TRAVEL AND TOURISM

In-Depth Tourism Report by Colliers Highlights Huge Saudi Potential

colliers-demographic-saudi-arabia
In a PDF entitled "Destination Saudi - Leisure, Culture, and Tourism Potential," Colliers examines the potential for significant opportunities in the tourism sector for Saudi Arabia.

Saudi Arabia

News, analysis, and more

Saudi Aramco IPO

Saudis to raise $10 billion ahead of Aramco IPO

Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June this year, ahead of a ...

 

U.S.-Saudi Military Sales

Donald Trump ready to approve weapons packages to Saudi Arabia, Bahrain that Obama blocked

While the White House declined to discuss its plans, one U.S. official directly involved in the transfers told The Washington Times that a roughly $300 ...

 

Saudi Aramco IPO

Saudi Aramco hires Moelis for historic $2 trillion flotation

il titan Saudi Aramco has reportedly hired investment bank Moelis to work on its stock market flotation, which is set to be the biggest listing ...

 

Banking and Finance

Saudi hires Jadwa Investment to advise on selling soccer clubs

Saudi Arabia's Jadwa Investment, one of the country's largest privately owned investment banks, has been appointed to advise on the privatization of as many as ...

 

Public Investment Fund (PIF)

SoftBank readying launch of $100 billion Saudi-backed fund

Japan’s SoftBank Group Corp. reported a better-than-expected 71 percent rise in third-quarter operating profit due to shrinking losses at US unit Sprint Corp. and strength ...

 

Domestic Tourism

Saudi domestic tourism ‘set to surge’

The cultural, leisure and tourism landscape in Saudi Arabia is changing quite rapidly and the scale of opportunity, particularly from domestic tourism growth, is significant, ...

 

JASTA

Suing the Saudis: 9/11 families hope lawsuit against Saudi Arabia moves faster in Trump Administration

“The Obama and Bush administrations have done nothing but fight the 9/11 families for 15 years,” Riches said recently, outside his Brooklyn home. “The United ...

 

Saudi-Japan

Analysis: Saudi Arabia’s forceful strategy lifts Japan crude sales to 10-year high

Saudi Arabia's crude oil supplies to Japan rose to a 10-year high in 2016, underlining the kingdom's strong will to defend its share in the ...

 

Trump Travel Ban

Amb. Robert Jordan: Saudi Arabia a strong ally in fight against terror

Former Ambassador to Saudi Arabia, Amb. Robert Jordan, on why Saudi Arabia isn’t one of the countries affected by Trump’s immigration order. SHOW MORE ...

 

U.S.-Saudi Military Sales

Saudi Arabia to get more radars for F-15 fleet

Boeing received an $18 million contract from the U.S. Air Force to provide AN/APG-63(V) radars for Saudi Arabia's F-15SA aircraft. ...

 

Foreign Labor

39,000 Pakistanis deported in 4 months

About 39,000 Pakistanis have been deported from the Kingdom in the past four months for violating the rules of residence and work, according to informed ...

 

Grand Mosque Incident

Man tried to set himself ablaze, not Kaaba, security forces say

The man, identified by the security forces as a Saudi national in his 40s, was dousing himself in gasoline when he was caught, Major Sameh ...

 

U.S. Embassy in Saudi Arabia

Processing US visa applications in Saudi Arabia resumes as travel ban lifted

The US diplomatic missions in Saudi Arabia announced that they have resumed processing existing visa applications and schedule appointments for new ones after a US ...

 

U.S.-Saudi

Cabinet OKs Saudi-US tax compliance pact

The Cabinet on Monday approved an agreement between the governments of Saudi Arabia and the United States to improve compliance to international tax and implementation ...

 

Saudi +

Regional and related topics

Yemen

Yemen withdraws permission for U.S. to run Special Ops in country

The government of Yemen has withdrawn permission for the U.S. to launch Special Operations ground missions inside the country. The rebuke comes after a raid ...

 

Snapchat

Snapchat opens first Middle East office in Dubai

Snapchat has opened its first Middle East office in Dubai in a bid to reach local markets and increase user numbers in the region. ...

 

Global Oil Markets

Expensive Middle East Crude Could Lose Market Share To U.S. Shale

According to traders’ estimates compiled by Reuters, the U.S. is expected to export between 700,000 bpd and 900,000 bpd this month, most of which is ...

 

Women in the Workforce

Why the Arab world should employ more women

According to a World Bank report, “women’s employment can significantly improve household income—by as much as 25 percent—and lead many families out of poverty.” ...

 

IRGC

White House weighs designating Iran’s Revolutionary Guard a terrorist group

U.S. President Donald Trump’s administration is considering a proposal that could lead to potentially designating Iran’s powerful Islamic Revolutionary Guard Corps (IRGC) as a terrorist ...

 

U.S.-Iran

Iran’s Khamenei and Trump spar, and sports and academic ties feel blowback

Among the first casualties of President Trump’s immigration ban was the United States wrestling team – victims of a reciprocal Iranian ban that would have kept ...

 

Russia in Syria

Perspective: Trump’s Plan to Fight ISIS With Putin Isn’t Just Futile. It’s Dangerous

There is simply no way to make Russia our partner in this fight without betraying the values we defend as a nation, betraying the principles ...

 

Mosul

UN says 30,000 have returned to Iraq’s Mosul

Some 30,000 people have returned to Mosul since Iraqi forces launched a massive operation in October to retake the country’s second largest city from the ...

 

Afghanistan

At least 20 dead in bomb blast outside Afghan Supreme Court

At least 20 people were killed on Tuesday in a bomb blast outside the Supreme Court in the centre of the Afghan capital, government officials ...

 

U.S. Foreign Assistance

Commentary: Reimagining U.S. Foreign Assistance in the Middle East

However, significant changes in international and regional security environments of the 21st century should compel a serious reevaluation of U.S. foreign assistance to the Middle ...

 

Israel-Syria-Iran

Is a new Middle East war on Israel’s horizon?

"The changes in Syria," he told me, "have brought Iran closer to Israel's borders than ever." ...

 

ME Salaries

Salaries in the Middle East to see slight increase in 2017

Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new report by consultancy ...

 

Public Cloud Services

Gartner Says Public Cloud Services in the Middle East and North Africa Region Forecast to Reach $1.2 Billion in 2017

The public cloud services market in Middle East and North Africa (MENA) region is projected to grow 22.2 percent in 2017 to total $1.2billion, up ...

 

MENA Financial Crime

Financial Crime in the Middle East and North Africa 2017 – Infographic

In collaboration with Thomson Reuters, we are pleased to announce the release of our third joint report on financial crime and compliance ...

 

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