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  • Pompeo Leaves Saudi Arabia, Arrives in Turkey
     

    U.S. Secretary of State Mike Pompeo concluded his visit to Saudi Arabia and is now in Turkey to meet with Turkish officials including President Erdogan, according to reports. Pompeo said the government pledged to hold anyone accountable in the disappearance of Saudi journalist Jamal Khashoggi. “[The Saudi government] made a commitment to hold anyone connected […]

     
  • Secretary of State Mike Pompeo Visits Saudi Arabia, Meets with King, Crown Prince
     

    US Secretary of State Mike Pompeo held separate talks with King Salman and Crown Prince Mohammed bin Salman on Tuesday in Riyadh as the situation over missing journalist Jamal Khashoggi continues. According to CNN, Pompeo had a short discussion with King Salman before a longer meeting with Crown Prince Mohammed bin Salman. US State Department spokeswoman Heather […]

     
  • Trump Sends Pompeo to Saudi Arabia after Speaking with King Salman
     

    Saudi Arabia has extended its “appreciation” to the US administration among others for “refraining from jumping to conclusions” in the ongoing investigation in the Jamal Kashoggi case, which has garnered international attention in the last week. “To help clarify recently issued Saudi statement, the Kingdom of Saudi Arabia extends it appreciation to all, including the […]

     
  • Saudi Crown Prince to Visit Kuwait on Saturday for Qatar Talks – Reports
     

    Crown Prince Mohammed Bin Salman will visit Kuwait on Saturday to discuss the Kingdom’s ongoing conflict with Qatar, according to reports. During the visit, Crown Prince Mohammed bin Salman will hold talks with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah, according to the Kuwaiti News Agency via Twitter. Kuwaiti mediation efforts have failed so far to end the crisis […]

     
  • PIF Launches Plans to Build Amaala, a Brand New ‘Ultra-Luxury’ Tourist Destination to Compete with Riviera
     

    Saudi Arabia’s Public Investment Fund (PIF) has announced the launch of Amaala, set to become an uber-luxury destination on the northwestern coast of Saudi Arabia that the Kingdom hopes will compete with the French Riviera for tourism dollars when completed. Amaala is a new 3,800 square kilometer project that aims to create an all-new concept […]

     
  • Saudi National Day Becomes Global Celebration
     

    Buildings in Saudi Arabia and around the world were colored in the Saudi national color of green as millions celebrated the Kingdom’s 88th national day. The Burj Khalifa in the UAE was illuminated with the Saudi flag last night, while the Nasdaq Tower’s electronic billboard in New York’s Times Square was lit up with photos of […]

     
  • Saudi Energy Minister Khalid Al-Falih in Washington Today to Meet with Secretary Perry
     

    Saudi Arabia’s Energy Minister Khalid Al-Falih is in Washington D.C. on Monday to meet with Secretary of Energy Rick Perry, according to a Reuters report which cited a Trump administration official and the Department of Energy. Saudi Arabia has markedly increased oil exports to America in recent months, according to Bloomberg. This weekend, the energy minister […]

     
  • Kingdom of Saudi Arabia Contributes $100 Million for Syria’s Stabilization Efforts: Raqqa and Areas of Northeast Syria Liberated from ISIS
     

    Saudi Arabia has announced that it has contributed $100 million for Global Coalition to Defeat ISIS-supported stabilization projects in areas liberated from ISIS in northeast Syria, the largest Coalition contribution to date for these liberated areas. “This substantial contribution will play a critical role in the Coalition’s efforts to revitalize communities, such as Raqqa, that […]

     
  • Conflicting Reports on PIF Interest in Massive Tesla Stake
     

    Conflicting reports have surfaced on the interest level of Saudi Arabia’s sovereign wealth fund in purchasing a large stake in Tesla, which could enable the electric car company founded by Elon Musk to go private. Saudi Arabia’s Public Investment Fund (PIF) is “working to be part of any investor pool that emerges to take Tesla private,” Bloomberg News […]

     
  • S&P Dow Jones to Upgrade Saudi Stocks to Emerging Market Next Year
     

    Global equity index compiler S&P Dow Jones Indices will upgrade Saudi Arabia’s bourse to emerging market status from a stand-alone market next year, becoming the latest in a series of index firms to promote Riyadh, according to Reuters and a statement released on S&P Dow Jones’ website. S&P Dow Jones will “add major Saudi stocks to […]

     

MUST-READS

  • Will Saudi Arabia join Emirati bid to distance Syria from Iran’s orbit?

    Relations between Bashar Al-Assad and Gulf Arab states continue to get warmer. The Syrian president has been hosted by his Emirati counterpart Sheikh Mohammed bin Zayed Al Nahyan (MbZ) in Abu Dhabi. Meanwhile, Saudi and Syrian security officials have reportedly met to advance a normalization of ties. This follows speculations that Damascus and Riyadh may reopen their embassies next month. The stepping up of Gulf Arab engagement is widely viewed as part of an effort to distance Syria from Iran’s orbit.

  • Where Are Clean Energy Technologies Manufactured?

    When looking at where clean energy technologies and their components are made, one thing is very clear: China dominates the industry. The country, along with the rest of the Asia Pacific region, accounts for approximately 75% of global manufacturing capacity across seven clean energy technologies.

  • How Will the Saudi Arabia-Iran Agreement Affect Lebanon?

    To date, Iran has not officially commented on the potential repercussions of the agreement on Lebanese politics or the current deadlock. However, a few hours after the announcement, Saudi Arabia’s foreign minister, Faisal Bin Farhan, provided the only official statement from a senior Saudi government official. He remarked that Lebanon requires “a Lebanese rapprochement and not an Iranian-Saudi one,” adding that Lebanese politicians must prioritize Lebanon’s interests above all else.

  • Chart: How Long Do Muslims Fast For Ramadan Around the World?

    Because Muslims vow to abstain from eating and drinking during daylight hours, those living further north have to go without food and drink for much longer than their counterparts living closer to the equator or even in the Southern hemisphere which is celebrating Ramadan during winter. Muslims fasting for Ramadan in Oslo theoretically have to do so for almost 16.5 hours, according to website islamicfinder.com. Muslims in Jakarta, Indonesia, fast only for approximately 13 hours and 10 minutes. Finally, Melbourne in the Southern Hemisphere has just under 13 daylight hours depending on the exact day of the Ramadan month.

  • Opinion: Could the Deal Between Iran and Saudi Arabia Be Good for Israel?

    While some think the Iran-Saudi rapprochement signals that there is no chance of a path to Saudi-Israel relations, I believe it is highly likely that given the Saudi's experience and understanding of the Iranian regime, Riyadh will continue to keep its options open vis-a-vis normalizing relations with Israel. The Israeli-Saudi dialogue will continue as it has so far—as an under-the-radar process. Despite renewed relations between them, Saudi Arabia is still very much threatened by Iran and will not drop the Israel card.

  • Will Iraqi lawmakers approve record government spending, deficit?

    After extensive discussions, Iraq’s Council of Ministers has submitted a draft budget law for 2023 to the parliament. The move is the first major legislative effort by the administration of Prime Minister Muhammad Shia’ Al-Sudani, who took office in Oct. 2022. Iraq did not pass a budget last year amid the lengthy government formation process following the Oct. 2021 parliamentary polls. The budget bill provides the Sudani administration with a chance to address pressing concerns about the economy, unemployment, and relations with Erbil.

  • Commentary: A New Order in the Middle East?

    Washington has also been slow to realize that Saudi Arabia sees itself not as a security vassal of the United States but as a regional power capable of playing an independent role in world politics. Riyadh believes that the old paradigm of “U.S. security in exchange for low oil prices”—as one Saudi official put it—is dead.

  • Commentary: A New Order in the Middle East?

    desire is now motivating its cultivation of China. Saudi Arabia’s strategy is intended to guarantee its security. By assembling a broad network of partners, including China, Israel, and the United States, and by improving relations with adversaries such as Iran, Syria, and Turkey, the Saudi regime hopes to shore up its long-term stability.

  • Has Airbus Missed Out on the Saudi Arabia Market?

    The answer to this question is not from the narrowbody perspective. For those that may not remember, back in the Paris Air Show in 2019, SAUDIA placed an order for up to 100 NEO aircraft. This came following an additional order of which 15 of the aircraft would convert into A321XLRs for long-haul travel. From a long-haul perspective, this has effectively been covered by Boeing, so SAUDIA has got its plans now set for 250 aircraft by 2030.

  • Does China’s role in Saudi-Iran rapprochement represent a new order?

    “I think the leadership there believes that this is a very important moment for Saudi Arabia as it emerges ... as a real leader in the world on many issues,” Westphal told CNBC’s Dan Murphy on Tuesday. “A constant struggle with Iran delays that and impedes the progress that they made.”