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  • IMF Executive Board Concludes 2022 Article IV Consultation with Saudi Arabia

    Saudi Arabia is recovering strongly following a deep pandemic-induced recession. Liquidity and fiscal support, reform momentum under Vision 2030, and high oil prices and production helped the economy recover with a robust growth, contained inflation and a resilient financial sector. The receding effects of the pandemic, rising oil production/prices and a strengthening economy have improved the fiscal and external positions.

  • 75 Years Later, the Fading Ghosts of India’s Bloody Partition

    The chaos, confusion and religious violence that accompanied the cleaving of Pakistan from India 75 years ago this week resulted in the deaths of up to two million people and unleashed one of history’s largest displacements, with Hindus and Muslims from once-mixed communities rushing in opposite directions to new homelands created along religious lines.

  • Eros Media World Enters Saudi Via Partnership With Arabia Pictures Group

    Indian media and entertainment giant Eros Media World is moving into the rapidly growing Saudi Arabia market, entering a strategic partnership with Riyadh-based content production company Arabia Pictures Group. The pair will explore opportunities in the film, technology and Web3 spaces and eye investments in content production, including end-to-end production, line production, distribution and more. They will also seek to introduce new technologies that can further the growth of the media and entertainment sector in Saudi. Eros and APG are already in the advanced stages of testing movie archive digitization and virtual location scouting technologies.

  • As the World Cup Looms, Qatar Unveils an Array of Public Art

    Since winning its bid for the FIFA World Cup over a decade ago, Qatar has been eager to bolster its cultural clout with substantial investments leading up to the marquee event in November. The Persian Gulf country has debuted numerous world-class museums and now a massive public art program showcasing 40 new pieces by international heavyweights.

  • Tales of the Bedouin – Part XXI: The Remarkable Life of Bdah Al Hajri

    In late 1978, Bdah Al Hajri was born in a Bedouin tent at the northern extremity of the Eastern Province oil fields, near the remote Aramco construction site at Fazran.

  • Tales of the Bedouin – Part XXI: The Remarkable Life of Bdah Al Hajri

    In late 1978, Bdah Al Hajri was born in a Bedouin tent at the northern extremity of the Eastern Province oil fields, near the remote Aramco construction site at Fazran.

  • Archaeologists in Saudi Arabia Have Unearthed an 8,000-Year-Old Settlement That Includes an Tribute to the Deity Khaal

    The Kingdom of Kindah was established in the fifth and sixth centuries by a group of once-nomadic tribes from north and central Arabia. Today, the site sits roughly 400 miles southwest of the Saudi capital city of Riyad.

  • China, Saudi Arabia Announce Massive Strategic Partnership Energy Agreement

    The world’s largest oil-exporting company Saudi Arabian Oil Company (Saudi Aramco) has signed a memorandum of understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec). According to an official statement from Aramco, the agreement outlines “pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and in the kingdom”.

  • 8,000-Year-Old Settlement Unearthed in Saudi Arabia

    An 8,000-year-old settlement has been discovered by a group of Saudi and French archaeologists working at a site southwest of the Saudi Arabian capital of Riyadh. Led by the Saudi Heritage Commission, the team uncovered the Neolithic-era remains using laser scanning, aerial photography, drones, and various forms of surveying. The archaeologists located the settlement at Al-Faw, an archaeological site that has previously turned up evidence of a strong trade network that sustained an ancient city.

  • SmartCrowd expands Into Saudi Arabia

    Saudi Arabia's residential real estate market is an untapped sector offering an excellent opportunity for regional and global investors, with forecasted market growth (CAGR) of more than 9.74 percent between 2022 - 2027. Valued at SAR 156bn in 2021, the real estate market is expected to grow significantly, in line with the country's Vision 2030, the rapid pace of new developments, and the Kingdom's ongoing efforts to diversify its economy away from reliance on oil and gas revenues.