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  • Fahad Nazer: ‘ISIS Will Fail in Saudi Arabia’
     

    After two bombings hit two soft targets in Saudi Arabia, the self-described Islamic State, or Daesh, has its sights set on Saudi Arabia, but the extremist group is unlikely to succeed in the Kingdom, writes Gulf expert Fahad Nazer. Nazer, a Saudi writer based in the United States whose contributions are featured on CNN, Washington […]

     
  • Is it Crunch Time for Saudi Arabia’s Yemen Operation?
     

    In an in-depth analysis in Reuters, Angus McDowall writes that following Saudi Arabia and the GCC’s lack of success in significantly tipping the scales in Yemen with airstrikes, the limited options for Saudi Arabia’s leadership in the war-torn country come with high risks. With the possibility of a ground operation apparently ruled out, “Riyadh may soon […]

     
  • NCB: Saudi real GDP to grow 3.4 percent in 2015
     

    Saudi Arabia will face “a moderate business cycle during 2015 and 2016, growing around 3% in real terms,” Saudi Arabia’s National Commercial Bank (NCB) finds in a recently released study.  The study, entitled “Saudi Economic Perspectives 2015-2016” with the theme of “Tackling Challenges on Solid Ground,” finds less contribution from the oil sector and moderation in […]

     
  • U.S. Chamber of Commerce, Saudi Committee for International Trade to Host Private Roundtable Luncheon with Visiting Shura Council Members in Washington
     

    This week, members of Saudi Arabia’s Shura Council will attend a private roundtable luncheon at the Washington Headquarters of the U.S. Chamber of Commerce as part of the delegation’s outreach to the U.S. business community. Organized by the U.S. Chamber of Commerce, the Committee for International Trade (CIT) of the Council of Saudi Chambers, and […]

     
  • Level of Turmoil in Middle East at ‘Highest Point in 50 years’, Gulf Expert Writes in Politico Magazine
     

    Gary Sick, a well-known and respected Gulf expert writes in an in-depth piece for Politico Magazine that the turmoil in the Middle East is at the highest point in 50 years, and that Saudi Arabia is dramatically increasing its efforts to slow the spread of Iranian influence across the region. Dr. Sick, a Columbia professor […]

     
  • In Washington, A Saudi and an Israeli Share a Stage – and a Common Enemy
     

    Anwar Eshki, a retired major general in the Saudi armed forces, and Dore Gold, a former Ambassador and close to Israeli PM Netanyahu, shared a stage at the Council on Foreign Relations in Washington yesterday as the two countries revealed a series of bi-lateral talks that have occurred for the purpose of thwarting a common […]

     
  • Cash Reward Offered for Wanted Men Connected to Mosque Bombings
     

    Saudi Arabia’s government offered a $1.3m cash reward for men connected to bombings at mosques in the past two weeks, saying that “[a]nyone dealing with the wanted men will be held accountable,” according to Reuters and information posted by the Ministry of Interior and the Saudi Press Agency. The self-described Islamic State, or Daesh, claimed […]

     
  • IHS Jane’s: Saudi Spending on Military to Increase by 27% over 5 Years
     

    Defense consultancy IHS Jane’s says Saudi defense spending will be $48.7bn in 2015, a 2 per cent contraction over last year but will reach $62bn by 2020. Craig Caffrey, IHS principal defence budget analyst, said “We certainly expect a significant slowdown in the short term but longer term prospects remain strong,” The Financial Times (paywall)  reports. “ “The Kingdom has […]

     
  • Jadwa Investment June 2015 Saudi Chartbook: Strong Dollar and Low Oil Prices Affect Economy, But Non-Oil Exports See Uptick
     

    Jadwa Investment’s June 2015 Saudi Chartbook, a detailed look at key economic performance data for the Kingdom’s economy, finds negative net monthly change to government accounts, slowing bank credit to the private sector reaching year-on-year growth is at its lowest in four years, and falling bank deposits. However, following seven months of slowdown, inflation remained unchanged for April […]

     
  • The Open Air Art of Jeddah, Saudi Arabia
     

    The British newspaper The Guardian profiles a new book that examines the open-air artworks created by world-famous artists in the 1970s in Jeddah, Saudi Arabia, and the city’s recent push to restore and feature them. “From Joan Miró to Jean Arp and Henry Moore, the Saudi city was a magnet for big names in art […]

     

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