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  • Ambassador Prince Khaled bin Salman Meets with Young Saudis in Tech in California
     

    Saudi Arabia’s Ambassador to the United States HRH Prince Khaled bin Salman met with young Saudi men and women working in Silicon Valley this week, telling the young employees of major U.S. tech firms “I see our future in you. Our leadership is betting on your success,” according to accounts of the meeting. The meeting with […]

     
  • Qatar Welcomes Saudi Decision to Open Border for Hajj Pilgrims
     

    Qatar has responded positively to Saudi Arabia’s decision to open its border with with the Gulf Arab nation for Hajj pilgrims, but also criticized a “politicization” of the key pilgrimage, according to reports. Qatar’s Foreign Minister, Mohammed Bin Abdulrahman Al-Thani, said in a press conference in Stockholm, Sweden that “regardless of the fact that the pilgrimage was prohibited […]

     
  • Rumors Abound Regarding Location(s) of Saudi Aramco IPO Listing
     

    Saudi Aramco’s advisers have recommended London for the historic listing of the oil company, sources familiar with the matter told Reuters in an exclusive report. The report said U.S. disclosure rules were a concern for Saudi authorities. London’s Financial Conduct Authority (FCA) has proposed a rule change that would allow state-owned companies, such as Saudi Aramco, to […]

     
  • New Saudi City Aims for Nearly 1m New Housing Units Near Mecca and Jeddah
     

    Details have emerged on plans for a “giant extension” to the holy city of Mecca in Saudi Arabia that could add up to one million housing units by 2050, according to reports. Prince Khalid Al-Faisal bin Abdulaziz is governor of the Mecca Region. In a press conference, the Prince told reporters that the Al-Faisaliah project […]

     
  • Saudi Female Private Sector Employment Grew 10% in 2016, Ministry of Labor Says
     

    The employment of Saudi women in the private sector increased 10 percent in 2016 over the previous year, according to the Saudi Ministry of Labor and Social Development as reported in the Saudi Gazette. The latest figures show a continuation of a dramatic increase in the last four years for female participation in the workplace. Based on figures provided […]

     
  • King Salman Issues Royal Decrees on Security as U.S. Praises ‘Strong Counterterrorism Relationship’
     

    Saudi Arabia’s King Salman issued a number of royal decrees on Thursday regarding the Kingdom’s security governance, creating a new security authority and separating forces from the Ministry of the Interior, according to reports. The executive order creates a security authority known as the “The Presidency for State Security” linked with the Prime Minister’s Office, the […]

     
  • Saudi Arabia Nears First Utility-Scale Wind Power Project
     

    Saudi Arabia moved a step closer toward the construction of its first utility-scale wind-power project, according to reports. The energy ministry “asked potential bidders and plant developers to submit their qualifications to build the 400-megawatt plant at Dumat Al Jandal in the kingdom’s northwestern Al Jouf region,” Bloomberg reports, citing an emailed statement. “Companies will be able to […]

     
  • Mohammed bin Salman Named Crown Prince, Next-in-Line to King; Prince Mohammed bin Nayef Deposed
     

    King Salman of Saudi Arabia has named his son, Prince Mohammed bin Salman, as crown prince of Saudi Arabia, deposing his cousin Prince Mohammed bin Naif. The move makes Prince Mohammed next-in-line to be king. As Reuters and other news outlets are reporting, the promotion of the new Crown Prince is less surprising than the […]

     
  • Saudi Foreign Minister Adel Al-Jubeir Meets with Secretary of State Rex Tillerson in Washington, Says ‘No Blockade’ of Qatar
     

    Secretary of State Rex Tillerson met with his Saudi counterpart, Foreign Minister Adel Al-Jubeir in Washington yesterday to discuss the ongoing diplomatic situation in the GCC and other regional challenges. In brief remarks to reporters before the meeting, Foreign Minister Al-Jubeir said that there was no “blockade” of Qatar and that Saudi Arabia was exercising […]

     
  • Senate Opposition to Sale of Precision-guided Munitions Grows
     

    Senate Minority Leader Charles Schumer (D-N.Y.) is the latest U.S. senator to throw support behind a Sen. Rand Paul (R-Ken)-led push to block part of President Trump’s $110 billion arms sale to Saudi Arabia, according to reports. The senators who proposed the resolution to block the arms sale said that they expect a close vote. Sen. Sens. […]

     

MUST-READS

  • Saudi-US Defense Pact Faces Netanyahu Obstacle

    To secure the 67 votes in the US Senate to become a binding treaty, as Riyadh insists, it almost certainly needs Saudi Arabia to establish diplomatic relations with Israel. And that in turn requires an end to the Gaza conflict and an Israeli commitment to a Palestinian state.

  • Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign

    The move is intended to lure business from international financial centers like Hong Kong and Singapore and particularly nearby Dubai. And bankers say Saudi pressure to expand on the ground goes beyond the new law: During discussions, senior Saudi officials persistently ask if executives plan to spend more time in the kingdom or expand existing offices, while offering to fast track licenses for those committing to live with their families in Riyadh. Government representatives didn’t respond to a request for comment.

  • Opinion: Israel and Saudi Arabia Are Trading Places

    Saudi Arabia and Israel are America’s two most important Middle East allies, and the Biden administration is deeply involved with both today, trying to forge a mutual defense treaty with Saudi Arabia and help Israel in its conflicts with Hamas and Iran. But the Biden team has run into an unprecedented situation with these two longtime partners that is creating a huge opportunity and a huge danger for America. It derives from the contrast in their internal politics.

  • Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal

    The Federal Trade Commission will wave through Exxon Mobil’s roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy giant, a source familiar with the matter told CNBC. The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, the source said. The agreement will bar Pioneer’s former CEO Scott Sheffield from joining the Exxon board.

  • Blinken says US cannot support Rafah assault without humanitarian plan

    U.S. Secretary of State Antony Blinken said on Wednesday he has still not seen a plan for Israel's planned offensive on the southern Gaza city of Rafah that would protect civilians, repeating that Washington could not support such an assault.
    Blinken and Israeli Prime Minister Benjamin Netanyahu met in Jerusalem for two-and-a-half hours, after which Israel repeated that the Rafah operation would go ahead despite the U.S. position and a U.N. warning that it would lead to "tragedy".

  • Biden faces tough balancing act as campus protests over Gaza escalate

    Escalating campus protests are forcing U.S. President Joe Biden to walk a careful line of denouncing antisemitism while supporting young Americans' right to protest and trying to limit longer-term political damage.
    As violent police crackdowns and counter-protests greet spreading demonstrations across U.S. campuses, Biden faces sharp criticism of his Israel policy from both the left and right.
    Students at dozens of schools have rallied or camped out in recent days to oppose Israel's war in Gaza, demanding institutions stop doing business with companies that support the war.

  • Israeli war cabinet to meet on hostages, Rafah plan on Thursday

    Top Israeli ministers will convene on Thursday to discuss a proposed Gaza truce to free some hostages held by Hamas, as well as prospects for an army sweep of the southern tip of the enclave packed with displaced Palestinians, a government source said.
    Prime Minister Benjamin Netanyahu's war cabinet was provisionally slated to meet at 6.30 pm (1530 GMT), followed by the wider security cabinet, the source said. Israel does not generally publish information on sessions of the two groups.

  • Saudi Arabia foregoes April nuclear bid deadline

    The 30 April bid deadline for nuclear technology providers to submit bids for a contract to build Saudi Arabia’s Duwaiheen nuclear power plant project has passed without any clear indication of a new tender closing date, according to two sources familiar with the project. “The understanding is that the tendering process requires a level of [political] stability in the region. This seems like an automatic postponement for the project tendering process,” one of the sources said.

  • Six years to go, what Saudi Arabia’s Vision 2030 aims to achieve

    Various reforms have been implemented to enhance the business climate, create jobs, and invite investment into the country. Under this initiative, Saudi Arabia is preparing its people for a new world that embraces technology and is ready to face issues such as climate change.

  • Saudi Arabia balks at Israel normalization, floats ‘modest’ defense pact with US: Report

    “Under that option, the US and Saudi Arabia would sign agreements on a bilateral defense pact, US help in the building of a Saudi civil nuclear energy industry, and high-level sharing in the field of artificial intelligence and other emerging technologies,” the British daily reports.