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  • Deputy Crown Prince to Promote Saudi Vision 2030 in Japan, China and at G20
     

    Saudi Deputy Crown Prince, Minister of Defense and head of the influential Council of Economic and Development Affairs, HRH Mohammed bin Salman, plans to visit China August 29-31 and Japan August 31-September 3. Prince Mohammed will then attend the Group of 20 Summit September 4-5 to be held in Hangzhou, China where he will be […]

     
  • John Kerry to Visit Saudi Arabia
     

    U.S. Secretary of State, John Kerry, will travel to Kenya, Nigeria and Saudi Arabia next week as part of a tour that is expected to focus on counter terrorism.  Secretary Kerry is expected to be in Jeddah on Wednesday, August 24th. AFP reports that Secretary Kerry will meet with his counterparts from the six-nation Gulf […]

     
  • Ematah (Removal) Campaign Addresses Saudi Litter
     

    The ‘Crying Indian’ was one of the most iconic images on American television in the 1970s. Produced by the Keep America Beautiful organization it featured Iron Eyes Cody as a Native American distraught over the amount of pollution and litter there was in the United States. Litter was a significant issue in America at the […]

     
  • As Entertainment Industry Develops, A ‘Great Opportunity’ for Cinema Business Awaits in Saudi Arabia
     

    With Deputy Crown Prince Mohammed bin Salman’s recent visit to the United States that included meetings with several top entertainment industry executives in Silicon Valley, it is quite possible that entertainment options in Saudi Arabia could be dramatically greater in a decade. But what will that look like? The Vision 2030 document states that the Kingdom’s leaders “consider culture […]

     
  • U.S. State Department Approves Potential $1.15b Sale of 130 Abrams Battle Tanks, 20 Armored Recovery Vehicles to Saudi Arabia
     

    The U.S. State Department has approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment, worth about $1.15 billion, to Saudi Arabia, the Pentagon said on Tuesday. “The State Department has made a determination approving a possible Foreign Military Sale to the Kingdom of Saudi Arabia for […]

     
  • Gallup Poll on Saudi Attitudes About Economy, Prosperity Sees Hope after Oil, Divide Between Saudis and Expats
     

    A recently released Gallup poll, conducted shortly after the announcement of Vision 2030, found that nearly half of adults (48%) rate their lives well enough to be considered “thriving,” up significantly from 35% a year earlier. Such a large shift in thriving rates in a single year “is rare in any country,” Gallup said. However, there is a sharp […]

     
  • Saudi Presents Investigation into Coalition Bombings in Yemen
     

    An investigative committee examining charges that the Saudi-led coalition fighting against Houthi rebels in Yemen has caused civilian casualties largely defended their actions, Reuters reports. According to the Saudi Press Agency (SPA), the coalition’s investigative committee is independent and composed of representatives from six countries, all members of the Gulf Cooperation Council, in addition to […]

     
  • Reuters Poll: Non-Oil Business Activity Slows in Gulf as Governments Tighten Spending
     

    A recently released Reuters poll of economists finds that non-oil business activity is slowing in the Gulf because of government austerity measures, causing some to revise their economic forecasts down for the region. In 2015, growth in the GCC “began to lose steam as governments reduced spending to limit big budget deficits caused by cheap oil,” […]

     
  • Aramco Names Ibrahim Al Buainain as Chief Executive of Its Trading Arm
     

    Saudi Aramco has named Ibrahim Al-Buainain as chief executive of its trading arm, the company said on Tuesday, as Al-Buainain’s star continues to rise within the ranks of the energy giant. Ibrahim Al-Buainain’s promotion to CEO of Saudi Aramco Trading takes effect this month. In November 2014, Aramco named Al Buainain as head of Saudi […]

     
  • Flare Up on Saudi Border with Yemen as Saudi Shoots Down Missile
     

    The Saudi-led military coalition said Sunday that it shot down a ballistic missile fired at the Kingdom from Yemen, according to reports. The missile targeting the southern city of Najran was intercepted at 9:30 a.m. Saturday, a statement carried on the official Saudi Press Agency says. On the same day, Saudi-led airstrikes hit hideouts of the […]

     

MUST-READS

  • US military strikes two Houthi anti-ship missiles in Yemen

    The U.S. military carried out more strikes in Yemen early on Wednesday, destroying two Houthi anti-ship missiles that were aimed at the Red Sea and were preparing to launch, the U.S. military said in a statement.
    The U.S. strikes, which took place at roughly 2:30 a.m. (2330 GMT), are the latest against the Iran-backed group over its targeting of Red Sea shipping, and followed a larger round of strikes a day earlier.

  • Israel hits Khan Younis amid talks on one-month Gaza truce

    Israel and Hamas have made some progress toward agreement on a 30-day ceasefire in Gaza when Israeli hostages and Palestinian prisoners would be released, sources told Reuters, as Israel pressed ahead with its assault on southern Gaza's main city.
    Qatar, the U.S. and Egypt have for weeks shuttled between Israel and the militant group that runs Gaza trying to broker terms for a break in fighting, which would also allow in more food and medical supplies.

  • Saudi superstar Mishaal Tamer is set to wow crowds in Riyadh

    Mishaal Tamer’s journey took an unexpected turn when he became the first Saudi student at the prestigious Clive Davis Institute of Recorded Music in New York. Using his Xbox and guitar, he started anonymously uploading clips onto the internet, some of which went viral overnight. This digital success caught the attention of major record labels, who eventually signed with him. Brands like Bulgari recognised his talent, featuring him in various campaigns.

  • How to invest in Saudi Arabia stock market – all you need to know

    There are several ways one can invest in the stock markets in the country and increase their wealth over the years of residency – Equities, Sukuk & Bonds, Exchange-Traded Funds (ETFs), Real Estate Investment Trusts (REITs), Close-End Investment Funds (CEFs) and Derivatives.

  • Iran’s ‘brazen’ strikes around the Middle East send a message to Israel and the U.S., analysts say

    “While incitement against Israel is nothing new, its recent launch against ISIS in Syria of a solid-propellant medium-range ballistic missile capable of striking Israel from Iranian territory was a historic first and a message to the Jewish state,” Behnam Ben Taleblu,  senior fellow at the Foundation for Defense of Democracies think tank in Washington D.C.

    “Highlighting military power in the hopes of deterring adversaries has grown in importance for the regime as wars widen across the region.”

  • World’s Most Ambitious Trade Route Stalls in Mideast Turmoil

    The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor — a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice.

    That’s a setback for US strategy, because the plan served multiple purposes – to counter China’s Belt and Road infrastructure program, build influence in the so-called “Global South,” and speed up the hoped-for rapprochement between Israel and Saudi Arabia.

  • Middle East Sector Outlooks Reflect Geopolitical Risk, Oil Assumptions

    The Israel-Hamas war has increased geopolitical risks and set back the previous trend of regional de-escalation, which is reflected in the deteriorating sovereign sector outlook in the Middle East, Fitch Ratings says. The neutral outlooks for other sectors reflect high oil price assumptions and supportive economic conditions.

  • Saudi Arabia emerging as a ‘continent in itself’ with array of tourist destinations, forum hears

    While Saudi Arabia “was, is, and will always be” known for Makkah and Madinah, with billions of Muslims converging in the nation for religious purposes, it is simultaneously evolving as a growing destination site globally, with giga-projects spearheading the Kingdom’s shift, highlighted Mohamad Itani, a partner at Knight Frank.

  • IBM inaugurates regional Saudi headquarters in Riyadh

    Krishna said that the investment in Saudi Arabia reinforces the firm’s longstanding commitment to the Kingdom. IBM first established its presence in Saudi Arabia in 1947, and has since worked on hundreds of projects in the government and private sectors. In recent years, IBM has worked with government, businesses and partners to help enhance the Kingdom’s tech landscape, including the local digital infrastructure, tech ecosystem and Saudi talent.

  • Neom: A guide to the 10 projects in Saudi Arabia’s mega-development

    Ever since The Line hit international headlines, there has been huge interest in this $500 billion city in north-west Saudi Arabia.

    From the world's largest megastructure to the region's first major outdoor skiing destination, there's plenty to look forward to. And there has been a flurry of new communities announced within the past few months.

    Here's a review of all the regions coming up.