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  • President Obama to Veto JASTA Bill
     

    White House Press Secretary Josh Earnest said on Monday that U.S. President Barack Obama will veto the controversial Justice Against Sponsors of Terrorism Act (JASTA) passed by congress last week, setting up a showdown with Congress. Earnest reiterated the White House’s fear that the measure would expose U.S. citizens to legal action overseas if foreign countries pass […]

     
  • Hajj 2016 Begins: Millions Gather in Saudi Arabia
     

    An estimated two million pilgrims have converged in Saudi Arabia for the start of the annual Hajj pilgrimage today, lasting until Wednesday, September 13th. The hajj is one of the five pillars of Islam, which capable Muslims must perform at least once, marking the spiritual peak of their lives. Worshippers from more than 150 countries will embark on […]

     
  • U.S. House to Allow Vote on Controversial JASTA Bill This Week
     

    The U.S.  House of Representatives will vote this week on a bill allowing the families of 9/11 victims to sue Saudi Arabia in U.S. courts, a Republican leadership source told Politico Wednesday. The highly-politicized Justice Against Sponsors of Terrorism Act (JASTA) bill, which President Obama said would receive his veto should it make it to […]

     
  • Report: $20 Billion in Projects may be Canceled; Ministerial Budgets Squeezed as Saudis Adapt to Low Oil Prices
     

    A report in Bloomberg today said that Saudi Arabia is considering canceling more than $20 billion of projects in addition to making deep cuts to ministry budgets as the Kingdom takes austerity measures due to low oil prices. The budget cuts to some ministries could be as much as 25%, the Bloomberg report said.  Overall, the government is […]

     
  • Jadwa: Economic Data for July Shows ‘Mixed Picture’ for Saudi Economy
     

    Recently-released Jadwa Investment monthly chartbook data on the Saudi economy for July showed “a mixed picture in economic activity,” the Riyadh-based investment firm said, noting that data on point-of-sale transactions and ATM withdrawals showed a notable slowdown in July, while the non-oil PMI rose to a 2016 high. The Saudi unemployment rate rose slightly to 11.6 […]

     
  • 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 […]

     

MUST-READS

  • Average life expectancy in Saudi Arabia rises to 77.6 years

    In application of the principle of ‘prevention is better than treatment’ and early detection, it is pointed out that more than five million people have been subjected to exploratory obesity screening, including over a million cases of early detection. More than one million people underwent exploratory screening for diabetes, including about 11,000 early detection cases, in addition to about 160,000 women undergoing early breast cancer screening, which resulted in 654 early detection cases. This detection contributes to the treatment of cases discovered in their early stages.

  • BRICS Gets Boost as Saudi Arabia Joins Group of Emerging Nations

    South Africa’s foreign minister said Saudi Arabia and four other countries have accepted the invitation to join the BRICS club of nations that was extended during a summit last year. Minister Naledi Pandor said that Russia, who takes over as chair of the bloc this year from South Africa, has received written interest from 34 countries who want to join. Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates are now full members, she said. “Argentina has written to indicate that they will not act on this successful application by the previous administration to become full members of BRICS and we accept their decision,” Pandor told a press briefing in the capital, Pretoria, on Wednesday.

  • Saudi Arabia’s non-oil sector grew 4.6 percent in 2023

    Saudi Arabia’s oil sector witnessed a substantial decline of 9.2 percent in 2023 which supported its non-oil sector performance. That is directly influenced by the Kingdom’s commitment to cut crude output in alignment with OPEC+ decisions. In April 2023, OPEC+ agreed to reduce oil output by 1.2 million barrels per day. Moreover, Saudi Arabia extended its commitment to oil cuts until December 2024. The Kingdom also implemented an additional output cut of 1 million barrels per day from June to December 2023.

  • World Defense Show 2024: Kalashnikov to unveil new UAV in Riyadh

    The new SKAT 350 M reconnaissance UAS will be unveiled at the World Defense Show in Saudi Arabia next week. The UAV has been based on the design on the Supercam 350 UAS but features improved aerodynamic properties and ground control system. The platforms have been designed and manufactured by Russia’s Kalashnikov Concern JSC. The SKAT 350 M has been designed for aerial surveillance and detection in optical and infrared ranges with improved payload options.

  • IMF Says Saudi Slump Matched Argentina Among Worst G-20 Laggards

    Saudi Arabia’s economy had one of its steepest contractions of the past two decades after reducing oil output to support crude prices, according to the International Monetary Fund, a slump matched only by crisis-stricken Argentina among the Group of 20 nations. Gross domestic product slipped 1.1% last year, the IMF said in the World Economic Outlook on Tuesday, flipping its previous forecast for a small expansion. While expecting the kingdom to return to growth this year and next, its projection for Saudi Arabia saw the biggest downgrade for 2024 after Argentina in the G-20.

  • IMF Raises Saudi Economic Growth Forecast for 2025

    The IMF, on Tuesday, adjusted its growth forecast for Saudi Arabia in 2024, reducing it by 1.3 percentage points to 2.7%. In contrast, the forecast for 2025 was raised to 5.5%, showing an improvement from previous estimates made in October.

  • Princess Reema defends Saudi Arabia’s right to host women’s tennis tournament

    Saudi Arabia's Ambassador to the United States Princess Reema bint Bandar has addressed criticisms leveled against her country's hosting of the Women's Tennis Association Finals. The ambassador's remarks came as a direct response to an opinion piece in The Washington Post, which she described as laden with "outdated stereotypes and western-centric views."

  • Senate’s Permanent Subcommittee says it will continue to pursue inquiry into Saudi PIF

    In July, the Senate’s Permanent Subcommittee on Investigations held two hearings on the potential deal that would combine the Tour, DP World Tour and LIV Golf, which is owned by the PIF, under a new, for-profit entity called PGA Tour Enterprises. On Monday, senators sent a letter to PIF’s governor informing him “the Subcommittee intends to continue to pursue its inquiry [into the potential deal].” The PIF filed a lawsuit in Saudi Arabia, pushing back on subpoenas that were sent by the subcommittee to multiple firms working with the fund, including Boston Consulting Group, McKinsey & Company, M. Klein and Company and Teneo.

  • Saudis Resume US Defense Talks After Pause From Israel-Hamas War

    Discussions took place in the town of Alula in northwestern Saudi Arabia between de-facto ruler Crown Prince Mohammed Bin Salman and US senators earlier this month, said the people, asking not to be identified due to the sensitivity of the matter. On the agenda was a revival of earlier negotiations about a defense pact that would also have included an historic tie-up between Saudi Arabia and Israel, they said.

  • Saudi Arabia’s economy contracts again, dragged by oil cuts

    Saudi Arabia’s fourth-quarter real GDP fell 3.7% year-on-year, according to flash estimates published by the General Authority for Statistics on Wednesday. That’s a smaller drop than the 4.4% year-on-year slide in the third quarter.

    The drop was attributed to a 16.4% decline in oil activities, while non-oil activities and government activities expanded by 4.3% and 3.1%, respectively, year-on-year. For the full year, Saudi Arabia’s economy shrank 0.9%, according to government data.