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  • 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 […]

     
  • Geithner welcomes Saudi oil pledge
     

    U.S. Treasury Secretary Timothy Geithner said he welcomed Saudi Arabia’s pledge to continue to make sure oil supplies are sufficient to meet demand.

     
  • Opportunities in Water Production
     

    Saudi Arabia will increase by almost double its desalinated water production over the next three years according to the governor of the Saline Water Conversion Corporation (SWCC) who said the daily water production will rise from the current 3.3 million cubic meters to about 6 million. SWCC’s HR General Manager, Abdul Latif Al-Harkan, was a […]

     
  • Car-nage
     

    In his weekly piece for Arab News, Abdulateef Al-Mulhim takes a look at the extraordinary toll exacted on Saudi roads. With well-engineered roads and streets and access to the latest and safest automobiles, he says, Saudi Arabia still leads the world in highway fatalities. He offers a few ideas about how to gain control over […]

     
  • American Public Opposes Israel Striking Iran
     

    A new poll finds that only one in four Americans favors Israel conducting a military strike against Iran’s nuclear program. Seven in ten (69%) favor the US and other major powers continuing to pursue negotiations with Iran, a position that is supported by majorities of Republicans (58%), Democrats (79%) and Independents (67%).

     
  • Jadwa Saudi Chartbook – March 2012 – Banking
     

    Bank deposits rose for the fifth consecutive month in January, with demand deposits accounting for the entire rise to reach almost 60 percent of total bank deposits. Bank excess deposits at SAMA remained very high, giving scope for further lending growth.    

     
  • What to Know About the TASI Opening
     

    Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time. The initial step toward this action was to give other GCC countries the right to invest […]

     

MUST-READS

  • Saudi Arabia Raises Oil Prices Into Record Territory For Asia

    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 than in August.

  • MENA bucks global IPO slowdown raising over $13 billion in first half of 2022

    “MENA IPO activity continues to defy global trends and remains a bright spot in a challenging market. The number and value of deals in the second quarter of this year confirms that investors still have an appetite for growth, yield and diversification, explained EY MENA’s strategy and transactions leader Brad Watson.

  • MENA bucks global IPO slowdown raising over $13 billion in first half of 2022

    “MENA IPO activity continues to defy global trends and remains a bright spot in a challenging market. The number and value of deals in the second quarter of this year confirms that investors still have an appetite for growth, yield and diversification, explained EY MENA’s strategy and transactions leader Brad Watson.

  • Where Does al-Zawahri’s Death Leave al-Qaida?

    Evidence suggests al-Qaida’s presence as a global movement will survive al-Zawahri’s death, just as it did bin Laden’s. The network has seen a number of recent successes. Longtime allies the Taliban successfully took control of Afghanistan with help from al-Qaida in the Indian Subcontinent – an affiliate which is now expanding its operations in Pakistan and India. Meanwhile, affiliates across the African continent – from Mali and the Lake Chad region to Somalia – remain a threat, with some expanding beyond their traditional areas of operation. Other affiliates, like the group’s Yemen-based al-Qaida in the Arabian Peninsula, remain loyal to the core and, according to the U.N. monitoring team, are keen to revive overseas attacks against the U.S. and its allies.

  • Phil Mickelson, other LIV golfers file antitrust suit against PGA Tour

    Unlike some of the other players who left for LIV Golf, the 11 players who filed the lawsuit — Phil Mickelson, Bryson DeChambeau, Talor Gooch, Hudson Swafford, Matt Jones, Ian Poulter, Abraham Ancer, Carlos Ortiz, Pat Perez, Jason Kokrak and Peter Uihlein — have not forfeited their PGA Tour memberships, meaning they still hoped to play on both tours. But the PGA Tour did not give them permission to play in LIV tournaments and issued multiple-year suspensions after they did so.

  • Iran’s Intelligence Minister Vows to Retaliate Against Countries “Assisting Enemies of the Iranian Nation” 

    Iran’s relations with the autonomous Kurdistan region of Iraq are likely to turn from bad to worse. So much is clear after Iranian Intelligence Minister Esmaeil Khatib’s recent warning to neighboring states against assisting Israel in operations against Iran. Iranian media reports preceding the intelligence minister’s statements suggest high probability of Iranian retaliation in the near future:

  • ESG investments gain momentum in Middle East

    Investments adhering to environmental, social and governance (ESG) criteria are capturing increasing interest in the Middle East. A 2020 survey carried out by multinational bank HSBC revealed that 41% of regional investors wished to adopt an effective ESG investment policy. A May 2022 PWC report confirmed this trend, adding that Middle Eastern companies' top three sustainability priorities are diversity and equality, climate change and safety.

  • In pictures: How Cairo’s mosques tell Egypt’s history

    No vista of Cairo would be complete without the minarets and domes of the city's hundreds of mosques dotting the skyline. Each house of worship has a story to tell, and many bear witness to pivotal moments in Egypt's history. The Muslim conquest of Egypt began under the Rashidun caliphate in the mid-seventh century. Forces led by Amr ibn al-Aas defeated the Byzantines who had ruled the region for centuries, opening up the rest of North Africa to the Arabs.

  • In pictures: How Cairo’s mosques tell Egypt’s history

    No vista of Cairo would be complete without the minarets and domes of the city's hundreds of mosques dotting the skyline. Each house of worship has a story to tell, and many bear witness to pivotal moments in Egypt's history. The Muslim conquest of Egypt began under the Rashidun caliphate in the mid-seventh century. Forces led by Amr ibn al-Aas defeated the Byzantines who had ruled the region for centuries, opening up the rest of North Africa to the Arabs.

  • Turkey says ship carrying first Ukrainian grain on track for safe arrival

    The first ship carrying Ukrainian grain to world markets since Russia's invasion blocked exports more than five months ago is on track to safely arrive in Istanbul on Tuesday night, Turkey said, amid Ukrainian fears it could still run into problems. The vessel's departure on Monday from the Ukrainian port of Odesa for Lebanon via Turkey under a safe passage deal has raised hopes of further such departures which could help ease a burgeoning global food crisis.