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  • Saudi Oil Reserves Are Even Bigger than Previously Estimated
     

    An independent audit of Saudi Arabia’s oil reserves found that the Kingdom has more oil than previously estimated, according to reports and an official statement from the government of Saudi Arabia. The audit, conducted by Houston-based petroleum consultants DeGolyer & MacNaughton, had concluded that Saudi Arabia’s oil reserves total 268.5 billion barrels – over 2.2 […]

     
  • Secretary of State Pompeo Kicks Off 8-Nation Middle East Tour
     

    Secretary of State Mike Pompeo begins a weeklong tour of eight Arab nations in the Middle East through Jan. 15, including a visit to Saudi Arabia. The Secretary’s schedule will take him to Amman, Cairo, Manama, Abu Dhabi, Doha, Riyadh, Muscat, and Kuwait City. Pompeo will give a major speech about America’s role in the region and privately […]

     
  • Salaries in Saudi to Increase 5-6% in 2019, Women Participation to Rise 15%, Study Says
     

    Salaries for mid-level to senior professionals in Saudi Arabia will rise between 5-6% on average in 2019 and women will see a 15% rise in workforce participation in 2019, a recent study by GCC-based recruitment consultancy Cooper Fitch said. The study, the Cooper Fitch Salary Guide for the Kingdom of Saudi Arabia in 2019, provides salary expectation […]

     
  • Positive Trends Seen in Latest Saudi Economic Data; Non-Oil PMI Up
     

    A recently-released report from Jadwa Investment found a positive trend in Saudi economic data for the month of November, with POS and cash withdrawals rising by 18 percent and 2 percent respectively, year-on-year, and growth in the non-oil PMI index. The monthly report from the Riyadh-based investment firm analyzes key macro and micro economic trends in […]

     
  • Photos of Crown Prince Mohammed bin Salman, Top Saudi Leaders Visiting Remote Northwest Saudi Arabia Go Viral
     

    Photographs of Crown Prince Mohammed bin Salman and some of Saudi Arabia’s top officials visiting some of Saudi Arabia’s most famous mountains in the Northwest region of the country have gone viral on social media. The photos showing casually-dressed Saudi ministers and officials were taken last Summer by royal photographer Bandar Al-Jaloud at Jabal Al-Lawz (Almond Mountain) […]

     
  • King Salman Announces ‘Sweeping’ Cabinet Reshuffle Affecting Top Domestic, Foreign Policy Posts
     

    King Salman announced on live TV on Thursday a major and sweeping reshuffling of top cabinet positions in Saudi Arabia, the first such change in leadership since June. The royal decree replaces Saudi Arabia’s Foreign Minister Adel Al-Jubeir with former finance minister Ibrahim Al-Assaf. Al-Assaf was detained, then released within weeks of his detention at Riyadh’s Ritz-Carlton […]

     
  • Saudi Arabia Seeks Balanced Budget by 2023 – Al Jadaan
     

    Saudi Arabia’s finance minister told Reuters on Wednesday he was “unconcerned with current oil prices impacting spending plans in 2019″ and the government still aims to close its budget deficit by 2023 – though the target is not set in stone. The government unveiled a $295 billion budget on Tuesday, the kingdom’s largest, with a […]

     
  • Saudi Arabia’s Collections from VAT Double Expectations in 2018; Foreign Investment Rebounds
     

    Foreign investment into the Kingdom and VAT collections both more than doubled in 2018 over the previous year, government officials revealed this week as information regarding the Kingdom’s 2019 budget are published. Reuters reports that the Kingdom saw a rebound in foreign investment into Saudi Arabia in 2018 to 13 billion riyals ($3.5 billion), more than […]

     
  • Saudi Government ‘Rejects’ U.S. Senate Rulings on Saudi Arabia But Pledges to Continue Building Relationship
     

    The government of Saudi Arabia issued a statement condemning a recent U.S. Senate resolution blaming Crown Prince Mohammed bin Salman for the killing of journalist Jamal Khashoggi, and said the government rejects external interference in its affairs. The Senate measure, which passed in a rare bipartisan vote with unanimous approval on Thursday, was a sweeping condemnation of Crown […]

     
  • Breakthrough Ceasefire Agreements Reached over Yemen Ports as U.S. Senate Rebukes Trump
     

    The internationally recognized Yemeni government and the Iranian-aligned Houthi movement agreed to a ceasefire around the city of Hodeidah and to remove troops from the area in a potential major turning point for the three year old conflict, according to reports. The agreement was reached at U.N.-brokered talks in Sweden. The port, which is currently under Houthi control, […]

     

MUST-READS

  • Saudi Prince Steps In as Power Broker in Trump’s New World Order

    MBS, as the oil-rich kingdom’s de facto ruler is known, is one of the few global power brokers to enjoy a close relationship with Trump and Russian President Vladimir Putin, while most Arab heads of state see him as critical to tackling a more erratic Washington. That has positioned Riyadh as the most likely venue for a Trump-Putin summit on Ukraine, and puts Prince Mohammed at the heart of the regional response to Trump’s controversial proposals for war-ravaged Gaza. Saudi officials believe that positioning MBS as a peacemaker furthers the kingdom’s goal of becoming a middle-ranked global power that’s friends with everyone and pursues a foreign policy that’s mainly in the service of its economic interests and aspirations.

  • Saudi Arabia Emerges as Key Global Player Under Trump

    Saudi Arabia's diplomatic maneuvers reflect its ambitions to assert itself globally while securing its own geopolitical interests. Its support for a negotiated peace in Ukraine could bolster its influence with both Washington and Moscow, while its leadership on Gaza underscores its regional authority. The Kingdom's balancing act will test its ability to navigate the complex dynamics of great power competition and Middle East stability. "Saudi Arabia's recent diplomatic maneuvers reflect a growing maturity from Riyadh that we didn't see during President Donald Trump's first term. The Kingdom appears to have moved on from an unrealistic foreign policy approach towards the region, and instead seems to be using its leverage and embracing diplomacy as a tool for regional stability and strategic influence."

  • Discover a World of Cinematic Opportunities in Saudi Arabia

    The Saudi Film Commission, one of 11 specialized commissions under the Ministry of Culture, plays a pivotal role in empowering the industry and driving its development, further strengthening the Kingdom’s position as a leader in the global film landscape. From the high mountains of the north to the Red Sea’s white beaches in the west, and from vast deserts in the east to green landscapes in the south, Saudi Arabia offers an array of possibilities for filmmakers. The Kingdom’s landscapes, with their modern cities, reflect a blend of heritage and modernity, offering the chance to tell diverse stories. Sites like NEOM, Alula, Diriyah, Riyadh, Jeddah and the Empty Quarter provide a versatile backdrop providing locations that can stand in for a wide variety of settings.

  • Explorer completes first stage of bid to cross Saudi Arabia on foot

    Writer and TV presenter Alice Morrison, from Edinburgh, began her journey on New Year’s Day at the border with Jordan. Accompanied by two camels – named Juicy and Lulu – and local guides, the 61-year-old has now covered the 930 kilometres to the Prophet’s Mosque, also known as Al-Masjid an-Nabawi, in Madinah. The seven-week journey saw the seasoned explorer average about 23km – or 33,000 steps – per day. During the journey, Ms Morrison, who speaks fluent Arabic, explored numerous pieces of the country’s rich history – including ancient ruins, bronze age tombs, and relics from the old Hejaz railway.

  • Saudi Arabia deports 10,822 illegal residents in a week

    Saudi Arabia has deported 10,822 illegal residents during the last week, the Ministry of Interior revealed on Saturday. A total of 29,510 violators were referred to their diplomatic missions to obtain travel documents while 3678 violators were referred to complete their travel reservations during the period between Feb. 06 and 12. The Saudi security forces have arrested a total of 22,663 illegal residents from various regions of the Kingdom during the last week. The arrests were made during the joint field security campaigns that were carried out in collaboration with the relevant government agencies.

  • How Saudi Arabia is leveraging regenerative tourism to blend luxury with sustainability

    At the heart of Saudi Arabia’s environmental strategy is regenerative tourism, which aims to protect natural habitats through science-led approaches and sustainable practices. Unlike sustainable tourism, which aims to minimize harm, regenerative tourism strives to improve destinations through conservation, community engagement and science-led initiatives. This includes implementing eco-friendly infrastructure, protecting biodiversity, and involving local communities in conservation efforts to ensure long-term environmental and economic benefits.

  • Cybersecurity market seen to rise 13% in Saudi Arabia: PwC official

    Samer Omar, PwC Middle East Cybersecurity & Digital Trust Leader, said Saudi Arabia's cybersecurity market is estimated at SAR 13-14 billion, of which 31% is dominated by the government & public sector and the remaining 69% by the private sector, as outlined in a 2024 report by the National Cybersecurity Authority (NCA). The market is expected to grow at a compound annual growth rate (CAGR) of 11-13% over the next five years, driven by the continued investments and accelerated technological developments, Omar said in an interview with Argaam on the sidelines of LEAP 2025 Conference.

  • Saudi Arabia eyes $1 trillion infrastructure boost by 2030

    Saudi Arabia plans to invest nearly $1 trillion in infrastructure projects by 2030 to accelerate economic diversification and boost private-sector participation, Minister of Economy and Planning Faisal Al Ibrahim announced. Speaking at the Public Investment Fund (PIF) Private Sector Forum in Riyadh, Al Ibrahim said the Kingdom’s non-oil sector is set for significant expansion by 2026, fueled by investments in key industries. He highlighted the PIF’s pivotal role in shaping the economy, establishing strategic companies, and fostering new industries that drive long-term growth.

  • BYD Energy Storage Secures World’s Largest Energy Storage Contracts with Saudi Electricity Company

    BYD Energy Storage has signed a landmark agreement with Saudi Electricity Company for the development of energy storage projects with a total capacity of 12.5 GWh, marking the largest energy storage contracts in the world to date. Combined with the previously delivered 2.6 GWh project, the collaboration now amounts to 15.1 GWh of energy storage capacity, reinforcing their commitment to advancing Saudi Arabia’s renewable energy sector. The agreement is a significant step towards Saudi Arabia’s Vision 2030 goals, aiming to enhance the country’s energy infrastructure and accelerate the transition to renewables. The projects will be deployed across five sites, fully integrating with Saudi Arabia’s power transmission network to ensure grid stability, manage peak energy demand, and support the growing adoption of renewable energy sources.

  • US, Ukrainian officials head to Saudi Arabia as talks loom on ending Russia’s war

    A Ukrainian delegation has arrived in Saudi Arabia for meetings in preparation for a possible visit by President Volodymyr Zelenskyy, a Ukrainian minister said Sunday, at a time of intense speculation over planned U.S.-Russia talks in the kingdom to end Moscow’s war on its neighbor. It also comes as a top U.S. envoy revealed that he and a fellow negotiator appointed by U.S. President Donald Trump were heading to Saudi Arabia. Ukrainian Economy Minister Yulia Svyrydenko, who also serves as first deputy prime minister, didn’t clarify whether there is a link between Zelenskyy’s possible trip and the previously announced U.S.-Russia talks. In a Facebook post, she said that the Ukrainian delegation’s focus is on strengthening economic ties, as Kyiv “prepares to sign important economic agreements with countries in the region.”