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Saudi Arabia Ghazal Defies Camels as SUV for Desert Market
Saudi Arabia is venturing into a territory normally reserved for automakers. The kingdom is developing the Ghazal, a sport-utility vehicle for the hazards of the desert, to diversify its economy beyond oil. The SUV, built by King Saud University in Riyadh, is an all-wheel drive vehicle with a rugged carbon-fiber frame aimed at taking on […]
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Sarah Attar Is a Saudi Trailblazer, By Way of the U.S.
One of the first women to compete for Saudi Arabia at the Olympics was born and raised in California. The athletes are Wodjan Ali Seraj Abdulrahim Shahrkhani, who competes in judo, and Sarah Attar, a 19-year-old junior at Pepperdine University and a graduate of Escondido High School in California. Attar, who trains in San Diego, […]
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Living Social
In their pursuit to be where the young consumers are, brands have long identified social media as a crucial place to establish a presence. Where else will you find huge numbers of youngsters highly active and engaged? Results from market research company TNS indicate that 68 percent of MENA youth spend 12 hours per week […]
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Saudi Arabia to Send Olympic Women Athletes for First Time
Saudi Arabia will send female athletes to the Olympic Games for the first time, the International Olympic Committee said, ending a ban by the kingdom where women aren’t allowed to drive. Wodjan Ali Seraj Abdulrahim Shahrkhani will compete in judo at the London Games and Sarah Attar will run the 800 meters. The athletes, who […]
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Saudi Arabia Weighs Annual Budget to Boost Clean Energy
An annual budget for renewables would differ from the feed- in tariffs that Germany, Spain, Italy, France and Britain offered to spur solar and wind power in their nations. Germany was first to introduce the feed-in tariff in 2004 and became the world’s biggest market for solar because of the subsidy, which is paid for […]
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Saudi Arabia wins oil battle against Iran
It seems that the first round in the series of the ferocious battles between Iran and Saudi Arabia, the two giant oil-exporting countries, was settled in favor of the latter. The Kingdom continued to produce oil regardless of the Iranian threats warning the Kingdom against filling the shortage in oil supplies that might result from […]
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Showing Pragmatism, Egypt’s Morsi Looks to Saudi
The first official foreign visit of any newly elected president represents a significant symbolic statement. Knowing this, new leaders choose their first visit very carefully, often selecting a country that is either a major strategic ally or an important trade partner. Nonetheless, the Egyptian government’s announcement that President Mohammed Morsi’s first foreign visit will take […]
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Underground in Arabia
Born and raised in Dhahran, I thought I had seen most of the natural wonders of the Eastern kingdom from the towering dunes of the Rub’ Al Khali to the pristine reefs of the Gulf, so it was a true surprise to read the manuscript for John Pint’s Underground in Arabia. I had visited the […]
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Saudi Aramco to invest in new energy ventures
Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. Saudi Aramco Energy Ventures LLC (SAEV) plans to invest in start-up and high-growth ventures offering new technologies to the upstream and downstream […]
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Al Jubayl Saudi Arabia As Seen From Orbit at Night
The city of Al Jubayl (or Jubail) is located on the coast of Saudi Arabia, along the Persian Gulf. The city has a history extending back more than 7,000 years, but since 1975 it has been associated with the petrochemical, fertilizer, and steel industries. At night, these industrial areas form a brightly lit region (image […]
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Saudi Arabia restricts visit visa holders from entering Makkah during Hajj season
The Saudi Ministry of Interior has announced entry restrictions to Makkah for holders of all types of visit visas from May 23 to June 21, 2024, coinciding with the upcoming Hajj season. The ministry clarified that visit visas do not include authorization to perform Hajj. Visitors currently in Saudi Arabia on visit visas are advised to refrain from traveling to Makkah during this period to avoid penalties under the Kingdom’s regulations. These measures are part of the security and organizational preparations aimed at ensuring the safety and security of authorized pilgrims and allowing them to perform their religious rituals without disruption.
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U.S. concerned about Israel threat to collapse Palestinian economy
Even as it urges greater Israeli restraint in Gaza and the reopening of the Rafah border crossing for humanitarian aid, the United States is expressing growing concern about the potential economic collapse of the Palestinian Authority and the instability that would cause in the West Bank and ultimately Israel, amid threats by an ultra-nationalist Israeli minister to cut off Palestinian banks from the Israeli financial system.
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Saudi anti-corruption agency finds hidden, destroyed evidence in food poisoning cases
Initial investigations into the recent cases of food poisoning reported in Riyadh found that several attempts had been made to conceal or destroy evidence, Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) said in a statement on Thursday.
The investigation suggested potential collusion by a small number of food inspectors who prioritized personal gain over public health and safety, the statement added.
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Fincantieri continues Middle East push with Saudi Arabia subsidiary
The Saudi unit will support the kingdom’s development agenda, focusing on the cruise, defence and offshore sectors and developing more energy-efficient ships, in line with Saudi Arabia’s own stated goal of culling its emissions by 2060. The announcement was made at the margins of an industry conference in Riyadh themed Where Vision Meets Maritime Excellence, attended by Saudi and Italian government officials including Italy’s Deputy Prime Minister and Minister of Foreign Affairs.
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Saudi Arabia spending big for a place on the gaming map
"We don't pause. We don't do neutral," Savvy Games CEO Brian Ward said in a joint interview in Japan with Prince Faisal bin Bandar bin Sultan Al Saud, chair of the Saudi eSports Federation. "It's a good time to be in the market, looking for good teams in studios," said Ward, a former executive at "Call of Duty" maker Activision Blizzard, Electronic Arts and Microsoft.
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Saudi Aramco interested in buying minority stake in Repsol’s renewable unit, Expansion reports
State-controlled oil company Saudi Aramco (2223.SE), opens new tab is interested in buying a minority stake in the renewable unit of Spanish oil company Repsol (REP.MC), opens new tab, newspaper Expansion reported on Friday, citing unidentified market sources.Saudi Aramco has approached Repsol as it is mostly interested in the Spanish company's renewable assets in the U.S. The Saudi giant had not filed a formal offer yet, Expansion said.
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‘Norah,’ Saudi Arabia’s first Cannes Film Festival entry, makes international debut
The Saudi film ‘Norah,’ Saudi Arabia’s maiden entry into the Cannes Film Festival, was screened on Thursday for international audiences for the very first time at the 77th edition of the festival.
The film was screened at Cannes’ prestigious Un Certain Regard, “a certain look,” section – a significant symbol of the Kingdom’s rapidly growing film industry following the lifting of a 35-year-old ban on cinema in 2017.
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Are new agencies meeting Saudi brand needs?
The Saudi Arabian marketing landscape is abuzz with new agencies emerging almost daily, each promising unparalleled creativity to eager brands. Amidst this whirlwind of pitches and presentations, the question arises: are these agencies genuinely addressing the evolving needs of Saudi brands? Campaign Middle East heard from Abdulelah Al Nahari, Business Director at Fuse Integrated. He shed light on what new agencies entering the Saudi market should keep in mind in the early stages of their operations.
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Saudi Arabia’s envoy opens ‘Al-Mangour: Loved and Beloved’ exhibition in US
Princess Reema bint Bandar, Saudi Arabia’s US ambassador, opened the exhibition “Al-Mangour: Loved and Beloved” in Washington on Wednesday. The work by Saudi Arabia artist Ahmad Angawi was presented by the Saudi Embassy and the International Finance Corporation. The exhibition, held at the IFC’s headquarters, showcases the beauty of Al-Mangour, the traditional Hijazi craft that consists of wooden latticework forming a mesh-like screen.
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Saudi Arabia’s non-oil exports rise 3.3 percent to $18.6 billion in Q1 2024
Saudi Arabia’s non-oil exports, including re-exports increased by 3.3 percent in the first quarter (Q1) of 2024, reaching SAR69.8 billion ($18.6 billion) on an annual basis.
According to data from the Saudi Statistics Authority, national non-oil exports excluding re-exports declined by 5.2 percent, while the value of re-exported goods rose by 31.5 percent during the same period.
Commodity exports in Q1 2024 decreased by 5.7 percent compared to Q1 2023, as oil exports fell by 8.3 percent to SAR221.87 billion. The total value of commodity exports stood at SAR291.7 billion ($77.77 billion).
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