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  • Officials Announce ‘Riyadh Season’, a Three-Month Series of Events
     

    Saudi officials have launched ‘Riyadh Season’, a new, three month series of events that will take place from October 15 to December 15 all around Riyadh. The countdown was launched by the chairman of the General Entertainment Authority, Turki Al Sheikh, on his twitter account in a video. The theme of the first season is ‘Imagine.’ Officials have […]

     
  • Saudi Arabia has Selected Haifaa Al Mansour’s ‘The Perfect Candidate’ as its Official Entry for the 2020 Oscars
     

    Saudi Arabia has selected Haifaa Al Mansour’s The Perfect Candidate as its official entry for the 2020 Oscars in the best international feature category, according to reports. Haifaa Al Mansour’s “The Perfect Candidate” is about a Saudi doctor who challenges the patriarchal system in her country by running in municipal elections. Al Mansour is one of the Kingdom’s best-known […]

     
  • Saudis Pay Tribute to Famous Bodyguard to Kings Killed in Dispute with Friend in Jeddah
     

    Saudi citizens took to social media to pay tribute to Maj. Gen. Abdulaziz Al-Fagham, the bodyguard to both the late King Abdullah and King Salman who was killed in argument with a friend in Jeddah, Saudi state media said. Al-Fagham, a tall and fit man who had a familiar face for many Saudis because he was […]

     
  • First shares in Aramco will be sold on Saudi stock exchange – reports
     

    Saudi Aramco will list the first shares of the company on Saudi Arabia’s stock exchange, the Tadawul, and will do so “very soon,” the company’s CEO Amin Nasser said. The local listing is likely to precede an international one, but the company has not yet selected a location, according to reports. “The primary listing is to list […]

     
  • IMF suggests Saudi Arabia double its VAT to 10%
     

    The International Monetary Fund (IMF) suggested that Saudi Arabia would see positive economic benefits by raising its Value Added Tax (VAT) to 10% after successfully implementing a 5% VAT last year. “The introduction of the VAT in January 2018 was a landmark achievement, with revenue collections exceeding expectations,” the Washington-based lender said in a report […]

     
  • Royal Decrees Shake Up Saudi Aramco, Energy and Industry Sectors
     

    A series of Royal Decrees issued by King Salman of Saudi Arabia on Friday included major shake ups to Saudi Aramco as well as government ministries and top leadership. King Salman issued a royal decree to set up a new Ministry of Industry and Mineral Resources, separating it from the Ministry of Energy. The Kingdom named Bandar Alkhorayef […]

     
  • Saudi Students See Greater Freedom in Travel with New Rules
     

    New rules put in place by Saudi government authorities have granted the right of all Saudi students studying oversees to travel without requiring a permit from their parents or guardians, even if they are under the age of 21, according to reports. Saudi Arabia’s General Directorate of Passports announced Monday that students “will only require proof of […]

     
  • Will Formula One Racing Come to Saudi Arabia?
     

    Saudi Arabia and Formula One are discussing the possibility of holding a race in the country, “and team bosses have been asked for an opinion,” sources told Reuters on Tuesday. “The Times newspaper reported that Formula One and the 10 teams would seek reassurance on issues including human rights, gender equality and media freedom before any […]

     
  • Saudia’s Flyadeal Cancels $6b Boeing Deal, Opts for Airbus’ A320neo
     

    Saudi airline Flyadeal has canceled an order for up to $6 billion worth of Boeing 737 Max planes, instead opting to purchase from Boeing’s top European competitor, Airbus SE, according to reports. Flyadeal had committed to purchasing up to 50 planes from Boeing, but after the global grounding of the company’s 737 Max 8 planes […]

     
  • Saudi Arabia Raises €3b in first bond denominated in European currency
     

    Saudi Arabia has raised 3 billion euros from over 14.5 billion worth of orders for its first bond denominated in European currency, according to reports. With this deal, the Saudis have sold over $60 billion in international bonds since their debut as a global borrower in late 2016, making the kingdom one of the biggest […]

     

MUST-READS

  • Blinken scraps Jordan stop on Gaza truce tour, heading to Saudi Arabia instead

    US Secretary of State Antony Blinken will travel to Saudi Arabia on Wednesday for talks on normalization with Israel as he pushes for a ceasefire in Gaza, a US official tells reporters. Blinken, who is on a regional tour expected to last throughout the week, will travel to Saudi capital Riyadh instead of previous plans to head to Jordan due to scheduling issues, the official says on condition of anonymity. The normalization deal is widely seen as dead in the water, as Riyadh is now conditioning it on the establishment of a Palestinian state — a nonstarter for Israel.

  • Saudi Arabia enlists BlackRock to improve MBS market: Report

    According to data available on Argaam, the Saudi Real Estate Refinance Co. (SRC) signed an agreement with BlackRock to develop the real estate finance sector, expand the local and international investor base, and ensure market stability and diverse financing options.

  • Rafael Nadal gives brutally honest verdict on Saudi Arabia criticism and sportswashing claims

    “What happens is that there comes a certain moment when you can be in one place or another, based on your opinion. I respect all opinions, as long as mine are also respected,” Nadal began. “Do they pay me to come here? Yes. But we must not lose perspective. You come here and what do you think? Are you doing good or bad? Because the only problem in the end is that you get paid for it. “Because, really, by coming here, you help the country. And those who speak in such a drastic way against the country, very well. “So, what do you want? For them to continue being bad, for them to continue keeping the country locked up, with more inequality? There is only one reality. “In the end, by coming here, we make events happen and tourists come, something that didn’t happen four or five years ago.

  • Trees of the Gulf: Olive Trees and a Mediterranean Diet in the Desert

    Aside from the sea itself, there is nothing that defines Mediterranean culture and heritage more than the olive tree. While entrepreneurs and immigrants from the Mediterranean to places with similar climates, such as California and parts of Australia, have planted olive groves and developed small industries, olive oil from outside the Mediterranean is a niche product, rarely held in high regard. But Saudi Arabia is challenging the Mediterranean’s 6,000-year hold on olive oil on a grand scale.

  • Attackers kill 5, injure 22 at Turkish aviation site

    Two attackers killed five people and wounded 22 others on Wednesday in what Ankara called a terrorist attack at the Turkish Aerospace Industries headquarters, where witnesses said they heard gunfire and an explosion. Interior Minister Ali Yerlikaya said both attackers were killed after the attack, adding two of the injured are in critical condition. TV broadcasters showed footage of armed assailants entering the TUSAS building near Ankara.

  • Lebanon’s cash economy surge drives FATF grey-listing concerns

    Lebanon is set to be placed on a financial crime watchdog’s grey list this week, with experts pointing to the country’s expanding cash economy and parallel financial system as key drivers behind the designation, according to senior economists and sources familiar with the matter. The designation comes as Lebanon grapples with a complex web of challenges, including a widespread shift away from traditional banking following the 2019 financial crisis, which has created new vulnerabilities in the financial system.

  • BRICS Summit 2024: Key moments from day 1 of Kazan talks

    The opening day featured traditional performances and cultural exchanges. Putin is scheduled for approximately 20 bilateral meetings, including talks with Palestinian leader Mahmoud Abbas regarding Gaza. In addition, a significant Modi-Xi meeting is planned for Wednesday, their first since recent border tensions. The summit will conclude with the Kazan Declaration on Thursday, focusing on economic cooperation, alternative payment systems, and global challenges.

  • MBC Studios Head Zeinab Abu Alsamh on Training the Next Generation of Saudi Talent

    Prior to joining Saudi Arabia’s MBC Group in 2021, Zeinab Abu Alsamh, one of The Hollywood Reporter‘s 2024 Most Powerful Women in International TV, served as chief commercial officer of the Saudi Broadcasting Authority, where she was responsible for the programming strategies of its entire broadcast portfolio. At MBC Studios, the in-house premium content production arm of MBC Group, she oversees the production and development of new projects, while also serving as CEO of MBC Academy, which discovers and nurtures emerging talent.

  • Saudi Surgeon Honored for Performing the World’s First Fully Robotic Heart Transplant

    The award also commemorates his successful completion of the world’s first robotic heart transplant on a 16-year-old patient suffering from end-stage (Class IV) heart failure. This achievement represents a turning point in heart transplant surgery practices, with a medical approach that relies on minimal surgical intervention, thereby reducing pain, shortening recovery times, and minimizing the risks of complications.

  • Saudi FM arrives in Russia’s Kazan to attend BRICS summit

    Saudi Foreign Minister Prince Faisal bin Farhan arrived in Russia’s Kazan to head the Kingdom’s delegation at the BRICS summit as “a country which is invited to join the group,” Al-Ekhbariya said on Wednesday. Prince Faisal is representing King Salman at the meeting of around 20 world leaders. In a joint statement issued on Wednesday, the BRICS group said it was “deeply concerned about ongoing conflicts and instability in the Middle East and North African region.”