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Saudi Announces New Benefits for Soldiers and Government Workers to Offset Fiscal Reform Measures
Saudi Arabia announced new royal decrees to alleviate economic pain from new austerity measures taken as part of reforms meant to wean the Kingdom’s economy off of oil. After a week that saw Saudis frustrated on social media over price hikes on gasoline and power, as well as the introduction of a Value Added Tax (VAT), […]
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With Abbas Visit, Saudi Arabia’s King Salman Reaffirms Support for Palestine
Saudi Arabia’s King Salman reaffirmed Saudi Arabia’s longstanding support for the Palestinian cause during a meeting with Mahmoud Abbas at Al-Yamamah Palace in Riyadh on Wednesday, in the wake of President Trump’s controversial move to recognize East Jerusalem as the capital of Israel and move the U.S. embassy there. The meeting between King Salman and President Abbas is the […]
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Saudi 2018 Budget will be ‘Expansionary’ after Two Years of Tight Spending
Saudi Arabia’s budget will be announced tomorrow and will include a “focus on expansion, development and investment” according to comments made on Al-Arabiya TV by a Saudi finance ministry official, and reported in Reuters. “If there was to be a title for the 2018 budget, it would be the budget of expansion and development and […]
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Ambassador Haley Gives Dramatic Presentation of Alleged Iran-Made Weaponry Recovered from Regional Battlefields
US envoy to the United Nations Nikki Haley made a presentation at Bolling Air Force base in Washington, D.C. to provide evidence that Iran had supplied short-range ballistic missiles to Houthi rebels in Yemen which were then fired at Saudi Arabia. Department of Defense (DOD) officials accompanied Haley for the presentation, which was made against a dramatic backdrop of broken […]
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Secretary Tillerson Urges More ‘Measured’ Approach for Saudi Arabia in Yemen
U.S. Secretary of State Rex Tillerson is urging Saudi Arabia to be more “measured” in its military intervention in war-ravaged Yemen, a day after President Trump called for the end of the Saudi-led blockade in order to allow for delivery of humanitarian aid and commercial shipments. Tillerson also reiterated Trump’s calls for a “complete end” […]
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The U.S. Reported to be Assessing Support of Saudi Arabia’s Nuclear Energy Plans
The Trump administration is reportedly holding talks on providing nuclear technology to Saudi Arabia in a move that would be a significant shift in U.S. policy, ProPublica reports. The report notes that, “The Trump administration hasn’t stated a position on whether it will let the Saudis have enrichment and reprocessing technology. An NSC spokesman declined […]
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NYT Columnist Tom Friedman Praises Saudi Arabia’s ‘Arab Spring, At Last’; Twitter Reacts
New York Times Columnist and bestselling author Tom Friedman met with Crown Prince Mohammed bin Salman in Saudi Arabia for a second time in three years to speak with the powerful and young leader about the ongoing Vision 2030 social and economic reform plans as well as ongoing regional and security issues facing the Kingdom. […]
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Saudi Arabia’s PIF Officially Takes Over Management of Riyadh’s King Abdullah Financial District
Saudi Arabia’s sovereign wealth fund finalized the take over of the management of Riyadh’s US$10 billion unfinished King Abdullah Financial District (KAFD), a large financial hub on the outskirts of the city, as the government attempts to revive the project. Bloomberg reports the project also has a new leader. KAFD’s final development will be run by real […]
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In WSJ Op-Ed, Al-Qassabi Says Kingdom Will Not Avoid Short-Term Difficult Decisions to Eradicate Corruption, Actualize Vision 2030
In a op-ed published in the Wall Street Journal, Saudi Arabia’s Minister of Commerce and Investment Dr. Majed Al-Qassabi addressed critics of the Kingdom’s anti-corruption efforts and says the actions taken last week are evidence that Saudi Arabia is facing a “watershed moment” to eradicate the scourge of corrupt practices. “Saudi Arabia is a rich […]
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Secretary Tillerson, in Riyadh, Pledges Support for Saudi-Iraq Relationship to Counter Iran
U.S. Secretary of State Rex Tillerson visited Riyadh over the weekend to express U.S. support for a warming of relations between Saudi Arabia and Iraq as the two nations inaugurate the first meeting of the Saudi-Iraq Coordination Council, a new organization that will facilitate bilateral ties. The inaugural Coordination Council meeting marks a warming of relations between Riyadh and Baghdad. […]
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MUST-READS
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Saudi Arabia transfers: Every completed deal, rumour, snub, exit as Moussa Diaby nears Al Ittihad
The 2023 summer transfer window will be hard to beat after Saudi Arabia went a bit crazy. Regardless, it is worth keeping up to date with the Saudi Pro League’s transfer activity this summer. Here is every done deal, rumour and snub there is to know.
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Aramco’s Venture Arm Backs South Korea’s AI Chipmaker Rebellions
Rebellions is working with Samsung Electronics Co. to develop its proprietary chip to serve the generative artificial intelligence market. The startup in June agreed to combine its business with rival Sapeon Korea Inc., a unit of SK Telecom Co., and has said it’s looking at a possible initial public offering in South Korea.
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Saudi Arabia’s NEOM partners with Equinox to open luxury resort
Saudi Arabia’s giga project known as NEOM is partnering with Equinox Hotels to open a luxury resort on the coast of the Gulf of Aqaba, located on the northern tip of the Red Sea.
Equinox Resort Treyam will be an architectural spectacle in NEOM’s Magna region, set on a bridge-like structure that spans for about a quarter of a mile and hangs above a desert lagoon, according to a statement. It’ll include a club house, spa and Equinox fitness center, among other things.
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Saudi Arabia Bids Farewell to Last Pilgrims from Madinah Airport
The last group of pilgrims from this year’s Hajj season departed Saudi Arabia on Sunday aboard a Saudia flight from Prince Mohammad bin Abdulaziz International Airport in Madinah. The flight carried 320 pilgrims to Kertajati, Indonesia, after they completed their Hajj rituals. Saudia, the Kingdom’s flag carrier, hosted a farewell ceremony, concluding its 74-day Hajj operations.
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Saudi farmer turns worm waste into wealth in innovative move
A Saudi farmer has developed a technique that transforms a common garden nuisance into a useful resource. Mohammed Al-Shaer, of Al-Dhafir village in Baha, has established a thriving vermicomposting operation on his farm, producing high-quality organic fertilizer from earthworms, according to a report by the Saudi Press Agency.
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Huge billion-dollar Saudi city for 120,000 people starts construction
Banan City – an enormous 10km2 (3.9 sq mi) new municipality located northeastern of the city of Riyadh – started construction earlier this month as Saudi Arabia’s World Expo 2030 looms.
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Al Nassr keeper Sara Khalid says ‘no limit’ to Saudi women’s football growth
Sara Khalid al-Dossary first fell in love with football as a fan watching her father’s beloved Al Ettifaq, but it is with Al Nassr where the goalkeeper’s passion has bloomed into significant sporting success. In May, al-Dossary celebrated winning a third straight league title. The Saudi Women’s Premier League was inaugurated in 2022 and for the past two years, Al Nassr has been its dominant force – winning back-to-back trophies, the most recent by a 10-point margin.
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Saudi Arabia’s TechMal closes $1 million pre-Seed
Saudi-Arabia based fintech TechMal has raised $1 million in a pre-Seed investment round, led by Al Majidiya Investment Company alongside other investors. Founded in 2024 by Saud Al-Rebdi and Basil Alsuhaibani, TechMal operates as a micro-consumer finance company.
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Historic Jeddah Program marks 10 years of UNESCO World Heritage recognition
The Jeddah Historic District Program, part of the Ministry of Culture, is celebrating the 10th anniversary of Historic Jeddah's inscription on the UNESCO World Heritage List in 2014. The program continues its efforts to revitalize the district, aiming to preserve its cultural and urban heritage and transform it into a global heritage destination in line with the Kingdom’s Vision 2030.
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CENTCOM says ISIS is reconstituting in Syria and Iraq, but the reality is even worse
In an unusual public statement late on July 16, United States Armed Forces’ Central Command (CENTCOM) announced that after six months of 2024, “ISIS is on pace to more than double” the number of attacks in Syria and Iraq it claimed in 2023. According to CENTCOM, ISIS has so far conducted 153 attacks across both countries from January through June, noting that “the increase in attacks indicates ISIS is attempting to reconstitute following several years of decreased capability.” CENTCOM’s commander, Gen. Michael E. Kurilla, insisted that achieving an enduring defeat of ISIS still relies on the “combined efforts of the Coalition and partners” — a clear message ahead of next week’s US-Iraq bilateral talks in Washington regarding the future of the counter-ISIS coalition presence in Iraq.
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