Inflows Surge as Tadawul Upgrades to Inclusion in FTSE Russell and S&P Dow Jones Emerging Market Indices

Saudi Kingdom Tower Top Economy Riyadh

Saudi Arabia

News, analysis, and more

Saudi Stock Market

Saudi Arabia’s Tadawul joins global emerging markets indexes

Saudi Arabia’s stock exchange, the Tadawul, took its first step Monday of inclusion in two major international indexes: the FTSE Russell and S&P Dow Jones’ ...

 

Saudi Stock Market

Foreigners Splurge on Saudi Shares as FTSE Begins Upgrade

Foreigners were net buyers of about 1.6 billion riyals ($427 million) of stocks in the five days through March 14, more than any other week ...

 

Saudi Oil Policy

Saudi Falih optimistic on continued commitment to OPEC+ oil supply cut

Overall conformity with the cuts in the first two months of this year are less than levels seen in 2017 and 2018 but the oil ...

 

Airports

100m passengers used Saudi airports in 2018

More than 99.86 million passengers used Saudi airports last year, according to official data released on Saturday by the General Authority of Civil Aviation (GACA). ...

 

Saudi Cinema

Saudi film forum raises curtain on new-look cinema

GCAM is working toward achieving Quality of Life Program’s goal by opening 45 cinemas by 2020, said Al-Zahrani, who will inaugurate the Cinema Build KSA ...

 

Zakat & Tax

Saudi Arabia’s New Rules Set to Raise Islamic Tax for Some Banks

Saudi Arabia set out new rules for the calculation of an Islamic tax on banks that’ll result in them paying between 10 percent to 20 ...

 

Saudi Workforce

Over 166,840 Saudi women employed in kingdom’s private sector

While the total number of the women employed by the private sector stands at 308,766, up to 54.4 per cent – 166,848 – are Saudis, ...

 

Ride-Sharing Apps

Uber Lite app to be launched in the UAE, Saudi Arabia

Ride-hailing app Uber has announced it is launching Uber Lite, a redesigned, simplified version of the app in both the UAE and Saudi Arabia. Uber Lite ...

 

Construction Technology

The world’s largest 3D printer is coming to Saudi Arabia in 2019

The Bod 2 printer can produce buildings of 12x27x9m buildings, as well as three-storey structures of 300m2 per floor. ...

 

Public Investment Fund

Saudi Arabia’s PIF hires former IFC official as chief economist

Saudi Arabia’s sovereign wealth fund has appointed a former International Finance Corporation official as its chief economist within a plan to boost hiring and expand ...

 

Energy

US and Saudi Arabia blocking regulation of geoengineering, sources say

The United States and Saudi Arabia have hamstrung global efforts to scrutinise climate geoengineering in order to benefit their fossil fuel industries, according to multiple ...

 

Security

MoU signed to promote ‘culture of moderation’ in Saudi Arabia

A memorandum of cooperation was signed on Sunday in Jeddah between the Prince Khalid Al-Faisal Center for Moderation at King Abdul Aziz University and the ...

 

U.S. Congress

Trump ally caught in crossfire as White House clashes with GOP over Saudi Arabia

While sources close to Risch insist he is patiently navigating a complex situation, critics say he has struggled to balance his natural inclination to protect ...

 

Saudi +

Regional and related topics

War in Yemen

Yemen’s Houthis say ready to strike Riyadh, Abu Dhabi if coalition moves on Hodeidah

Yemen’s Houthi group said they were building their ballistic capabilities and their forces stand ready to strike Riyadh and Abu Dhabi if implementation of a ...

 

Anti-ISIS Campaign

Battle rages for last Islamic State Syria enclave

During an earlier lull in fighting, tiny figures of people still inside were clearly visible walking among hundreds of trucks, cars and minibuses clustered around ...

 

Syria

Commentary: Syria’s Civil War Is Now 3 Civil Wars

They are taking place in the three de facto independent areas whose boundaries are becoming apparent as the smoke from the previous battle clears ...

 

Trump Foreign Policy

Joint Chiefs chairman denies report that US is planning to keep 1K troops in Syria

James Jeffrey, the U.S. diplomat who oversees the global campaign against ISIS, told the Journal that the U.S. military presence in Syria a "force for stability" in ...

 

Global Oil Markets

Oil prices ease as OPEC comments on supply cuts remain hazy

The Organization of the Petroleum Exporting Countries and its allies said Sunday they were deepening their production cuts beyond the 1.2 million barrels per day ...

 

NATO

Trump Picks New Top NATO Commander

Wolters, who currently commands U.S. air forces in Europe and Africa and leads the region’s joint air command, will as NATO chief wear the customary ...

 

Israel

Palestinian suspected in killing two Israelis, wounding one in West Bank attack

Two Israelis were killed and one other seriously wounded after a Palestinian assailant opened fire at two locations in the occupied West Bank on Sunday, Israeli authorities said, ...

 

Egypt

Analysis: Despite friction, Egypt retains economic ties with Turkey, Qatar

Egypt has so far managed to keep its economic interests away from its foreign political disputes. Mostly. ...

 

Bahrain

Bailed-out Bahrain has little room for maneuver in economy reboot

As the weekend kicks off in Bahrain, Saudi Arabian and Kuwaiti cars jam the capital’s roads and hotel lobbies fill with visitors looking for bars, ...

 

Afghanistan

Analysis: Who Are the Private Contractors Fighting in Iraq and Afghanistan?

In 2016, 1 in 4 U.S. armed personnel in Iraq and Afghanistan was a private contractor. This means that the war is already being outsourced, yet ...

 

Recent Editions