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  • Rules Issued for Small-Scale Solar Generation in Saudi Arabia
     

    Saudi Arabia has issued a regulatory framework for electricity consumers to operate their own, small-scale solar power generating systems and export unused power to the national grid, according to a Reuters report citing a government statement. The rules will come into force next July 1 and cover small photovoltaic facilities with generating capacity of no more […]

     
  • Saudi Ministry of Justice Approves New Protections for Women in Saudi Arabia
     

    The Saudi Ministry of Justice issued four important decisions and proposals to limit the abuse of women, including raising the age that a woman is allowed to marry to 17 years old, according to a report in the Middle East Monitor that cited the Saudi daily Okaz. The Ministry proposed a rule that “permission to […]

     
  • Saudi Arabia is the World’s Largest Arms Importer, Qatar Third – UK Study
     

    Saudi Arabia is the largest arms importer in the world by total sales amount, with regional rival Qatar surging to third largest importer, according to a data released by the UK’s Ministry of Justice. The report sheds light on the flow of arms, weaponry and military equipment around the world. According to the data, which can be […]

     
  • Recent Economic Data for July 2017 Points to Mixed Picture for Saudi Economy
     

    Growth in Saudi Arabia’s non-oil private sector accelerated in July, albeit at a moderate pace, while the expansion in employment slowed, according to a Reuters report citing a Emirates NBD survey. “The seasonally-adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI) rose to 55.7 last month from 54.3 in June. A level above 50 means business is […]

     
  • Demands from Qatar Modified to ‘Six Broad Principles’
     

    Saudi Arabia and 3 Arab nations leading a boycott of Qatar are no longer insisting it comply with a list of 13 specific demands they tabled last month, according to reports. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt told reporters at the United Nations they now wanted it to accept “six broad principles.” […]

     
  • Step Forward for Women in Saudi Arabia as Physical Education Classes for Girls OKed
     

    Saudi public schools will begin offering physical education for girls in the coming academic year, the education ministry announced on Tuesday, in another step forward for women and girls in the Kingdom. The long-awaited reform was announced by Education Minister Ahmed al-Issa on Tuesday. The announcement said that P.E. for girls would start with the […]

     
  • Oversupply in Oil Markets Continues Downward Pressure on Prices
     

    Global oil markets have entered a period of oversupply, putting downward pressure on prices and eliciting calls for the world’s largest producers like Saudi Arabia to act on top of March 2017 OPEC cuts to reduce the glut. Oil prices fell 3 percent on Friday after data showed U.S. production rose last week just as […]

     
  • Response to Qatar Demands Given Two-Day Deadline Extension
     

    Four Arab states lead by Saudi Arabia agreed to extend until late on Tuesday a deadline for Doha to comply with a list of demands, as U.S. President Donald Trump voiced concern to both sides about the dispute, according to Reuters and other reports. Qatar’s foreign minister said via Twitter that the demands “were meant […]

     
  • Saudi Begins Extended Eid Al-Fitr Holiday as Massive Celebrations Planned
     

    An extended Eid Al-Fitr holiday began in Saudi Arabia and most other Arab countries on Sunday, marking the end of the holy fasting month of Ramadan. Kuwait, Qatar and the United Arab Emirates will also start the holiday on Sunday, but Oman starts the holiday on Monday, according to reports. The timing of Eid can vary […]

     
  • Bechtel Appoints Abdulrahman Al-Ghabban as New Country Manager in Saudi Arabia
     

    Bechtel, a global leader in engineering, procurement, and construction, today announced the appointment of Abdulrahman Al-Ghabban as country manager in Saudi Arabia.  Al-Ghabban will lead Bechtel’s business and operations in the Kingdom. Al-Ghabban said “I am honored to be the first Saudi national to hold the position as country manager for one of the most […]

     

MUST-READS

  • Saudi Arabia, Italy Join Forces to Transform Europe’s Energy Landscape

    Saudi Investment Minister Khalid Al-Falih emphasized Italy’s crucial role in facilitating the export of these energy products to Europe. Speaking at a business conference in Milan, Al-Falih described Italy as a “partner of choice” for delivering green products to the European continent. This collaboration aligns with the European Union’s goal of producing and importing 20 million tonnes of green hydrogen by 2030.  

  • Oman all set to welcome Saudi tourism partners in a major event

    Scheduled to attract 50 Saudi tourism companies and 15 leading media professionals from prominent Saudi outlets, “Marhaba Dhofar” is designed to highlight the rich tourism potential of Dhofar. The event will focus on key attractions such as the “Sarb” season and the region’s winter tourism appeal.

  • Saudi clubs prepare lucrative offer as Salah nears end of Liverpool contract

    Liverpool fans are bracing for a pivotal moment, as Mohamed Salah edges closer to a potential career-defining decision. The Egyptian superstar, integral to Liverpool’s success over the past eight seasons, is reportedly the subject of significant interest from Saudi Arabia’s wealthiest football clubs. With his contract expiring at the end of this season, the prospect of a lucrative offer from the Middle East is looming large.

  • India’s EV maker Wardwizard Innovations to form joint venture in Saudi Arabia

    Indian electric vehicle maker Wardwizard Innovations and Mobility (WARW.BO), opens new tab announced on Friday it received a letter of intent to form a joint venture in Saudi Arabia, aiming to establish an assembly plant and an EV cell plant in the kingdom. The assembly plant will initially focus on producing electric two-wheelers, three-wheelers and four-wheelers, with plans to expand in the future to include electric bus production.

  • FE moves Saudi doubleheader to Jeddah

    Formula E will move its Saudi Arabia doubleheader event from Diriyah to Jeddah for the upcoming 11th season of the all-electric open-wheel series. The anticipated move from Diriyah will see the series use a modified version of the Jeddah Corniche circuit, which has been used by Formula 1 for the Saudi Arabian Grand Prix since 2021.

  • Young Saudi paves way in tech, artificial intelligence

    His internship at Takamul Technologies in 2022 marked a pivotal moment in his career. Tasked with resolving a critical issue on the company’s website, he reduced the load time of the 3D section from a cumbersome 70MB to a lightning-fast 100KB. “This impressive feat earned me a part-time job offer from the CEO, a rare opportunity for an intern,” he said. “It was a confidence boost (to have) my abilities recognized in a professional setting.”

  • Greece and Saudi Arabia in Talks to Avert Massive Oil Spill from Stricken Tanker

    The tanker remains on fire, and with each passing day, the risk of its 1 million barrels of oil spilling into the sea is increasing. Private salvage companies have concluded that the conditions are too dangerous to proceed with towing operations. With the private sector efforts stalled, Greece and Saudi Arabia are now holding talks to explore alternatives. One option being considered is to pump the oil directly out of the ship on-site. Another is to tow the vessel, despite the risks, to a Saudi port, likely Jeddah.

  • Trump edges out Williams for Saudi Arabia title

    World number one Judd Trump won a dramatic final frame on the black to beat Mark Williams and lift the inaugural Saudi Arabia Masters title. The 35-year-old Englishman cleared up with a break of 72 to clinch the final 10-9 after Williams missed a red when 62 ahead. Trump, who was checking flights home at 4-0 down to Wu Yize in his first match of the tournament, claimed £500,000 for winning the first ranking event to be held in Saudi.

  • Construction licenses drive investment surge in Saudi Arabia; Egypt secures 30% of total share in Q2

    Construction permits led Saudi Arabia’s investment licenses in the second quarter of 2024, with 737 issued, representing 27 percent of the total, according to official data. Figures from the Kingdom’s Ministry of Investment quarterly report also revealed that this number represents a 32.1 percent increase compared to the same period last year. Saudi Arabia is aiming to increase foreign direct investment inflows by SR388 billion annually by the end of the decade, contributing 5.7 percent to GDP,  as part of its Vision 2030 economic diversification strategy.

  • Can Saudi Arabia Actually Afford Vision 2030?

    In other words, the suggestion that Saudi Arabia is in trouble because it cannot make the ends of its planned budget meet is accurate—up to a point. The megaprojects can be delayed, as they have been before when the price environment was sub-optimal. Money can also be drawn from international debt markets where Saudi bonds appear to enjoy substantial popularity, not unlike Aramco shares. Oil-dependent economies, it seems, still draw investors in, transition and non-OPEC output growth notwithstanding.