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  • Hillary Clinton: Time running out for diplomacy with Iran
     

    U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April. With speculation over a possible U.S. or Israel military attack adding urgency to the next round of discussions […]

     
  • Water Brings Green to Saudi Arabia
     

    Over the last two-and-a-half decades, a series of NASA’s Landsat satellites have captured these pictures of the growing agriculture industry in the northern reaches of the Syrian Desert in Saudi Arabia, not far from Jordan. Farmers use a technique called center-pivot irrigation to bring up water from below the desert floor to grow wheat and […]

     
  • U.S. Might Have More Oil Than Saudi Arabia, But…
     

    People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to be produced if bureaucrats will simply stop blocking development. In fact, in a recent debate between Republican candidates contending for Gabrielle Giffords’ recently vacated House seat, one candidate […]

     
  • Five short stories from World Energy Outlook
     

    The IEA’s World Energy Outlook (WEO) is an annual tradition, the result of much work, data analysis and presentation. A formative volume is produced for all to read and digest, but few of us have the time to do so in the detail required.  As such we rely to some extent on IEA presentations and summary documents. […]

     
  • Saudi Arabia will act to lower soaring oil prices
     

    In an op-ed in the Financial Times, Ali Al Naimi writes, “High international oil prices are bad news. Bad for Europe, bad for the US, bad for emerging economies and bad for the world’s poorest nations. A period of prolonged high prices is bad for all oil producing nations, including Saudi Arabia, and they are […]

     
  • “Out in the Blue” Part 9 of Video Series “Distant Arabia”
     

    In this clip excerpted with permission from the documentary The Prize: The Epic Quest for Oil, Money and Power based on the book of the same name by Daniel Yergin, the story of Tom Barger’s first journey to Saudi Arabia is related through his movies and letters. The complete story is told in Barger’s book […]

     
  • GE wins $200mn power plant conversion contract in Saudi Arabia
     

    GE said it has received a contract for nearly $200 million to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Co.’s (SEC) PP10 power plant from simple to combined-cycle operation. The project will add 1,300 MW to the plant’s capacity. “The conversion to combined-cycle operation is […]

     
  • 10 Saudi women take fight against breast cancer to Mount Everest
     

    Princess Reema bint Bandar bin Sultan and the Zahra Breast Cancer Association launched a campaign on Tuesday where 10 Saudi women will climb to the Mount Everest base camp in May. The 10 climbers include Jude Al-Aitani, Asma Al-Sharif, Mashael Alhegelan, Mona Shahab, Noura Bouzo, Raha Al-Moharrak, Lina Almaeena, Samaher Mously, Hatun Madani, Alya Al-Sa’ad, […]

     
  • Saudi Arabia Jeddah Weddings
     

    I was approached, a couple of months ago by a media company, about the wedding video I made for my cousin’s wedding. The company makes documentaries and would like to make a documentary about modern day Saudi couples in Jeddah getting married. They were, in my opinion, too optimistic, but then again I am a […]

     
  • Saudi Market Opens Up, but Gradually
     

    Regulators of the Saudi stock exchange, Tadawul, the largest in the Arab world, are fine-tuning the draft of a law on Qualified Foreign Investors in the hope of attracting institutional fund managers to buy shares directly in the $400 billion market. The market, which is equal in size to the combined value of the stock […]

     

MUST-READS

  • Russian President Vladimir Putin visits UAE, Saudi Arabia seeking to boost Moscow’s Mideast clout

    Russian President Vladimir Putin visited the United Arab Emirates on Wednesday before departing for Saudi Arabia in an one-day lightning tour intended to raise Moscow’s profile as a Middle East power broker even as his war Ukraine grinds on. Putin landed in Abu Dhabi, the capital of the Emirates, that is hosting the United Nations’ COP28 climate talks. It was his first trip to the region since before the coronavirus pandemic and the 2022 invasion of Ukraine.

  • Saudi Arabia Revenues Surprise by Topping Expectations Despite Oil Cuts

    Saudi Arabia recorded higher budget revenues than expected this year despite a sharp drop in oil prices and production. Still, a ramp-up in spending on Crown Prince Mohammed bin Salman’s multi-trillion-dollar plan to diversify the economy left the budget with a deficit of 82 billion riyals ($22 billion), according to official figures published on Wednesday.

  • Saudi Arabia urges US restraint as Houthis attack ships in Red Sea

    Saudi Arabia has asked the United States to show restraint in responding to attacks by Yemen's Houthis against ships in the Red Sea, two sources familiar with Saudi thinking said, as Riyadh seeks to contain spillover from the Hamas-Israel war. The Iran-aligned Houthis have waded into the conflict that has spread around the Middle East since war erupted on Oct. 7, attacking vessels in vital shipping lanes and firing drones and missiles at Israel itself.

  • Israeli forces storm Khan Younis in south Gaza, killing scores of Palestinians

    Israeli forces stormed southern Gaza's main city on Tuesday in what they called the most intense day of combat in five weeks of ground operations against Hamas militants, and hospitals struggled to cope with scores of Palestinian dead and wounded. In what appeared to be the biggest ground assault in Gaza since a truce with Hamas unravelled last week, Israel said its forces - which were backed by warplanes - had reached the heart of Khan Younis.

  • Israel Weighs Plan to Flood Gaza Tunnels With Seawater

    Israel has assembled a system of large pumps it could use to flood Hamas’s vast network of tunnels under the Gaza Strip with seawater, a tactic that could destroy the tunnels and drive the fighters from their underground refuge but also threaten Gaza’s water supply, U.S. officials said. The Israel Defense Forces finished assembling large seawater pumps roughly one mile north of the Al-Shati refugee camp around the middle of last month. Each of at least five pumps can draw water from the Mediterranean Sea and move thousands of cubic meters of water per hour into the tunnels, flooding them within weeks.

  • US aid chief arrives in Egypt with aid for Gaza, announces more aid for Palestinians

    U.S. aid chief Samantha Power arrived in Egypt's Sinai Peninsula on Tuesday, where she announced more than $21 million in additional assistance for the Palestinian people affected by the conflict between Israel and Islamist group Hamas. The USAID administrator arrived in Al Arish with a delivery of 36,000 pounds of food assistance and medical supplies airlifted by the Department of Defense from Jordan and intended for Gaza, according to a statement.

  • Libya’s NOC targets near zero gas flaring by 2030, says chairman

    Libya's National Oil Corporation (NOC) expects to achieve close to zero gas flaring by 2030, Chairman Farhat Bengdara said in a press conference at the COP28 summit on Tuesday. Bengdara added that NOC is aiming for an 83% reduction in gas flaring by 2030.

  • Al-Khateeb: Expo 2030 site designs completed under supervision of Crown Prince

    Minister of Tourism Ahmed Al-Khateeb said that the designs for the Expo 2030 site in Riyadh have been completed under the full supervision of Crown Prince and Prime Minister Mohammed bin Salman. Addressing a session titled “Investing in Sustainable Tourism” at the Saudi Green Forum 2023 in Dubai, he said that the Kingdom is fully confident that these designs will meet environmental standards and preserve heritage and history. Regarding the tourism sector, Al-Khateeb confirmed that the Kingdom has begun the process of preparing all tourism-related facilities, whether by increasing hotels or aircraft seat capacity, in addition to establishing a new airport in Riyadh that can accommodate 20 million passengers.

  • Saudi B2B E-Commerce Platform Retailo Raises $15 Million

    Retailo, a leading B2B digital distribution company in Saudi Arabia, has raised $15 million in funding to bolster its operations, expand into new verticals, and strengthen its presence within the country. The investment, which includes contributions from strategic investors such as Yusuf Bin Kanoo Group and Majd Digital, aims to support Retailo's unique approach to B2B digital distribution and its growing popularity among investors.

  • Jon Rahm’s mega-money move to Saudi-backed LIV ‘imminent’ and will be ‘announced this week’

    Jon Rahm will make a mega-money move to LIV golf in a deal that will shock the sport this week, according to reports. There has been mounting speculation that the Spaniard is leaving the PGA Tour for Saudi-backed LIV golf in a move that could earn him as much as a staggering $600million.