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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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Obama to Visit Saudi Arabia in Wake of Heated Debate Regarding U.S. Middle East Policy
U.S. President Barack Obama will visit Saudi Arabia in April, his third time visiting Saudi Arabia while president. In September 2015, Saudi Arabia’s King Salman visited the United States with his son and Deputy Crown Prince and Minister of Defense Mohammed bin Salman. And, last spring, Obama invited the Saudis and other Persian Gulf Arab […]
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NYT Report Documents Former Ambassador Al-Jubeir Efforts to Enlist U.S. Support for Saudi Campaign in Yemen
A New York Times report by Mark Mazetti and Eric Schmitt sheds light on Saudi Arabia’s efforts to enlist the Obama Administration’s support for taking military action in Yemen last year. The decision to support Saudi Arabia came after two days of meetings in March 2015 between then-Ambassador to the United States Adel Al-Jubeir and top officials in the […]
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Secretary Kerry Makes Second Trip to Saudi Arabia in 2016
Secretary of State John Kerry is en route to Saudi Arabia now for his second visit to the Kingdom since the start of 2016. Secretary of State John Kerry will travel March 11 to Hafar al Batin, Saudi Arabia to meet with senior government officials to discuss a variety of topics, including efforts to resolve […]
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Riyadh to Keep Arms Originally Bound for Lebanese Army
Saudi Arabia will honor its contracts with French defense companies for $3 billion in arms previously bound for Lebanon as military aid, but will keep the equipment for its own army, foreign minister Adel Al-Jubeir said. Saudi Arabia recently withdrew its promise of $3 billion in military aid and $1 billion for security services over […]
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MUST-READS
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Is the Saudi POV different from the rest of the world?
Contrary to the prevailing notion in other societies that culture is a barrier to innovation and economic progress, the Kingdom remains deeply entrenched in its culture and traditions while emerging as one of the fastest growing economies in the world, positioning itself as the new epicenter of global commerce. Saudi Arabia is young country with 63 per cent of its population being under 30 years old. The youth of the nation celebrate its culture, while driving the change from within.
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Saudi Arabia ranks second best country for expats in key category in new survey
In a surprising shift for expatriates, Saudi Arabia has emerged as the second-best country in the world for working abroad, according to the latest Expat Insider survey. The kingdom has made a significant leap from 14th place in 2023 to the runner-up position.
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Saudi-European Investment Relations Enhance Global Economic Stability
External financial bonds, including Eurobonds, constitute an important aspect of Saudi investments, experts told Asharq Al-Awsat. This came after the Ministry of Finance denied, on Tuesday, that the Kingdom had threatened to sell Eurobonds, according to a statement attributed to the ministry and reported by Bloomberg. The ministry stressed that Saudi relations with the G7 and other countries were based on mutual respect, pointing to ongoing discussions over matters that promote global growth and the flexibility of the international financial system.
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Fresh scrutiny of free speech in Saudi Arabia after brothers’ convictions over tweets
Fresh questions have been raised about the suppression of free speech in Saudi Arabia after the brother of a man facing the death penalty for tweeting to 10 followers was handed a 20-year sentence for largely innocuous tweets. The Saudi crown prince, Mohammed bin Salman, had said Mohammed al-Ghamdi was a victim of “bad laws” after being sentenced to death, yet the crown prince permitted the same laws to be used to sentence Ghamdi’s younger brother, Asaad al-Ghamdi.
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China willing to strengthen trade with Saudi, commerce minister says
China said it is willing to strengthen implementing development strategies with Saudi Arabia, and intensify trade and investment exchanges, its commerce minister said in a statement on Friday. Commerce Minister Wang Wentao held talks on Thursday with the head of affairs on Saudi Arabia's economic cooperation with China, who is also the president of the Saudi sovereign wealth fund Public Investment Fund and chairman of Saudi Aramco.
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Lucid Group gains after its CEO says the Saudi Arabia PIF is the perfect partner
Rawlinson said Lucid's (LCID) advanced technology gives it a selling edge. In terms of capital raises, Rawlinson highlighted that the company will need to raise more money at opportunistic times in the market. He noted the Saudi Arabia Public Investment Fund is the perfect long-term partner for Lucid (LCID) as it looks to ramp up. Rawlinson also noted that the deal with Aston Martin is still strong.
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Biden says Israel-Gaza war should end now and Israel must not occupy Gaza
U.S. President Joe Biden said on Thursday the Israel-Gaza war must end now and Israel must not occupy the enclave after the war, telling reporters his ceasefire framework had been agreed on by both Israel and Hamas but there were still gaps to close. "That framework is now agreed on by both Israel and Hamas. So I sent my team to the region to hammer out the details," Biden said in a news conference.
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Hamas believes it has won. Why it now wants to unburden itself of Gaza.
After nine months of war with Israel, Hamas’ postwar strategy – based on what it sees as its impending victory – is starting to take shape. As talks with Israel, mediated by the United States, Egypt, and Qatar, continue toward a deal on a cease-fire and release of hostages, the militant Islamist movement is eyeing its postwar plans. They include riding an electoral wave to power in the West Bank while evading responsibility for the massive reconstruction of Gaza – and for the vast devastation and loss of life there from the war it incited.
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Gulf States Advance Clean Energy Agenda but Need to Decarbonize Much Faster
The United Arab Emirates, Saudi Arabia, and Oman are making impressive strides in developing their renewable and clean energy potential, but they will need to decarbonize their oil and gas operations faster to adapt to the energy transition. This was one of the takeaways at AGSIW’s Petro Diplomacy 2024 conference from a conversation with Roger Diwan, vice president of research and analysis, upstream, at S&P Global Commodity Insights.
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A Biden Confidant Emerges as a Crucial Mideast Diplomat
Mr. Hochstein has made at least five trips to Israel and Lebanon since the war in Gaza prompted Hezbollah to launch rocket attacks on northern Israel in solidarity with Hamas. He speaks constantly with Lebanese officials as well as top Israeli officials, sometimes including Prime Minister Benjamin Netanyahu.
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