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  • In Egypt, Saudi Arabia’s King Salman Reaffirms Commitment to Bi-Lateral Ties
     

    In what is being hailed as a landmark visit, Saudi Arabia’s King Salman arrived in Egypt to re-affirm Saudi-Egyptian ties and engage a critical regional ally on key foreign policy concerns. King Salman, who was also accompanied by Deputy Crown Prince Mohammed bin Salman and dozens of Saudi officials and leaders, including 14 ministers, was received […]

     
  • Crown Prince Mohammed bin Naif Joins Twitter
     

    Following the lead of King Salman and other top Saudi government officials, Saudi Arabia’s Crown Prince has joined the social microblogging website Twitter using the handle @M_Naif_Alsaud.  The Crown Prince chairs the Council of Political and Security Affairs (CPSA) and is Minister of Interior of Saudi Arabia. His first tweet, sent on April 5, 2016 […]

     
  • Saudi Arabia was world’s third largest military spender in 2015, surpassing Russia
     

    Saudi Arabia surpassed Russia in military spending for 2015 to be the world’s third largest spender on defense, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The United States retained its top position globally in total military spending in 2015, accounting for almost one-third of all military spending globally. The […]

     
  • Saudi Arabia taking ‘unprecedented hands-on role in housing finance and development’
     

    Saudi Arabia’s housing minister Majed al-Hogail gave an interview with Bloomberg last week in which he discussed the government’s plans to create its own development company and start a mortgage-guarantee fund to encourage banks to increase lending for Saudis. “‘We are looking to improve the productivity of the local developers’ but also trying to attract international […]

     
  • Throwback: Photos of King Salman at King Saud University, 40 Years On
     

    Recently released photos by the Saudi Press Agency (SPA) show King Salman at the King Saud University roughly 40 years ago, as the then-prince assisted in shaping the Riyadh-based University to be what it is today. King Saud University (KSU) is billed as “the premier institution of higher education in the Kingdom of Saudi Arabia. Prince […]

     
  • New Homeland Security Decision Allows Saudi Students to Stay in U.S. for 3 Years By Getting On the Job Training
     

    The United States Department of Homeland Security (DHS) recently published a new rule allowing F1 students the opportunity to stay in the country longer “by getting training on the job at some companies for a period of 36 months,” according to a report in Arab News and information posted to the DHS website. According to DHS, […]

     
  • What Will Be Saudi Arabia’s Next Tourist Destination?
     

    Saudi Arabia’s King Abdullah Economic City (KAEC) attracted more than 100,000 visitors last year, a sign that the planned mega city about 100 miles north of Jeddah on the Red Sea might become Saudi Arabia’s next domestic tourist destination. Although Saudi citizens typically flock to Dubai, Bahrain, or elsewhere abroad for leisure trips, that might […]

     
  • In Bid to Boost Transparency, Saudi Regulators Require International Banks to Disclose Financial Statements
     

    Saudi Arabia’s Capital Markets Authority (CMA) is instructing international banks to publicly disclose financial statements for the first time as the kingdom seeks to boost transparency, according to a report in Bloomberg. The Bloomberg report says that companies under the regulation of the CMA in Saudi Arabia must publish the financial information on their websites […]

     
  • Surge in Flights from Saudi Airports as Kingdom’s Aviation Sector Booms
     

    Saudi Arabia’s airports have seen a “substantial growth in international traffic” as the number of international flight services from the Kingdom’s airport surges 50% since last year. The number of international flight services from the domestic airports jumped by 51.5 percent to 26,361 at the end of 2015 from 17,405 in 2014, according to a […]

     
  • Construction Payment Delays Draw International Attention, Report Says
     

    Foreign governments are pressing both government authorities and company executives in Saudi Arabia “to ensure that local construction firms make delayed salary payments to thousands of workers, a sign of pressure on the kingdom’s economy due to low oil prices,” according to a Reuters report. Construction firms in Saudi Arabia are have been squeezed as […]

     

MUST-READS

  • 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.

  • Saudi Arabia: Peace with Israel conditioned on Gaza ceasefire, path to Palestinian state

    The Saudi ambassador to the U.S. said at the World Economic Forum on Thursday that any potential normalization agreement with Israel would be conditioned on a ceasefire in Gaza and the creation of an "irrevocable" pathway towards a Palestinian state. Why it matters: Princess Reema bint Bandar Al Saud echoed what the Biden administration has recently said publicly and privately to Israeli Prime Minister Benjamin Netanyahu.

  • China’s ageing population threatens switch to new economic growth model

    China's ageing population threatens key Beijing policy goals for the coming decade of boosting domestic consumption and reining in ballooning debt, posing a severe challenge to the economy's long-term growth prospects.
    A record low birth rate in 2023 and a wave of COVID-19 deaths resulted in a second consecutive year of population decline, accelerating concerns about China's demographic downturn.
    Large groups of the 1.4 billion people living in the world's second-largest economy will exit the labour pool and age past a prime period of their lives for consumption, exacerbating structural imbalances that policymakers have vowed to address.

  • Hezbollah rejected US overtures, still open to diplomacy to avoid wider war

     Iran-backed Hezbollah has rebuffed Washington's initial ideas for cooling tit-for-tat fighting with neighbouring Israel, such as pulling its fighters further from the border, but remains open to U.S. diplomacy to avoid a ruinous war, Lebanese officials said.
    U.S. envoy Amos Hochstein has been leading a diplomatic outreach to restore security at the Israel-Lebanon frontier as the wider region teeters dangerously towards a major escalation of the conflict ignited by the Gaza war.

  • Driving in the desert: Surreal images from the Dakar Rally

    Racers compete in the grueling Dakar Rally in Saudi Arabia, one of the most famous, and dangerous, off-road races in the world.

  • SPARK and Schneider Electric sign agreement for high-tech manufacturing facility in Saudi Arabia

    King Salman Energy Park (SPARK), the leading industrial ecosystem provider, signed an agreement with Schneider Electric, a global leader in digital transformation and energy management and energy efficiency, for a multi-faceted manufacturing facility. The 20,000 sq. meters, facility will be built within SPARK, located between Dammam and Al-Ahsa. The facility will manufacture key systems including Distributed Control System (DCS), Emergency Shutdown System (ESD) and Compressor Control System (CCS) to support Saudi Arabia’s energy value chain.

  • Israel’s War in Gaza Enters Its Most Perilous Phase Yet

    The Israeli military largely controls the north of Gaza after heavy bombardment reduced much of its urban areas to rubble, along with many tunnels. Hamas’s battalions there were smashed, although pockets of resistance continue. Many thousands of civilians were killed too. Most of the population fled south.

    But Israel’s progress in the south is facing a logjam. Its forces are closing in on a swollen population of displaced Palestinians who are running out of places to flee. An international outcry is mounting over the heavy toll of civilian deaths and injuries, raising pressure on Israel to change its tactics.

  • Washington Struggles To Stem The Slide Toward Regional War

    Secretary Blinken’s January itinerary did not include Lebanon, but another envoy, Amos Hochstein, has been tasked to try to de-escalate the skirmishing between Israel and Lebanese Hezbollah that began after the Hamas attack on Israel. Of members of Iran’s axis of resistance, Hezbollah is probably the most capable of causing widespread destruction inside Israel and drawing in its sponsor, Iran, into a region-wide war. Hochstein has sought to enlist Lebanese leaders – many of whom resent Hezbollah’s wielding of a large, Iran-supplied armed force outside the chain of command – to persuade Hezbollah not to draw Lebanon into a war with Israel.

  • Iran’s Revolutionary Guard deployed in Yemen

    The IRGC has stationed missile and drone trainers and operators in Yemen, as well as personnel providing tactical intelligence support to the Houthis, U.S. and Middle East officials told Semafor. The IRGC, through its overseas Qods Force, has also overseen the transfer to the Houthis of the attack drones, cruise missiles, and medium-range ballistic missiles used in a string of strikes on Red Sea and Israeli targets in recent weeks, these officials said.