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  • Are Saudi Arabia’s plans for a non-oil future too grand?

    In March, the Saudi government transferred 8% of shares in state-owned oil company, Aramco, to the PIF. This means the PIF now holds 16% of Aramco, valued at $2 trillion, making it the fourth-most valuable company in the world. Critics have also pointed to the fact that, even though the PIF manages a portfolio of assets worth $940 billion, it only has about $15 billion in funds.

  • Is This The Beginning Of A Reconciliation Between The U.S. And Saudi Arabia?

    The signing of a 20-year deal for the U.S.’s NextDecade Corporation to sell liquefied natural gas (LNG) to Saudi Arabia’s flagship company, Aramco, could have a significance way beyond the confines of the energy market.The signing of a 20-year deal for the U.S.’s NextDecade Corporation to sell liquefied natural gas (LNG) to Saudi Arabia’s flagship company, Aramco, could have a significance way beyond the confines of the energy market.

  • How Saudi Arabia is surging tourism industry with Visa-Free Entry for 49 countries including USA, Japan, China, Australia ?

    Saudi Arabia offers visa-on-arrival or an eVisa for citizens from 49 countries, mainly focusing on Europe, North America, and parts of Asia. Key countries include the United States, Canada, the United Kingdom, Schengen Area countries (e.g., France, Germany, Italy), Japan, China, Australia, and New Zealand. These visas allow multiple entries and are valid for one year, with each stay lasting up to 90 days.

  • Made in Saudi Arabia; What’s in a Slogan?

    The kingdom has shown greater compatibility with long-term environmental and sustainability goals for the generations to come, one the one hand,and with the intricate dynamics of market investments and global financial ecosystem, on the other. While, at the same time, not losing sight of the current and truly important financial resource of oil. On average, revenues from oil production represented 3% of global gross domestic product (GDP) in recent data by the World Economic Forum (WEF).

  • A US aircraft carrier and its crew have fought Houthi attacks for months. How long can it last?

    At the Pentagon, leaders are wrestling with what has become a thorny but familiar debate. Do they bow to Navy pressure to bring the Eisenhower and the other three warships in its strike group home or heed U.S. Central Command’s plea to keep them there longer? And if they bring them home — what can replace them?

  • Why is Saudi Arabia cutting funding, reducing costs on ambitious projects?

    Over the last few months, employees working for state-backed Saudi companies have been startled by unforeseen cost cuts. It started during the first quarter of 2024 and affected those working in diverse sectors across the kingdom, from the media to the country's ambitious giga projects. Department spendings were significantly reduced, employees were made redundant and managements did everything big and small to save money, causing an atmosphere of tension and uncertainty.  

  • How Saudi Arabia Outbound Travel Surging Tourism In 59 Country With Visa Free Access Including Turkey, Egypt, Kazakhstan And Georgia?

    The Saudi Arabian passport continues to enhance its global presence by granting its holders visa-free access to an impressive list of 59 countries and territories. Currently ranked as the 46th most powerful passport globally, it allows Saudi citizens to travel widely and effortlessly. Additionally, Saudis can visit GCC countries such as Bahrain, Kuwait, Oman, Qatar, and the UAE using just their national ID, streamlining travel within the region.

  • Will buyback scheme convince Iraqis to offload AK-47s, RPGs?

    In a bid to stem widespread armed violence, Iraq’s Ministry of Interior is pushing ahead with a program to encourage Iraqis to register or sell privately-owned weapons. In the latest phase of the four-year program, the government is now offering a buyback mechanism for arms such as rocket-propelled grenades (RPGs) and mortars.

  • Is Normalization between Saudi Arabia and Israel Still Possible?

    “The issue of Israel recognizing a two-state solution is in its own interest. I firmly believe that a two-state solution, that the establishment of a credible Palestinian state, serves not just the interests of the Palestinians and delivers their right to self-determination; it is also in the interest of Israel and delivers the security that Israel needs and deserves.” Unlike Iran and its allies, who explicitly call for Israel’s destruction, the Saudi position upholds the promise of the 2002 Arab Peace Initiative that acknowledges Israel’s right to exist within secure borders but asserts that this can only be achieved through the creation of a viable Palestinian state. This is a view that the Saudis believe reflects the majority position of most Arab and Sunni Muslims.

  • What will it take to make the MENA region a renewable energy powerhouse?

    At a time of rapid growth in renewable energies such as solar and wind, it would be easy to write off the region (as some are doing) as a waning power, both in terms of energy and geopolitics. After all, how good can the outlook be for petrostates in a world focused on moving to net-zero emissions? In our view, the opposite is true: the region is well placed to become not just a major source of renewable energy, but also a central and indispensable player in the global energy transition, uniquely able to balance supply and demand for all types of energy, both hydrocarbons, and renewables.