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  • Saudi attitudes to women in the workplace change as job market gets kickstart

    “I told them they have to let me go, I cannot sit all my life like this,” Munira said. “The first time [I told them] they said ‘No, why? We can give you money’. I said ‘I don’t want to spend my life like this, I’m not looking for marriage yet, I need more experience in life’.” But her parents finally relented and today Munira, 28, works in a men’s clothes store in the capital and shares an apartment with her sister. She is one of the growing number of women working in the conservative kingdom, a trend that has helped change the face of retail outlets in the capital’s ubiquitous malls and delivered one tangible success of Crown Prince Mohammed bin Salman’s ambitious economic reform plan. In just four years, the participation of women in the labour force has almost doubled to 33 per cent.

  • Lebanon leaders need to make ‘real, serious change’: Saudi FM

    "Just the events of the last two days show us that Lebanon needs real, serious change," Saudi Foreign Minister Prince Faisal bin Farhan told reporters on a visit to Washington, a day after Lebanon's worst sectarian violence in years.

  • Opinion: Saudi Arabia – What Has Changed, What Hasn’t

    Ironically, the idea of Vision 2030 is to transition the kingdom away from oil and into a non-hydrocarbon future. But to fund that investment in future technologies, the kingdom needs its oil revenues as much as ever. Hence continuing relatively high Saudi production and its push for maximum prices.

  • Kernza: Sustainable grains for baking bread — and fighting climate change

    But Kernza — a domesticated form of wheatgrass developed by scientists at the nonprofit Land Institute — is perennial. A single seed will grow into a plant that provides grain year after year after year. It forms deep roots that store carbon in the soil and prevent erosion. It can be planted alongside other crops to reduce the need for fertilizer and provide habitat for wildlife. In short, proponents say, it can mimic the way a natural ecosystem works — potentially transforming farming from a cause of environmental degradation into a solution to the planet’s biggest crises.

  • Study Finds ‘Unprecedented Change’ in Demand for Electricity in Saudi Arabia

    The Kingdom’s electricity demand is stagnating for the first time in decades, suggesting that consumer behavior has structurally shifted, raising uncertainties about the potential trajectory of long-term electricity demand.

  • Saudi Exchange Tadawul Is Said Close to IPO at $4 Billion Value

    Riyadh has been the hottest market for IPOs in the Middle East in recent years, with new offerings oversubscribed, mostly by local retail and institutional investors. In 2019, the city hosted the $29 billion offering of the world’s biggest oil producer, Saudi Arabian Oil Co., with shares being sold mostly to Saudi investors seeking guaranteed dividends.

  • The Saudi Exchange Performance Report – First Nine Months 2021

    The total value of shares traded for the 1st Nine Months 2021 reached SAR 1,786.08 billion (US$ 476.28 billion), increasing by 31.87% over the previous year.

  • Is climate change policy to blame for energy price spikes?

    But the global effort to fight climate change is also causing problems. Europe’s wind farms haven’t seen a good breeze in months, and droughts in China and South America have dried up power generation from hydro dams. Meanwhile, surging prices for carbon pollution credits in Europe have made fossil alternatives even more expensive, and Chinese grid operators have come under mounting political pressure to help the country meet its carbon emissions targets by burning less coal.

  • Saudi exchange likely to end 2021 with over 30 new listings, regulator says

    Saudi Arabia’s stock exchange will likely end the year with more than 30 new listings, Mohammed El-Kuwaiz, the chairman of Saudi Arabia’s Capital Markets Authority, said on Monday at a conference in Riyadh.

  • UAE announces ministerial changes including finance, environment

    Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum -- Sheikh Mohammed's son and the current deputy ruler of Dubai -- has been appointed deputy prime minister and finance minister. Mohammed bin Hadi Al Husseini replaces long-serving Obaid Humaid Al Tayer as the Emirates' minister of state for finance, while Maryam Al Muhairi becomes the minister of climate change and environment.