SAUDI ECONOMY

Saudi Economy to See 1.5% Growth in 2018, Jadwa Says

MBS-CEDA-economy2
The Saudi Arabian economy will grow by an estimated 1.5 percent in 2018, up from a contraction in 2017 of -0.7 percent, according to a new report from Riyadh-based economic analysts at Jadwa Investment.

Saudi Arabia

News, analysis, and more

Vision 2030

Commentary: Saudi Reforms Get a Boost From Google

Since Crown Prince Mohammed bin Salman announced his intention to transform this country nearly two years ago, Saudis and foreigners alike have questioned whether he ...

 

ACWA Power

Saudi Wealth Fund Near to Buying Stake in ACWA Power

Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 percent stake in ACWA Power International ahead of an initial public ...

 

Yemen Civil War

Saudi air force downs Houthi ballistic missile targeting Khamis Mushait

Saudi Arabia’s air force downed a ballistic missile fired by Houthi terrorists targeting the city of Khamis Mushait in Asir province on Monday. ...

 

Corruption Crackdown

Saudi Arabia’s Ritz-Carlton to re-open after months being used as a jail

The Ritz-Carlton in Saudi Arabia is to re-open within days after months of being used as a makeshift prison. ...

 

Economy

Saudi Business Gauge Falls to Record Low as Economy Hit by VAT

A measure of business activity in Saudi Arabia’s non-oil economy dropped sharply to a record low in January, as the implementation of a new value-added ...

 

Labor

Commentary: Expats feel the heat as Saudi Arabia retools economy

One individual bluntly told me that the country was at a risk of losing a third of its population that was made up of expats ...

 

Security

5,345 held in Saudi Arabia on security charges

There are 4,439 Saudi nationals among 5,345 held on security-related charges in Saudi Arabia. Yemenis account for the largest numbers of foreigners on the list, ...

 

Shale Oil

Permian Seen Second to Saudis for Spare Oil-Output Capacity

The U.S.’s Permian Basin is looking like Saudi Arabia, with as much as 1 million barrels of spare oil capacity ready to go into production, ...

 

Tourism

Saudi opens its doors to global tourism

“...But please put your headscarves back on, we’re not in Riyadh now.” ...

 

Oil Exports

Saudi Arabia: One-time ‘swing producer’ becomes ‘swayed producer’ of oil

Oil prices have reached the $70-a-barrel mark, their highest since December 2014, but neither Saudi Arabia nor Russia is shouting with glee. That’s because it ...

 

Health and Fitness

Why is Saudi Arabia designating $133 million to cover weight loss surgeries?

In a step to fight obesity in Saudi Arabia, the Saudi Health Insurance Council announced the addition of new benefits to citizens’ standard insurance policy, ...

 

Saudi +

Regional and related topics

Israel-Egypt

Secret Alliance: Israel Carries Out Airstrikes in Egypt, With Cairo’s O.K.

The jihadists in Egypt’s Northern Sinai had killed hundreds of soldiers and police officers, pledged allegiance to the Islamic State, briefly seized a major town ...

 

Yemen Civil War

U.S. airstrikes in Yemen have increased sixfold under Trump

The U.S. military drastically stepped up its air campaign in Yemen last year, conducting more than six times as many airstrikes as in 2016, according ...

 

Iran

Group: Iran sentences American art dealer, wife to prison

Iran has sentenced an Iranian-American art dealer and his wife to prison under a little-used law that can target dual nationals, a New York-based rights ...

 

Egypt's Election

As Strongmen Steamroll Their Opponents, U.S. Is Silent

When it comes to securing a second term in power, Egypt’s president is leaving little to chance. ...

 

Maldives

Maldives top court seeks to impeach president

The Supreme Court in the Maldives is trying to impeach President Abdulla Yameen, who has not obeyed its order to release opposition leaders arrested after unfair trials, the ...

 

Qatar Crisis

Iran could be winner, U.S. a loser from UAE-Qatar tensions

A rise in tension between Qatar and the United Arab Emirates in a row over military flights threatens U.S. strategic interests in the Gulf and ...

 

Syria Civil War

Russia orders warplanes in Syria to fly higher after jet shot down

Russia has ordered its warplanes in Syria to fly higher to avoid being shot down by shoulder-launched anti-aircraft missiles after one of its jets was ...

 

Afghanistan

After defeat of ISIS, US redeploying forces from Iraq to Afghanistan

The U.S. military is pulling its forces from an American-led coalition base in Iraq and shifting them to Afghanistan following the defeat of Islamic State ...

 

Iraq Reconstruction

Iraq plans military operation to secure oil route to Iran: security sources

Iraqi forces are preparing an operation to consolidate control of an area near the Iran border to be used for the transit of Iraqi oil, ...

 

Islam in Europe

Liberal Berlin mosque founder vows to keep it open despite Egyptian fatwa and death threats

The founder of a new liberal mosque in Berlin has vowed to keep the building open in the face of death threats and heavy criticism from ...

 

Recent Editions