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  • Saudi Crown Prince Nayef dies
     

    Saudi Crown Prince Nayef bin Abdulaziz, a hard-line conservative who is credited with pushing back al Qaeda, has died, Saudi state TV said on Saturday. Nayef, who had been named crown prince in October by his brother the king, was heir to the Saudi throne. State TV is broadcasting Quran readings as an expression of […]

     
  • Five Facts About Saudi Arabian Horses
     

    The 2012 London Olympics have had many controversial headlines in the news about horse sports and Saudi Arabia. With that in mind, many people know about the Arabian horse’s influence in modern Thoroughbreds and equestrian athletics, what about a country these horses originate from? Interestingly, the country of Saudi Arabia is full of horse-related facts […]

     
  • Jadwa Investments May 2012 Inflation Report for Saudi Arabia
     

    Jadwa Investment’s recently released May inflation report for Saudi Arabia found a year-on-year decrease in inflation to 5.1 percent, the lowest since August 2011. Jadwa noted that the decline “was due to a fall in inflation for ‘other expenses and services,’ which stems from lower gold prices.”

     
  • Saudi Arabia remains largest takaful market
     

    The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an integral part of the mainstream financial system, with Saudi Arabia at the forefront, Ernst & Young executive said Wednesday at the opening of “The World takaful Conference: Asia Leaders Summit (WTC: ALS 2012)” at Hotel Istana, Kuala Lumpur. South East […]

     
  • Jadwa Chartbook June 2012: Sectoral Performance
     

    Riyadh-based Jadwa Investments recently released its June, 2012 Saudi ‘Chartbook’ which includes updates on the Saudi economy, trade, oil metrics as well as assessments of various sectors including banking, trade, and sectoral performance. Below is a snapshot of Jadwa’s analysis of the performance of Saudi Arabia’s main economic sectors. For the full Jadwa report, click […]

     
  • In Major Shift, Saudi Aramco Dabbles in Oil Trading
     

    Saudi Arabia has long been a dominant force in global oil markets, “but has never been an oil trader.” That changed on January 1st, 2012, when Saudi Aramco began operations at Aramco Trading, a wholly owned company subsidiary. The new Aramco Trading marks an expansion in Aramco’s downstream investment portfolio in the Kingdom and overseas, […]

     
  • Riyadh among lowest risk cities in Mideast
     

    Riyadh is among the lowest risk cities in the region, with a rating that puts it ahead of international business hubs such as Milan, Lisbon, Istanbul and Moscow, according to the findings from the 2012 People Risk Index, created by Aon Hewitt, the global human resources business of Aon plc. The Aon Hewitt 2012 People […]

     
  • Jadwa Chartbook June 2012: Trade
     

    Riyadh-based Jadwa Investments recently released its June, 2012 Saudi ‘Chartbook’ which includes updates on the Saudi economy, trade, oil metrics as well as assessments of various sectors including banking. Below is a snapshot of Jadwa’s analysis of Saudi imports and exports and letters of credit. 

     
  • The Middle East fights the Flame, but virus spreads anyway
     

    Two years ago there was Stuxnet, a virus that targeted Iranian uranium-enrichment infrastructure. Now Flame, a mutating piece of malware, is continuing to spread, infecting more than 1,000 Windows-powered computers across the Middle East. It’s centered on Iran, but has also spread to Israel and Palestine, Saudi Arabia, Syria, and even Sudan. Flame is a huge virus — 20 megabytes […]

     
  • Wider world opened to Saudis studying abroad
     

    Wearing the black face-covering veil favoured by Saudi women, Maha Mazyad looked through leaflets for prospective jobs with some of the Islamic kingdom’s largest companies at a recent career fair in Riyadh. A few years ago she would have worried about the disapproving reaction of friends and parents to the notion of a young woman […]

     

MUST-READS

  • Continued Fighting in Gaza and Ongoing Peace Talks

    The Israel Defense Forces (IDF) are continuing to push further into Rafah, where Israeli Prime Minister Benjamin Netanyahu has declared his intention to eliminate four Hamas battalions operating from the area. Israel reports that in parts of eastern Rafah, its troops have been dismantling tunnel shafts and rocket launchers belonging to Hamas.

  • Secret Hamas Files Show How It Spied on Everyday Palestinians

    The Hamas leader Yahya Sinwar has for years overseen a secret police force in Gaza that conducted surveillance on everyday Palestinians and built files on young people, journalists and those who questioned the government, according to intelligence officials and a trove of internal documents reviewed by The New York Times.

  • The A.I. Kingdom Rises: Inside Saudi Arabia’s Ambitious Journey to Reshape the Global Tech Landscape

    Mohammed Bin Salman Nonprofit City is a testament to Saudi Arabia's commitment to diversifying its economy and becoming a global leader in artificial intelligence and innovation. By investing in cutting-edge facilities, fostering partnerships, and empowering the youth, the city is poised to play a significant role in reshaping the global tech landscape in line with the kingdom's Vision 2030 blueprint.

  • Why are So Many Iranians Seemingly Indifferent to the War in Gaza?

    Forty-five years after the revolution that saw the Shah dethroned, there has been a significant shift in Iranian public opinion. While the Islamic Republic is considered the primary state enemy of Israel, the Palestinian-Israeli conflict does not appear to be a priority for the Iranian public, including various opposition groups, students, and intellectuals. This is reflected in the slogan “No to Lebanon, no to Palestine, my life only for Iran,” which appeared in 2009 during the Green Movement that followed fraud-tainted Iranian elections.

  • Independent UN experts say radical Saudi Arabia scholar held for years should be tried or released

    Al-Hawali, now in his mid-70s, was cited specifically by bin Laden in his 1996 declaration of war on the United States as one of the clerics detained by the kingdom purportedly on the order of the Americans.

    The U.N. Committee on the Rights of Persons with Disabilities called for al-Hawali's release, saying ailments from strokes he suffered in 2005 and 2006 have made it difficult for him to speak or care for himself.

  • Al-Jadaan: Saudi Arabia is approaching goals of Vision 2030 in job creation

    “Our non-oil revenues exceeded our expectations. We aim to increase the role of the private sector in the employment process,” he said while noting that the Kingdom’s gross domestic product (GDP) has increased by more than 15 percent since the launch of Vision 2030. Al-Jadaan said that the global economy faces serious challenges. He noted that spending at a time of global inflation results in increased costs of projects, saying that this further fuels inflation and overheats the economy. The minister said that Saudi Arabia is in a position to reshape the Gulf region’s overall economy.

  • Al-Khateeb: Saudi Arabia has become a global hub for innovations with SR800 billion investments

    Saudi Minister of Tourism Ahmed Al-Khateeb said that Saudi Arabia has become a hub for innovations around the world with investments reaching SR800 billion. In his speech at the inaugural session of the GREAT FUTURES initiative conference at King Abdullah Financial District in Riyadh on Tuesday, he said that the Kingdom has witnessed a robust growth with regard to the issuance of tourist licenses by about 90 percent. “This vital sector contributes 5 percent of the gross domestic product,” he said. GREAT FUTURES is one of the initiatives of the Saudi-UK Strategic Partnership Council, co-chaired by Crown Prince and Prime Minister Mohammed bin Salman and British Prime Minister Rishi Sunak.

  • Commentary: Divergent Saudi-Emirati Agendas Cripple Yemen’s Presidential Leadership Council

    The PLC was established in April 2022 with a dual mandate: to lead the internationally recognized government of Yemen and to unify anti-Houthi factions against their common adversary. The eight-member council is chaired by former interior minister and deputy prime minister Rashad al-Alimi. The UAE and  KSA are the PLC’s main backers, but their different agendas and approaches constrain the council’s operations.

  • Saudi FM: Israel’s war on Gaza has weakened credibility of international bodies

    Saudi Minister of Foreign Affairs Prince Faisal bin Farhan said that the Israeli occupation forces’ ongoing aggression and violation of all international laws and norms in the Gaza Strip has exacerbated the scale of the humanitarian catastrophe and weakened the credibility of the rules of the international law and its institutions.

    He made the remarks while chairing the meeting of the Arab foreign ministers, preparatory for the 33rd Summit of the Arab League, which will be held in Manama, Bahrain on Thursday.

  • Bahrain signals willingness to join Arab multinational force in Gaza, US official says

    Bahrain has signalled its willingness to be a member of an Arab multinational force that would administer security in Gaza once Israel ends its war on the embattled enclave, a US official familiar with the Biden administration's plans for the region has told Middle East Eye. US officials have made several overtures in recent weeks to see if Bahrain would be a member of the force that will fill the security vacuum in Gaza until a Palestinian governing authority can be formed, the US official said on condition of anonymity as he was not authorised to speak to the media. Manama has said it wants to take a bigger role in post-war Gaza's governance, pointing to its position as the fourth country to normalise ties with Israel in 2020 as part of the Abraham Accords agreements, the official said.