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Video: Saudi Ambassador to the United States Princess Reema on how lack of financial self-sufficiency for women is #Solvable
A new video interview released by the Rockefeller Foundation as part of a series on solvable problems around the world features Saudi Arabia’s new Ambassador to the United States, Princess Reema bint Bandar, discussing the issue of a lack financial literacy for women across the world. “Today more and more women are entering the workplace, […]
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Houthis attack Saudi oilfield with drone, but output ‘unaffected’
Oil prices rose for the second straight day as a drone attack launched by Yemen’s Houthi group on an oilfield in eastern Saudi Arabia on Saturday caused a fire at a gas plant, Reuters reports, but the attack “had no impact on oil production.” Energy Minister and Chairman of Saudi Aramco Khalid Al-Falih said the targeted […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 7: Ar Rajajil—The Stonehenge of Saudi Arabia
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. In the final post of the series of seven, Aramco Expats chose the “Stonehenge of […]
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Houthis Reportedly Attack Dammam in Saudi Arabia, Military Parade in Yemen
Yemen’s Houthi group said on Thursday it had targeted a military site in Dammam, Saudi Arabia with a long-range missile and had launched a drone attack on a military parade in Yemen, which killed 30 people, according to reports. The attack in Dammam, which Houthis claim hit a military base, was not immediately confirmed by Saudi […]
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The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 5: Al-Hasa—’The Grandest Oasis of All’
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. In the fifth installment of the series of seven, Aramco Expats chose Al-Hasa Oasis in […]
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Work to Begin on 400-megawatt Dumat Al Jandal Wind Power Facility in Saudi Arabia
Saudi Arabia will begin producing wind energy at the Dumat Al Jandal site within three years to offset domestic oil consumption and diversify its energy supply, according to reports. Work will begin soon on Dumat Al Jandal, the Kingdom’s first major wind power facility, located in the Al-Jouf province in the north of Saudi Arabia, near the […]
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PIF Acquires Stake in Jasara Program Management Co., Agrees to $10b Loan Terms
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Jasara Program Management Co., a joint venture between Saudi Aramco and Jacobs Engineering Group, three people familiar with the matter told Bloomberg. The PIF acquired 30% of Jasara Program Management Co. from Saudi Aramco and 10% of the joint venture from Jacobs, one of the people told Bloomberg, […]
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‘Expanded Reach’ for SIDF to Mining, Logistics and Energy Projects – Report
Saudi Arabia is reportedly expanding the reach of its $28b Saudi Industrial Development Fund (SIDF) to allow the financing of energy, logistics and mining projects as part of broader efforts to develop the kingdom’s industries. The changes greatly extend the purview of the Saudi Industrial Development Fund, which previously only provided financing to local manufacturing […]
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Princess Reema bint Bandar al-Saud Presents Credentials to President Trump at White House
Saudi Ambassador to the United States Princess Reema bint Bandar Al-Saud presented her credentials to President Trump at the White House on Monday, officially beginning her tenure as the Kingdom’s new top diplomat in Washington. “Presented credentials today at the White House. Conveyed the well wishes of Kingdom’s Leadership. Looking forward to working on strengthening and […]
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Saudi Desalination Plant Struck by Missile from Yemen, U.S. Drone Shot Down – Reports
A Saudi desalination plant was struck by a missile that appeared to come from within Yemen, according to reports. Hours after the statements from U.S. officials, Saudi Arabia confirmed the missile strike, saying it caused no damage or casualties, the Wall Street Journal reports. Shortly after the strike was made apparent, senior U.S. officials met at […]
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MUST-READS
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Will Business Travel Ever Return to Normal?
The end of business travel as we know it might have more to do with the innovations developed to replace it rather than any longstanding fears of contagion (the current Delta variant notwithstanding). Yes, we are talking about Zoom, but also the many other videoconferencing tools that business travelers have adopted in the past 18 months to replicate the interpersonal dynamic as much as possible.
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Analysis: Will Saudi Arabia and Iran Make Peace Over Yemen?
Two archrivals in the Middle East seem to be making surprising progress in rebuilding relations. This could possibly help end the war in Yemen, and prove to be the most dramatic step in a wave of de-escalation in the region. In 2020, negotiations between Saudi Arabia and Iran began quietly with three informal but substantial meetings involving senior security and intelligence officials from Riyadh and Tehran. A fourth round was reportedly held on September 21 at Baghdad international airport, with Iraqi Prime Minister Mustafa Al Kadhimi playing host to the head of Iran’s national Security Council, Ali Shamkhani, and the Saudi Minister of State for Foreign Affairs Adel Al-Jubeir. Afterwards, Saudi Arabia — the more cautious party — designated them official direct talks.
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How much is the clean tech industry worth?
By 2030, in IEA’s net-zero scenario, the size of the global market for clean tech surpasses the value of the oil market, rising from $122 billion to $870 billion. That increase is driven primarily by explosive growth in the market for batteries to store energy for electric vehicles and the electric grid. By 2050, IEA projects, batteries alone could be worth as much as oil will be worth in 2030.
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Rocking down to Electric Avenue? Good luck charging your car
Like the roll out of fibre optic cable for ultra-fast broadband, urban on-street charging using solutions which include lamp post chargers or even wireless, will cost billions. Solutions like Trojan's are expensive because they require grid connections. And because there are not yet enough EV owners to ensure a quick return, they are 75% subsidized by Britain's government.
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How Can Expats Show Foreigners Vaccine Status In Saudi Arabia?
The Department of Civil Aviation said in a statement that “Expats should adopt one of two ways to find out about the vaccine status of foreigners residing in Saudi Arabia.” The first way is for the incoming foreigner to prove their vaccination status through the Tawakalna app. The second way is to show the vaccination report in the country through the ‘Qadoom’ platform.
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‘Do You Know How to Snowboard?’: Saudi Arabia Tries Out for Its First Winter Olympics
While each member of the all-male squad has some winter sports experience, it’s rarely in the discipline they’re looking to qualify in. Some have competed at the school level, but most hit the slopes relatively late in life—and then often just during family vacations abroad.
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Is climate change policy to blame for energy price spikes?
But the global effort to fight climate change is also causing problems. Europe’s wind farms haven’t seen a good breeze in months, and droughts in China and South America have dried up power generation from hydro dams. Meanwhile, surging prices for carbon pollution credits in Europe have made fossil alternatives even more expensive, and Chinese grid operators have come under mounting political pressure to help the country meet its carbon emissions targets by burning less coal.
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A New U.S. Weapons Exports Policy: Transformed or Simply Revamped?
A new Conventional Arms Transfer policy based on human rights could have a major impact on the global arms trade and U.S.-Gulf relations, but questions remain as to whether recent announcements will lead to concrete policy shifts.
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Libya: credible elections – or another failed bid at nation-building?
Libya’s hopes of ending a decade of political chaos with credible elections at the end of this year for a president and new unified parliament have reached a defining moment, with the US insisting the vote should go ahead but some European diplomats fearing divisions are too entrenched for the result ever to be accepted as legitimate.
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India’s startup expansion to Mena: A cause for concern?
Since 2016, more than 50 India-based startups have expanded into the Middle East and North Africa (Mena) by making their UAE debut an entry point to the wider region. Twenty of these were already unicorns when they scaled and included the fintech PayMate, edtech Countingwell, and eyewear online retailer Lenskart.
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