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  • Crown Prince Mohammed bin Salman visits Harvard, MIT in Boston
     

    Crown Prince Mohammed bin Salman visited Harvard University and MIT in Boston, Massachusetts over the weekend to tour two of America’s premiere higher education campuses and talk about the importance of research and entrepreneurship to Vision 2030. The visit to Boston is the second stop in a weeks long tour across the United States, his first […]

     
  • State Department Approves $1 Billion in New Military Sales to Saudi Arabia
     

    The State Department approved a possible sale of $670 million in TOW 2B (BGM-71F-Series) missiles to Saudi Arabia, according to a release from the Defense Security Cooperation Agency (DSCA). Together, with a new $300 million sale for spare vehicle parts for the Royal Saudi Land Forces Ordnance Corps, the new deals announced amount to nearly $1 billion. Defense Secretary James Mattis on […]

     
  • Crown Prince Mohammed bin Salman Kicks Off Two Week U.S. Visit Today with Meeting at White House
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Washington, D.C. last night and will kick off a two week, multi-city U.S. tour with a meeting today at the White House. The Saudi embassy in Washington, D.C. issued a release providing further details on the trip, noting that in addition to meeting with President Trump […]

     
  • Shrugging Off Uncertainty, Investors Pour Money into Saudi Arabia with ‘Strong Underlying Fundamentals’
     

    Saudi Arabia is “the hottest emerging market” right now as investors appear to be shrugging off concerns surrounding last year’s crackdown on corruption and with optimism surrounding Vision 2030’s economic and social reforms now coming into effect, CNN Money reports. “Equity funds investing in Saudi Arabia saw net inflows of $110 million between the start […]

     
  • Saudi Arabia, United Kingdom Pledge Billions in Bilateral Trade and Investments
     

    Saudi Arabia and the United Kingdom re-affirmed bi-lateral trade and investment ties on the second day of Crown Prince Mohammed bin Salman’s visit in London with billions in deals eyed in the coming years. Saudi Arabia’s crown prince and the U.K.’s prime minister launched an economic and investment partnership called the U.K.-Saudi Arabia Strategic Partnership […]

     
  • Saudi Crown Prince Mohammed bin Salman Adds Egypt Leg to International Trip
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman will begin a weeks long international tour with a three day visit to Egypt, according to a Reuters report citing confirmation from the office of Egypt’s president Abdel Fattah Al-Sisi. Egypt and Saudi Arabia have enjoyed strong ties since Al-Sisi took power and ousted the Muslim Brotherhood in 2013. […]

     
  • New Life-Sized Camel Sculptures Discovered in Saudi Arabia May Date Back 2,000 Years
     

    Archaeologists from France’s National Center for Scientific Research (CRNS) and their colleagues from the Saudi Commission for Tourism and National Heritage (SCTH) have discovered camelid sculptures “unlike any others in the region” dating back to the first centuries BC or AD, according to a press release from the CRNS. The find sheds new light on the evolution […]

     
  • ACWA Power Wins First Utility-Scale Solar Energy Project in Saudi Arabia
     

    Saudi Arabia has announced that ACWA Power, the Saudi power generation and desalination company, has won the contract for the first utility scale solar power project in Saudi Arabia with a record-breaking tariff of 2.34 US-cents per kilowatt-hour, according to reports. ACWA Power announced the win on its website on Tuesday. “This plant is the first of what […]

     
  • Saudi Aramco CEO Says Company Eying U.S. Expansion
     

    Saudi Aramco’s CEO Amin Nasser said the company was eying expansion in the United States “where President Donald Trump’s tax cuts and support for the oil industry are making business increasingly attractive,” Reuters reports. Nasser also lauded the Trump administration as being friendly toward the oil industry. “The Trump administration has been positive towards the energy […]

     
  • House Speaker Ryan meets Saudi King Salman in Riyadh
     

    U.S. House Speaker Paul Ryan is leading a Congressional delegation to the Middle East, meeting with Saudi King Salman Wednesday in the first regional stop for talks centered on security, the Associated Press reports. The week-long Congressional Delegation (CODEL) trip to the Middle East “will focus on regional stability, the campaign against ISIS and terrorism, […]

     

MUST-READS

  • Saudi Arabia targets $1.7 trillion in tourism infrastructure by 2030

    Official data indicates that as of June 2024, the kingdom has 255 tourism infrastructure projects valued at $1.7 trillion, aligning with its Vision 2030 goal to attract 150 million visitors annually.

  • Unemployment among Saudi citizens falls to 7.1% in Q2

    Unemployment among Saudi citizens continued to decrease in the second quarter, falling to 7.1%, according to government data released on Monday, down from 7.6% in the previous quarter, and from 8.5% in the same period a year earlier. The overall rate of unemployment, which includes expatriate workers, fell to 3.3% in Q2, down from 4.1% in the prior year period, the General Authority for Statistics said.

  • Saudi Arabia stresses need to ‘preserve Lebanon’s sovereignty, territorial integrity’

    Saudi Arabia has stressed “the need to preserve Lebanon’s sovereignty and territorial integrity” amid ongoing Israeli strikes on the country, the Kingdom’s Ministry of Foreign Affairs said in a statement issued on Monday. “The Kingdom of Saudi Arabia is following with great concern the developments taking place in the Republic of Lebanon,” the statement continued, adding that it “affirms its solidarity with the Lebanese people against the repercussions of these events and the need to limit their humanitarian consequences.”

  • Saudi Arabia announces monthly financial support to address humanitarian situation in Gaza

    Saudi Arabia on Sunday announced the provision of monthly financial support to Palestinians to help address the humanitarian situation in the Gaza Strip and its surroundings. The support comes as a continuation of the humanitarian and development aid provided by the Kingdom to the Palestinian people in the past, which amounts to more than $5.3 billion.

  • Saudi FDI dips ahead of looser laws in 2025

    Saudi Arabia received $9.7b of FDI inflows in the first half of 2024, according to data from the Saudi General Authority for Statistics. The kingdom was targeting $29b of FDI inflows by the end of the year, a goal which would require a significant turnaround in the coming months. The data comes ahead of the implementation of updated FDI laws meant to entice foreign investment.

  • Aside from Israel, Lebanon needs to be protected from another enemy: itself

    If Iran, and its militias, fail to respond, it means Israel also wins psychologically yet again. If Hezbollah retaliates as a group, or if any of its followers worldwide acts individually, this would distract global public opinion from the mounting accusations of war crimes committed in Gaza and Lebanon, and allow the Israeli government to repeat, yet again, that it is only defending itself.

  • Is a regional war between Israel and Iran inevitable?

    In terms of its impact on the Arab world, some have compared Nasrallah’s killing to the defeat of Egypt’s Gamal Abdel Nasser in 1967. Nonetheless, since Israel assassinated Nasrallah, the Lebanese organisation has attempted to project continuity, in terms of both its leadership and decades-long armed struggle against Israel. There has also been celebration in north-western Syria’s rebel-controlled Idlib governorate, where much hatred for Hezbollah still exists due to the group’s intense intervention in the Syrian crisis, beginning with the 2013 battle for Qusayr.

  • Iran’s ‘Axis of Resistance’ Outmatched By Israeli Intelligence And Weapons

    Past experiences suggest that Iran’s response will be cautious unless it has confidence that it can catch Israel off guard. That certainly occurred last Oct. 7, when Hamas stormed out of Gaza into southern Israel, killed 1200 Israelis, and took several hundred as hostages. But more recently, the intelligence advantage has been on Israel’s side, as evidenced by the methodical takedown of Hezbollah communications and personnel.

  • Commentary: Hezbollah is not finished yet

    The assassination of Hezbollah secretary general Hassan Nasrallah in Beirut will not diminish the group he once led. The killing demonstrates the counterintuitive notion that eliminating the head of an organisation does not always destroy it. Hezbollah has a bureaucratic set-up, with a robust ideology and communal support. Any armed organisation that benefits from all three tends to survive the death of its leader.

  • Federation of Saudi Chambers to Launch Platform for Entertainment Sector

    The Federation of Saudi Chambers, represented by the National Entertainment Committee, announced plans to launch a unique digital platform for the entertainment sector. The platform will connect private companies with each other to facilitate the provision of their services for entertainment events under one roof so as to enable them to access investment opportunities and link them together to create a connected and vibrant community.