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  • Saudi Defense Minister Prince Salman Visits Pentagon, White House
     

    Saudi Defense Minister Prince Salman bin Abdul Aziz held talks at the Pentagon on Wednesday that focused on the crisis in Syria, hours before a ceasefire deadline was due to expire. The Saudi defense chief later held talks with President Barack Obama in the Oval Office.

     
  • Saudi Arabia & the GCC – post ‘Arab Spring’: Obaid
     

    This week Mr. Nawaf Obaid, former strategic adviser to Prince Turki Al-Faisal, presented a briefing titled, “Saudi Arabia & the GCC in a Post ‘Arab Spring’ Environment” at the Harvard Kennedy School of Government as part of a program examining responses among GCC states to the “Arab Spring” turmoil that started early last year. Obaid […]

     
  • Al-Rabiah moves to push foreign trade and investment
     

    Commerce and Industry Minister Tawfiq Al-Rabiah yesterday opened a major workshop for the development of Saudi commercial attaches as part of the ministry’s efforts to promote trade and investment relations with foreign countries. The workshop attended by top officials from related departments and agencies discussed ways to improve the performance of Saudi commercial attaches abroad […]

     
  • Saudi tops in job creation in GCC
     

    The Gulf region continued to create jobs despite the impact of Arab Spring in 2011 with the regional powerhouse Saudi Arabia topping the list followed by Qatar and Oman, according to a new survey. The oil and gas industry, healthcare and retail sectors enjoyed the largest headcount expansion in 2011, while banking and construction fared the […]

     
  • Chart of the Day: A Short History of 200 Years of Global Energy Use
     

    If you want to tell the story of worldwide energy consumption over the past 200 years, you need three chapters. Chapter 1: The Coal Age. Chapter 2: The Oil Age. Chapter 3: The China Age. In the early days of industrialization, the use of biofuels such as wood declined as the West learned to live […]

     
  • 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 […]

     
  • Graphic: The Rise of Saudi Oil Consumption
     

    Saudi Arabia uses as much oil per person as America, largely to run oil-fired power plants to run domestic air conditioners. And the more of its oil siphoned off for such uses, the less cushion there is in the worlds oil supply. Thats a big problem now but is becoming less of one. America and […]

     
  • 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 […]

     
  • Critical Commercial and Economic Ties: Interview with Jose Fernandez
     

    The 2nd US-Saudi Business Opportunities Forum in Atlanta in December brought together a high level delegation of over 200 Saudi officials and business people with over 1000 Americans to explore the $1 trillion-plus commercial openings available in the coming decade in the Kingdom. The response to the Forum – and what it means for American investment and […]

     
  • 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 […]

     

MUST-READS

  • Neom to tender $8bn community housing PPP deal

    Saudi Arabia’s Neom is preparing to issue the request for proposals (RFP) for a contract to develop the second wave of its public-private partnership (PPP) housing deals for worker accommodation. According to a source familiar with the project, the second-wave community village scheme will include up to 20 villages, each comprising about 10,000 accommodation units. MEED understands the budget for each village could be $400m-$450m, which means the overall project could be worth over $8bn. Each village has a built-up area of 240,000 square metres.

  • Riyadh Art: Transforming Saudi Arabia’s Capital

    But Riyadh Art is more than just visual appeal; it's a force for societal transformation. By fostering inclusivity and nurturing a dynamic creative community, it enriches lives, inspires creative expression, and fuels a vibrant creative economy. As the city's walls come alive with colorful narratives, residents and visitors alike find joy, forging a sense of shared identity and civic pride.

  • Hamas studies new Gaza ceasefire proposal

    Hamas said on Tuesday it would study a new ceasefire proposal in the war with Israel in Gaza, hours after Israeli commandos killed three Palestinian militants in a raid on a hospital in the occupied West Bank. The raid underscored the risk of the Gaza war spreading to other fronts, while Israeli forces fought new battles with Hamas fighters in the Palestinian enclave. Clashes in northern Gaza forced more Palestinian residents to flee to safer areas, and southern parts of the coastal enclave were hit by Israeli air strikes.

  • UN urges reversal of funding pause for Palestinian refugee agency

    U.N. officials urged countries to reconsider a pause in funding for the U.N. agency for Palestinians on Sunday, pledging that any staff found involved in Hamas' attack on Israel would be punished and warning that aid for some two million people in Gaza was at stake. At least nine countries, including top donors the U.S. and Germany, have paused funding for the UNRWA refugee agency after allegations by Israel that a dozen of its 13,000 staff in Gaza were involved in the Oct. 7 rampage.

  • After drone attack on U.S. forces in Jordan, Pentagon sees ‘escalation’ but not ‘widening’ of war

    “I wouldn't say that the conflict is spreading … But this attack was certainly escalatory,” Singh told reporters, adding that Iran “bears responsibility” for Sunday’s attack because of the decision to arm the groups that carried out the attack. But she stopped short of saying Iran played a direct role in planning, directing, or approving the strike.

  • Saudi ambassador ‘disappointed’ over ‘western centric’ criticism of mulled WTA Finals move

    he criticism over moving the Women's Tennis Association Finals to Saudi Arabia represents stereotypical and western-centric views, Saudi ambassador to the United States Reema bint Bandar Al-Saud has said. The debate over hosting the event in the Gulf country has intensified, especially after notable opposition from tennis greats Chris Evert and Martina Navratilova, who expressed opposition in the Washington Post.

  • Messi scores but Inter Miami loses to Saudi Arabian team Al-Hilal in friendly

    The Major League Soccer team is playing two games in the oil-rich kingdom as part of its preseason preparations, but even Messi could not inspire it to victory in Riyadh. While Messi got on the score sheet with a second-half penalty, Malcom came up with the decisive goal to win the match in the 88th. Al-Hilal had been strongly linked with a move for Messi when he left Paris Saint-Germain and became the most sought-after free agent in the sport last year.

  • Saudi Arabia’s Aramco halts plans to increase maximum oil production capacity

    Saudi Arabia’s state-controlled Aramco on Tuesday announced it is pausing plans to raise its crude production capacity from 12 million barrels per day to 13 million barrels per day. In a statement, the world’s largest crude exporter said it had been ordered by the Saudi Ministry of Energy to maintain its Maximum Sustainable Capacity (MSC) at current levels, several years and billions of dollars since it received a directive to boost production capacity to 13 million barrels per day by 2027. Aramco, which went public in 2019, did not disclose the reason behind the ministry’s decision and said it will update its capital spending guidance when its full-year 2023 results are announced in March.

  • Emir of Kuwait to Kick off Official Visit to Saudi Arabia

    Emir of Kuwait Sheikh Meshal al-Ahmad Al Jaber Al Sabah is set to kick off an official visit to Saudi Arabia on Tuesday. Saudi Arabia and Kuwait enjoy close ties between their people and leaderships, which have always sought to deepen these relations. The neighbors also share common views over several issues, including Gulf affairs. The establishment of the Saudi-Kuwaiti coordination council is a reflection of these close ties. Formed in 2018, the council has adopted a moderate political approach and seeks to achieve security and stability for the Saudi and Kuwaiti people.

  • Head of Saudi Arabia’s AlUla cultural development arrested over corruption claims

    The allegations concern events prior to his AlUla appointment in 2017. He is accused of having benefited from contracts given by the King Abdullah City for Atomic and Renewable Energy, a public scientific research fund, to a company he co-owns. The contracts were worth $55m. The source from the anti-corruption authority says that three of his partners have also been arrested, have made confessions and are now awaiting trial.