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  • Saudi Foreign Minister Prince Saud Al-Faisal Remarks to the Global Counterterrorism Forum in New York
     

    [Press Release] Saudi Foreign Minister Prince Saud Al-Faisal addressed the Global Counterterrorism Forum yesterday in New York to discuss international efforts toward combatting global terrorism. During his remarks, Prince Saud stated, “Faced with such serious realities, we are required today to initiate polices and take fateful and resolute decisions to confront this vicious attack with full force and determination, and to act seriously […]

     
  • Marking Saudi National Day Celebration, U.S. Ambassador to the Kingdom Congratulates Saudis on Modernization
     

    The Kingdom of Saudi Arabia marks its 84th National Day today, a celebrating 84 years as a unified Kingdom and marking the anniversary of the formation of Saudi Arabia by the late King Abdulaziz. Establishments across Saudi Arabia’s cities were turning green in celebration and local municipalities were preparing events for Saudi citizens today, Arab News reports. […]

     
  • NCB’s October 19th IPO May be 2014’s Second Largest Behind Alibaba
     

    Saudi Arabia’s National Commercial Bank is set to issue an IPO in October that might raise as much as 16 billion riyals ($4.3 billion), which would be the second largest of 2014 behind China’s Alibaba Group Holding Ltd., Bloomberg’s Matthew Martin reports.  The IPO will list 300 million shares totaling 15% of the lender’s share capital, with an additional 200 million shares, […]

     
  • Long Taboo, Cinema to Return to the Kingdom of Saudi Arabia
     

    Saudi Arabia will relax its ban on cinema and film-related activities in the Kingdom, according to reports. The change didn’t come with an announcement, but rather, with an adjustment to a feature on the Ministry of Labor’s web portal for entrepreneurs, according to Arab News. Information on how to register for cinema licenses is now […]

     
  • SAGIA in Transition
     

    The Saudi Arabian General Investment Authority (SAGIA) was established in 2000 to be a major driver in the Kingdom’s efforts to liberalize its economy.  It has certainly fulfilled that role and over the last 14 years SAGIA has been a chief strategist, leading promoter and the administrative front office for the Kingdom’s business as Saudi […]

     
  • Fahad Nazer in ‘Foreign Affairs’: Renewing Vows With Saudi Arabia
     

    The U.S. and Saudi Arabia “are ready to let bygones be bygones” as the two nations seek to coordinate in their efforts to fight the Islamic State, but “much will depend on the Obama administration’s ability to articulate a clear long-term strategy for the Middle East — and specifically for the two countries where ISIS […]

     
  • KAFD: Saudi Arabia’s ‘City Within a City’ Slated for Soft Opening as Kingdom Gears Up To Be Financial Hub of the Gulf
     

    A date has been set for a “soft opening” of Saudi Arabia’s King Abdullah Financial District, a mega project in Saudi Arabia’s capital city that has been under construction for years. Situated on the outskirts of Riyadh, the new development bears the name of a King who has steered a nation through a period of […]

     
  • SUSRIS: The Emergence of the GCC+4 Against ISIS
     

    SUSRIS.com shares an assessment of the surge in recent diplomatic activity from Gulf expert Theodore Karasik, Director of Research and Development at the Institute for Near East and Gulf Military Analysis (INEGMA) in Dubai.  “A day before the meeting in Jeddah, Saudi Arabia agreed to an American request to provide a base to train moderate […]

     
  • Female Saudi Student Abroad: ‘I can confidently claim that being able to drive has transformed my daily life’
     

    In an op-ed published by the Riyadh-based english daily Arab News, PhD student Hatoon Kadi writes that being able to drive while abroad in the U.K. “has transformed my daily life.” The post, entitled “Memoirs of a Saudi Ph.D. student: Convenience of owning a car,” was published in Monday’s edition of the newspaper. It is the latest […]

     
  • Arab States Offer Willingness to Conduct Air Strikes on Islamic State as CENTCOM Chief Visits Riyadh
     

    The U.S. has received offers from “several” Gulf allies to aid in airstrikes against the Islamic State, according to the New York Times and several other news outlets as US CENTCOM chief Lloyd James Austin III met with Crown Prince Salman in Riyadh today.  Following President Obama’s announcement that he would drastically increase strikes against Islamic State positions in Iraq, Secretary of […]

     

MUST-READS

  • Israel fails to meet US aid demands to ease Gaza catastrophe, aid groups say

    International aid groups said that Israel had failed to meet a series of U.S. demands intended to improve the humanitarian crisis in Gaza by a Tuesday deadline. The United States told its ally Israel in a letter on Oct. 13 that it must take steps to improve the aid situation in war-ravaged Gaza within 30 days. If not, it could face potential restrictions on U.S. military aid.
    "Israel not only failed to meet the U.S. criteria

  • COP29 Azerbaijan: ‘The world must pay up’, UN’s Guterres says

    U.S. President-elect Donald Trump said on Monday he will appoint Republican former Congressman Lee Zeldin to head the Environmental Protection Agency. Zeldin often voted against legislation on green issues including a measure to stop oil companies from price gouging, "He will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet," Trump said in a post on his social media platform Truth Social.

  • What a Donald Trump Victory Means for the Middle East

    Expectations that Trump’s second term will see him renewing pressure on Iran over its nuclear program, push for an end to regional conflicts and Russia’s invasion of Ukraine will be welcomed in Gulf capitals. Trump's already indicated that one of his priorities would be to expand the Abraham Accords to include normalization of relations between Israel and Saudi Arabia. His transactional approach to foreign policy, the return of familiar faces from his previous administration, and expectations that pressure over human rights will come to an end will also be well received. But in other areas, the new administration's goals may clash with the interests of Gulf rulers. Plans for American 'energy dominance' could weigh on oil prices at a time when OPEC members are already constraining supply and losing market share.

  • Saudi Arabia Needs to Build 115,000 Homes A Year to Hit Demand

    Saudi Arabia will need to build 115,000 homes each year for the next six years to fulfill demand from a young population and hit ownership targets set by the oil-rich nation’s government, according to Knight Frank LLP. The kingdom’s government wants homeownership to reach 70% by 2030 from 63.7% at the end of 2023. The Saudi government’s target along with new household formation are helping drive much of the demand in a country where 45% of citizens are below 20 years old, according to the report. The kingdom’s Sakani program, which includes social housing, has 883,562 applications from people looking to buy homes with financing help through guarantees on mortgages below 520,000 riyals ($138,448). The kingdom’s population grew in Saudi at 1.8% annually compared with a global rate of 1.1% between 2010 and 2002, according to the World Bank.

  • Arab, Muslim leaders meet in Saudi Arabia for talks on Gaza, Lebanon wars

    The summit builds on the earlier Arab-Islamic summit held in Riyadh on Nov. 11, 2023, following the directives of King Salman and complementing the efforts of Crown Prince Mohammed bin Salman to address the dangerous and unprecedented developments in Gaza and the rest of Palestine. The foreign ministers of Saudi Arabia, Jordan, Egypt, Qatar, Turkiye, Indonesia, Nigeria, and Palestine, along with the secretaries-general of the Arab League and the Organization of Islamic Cooperation, aim to initiate immediate international action to halt the war on Gaza and achieve a lasting, comprehensive peace.

  • US charges Iranian man in plot to kill Donald Trump

    The United States charged an Iranian man on Friday in connection with an alleged plot ordered by Iran's elite Revolutionary Guards Corps to assassinate President-elect Donald Trump, the Department of Justice said. Farhad Shakeri informed law enforcement "that he was tasked on October 7, 2024, with providing a plan to kill" Trump, the department said in a statement. It said Shakeri told law enforcement he did not intend to formulate such a plan within the time frame directed by the IRGC.

  • ‘Change the Game’: Saudi Arabia Takes a Stride Into Women’s Tennis

    Moving into tennis, Saudi Arabia recently hosted the Six Kings Slam, an exhibition showcasing the top men’s players. And it struck a three-year deal with the financially struggling WTA to bring its finals to Riyadh in part with the promise of awarding some $15 million in prize money this year. Those are the highest winnings in the history of women’s tennis, satisfying players’ demands for prize parity with men. “The Western world can keep reporting that our country is sportswashing, or whatever, but what matters is that my sisters and I can watch our favorite sports stars right here at home,” said Maryam al-Shammeri, who was in the crowd for the WTA final on Saturday night with her brother and two sisters.

  • Preserving the Past, Building the Future: Saudi Arabia’s cultural heritage and business synergy

    In the Quality of Life Program 2023 annual report, Saudi Crown Prince Mohammed bin Salman said that the Kingdom is striving to cultivate a deep sense of pride in the nation and actively contribute to global development and progress, across economic, environmental, cultural, and intellectual dimensions. The report further revealed that in 2023, the Ministry of Culture targeted 108,010 employees in the Saudi cultural sector, but recorded 216,878 workers during the year, reflecting an achievement rate of 201 percent.

  • Saudi armed forces chief of staff in Iran for talks with officials

    The chief of staff of Saudi Arabia's armed forces, Fayyad al-Ruwaili, visited Tehran on Sunday to meet with his Iranian counterpart and discuss defence ties, state media reported the Iranian Armed Forces General Staff as saying. The visit follows the election of Donald Trump, who will take office for a second term as U.S. President in January, and who has promised to bring peace to the Middle East.

  • Iran’s president hails Saudi Arabia’s summit initiative in call with crown prince

    Saudi Crown Prince and Prime Minister Mohammed bin Salman received on Sunday a phone call from Iran’s President Dr. Masoud Pezeshkian. During the call, the Iranian leader praised Saudi Arabia’s initiative to convene a joint Arab-Islamic follow-up summit to discuss the ongoing Israeli aggression on the Palestinian and Lebanese territories. He wished the summit a great success. The two leaders also reviewed the improvement of relations between the two countries and ways to further enhance them, the Saudi Press Agency reported.