Ambitious Saudi Entertainment Push Announced by GEA’s Turki al-Sheikh

General Entertainment Authority's Turki al-Sheikh
Saudi Arabia is looking to maintain heavy investment in the entertainment sector in 2019, according to comments made by a top Saudi official, as it looks to make good on key Vision 2030 economic reforms.

Saudi Arabia

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U.S.-Saudi Relations

Saudi Aramco eyes multi-billion-dollar U.S. gas acquisitions: CEO

Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of ...



Analysis: The oil market’s missing link is OPEC’s oil consumption

Saudi power burn declined drastically in the last two years. Higher oil prices in 2018 should have stimulated economic activities and increased power burn, but ...



Saudi Arabia announces live music permits as part of ambitious ‘year of entertainment’

In his first press conference since he was appointed to the role, Turki Al-Sheikh unveiled a number of initiatives and projects ...



Gulf Arab economies likely to grow more slowly through 2020: Reuters poll

Gross domestic product in Saudi Arabia, the largest Gulf Arab economy and the world’s largest oil exporter, will grow 2.1 percent in 2019 and 2.2 ...


Renewable Energy

Saudi Arabia has for a second time set a mega-target for the development of renewable energy

Saudi Arabia’s decision to set a target of 58.7GW of renewable energy by 2030 evokes a definite feeling of deja vu. In 2013, the King ...


Saudi Economy

Slowdown in China won’t severely impact Saudi oil: Saudi Arabian finance minister: Video

Saudi Arabia’s Finance Minister Mohammed Al-Jadaan discusses the kingdom’s fiscal strategy, the oil market, and the Chinese economy. ...


Red Sea Project

Master plan approved for new Saudi eco-tourism mega project

The master plan for a project to develop 22 islands in the Red Sea off the coast of Saudi Arabia has been approved, with phase ...



Truffle hunting: Seeking Saudi Arabia’s ‘Diamonds in the dirt’

During the wet winter months Saudis flock to the desert to look for truffles, the pungent yet highly prized culinary ingredient. The edible fungus, known locally ...


Capital Markets

WEF: Saudi Arabia’s inclusion in benchmarks will change the market

Saudi Arabia’s long-awaited inclusion in major global benchmarks could have an immediate and dramatic impact on financial markets, according to the chairman of the kingdom’s ...


Defense Industry

Saudi defense sector to continue strong growth

According to the latest figures, in 2017, Saudi Arabia was the third largest defense spender globally following the United States and China. In 2019, Saudi ...



Saudi Arabia trims list of authorized Brazil chicken exporters

Saudi Arabia has barred five Brazilian chicken processing plants from exporting to the Middle Eastern country, leaving 25 with valid export permits, Brazil’s meat trade ...


Saudi +

Regional and related topics

Iraq War

US Army says Iran won the Iraq war

That’s one of the findings of a massive historical study released Jan. 17, the first major military review of the Iraq war’s lessons. Commissioned in 2013 ...


War in Yemen

Yemen prisoner swap terms expected in coming days, government delegate says

Yemen’s warring parties are expected to agree on the terms of a prisoner exchange in around 10 days, a representative of the internationally recognized Yemeni ...


Warsaw Conference

US: Upcoming Mideast conference not aimed at demonizing Iran

The United States said Tuesday an international conference next month to promote peace and stability in the Middle East is not aimed at demonizing Iran, ...



UAE gives $3 billion to Pakistan; will it lift the rupee?

The new funds flow from the UAE will ease pressure on Pakistan's currency which plunged over 26 per cent in 2018. Analysts said the new ...



Bahrain got first funds from GCC aid last year

Bahrain was expected to receive $2bn late last year, officials told Reuters in October, as part of a $10bn aid package that Saudi Arabia, Kuwait ...



Saudi Arabia promises full support for Lebanon after Qatar offers aid package

“We are interested to see stability in Lebanon and we will support Lebanon all the way,” Mohammed Al-Jadaan said at the World Economic Forum (WEF) ...


ME Brands

Emirati Brands are Jewel in the Crown of Middle East

The Middle East is home to 5 of the world’s 500 most valuable brands, with notable performances from Abu Dhabi’s ADNOC and Etisalat, according to ...



The Middle East Is Dotted With Thousands of Puzzling Kite-Shaped Structures

Rémy Crassard, an archaeologist at the French Center for Archaeology and Social Sciences in Kuwait, explains that in the 1990s, just a few hundred kites ...



Afghan CEO urges patience amid talk of US troops withdrawal

“Don’t lose patience,” Abdullah Abdullah told The Associated Press in an interview at the World Economic Forum in Davos, Switzerland. “We all made mistakes in ...



Israel: Advanced missile defense system successfully tested

The Defense Ministry said the successful test of the Arrow-3 interceptor is “a major milestone” in Israel’s ability to defend itself “against current and future ...


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