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Obama to Visit Saudi Arabia in Wake of Heated Debate Regarding U.S. Middle East Policy
U.S. President Barack Obama will visit Saudi Arabia in April, his third time visiting Saudi Arabia while president. In September 2015, Saudi Arabia’s King Salman visited the United States with his son and Deputy Crown Prince and Minister of Defense Mohammed bin Salman. And, last spring, Obama invited the Saudis and other Persian Gulf Arab […]
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NYT Report Documents Former Ambassador Al-Jubeir Efforts to Enlist U.S. Support for Saudi Campaign in Yemen
A New York Times report by Mark Mazetti and Eric Schmitt sheds light on Saudi Arabia’s efforts to enlist the Obama Administration’s support for taking military action in Yemen last year. The decision to support Saudi Arabia came after two days of meetings in March 2015 between then-Ambassador to the United States Adel Al-Jubeir and top officials in the […]
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Secretary Kerry Makes Second Trip to Saudi Arabia in 2016
Secretary of State John Kerry is en route to Saudi Arabia now for his second visit to the Kingdom since the start of 2016. Secretary of State John Kerry will travel March 11 to Hafar al Batin, Saudi Arabia to meet with senior government officials to discuss a variety of topics, including efforts to resolve […]
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Riyadh to Keep Arms Originally Bound for Lebanese Army
Saudi Arabia will honor its contracts with French defense companies for $3 billion in arms previously bound for Lebanon as military aid, but will keep the equipment for its own army, foreign minister Adel Al-Jubeir said. Saudi Arabia recently withdrew its promise of $3 billion in military aid and $1 billion for security services over […]
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Borrowing by Arab Governments More than Doubled Last Year as Energy Producing Nations Feel the Pinch
Borrowing by Arab governments more than doubled last year and is forecasted to remain high in 2016, according to the ratings agency Standard and Poor’s (S&P). Last year, Saudi Arabia borrowed $26 billion, and in total, GCC Governments borrowed $40 billion overall. Egypt borrowed the most of any Arab nation with $44 billion. S&P projects […]
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Jadwa Investment Report Finds Inflation at 5-Year High
In a recently released report by Jadwa Investment on inflation in the Saudi economy, the Riyadh-based firm found that inflation in Saudi Arabia had reached a new 5-year high as a result of recent energy price reforms that have increased domestic energy costs. “The inflationary impact of the recent hike to energy prices is […]
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Video: Manifa – The Planning Behind Saudi Arabia’s Complex Offshore Oil Field
Saudi Arabia’s Manifa offshore oil field is a huge development just off of Saudi Arabia’s northeast coast. The field exists in harmony with large underwater areas where wildlife and coral reefs are thriving, and is the size of Manhattan. A video by Saudi Aramco on the company’s YouTube channel highlights the project’s extensive scope and engineering. It is the […]
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Annual SIPRI Report: Saudi Arms Purchases Up 275% in Last 5-year Period as Kingdom Remains Largest U.S. Buyer
Saudi Arabia was the second largest arms importer in the world between 2011 and 2015, and the United States was the world’s largest exporter by far during the same period, according to a comprehensive annual report on arms transfers between states by the Stockholm International Peace Research Institute (SIPRI.) The United States exported 33% of […]
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In Letter to King Salman, Council of Saudi Chambers Chairman Al-Zamil Urges Payments to Construction Firms
Saudi businessman and Chairman of the powerful Council of Saudi Chambers of Commerce (CSC), Dr. Abdulrahman al-Zamil, has written a letter to Saudi Arabia’s King Salman requesting that he intervene to ensure that the government makes delayed payments to construction companies. Some construction firms have seen scheduled payments from the government delayed by over six […]
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How Long Does Saudi Arabia Have Until it Runs Out of Groundwater?
Water supply for the Saudi Arabia is among its foremost challenges. In 2013, SUSTG wrote about the obstacles facing water sustainability for Saudi Arabia. Some experts predicted full water depletion by 2050 if nothing is done. However, a new local study done by the King Faisal University finds that Saudi Arabia’s timetable for water is […]
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MUST-READS
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Saudi Arabia takes the lead in GCC-Central Asia economic collaboration
In May, Riyadh hosted the GCC Central Asian Investment Forum 2024, a significant event that brought together key figures from the public and private sectors of the Gulf countries and Central Asia. The discussions and panels at the forum highlighted the urgent need for these two regions to collaborate and their potential as ideal partners for broad, long-term cooperation. Notably, Saudi Arabia stands out with the experience, capabilities, and ambitions necessary to lead in establishing a permanent platform for these partnerships to flourish.
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Top esports teams from the Gulf region prepare for an epic showdown in Riyadh
Esports fans eagerly await the GCC League 2024 finals in Riyadh. Hosted by the Saudi Esports Federation (SEF), this premier Middle Eastern tournament features top talent from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. The competition began with 12 teams competing in Rocket League, a popular vehicular football game, and will culminate on June 27-28. Contestants will vie for a $150,000 prize pool, competing in both Rocket League and TEKKEN 8.
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In the Middle East, China presents itself as a constructive actor
An expert affiliated with the China University of Political Science and Law told us that experts in Chinese political circles strongly believed in the need to strengthen the Palestinian front. Peace talks could not proceed without greater Palestinian unity, he argued. The April meeting could be a stepping stone towards a meeting between Israel and Palestine that Beijing might hold this year, that expert said.
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Social Media Is the Main Gateway to Online News
Within the large proportion of online news consumers, there has been a shift in online news consumption, however, as social media platforms play an increasingly important role, not only as a news source but also as a general gateway to online news. While direct access to news websites or apps used to be the most common entry point for online news consumption in 2018, it is now only the third most important gateway to online news, behind search and social media.
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“Norah”: A Groundbreaking Saudi Film Makes Its Mark at the Cannes Film Festival
The 77th Cannes Film Festival marked a significant milestone for Saudi cinema with the inclusion of ‘Norah’ in the Un Certain Regard section. This recognition is noteworthy as "Norah" is the first Saudi film, entirely shot in AlUla and featuring an all-Saudi cast, to be officially selected at Cannes.
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Reports of the petrodollar system’s demise are ‘fake news’ – here’s why
"The evidence for any kind of conspiracy is thin to nonexistent," Brew told MarketWatch in an interview on Friday. "There is a very clear record of both the Americans and the Saudis being concerned in the aftermath of the global oil shock of what Saudi surpluses would do to the global economy."
"It was a very common-sense solution to a mutual problem," he added.
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Opinion: For Hamas, Everything Is Going According to Plan
Israeli Prime Minister Benjamin Netanyahu seems to have concluded that the best way to stay out of prison on corruption charges is to stay in office, and the best way to do that is to keep the war going. Hamas, meanwhile, believes that it is winning. On October 13, I wrote in these pages that Hamas had set a trap for Israel. The trap has sprung; Israel is fully enmeshed in it, with no evident way out, and Hamas is getting exactly what it hoped for.
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Saudi FM Holds Talks with High-level Officials on Sidelines of Ukraine Peace Summit
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Saturday with a number of world leaders and officials on the sidelines of the peace summit on Ukraine in Lucerne, Switzerland, including President of the European Council Charles Michel.
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Chile says Saudi mining minister to visit, lithium expected on agenda
Chile's government said on Saturday that Saudi Arabia's mining minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago.Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef told Reuters in March the kingdom was interested in sourcing lithium abroad, as it aims to enter the electric vehicle sector."He will indeed be in Chile (in July) and has asked for a meeting with the minister. But the date is not yet set," the ministry said in an email to Reuters.
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Why is Saudi Arabia cutting funding, reducing costs on ambitious projects?
Over the last few months, employees working for state-backed Saudi companies have been startled by unforeseen cost cuts. It started during the first quarter of 2024 and affected those working in diverse sectors across the kingdom, from the media to the country's ambitious giga projects. Department spendings were significantly reduced, employees were made redundant and managements did everything big and small to save money, causing an atmosphere of tension and uncertainty.
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