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With 49 New Arrests, Saudi Arabia Continues Clamp Down on Domestic Extremists
Saudi Arabia has arrested 49 suspected terrorists over the past 10 days, according to Saudi officials and as reported in the Saudi Gazette. The arrests were “a preemptive crackdown in various parts of the Kingdom,” security sources said, adding that the suspected terrorists surrendered without any resistance. They consisted of 36 Saudis, six Syrians, four Yemenis, a […]
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Saudi Arabia’ Deputy Crown Prince Mohammed bin Salman Gives His First On-the-Record Interview
Saudi Arabia’s Deputy Crown Prince and defense minister Mohammad bin Salman spoke to The Economist on January 4th in his first on-the-record interview. [Full transcript of the interview available here] [Economist leader here] The interview touched on a wide range of subjects with the son of King Salman, beginning with 7 questions on Saudi Arabia’s […]
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Saudi Arabia’s 2016 Budget Features Prudent Fiscal Policy Decisions
Saudi Arabia’s 2016 budget marks a shift in fiscal policy toward prudent but tough decisions for the future of the Arab world’s largest economy. In a recently released note to investors, Riyadh-based Jadwa Investment said the 2016 budget still provides a high level of government spending to drive the Saudi economy. Budgeted at $226b, the amount is a […]
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King Salman’s Speech to Shura: The Kingdom is Committed to Decreasing Dependence on Oil as a Main Source of Revenue
Saudi Arabia’s King Salman said in a major speech today that Saudi Arabia will seek to diversify its sources of income and improve the efficiency of government spending as it strives to reduce its dependence on oil revenue, which has plunged since last year, Reuters reports. “The kingdom is committed to implementing programs to diversify […]
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Saudi Arabia Extends Financial Support of Egypt, Despite Fiscal Strains at Home
Saudi Arabia has extended its financial support of the Egyptian government to an added $8 billion in 5 years, along with energy concessions and other assistance, despite facing a budget crunch at home. The announcement followed a meeting between Deputy Crown Prince Muhammad Bin Salman, Second Deputy Premier and Minister of Defense, and Egyptian Prime […]
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9th Global Competitiveness Forum (GCF) in Riyadh Set for January 24-26, Will Examine ‘Key Drivers’ of Competitive Sectors
Business and political leaders will converge in Riyadh for the 9th Global Competitiveness Forum (GCF) to “discuss the key components that drive competitiveness” in the Saudi economy on January 24-26, 2016. The event is hosted by the Saudi Arabian General Investment Authority (SAGIA) and will take place at the Four Seasons in Riyadh.
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With Extreme Stance on Muslims, Trump Angers Arab Businessmen, Jeopardizes Global Business Interests
Arab businessmen and Gulf industry leaders are blasting Donald Trump for his extreme views on Muslims, with some of the region’s most powerful men branding Trump “the biggest enemy of Islam” and others eyeing a rethink of ties with the controversial Republican presidential candidate. Trump’s comments are having a very real impact on his business interests in the […]
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Saudi Aramco Aims to Redirect Dollars Spent on Western Oil service/Equipment to Saudi-Based Operations
Saudi Arabia, long reliant on western oil services and equipment to support its oil production, took an ambitious step to begin to onshore much of those services with a new program called the In-Kingdom Total Value Add (IKTVA). The program aims to give contracts typically assigned to western firms to locally-based firms, a decision that could […]
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Saudi Arabia to Host December Conference Seeking to Unite Syrian Opposition
Saudi Arabia will host a conference in mid-December to try to unite the Syrian opposition ahead of new peace talks, according to reports. The goal of the conference is to attempt to present various factions of the Syrian opposition as a united front in future negotiations. According to reports, the U.N. envoy to Syria, Staffan De Mistura, “informed the […]
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HRH King Salman, Saudi Officials React to Paris Tragedy
Saudi Arabia’s top leaders have responded with unequivocal condemnation of the attacks and expressed condolences to French leaders in the aftermath of the Daesh-orchestrated seige of Paris on Friday. “We learned about the pain and the sadness of the terrorist attacks in Paris… We express our condemnation for this repugnant terrorist act and offer our […]
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MUST-READS
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Does the Saudi Budget Do Enough to Stimulate Growth?
John Sfakianakis, Gulf Research Center's director of economic research, discusses the outlook for Saudi Arabia's economy
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An ‘Archduke Ferdinand’ Moment, Or Merely Latest Event In Middle East Realpolitik?
Far from being a source of increased tension between Turkey and Russia, bringing the two countries closer to war, Karlov's assassination could bring them closer together and have repercussions on the ongoing war against the Islamic State (IS) extremist group.
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Does ISA Extension Violate the JCPOA?
By legislating ISA’s renewal, then, Congress is merely maintaining the status quo: retaining the legislative framework of the Iran Sanctions Act while permitting its continued waiver in line with U.S. commitments under the JCPOA.
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Why Are U.S. Companies Trying to Improve Health Care in Saudi Arabia?
This month, the Chamber traveled to Saudi Arabia to promote public-private partnerships in support of the Saudi government’s health goals.
- What economic headwinds does the Middle East face?
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What will US-Saudi relations look like in 2017?
Questions over what future U.S.-Saudi Arabia relations will look like are emerging, especially with Trump becoming the next president.
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Are We In a New Era of Espionage?
One scholar compares it to the early Atomic Age, when members of Congress struggled to understand how nuclear weapons were changing diplomacy and war.
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Want to renegotiate the Iran deal? Much harder than it looks
I think an attempt to renegotiate will likely fail, thus dealing a significant blow to the JCPOA itself.
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Want to Hurt the Taliban? Legalize Opium in Afghanistan
Economics explains how anti-drug operations have undermined the war on terror
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Analysis: Saudi Arabia’s Glass: Half Empty or Half Full?
“The ‘glass half full people’ and the ‘glass half empty people’ are both right,” one prominent businessman said.
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