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  • 2015 Budget
    Why Saudi Arabia may actually boost spending in 2015

    At some point later on this week, the 2015 Saudi budget will be posted on the website of the Saudi Arabian Monetary Agency (SAMA), the kingdom’s central bank. This event is rarely a cause for wider excitement, but this year is different. Why? It’s the rest of the world’s first opportunity to see how the planet’s biggest oil exporter will react to the dramatic fall in the price of crude. Will the long procession of expansionary budgets come to an end? Is there panic in the palaces of Riyadh?

  • Life in Saudi Arabia
    Life and laughter in Saudi Arabia

    The King may be elderly and rooted in the tribal traditions of Saudi, but he is a pragmatic man. The muting of the clergy has allowed him to push through an increased number of micro-changes: more municipal elections; the first female minister; huge endowments to non-Islamic universities; and women’s participation in the Olympics. Though these incremental improvements may look cosmetic (they do not get to the heart of the patriarchal “guardianship” system, for example, under which women must have permission from a male relative to carry out many basic activities in public) they nonetheless carry deep symbolic meaning. Saudis discuss politics, a lot, and this symbolism is not lost on them. As a Saudi friend of mine pointed out, there are debates occurring now on Twitter that would have been unimaginable 10 years ago.

  • Economy
    Inflation in Saudi Arabia to hit seven-year low: analysts

    Inflation in Saudi Arabia is set to reach its lowest levels since April 2007, when official figures from the Kingdom’s Central Department of Statistics and Information are released towards the end of the month, according to sources speaking to Asharq Al-Awsat.

  • Tourism
    Saudi Arabia could issue tourism visas

    Although investors and businessmen in the tourism field are pushing for tourism visa, procedures for its issuance will be clarified by the SCTA in the coming weeks.

  • Tourism
    Saudi Arabia could issue tourism visas

    Although it's not clear yet if the tourism visa proposal will be approved, SCTA's new regulations seemed confirmed, and ready to be launched in six months. The new conventions will control the relation between different tourism facilities and the service providers. Once the regulations are applied, all businesses in the field will have to hold a valid SCTA license to certify they have passed the necessary requirements.

  • Awamiya Clash
    Police kill suspects in northern Saudi Arabia

    Saudi security forces have killed four armed men in a clash in Awamiya region, the Interior Ministry said.

  • Global Oil Markets
    Saudi Arabia Confident in Oil Rebounding on Global Growth

    Saudi Arabia, the world’s largest oil exporter, is confident that crude prices will rebound with global economic growth boosting demand.

  • Saudi-Lebanon
    Why Saudi Arabia is Picking Up Lebanon’s $3 Billion Weapons Tab

    French foreign affairs minister Laurent Fabius welcomed the agreement, which he said "reflects the exceptional quality of French-Saudi relations." But the complex arms-sharing ménage à trois involves more than just the three actors, with Iran and Syria also factoring into the equation.

  • OPEC
    Saudi Arabia Says Hard for OPEC to Give Up Market Share

    Saudi Arabia and OPEC would find it “difficult, if not impossible” to give up market share by cutting crude production, the country’s oil minister said. Global oil markets are experiencing “temporary” instability caused mainly by a slowdown in the world economy, Oil Minister Ali Al-Naimi said, according to comments published yesterday by the Saudi Press Agency. He reiterated the country’s intention to maintain output amid plunging prices.

  • Expatriate Employment
    Booming Employment Opportunities in Saudi Arabia

    There are plenty of job opportunities available for expat job seekers in Saudi Arabia, provided you can show the required knowledge and expertise in any field such as construction, financial services, medicine, IT, baking, and health care.