RETAIL

The Impact of Reforms on The Saudi Retail Experience – Report

Retail
A report today in Reuters highlights the impact that Saudi Arabia's Vision 2030 economic and social reforms are having on Saudi Arabia’s malls and bazaars - which are changing as retailers embrace a shift in shopping habits.

Saudi Arabia

News, analysis, and more

NEOM

Funding the World’s Most Ambitious Project

On September 9, the Neom team announced it has started to conduct environmental, archeological, and geological surveys to prepare for sustainable construction in the area. ...

 

Retail Trends

Cinemas and fast fashion: Reforms change Saudi shopping habits

Cuts to electricity and petrol subsidies and a rise in VAT have eaten into household budgets and many are making savings by switching from luxury ...

 

Global Oil Markets

Analysis: Saudi Arabia’s untested claims of spare capacity may be put to the test

The kingdom says it holds the ability to pump 1.5 million b/d above its current output of some 10.4 million b/d -- crude that could ...

 

Visas

Saudi Arabia to offer visit visas for sport and culture events 

Saudi Arabia has for the first time launched an online visa that will allow people to visit the country for sporting events and concerts. ...

 

Investment

Saudi Arabia, four other Gulf states to enter key JP Morgan bond indexes

Saudi Arabia and four other Gulf states will enter JP Morgan’s emerging market government bond indexes next year, a move likely to lure billions of ...

 

Saudi-Germany

Saudi Arabia and Germany Say Their Year-Long Rift Is Ending

In a joint press conference on the sidelines of the United Nations General Assembly on Tuesday, Saudi Foreign Minister Adel al-Jubeir invited German Foreign Affairs ...

 

Saudi-Canada

Freeland Lauds Saudi Counterpart Ahead of Potential Meeting

Canada’s foreign minister says she might meet her Saudi Arabian counterpart this week during the United Nations General Assembly as the two nations look for ...

 

Iran Parade Attack

Saudis deny involvement after Iran video threatens strikes on Riyadh, Abu Dhabi

Saudi Arabia denied that it had backed the gunmen who killed 25 people at a military parade in southwestern Iran over the weekend, almost half ...

 

FATF Report

Saudi Arabia Accused Of Turning A Blind Eye To International Terrorism Financing By Global Watchdog

The new laws were coming in just as the FATF was conducting its research for this report and it is too soon to judge how ...

 

Haramain Railway

Saudi Arabia opens high-speed rail linking Islam’s holy cities

The 280-mile (450km) Haramain railway connecting Mecca and Medina with the Red Sea city of Jeddah cost £6bn ($7.87bn) and is one of the largest ...

 

Anti-Corruption

Saudi Arabia drops statute of limitations from anti-corruption law

Saudi Arabia amended an anti-corruption law on Tuesday to remove a 60-day statute of limitations for investigating allegations against current or former ministers, as part ...

 

Housing and Real Estate

Saudi real estate valuers to benefit from RICS’ stamp of approval

Real estate valuers in Saudi Arabia are set to have their industry credentials further boosted following a preliminary agreement signed with the UK-headquartered Royal Institution ...

 

Industry

Tenaris to acquire significant stake in Saudi Steel Pipe Company

Tenaris S.A. announced today that it has entered into a definitive agreement to acquire from a private group 47.79% of the shares of Saudi Steel ...

 

Health and Fitness

Gautam Chintamani pens biography of Saudi’s first yoga teacher Nouf Marwaai

Nouf Marwaai was instrumental in making Yoga legal and get official recognition for it in Saudi Arabia ...

 

Saudi +

Regional and related topics

UNGA

Trump ‘didn’t expect’ UN speech reaction he got

Trump's second-ever address to the international body served to reaffirm to a domestic political audience, just as much as to the world, Trump's continued commitment ...

 

Iran Parade Attack

Khamenei appears to point finger at IS for Ahvaz attack

While Iranians in the province of Khuzestan held funeral processions for the victims of a terrorist attack on a military parade, there still seems to ...

 

Turkey

Turkey’s Erdogan says court will decide fate of detained U.S. pastor | Reuters

Turkish President Tayyip Erdogan said a Turkish court, not politicians, will decide the fate of an American pastor whose detention on terrorism charges has hit ...

 

ME Missiles

Perspective: The coming Middle East missile arms race

Conversations I have had with Gulf military leaders in recent years suggest a consensus view that attempts to deter Iran from further developing its missile ...

 

Climate Change

Big Oil Warns of Backlash as It Makes Vow on Climate Change

The world’s biggest oil and gas companies made an unprecedented vow to cut their contributions to global warming, even as they warned of a potential ...

 

Gaza

Gaza economy in crisis: World Bank report warns that it’s in ‘free fall’

The Gaza Strip's economy is in "free fall", a report from the World Bank warned on Tuesday, calling for urgent action by Israel and the ...

 

War in Yemen

Yemeni army continues combing of Houthi pockets in Hodeidah

The Yemeni national army continued on Wednesday, to comb through the southern areas of Hodeidah governorate, targeting Houthi barracks and positions in the vicinity of ...

 

Syria

Commentary: The White House just revealed massive mission creep in Syria. Here’s why.

Officially, the only mission for U.S. troops on the ground in the region ― including about 5,000 U.S. troops in Iraq and 2,200 in Syria ...

 

Qatar

Qatar Said to Expect $40 Billion Income Boost From Gas Expansion

Qatar will generate $40 billion in additional export revenue once it competes its natural gas expansion project in 2024, according to a person with direct ...

 

Arabic in France

How teaching Arabic in school could combat radicalization

In France today, according to the Ministry of Education (link in French), only about 0.1% of primary school kids, or 567 students, learn Arabic. In ...

 

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