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  • Saudi Crown Prince Nayef dies
     

    Saudi Crown Prince Nayef bin Abdulaziz, a hard-line conservative who is credited with pushing back al Qaeda, has died, Saudi state TV said on Saturday. Nayef, who had been named crown prince in October by his brother the king, was heir to the Saudi throne. State TV is broadcasting Quran readings as an expression of […]

     
  • Five Facts About Saudi Arabian Horses
     

    The 2012 London Olympics have had many controversial headlines in the news about horse sports and Saudi Arabia. With that in mind, many people know about the Arabian horse’s influence in modern Thoroughbreds and equestrian athletics, what about a country these horses originate from? Interestingly, the country of Saudi Arabia is full of horse-related facts […]

     
  • Jadwa Investments May 2012 Inflation Report for Saudi Arabia
     

    Jadwa Investment’s recently released May inflation report for Saudi Arabia found a year-on-year decrease in inflation to 5.1 percent, the lowest since August 2011. Jadwa noted that the decline “was due to a fall in inflation for ‘other expenses and services,’ which stems from lower gold prices.”

     
  • Saudi Arabia remains largest takaful market
     

    The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an integral part of the mainstream financial system, with Saudi Arabia at the forefront, Ernst & Young executive said Wednesday at the opening of “The World takaful Conference: Asia Leaders Summit (WTC: ALS 2012)” at Hotel Istana, Kuala Lumpur. South East […]

     
  • Jadwa Chartbook June 2012: Sectoral Performance
     

    Riyadh-based Jadwa Investments recently released its June, 2012 Saudi ‘Chartbook’ which includes updates on the Saudi economy, trade, oil metrics as well as assessments of various sectors including banking, trade, and sectoral performance. Below is a snapshot of Jadwa’s analysis of the performance of Saudi Arabia’s main economic sectors. For the full Jadwa report, click […]

     
  • In Major Shift, Saudi Aramco Dabbles in Oil Trading
     

    Saudi Arabia has long been a dominant force in global oil markets, “but has never been an oil trader.” That changed on January 1st, 2012, when Saudi Aramco began operations at Aramco Trading, a wholly owned company subsidiary. The new Aramco Trading marks an expansion in Aramco’s downstream investment portfolio in the Kingdom and overseas, […]

     
  • Riyadh among lowest risk cities in Mideast
     

    Riyadh is among the lowest risk cities in the region, with a rating that puts it ahead of international business hubs such as Milan, Lisbon, Istanbul and Moscow, according to the findings from the 2012 People Risk Index, created by Aon Hewitt, the global human resources business of Aon plc. The Aon Hewitt 2012 People […]

     
  • Jadwa Chartbook June 2012: Trade
     

    Riyadh-based Jadwa Investments recently released its June, 2012 Saudi ‘Chartbook’ which includes updates on the Saudi economy, trade, oil metrics as well as assessments of various sectors including banking. Below is a snapshot of Jadwa’s analysis of Saudi imports and exports and letters of credit. 

     
  • The Middle East fights the Flame, but virus spreads anyway
     

    Two years ago there was Stuxnet, a virus that targeted Iranian uranium-enrichment infrastructure. Now Flame, a mutating piece of malware, is continuing to spread, infecting more than 1,000 Windows-powered computers across the Middle East. It’s centered on Iran, but has also spread to Israel and Palestine, Saudi Arabia, Syria, and even Sudan. Flame is a huge virus — 20 megabytes […]

     
  • Wider world opened to Saudis studying abroad
     

    Wearing the black face-covering veil favoured by Saudi women, Maha Mazyad looked through leaflets for prospective jobs with some of the Islamic kingdom’s largest companies at a recent career fair in Riyadh. A few years ago she would have worried about the disapproving reaction of friends and parents to the notion of a young woman […]

     

MUST-READS

  • IMF projects Saudi economy to grow 1.7% in 2024

    The International Monetary Fund (IMF) trimmed its forecast for Saudi economic growth to 1.7% for 2024, compared to its former 2.6% estimate issued last April.  In its Global Economic Outlook report issued today, July 16, the fund indicated that slashing its Saudi economic growth expectations by 0.9% for the current year primarily reflects the extension of oil production cuts. It also expected the Saudi economy to advance by 4.7% in 2025, compared to its previous projection issued in April of 6%, marking a 1.3% downgrade.

  • British PM praises Saudi crown prince for role in promoting Middle East stability

    While discussing the situation in the Middle East, the prime minister praised the crown prince for his leadership in supporting regional stability, and emphasized the UK’s enduring commitment to peace and security in the region.

  • Saudi Arabia to Host Arab Geographical Names Experts Conference

    The Kingdom of Saudi Arabia, represented by the General Authority for Survey and Geospatial Information (GEOSA), will host the 10th Arab Geographical Names Experts Conference in Jeddah on November 10-12. The theme for the event is "Strengthening Arab Relations and Ties in Geographical Names." This hosting is part of GEOSA's efforts in the field of geographical names. It oversees the Kingdom's surveying, geospatial information, and imaging sectors and chairs the National Committee for Geographical Names, which includes 21 government agencies.

  • Saudi air passengers up 17% in first half of 2024

    Saudi Arabia had a 17 percent increase in the total number of air passengers in the first half of the year, rising to 62 million. This was based on a 12 percent rise in total flights to 446,000, the General Authority of Civil Aviation (GACA) said.  Air freight was also up, showing an increase of 41 percent, GACA said.

  • New Iranian president does not inspire hope among Gulf Arabs

    Gulf Arab capitals do not view the election of Reformist Masoud Pezeshkian as a major turning point for Iranian policy. There is broad skepticism about whether there is any genuine pro-reform movement left in Iran. There is also a view that Iranian elections are cosmetic and will not allow Pezeshkian to act independently of conservative-dominated power structures.

  • Network model shows resilience as Iran-Israel clash expands

    Since the Palestinian Hamas movement’s outrageous attack on Israel on Oct. 7, 2023, Tel Aviv has found itself in a multifront war that it cannot win militarily. Israel’s military superiority has lost the ability to deliver a strategic punch against a network of networks administered by Iran. This highlights how in the decade or so following the Arab Spring protests, networked non-state actors have become the key movers and shakers in the region—outperforming state hierarchies on matters of resilience.

  • Is Saudi Arabia replacing the US with China in its security partner mix?

    The visit fuelled speculation that Riyadh could be looking to Beijing to ease pressure from Washington on issues such as human rights and its stand on the Israel-Gaza war. Defence specialists said the conflict and tensions in the broader Middle East would undoubtedly have been on the agenda – along with Saudi Arabia’s rising arms purchases from China. But Saudi Arabia still saw the United States as its key security partner – even as it increases rapport with and arms purchases from China.

  • Saudi Arabia Close to Deal With China’s Envision for Wind Energy Push

    Saudi Arabia and China’s second-largest wind turbine manufacturer are close to a deal to develop a new plant in the oil-rich desert kingdom to help support its goal of boosting renewable power production. The Saudi sovereign wealth fund and Vision Industries, a privately owned renewable-energy manufacturing company, could sign an agreement with Envision Energy Co. as soon as this week, according to people familiar with the matter.

  • Literature Commission concludes training program for publishing houses in Oxford

    The training program was held in cooperation with Oxford International Publishing Center, and lasted for 10 days, during which it witnessed many intensive training and consulting sessions presented by a group of publishing experts. The program sessions covered several prominent topics, including international publishing strategies and marketing plans, the role of literary agencies, copyrights and contracts, planning skills for participation in book fairs, and others.

  • Saudi Telecom reportedly eyes up Vodafone Portugal

    Vodafone and Saudi Telecom (STC) have both recently failed in Portuguese M&A attempts, so it makes sense that they might now look to hammer out a deal between them. But it seems we're not close to a deal just yet.