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  • At the SACM Career Fair in Washington, Saudi Arabia’s Brightest Are Met With Opportunities (PHOTOS)
     

    Across the United States, around the end of the month of May every year, graduating students from high schools and universities join with families and friends to celebrate their achievements in

     
  • Saudi Satire Ignites YouTube’s Massive Growth in Middle East
     

    Fahad Albutairi never expected a career in broadcast or comedy, and he certainly didn’t expect to emerge as a YouTube star known to millions. Albutairi is the co-founder and star of the La Yekthar Show, a small cadre of YouTube shows shot in Saudi Arabia that have become wildly popular in the last year. His […]

     
  • Saudi female entrepreneurs exploit changing attitudes
     

    In Saudi Arabia, a small but determined number of women are overcoming obstacles to build their own thriving businesses. Social constraints in the conservative Kingdom have not stopped women from amassing substantial individual wealth. An estimated $11.9 billion is held by women primarily in bonds and bank accounts, according to asset managers Al Masah Capital. […]

     
  • Saudi Arabian Airlines Officially Becomes ‘Saudia’, Embraces Privatization
     

    Saudi Arabian Airlines has today been formally renamed Saudia and has become a full member of the SkyTeam alliance while at the same time confirming the first stage of the long-awaited privatisation will go ahead in the next month.

     
  • Saudi construction sector ‘most buoyant globally’
     

    Massive construction projects in the GCC, particularly around social and transport infrastructure, will offer tremendous opportunities valued at up to $500 billion for contractors, Deloitte Middle East’s annual report “GCC Powers of Construction: Five Lessons to Learn From” released Wednesday said. The Deloitte report showed that there is imminent growth in the Saudi Arabian construction […]

     
  • IMAX ARABIA 3D Now Available for Mass Consumption on Netflix Streaming
     

    IMAX ARABIA 3D, the film directed by Hamzah Jamjoom, is now available to watch at any time on Netflix’s instant streaming option for the first time.

     
  • Saudi Budget Needs Less Than $80/Bbl To Be Balanced
     

    Top oil exporter Saudi Arabia would still be able to balance its budget even if oil prices fall to less than $80 per barrel, Al Arabiya television reported Tuesday, citing the kingdom’s finance minister, Ibrahim Al-Assaf. “As you know the oil revenues are affected by two factors; price and production…the price that leads to a […]

     
  • The Gulf Military Balance in 2012
     

    The Burke Chair at CSIS is issuing a new report called the Gulf Military Balance in 2012. The report shows that the Gulf military balance is dominated by five major groups of military forces: the Southern Gulf states, Iran, Iraq, outside powers like the US, and non-state actors like the various elements of Al Qa’ida, the […]

     
  • Saudi Arabia’s Bond With U.S. ‘Goes Beyond Energy’
     

    The U.S. and Saudi Arabia have a close relationship with a bond “that goes far beyond energy,” Saudi Oil Minister Ali al-Naimi said. The minister told graduates during his commencement speech at Lehigh University in Bethlehem, Pennsylvania, that “We seek together a world of greater understanding, mutual tolerance, and respect for human dignity and personal […]

     
  • Saudi Women Tackle Everest to Advance Breast Cancer Awareness
     

    To the ten Saudi women attempting a punishing ascent to a major milestone on the world’s highest peak, the dangers of reaching the Mount Everest base camp are no match for their cause. As a part of an ever-growing effort in Saudi Arabia, the campaign, “A Woman’s Journey: Destination Mount Everest,” intends to raise awareness […]

     

MUST-READS

  • US insistence on Saudi-Israeli normalisation amid Gaza war puzzles many

    US Deputy Secretary of State nominee Kurt Campbell told Congress on Thursday there is still willingness among the key players of the US-led talks to normalise ties between Saudi Arabia and Israel to restart the process even after the devastating October 7 attack by Hamas. “I think we can be carefully encouraged by some of the discussions that we’ve had to date that indicate that there still is a willingness among the key players to restart this process and continue it,” Campbell told senators during his confirmation hearing at the Senate Foreign Relations Committee.

  • Real estate developer discusses the appeal of the Saudi market: Video

    David Grover, group CEO of Roshn, says Saudi Arabia is the world’s biggest construction market.

  • Syria regime appoints new envoy to Saudi Arabia following 11-year absence

    Syrian President Bashar al-Assad has appointed a new envoy to Saudi Arabia following an 11-year absence, amid a recent thaw in relations between the regime and Riyadh.

    Deputy Foreign Minister Ayman Soussan was appointed with the role according to Syria’s state-run news agency SANA, and was subsequently sworn in during a ceremony attended by Foreign Minister Faisal Mekdad.

    The move comes as ties between Syria and Saudi Arabia were restored earlier this year, after Riyadh severed its ties with Damascus in 2012 over the country’s devastating civil war, in which the Assad regime led the brutal suppression of peaceful protesters.

  • 2024 budget boosts Saudi economic growth: Al-Sayari

    Saudi Arabia’s budget for 2024 aims to boost the Kingdom’s economic growth and development, Ayman Alsayari, Governor of the Saudi Central Bank (SAMA), said.   The Saudi economy proved to be highly resilient to face all global challenges, Alsayari added, pointing to the sound policies and decisions taken to preserve economic gains.   SAMA continued to perform its duties in harmony with the national economic requirements and Vision 2030.   The banking sector has financial solvency, operating efficiency and is able to face challenges.

  • Orsted Powers Up America’s First Major Offshore Wind Farm

    The turbine was installed just two weeks ago with union labor, and it’s the first of 12 that are expected to be completed by early 2024. Each one will have three blades measuring 318 feet from base to tip, or about twice the length of an olympic-sized swimming pool. When completed, the project will have the capacity to meet the electricity needs of some 70,000 homes on Long Island. New York officials estimate the project will eliminate up to 6 million tons of carbon emissions per year, similar to taking 60,000 cars off the road.

  • UN chief invokes rarely used power to push for Israel-Hamas cease-fire

    U.N. chief António Guterres invoked a rarely exercised clause in the United Nations Charter to push for an Israel-Hamas cease-fire, warning the organization’s Security Council that urgent action is necessary to help Gaza avert a “humanitarian catastrophe.” In a dramatic move, Guterres on Wednesday wrote to members of the Security Council and urged them to collectively call for a full humanitarian cease-fire.

    He said that two months of war had “created appalling human suffering, physical destruction and collective trauma across Israel and the Occupied Palestinian Territory.”

  • Opinion: What Jon Rahm’s shocking move to LIV means for golf’s future

    This is the moment it all becomes normal. When it’s no longer a spectacle, controversial, or even taboo. When it’s not about right or wrong or strong opinions or sticking it to the man. Jon Rahm’s move to LIV Golf is imminent, and it feels like the final confirmation that this is simply the way things are. This is what the golf world is going to be.

  • Saudi Arabia: Northern Trust Picks Riyadh for Gulf Base, Boosting Kingdom’s Push

    Northern Trust Corp. has become one of the first major global financial institutions to set up its regional headquarters in Riyadh, bolstering the Saudi government’s drive to get international firms to run their Middle Eastern operations from the kingdom. The firm, which has $1.3 trillion in assets under management, recently received a license from the Ministry of Investment of Saudi Arabia to set up its Middle East base in Riyadh. That comes ahead of a January 2024 deadline, when new rules kick in to restrict state entities from doing business with international companies that don’t have regional headquarters in the kingdom.

  • Saudi Arabia Says for First Time Some 2030 Projects Delayed

    After determining how much borrowing was acceptable, the government then went back to review the timeline of some projects, Al Jadaan told reporters on Wednesday.

    All plans had been reviewed based on “economic, social, employment and quality-of-life returns among other factors over the last 18 months,” he said. As a result, some are “being accelerated and some — largely projects in the pipeline which have not been announced yet — are given a longer executional timeframe,” he said.

    “There are strategies that have been postponed and there are strategies that will be financed after 2030,” Al Jadaan said. The process of reviewing project timelines is being led by a committee chaired by Crown Prince Mohammed Bin Salman.

  • Saudi Arabia Says for First Time Some 2030 Projects Delayed

    Saudi Arabia has delayed past 2030 some of the projects launched as part of its economic transformation plan, in the first admission that the kingdom is having to shift the timeline for meeting the goals of the multi-trillion dollar program.

    The government, which is forecasting budget deficits every year out to 2026, has decided on the extension to build capacity and avert huge inflationary pressures and supply bottlenecks, Finance Minister Mohammed Al Jadaan said Thursday. He didn’t specify which projects would be affected.