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WATCH: Adidas Ultraboost Ad Features Young Saudi Women Combatting Fitness Stereotypes
A new inspirational advertisement for Adidas’ popular Ultraboost shoe line features three young Saudi women discussing stereotypes they face and how they overcome them. The ad for Ultraboost trainers features fitness instructor and modest sportswear designer Lojain Alrefae running along the waterfront in Jeddah; Saudi mountaineer Raha Moharrak climbing the rocky ranges near Jeddah and football campaigner […]
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Saudi Housing Sector to See $21 Billion in Investment in 2019; Home Ownership Growing 6-7 Percent Annually – Minister
Saudi Arabia’s Minister of Housing Majed al-Hogail said he expects investments in the real estate financing sector to reach between 60 billion Saudi riyals and 80 billion riyals ($21.33 billion) in 2019, according to Reuters on the sidelines of a housing conference in Riyadh. The minister told Reuters that real estate financing for January hit 4.7 […]
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Kushner, Crown Prince Mohammed bin Salman Meet in Riyadh
President Donald Trump’s senior adviser and son-in-law, Jared Kushner, met with King Salman and Crown Prince Mohammed bin Salman yesterday in Riyadh, the first visit by Kushner since the killing of Jamal Khashoggi. “Building on previous conversations, they discussed increasing cooperation between the United States and Saudi Arabia, and the Trump Administration’s efforts to facilitate […]
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Saudi Arabia Names New Ambassador to United States: Princess Reema bint Bandar
Saudi Arabia has named Princess Reema bint Bandar bin Sultan bin Abdulaziz Al Saud as the 11th Saudi Ambassador to the United States, making her the first woman ever to serve in the role. Princess Reema will take over the role from Prince Khalid bin Salman, who has been appointed as the country’s deputy defense […]
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Crown Prince Mohammed bin Salman Lays Founding Stone on Future Saudi Tourism Spot Al Ula
Saudi Arabia’s Crown Prince Mohammed bin Salman launched more tourism projects in Al-Ula, Saudi Arabia, including a resort designed by a renowned French architect Jean Nouvel, and a nature reserve. Nouvel will build a resort in the mountains of Al-Ula as part of a plan launched on Sunday night “to transform the home of ancient civilizations into […]
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Hilton to Open 35 Hotels, Add 10,000 Rooms in Saudi Arabia as Tourism Sector Soars
Hilton Hotels & Resorts announced it is looking to build 35 new hotels in Saudi Arabia, adding as many as 10,000 rooms over the next 3-5 years, according to reports on comments made by a top executive for the company. The decision to invest in Saudi Arabia – the company’s largest pipeline in the Middle […]
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Kingdom Ends Corruption Crackdown with $106 Billion Recovered
Saudi investigators have recovered assets worth more than $106 billion in an anti-corruption crackdown ordered by Crown Prince Mohammed bin Salman, the royal court said on Wednesday. The crackdown began in November 2017 when Saudi Crown Prince Mohammed bin Salman ordered suspects detained at the Ritz Carlton in Riyadh. The government summoned 381 people, although some appeared only […]
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Secretary of State Pompeo Kicks Off 8-Nation Middle East Tour
Secretary of State Mike Pompeo begins a weeklong tour of eight Arab nations in the Middle East through Jan. 15, including a visit to Saudi Arabia. The Secretary’s schedule will take him to Amman, Cairo, Manama, Abu Dhabi, Doha, Riyadh, Muscat, and Kuwait City. Pompeo will give a major speech about America’s role in the region and privately […]
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Oil Posts Biggest Weekly Gain Since December 2016
Brent crude headed for its biggest weekly gain since December 2016 after several months of price falls as Saudi Arabia’s production cuts outweighed concerns over the health of the global economy, according to reports. The weekly gain – nearly 9% on the Brent crude index – follows three weeks of losses and its worst quarter in […]
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Breakthrough Ceasefire Agreements Reached over Yemen Ports as U.S. Senate Rebukes Trump
The internationally recognized Yemeni government and the Iranian-aligned Houthi movement agreed to a ceasefire around the city of Hodeidah and to remove troops from the area in a potential major turning point for the three year old conflict, according to reports. The agreement was reached at U.N.-brokered talks in Sweden. The port, which is currently under Houthi control, […]
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MUST-READS
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The Rise of Saudi Arabia’s Oil Empire
Saudi Aramco, originally founded as the California-Arabian Standard Oil Company in the 1930s, began its journey after oil was discovered in the Eastern Province of Saudi Arabia. The company was established through a partnership between Saudi Arabia and Standard Oil of California (now Chevron). Over the decades, it grew from a regional enterprise into the world’s largest oil producer, pivotal in the development of Saudi Arabia's economy and its global economic influence.
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Inaugural Esports World Cup signs off with historic closing ceremony
Over the course of eight consecutive weeks, the EWC hosted 1,500 athletes and over 200 clubs, with a record-breaking $60m prize pool up for grabs across 22 tournaments and 21 titles. The ceremony concluded the biggest weekend in esports history, which also featured the 2024 Esports Awards and 2024 New Global Sport Conference.
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Saudi Arabia launches Phase I of Riyadh Parking Project
Phase I of the project is to create and manage over 24,000 public parking spaces in public and commercial streets, in addition to the management of more than 140,000 parking spaces in nearby residential neighborhoods. The phase will cover 12 areas distributed across the Al-Wurud, Ar Rahmaniyyah, West Olaya, Al-Murooj, King Fahd, and Al-Sulaimaniyah districts, in addition to four other areas in the southern neighborhoods of Riyadh.
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All proposed Iranian ministers approved, but at what cost?
All ministerial nominees of Iran’s President Masoud Pezeshkian have been approved by the parliament—a first in 23 years. The vote of confidence has stirred controversy as Pezeshkian prior to the ballot told lawmakers that Supreme leader Ayatollah Ali Khamenei had pre-approved all picks. The assertion has sparked pushback from both critics and supporters of the political establishment.
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Saudi Ambassador to Yemen meets UN Special Envoy
Saudi Ambassador to Yemen Mohammed Al-Jaber met with UN Special Envoy for Yemen Hans Grundberg in Riyadh on Thursday. They discussed the latest developments with regard to the Yemeni crisis. Al-Jaber is also serving as the executive director of Yemen Comprehensive Humanitarian Operations and general supervisor of the Saudi Development and Reconstruction Program for Yemen.
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Israel’s evacuation orders have displaced 90% of Gaza residents, UN says
Successive Israeli evacuation orders in Gaza have displaced 90% of its 2.1 million residents since the Israel-Hamas war began in October, the top U.N. humanitarian official for the Palestinian territory says. U.S. Vice President Kamala Harris says she and President Joe Biden are working to end the war in Gaza, where the International Rescue Committee says the polio virus has been circulating for the first time in a quarter-century because of the destruction of hospitals and water infrastructure, along with overcrowded living conditions.
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Saudi: Tadawul witnesses 22 private deals worth $104.26mln on Thursday
Investors in the Saudi stock market Tadawul witnessed execution of 22 private deals on Thursday, with a total value of SR391 million. Most of these deals were pertaining to the Saudi local banks. The highest executed value was in Alinma Bank with SR132 million distributed over six deals with about 4 million shares executed at a price of SR32.25.
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Saudi Ministry unveils $26.65 million initiative to transform Najran into mining hub
At a recent investor meeting in Najran, Minister Bandar Alkhorayef emphasized the ministry’s dedication to supporting investors and tackling sector challenges. The Industrial Fund, offering up to 75% financing, specifically targets support for the Najran region, recognized as a promising peripheral area.
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Questions mount over six hostages’ fate in Gaza after IDF finds gunshot wounds
Fury was palpable at the end of a demonstration in Tel Aviv on Thursday, as protesters demanded a deal to free Israeli hostages in Gaza and grieved this week’s news that the bodies of six captives had been retrieved. Their tragic fate has raised fears that more Israeli hostages will not be retrieved alive either, said one protester. “We need to bring back those that we know were alive,” Daniel told CNN. Continuing war as negotiations for a ceasefire-hostage deal falter “will only bring more coffins to them and to us,” the 48-year-old added.
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Taliban codify morality laws requiring Afghan women to cover faces, men to grow beards
Afghanistan's Taliban formally codified a long set of rules governing morality this week, ranging from requiring women to cover their faces and men to grow beards to banning car drivers from playing music, the Justice Ministry said. The rules, promoted as in line with Islamic sharia law and to be enforced by the morality ministry, were based on a decree by the Taliban's supreme spiritual leader in 2022 and were now officially published as law, a Justice Ministry spokesman said.
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