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  • OPEC Gets Jump on Planned Production Cuts, Slashes Output in December
     

    The nations forming the OPEC+ alliance slashed oil production in December, one month before the producer group officially began a fresh round of output cuts agreed to late last year in response to a global supply glut and fears of a worldwide recession, according to CNBC. OPEC’s oil output fell by 751,000 barrels per day, to 31.6 million […]

     
  • Reports: Potential Deal for New Saudi Investment in U.S. Energy Sector
     

    Saudi Arabia is reportedly eyeing an investment in U.S. liquefied natural gas (LNG) in what would mark a “sea change in the energy flows between the U.S. and Saudi Arabia,” the Wall Street Journal reported Tuesday citing unnamed sources. The WSJ reports the “landmark decision” would mark a shift for Saudi Arabia, which in the past has been an energy […]

     
  • Photos of Crown Prince Mohammed bin Salman, Top Saudi Leaders Visiting Remote Northwest Saudi Arabia Go Viral
     

    Photographs of Crown Prince Mohammed bin Salman and some of Saudi Arabia’s top officials visiting some of Saudi Arabia’s most famous mountains in the Northwest region of the country have gone viral on social media. The photos showing casually-dressed Saudi ministers and officials were taken last Summer by royal photographer Bandar Al-Jaloud at Jabal Al-Lawz (Almond Mountain) […]

     
  • Saudi Arabia’s Collections from VAT Double Expectations in 2018; Foreign Investment Rebounds
     

    Foreign investment into the Kingdom and VAT collections both more than doubled in 2018 over the previous year, government officials revealed this week as information regarding the Kingdom’s 2019 budget are published. Reuters reports that the Kingdom saw a rebound in foreign investment into Saudi Arabia in 2018 to 13 billion riyals ($3.5 billion), more than […]

     
  • Looking toward Africa, Saudi Seeks Red Sea Political, Economic Bloc
     

    Saudi Arabia is seeking a political and economic alliance with six countries bordering the Red Sea and the Gulf of Aden in a move aimed at strengthening its interests in the crucial waterway and in Africa, according to reports. Representatives from Egypt, Djibouti, Somalia, Sudan, Yemen and Jordan gathered in Riyadh on Wednesday to discuss the initiative, […]

     
  • Saudi Arabia Braces for More Dangerous Wet Weather
     

    Authorities in Saudi Arabia’s are cautioning that more thunderstorms and wet weather is on its way to several areas across the Kingdom, as locals brace for the potential for additional flooding and other hazards. The country’s General Authority of Meteorology and Environmental Protection warned that heavy winds along with thunder and rain would hit Jazan, […]

     
  • Saudi Arabia’s Public Prosecutor Seeks Death Penalty for 5 Khashoggi Murder Suspects
     

    Saudi Arabia’s public prosecutor is seeking the death penalty for five out of 11 suspects charged in the murder of journalist Jamal Khashoggi, Arab News and other local media report. The public prosecutor, Saud al-Mojeb, has concluded that an intelligence officer ordered Jamal Khashoggi’s murder, and not Crown Prince Mohammed bin Salman. Top aide to the Crown […]

     
  • Oil Prices Rise as Saudi Signals 1m Barrel/Day Cuts to Curb Supply Glut
     

    Oil prices rose on Monday after weeks of losses on oversupply and weak demand forecasts after Saudi Arabia signaled that it would cut supply in order to stabilize the markets. OPEC and its allies signaled a willingness to cut production next year by 1m barrels per day (bpd) on October 2018 levels, according to reports. That would […]

     
  • Crown Prince Mohammed bin Salman Launches Project for First Nuclear Plant in Saudi Arabia
     

    Saudi’s crown prince on Monday launched a project to build the first nuclear research reactor in the kingdom, Reuters reports, citing the Saudi Press Agency. The project is one of seven “cutting edge ventures” in the fields of renewable energy, atomic energy, water desalination, genetic medicine and aircraft design that were inaugurated by the crown […]

     
  • Saudi Arabia Adjusts National Transformation Plan (NTP)
     

    Saudi Arabia has adjusted some targets within its five-year National Transformation Plan (NTP), making changes to metrics on the official document that can be found on the Kingdom’s Vision 2030 website. Bloomberg first reported the changes on November 1, noting that the new document “doesn’t affect major fiscal or energy-related reforms” but nevertheless represents a scaling back of […]

     

MUST-READS

  • Saudi Arabia winger in intensive care after fall

    Saudi Arabia international Fahad Al-Muwallad is in intensive care after falling from a balcony at his apartment in Dubai. The player's club, Al-Shabab, said an accident occurred on Thursday at a home owned by the 30-year-old. Local police confirmed that Al-Muwallad, who has represented his country 78 times, "fell from the balcony of his second-floor home".

  • No Saudi-Israeli normalization without Palestinian state: Prince Turki

    He said the US is keen on the resumption of talks between Israel and Saudi Arabia to strengthen regional security and to forge economic ties, but Riyadh’s position is that “if there’s a Palestinian state that Israel accepts to come (into) existence, then we can talk about normalization with Israel.” The prince added: “Before Oct. 7 … talks not only progressed along those lines, but also the Kingdom invited a Palestinian delegation to come and talk directly to the Americans about what it is that might bring about a Palestinian state.

  • Bon voyage: Retired airplanes take Jeddah to Riyadh road trip

    Stunning images of three retired airplanes mounted atop trailer trucks being transported from Jeddah to Riyadh has created a buzz on social media. From a man enjoying gahwa on a traditional carpet on the side of the road to a group of young children giving the aircraft a salute on its final journey, the images are capturing a new turn in the life of the aircraft. The airplanes, which were retired from Saudia Airlines between 2016 and 2017, were transported under tight security, covering a distance of more than 850 km from Jeddah to Madinah, then to Qassim, and ultimately to Riyadh.

  • How Saudi Arabia’s investment in blue ammonia is helping the global clean energy transition

    The production of blue ammonia involves capturing up to 90 percent of the carbon dioxide emissions generated during its manufacture, thereby significantly reducing its environmental impact. This makes it an attractive alternative to conventional fossil fuels, especially in industries that are difficult to decarbonize, such as shipping, aviation, and heavy manufacturing.

  • Saudi art icon Safeya Binzagr passes away

    The Saudi art world was deeply saddened by the passing of Safeya Binzagr, the celebrated artist often referred to as the "Mona Lisa of Hijaz," on Thursday. Born in 1940 in the heart of Jeddah’s old city Harat Al-Sham, Safeya Binzagr’s early life was intertwined with the rich heritage and traditions of her hometown. The old city’s ambiance and the warmth of its people profoundly influenced her artistic journey. In 1947, Binzagr and her family moved to Egypt, but the memories of Jeddah’s narrow alleys and traditional customs remained deeply ingrained in her.

  • S&P upgrades Saudi Arabia’s outlook to positive on sustained reforms

    S&P Global Ratings has revised Saudi Arabia’s forecast to positive from stable on Friday, reflecting the kingdom’s sustained reforms momentum, strong non-oil growth outlook and economic resilience. The ratings agency said the positive outlook reflects the Saudi government’s potential to bring in more reforms and investments, contributing to the development of non-oil economy. The upgrade also reflects the country’s economic resilience against volatility stemming from the hydrocarbon sector.

  • Saudi Arabia’s bold recycling plan will see it become a world-leader, experts believe

    Saudi Arabia is seeking to make the most of this industry, and in January the Kingdom’s Ministry of Environment announced a comprehensive plan to recycle a significant portion – up to 95 percent – of the country’s waste. This initiative is anticipated to contribute approximately SR120 billion ($31.99 billion) to Saudi Arabia’s gross domestic product, and aims to generate over 100,000 employment opportunities for the Kingdom’s nationals. When fully implemented, the plan will see the recycling of around 100 million tonnes of waste annually, showcasing the nation’s commitment to sustainability.

  • Opinion: Netanyahu Is Playing Into Khamenei’s Hands

    While Khamenei and Nasrallah haven’t backed their retaliation threats with deeds, they are intent on keeping Israel under constant pressure and consumed by wars of attrition. Indeed, wearing Israel down in quagmires that cost it militarily and isolate it politically on the world stage is the core of Iran’s strategy. As Khamenei argued in March, Israel is “suffering a crisis” because the “entry of the Zionist regime in Gaza created a quagmire for it. If it comes out of Gaza today, it will have failed. And if it doesn’t come out, it will also have failed.”

  • Iran’s efforts to reengage with West face new challenges

    For Iran, engagement is more difficult now than ever. Tehran is deeply enmeshed in the Israel-Lebanon conflict. The nuclear deal is in tatters. Sanctions have crippled the economy. And this week, the United States accused Iran of sending ballistic missiles to Russia and imposed new sanctions.

  • How Hamas Uses Brutality to Maintain Power

    But the reality of the war, according to U.S. officials, is that the Israeli military and Hamas carry out questionable acts nearly every day. Many of the reports reviewed by American intelligence analysts involve Israeli actions: military strikes that kill large numbers of civilians, errant attacks on aid convoys or other deadly incidents. But a large number of reports involve Hamas, both its acts of terrorism against hostages and its abuses of Palestinians.

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