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Saudi FM Faisal bin Farhan Acknowledges ‘Exploratory Talks’ with Iran; Kingdom is ‘Hopeful’
Saudi Arabia’s Foreign Minister HRH Prince Faisal bin Farhan acknowledged in an interview with the AFP that the Kingdom has held “exploratory talks” with regional rival Iran, and said that Saudi Arabia is “hopeful” that the talks in their early stages will lead to diplomatic progress.
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Saudi to Make COVID-19 Vaccinations Mandatory for All Public and Private Sector Workers
All public and private sector workers wishing to attend a workplace in Saudi Arabia will be required to have taken a COVID-19 vaccination, the human resources ministry said on Friday. The ministry did not say when the new rule would take effect.
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Ramadan Moon Seen in Saudi Arabia, Holy Month Begins Tuesday
The Ramadan crescent moon has been sighted in Saudi Arabia, meaning the holy month will officially begin on Tuesday, April 13, according to an official announcement from the Kingdom’s Supreme Court.
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Saudi Arabia’s First Major Wind Farm Reaches Milestone as Renewables Push Continues
Saudi Arabia’s Dumat Al Jandal wind farm, its first major wind energy installation and part of a broader mix of national renewable energy solutions, has reached the 50 percent completion mark, according to reports.
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Jadwa Investment Launches $266m Fund to Invest in Riyadh’s Real Estate Market
Saudi Arabia’s Jadwa Investment has reportedly launched a $266m fund to invest in Riyadh’s real estate market, hoping to develop more than 1,500 residential units through several apartment complexes, targeting mid- to high-income households, the UAE-based The National reports.
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US-based Railcar Company Greenbrier the Latest to Move Regional HQ to Riyadh
US-based railcar company Greenbrier is one of the latest American companies to be moving or building their regional Headquarters in Riyadh, the company said, as it looks to profit off the opportunities presented by the Kingdom’s Vision 2030 economic and social reform plans. The NYSE-listed Greenbrier is one of 24 companies that have recently agreed […]
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New Whitepaper Examines the State of Recycling, Waste Management in Saudi Arabia, UAE
A new whitepaper released online from the UK-based publication The Economist Intelligence Unit examines the state of waste management and recycling in Saudi Arabia and the UAE. The whitepaper, entitled Towards zero: Rethinking recycling in Saudi Arabia and the UAE, examines the state of waste management in Saudi Arabia and the UAE and identifies priorities for accelerating […]
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Event Alert: H.E. Khalid Al-Falih, Princess Reema bint Bandar Headline U.S.-Saudi Arabia Business Leaders Virtual Forum on March 23-24
The U.S. Chamber of Commerce is hosting a two day virtual event bringing together U.S. and Saudi Arabia business and government leaders on March 23-24. The event, entitled the U.S.-Saudi Arabia Business Leaders Virtual Forum, will see virtual keynote remarks delivered by H.E. Khalid Al-Falih, Saudi Arabia’s Minister of Investment, H.R.H. Princess Reema bint Bandar […]
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U.S. Officials Hold First Direct Meeting with Iran-Backed Houthis in Bid to End War – Report
Senior U.S. officials have held a first direct meeting with officials from the Iran-backed Houthi organization that controls Yemen’s capital, Reuters reports, citing two sources familiar with the matter.
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BofA Revises Upward 2021 Brent Oil Price by $10 a Barrel – Report
Bank of America (BofA) Global Research has hiked its forecast for Brent crude oil prices for this year, citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, Reuters reports, citing a research note from the bank.
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MUST-READS
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Book Review: Karen Armstrong’s Fields of Blood: Is Religion Inherently Violent?
All of Armstrong's arguments come back to the same basic point: It's impossible to explain contemporary or historical violence solely through religion. "Muslim fundamentalism ... has often—though again, not always—segued into physical aggression," she writes. "This is not because Islam is constitutionally more prone to violence than Protestant Christianity, but rather because Muslims had a much harsher introduction to modernity." (Here, she dates modernity to the defeat of the Ottoman Empire during World War I.) In other words: Even religious history has to be read through the narrative lens of politics.
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French-Saudi Arms deal for Lebanon to be inked today
Saudi Arabia and France will on Tuesday seal a deal to provide Lebanon's army with USD 3 billion worth of French weapons, with Riyadh footing the bill, a Saudi daily and a French source had said yesterday.
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Lebanon to get Saudi-financed arms soon
Lebanon's army will soon receive military equipment as part of a $1 billion grant from Saudi Arabia to help it fight Islamist militants encroaching into Lebanon from Syria, former Prime Minister Saad al-Hariri said on Tuesday.
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