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Saudi per capita water consumption 91% higher than global average
Per capita water consumption in Saudi Arabia is 91 percent higher than the international average, according to a new report by the country’s Saline Water Conversion Corporation (SWCC). Saudi Arabia is the world’s largest producer of desalinated water, accounting for at least 17 percent of the total world output. The Kingdom has invested nearly $25 […]
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Jadwa September 2012 Saudi Chartbook – Real Economy
Jadwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.” However, Jadwa notes that the “healthy underlying economic momentum remains in place.” Below is a snapshot of […]
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Shoura Council to appoint 30 women
Saudi Arabia is expected to appoint 30 women on the Shoura Council before the consultative body begins its next annual session. “The expectations are that up to 30 women will be appointed to the Shoura,” sources close to the council told Al-Sharq Arabic daily. The newspaper said that talks have already begun with several institutions […]
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The Island of the Arabs
So in 1954 when Aramco’s New York office decided to produce a feature film about Saudi Arabia and the company’s role in the kingdom, they chose Dick Lyford to direct it. The film called Island of the Arabs begins with the early geologists landing in Jubail and then exploring in the desert. While sitting around […]
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Saudis gear up for new academic year
Saudi students, parents and educators are preparing for the new academic year, which begins September 1st. Shaher al-Jeddawi, programme director at a public school in Jeddah, said introducing English language courses in fourth grade is a major step “towards raising the level of education in general”. “The project this year applies to 4,200 schools out […]
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Saudi banks most profitable in Middle East
Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks lead the pack “having a good track record of maintaining strong asset quality and adapting adequate lending practices and underwriting standards,” Sheetal Kothari, research analyst, business and financial services practice, Frost & Sullivan, said. The […]
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Beware the Siren Call of Jihad
There’s a full-court press, likely at the instigation of Saudi Arabia’s government, to discourage would-be jihadis from traveling up to Syria. Saudi Gazette/Okaz report that a wide array of authority figures are warning enthusiastic youths of the potential dangers and about how their brothers and cousins fell into traps in Afghanistan, Chechnya, and Iraq. Usefully, […]
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Saudi Arabia breaks onto contemporary art scene
Saudi Arabia is making its mark on the global contemporary art scene: works by Middle Eastern artists such as Talal Al Zeid and Mohammed Farea are available at Lam Art Gallery in Riyadh, the Empty Quarter photography gallery in Dubai was founded by the Saudi photographer Princess Reem Al-Faisal, while Message/Messenger, a 2010 installation incorporating […]
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42 Amazing Photos of Ramadan 2012
Ramadan, the Islamic month of fasting, will come to a close this weekend with the observation of a festival called Eid al-Fitr. Throughout this ninth month on the Islamic calendar, devout Muslims must abstain from food, drink, and sex from dawn until sunset. The fast, one of the five pillars of Islam, is seen as […]
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For GCC, a Challenge Within Reach: The Gulf Rail Network
Railways have never been the preferred mode of transportation in the Gulf, neither for passengers nor for goods, for geographic reasons and, mostly, due to the affordable prices of fuel for road transportation. But in the next few years, and in order to boost trade, Gulf countries are expected to spend more than $100 billion on rail […]
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Why a Gaza Cease-Fire Is So Elusive
The Biden administration has pledged to keep working with the Qatari and Egyptian mediators to bridge the gaps. But after days of intensive diplomacy in the region, a monthslong effort to end the war in Gaza seems as stuck as ever, as each side clings stubbornly to maximalist demands unacceptable to the other.
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Saudi Arabia holds investment summit in Brazil, plans to invest $15B
Brazil’s energy minister, Alexandre Silveira, told reporters at the FII Institute summit on Wednesday that the Saudi Public Investment Fund (PIF) plans to invest around $15 billion in Brazil. The investments will be made in sectors including green hydrogen, infrastructure and renewable energy, he said, according to Reuters. The sovereign wealth fund did not immediately comment.
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I drove across Saudi Arabia as a solo woman – and what I discovered may surprise you
Why?” asked my puzzled friend when I told him I was planning to drive solo around Saudi Arabia. “Because I can – at last,” is the short answer. My fascination with Arabia began when my Dad gave me the book Arabian Sands about Wilfred Thesiger’s heroic crossing of the Empty Quarter. I went on to study Arabic and travel all over the region, but Saudi always felt closed. Now, you can get a tourist visa online in a matter of minutes and women won the right to drive in 2018. It was time.
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Saudi Scouts Association issues maps for pilgrims
The Saudi Arabian Scouts Association has issued detailed and interactive maps to help pilgrims. The maps include the Mina and Arafat areas, the central area of the Holy Mosque and the Aziziyah neighborhood in Makkah, the entire city of Madinah, the central area of the Prophet’s Mosque, the Al-Naseem neighborhood, and Batha Quraish.
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Hajj begins as more than 1.5 million pilgrims arrive in Saudi Arabia
The annual Hajj pilgrimage officially began on Friday as pilgrims in Saudi Arabia made their way on foot and by bus to Mina, where they will camp at one of the largest tent cities in the world.
The Mina valley, about 5km east of the Grand Mosque in Makkah, is a 250-hectare open space covered by more than 100,000 air-conditioned tents that can accommodate more than 2.6 million people.
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IPOs Proving to Be June’s Blockbuster Attraction in Saudi Arabia
June’s newcomers have scored a full-house of gains on their first trading day. Miahona and Rasan Information Technology Co. both soared 30% — the maximum pop that the Tadawul exchange in Riyadh allows. Saudi Manpower Solutions Co. and Al Taiseer Group Talco Industrial Co. also notched double-digit jumps.
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Saudi wealth fund holding talks to create boxing league
Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the competitive landscape of the sport, people familiar with the matter told Reuters. A handful of leading promoters including Matchroom Boxing and Golden Boy Promotions are involved in the discussions that could result in a deal valuing the new entity between $4-5 billion, one of the people said. PIF wants to create a venture that would bring the main sport's organisers together, in which it would take a minority stake, the person added.
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Saudi Arabia Ecommerce Market Databook 2024 – The Registration of e-Commerce Firms has Grown at a Rapid Rate in 2023 and is Continuing in 2024
The E-commerce market in Saudi Arabia is expected to grow by 10.21% on annual basis to reach US$20.7 billion in 2024, growing steadily over the forecast period, recording a CAGR of 8.53% during 2024-2028. The E-commerce Gross Merchandise Value in Saudi Arabia will increase from US$18.8 billion in 2023 to reach US$28.7 billion by 2028.
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Business boom builds Qatar-Saudi entente as Gulf rift fades
Prince Mohammed's visit to the tiny neighbouring Gulf state in 2021 not only helped bury a bitter political grudge that had rumbled on for three years, it also ignited a rise in Qatar-Saudi business ties that has gathered pace ever since.His SUV tour of the Qatari capital took in a new 10-lane expressway, a futuristic metro and a 90,000-seat World Cup stadium radiant in gold-coloured cladding - exactly the kind of mega projects the Saudi prince is in a hurry to build back home.
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Mysterious New Snake Species Discovered in Saudi Arabia
Researchers have identified a new snake species in the Hejaz region of Saudi Arabia. Named Rhynchocalamus hejazicus, this small snake is notable for its black collar and reddish coloration, which sets it apart from its closest relatives. Additionally, a uniformly black variant of the species, known as the ‘melanistic morphotype,’ has been discovered. Rhynchocalamus hejazicus is prevalent throughout a large area, bridging the distribution gap between the Levant and the coastal regions of Yemen and Oman for the Rhynchocalamus genus.
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