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World Business Report

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The latest business and finance news from around the world from the BBC

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Saudi Arabia Plans for a Post-Oil Future

April 25th, 2016

Episode 707 of 895 episodes

We ask what has prompted a major rethink of Saudi Arabia's future plans. John Sfakianakis is a former adviser to the Saudi economy minister, and is director of economics at the Gulf Research Center in Riyadh. Also in the programme, investigators are blaming a flaw in the SWIFT system of international payments for the biggest cyber bank heist in history. The Central Bank of Bangladesh lost $81 million, and is struggling to recover the missing funds. We find out more from Peter Sommer, professor of cyber security at De Montford University in the UK. There's been a series of high-profile resignations in Spain's southern city Granada. The BBC's Guy Hedgecoe reports on a corruption scandal that has affected a number of different political parties. The French oil giant Total has welcomed Uganda's decision to build a pipeline through Tanzania. We find out more from the BBC's Catherine Byaruhanga in Kampala. And Lucy Kellaway of the Financial Times fulminates on the distorted images used to portray women in a male-dominated workplace. (Picture: A Saudi Arabia oil installation. Picture credit: Getty Images.)

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