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MUST-READS

  • Unleashing Young Saudi Potential: A Dive into Mohammed Bin Salman Nonprofit City

    Imagine 8 million annual visitors, 25,000 employees, and nearly 18,000 residents shaping the city's dynamic spirit. Picture 6,000 apartments and 500 villas housing families and individuals drawn to this unique opportunity. With a 20-minute drive to downtown Riyadh, the city seamlessly integrates into the wider fabric of Saudi Arabia, fostering collaboration and exchange.

  • Yemen to receive second $250 million tranche of Saudi grant soon, central-bank governor says

    Yemen will receive a second $250 million instalment from a Saudi one-year $1 billion grant on Sunday or Monday to support salary payments, its central bank governor told Reuters. Ahmed bin Ahmed Ghaleb Al-Maabqi said the remaining $500 million of the grant, from which the first $250 million was paid out last August, has yet to be transferred to the bank, based in the southern port of Aden. The bank supports the Saudi-backed government as it struggles with a weak currency and high fuel and commodity prices.

  • Netanyahu insists on Rafah offensive as warnings mount

    Israel is facing growing international warnings over its planned offensive in Rafah - the city in southern Gaza crammed with Palestinian refugees. Prime Minister Benjamin Netanyahu said the Israeli military will go ahead with its planned ground offensive, insisting an evacuation plan is being prepared. UK Foreign Secretary David Cameron said "over half of Gaza's population are sheltering in the area". Saudi Arabia warned of "very serious repercussions" if Rafah was stormed.

  • The Aging Bureaucrat Frustrating the West’s Plan for Gaza

    Abbas has ruled the Palestinian Authority as leader of Fatah, its largest party, for almost two decades and hasn’t faced general elections since 2006. His poll ratings are on the floor, with 90% of Palestinians calling for his resignation and the authority he leads widely viewed as ineffective and corrupt. His insistence on staying in power is snarling plans for Gaza, where the U.S. and its Arab allies want the Palestinian Authority, which controls parts of the Israeli-occupied West Bank, to govern in place of Hamas after the war with Israel.

  • Saudi art not seen for decades goes on display at AlUla’s Maraya

    The modern era of Saudi art is somewhat ill-defined. A scarcity of studies and academic inquiries leaves a lot of blanks in the arc between Saudi modern and contemporary art. However, a new exhibition at AlUla’s Maraya seeks the help of private collectors to draw a thread from the 1950s onwards. More than Meets the Eye is running until April 27 alongside the AlUla Arts Festival. It comprises artworks that come exclusively from private collectors in Saudi Arabia, meaning that several pieces have never been displayed in public before.

  • An Active Saudi Foreign Policy and a Broader Concept of Security in the Middle East

    During the last eight years, Saudi foreign policy has adopted a broad concept of security that is not limited to just restoring stability and containing crises but goes beyond it to achieve development and prosperity for all peoples of the region because of the organic relationship between security and development, as the state of turmoil suffered by many countries in the region is due to the failure of development, widespread poverty, the state of despair and hopelessness.

  • Saudi Arabia announces qualified bidders for 3.7GW solar projects

    The four solar projects to be developed under this round are the 2GW Al Sadawi solar plant, to be situated in Saudi Arabia’s Eastern province, the 1GW Al Masa’a project to be located in Hail province, and the 400MW Al Henakiyah 2 and 300MW Rabigh 2 projects which will be located in Madinah and Makkah provinces respectively. The NREP’s objective is to increase the proportion of renewable energy in the country’s energy mix, with a target of 50% of its electricity from renewable sources by 2030.

  • Saudi Space Agency Partners With LeoLabs and NorthStar for SSA

    On the sidelines of the Space Debris Conference in Riyadh, the Saudi Space Agency signed memoranda of understanding (MoUs) with Leo Labs and NorthStar, respectively. The MoU with Leo Labs aims to build a cooperative relationship in the field of space monitoring. Both agreements aim to exchange expertise and knowledge related to space situational awareness and explore future collaboration opportunities between the Saudi Space Agency and both NorthStar and LeoLabs.

  • Saudi Arabia’s newest Neom project forms rocky outcrop in the desert

    More plans have been revealed for the massive upcoming Neom development which is currently remaking the Saudi Arabian landscape. Named Xaynor, this latest project will offer an ultra-exclusive club for well-heeled guests that takes the form of an unusual rocky outcrop. Xaynor will be located on the Gulf of Aqaba, on Saudi Arabia's Red Sea coastline, which is the same site as the recently unveiled Zardun and Epicon skyscrapers.

  • Saudi Arabia Macroeconomic Boom: 8.7% GDP Growth, Vision 2030 & $7.6% Fiscal Surplus Fuel Transformation Journey

    Saudi Arabia's macroeconomic landscape is experiencing a dynamic shift, fueled by surging oil prices, ambitious diversification efforts, and transformative Vision 2030 initiatives. Ken Research's "Saudi Arabia Macroeconomic Assessment" report paints a vibrant picture, highlighting key trends, opportunities, and challenges for businesses and investors. This press release delves into the report's insights, offering a snapshot of the Kingdom's evolving economic landscape.