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  • Saudi Arabia’s Bond With U.S. ‘Goes Beyond Energy’
     

    The U.S. and Saudi Arabia have a close relationship with a bond “that goes far beyond energy,” Saudi Oil Minister Ali al-Naimi said. The minister told graduates during his commencement speech at Lehigh University in Bethlehem, Pennsylvania, that “We seek together a world of greater understanding, mutual tolerance, and respect for human dignity and personal […]

     
  • Saudi Women Tackle Everest to Advance Breast Cancer Awareness
     

    To the ten Saudi women attempting a punishing ascent to a major milestone on the world’s highest peak, the dangers of reaching the Mount Everest base camp are no match for their cause. As a part of an ever-growing effort in Saudi Arabia, the campaign, “A Woman’s Journey: Destination Mount Everest,” intends to raise awareness […]

     
  • Statement on the Temporary Ban on Beef Imports from the U.S. to Saudi
     

    The Saudi Food & Drug Authority has issued a temporary ban on beef imported to Saudi Arabia from the United States. On May 2, 2012, the Saudi FDA issued decision 33/90 preventing the import of all beef products from the U.S. due to a confirmed case of BSE, bovine spongiform encephalopathy.

     
  • The Surprising $100 Billion Solar Investment
     

    If you thought Germany and California were aggressively trying to add solar power to the grid, the oil state of Saudi Arabia is giving both of them a run for their money with recent plans to enter the solar market. The country is looking for investors in a $109 billion plan to build 41 GW […]

     
  • Effat University on the Forefront of Change in Saudi Arabia
     

    I was also impressed to see Effat graduating a quarter of its students from its College of Engineering, which it established in partnership with Duke University’s Pratt School of Engineering. When I first visited Effat seven years ago, it was still in the early stages of establishing engineering as a degree, a first for women […]

     
  • Saudi Arabia’s First Female Director Brings ‘Wadjda’ to Cannes
     

    Wadjda, the first-ever film shot in Saudi Arabia, hits the Cannes market as The Match Factory begins pre-sales at Cannes’ Marche du Film on the coming-of-age drama from Haiffa al Mansour, the first female Saudi filmmaker. Haifaa wrote and directed Wadjda, which tells the ordinary but uplifting story of Wadjda, an 11-year-old girl growing up in […]

     
  • Baseball and Saudi Economic Policy
     

    Dr. Muhammad Al-Jasser, Minister of Economy and Planning, recently spoke to the Young Businessmen’s Committee of the Riyadh Chamber of Commerce and Industry. Though the setting would appear innocuous, Dr. Al-Jasser’s remarks were not. The theme was the Future Vision of the Saudi Economy and they are worth reading in full.

     
  • Opening the TASI: What You Need to Know
     

    Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time.  The initial step toward this action was to give other GCC countries the right to invest […]

     
  • Seven years of prosperity and development
     

    Saudi Arabia will mark the seventh anniversary of Custodian of the Two Holy Mosques King Abdullah’s accession to the Saudi throne on May 17 with a variety of programs highlighting the remarkable progress achieved by the Kingdom in education, health, industry, agriculture and other sectors under his wise leadership. King Abdullah’s announcement at the Shoura […]

     
  • Saudi Perspective on the Middle East: Obaid
     

    In this SUSRIS exclusive presentation, the “Saudi Perspective on the Middle East: The View from Riyadh” assessment provides: the background and context for Saudi diplomacy — assets and characteristics; economic and energy data; sources of regional instability; the “New Gulf Union”; profile of Gulf defense configurations; the Kingdom’s role in regional stabilization and its political and […]

     

MUST-READS

  • Bahrain Wealth Fund Mumtalakat Weighs Alba Listing in Saudi Arabia

    Bahrain’s sovereign wealth fund is considering a listing of Aluminium Bahrain BSC in Saudi Arabia more than a decade after its initial listing in Bahrain, people familiar with the matter said. Mumtalakat, as the Bahrain fund is known, is working with Moelis & Co. as financial adviser on the potential listing, two of the people said, asking not to be identified because the information is private. Alba, as the Bahraini metal producer is known, has kicked off the process to seek regulatory approvals in Saudi Arabia, the people said.

  • Attacks by Iran-backed militias against U.S. targets are up. The U.S. hasn’t responded with force since 2021.

    There were seven attacks in May, as many attacks that month as February, March and April combined, and there have been a total of 29 since October without a kinetic U.S. response.

  • Activists take aim at the buyers of stolen antiquities

    It's common knowledge that armed non-state groups in the Middle East bankroll themselves with oil and ransom money. But a close third in the pipeline that fuels warlords and terrorists globally? The plunder and sale of antiquities.

  • Hajj registrations: 390,000 hopeful pilgrims inside Saudi Arabia await result

    Saudi Arabia has closed its registrations for domestic pilgrims who wish to perform Hajj. The more than 390,000 applicants will now wait on the results of a lottery to learn if they have been selected. Hajj authorities opened registrations for domestic pilgrims this month as the kingdom lifted restrictions on participation that were imposed in the past two years in response to the coronavirus pandemic.

  • Hajj registrations: 390,000 hopeful pilgrims inside Saudi Arabia await result

    The Ministry of Hajj and Umrah said it will select the domestic pilgrims on Sunday using an online lottery. Priority will be given to candidates who have been fully vaccinated against the coronavirus and have not performed Hajj. Saudi Arabia said it will permit up to a million pilgrims from abroad this year and has expanded capacity after two years of limiting the Hajj to domestic pilgrims.

  • Saudi Arabia cancels hair covering rule in ID photos for some 

    The Saudi Ministry of Interior announced on Friday evening the cancellation of the rule to cover hair in ID photos, only for the 10-14-year-old age group and in some cases of illness. Local newspaper Okaz reported earlier on Friday that the new amendments to Article 17 of the executive regulations of the civil status system decided to delete the phrase stipulating the need to cover the hair and neck of women in the national identity card.

  • Commentary: Golfers weigh the PGA’s monopoly power against Saudi Arabia’s human rights record

    There is good reason to believe an antitrust battle may be looming—Norman has threatened one. “I can only speak on information given to me by our legal team, and I have an extremely talented legal team in antitrust and anticompetitive laws, and we believe we’re in the right position,” Norman told ESPN. “We believe the players are independent contractors and have a right to go play wherever they want to go play.”

  • 100% increase in National air carrier international airfares

    The international airfares of the National air carrier recorded an increase of more than 100 percent while compared to the airfares of other airlines for flights that depart from Saudi Arabia to various global destinations. According to the monitoring of a random sample of ticket prices by Okaz/Saudi Gazette, the airfares of the Saudi national carrier flight bound for London from Jeddah amounted to about SR4,143 during the period between June 16 and 23, while the ticket fares of the national carrier of a neighboring country in the same route accounted for about SR2,058.

  • Global FDI could drop or stay flat in 2022 as uncertainty looms, says Unctad

    Preliminary first-quarter data shows greenfield project announcements declined 21% globally while cross-border M&A activity and international project finance deals fell by 13% and 4%, respectively

  • Saudi Arabia Offers Airlines Incentives To Launch Unprofitable Routes

    The airline incentives are the latest in a series of measures to diversify the country’s economy and move away from a dependence on crude oil. Tourism currently accounts for 4 % of Saudi Arabia’s economy. The aim is to increase this to 10 % by 2030. This ties into a wider $147 billion project by the government to transform the country into a transport and logistics hub, and to increase the number of direct destinations available from the country to 250 (the current figure is around 100).