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Jamal Khashoggi on the BBC News Hour: Saudi Arabia Will Continue to Fight IS ‘Short of Sending Ground Troops’ [Audio]
In an interview on the BBC News Hour, Saudi journalist Jamal Khashoggi addressed the latest developments in the joint U.S.-Arab military action against Islamic State positions in Iraq and Syria. “Saudi Arabia is already at war with ISIS since 2003, when IS was still Al Qaeda, so it is the same thing – the same […]
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UAE Fighter Pilots who Bombed IS in Syria Led by Female Commander
A Saudi Prince and a female fighter pilot from the United Arab Emirates took part in this week’s airstrikes on the Islamic State in Syria, according to reports and photos emerging on the social networking site Twitter. Fighter pilots from the UAE’s air force were led by Maj. Mariam Al Mansouri, a female commander of the […]
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IMF Report on Saudi Arabia Cites Growth, Finds Near-Term Outlook ‘Positive’ but Warns of Deficit in 2015
A recently released detailed report on the economy of Saudi Arabia by the IMF finds the Kingdom’s current economic situation is on solid footing with near-term growth expected to continue, but warns of a looming fiscal deficit in 2015. “Saudi Arabia’s economy has grown very strongly in recent years, benefitting from high oil prices and output, […]
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‘Security, Lack of Co-Operation’ to Blame in Delay of Newcomers to Saudi’s Mobile Market, Report Finds
Reuters reports that state security requirements and a lack of co-operation from Saudi Arabia’s existing telecom operators have delayed the launch of two new mobile companies until later this year, citing their chief executives. “VMMEA in March said it hoped to launch services in the first half of 2014, while Mobily initially said its Jawraa’s […]
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NCB’s October 19th IPO May be 2014’s Second Largest Behind Alibaba
Saudi Arabia’s National Commercial Bank is set to issue an IPO in October that might raise as much as 16 billion riyals ($4.3 billion), which would be the second largest of 2014 behind China’s Alibaba Group Holding Ltd., Bloomberg’s Matthew Martin reports. The IPO will list 300 million shares totaling 15% of the lender’s share capital, with an additional 200 million shares, […]
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LG Breaks a Record on way to King Khalid International Airport
It’s about 45 kilometers from Riyadh to King Khalid International Airport. For a couple kilometers during that trip you are now able to see the largest outdoor advertising structure ever. In fact, for about a quarter of a kilometer you will be passing right by it. LG built it to promote its G3 phone and […]
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#FocusKSA: Mark N. Katz Discusses Regional Challenges for the Arabian Gulf States
SUSRIS’ Pat Ryan spoke with George Mason University’s Mark N. Katz, who recently attended the “Arabian Gulf and Regional Challenges” conference that took place September 16-17, 2014, in Riyadh.
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SAGIA in Transition
The Saudi Arabian General Investment Authority (SAGIA) was established in 2000 to be a major driver in the Kingdom’s efforts to liberalize its economy. It has certainly fulfilled that role and over the last 14 years SAGIA has been a chief strategist, leading promoter and the administrative front office for the Kingdom’s business as Saudi […]
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Arab States Offer Willingness to Conduct Air Strikes on Islamic State as CENTCOM Chief Visits Riyadh
The U.S. has received offers from “several” Gulf allies to aid in airstrikes against the Islamic State, according to the New York Times and several other news outlets as US CENTCOM chief Lloyd James Austin III met with Crown Prince Salman in Riyadh today. Following President Obama’s announcement that he would drastically increase strikes against Islamic State positions in Iraq, Secretary of […]
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John Kerry in Jeddah, Saudi Arabia to Coordinate with Allies in Upcoming Battle Against the Islamic State
Secretary of State John Kerry is in Jeddah today for talks with the Saudi Arabian government and other allies as the U.S. seeks a broad, cooperative effort in defeating the Islamic State. Saudi Arabia has agreed to provide bases for the training of moderate Syrian rebels who are battling the Sunni militants and the Assad […]
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Saudi Arabia starts time planning for 2025 Hajj season
Saudi Arabia announced the start of time planning for the 2025 Hajj season, during a meeting held on Sept. 8 in Jeddah, under the auspicious of Prince Khalid Al Faisal, Advisor to the Custodian of the Two Holy Mosques, Governor of Makkah Province and Chairman of the Central Hajj Committee.
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Analysts predict growth despite Saudi GDP fall
Saudi Arabia’s year-on-year GDP fell again in the second quarter, according to adjusted government figures released this week, but analysts have said the quarterly increase shows the economy is nearing the end of its negative run. GDP was down 0.3 percent year on year in the second quarter, but has risen by 1.4 percent since the previous quarter.
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Gaza Impact Creep: Is the Fight Against ISIL a Casualty?
Without such kinetic pressure, he is convinced ISIL would succeed in reconstituting itself in northeastern Syria from its safe haven in the Badiya desert, nominally under Syrian regime control – but largely ungoverned space below the large northern quarter of Syrian territory that Abdi’s forces control. ISIL continues to have funding streams in the northeast, including kidnapping for ransom and extortion, as well as regional inflows, and to find localized safe haven in communities with residual sympathy for the group.
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U.S. and Iraq Try to Recast the Strategic Relationship
The U.S.-Iraq relationship has been undergoing re-evaluation over the past five years, since the March 2019 capture by U.S.-led forces of the Syrian town of Baghouz, the last bastion of physical control by the Islamic State (IS) organization’s “caliphate.” U.S. military personnel, who had been withdrawn from Iraq in 2011, were sent back into the country in 2014 to help destroy the group’s control over major portions of both Iraq and Syria. U.S. forces successfully helped Baghdad rebuild its beleaguered national forces that essentially collapsed at the hands of the IS offensive.
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Saudi Arabia’s game plan for a thriving esports economy: Video
From hosting the first-ever Esports World Cup to announcing plans to build cutting-edge gaming arenas, Saudi Arabia is making big moves in the esports industry. With projections of a $13 billion boost to its economy, CNN’s Eleni Giokos takes a look at how this thriving sector is redefining entertainment and business in a country with a young, tech-savvy population.
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Saudi Arabia is betting big on sports: Video
With bold investments and a bid to host the 2034 FIFA World Cup, Saudi Arabia is aiming to become a dominant force in the global sports industry. CNN’s Eleni Giokos explores how these initiatives are transforming the Kingdom's sports sector and contributing to its broader economic diversification strategy.
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Russian FM meets Saudi crown prince in Riyadh
Russian Foreign Minister Sergei Lavrov visited Riyadh on Monday where he met with Saudi Arabia's de facto ruler Crown Prince Mohammed bin Salman and other officials from the six-nation Gulf Cooperation Council.
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Saudi Arabia Showcases Strategic Tourism Investments at IHIF Asia, Opening Doors to Investors
To capitalize on this momentum, the Kingdom has introduced the Tourism Investment Enablers Program (TIEP), with the Hospitality Investment Enablers (HIE) initiative serving as a cornerstone. HIE is designed to significantly boost accommodation capacity in key tourism areas, driving private investments up to $11 billion and increasing the annual GDP by $4.3 billion by 2030.
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Saudi Arabia wins bid to host 6th UN World Data Forum in 2026
Saudi Arabia, represented by the Saudi General Authority for Statistics (GASTAT), has won the bid to host the United Nations World Data Forum in Riyadh in 2026 after a competitive bidding process. The decision was made by the High-level Group for Partnership, Coordination and Capacity-Building for Statistics for the 2030 Agenda for Sustainable Development (HLG-PCCB), the Saudi Press Agency reported. Around 22,000 delegates from 193 countries, including data scientists, officials of the statistical offices of UN member states and individuals interested in statistics, are expected to participate in the global event.
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CNBC’s full interview with Saudi Investment Minister Khalid Al Falih
CNBC's Steve Sedgwick speaks to Khalid A. Al-Falih, the minister of investment for Saudi Arabia, at the Ambrosetti Forum.
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