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  • Saudi Arabia Ghazal Defies Camels as SUV for Desert Market
     

    Saudi Arabia is venturing into a territory normally reserved for automakers. The kingdom is developing the Ghazal, a sport-utility vehicle for the hazards of the desert, to diversify its economy beyond oil. The SUV, built by King Saud University in Riyadh, is an all-wheel drive vehicle with a rugged carbon-fiber frame aimed at taking on […]

     
  • Sarah Attar Is a Saudi Trailblazer, By Way of the U.S.
     

    One of the first women to compete for Saudi Arabia at the Olympics was born and raised in California. The athletes are Wodjan Ali Seraj Abdulrahim Shahrkhani, who competes in judo, and Sarah Attar, a 19-year-old junior at Pepperdine University and a graduate of Escondido High School in California. Attar, who trains in San Diego, […]

     
  • Living Social
     

    In their pursuit to be where the young consum­ers are, brands have long identified social media as a crucial place to establish a presence. Where else will you find huge numbers of youngsters highly active and engaged? Results from market research company TNS indicate that 68 percent of MENA youth spend 12 hours per  week […]

     
  • Saudi Arabia to Send Olympic Women Athletes for First Time
     

    Saudi Arabia will send female athletes to the Olympic Games for the first time, the International Olympic Committee said, ending a ban by the kingdom where women aren’t allowed to drive. Wodjan Ali Seraj Abdulrahim Shahrkhani will compete in judo at the London Games and Sarah Attar will run the 800 meters. The athletes, who […]

     
  • Saudi Arabia Weighs Annual Budget to Boost Clean Energy
     

    An annual budget for renewables would differ from the feed- in tariffs that Germany, Spain, Italy, France and Britain offered to spur solar and wind power in their nations. Germany was first to introduce the feed-in tariff in 2004 and became the world’s biggest market for solar because of the subsidy, which is paid for […]

     
  • Saudi Arabia wins oil battle against Iran
     

    It seems that the first round in the series of the ferocious battles between Iran and Saudi Arabia, the two giant oil-exporting countries, was settled in favor of the latter. The Kingdom continued to produce oil regardless of the Iranian threats warning the Kingdom against filling the shortage in oil supplies that might result from […]

     
  • Showing Pragmatism, Egypt’s Morsi Looks to Saudi
     

    The first official foreign visit of any newly elected president represents a significant symbolic statement. Knowing this, new leaders choose their first visit very carefully, often selecting a country that is either a major strategic ally or an important trade partner. Nonetheless, the Egyptian government’s announcement that President Mohammed Morsi’s first foreign visit will take […]

     
  • Underground in Arabia
     

    Born and raised in Dhahran, I thought I had seen most of the natural wonders of the Eastern kingdom from the towering dunes of the Rub’ Al Khali to the pristine reefs of the Gulf, so it was a true surprise to read the manuscript for John Pint’s Underground in Arabia. I had visited the […]

     
  • Saudi Aramco to invest in new energy ventures
     

    Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. Saudi Aramco Energy Ventures LLC (SAEV) plans to invest in start-up and high-growth ventures offering new technologies to the upstream and downstream […]

     
  • Al Jubayl Saudi Arabia As Seen From Orbit at Night
     

    The city of Al Jubayl (or Jubail) is located on the coast of Saudi Arabia, along the Persian Gulf. The city has a history extending back more than 7,000 years, but since 1975 it has been associated with the petrochemical, fertilizer, and steel industries. At night, these industrial areas form a brightly lit region (image […]

     

MUST-READS

  • Lazard Follows Goldman in Setting Up Mideast HQ in Saudi

    Lazard Inc. became the latest Wall Street firm to comply with Saudi Arabia’s rules for foreign firms to set up their Middle Eastern base in the kingdom, months after larger rival Goldman Sachs Group Inc. secured a similar license. The New York-based firm has received a so-called regional headquarters license from the Saudi Ministry of Investment, according to people familiar with the matter, who asked not to be identified as the information is private.

  • Adam Neumann’s Flow Pushes Into Saudi Arabia in First Global Move

    Miami-based Flow is partnering with local investors to develop and own three apartment buildings in Riyadh, which will total roughly 920 units once completed, according to people familiar with the matter who asked not to be named citing private information. “Saudi Arabia presents a tremendous opportunity to invest in a place with dynamism and growth,” a Flow spokesperson said. “We are proud to bring our product to the region and help address a growing market need.”

  • Saudi Prince Turki Al-Faisal voices hope in Harris as US election approaches

    Highlighting the upcoming election, Prince Turki voiced optimism about current Vice-President and Presidential hopeful, Harris: “Her expression of empathy and sympathy for the Palestinians at least, sounded as if she might be willing to take some action,” suggesting a potential pivot from the perceived inaction under the Biden administration.

  • Saudi Arabia’s maritime sector is set to take on a more prominent role in the global supply chain

    Leading this transformation is the Saudi Ports Authority (Mawani), which has invested heavily in infrastructure to increase the capacity of its major ports, including Jeddah Islamic Port and King Abdulaziz Port. In 2023 alone, $3 billion was dedicated to infrastructure projects, such as establishing logistics parks and allocating $1.9 billion for the development and operation of two advanced container terminals.

  • Saudi Arabia plots space industry transformation

    Saudi Arabia’s sovereign wealth fund-backed Neo Space Group (NSG) is looking to lease multi-orbit capacity to bolster its foothold in the satellite market, ahead of likely owning and operating its own constellation. “Our team is currently working hard to identify those areas in the market where it makes sense to deploy our own capital,” NSG’s newly appointed CEO Martijn Blanken told SpaceNews in an interview.

  • Saudi EV market poised for significant growth by 2026, Petromin CEO predicts

    In an interview with Arab News at the EV Auto Show in Riyadh, Kalyana Sivagnanam, CEO of Petromin Group—a Saudi-based provider of automotive, lubricant, and EV charging solutions—indicated that EV sales could soon approach parity with internal combustion engine vehicles within the next 12 to 18 months. “By 2026/2027, you’re going to see a massive surge in the sales of electric vehicles,” Sivagnanam stated, linking this growth to rapidly changing market conditions and declining battery costs.

  • Celebrating Saudi National Day: A Time for Reflection, Progress, and Purpose

    In the two short years I've called Saudi Arabia home, I've witnessed a profound sense of national pride and passion that resonates deeply with me. Recently, I was honored to receive my Saudi premium residency. This personal milestone deepens my commitment to supporting the Kingdom’s bold objectives, such as economic diversification, sustainability, and innovation on a global scale.

  • Israel and Hezbollah trade fire after heaviest airstrikes yet

    U.N. peacekeepers in Lebanon urged immediate de-escalation as hostilities rumbled on at the Lebanese-Israeli border on Friday, following Israel's most intense airstrikes in nearly a year of conflict with the Iran-backed Hezbollah. Israel's military said on Thursday it had struck hundreds of Hezbollah rocket launchers that had been set to fire towards Israel, in what security sources in Lebanon said was the heaviest such attack since hostilities began last October.

  • Hack of Hezbollah devices exposes dark corners of Asia supply chains

    The lethal hack of Hezbollah's Asian-branded pagers and walkie-talkies has sparked an intense search for the devices' path, revealing a murky market for older technologies where buyers may have few assurances about what they are getting. While supply chains and distribution channels for higher-margin and newer products are tightly managed, that's not the case for older electronics from Asia where counterfeiting, surplus inventories and complex contract manufacturing deals can sometimes make it impossible to identify the source of a product, analysts and consultants say.

  • Device detonations reveal ‘incredible’ intelligence abilities: ex-NSA chief

    The perpetrators “had incredible ability to do targeting intelligence and to be able to actually know the numbers, know who’s got them, [and] know the periodicity upon which they’re using them,” said Paul Nakasone, the former director of the National Security Agency and four-star commander of U.S. Cyber Command.