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  • Saudi Arabia’s First Female Director Brings ‘Wadjda’ to Cannes
     

    Wadjda, the first-ever film shot in Saudi Arabia, hits the Cannes market as The Match Factory begins pre-sales at Cannes’ Marche du Film on the coming-of-age drama from Haiffa al Mansour, the first female Saudi filmmaker. Haifaa wrote and directed Wadjda, which tells the ordinary but uplifting story of Wadjda, an 11-year-old girl growing up in […]

     
  • Baseball and Saudi Economic Policy
     

    Dr. Muhammad Al-Jasser, Minister of Economy and Planning, recently spoke to the Young Businessmen’s Committee of the Riyadh Chamber of Commerce and Industry. Though the setting would appear innocuous, Dr. Al-Jasser’s remarks were not. The theme was the Future Vision of the Saudi Economy and they are worth reading in full.

     
  • Opening the TASI: What You Need to Know
     

    Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time.  The initial step toward this action was to give other GCC countries the right to invest […]

     
  • Seven years of prosperity and development
     

    Saudi Arabia will mark the seventh anniversary of Custodian of the Two Holy Mosques King Abdullah’s accession to the Saudi throne on May 17 with a variety of programs highlighting the remarkable progress achieved by the Kingdom in education, health, industry, agriculture and other sectors under his wise leadership. King Abdullah’s announcement at the Shoura […]

     
  • Petchem projects lead Saudi industrialization drive
     

    The Saudi project market continues to thrive. Latest data from Meed put the value of projects “planned or underway” at $745 billion in mid-April, around 13 percent higher than a year earlier. These figures need to be treated with some caution: The topline number is some 30 percent larger than the nominal size of the […]

     
  • USTR: Saudi Continues to Protect Intellectual Property Rights
     

    The Office of the U.S. Trade Representative on Monday released the 2012 Special 301 Report reviewing the intellectual property protection policies of foreign nations.  Saudi Arabia is not named on the “Watch List” again this year and has not been since a successful Out-of-Cycle Review in 2009 to resolve IP issues in cooperation with the […]

     
  • Island in the Gulf – A Film of Juraid Island
     

    One of the great joys of living in Saudi Arabia has always been the natural environment itself – the dunes, the jebals and especially the Gulf with its beaches, reefs and islands. For those lucky enough to visit Juraid Island, fifteen miles offshore from Jubail, the experience has always been unforgettable. A pristine island shaped […]

     
  • Journey of a lifetime
     

    To say that I was excited to be in the presence of such history would be an understatement. I had been looking forward to this trip for months and was absolutely beside myself. My purpose was to travel with my mother to Saudi Arabia to perform the Umrah, a mini version of the annual Hajj […]

     
  • US and Saudi team up for renewable energy projects
     

    The United States and Saudi Arabia are prepared to sign a number of deals related to the establishment of investment and service projects depending on renewable energy resources, Arab News reported. US Assistant Secretary of Commerce for Manufacturing and Services, Nicole Lamb, said the US would support the Kingdom on its drive to develop clean […]

     
  • Major Banks Expanding in Saudi Arabia
     

    “We’d be crazy to limit ourselves to a handful of bankers when we can see oil prices are going to sustain the Saudi economy for the foreseeable future,” Rory Gilbert, the head of Middle East and North Africa at London-based Barclays’s wealth management unit, said in an interview this week in Dubai. “In four or […]

     

MUST-READS

  • Saudi Arabia hosts Arab consultative meeting on Gaza

    facebook sharing buttontwitter sharing buttonreddit sharing buttonwhatsapp sharing buttonemail sharing buttonsharethis sharing button Saudi Arabia yesterday hosted an Arab Consultative Meeting to address the dire situation in the Gaza Strip, where Palestinians have suffered under more than 125 days of Israel’s genocidal bombing campaign. Attended by Saudi Foreign Minister Prince Faisal Bin Farhan Bin Abdullah and his counterparts from Egypt, Qatar, Jordan, and the UAE, the meeting also included the Secretary of the Executive Committee of the Palestine Liberation Organisation (PLO), Hussein Al-Sheikh. Earlier in the day, the Jordanian Foreign Ministry said: “Deputy Prime Minister and Foreign Minister Ayman Safadi is participating on Thursday in the Arab ministerial consultative meeting hosted by the Saudi Foreign Minister Faisal Bin Farhan in Riyadh to discuss the developments of the Israeli war in the Gaza Strip.”

  • Unless Biden exerts real pressure on Israel, Saudi Arabia will not normalize relations

    The administration’s inability to move Benjamin Netanyahu to focus on hostage release rather than indefinitely prolonging the four-month-old war, outlining a future for Gaza and curbing his extremist ministers’ more outlandish statements regarding that future — or, better yet, just firing them — has increasingly frustrated Riyadh.

  • Saudi Arabia announces successful bidders for 3.7GW solar projects

    The Saudi Power Procurement Company (SPPC) has unveiled the qualified bidders for the fifth round of 3.7GW solar projects under the National Renewable Energy Programme (NREP) in Saudi Arabia, including several major renewables developers. In an announcement published by the Saudi Press Agency, the SPPC announced that Masdar, EDF Renouvelables, Itochu Corporation, Total Energies Renewables, and Saudi Electricity Company were among the companies that won bids.

  • Saudi Arabia poised for new Aramco share sale -sources

    Saudi Arabia is poised to sell more shares of energy giant Aramco, three people familiar with the matter said, which could boost the country's funding and its aim to wean the economy away from oil. The government has lined up Citigroup, Goldman Sachs and HSBC for the sale, one of the people said, which could take place in the second or third quarter of this year, a second person said. The share sale could raise about $20 billion, according to Bloomberg, which first reported the news.

  • From robots to gliding bombs, Saudi Arabia showcases growing domestic defence trade

    “Even for college now we have new different streams for women, developing their talents and making them ready to work in the military industry,” Khawlah Alshmmari, vice president of human resources at the National Company for Mechanical Systems, told The National. NCMS has a large stand at the expo, showcasing everything from the high-tech weaponry – the unmanned armoured vehicle turret the Moreb 30, which can carry 30mm or 40mm canons that rapidly fire explosive shells – to less advanced but essential items including artillery shells currently in a large global demand.

  • Rystad Energy Analyzes Saudi Arabia’s Pause in Oil Capacity Expansion Amid Market Uncertainty: Implications for Offshore Projects and Supply Stability

    Saudi Aramco’s focus on offshore oil and gas expansion projects, including the Dammam and Berri, Marjan, and Zuluf developments, underscores its commitment to meeting production targets. However, the revised mandate necessitates a reevaluation of future investments, with potential implications for projects like Safaniya and Manifa. The decision also has implications for the composition of Saudi Arabia’s oil mix, as increased offshore volumes are expected to lead to a greater share of heavy grades. This shift underscores the importance of offshore expansion to maintain the country’s overall production levels.

  • The Race to Make This Dying U.S. Lake the ‘Saudi Arabia of Lithium’

    California’s toxic Salton Sea has enough lithium to make the U.S. self-sufficient in the mineral, which is a key component of rechargeable batteries. WSJ explores the tech being developed to extract it—and what it means for the future of domestic production

  • Exploring the unseen: Desert X AlUla uncovers beauty of Saudi Arabia’s desert canvas

    Contemporary art finds a gallery amid the dunes of Saudi Arabia’s ancient city as Desert X AlUla returns to the Kingdom for its third edition on Friday. Running until March 23, the event will feature 15 commissioned artworks exhibited under the curatorial vision of Maya El Khalil and Marcello Dantas, with artistic direction from Raneem Farsi and Neville Wakefield.

  • The Undertaker Attends Soccer Game In Saudi Arabia, Presents Riyadh Season Cup Trophy

    One WWE Hall of Famer who will definitely not be participating in this evening’s WrestleMania 40 Kickoff press conference is The Undertaker. The Deadman made a surprise appearance in Saudi Arabia earlier today at the soccer game between Al-Hilal and Al-Nassr. The Undertaker presented the winners of the game with the Riyadh Season Cup Trophy. Al-Hilal won the game 2 to 0.

  • NPR: Why Saudi Arabia is building a new city in the desert

    For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. Its ability to influence global oil supply propelled Saudi Arabia to one of the richest countries in the world. The Saudi royal family became important players on the world stage. However, waning dominance in the oil market is forcing the Saudi government to think differently about its reliance on the commodity. Today on the show, we explain Saudi Arabia's fantastical vision for its future and how the government is using its present influence in the oil market to fund it.