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Secretary Kerry Meets with Saudi Leaders in Jeddah Ahead of Crucial Syria Talks
Secretary of State John Kerry travelled to Jeddah, Saudi Arabia to meet with Saudi Arabia’s King Salman and other Saudi officials ahead of critical talks on Syria, according to reports. The Secretary, who also met with Crown Prince Mohammed bin Naif and Foreign Minister Adel Al-Jubeir, “discussed a range of regional issues – Yemen, Libya, […]
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Difficult Times for the Saudi Binladin Group
The Saudi Binladin Group (SBG) is facing its toughest challenges in the construction giant’s 85 years of operation as tightened government spending and a 8-month restriction on new projects in the pipeline has undermined the company’s finances. Saudi Binladen has announced a reduction in jobs totaling 77,000, or about one-third of its total workforce. “The […]
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The 5 Major Changes Saudi Arabia’s Capital Markets Authority Made to Increase Foreign Investment in the Saudi Stock Market
Saudi Arabia’s Capital Markets Authority (CMA) has significantly lowered the barriers to entering the Saudi stock market as a foreign investor and increased the amount which a foreigner may own of a Saudi company, the bourse announced in a release today. “These rules were implemented with the aim of raising the bar in relation to investing […]
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Commentary: Saudi Arabia’s Vision 2030, Don’t Miss the Point
While Saudi Arabia’s Vision 2030 was formally endorsed by the Saudi Council of Ministers and published on April 25, 2016, anticipation about the plan had been building for months. McKinsey & Company’s 165-page Moving Saudi Arabia’s Economy Beyond Oil in December 2015 confirmed the depth of the analysis underway within the Saudi government while Deputy […]
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Deputy Crown Prince Mohammed bin Salman Opens Up on Personal History; ‘Vision for the Kingdom of Saudi Arabia’
In his second exclusive and wide-ranging interview with Bloomberg, Saudi Arabia’s deputy crown prince, chair of the Council of Economic and Development Affairs (CEDA), and minister of defense opened up on his rise to power, his initial struggles and ultimate acceptance under the late King Abdullah, and his fondness for Winston Churchill and Sun Tzu’s The […]
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As President Obama Heads to Saudi Arabia, Economic Cooperation and Enhanced Bi-Lateral Security Will be on Agenda
As President Obama heads to Saudi Arabia next week to meet with HRH King Salman and attend a GCC summit, familiar topics as well as new issues will be on the agenda for the President’s 3rd official visit to Saudi Arabia and second meeting with King Salman since September. Along with long-standing regional and security concerns that require U.S.-Saudi […]
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In Egypt, Saudi Arabia’s King Salman Reaffirms Commitment to Bi-Lateral Ties
In what is being hailed as a landmark visit, Saudi Arabia’s King Salman arrived in Egypt to re-affirm Saudi-Egyptian ties and engage a critical regional ally on key foreign policy concerns. King Salman, who was also accompanied by Deputy Crown Prince Mohammed bin Salman and dozens of Saudi officials and leaders, including 14 ministers, was received […]
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Crown Prince Mohammed bin Naif Joins Twitter
Following the lead of King Salman and other top Saudi government officials, Saudi Arabia’s Crown Prince has joined the social microblogging website Twitter using the handle @M_Naif_Alsaud. The Crown Prince chairs the Council of Political and Security Affairs (CPSA) and is Minister of Interior of Saudi Arabia. His first tweet, sent on April 5, 2016 […]
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Saudi Arabia was world’s third largest military spender in 2015, surpassing Russia
Saudi Arabia surpassed Russia in military spending for 2015 to be the world’s third largest spender on defense, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The United States retained its top position globally in total military spending in 2015, accounting for almost one-third of all military spending globally. The […]
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Saudi Arabia taking ‘unprecedented hands-on role in housing finance and development’
Saudi Arabia’s housing minister Majed al-Hogail gave an interview with Bloomberg last week in which he discussed the government’s plans to create its own development company and start a mortgage-guarantee fund to encourage banks to increase lending for Saudis. “‘We are looking to improve the productivity of the local developers’ but also trying to attract international […]
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Saudi influencer highlights Kingdom’s cultural heritage by showcasing beverages
The diversity of Saudi beverages came from the geographical and cultural variations of each region, and the social aspect of preparing and sharing drinks helped visitors and tourists to understand the nation’s history, Al-Issa said.
“Saudis, despite their simple life in the desert, countryside, or distant villages, are always keen to provide hospitality services with all authentic aspects and methods. Coffee is our culture and a great pride to hold onto,” he added. Al-Issa noted that Saudi coffee had become a focal point of local hospitality and traditions, highlighting the culture and identity of regions. -
Saudi Vice Foreign Minister Meets with Spanish State Secretary for Foreign and Global Affairs
Saudi Vice Minister of Foreign Affairs Eng. Waleed El-Khereiji met here today with Spanish State Secretary for Foreign and Global Affairs Diego Martínez Belío, on the sidelines of the UN Security Council open debate on the "Situation in the Middle East". The two officials discussed bilateral relations and ways to further develop them, and other issues of common concern.
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3 major Saudi hotels to open in 2024
Inspired by the nation’s rampant tourism boom, Saudi Arabia is gearing up for another important year in hospitality with the spotlight focused a new array of versatile hotel unveilings set in 2024. Take a look at the big names due to open in the Kingdom in 2024.
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Saudi’s Neom announces Zardun eco-tourism resort
Another resort, this time named Zardun, has been announced by Neom – northwest Saudi Arabia‘s $500 billion tourism destination. Zardun is described as a luxury eco-tourism resort. It overlooks the waters of the Gulf of Aqaba and is designed “to redefine luxury within an environmental context”, Neom said in a press release. Zardun will have three boutique hotels, offering a total of 100 rooms and suites. Each hotel will have a different theme. It will also contain a state-of-the-art experience centre with a 360-degree observation deck.
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Salman Khan shares epic group photograph from Saudi Arabia’s Joy Awards, poses with John Cena, Anthony Hopkins and Alia Bhatt
Salman’s fans are going gaga over the post. A user wrote, “Wow !! JOHN CENA AND SALMAN KHAN IN SAME FRAME ❤️,” while another fan wrote, “@beingsalmankhan one of the greatest actors in cinema history. I feel proud to be in a world with Salman Khan in it ❤.”
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Saudi Drift Championship
Drag racing is a type of motor racing in which automobiles or motorcycles compete, usually two at a time, to be first to cross a set finish line. The race follows a short, straight course from a standing start over a measured distance, most commonly 1⁄4 mi
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Saudi Arabia calls for separate Palestinian state, rejects Israeli self-defense claim
Saudi Arabia calls for the creation of an independent Palestinian state to protect the rights of the Palestinian people, the Kingdom’s deputy foreign minister said during the United Nations Security Council debate as he urged the council to take a firm stance against Israeli military occupation in the region. According to reports from the official Saudi Press Agency (SPA), Saudi’s Vice Foreign Minister Waleed el-Khereji on Wednesday condemned the forced displacement of Palestinians and rejected Israel’s statements of self-defense as an excuse to continuously bomb Gaza, leading to mass displacement in the besieged enclave.
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International firms rush for local licences as Saudi Arabia amends Code of Law Practice
The changes, which were first published in June and came into effect in December, require foreign law firms to obtain their own licence to operate as a branch office or as a joint venture with local lawyers, with the latter needing to own at least 25 per cent of the partnership.
Additionally, two partners from the law firm must live in Saudi Arabia for a minimum of 180 days a year, while 50 per cent of the firm’s lawyers in the country must be Saudi nationals. -
Luxury Ecotourism In Saudi Arabia Takes A Major Step Forward With Zardun
Overlooking the crystalline waters of the Gulf of Aqaba, Zardun is a nature-based resort that will host four ultra-luxury signature buildings, all of which will merge harmoniously with the surrounding landscape. Intended to redefine luxury within an environmental context, Zardun aims to offer the ultimate premium ecotourism experience for discerning guests. Covering an impressive four square kilometers, Zardun will be a carefully restored haven filled with native plants and animals. Stretching down from the mountains to the seashore, its breathtaking beauty will be experienced on arrival by visitors at its state-of-the-art experience center, which includes a 360-degree observation deck.
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The US and Iran are dangerously close to confrontation in the Middle East. Here’s where they both operate
So far, the US and Iran have avoided directly confronting each other. The US has attacked Iranian-backed groups in Yemen, Syria and Iraq, while Iran-linked groups have targeted American personnel in Iraq and Syria. Tehran has also struck what it said were anti-Iran groups in Iraq, Syria and Pakistan. Pakistan responded with retaliatory strikes.
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