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Saudis Increasing Riyadh Water Supply
With the bulk of Saudi Arabia’s drinking water coming from desalination plants, the country’s sky-rocketing population growth puts enormous demand on water supply. Arab News reports that a new desalination plant in the Eastern Province is gearing up to go online. When it is producing, it will nearly double the amount of water flowing into […]
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Internet in the Middle East Still Short of Its Potential
Last week’s third ArabNet conference for digital entrepreneurs in the MENA region was, by the standard of these things, a modest affair. But nonetheless it showed how the regional digital economy has grown, and how it is poised to take off. As one commentator said: “Jordan for the talent, Lebanon for the creativity, Egypt for […]
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Saudi to maintain oil supply if U.S. draws stocks
Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said. U.S. Secretary of State Hillary Clinton on Saturday in Riyadh sought an assurance from Saudi King Abdullah that the kingdom […]
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Hillary Clinton: Time running out for diplomacy with Iran
U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April. With speculation over a possible U.S. or Israel military attack adding urgency to the next round of discussions […]
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Water Brings Green to Saudi Arabia
Over the last two-and-a-half decades, a series of NASA’s Landsat satellites have captured these pictures of the growing agriculture industry in the northern reaches of the Syrian Desert in Saudi Arabia, not far from Jordan. Farmers use a technique called center-pivot irrigation to bring up water from below the desert floor to grow wheat and […]
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U.S. Might Have More Oil Than Saudi Arabia, But…
People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to be produced if bureaucrats will simply stop blocking development. In fact, in a recent debate between Republican candidates contending for Gabrielle Giffords’ recently vacated House seat, one candidate […]
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Five short stories from World Energy Outlook
The IEA’s World Energy Outlook (WEO) is an annual tradition, the result of much work, data analysis and presentation. A formative volume is produced for all to read and digest, but few of us have the time to do so in the detail required. As such we rely to some extent on IEA presentations and summary documents. […]
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Saudi Arabia will act to lower soaring oil prices
In an op-ed in the Financial Times, Ali Al Naimi writes, “High international oil prices are bad news. Bad for Europe, bad for the US, bad for emerging economies and bad for the world’s poorest nations. A period of prolonged high prices is bad for all oil producing nations, including Saudi Arabia, and they are […]
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“Out in the Blue” Part 9 of Video Series “Distant Arabia”
In this clip excerpted with permission from the documentary The Prize: The Epic Quest for Oil, Money and Power based on the book of the same name by Daniel Yergin, the story of Tom Barger’s first journey to Saudi Arabia is related through his movies and letters. The complete story is told in Barger’s book […]
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GE wins $200mn power plant conversion contract in Saudi Arabia
GE said it has received a contract for nearly $200 million to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Co.’s (SEC) PP10 power plant from simple to combined-cycle operation. The project will add 1,300 MW to the plant’s capacity. “The conversion to combined-cycle operation is […]
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ICC prosecutor seeks arrest warrants for Israel’s Netanyahu and Hamas leaders
The International Criminal Court's prosecutor said on Monday he had requested arrest warrants for Israeli Prime Minister Benjamin Netanyahu, his defence chief and three Hamas leaders over alleged war crimes.ICC prosecutor Karim Khan said in a statement issued after more than seven months of war in Gaza that he had reasonable grounds to believe the five men "bear criminal responsibility" for alleged war crimes and crimes against humanity.
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Israeli troops push into Jabalia, airstrikes kill five in Rafah
Israeli forces thrust deeper into the Jabalia camp in northern Gaza on Tuesday, laying waste to residential districts with tank and air bombardments, residents said, while Israeli air strikes killed at least five people in the southern city of Rafah.Simultaneous Israeli assaults on the northern and southern edges of the Gaza Strip this month have caused a new exodus of hundreds of thousands of people fleeing their homes, and sharply restricted the flow of aid, raising the risk of famine.
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Saudi Arabia signs 2 PPAs for Al Ghat, Wa’ad Al Shamal wind projects
Saudi Power Procurement Co. (principal buyer) and a consortium led by the Japanese Marubeni Co. signed two power purchase agreements (PPAs) for the 600-megawatts (MW) Al Ghat and 500-MW Wa'ad Al Shamal wind farm projects.
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Big Airbus order overshadows Boeing at Riyadh conference
Saudia Group, owner of Saudia airline and budget carrier flyadeal, placed a hefty order for 105 Airbus (AIR.PA), opens new tab narrow-body aircraft on Monday, marking a bounce-back for the European planemaker just months after Boeing had been tipped to win more Saudi business.Ibrahim Al Omar, Saudia Group's director general, described the order for 12 A320neo and 93 A321neo single-aisle aircraft as the largest in the country's history.
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US, Saudis close to deal on defense pact, White House says
The United States and Saudi Arabia are close to a final agreement on a bilateral defense pact after the U.S. national security adviser made significant progress in talks with the Saudis over the weekend, the White House said on Monday.White House national security spokesperson John Kirby said the two sides are "closer than we've ever been" on a bilateral agreement that is now "near final."U.S. and Saudi negotiators are seeking to complete work on a bilateral accord expected to call for formal U.S. guarantees to defend the kingdom as well as Saudi access to more advanced U.S. weaponry, in return for halting Chinese arms purchases and restricting Beijing’s investment in the country.
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IBM makes more AI models open source and lands Saudi Arabia deal
International Business Machines (IBM.N), opens new tab on Tuesday said that it will release a family of artificial intelligence models as open-source software, and that it will help Saudi Arabia train an AI system in Arabic.The Armonk, New York-based company has taken a different approach to making money from AI than some of its rivals such as Microsoft (MSFT.O), opens new tab and others that are tightly guarding their AI models and charging for access to them. Similar to Facebook owner Meta Platforms (META.O), opens new tab, IBM is instead providing open access to the models themselves and on Wednesday opened its "Granite" family of AI models for companies to customize.
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Saudi Arabia launches summer program with mega lineup of events to boost tourism
Saudi Arabia has launched its summer program with a lineup of major events taking place across seven destinations in the Kingdom, the Saudi Tourism Authority announced on Monday, in a bid to boost domestic and regional tourism.
The program will run for four months until the end of September across seven destinations: Aseer, Al Baha, Taif, the Red Sea (a new destination), Jeddah, Riyadh, and AlUla.
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Over 267,000 Hajj pilgrims arrive in Saudi Arabia
A total of 267,657 pilgrims have arrived in Saudi Arabia from all over the world to perform the annual pilgrimage of Hajj until the end of Sunday. The General Directorate of Passports (Jawazat) said on Monday that this figure includes pilgrims who came via Saudi airports, seaports and land entry points. The overwhelming majority of pilgrims came by air.
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Tickets for Saudi Arabia’s first ever UFC fight in Riyadh go on sale
Tickets for the first ever Ultimate Fighting Championship (UFC) fight in Saudi Arabia’s Riyadh are now on sale, the Saudi Press Agency (SPA) reported on Monday. Australian Robert Whittaker and Russian Khamzat Chimaev will face off on June 22 at the Kingdom Arena.
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WTA signs multi-year partnership with Saudi PIF
The Saudi Public Investment Fund (PIF) will become the first-ever naming partner of the WTA's rankings, the two organisations announced on Monday, as part of a multi-year partnership. The announcement marks the PIF's latest foray into tennis, after the men's ATP tour also signed a multi-year "strategic partnership" earlier this year. "Together, we look forward to sharing the journey of our talented players across the season, as we continue to grow the sport, creating more fans of tennis and inspiring more young people to take up the game," WTA Ventures CEO Marina Storti said in a statement.
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