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  • Saudi construction sector to gather steam in H2 2012
     

    The Saudi construction sector will further gather steam in the second half of 2012, the National Commercial Bank “Construction Contracts Index” for the second quarter of this year released Saturday indicated. NCB Construction Contracts Index reached 309.12 points by the end of the second quarter of 2012, with the total value of awarded contracts reaching […]

     
  • Saudi Athletes in London
     

    London 2012 was historic for both Saudi Arabia and the Olympic games. Saudi Arabia sent its first female athletes ever to the Olympics, completing a strong talking point for the games’ organizers: London 2012 was the first time every country competing in the Olympics sent at least one woman. Sarah Attar (800m) and Wojdan Shahrkhani (Judo) […]

     
  • Saudi success in show jumping underscores shift in equestrian order, helps its Olympic future
     

    Saudi Arabia appeared on the equestrian show jumping map in at the Sydney Games in 2000 when Khaled Al Eid won an individual bronze. He qualified for London but had to withdraw in July after his horse, Presley Boy, developed laminitis, a painful inflammation of the hoof. Some had considered the Sydney medal a blip, […]

     
  • Many in GCC Prefer to Get Medical Treatment Abroad
     

    While Gallup surveys show that most GCC residents are satisfied with the availability of quality healthcare in their area, outbound medical care remains an expensive problem for Gulf governments, with the UAE alone spending $2 billion per year to send its residents abroad for treatments. Patients may choose to travel abroad because of poor quality […]

     
  • The Secret History of America’s Thirty-Year Conflict with Iran
     

    A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms are remarkable given their source: David Crist, author […]

     
  • Graph of the Day – Saudi Oil Production Since 2008
     

    Jadwa Investment’s recently released Chartbook for the month of August 2012 found that  the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.

     
  • Saudi students to establish Islamic center at Murray State University
     

    Saudi students at Murray State University in Kentucky have received a license to establish an Islamic center where they can organize cultural and social programs along with observing religious rites. Saudi students had been performing their prayers and Iftar in a rented building in which other Arab and Muslim students participated. The city’s mayor and […]

     
  • Jadwa Saudi Chartbook: Inflation at 10 Month Low
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]

     
  • Obama authorizes secret U.S. support for Syrian rebels
     

    President Barack Obama has signed a secret order authorizing U.S. support for rebels seeking to depose Syrian President Bashar al-Assad and his government, U.S. sources familiar with the matter said. Obama’s order, approved earlier this year and known as an intelligence “finding,” broadly permits the CIA and other U.S. agencies to provide support that could […]

     
  • Jadwa Saudi Chartbook for August 2012: Banking Indicators
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since […]

     

MUST-READS

  • Saudi Arabia’s ‘Lost World’ mystique and futuristic giga-projects get a warm welcome in South Korea

    Saudi is gearing up to welcome 53,000 Korean visitors in 2023, an increase from 11,000 in 2022, not only due to its history, leisure, luxury, nature and adventure tourism offerings but for its seamless travel links. Since August 2022, Saudi's national carrier Saudia has been operating direct flights between Seoul and Riyadh, with the addition of a new Jeddah-Seoul route in March 2023 that is expected to further boost travel between the two countries.

  • Boeing Works to Win Another Saudi Deal, This Time for 737 Max

    The new carrier, owned by Saudi Arabia’s sovereign wealth fund, is shopping for about 300 to 400 single-aisle jets in total, including options, said the people, who asked not to be identified since the discussions are private. Talks are complicated, with timing and structure still in flux, and Airbus SE could also claim a portion of the order, some of the people cautioned. Boeing is pressing its advantage since Airbus has few available delivery slots for its A321neo jets before 2029, said the people. Negotiations continue, with a possible announcement at the Paris Air Show in mid June, though no decision has been made, they said.

  • Commentary: Shiites, Not Jews, Emerge As A Touchstone Of Saudi Moderation

    The watchdog, the Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-se), said the deletions were part of a broader textbook revision that also eliminated anti-Christian references and toned-down negative portrayals of infidels and polytheists.

  • Saudi Arabia’s special economic zones ‘pivotal’ to its future as an investment destination

    The zones were launched in April to offer companies financial and non-financial incentives as the kingdom seeks to attract more foreign investment and position itself as a global business centre. They will focus on the advanced manufacturing, cloud computing, medical technology and maritime sectors, all key growth areas. The special economic zones are the King Abdullah Economic City, Jazan, Ras Al Khair and Cloud Computing, which is located in the King Abdulaziz City for Science and Technology.

  • LIV Golf cranks up volume in bid to attract area’s youthful fan base

    “Our audience is so much younger and so much newer to the game generally than a traditional PGA Tour audience,” said LIV Golf broadcaster Jerry Foltz, formerly a longtime analyst for Golf Channel. “I think we just keep putting our product forward.” Targeting a younger fan base also has translated into more early-20-something players joining LIV. Spain’s David Puig, 21, is the youngest member of the LIV roster. Fellow Spaniard Eugenio Chacarra and Aussie Jediah Morgan are 23. Americans Matthew Wolff and James Piot are a year older.

  • Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths

    About USD 2.8 trillion is set to be invested globally in energy in 2023, of which more than USD 1.7 trillion is expected to go to clean technologies – including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps – according to the IEA’s latest World Energy Investment report. The remainder, slightly more than USD 1 trillion, is going to coal, gas and oil.

  • Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths

    About USD 2.8 trillion is set to be invested globally in energy in 2023, of which more than USD 1.7 trillion is expected to go to clean technologies – including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps – according to the IEA’s latest World Energy Investment report. The remainder, slightly more than USD 1 trillion, is going to coal, gas and oil.

  • Shamkhani Resignation: More About Iran’s Domestic Than Foreign Policy?

    Ali Shamkhani, the secretary of Iran’s Supreme National Security Council for the past decade, left his position on May 22, 2023, and was replaced by Ali Akbar Ahmadian, a senior figure in the Islamic Revolutionary Guards Corps (IRGC) and a comrade of the late Quds Force commander Gen. Qasem Soleimani.

  • America will no longer wage wars to enforce regime change in Middle East: US official

    Karlin described the new NDS strategy for the Middle East as a “paradigm shift” that was moving away from basing hundreds of thousands of static US troops in the region. Instead, the new paradigm would depend on working with regional partners through partnerships, complex military exercises, and interoperability of weapons systems. “This is a paradigm shift in our approach to the region, one that is de-emphasizing the unrealistic aims of transformation that are often pursed through unilateral military means,” she said. “Instead, this paradigm is focused on our competitive advantages and partnerships and the fundamentals of sound policy,” Karlin said.

  • Saudi PIF founds $3bln Saudi-Iraqi Investment Company

    Saudi sovereign wealth fund PIF has created a new unit to invest in various industries across Iraq, with a capital of $3 billion and headquarters in Saudi Arabia, the company's acting CEO said on Thursday. The Saudi-Iraqi Investment Company will invest in areas including infrastructure, mining, agriculture, real estate development and financial services, CEO Muteb Alshathri said during the Saudi-Iraqi Coordination Council held in the kingdom.