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  • Education, Women’s Empowerment and Change
     

    There has been a significant investment in education, which is great. In the last eight or nine years the number of Saudi Universities has more than quadrupled from about seven to over 30. Some of that increase has been through splitting up existing, very large universities, like King Abdul Aziz University, into more manageable sizes. […]

     
  • Saudi car sector to accelerate
     

    Strong fundamentals coupled with a rapidly growing young population made Saudi Arabia the largest importer of vehicles and automotive parts in the Middle East in 2011, with the pace seen accelerating in the medium term, the National Commercial Bank said in its report on the Kingdom’s automotive sector released Wednesday. It noted that rising income […]

     
  • The Importance of Economic Diversification for Saudi Arabia
     

    In a clear break from past trends, Saudi Arabia’s private sector is growing. This trend can be in part explained by the increase in bank lending to private sector. In year-on-year terms, lending growth was at its highest since March 2009. More specifically, bank lending to private sector rose by 1.1 percent in April to […]

     
  • Saudi Arabia names Defense Minister Prince Salman new heir to throne
     

    Saudi Arabia’s ruler named Defense Minister Prince Salman bin Abdul-Aziz is the country’s new crown prince Monday — an expected nod that leaves power still within an aging and shrinking circle of leaders in one of the West’s most critical Middle East allies.

     
  • Saudi Arabia mourns death of Crown Prince Naif
     

    The funeral prayers for the Saudi Crown Prince Naif bin Abdul Aziz will be held at the Haram Mosque in Makkah following the Maghreb prayer today. The body will then be buried at the graveyard in the holy city. Muslim leaders from across the world started arriving in Jeddah on their way to Makkah to […]

     
  • 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 […]

     

MUST-READS

  • Perspective: The Lebanon pager attacks are an escalation toward a war that few want

    Iran and Hezbollah definitely don’t want a major conflict. Hezbollah’s role is to deter an attack on Iran’s nuclear facilities. It’s pointless to squander Hezbollah’s potent arsenal on a place (Gaza) with no real significance to Iran, or an unreliable ally like Hamas, which broke with them over the Syrian war. Israelis commonly insist that war with Hezbollah is inevitable. But war is hardly inevitable when the other side doesn’t want one.

  • Second wave of exploding devices raises fears of wider Israel-Lebanon conflict

    Hand-held radios used by armed group Hezbollah detonated on Wednesday across Lebanon's south in the country's deadliest day since cross-border fighting erupted between the militants and Israel nearly a year ago, stoking tensions after similar explosions of the group's pagers the day before. Lebanon's health ministry said 20 people were killed and more than 450 injured on Wednesday in Beirut's suburbs and the Bekaa Valley, while the death toll from Tuesday's explosions rose to 12, including two children, with nearly 3,000 injured.

  • US says Iran emailed stolen Trump campaign material to Biden camp

    Iranian hackers sent emails containing stolen material from Republican former President Donald Trump's campaign to people involved in Democratic President Joe Biden's then re-election campaign, part of an alleged broader effort by Tehran to influence the U.S. election, U.S. agencies said on Wednesday. "Furthermore, Iranian malicious cyber actors have continued their efforts since June to send stolen, non-public material associated with former President Trump’s campaign to U.S. media organizations," the FBI, Cybersecurity and Infrastructure Security Agency, and Office of the Director of National Intelligence said in a joint statement.

  • Heinz goes brandless to celebrate Saudi National Day

    In place of the famous Heinz logo, the brand’s ketchup bottles will sport an empty green keystone for a limited time, offering space for shoppers to personalise their own messages of celebration. Additionally, consumers will be able to scan a QR code displayed on billboards across Riyadh, Jeddah and Dammam to submit their National Day messages. These messages, along with the names of the participants, will be displayed on screens across the kingdom for an entire week following the launch, giving the people of Saudi a space to express their pride and love for their country.

  • Saudi Arabia’s crude oil exports in July hit almost one-year low

    Saudi Arabia's crude oil exports in July fell to their lowest level in nearly a year, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. The country's oil exports stood at 5.741 million barrels per day (bpd) in July, their lowest level since August 2023. Saudi Arabia is world's largest exporter of crude. OPEC+ oil producers earlier this month agreed to delay a planned production increase for October and November and said they could further pause or reverse the hikes if needed.

  • Saudi Arabia welcomes UNGA resolution to end Israel’s unlawful presence in Occupied Territories

    The Kingdom stressed the need to take practical and credible steps to reach a just and comprehensive solution to the Palestinian cause in accordance with the Arab Peace Initiative and international legitimacy resolutions in a way that ensures the Palestinian people’s inherent right to self-determination and the establishment of their independent state on the 1967 borders with East Jerusalem as its capital.

  • Topgolf Callaway Brands Enters into Multiyear Strategic Agreement with Golf SaudiTopgolf Callaway Brands Enters into Multiyear Strategic Agreement with Golf Saudi

    As part of the agreement, Golf Saudi plans to build three Topgolf venues by 2028, to be owned and operated by Golf Saudi with the option to open another two venues in the future. In addition, Callaway Golf, Odyssey, TravisMathew and Ogio will become the official equipment and apparel brands for the Saudi Men's, Women's and Junior National golf teams as well as for Saudi Elite golf professionals and golf pros working at Golf Saudi facilities. Finally, Golf Saudi will be the exclusive distributor of Callaway Golf, Odyssey and Ogio products in Saudi Arabia.

  • Saudi Arabia launches Tamkeen Initiative to empower tech professionals in MSMEs

    The Ministry of Communications and Information Technology has partnered with the National Technology Development Program (NTDP) to launch the Tamkeen Initiative, which aims to empower Saudi technical professionals in micro, small, and medium-sized enterprises (MSMEs).

  • Middle East is the ‘closest to regional war since 1970s’, warns Saudi ambassador

    Prince Khalid bin Bandar al Saud told Sky News's The World with Yalda Hakim that the situation on the ground is only getting worse and it is time to put in "renewed efforts" to stop fighting in places like Gaza. His caution comes after Israel's defence minister announced a "new phase" of the war with troops moving up to the country's northern border, where it has exchanged cross-border fire with Hezbollah for months.

  • Saudi Arabia arrests over 22,000 in week of nationwide security raids, crackdowns

    Those arrested were apprehended for a variety of alleged violations of the Saudi legal system, including 14,216 for violating the Residency Law, 4,943 for breaching the Border Security Law and 3,214 for infringement upon the Labour Law. A further 1,507 individuals were arrested while reportedly attempting to cross the border into Saudi Arabia, with a majority of them being Ethiopian nationals numbering 53 per cent and Yemenis numbering 46 per cent.