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  • Photos of Crown Prince Mohammed bin Salman, Top Saudi Leaders Visiting Remote Northwest Saudi Arabia Go Viral
     

    Photographs of Crown Prince Mohammed bin Salman and some of Saudi Arabia’s top officials visiting some of Saudi Arabia’s most famous mountains in the Northwest region of the country have gone viral on social media. The photos showing casually-dressed Saudi ministers and officials were taken last Summer by royal photographer Bandar Al-Jaloud at Jabal Al-Lawz (Almond Mountain) […]

     
  • Saudi Arabia’s Collections from VAT Double Expectations in 2018; Foreign Investment Rebounds
     

    Foreign investment into the Kingdom and VAT collections both more than doubled in 2018 over the previous year, government officials revealed this week as information regarding the Kingdom’s 2019 budget are published. Reuters reports that the Kingdom saw a rebound in foreign investment into Saudi Arabia in 2018 to 13 billion riyals ($3.5 billion), more than […]

     
  • Looking toward Africa, Saudi Seeks Red Sea Political, Economic Bloc
     

    Saudi Arabia is seeking a political and economic alliance with six countries bordering the Red Sea and the Gulf of Aden in a move aimed at strengthening its interests in the crucial waterway and in Africa, according to reports. Representatives from Egypt, Djibouti, Somalia, Sudan, Yemen and Jordan gathered in Riyadh on Wednesday to discuss the initiative, […]

     
  • Saudi Arabia Braces for More Dangerous Wet Weather
     

    Authorities in Saudi Arabia’s are cautioning that more thunderstorms and wet weather is on its way to several areas across the Kingdom, as locals brace for the potential for additional flooding and other hazards. The country’s General Authority of Meteorology and Environmental Protection warned that heavy winds along with thunder and rain would hit Jazan, […]

     
  • Saudi Arabia’s Public Prosecutor Seeks Death Penalty for 5 Khashoggi Murder Suspects
     

    Saudi Arabia’s public prosecutor is seeking the death penalty for five out of 11 suspects charged in the murder of journalist Jamal Khashoggi, Arab News and other local media report. The public prosecutor, Saud al-Mojeb, has concluded that an intelligence officer ordered Jamal Khashoggi’s murder, and not Crown Prince Mohammed bin Salman. Top aide to the Crown […]

     
  • Oil Prices Rise as Saudi Signals 1m Barrel/Day Cuts to Curb Supply Glut
     

    Oil prices rose on Monday after weeks of losses on oversupply and weak demand forecasts after Saudi Arabia signaled that it would cut supply in order to stabilize the markets. OPEC and its allies signaled a willingness to cut production next year by 1m barrels per day (bpd) on October 2018 levels, according to reports. That would […]

     
  • Crown Prince Mohammed bin Salman Launches Project for First Nuclear Plant in Saudi Arabia
     

    Saudi’s crown prince on Monday launched a project to build the first nuclear research reactor in the kingdom, Reuters reports, citing the Saudi Press Agency. The project is one of seven “cutting edge ventures” in the fields of renewable energy, atomic energy, water desalination, genetic medicine and aircraft design that were inaugurated by the crown […]

     
  • Saudi Arabia Adjusts National Transformation Plan (NTP)
     

    Saudi Arabia has adjusted some targets within its five-year National Transformation Plan (NTP), making changes to metrics on the official document that can be found on the Kingdom’s Vision 2030 website. Bloomberg first reported the changes on November 1, noting that the new document “doesn’t affect major fiscal or energy-related reforms” but nevertheless represents a scaling back of […]

     
  • Pompeo Leaves Saudi Arabia, Arrives in Turkey
     

    U.S. Secretary of State Mike Pompeo concluded his visit to Saudi Arabia and is now in Turkey to meet with Turkish officials including President Erdogan, according to reports. Pompeo said the government pledged to hold anyone accountable in the disappearance of Saudi journalist Jamal Khashoggi. “[The Saudi government] made a commitment to hold anyone connected […]

     
  • Saudi, Kuwait, UAE Agree to Give Bahrain $10b
     

    Saudi Arabia, Kuwait and the United Arab Emirates have agreed to give Bahrain $10 billion to “support the country’s funding requirements,” Reuters reports, as Bahrain embarks on a fiscal program aimed at eliminating its budget deficit by 2022. The move by Saudi Arabia, Kuwait and the UAE “makes sense economically” because “any collapse of Bahrain’s currency […]

     

MUST-READS

  • Prince Mohammed bin Salman Royal Reserve’s Integrated Development Management Plan launched

    The plan is a comprehensive roadmap in line with global standards, covering the environmental, economic, social, tourism, and cultural aspects of the 24,500 square kilometer Reserve, which includes 15 distinct ecosystems, ranging from mountain ridges to coral reefs in the northwest of the Kingdom, the Saudi Press Agency reported.

  • Saudi Arabia’s Abutaleb’s KO dashes Israel’s Olympic taekwondo hope

    Taekwondo Olympic medalist Abishag Semberg was left in tears after her defeat to Saudi Arabia’s Dunya Abutaleb in the women’s flyweight round of 16 in Paris on Wednesday. Abutaleb, the first Saudi woman to secure direct Olympic qualification, triumphed with scores of 2-6, 5-4 and 10-0. She sealed her victory with two head kicks and two body kicks in the decisive third round.

  • Investor bids invited for six Saudi football teams

    Saudi Arabia this week opened bids for six football teams as part of its new drive to monetise the kingdom’s sport sector and raise its foreign direct investment numbers. Local and international investors are invited to bid for Al-Okhdood, Al-Orouba and Al-Kholoud – all in Saudi Arabia’s top Pro League – as well as Al-Zulfi, Al-Nahda and Al-Ansar. Applications are open until a deadline of September 19.  A negotiation process will then start with the best offers, the Saudi Press Agency (SPA) reported, citing the ministry of sport. A further eight teams will be put up for sale at a later stage.

  • Adidas launches its partnership with Al-Nasr Saudi Club with an advertisement inspired by the game (Roblox)

    Adidas launched today the new kits of the Saudi Al-Nasr Club, according to the partnership signed between the two parties last February, which will last for three years, to become the global company’s sportswear brand, the official partner of the club starting from the 2024/2025 season, as “Adidas” will provide all teams and employees under the umbrella of Al-Nasr with the official uniform.

  • Saudi Arabia says Hamas leader’s killing was ‘blatant violation’ of Iran’s sovereignty

    Saudi Arabia said on Wednesday the assassination of Hamas leader Ismail Haniyeh in Tehran was a "blatant violation" of Iran's sovereignty. The comment by the Saudi deputy foreign minister during an extraordinary meeting of members of the Organization of Islamic Cooperation (OIC) was the first by the kingdom, the region's major power alongside Iran, since the killing of the Palestinian Islamist leader in the Iranian capital on July 31.

  • Saudi court overturns death sentence against retired teacher over posts on X

    A Saudi court has overturned the death sentence of a former teacher over social media posts made from anonymous accounts with 10 followers, a UK-based human rights group has reported. Last July, the kingdom's Specialised Criminal Court gave Mohammed al-Ghamdi the death sentence over tweets, including some which focused on unemployment and calling for the release of political prisoners. On Wednesday, Sanad, a UK-based group advocating for Ghamdi, said it had learned from sources inside the kingdom that the Court of Appeal had cancelled the sentence.

  • Saudi Takes 2 Million Photos of Neom in ‘Ground X’ Project to Build Investor Trust

    Saudi Arabia wants investors to know its ambitious Neom development is on track. Its effort is called “Ground X” and is meant to show live feeds of construction sites, project deadlines, and a “progress library” for each zone of Neom, including Sindalah, The Line and Trojena. The Ground X website is not open to the public and Skift was not able to review it.  But a public version of the website does give some details: It says it has installed 452 time-lapse cameras, 63 live cameras and more than 300 drone locations across Neom, capturing two million photos and 70,000 videos.

  • Saudi Arabia to host Halo space balloon test flight

    Halo Space, a Spanish company developing a stratospheric balloon for tourists is to conduct its next test flight in the Kingdom of Saudi Arabia this September. This test flight will be Halo Space’s sixth and use the company’s real-size prototype capsule, Aurora, which will ascend 30km above the Earth’s surface. The primary objective of the flight is to validate the integrated operation of all critical systems developed over the past three years.

  • Houthi presence in region in focus after ‘martyrdom’ of senior commander in Iraq

    A senior commander of Yemen’s Ansarullah movement, better known as the Houthis, is claimed to have been killed in a US airstrike in Iraq. The apparent incident has fueled speculation about the Houthis expanding their role in the Iran-led ‘Axis of Resistance’ and pursuing horizontal integration with other members of the regional alliance network . As the region braces for an escalation in the confrontation between the ‘Axis of Resistance’ and Israel, the role of the Houthis in the equation is gaining increasing attention.

  • Lucid Receives $1.5 Billion Lifeline from Saudi Investment Fund

    An affiliate of Saudi Arabia's Public Investment Fund has thrown struggling electric car maker Lucid Group a $1.5 billion lifeline (second one of the year). This comes as Lucid prepares to launch its first sport utility vehicle amid a downturn in the EV automotive space. Lucid revealed it entered into agreements with its majority stockholder, Ayar Third Investment Company, an affiliate of the Saudi PIF, to purchase $750 million of convertible preferred stock through a private placement and provide a $750 million unsecured loan.