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  • Yemen’s Houthi Rebels Fire Missiles Toward Holy City of Mecca in Saudi Arabia, Coalition Says
     

    Yemen’s Houthi militia launched a ballistic missile toward Mecca on Thursday, the Saudi-led coalition intervening in Yemen’s civil war on behalf of the government said in a statement. Reuters via the Saudi Press Agency (SPA) reports that Coalition forces “destroyed the missile 65 km (40 miles) from the holy city before it could do any […]

     
  • Vision 2030 and Natural Gas
     

    A recently released Jadwa Investment report looks at the role that natural gas will play in Saudi Arabia’s Vision 2030 plan to reform its economy and society. “Saudi Arabia holds the world’s sixth largest proven gas reserves and was the seventh largest producer of gas in 2015. Continued investment in gas has resulted in steadily […]

     
  • Yemen Ceasefire Tested by Missiles, Airstrikes
     

    The 72-hour U.N.-backed truce in Yemen came under duress on Thursday when missiles fired from inside the war-torn country killed two civilians in Saudi Arabia, while a Saudi-led coalition launched air strikes that Iran-allied Houthi fighters said killed three people, according to reports. The U.N.-brokered ceasefire began late on Wednesday, which “brought Sanaa its first night without air strikes in […]

     
  • Saudi Energy and Industry Minister Khalid Al-Falih: Oil Market Wrapping Up ‘Considerable Downturn’
     

    Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih said on Wednesday that oil markets were at the end of a “considerable downturn” and that fundamentals were improving. “Market forces are clearly working after a testing period of sub-$30 oil prices… Oil demand is expanding at a healthy rate despite slower global growth,” Al-Falih said. […]

     
  • U.S. Responds to Missile Strikes from Yemen, Destroys 3 Radar Sites
     

    The U.S. military struck three radar sites in Houthi-controlled territory on Yemen’s Red Sea coast, the Pentagon said in a statement.  The strikes were aimed at preventing future missiles from being launched toward U.S. warships. “These limited self-defense strikes were conducted to protect our personnel, our ships, and our freedom of navigation in this important […]

     
  • News Analysis: In Push for Diversified Economy, Saudis Share in Sacrifice
     

    As part of its ongoing drive to reduce government spending Saudi Arabia announced that it will suspend pay increases for public sector employees and slash Minister-level pay and benefits, sending a message that all Saudis will share in the sacrifice as tries to balance its budget and diversify its economy away from oil.  The decision […]

     
  • Saudi Binladin Group Says Government Resumes Payment of Dues
     

    The Saudi finance ministry has resumed payments to Saudi Binladin Group (SBG), the kingdom’s biggest construction firm, for its work on government projects, according to a Reuters report which cited a local newspaper. The positive news for SBG and its employees comes at a critical time for the company. SBG faced its toughest challenges in the […]

     
  • Event Alert: King of Bahrain, Secretary Kissinger, Gen. David Petraeus Headline C3 Business Summit in New York
     

    Scheduled to take place on the heels of the 71st U.N. General Assembly in New York on September 26 and September 27, the 2016 C3 Business and Healthcare Summit has announced the confirmed participation of His Majesty King Hamad Bin Isa Al Khalifa and The Honorable Dr. Henry Kissinger. This edition of the well-established C3 Summit series will examine ISIS, Brexit, the growing concerns […]

     
  • Senate Votes Down Proposal to Block U.S. Arms Sale to Saudi Arabia
     

    The Senate on Wednesday rejected a bipartisan proposal to block a pending $1.15 billion United States arms sale to Saudi Arabia by a vote of 71-27. The Senate action comes as Congress is considering whether to override an expected presidential veto of the so-called JASTA bill, allowing 9/11 victims’ families to sue the Saudi government. The proposed […]

     
  • Washington Post Editorial: Obama Right to Veto JASTA
     

    An editorial in today’s edition of the Washington Post calls for President Obama to veto the Justice Against Sponsors of Terrorism Act (JASTA) which reduces foreign sovereign immunity by allowing U.S. courts to hear cases involving claims against a foreign state for injuries, death, or damages that occur inside the United States as a result of […]

     

MUST-READS

  • Riyadh Air and foreign airlines: Transforming Saudi Arabia’s global connectivity

    The country’s current network faces a significant absence in direct routes between Riyadh and major global cities. The carrier plans to address this issue. While Saudi Arabia’s national carrier Saudia continues to serve regional destinations from Jeddah, Riyadh Air will provide more direct links between the capital and major international cities.

  • Iran’s intra-generational divide is widening

    Recent research by Dr Mansour Saei, a prominent Iranian communication scholar, unveils a society where parents and children increasingly inhabit parallel universes. The generation born between 1995 and 2010, dubbed Gen Z, is forging an identity that not only diverges from but often collides with the values and expectations of their elders.

  • Secret Documents Show Hamas Tried to Persuade Iran to Join Its Oct. 7 Attack

    Minutes of Hamas’s secret meetings, seized by the Israeli military and obtained by The New York Times, provide a detailed record of the planning for the Oct. 7 terrorist attack, as well as Mr. Sinwar’s determination to persuade Hamas’s allies, Iran and Hezbollah, to join the assault or at least commit to a broader fight with Israel if Hamas staged a surprise cross-border raid.

  • Saudi media ministry launches initiative to showcase diverse lives of residents

    The Global Harmony initiative aims to showcase the diverse lives of residents in the Kingdom, highlighting their professional and family life, social and recreational activities, contributions to the economy, success stories, and cultural integration in Saudi society, according to the Ministry of Media. It will also highlight government and private sector efforts to improve the quality of life in Saudi cities.

  • Al-Jasser: Saudi Arabia spends SR 200 billion out of the planned SR1 trillion to implement National Transport Strategy

    Inaugurating the first edition of the Global Logistics Forum at the King Abdullah Financial Center in Riyadh on Saturday, the minister said that the Kingdom's huge spending on transport and logistics sector has enabled Saudi Arabia to advance 17 places in global rankings on the “Logistics Performance Index” issued by the World Bank, and 14 places on the “Global Connectivity Index” of International Air Transport Association (IATA).

  • Saudi Arabia launches e-karting racing tracks in 6 cities

    Six cities in Saudi Arabia are set to get Hot Wheels e-karting racing tracks. The indoor e-karts will be a venture between Saudi Entertainment Ventures (Seven), part of Qiddiya Investment Company (QIC), and US toy maker Mattel. The Hot Wheels e-karting will be available in entertainment complexes such as Riyadh, Makkah, Taif, Al Madinah, Tabuk, and Jazan. In January, Seven and London-headquartered Formula E announced the building of four Formula E-branded indoor karting venues across the kingdom. These will come up in Riyadh, Jeddah, Dammam and Abha.

  • Saudi reserve celebrates Green List recognition

    The recognition came after a comprehensive assessment of the reserve by IUCN experts, who evaluated its environmental and developmental accomplishments, as well as its community engagement and preservation efforts. The authority has planted 2.4 million native seedlings and 4 tonnes of seeds, including yarrow, artemisia and haloxylon, the Saudi Press Agency reported on Sunday.

  • Conor McGregor says he’s fighting Dan Hooker in Saudi Arabia, Hooker confirms plan

    And in that time, after presumably healing a broken leg he suffered in a second straight TKO loss to Dustin Poirier, McGregor has promised his return seemingly countless times. A fight against Michael Chandler had been presumed for the better part of two years – including a booked headliner that led to the UFC's new all-time gate record, only for McGregor to pull out.

  • Real Estate Transaction Tax will be exempted under 21 circumstances

    The law revealed 21 cases in which real estate transactions are completely exempt from the tax, as the law includes specific exemptions, such as: real estate transactions related to the division of estates or gifts to relatives up to the third degree, and transactions for the purposes of endowments and charitable associations. It aims to combat tax evasion by imposing fines of up to three times of the tax due in the event of manipulation or providing inaccurate information.

  • Saudi Arabia expands cloud seeding for water security

    Ayman Ghulam, CEO of the National Center of Meteorology and general supervisor of the program, stressed that the program is crucial for water security and natural resource sustainability by utilizing global technologies to improve climate conditions and rainfall.  Ghulam noted significant milestones, including the first rain-seeking flight in April 2022, and ongoing research to optimize weather elements in Saudi Arabia, complementing the Saudi and Middle East Green initiatives.