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  • Photos of Saudi Arabia’s Impressive Pavilion at the Hannover Industrial Forum in Germany
     

    Saudi Arabia’s presence at the Hannover Industrial Forum, which took place in Hannover, Germany this week, is worth seeing. The Kingdom constructed a massive pavilion to show off business opportunities in Saudi Arabia and provide a networking platform for visitors of the expo in Hannover, Germany.

     
  • Billionaires Prince Alwaleed bin Talal, Bill Gates Team Up to Defeat Polio
     

    Two of the richest men in the world, and the two richest men in the United States and Saudi Arabia respectively, are teaming up through their foundations to finally eradicate polio, according to a press release. “The Alwaleed Bin Talal Foundation-Global (Registered in Lebanon), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, signed […]

     
  • Hard Choices Ahead for MENA Energy Pricing
     

    In order for Saudi Arabia to effectively address some of its most pressing challenges it will need to make some hard, unpopular and, quite likely, disruptive choices.  The current uproar over the expulsion of illegal foreign workers, for example, doesn’t change the fact that it is a necessary step in re-ordering the incentives of private-sector […]

     
  • Stanford University in California Asks Five Questions of Saudi MBA Alumnus Fahd Al-Rasheed, CEO And Managing Director Of King Abdullah Economic City (KAEC)
     

    Saudi Arabia’s King Abdullah Economic City (KAEC) is set to astonish the world when completed, and it is only one of four brand new cities that will be constructed by the Kingdom in the coming years. At a cost of more than $100 billion, Saudi Arabia began construction on four new economic cities designed to […]

     
  • Op-Ed: Block of WhatsApp, Skype Flunks Smart Phones
     

    The proposal by telecommunications regulatory commissions in Saudi Arabia to ban VoIP services like WhatsApp and Skype, which are an inexpensive and preferred way by many to communicate, particularly between students and families abroad, has caused several in the Saudi media to take issue with the ban.

     
  • A Kingdom’s Thirst: The Saudi Water Challenge
     

    It’s no secret that Saudi Arabia is a dry place in a particularly arid region of the world. The dearth of water resources in the Kingdom is among its foremost challenges, with some estimates predicting full depletion by 2050 if nothing is done.

     
  • The Saudis on the ‘Arabian Business’ Power 500 List
     

    The ArabianBusiness.com ‘World’s 500 Most Influential Arabs’ list for 2013 was released this week with the revelation that Saudi Arabia’s Prince Alwaleed bin Talal had topped the list for the 9th consecutive year. Although an impressive feat, there are 31 other Saudis on the list doing some amazing things in business, culture, the media and […]

     
  • 17-day long Janadriyah festival for Saudi Heritage and Culture to begin April 3
     

    The 28th National Festival for Heritage and Culture at Al-Janadriyah showcasing the cultures and traditions of Saudi Arabia will open Wednesday, April 3, the Saudi Gazette reports. The festival is a display of Saudi culture and tradition. China is a guest country at the celebration, and will have a pavilion that is 2.000 sq. meters “at the […]

     
  • Twitter Use Booms in Saudi Arabia: Infographic
     

    Bit.ly, a link-tracking service company, published a comprehensive look at global social media use, which found that Saudi Arabia is rapidly embracing Twitter. “In this country, most of the social sharing happens on facebook and twitter, but what about in the rest of the world?” bit.ly asks on its company blog. The findings detail the number of […]

     
  • Out There
     

    Pat Ryan and his team at our sister site SUSRIS (say that fast five times) not only produce timely analysis and feature unparalleled current and historical resources pertaining to the Arabia and the larger Middle East they also find cool stuff like this.

     

MUST-READS

  • Arab Youth Survey 2023: Six in 10 support US ‘disengagement’ from region

    A third of young Arabs believe the US wields the most influence in the region, with a majority wanting this to change. The US was viewed as the country holding the most sway in the Arab world (33 per cent), ahead of the UAE (11 per cent), Saudi Arabia and Israel (both 10 per cent) and Russia (8 per cent), by respondents to the Arab Youth Survey 2023. Sixty-one per cent of those polled said they “strongly or somewhat support” US disengagement from Middle Eastern affairs. However, 66 per cent also said they expected the US to be a stronger ally than Russia over the next five years, while 62 per cent said the US would be a stronger ally than China.

  • The Houthis’ Economic War Threatens Lasting Peace in Yemen

    The Houthi campaign to deny revenue and resources to Yemen’s U.N.-recognized government threatens the country’s long-term stability and risks upending any Saudi-Houthi deal.

  • As Modi Preps for US Visit, Mideast Leaders Study India’s Nonalignment

    Arguably, the inflection point in U.S.-India relations was India’s testing of five nuclear devices in 1998. While the immediate aftermath was U.S. sanctions, the longer-term result was a Bush administration effort to embrace India that Bush’s successors have continued. Proof of success is the way the United States continues to praise India as the world’s largest democracy despite starkly illiberal approaches to India’s religious minorities. U.S. diplomats quietly complain that whatever it does, India seems to get a bye.

  • Saudi Arabia allocates $7.8 bln worth of investments for Expo 2030 – state media

    Saudi Arabia has allocated $7.8 billion worth of investments for Expo 2030, state news agency SPA reported early on Wednesday. "I highlighted the Kingdom’s investment of $7.8 billion in the Expo and the opportunities and enriched experience available to international companies," Saudi investment minister Khalid al-Falih said, as Riyadh made its bid for hosting the coming issue of Expo 2030.

  • 24 Memoranda of Understanding and agreements signed at French-Saudi investment forum

    The French-Saudi Investment Forum, which brought together policymakers, business leaders and innovators from both countries, concluded with the signing of 24 Memoranda of Understanding (MoUs) and investment agreements with a combined value of approximately US$2.9 billion. These agreements covered sectors including clean energy, hospitality, culture, healthcare, manufacturing, military industries, health and education training, and attracting well-known brands.

  • Top minister says Israel to keep promoting settlements despite U.S. concern

    "This is our country, all of it," said Finance Minister Bezalel Smotrich, who also holds some West Bank powers, during his party faction meeting. "Does anyone think that Israel will be managed like another U.S. state? I will not accept moral preaching from anybody," Kan broadcaster reported him saying.

  • Saudi Agricultural Development Fund approves $400m to improve farm productivity

    Farmers in Saudi Arabia attained SR1.5 billion ($400 million) worth of funding after the Kingdom’s Agricultural Development Fund signed off a tranche of development loans. According to a statement made on Tuesday, the fund approved the payouts for small farmers involved in greenhouse vegetable production, poultry breeding, and fish and shrimp farming. The statement added that refrigeration warehouses, dates manufacturing and marketing centers also received funding.

  • Turkey Erdogan Government Raises Minimum Wage by 34% in Second Hike in a Year

    Turkey raised its minimum wage for a second time this year, potentially adding to inflationary pressures making the job of the country’s new economic team harder. The monthly net minimum wage will rise by 34% to 11,402 liras ($483), Labor Minister Vedat Isikhan said in televised comments. That’s an increase of 107% from the end of last year.

  • Private Sector Investment in Saudi Economy Jumps 104%

    Non-governmental private sector investments in Saudi Arabia’s GDP for the past year increased 22 percent to reach $242 billion. Compared to 2016, investments witnessed a considerable jump, reaching 104 percent, despite the impact of the coronavirus pandemic on economic activities worldwide. The Saudi government is seeking to empower the private sector and raise its contribution to the gross domestic product from 40 to 65 percent as a target for 2030. Saudi Arabia inaugurated the Private Sector Partnership Reinforcement Program (Shareek) to strengthen government and private sector collaboration, which he said would enable private investment of $1.33 trillion until 2030.

  • US, Saudi Arabia welcome restoration of ties between UAE and Qatar

    Font Size The US and Saudi Arabia issued separate statements on Monday welcoming the restoration of diplomatic ties between the UAE and Qatar. Saudi Arabia welcomed the move by the UAE and Qatar, acknowledging it as a testament to the robust relations among the countries of the Gulf Cooperation Council.