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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

  • Blinken meets MBS in Saudi Arabia as U.S. pushes for post-war deal

    During his previous visit to Israel last month, Blinken told Israeli leaders that Saudi Arabia wants to normalize relations with Israel after the Gaza war ends, but it won't agree to any deal if the Israeli government doesn't commit to the principle of a two-state solution.

  • Saudi Arabia discussing potential F-15EX buy, Boeing says

    “We have a number of products in our portfolio that are of interest,” he said at the event on 5 February. The discussions also involved Boeing Defense, Space & Security (BDS) chief executive Ted Colbert. Vince Logsdon, BDS vice-president, international business development, confirms that the F-15EX is “one of the biggest things that we’re talking about right now”.

  • Blinken returns to Mideast in push for hostage deal and postwar plan for Gaza, but obstacles loom

    U.S. Secretary of State Antony Blinken met with Saudi Arabia’s crown prince Monday at the start of his fifth visit to the Middle East since the outbreak of the war in Gaza, hoping to press ahead with a potential cease-fire deal and postwar planning while tamping down regional tensions. But on all three fronts he faces major challenges: Hamas and Israel are publicly at odds over key elements of a potential truce. Israel has dismissed the United States’ calls for a path to a Palestinian state, and Iran’s militant allies in the region have shown little sign of being deterred by U.S. strikes.

  • Fitch Affirms Saudi Arabia at ‘A+’; Outlook Stable

    Saudi Arabia's ratings reflect its strong fiscal and external balance sheets, with government debt/GDP and sovereign net foreign assets (SNFA) considerably stronger than both the 'A' and 'AA' medians, and significant fiscal buffers in the form of deposits and other public sector assets. Oil dependence, low World Bank governance indicators and vulnerability to geopolitical shocks remain relative weaknesses. Nonetheless, governance is improving with social and economic reforms and efforts to bolster effectiveness across government institutions.

  • Lockheed Martin strikes subcontractor deals in Saudi Arabia for local THAAD parts production

    "There are currently only two production lines for these products: the original production line in the US, and now an additional source of supply here in the Kingdom," Lockheed Martin's vice president and general manager of Integrated Air and Missile Defense, Jason Reynolds told Breaking Defense.

  • Saudi defense minister discusses regional developments during call with US counterpart

    Saudi Arabia’s Defense Minister Prince Khalid bin Salman discussed recent regional and international developments with his US counterpart during a phone call on Monday. Prince Khalid and Lloyd Austin reviewed Saudi-US relations and ways to bolster defense cooperation between the two countries. The officials also spoke about the need to de-escalate tensions in the region to achieve security and stability, Prince Khalid said

  • Saudi more than doubles 2030 foreign tourism target: minister

    "We have reached 100 million tourists this year, 77 million from home, 27 million from abroad, over 100 million," Tourism Minister Ahmed Al Khateeb said at a conference organised by Saudi Arabia's sovereign wealth fund, describing the 2023 figures. Authorities now hope to hit 150 million tourists by 2030, up from an earlier goal of 100 million, with 70 million of those coming from abroad, up from an earlier goal of 30 million, he said. Read more: https://www.al-monitor.com/originals/2024/02/saudi-more-doubles-2030-foreign-tourism-target-minister#ixzz8QyFBJdm4

  • Saudi foreign minister, GCC chief discuss Gulf initiatives

    Saudi Foreign Minister Prince Faisal bin Farhan met the Gulf Cooperation Council’s Secretary-General Jassem Mohamed Albudaiwi on Monday, the Saudi Press Agency reported. Discussions focused on collective Gulf initiatives and provided updates on regional and international developments, highlighting the ongoing efforts in these areas. The meeting was also attended by Dr. Abdulrahman Al-Rassi, undersecretary of the Ministry of Foreign Affairs for Multilateral International Affairs.

  • Saudi Arabia Signals a Shift in Oil Strategy

    Saudi Arabia's dilemma is faced by many oil exporters who may want to consider whether setting oil production to full throttle might cause a decline in production flows much sooner than anticipated due to depletion. These exporters in many cases also have growing populations that will demand a greater share of oil crimping exports. This has already caused exports to decline, sometimes rapidly, in a number of oil producing nations. Dallas petroleum geologist Jeffrey Brown outlined this problem long ago in his Export Land Model which has been confirmed over time.

  • Secretary Blinken’s Meeting with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud in Riyadh

    Secretary of State Antony J. Blinken met today with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman Al Saud in Riyadh. The Secretary underscored the importance of addressing humanitarian needs in Gaza and preventing further spread of the conflict. The Secretary and Crown Prince continued discussions on regional coordination to achieve an enduring end to the crisis in Gaza that provides lasting peace and security for Israelis and Palestinians alike. They discussed the importance of building a more integrated and prosperous region and reaffirmed the strategic partnership between the United States and Saudi Arabia. The Secretary and Crown Prince also discussed the urgent need to reduce regional tensions, including a cessation of Houthi attacks undermining both freedom of navigation in the Red Sea and progress on the Yemen peace process.