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  • 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 […]

     
  • USTR: Saudi Continues to Protect Intellectual Property Rights
     

    The Office of the U.S. Trade Representative on Monday released the 2012 Special 301 Report reviewing the intellectual property protection policies of foreign nations.  Saudi Arabia is not named on the “Watch List” again this year and has not been since a successful Out-of-Cycle Review in 2009 to resolve IP issues in cooperation with the […]

     
  • How Gulf Countries Are Splurging at Home
     

    Asa Fitch, writing in the Wall Street Journal, details the extent to which oil dollars are fueling economic growth “at home” for GCC countries: Booming oil prices are flooding Arab countries with money, but where the lion’s share of that wealth would once have been pumped into the world’s financial markets, much of it is […]

     
  • Island in the Gulf – A Film of Juraid Island
     

    One of the great joys of living in Saudi Arabia has always been the natural environment itself – the dunes, the jebals and especially the Gulf with its beaches, reefs and islands. For those lucky enough to visit Juraid Island, fifteen miles offshore from Jubail, the experience has always been unforgettable. A pristine island shaped […]

     
  • Foreign Military Sales Keep Production Lines Hot
     

    “Partnership building is part of one of the largest benefits that we see,” Hunt said. “It’s building and maintaining friendships, it’s about building allies. United States Central Command, or CENTCOM, is obviously a very busy place for the United States now. The more that we can help those countries not only defend, but operate amongst […]

     
  • SEC unveils SR452b projects
     

    The Saudi Electricity Company (SEC) has allocated SR452 billion to implement energy projects until the year 2021 according to SEC Chairman of the Board of Directors Dr. Saleh Bin Hussein Al-Awaji. These projects will provide services consistent with international standards, including building up an adequate power at a peak time about 10 percent of combined capacity. The […]

     
  • 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 […]

     

MUST-READS

  • 7 Saudi universities advance in Shanghai Ranking 2022

    Seven Saudi universities have been listed among the world’s top 1,000 universities in the 2022 Academic Ranking of World Universities (ARWU), which is also known as Shanghai Ranking. The number of Saudi universities which found a place in the Shanghai Ranking shot up from four in 2019 and six in 2021 to seven in 2022.

  • Irish aviation executives enter aircraft leasing market with Saudi backing

    As the company announced its first deal – the purchase of 12 Airbus A320neo jets this year and next and their lease to low-cost Saudi carrier, Flynas – Mr O’Byrne said: “We appreciate the confidence placed in us by the Flynas team and wish them continued success as we start our partnership with them.”

  • Saudi Arabia’s PIF, Cain invest $900 mln in hotelier Aman Group

    Saud Arabia's Public Investment Fund (PIF) and London-based real estate investment firm Cain International said on Monday they had invested $900 million in luxury hotel group Aman, which Cain said valued Aman at $3 billion. The PIF and Cain said, in separate announcements, the investment would support Aman Group's "global expansion of ultra-luxury hotels and branded residences." Cain said the funds would also be used to enhance existing properties and support the acquisition and development of new locations.

  • Regardless of the JCPOA’s fate, Kuwait will work with Iran

    “Surrounded by three large neighbours in a tense region, Kuwait is acutely aware of its limitations as a small state,” Bader al-Saif, a Kuwait University professor, said in an interview with The New Arab. “That is why its foreign policy has long championed reconciling differences and de-escalating conflict.”

  • Saudi Arabia Is Said to Renew $3 Billion Deposit to Pakistan

    Saudi Arabia plans to renew its $3 billion deposit in assistance to Pakistan, as the South Asian nation looks to rein in one of Asia’s highest inflation rates and stave off a current-account crisis, according to people familiar with the matter. The Saudi Finance Ministry plans to renew its $3 billion deposit with State Bank of Pakistan as soon as this week, the people said, asking not to be identified discussing private deliberations. The kingdom also plans to provide $100 million a month for 10 months in petroleum products that will be granted as additional support, the people added.

  • Saudi Arabia aims to transform Riyadh into global fintech capital: Network Intl chief

    According to Fintech Saudi’s National Fintech Adoption Survey, 74 percent of individuals have had experience in using at least one fintech solution and fintech transaction values have jumped by more than 18 percent between 2017 and 2019 year-on-year, reaching over $20 billion in 2019 and expected to surpass $33 billion in 2023.

  • Saudis enjoy rain in cool highlands as desert temperatures soar

    Residents shared pictures and videos on social media of families rejoicing in the rain as many Saudis continue to travel to the highlands of Abha to escape the soaring summer temperatures in the kingdom's desert regions.

  • ‘No one can stop them’: African migrants aim for Spain’s Canary Islands

    Two thirds of African migrants entering Spain now go via the Canaries, according to government data. Some 9,589 have made it there so far in 2022 - a 27% rise on the same period last year. On a map, the seven islands are just pinpricks in the vast Atlantic off West Africa. Fishermen guide the precarious boats with often inadequate motors. Many get lost or sink.

  • Saudi Arabia: national airline offers 40% discounts for flights to US and Europe

    According to a press release by Saudia on Sunday, there are currently discounts of up to 40 per cent on its flights to American and European destinations, as well as to regional airports within the kingdom. The opportunity to reserve discounted flights lasts until 12 August, with the specific travel periods being between 15 September and 15 November this year.

  • Saudi Arabia: national airline offers 40% discounts for flights to US and Europe

    Saudi Arabia's national carrier, Saudia, is offering major discounts on its flights to destinations in the United States and Europe, in an effort to open the kingdom up to the world. Domestic flights will also attract the discounts in an effort to boost travel within the country.