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  • Secretary of State Clinton to Visit Saudi on Friday and Saturday
     

    Clinton will be in Saudi Arabia’s capital of Riyadh Friday and Saturday. There, she’ll meet with Saudi King Abdullah and participate in an event dedicated to the “strategic cooperation” between the U.S. and Gulf Arab states. Washington and many of its allies say Syrian President Bashar Assad has lost all legitimacy in a year of […]

     
  • 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 […]

     
  • 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 […]

     
  • Saudi Aramco Rethinks Global Communications Strategy
     

    Saudi Aramco, the world’s largest oil company, is rethinking its global communications strategy as it undertakes an ambitious corporate transformation. The company is understood to be actively seeking public relations agency support across a wide range of areas, including media relations, internal communications, and event management. The review covers Saudi Aramco’s operations in the Gulf, North […]

     
  • Top-10 ranking in sight for Tadawul
     

    Saudi Arabia’s stock exchange is expected to quickly rank among the world’s 10 most active markets if it opens up to international investors.

     
  • 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%).

     

MUST-READS

  • First Saudi woman to participate in international beauty pageant: ‘Believe in God, in yourself, set a goal, and everything will come to you’

    Rahaf Al-Harbi became the first Saudi contestant at the Miss Europe Continental pageant in Napoli last year, an experience that brought her widespread recognition and prompted the fashion industry to take her more seriously, she told “The Mayman Show.” Al-Harbi said it was difficult to be accepted into the competition, as one of the prerequisites was prior experience in similar local and regional activities, which did not exist in Saudi Arabia at the time. Now, she has bigger ambitions.

  • Why Saudi Arabia is The Goldmine for Global Entrepreneurs

    Saudi Arabia is young. Over half its population is under 30, making it a vibrant, tech-savvy, digitally connected consumer market. This burgeoning demographic is increasingly global in its outlook and consumption patterns. For businesses, this translates into a potent market hungry for innovative products, new-age services and novel experiences.

  • Perspective: Iranian-Saudi deal: They didn’t do it for love

    Tehran and Riyadh did not sign the diplomatic agreement in Beijing after almost two years of Iraqi- and Omani-facilitated mediation out of mutual love. Instead, the deal resulted from their respective interests in détente at a particular time. Ultimately, hostilities between the two regional powers over the past decade were not serving either side. Rather than continuing down the path of steadily mounting tension, Tehran and Riyadh both saw a “cold peace” as their best option, albeit for different reasons.

  • Saudi Arabia’s unemployment rate drops to 4.8 pct, youth unemployment halved: IMF

    The total rate of unemployment in the Kingdom dropped to 4.8 percent by the end of 2022 from nine percent during COVID-19, reflecting an increase in Saudi workers in the private sector as well as expatriate workers – mainly in the construction and agricultural sectors – returning to above pre-COVID levels.

  • Saudi Arabia’s unemployment rate drops to 4.8 pct, youth unemployment halved: IMF

    The total rate of unemployment in the Kingdom dropped to 4.8 percent by the end of 2022 from nine percent during COVID-19, reflecting an increase in Saudi workers in the private sector as well as expatriate workers – mainly in the construction and agricultural sectors – returning to above pre-COVID levels.

  • Saudi Aramco awards major EPC contracts for $10bn Jafurah expansion project

    Jafurah represents the largest shale gas reserve in the Middle East, notable for its high content of liquid resources, including condensates and Natural Gas Liquids (NGL). Beneath the Jafurah basin, there is an estimated 200 trillion standard cubic feet (scf) of natural gas, a valuable resource that holds the potential to contribute to emissions reduction efforts and serve as a critical feedstock for the production of lower-carbon future fuels.

  • Unveiling Saudi Arabia’s Remarkable Journey in Sustainability, and Importance of SDG in the Communications Sector

    Aramco announced in Oct 2022 the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition. It was unveiled at the sixth edition of the Future Investment Initiative (FII) and is among the largest sustainability-focused venture capital funds globally.

  • How Saudis quietly built influence at Spain’s Telefonica

    STC is 64% owned by Saudi Arabia's Public Investment Fund (PIF), the main engine of Crown Prince Mohammed bin Salman's Vision 2030 effort to build stakes in a variety of global companies and wean the Saudi economy off its dependence on the oil that made it one of the world's richest nations. STC hopes the ties with Telefonica will help it develop digital cities in Saudi Arabia, importing technological know-how from countries like Spain, according to a person who had advised the company.

  • How Saudis quietly built influence at Spain’s Telefonica

    STC had spent months building its 2.1 billion-euro ($2.25 billion) stake, said the people, requesting anonymity because of the sensitivity of the matter. The move is a vote of confidence in Telefonica, burdened by billions of dollars in debt while STC gains expertise to modernize Saudi telecoms infrastructure.

  • COP28 needs to show action not words for business, finance leaders

    Less talk and more action on decarbonising the energy system should be the main focus of world leaders at the next round of climate talks, speakers at the Reuters IMPACT conference said. November's COP28 conference in Dubai is seen as a crucial opportunity for governments to accelerate action to limit global warming and preserve nature, yet to-date most countries are nowhere close to reaching net-zero carbon emissions.