JADWA INVESTMENT

Saudi Youth Unemployment Numbers Improve Significantly in 2018, Report Reveals

A construction worker in Saudi Arabia speaks on his mobile phone at a construction site in Riyadh.
A recently released report by Jadwa Investment, citing latest government data, shows major gains in curbing high youth unemployment in the Kingdom.

Saudi Arabia

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Women

Uber will let women drivers in Saudi Arabia request women riders

Uber now lets women drivers in the Kingdom of Saudi Arabia opt to pick up women passengers. ...

 

Saudi Aramco

Aramco plans to buy Shell’s stake in Saudi refining JV: sources

Saudi Aramco plans to buy Royal Dutch Shell’s 50 percent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said ...

 

Saudi-India

Saudi Aramco in talks for 25 per cent of Reliance’s refining, petrochemical units: Report

India is the world's third largest consumer of crude oil after the US and China, with daily use topping 4 million barrels per day (bpd). ...

 

AHAB

Saudi court rejects AHAB bankruptcy filings after decade-long dispute

A Saudi court has rejected two applications from conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) to have its decade-long dispute with creditors resolved under the ...

 

Labor

Saudi youth unemployment declines by 6% in 2018

Unemployment among Saudis declined slightly to 12.7 percent by the end of 2018 from 12.8 percent in 2017, according to the latest General Authority for ...

 

Economy

Saudi Arabia’s transformation into a diverse economy ‘accelerating’

Efforts under way in Saudi Arabia to transform the economy by privatizing several key state-owned entities and fostering new trade relations are explored in a ...

 

Cybersecurity

Saudi Arabia’s war against hackers

Saudi Arabia is the target of the highest number of cyberattacks in the Middle East, with over 160,000 hitting servers every day. The aim of ...

 

Housing and Real Estate

Saudi Arabia to spend $7m white land tax revenue on Riyadh homes

Millions of dollars generated by Saudi Arabia's white-land tax will be used to fund infrastructure for a government-led housing project in the north of Riyadh. ...

 

Saudi-Russia

Saudi Arabia’s al-Jubeir Meets Russian Foreign Minister

Saudi State Minister for Foreign Affairs Adel al-Jubeir held talks in Moscow on Tuesday with Russian Foreign Minister Sergei Lavrov. ...

 

Military

Saudi Arabia reportedly has more French artillery on order

Saudi Arabia is in the process of receiving more than 100 CAESAR 155 mm wheeled self-propelled howitzers and has ordered 105 LG1 105 mm light ...

 

Saudi-UAE

Saudi king hosts Abu Dhabi crown prince amid Sudan turmoil

Saudi Arabia's King Salman on Tuesday hosted Abu Dhabi's crown prince for talks, state media said, after the Gulf allies threw their support behind Sudan's ...

 

Saudi +

Regional and related topics

U.S.-Saudi Relations

Trump vetoes congressional resolution to end U.S. involvement in Yemen war

“This resolution is an unnecessary, dangerous attempt to weaken my constitutional authorities, endangering the lives of American citizens and brave service members, both today and ...

 

U.S.-Iran

Iran parliament brands US troops in Middle East as terrorist

Iran’s parliament has overwhelmingly approved a bill labelling US forces in the Middle East as terrorist, a day after Washington’s terrorism label for Iran’s Revolutionary ...

 

Space Technology

Defense priorities boost Gulf states’ space programs

The UAE’s and Saudi Arabia’s investments in space technology respond to a range of imperatives, including security, economic diversification and nation-branding. While their space programs ...

 

OPEC

OPEC Gambles With Success of Production Cuts as $80 Oil Looms

After managing to revive oil prices through production cutbacks, OPEC now risks squandering its victory again by letting crude surge too high. ...

 

Egypt

Egypt’s parliament backs measures that could extend Sisi’s term

Egypt’s parliament on Tuesday approved amendments to the constitution that could keep President Abdel Fattah al-Sisi in power until 2030, though they still have to ...

 

Libya

Fleeing battle for Tripoli, Libyan families take refuge in abandoned factory

At a shut-down factory in the Libyan capital, traumatized men, women and children are living in cramped huts that used to house workers but are ...

 

U.S. Army

Army Secretary Reveals Weapons Wishlist for War with China & Russia

Army Secretary Mark Esper said he wants to shift some money away from vehicles and aircraft more suited for conflicts in Afghanistan and Iraq and ...

 

Indonesia

5 facts about Indonesia as it holds national elections

This week, Indonesia holds a general election featuring 245,000 candidates running for 20,000 positions, including the country’s president. ...

 

Israel

After final vote tally, Rivlin to ask Netanyahu Wednesday to form new coalition

The president has no choice but to select the incumbent Netanyahu, after senior members of parties representing 65 of the 120 Knesset members recommended him ...

 

Israel

The Uncertain Future of Bibi-nomics After Israel’s Elections

Israel’s central bank has warned the government needs to make fiscal adjustments, but slowing economic growth and a strong electoral performance by ultra-orthodox parties -- ...

 

U.S. Department of State

Trump’s pick for top Middle East post set to advance

Sen. Tim Kaine, a Virginia Democrat serving on the panel, had been holding Schenker up since September in an unsuccessful bid to force the Trump ...

 

Ain Dubai

World record-breaker Ain Dubai to be ready for Expo 2020

At 250m, Ain Dubai is 200% taller than the first Ferris wheel in the world, and is also miles ahead of its current architectural contemporaries. ...

 

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