DAVOS 2017

At Davos, Saudi Leaders Discuss Energy, Foreign Policy on World Stage

Davos 2017
Saudi government leaders arrived to Davos, Switzerland for the annual World Economic Forum to meet with other world leaders and discuss key foreign policy and energy challenges facing the Kingdom.

Saudi Arabia

News, analysis, and more

Saudi Economy

IMF Raises Saudi Arabia’s 2018 Growth Forecast as Oil Climbs

Gross domestic product will likely grow 1.6 percent this year, the IMF said on Monday, compared with an earlier forecast of 1.1 percent. The Washington-based ...

 

War in Yemen

Saudi Arabia, answering critics, announces new measures to ease Yemen’s humanitarian crisis 

Saudi Arabia, stung by growing international criticism over its role in Yemen’s worsening humanitarian crisis, said on Monday that it would donate $1.5 billion in aid ...

 

Khalid al-Falih

OPEC kingpin Saudi Arabia ‘anxious’ about the ‘fragility’ of the oil market

Speaking at the World Economic Forum in Davos, Khalid al-Falih told CNBC: "I'm still anxious about the fragility of the market (and) about the potential ...

 

Turki Al-Faisal

Nobody can accuse Saudi Arabia of ‘overreaching’: Turki al Faisal

Prince Turki al Faisal, who ran the Saudi kingdom's intelligence agency from 1979 to 2001 and is an influential member of the Saudi royal family, ...

 

Saudi Football

9 Saudi footballers just signed with different Spanish clubs

On Sunday, nine Saudi players officially joined seven different football clubs in Spain on separate loan deals, under a partnership between the two nations. ...

 

Camel Festival

Prize camels keep tradition alive in changing Saudi, but please no Botox!

Halfway through this year’s festival, attendance is up about a third from last year, with about 300,000 people making the 1-1/2 hour trip from Riyadh ...

 

Citi

Citi gets Saudi go-ahead for investment banking business

Citigroup Saudi Arabia, which obtained a capital markets licence in April enabling its return to the oil-rich kingdom after an absence of almost 13 years, ...

 

Solar Power

Particle receivers to get first commercial trial—in Saudi Arabia

A new solar technology is twice as efficient, cutting the cost of solar thermal energy, by raising operating temperatures to 1,000°C, almost twice the 565°C ...

 

Entertainment

The dawn of the Saudi entertainment revolution

What Emanuel wants is for his company William Morris Endeavor to be a big part of the emerging entertainment industry in the kingdom. ...

 

Tourist Visas

Tourist Visa Rules to be Announced in 2 Months

Preparations for launching the tourist visa, according to the SCTH, continue to be carried out in full coordination with the ministries of interior and foreign ...

 

E-Govenment

Electricity e-bills now on 28th of each month

The Saudi Electricity Company (SEC) will now issue e-bills on the 28th of each Gregorian month. The move follows a royal decree issued earlier this month ...

 

Saudi +

Regional and related topics

U.S. Middle East Policy

In Israel, Pence says U.S. aims to pull out of Iran nuke deal

The remarks came as Pence wrapped up his visit to Israel. On Monday, he repeatedly referred to Jerusalem as Israel's capital, speaking alongside Prime Minister ...

 

Syria

Can Trump’s anti-Iran strategy survive hostilities with Turkey?

As Russia, Iran, and the US strive to establish facts on the ground to maximize their chances of shaping postwar Syria, Turkey is posing a ...

 

National Defense Strategy

How to read the 2018 National Defense Strategy

By rolling out the NDS himself, Secretary Mattis succeeded in conveying that this is his strategy, not simply the work of hundreds of diligent Pentagon ...

 

Global Oil Markets

Global Oil Markets Set to Strengthen Further in 2018

While the strong start to 2018 is a welcome development for producers, OPEC is also mindful that prices ebb and flow on any number of ...

 

Davos Survey

Mideast CEOs’ confidence in global economy at record levels, WEF told

For the first time, a majority of top executives in the region — some 52 percent — thought that global economic growth would improve this ...

 

Hamas

Analysis: Hamas shifts West Bank strategy

Zohri’s threats to send “more cells like the Jenin cell” were meant to reach the Palestinian street. His threats express Hamas’ new strategy in light ...

 

Iran in the Region

Out in the cold: Iran faces anger of US, Europe, Saudi Arabia

Iran came under sustained diplomatic attack on three fronts on Monday over its destabilizing activities in the region, its ballistic missile program and the “ill-conceived” ...

 

Iran

The Lion and the Dragon: Iran Looks to China for Trade and Development

Iran has already increased oil exports to China. In October, 2017, for example, Iran exported 786,060 barrels per day to China, a 59 percent increase ...

 

Raqqa

In Shattered Raqqa, Top US General Calls for the World’s Help

The population of Raqqa dwindled from 200,000 to just 5,000 of the most hardcore ISIS followers and their families, according to one U.S. military officer ...

 

TSA Restrictions

TSA tightens screening on cargo from six Middle East airlines

The carriers are Egypt Air, Royal Jordanian, Saudia, Qatar Airways, Emirates, and Etihad. They operate flights to the U.S. from seven points-of-departure airports in five ...

 

UN Envoy to Yemen

British mediator Martin Griffiths ‘appointed new UN envoy to Yemen’

UN Yemen mediator Ismail Ould Cheikh Ahmed will step down when his current contract finishes at the end of February after nearly three years in ...

 

Egypt

Egypt ‘arrests former general Sami Anan’ who planned to challenge Sisi in elections

Sami Anan, the former army chief of staff, announced earlier this month that he would stand against Mr Sisi but on Tuesday he was summoned ...

 

Turkey

Turkey detains 91, including politicians, journalists, over Syria comments

Turkey arrested dozens of people overnight for "spreading terrorist propaganda" about its Syrian incursion, state media said on Tuesday, raising to nearly 100 the number ...

 

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