ECONOMY

‘Signs of Life’ in the Saudi Economy as Indicators Point to Improvements, Growth

Saudi Arabia may spend SAR 100 billion ($26.6 billion) more than originally planned in 2019.
Recently-released monthly data show signs of life in Saudi Arabia's economy, the Arab world's largest, according to reports.

Saudi Arabia

News, analysis, and more

Economy

Saudi Arabia’s Economy Is Starting to Show More Signs of Life

Early signs of a turnaround suggest that the rout which followed the 2014 oil crash has run its course as a gradual recovery takes hold, ...

 

Islamic Bonds

Saudi Arabia to issue $3 billion-$5 billion in international sukuk by third quarter – DMO chief

audi Arabia will issue $3 billion (£2 billion) to $5 billion in new international sukuk, or Islamic bonds, around the third quarter as part of ...

 

Saudi Stock Market

Saudi Arabia Stocks Could Rise On Index Inclusion

By the end, MSCI will add approximately $84 billion in Saudi Arabian equities, about 15% of its total stock market capitalization. ...

 

Arab Youth Survey

Young Saudis optimistic about future, Arab Youth Survey shows

The 11th annual survey is based on 3,300 interviews with Arabs between the ages of 18-24, split equally between men and women, in January this ...

 

War in Yemen

Saudi-led coalition attacks air base adjoining Sanaa’s airport

The raids targeted drone maintenance sites, a communications system and locations of drone experts and operators, SPA quoted coalition spokesman Colonel Turki al-Maliki as saying. ...

 

Riyadh Art

Riyadh Art Will Bring 1,000 Works of Art to the Saudi Capital in 2023

Of course, you’ll need a fair bit of work to properly cover Saudi Arabia’s most populous city—which is why the project aims to cover Riyadh ...

 

WWE in KSA

The Undertaker, Goldberg, Brock Lesnar Confirmed for WWE’s Saudi Arabia Event

WWE announced Wednesday that it will hold another event in Saudi Arabia this summer at Jeddah's King Abdullah Sports City Stadium on June 7. ...

 

Saudi Entertainment Ventures

Saudi Arabia looks east for next stage of entertainment revolution

The company is focusing on developing recreation and entertainment facilities in the Eastern Province, which has a growing population of about 4.9 million. ...

 

SABIC

Saudi petro giant plans 300MW solar park, confirms prototype PV cell tests

In February 2019, SABIC also acquired a majority stake in Texas-based nanotechnology company Black Diamond Structures, which produces modified carbon nanotubes for energy storage applications. ...

 

Oil Tanker

Saudi Arabia Responding to Iranian Oil Tanker Emergency

No one was injured in the incident and Iran denied any fuel had leaked out. The website MarineTraffic.com, which tracks vessels at sea, put the ...

 

Shaybah

Shaybah Airstrip a Logistical Achievement

Surrounded by sand dunes (with heights in excess of 175 meters) and embedded on two connected salt flats, the Shaybah airport is nestled in the ...

 

Saudi +

Regional and related topics

Arab Youth Survey

Religion ‘too influential’ in Middle East, say young people

The 2019 Arab Youth Survey, published on Tuesday, reveals that attitudes to religion and its role in society is changing rapidly among young adults, with ...

 

Turkey

Perspective: Ankara’s realignment with Russia will cost Turkey more than it thinks

One way Turkey could diversify its supplies — and assume its long-desired role of becoming Europe’s central energy hub — is by participating in the ...

 

ISIS

Baghdadi outlines path forward for Islamic State post-caliphate

No longer burdened by territory and administration, Islamic State group leader Abu Bakr al-Baghdadi outlined the new path forward for his group: Widen your reach, ...

 

EU-Iran

Why Europe is a battlefield for Iran’s internal wars

Under increasing pressure from the U.S. and regional rivals, the Islamic Republic feels like it is fighting for its survival. One result appears to be ...

 

Russia in the Region

Russia’s Strategic Balancing Act in Yemen

Although Russia’s military base ambitions and soft power promotion objectives hinge on its continued nonalignment in Yemen, Moscow has not completely detached itself from developments ...

 

China in the Region

Perspective: China’s Risky Middle East Bet

Strategically, together with Russia, China is taking advantage of the uncertainty produced by ever-shifting U.S. policies, including zero-sum prescriptions for Iran and Syria that are ...

 

Syria

US envoy kicks off Syria safe zone talks in Ankara

Turkey wants a lead role in a safe zone that would be 32 kilometers (20 miles) deep and stretch the length of Syrian Kurdish-controlled territory ...

 

Archaeology

Antiquities looted in Syria and Iraq are sold on Facebook

Facebook is being used by networks of traffickers to buy and sell looted antiquities, the BBC has learned. Private groups also discuss how to illegally excavate ...

 

F-35A

US Air Force conducts airstrikes with F-35 for first time ever

Tuesday’s airstrikes — the first U.S. use of the F-35A conventional takeoff and landing model at war — follow the combat employment Israel Defense Forces’ ...

 

Mubadala Investment Company

Abu Dhabi’s Mubadala finalising $2 billion revolving loan

The transaction is said to a rare loan deal in the Gulf debt markets, where borrowers are increasingly issuing bonds to diversify their funding base ...

 

Climate

Paris climate agreement: Democrats pushing bill to stop Trump’s exit

Although the bill has strong support in the Democratic-led House, it would likely die in the GOP-controlled Senate. Senate Republicans have shown little willingness to break ...

 

Recent Editions