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  • Foreign Military Sales Keep Production Lines Hot
     

    “Partnership building is part of one of the largest benefits that we see,” Hunt said. “It’s building and maintaining friendships, it’s about building allies. United States Central Command, or CENTCOM, is obviously a very busy place for the United States now. The more that we can help those countries not only defend, but operate amongst […]

     
  • SEC unveils SR452b projects
     

    The Saudi Electricity Company (SEC) has allocated SR452 billion to implement energy projects until the year 2021 according to SEC Chairman of the Board of Directors Dr. Saleh Bin Hussein Al-Awaji. These projects will provide services consistent with international standards, including building up an adequate power at a peak time about 10 percent of combined capacity. The […]

     
  • 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 […]

     

MUST-READS

  • Russian President Vladimir Putin visits UAE, Saudi Arabia seeking to boost Moscow’s Mideast clout

    Russian President Vladimir Putin visited the United Arab Emirates on Wednesday before departing for Saudi Arabia in an one-day lightning tour intended to raise Moscow’s profile as a Middle East power broker even as his war Ukraine grinds on. Putin landed in Abu Dhabi, the capital of the Emirates, that is hosting the United Nations’ COP28 climate talks. It was his first trip to the region since before the coronavirus pandemic and the 2022 invasion of Ukraine.

  • Saudi Arabia Revenues Surprise by Topping Expectations Despite Oil Cuts

    Saudi Arabia recorded higher budget revenues than expected this year despite a sharp drop in oil prices and production. Still, a ramp-up in spending on Crown Prince Mohammed bin Salman’s multi-trillion-dollar plan to diversify the economy left the budget with a deficit of 82 billion riyals ($22 billion), according to official figures published on Wednesday.

  • Saudi Arabia urges US restraint as Houthis attack ships in Red Sea

    Saudi Arabia has asked the United States to show restraint in responding to attacks by Yemen's Houthis against ships in the Red Sea, two sources familiar with Saudi thinking said, as Riyadh seeks to contain spillover from the Hamas-Israel war. The Iran-aligned Houthis have waded into the conflict that has spread around the Middle East since war erupted on Oct. 7, attacking vessels in vital shipping lanes and firing drones and missiles at Israel itself.

  • Israeli forces storm Khan Younis in south Gaza, killing scores of Palestinians

    Israeli forces stormed southern Gaza's main city on Tuesday in what they called the most intense day of combat in five weeks of ground operations against Hamas militants, and hospitals struggled to cope with scores of Palestinian dead and wounded. In what appeared to be the biggest ground assault in Gaza since a truce with Hamas unravelled last week, Israel said its forces - which were backed by warplanes - had reached the heart of Khan Younis.

  • Israel Weighs Plan to Flood Gaza Tunnels With Seawater

    Israel has assembled a system of large pumps it could use to flood Hamas’s vast network of tunnels under the Gaza Strip with seawater, a tactic that could destroy the tunnels and drive the fighters from their underground refuge but also threaten Gaza’s water supply, U.S. officials said. The Israel Defense Forces finished assembling large seawater pumps roughly one mile north of the Al-Shati refugee camp around the middle of last month. Each of at least five pumps can draw water from the Mediterranean Sea and move thousands of cubic meters of water per hour into the tunnels, flooding them within weeks.

  • US aid chief arrives in Egypt with aid for Gaza, announces more aid for Palestinians

    U.S. aid chief Samantha Power arrived in Egypt's Sinai Peninsula on Tuesday, where she announced more than $21 million in additional assistance for the Palestinian people affected by the conflict between Israel and Islamist group Hamas. The USAID administrator arrived in Al Arish with a delivery of 36,000 pounds of food assistance and medical supplies airlifted by the Department of Defense from Jordan and intended for Gaza, according to a statement.

  • Libya’s NOC targets near zero gas flaring by 2030, says chairman

    Libya's National Oil Corporation (NOC) expects to achieve close to zero gas flaring by 2030, Chairman Farhat Bengdara said in a press conference at the COP28 summit on Tuesday. Bengdara added that NOC is aiming for an 83% reduction in gas flaring by 2030.

  • Al-Khateeb: Expo 2030 site designs completed under supervision of Crown Prince

    Minister of Tourism Ahmed Al-Khateeb said that the designs for the Expo 2030 site in Riyadh have been completed under the full supervision of Crown Prince and Prime Minister Mohammed bin Salman. Addressing a session titled “Investing in Sustainable Tourism” at the Saudi Green Forum 2023 in Dubai, he said that the Kingdom is fully confident that these designs will meet environmental standards and preserve heritage and history. Regarding the tourism sector, Al-Khateeb confirmed that the Kingdom has begun the process of preparing all tourism-related facilities, whether by increasing hotels or aircraft seat capacity, in addition to establishing a new airport in Riyadh that can accommodate 20 million passengers.

  • Saudi B2B E-Commerce Platform Retailo Raises $15 Million

    Retailo, a leading B2B digital distribution company in Saudi Arabia, has raised $15 million in funding to bolster its operations, expand into new verticals, and strengthen its presence within the country. The investment, which includes contributions from strategic investors such as Yusuf Bin Kanoo Group and Majd Digital, aims to support Retailo's unique approach to B2B digital distribution and its growing popularity among investors.

  • Jon Rahm’s mega-money move to Saudi-backed LIV ‘imminent’ and will be ‘announced this week’

    Jon Rahm will make a mega-money move to LIV golf in a deal that will shock the sport this week, according to reports. There has been mounting speculation that the Spaniard is leaving the PGA Tour for Saudi-backed LIV golf in a move that could earn him as much as a staggering $600million.