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King Salman, Deputy Crown Prince Mohammed Announce Inclusion of More Than 2,600 U.S. Students Into Scholarship Program on Arrival in Washington
Deputy Crown Prince Mohammed bin Salman used the occasion of his arrival to the United States this week to include an additional 2,600 Saudi students into the Custodian of the Two Holy Mosques Scholarship program, the visionary educational initiative created by the late King Abdullah that enables young Saudis to receive education and experiences abroad. […]
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Deputy Crown Prince Mohammed bin Salman Arrives in Washington, Photographed for the First Time Wearing Western Business Suit
Deputy Crown Prince Mohammed bin Salman arrived in Washington, D.C. on Monday and met with Secretary of State John Kerry in Georgetown for an informal dinner. Prince Mohammed’s arrival marks the first time he has been photographed or filmed wearing western clothing. The prince typically wears traditional Saudi clothing both at home in the Kingdom and […]
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As Vision 2030 Details are Rolled Out, International Banks and Others Look for Opportunities
International banks are jockeying for a role in Saudi Arabia’s plans to list part of state-owned Saudi Aramco for an Initial Public Offering (IPO), according to a report in Reuters. Financiers around the world are keen to cash in on a cornerstone of the recently-announced “Vision 2030” economic and social plan, with banks preparing for […]
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Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman to Visit Washington Mid-June
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman will visit Washington, D.C. and other cities in the U.S. in June, as the influential Saudi official plans to discuss both foreign policy and economics, according to sources cited by several news outlets. Because Prince Mohammed is both Minister of Defense and President of the key Council […]
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2015 Aramco Annual Review Highlights Record Year of Production
Saudi Aramco’s recently released Annual Review 2015 confirms that the state-owned company produced at record levels last year – averaging 10.2 million barrels per day. The report, which features highlights of the company’s 2015 performance, also said total refining capacity stood at 3.1 million barrels per day, “reflecting successful rapid expansion downstream, optimizing the overall […]
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Graphic: A Capital Punishment Uptick in Saudi Arabia; Kingdom Trails China and Iran
Saudi Arabia may put more than 100 people to death in the first six months of this year and is on pace for a record-setting year after a dramatic surge in executions in 2015, according to reports. Saudi Arabia has executed 95 people this year, with about half of that figure resulting from the execution of […]
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Mine Kills Saudi Border Guard, Wounds Three Others on Yemen Border as Peace Talks Flail
A Saudi border guard was killed and three others were wounded by a land mine that exploded while on patrol alongside the border with Yemen on Monday, according to reports. According to the Saudi Press Agency, the blast injured the soldiers in Saudi Arabia’s southern Jazan Province on the border with Yemen. Reuters reports that it was not immediately […]
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G.E. Jumps Into Saudi Economic Reforms with $1.4b in Deals, Doubled Workforce
General Electric (G.E.) has won a series of deals in Saudi Arabia worth $1.4 billion and said it would double its workforce in the Kingdom from 2,000 to 4,000 by 2020, according to reports. The deals amount to “support” for Saudi Arabia’s “Vision 2030” reform plan, according to Reuters, and were announced by the company’s […]
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Saudi Aramco Energy Ventures Steps Up Investments in U.S.
Saudi Aramco ventures, the venture capital arm of the state-owned Saudi oil giant, has increased its investments in early stage and high growth companies in energy, petrochemicals, and renewables recently with two investments into U.S. companies, according to Forbes. The Dhahran, Saudi Arabia-based VC can is looking to invest $1 million and $30 million per […]
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How Riyadh’s King Abdullah Financial District’s Future Has Shifted
Riyadh’s unfinished King Abdullah Financial District (KAFD) located halfway between downtown Riyadh and King Fahd International Airport is headed for new ownership and a revised master plan. KAFD – the city within a city that was originally designed to be home to the Kingdom’s banks and international financial houses – will soon be owned by […]
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Saudi air passengers up 17% in first half of 2024
Saudi Arabia had a 17 percent increase in the total number of air passengers in the first half of the year, rising to 62 million. This was based on a 12 percent rise in total flights to 446,000, the General Authority of Civil Aviation (GACA) said. Air freight was also up, showing an increase of 41 percent, GACA said.
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China Investors Can Now Trade Saudi Stocks on Two ETFs
Two exchange-traded funds focused on Saudi Arabian stocks that debuted today in Shanghai and Shenzhen give Chinese investors an option to bet on equities in the oil rich nation as both countries strengthen ties.
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New Iranian president does not inspire hope among Gulf Arabs
Gulf Arab capitals do not view the election of Reformist Masoud Pezeshkian as a major turning point for Iranian policy. There is broad skepticism about whether there is any genuine pro-reform movement left in Iran. There is also a view that Iranian elections are cosmetic and will not allow Pezeshkian to act independently of conservative-dominated power structures.
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Network model shows resilience as Iran-Israel clash expands
Since the Palestinian Hamas movement’s outrageous attack on Israel on Oct. 7, 2023, Tel Aviv has found itself in a multifront war that it cannot win militarily. Israel’s military superiority has lost the ability to deliver a strategic punch against a network of networks administered by Iran. This highlights how in the decade or so following the Arab Spring protests, networked non-state actors have become the key movers and shakers in the region—outperforming state hierarchies on matters of resilience.
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Is Saudi Arabia replacing the US with China in its security partner mix?
The visit fuelled speculation that Riyadh could be looking to Beijing to ease pressure from Washington on issues such as human rights and its stand on the Israel-Gaza war. Defence specialists said the conflict and tensions in the broader Middle East would undoubtedly have been on the agenda – along with Saudi Arabia’s rising arms purchases from China. But Saudi Arabia still saw the United States as its key security partner – even as it increases rapport with and arms purchases from China.
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Saudi Arabia Close to Deal With China’s Envision for Wind Energy Push
Saudi Arabia and China’s second-largest wind turbine manufacturer are close to a deal to develop a new plant in the oil-rich desert kingdom to help support its goal of boosting renewable power production. The Saudi sovereign wealth fund and Vision Industries, a privately owned renewable-energy manufacturing company, could sign an agreement with Envision Energy Co. as soon as this week, according to people familiar with the matter.
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Literature Commission concludes training program for publishing houses in Oxford
The training program was held in cooperation with Oxford International Publishing Center, and lasted for 10 days, during which it witnessed many intensive training and consulting sessions presented by a group of publishing experts. The program sessions covered several prominent topics, including international publishing strategies and marketing plans, the role of literary agencies, copyrights and contracts, planning skills for participation in book fairs, and others.
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Saudi Telecom reportedly eyes up Vodafone Portugal
Vodafone and Saudi Telecom (STC) have both recently failed in Portuguese M&A attempts, so it makes sense that they might now look to hammer out a deal between them. But it seems we're not close to a deal just yet.
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Saudi Arabia and Qatar explore judicial cooperation
Al-Samaani highlighted the legal and judicial progress that Saudi Arabia has witnessed under the leadership of King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman. He emphasized that the progress made in the legislative and digital domains improved the efficiency and quality of judicial services.
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Aquaculture in Saudi Arabia: From vision to infrastructure
Saudi Arabia’s aquaculture sector has witnessed remarkable growth in recent years, with production increasing by 400% between 2015 and 2022. This rapid expansion can be attributed, in part, to a concerted effort from public and private stakeholders to bolster food security in the region, improve economic diversification, and reduce overreliance on food imports.
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