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  • How Saudi Arabia’s investment in blue ammonia is helping the global clean energy transition

    The production of blue ammonia involves capturing up to 90 percent of the carbon dioxide emissions generated during its manufacture, thereby significantly reducing its environmental impact. This makes it an attractive alternative to conventional fossil fuels, especially in industries that are difficult to decarbonize, such as shipping, aviation, and heavy manufacturing.

  • Saudi art icon Safeya Binzagr passes away

    The Saudi art world was deeply saddened by the passing of Safeya Binzagr, the celebrated artist often referred to as the "Mona Lisa of Hijaz," on Thursday. Born in 1940 in the heart of Jeddah’s old city Harat Al-Sham, Safeya Binzagr’s early life was intertwined with the rich heritage and traditions of her hometown. The old city’s ambiance and the warmth of its people profoundly influenced her artistic journey. In 1947, Binzagr and her family moved to Egypt, but the memories of Jeddah’s narrow alleys and traditional customs remained deeply ingrained in her.

  • S&P upgrades Saudi Arabia’s outlook to positive on sustained reforms

    S&P Global Ratings has revised Saudi Arabia’s forecast to positive from stable on Friday, reflecting the kingdom’s sustained reforms momentum, strong non-oil growth outlook and economic resilience. The ratings agency said the positive outlook reflects the Saudi government’s potential to bring in more reforms and investments, contributing to the development of non-oil economy. The upgrade also reflects the country’s economic resilience against volatility stemming from the hydrocarbon sector.

  • Saudi Arabia’s bold recycling plan will see it become a world-leader, experts believe

    Saudi Arabia is seeking to make the most of this industry, and in January the Kingdom’s Ministry of Environment announced a comprehensive plan to recycle a significant portion – up to 95 percent – of the country’s waste. This initiative is anticipated to contribute approximately SR120 billion ($31.99 billion) to Saudi Arabia’s gross domestic product, and aims to generate over 100,000 employment opportunities for the Kingdom’s nationals. When fully implemented, the plan will see the recycling of around 100 million tonnes of waste annually, showcasing the nation’s commitment to sustainability.

  • Opinion: Netanyahu Is Playing Into Khamenei’s Hands

    While Khamenei and Nasrallah haven’t backed their retaliation threats with deeds, they are intent on keeping Israel under constant pressure and consumed by wars of attrition. Indeed, wearing Israel down in quagmires that cost it militarily and isolate it politically on the world stage is the core of Iran’s strategy. As Khamenei argued in March, Israel is “suffering a crisis” because the “entry of the Zionist regime in Gaza created a quagmire for it. If it comes out of Gaza today, it will have failed. And if it doesn’t come out, it will also have failed.”

  • Iran’s efforts to reengage with West face new challenges

    For Iran, engagement is more difficult now than ever. Tehran is deeply enmeshed in the Israel-Lebanon conflict. The nuclear deal is in tatters. Sanctions have crippled the economy. And this week, the United States accused Iran of sending ballistic missiles to Russia and imposed new sanctions.

  • How Hamas Uses Brutality to Maintain Power

    But the reality of the war, according to U.S. officials, is that the Israeli military and Hamas carry out questionable acts nearly every day. Many of the reports reviewed by American intelligence analysts involve Israeli actions: military strikes that kill large numbers of civilians, errant attacks on aid convoys or other deadly incidents. But a large number of reports involve Hamas, both its acts of terrorism against hostages and its abuses of Palestinians.

  • Saudi Arabia Shifts $1 Trillion Investment Focus: Clean Energy And Diversification Over Oil, Says Report

    Goldman Sachs’ report reveals that approximately 73% of this capital expenditure will be directed towards non-oil sectors, a significant increase from the earlier forecast of 66%. The clean energy sector is poised to benefit greatly, with funding expected to rise to $235 billion from an earlier estimate of $148 billion. This increase is driven by an ambitious expansion in renewable energy capacity, with Saudi Arabia more than doubling its 2030 target for solar power.

  • Saudi cement companies explore mergers amid market tension

    The crowded cement sector in Saudi Arabia is experiencing tensions due to its varying market shares, according to Majed Al Osailan, vice chair of the National Cement Committee. He noted that despite initial slow demand, renewed spending on construction has led to a shift, with most companies now able to meet market needs. The cement sector saw its first merger between Qassim Cement and Hail Cement, according to Argaam news, with another planned between City Cement and Umm Al-Qura Cement. NCC chair Badr Johar said that demand for cement is expected to strengthen substantially from late September 2024 to February 2025.

  • Faked video targeting France and UAE likely Russian despite Moscow’s links to Gulf Arab states

    It remains unclear why Russian operatives would choose to publish such a video falsely claiming the Emirates halted a French arms sale, which appears to be the first noticeable effort by Moscow to target the UAE with a disinformation campaign. The Emirates remains one of the few locations to still have direct flights to Moscow, while Russian money has flooded into Dubai’s booming real estate market since President Vladimir Putin launched his full-scale invasion of Ukraine in 2022.

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