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As Thaw Continues, Broadcasts by Qatar-based beIN Sports TV Channel Appear on Saudi TVs, Witnesses Say
Qatar-based TV channel beIN Sports was broadcast in Saudi Arabia on Monday after the two countries reconciled this month, ending a rift of more than three years, according to Reuters. The sports channel was barred from broadcasting in Saudi Arabia since mid-2017, when relations between the two countries were suspended, and was even the subject of international litigation between […]
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Oil Set for Weekly Gain, Hits 11-Month High on Announced Saudi Oil Cuts
Oil prices hit 11-month highs and were on track for a weekly gain on Friday, boosted by Saudi Arabia’s pledge to cut output announced this week.
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Declaring Victory over Coronavirus, Saudi Authorities Announce Launch of Covid-19 Vaccination Program
Declaring victory over the coronavirus, Saudi Arabia announced the launch of its Covid-19 vaccination program, a week after approving Pfizer Inc. and BioNTech SE’s vaccine for its citizens. Saudi Arabia recorded only 139 new cases of infection on Sunday, the first time the figure has been under 150 since the pandemic began to take hold […]
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Saudi Prince Turki al-Faisal Offers Harsh Criticism of Israel at the Manama Dialogue Summit
Saudi Arabia’s Prince Turki al-Faisal harshly criticized Israel on Sunday at the Manama Dialogue summit that was remotely attended by Israel’s foreign minister, demonstrating the chasm that still exists between the two nations as reports claim that a deal to establish diplomatic ties may happen soon.
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Saudi Arabia’s Public Investment Fund Eyes Pivot to Domestic Investments in 2021 and Beyond
After investing billions in equities in the United States and elsewhere overseas, Saudi Arabia’s Public Investment Fund (PIF) is turning its focus to domestic investments in the Kingdom in 2021 and beyond, Bloomberg reports, citing comments from Crown Prince Mohammed bin Salman.
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Inaugural Saudi Ladies Invitational Golf Tournament Ends in Thrilling Playoff Win for Denmark’s Emily Kristine Pedersen
Saudi Arabia’s inaugural golf tournament wrapped up on Sunday with a thrilling, come-from-behind win by Denmark’s Emily Kristine Pedersen, who sealed her victory in a playoff hole after trailing the then-leader Georgia Hall by three strokes.
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Saudi Crown Prince Mohammed bin Salman Releases Rare Statement on Economic Reforms, Security
Saudi Arabia’s Crown Prince Mohammed bin Salman released a rare statement on the ongoing economic reforms in Saudi Arabia and took a firm stance against any threats to the Kingdom, as Saudi Arabia battles dual crises in the Coronavirus and lower oil revenue.
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Saudi King Salman, Crown Prince Mohammed bin Salman Congratulate President-Elect Biden, Harris on Election Win
Saudi Arabia’s King Salman bin Abdulaziz and his son Crown Prince Mohammed bin Salman on Sunday congratulated U.S. President-elect Joe Biden and Vice President-elect Kamala Harris on winning the presidential election, the Saudi Press Agency said.
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Saudi Arabia Plans $2 billion Boost for Space Program by 2030
Saudi Arabia is planning an 8 billion riyals ($2.1 billion) boost for its space program, The Saudi Space Commission (SSC), by 2030 under an economic diversification plan that aims to attract foreign investment and create thousands of jobs for young Saudis, Reuters reports.
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In Washington, Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Discusses Regional, Global Issues
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan took part in a virtual appearance yesterday with the Washington Institute for Near East Policy and discussed a range of regional and global issues following the inaugural U.S-Saudi Strategic Dialogue meetings with Secretary of State Mike Pompeo.
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MUST-READS
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Is America’s Balancing Act in the Gulf Sustainable?
As the ongoing dispute between Qatar and Arab countries including Saudi Arabia, Egypt, Bahrain and the United Arab Emirates enters its eighth month, the U.S. has been forced to strike a delicate balance in its dealings with critical allies in the Middle East.
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Perspective: What if the Iran deal was a mistake?
The concessions the U.S. had to make in order to get the agreement were judged at the time as necessary to prevent the worst-case scenario—an Iranian nuclear weapon. But what if what’s happened since is the worst-case scenario?
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Could the UAE and Saudi Arabia sign up for oil-backed cryptocurrency?
Maduro proposed the plan in a meeting with Mohammed Barkindo, secretary general of the Organisation of the Petroleum Exporting Countries (OPEC), on Tuesday. “I will officially send all the OPEC producers a proposal,” Maduro said.
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Will Saudi Arabia’s latest megacity venture deliver on the hype?
On 1 January 2018, the Saudi authorities converted the government-owned oil company Aramco into a joint-stock company, with plans to sell 5% of its shares this year. The move is one of Saudi Arabia’s latest efforts to attract more investments and become less reliant on oil as the main source of state revenue. The sale of Aramco’s shares is also expected to finance a new project announced by Crown Prince Mohammad bin Salman (MBS) in October 2017: Neom.
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Why is Saudi Arabia designating $133 million to cover weight loss surgeries?
In a step to fight obesity in Saudi Arabia, the Saudi Health Insurance Council announced the addition of new benefits to citizens’ standard insurance policy, which will include weight loss surgeries like gastric bypass.
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Commentary: How Important Has Cyber Warfare Become to the States of the Middle East?
The past few years have witnessed a cyber awakening in the Middle East that has been overlooked for too long. Existing political tensions and conflicts in the region have gained an additional arena allowing for a much more rapid escalation.
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Saudi’s Poseidon adventure?
A deal for between four and six P-8A maritime patrol aircraft was reportedly signed during a visit to Saudi Arabia by US President, Donald Trump, and his Secretary of State, Rex Tillerson. Jon Lake reports.
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Has the Ritz-Carlton corruption crackdown achieved its goals?
Most of the detainees have been released but 56 people still remain in custody, with investigations still ongoing — and for some, that includes accusations of additional crimes outside of corruption.
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How much does BDS threaten Israel’s economy?
For those BDS supporters aiming for a political outcome, the theory is that exerting pressure on Israel and on Israelis will make the status quo more costly to them, eventually forcing Israelis to opt for a different reality—either withdrawing from the West Bank or dissolving their own state, depending on the differing aims of the boycotters.
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Analysis: Does Saudi Arabia’s anti-corruption drive scare foreign investors?
First of all, by way of background, all the Arabian Gulf countries, including Saudi Arabia, have an excellent track record when it comes to respecting property rights, especially of foreigners. This is to be contrasted with the performance of many Middle East republics, as well as lots of other emerging economies, where governments have succumbed to the temptation of seizing domestic, foreign-owned assets.
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