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Saudi Forces Train to Fight in Rugged Mountain Terrain as War in Yemen Continues
Military personnel from Saudi Arabia were photographed by the official Saudi Press Agency (SPA) training in remote mountain terrain as the battle against the Houthi rebels in Yemen continues. Victory has remained elusive for the Saudi-led coalition fighting in Yemen, but steady gains on the back of coalition airstrikes have turned the tide in the […]
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Saudi Shoura Council Approves Tax on Vacant ‘White Properties’ in Saudi Arabia
Saudi Arabia’s Shoura Council has approved a plan to tax landowners on vacant properties following an earlier Saudi Cabinet decision to pursue a tax on so-called ‘white properties.’ The plan was approved by Saudi Arabia’s King Salman in March and the issue was sent to the Shoura council to be voted upon. It still awaits […]
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KAUST Announces New Partnership with Dow, Launches Venture Capital Fund with ICD
Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) announced two new partnerships this week, including a R&D agreement with Dow Chemical and the creation of a venture capital fund with the Islamic Corporation for the Development of the Private Sector (ICD). The university’s campus is now the future home of the new Dow Middle East […]
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Saudi Stock Market’s Key Players Undertake Roadshow to Promote Investment in Saudi Arabia’s Tadawul
Key players in Saudi Arabia’s stock market have embarked on a “global roadshow” abroad to show off the attractiveness of the investment climate in Saudi Arabia, according to reports, with officials meeting potential investors in New York, London, and Singapore. Saudi Arabia’s Tadawul opened to wider foreign investment in July 2015, but it did so […]
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Uber Eyes Fast-Growing MENA Markets for $250m Expansion
Uber Technologies Inc. is investing $250 million to expand in the Middle East and North Africa, which have some of the ride-sharing service’s fastest-growing markets, Bloomberg reports. Uber is already in Saudi Arabia, and the ride-sharing app is having a significant impact on the transportation economy there. And Uber is also making a social impact. Since […]
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Al-Jubeir: Yemen’s War in the ‘Final Stage’; But Victory May Still Prove Elusive
Saudi Arabia’s Foreign Minister Adel Al-Jubeir said that the Saudi-led coalition battling the Houthi rebels in Yemen is entering its final stages. “I am confident that the Yemeni conflict has entered its final stage, and I’m optimistic,” Al-Jubeir said. “There are indications that the war in Yemen is entering a final phase. The legitimate government […]
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Ahead of Critical Syrian Peace Summit, Saudi Arabia Looks to ‘Test’ Iran on Commitment to Peace
Vienna, Austria will play host to a crucial meeting on Friday on the future of Syria and international efforts to end the bloody 4-year civil war that has left hundreds of thousands dead and has served as a breeding ground for Daesh, or the self-described ISIS. For the first time, all the main powers with […]
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Bomb Rips Through Shia Mosque in Najran City, Saudi Arabia, Killing One; Daesh Claims Responsibility, Suspect Named
A bomb ripped through a Shia mosque in Najran City in Saudi Arabia yesterday, killing one and injuring at least 16 people in the latest in a spate of murderous attacks across Saudi Arabia in the last year. Daesh has claimed responsibility for the suicide bombing at the al-Mashhad mosque. Saudi Authorities have named a suspect. […]
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Report: U.S. State Department Approves Sale of $11.5b Littoral Combat Ships to Saudi Arabia, Latest in ‘Biggest Year Yet’ for U.S. Arms Sales
The State Department has approved the sale of as many as four Littoral Combat Ships for $11.25 billion under the Foreign Military Sales program according to an official cited by Bloomberg. The approval allows the Saudis to negotiate contracts for the ships unless Congress passes legislation to block the deal, the report said. The news […]
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Perspective: “Lessons from America’s Continuing Misadventures in the Middle East” – Chas Freeman’s Speech to AUSPC in Washington
In the opening keynote at this year’s 24th Arab-US Policymaker’s conference, Ambassador Chas W. Freeman, Jr. discussed the lessons from America’s “continuing misadventures in the Middle East.” The event, hosted by the National Council on U.S.-Arab Relations in Washington, D.C., enters its second day today at the Ronald Reagan International Trade Center. Ambassador Freeman chairs Projects […]
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MUST-READS
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12 Saudi Universities Make the Top 1,000 Worldwide
Saudi Arabia is celebrating a major milestone in higher education, with 12 of its universities making it into the prestigious top 1,000 worldwide institutions for 2024 according to the Shanghai Ranking. Al-Benyan emphasized that this progress is in line with Vision 2030’s goals and reflects the dedication to improving education and research systems. The University Affairs Council, along with various bodies, has been working hard to ensure that Saudi universities not only meet but exceed global standards of excellence.
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China, Saudi Arabia top buyers of Russian fuel oil in July, LSEG data shows
China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in July, traders said and LSEG data showed on Friday. Russian fuel oil and VGO seaborne exports last month rose 7% from June to about 4.05 million metric tons, helped by completion of seasonal maintenance on Russian refineries.
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Saudi Arabia’s Electricity Consumption Soars, Oil Burn Doesn’t
Saudi Arabia electricity generation surged by 6% in the first half of the year. Yet oil burn is down against 2023 levels thanks to higher gas availability and the growing role of renewables in the power mix. Higher fuel oil imports in June raise questions over whether oil burn gains may return in H2.
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Saudi Arabia’s PIF partners with CONCACAF to boost football development
The Confederation of North, Central America, and Caribbean Association Football (CONCACAF) has announced a strategic partnership with Saudi Arabia’s Public Investment Fund (PIF) to elevate football development across the region. The multi-year collaboration will focus on bolstering grassroots football, expanding youth championships, and nurturing young talent. By investing in programs like the CONCACAF under-15, under-17, and under-20 championships for both men and women, the partnership aims to create more opportunities for aspiring footballers.
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Saudi brothers make waves in open-water swimming
Abdulrahman Boksmati and Ghaith Boksmati from Jeddah are the first Saudis to complete the 20 Bridges swim in Manhattan, New York. The 48.5 km loop around the island is one of three swims that constitute “the triple crown” of open-water swimming. The title is bestowed on swimmers who complete the Catalina Channel, the English Channel, and the largest of the three, the Manhattan 20 Bridges.
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Qiddiya’s Performing Arts Centre: Where innovation meets culture in Saudi Arabia
The Qiddiya Investment Company (QIC) is set to redefine the cultural and entertainment landscape of Saudi Arabia with the launch of the Qiddiya Performing Arts Centre. As the first cultural asset of the newly announced Qiddiya City, this state-of-the-art venue is designed to become a symbol of creativity and a cornerstone of the Kingdom’s cultural evolution. In an exclusive interview with Saudi Gazette, Majed Aldusaimani, Director of Public Relations and Media Liaison at QIC, shared insights into the vision, technological advancements, and future aspirations for the Performing Arts Centre.
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Secretary Blinken’s Call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud
Secretary of State Antony J. Blinken spoke today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud. The Secretary discussed the vital, ongoing work to prevent regional escalation and finalize a ceasefire agreement between Israel and Hamas. Secretary Blinken thanked the Foreign Minister for Saudi Arabia’s work to facilitate the flow of humanitarian aid into Gaza. The Secretary underscored our shared concerns about Houthi actions, including its seizure earlier this month of the United Nations Office of the High Commissioner for Human Rights in Sana’a.
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How Does the Jafurah Gas Field Support Saudi Arabia’s Economic Growth?: Video
Witness the second expansion of the Jafurah unconventional gas field, the largest shale gas field in the Middle East Equipped with cutting-edge technologies, we aim to advance our efforts in contributing to the future of power generation, one that is more efficient
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Saudi Arabia spends SR3.7 billion to support employment and training during first half of 2024
Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi revealed that the Saudi Human Resources Development Fund (HADAF) has spent about SR3.7 billion ($986 million) on programs and products to support employment, training and qualification of Saudis during the first half of this year. More than 100,000 establishments have benefited from these programs and over 153,000 citizens were employed in private sector establishments, he said during the ceremony of launching ‘Jadarat,’ the Unified National Employment Platform on Sunday. “The goal of the platform, under the slogan “Ambition and Empowerment,” is to unify employment efforts and data of job seekers in the public and private sectors, and to raise the quality and reliability of data,” he said.
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King Salman Charter for Architecture and Urbanism Award Announces 2024 Winners in Saudi Arabia
The King Salman Charter for Architecture and Urbanism Award has just announced the winners for 2024. Recognizing outstanding achievements in architecture and urbanism in Saudi Arabia, The King Salman Charter for Architecture and Urbanism Award is an initiative designed to celebrate projects that are aligned with the values of the King Salman Charter in Saudi Arabia. This year, since projects were honored with the award from three categories: built projects, unbuilt projects, and student projects.
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