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Reports: Trump Administration Bans Laptops In-Flight for Saudi-US Flights
Lengthy flights from Saudi Arabia to the United States will now seem longer as the Trump Administration bans non-American carriers from allowing passengers to carry laptops in-flight. New TSA rules on flights originating from Riyadh and Jeddah state that laptops must be kept in checked baggage. The new rule “had been under consideration since the […]
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Seven Important Takeaways from Saudi Deputy Crown Prince Mohammed bin Salman’s Lunch Meeting with President Trump
A “senior advisor to Deputy Crown Prince Mohammed bin Salman” released an enthusiastic statement following yesterday’s meeting between the Prince and President Trump, calling the meeting a “huge success.” Observers of the U.S.-Saudi relationship will read the full text of the statement closely. It provides some insight into the thinking of Saudi leaders on the […]
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Deputy Crown Prince Mohammed bin Salman Departs for United States, Set to Meet with Donald Trump
Deputy Crown Prince Mohammed bin Salman is set to visit Washington, D.C. this week and will meet with President Trump. The Saudi Royal Court, in a statement carried by the official Saudi Press Agency, said that Prince Mohammed will meet with the President and a number of US officials to discuss “the strengthening of bilateral relations […]
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Saudi Arabia’s Fiscal Balance Program (FBP) 2020: The Kingdom’s Path to Fiscal Sustainability
Fiscal reforms already underway in Saudi Arabia could save the Kingdom as much as SR362 billion ($97 billion) annually by 2020, leading to a surplus of SR162 billion ($43 billion) annually, according to a recent analysis by Jadwa Investment. That amount is a significant increase as compared to if nothing was done to address Saudi Arabia’s fiscal […]
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Saudi Arabia Gains ‘Upper Hand’ in Competition for Asia Energy Demand with Massive $7b Aramco-Petronas Deal
Oil giant Saudi Aramco signed a $7 billion deal Tuesday to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia and give the Kingdom an “upper hand” in the supply competition for Asia’s energy demand, according to reports. Saudi […]
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Saudi Arabia Makes Diplomatic Push to Warm Ties with Iraq
Saudi Arabia’s Foreign Minister Adel Al-Jubeir made a surprise trip to Iraq on Saturday, the first trip there by a Saudi foreign minister since 1990. While in Baghdad, Al-Jubeir met with Iraqi Prime Minister Haider Al-Abadi and his counterpart, Ibrahim Al-Jaafari. Al-Jubeir said that Saudi Arabia plans to appoint a new ambassador and resume direct flights […]
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Petrochemicals Sector in Saudi Arabia Remains Vital for Vision 2030 Aims
The Petrochemicals sector in Saudi Arabia makes up 60% of the Kingdom’s non-oil exports and remains vital to the Kingdom’s Vision 2030 aims, according to a recent study on the sector released by Jadwa Investment. The sector’s prominence in the non-oil economy means it has been identified by both the National Transformation Program (NTP) 2020 and […]
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“Ken of Arabia” Lands Moelis and Co. as Lead Advisor for Saudi Aramco IPO
Saudi Aramco has chosen New York-based boutique investment bank Moelis & Co as an adviser on its plans for what is expected to be the world’s biggest initial public share offer, Reuters reports. Moelis & Co secured the role of lead independent adviser. The selection is set to move the small newcomer, and its CEO, […]
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Raw Video Emerges of Houthi Attack on Saudi Frigate as U.S. Sends Destroyer to Red Sea
Raw video has emerged online of a Houthi attack on a Saudi frigate that damaged the ship and drew the condemnation of Saudi Arabia and its allies. Suicide boats belonging to the Houthi militias from Yemen struck the Saudi frigate off Hodeida port in the Red Sea. Two crew members were killed and three were […]
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Saudi Restarts Renewable Energy Investment Plans with up to $50b in Solar, Wind by 2023
Saudi Arabia appears to be re-starting its efforts to expand renewable energy projects to meet growing domestic power needs with up to $50b invested through 2023, according to reports and comments by the Kingdom’s energy and industry minister Khalid al-Falih. The projects, part of the National Renewable Energy Plan (NREP) will be managed under a […]
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Saudi crown prince receives prime minister of the Netherlands
Saudi Crown Prince, Mohammed bin Salman, received on Tuesday the Prime Minister of the Netherlands Mark Rutte.
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Six Senses Southern Dunes offers serenity in Saudi Arabia’s Red Sea
ix Senses Southern Dunes was the first property to open in The Red Sea, Saudi Arabia’s ambitious regenerative tourism project, and so expectations are high. Now, alongside The St Regis Red Sea, it’s one of only two hotels in the area, which is eventually set to span 28,000 square kilometres, with myriad luxury resorts on more than 90 islands. The National checked in to a one-bedroom pool villa to see if the project lives up to the hype.
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Saudi Tennis Federation President Arij Mutabagani discusses big year ahead for sport
At the first Grand Slam of 2024, there appeared to be a ceremonial passing of the tennis torch as record-breaking men’s champion Novak Djokovic was beaten in the Australian Open semi-finals by 22-year-old upstart Jannik Sinner, who went on to claim his first major crown. With Roger Federer and Serena Williams retired, and Rafa Nadal and Andy Murray are tipped to follow in their footsteps this season, the sport of tennis is currently in a state of transition.
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Saudi Arabian women and collective memories: a discussion with artist Manal AlDowayan
Saudi Arabian artist Manal AlDowayan used to hate the word feminist. “I thought feminism was created for white, Western women, and their language didn’t include me,” she told me recently. Her work spans the range of photography, video, sound, sculpture and participatory practice. It is usually themed around the limitations and pockets of freedom that Saudi women have, as well as interrogating traditions, and collective memories. This has caused the art public to look at her as a feminist artist, and that’s also why her statement is quite surprising. “I think my grandmother was a feminist,” she clarified quickly. “Not through her sexual conduct or the way she dressed. Just by her resilience. She was a strong woman. Her husband died early and she had to raise 10 children alone. All of them became successful in their own right. She was amazing.”
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Baker Hughes and Dussur inaugurate Saudi Petrolite Chemicals’ facility
Baker Hughes and Dussur have formally inaugurated the previously announced joint venture (JV) chemicals manufacturing facility focused on providing oilfield and industrial chemicals in The Kingdom of Saudi Arabia (KSA). The facility will be known as the Saudi Petrolite Chemicals facility. The event commemorated the new facility which will increase KSA’s supply base targets of raw materials like solvents and glycols, as well as accelerate the development of manufacturing skills and capabilities of the local workforce. With faster delivery of fit-for-purpose chemical solutions, the facility is closer to customers and suppliers, creating efficiencies across the business. The new facility also builds on Baker Hughes’ continued strategy to source and produce chemicals in proximity to key demand hubs, as recently achieved with the Singapore chemicals manufacturing facility in 2022.
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Saudi Arabia’s dream of the desert train will cross UNESCO world heritage sites
Arsenale Group and Saudi Arabia Railways (SAR) recently announced a partnership to build the first luxury train that will cross the Kingdom at the end of 2025. Dubbed Dream of the Desert, the train will be made entirely in Italy with a design inspired by Saudi style and tradition. From the capital Riyadh to Al Qurayyat, on the northern border with Jordan, passengers will get to travel through scenic deserts and UNESCO world heritage archeological sites.
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PGA political golf drama is Saudi’s Trump card
The scrutiny over Saudi Arabia’s potential investment in golf is intensifying. U.S. lawmakers accused, opens new tab former Citigroup (C.N), opens new tab power banker Michael Klein and other consultants to the sovereign’s Public Investment Fund of siding with the Middle East nation. While the deal with the PGA Tour is in flux, delays could work in the Saudis' favor. Last week, a Senate subcommittee hauled Klein, McKinsey boss Bob Sternfels, Boston Consulting Group Chair Richard Lesser and Teneo Chief Executive Paul Keary in for a hearing on national security. The interrogation was prompted in part by a surprise June agreement by the PGA and former archrival PIF-backed LIV Golf that outlined a potential tie-up between the two groups.
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Opinion – Only President Biden and Crown Prince Mohammed bin Salman Can Redirect the Israeli-Palestinian Conflict
One of the most unexpected developments in the Israel-Hamas war is the emergence of a powerful alignment of interests and incentives for Israel, the Palestinians, America and Saudi Arabia to all get behind a pathway to a Palestinian state that can live in peace alongside Israel. For starters, moving toward a Palestinian state — once this war ends — is the key for Israel reconnecting with important constituencies around the world, it’s the key to an eventual secure pathway out of Gaza and it is the cement for the regional alliance Israel needs to protect itself.
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Saudi Aramco starts trading US crude that helps set Brent oil benchmark
Saudi state oil company Aramco has started trading a U.S. crude oil grade that underpins the global Brent benchmark in a process run by oil-index publisher S&P Global Commodity Insights, the publisher said on Monday. Aramco, the world's largest oil company, has been expanding its trading activity. The company could not immediately be reached for comment on Monday after Saudi business hours. On Monday, Aramco sold a cargo of U.S. WTI Midland crude to Total in the Platts Market on Close process, known as the Platts window, trade sources said. Aramco had last Thursday sold another cargo of the U.S. crude.
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Clean energy could be ‘closer than ever’ after a nuclear fusion machine smashed a record
Commercially viable nuclear fusion is always 20 years, or 30 years, or half a century away, or so aspirational minds tell us. It sometimes seems like a fata morgana, hovering on the horizon, just out of reach. But hopefully that’s where the mirage analogy ends; after all, accomplishments like that recently made by JET are small-but-significant steps towards the hope of a clean energy future.
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