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  • Saudi-led Coalition in Yemen Announces Capture of Islamic State Leader in Yemen
     

    Saudi special forces, with assistance from the United States, have captured the leader of the Yemeni branch of the Islamic State militant group, according to the Saudi-led military coalition fighting in Yemen and reported in Reuters. The leader, Abu Osama al-Muhajer, as well as other members of the organization including its chief financial officer, were […]

     
  • U.S. Special Representative for Iran, Saudi Arabian Deputy Defense Minister Prince Khalid bin Salman Meet in Jeddah
     

    U.S. Special Representative for Iran Brian Hook met with Saudi Arabian Deputy Defence Minister Prince Khalid bin Salman in Jeddah on Friday, the minister said in a tweet. Hook and Prince Khalid discussed recent attacks in the region. “Pleased to meet with United States Special Representative for Iran Mr. Brian Hook to explore the latest efforts to […]

     
  • Saudi Arabia’s Saudia Airlines Spends Big at Paris Airshow
     

    Saudi Arabian flag-carrier Saudia announced at the Paris Airshow that it is expanding its existing order of Airbus A320neo family of plans from the current number of 35 “to as many as 100, including 35 options,” according to reports. The airline disclosed three years ago that it was taking 35 A320neo-family jets, including A321neos. The “neo” at the […]

     
  • U.S. Senators Preparing Legislation Seeking to Block Trump’s Plan to Sell $8b in Weapons to Saudi Arabia, UAE and Jordan
     

    Members from both parties in Congress are preparing legislation seeking to block President Trump’s plan for $8.1 billion in weapons sales to Saudi Arabia, the UAE and Jordan, according to reports. Last month, The Trump administration declared an emergency to bypass Congress and expedite billions of dollars in arms sales to several countries, citing the need to deter what it […]

     
  • Leaders Arrive in Saudi Arabia for Two Summits as Tensions Run High Over Iran
     

    Saudi Arabia began hosting Arab leaders for two emergency summits starting today after attacks this month on oil assets has heightened tensions with Iran, according to reports. Riyadh hopes the meetings will deliver a strong message to Iran that regional powers will defend their interests against any threat after this months attacks, Reuters reports. Saudi Arabia’s Minister of […]

     
  • Economy Update: Prices cool down after a year of reforms
     

    The latest official government figures on inflation for Saudi Arabia show a decline in prices after a year of reforms, according a recently released report by Jadwa Investment. Over the last year, Saudi Arabia has introduced a number of reform measures, including the introduction of a VAT, utility price reform, and other changes. The latest General […]

     
  • Saudi Arabia’s SALIC invests in crop analytics firm Hummingbird Technologies
     

    The Saudi Agricultural and Livestock Investment Company (SALIC) announced it was leading a £7m ($8.8m) funding round of investments into artificial intelligence startup Hummingbird Technologies, according to the company. Hummingbird, which was set up in 2016, uses drone and artificial intelligence to provide advanced crop analytics to farmers. Hummingbird, using imagery and data analytics from satellite, drone, plane […]

     
  • Oil Soars as Two Saudi Oil Tankers Among Four Attacked off UAE Coast
     

    Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates, Reuters reports, with a total of four vessels being impacted by an attack. The UAE said on Sunday that four commercial vessels were “sabotaged” just outside the Strait of Hormuz. It did […]

     
  • Saudi Government Revenue Surges Nearly 50% in Q1
     

    Government revenue surged to SR245 billion ($65 billion) the first quarter of this year, an increase of 48 percent year-on-year, according to recent data revealed by Jadwa Investment. Both oil and non-oil revenue saw sizable rises. Government oil revenue rose by 48 percent, to SR169 billion ($45 billion), and was boosted by a SR124 billion ($33 billion) dividend […]

     
  • Senate Fails to Override Trump Veto on Yemen War
     

    The Senate on Thursday fell short of the votes needed to override President Trump’s veto of legislation demanding an end of U.S. support for the Saudi-led military coalition operating in Yemen. The resolution passed in the House and Senate would have ended all U.S. involvement with the Saudi Arabia-led coalition in the war in Yemen. It marked […]

     

MUST-READS

  • Al-Rajhi: 364000 Saudis join employment market for the first time in 2024

    Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi said that as many as 364000 Saudi citizens have joined the local employment market, for the first time, during the year 2024. Addressing the first dialogue session of the Global Health Exhibition in Riyadh on Monday, the minister revealed that a total of 50 decisions have been taken to localize qualitative jobs, during the past four years, including the professions of accounting, pharmacy, radiology, and that is in coordination with the Ministry of Health and Ministry of Investment.

  • Saudi Arabia Taps BlackRock to Build Mortgage-Backed Securities Market

    The country hopes developing a secondary market for mortgages would allow banks to offer borrowers lower interest rates and improve the cost of home ownership, BlackRock Inc. Chief Executive Officer Larry Fink said at a conference in Johannesburg. In August, BlackRock signed an agreement with Saudi Real Estate Refinance Company — the state-owned equivalent of Fannie Mae and Freddie Mac in the US — to develop the real estate finance market in the kingdom. “Spreads are much wider than if there was a securitization market,” Fink said. “It would be much narrower and the homeowners would benefit, so the cost of home ownership would go down.”

  • The World’s Largest Building Is Coming to Saudi Arabia

    Located in northwest Riyadh, Saudi Arabia, the forthcoming Mukaab skyscraper is just one component of a 19-square-kilometer project spearheaded by New Murabba and the country’s Public Investment Fund (PIF), according to the developers. Though far from the tallest building at a projected 1,312 feet upon completion, the structure is expected to handily take the title of the world’s largest by volume.

  • Saudi Finance Minister warns against rise in global fragmentation

    Saudi Finance Minister Mohammed Al Jadaan on Monday offered a strong defence of multilateralism, warning of the challenges that global fragmentation poses to trade and humanitarian efforts. Mr Al Jadaan, who leads the International Monetary and Financial Committee, said countries have become increasingly isolated in recent years and that numerous shocks have weakened faith in multilateralism. “We can see that the world is becoming more and more fragmented,” Mr Al Jadaan said in remarks at the Peterson Institute for International Economics. “It is more difficult to build consensus of digital security, trade, development and countless ambitions.”

  • Washington’s Arab allies engage with Iran as US efforts to stem Middle East violence falter

    In a rare meeting this month, Saudi Arabia’s Crown Prince Mohamed bin Salman, who once called Iran’s Supreme Leader Ayatollah Ali Khamenei the “new Hitler of the Middle East,” sat down with Iranian Foreign Minister Abbas Araghchi in Riyadh. It was the third meeting between Iranian and Saudi officials in one month. Tehran’s top diplomat also met Jordan’s King Abdullah II in Amman and made a rare trip to Egypt for a meeting with President Abdel Fattah Al Sisi in Cairo. He has also met Qatar’s prime minister in Doha, the Omani foreign minister in Muscat and the Bahraini king in Manama.

  • Meet Ali from Saudi Arabia, a Nursing Student at the University of South Carolina

    Ali from Saudi Arabia has been passionate about pursuing a career in nursing since middle school. He completed one year of his undergraduate education in Australia, then transferred through the International Accelerator Program (IAP) to the University of South Carolina (USC) to explore opportunities in the US.“The total nursing program is two years lower division [pre-nursing] and two years upper division,” Ali said. Lower division students take core general education classes including English, history, math, and basic sciences. The curriculum also includes courses in nursing that focus on health and wellness, the history of nursing, pathophysiology, and more. Once students complete the prescribed number of lower division courses, they can then apply to the upper division level.

  • Iranians debate leak of US docs on Israeli attack plans

    A fringe pro-Iranian channel on the messaging app Telegram has published highly classified US intelligence documents detailing how Israel is preparing for an attack on Iran. US media have confirmed the authenticity of the documents, but the source of the leak and the possible motives remain unclear. The reaction in Tehran has been muted. However, some speculate that the leak is deliberate and meant to delay or reduce the scale of Israel’s pledged response to Iran’s Oct. 1 missile barrage.

  • Syria: Iran and Hezbollah’s Savior and Achilles’ Heel

    As the Netanyahu government engages in wars throughout the Middle East to degrade Iran and its allied militias, Biden administration officials are reportedly calling these military victories a “history-defining moment.” But is this moment history-defining in the way that White House officials seem to hope it is? Without a political solution that accommodates the millions yearning for peace and justice in the Middle East including Palestinians, Lebanese, and Syrians, it’s likely not. Israel’s tactical victories and Iran’s losses will be ephemeral.

  • In Photos: Novak Djokovic embraces Saudi culture during 6 Kings Slam exhibition in Riyadh

    The Serbian tennis star donned the traditional Saudi attire and was seen sitting on a carpet alongside sand dunes and mountains captured in the background in pictures posted on his Instagram page. Djokovic posted a series of images from his time in Riyadh with captions such as “Sand slam” and “Kingdom style.”

  • Construction starts on world’s largest building in Saudi Arabia

    Construction has begun on the 400-metre-high, cube-shaped Mukaab supertall skyscraper in Riyadh designed by AtkinsRéalis, which will be the world's largest building when it completes. Designed as the centrepiece of the 19-square-kilometre New Murabba development in northwest Riyadh, Mukaab is now officially under construction with excavations underway, according to its development company. The developer, named New Murabba Development Company and funded by Saudi Arabia's central Public Investment Fund (PIF), said groundworks at the site are now 86 per cent complete.