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  • PHOTOS: Saudi Commando Forces Train in the Alps
     

    Saudi Arabia’s commando forces are training in the Alps with their French counterparts. The forces included “Saudi commando units, surveillance units of paratroopers and special forces units from the Royal Saudi Land Forces, joined by French commandos, all took part in the high-altitude drills dubbed ‘Shamrakh 1,’ Al Arabiya reports. [CLICK HERE TO VIEW A […]

     
  • After Sfakianakis Hire, Ashmore to Open an Office in Saudi Arabia Ahead of Market Opening
     

    London-based Ashmore Investments is set to open an office in Saudi Arabia before the opening of the Saudi Stock Exchange to foreign investors, the Wall Street Journal‘s Nicholas Parasie reports. Ashmore, which is registered with the Saudi market regulator the Capital Markets Authority and based in Riyadh on Olaya Main Street, recently hired John Sfakianakis to join the […]

     
  • Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
     

    An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]

     
  • Saudi Arabia in the Air
     

    A stunning collection of photos from Saudi Arabia’s Press Agency, the SPA, showed Saudi Arabia’s helicopters and some shots of the Kingdom from above. [Click here to view a slideshow of Saudi helicopters and aerial shots of the Kingdom from above]

     
  • Google on a Camel
     

    Google’s Street View has provided 360-degree views of locations around the globe since 2007.   Street View cameras have been deployed on boats, underwater and now, Raffia, a 10-year old camel. Writing for The National, Lindsay Carroll reports on Raffia’s walk in the desert around the Liwa Oasis carrying a specialized camera. The Liwa Desert […]

     
  • Saudi Aramco: Not Your Ordinary NOC
     

    Last month Saudi Aramco opened a 50,000 square foot, state-of-the-art research center in Houston that Saudi Aramco President and CEO, Khalid Al-Falih called, “an upstream research center like no other.”  It will be an extension of Saudi Aramco’s Exploration and Petroleum Engineering Center’s Advanced Research Center (EXPEC ARC) and it’s Research and Development Center both […]

     
  • Central bank’s record reserves ‘show strength of Saudi economy’
     

    The Saudi Arabian Monetary Agency (SAMA)’s reserve assets soared to another historic level in August, official data show, to over $757.3 billion. The jump in August, an increase of $10.4 billion, shows the strength of the Saudi economy, Asharq Alawsat reports, citing economist Abdulaziz Al-Fahad. Asharq Alawsat: “SAMA itself attributed the rise in reserves to […]

     
  • Lockheed, Raytheon Sell ‘Worlds Most Advanced’ Patriot Missile System to Saudi Arabia for $1.7b
     

    U.S. defense contractors Lockheed Martin and Raytheon are the lead contractors in the proposed $1.7b sale of the Patriot Advanced Capability-3 (PAC-3) Missile system to Saudi Arabia, following a request for approval by the Pentagon.  The development is the latest in recent weeks indicating a strengthening of U.S.-Saudi ties as the two countries coordinate security efforts to counter […]

     
  • Why MNCs Must Localize their Saudi Business
     

    Saudi Arabia is one of Europe, Middle East and Africa’s (EMEA) top emerging markets, but it is on an unsustainable growth path that threatens long-term prosperity. In addressing this problem through economic diversification, the government will increasingly push multi-national corporations (MNC) to localize their presence or risk being shut out of the market. Success for […]

     
  • In First Weekly for Ashmore, Sfakianakis Highlights ‘Wall Street’s Retreat from EM Market-Making’
     

    In his first weekly for the London-based Ashmore Investments, John Sfakianakis and co-author Jan Dehn write that emerging markets are playing a larger role in international finance, and recent political and economic developments around the globe “illustrate Wall Street’s decline as market-maker for Emerging Markets (EM) assets.”   The full analysis, available here and used by […]

     

MUST-READS

  • Cloud Seeding Program plans to cover Makkah and Holy Sites using ground-based generators

    The Saudi Regional Cloud Seeding Program confirmed that it is working to improve the weather condition in the Kingdom by making optimal use of all available opportunities and technologies. Its focusses include using ground-based generators to stimulate clouds from high altitudes rather than using aircraft. The program also noted that Makkah and the Holy Sites will be given priority while implementing this new technology of cloud seeding program.

  • Saudi Crown Prince Postpones Japan Trip Over King’s Health

    The trip set to start Monday was to have been the crown prince’s first visit to Japan since 2019. Hayashi said at a regular news briefing in Tokyo the two nations would reschedule the visit, without indicating when.

  • Tyson Fury vs. Oleksandr Usyk fight results, highlights: Ukrainian wins to become undisputed heavyweight champ

    The narratives went out the window when Oleksandr Usyk and Tyson Fury met to crown an undisputed heavyweight champion on Saturday. Fury, the bigger and supposedly more powerful man, outboxed the boxer in the first half of the fight before Usyk turned the fight on a dime with a brutal ninth-round assault  that appeared to have the "Gypsy King" out on his feet for a moment as he stumbled around the ring before crashing to the canvas.

  • Saudi Arabia stages ‘historic’ first swimwear fashion show

    The poolside show featuring the work of Moroccan designer Yasmina Qanzal included mostly one-piece suits in shades of red, beige and blue. Most models had exposed shoulders and some had their midriffs partially visible.

    "It's true that this country is very conservative but we tried to show elegant swimsuits which represent the Arab world," Qanzal said.

  • Saudi Arabia studies new strategies to mitigate extreme heat experienced by pilgrims during Hajj

    The National Centre of Meteorology in Saudi Arabia is exploring a new strategy to mitigate the extreme heat experienced by pilgrims during the annual Hajj pilgrimage by potentially employing advanced weather modification techniques.
    Dr. Ayman Ghulam, CEO of the centre, unveiled this innovative approach during a workshop on climate impact for the upcoming Hajj season.

  • Hezbollah introduces new weapons and tactics against Israel as war in Gaza drags on

    Hezbollah has regularly fired missiles across the border with Israel over the past seven months, but the one on Thursday appears to have been the first successful missile airstrike it has launched from within Israeli airspace. The group has stepped up its attacks on Israel in recent weeks, particularly since the Israeli incursion into the southern city of Rafah in the Gaza Strip. It has struck deeper inside Israel and introduced new and more advanced weaponry.

  • Young Population of Early Adopters Have Facilitated the Rapid Uptake of Smart Appliances

    We have witnessed intelligent homes grow in tandem with rapid urbanization across the Middle East and increased accessibility of smart appliances. Middle East customers rank among the most engaged users worldwide, with 14 daily interactions per customer. In 2023, Alexa’s monthly active customers in the region increased by 40%, with 11 smart appliances connected to Alexa per customer on average.

  • Umrah not allowed for those without a Hajj permit between May 24 and June 26

    The Ministry of Hajj and Umrah announced that Umrah permits will not be issued for those who do not have a confirmed Hajj permit during the period from Dhul Qada 16, corresponding to May 24, until Dhul-Hijjah 20, corresponding to June 26. The ministry issued the directive to facilitate the Hajj pilgrims, who started flocking to Saudi Arabia from all over the world, to perform their rituals at the Grand Mosque in Makkah in ease and comfort.

  • Saudi king to be treated for lung inflammation, state news agency says

    Saudi King Salman will undergo treatment at Al Salam Palace in Jeddah for a lung inflammation, the state news agency said on Sunday, hours after he underwent medical tests.
    Citing the royal court, the state news agency said the 88-year-old king would be treated with antibiotics until the inflammation subsides.
    Due to King Salman's health issue, Crown Prince Mohammed bin Salman, the de facto Saudi leader, postponed a visit to Japan that had been scheduled to begin on Monday, Japan's Chief Cabinet Secretary Yoshimasa Hayashi said.

  • Readout of National Security Advisor Jake Sullivan’s Meetings in Saudi Arabia and Israel

    Mr. Sullivan arrived in Israel from Dammam, Saudi Arabia, where he held constructive meetings with the Crown Prince and Prime Minster of Saudi Arabia Mohamed bin Salman focused on a comprehensive vision for an integrated Middle East region. Mr. Sullivan briefed Prime Minister Netanyahu and his team on these meetings and the potential that may now be available for Israel, as well as the Palestinian people.