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  • Seven years of prosperity and development
     

    Saudi Arabia will mark the seventh anniversary of Custodian of the Two Holy Mosques King Abdullah’s accession to the Saudi throne on May 17 with a variety of programs highlighting the remarkable progress achieved by the Kingdom in education, health, industry, agriculture and other sectors under his wise leadership. King Abdullah’s announcement at the Shoura […]

     
  • Saudi Perspective on the Middle East: Obaid
     

    In this SUSRIS exclusive presentation, the “Saudi Perspective on the Middle East: The View from Riyadh” assessment provides: the background and context for Saudi diplomacy — assets and characteristics; economic and energy data; sources of regional instability; the “New Gulf Union”; profile of Gulf defense configurations; the Kingdom’s role in regional stabilization and its political and […]

     
  • Jadwa: Inflation Report, April 2012
     

    Year-on-year inflation dipped to 5.3 percent in April from 5.4 percent in March. Lower food price inflation was the main reason for the decline. Rental inflation picked up.

     
  • Not a Drop to Drink: The Global Water Crisis
     

    In the next twenty years, global demand for fresh water will vastly outstrip reliable supply in many parts of the world. Thanks to population growth and agricultural intensification, humanity is drawing more heavily than ever on shared river basins and underground aquifers. Meanwhile, global warming is projected to exacerbate shortages in already water-stressed regions, even […]

     
  • Petchem projects lead Saudi industrialization drive
     

    The Saudi project market continues to thrive. Latest data from Meed put the value of projects “planned or underway” at $745 billion in mid-April, around 13 percent higher than a year earlier. These figures need to be treated with some caution: The topline number is some 30 percent larger than the nominal size of the […]

     
  • Journey of a lifetime
     

    To say that I was excited to be in the presence of such history would be an understatement. I had been looking forward to this trip for months and was absolutely beside myself. My purpose was to travel with my mother to Saudi Arabia to perform the Umrah, a mini version of the annual Hajj […]

     
  • Al-Qaida’s wretched utopia and the battle for hearts and minds
     

    Driving east out of Aden, we were just a few hundred metres past the last army checkpoint when we saw the black al-Qaida flag. It flew from the top of a concrete building that had been part-demolished by shelling. From here into the interior, all signs of control by the government of Yemen disappeared. This […]

     
  • Positive Steps: Interview with Saudi Minister of Finance Al Assaf
     

    The industrial sector is the real excitement for us, which is growing at a rate of 15 per­cent, which is not a joke. The other one is service sector, like the financial services or the restaurant and hotels or other services in the economy. A particular sector that we are excited about is the mineral […]

     
  • “Milestone” oil manipulation case unsettles traders
     

    U.S. regulators’ $14 million settlement with high-frequency trading firm Optiver over oil price manipulation in 2007 is a “milestone” victory in their toughening stance on market malfeasance which is being closely watched by traders. In its first major case against an algorithmic trader, the Commodity Futures Trading Commission said late on Thursday that a court […]

     
  • Home boom aids Saudi Telecom profit surge
     

    Soaring demand for broadband helped Saudi Telecom Co (STC) post a 60 percent increase in first-quarter profit on Wednesday, with the former monopoly reporting rising revenues in its mobile, fixed line, corporate and wholesale units. The former monopoly, which will pay a quarterly dividend of 0.5 riyals per share, made a profit of 2.52 billion […]

     

MUST-READS

  • Hamas chief says truce deal with Israel is ‘close’

    The chief of Hamas said on Tuesday that the Palestinian militant group was near a truce agreement with Israel, even as the deadly assault on Gaza continued and rockets were being fired into Israel.

    Hamas officials were "close to reaching a truce agreement" with Israel and the group has delivered its response to Qatari mediators, Ismail Haniyeh said in a statement sent to Reuters by his aide.

    A source briefed on the negotiations told Reuters the agreement was in its "final stages" and "closer than it has ever been".

  • Saudi-Backed PFL Buys Rival Bellator in Landmark MMA Deal

    Mixed martial arts company the Professional Fighters League has bought rival Bellator MMA, in a bid to take on the Ultimate Fighting Championship.

    Backed by Saudi Arabia’s giant new sports fund, Washington, D.C.-based PFL held its first event in 2018, making it a relatively new combat sports upstart. Its champions in each weight class earn $1 million in prize money.

  • Saudi Arabia Brings In Airline Passenger Compensation: Up To $1,750 For Lost Bags

    Saudi Arabia has introduced new compensation rules for airline passengers, some of which entitle travelers to up to 200% of their ticket price. The new guidelines cover several circumstances affecting the journey of air passengers, such as flight cancelation or delay, lost baggage, flight overbooking, and even a change of cabin class.

  • Saudi crown prince announces launch of Human Capability Initiative

    Crown Prince Mohammed bin Salman on Monday announced the launch of the Human Capability Initiative, a platform designed to unify dialogue around the world on the challenges and opportunities for developing human capabilities. The inaugural edition of the conference will run from Feb. 28-29 at the King Abdulaziz International Convention Center in Riyadh, the Saudi Press Agency reported.

  • Saudi commerce min. had fruitful talks with top gov’t officials in Egypt

    Saudi Ambassador in Cairo Osama Naqli described the recent meetings between Saudi Minister of Commerce Majid bin Abdullah Al-Qasabi and senior Egyptian officials as fruitful and part of joint efforts to boost bilateral cooperation. During his meeting with Prime Minister Mostafa Madbouli, Qasabi, who led a delegation of 90 top Saudi investors yesterday, discussed ways to the economic and business partnership between the sisterly Arab countries, Naqli said in a statement posted to his X account on Monday.

  • A Hidden Saudi Haven For Nature Lovers

    Nestled at 6,500 feet above sea level, we soon discovered that Taif’s lush landscapes and crisp air defy the conventional expectations of Saudi (which often conjures images of towering skyscrapers and endless deserts). Although the destination provides a cooler climate than somewhere like AlUla, the history of the city is equally as rich, with agricultural roots that can be traced back to the 6th century AD.

  • Fifth Dakar Rally To Be Staged In Kingdom Of Saudi Arabia

    The iconic rally will kick off with the Prologue stage on January 5 at historical AlUla, home to Saudi Arabia’s first UNESCO World Heritage Site. The Hegra archaeological site features monumental tombs, sandstone outcrops, historic dwellings, and monuments – both natural and human-made – that hold 200,000 years of largely unexplored human history.

  • AlUla Tour to welcome world’s best cyclists to Saudi Arabia in 2024

    Some of the world's best cyclists and teams will head to Saudi Arabia at the start of next year after organisers announced the dates for the rebranded AlUla Tour. Formerly known as the Saudi Tour, the race returns for a fourth edition and takes place from January 30 to February 3. It will be organised by the Ministry of Sport and The Royal Commission for AlUla in cooperation with the Saudi Cycling Federation and the International Cycling Union (UCI). The AlUla Tour will welcome more than 119 cyclists from 17 teams across the globe, including elite UCI World Tour teams, UCI Continental teams, and Saudi Arabia’s brightest cycling prospects. The race will be held as part of the AlUla Moments sporting season.

  • Muslim country group to push for Gaza truce – Turkish source

    A newly formed group of senior officials from several Muslim countries will visit the U.N. Security Council's five permanent members and others to press for an immediate ceasefire in Gaza, a Turkish foreign ministry source said on Tuesday. The group was formed earlier this month at a summit of the Arab League and Organisation of Islamic Cooperation (OIC) in Riyadh. It includes foreign ministers and representatives from Turkey, Qatar, Egypt, Jordan, Nigeria, Saudi Arabia, Indonesia, the Palestinian Authority, as well as the OIC Secretary General. The source said the group had started talking with the permanent U.N. Security Council members - the United States, China, Russia, Britain, and France - with a visit to Beijing on Monday, and would also go to other countries.

  • Opinion: Israel’s Palestinian strategy was a grave miscalculation

    The most important factor in determining the political outcome of Israel’s current war will not take place in Gaza — but will instead unfold in the West Bank. That’s because if Israel really wants to deliver a serious long-term blow to Hamas as a potent political movement among the Palestinian people, it’s going to be essential to seriously rethink its attitude towards the Islamist extremist group’s archrivals: the Fatah-dominated Palestinian Authority (PA) in the West Bank and Palestine Liberation Organization (PLO) on the international stage.

    Without strengthening these Palestinian groups, which still represent the mainstream of the national movement, Hamas and even more extreme groups will almost certainly continue to grow and thrive among the Palestinian people.