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  • 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. 

  • Major Gulf markets gain after Israel says it ‘concluded’ Gaza strikes

    Major stock markets in the Gulf rose in early trade on Monday after Israel said it had "concluded" a series of strikes on southern Gaza. The Israeli military said on Monday it had conducted a "series of strikes" on southern Gaza that have now "concluded," days after Israeli Prime Minister Benjamin Netanyahu rejected a ceasefire proposal from Hamas.

  • Saudi energy minister reveals why Aramco cut oil target by 1m bpd

    Saudi Arabia’s minister of energy, Prince Abdulaziz bin Salman Al Saud, revealed Monday why state-oil company Aramco cut its oil output by 1 million barrels per day (bpd) at the end of last month. On Jan. 30, Aramco, the world's biggest corporate crude producer, announced that the Energy Ministry had ordered it to halt its oil expansion plan and set a minimum sustained production capacity of 12 million bpd, 1 million bpd below its target announced in 2020 to be reached in 2027.

  • Saudi Arabia Sends $250 Million to Prop Up Yemeni Government

    Saudi Arabia said Sunday it had disbursed $250 million in aid to the internationally recognized government in Yemen, which the Gulf kingdom has backed in a war against Houthi rebels. The money follows an initial payment of the same amount announced in August, when Riyadh committed to provide $1.2 billion to ease the government's budget deficit and pay civil servants salaries. "The second batch of the grant to support addressing the budget deficit for the Yemeni government was transferred to the Central Bank of Yemen in Aden, amounting to $250 million to support salaries, wages and expenses," Mohammed al-Jaber, the Saudi ambassador to Yemen, said on social media.

  • With over half the seats counted, Imran Khan’s supporters lead in Pakistan polls

    Independents backed by jailed former Prime Minister Imran Khan won the most seats in Pakistan's election on Friday after results from over half the constituencies were announced, leaving political parties trailing. Almost 24 hours have passed since the close of polls and the results have been unusually delayed, which the government ascribed to the suspension of mobile phone services - a security measure ahead of Thursday's election.

  • Netanyahu’s delusional, deadly quest for ‘total victory’

    The United States’ top diplomat returned home from his fifth wartime trip to the Middle East with a virtual slap in the face from Israel’s leader. After conducting a diplomatic blitz through Arab capitals, Secretary of State Antony Blinken took a new set of proposals outlining a possible truce between Israel and Hamas and the release of Israeli hostages in Gaza to Tel Aviv.