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  • Education, Women’s Empowerment and Change
     

    There has been a significant investment in education, which is great. In the last eight or nine years the number of Saudi Universities has more than quadrupled from about seven to over 30. Some of that increase has been through splitting up existing, very large universities, like King Abdul Aziz University, into more manageable sizes. […]

     
  • Saudi car sector to accelerate
     

    Strong fundamentals coupled with a rapidly growing young population made Saudi Arabia the largest importer of vehicles and automotive parts in the Middle East in 2011, with the pace seen accelerating in the medium term, the National Commercial Bank said in its report on the Kingdom’s automotive sector released Wednesday. It noted that rising income […]

     
  • The Importance of Economic Diversification for Saudi Arabia
     

    In a clear break from past trends, Saudi Arabia’s private sector is growing. This trend can be in part explained by the increase in bank lending to private sector. In year-on-year terms, lending growth was at its highest since March 2009. More specifically, bank lending to private sector rose by 1.1 percent in April to […]

     
  • Saudi Arabia names Defense Minister Prince Salman new heir to throne
     

    Saudi Arabia’s ruler named Defense Minister Prince Salman bin Abdul-Aziz is the country’s new crown prince Monday — an expected nod that leaves power still within an aging and shrinking circle of leaders in one of the West’s most critical Middle East allies.

     
  • Saudi Arabia mourns death of Crown Prince Naif
     

    The funeral prayers for the Saudi Crown Prince Naif bin Abdul Aziz will be held at the Haram Mosque in Makkah following the Maghreb prayer today. The body will then be buried at the graveyard in the holy city. Muslim leaders from across the world started arriving in Jeddah on their way to Makkah to […]

     
  • Saudi Crown Prince Nayef dies
     

    Saudi Crown Prince Nayef bin Abdulaziz, a hard-line conservative who is credited with pushing back al Qaeda, has died, Saudi state TV said on Saturday. Nayef, who had been named crown prince in October by his brother the king, was heir to the Saudi throne. State TV is broadcasting Quran readings as an expression of […]

     
  • Five Facts About Saudi Arabian Horses
     

    The 2012 London Olympics have had many controversial headlines in the news about horse sports and Saudi Arabia. With that in mind, many people know about the Arabian horse’s influence in modern Thoroughbreds and equestrian athletics, what about a country these horses originate from? Interestingly, the country of Saudi Arabia is full of horse-related facts […]

     
  • Jadwa Investments May 2012 Inflation Report for Saudi Arabia
     

    Jadwa Investment’s recently released May inflation report for Saudi Arabia found a year-on-year decrease in inflation to 5.1 percent, the lowest since August 2011. Jadwa noted that the decline “was due to a fall in inflation for ‘other expenses and services,’ which stems from lower gold prices.”

     
  • Saudi Arabia remains largest takaful market
     

    The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an integral part of the mainstream financial system, with Saudi Arabia at the forefront, Ernst & Young executive said Wednesday at the opening of “The World takaful Conference: Asia Leaders Summit (WTC: ALS 2012)” at Hotel Istana, Kuala Lumpur. South East […]

     
  • Jadwa Chartbook June 2012: Sectoral Performance
     

    Riyadh-based Jadwa Investments recently released its June, 2012 Saudi ‘Chartbook’ which includes updates on the Saudi economy, trade, oil metrics as well as assessments of various sectors including banking, trade, and sectoral performance. Below is a snapshot of Jadwa’s analysis of the performance of Saudi Arabia’s main economic sectors. For the full Jadwa report, click […]

     

MUST-READS

  • Scientists unveil blueprint for affordable solar cells to power Saudi Arabia and beyond

    The authors of the article, published in Science, include Prof. Stefaan De Wolf and his research team at King Abdullah University of Science (KAUST) and Technology Solar Center. The team is working on improving solar efficiency to meet Saudi Arabia' solar targets.

  • Can Saudi Arabia win the Asian Cup?

    It has been 27 long years since Saudi Arabia won the last of its three Asian Cup trophies. Guided by Portuguese coach Nelo Vingada, the Green Falcons beat host nation UAE on penalties in a hugely tense final that had finished goalless after extra time. Over the course of two decades, Saudi Arabia was the unquestionable continental force in Asia, winning three titles – 1984, 1988 and 1996 – and reaching three finals in the seven tournaments between 1984 and 2007.

  • Saudi Arabia to use air taxis for future Hajj seasons

    According to officials, the logistics will handled by Saudia, the kingdom's national airline.

    Saleh bin Nasser Al Jasser, Saudi Arabia's Minister of Transport, last year said flying taxis would be tested during Hajj in the coming years.

    The air taxis will “run very soon” but not this year, officials told The National.

  • Dubai’s GII Invests $160 Million in Saudi Arabian Hospital Chain

    Gulf Islamic Investments LLC. has invested $160 million in Saudi Arabia’s Abeer Medical Company, the latest health-care deal in the kingdom as it looks to attract more private sector money into the industry. GII, as the Dubai-based firm is known, has acquired a minority stake in Abeer and will help it expand into new cities, according to a statement.

  • 4,000-year-old wall found around oasis in Saudi Arabia likely defended ‘against raids from nomads’

    A giant wall dating back around 4,000 years has been discovered surrounding an oasis in Saudi Arabia. The wall was originally 9 miles (14.5 kilometers) long and surrounded the Khaybar Oasis, located near the city of Al-'Ula. It was about 16 feet (5 m) high and 5.6 to 7.9 feet (1.7 to 2.4 m) thick, the team said in a statement.

  • Francis Ngannou moves Joshua fight camp from Las Vegas to Saudi Arabia

    Francis Ngannou is picking up his training camp and moving it to Saudi Arabia. The former UFC heavyweight champion is set to face Anthony Joshua on March 8th in Riyadh. That’s the same place he nearly defeated Tyson Fury in a boxing bout no one expected him to stand a chance in. “The Predator” silenced the doubters, knocking Fury down in the third round and losing a split decision by one controversial point.

  • Hunt for Critical Minerals Draws World Powers to Saudi Arabia

    Government officials and top mining executives descended on Riyadh this week to tap in to the gusher of cash the Saudis are pouring into mining investments. The kingdom is positioning itself at the center of a “super region” extending from Central Asia to the Middle East and Africa, which it says holds at least a third of the world’s natural resources, including critical minerals.

  • Saudi Arabia wants to be the Saudi Arabia of minerals

    On January 10th the government revised its estimate of the value of its buried mineral wealth from $1.3trn to $2.5trn. This includes deposits of gold, copper and zinc. By the standards of Saudi oil riches, worth perhaps $20trn at today’s prices, that looks modest. By any other measure, it is gargantuan.

  • US State Department Hails Saudi Arabia’s Efforts in Combating Terrorism

    The state Department praised the Kingdom's efforts to raise standards and measures using modern technologies and tools in the security field, especially in combating terrorism and its financing, the Saudi Press Agency (SPA) reported Wednesday. In its annual report on combating terrorism for 2022, the Department lauded the Kingdom for upgrading the security and international criteria for Saudi passports, adding that the new Saudi passport security features are comparable to the US' next-generation passport.

  • Saudi Arabia and Canada resume commercial activities after a hiatus of 5 years

    The Federation of Saudi Chambers announced the reopening of economic cooperation and the resumption of commercial activities and events between the business sectors of Saudi Arabia and Canada. This was after a hiatus of five years when the federation suspended the activity of the Joint Business Council, missions and trade delegations.