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  • 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 […]

     
  • 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 […]

     
  • 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 […]

     
  • 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.

     
  • 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 […]

     
  • 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.    

     
  • Jadwa Saudi Chartbook – March 2012 – Trade
     

    According to Jadwa Investment’s March 2012 Chart Book,  “Non-oil exports hit a new all-time high in December owing to greater production of petrochemicals and plastics. Imports also jumped that month and data on letters of credit issued for imports suggest further rises are likely in the months ahead.”  

     

MUST-READS

  • Saudi Summit Eyes Strengthening Partnership with the Caribbean

    Riyadh hosts on Thursday the inaugural Saudi-Caribbean Summit, a landmark event aimed at fortifying partnerships and opening new avenues for collaboration between the Kingdom and the region. The Summit tackles cooperation in economics, investment, trade, tourism, and more. Heads of state, presidents and senior officials of CARICOM (Caribbean Community and Common Market) countries started arriving on Wednesday in Riyadh to attend the Summit, which will be co-chaired by Saudi Crown Prince and Prime Minister Mohammed bin Salman and Prime Minister of Dominica and Chairman of CARICOM Roosevelt Skerrit.

  • Monsha’at leads delegation of Saudi startups at Web Summit 2023

    Held from 13 to 16 November 2023 — in Lisbon, Portugal — the event provided Monsha'at the opportunity to spotlight Saudi Arabia's most innovative SMEs. The authority led a delegation of Saudi start-ups, calling attention to their success and contributions to the national economy. Moreover, the event provided a platform for industry leaders, including policymakers, heads of state, and tech CEOs and founders, to address global challenges.

  • Saudi Pro League spending to focus on ‘highest quality’ players

    Saudi Pro League (SPL) clubs will only attempt to sign players of the "highest level" to join up with Cristiano Ronaldo, Neymar and Karim Benzema in January after their £784 million ($972m) summer spending spree left the teams with "what they need," according to SPL director of football Michael Emenalo. With the January transfer window looming, Saudi teams have already been linked with moves for Manchester United's Jadon Sancho and Raphaël Varane, while champions Al Ittihad are expected to return with a new bid for Mohamed Salah after having a £150m bid for the Liverpool forward rejected in September.

  • Anthony Joshua set to fight Otto Wallin in Saudi Arabia. Deontay Wilder will be on same card

    Former two-time world heavyweight champion Anthony Joshua will face Otto Wallin of Sweden on Dec. 23 in Saudi Arabia, promoters said Wednesday. The date was initially set for an undisputed heavyweight showdown between Tyson Fury and Oleksandr Usyk but that bout was postponed after Fury barely beat Francis Ngannou last month. Deontay Wilder, who lost his WBC belt to Fury in 2020, is scheduled to fight former champion Joseph Parker on the undercard next month in Riyadh.

  • Bechtel Partners with the Saudi Women Engineers Society

    The new partnership will support Saudi’s Vision 2030 goal to empower women in the region by increasing career opportunities, including development and training, for women in the workforce. “Bringing more diverse talent into the engineering and STEM fields in Saudi Arabia is crucial to delivering on Vision 2030's goals,” said Abdul-Rahman Al-Ghabban, president of Saudi Arabian Bechtel Company (SABCO) and regional manager for the Middle East Region at Bechtel. “Bechtel is partnering with SWES with the goal of inspiring more women in Saudi Arabia – and around the world – to pursue engineering careers and to become future leaders in our industry.”

  • Bechtel in new initiative to promote construction jobs for women in Saudi Arabia

    US-based engineering and construction firm Bechtel has launched a new partnership with Saudi Women Engineers Society (SWES) to promote construction careers for women in Saudi Arabia. Bechtel said it would support not-for-profit SWES with professional development, skills enhancement, and career advancement opportunities for Saudi national women engineers. It said the new partnership was in support of Saudi’s Vision 2030 goal to empower women in the region by increasing career opportunities, including development and training, for women in the workforce.

  • From heritage to horizon: Saudi Expo 2025’s pavilion unveiled in Osaka gala

    Saudi Arabia took center stage at the Expo 2025 Osaka International Participants Meeting with a Cultural Gala dinner held at Osaka’s River Dojima Forum. The event, under the patronage of Minister of Culture Prince Bader Bin Farhan, served as the platform to reveal the pavilion design and logo for Expo 2025 Osaka. Dignitaries, including Mayor of Osaka Hideyuki Yokoyama, and government delegates from Japan and Saudi Arabia, alongside officials from other participating countries, attended the gala that celebrated the enduring relationship between the two nations.

  • Saudi Aramco Starts Tight Gas Production At South Ghawar Field

    Saudi Aramco has produced the first unconventional tight gas from its South Ghawar field, the world’s largest oil firm said this week as it seeks to boost its natural gas output by more than half by 2030. The facilities at South Ghawar have a raw gas processing capacity of 300 million standard cubic feet per day (scfd) and a condensate processing capacity of 38,000 barrels per day (bpd), the Saudi state oil giant said. To meet rising natural gas demand, Aramco plans to more than double the overall processing capacity and achieve South Ghawar’s goal of delivering 750 million scfd of raw gas in the near future.

  • The Gulf’s Growing Influence Over the Maldives

    The Persian Gulf has long-standing connections with the Indian Ocean, with maritime routes from the Straits of Hormuz to the Straits of Malacca being vital to the global energy trade. Western powers have traditionally viewed the Gulf as a strategic gateway to the Indian Ocean. This is reflected in the U.S. Central Command’s regional headquarters located in Doha, Qatar, and the U.S. Fifth Fleet’s base in Bahrain.

  • Insight: Iran’s ‘Axis of Resistance’ against Israel faces trial by fire

     Iran's supreme leader delivered a clear message to the head of Hamas when they met in Tehran in early November, according to three senior officials: You gave us no warning of your Oct. 7 attack on Israel and we will not enter the war on your behalf.

    Ayatollah Ali Khamenei told Ismail Haniyeh that Iran - a longtime backer of Hamas - would continue to lend the group its political and moral support, but wouldn't intervene directly, said the Iranian and Hamas officials with knowledge of the discussions who asked to remain anonymous to speak freely.