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  • Unusual Video Footage Shows Saudi Arabia’s Grand Mosque Under Construction
     

    Amazing footage of the ongoing construction at Mecca’s Grand Mosque surfaced on Facebook, showing the large-scale reconstructive efforts at the holy site in Saudi Arabia. The video, shot from what looks like a crane, shows worshippers circling the Kaaba with construction efforts ongoing at the mataf expansion not far away. The amateur footage shows the […]

     
  • We’re here, can we come in? TASI and foreign investors
     

    The figurative lobby to the Tadawul All Shares Index (TASI), Saudi Arabia’s stock market, is filling up with eager investors.  Intrigued by the $387 billion Saudi stock market (three times the UAE bourses combined) and the $727 billion Saudi economy, many of them think… Brazil; whose fully accessible stock market’s capitalization exceeds $1 trillion. While […]

     
  • Al-Rabiah to Promote Saudi Auto Industry in U.S.
     

    The U.S.-Saudi Arabian Business Council (USSABC) issued a press release today to announce a new conference in Michigan to promote the Saudi auto industry. H.E. Tawfiq al Rabiah, the Saudi Minister of Commerce and Industry, is listed as a confirmed speaker of the event, which will “bring together senior Saudi Government officials, major Saudi industrialists, […]

     
  • Top 10 Salaries In Saudi Arabia
     

    The 2013 Gulf Business Salary Survey suggests it is good to be a CEO or managing director in Saudi Arabia; especially if you are a banking professional.  The Survey also examines trends with regard to Arab, Western and Asian professionals and the impact of Nitaqat on small and medium sized companies.

     
  • Saudi Prince Alwaleed Joins Twitter
     

    HRH Prince Alwaleed Bin Talal has joined Twitter, the microblogging social network in which the Prince holds a 3% stake. In an announcement in both Arabic and English on his official handle, @Alwaleed_Talal, Alwaleed’s office noted that the businessman will soon be active on Twitter:   The Private Office of HRH Prince Alwaleed Bin Talal […]

     
  • Lockheed Nets $253 Million Training Contract
     

    US-based Lockheed Martin will provide Virtual Training Technologies in support of Saudi Arabia’s F-15SA Modernization Program. The news comes on the heels of a recent announcement that the company had set up a branch in Riyadh on February 8th.  — According to a Press Release, Lockheed Martin, the Bethesda, Maryland-based aerospace company, has received a contract […]

     
  • Keystone: Saudi Arabia’s First Idea Translation Lab
     

    Many people are familiar with the King Abdullah University for Science and Technology (KAUST) and it’s glittering $20 billion endowment.  Founded in 2009 and sited north of Jeddah on the Red Sea, KAUST intends to be a global caliber research university as well as an educational and social bellwether that allows co-ed education.  The KAUST […]

     
  • Instagramming Riyadh
     

    Riyadh, Saudi Arabia is a beautiful city – one that is growing and changing at an impressive speed. Yet much of the Kingdom’s capital remains as it has for years. Traditional style housing and buildings, most of which are no higher than two stories, still dominate this sprawling city, but the gargantuan and glitzy new […]

     
  • Women Transforming the Middle East
     

    In this thoughtful interview with SUSRIS, Dr. Isobel Coleman, Council on Foreign Relations Senior Fellow, characterizes King Abdullah as a ‘committed incrementalist.’ An accurate description based on his steady push of reforms that are meaningful but are not, as some critics point out, decisive. Why doesn’t the King just declare that it is legal for […]

     
  • New President for KAUST in Saudi Arabia
     

    In a press release today, the King Abdullah University of Science and Technology (KAUST) in Thuwal, Saudi Arabia, announced a new president in Dr. Jean-Lou Chameau, who will be the second to serve in that post since the university’s inception. Dr. Chameau previously served as President of the California Institute of Technology in Pasadena.

     

MUST-READS

  • UN experts call on Saudi Arabia to halt imminent executions amid sharp rise

    United Nations human rights experts have called on Saudi Arabia to halt the planned executions of three foreign nationals, amid a significant spike in the Kingdom’s use of the death penalty in recent years. According to two UN Special Rapporteurs – Morris Tidball-Binz, the Special Rapporteur on extrajudicial, summary or arbitrary executions, and Alice Jill Edwards, the Special Rapporteur on torture – three Egyptians were executed by Saudi authorities on Tuesday this week, with two more Egyptian nationals and a Jordanian national due to be executed imminently. The reported upcoming death sentences come as the Kingdom’s executions this year have risen to over 300 people, a record increase in the penalty amid a general rise in the practice in recent years.

  • Saudi Arabia launches Milaf Cola, world’s first date-based soft drink

    Saudi Arabia recently launched a rather unusual cola, crafted not from corn syrup or cane sugar but from the nation’s most prized fruit—dates. Named Milaf Cola, the drink was developed by Thurath Al-Madina, a subsidiary of the Saudi Arabian Public Investment Fund, and launched at the Riyadh Date Festival by the company’s CEO, Bander Al-Qahtani, and the Saudi agriculture minister Abdulrahman Al-Fadley. The cola’s star ingredient are premium dates which are packed with fiber, antioxidants, and essential minerals such as magnesium and potassium, and are revered in the Middle East for their health benefits. Milaf Cola claims it contains no added sugar and is able to harness the superfood’s health benefits, positioning itself as a healthier alternative to conventional sodas without compromising on flavour.  

  • Aramco to develop CCS in Saudi Arabia

    Saudi Aramco has signed a shareholders’ agreement with Linde and SLB for development of a carbon capture and storage (CCS) hub in Jubail, the Eastern Province of the Kingdom of Saudi Arabia. Phase one of the new CCS hub is expected to capture and store up to 9 million metric tons/year of CO2 from three Aramco gas plants and other industrial sources. The captured CO2 will be transported through a pipeline network and stored below ground in a saline aquifer sink, the operator said in a release Dec. 4. Construction is expected to be completed by end-2027. Later phases could further expand capacity. The overall project is aimed at supporting Aramco's ambition to achieve net-zero Scope 1 and gas emissions across its wholly owned operated assets by 2050.

  • Saudi Arabia extends term of $3 bln deposit with Pakistan for another year

    Saudi Arabia has extended the term of a $3 billion deposit placed with Pakistan to support its economy for another year, Pakistan's central bank said on Thursday. The term of the deposit, which was maturing on Thursday, was initially signed with State Bank of Pakistan in 2021, and was subsequently rolled over in 2022 and 2023, the bank said.

  • Why Assad’s regime is collapsing so quickly

    A coalition of armed opposition factions has gone on the offensive in northern Syria, capturing some 250 cities, towns, and villages and more than doubling the territory under its control. Syria’s second-largest city of Aleppo was captured in 24 hours, as Syrian regime front lines collapsed one after the other. After nearly five years of territorial lines of control being frozen across the country, these are dramatic, game-changing developments.

  • French President Emmanuel Macron visits Saudi Arabia’s historic AlUla Valley

    French President Emmanuel Macron visited the historic AlUla Valley on Wednesday as part of his state visit to Saudi Arabia. Accompanied by the Minister of Foreign Affairs Prince Faisal bin Farhan, Macron began his tour at Hegra, the ancient Nabataean city known for its spectacular stone-carved landmarks, Saudi Press Agency reported. Hegra, also known as Mada’in Salih, was Saudi Arabia’s first UNESCO World Heritage Site. Macron was guided through the most prominent monuments and archaeological sites in the area.

  • The new ‘rivers’ of Saudi Arabia

    The giant pipelines that criss-cross the country to distribute the desalinated water have been recognised by Guinness World Records as the world’s largest water distribution system – with a total length of more than 14,000km. Indeed, so vast is the network that if all these giant pipelines were laid one after the other, they would roughly stretch from Saudi capital Riyadh, which lies in the centre of the country, to Guadalajara, in western Mexico. The total distribution network is more than 130,000km long, while the collection network stretches to over 50,000km in length, said Mr Al Abdulkarim.

  • Two-time Major champion Dustin Johnson announced as latest Golf Saudi ambassador

    Two-time PIF Saudi International powered by SoftBank Investment Advisers champion Dustin Johnson has today been announced as Golf Saudi’s newest high-profile ambassador – as the sixth edition of the $5million tournament entered its second day at Riyadh Golf Club. In his ambassadorial role, American Johnson – who won Golf Saudi’s landmark men’s event in both 2019 and 2021 and is competing in Riyadh this week – will help further drive the growth of golf within Saudi Arabia, working closely with country’s National Teams to deliver year-round lessons and coaching.

  • Cynthia Erivo, Will Smith, Michelle Yeoh, Emily Blunt Help Open Saudi Arabia’s Red Sea Film Festival

    The Red Sea International Film Festival has officially kicked off its fourth edition as A-listers and international auteurs converged in Jeddah’s old town of Al-Balad in Saudi Arabia’s second-largest city for a decidedly glamorous opening ceremony. Emily Blunt, Cynthia Erivo, Eva Longoria, Michelle Yeo, Michael Douglas and Catherine Zeta-Jones in a flowing blue sky gown and cape, Squid Game breakout Hoyeon, Michelle Rodriguez, Bollywood star Aamir Khan, competition jury president Spike Lee, action stars Will Smith and Vin Diesel, Kareena Kapoor, Saudi actor Khaled Yeslam and Daniel Dae Kim were among the global stars in lavish outfits at the opening gala on Thursday night. The glamorous event saw the stars converge on the main building of the city’s new Culture Square that mixes traditional architecture and modern technology. The site is being touted as “the new home of film” in Jeddah and Saudi Arabia.

  • Saudi trades in US equities reach 2-year high at $23.88B

    Saudi investors executed sell and buy transactions on US equities totaling SAR 89.7 billion, reflecting an increase of approximately SAR 47.1 billion, or 111% year-on-year (YoY), the highest level in two years. Trading by Saudis in US stocks jumped by 53%, or SAR 31.1 billion, compared to SAR 58.6 billion in Q2 2024. The CMA report on the trading value of local authorized brokers in the global markets does not include either details of the number of Saudi portfolios abroad, the number of investors trading directly through foreign brokers, or their trading volumes.