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In Saudi Arabia, Pompeo Seeks ‘Global Coalition’ On Iran; Dines at Nobu Popup with Crown Prince
Secretary of State Mike Pompeo visited Saudi Arabia on Monday in the first stop of a trip to the Gulf region to build a “global coalition” on Iran and express support for the security of Saudi Arabia. Pompeo held two separate meetings with King Salman and Crown Prince Mohammed bin Salman, photos show. Pompeo called the United States and […]
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Declines in Saudi unemployment continue as more women join workforce, report says
A recently-released Jadwa Investment report on the Saudi labor market highlights gains made in edging down the Saudi unemployment rate, especially for women and youth in the Kingdom. According to Jadwa, The latest General Authority for Statistics (GaStat) labor market release for Q1 2019 shows that unemployment declined to 12.5 percent, reaching its lowest rate since […]
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Saudi Arabia’s Crown Prince Mohammed bin Salman Gives Interview to Asharq Alawsat, Addresses Iran Aggression
Saudi Arabia’s Crown Prince Mohammed bin Salman gave an interview to the Saudi-owned, London-based Asharq Alawsat newspaper and discussed recent attacks on oil tankers and on the Kingdom’s southern border, saying Saudi Arabia does not want a war in the region, but stressed that it “will not hesitate in dealing with any threat against our people, sovereignty […]
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More Weaponized Drones Launched at Saudi city of Khamis Mushayt from Yemen, Two Shot Down
Saudi Arabia’s air defense forces shot down two “weaponized drones” launched by Houthis from Yemen toward the city of Khamis Mushait, a spokesman for the Arab Coalition supporting Yemen’s legitimate government said early Tuesday. In a statement carried by the Saudi Press Agency (SPA) and carried by Arab News, Colonel Turki Al-Maliki said the attack […]
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Shawwal Crescent Sighted, Eid to be Celebrated Tuesday
The Saudi Royal Court said the Shawwal crescent moon was seen in Saudi Arabia on Monday, meaning the festival of Eid al-Fitr will officially begin on Tuesday. Celebrations and observances began across the Kingdom of Saudi Arabia today. Eid al-Fitr celebrations follow the sighting of the Shawwal crescent moon. It marks the end of the holy month of Ramadan and the fasting of […]
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Saudi Arabia Jumps 13 Places to 26th Overall in IMD World Competitiveness Ranking
Saudi Arabia jumped 13 places in one ranking on world competitiveness as the Kingdom’s economic reforms continue to gather steam. 63 countries participated in the IMD World Competitiveness Yearbook 2019 issued this week. Saudi Arabia was 26th overall in the ranking, and the 7th most competitive country among its G20 peers. IMD highlighted Saudi investment in education, […]
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Tensions Simmer in the Gulf as Kingdom Says it Wants to Avoid War but ‘Will Respond Firmly and Decisively to Any Threat’
Tensions simmered with Iran over the weekend as Saudi Arabia, the United States and allies made it clear war should be avoided at all costs but that they would respond to security threats and defend their interests if necessary. Following last week’s two attacks on key Saudi energy targets, which the Kingdom blames on Iran and […]
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Saudi Arabia’s Sipchem, Sahara Eye U.S. and Asia Deals after Merger – Report
Saudi International Petrochemical Co (Sipchem) and Sahara Petrochemical “plan to target acquisitions and joint ventures in the United States and Asia when their merger is completed in order to expand market reach,” Reuters reports, citing top executives. Sipchem signed a non-binding agreement to buy Sahara Petrochemicals Company in a deal valued at 8.25 billion riyals ($2.2 […]
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PIF-Subsidiary Launches 1 Million Square Meter Amusement Park, Other Projects in Eastern Province
Saudi Entertainment Ventures (SEVEN), a subsidiary of the Public Investment Fund (PIF), said on Wednesday that it was launching its largest project to date in the Eastern Province of the Kingdom – an amusement park, along with other entertainment projects. In its announcement, SEVEN said it would be building its first amusement park, which will cover an area […]
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End of U.S. Waivers on Iranian Oil Looms Large on Future OPEC Output Quotas, Jadwa Says
A recently released report by Jadwa Investment examines the potential impact of the decision by the Trump administration to not extend all waivers on Iranian oil beyond May 2nd. The ending of waivers would require the cessation of all oil purchases from Iran, which averaged at least 1.5 million barrels per day (mbpd) in Q1 2019. […]
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MUST-READS
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How Would an Aramco IPO Benefit Saudi Arabia?: Video
Masood Ahmed, director of the IMF's Middle East and Central Asia Department, discusses the impact of the oil glut on global markets.
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Report: Who won Davos? Day 1: O Canada!
The relentless optimism of Canada’s leader—slipping seamlessly between English and French—was enthusiastically out-of-step with the prevailing mood of the other big names making appearances on the first day of the jamboree. “I believe in positive, ambitious leadership,” he said.
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Privatization of Saudi Aramco: A Path to Good Governance?
Saudi citizens would not begrudge proper salaries for the princes and princesses who work in the various ministries and the numerous princes in the security services and armed forces. On the other hand, the public may object strongly to stipends paid to the many princes and princesses not directly employed by the state or stipends paid in addition to their normal salaries as civil servants.
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Commentary: Who will win Davos 2016?
In the end, what is actually said at Davos is rarely remembered after the private planes take off and normal life resumes. But as geopolitical theater, there are few better events.
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Better next time? Tales from the American aid experiences in Iraq and Pakistan
In the last decade, government assistance to Afghanistan, Iraq, and Pakistan (the AIP countries) has dominated U.S. aid efforts. We’ve learned that it’s difficult to provide aid to dangerous places.
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Foreign Minister Al-Jubeir: “Make Up Your Mind, Whose Going to Lead?”
"Now that Saudi Arabia has stepped up... people are saying 'why are the Saudis doing this, it reckless.' It's one of those positions of it's damned if we do, damned if we don't. Make up your mind. Do you want us to lead or do you want us to support? And if you want us to support, whose going to lead?"
- Arab News - Al-Jubeir, Kerry discuss regional affairs
- U.S. State Department - Remarks With Saudi Foreign Minister Adel al-Jubeir
- Saudi Gazette - US stands by Saudi Arabia: Kerry
- US News - US Secretary of State John Kerry is standing by ally Saudi Arabia in its widening rift with Iran over the execution of a Shiite cleric
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Why has Sudan ditched Iran in favour of Saudi Arabia?
“The government realised it was very isolated, even within the Arab world, and decided to change sides,” Abidine said.
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What’s at Stake in Privatizing Saudi Aramco Now?
Saudi Arabia’s Deputy Crown Prince, Mohammad bin Salman, gave a fascinating interview to the Economist on January 4. Among the many subjects he covered, one in particular appealed to energy wonks—the privatization of Saudi Aramco.
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Experts Weigh In: What is the future of al-Qaida and the Islamic State?
It does not merely empower Muslims to fend off attacks on their lives, property, and honor; the Islamic State offers its enthusiastic followers an historic chance to build a utopian order and restore the early Islamic empire or caliphate.
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Why revive Saudi Arabia for non-Saudis?
We must establish a plan parallel to the National Transformation Plan in order to liberate the Saudi market and economy from foreign workers.
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