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  • 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 […]

     
  • Is Saudi Arabia’s Economy Turning the Corner?
     

    Saudi Arabia’s non-oil private sector may be showing signs of stabilization after roughly two years of uncertainty and significant economic policy changes, according to new data. A recently published Saudi Arabia PMI by Emirates NBD shows growth in Saudi Arabia’s non-oil private sector accelerated to an eight-month high in July. “July’s survey is encouraging as it suggests […]

     
  • Jadwa Saudi Chartbook for August 2016: Signs of ‘Resilience’ in Saudi Economic Activity
     

    Jadwa Investment’s Saudi Chartbook for the month of August found points of “resilience” in economic activity, according to chief economist and head of research Fahad Al-Turki. “June data showed resilience in economic activity. Data on point-of-sale transactions and ATM withdrawals came out strong, while the non-oil PMI continued to reflect an expanding non-oil economy,” Jadwa said. Data on […]

     
  • $6.9 billion in Tourist Projects Approved under Saudi NTP
     

    Saudi Arabia approved more than SR26 billion ($6.9 billion) of tourism projects under the Kingdom’s National Transformation Program (NTP) on Sunday, according to reports. The funding will go to existing development projects in the pipeline as well as new efforts to preserve Saudi Arabia’s heritage sites, of which many are seen as underdeveloped and inadequately protected. Previously, […]

     
  • 11 Saudi Citizens Including 7 Soldiers Die on Border with Yemen ahead of Next Round of Peace Talks
     

    Four people were killed and three wounded in Saudi Arabia when a shell fired from inside Yemen exploded in a town close to the border, Saudi Civil Defense said on Monday. The announcement followed news that seven Saudi soldiers and dozens of Houthi fighters were killed in heavy fighting on the border with Yemen on […]

     
  • Fahad Nazer: ‘What I learned from attending a round table with the Foreign Minister of Saudi Arabia’
     

    Last month, Foreign Minister Adel Al-Jubeir hosted a private round table discussion at the Embassy of Saudi Arabia in Washington with a very small group of Washington-based political analysts and Middle East scholars. Fahad Nazer, Senior Political Analyst at JTG Inc., shared his reaction from the meeting on JTG’s blog. “In this small, less formal setting, […]

     
  • 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 […]

     
  • U.S. Warns Of ‘Potential, Imminent Threat’ Against Americans In Jeddah
     

    The U.S. Embassy in Saudi Arabia posted a notice to its website yesterday warning of “potential, imminent threat against U.S. citizens in areas of Jeddah frequented by Westerners, such as markets, restaurants, and shopping malls, among others.” State Department spokesman John Kirby told reporters in Washington that the notice is “a security message, not a […]

     

MUST-READS

  • Saudi Arabia pushes soft power by launching new teamLab digital art museum in Jeddah

    The Japanese multimedia collective teamLab will launch a new digital art museum in Jeddah, Saudi Arabia, by 2023 called teamLab Borderless Jeddah. The Tokyo-based technology group, known for producing crowdpleasing immersive experiences awash with virtual waterfalls and flowers, has entered into a ten-year agreement with the Saudi Ministry of Culture to develop works for the planned museum.

  • Joe Biden: There’s a smarter way to be tough on Iran (opinion) – CNN

    This past month has proven that Trump's Iran policy is a dangerous failure. At the United Nations, Trump could not rally a single one of America's closest allies to extend the UN arms embargo on Iran.

  • Saudi Arabia starts final phase of its mills privatisation

    Saudi Arabia’s state grain buyer SAGO said on Sunday the second and final stage of the bidding process for its mills had started. The kingdom is selling its entire flour milling business, in a long-awaited privatisation that marks one of the first sales of the country’s state-owned assets. The sales are part of broader plans to overhaul the economy.

  • U.S. and RSAF maintenance strengthen partnership

    “With billions of dollars of USAF, RSAF and other joint and coalition aircraft on the line, any added layers of FOD protection is significant,” said Issitt. “This is just one example of two units coming together towards a common goal of ensuring the mission is successful.”

  • As Egypt’s tourist sites reopen, archaeologists unearth 13 mysterious mummies

    Egypt has uncovered a mysterious collection of coffins thought to contain human mummies that have been sealed inside for more than 2,500 years. The 13 unopened coffins, which were found piled on top of each other in a well nearly 40 feet (12 meters) deep are so well preserved that the original detailed designs and colors are clearly visible, according to Egypt's Ministry of Tourism and Antiquities.

  • Saudi Arabia chases UK tech firms to partner on $500bn Neom City

    Saudi Arabia has called on UK companies to partner and invest in its multi-billion dollar smart cities as part of the kingdom’s transformation drive. “The drive behind all these opportunities is that smart cities will help Saudi Arabia,” Moath Alzahrani, smart cities domain lead at the kingdom’s National Digital Transformation Unit told delegates at London’s Tech Week event.

  • Hundreds of Schools in Yemen Attacked by Warring Parties

    Eight-year-old Mazen Mohia Aldeen likes science class, and he wanted to grow up to be an engineer. But now he is considering dropping out of school. It has become too scary. His fears began in 2017, when an airstrike hit a schoolhouse in his neighborhood. He was also in school and everyone screamed, Aldeen said. He later saw reports on social media of 13 dead and more than 80 injuries. Mazen Mohia Aldeen, 8, says he will drop out of school if another airstrike hits a school in his neighborhood, pictured on Aug. 25, 2020, in Sanaa, Yemen. (VOA)

  • Saudi Angel Investor Falak to seed $1.33 million in 10 startups

    Saudi Arabia-based angel accelerator Falak Investment Hub is planning to invest SAR5 million in up to 10 tech startups selected to participate in its three-month accelerator programme. Falak’s programme will focus primarily on management and strategy, marketing and growth hacking, finance and accounting, and legal and intellectual property.

  • Saudi Arabia to hold national finals of world’s biggest start-up pitch competition

    Start-ups from Saudi Arabia will this week compete in the national finals of the Entrepreneurship World Cup (EWC) 2020, the world's biggest pitch competition for entrepreneurs, as they vie to win six cash prizes of $50,000 (Dh183,625) and a place in the Misk Global Forum finals. The event, which will be held virtually on September 7 due to the Covid-19 pandemic, will see 15 of the kingdom's most promising start-ups give three-minute pitches, followed by two minutes of judges’ questions.

  • Wheat Rivalry Heats Up as Ukraine Starts Sales to Saudi Arabia

    Ukraine joined Russia in starting wheat sales to Saudi Arabia, giving European Union exporters another rival in one of their top markets.