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  • Not a Drop to Drink: The Global Water Crisis
     

    In the next twenty years, global demand for fresh water will vastly outstrip reliable supply in many parts of the world. Thanks to population growth and agricultural intensification, humanity is drawing more heavily than ever on shared river basins and underground aquifers. Meanwhile, global warming is projected to exacerbate shortages in already water-stressed regions, even […]

     
  • Petchem projects lead Saudi industrialization drive
     

    The Saudi project market continues to thrive. Latest data from Meed put the value of projects “planned or underway” at $745 billion in mid-April, around 13 percent higher than a year earlier. These figures need to be treated with some caution: The topline number is some 30 percent larger than the nominal size of the […]

     
  • USTR: Saudi Continues to Protect Intellectual Property Rights
     

    The Office of the U.S. Trade Representative on Monday released the 2012 Special 301 Report reviewing the intellectual property protection policies of foreign nations.  Saudi Arabia is not named on the “Watch List” again this year and has not been since a successful Out-of-Cycle Review in 2009 to resolve IP issues in cooperation with the […]

     
  • How Gulf Countries Are Splurging at Home
     

    Asa Fitch, writing in the Wall Street Journal, details the extent to which oil dollars are fueling economic growth “at home” for GCC countries: Booming oil prices are flooding Arab countries with money, but where the lion’s share of that wealth would once have been pumped into the world’s financial markets, much of it is […]

     
  • Island in the Gulf – A Film of Juraid Island
     

    One of the great joys of living in Saudi Arabia has always been the natural environment itself – the dunes, the jebals and especially the Gulf with its beaches, reefs and islands. For those lucky enough to visit Juraid Island, fifteen miles offshore from Jubail, the experience has always been unforgettable. A pristine island shaped […]

     
  • 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 […]

     
  • Journey of a lifetime
     

    To say that I was excited to be in the presence of such history would be an understatement. I had been looking forward to this trip for months and was absolutely beside myself. My purpose was to travel with my mother to Saudi Arabia to perform the Umrah, a mini version of the annual Hajj […]

     
  • Al-Qaida’s wretched utopia and the battle for hearts and minds
     

    Driving east out of Aden, we were just a few hundred metres past the last army checkpoint when we saw the black al-Qaida flag. It flew from the top of a concrete building that had been part-demolished by shelling. From here into the interior, all signs of control by the government of Yemen disappeared. This […]

     
  • Positive Steps: Interview with Saudi Minister of Finance Al Assaf
     

    The industrial sector is the real excitement for us, which is growing at a rate of 15 per­cent, which is not a joke. The other one is service sector, like the financial services or the restaurant and hotels or other services in the economy. A particular sector that we are excited about is the mineral […]

     

MUST-READS

  • Dani Speegle to champion women empowerment at first Saudi Arabia Sports Expo

    With CrossFit as her platform, Dani has been on a mission to make a positive impact beyond the sport – having also recently launched her "Girls Who Eat" campaign. Her call to change the narrative on women, including outdated beauty standards and old notions of what they're capable of in athletics and in life, has garnered international support.

  • Saudi tries its hand at rebuilding a ‘destroyed’ Yemen

    "Our goal is clear: a secure, stable and developed Yemen," the Saudi envoy, Mohammed al-Jaber, told AFP after a tour of Aden General Hospital, nearby apartment buildings and Aden's international airport -- all revamped under the kingdom's official Yemen development programme.

  • Saudi Arabia Doubles-Down on Investment in Electronic Arts

    Saudi Arabia’s sovereign wealth fund has increased its stake in Electronic Arts, building upon its massive $38 billion already invested in the video game industry. The Kingdom’s Public Investment Fund has increased its shares in Electronic Arts by 55%, going from owning 16.01 million shares to now 24.81 million shares, according to a financial filing observed by Seeking Alpha. EA’s sports titles include Madden NFL, EA Sports PGA Tour, NHL, F1, and FIFA—though future installments of the popular soccer series will be branded as EA Sports FC after EA and FIFA failed to agree to a new licensing agreement.

  • Arab foreign ministers meet ahead of Arab League summit in Saudi Arabia

    Arab foreign ministers met Wednesday in Saudi Arabia ahead of the Arab League's annual summit in the kingdom to discuss the upcoming gathering's agenda and draft resolutions. This year's summit, starting Friday in the city of Jeddah, will mark the readmittance of war-torn Syria into the 22-member league, after a 12-year suspension. Syria's membership was frozen following Syrian President Bashar Assad's brutal crackdown on the 2011 mass protests against his rule. The country quickly descended into a brutal civil war that has killed nearly half a million people and displaced half of the country’s pre-war population of 23 million.

  • White House: Iran and Russia in talks on more advanced drones; Pentagon steps up patrols to deter Iran harassment in Strait of Hormuz

    Iran and Russia are in discussions about Iran selling more advanced drones to Russia, the White House alleged on Monday, part of what it called an “unprecedented,” two-way Iranian/Russian military partnership. The U.S. allegations of deepening Iranian/Russian defense collaboration came as the Pentagon said it was stepping up patrols in the Strait of Hormuz to try to deter increasing Iranian harassment and seizure of maritime vessels.

  • Saudi tries its hand at rebuilding a ‘destroyed’ Yemen

    The hospital in southern Yemen was decked out with roses and red carpet runners last week for a ribbon-cutting ceremony in its cardiac wing, newly refurbished with Saudi funds. Many patients, however, had been cleared from the air-conditioned lobby and forced to wait for hours outside in stifling heat, shouting "I'm tired! I'm sick!" at passing dignitaries, among them the Saudi ambassador.

  • Saudi Arabia sells $6 bln in two-tranche Islamic bonds: Document

    Saudi Arabia has raised $6 billion from the sale of Islamic bonds, or sukuk, a document from a lead manager showed, returning to the debt markets for the second time this year, amid continued pressure on global oil prices and a cloudy macroeconomic outlook. The Kingdom sold a $3 billion six-year tranche at 80 basis points (bps) over US Treasuries (UST) and another $3 billion in 10-year notes at 100 bps over UST, tighter than guidance released on Monday, amid strong investor demand.

  • Saudi FM Prince Faisal bin Farhan Al Saud meets German counterpart, Annalena Baerbock, in Jeddah

    Saudi Foreign Minister Prince Faisal bin Farhan Al Saud met his German counterpart, Annalena Baerbock, in Jeddah on Monday, the Saudi foreign ministry wrote on Twitter. The German foreign ministry had said earlier that Baerbock, who will also visit Qatar next, would discuss bilateral issues as well as questions of regional crises with Gulf counterparts.

  • Commentary: Sudan Tests The Limits Of Middle Eastern De-Escalation

    Moreover, with both sides convinced that they have the upper hand, neither has an incentive to implement a long-lasting halt to the fighting. So far, neither the army nor the RSF has abided by several earlier ceasefires. “A permanent ceasefire isn’t on the table … both sides believe they are capable of winning the battle,” said a Saudi diplomat.

  • Saudi Arabia, Arab allies seek engagement with Syria to mitigate Syria-based drug, terror threats

    Richard's One Big Thing is the recent developments on Saudi-Syria relations. Syria has come in from the cold in recent days as the Arab League and Saudi Arabia in particular prioritize engagement with Assad regime to solve growing regional challenges - a departure from a decade of isolating the country which has descended into becoming a narco state under Assad.