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Saudi King, Crown Prince and Deputy Crown Prince Express Condolences to France’s Hollande after Nice Terror Attacks
Saudi Arabia’s top leadership expressed their condolences for the tragic act of violence in Nice, France on the country’s Bastille Day celebration. King Salman, Crown Prince Mohammed bin Naif and Deputy Crown Prince Mohammed bin Salman sent a cable of condolence to the the French leader about the attack. An official source told SPA the […]
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Engineers and Two Government Employees to Face Charges in Mecca Crane Disaster – Report
Saudi prosecutors will bring charges against engineers and two government employees as a result of the 2015 crane collapse in Mecca, Saudi Arabia, which killed 107 people and infuriated top government leaders. Reuters reports that Al-Riyadh, a local newspaper that “reflects government thinking,” quoted a source as saying that investigators and the prosecution “had completed an […]
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G.E., Aramco Ventures Pump $52m into Boston-Area 3D Printing Startup
General Electric Ventures and Saudi Aramco Ventures have led an investment of $52m in total funding into a Boston-based 3D printing device company, Desktop Metal. Desktop Metal aims to bring “an everyday-use metal 3D printing solution to the workspace of every engineering team,” according to CEO Ric Fulop. Boston Business Journal reports that the investment from […]
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Jadwa Investment: A Turn to Positive for Saudi Economic Data in July 2016 Economic Chartbook
Jadwa Investment’s recently released July 2016 Chartbook reveals economic data for Saudi Arabia trending toward the positive for the month of May, citing data on ATM withdrawals and point-of-sales transactions showing seasonal increases. Cement sales and PMI data also showed a slight acceleration in activity. The government also has reversed the months-long decline in assets at […]
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Deputy Crown Prince Mohammed bin Salman, Minister of Commerce Majed Al-Qasabi Tour Facebook, Meet with Mark Zuckerberg
Saudi Arabia’s Deputy Crown Prince, Mohammed Bin Salman, met Facebook Inc. Chief Executive Officer Mark Zuckerberg during a tour of Silicon Valley before departing for New York. The Deputy Crown Prince was given a tour of Facebook’s headquarters in Silicon Valley and was accompanied by the Saudi Minister of Commerce, Dr. Majed al-Qasabi. Prince Mohammed […]
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Back in a Business Suit, Deputy Crown Prince Mohammed bin Salman and Delegation Sign Agreements with Six Flags, Cisco Systems
Saudi Arabia has signed partnership agreements with theme park company Six Flags Entertainment and Cisco Systems during a visit by Deputy Crown Prince Mohammed bin Salman and his accompanying delegation to Silicon Valley this week as Saudi Arabia looks to boost its business and commercial ties with the United States. The prince was shown wearing a gray […]
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Deputy Crown Prince Mohammed bin Salman Meets with Defense, U.S. Chamber of Commerce Officials
U.S. Defense Secretary Ash Carter hosted an enhanced honor cordon yesterday to welcome Deputy Crown Prince Mohammed bin Salman, Saudi Arabia’s defense minister, at the Pentagon in Washington, D.C. The two leaders and other defense officials from both the U.S. and Saudi Arabia met “for a series of constructive meetings and briefings,” the Pentagon said in […]
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Saudi’s New Minister of Commerce and Investment Dr. Majed Al-Qasabi to Meet with Business Leaders at U.S. Chamber of Commerce Today
Saudi Arabia’s New Minister of Commerce and Investment, Dr. Majed bin Abdullah Al-Qasabi, will meet with business and private sector leaders today at the U.S. Chamber of Commerce in Washington, D.C. The private roundtable discussion is part of the U.S.-Saudi CEO Summit initiative which is a partnership between the U.S. Chamber of Commerce and the […]
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Dispute Between U.N.’s Ban Ki Moon, Saudi Arabia Spills into the Public
UN chief Ban Ki-moon said in public comments on Thursday that Saudi Arabia had exerted “unacceptable” pressure on the world body after a U.N. report blacklisted a Saudi-led military coalition for killing children in Yemen, according to reports. Moon said financing for humanitarian operations in the Palestinian territories, South Sudan and Syria would be compromised if […]
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Saudi Arabia’s National Transformation Program Released
Saudi Arabia has unveiled its long-awaited National Transformation Program (NTP), a 112-page document outlining Saudi Arabia’s strategic objectives in achieving its previously-announced “Vision 2030” initiative as well as identifying the challenges faced by government bodies in the economic and development sectors. “The National Transformation Program is one of the executive programs supporting Vision 2030. The program […]
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MUST-READS
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Can Saudi Arabia Carry OPEC Through Spring?
All in all, out of the 21 oil-producing nations that had promised to reduce output in order to bring markets back to balance and prop up oil prices, just 4 countries fulfilled their pledges in the first month in which the deal entered into force.
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With A $5 Billion War Chest, Which Renewable Energy Firms Will Saudi Aramco Invest In?
While the banks are not expected to be recommending Saudi Aramco to buy ETFs, the holdings in the above-listed ETFs would be a good place to start for looking at what renewable energy firms could be the beneficiaries of Saudi Aramco's war chest.
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Is America Really Over Its Love of Cars?
America hit peak car ownership in 2006. The numbers have been declining since—until recently.
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Video: How Will the Saudi Arabian Economy Fare in 2017?
S&P Global Ratings Chief Economist MENA Jean-Michel Six weighs in on the strong dollar and discusses his outlook for Saudi Arabian economy, and the price and production of oil. He speaks on "Bloomberg Markets: Middle East."
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How Do Saudis Celebrate Valentine’s Day? Very Carefully
Whatever you call February 14 in Saudi Arabia, just don’t call it Valentine’s Day.
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Is Saudi Arabia on the cusp of change?
But, in Saudi Arabia now, talk of change is measured in months.
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Why was a truck gifted to Saudi Arabia’s King Salman?
King Salman remembered this type of truck well and told me that they used them for transporting horses and that at the time they used to learn how to drive them in a desert close to Riyadh,” he added.
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Perspective: Is the United Arab Emirates America’s Best Friend in Middle East?
With its reliable military and relatively secular attitude, Washington sees the small country as an increasingly attractive partner in an increasingly complicated region.
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Is the Afghan air force trigger happy? Here’s what the numbers say
The top American commander in Afghanistan, Gen. John Nicholson, heads to Capitol Hill on Thursday where he is likely to endure intense questioning from Senate lawmakers who've grown weary of the endless military mission there.
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Russia and Iran: Split over Syria?
Having saved Assad and all but declared military victory, Russia may be asking itself now if Assad is a liability for its longer-term interests in Syria. It would be an apt question.
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