In an exclusive interview with CGTN, the Saudi Minister of Tourism said that Saudi Arabia will further boost its tourism sector to attract more Chinese tourists to visit, of which he added that the Chinese market is extremely important. He also noted that the Kingdom aims to attract 3 to 4 million Chinese tourists a annually.
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President Obama Arrives Tomorrow to Saudi Arabia for Meetings with King Salman, GCC Leaders
President Obama arrives tomorrow (Wednesday) in Riyadh for meetings with King Salman and other top Saudi government leaders, and to attend a GCC summit meeting. The visit to Saudi Arabia, the President’s fourth trip to the Kingdom, comes amid increased focus on U.S.-Saudi relations. On Monday, the White House expressed confidence that Saudi Arabia would not […]
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CIT’s Omar Bahlaiwa Appointed Acting Secretary General of the Council of Saudi Chambers
Saudi Committee for International Trade (CIT) Secretary General, Eng. Omar Bahlaiwa, has been appointed Acting Secretary General of the Council of Saudi Chambers, replacing Khalid Al-Otaibi. Eng. Bahlaiwa, who will continue to serve as Secretary General of CIT which is within the Council of Saudi Chambers of Commerce (CSC), was appointed by CSC Chairman, Dr. Abdulrahman […]
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What to Know About the CBS 60 Minutes on Redacted 28 Pages in House/Senate 9/11 Report
Last night’s report by CBS’s 60 Minutes with correspondent Steve Kroft covered the controversial classified pages of the Joint Inquiry Into Intelligence Community Activities Before and After the Terrorist Attacks of September 11, 2001 report produced by U.S. Senate Select Committee on Intelligence and the U.S. House Permanent Select Committee on Intelligence in December 2002. This report preceded what is known […]
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Saudi Arabia reportedly planning US-style ‘green card’ system as part of strategy to increase revenue
Saudi Arabia is considering setting up a ‘green card’ system, similar to that used in the US, as part of an overall strategy to raise $100 billion in revenues annually by 2020, according to reports. The Deputy Crown Prince “revealed Saudi Arabia’s inclination to introducing a system for residents that is similar to the American […]
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Politico Op-Ed Details Extensive U.S.-Saudi Coordination to Deter Terrorism and Terrorist Financing
Nail Al-Jubeir, director of the information office at the Royal Embassy of Saudi Arabia and brother to Saudi Foreign Minister, Adel Al-Jubeir (previously Saudi Ambassador to the United States), has written an op-ed in Politico on the deep and well-established programs in place to enable the U.S. and Saudi Arabia to work together to “suffocate terrorism.” The op-ed, […]
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Deputy Crown Prince Mohammed bin Salman on U.S.-Saudi Relations: ‘We consider ourselves to be the main ally for the U.S. in the Middle East’
Deputy crown prince Mohammed bin Salman described the U.S.-Saudi relationship as “huge” and reiterated that Saudi Arabia was the main ally for the United States in the Middle East in a recent interview. “Our partnership with the U.S. is huge. Oil is only a small part of it. Oil was just the beginning for us,” […]
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Major Policy Shifts Revealed in Bloomberg Interview with Deputy Crown Prince Mohammed Bin Salman
In an extensive interview with Bloomberg Saudi Arabia’s deputy crown prince Mohammed bin Salman outlined his vision for several major economic initiatives. These include a plan to offer shares in all of Saudi Arabian Oil Company (Saudi Aramco) rather than just it’s downstream and refining assets. “The mother company will be offered to the public […]
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Reduced Consumer Spending, M3 Decline Indicates Saudi Economic Slowdown
Central bank data released on Monday shows Saudi consumers withdrew and spent less money in February and a key money supply metric “shrank for the first time since at least 2000,” according to Bloomberg. M3 dropped 0.9 percent from a year earlier last month. According to Reuters, narrower money supply measures M1 and M2 also […]
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Saudi Film Festival Features Highlights Growing Enthusiasm for Independent Filmmakers
Close to 400 enthusiastic film fans filled a hall for the opening ceremony of the 3rd annual Saudi Film Festival at a culture and arts centre in the Gulf coast city of Dammam on Thursday night. 112 candidates are participating with 70 films nominated for the awards. 24 of the filmmakers are Saudi women and […]
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Washington Welcomes Saudi Move to Wind Down Yemen Campaign
Saudi Arabia has said its military coalition will scale back operations against the Iranian-backed Houthis in Yemen, according to reports. Brigadier General Ahmed al-Assiri told AFP in an exclusive interview that the coalition is, “in the end of the major combat phase.” “We would welcome and do welcome” that statement, White House spokesman Josh Earnest […]
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More fish were farmed than caught for the first time ever
Last week, the FAO released its annual report on the state of aquaculture — which refers to the farming of both seafood and aquatic plants — and fisheries around the world. The organization found that global production from both aquaculture and fisheries reached a new high — 223.3 million metric tons of animals and plants — in 2022. Of that, 185.4 million metric tons were aquatic animals, and 37.8 million metric tons were algae. Aquaculture was responsible for 51 percent of aquatic animal production in 2022, or 94.4 metric tons.
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Saudi Arabia advances to 16th place in World Competitiveness 2024
Saudi Arabia advanced to the 16th place in the IMD World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development (IMD). According to the report, the Kingdom ranked fourth among the G20 countries, supported by improved business legislation and infrastructure. Thus, the Kingdom achieved an advanced position for the third straight year, compared with the 17th in 2023 and 24th in 2022.
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Rainfall relieves Muslim pilgrims marking final days of Hajj in extreme heat
Rainfall above Mecca on Monday relieved Muslim pilgrims, who used the early morning hours to perform the second day of the symbolic stoning of the devil, as noontime summer heat caused heatstroke among thousands wrapping up the Hajj pilgrimage. The final days of the Hajj coincide with Muslims around the world celebrating the Eid al-Adha holiday.
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World’s Largest Airport Under Construction in Saudi Arabia
A masterplan for the airport was unveiled by the country's sovereign wealth fund, the PIF, in November 2022. Built on the site on the existing King Khalid airport, Riyadh, the new airport will cover an area of around 34 square miles, comprising six parallel runways, residential and recreational facilities, as well as retail outlets.
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Saudi Arabia Crude Exports Fall to 6 Million Barrels Per Day in April
Saudi Arabia's crude oil exports fell to 6 million barrels per day from 6.413 million bpd in March, data from the Joint Organizations Data Initiative (JODI) showed on Monday. The decline in Saudi exports comes in line with the OPEC+ agreement to cut production, in order to maintain market stability. OPEC+ has implemented a series of output cuts since late 2022 to support the market amid rising output from the United States and other non-member producers and worries over demand as major economies grapple with high interest rates.
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Saudi crown prince renews call for immediate halt to attacks in Gaza at annual Hajj reception
“We urge an immediate halt to this attack, and that the international community take all the measures needed to ensure the protection of lives in Gaza. We also ask that the recent resolutions issued by the UN Security Council regarding an immediate ceasefire in Gaza Strip be heeded,” the crown prince said at the annual reception for officials and dignitaries who were performing Hajj this year.
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Pilgrims ‘stone the devil’ in early hours to beat the blazing heat
Muslim pilgrims took part in the symbolic stoning of the devil on Monday in the final ritual of the Hajj, with many doing so in the early hours of the morning to escape the worst of the blazing summer heat. Temperatures hit 48C by 2pm in Makkah and the holy sites in and around the city, the Saudi National Center for Metrology said. “Of course, it is something very hard and tiring. The temperature is abnormal compared to the past years and this affects us a lot,” said Ahmed Al-Baradie, from Egypt.
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Davis Cup – Thailand, Saudi Arabia and Syria seal promotion from Asia/Oceania III
Thailand, Saudi Arabia and Syria clinched the three promotion spots available from the Asia/Oceania Group III event contested at the Jordan Tennis Federation in Amman last week. Thailand, who finished top of the event, defeated Saudi Arabia in the 1st and 2nd place play-off, while Syria overcame Vietnam 2-1 in a close-fought 3rd and 4th place play-off.
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MBS urges international community to recognize independent Palestinian state
Saudi Arabia’s Crown Prince Mohammed bin Salman called on the international community on Monday to recognize an independent Palestinian state, emphasizing that this step is crucial for achieving peace. “The Kingdom renews its call to the international community to recognize the independent State of Palestine, on the 1967 borders, with East Jerusalem as its capital. This will enable the brotherly Palestinian people to obtain their legitimate rights” and pave the way for “comprehensive, just, and lasting peace,” state news agency SPA quoted the Crown Prince as saying.
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Saudi Arabia Seeks More Chinese Tourists, Says Saudi Minister Of Tourism
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