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  • Internet in the Middle East Still Short of Its Potential
     

    Last week’s third ArabNet conference for digital entrepreneurs in the MENA region was, by the standard of these things, a modest affair. But nonetheless it showed how the regional digital economy has grown, and how it is poised to take off. As one commentator said: “Jordan for the talent, Lebanon for the creativity, Egypt for […]

     
  • Critical Commercial and Economic Ties: Interview with Jose Fernandez
     

    The 2nd US-Saudi Business Opportunities Forum in Atlanta in December brought together a high level delegation of over 200 Saudi officials and business people with over 1000 Americans to explore the $1 trillion-plus commercial openings available in the coming decade in the Kingdom. The response to the Forum – and what it means for American investment and […]

     
  • Saudi to maintain oil supply if U.S. draws stocks
     

    Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said. U.S. Secretary of State Hillary Clinton on Saturday in Riyadh sought an assurance from Saudi King Abdullah that the kingdom […]

     
  • 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 […]

     
  • 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, […]

     

MUST-READS

  • Saudi Industry Minister: Percentage of National Products in Some Retail Stores Reaches 70%

    The largest local stores in the Kingdom began to allocate spaces within their distribution points and branches to highlight national products with the identity of the “Made in Saudi Arabia” Program to enhance the sale of local products and make them a preferred option for consumers, SPA said.

  • Yemen’s Houthis must act on Taiz to show commitment to truce, minister says

    War-scarred Yemen's internationally recognised government accused the Iran-aligned Houthi movement on Monday of failing to reopen roads to the besieged city of Taiz, a key element of a truce agreed between them. Yemen's warring parties, who have traded accusations of non-compliance with the two-month U.N.-brokered truce, agreed last week to renew it for a further two months.

  • Advanced plan ready for ritual of kissing Black Stone; prayer in Hijr Ismail

    It is noteworthy that Hijr Ismail is considered as part of the Holy Kaaba. It is part of the Hateem, which is the crescent shaped area immediately adjacent to the Holy Kaaba. Hijr Ismail was the place where Prophet Ibrahim (may God be pleased with him) constructed a shelter for his son Ismail and his wife Hajrah. It must be noted that an area of approximately three meters adjacent to the wall on the side of the Hateem actually constitutes as being part of the Kaaba while the rest falls outside Islam’s holiest shrine. It is a Sunnah to perform voluntary prayer inside Hijr Ismail.

  • Saudis open airspace to more flights serving Israel

    Cathay Pacific and Air Seychelles have overflown Saudi Arabia for Israel flights for the first time, aviation data showed on Thursday, after Riyadh announced last month it would open its airspace to all airlines, paving the way for more overflights to and from Israel. Opening Saudi airspace to flights to and from Israel was a focus of U.S. President Joe Biden's tour of the countries, which do not have formal ties, last month. Riyadh agreed in principle. Israel said implementation could take weeks or more.

  • Ukraine seeks to extend shipping safe passage deal beyond grain

    Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia's invasion was due in Ukraine later in the day to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals. The July 22 deal marked a rare diplomatic breakthrough as war rages in eastern Ukraine, with Kyiv trying to rebuild its shattered economy after more than five months of conflict.

  • Pioneering Saudi female train drivers embark on their first journeys

    According to Spanish company Renfe, the largest shareholder in the consortium managing the high-speed line between Mecca and Medina, the 31 women will be joining experienced train drivers in the cab for the coming five to six months as part of the second phase of their training. Since the training programme first began in March, the group has completed 483 hours worth of theoretical training, including basic railway knowledge, traffic and safety regulations, as well as technical courses. Renfe and the Saudi Railway Politechnic (SRP) are responsible for the training effort and together have trained more than 130 Saudi nationals over the past nine years.

  • Saudis open airspace to more flights serving Israel

    athay Pacific and Air Seychelles have overflown Saudi Arabia for Israel flights for the first time, aviation data showed on Thursday, after Riyadh announced last month it would open its airspace to all airlines, paving the way for more overflights to and from Israel. Opening Saudi airspace to flights to and from Israel was a focus of U.S. President Joe Biden's tour of the countries, which do not have formal ties, last month. Riyadh agreed in principle. Israel said implementation could take weeks or more

  • Saudi Arabia Raises Oil Prices Into Record Territory For Asia

    Saudi Arabia raised oil prices for buyers in Asia to record levels, a sign the world’s largest exporter sees the region’s market remaining tight. Despite indications that slowing economies are starting to hit global demand for crude, state producer Saudi Aramco increased its Arab Light grade for next month’s shipments to Asian refineries to $9.80 a barrel above the Middle Eastern benchmark. That’s 50 cents more than in August.

  • UAE, Saudi thunderstorms: Experts explain the reason behind the GCC’s wet weather

    “What we are experiencing now in the UAE, and in areas of Oman and Saudi Arabia, is referred to as the Indian monsoon low that carries a humid weather pattern eastwards over the ocean, exerting a low-pressure system in the upper atmosphere that causes convective clouds that ultimately reach over the eastern mountains and move into the UAE bringing rain,” Habib told Al Arabiya English.

  • UAE, Saudi thunderstorms: Experts explain the reason behind the GCC’s wet weather

    In an interview with Al Arabiya English, Ahmed Habib, of the UAE’s National Center of Meteorology (NCM), has warned that the region should prepare for more rainfall in August as seasonal changes in the Intertropical Convergence Zone (ITCZ) – the region that circles the Earth, near the equator, where the trade winds of the Northern and Southern Hemispheres come together – are behind the unusual summer climate.