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  • Growing Domestic Demand threatens Energy Export Position
     

    “As of yet there is no movement on the 75 cents per MMBtu price, but I expect it to rise relatively soon. Energy policymakers in the kingdom have been converging on a price hike agreement. From my discussions with them in October, there appeared to be an emerging consensus that the gas price would more […]

     
  • Living and working in a Saudi Arabian compound
     

    Fiona attended an interview in Dublin which included a short exam paper. “Four months later, my friend and I were saying goodbye to Ireland,” she states. Fiona is based in the Eastern Province of Saudi, in one of Saudi Aramco’s five health care facilities, the Dhahran Health Centre. The oil company’s health care facilities care for […]

     
  • Interview with Thuraya Al-Arrayed, Women Join Shura Council
     

    This month King Abdullah of Saudi Arabia kept his promise and appointed women to the Shura Council for the first time. The council is a non-voting, advisory body. But the inclusion of women is significant. Anchor Marco Werman speaks with Thuraya al-Arrayed, one of the Shura’s new female members.

     
  • Oil Exports, Politics and Propaganda
     

    Last month, the US mainstream media barraged us with simplistic reports about how the US will soon be producing more oil than Saudi Arabia—making America the world’s top producer. Left out of this story was the fact that the math was a bit skewed: the US may end up producing more total hydrocarbons than Saudi […]

     
  • Abu Dhabi Buzzes On Eve of World Future Energy Summit ‘13
     

    World Leaders, Luminaries, Companies and Businessmen Descend on Abu Dhabi For the 6th edition of the World’s Largest Renewable Energy Conference and Exhibition [Abu Dhabi] – This week, world leaders, government officials and delegations, business executives, academics, engineers, scientists and many more will converge for the World Future Energy Summit 2013, part of Abu Dhabi’s […]

     
  • Al-Assaf, Al-Rabiah Headline Important Private Sector Initiative in Riyadh
     

    The high-level meeting, an ambitious private sector initiative, addressed joint Arab action agendas, with 21 proposals of developmental projects discussed. Saudi Finance Minister Ibrahim Al-Assaf and Commerce Minister Tawfig Al Rabiah headlined this important event in Riyadh, which was widely discussed on Social Media sites and in the general media.

     
  • Breakthrough in Saudi Arabia: 30 women named to parliament
     

    King Abdullah Bin Abdul Aziz of Saudi Arabia issued Friday a historic decree allowing women to be members of the kingdom’s previously all-male Shura Council for the first time. The decree amended two article in the council’s statute introducing a 20 percent quota for women in the country’s 150-member Shura Council, and the king appointed […]

     
  • How to create a transmedia hit in the Middle East: C3 Summit:
     

    The distinguished panel of industry leaders walked through a hypothetical case where creative people in the business designed a Middle East based transmedia enterprise and talked through the process of launching and promoting it. They provided an overview of developments in their field in the Middle East and the role of education and creativity in […]

     
  • Saudi Arabia’s ‘golden age of learning’ under King Abdullah
     

    The major barrier in the progress of science in Muslim countries is the absence of a culture based on scientific research. There are no established research strategies, poor institutional support and insufficient integration among science-rich communities. Appointments and promotions in faculties must be based on merit. Muslim countries must create a merit-based structure that fosters […]

     
  • Saudi Arabia’s $220bn spending spree
     

    Even at growth of 3.4 percent, Saudi Arabia’s economy will be the envy of most other large countries. That figure is above the average expected GDP (3 percent) of the G20 nations – of which the kingdom is one – according to Moody’s. And, waiting in the wings, is Saudi Arabia’s vast foreign reserves, which […]

     

MUST-READS

  • Pakistan wins more financing assurances from China, UAE, Saudi IMF official says

    Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a new International Monetary Fund program that go beyond a deal to roll over $12 billion in bilateral loans owed to them by Islamabad, an IMF official said on Thursday. IMF Pakistan Mission Chief Nathan Porter declined to provide details of additional financing amounts committed by the three countries but said they would come on top of the debt rollover.

  • Raytheon Delivers Saudi Arabia’s First AN/TPY-2 Air Defense Radar

    Raytheon has delivered the first AN/TPY-2 air defense radar for Saudi Arabia as part of a $2.3-billion deal signed in 2020. According to the company, the radar is the first in its class to feature a complete Gallium Nitride semiconductor, providing expanded surveillance capacity and greater sensitivity to threats. It offers several key advantages over other radio frequency semiconductors in terms of energy efficiency, weight, and power output.

  • Commentary: In the Gulf as in the US, crises can remove barriers to long-term investment

    The near doubling of US crude oil production to 9.5 million barrels per day from 2010 to 2015 rocked global oil markets. Oil prices were around $140 a barrel in mid-2014, but the surge in supply caused prices to crash to $40. For the Gulf countries, this was an unmitigated disaster, as so much of their economy — and with it their sociopolitical system — depended on high and stable oil prices.

  • S&P Global expects Saudi economy to grow by 1.4% in 2024

    S&P Global Ratings expects the Saudi economy to grow by 1.4% in 2024, compared to its previous forecast of 1.5%. The agency also forecast the economy to expand by 5.3% in 2025, versus earlier estimates of 5.4%. It expects inflation to reach 1.8% in 2024, compared to a previous estimate of 2.1%. In 2025, inflation is expected at 1.6%, down from 2%.

  • Oil price fall pushes Saudi Arabia to look at raising output

    Ole Hansen, head of commodities strategy at Saxo Bank, said the move represented “a major shift in thinking” by Riyadh. “The outlook for slowing demand growth, not least in China, has probably prompted them to accept a lower price tag for crude and, with that, the need to increase production,” he said.

  • Saudi Arabia’s coffee expansion is being driven by homegrown brands

    Since its founding in 2018, Half Million has expanded at an extraordinary pace, now boasting 59 stores across 14 cities in the Kingdom.  Its popularity, driven by strategic branding and a social media-driven marketing campaign, reflects not only the country’s growing appetite for coffee but also a wider trend: the rise of national Saudi brands that understand and cater to local preferences.

  • Opinion: Why Everything Is Suddenly Spiraling for Israel

    This Israeli government, led by Benjamin Netanyahu, wants you and me and every Israeli and all of Israel’s friends — and even enemies — to believe that there was always only one right answer to that question: Invade Gaza, hunt down every Hamas leader and fighter, kill every last one and not be deterred by the civilian casualties, then pummel Hezbollah in Lebanon — and do both without spending time planning an exit strategy for either.

  • CENTCOM and Saudi Arabian Armed Forces Conduct Third Iteration of Red Sands Counter-s UAS Exercise

    Three U.S. Army AH-64 Apaches fly in a holding pattern at Red Sands IEC in the CENTCOM AOR Sept. 23, 2024. (U.S. Army photo by Spc. Dean John Kd De Dios)

  • CENTCOM and Saudi Arabian Armed Forces Conduct Third Iteration of Red Sands Counter-s UAS Exercise

    Three U.S. Army AH-64 Apaches fly in a holding pattern at Red Sands IEC in the CENTCOM AOR Sept. 23, 2024. (U.S. Army photo by Spc. Dean John Kd De Dios)

  • Saudi crown prince announces the launch of Riyadh Non-Profit Foundation

    Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch of the “Riyadh Non-Profit Foundation” and the formation of its board of directors on Thursday. The foundation will be an independent institution and fall under the umbrella of the Royal Commission for Riyadh City, Saudi Press Agency reported. Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch of the “Riyadh Non-Profit Foundation” and the formation of its board of directors on Thursday. The foundation will be an independent institution and fall under the umbrella of the Royal Commission for Riyadh City, Saudi Press Agency reported.