KAPSARC

KAPSARC’s New Headquarters Near Riyadh, Designed by Zaha Hadid Architects, Receives LEED Platinum Status

KAPSARC-by-Zaha-Hadid-Architects-14-1020x610
The futuristic-looking new headquarters of the King Abdullah Petroleum Studies and Research Centre (KAPSARC) on the outskirts of Riyadh has received LEED Platinum certification—the first of Zaha Hadid Architects’ projects to receive the title.

Saudi Arabia

News, analysis, and more

Future Investment Initiative

Saudi investment ambitions impress but foreign money may be slow to come

An undeveloped legal system, sluggish bureaucracy and poor labor productivity have deterred foreign investment and frustrated many Saudi economic plans in the past. Foreigners own ...

 

Future Investment Initiative

Saudi Arabia’s Grand Plan to Move Beyond Oil: Big Goals, Bigger Hurdles

Saudi Arabia is throwing an economic coming-out party of sorts this week, hawking its efforts to liberalize its conservative society and diversify its economy in ...

 

Neom

Saudi Arabia’s Neom: State-Led Growth Meets New Global Capitalism

In a series of high-profile gatherings, Saudi Arabia is inviting the world in, from the expansion of financial news coverage to hosting major diplomatic summits ...

 

Virgin Galactic

Saudi Arabia to invest $1bn in Virgin space companies

The investment, which will need US regulatory approval, will see the Public Investment Fund of Saudi Arabia take a significant stake in the three Virgin ...

 

Saudi Aramco IPO

Saudi eyes private stake sale in Aramco

Mohammed Al-Jadaan said in an interview with the Financial Times on Thursday that while plans for listing Aramco internationally were still being debated at the ...

 

Economy

Saudi Arabia Mulls More Fiscal Expansion in 2018 to Spur Economy

Saudi Arabia is considering a more expansionary budget than planned for 2018, Finance Minister Mohammed Al-Jadaan said, as authorities seek to support an economy struggling ...

 

Changing Saudi

Riyadh Diary: women drivers and signs of change in Saudi Arabia

Things are changing fast in Saudi. Within 24 hours of arriving in Riyadh, I had gone shopping for something a little more close fitting, colourful ...

 

Citizen Robot

Saudi Arabia’s newest citizen is a robot and she just had a go at Elon Musk

At the event, Sophia also addressed the room from behind a podium and responded to questions from moderator and journalist Andrew Ross Sorkin. Questions pertained ...

 

Music in Saudi

1979, the year that changed arts and culture in Saudi Arabia

This renaissance reached its peak in the 1960’s when the musical band of the Saudi army was established. This band was later transformed into an ...

 

Oil Exports

Iraq Overtakes Saudi Arabia in Supplying U.S. With Oil

Iraq surpassed Saudi Arabia as a crude supplier to the U.S. in September, and it’s poised to repeat that this month. ...

 

Technology Investment

China’s Alibaba and Tencent, not Google and Facebook, suit Saudi Arabia

Technology companies from China, and not the U.S., will win the race to capture Saudi Arabia's young, lucrative market, one chief executive told CNBC ...

 

Saudi Aramco Overseas Company

Saudi Aramco subsidiary to buy stake in Rotterdam terminal

AOT’s investment in the terminal will add to its investment in other facilities in the same area and allow it to expand offerings in the ...

 

Nahed Taher

Saudi female banker ties up with fund to deploy $100 billion in kingdom

Nahed Taher, the first female Saudi senior economist at National Commercial Bank and the founder of Gulf One Investment Bank, has set up a joint ...

 

E-commerce

Majed Al-Tahan: At the cutting edge of Saudi Arabia’s e-commerce revolution

The image of the typical Saudi shopper — all designer brands, consumer electronics and luxury items — hides a reality where essentials such as food, ...

 

Saudi +

Regional and related topics

U.S.-Iran

House votes to impose non-nuclear sanctions on Iran

The House passed legislation on Thursday to expand sanctions on Iran for its ballistic missile development and support for Hezbollah, weeks after President Trump declined ...

 

Iraq

Raqqa Lies in Ruins as ISIS Near Defeat as Military Force

Raqqa is now in ruins. More than 4,450 airstrikes by the U.S.-led military coalition and others have left its streets a moonscape of shattered buildings ...

 

Anti-ISIS Campaign

Dunford: Time to Cut the Connections that Link ISIS’ Global Network

The future of the war against the Islamic State is global, Chairman of the Joint Chiefs Gen. Joseph Dunford said this week. And the fight ...

 

U.S.-Iran

Commentary: The U.S. is on a collision course with Iran in the Middle East

President Trump’s assertive new strategy toward Iran is already colliding with the reality of Tehran’s vastly expanded influence in the Middle East as a result ...

 

Saudi-Russia Export Cuts

OPEC SecGen says Saudi, Russia statements “clear fog” before Nov 30 meeting

The fog has cleared ahead of OPEC’s next meeting, with Saudi Arabia and Russia clearly stating support to extend a global deal to cut oil ...

 

Global Oil Markets

Petro Diplomacy: Navigating the New Oil Era

The success of the historic OPEC and non-OPEC agreement in cutting production has exceeded industry expectations. However, market confidence in the ability of OPEC and ...

 

Surveys in the Arab World

The dangers of unscientific surveys in the Arab world

Gulf and other Arabs are no less likely to enjoy or value surveys than any other cultural group. This is reflected in response rates from ...

 

Red Sea Bridge

Planned bridge to connect Saudi Arabia with Egypt

After relinquishing control of 2 islands in Straits of Tiran to Saudi Arabia, Egypt agrees to plan bridge spanning straits that connects Egypt with Saudi ...

 

Saudi Oil Policy

Iraq Seizes Saudi Share In U.S. Oil Market

Again, the issue is twofold: Saudi crude flows to the U.S. have been dropping considerably in recent months (discussed on CNBC this week here), as Saudi ...

 

Qatar Labor Law

Qatar: Implementation Will Be Key for Labor Reforms

The Qatari government’s newly announced labor reforms are a step in the right direction, but their implementation will be the decisive factor, Human Rights Watch ...

 

Egypt

Egypt kills 13 militants in raid on western desert farm

Egyptian security forces killed 13 militants during a raid on a farm hideout in the western desert region on Friday, a week after a deadly ...

 

Extremism

Germany makes Islamists wear electronic tags — they aren’t using them

German security forces have largely chosen not to take advantage of a new law allowing them to track potential terrorists with ankle bracelets. Police unions ...

 

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