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  • Saudi Aramco Jackup Suspensions And The Story So Far

    Saudi Aramco’s ambitious post-Covid jackup fleet expansion programme, in which the operator looked to increase its fleet size from approximately 49 jackups in June 2022 to 90 in just two years, seemed a daring feat. But fast forward to March 2024 and the Saudi Arabian National Oil Company (NOC) almost met its target having 89 jackups at work.

  • Saudi Arabia set to participate in 2024 UN High-Level Political Forum on Sustainable Development

    The Saudi delegation, headed by His Excellency Minister of Economy and Planning Faisal F. Alibrahim, will include representatives from 13 entities from the government. The delegation includes the Ministry of Economy and Planning, Ministry of Energy, Ministry of Foreign Affairs, Ministry of Environment, Water and Agriculture, Ministry of Human Resources and Social Development, National Center for Vegetation Coverage and Combatting Desertification, National Center for Environmental Compliance, General Food Security Authority (GFSA), Royal Commission for Riyadh City, Royal Commission for Al-Ula, Al Madinah Region Development Authority, Quality of Life Program, and Qassim Urban Observatory.

  • Saudi Couple Stuns With Epic Formula 1 Inspired Wedding Entrance

    “We both love doing things differently,” said 32-year-old Abdulaziz to Arab News. “The whole experience was iconic and incredibly special. We’re so grateful for making our night as memorable as our relationship,” added 26-year-old Amirah.

  • Saudi Arabia keen to get more women in the workforce

    Tourism and hospitality in Saudi Arabia are experiencing a remarkable transformation driven by the increased participation of women, thanks to inspirational leaders and strong government action. This shift is significant considering that tourism is one of the few global industries where women already constitute the majority of the workforce. Saudi Arabia is keen to get more women in the workforce, and the Kingdom has already surpassed its Vision 2030 ambition of achieving 30 percent female participation in the labor market.

  • Did a deal between Saudi Arabia and US to sell oil in dollars expire?

    A claim emerged in Chinese-language social media posts in June that Saudi Arabia terminated a 50-year formal agreement with the United States to conduct oil transactions in U.S. dollars, under a deal called the “petrodollar agreement.” But the claims are false. No known formal deal stipulating that Saudi Arabia must sell oil in U.S. dollars exists. While not formally bound by agreement, Saudi Arabia has in practice conducted all its oil deals over the past several decades entirely in U.S. dollars.

  • Saudi sports ministry offers six pro clubs to domestic and foreign private investors

    Al Okhdood, Al Orouba and Al Kholoud, will all play in the 18-team Pro League next season, while the Saudi sports ministry said that Al Zulfi, Al Nahda and Al Ansar were selected for the next round of privatisation based on their “operational readiness, financial health, administrative capabilities, and athletic facilities”. They would also step into the top tier.

  • NATO’s narrow window of opportunity for an effective Southern Strategy

    The upcoming Washington Summit will mark the North Atlantic Treaty Organization’s (NATO) 75th anniversary with a wealth of initiatives aimed at further bolstering NATO’s deterrence and defense capabilities while providing Ukraine with a “bridge” toward future membership in the Alliance. Perhaps less known, NATO leaders will also look into revamping the bloc’s engagement with the South — namely, the Middle East and Africa

  • Israel turbocharges West Bank settlement expansion with largest land grab in decades

    Israel has approved the largest seizure of land in the occupied West Bank in over three decades, a settlement tracking group said Wednesday, a move that is likely to worsen already soaring tensions linked to the war in Gaza. Authorities recently approved the appropriation of 12.7 square kilometers (nearly 5 square miles) of land in the Jordan Valley, according to a copy of the order obtained by The Associated Press. Data from Peace Now, the tracking group, indicate it was the largest single appropriation approved since the 1993 Oslo accords at the start of the peace process.

  • Perspective: If war hits Lebanon, it will be especially hard for the country to pick up the pieces

    The episode reaffirmed the growing rift between a number of Lebanon’s Maronite Christian and Shiite community leaders, which has been widening in recent years. For many Maronites, Hezbollah’s hegemony over Lebanon, its determination to bring in a Maronite president of its own choosing, and its ability to provoke a conflict with Israel without bothering to consult with the Lebanese state or its sectarian counterparts, have all provoked a questioning of their country’s sectarian social contract.

  • Ensuring Clean Water Amidst Saudi Arabia’s Development Surge

    According to Turner & Townsend’s International Construction Market Survey (ICMS) 2024, increasing demand, especially in Saudi Arabia (KSA), is driving up construction expenses. Riyadh, the capital of Saudi Arabia, has become the priciest city in the region for construction, with costs soaring to $2,593 per square meter due to rapid growth.