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  • Tough Times for the Saudi Property Market, Study Shows
     

    Saudi Arabia’s Real Estate Market was one of only seven worldwide to show annual price declines in 2Q 2018, according to results released by the Knight Frank Global House Price Index as reported in ArabianBusiness.com. The property market in Saudi Arabia saw a 1.3 percent fall in prices in 2Q 2018, compared with a global […]

     
  • The Star-Studded Line-Up of Speakers for October’s Future Investment Initiative (FII)
     

    The Saudi Arabia’s Public Investment Fund (PIF) annual Future Investment Initiative conference has listed an impressive roster of confirmed speakers for the event, taking place on October 23-25 in Riyadh. The second-annual Future Investment Initiative (FII) will be held on October 23-25 in Saudi Arabiaand “serve as a platform to drive expert-led debate, discussion, and partnerships among the […]

     
  • Report: Saudi Arabia Eyes Oil Port in Eastern Yemen near Oman
     

    Saudi Arabia is reportedly eying a new oil port to be built in Yemen’s southeast al-Mahra governorate, near Oman, where Saudi-led coalition troops are present, the energy-focused website oilprice.com reports. Saudi Arabia-based marine construction company Huta Marine has sent a letter to the Saudi ambassador to Yemen in which it thanks the official for the opportunity to […]

     
  • C3 U.S. – Arab Healthcare & Business Summit 2018 Set for Monday September 24th in New York City
     

    The C3 U.S. – Arab Healthcare & Business Summit 2018 will assemble business leaders, policy makers, educators and healthcare professionals from the Arab world and the United States to bolster and promote U.S. and Arab world initiatives that are focused on the most up-to-date healthcare topics including infrastructure, the shift from communicable diseases, the future […]

     
  • Secretary of State Mike Pompeo’s Speaks with Saudi Crown Prince Mohammed bin Salman
     

    Secretary of State Michael R. Pompeo spoke today with Saudi Crown Prince Mohammed bin Salman by phone to discuss several regional issues, according to a statement released by the State Department. Secretary Pompeo “thanked the Crown Prince for Saudi Arabia’s support for northeast Syria’s urgent stabilization needs, its engagement with the Iraqi government, and its […]

     
  • Saudi Ambassador to the US Prince Khalid Bin Salman Visits CENTCOM in Florida
     

    Saudi Ambassador to the United States Prince Khalid bin Salman visited the US Central Command (CENTCOM) headquarters in Tampa, Florida this week to meet with top U.S. military officials and Saudi officers stationed at the facility, Arab News reports. The Ambassador, a former F-15 pilot and tactical intelligence officer in the Royal Saudi Air Force (RSAF), held […]

     
  • Report: Saudi Delegation of Companies Led by Ministry of Economy and Planning Set to Visit New York
     

    The Saudi Ministry of Economy and Planning (MEP) will lead a delegation comprising of a “number of government and private-sector entities and representatives of charitable associations” to the United States to present a review of the country’s progress on sustainable development, according to reports. The delegation will participate in the UN’s High-level Political Forum on […]

     
  • Will Uber and Careem Merge?
     

    San Francisco-based Uber Technologies Inc. and Dubai-based Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, according to reports, in a merger that would create one dominant presence in the market and avoid a potentially costly rivalry. Bloomberg reports that the two companies have discussed a potential merger but the companies have only discussed […]

     
  • Privatization and Vision 2030: Report Looks at Opportunities, Challenges for Saudi Arabia’s Ambitious Plans
     

    A recently released Jadwa Investment report lays out in detail Saudi Arabia’s ambitious privatization plans as part of its Vision 2030 economic and social reform program and identifies opportunities and challenges for decision-makers. The research report, entitled “Privatization and Vision 2030” which was emailed in a note to investors by Jadwa’s head of research Dr. Fahad Alturki, […]

     
  • Report: Trump Requested Saudi Oil Support Before Iran Nuclear Decision
     

    A day before President Trump withdrew from the Iran nuclear deal, one of his senior officials phoned key ally Saudi Arabia to ask the world’s largest oil exporter to help keep prices stable if the decision disrupted supply, Reuters reports. As Reuters reports, although the U.S. and Saudi Arabia are close allies, rarely has the United States put […]

     

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