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  • 5 Things to Know About the 2013 SACM Career Fair and Graduation Ceremony This Week
     

    The 2013 SACM Career Fair and Graduation Ceremony begins this week at the Gaylord National Harbor in the Washington, D.C. area. Thousands of Saudi students will descend on the nation’s capital to participate in this impressive event, which celebrates the achievements of Saudi students on the King Abdullah Scholarship Program and matches them with real […]

     
  • Slideshow: Coming to Riyadh’s KAFD: A Female-Designed Metro Station
     

    A leading female architect has been chosen to be the lead architect of the forthcoming metro station in the brand-new King Abdullah Financial District, Arabian Business reports.

     
  • Saudi Arabia: Car Manufacturer?
     

    A new report states that Saudi Arabia is in negotiations with Jaguar Land Rover for a production line in Yanbu, an industrial city, following an initial agreement signed last year. The National reports that the Indian-owned company “can count on Saudi government investment of close to US$1 billion and some of the world’s cheapest aluminium. […]

     
  • Saudi Aramco to open 3 research centers in the United States
     

    Saudi Aramco announced the opening of three research centers in the United States at the Offshore Technology Conference in Houston today, according to a report in Rigzone. The three new centers in the United States will “join a worldwide network of research centers established by Saudi Aramco to leverage scientific expertise and further complement the cutting-edge […]

     
  • Save the Date for the 2013 U.S.-Saudi Business Opportunities Forum in Los Angeles, California
     

    The 2013 US-Saudi Business Opportunities Forum, to be held in Los Angeles, California at the JW Marriott L.A. Live on September 16-18, is the third in a series of extraordinarily successful gatherings featuring top American and Saudi government and private sector leaders and providing an ideal platform for building new and lasting business ties. Please visit www.us-saudiforum.com to register your interest.

     
  • Saudi Aramco showcases advanced technology at OTC
     

    The Offshore Technology Conference in Houston is a major event that brings together energy companies from around the world. OTC is billed by organizers as “the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection.” OTC was founded in 1969 and is held annually at the […]

     
  • A Kingdom’s Thirst: The Saudi Water Challenge
     

    It’s no secret that Saudi Arabia is a dry place in a particularly arid region of the world. The dearth of water resources in the Kingdom is among its foremost challenges, with some estimates predicting full depletion by 2050 if nothing is done.

     
  • The Saudis on the ‘Arabian Business’ Power 500 List
     

    The ArabianBusiness.com ‘World’s 500 Most Influential Arabs’ list for 2013 was released this week with the revelation that Saudi Arabia’s Prince Alwaleed bin Talal had topped the list for the 9th consecutive year. Although an impressive feat, there are 31 other Saudis on the list doing some amazing things in business, culture, the media and […]

     
  • 17-day long Janadriyah festival for Saudi Heritage and Culture to begin April 3
     

    The 28th National Festival for Heritage and Culture at Al-Janadriyah showcasing the cultures and traditions of Saudi Arabia will open Wednesday, April 3, the Saudi Gazette reports. The festival is a display of Saudi culture and tradition. China is a guest country at the celebration, and will have a pavilion that is 2.000 sq. meters “at the […]

     
  • Twitter Use Booms in Saudi Arabia: Infographic
     

    Bit.ly, a link-tracking service company, published a comprehensive look at global social media use, which found that Saudi Arabia is rapidly embracing Twitter. “In this country, most of the social sharing happens on facebook and twitter, but what about in the rest of the world?” bit.ly asks on its company blog. The findings detail the number of […]

     

MUST-READS

  • Saudi Arabia’s economy seven years after Crown Prince Mohammed’s appointment

    Crown Prince Mohammed bin Salman has pushed forward with an expansive fiscal policy since his appointment on June 21, 2017, helping to turn the Saudi Arabian economy into one of the fastest growing in the G20. The Crown Prince, who served as the chairman of the Council for Economic and Development Affairs, has helped spearhead groundbreaking moves such as the listing of Aramco, the world’s biggest oil producing company, and the launch of the futuristic city of Neom. The kingdom’s Council of Ministers tasked Ceda with identifying and monitoring the mechanisms and measures that are crucial for the delivery of the country's Vision 2030.

  • Saudi Arabia’s and the UAE’s Quest for African Critical Minerals

    Minerals such as copper, cobalt, lithium, and graphite are critical for manufacturing electric vehicle batteries and in renewable energy infrastructure. Investing in these resources paves the way for Saudi Arabia and the UAE to not only generate substantial returns but also become key actors in the clean energy sector. Such investments, however, have geopolitical implications for China, a major established player in this sector.

  • Oil prices are up 10% in the last 2 weeks

    Oil markets are heating up again. Crude futures have risen about 10% since June 4 for both the U.S.-benchmark West Texas Intermediate and global benchmark Brent varieties. The latest rally comes after a volatile year that’s seen prices rise as much as 20% before giving back almost all those gains. WTI crude is up 13% for the year, Brent is up 10.4%.

  • US signals to Hezbollah it will back Israeli offensive, as frustration with Gaza ceasefire grows

    The US has indicated it is open to backing an Israeli offensive against Hezbollah in Lebanon, amid mounting frustration that the group continues to link a truce with Israel to an elusive broader ceasefire in Gaza. In his meetings in Beirut on Tuesday, US envoy Amos Hochstein delivered "blunt" warnings to Lebanese officials that Israel is preparing to launch a limited offensive on Hezbollah and will have the US's support if a diplomatic solution isn't found, a senior Arab official told Middle East Eye. Hochstein met with Lebanese Prime Minister Najib Mikati and Speaker of Parliament Nabih Berri on Tuesday, both of whom the US has used as intermediaries with Hezbollah, the Iran-backed group the US designates a terrorist organisation.

  • Phased development for world’s largest airport in Saudi Arabia

    The airport is expected to cover 57 square kilometres and handle 120 million passengers per year, which would make it the largest in the world in terms of passenger numbers. It will be built on a brownfield site over the existing King Khalid International Airport. UK-based Mace has won the role of delivery partner on the project, while it is being designed by architecture company Foster + Partners.

  • Made in Saudi Arabia; What’s in a Slogan?

    The kingdom has shown greater compatibility with long-term environmental and sustainability goals for the generations to come, one the one hand,and with the intricate dynamics of market investments and global financial ecosystem, on the other. While, at the same time, not losing sight of the current and truly important financial resource of oil. On average, revenues from oil production represented 3% of global gross domestic product (GDP) in recent data by the World Economic Forum (WEF).

  • Saudi Arabia’s UK ambassador warns Israeli war with Lebanon would quickly turn global

    A Saudi Arabian diplomat has warned Israel against a war in Lebanon, insisting that the kingdom will not normalise relations without justice for the Palestinian people.

    Israel and Hezbollah have both claimed they are ready to go to war this week, raising fears of a regional spillover of the Israel-Gaza war, which is entering its ninth month.

    Prince Khaled bin Bandar Bin Saud, Saudi Arabia’s ambassador to the UK, called on Israel and the international community to “recognise the danger that lies ahead”.

  • Too early for Saudi oil to be priced in renminbi, analyst says

    Jean-Michel Saliba of BofA Global Research says U.S.-Saudi relations have been around for many years, and “it’s not only about economics, there’s very deep political ties.”

  • How to apply for a U.S. visa in Saudi Arabia: A comprehensive guide

    If you are living in Saudi Arabia and plan to visit the United States soon, you will need to apply for a visa at the U.S. embassy in Riyadh or at the consulates in Jeddah or Dhahran. The required documents and types of visas to the U.S. are many and might get confusing. Therefore, here is a comprehensive guide to everything you need to know about applying for a U.S. visa in Saudi Arabia.

  • What the end of petrodollars means

    Let’s take a look back to the Nixon administration. America was beset by high inflation and large current-account deficits amid an ongoing war in Vietnam, putting downward pressure on the dollar and threatening a run on US gold reserves. In 1971, the US ended the dollar’s convertibility to gold — which had been the lynchpin of the Bretton Woods international monetary system of fixed exchange rates. Major currencies began to float against each other in 1973. Then came the oil shock that fall, when the Organization of Petroleum Exporting Countries (OPEC) cut oil production and embargoed shipments to the US during the Yom Kippur war.