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Investigating Consumer Awareness of Energy Efficiency in Saudi Arabia
One of Saudi Arabia’s leading national challenges is soaring energy consumption. As one of the world’s largest oil producers, Saudi Arabia keeps domestic energy prices low through subsidies, and as a result the Kingdom is threatened by unrestrained domestic fuel consumption which has increased by more than 30% since 2000. A new research paper by Samar Khan, Hafez […]
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Saudi Arabia Arrests 93 Suspected Members of Daesh, ‘Including at Least 65 Saudi Nationals’
Saudi Arabia has arrested 93 people suspected of belonging to the Sunni Muslim militant group Islamic State, including at least 65 Saudi nationals, according to a Reuters report this morning citing the SPA. The round-up comes as Saudi Arabia intensifies its efforts to crack down against extremism both inside the Kingdom and externally in neighboring […]
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King Salman Relieves Health Minister, Appoints Mohammed bin Abdulmalik bin Abdullah Al Al-Sheikh to the Post
Saudi Arabia’s King Salman has relieved Health Minister Ahmed al-Khatib of his post, according to the SPA, in the second removal of a minister this month in the social services sector. Saudi Arabia’s new Minister of Health, Mohammed bin Abdulmalik bin Abdullah Al Al-Sheikh, will serve on an acting basis, the SPA said. Minister Al-Sheikh replaces Ahmed bin Aqeel […]
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U.S. Treasury, Saudi Arabia Take Joint Action Against Terror Finance
U.S. and Saudi authorities have taken joint action against a group that financed terrorist activities, the U.S. Treasury said in a press release today in a move that a Treasury official said “reflects the strength of U.S. and Saudi cooperation on countering the financing of terrorism.” The U.S. Treasury and Saudi Arabia took steps to “disrupt the […]
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#FocusKSA: 3 Experts Discuss Saudi Intervention in Yemen
Saudi Arabia’s airstrikes against Houthi rebel positions in Yemen as part of Operation “Determination Storm” or “Decisive Storm” is the subject of the latest SUSTG and SUSRIS FocusKSA series of online video discussions. SUSRIS’ Patrick Ryan interviewed three experts for their analysis on the conflict: Dr. Theodore Karasik, Gulf-based regional specialist Prof. David Des Roches, […]
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Video: Saudi Ambassador to the United States Adel Al Jubeir Gives Interview to CNN’s Wolf Blitzer
Saudi Arabia’s Ambassador to the United States Adel al-Jubeir gave an interview to CNN’s Wolf Blitzer yesterday to talk Iran, Yemen, and even the plot by an Iranian agent to kill him at an upscale Washington, D.C. restaurant in 2011. The eloquent and soft-spoken al-Jubeir, who has served as Saudi ambassador to the United States since […]
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Saudi MOH Says MERS Infections, Death Rates Slowing Down
The rate of new Middle East Respiratory Syndrome Coronavirus (MERS-CoV) infections and deaths have slowed down, the Ministry of Health announced on its website, as only two deaths and two new infections were reported during the past week, and six patients fully recovered from the virus and were discharged from hospitals, the Saudi Gazette reported. Saudi […]
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Saudi Arabia’s ‘New Desert Megacity’ KAEC 15% Complete
The BBC’s Sylvia Smith checks in on development at the King Abdullah Economic City north of Jeddah, one of four “megacity” projects envisioned by King Abdullah to be developed in the coming years. At a cost of $100bn, Saudi Arabia’s King Abdullah Economic City (KAEC) is currently only 15% completed. “Peppered with cranes, the city […]
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U.S. Embassy in Riyadh Remains Closed for Third Consecutive Day
The U.S. Embassy in Riyadh was closed a third consecutive day today following the announcement made on Sunday that the Embassy would be closed because of security concerns on Monday and Tuesday, the Embassy said on its twitter account. The @USEmbassyRiyadh and both Consulates in #SaudiArabia have canceled consular services for tomorrow, March 18. — U.S. […]
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Prince Turki al Faisal on Iran Negotiations: “Whatever Comes Out of These Talks, We Will Want the Same”
In an interview with the BBC on Monday, HRH Prince Turki al-Faisal said that Saudi Arabia would seek the same rights that Iran has with respect to enrichment of nuclear fuel. “Iran is a disruptive player in various scenes in the Arab world, and so ending the fear of Iran developing weapons of mass destruction […]
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Saudi Arabia’s PIF is focused on the home advantage
The value of Saudi Arabia’s sovereign wealth fund’s domestic assets under management have doubled year on year in further evidence of a strategy to focus investments in the kingdom. The AuM, referred to in the fund’s annual report as “Saudi sector development (SSD)” increased from 21 percent to 33 percent last year. The investments are focused on “establishing and promoting the growth of high-priority sectors in the Saudi economy”, the report stated.
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Saudi Arabia unveils new agricultural investment opportunities in Makkah region
The Ministry of Environment, Water, and Agriculture (MEWA) has announced four new investment opportunities to develop integrated agricultural cities and a specialized wild seedling facility in the Makkah region. This initiative aligns with MEWA’s broader strategy to enhance food security, promote sustainable agricultural practices, and drive sector growth.
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Saudi Dallah Healthcare to acquire stakes in healthcare firms for $176mln
Saudi Arabia's Dallah Healthcare, which had earlier this year signed MoUs to acquire stakes in two healthcare firms, has entered into a binding share purchase and subscription agreement with Ayyan Investment Co. to acquire its shares for approximately 660 million riyals ($176 million).
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Saudi Arabia’s $1 Trillion Investment Plan Focuses On Clean Energy And Diversification – Report
Saudi Arabia is set to embark on a $1 trillion investment drive across six strategic sectors by 2030, according to a report from Goldman Sachs Research. This ambitious plan, termed a “capex super-cycle,” will allocate approximately 73% of the investment to non-oil sectors, up from an earlier forecast of 66%.
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Key Amendments to the Kingdom of Saudi Arabia Labour Law Announced
The Council of Ministers in the Kingdom of Saudi Arabia (KSA) recently approved a number of amendments to the KSA Labour Law, which will come into effect six months from publication in the KSA Legal Gazette. The amendments to the Labour Law reference revisions to the Implementing Regulations, which also have yet to be published. This LawFlash considers how the key amendments will impact employers and employees once they come into force.
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Saudi fund’s prudence pivot is only half complete
The fund’s 2023 annual report, opens new tab, released on Monday, showed that assets under management rose almost a third last year to $766 billion, with 76% of the total haul invested at home compared with 68% in 2022 and 51% in 2021. The local proportion is probably even higher now, after Saudi transferred 8% of state oil giant Aramco to the PIF earlier this year, helping to swell the fund’s assets to $925 billion.
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Saudi King Salman chairs cabinet meeting, state news agency says
Saudi Arabia's King Salman bin Abdulaziz chaired a cabinet meeting on Tuesday, state media said, for the first time since a royal decree issued by him on Aug. 8 allowing the cabinet to convene in the absence of the king, crown prince or both. Crown Prince Mohammed Bin Salman chaired the Aug. 13 cabinet session.The 88-year-old king of the world's biggest oil exporter, a major U.S. ally in the Middle East, received medical care for lung inflammation in May. Prince Mohammed later postponed an official visit to Japan due to the king's health.
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Michelle Nunn: The Challenges of Gaza’s Humanitarian Crisis
If you are a humanitarian, one way to describe it is that humanitarians are not used to having a kind of wall around the place where they're trying to bring relief, right? Of course, there’s humanitarian access issues in Syria and Yemen, but there is literally a corridor with a very small entry point in which only a small amount of aid can enter. Sometimes you can't get through your tent, or sometimes you can't get through your walkie-talkies, or all manner of things that are considered at different points to be “dual usage.” In other words, people are fearful that they will be utilized for terror. This is a particularly difficult gauntlet for humanitarians to grapple with.
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A $2 Trillion Reckoning Looms as Ports Become Pawns in Geopolitics
Now, both old and new gateways for seaborne commerce— responsible for handling 80% of the world’s $25 trillion in annual merchandise trade—are economic fortresses in the great-power struggles of a multipolar world. Meantime, they’re having to undergo costly and painstaking conversions to digital technologies, automation and green energy with a price tag estimated at €200 billion ($216 billion) a year in new investment, for a total of €2 trillion over the next decade.
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Saudi 2036 Olympics ambitions: long race full of major hurdles
If Saudi Arabia bags the second largest sport mega event in the world, attention will turn to a separate prospective bid for the 2036 Olympics. As such, it can reasonably be assumed that the government delegation’s July 31 visit to Paris also featured efforts to sway the International Olympic Committee (IOC) into agreeing that the Gulf giant is the best place to hold the games in 12 years.
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