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  • Saudi Aramco Rethinks Global Communications Strategy
     

    Saudi Aramco, the world’s largest oil company, is rethinking its global communications strategy as it undertakes an ambitious corporate transformation. The company is understood to be actively seeking public relations agency support across a wide range of areas, including media relations, internal communications, and event management. The review covers Saudi Aramco’s operations in the Gulf, North […]

     
  • Top-10 ranking in sight for Tadawul
     

    Saudi Arabia’s stock exchange is expected to quickly rank among the world’s 10 most active markets if it opens up to international investors.

     
  • American Public Opposes Israel Striking Iran
     

    A new poll finds that only one in four Americans favors Israel conducting a military strike against Iran’s nuclear program. Seven in ten (69%) favor the US and other major powers continuing to pursue negotiations with Iran, a position that is supported by majorities of Republicans (58%), Democrats (79%) and Independents (67%).

     
  • Jadwa Saudi Chartbook – March 2012 – Banking
     

    Bank deposits rose for the fifth consecutive month in January, with demand deposits accounting for the entire rise to reach almost 60 percent of total bank deposits. Bank excess deposits at SAMA remained very high, giving scope for further lending growth.    

     
  • Jadwa Saudi Chartbook – March 2012 – Trade
     

    According to Jadwa Investment’s March 2012 Chart Book,  “Non-oil exports hit a new all-time high in December owing to greater production of petrochemicals and plastics. Imports also jumped that month and data on letters of credit issued for imports suggest further rises are likely in the months ahead.”  

     
  • What to Know About the TASI Opening
     

    Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time. The initial step toward this action was to give other GCC countries the right to invest […]

     

MUST-READS

  • Saudi pole vaulter Hussain al-Hizam sets sights on on new heights at Olympics

    Hussain al-Hizam clearly remembers the moment he realized that he wanted to be an Olympian. The young Saudi was watching the 2016 Games in Rio de Janeiro on television as Brazilian Thiago Braz sailed over a 6.03-meter bar to claim the pole vault gold and set a new Olympic record in front of a jubilant home crowd.

  • Impact of healthcare investments on Saudi Arabia’s economy

    A country's economic performance is inextricably linked to its population's well-being, since a healthier population results in a more efficient workforce. Recognising this vital relationship, Saudi Arabia has prioritised healthcare reform as part of its ambitious Vision 2030.

  • Yemen’s Houthis threaten Saudi Arabia with aerial footage of key airports

    The media of the military wing of Yemen’s Houthi rebels published a video on Sunday showing aerial drone footage and coordinates of important and prominent airports and ports in Saudi Arabia. The video, titled "Just try it", contained images of King Khalid International Airport in Riyadh, King Abdulaziz International Airport in Jeddah, King Fahd International Airport in Damman as well as the ports in Ras Tanura, Jizan and Jeddah.

  • Saudi Arabia eyes digital banks, 24 IPOs in 2024: FSDP

    The Financial Sector Development Program (FSDP) announced in its annual report for 2023 the plans of Saudi Arabia’s financial institutions for 2024, including the Saudi Central Bank (SAMA) and the Capital Market Authority (CMA).

  • Saudi coffee or Arab coffee: A storm in a coffee cup

    The Consumer Protection Association in Saudi Arabia issued a decision last week which defined referring to Saudi coffee with the name “Arabic coffee” as a “violation” of the law. In the same context The Saudi Ministry of Commerce and Federation of Saudi Chambers also issued calls to all restaurants, cafes and patents in the kingdom to adopt the name “Saudi coffee” instead of “Arabic coffee” while describing the popular hot drink.

  • Rare clash in Najaf puts Sistani, Saudi outreach in focus

    On the face of it, the dispute revolves around remarks made by Muneer Al-Khabbaz a decade ago—ostensibly so upsetting now to Sadr that he has suggested that the Saudi scholar should leave Iraq. Amid speculations about the underlying motives, two theories stand out. On the one hand, given Khabbaz’s close association with Grand Ayatollah Ali Al-Sistani—the supreme religious authority in Najaf—some link the clash to the looming leadership succession at the city’s seminary. Others highlight contention over Saudi Arabia’s recent outreach to Iraq’s Shiites.

  • Wind energy is powering America more than coal for the first time ever

    American energy generation has gotten just a little bit cleaner this year. Data from the Energy Information Administration suggests that wind power is a bigger source of electricity than coal for the first time ever. Data from the agency says that wind was responsible for 47.7 million megawatthours of energy in April, vs. coal’s 37.2 million megawatthours.

  • Saudi Team ‘Falcons’ Achieves First Title in Esports World Cup

    The Saudi Team 'Falcons' won the first title during the Esports World Cup, the most prestigious gaming event globally. In the popular game "Call of Duty: Warzone," the Falcons emerged as champions, earning 1,000 points and securing the top position in the Esports World Cup rankings. The grand final took place at the SEF Arena in Riyadh, with an enthusiastic crowd in attendance. The Falcons delivered an outstanding performance, accumulating 227.9 points to claim the championship title. The Fnatic team secured second place with 217.9 points, while the team of Twisted Minds achieved third place with 179.3 points.

  • Saudi’s latest drug bust: thousands of narcotics tablets, 760 pounds of qat

    Saudi Arabia is a major destination for the amphetamine Captagon, though seizures have decreased recently due to more enforcement in transit countries like Jordan, according to a recent report.

  • PIF to invest near SAR 500 mn in Saudi Re’s capital increase

    PIF closer to a significant minority stake in Saudi Re: The Public Investment Fund (PIF) is set to acquire a 23.1% stake in local ins. player Saudi Re after signing a binding agreement that will see it fully subscribe to a capital increase, according to a disclosure to Tadawul. The signing of the binding agreement follows multiple extensions of an MoU signed between the two parties last October