CEDA Approves Privatization Program in Progress for Vision 2030 Implementation

Crown Prince Mohammed bin Salman.

Saudi Arabia

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Privatisation

Saudi privatization program targets $11 billion non-oil revenues by 2020

It includes the corporatization of Saudi ports and the privatization of the production sector at the Saudi Saline Water Conversion Corp (SWCC) and the Ras ...

 

Solar Power

Softbank’s Mega Solar Deal in Saudi Arabia Faces a Rocky Future

Saudi Arabia’ssolarmarket looks headed for a major setback following concerns over the future of the world’s largest PV project. ...

 

Saudi Aramco

Aramco and France’s Total Looking at Buying Saudi Fuel Stations

Saudi Arabian Oil Co. and Total SA are weighing jointly buying businesses such as Tas’helat Marketing Co. to gain access to networks of retail fuel ...

 

Saudi-Iraq

Saudi Arabia eyes Iraq’s Anbar for potential investments

“This area is lacking in security," he said. "It is located on Saudi Arabia's border, and the two countries are trying to turn it into a ...

 

Saudi Stock Market

Saudi Shares Are the Most Expensive Since 2015

Saudi Arabian stocks are trading at the most expensive level since 2015 relative to emerging markets as foreign investors continue buying into a potential status ...

 

Inflation

Saudi Inflation Starts to Decline as VAT Impact Lessens

Consumer prices rose by 2.8 percent year on year in March, according to official statistics released on April 24, compared to a rate of 2.9 ...

 

WWE in Saudi Arabia

No female WWE wrestlers at Saudi Arabia show

WWE has been criticised for not having any female wrestlers in its Saudi Arabia show. ...

 

Fatimah Baeshen

Fatimah Baeshen, spokeswoman for Saudi embassy in DC

Baeshen is a socioeconomic strategist with more than 15 years of experience in the fields of intersection of economic reform, human rights, private sector development ...

 

Al Olayan Group

Saudi’s Olayan says IPO depends on market conditions

Saudi Arabian billionaire Lubna Olayan said on Wednesday that the timing for floating parts of her family’s business, one of the kingdom’s largest conglomerates, depends ...

 

Raif Badawi

Trudeau raises ‘serious concern’ over jailed blogger in call with Saudi king

Canada’s prime minister, Justin Trudeau, expressed his “serious concern” over the continued imprisonment of the Saudi blogger Raif Badawi to the kingdom’s King Salman bin ...

 

Saudi Magazine

Why Is Trump’s Favorite Publisher Selling Saudi Propaganda?

Though the magazine boasts of M.B.S.’s $3 billion fortune and 54,000-square-foot palace near Versailles, decidedly fewer column inches focus on the more problematic aspects of ...

 

Oil Prices

Trump’s oil tweet aimed at Saudi Arabia as prices rise

Even as US crude oil exports hit record levels this month, Donald Trump’s tweet late last week revealed that worrying about Opec’s policies is not ...

 

Drone Regulation

Saudi Arabia Finalizing Drone Rules Following Palace Incident

Saudi Arabia’s interior ministry is warning drone users to get permission before flying as officials scramble to finalize new regulations following an incident near the ...

 

Saudi +

Regional and related topics

Macron Visit to US

Macron steps up his bid to save the Iran deal

They also see its preservation as a test of the transatlantic relationship. That is the message Macron may deliver before a joint session of Congress on Wednesday and German ...

 

China in the Region

Commentary: How America’s Mistakes In The Middle East Are Benefiting China

China became the world’s largest investor in the Arab Middle East two years ago, with commitments of almost $30 billion and a close to 32 ...

 

Arab Summit

Opinion: Awaiting change: State of the Arab world is captured in photo from Saudi summit

How can Washington channel the Arab world’s concerns in support of U.S. policy rather than against it, and also minimize the impact of unexpected and ...

 

Syria Allied Strike

Commentary: An illusory victory: Was “mission accomplished” in Syria?

The attack itself was quite limited, and an analysis of other paths not taken indicates that better options—to accomplish the intended goal of preventing the ...

 

Iran in the Region

Recent Iranian shipments to Syria concern US intelligence

While weapons shipments into Syria are not uncommon, these flights involving Iran have caught the attention of US intelligence because they occurred in the days ...

 

Syria Civil War

UN says donors pledge $4.4bn dollars in aid for Syria and its neighbors in 2018

UN humanitarian chief Mark Lowcock says he expects donors to pledge 4.4 billion dollars in humanitarian aid for Syria and neighbors sheltering its refugees for ...

 

Saudi-Iran

Iran’s Foreign Minister Comes To America, Keeping One Eye On Saudi Arabia

When Iranian Foreign Minister Mohammad Javad Zarif walked into a roomful of reporters in New York on Saturday, he remarked on how his U.S. visit ...

 

Economic Confidence

Economic confidence in Middle East rebounds to highest level, say experts

Confidence in the Middle East has rebounded strongly, and now stands at its highest level since Q2 2015. GECS is the largest regular economic survey ...

 

Israel

Israel scraps contested plan to deport tens of thousands of African migrants

The Israeli government has scrapped a controversial plan to deport thousands of African migrants after a high-court petition filed by human rights groups challenged the ...

 

Global Arms

Opinion: Our Global Arms Addiction Must End – U.N. Disarmament Chief

Sixty-five years ago, U.S. President Dwight D. Eisenhower lamented the hidden human costs of the Cold War arms race: “Every gun that is made, every ...

 

Global Economic Crime and Fraud Survey 2018

Pulling fraud out of the shadows: A spotlight on the Middle East

PwC’s Middle East Economic Crime and Fraud Survey 2018 confirms that economic crime is maintaining its trajectory in the region and continuing to disrupt businesses. ...

 

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