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First Global Entrepreneurship Forum Kicks off in Riyadh, Saudi Arabia as Kingdom Eyes SME Growth
The first Global Business Entrepreneurship Forum (GEF) was held in Riyadh, Saudi Arabia today to bring together top business and startup leaders to the Ritz Carlton Hotel near the Diplomatic Quarter in the Saudi capital. Organized by the Centennial Fund, the GEF’s first event in Riyadh was a chance for entrepreneurs and others in the […]
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Investing in Middle East Healthcare for both Financial and Social Returns
It is no secret that Gulf Cooperation Council (GCC) governments are spending billions of dinars, riyals and dirhams on upgrading their healthcare infrastructure. Local and regional newspapers are filled with stories on newer, bigger and flashier hospital projects. Saudi Arabia’s 2013-2014 budget includes funds for 19 new hospitals in addition to the 102 hospitals currently […]
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Al-Jubeir: ‘Every Time the U.S. and Saudi Arabia Have Come Together, We have Done Wonders for the Region’
In his luncheon keynote remarks to the National Council on US-Arab Relation’s annual policymaker’s forum in Washington, D.C., Saudi Arabia’s Ambassador to the United States Adel al-Jubeir discussed the historical and current status of the Saudi-U.S. relationship and it’s track record of success when facing regional and global challenges. Full video of his remarks can […]
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At Policymakers Event, Prince Turki al-Faisal Takes Aim at Allegations of Saudi Support of Terror
Saudi Arabia’s Prince Turki al-Faisal, Chairman, King Faisal Center for Research and Islamic Studies, Riyadh, Saudi Arabia and former Saudi Arabian Ambassador to the United Kingdom and to the United States of America, delivered sharp criticism of those who put forth unsupported allegations of Saudi financing of extremism abroad, urging them to come forward with […]
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Is the Saudi Health Ministry Failing to Meet Targets?
Saudi Arabia is in danger of failing to meet crucial targets set out in the Kingdom’s ninth development plan for 2010 to 2014, according to a post published in the Saudi Gazette, based on information from the Arabic-language Al-Eqtisadiah. “With only two months left until the end of 2014, the ministry is far from reaching […]
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23rd NCUSAR Policymaker’s Conference Begins Tomorrow in Washington
The National Council‘s 23rd Annual Arab-U.S. Policymakers Conference begins tomorrow, September 28th-29th at the Ronald Reagan Building and International Trade Center in Washington, D.C. Saudis scheduled to speak at the event include HRH Prince Turki Al Faisal, H.E. Dr. Abdullah I. El-Kuwaiz and others. For a full list of speakers and the agenda, click here. You can […]
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Opinion: Teaching Religious Tolerance in Schools
In recent months, much attention has been given to the expanding influence of jihadist groups and religious extremists in the Middle East. The rise of the Islamic State (ISIS) in Iraq has been attributed, in part, to former Prime Minister Maliki’s sectarian policies. The Houthis, a Shiite rebel group in Yemen have occupied Sanaa and […]
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Body of Saudi Student in the USA Abdullah Abdullatif Alkadi Found in California Desert
Saudi students in the USA and others on social media are mourning Abdullah Abdullatif Alkadi, whose body was found in Palm Desert, California alongside a freeway more than a month after he disappeared. The 23 year old California State University, Northridge student was an electrical engineering student on the King Abdullah Scholarship Program. His brother […]
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Taxi Apps Prosper As Women Seek to Cope with Ban Driving – Report
Taxi apps in Saudi Arabia are flourishing in large part due to demand from women unable to drive themselves, according to a Wall Street Journal report. Rory Jones and Ahmed al-Omran note that taxi and ride-sharing businesses are rushing to meet demand in Saudi Arabia, and the services are well-liked by many women who are finding […]
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Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]
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MUST-READS
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What is Iraq’s role at the coming Arab summit in Saudi Arabia?
Iraq will participate in a major regional conference in Saudi Arabia starting on July 15 along with the Gulf Cooperation Council (GCC) member states, Egypt, Jordan, and the US. It follows Iraqi Prime Minister Mustafa Al-Kadhimi’s efforts to improve relations between regional rivals, particularly Iran and Saudi Arabia.
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Are US and Saudi Arabia Allies? The Relationship Under Biden Administration
The Saudis also want a road map for many more decades of US foreign investment and cooperation in a range of sectors. Officials will probably ask for additional military hardware, such as more Patriot anti-missile interceptors to fend off attacks from the Houthis in Yemen and, potentially, Iran. They want diplomatic support to turn a fragile truce in that war into a long-lasting peace. And they seek greater assurances on regional security, particularly given fears that a nuclear-armed Iran is on the horizon.
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Does Turkey have ‘an eye’ on Iraq?
Despite the focus on the PKK, deeper dynamics are also perceived to be at play. Former Iraqi prime minister (2006-14) Nouri Al-Maliki—the long-time head of the State of Law bloc—has gone further and argued that Turkey’s actions are in fact a sign that it is “eyeing” ways to reassert control over territory lost following the break-up of the Ottoman Empire a century ago.
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Libyans are protesting. What can they learn from the events rocking Tunisia?
Tunisia is experiencing one of its most difficult moments since its independence from France in 1956. On July 25, Tunisians will be called to express—through a referendum—their acceptance or rejection of a new constitution proposed by President Kais Saied to seemingly transform the country from a parliamentary system to a presidential one. However, the truth is that Tunisians are being called to express their opinion on whether Saeid’s actions to freeze parliament and rule by decree, undertaken nearly a year ago, constitute a legitimate intervention by the highest institution of the republic or simply a coup d’etat. Saied claims he is attempting to prevent the collapse of the Tunisian state due to the corruption and incompetence of its legislative and executive branches.
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Can Saudi cash injection propel Aston Martin share price?
Saudi Arabia’s Public Investment Fund is in talks with Aston Martin Lagonda (AML) about taking a stake in the UK luxury motor manufacturer. Aston Martin is facing the challenge of funding its next generation of sports cars, and its first push into electric vehicles, the business is saddled with debt and producing no net cash. It’s share price has been down 68% this year and 40% this month. So, can the Saudis bring the Aston Martin share price back to life?
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Investing in Geography: Will the Saudi Bid to Become a Logistics Hub Pay Dividends?
With more than 1,400 miles of coast overlooking two of the busiest global shipping routes and a unique geographic position connecting three continents, Saudi Arabia has placed logistics at the core of its economic diversification agenda.
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Opinion: Biden’s America and MBS’s Saudi Arabia: Is Diplomacy Possible?
Instead of a sweeping rebuke, perhaps an acknowledgement of the heinous crime without the excoriation of the U.S.’ most valuable ally in the Muslim-majority world, would have been more astute. This is a region where memories are measured by the reigns of monarchs and time dates back to the Hijra, the Prophet Mohammed’s divinely ordained decampment from Mecca, in the year 622 of the modern era.
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Can Saudi Aramco Meet Its Oil Production Promises?
Over the last eight weeks or so, there has been frenetic activity inside Aramco to prepare for an output surge. “MSC,” as maximum sustainable capacity is known at the company’s headquarters in Dhahran, has been the key topic of discussion. Company insiders, speaking in private, say it can reach 12 million barrels a day within 30 days and sustain that level for at least 90 days. What about longer? Aramco is simply confident it will prove skeptics like Macron wrong. Have faith, is the message.
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Can Saudi Aramco Meet Its Oil Production Promises?
Aramco, the state-owned Saudi Arabian oil giant, claims it can sustainably pump 12 million barrels a day, well above the kingdom’s OPEC+ August target of 11 million barrels. For the global economy, Saudi spare capacity is the last line of defense against more energy inflation. But apart from a few top company executives and a handful of Saudi royals, no one knows for sure whether Aramco can deliver.
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Saudi Arabia surges toward a post-oil economy. Can its people keep up?
Mr. Hashboul’s career shifts, and the seized opportunities by many like-minded young Saudis, are part and parcel of a wildly ambitious plan by Saudi leadership to transform the economy. After years of false starts, the move away from a reliance on oil is finally in full swing.
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