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  • GCC Population grows 7.3% to 57.6 million
     

    According to recent statistics released by the GCC Statistical Centre, the total population of the Gulf Cooperation Council (GCC) countries witnessed a significant increase of 7.3% in 2023 compared to 2021, reaching 57.6 million.

     
  • KSA sets air traffic records
     

    Saudi Arabia has witnessed remarkable growth in its air traffic during the first half of 2024, according to the General Authority of Civil Aviation (GACA). The Kingdom has reported a significant growth in passenger traffic, flights, air cargo, and connectivity.

     
  • Aquaculture in KSA
     

    Saudi Arabia’s aquaculture sector has witnessed remarkable growth in recent years, with production increasing by 400% between 2015 and 2022. This rapid expansion can be attributed, in part, to a concerted effort from public and private stakeholders to bolster food security in the region, improve economic diversification, and reduce overreliance on food imports.

     
  • NASA Signs US, Saudi Arabia Agreement for Civil Aeronautics, Space Collaboration
     

    The United States and Saudi Arabia signed a framework agreement that opens new possibilities for cooperation with NASA in areas such as space science, exploration, aeronautics, space operations, education, and Earth science. NASA Administrator Bill Nelson signed on behalf of the U.S., and CEO of the Saudi Space Agency Mohammed bin Saud Al-Tamimi signed on behalf […]

     
  • World Bank Lauds KSA for Breakthrough Pension Reforms
     

    Saudi Arabia took a big leap forward in transforming its pension system with the recent announcement of comprehensive reforms, designed with support from the World Bank, aimed at enhancing income protection during old-age, but also promoting gender equality. 

     
  • The Impact of Healthcare Investments on Saudi Arabia’s economy
     

    The Observer Research Foundation, a leading think tank based in India, examined Saudi Arabia’s spending and strategy with regard to improving health care for its citizens. 

     
  • Saudi Arabia grants citizenship to 2nd group of distinguished global talents
     

    A Royal decree has been issued to grant Saudi citizenship to a number of scientists, medical doctors, researchers, innovators, entrepreneurs, and distinguished talents with unique expertise and specializations including Dr. Mehmood Khan, an American and the CEO of the Hevolution Foundation, the Saudi Press Agency reported on Thursday.

     
  • Esports World Cup is Underway in Riyadh
     

    The Esports World Cup Foundation celebrated the start of the Esports World Cup , the world’s largest gaming festival, held at Boulevard City in Riyadh, Saudi Arabia. The event runs for eight weeks, from July 3 – August 25 with more than 1,500 players from the best esports clubs across the globe competing for prizes in 22 tournaments across 21 games.

     
  • Saudi-US Trade and Investment Framework Agreement (TIFA) Council Meetings Underway
     

    The General Authority of Foreign Trade (GAFT) which is part of the Saudi Ministry of Commerce is leading Saudi Arabia’s delegation at the eighth meeting of the Saudi-US Trade and Investment Framework Agreement (TIFA) Council, held between June 23 and 28, 2024, in Washington, DC.

     
  • Fossil fuel use, emissions set new highs in 2023
     

    The Energy Institute and co-authors KPMG and Kearney released the 73rd annual edition of the Statistical Review of World Energy, presenting the full global energy data picture for 2023.

     

MUST-READS

  • Gulf States Advance Clean Energy Agenda but Need to Decarbonize Much Faster

    The United Arab Emirates, Saudi Arabia, and Oman are making impressive strides in developing their renewable and clean energy potential, but they will need to decarbonize their oil and gas operations faster to adapt to the energy transition. This was one of the takeaways at AGSIW’s Petro Diplomacy 2024 conference from a conversation with Roger Diwan, vice president of research and analysis, upstream, at S&P Global Commodity Insights.

  • Recap of Sedrah and NextGenAI Hackathons (in Saudi Arabia)

    The way hackathons generally work is that they are short 1–3 day events focused around a certain theme. Participants form teams to build a prototype (usually from scratch) in that time, and present at the end for the judges to evaluate.

  • Mapping the World’s Readiness for Artificial Intelligence Shows Prospects Diverge

    Our research has already shown how AI is poised to reshape the global economy. It could endanger 33 percent of jobs in advanced economies, 24 percent in emerging economies, and 18 percent in low-income countries. But, on the brighter side, it also brings enormous potential to enhance the productivity of existing jobs for which AI can be a complementary tool and to create new jobs and even new industries.

  • Karim Elgendy: Climate Diplomacy in the Middle East

    This forced rural to urban migration resulting from the drought—which anecdotally was the worst drought Syria had experienced in the last 800 years, according to some estimates by NASA—has done two things. One, it has obviously relocated 800,000 people into new areas where they have no jobs. They have no skills. There are no services for them, and they also lost all their wealth because 85 percent of all privately owned cattle reportedly died.

  • HRS to open first hydrogen station in Saudi Arabia

    Hydrogen Refueling Solutions (HRS), European designer and manufacturer of hydrogen refueling stations, has announced the first order of a hydrogen station outside of Europe, from a Saudi Arabian developer. The site was ordered by a local national energy company and is set to supply a planned fleet of 20 buses and light vehicles, with construction starting in July. As its first station to be sold outside Europe, this marks a decisive step in HRS's strategy of international development.

  • How 3 Schengen-style visas planned in GCC, Asia and Africa could change tourism forever

    The Schengen visa has transformed tourism for holidaymakers across the world looking for hassle-free travel to Europe. A single document offering unrestricted access to 29 countries, it delivers a major economic boost for member countries and a major timesaver for travelers themselves. So transformative is the Schengen visa, in fact, that countries around the world are looking to partner up to form trading and diplomatic blocs with mutually beneficial tourism benefits.

  • Chile says Saudi mining minister to visit, lithium expected on agenda

    Chile's government said on Saturday that Saudi Arabia's mining minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago.
    Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef told Reuters in March the kingdom was interested in sourcing lithium abroad, as it aims to enter the electric vehicle sector.
    "He will indeed be in Chile (in July) and has asked for a meeting with the minister. But the date is not yet set," the ministry said in an email to Reuters.

  • Saudi aid agency rehabilitates fish landing center in Yemen’s Hodeidah

    Saudi Arabia’s King Salman for Humanitarian Aid and Relief Center (KSrelief) and the UN Food and Agriculture Organization (FAO) rehabilitated a fish landing center in Yemen’s Hodeidah, the Saudi Press Agency said. The site was renovated under the emergency support program to protect the agriculture, livestock and fishery-based livelihoods of highly vulnerable populations in Yemen, which is funded by the KSrelief.

  • Iran General killed in suspected Israel air strike in Syria

    An Iranian General has been killed in a suspected Israeli air strike near the Syrian city of Aleppo, nearly two months after the Islamic Republic warned it would retaliate against attacks on its interests, Iran’s state TV reports. According to the report, Saeed Abyar, described as a Military Adviser, was targeted in a bombing raid resulting in the death of several civilians and “material losses”.

  • Saudi anti-corruption agency finds hidden, destroyed evidence in food poisoning cases

    Initial investigations into the recent cases of food poisoning reported in Riyadh found that several attempts had been made to conceal or destroy evidence, Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) said in a statement on Thursday.

    The investigation suggested potential collusion by a small number of food inspectors who prioritized personal gain over public health and safety, the statement added.