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  • The Presidential Election’s Implications for Gulf Oil Exporters

    With less than a month before Americans go to the polls to elect a new president, the global oil market is in turmoil because of geopolitical developments in the Middle East. The risk of an oil price shock should Israel target Iran’s energy infrastructure in response to Iran’s October 1 missile attack would have repercussions beyond the region. Oil prices immediately surged to register the highest weekly increase in more than a year after the October 1 attack, as the market braced for Israel’s response. Any further increase in the price of oil might influence voters come the U.S. election in November with the incumbent Democratic Party at risk of being penalized at the polls if there is a spike in U.S. gasoline prices.

  • Saudi Arabia and BRICS—a balancing act?

    Russia last month invited Saudi Crown Prince Mohammed bin Salman to attend the Oct. 22-24 BRICS summit it is hosting in Kazan. The summit is the bloc’s first since its expansion last year when six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE)—were invited to join. While countries such as Iran have been quick to accept the invite, the Kingdom has yet to confirm its formal alignment with BRICS. Most likely, Saudi strategists are still weighing all pros and cons of membership—with factors in favor and against broadly balanced.

  • Putin hosts BRICS summit in Russia under shadow of Ukraine war

    Russia wants the BRICS summit to showcase the rising clout of the non-Western world, but Moscow's partners from China, India, Brazil and the Arab world are urging President Vladimir Putin to find a way to end the war in Ukraine. The BRICS group now accounts for 45% of the world's population and 35% of its economy, based on purchasing power parity, though China accounts for over half of its economic might.

  • How Saudi parents rationalize the choice of schoolfor their children

    In societies where education holds high significance and parental ambitions for their chil-dren’s academic achievements are profound, understanding the rationale behind parental school choice becomes crucial. This study aims to explore the question: Are Saudi parentsrational in selecting their children’s schools? Through an in-depth analysis of preferences and decision-making factors, this research endeavors to shed light on the intricate dynamicsinfluencing parental school choice within the Saudi Arabian context.

  • Saudi Arabia: Parsons, OBMI signs contracts with ARDARA

    ARDARA‘s flagship destination is AlWadi – the exciting mixed-use waterfront development in the heart of Downtown Abha. Elegantly designed homes, thriving commercial spaces, vibrant retail hubs, and exhilarating entertainment outlets that will entice residents and visitors throughout the seasons.

  • UK-based dissident can sue Saudi Arabia for alleged spyware, court rules

    A prominent Saudi dissident who accuses Saudi Arabia of targeting him with spyware can sue the kingdom in London, his lawyers said on Monday. Yahya Assiri, a founder of the opposition National Assembly Party (NAAS) who lives in exile in Britain, alleges his electronic devices were targeted with surveillance software between 2018 and 2020. He is suing Saudi Arabia at London's High Court, saying the country used Pegasus - made by Israeli company NSO Group and sold only to nation states - and other spyware made by lesser-known Israeli firm QuaDream because of his work with dissidents.

  • Trump Goes on Saudi State TV and Says He Has “So Much Respect” for Crown Prince Linked to Bone-Saw Murder

    Appearing on Saudi state-owned TV network Al Arabiya, Trump said that while the relationship between Saudi Arabia and the United States is “fine right now,” when he was president, “it was great with capital letters. G-R-E-A-T, great.” (Yes, he actually spelled it out.) Trump added that he has “so much respect for the king, so much respect for Mohammed, who is doing great. I mean, he’s really a visionary. He’s done things that nobody else would have even thought about.” Later in the interview, he declared MBS a “great guy” who is “respected all over the world.”

  • Saudi Arabia Announce First Batch of Companies Eligible for Exploration Enablement Program (EEP)

    Launched at the Future Minerals Forum (FMF) in January 2024, this initiative aims to attract global investments and drive growth in Saudi Arabia’s mining and mineral industry as outlined in Vision 2030. The program attracted interest worldwide, with companies proposing innovative exploration ideas that align with the EEP’s objectives. After a thorough evaluation by key authorities and experts, six companies with 49 applications were chosen for the program from a competitive pool of 82 applications submitted by 18 companies.

  • Fifa urged by women’s soccer players to scrap sponsorship with Saudi oil company Aramco

    More than 100 professional women’s soccer players have signed an open letter to Fifa urging the global governing body to end its sponsorship with Saudi oil giant Aramco. Fifa confirmed a deal with Aramco, which is majority-owned by the Saudi government, in April. The company will sponsor both the 2026 men’s World Cup and 2027 Women’s World Cup in an agreement reportedly worth up to US$100 million a year.

  • Tawaref series: A step-by-step guide to Saudi Iqama process

    The Iqama is a residency permit issued to foreign nationals living and working in Saudi Arabia. It is a crucial document for any expatriates, including foreign investors who wish to reside in the country with their families. Although you can start working in the country without an Iqama, most services are blocked.