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  • Saudi per capita water consumption 91% higher than global average
     

    Per capita water consumption in Saudi Arabia is 91 percent higher than the international average, according to a new report by the country’s Saline Water Conversion Corporation (SWCC). Saudi Arabia is the world’s largest producer of desalinated water, accounting for at least 17 percent of the total world output. The Kingdom has invested nearly $25 […]

     
  • Jadwa September 2012 Saudi Chartbook – Real Economy
     

    Jadwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.” However, Jadwa notes that the “healthy underlying economic momentum remains in place.” Below is a snapshot of […]

     
  • Shoura Council to appoint 30 women
     

    Saudi Arabia is expected to appoint 30 women on the Shoura Council before the consultative body begins its next annual session. “The expectations are that up to 30 women will be appointed to the Shoura,” sources close to the council told Al-Sharq Arabic daily. The newspaper said that talks have already begun with several institutions […]

     
  • The Island of the Arabs
     

    So in 1954 when Aramco’s New York office decided to produce a feature film about Saudi Arabia and the company’s role in the kingdom, they chose Dick Lyford to direct it. The film called Island of the Arabs begins with the early geologists landing in Jubail and then exploring in the desert. While sitting around […]

     
  • Saudis gear up for new academic year
     

    Saudi students, parents and educators are preparing for the new academic year, which begins September 1st. Shaher al-Jeddawi, programme director at a public school in Jeddah, said introducing English language courses in fourth grade is a major step “towards raising the level of education in general”. “The project this year applies to 4,200 schools out […]

     
  • Saudi banks most profitable in Middle East
     

    Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks lead the pack “having a good track record of maintaining strong asset quality and adapting adequate lending practices and underwriting standards,” Sheetal Kothari, research analyst, business and financial services practice, Frost & Sullivan, said. The […]

     
  • Beware the Siren Call of Jihad
     

    There’s a full-court press, likely at the instigation of Saudi Arabia’s government, to discourage would-be jihadis from traveling up to Syria. Saudi Gazette/Okaz report that a wide array of authority figures are warning enthusiastic youths of the potential dangers and about how their brothers and cousins fell into traps in Afghanistan, Chechnya, and Iraq. Usefully, […]

     
  • Saudi Arabia breaks onto contemporary art scene
     

    Saudi Arabia is making its mark on the global contemporary art scene: works by Middle Eastern artists such as Talal Al Zeid and Mohammed Farea are available at Lam Art Gallery in Riyadh, the Empty Quarter photography gallery in Dubai was founded by the Saudi photographer Princess Reem Al-Faisal, while Message/Messenger, a 2010 installation incorporating […]

     
  • 42 Amazing Photos of Ramadan 2012
     

    Ramadan, the Islamic month of fasting, will come to a close this weekend with the observation of a festival called Eid al-Fitr. Throughout this ninth month on the Islamic calendar, devout Muslims must abstain from food, drink, and sex from dawn until sunset. The fast, one of the five pillars of Islam, is seen as […]

     
  • For GCC, a Challenge Within Reach: The Gulf Rail Network
     

    Railways have never been the preferred mode of transportation in the Gulf, neither for passengers nor for goods, for geographic reasons and, mostly, due to the affordable prices of fuel for road transportation. But in the next few years, and in order to boost trade, Gulf countries are expected to spend more than $100 billion on rail […]

     

MUST-READS

  • KAUST unveils blueprint for affordable solar cells to power Saudi Arabia and beyond

    Perovskite/silicon tandem technology combines the strengths of two materials – perovskite's efficient light absorption and silicon's long-term stability – to achieve record-breaking efficiency. In 2023, the De Wolf laboratory reported two world records for power conversion efficiency, with five achieved globally in the same year, showing rapid progress in perovskite/silicon tandem technology.

  • Davos 2024: Saudi Arabia to Sell More Eurobonds ‘As Opportunities Arise’

    Saudi Arabia plans to sell more bonds after issuing $12 billion this month, according to its finance minister. “We need to manage our liabilities not only for this year, but for the years to come,” Mohammed Al-Jadaan told Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland. “We will tap the markets as opportunities arise.”

  • 15,000 empty seats for Supercoppa Italiana game in Saudi Arabia

    Napoli beat Fiorentina 3-0 in front of more than 15,000 empty seats in Saudi Arabia after ticket sales for the first ever Supercoppa Italiana semi-final fell flat. Thursday's game took place at the 25,000-seater King Saud University Stadium, also known as Al-Awwal Park. But the official attendance in Riyadh was just 9,762.

  • The Rig: Saudi Arabia reveals location of oil rig-themed resort and park

    There will be three hotels at The Rig, with a total room count of 800, alongside 11 restaurants, a marina and helipads as well as an extreme sports and adventure park. It will also feature a variety of water activities, a diving centre, an esports centre, as well as a theatre and a multipurpose arena. The project is being developed by the Oil Park Development Company.

  • Covid-19 in Saudi Arabia: ‘Wear masks in crowded places’ says health authority

    Saudi health authorities have urged people in the Kingdom to wear face masks in crowded places, amid concerns over the spread of infection diseases such as Covid-19. The JN.1 variant of Covid-19 has been identified in Saudi Arabia and was reported to have surged in the Kingdom.
    The Public Health Authority had previously allayed fears over the new variant, saying: “There is no truth to the risks and warnings being circulated about a new epidemic, as the JN.1 variant is considered one of the branching variants of COVID-19, and the effectiveness of immunisation with the developed COVID-19 vaccine is valid and there is no reason for concern and there is no need to apply strict measures”.

  • NEOM: 10 cities of Saudi Arabia’s $500bn gigaproject revealed

    Saudi Arabia’s ambitious gigaproject, NEOM, has unveiled plans for the creation of ten new cities as part of its groundbreaking $500 billion initiative. NEOM, the brainchild of Saudi Arabia’s Crown Prince Mohammed bin Salman, aims to transform the Kingdom’s economy and diversify its revenue streams beyond oil.
    Each of the ten cities is tailored to specific industries and sectors, with a focus on attracting global investments and fostering economic growth.

  • Saudi Arabia Flags Commodity Trading Ambitions With DME Stake

    The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange as it seeks to diversify its revenue and gain access to oil, metals and agricultural trading. Saudi Tadawul Group bought the holding in the DME, as the Dubai exchange is known, for 107 million riyals ($28.5 million), according to a statement on Thursday, making it the joint largest shareholder along with US-based CME Group.

  • In Davos, Israel’s president calls ties with Saudi Arabia key to ending war in Gaza

    Normalizing ties between Israel and Saudi Arabia would be a key element of ending the war with Hamas and a game-changer for the entire Middle East, Israeli President Isaac Herzog said Thursday at the World Economic Forum’s annual meeting in the Swiss town of Davos. “It’s still delicate, it’s fragile, and it will take a long time, but I think that it is actually an opportunity to move forward in the world and the region towards a better future,” Herzog said.

  • Exclusive: Saudi Arabia still considering BRICS membership, sources say

    Saudi Arabia is still considering an invitation to become a member of the BRICS bloc of countries after being asked to join by the group last year, two sources with direct knowledge of the matter told Reuters on Thursday. The group in August invited Saudi Arabia, the United Arab Emirates, Egypt, Iran, Argentina, and Ethiopia to join starting Jan. 1, although Argentina signalled it would not take up the invitation in November.

  • D.C. United set for four-game preseason trip to Saudi Arabia

    D.C. United plans to conduct much of its training camp in Saudi Arabia, finalizing an 18-day visit that might lead to annual preseason trips there and visits by Saudi clubs to Washington. United, which began workouts this week in Leesburg, will depart for the Middle East on Tuesday and play friendlies against Saudi clubs Al Wehda and Al Ettifaq, which is coached by former English star Steven Gerrard; Sudanese club Al Hilal; and the Sudanese national team.