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  • Despite Downturn, Half in New Poll Expect Saudi Economy to Improve
     

    With tough economic decisions at hand and the price of oil at a tipping point, where is the Saudi economy heading? In a recent poll conducted by Bayt.com and YouGov, 50% of respondents in Saudi Arabia expect business conditions to improve in one year, and 40% believe things will improve in the next six months. […]

     
  • Deadly Coalition Missile Attack on Funeral in Yemen Draws International Condemnation, Prompts U.S. Review of Support
     

    The ongoing conflict in Yemen was further inflamed this weekend after a missile attack on a funeral hall killed over 160 civilians, sparking outrage across the war-torn country. Yemeni officials and witnesses are blaming the Saudi-led coalition fighting in Yemen for the attack, which threatens to significantly alter the war’s course. The coalition initially denied […]

     
  • Video: Paramotoring in Saudi Arabia’s Qassim Desert
     

    A recently released report and video by Reuters highlights the start and growth of a “paramotoring” club in the Qassim Desert in Saudi Arabia as “a hobby, curiosity, a change.” Paramotoring, also referred to as powered paragliding, involves the use of a motor driving propeller that is worn on one’s back. The motor can be stopped and started in […]

     
  • Jadwa Investment Revises Saudi GDP Down to 1.1%
     

    The latest quarterly GDP update on the Saudi economy from Jadwa Investment finds year-on-year growth continued to slow for the fourth consecutive quarter, “mainly owing to a deceleration in annual GDP growth for both the oil sector and the non-oil private sector.” However, in real terms, the Saudi economy was 1.4 percent larger in the second quarter […]

     
  • Top Saudi Investment Officials in New York for Two-Day JPMorgan Chase Event
     

    Saudi Capital Market Authority Chairman Mohammed Al-Jadaan and Tadawul stock exchange Chief Executive Officer Khalid Al Hussan are among officials attending a two-day event in New York City this week organized by JPMorgan Chase & Co., Bloomberg reports. According to Bloomberg, senior representatives of the kingdom’s economy ministry and central bank will also be present. The […]

     
  • Opposition to JASTA ‘Bubbles’ but Override Still Likely after White House Veto on Friday
     

    President Obama vetoed the Justice Against Sponsors of Terrorism Act (JASTA) on Friday, setting up an expected showdown with Congress over the controversial bill that would open up foreign nations to lawsuits in the United States. In a thoughtful letter to Congress attached to the veto, President Obama says that while he has deep sympathy […]

     
  • White House Lobbies Senate on JASTA, Works Toward 34 Votes to Prevent Veto Override
     

    Some Senate Democrats on Capitol Hill continue to consider their votes on the Justice Against Sponsors of Terrorism Act (JASTA) and, according to some reports, are “starting to show cracks in their support” of the legislation after efforts by the Obama administration to convey the risk of the bill’s potential international relations fallout.  JASTA, which would expand […]

     
  • Al-Jubeir in Wall Street Journal: ‘Iran Can’t Whitewash Its Record of Terror’
     

    Saudi Foreign Minister Adel Al-Jubeir blasted his Iranian counterpart in a new op-ed published by the Wall Street Journal, saying that Iran cannot “whitewash its record of terror.” “The fact is that Iran is the leading state-sponsor of terrorism, with government officials directly responsible for numerous terrorist attacks since 1979. These include suicide bombings of the U.S. […]

     
  • Houthi Rebels Claim Capture of Post Inside Saudi Border
     

    Officials from Yemen’s Shiite Houthi militia say their fighters and allied troops have captured a Saudi military post in the border region of Jazan, according to reports.  According to a report in the Associated Press, the claim has been denied by a Saudi military spokesman. However, a 15-minute video clip posted on social media networks and aired late […]

     
  • 15 Year-Old Saudi Girl Proposes First ‘Hijab Emoji’
     

    Rayouf Alhumedhi, a Saudi-born teenager currently living in Germany is the lead author on a new proposal for a hijab emoji to the Unicode Consortium, the nonprofit that governs the creation and approval of emoji. Emojis are popular small images that are available on mobile and desktop keyboards that are increasingly adding to, and even replacing, […]

     

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