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  • US and Saudi team up for renewable energy projects
     

    The United States and Saudi Arabia are prepared to sign a number of deals related to the establishment of investment and service projects depending on renewable energy resources, Arab News reported. US Assistant Secretary of Commerce for Manufacturing and Services, Nicole Lamb, said the US would support the Kingdom on its drive to develop clean […]

     
  • The arms spending map of the world
     

    How much do countries spend on their militaries? This data from the Stockholm International Peace research Institute shows the world in arms spending – both in dollars over time and as a percentage of GDP.

     
  • Major Banks Expanding in Saudi Arabia
     

    “We’d be crazy to limit ourselves to a handful of bankers when we can see oil prices are going to sustain the Saudi economy for the foreseeable future,” Rory Gilbert, the head of Middle East and North Africa at London-based Barclays’s wealth management unit, said in an interview this week in Dubai. “In four or […]

     
  • A Nuclear Iran: CNN
     

    What do we really know about the Iranian nuclear threat?  Iran says it wants the right to have its peaceful nuclear program formally recognized.  But from the outside, Iran has long given the impression it has something to hide.  And fear that Iran may soon have the capability to build a nuclear weapon, has spurred […]

     
  • Saudi ‘tops in mobile users’
     

    Saudi Arabia has the highest proportion of mobile phone users in the world with 188 per cent, followed by Vietnam and Oman in the second and third places respectively, according to a recent study. The study which was conducted by the United Nations Conference on Trade and Development (UNCTAD) indicated that this percentage is by far […]

     
  • The Menu of Options in the Iranian Nuclear Talks
     

    For the first time in more than a year and a half, negotiators from Iran and the so-called P5+1 countries – the five permanent members of the United Nations Security Council, the U.S., Russia, China, France and England, plus Germany – will sit down with their Iranian counterparts this Friday in Istanbul to talk about […]

     
  • Saudi Defense Minister Prince Salman Visits Pentagon, White House
     

    Saudi Defense Minister Prince Salman bin Abdul Aziz held talks at the Pentagon on Wednesday that focused on the crisis in Syria, hours before a ceasefire deadline was due to expire. The Saudi defense chief later held talks with President Barack Obama in the Oval Office.

     
  • Saudi Arabia & the GCC – post ‘Arab Spring’: Obaid
     

    This week Mr. Nawaf Obaid, former strategic adviser to Prince Turki Al-Faisal, presented a briefing titled, “Saudi Arabia & the GCC in a Post ‘Arab Spring’ Environment” at the Harvard Kennedy School of Government as part of a program examining responses among GCC states to the “Arab Spring” turmoil that started early last year. Obaid […]

     
  • Al-Rabiah moves to push foreign trade and investment
     

    Commerce and Industry Minister Tawfiq Al-Rabiah yesterday opened a major workshop for the development of Saudi commercial attaches as part of the ministry’s efforts to promote trade and investment relations with foreign countries. The workshop attended by top officials from related departments and agencies discussed ways to improve the performance of Saudi commercial attaches abroad […]

     
  • Graphic: The Rise of Saudi Oil Consumption
     

    Saudi Arabia uses as much oil per person as America, largely to run oil-fired power plants to run domestic air conditioners. And the more of its oil siphoned off for such uses, the less cushion there is in the worlds oil supply. Thats a big problem now but is becoming less of one. America and […]

     

MUST-READS

  • Why Are Oil Prices Falling While War Rages in the Middle East?

    A main reason, analysts say, is that the fighting, no matter how vicious, has produced little disruption to petroleum supplies, leading traders to conclude that there is no immediate threat.

    “While traders realize there is an increased risk, that hasn’t led to a lot of precautionary buying,” said Richard Bronze, head of geopolitics at Energy Aspects, a London-based market research firm.

  • US forces under fire in Middle East as America slides towards brink

    A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict.

    The drone, which was launched at the Erbil air base by an Iranian-backed militia before sunrise on Oct. 26, penetrated U.S. air defenses and crashed into the second floor of the barracks housing American troops at about 5 a.m, according to two U.S. officials familiar with the matter.

  • Opinion: Saudis Find a Bottomless Money Pit in Lucid

    While it hasn’t yet lost money, the nearly $800 billion sovereign wealth fund can’t be satisfied. Lucid is miles away from becoming cash-flow positive, meaning Riyadh will have to keep propping it up with equity and loans.

  • Saudi crown prince calls for end of war in Gaza

    Saudi Arabia's crown prince called on Friday for an end to the war in Gaza. "We condemn what the Gaza Strip is facing from military assault, targeting of civilians, the violations of international law by the Israeli occupation authorities," Crown Prince Mohammed Bin Salman said during an African-Saudi summit held in the kingdom's capital, Riyadh "We stress on the need to stop this war and the forced displacement of Palestinians."

  • Saudi campaign to boycott TikTok spreads to private sector

    The “Boycott TikTok” hashtag has been trending in Saudi Arabia this week  after social media users said their accounts were suspended or their videos deleted. According to media reports, the TikTok account of a Palestinian man was removed on Friday after posting a video praising Saudi aid for the Palestinians amid the ongoing Hamas-Israel war. R

  • First Saudi plane, carrying 35 tons of relief supplies for Gaza, leaves for Arish, Egypt

    The first Saudi relief plane, carrying 35 tons of relief supplies meant for Palestinians in the besieged Gaza Strip, took off from King Khalid International Airport in Riyadh, heading to Arish International Airport in the North Sinai Governorate of Egypt. The relief aid will be transported to those afflicted by the ongoing Israeli aggression in Gaza. The cargo plane carries on board various relief supplies and shelter materials. This was part of the Saudi popular campaign to succor the Palestinian people in Gaza in line with the directives of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman. The King and the Crown Prince ordered last Thursday the King Salman Humanitarian Aid and Relief Centre (KSrelief) to launch the popular fundraising campaign through its Sahem platform.

  • UAE to deliver government services shake-up by 2024

    The Zero Government Bureaucracy programme announced on Wednesday is intended to build on the Smart Government initiative launched in 2013 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

    It is also part of the We Are the Emirates 2031 vision, as well as UAE Centennial 2071 goal, which is aimed at strengthening soft power, building Emirati values and ethics for future generations, improving productivity and community cohesion.

  • Saudi Arabia Confirms Boom Supersonic Investment

    Although no details of the NIF investment have been disclosed, Boom says the Saudi group forms part of a recently closed financing round which brings the company’s total funding to more than $700 million. Boom expects the Middle East, and Saudi Arabia in particular, to be a key player in the supersonic market for which it is developing the Mach 1.7 Overture airliner.

  • Saudi football ‘charm offensive’ arrives in Iraq

    In front of a raucous crowd in Erbil, underdog Iraqi club Al-Quwa Al-Jawiya has soundly defeated visiting Saudi side Al-Ittihad. The Nov. 6 game, an Asian Football Confederation (AFC) Champions League clash, was held at Franso Hariri Stadium in the capital of Iraqi Kurdistan. “The game and the atmosphere are beautiful,” Ali Al-Amir, a 21-year-old from Baghdad’s Karrada neighborhood, told Amwaj.media. Both Iraqi and Kurdish flags were in abundance around the crowd, along with Jawiya’s blue banners. Vendors worked the stands selling cups of pomegranate seeds and datil, Iraq’s version of the churro.

  • Saudi FM stresses need for immediate ceasefire in Gaza after meeting Jordanian and British counterparts

    Prince Faisal stressed Saudi Arabia's position, which rejects targeting of civilians in any manner and underlines the importance of reaching an immediate cessation of military escalation. The Saudi foreign minister also stressed the necessity of lifting the siege on Gaza, as well as securing safe corridors for the entry of relief and humanitarian aid to civilians.