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Commentary: Saudi Arabia’s Vision 2030, Don’t Miss the Point
While Saudi Arabia’s Vision 2030 was formally endorsed by the Saudi Council of Ministers and published on April 25, 2016, anticipation about the plan had been building for months. McKinsey & Company’s 165-page Moving Saudi Arabia’s Economy Beyond Oil in December 2015 confirmed the depth of the analysis underway within the Saudi government while Deputy […]
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Deputy Crown Prince Mohammed bin Salman Opens Up on Personal History; ‘Vision for the Kingdom of Saudi Arabia’
In his second exclusive and wide-ranging interview with Bloomberg, Saudi Arabia’s deputy crown prince, chair of the Council of Economic and Development Affairs (CEDA), and minister of defense opened up on his rise to power, his initial struggles and ultimate acceptance under the late King Abdullah, and his fondness for Winston Churchill and Sun Tzu’s The […]
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As President Obama Heads to Saudi Arabia, Economic Cooperation and Enhanced Bi-Lateral Security Will be on Agenda
As President Obama heads to Saudi Arabia next week to meet with HRH King Salman and attend a GCC summit, familiar topics as well as new issues will be on the agenda for the President’s 3rd official visit to Saudi Arabia and second meeting with King Salman since September. Along with long-standing regional and security concerns that require U.S.-Saudi […]
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In Egypt, Saudi Arabia’s King Salman Reaffirms Commitment to Bi-Lateral Ties
In what is being hailed as a landmark visit, Saudi Arabia’s King Salman arrived in Egypt to re-affirm Saudi-Egyptian ties and engage a critical regional ally on key foreign policy concerns. King Salman, who was also accompanied by Deputy Crown Prince Mohammed bin Salman and dozens of Saudi officials and leaders, including 14 ministers, was received […]
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Crown Prince Mohammed bin Naif Joins Twitter
Following the lead of King Salman and other top Saudi government officials, Saudi Arabia’s Crown Prince has joined the social microblogging website Twitter using the handle @M_Naif_Alsaud. The Crown Prince chairs the Council of Political and Security Affairs (CPSA) and is Minister of Interior of Saudi Arabia. His first tweet, sent on April 5, 2016 […]
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Saudi Arabia was world’s third largest military spender in 2015, surpassing Russia
Saudi Arabia surpassed Russia in military spending for 2015 to be the world’s third largest spender on defense, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The United States retained its top position globally in total military spending in 2015, accounting for almost one-third of all military spending globally. The […]
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Saudi Arabia taking ‘unprecedented hands-on role in housing finance and development’
Saudi Arabia’s housing minister Majed al-Hogail gave an interview with Bloomberg last week in which he discussed the government’s plans to create its own development company and start a mortgage-guarantee fund to encourage banks to increase lending for Saudis. “‘We are looking to improve the productivity of the local developers’ but also trying to attract international […]
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Throwback: Photos of King Salman at King Saud University, 40 Years On
Recently released photos by the Saudi Press Agency (SPA) show King Salman at the King Saud University roughly 40 years ago, as the then-prince assisted in shaping the Riyadh-based University to be what it is today. King Saud University (KSU) is billed as “the premier institution of higher education in the Kingdom of Saudi Arabia. Prince […]
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New Homeland Security Decision Allows Saudi Students to Stay in U.S. for 3 Years By Getting On the Job Training
The United States Department of Homeland Security (DHS) recently published a new rule allowing F1 students the opportunity to stay in the country longer “by getting training on the job at some companies for a period of 36 months,” according to a report in Arab News and information posted to the DHS website. According to DHS, […]
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What Will Be Saudi Arabia’s Next Tourist Destination?
Saudi Arabia’s King Abdullah Economic City (KAEC) attracted more than 100,000 visitors last year, a sign that the planned mega city about 100 miles north of Jeddah on the Red Sea might become Saudi Arabia’s next domestic tourist destination. Although Saudi citizens typically flock to Dubai, Bahrain, or elsewhere abroad for leisure trips, that might […]
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Saudi Arabia launches seasonal markets system for date trading
The National Center for Palms and Dates, in collaboration with the Ministry of Environment, Water, and Agriculture, has announced the launch of the Seasonal Markets System, a mandatory electronic platform designed to regulate and organize the trading of dates in seasonal markets. The system aims to enhance the efficiency and quality of market data across all regions of the Kingdom, requiring registration for anyone looking to sell, buy, or market dates.
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Saudi Arabia joins 80 countries in historic deal on e-commerce
About 80 countries including Saudi Arabia reached a historic agreement on Friday on rules governing global digital commerce, including recognition of e-signatures and protection against online fraud. “We negotiated the first global rules on digital trade,” EU trade chief Valdis Dombrovskis said after the deal in Geneva following five years of negotiations.“This will facilitate e-transactions, boost innovation, and integrate developing countries into the digital economy,” he said.
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Jon Rahm wins LIV Golf UK for his 1st victory on the Saudi-funded tour
Jon Rahm won LIV Golf UK on Sunday for his first victory on the Saudi-funded tour when Legion XIII teammate Tyrrell Hatton three-putted his final hole for a bogey. Rahm closed with a 4-under 68 to finish at 13 under at JCB Golf & Country Club, a stroke ahead of Hatton (69), season points leader Joaquin-Niemann (65) and defending champion Cameron-Smith (69).
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Saudi Arabia issues major update on incredible new £3.8bn seaside city
Spread over 3,800 square kilometres, it showcases the Kingdom’s commitment to innovation, sustainability and cultural heritage. It comprises three distinct communities: Triple Bay, The Island, and The Coastal Development.
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Amid ‘politicization’ claims, Iraq prepares for first census after Saddam
Iraq is gearing up for its first general population census in 27 years, due to take place on Nov. 20. However, claims that the initiative will fall victim to partisan wrangling have dogged its planning stages. Meanwhile, supporters of the campaign have defended the economic focus of the census questionnaire, claiming that the data will be invaluable to rebuilding Iraq’s battered public services—particularly amid its ongoing development boom
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Why Gulf National Oil Companies Are Investing in U.S. LNG
Saudi Aramco and the Abu Dhabi National Oil Company are investing in U.S. liquefied natural gas projects, signaling their confidence in long-term gas demand and ambitions to become global gas players. These deals reinforce the commercial appeal of U.S. LNG and suggest that Gulf national oil companies represent a new pool of capital for global gas investment. It is notable that some of their first forays into international LNG have occurred in the United States, especially in a period of shakier policy support in Washington for LNG exports. The deals suggest that Washington’s relations with Riyadh and Abu Dhabi are improving.
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Israeli officials say they seek to avoid all-out war in Lebanon retaliation
Israel wants to hurt Hezbollah but not drag the Middle East into all-out war, two Israeli officials said on Monday, as Lebanon braced for retaliation after a rocket strike that killed 12 children and teens in the Israeli-occupied Golan Heights. Two other Israeli officials said Israel was preparing for the possibility of a few days of fighting following Saturday's rocket strike at a sports field in a Druze village.
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Road accident deaths down 54% in Saudi Arabia
The Health Sector Transformation Program has reported a 54% decrease in the traffic accident death rate in 2023, with the rate falling to 13.6 deaths per 100,000 people, compared to 28.41 deaths per 100,000 people in 2016. The Program's report also indicated a reduction in road accident injuries, reaching 70.87 per 100,000 people, down from 74 injuries per 100,000 people in 2016. Roads that meet traffic safety standards accounted for 77%, while vehicles complying with updated periodic inspection requirements and standards accounted for 46%.
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Saudi markets receive over 29 tonnes of seasonal produce from Qatif oasis farms
The farms of Qatif Oasis are playing a crucial role in supplying fruit and vegetable markets throughout Saudi Arabia’s Eastern Province. From Al-Khafji in the north to Al-Ahsa in the south, they provide a wide variety of seasonal produce including vegetables, fruits and fresh dates. Spanning some 800 sq. km from Safwa to Dammam, Qatif governorate is home to over 3,700 farms of which 2,454 are actively producing a variety of crops, reported Saudi Press Agency.
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Jeddah waterfronts, 442 lush parks elevate Saudi summer experience
Jeddah Municipality has prepared five waterfronts and 442 parks across the city for visitors during the summer, offering high-quality leisure spots designed to the highest standards, reported SPA. Jeddah has become a popular destination for visitors from both inside and outside the Kingdom. People come to enjoy its beautiful waterfronts, parks, and various amenities, as well as to attend the Jeddah Season events, said the report citing senior officials.
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