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  • Saudi Arabia, Russia Ties Under Strain Over Oil-Production Cuts

    Tensions are rising between Saudi Arabia and Russia as Moscow keeps pumping huge volumes of cheaper crude into the market that is undermining Riyadh’s efforts to bolster energy prices, people familiar with the matter say. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, has expressed its anger to Russia for not following through fully on its pledge to throttle production in response to Western sanctions, the people said.

  • Cruise Saudi sets sail for $200m tourism windfall

    Cruise Saudi estimates it will contribute $200 million in revenues to the kingdom by 2035, as the Public Investment Fund-owned company develops ports for cruise passengers. In a video interview with AGBI its chief asset development and port operations officer Miguel Reyna said: “On average, when a ship comes to the port, 35 percent of the guests go on tours. Our hope is that 70-80 percent of the passengers will go.” Launched in 2021, Cruise Saudi’s business model revolves around positioning Jeddah as a global cruise port destination.

  • Spain trade losses mount as dispute with Algeria drags out

    Since the breakdown in relations between Spain and Algeria in June 2022, all trade between the two countries has virtually stopped, except for gas and oil. Algeria imposed sanctions in the wake of Spain's change of position on Western Sahara, resulting in Spanish exports to Algeria declining by more than 80 percent, according to data analysed by Middle East Eye. The latest data from the Spanish Ministry of Tourism, Industry and Trade shows that from June 2022 - when Algeria imposed trade sanctions on Spain - to March 2023, Madrid exported a paltry $213m worth of goods.

  • The only chemistry that matters for a sustainable future

    We at SABIC, the largest petrochemical company in the Middle East, are honored to join   with others in our industry to address four priority focus areas where we can drive action on finding needed solutions for the future – AI, healthcare, sustainability, and education. We are also excited to continue to share our vision for the future, and to demonstrate how our range of products and services are not just changing things in our industry, but for the global community. There are a few notable examples of our work to highlight in these areas.

  • Iran Gained Little From Deal With Saudi, Ex-Diplomat Says

    In essence, by promising to tone down its regional policies, the Islamic Republic did what former US President Donald Trump wanted from Tehran in 2018 when he withdrew from the JCPOA nuclear agreement, putting forth 12 conditions, Delfi argued.

  • Saudi Arabia creates tourism prosecution units in all airports

    The new prosecution aims to complete the procedures of tourists' and visitors’ cases within a short time, in accordance with the system and the principles of successful justice, and in line with the tourism goals. The tourism prosecution will be directly linked to the Public Prosecutor and takes all legal procedures and measures and disposes of the cases in accordance with the system and will operate around the clock to ensure that tourists enjoy their rights and guarantees assigned to them.

  • What retailers should know about Saudi Arabian luxury consumers

    In 2022, Saudi Arabia's fashion market was worth over €2 billion (~$2.15 billion), and only continues to grow as brands like Prada and Tiffany’s expand their presence with mono-brand outlets in the country.

  • Royal wedding fever in Saudi Arabia before Prince Hussein’s marriage to Rajwa Al Saif

    Saudi citizens and Jordanian residents in the kingdom alike are looking forward to the June 1 wedding of Jordan's Crown Prince Hussein bin Abdullah and Rajwa Al Saif. Jordanians in Saudi Arabia have said they will be following the wedding closely, as they look on with pride from abroad. “I am with and support Prince Hussein choosing to marry a girl from Saudi as we are brother countries,” said Sahar Aref Mufleh, a Jordanian fitness expert in Jeddah.

  • Royal wedding fever in Saudi Arabia before Prince Hussein’s marriage to Rajwa Al Saif

    Saudi citizens and Jordanian residents in the kingdom alike are looking forward to the June 1 wedding of Jordan's Crown Prince Hussein bin Abdullah and Rajwa Al Saif. Jordanians in Saudi Arabia have said they will be following the wedding closely, as they look on with pride from abroad. “I am with and support Prince Hussein choosing to marry a girl from Saudi as we are brother countries,” said Sahar Aref Mufleh, a Jordanian fitness expert in Jeddah.

  • Saudis take to mountains to become guides: Video

    If you ever go hiking in Saudi Arabia, these may be your guides They’re hoping to become certified guides, as hiking surges in popularity here The training is led by the Saudi Climbing and Hiking Federation