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Why US Shale Oil Is At an Inflection Point
A recent Jadwa Investment report found that there will not be a collapse in shale oil production as a period of sector consolidation, through global integrated oil companies and private equity, ensures that shale oil remains a key player in the global oil market going forward. The report, which follows up on a comprehensive analysis published by […]
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Surge in Use of Stimulant Fuels Concern in Saudi Arabia
The recent arrest of a member of Saudi Arabia’s royal family for attempting to import 2 tons of an illegal drug has dragged Saudi Arabia’s underground drug culture into the spotlight. Use of fenethylline, more commonly known by its commercial name Captagon, is on the rise in Saudi Arabia and especially among the youth. The drug […]
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In Riyadh, Secretary of State John Kerry Meets with King Salman, Top Saudi Officials to Discuss Syria Coordination
Secretary of State John Kerry visited HRH King Salman and top Saudi officials in Riyadh over the weekend to discuss coordination in Syria, according to reports. Reuters reports that the United States and Saudi Arabia agreed to increase support to Syria’s moderate opposition while seeking a political resolution of the four-year conflict, the U.S. State […]
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Prince Abdullah bin Faisal bin Turki Al Saud Named New Ambassador to the United States
Saudi Arabia’s new ambassador to the United States, Prince Abdullah bin Faisal bin Turki Al Saud, has been sworn in by King Salman in a ceremony in Riyadh, according to the SPA and the Royal Embassy of Saudi Arabia. The swearing in ceremony took place at Al-Yamamah Palace in Riyadh for Prince Abdullah bin Faisal, […]
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Saudi Prince Turki al-Faisal Outlines Saudi Foreign Policy Principles, Bids Heartfelt Farewell to Late Brother at AUSPC Keynote
In remarks to attendees at the Arab-US Policymaker’s conference in Washington, D.C. last week, HRH Prince Turki al-Faisal outlined a Saudi foreign policy with three central pillars before paying a heartfelt tribute to his brother, the former foreign minister who passed away earlier this year. The remarks, included below, framed Saudi foreign policy around unity, […]
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America is the Only Country that Taxes Their Citizens on Global Income. Here’s Why That Makes Them Toxic to Foreign Employers.
The United States is the only country to tax the earnings of its citizens abroad. Double-taxation, as it is known, is hurting American interests abroad and making the employment of U.S. citizens a toxic proposition for foreign companies. Writing in the Wall Street Journal, which is behind a paywall and requires subscription, Colleen Graffy assails […]
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New Social Media Study on Saudi Arabia Finds ‘Life for Many Saudis An Ecosystem of Apps’
With Saudi Arabia one of the most active countries in the Middle East on social media, a recent study found that Saudi users change their platform preferences relatively quickly “considering all the changes that have come to them.” “The world of social media has evolved at a prodigious pace where two years seem longer in duration considering […]
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Current and Long-Term Challenges for the Labor Market in Saudi Arabia – Jadwa Investment
A recently released report by Jadwa Investment on the Saudi labor market looks ahead to the potential significant challenges still facing the labor market within Saudi Arabia. “The Saudi Labor Market has undergone significant and dynamic change over the course of the last decade. The labor market is notably segmented and unique challenges are being […]
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Iranian Fighters Among Those Captured So Far in Yemen, According to a Former Saudi Navy Captain and Prince
At a NCUSAR-hosted event on Capitol Hill in Washington yesterday, HRH Navy Captain (Ret.) Prince Sultan bin Khalid Al-Faisal told an audience that Iranians and Hezbollah forces have been captured by Saudi-led coalition forces in Yemen. Barbara Slavin in Al Monitor writes that while Prince Sultan bin Khalid Al-Faisal was not speaking on behalf of the Saudi government, “his […]
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As Putin Ramps Up Attacks in Support of Assad, Saudi Arabia and the Gulf States Eye a Response
Russia’s recent military escalation in support of Syria’s embattled president is placing Riyadh and Moscow on a collision course as regional powers vie to determine the future of in the war-torn country. In the near term, it is expected that Russian air power will “provide desperately needed air support and boost the morale of Syria’s battered […]
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Three takeaways: Familiar feel as Al Hilal fights back to lift Saudi Super Cup
It was a case of new season, same story in Saturday night’s Saudi Super Cup final as Al Hilal showed exactly why it swept to three trophies in 2023-24. The reigning Saudi Pro League champion overcame a 1-0 half-time deficit to beat Cristiano Ronaldo’s Al Nassr 4-1 at Abha’s Prince Sultan bin Abdulaziz Sports City.
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Blinken, Saudi FM discuss Gaza ceasefire, Yemen crisis and Sudan peace talks
US Secretary of State Antony Blinken held a call with Saudi Foreign Minister Prince Faisal bin Farhan on Sunday, focusing on several key issues in the Middle East including efforts to prevent regional escalation and finalize a ceasefire agreement between Israel and Hamas, according to a statement released by the US State Department. During the phone call, Blinken expressed gratitude to Prince Faisal for Saudi Arabia’s efforts to facilitate the flow of humanitarian aid into Gaza, a region currently facing severe shortages due to the ongoing conflict, the statement added.
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Saudi Arabia launches unified employment portal
Saudi Arabia has launched a unified employment portal offering job opportunities spanning across the government and public sectors. The Jadarat platform was unveiled by the Kingdom’s Minister of Human Resources and Social Development, Ahmed Al-Rajhi.
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Civil Defense Warns of Heavy Rains that Will Lash Saudi Arabia This Week
Saudi Arabia’s General Directorate of Civil Defense issued on Sunday a warning about heavy rainfall across parts of the Kingdom, starting Sunday and continuing until Thursday. Residents are urged to avoid valleys and seasonal lakes. The Makkah Region is expected to be hit the hardest, with heavy to moderate rainfall, flash floods, hailstorms, and strong winds that may cause sandstorms in Makkah City and Taif. Neighboring governorates, including Jeddah and Al-Lith, will experience lighter rainfall.
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How Middle East professionals are making bold career moves to boost earnings
Forty-four per cent of regional employees are considering changing employers within the next 12 months, a significant increase compared to the global average of 28 per cent, according to the Middle East Workforce Hopes and Fears Survey 2024 by recruitment agency TASC Outsourcing.
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The Indomitable IRGC
With large swaths of the government and the economy under the control of Iran’s clerical elite and thus beyond politicians’ reach, presidents are able to affect the tone more than the substance of Iranian life. Iran’s is a hybrid system, divided between elected and unelected leaders, and the latter almost always have the upper hand.
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Tourist spending in Saudi Arabia hit new high in 2023
Around 27 million international tourists spent SAR141 billion riyals ($37.6 billion) in Saudi Arabia in 2023, the highest figure yet. The international spending, published on X by the ministry of tourism, was a 44 percent rise on 2022 and compares to the previous high of SAR103.4 billion spent by 17.5 million inbound tourists in 2019, according to government figures.
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Olympic victory of naturalized athlete sparks ‘sportswashing’ debate in Bahrain
Winfred Yavi, a Bahraini runner of Kenyan origin, has bagged the first gold medal for the island nation at the Paris Olympics. The win has sparked mixed reactions among Bahrainis and the wider Arab world. Some view it as highlighting alleged sportswashing by Manama—a term for when sports are used to improve reputations tarnished by issues such as rights abuses. Others point to a claimed trend of naturalization of foreigners in the Gulf Arab monarchy. The latter is a particularly contentious matter in Bahrain, which has long been criticized for stripping indigenous Bahrainis—particularly dissidents—of their nationality.
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Populous releases visuals of Aramco Stadium planned for Saudi World Cup
Global architecture studio Populous has unveiled its plans for Aramco Stadium, a 47,000-seat sports venue in Al Khobar, Saudi Arabia, designed to be "iconic in the football world". Set to host the upcoming 2027 AFC Asian Cup, the building will be defined by a spiralling form intended to evoke waves, in a nod to its position on the coast of the Arabian Gulf. Populous is also developing it to meet the requirements to be a 2034 FIFA World Cup venue.
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Saudi Leadership Congratulates India on Independence Day
India will mark its 75th year of independence on Monday. The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince and Prime Minister, Prince Mohammed bin Salman bin Abdulaziz Al Saud, sent separate cables congratulating Indian President Droupadi Murmu on the anniversary of her country's Independence Day.
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