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  • What Islamic Advertising in Saudi Arabia Looks Like
     

    This image of McDonald’s famous Golden Arches — the ne plus ultra of a Western brand — looks jarring in Arabic script. But in the Middle East and parts of Asia, that’s McDonald’s all-American brand.

     
  • Saudis Back Syria Rebels, Mindful of Past
     

    Overcome by the suffering of civilians in warring Syria, a professor in Saudi Arabia’s capital strips off his watch on live television to give as aid. A Saudi bride on her wedding night offers up her entire dowry of $13,000. Parents bring their children to donation centers set up around the Saudi kingdom, watching proudly […]

     
  • Seasonality and the Saudi Stock Market
     

    A recently released note by Jadwa Investment discusses the effect that seasonal trends have on the Saudi economy, noting that while all economies have seasonal trends, “for Saudi Arabia these trends are more pronounced than for most other global economies…The slowdown in activity in the third quarter due to the long hot summer is a key driver […]

     
  • Saudi construction sector to gather steam in H2 2012
     

    The Saudi construction sector will further gather steam in the second half of 2012, the National Commercial Bank “Construction Contracts Index” for the second quarter of this year released Saturday indicated. NCB Construction Contracts Index reached 309.12 points by the end of the second quarter of 2012, with the total value of awarded contracts reaching […]

     
  • Saudi Athletes in London
     

    London 2012 was historic for both Saudi Arabia and the Olympic games. Saudi Arabia sent its first female athletes ever to the Olympics, completing a strong talking point for the games’ organizers: London 2012 was the first time every country competing in the Olympics sent at least one woman. Sarah Attar (800m) and Wojdan Shahrkhani (Judo) […]

     
  • Saudi success in show jumping underscores shift in equestrian order, helps its Olympic future
     

    Saudi Arabia appeared on the equestrian show jumping map in at the Sydney Games in 2000 when Khaled Al Eid won an individual bronze. He qualified for London but had to withdraw in July after his horse, Presley Boy, developed laminitis, a painful inflammation of the hoof. Some had considered the Sydney medal a blip, […]

     
  • Graph of the Day – Saudi Oil Production Since 2008
     

    Jadwa Investment’s recently released Chartbook for the month of August 2012 found that  the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.

     
  • Saudi students to establish Islamic center at Murray State University
     

    Saudi students at Murray State University in Kentucky have received a license to establish an Islamic center where they can organize cultural and social programs along with observing religious rites. Saudi students had been performing their prayers and Iftar in a rented building in which other Arab and Muslim students participated. The city’s mayor and […]

     
  • Jadwa Saudi Chartbook: Inflation at 10 Month Low
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]

     
  • Jadwa Saudi Chartbook for August 2012: Banking Indicators
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since […]

     

MUST-READS

  • Following Israeli counterstrike on Iran, region appears to pull back from the brink

    After last weekend’s limited Israeli strike on Iran, and Tehran’s apparent willingness to absorb the blow without serious retaliation, the Middle East region looks to be pulling back from the brink of a major regional war. Credit must be given to the US administration, which worked hard to convince the Israeli government to not hit nuclear and energy targets as well as avoid a strike so large that it would necessitate an Iranian retaliation. The Israeli decision to choose a path that would avert further escalation with Iran has raised hopes that, after more than a year of war, perhaps Prime Minister Benjamin Netanyahu is winding down this round of warfare.

  • Trump’s Commercial Influence in the Gulf

    Eric Trump, the executive vice president of the Trump Organization, stated that his father “loves” the United Arab Emirates and hopes to visit on an official trip if reelected in the upcoming U.S. presidential election. The UAE president, Mohammed bin Zayed al-Nahyan, recently visited the Republican presidential candidate, former President Donald J. Trump, as part of his official visit to the United States in late September. Whether or not Trump wins the presidency for a second time in November, his brand – and varying degrees of commercial influence – will remain a visible feature of the Gulf region.

  • Syrian national airline resumes flights to Saudi city of Jeddah after eight-year pause

    The Syrian regime’s transport ministry announced on Sunday that national carrier Syrian Air’s flights from Damascus to the Saudi city of Jeddah would resume, 18 months after Saudi Arabia and the regime normalised ties. Flights will restart again on 7 November, according to the regime’s SANA news agency, and will operate twice weekly. These will be the first commercial flights from Damascus to Jeddah for over eight years. Flights are already operating between Damascus and the Saudi capital Riyadh.

  • Saudi and Iranian top diplomats discuss need to avoid destabilizing region

    Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan discussed in a phone call with Iranian counterpart Abbas Araghchi the importance of avoiding anything that might destabilize the region’s security, following Israel’s Saturday strikes on Iran, the Saudi foreign ministry said on Monday.

  • Heritage commission expands urban heritage register with 500 new sites

    The newly registered sites are distributed across several regions, with Riyadh leading with 413 sites, followed by Makkah with 39, Al-Baha with 25, and smaller numbers in Hail (6), Jazan (5), Aseer (4), and two sites each in the Eastern, Najran, and Al-Jouf regions. Additionally, Tabuk and Qassim regions each registered one site.

  • Goldman, BlackRock Bosses Contend With a Changing Saudi Arabia

    The most influential names from the world of finance and business are flying to Riyadh for the eighth iteration of the kingdom’s Future Investment Initiative. Dubbed ‘Davos in the Desert,’ the event’s pre-summits started Monday. Over the course of the next few days, we’ll hear from the likes of David Solomon, Jane Fraser, Marc Rowan and Larry Fink. They’re heading to the kingdom amid a profound shift in their relationships with Saudi Arabia’s nearly $1 trillion wealth fund.

  • Saudi tourism facilities face penalties for non-compliance, ministry warns

    According to the ministry, during recent inspections of licensed facilities, it discovered a lack of conformity of promotional material to regulations and failure to display contact information for duty managers in the reception area, among other issues. Additionally, the ministry said it found instances of invalid licenses for some government partners in the tourism sector and failure to maintain cleanliness or carry out maintenance at a number of facilities.

  • World Cup 2034: Saudi Arabia human rights report ‘flawed’

    Football's global governing body, FIFA, are expected to announce the middle eastern kingdom as the host for the 2034 tournament on December 11, with no other bids being considered at this point. But the decision to award the tournament to a country with a poor human rights record has angered advocacy groups. FIFA attempted to fulfil their stated commitment to human rights by commissioning an independent report on Saudi Arabia by the Saudi arm of London law firm, AS&H Clifford Chance. But its findings have been slammed.

  • Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash

    Described in past years by some attendees as a bonanza for Saudi cash, fund managers who spoke to CNBC this year draw a distinctly different picture as the kingdom simultaneously upholds more requirements for prospective fundraisers and investors, while also facing a revenue crunch amid lower oil prices and production. “Without question, it’s gotten way more competitive to attract money from the kingdom,” Omar Yacoub, a partner at U.S.-based investment firm ABS Global, which manages nearly $8 billion in assets, told CNBC. “Everyone and anyone has been going to ‘kiss the rings,’ so to speak, in Riyadh.”

  • U.S. feared Iran could hit Saudi oil fields

    Israel's strikes, by hitting military targets rather than industrial facilities, have — for now — prevented a wider war. That has been a key goal of President Biden and Secretary of State Tony Blinken since the Oct. 7 terrorist attack on Israel.