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“The Saudi G20 Presidency is committed to continuing the work from Osaka and promoting multilateral consensus. Working with our G20 partners, we will strive to deliver concrete actions and realize opportunities to enable us to face the challenges of the future.”

Crown Prince Mohammed bin Salman, in a press release announcing that Saudi Arabia had officially assumed the G20 presidency. [Press Release]

TOP STORY

Saudi Arabia Assumes G20 Presidency, Launches Promotional Video

Saudi Arabia has assumed the presidency of the Group of 20 nations (G20) for the year as it gears up to host the annual G20 meeting in Riyadh in 2020.

The Kingdom launched a promotional video that has been widely shared on Twitter and other social platforms. [more]

 

MORE TOP STORYLINES

Saudi Arabia celebrates 5th anniversary of King Salmans accession to the throne

In saudigazette.com.sa : The people of the Kingdom of Saudi Arabia and its residents are all set to celebrate on Saturday (Nov. 30, 2019) corresponding to Rabee’ Al-Akhir 3, 1441H, the fifth anniversary of Custodian of the Two Holy Mosques King Salman’s accession to the throne as King of Saudi Arabia. With hearts full of love, peace of mind, and sense of accomplishments and gratitude for the generous contribution by the state in all fields of life, the people are discerning the development, the state authorities and institutions are achieving in all regions of the Kingdom.

Investors have been making a fortune in an obscure corner of the Saudi market: Cement producers.

Via Filipe Pacheco in bloomberg.com : Six out of the top 10 best performing stocks in Riyadh are cement makers.

Britons and Chinese lead the pack as the first tourists discover Saudi Arabia

In telegraph.co : Until very recently, Saudi Arabia was uncharted territory for tourists but following the September launch of its new visa entry system, 50,000 foreign travellers have taken their first steps into the Kingdom. Where are they coming from? Britain, according to officials, followed by China.

 

MORE ON THE KINGDOM AND BEYOND

U.S.-Saudi Relations

U.S. defence policy bill requires nuclear power inspections for Saudi Arabia

Saudi Arabia and other countries seeking to use U.S. technology to develop nuclear power plants must agree to comprehensive U.N. inspections under legislation to be...[By Timothy Gardner via reuters.com]

 

Iran

Saudi king calls for Gulf Arab unity to confront Iran

Saudi Arabia’s King Salman opened a Gulf Arab summit on Tuesday by calling for regional unity to confront Iran and secure energy supplies and maritime...[By Aziz El Yaakoubi and Lisa Barrington via reuters.com]

 

Saudi Cinema

Saudi film ‘Last Visit’ wins big at Marrakech Film Festival

Shot in remote areas of Najan, 107 km from Riyadh, the film focuses on a strained father-and-son relationship....[via arabnews.com]

 

Aramco IPO

Saudi Aramco shares surge as trading begins

Shares of the state-owned oil company rose to 35.2 Saudi riyals ($9.38) from 32 riyals in early deals in Riyadh, up 10% and hitting their...[By Natasha Turak via cnbc.com]

 

U.S.-Saudi Relations

US pauses training of hundreds of Saudi military personnel after deadly Pensacola shooting

The US military on Monday paused the operational training of hundreds of Saudi Arabian students at several training locations following a deadly shooting at Naval...[By Ryan Browne, CNN via cnn.com]

 

Saudi Budget

KPMG 2020 Budget Report

Non-oil revenues are projected to increase to 38%. Despite higher expenditure, the country maintains a comfortable dept position at 26% GDP, with a budget deficit...[via home.kpmg]

 

Vision 2030

Saudi Overhaul Under Review as Prince Said to Question Progress

“The targets are the same; the only thing we are changing is the how, because with time things do change, and we have to be...[By Vivian Nereim and Matthew Martin via bloomberg.com]

 

Technology

Apple Shares New ‘Saudi Desert Riders’ Shot on iPhone Video

Apple today shared a new video in its ongoing "Shot on iPhone" series, showing off the photographic capabilities of the iPhone 11 Pro. Shot in the...[via macrumors.com]

 

Economy

Video: Saudi’s Economy Minister Exclusive on the Kingdom’s Diversification, Aramco IPO

Saudi Economy Minister Mohammed Al Tuwaijri sat down for an exclusive conversation with Bloomberg’s Yousef Gamal El-Din in Riyadh....[via bloomberg.com]

 

Cars in KSA

Cars and Coffee at a Saudi Arabian Tim Horton’s Is As Wild As You Think It Is: Photos

It is interesting to note that Saudi Arabia's import laws are highly restrictive. We heard that, if a car is 30 years old or more,...[By Zach Martin via automobilemag.com]

 

Jamal Khashoggi

U.S. bars former Saudi diplomat in Turkey from entering U.S. over Khashoggi murder

The United States on Tuesday barred from entering the country Mohammed al Otaibi, who served as the Saudi consul general in Istanbul when Saudi journalist...[via reuters.com]

 

Saudi International

Rory McIlroy turns down golf event in Saudi Arabia

"You could say that about so many countries, not just Saudi Arabia, but a lot of countries that we play in that there's a reason...[By Ben Church via cnn.com]

 

Haramain High Speed Railway

Saudi Arabia re-operates high-speed train

On Wednesday, the service, officially known as the Haramain Train, resumed from the station of the New King Abdul Aziz Airport in Jeddah to Madina....[By Ramadan Al-Sherbini via gulfnews.com]

 

NATO

Russia is not the only pressing issue that NATO has to deal with

As heads of state and government meet in the U.K. this week for the 70th anniversary of the military...[By Holly Ellyatt via cnbc.com]

 

Iraq

With Iraq on edge, prime minister’s resignation sets up political crisis

The resignation of embattled Iraqi Prime Minister Adel Abdul Mahdi amid sustained protests for sweeping reform has set the stage for a new political crisis...[By Erin Cunningham and Mustafa Salim via washingtonpost.com]

 

Lebanon

Lebanon’s total economic collapse creeping ever closer

The Institute of International Finance said that deposits had dropped by more than $10 billion dollars since the end of August. An important part of...[By Randa Takieddine via arabnews.com]

 

Lebanon

Syrian pound hits record low as crisis continues in Lebanon

The Syrian pound has hit a record low amid the country’s grinding war and as a financial and political crisis roils neighboring Lebanon, Syria’s economic...[By AP via washingtonpost.com]

 

COP25

UN chief warns of ‘point of no return’ on climate change

Speaking before the start Monday of a two-week international climate conference in Madrid, the U.N. chief said the impact of rising temperatures — including more...[By Aritz Parra and Frank Jordans via apnews.com]

 

Climate Change

Growing preference for SUVs challenges emissions reductions in passenger car mark

With major automakers announcing new electric car models at a regular pace, there has been growing interest in recent years about the impact of electric...[via iea.org]

 

Iran

Analysis: Taken to Brink by Trump, Gulf States Are Backpedaling on Iran

An expanded soccer tournament, a direct flight, clandestine meetings and a pledge to release prisoners of war; diplomacy is breaking out as Gulf Arab nations...[By Zainab Fattah via bloomberg.com]

 

Pakistan

Amid Rising Tensions: A Conversation with Pakistan’s Ambassador

Asad Majeed Khan discusses the U.S. troop pullout in Afghanistan, the worsening situation in Kashmir, and efforts to fight extremism....[By Patrick Tucker via defenseone.com]

 

Energy

Putin and Xi oversee launch of landmark Russian gas pipeline to China

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping on Monday oversaw the launch of a landmark pipeline that will transport natural gas from...[By Vladimir Soldatkin via Reuters]

 

Afghanistan

Taliban says it has the ‘same stance’ on negotiations after Trump talks cease-fire

The Taliban has said that it is ready for peace talks with the U.S. but also said that its position is the same as it...[By Rachel Frazin via thehill.com]

 

Indonesia

Conservative Muslims rally peacefully in Indonesia amid tight security

Thousands of Indonesian Muslims from conservative groups held a peaceful rally in central Jakarta on Monday, with a spokesman for one of the organisers calling...[By Agustinus Beo Da Costa and Stanley Widianto via reuters.com]

 
 

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