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  • Saudi Arabia’s Expanding Role In Advanced Technologies

    When Saudi Crown Prince Mohammed bin Salman announced the creation of Alat in February 2024, he stressed the vital role this organization will play in Saudi Arabia's economic development. Saudi estimates predict this company will create 39,000 direct jobs and reach $9.3 billion in non–oil GDP contribution by 2030. Alat's AI infrastructure unit will combine artificial intelligence with other Industry 4.0 technologies, including robotics, big data, and automation.

  • Celebrating World Environment Day in Saudi Arabia with two KAUST startups

     King Abdullah University of Science and Technology (KAUST) is celebrating Saudi Arabia hosting World Environment Day 2024 by highlighting two of its innovative local startups that are developing solutions for greening Saudi Arabia.
    Saudi Arabia is hosting World Environment Day on June 5 with a focus on land restoration, desertification and drought resilience. One of the most effective ways to restore degraded land, halt desertification and build drought resilience is through ecosystem restoration.

  • The Israeli ship is drifting, ever more dangerously, in uncharted waters

    While Israel moves toward a de facto long-term occupation of Gaza, the country faces increasingly heavy losses on the diplomatic front, with more and more countries, international organizations, academic institutions, and companies cutting off ties to, sanctioning, and boycotting Israeli entities and individuals.

  • Iran’s top diplomat confirms talks with US

    Iran's acting foreign minister Ali Bagheri said Monday his government was engaged in negotiations with arch-foe the United States hosted by the Gulf sultanate of Oman. Asked about the issue at a news conference during a visit to Beirut, Bagheri said "we have always continued out negotiations... and they have never stopped." Washington and Tehran have not had diplomatic relations since the 1979 Islamic Revolution in Iran.

  • Saudi Arabia warns of above-average heat during Hajj

    Saudi Arabia said Tuesday pilgrims can expect average high temperatures of 44 degrees Celsius (111 Fahrenheit) during the Hajj, which last year saw thousands of cases of heat stress. "The expected climate for Hajj this year will witness an increase in average temperatures of 1½ to 2 degrees above normal in Mecca and Medina," national meteorology center chief Ayman Ghulam told a press conference. The forecast indicates "relative humidity 25%, rain rates close to zero, average maximum temperature 44 degrees," he said.

  • Man City’s De Bruyne not ruling out Saudi move

    Manchester City midfielder Kevin De Bruyne is keeping an open mind over a potential move to the Saudi Pro League, the 32-year-old Belgian said, as he prepares to enter the final year of his contract with the Premier League champions.
    The Belgium captain has six Premier League crowns and one Champions League title, as well as two FA Cups and five League Cups to his name since his 2015 switch from German side VfL Wolfsburg.

  • Saudi Exchange Publishes Guidelines for Offering and Listing of Foreign Companies

    The Saudi Exchange published its guideline manual for foreign companies offering and/or listing on its Main Market. While current capital markets regulations and rules in Saudi Arabia permit such offerings, the lack of a clear criteria and process led to uncertainty among potential non-Saudi issuers, and may have deterred them from pursing listings or required them to restructure their operations in order to incorporate in Saudi Arabia before listing. In fact, to date there have been no cross-listings on the Saudi Exchange and only one dual-listing, which was the concurrent and dual-listing of Americana Restaurants in Saudi Arabia and the United Arab Emirates in December 2022.

  • Lebanon’s Dangerous Campaign against Refugees

    Lebanon hosts 1.5 million Syrian refugees. It wants to get rid of most of them. Lebanese sovereignty is important, but so are the country’s humanitarian obligations and Lebanon’s role in regional security. A recent government scheme to deport Syrians in Lebanon who were not registered as refugees with the United Nations—nearly half of the 1.5 million refugees in Lebanon—may be a first step, and it is a potentially dangerous one. Lebanon’s Syrian refugee problem soon could become a regional problem, and neither the Middle East nor its Mediterranean neighbors need another one of those.

  • Saudi Aramco holding LNG talks with US firms Tellurian, NextDecade, sources say

    Oil giant Aramco (2222.SE), opens new tab is in talks with U.S. firms Tellurian (TELL.A), opens new tab and NextDecade (NEXT.O), opens new tab on two separate liquefied natural gas (LNG) projects as the Saudi firm seeks to boost its gas trading and production, three sources close to the talks told Reuters.
    U.S. gas production has boomed over the past decade with oil majors and Aramco's rivals such as Qatar Energy competing to build several projects to export gas to Europe and Asia.

  • Rock Art Found in This Saudi Arabian Cave Offers ‘Rare Glimpse’ Into Ancient Human Life

    Based on rock art and animal bones found at Umm Jirsan, the research team believe that the lava tube would have been a key location for livestock herders. The extensive cave art includes six animal herding scenes, 23 identifiable depictions of sheep, 15 of ibex, seven of goats, and two of cattle.

    The evidence found at Umm Jirsan dates from the Neolithic (10,000 B.C.E.) to the Chalcolithic/Bronze Age (around 2,000 B.C.E.). The artifacts and rock art found at the site demonstrates that the site was occupied repeatedly and periodically by human groups for at least 7,000 years.