|
QUOTED
“Job numbers in Saudi Arabia are buoyant and demand for talent has increased significantly. In turn, employers are having to be competitive with the salaries they offer in order to attract the very best individuals over the competition. As the main business hub in Saudi Arabia, it is not surprising that Riyadh was home to the greatest number of pay increases, as competition amongst employers for top talent is highest here and increasing salaries is one of the sure ways to secure this talent in the short term.”
-Chris Greaves, MD of Hays, a recruiting organization in the Gulf region. The ‘Hays Saudi Arabia Salary and Employment Trends’ report reveals 45% of employees experienced a pay increase in Saudi Arabia. [recruiter.co.uk]
|
|
|
|
TOP STORY
Secretary of State Mike Pompeo arrived in Riyadh today for a three-day visit to meet with Saudi officials.
During his visit to Riyadh, Pompeo is scheduled to meet senior Saudi leaders and visit Saudi Aramco’s Khurais oil field, which was targeted in a missile attack in September that both the kingdom and the U.S. blame on Iran. Tehran denied involvement in that incident. [more]
|
|
TOP STORY
Saudi Arabia’s Council of Ministers has approved regulations for the creation of a new Saudi Export and Import (Exim) Bank on Tuesday during a session presided over by Custodian of the Two Holy Mosques King Salman at Al-Yamamah Palace. [more]
|
|
TOP STORY
Princess Reema bint Bandar gave her first interview with an Arab newspaper since assuming her position in Washington, telling Asharq Alawsat that Saudi Arabia is Washington’s closest partner in the region and that the strategic Saudi-American partnership is not affected by which party the president of the White House belongs to. [more]
|
|
TOP STORY
Saudi Arabia plans to start exporting gas and will soon make a major announcement on the topic, the country’s energy minister said. [more]
|
|
MORE TOP STORYLINES
Via Tsvetana Paraskova in oilprice.com : The total Saudi oil exports, including crude oil and petroleum products, averaged 8.339 million barrels per day (bpd) in 2019, down from an average 9.344 million bpd in total oil exports in 2018, according to JODI data quoted by Mubasher.
|
Via Chris Donkin in mobileworldlive.com : The state’s underlying financial infrastructure is provided by Saudi Payments Company, underpinning interoperability across digital and traditional providers. It is owned by the country’s monetary authority and, among its goals, is to advance the use of electronic payment systems. Saudi Telecom Company subsidiary STC Pay noted the deal would allow it to partner with various financial and technology entities, and contribute to wider initiatives to reduce reliance on physical cash in the country.
|
Via Don Jacobson in upi.com : The four reactors will have a total capacity of 5,600 megawatts — enough to provide about a quarter of UAE energy needs. Al-Kaabi said the plants second unit is 95 percent completed, the third is 92 percent done and the fourth 83 percent.
|
|
|
|
|
|
MORE ON THE KINGDOM AND BEYOND
|
|
|
|
|
Saudi Arabia and Lebanon's installations at the Venice Biennale seek to redress the balance by questioning masculine views and Western myths surrounding the portrayal...[By Rebecca Ann Hughes via euronews.com]
|
|
|
| |
|
|
|
|
Middle East countries spent 4.2 per cent of their gross domestic product (GDP) on defence in 2023, the highest rate globally, as ...[By Deena Kamel via thenationalnews.com]
|
|
|
| |
|
|
|
|
Saudi Arabia’s sovereign wealth fund agreed to buy a majority stake in Saudi Telecom Co.’s tower unit for 8.7 billion riyals ($2.3 billion)...[By Dana Khraiche via ]
|
|
|
| |
|
|
|
|
The Schengen Area, which includes 29 European countries, was expanded last February to include Bulgaria and Romania, eliminating all air and maritime...[By Mona Farag via thenationalnews.com]
|
|
|
| |
|
|
|
|
Saudi Arabia is pushing for a ceasefire in Gaza and the entry of more aid into the territory amid Israel’s war...[via alarabiya.net]
|
|
|
| |
|
|
|
|
The institute noted that three largest spenders in the region — Saudi Arabia, Israel and Turkey — all increased military spending last year. Saudi Arabia...[By Adam Lucente via al-monitor.com]
|
|
|
| |
|
|
|
|
The head of Saudi Arabia’s state oil company praised China’s exports of green technology, echoing Beijing’s talking points in what appeared to be a deliberate...[via semafor.com]
|
|
|
| |
|
|
|
|
Startups are a critical component of the 21st-century economy, driving innovation, creating jobs, and fostering national economic growth. In Saudi Arabia, venture...[By Sharif Almadani via linkedin.com]
|
|
|
| |
|
|
|
|
Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in...[By Yousef Saba via reuters.com]
|
|
|
| |
|
|
|
|
The Ministry of Tourism has shut down as many as 67 tourism hospitality facilities, including hotels and residential apartments, across the Kingdom during the first...[via zawya.com]
|
|
|
| |
|
|
|
|
Saudi Arabia’s cinema industry has generated revenue of SAR3.7 billion ($986.42 million) just six years after the opening of its first cinemas.
According to government data...[By Elias Al Helou via economymiddleeast.com]
|
|
|
| |
|
|
|
|
Blinken is expected to participate at a special...[By Barak Ravid via axios.com]
|
|
|
| |
|
|
|
|
Saudi Arabia is set to receive more rainfall toward the weekend, with Riyadh and its outskirts likely to witness heavy rains from Friday to next...[By Rashid Hassan via arabnews.com]
|
|
|
| |
|
|
|
|
|
|
For years, Syria’s besieged province of Idlib has served as a final haven for those escaping forces loyal to President Bashar al-Assad. But they are...[By Ishaan Tharoor via washingtonpost.com]
|
|
|
| |
|
|
|
|
|
“There were 11 bodies pulled from the wreckage,” said one official privy to the panicked conversations that swirled through the corridors of power that morning....[By Martin Chulov and Dan Sabbagh via theguardian.com]
|
|
|
| |
|
|
|
|
|
The Beirut-based Al-Akhbar newspaper reported Wednesday that the Lebanese government will formally ask financial and legal advisers how it should handle its Eurobonds, with a...[By Netty Idayu Ismail via bloomberg.com]
|
|
|
| |
|
|
|
|
|
The contested results come at a critical time for Afghan politics. U.S. and Taliban negotiators have announced a conditional peace deal that could be signed...[By Sayed Salahuddin and Susannah George via washingtonpost.com]
|
|
|
| |
|
|
|
|
|
U.S. Secretary of State Michael Pompeo said Iran must be held accountable for its proxies’ attacks on American forces in Baghdad, warning that such violence...[By Nick Wadhams via bloomberg.com]
|
|
|
| |
|
|
|
|
|
According to UNESCO, women account for more than half of the engineering student population in some Arab states, and between 34% and 57% of recent...[By Sabine Holl via entrepreneur.com]
|
|
|
| |
|
|
|
|
|
Libya’s internationally recognized government on Tuesday suspended talks hosted by the United Nations to halt warfare over the capital after eastern forces shelled Tripoli’s port,...[By Ahmed Elumami via reuters.com]
|
|
|
| |
|
|
|
|
|
Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1%, strengthening its position ahead of a change...[By Paul Sandle and Alexander Cornwell via yahoo.com]
|
|
|
| |
|
|
|
|
|
In a sprawling Medium post, Murphy explained that he sought out Mohammad Javad Zarif at the Munich Security Conferenceon Saturday to bolster diplomatic relations between...[By Michael Brice-Saddler and Reis Thebault via washingtonpost.com]
|
|
|
| |
|
|
|
|
|
Prime Minister Benjamin Netanyahu's criminal trial is set to begin March 17, just two weeks after Israel's elections, the Justice Ministry announced Tuesday.
The trial will...[By Oren Liebermann via cnn.com]
|
|
|
| |
|
|
|
