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  • Saudi Electricity Co raises funding for smart meters, renewables

    SEC initiated its approximately 10 million smart meter rollout in January of this year. The aim is to achieve 80% implementation by the end of December and 100% by the end of March 2021. The project is part of SEC’s effort to increase the reliability of its distribution networks and improve metering, service quality and customer satisfaction.

  • Yemen warring parties to travel to Switzerland to discuss prisoner releases

    Delegations from Yemen’s warring parties are due to meet in Switzerland this week for talks on a U.N.-backed prisoner exchange deal, which U.N. Yemen envoy Martin Griffiths said on Tuesday he hopes will result in the release of some detainees.

  • Hundreds of Schools in Yemen Attacked by Warring Parties

    Eight-year-old Mazen Mohia Aldeen likes science class, and he wanted to grow up to be an engineer. But now he is considering dropping out of school. It has become too scary. His fears began in 2017, when an airstrike hit a schoolhouse in his neighborhood. He was also in school and everyone screamed, Aldeen said. He later saw reports on social media of 13 dead and more than 80 injuries. Mazen Mohia Aldeen, 8, says he will drop out of school if another airstrike hits a school in his neighborhood, pictured on Aug. 25, 2020, in Sanaa, Yemen. (VOA)

  • Saudi’s Pi Flow raises investment to provide virtual accounting services to startups and SMEs

    Founded in 2012 by Waleed Merdad & Mohammad Alraddadi, the startup that had remained bootstrapped before raising this round of financing offers virtual bookkeeping services to startups and SMEs. Pi Flow, according to the statement acts as a virtual accountant for its clients offering the bookkeeping services, VAT reporting, and financial reports for a fixed monthly fee. According to its website, it offers packages starting from SAR 1,500 per month.

  • The Return of Women: A Post-Rentier Rediscovery of the Arabian Heritage of Female Workforce Participation

    In fact, female workforce participation has its roots in Arabian heritage, and Saudi society has undergone some unusual decades since the late twentieth century when women were not given enough opportunities. Women are only now returning to the workforce.

  • Yemen: UN envoy Martin Griffiths wraps up Saudi visit to further peace prospects

    "Martin Griffiths has concluded a visit to Riyadh where he met with officials from the Government of Yemen and Saudi Arabia, pursuing discussions over the text of a Joint Declaration that would lead to the agreement by the Government of Yemen and Ansar Allah to a nationwide ceasefire, humanitarian and economic measures and the urgent resumption of the political process," a UN official from the envoy's office told The National.

  • How Saudi Arabia’s environmental leadership can help restart its economy

    The challenge seems daunting. One finding estimates that between 1990 to 2019, droughts affected more than 44 million people in our region, and natural disasters did almost $20 billion of damage to regional economies. Unchecked, these numbers will get worse. Just like pandemics, climate disasters do not respect national borders.

  • Oil companies start to take back crude from U.S. emergency reserve

    Energy companies have begun taking back millions of barrels of oil from the U.S. government’s emergency stockpile after renting storage in the facility to help manage a glut of crude this spring after energy demand collapsed during COVID-19 lockdowns, a Department of Energy website showed on Monday.

  • State Department says Pompeo cleared in emergency Saudi arms sale

    A final report signed by the acting inspector general found that Secretary of State Mike Pompeo did not violate the law when he declared a state of emergency to bypass congressional refusal to approve an $8 billion arms sale to Saudi Arabia, the State Department said Monday. Describing an ongoing congressional investigation of Pompeo’s action as an “inquisition,” a department statement called for lawmakers to “publicly accept the findings of the report . . . and immediately retract” statements labeling it illegal.

  • Brian Hook, the State Department’s point man on Iran policy, is stepping down

    Brian Hook, the State Department’s point man on Iran policy, is stepping down on the eve of an administration effort to persuade an unwilling U.N. Security Council to extend the expiring conventional weapons ban on Tehran. In a statement announcing his departure, Secretary of State Mike Pompeo described it as Hook’s decision. He did not offer a reason, but praised Hook for achieving “historic results countering the Iran regime.“ “Following a transition period,” Pompeo said, the Iran portfolio would be taken over by Elliot Abrams, the administration’s special envoy for Venezuela, who would hold both jobs.