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  • Development on Jeddah Tower and Surrounding Economic City Moves Forward After Alwaleed’s Release
     

    Construction of what is planned to be the world’s tallest skyscraper in Jeddah is going ahead following the release of Saudi Arabia’s Prince Alwaleed bin Talal, the head of the consortium behind the $1.5 billion project said. Mounib Hammoud,  chief executive of Jeddah Economic Co (JEC), said in an interview that the project will ideally be completed […]

     
  • Saudi Economy to See 1.5% Growth in 2018, Jadwa Says
     

    The Saudi Arabian economy will grow by an estimated 1.5 percent in 2018, up from a contraction in 2017 of -0.7 percent, according to a new report from Riyadh-based economic analysts at Jadwa Investment. “The oil sector will see the largest improvement in the year ahead, rising to 1.5 percent in 2018, compared to a decline […]

     
  • Saudi Crown Prince Mohammed bin Salman will Visit Washington, Other U.S. Cities in Early March
     

    The Royal Embassy of Saudi Arabia in Washington is working to organize a visit by crown prince Mohammed bin Salman to the United States in early March, the first trip to the U.S. since he became crown prince last year, according to reports. Rumors of a forthcoming visit by the powerful crown prince have surfaced in […]

     
  • At Davos, Saudi Leaders Discuss Energy, Foreign Policy on World Stage
     

    Saudi government leaders arrived to Davos, Switzerland for the annual World Economic Forum to meet with other world leaders and discuss key foreign policy and energy challenges facing the Kingdom. The 48th Annual Meeting in Davos will host 3,000 participants across all stakeholder groups including public & private sectors, civil society, academia, media, and arts & culture. The Saudi delegation is led […]

     
  • Report: Saudi Government, SBG in Talks for State Takeover of Troubled Construction Giant
     

    Saudi Arabia is taking managerial control of Saudi Binladin Group (SBG) and discussing a possible transfer of some of the giant construction group’s assets to the state while its chairman and other family members are in detention, Reuters reports today citing sources. Binladin is the biggest builder in the country and important to Saudi Arabia’s plans for […]

     
  • Saudi Aramco, Partners Launch Offshore Focused Shipyard at Ras Al-Khair Industrial City
     

    Saudi Aramco and partners announced a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’s drive to diversify the economy beyond oil. Along with UAE-based Lamprell, the National Shipping Company of Saudi Arabia (Bahri), and South Korea-based Hyundai Heavy Industries, Saudi Aramco says the shipyard will be focused on […]

     
  • Omar Bahlaiwa Honored at Johns Hopkins Forum Alongside U.S. Congress Leaders
     

    Omar Bahlaiwa, Saudi businessman, member of the board of directors of the Saudi-US Trade Group (SUSTG), member of the Saudi Committee for International Trade (CIT) and previously Secretary General of CIT as well as acting Secretary General for the Council of Saudi Chambers of Commerce was honored at the Annual Transatlantic Economic Forum held at the Johns […]

     
  • Trump Administration, Saudi Government at Odds over Yemen Blockade, Jerusalem Decision
     

    In an unusual public demand of Saudi Arabia, President Trump has called on Saudi leaders to ease the blockade of Yemen to allow for humanitarian aid to assist the war-torn and decimated country. “I have directed officials in my administration to call the leadership of the Kingdom of Saudi Arabia to request that they completely […]

     
  • Energy Secretary Rick Perry Meets with Top Saudi Leaders; Photos from Visit Go Viral
     

    U.S. Secretary of Energy Rick Perry visited Saudi Arabia over the weekend as part of a tour of three Gulf states, his first trip to the region since becoming the top U.S. energy official. Secretary Perry’s tour of Saudi Arabia was packed with events and visits with key Saudi officials as well as energy institutions in the […]

     
  • UAE, Saudi Arabia to form new ‘Joint Cooperation Committee’
     

    The United Arab Emirates on Tuesday announced it has formed “a new economic and partnership group” that is a “joint cooperation committee” with Saudi Arabia, separate from the Gulf Cooperation Council, in a move that further emphasizes Saudi-UAE alignment amid a diplomatic crisis with member state Qatar. The Emirati Foreign Ministry announcement was made just hours ahead of a […]

     

MUST-READS

  • Opinion: Unless Biden exerts real pressure on Israel, Saudi Arabia will not normalize relations

    The Biden administration has for some time sought to dangle the prospect of Saudi recognition of Israel as part of an Israeli-Hamas cease-fire agreement that would also involve the terrorists’ freeing of Israeli hostages. It has been widely assumed that if Riyadh recognizes the Jewish State, it would do so under the umbrella of the Abraham Accords. For its part, the White House has made no attempt to dispel that assumption. Indeed, the administration initially appointed Daniel Shapiro, a former ambassador to Israel, as special envoy for the accords (he has since taken the slightly lower-ranking position as Deputy Assistant Secretary of Defense for the Middle East).

  • India Relaxed About OPEC+ Cutting Oil Output, Minister Says

    India’s oil minister said the country isn’t concerned about OPEC+’s output cuts and Saudi Arabia’s recent decision not to expand production capacity. “There is enough oil in the world and new suppliers are coming in,” Hardeep Singh Puri said on the sidelines of India Energy Week in Goa. “You decide, you want to sell it or you want to keep it in the ground.”

  • Photos: US bolsters regional partnerships at Saudi World Defense Show

    U.S. Air Force personnel assigned to the Air Forces Central Band pose for a photo during the Saudi World Defense Show at an undisclosed location in the Central Command area of responsibility, Feb. 4, 2024. U.S. military participation in the Saudi World Defense Show allows foreign military and civilian decision-makers an opportunity to evaluate and compare U.S. Air Force aircraft in a non-operational and threat-free environment.

  • Saudi Arabia poised for new Aramco share sale -sources

    Saudi Arabia is poised to sell more shares of energy giant Aramco, three people familiar with the matter said, which could boost the country's funding and its aim to wean the economy away from oil. The government has lined up Citigroup, Goldman Sachs and HSBC for the sale, one of the people said, which could take place in the second or third quarter of this year, a second person said. The share sale could raise about $20 billion, according to Bloomberg, which first reported the news. The preparations are ongoing and the details could change, the people said. The government's communication office did not have an immediate comment. Aramco declined to comment.

  • Cease-Fire Emerges as Key to Israeli-Saudi Normalization

    The Biden administration believes it is still possible to broker a historic normalization deal between Saudi Arabia and Israel, but the window for an agreement is closing with fighting still under way in Gaza and the U.S. presidential campaign ramping up. Saudi Arabia won’t agree to move forward until a cease-fire is in place, but talks to halt the conflict have stalled, according to U.S. and Saudi officials. Secretary of State Antony Blinken, who is traveling in the Middle East this week, is pushing a normalization deal in talks with Saudi and Israeli officials, as part of a broader effort to end the Gaza war, isolate Iran, and stabilize the region. 

  • In the Gulf, Is Civil Society Fighting for Climate?

    Tracking the efforts and successes of civil society elements in underscoring the urgency of addressing climate change will remain a key bellwether for progress on issues relating to global warming, energy transition, and sustainability.

  • How Should the U.S. Respond to a Middle East Crisis Threatening Its Policy and Personnel?

    The October 7 Hamas attacks in southern Israel created an immediate crisis for the President Joseph R. Biden Jr. administration’s policy of promoting greater regional integration and upholding stability and security in the Middle East. That agenda is coming under intensified pressure, most dramatically by the killing of three U.S. service personnel and the wounding of dozens more by a drone strike in Jordan that the White House blames on Iranian-backed militias.

  • How Should the U.S. Respond to a Middle East Crisis Threatening Its Policy and Personnel?

    The October 7 Hamas attacks in southern Israel created an immediate crisis for the President Joseph R. Biden Jr. administration’s policy of promoting greater regional integration and upholding stability and security in the Middle East. That agenda is coming under intensified pressure, most dramatically by the killing of three U.S. service personnel and the wounding of dozens more by a drone strike in Jordan that the White House blames on Iranian-backed militias

  • Arab Public Opinion about Israel’s War on Gaza

    Arab Center Washington DC (ACW), in cooperation with The Arab Center for Research and Policy Studies (ACRPS), conducted a survey of public opinion in 16 Arab countries to gauge the Arab public’s views about the Israeli war on Gaza that began on October 7, 2023, and Arab perceptions of the US role and policies toward the war. The poll is the first of its kind to measure Arab public opinion on the topic.

  • Saudi Arabia’s sovereign fund bolsters ties with private sector at annual forum

    The PIF Private Sector Forum concluded on Wednesday and reaffirmed its commitment to foster strategic partnerships between the private sector Saudi Arabia’s sovereign fund and its portfolio companies. The second edition of forum held in Riyadh was attended by over 8,000 people who include princes, ministers, decision-makers, CEOs, and senior officials from both the public and private sectors.