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Saudi Housing Minister Relieved of his Post – Report
Saudi Arabia’s Housing Minister Shwaish bin Saud Dhwaihi has been relieved of his post as minister of housing, following a royal order, according to reports. He will be replaced Essam bin Saad bin Saeed, Minister of State. Saudi Arabia’s Ministry of Housing was established by Royal Decree on March 25, 2011 by King Abdullah. In addition to managing Saudi Arabia’s […]
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Photo: World’s Largest Container Ship Docks in Jeddah, Saudi Arabia
The Saudi Press Agency reports that the CSC Globe, the world’s largest shipping vessel currently in operation has docked at the Red Sea port of Jeddah, Saudi Arabia. According to the BBC, the ship can carry 19,100 standard 20ft containers. “That’s estimated to be enough space for 156 million pairs of shoes, 300 million tablet computers or 900 […]
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PHOTO: Kerry Meets with King Salman in Saudi Arabia
U.S. Secretary of State John Kerry is in Riyadh today to meet with King Salman and other high-level Saudi officials. The Secretary’s “Full Schedule” of meetings is an opportunity for the Secretary to build rapport with new Saudi officials, a State Department spokesperson said. The Saudi Press Agency (SPA) published this photo from today’s meeting […]
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‘Subtle Change of Energy Policymaker Line-Up’ Gives King Salman Firm Hand on Energy Policy, Report Says
When Saudi Arabia’s King Salman announced a shake-up of leadership shortly after ascending to the throne in January, one of the Kingdom’s most powerful positions – Minister of Petroleum and Natural Resources – was left unchanged. Ali Al Naimi has been Minister for 20 years, and was CEO and President of Saudi Aramco for 12 years before […]
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Despite ‘Kafalah’ Lending Programs for SMEs, Saudi Banks Leave Startup Entrepreneurs Without Needed Funding
Saudi banks are making it difficult for startups get off the ground by decreasing loans to new entrepreneurs, according to a Bloomberg report, despite the fact that these loans are backed by a government SME Loan Guarantee Program. Deema Almashabi writes that entrepreneurs cannot count on receiving necessary startup capital because “banks are not lending to any startups […]
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Tadawul Up 11.2 Percent This Year, Funds Seen as Increasingly Bullish on Saudi Arabian Equities
After a rough second half of 2014, Saudi Arabia’s stock market, the Tadawul or TASI, has begun a bounce-back. The bourse is up 11.2 percent this year, and a recent Reuters survey of regional asset managers found bullishness in those polled about Saudi Arabia equities and the Tadawul. The current gains in Riyadh are the […]
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King’s Speech at Global Islamic Conference in Mecca to Counter Terrorism Urges Strategy
At the Global Islamic Conference that brought together scholars in Mecca, Prince Khaled Al-Faisal read a speech on behalf of King Salman in which the monarch urged the defeat of extremism and noted, “terrorists do not at all represent Islam.” “Many people have the misconception that terrorism is the main feature of Islam and Muslims,” […]
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Military Officials from 26 Nations Battling Daesh Begin 2-Day Summit in Saudi Arabia
Military officials from 26 nations descended on Saudi Arabia this week for a two-day meeting to discuss joint efforts to combat the self-styled Islamic State extremist group, or Daesh, in Iraq and Syria, according to the Saudi Press Agency. According to the Military Times, the head of the U.S. military’s Central Command, Gen. Lloyd Austin, […]
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Jadwa Investment: Healthy Growth in Consumer Spending; Strong Consumption Growth in 2015 Likely
A recently released note by Riyadh-based Jadwa Investment predicts strong growth in consumer spending on the back of recent spending announced in Royal Decrees. Jadwa: “December data showed healthy growth in both cash withdrawals from ATMs and point of sale transaction. Consumption growth in 2015 is likely to be strong following the recent Royal decrees. […]
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#FocusKSA Video: Theodore Karasik on Saudi Arabia’s Political Transition
Gulf-based expert and analyst Theodore Karasik discussed the political transition in Saudi Arabia following the death of King Abdullah and the transition to King Salman last week with SUSTG and SUSRIS in an exclusive #FocusKSA interview. Karasik noted that the transition “went very smoothly,” and added, “I think what caught all of us by surprise […]
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MUST-READS
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Opinion: Is COIN No Longer Relevant?
The movement away from COIN doctrine is also a reflection of the now-popular sentiment that it didn’t work in the post-9/11 period any better than it did during the Vietnam War, the same conflict from which so many complained we didn’t retain hard-learned lessons in COIN.
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If A Bank Can Be Liable For Terrorism, Are The Saudis Next?
There are still big barriers to suing a sovereign nation in U.S. courts, including the opposition of the federal government. But firms including Motley Rice, the firm that helped win the Arab Bank case and in the 1990s broke down the legal walls protecting the tobacco industry, have convinced an appeals court in New York to allow their case against Saudi Arabia to proceed despite that nation’s strong protests it bears no blame for the terrorist attack that killed more than 2,000 Americans.
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Saudi Qatari Dispute: Will Doha Abandon the Muslim Brotherhood?
It is easy for Qatar to implement, for example, the point of ceasing to nationalize defectors from other Gulf States. But the tough nut for Qatar to crack is its policy towards Egypt. In this case, it is not merely an utterance by the Emir that may stop or continue this or that policy; it is the comprehensive approach of Doha to the Middle East.
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Opinion: Saudi Arabia: Champion of Human Rights?
Given Saudi Arabia’s unsavory reputation on this subject—it is routinely denounced in the State Department’s annual human rights report and by activist groups such as Human Rights Watch—Riyadh might seem to be an unlikely venue for such an event. But the key to understanding the rationale for this conference lies in the announced theme: “Promoting a Culture of Tolerance.” This is not about individuals’ freedom of expression, or the status of women, or freedom of assembly. This is about the Islamic State, or ISIS.
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The New Iraqi Prime Minister: A Change in Style or Substance?
One salient issue that remains unaddressed, or at least unanswered, concerns the key security ministries of Abbadi’s new cabinet. Ever since Iraq’s first democratic government was seated in 2006, filling the security ministries with leaders acceptable to all participants in the cabinet has proved to be an enormous challenge.
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Opinion: Degrade and destroy? Unclear military goals are an American tradition
Steadily increasing men and money ($7.5m every day, per a late-August Pentagon total) into Iraq follows from the goal Obama laid out last week: to degrade and ultimately destroy Isis. It signals toughness and finality, yet its meaning is elusive.
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Potential U.S. allies? Syrian rebel groups at a glance
President Obama has said a key part of his strategy to degrade and defeat Islamic State militants will be working with moderate Syrian opposition groups. He has called on Congress to authorize $500 million to train and arm Syrian rebels to become America's partners. But who are these groups, and to what degree can the U.S. rely on them?
- Lawfare - Opinion: The Foreign Policy Essay: Is this How to Win the war on Terrorism?
- Small Wars Journal - Opinion: If You Liked Vietnam, You'll Love the War With the Islamic State
- NYT - Syrian Leaders See Opportunities and Risks in U.S. Striking ISIS on Their Soil
- NYT - Opinion: To Stop ISIS in Syria, Support Aleppo
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Who’s the king of the GCC social media ring?
The UAE comes out on top with high Facebook and LinkedIn penetration rates, yet Saudi Arabia leads the region on most platforms, especially Twitter. According to the Arab Social Media Report published in May this year, Facebook usage in the Arab world has expanded to approximately 81 million users, while LinkedIn and Twitter user numbers have also grown to 8.5m and 6m, respectively.
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What can a Dubai fashion startup teach you about social entrepreneurship?
Determined to make a difference, the two women cofounded JUST, a social enterprise that aims to enable a transparent and “values-driven, not value-driven” fashion supply chain by connecting designers and manufacturers to ethical, sustainable suppliers. JUST leverages technology to promote transparency within the fashion supply chain by authenticating suppliers based on their ethical and sustainability standards and presenting them on an easy to use online platform for designers and manufacturers.
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Iran and Saudi Arabia: Detente on the Horizon?
After all, sabotage is the policy instrument of choice of the hardline faction in Tehran when it sets its mind to defending the status quo. For a brief moment, the hawks seemed hell-bent on sabotaging Rouhani’s Saudi initiative. The day Abdollahian arrived in Riyadh, Fars News—the mouthpiece of the IRGC—reported that an alleged Israeli drone shot down over Iran’s Natanz nuclear facility had been launched from a base in Saudi Arabia.
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