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Opportunities for Saudi-China Trade: Is Asia the Future for the Kingdom?
As part of the recent visit by Saudi Arabia’s Crown Prince Salman to China, I participated the Saudi-China Investment Forum organized by the Saudi Arabian General Investment Authority (SAGIA). I was honored to receive an invitation to speak, and compared with forums organized inside and out of the Kingdom of Saudi Arabia in 2014, this […]
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President Obama’s Visit to Riyadh: 3 Takeaways from Obama’s Meeting with King Abdullah
President Obama’s recently concluded visit to Riyadh – his second as President – comes at a pivotal time in U.S.-Saudi relations. With the ongoing conflict in Syria and Iran’s nuclear program the big topics discussed between the two leaders, the meeting was an important opportunity for the two old allies to get on the same […]
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Analysis Roundup: President Obama’s Second State Visit to the Kingdom of Saudi Arabia
President Obama’s visit to Saudi Arabia later this week comes at a crucial time in U.S.-Saudi relations and in the context of regional and geopolitical developments.
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High Performance Government and MILE: Delivering on the Promise of eGovernment
In a country with 185% mobile device penetration and some of the highest levels of Web usage in the world, how do Saudi officials deliver on the promise of eGovernment? Dr. Mohammed Mustafa Mahmoud, CEO of the Madinah Institute for Leadership and Entrepreneurship (MILE), says it’s not an easy task, given the high expectations of […]
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Is the Saudi Arabian Economy Productive?
Over the past few years, key macroeconomic indicators point to remarkable breakthroughs by the Saudi Arabian economy. The Kingdom’s economy maintained high GDP growth rates, a budget surplus, growth in the Kingdom’s current account, all while the ratio of public debt to GDP remained minimal. Saudi Arabia’s inflation rate remained low amidst a large influx […]
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Is Saudi Arabia Too Dependent on Management Consultants and Think Tanks?
During the past ten years, major think tanks and global management consulting firms came to different government agencies and ministries in Saudi Arabia to provide them with recommendations and plans in return for huge wages – in the millions of Riyals. This makes me wonder whether these governmental bodies and ministries are managed by those […]
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Saudi Arabia’s Non-Oil Export Figures are Just Numbers on Paper
During the past few weeks, we have heard in statements from Saudi officials that Saudi Arabia’s non-oil exports are increasing. In 2013 alone, the value of Saudi oil exports increased by 6.7%, while non-oil exports increased by 2.4%. From 2003 to 2012, total non-oil exports increased from SAR 350 billion to 1.4 trillion.
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Opinion: Comprehensive Reform of the Labor Market in Saudi Arabia
Besides energy subsidies and the future of energy consumption at the local level, the labor market is considered one of the key variables with respect to the economic future of the kingdom. The labor market should be an integral part of the thinking of government officials when planning at all levels, without exception. The Ministry of […]
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Several Prominent Saudi Voices Continue to Express Discontent with Western Policies toward Iran, Syria
In a hard-hitting New York Times op-ed, Saudi Arabia’s Ambassador to the United Kingdom Prince Mohammed Bin Nawaf Bin Abdulaziz Al Saud wrote that while the Western-Saudi relationship friendship has lasted for decades, Saudi Arabia will pursue its own interests in the Middle East, even if they diverge from those of the Western powers.
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Fahad Nazer: You should go see ‘Wadjda’; but for greater insight into Saudi Arabia don’t miss these BBC documentaries
2013 will be remembered as a seminal year in the history of Saudi filmmaking. Haifaa Al Mansour’s “Wadjda” – the first feature length film shot entirely in Saudi Arabia and directed by a Saudi woman – has received critical acclaim and has even generated Oscar buzz as a possible nominee for best foreign language film. […]
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Lebanon elections: Who are the major winners and losers?
Lebanon's first elections since the country was devastated by its worst-ever economic crisis have unseated household names in Lebanese politics, shifted majority blocs, and yielded a surprising breakthrough for independents. Middle East Eye takes a look at some of the elections' most notable winners and losers.
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Why are sandstorms becoming more common in the Middle East?
From Saudi Arabia to Iraq and Kuwait to Iran, sandstorms have been blanketing the Middle East, causing delays to flights, school closures and thousands to be admitted to hospital with breathing difficulties. The severe weather caused by the strong winds, known as Shamal winds in the Gulf, has led many governments to take proactive measures. These follow warnings from experts that climate change could worsen and lead to more severe weather events in the coming years.
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Emerging market investments are shrinking. How will MENA countries hit FDI targets?
The Goldilocks moment experienced in markets over the past couple of years is subsiding. Geopolitical risk, inflation, and US interest rates are all rising. In addition, two crucial macroeconomic trends will impact the future capital flows to emerging markets. First, globalization policies that have focused overwhelmingly on cost efficiency and rationalization will now focus on resiliency and values-based investments.
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Emerging market investments are shrinking. How will MENA countries hit FDI targets?
A US economic slowdown or a recession couldn’t come at a worse time for emerging markets, particularly those in MENA, where most are fighting chronic unemployment, especially among youth and women, slowing growth, and higher debt levels. Large oil-exporting countries in the Gulf Cooperation Council (GCC)—such as Qatar, Saudi Arabia, and the United Arab Emirates (UAE)—are better positioned given heightened commodity prices. However, their lack of interest rate autonomy given the dollar peg limits their ability to deviate their monetary policy from that of the United States.
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Is Iran’s ‘Bread’ Subsidy Reform a Half-Baked Idea?
The policy that has triggered the protests has been widely reported as a cut to a “bread subsidy” that has suddenly increased the cost of bread and cereal-based products. This is inaccurate. The subsidy that has been eliminated was an exchange rate subsidy. The government had been providing Iranian importers allocations of hard currency below market prices. This policy indirectly subsidised the purchase of wheat and a few other foodstuffs by the importers. It did not directly subsidise the purchase of bread by ordinary people.
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Can Qatar help moderate the Taliban?
Dr. Courtney Freer, a fellow at Emory University, told Amwaj.media that Qatar has served as the “gatekeeper of mediation relations” between the Taliban and the west throughout the past decade via the Afghan group’s political office in Doha. Established in 2013, the office has provided a “neutral venue in a place where you don’t have the same legislation that makes such types of meetings impossible in, for instance, the US,” she explained.
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Saudi Arabia: Remerging as the leader of the Islamic world?
Over the past decade, various undercurrents were swirling in the Muslim world with nations trying to dislodge Saudi Arabia from its ostensible position as the leader of the Islamic world.
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Why did Syria’s Assad pay a surprise visit to Iran?
Syrian President Bashar Al-Assad's recent trip to Tehran is seen by Iranian media and officials as an indicator of the comradery between the two nations. The precise reason for Assad's previously unannounced trip—or why his visit was kept under wraps—remains unclear. However, there are some speculations that Iran could be moving to fill the vacuum left by any Russian withdrawal from Syria as a result of the war in Ukraine.
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Which countries have the most powerful passports?
For the third year in a row, Singapore and Japan have the most powerful passports in the world. According to data from the International Air Transport Association, analyzed by immigration consultants Henley& Partners, citizens of those two nations can travel to 192 of 227 destinations without having to secure a visa. On the bottom of the list—seven places below North Korea—is Afghanistan, where nationals can gain visa-free access to just 26 countries and territories. Several states severed diplomatic ties with the beleaguered country after the Taliban seized power in August.
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Will surging energy prices derail reforms in oil-exporting Middle East?
In March, Iraq’s oil exports were worth just over $11 billion (€10.5 billion), the most the country has earned for oil in a month since 1972. Obviously, Iraq can afford to pay all of its bills this month, and the next. But what does this mean for reforms planned before these price rises? Is there even any point to them anymore?
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