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  • Second Missile in a Month Launched from Yemen Intercepted by Saudi Military
     

    For the second time in a month, the Saudi military has intercepted and destroyed a ballistic missile that was launched from Yemen on Thursday. The missile did not cause any casualties and was headed towards the Saudi city of Khamis Mushait on the Kingdom’s southwestern border, according to reports. Yemen’s Iran-backed armed Houthi rebels claimed responsibility for the […]

     
  • Crucial Test for Saudi Arabia, Russia on Oil Output at OPEC Meeting in Vienna
     

    OPEC and Russia are facing a “crucial test” on Thursday at a meeting in Vienna as Saudi Arabia and Russia seek to come to an agreement on oil output. Oil traders are expecting OPEC to announce a nine-month extension to supply caps that are currently due to finish at the end of March 2018, but such […]

     
  • Saudi-Led Coalition Faces Mounting International Criticism of Yemen Blockade
     

    Saudi Arabia is under growing international pressure from the U.N., U.S. Congress and global media outlets to unconditionally lift its blockade of Yemen, amid warnings of a serious deterioration to the already dire humanitarian situation in the war-torn country. In an unusual joint statement from the United Nations, the heads of the World Food Program, Unicef, and […]

     
  • Aramco Set to Invest $300 billion over 10 years in Oil and Gas Projects
     

    While speaking at the ADIPEC Energy Conference in Abu Dhabi, Aramco CEO, Amin Nasser, declared Saudi Aramco’s plans to invest $300 billion over 10 years in upstream oil and gas projects, Reuters reports. Preceding Nasser’s comments, Saudi Aramco announced on November 9 that it had signed eight agreements worth $4.5 billion with a number of […]

     
  • Fitch Ratings Affirms ‘A+’ Outlook for Saudi Arabia as Finance Ministry Pushes Back Date of Deficit Elimination
     

    Fitch Ratings on Thursday affirmed Saudi Arabia’s long-term foreign-currency Issuer Default Rating (IDR) at ‘A+’ with a stable outlook, saying the ratings are “supported by strong fiscal and external balance sheets, including exceptionally high international reserves, low government debt, significant government assets and strong commitment to an ambitious reform agenda.” The Fitch report said central […]

     
  • Despite Progress, WEF Ranks Saudi Poorly on Gender Gap Index
     

    Saudi Arabia was among the lowest-ranked countries on in the World Economic Forum’s Global Gender Gap index, despite recently issuing new rules on women driving and other progress in the Kingdom. Saudi Arabia placed 138th out of 144 countries. The Kingdom’s Vision 2030 economic and social reform plans call for greater participation and empowerment of women in Saudi […]

     
  • What We Know About Neom, Saudi Arabia’s New Planned Mega-City
     

    Saudi Arabia’s new massive planned city, Neom, is set to be the most ambitious undertaking of Saudi Arabia’s ambitious reform plans to-date. Here’s what we know about Neom so far. The new planned city is massive. At 10,000 square miles (26,500 square kilometers), the city extends across the borders of three countries, the first special […]

     
  • Reports: China Offers to Buy 5% of Aramco IPO
     

    Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal to purchase up to 5% of Saudi Aramco, according to an exclusive report in Reuters, in a move that would shelve the Company’s plans to list on international markets in favor of a direct […]

     
  • Saudi Arabia and Russia sign S-400 MOU, with Some Manufacturing in the Kingdom
     

    Saudi Arabia wants to produce a range of Russian military products, including parts for the S-400 air defense system, as part of agreements signed during King Salman’s visit to Russia this week. The agreement to produce military equipment covering the procurement of S-400 long-range air defense systems includes manufacturing part of the system in the Kingdom, […]

     
  • Saudi’s PIF Continues Investment Drive in Kingdom’s Tourism and Hospitality Development
     

    Saudi Arabia’s Public Investment Fund (PIF) is continuing to expand its investment portfolio in Saudi Arabia’s travel, tourism, and leisure infrastructure across different regions of the country as part of the Kingdom’s Vision 2030 economic and social reform plans. The latest such development came in the form of an announcement by the PIF today that it […]

     

MUST-READS

  • World Bank predicts strong economic growth for UAE and Saudi Arabia in 2025

    Saudi Arabia’s economy is projected to remain resilient, with GDP expected to grow by 1.6% this year and accelerate to 4.9% in 2025. Inflation in Saudi Arabia is anticipated to remain stable at 2.1% in 2024 and rise slightly to 2.3% in 2025. Both figures are below the Gulf Cooperation Council (GCC) average, forecasted at 2.2% in 2024 and 2.7% in 2025.

  • Swizz Beatz’s guide to AlUla, Saudi Arabia

    "My relationship with AlUla is like seeing a seed planted in the ground and watching a beautiful flower grow," says Dean, who was among the first invited to watch the construction of the city's massive Maraya performance venue – a mirror-clad behemoth rising out of the desert sands – and eco-friendly luxury accommodation resorts like Our Habitas. "Seeing the vision coming to life in front of my eyes has been magical to watch."

  • Nadal-Alcaraz and Djokovic-Sinner are the Six Kings Slam exhibition matches in Saudi Arabia

    Rafael Nadal starts his pre-retirement farewell tour against Carlos Alcaraz on Thursday at the Six Kings Slam, and Novak Djokovic faces Jannik Sinner at an exhibition event that awards money but no ATP ranking points and is Saudi Arabia’s latest foray into tennis. Riyadh will host the WTA Finals next month to open a three-year deal as the kingdom continues to invest in various sports, despite concerns about LGBTQ+ and women’s rights there raised by Hall of Famers Chris Evert and Martina Navratilova and others.

  • Khashoggi death: Saudi ambassador reveals new details

    Speaking to host Anne McElvoy, the kingdom’s top diplomat in London described the death and dismemberment of Khashoggi as “an awful crime — a stain on our country, not just the government but every Saudi out there,” while firmly denying any complicity by the powerful Saudi monarch.  “A group of people did something pretty horrible,” he told McElvoy. “But this is not what we do. We’ve never done that. There are others in the region who do a lot of that, including Israel.”

  • Saudi Arabia to raise localization rates in 4 health professions effective from April 17, 2025

    This will initially apply to all hospitals and other health facilities in major cities of Riyadh, Makkah, Madinah, Jeddah, Dammam, and Al-Khobar, as well as to large health facilities in other regions, and this will be effective six months after announcement of the decision, from April 17 next year. The second phase will begin one year after the announcement of the decision, effective from October 17, 2025 when Saudization rates will extend to cover all health facilities nationwide.

  • Saudis urge US to suspend weapons to Israel until Gaza aid resumes

    Saudi Arabia’s ambassador to Britain has urged the United States government to deliver on its threat to suspend weapons supplies to Israel unless more humanitarian aid is allowed into Gaza within the next 30 days. In a strongly worded letter to Israel made public this week, Washington issued an ultimatum, warning that restrictions could be imposed on future support for the country unless the growing humanitarian crisis in Gaza is addressed. Speaking to POLITICO’s “Power Play” podcast, Prince Khalid bin Bandar Al Saud said Joe Biden’s administration now had to keep its word, adding: “We have to assume that the Americans mean what they say; it would be a terrible world if they didn’t.

  • Saudi Arabia to localize 4 healthcare jobs

    The Ministry of Human Resources and Social Development, in partnership with the Ministry of Health, decided to raise the Saudization rates for four healthcare jobs in the private sector. These include radiology (65%), medical laboratories (70%), clinical nutrition (80%), and physical therapy (80%).

  • Saudi Arabia plants over 95 million trees since launch of green initiative

    Since the 2021 launch of the Saudi Green Initiative, Saudi Arabia has planted over 95 million trees through the National Afforestation Program and partnerships with government, private sector, and non-profit organizations. These efforts have also rehabilitated over 118,000 hectares of degraded land and protected 4.3 million hectares currently under restoration.

  • Uzbekistan exact revenge on Saudi Arabia to once again show they are Asia’s rising force

    On Saturday, with an impressive 2-0 win over defending champions Saudi Arabia, the Uzbeks advanced to the semi-finals of the ongoing AFC U-23 Asian Cup. In doing so, they kept alive their hopes of a maiden appearance in the men's football tournament at the Olympic Games. Should they beat Indonesia in their next tie and reach the final, they are guaranteed a ticket to Paris.

  • Biden offers both a carrot and a stick to Israel as his term nears an end

    In his final months in office, President Joe Biden is signaling new willingness to use U.S. military assistance to Israel as both a carrot and a stick to influence its high-stakes confrontation with Iran and Iran-backed militant groups. But while the approach increases Washington's involvement in Israeli decision-making just weeks before the US presidential election, it is unclear whether it will help achieve Biden's goals, including preventing a broader regional conflict and getting Israel to address the increasingly dire humanitarian situation in Gaza, experts say.