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  • SACM Career Fair and Graduation Ceremony Begins in Washington
     

    Saudi students from around the United States are descending on the U.S. capital for a graduation ceremony and career fair organized by the Saudi Arabian Cultural Mission (SACM) on May 26-27. SACM, in coordination with the Saudi Ministry of Higher Education, will host the SACM Career Fair and Graduation Ceremony this weekend at the Gaylord […]

     
  • Saudi Arabia’s Bond With U.S. ‘Goes Beyond Energy’
     

    The U.S. and Saudi Arabia have a close relationship with a bond “that goes far beyond energy,” Saudi Oil Minister Ali al-Naimi said. The minister told graduates during his commencement speech at Lehigh University in Bethlehem, Pennsylvania, that “We seek together a world of greater understanding, mutual tolerance, and respect for human dignity and personal […]

     
  • Saudi Women Tackle Everest to Advance Breast Cancer Awareness
     

    To the ten Saudi women attempting a punishing ascent to a major milestone on the world’s highest peak, the dangers of reaching the Mount Everest base camp are no match for their cause. As a part of an ever-growing effort in Saudi Arabia, the campaign, “A Woman’s Journey: Destination Mount Everest,” intends to raise awareness […]

     
  • Statement on the Temporary Ban on Beef Imports from the U.S. to Saudi
     

    The Saudi Food & Drug Authority has issued a temporary ban on beef imported to Saudi Arabia from the United States. On May 2, 2012, the Saudi FDA issued decision 33/90 preventing the import of all beef products from the U.S. due to a confirmed case of BSE, bovine spongiform encephalopathy.

     
  • The Surprising $100 Billion Solar Investment
     

    If you thought Germany and California were aggressively trying to add solar power to the grid, the oil state of Saudi Arabia is giving both of them a run for their money with recent plans to enter the solar market. The country is looking for investors in a $109 billion plan to build 41 GW […]

     
  • Effat University on the Forefront of Change in Saudi Arabia
     

    I was also impressed to see Effat graduating a quarter of its students from its College of Engineering, which it established in partnership with Duke University’s Pratt School of Engineering. When I first visited Effat seven years ago, it was still in the early stages of establishing engineering as a degree, a first for women […]

     
  • Saudi Arabia’s First Female Director Brings ‘Wadjda’ to Cannes
     

    Wadjda, the first-ever film shot in Saudi Arabia, hits the Cannes market as The Match Factory begins pre-sales at Cannes’ Marche du Film on the coming-of-age drama from Haiffa al Mansour, the first female Saudi filmmaker. Haifaa wrote and directed Wadjda, which tells the ordinary but uplifting story of Wadjda, an 11-year-old girl growing up in […]

     
  • Global Markets Drag on TASI
     

    The TASI has dipped over the past month, primarily due to global factors. First quarter results of listed companies point to ongoing strength in the domestic economy, with profits 14.9 percent higher than in the first quarter of 2011. Nonetheless, the TASI is down by 10 percent since the end of March, mirroring falls on […]

     
  • Baseball and Saudi Economic Policy
     

    Dr. Muhammad Al-Jasser, Minister of Economy and Planning, recently spoke to the Young Businessmen’s Committee of the Riyadh Chamber of Commerce and Industry. Though the setting would appear innocuous, Dr. Al-Jasser’s remarks were not. The theme was the Future Vision of the Saudi Economy and they are worth reading in full.

     
  • Opening the TASI: What You Need to Know
     

    Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time.  The initial step toward this action was to give other GCC countries the right to invest […]

     

MUST-READS

  • Saudi Minister of Commerce Concludes Visit to Republic of Korea

    The Saudi Minister of Commerce and Chairman of the Board of Directors of the National Competitiveness Center (NCC), Dr. Majid bin Abdullah Al-Qasabi, met with the Minister of Land, Infrastructure and Transport, Dr. Sangwoo Park, today in Seoul, Republic of Korea. The meeting, which also had the Kingdom of Saudi Arabia's Ambassador to the Republic of Korea, Sami bin Mohammed Al-Sadhan, in attendance, covered discussions on the Kingdom's Vision 2030, economic and development reforms, cooperation and partnership opportunities, and the exchange of expertise, particularly in priority sectors.

  • Saudi equestrian team gears up for Paris 2024 Olympics with high hopes and fond memories

    As the Saudi equestrian team prepares for their participation in the Paris 2024 Olympics, they are filled with memories of their last Olympic appearance, where they secured a bronze medal in the team event at the London 2012 Olympics. On Thursday, the team will compete in the mixed team show jumping event at the historic Palace of Versailles arena, established in Paris in 1624.

  • Lawyers for Saudi Arabia seek dismissal of claims it supported the Sept. 11 hijackers

    Lawyers for Saudi Arabia argued Wednesday that the country fought against terrorism and al-Qaida, just like the United States, in the 1990s and should not be a defendant in lawsuits seeking over $100 billion for relatives of people killed in the Sept. 11 terrorist attacks. U..S. District Judge George B. Daniels listened Wednesday to arguments about evidence in the two-decade-old Manhattan case, but he did not immediately rule.

  • Saudi Arabia makes significant progress in WEF skilled employees index

    Saudi Arabia has been strengthening its labor market for the last few years. The number of Saudi nationals working in the private sector increased from 1.7 million in 2019 to over 2.3 million in 2024, and the unemployment rate dropped to 7.6% during Q1 2024.

  • The regional impact of Ismail Haniyeh’s assassination

    The killing of Hamas political leader Ismail Haniyeh in Tehran and the killing of a Hezbollah senior commander in Beirut could be designed to allow Israeli Prime Minister Benjamin Netanyahu to declare some victories and move toward winding down the war in Gaza, or they may signal his intentions to escalate the conflict and possibly drag the US into a wider regional contest with Iran and Hezbollah.

  • Saudi Arabia allows employment of expatriate dependents in health and education sectors

    The Ministry of Human Resources and Social Development has introduced a new initiative to enable the employment of expatriate dependents holding dependent visas in the health and education sectors, Okaz newspaper reported. The ministry outlined the steps to access this service. Users need to log into the Ajeer platform, select the Ajeer Dependents Service, fill out and submit the contract, and issue a dependents' permit.

  • Saudi Arabia allows 100% foreign ownership in most business sectors

    Saudi Vice Minister of Commerce and CEO of the National Competitiveness Center (NCC) Dr. Eman Al-Mutairi noted that the Kingdom allows 100% foreign ownership in most business sectors, a significant factor in attracting international investment. This was highlighted during the Saudi-Korean Business Forum on Tuesday, where Commerce Minister Dr. Majid Al-Qasabi emphasized that Saudi Arabia's Vision 2030 has led to substantial economic diversification, fostering sustainable and inclusive growth, and encouraging innovation across various business sectors.

  • Saudi Arabia issued more than 82,000 visas for events in 2023

    Saudi Arabia issued a total of 82,201 entry visas last year for foreigners to attend a calendar of sports, cultural and entertainment events as the kingdom is increasingly opening up to the outside world. The Saudi Ministry of Sports took the lead in the number of visas constituting 63 per cent of the total followed by the General Entertainment Authority with 22 per cent, and the Culture Ministry with 11 per cent, according to a breakdown in the Saudi newspaper Al Watan.

  • U.S. officials in Saudi Arabia to discuss Yemen as Israel-Hezbollah tension grows

    A senior U.S. delegation arrived in Saudi Arabia on Tuesday for talks about the situation in Yemen and the recent escalation between Israel and Houthi rebels, three U.S. officials said. The U.S. delegation is headed by Brett McGurk, the White House's top Middle East adviser, U.S. officials said. The State Department's top Middle East diplomat Barbara Leaf, the U.S. envoy for Yemen Tim Lendeking and the Pentagon's top Middle East official Dan Shapiro are also part of the delegation.

  • Saudi deeptech Intelmatix scores $20 million Series A

    Founded in 2021 by a group of MIT graduates led by Anas Alfaris, Almaha Almalki and Ahmad Alabdulkareem, Intelmatix provides both public and private sectors with accessible AI and advanced analytics that delivers technologies to improve operations, productivity, growth, and sustainability.