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  • 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 […]

     
  • 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 […]

     

MUST-READS

  • As Saudi pumps $133bn into global hub dream, is it now logistics-washing?

    But what has often been overlooked is that the desert kingdom is also pumping an estimated $133bn into logistics infrastructure and freight handling capacity as it seeks to diversify its economy and increase non-oil GDP. It’s aim is to become not only a regional, but a global logistics powerhouse, Dubai having had that field to itself for so long. Large-scale projects are in the offing in the maritime sector to upgrade ports and terminals – and to develop new gateways and introduce new trade routes. The aim is to more than quadruple the country’s annual container throughput, to 40m teu, by 2030.

  • Foster + Partners Designs Model Village for Saudi Arabian Pavilion at Expo 2025 Osaka

    Foster + Partners has been selected to design the Kingdom of Saudi Arabia’s pavilion for Expo 2025 Osaka. Positioned at the Yumeshima waterfront, the pavilion aims to evoke the essence of Saudi Arabian towns and cities while providing an engaging spatial experience. Overall, the design aims to immerse visitors through audio-visual elements and offer them a glimpse into the marvels of Saudi Arabia.

  • Jordan says it won’t sign energy and water exchange deal with Israel

    “We had a regional dialogue about regional projects. I think that all of this …, the war [has] proven, [it] will not proceed,” Jordanian Foreign Minister Ayman Safadi told Al Jazeera on Thursday, referring to the Israel-Hamas conflict. “We will not sign this agreement any longer. Can you imagine a Jordanian minister sitting next to an Israeli minister to sign a water and electricity agreement, all while Israel continues to kill children in Gaza?” asked the top diplomat of Jordan, which borders Israel to the east.

  • GCC countries to bolster global energy security, vows secretary-general

    The Gulf Cooperation Council countries are gaining recognition as key players in reinforcing global energy security, the organization’s secretary-general has said. Speaking at the 19th Manama Dialogue Conference titled “Regional Security Summit,” Jassim Al-Budaiwi emphasized the GCC’s role as a trusted global partner in the energy sector, the Saudi Press Agency reported on Sunday. “Energy security occupies a prominent place in the policies of the GCC countries,” he said. Organized by Bahrain’s Ministry of Foreign Affairs, in collaboration with the International Institute for Strategic Studies, the summit convened from Nov. 17-19 in Manama.

  • Yemen’s Houthi rebels hijack an Israeli-linked ship in the Red Sea and take 25 crew members hostage

    Yemen’s Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route Sunday and took its 25 crew members hostage, officials said, raising fears that regional tensions heightened over the Israel-Hamas war were playing out on a new maritime front.

  • Saudi Arabia, India and Indonesia Set To Be 2024’s Fastest Growing Global Economies

    Saudi Arabia will be among the world’s fastest growing economies in 2024, according to a note published by credit ratings agency Moody’s this week, with Kingdom’s GDP growth forecast to expand by 4.6% next year. This means that the Gulf’s biggest economy will be among the three top fastest growing countries in the world next year, with only India and Indonesia set to expand faster. These two latter nations are respectively expected to grow at 6.2% and 5% each next year. Saudi Arabia also ranks ahead of the likes of Sub-Saharan Africa (4.5%), China (4%), Asia-Pacific (4 per cent) and Central Europe (3.7%) in terms of growth forecasts for next year.

  • Saudi Arabia’s Al-Ittihad appoint Argentine Gallardo as new manager

    Saudi champions Al-Ittihad have named Argentine Marcelo Gallardo as coach through to 2025 following the sacking of Nuno Espirito Santo, the club said on Saturday. Gallardo returns to management after leaving River Plate last year following an eight-year spell that saw him guide the team to 14 titles, including two Copa Libertadores, making him the club's most successful coach.

  • Saudi intensifies investments in tourism talents

    The Ministry of Tourism had earlier allocated US$100 million to the Tourism Pioneers programme, which enabled 100,000 young people from its second-largest city, Jeddah to study at top institutions in France, Spain, Italy, Switzerland, the UK and Australia in 2022. On completion, participants will be equipped to “secure employment opportunities in leading hospitality companies in the Kingdom,” to help “create a skilled and ambitious workforce to support the tourism sector,” said the ministry in a statement.

  • Saudi intensifies investments in tourism talents

    The Riyadh School of Tourism and Hospitality, set to open in 4Q2024, is co-founded by the tourism ministry and Riyadh-based entertainment mega project Qiddiya in collaboration with the UNWTO. The institute will offer a range of educational programmes, from diplomas to Master’s degrees, and intends to welcome 25,000 students annually by 2030.

  • Boeing aims to ‘stabilize’ defense business as it pitches Mideast countries

    The Dubai Air Show opened with a whopping win for the company’s commercial business: a $52 billion purchase of widebody airliners from Emirates, followed by other orders, including a rebuy of 737 Maxes by Ethiopian Airlines. And on the defense side, NATO announced yesterday that it would buy six Boeing surveillance aircraft, the E-7 Wedgetail, marking another international win for the program. That all came just weeks after the company told investors that its defense business was proving harder to turn around than expected amid high-profile program delays and losses on fixed-price contract