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  • Saudi Athletes in London
     

    London 2012 was historic for both Saudi Arabia and the Olympic games. Saudi Arabia sent its first female athletes ever to the Olympics, completing a strong talking point for the games’ organizers: London 2012 was the first time every country competing in the Olympics sent at least one woman. Sarah Attar (800m) and Wojdan Shahrkhani (Judo) […]

     
  • Saudi success in show jumping underscores shift in equestrian order, helps its Olympic future
     

    Saudi Arabia appeared on the equestrian show jumping map in at the Sydney Games in 2000 when Khaled Al Eid won an individual bronze. He qualified for London but had to withdraw in July after his horse, Presley Boy, developed laminitis, a painful inflammation of the hoof. Some had considered the Sydney medal a blip, […]

     
  • Many in GCC Prefer to Get Medical Treatment Abroad
     

    While Gallup surveys show that most GCC residents are satisfied with the availability of quality healthcare in their area, outbound medical care remains an expensive problem for Gulf governments, with the UAE alone spending $2 billion per year to send its residents abroad for treatments. Patients may choose to travel abroad because of poor quality […]

     
  • The Secret History of America’s Thirty-Year Conflict with Iran
     

    A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms are remarkable given their source: David Crist, author […]

     
  • Graph of the Day – Saudi Oil Production Since 2008
     

    Jadwa Investment’s recently released Chartbook for the month of August 2012 found that  the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.

     
  • Saudi students to establish Islamic center at Murray State University
     

    Saudi students at Murray State University in Kentucky have received a license to establish an Islamic center where they can organize cultural and social programs along with observing religious rites. Saudi students had been performing their prayers and Iftar in a rented building in which other Arab and Muslim students participated. The city’s mayor and […]

     
  • Jadwa Saudi Chartbook: Inflation at 10 Month Low
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]

     
  • Obama authorizes secret U.S. support for Syrian rebels
     

    President Barack Obama has signed a secret order authorizing U.S. support for rebels seeking to depose Syrian President Bashar al-Assad and his government, U.S. sources familiar with the matter said. Obama’s order, approved earlier this year and known as an intelligence “finding,” broadly permits the CIA and other U.S. agencies to provide support that could […]

     
  • Jadwa Saudi Chartbook for August 2012: Banking Indicators
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since […]

     
  • ‘There is a large infrastructure boom happening in Saudi Arabia’
     

    Saudi Arabia is spending more than $60 billion on a logistics hub, airport improvement and roads to reduce travel time in the Arab world’s biggest economy. The investments also yielded the largest sukuk, or Islamic bond, offered in the Middle East this year and an initial public offering on the stock exchange in June. “There […]

     

MUST-READS

  • Unless Biden exerts real pressure on Israel, Saudi Arabia will not normalize relations

    The administration’s inability to move Benjamin Netanyahu to focus on hostage release rather than indefinitely prolonging the four-month-old war, outlining a future for Gaza and curbing his extremist ministers’ more outlandish statements regarding that future — or, better yet, just firing them — has increasingly frustrated Riyadh.

  • Saudi Arabia poised for new Aramco share sale -sources

    Saudi Arabia is poised to sell more shares of energy giant Aramco, three people familiar with the matter said, which could boost the country's funding and its aim to wean the economy away from oil. The government has lined up Citigroup, Goldman Sachs and HSBC for the sale, one of the people said, which could take place in the second or third quarter of this year, a second person said. The share sale could raise about $20 billion, according to Bloomberg, which first reported the news.

  • Rystad Energy Analyzes Saudi Arabia’s Pause in Oil Capacity Expansion Amid Market Uncertainty: Implications for Offshore Projects and Supply Stability

    Saudi Aramco’s focus on offshore oil and gas expansion projects, including the Dammam and Berri, Marjan, and Zuluf developments, underscores its commitment to meeting production targets. However, the revised mandate necessitates a reevaluation of future investments, with potential implications for projects like Safaniya and Manifa. The decision also has implications for the composition of Saudi Arabia’s oil mix, as increased offshore volumes are expected to lead to a greater share of heavy grades. This shift underscores the importance of offshore expansion to maintain the country’s overall production levels.

  • Exploring the unseen: Desert X AlUla uncovers beauty of Saudi Arabia’s desert canvas

    Contemporary art finds a gallery amid the dunes of Saudi Arabia’s ancient city as Desert X AlUla returns to the Kingdom for its third edition on Friday. Running until March 23, the event will feature 15 commissioned artworks exhibited under the curatorial vision of Maya El Khalil and Marcello Dantas, with artistic direction from Raneem Farsi and Neville Wakefield.

  • Opinion: Unless Biden exerts real pressure on Israel, Saudi Arabia will not normalize relations

    The Biden administration has for some time sought to dangle the prospect of Saudi recognition of Israel as part of an Israeli-Hamas cease-fire agreement that would also involve the terrorists’ freeing of Israeli hostages. It has been widely assumed that if Riyadh recognizes the Jewish State, it would do so under the umbrella of the Abraham Accords. For its part, the White House has made no attempt to dispel that assumption. Indeed, the administration initially appointed Daniel Shapiro, a former ambassador to Israel, as special envoy for the accords (he has since taken the slightly lower-ranking position as Deputy Assistant Secretary of Defense for the Middle East).

  • Photos: US bolsters regional partnerships at Saudi World Defense Show

    U.S. Air Force personnel assigned to the Air Forces Central Band pose for a photo during the Saudi World Defense Show at an undisclosed location in the Central Command area of responsibility, Feb. 4, 2024. U.S. military participation in the Saudi World Defense Show allows foreign military and civilian decision-makers an opportunity to evaluate and compare U.S. Air Force aircraft in a non-operational and threat-free environment.

  • Saudi Arabia poised for new Aramco share sale -sources

    Saudi Arabia is poised to sell more shares of energy giant Aramco, three people familiar with the matter said, which could boost the country's funding and its aim to wean the economy away from oil. The government has lined up Citigroup, Goldman Sachs and HSBC for the sale, one of the people said, which could take place in the second or third quarter of this year, a second person said. The share sale could raise about $20 billion, according to Bloomberg, which first reported the news. The preparations are ongoing and the details could change, the people said. The government's communication office did not have an immediate comment. Aramco declined to comment.

  • Cease-Fire Emerges as Key to Israeli-Saudi Normalization

    The Biden administration believes it is still possible to broker a historic normalization deal between Saudi Arabia and Israel, but the window for an agreement is closing with fighting still under way in Gaza and the U.S. presidential campaign ramping up. Saudi Arabia won’t agree to move forward until a cease-fire is in place, but talks to halt the conflict have stalled, according to U.S. and Saudi officials. Secretary of State Antony Blinken, who is traveling in the Middle East this week, is pushing a normalization deal in talks with Saudi and Israeli officials, as part of a broader effort to end the Gaza war, isolate Iran, and stabilize the region. 

  • Saudi Arabia’s sovereign fund bolsters ties with private sector at annual forum

    The PIF Private Sector Forum concluded on Wednesday and reaffirmed its commitment to foster strategic partnerships between the private sector Saudi Arabia’s sovereign fund and its portfolio companies. The second edition of forum held in Riyadh was attended by over 8,000 people who include princes, ministers, decision-makers, CEOs, and senior officials from both the public and private sectors.

  • Saudi Arabia’s Visionary Biotech Strategy: Leap Towards Global Leadership

    To reduce dependence on imported drugs, Saudi Arabia is focusing on localizing biomanufacturing. By reinforcing its domestic biomanufacturing platform, the Kingdom seeks to enhance self-sufficiency and facilitate the global export of biologics and biosimilars. The promotion of biosimilars adoption (>60%) is envisioned to make high-quality treatments more affordable and accessible to citizens. Recognizing the pivotal role of genomics in precision medicine, Saudi Arabia plans to expand its national genomic database and analytics platform. This initiative aims to foster research and improve disease prevention, with a strong focus on implementing policies that support genomics research and ensure effective access to genome data for more accurate diagnoses and interventions.