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Saudi tops in job creation in GCC
The Gulf region continued to create jobs despite the impact of Arab Spring in 2011 with the regional powerhouse Saudi Arabia topping the list followed by Qatar and Oman, according to a new survey. The oil and gas industry, healthcare and retail sectors enjoyed the largest headcount expansion in 2011, while banking and construction fared the […]
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Chart of the Day: A Short History of 200 Years of Global Energy Use
If you want to tell the story of worldwide energy consumption over the past 200 years, you need three chapters. Chapter 1: The Coal Age. Chapter 2: The Oil Age. Chapter 3: The China Age. In the early days of industrialization, the use of biofuels such as wood declined as the West learned to live […]
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Saudis Increasing Riyadh Water Supply
With the bulk of Saudi Arabia’s drinking water coming from desalination plants, the country’s sky-rocketing population growth puts enormous demand on water supply. Arab News reports that a new desalination plant in the Eastern Province is gearing up to go online. When it is producing, it will nearly double the amount of water flowing into […]
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Internet in the Middle East Still Short of Its Potential
Last week’s third ArabNet conference for digital entrepreneurs in the MENA region was, by the standard of these things, a modest affair. But nonetheless it showed how the regional digital economy has grown, and how it is poised to take off. As one commentator said: “Jordan for the talent, Lebanon for the creativity, Egypt for […]
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Saudi to maintain oil supply if U.S. draws stocks
Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said. U.S. Secretary of State Hillary Clinton on Saturday in Riyadh sought an assurance from Saudi King Abdullah that the kingdom […]
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Hillary Clinton: Time running out for diplomacy with Iran
U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April. With speculation over a possible U.S. or Israel military attack adding urgency to the next round of discussions […]
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Water Brings Green to Saudi Arabia
Over the last two-and-a-half decades, a series of NASA’s Landsat satellites have captured these pictures of the growing agriculture industry in the northern reaches of the Syrian Desert in Saudi Arabia, not far from Jordan. Farmers use a technique called center-pivot irrigation to bring up water from below the desert floor to grow wheat and […]
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U.S. Might Have More Oil Than Saudi Arabia, But…
People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to be produced if bureaucrats will simply stop blocking development. In fact, in a recent debate between Republican candidates contending for Gabrielle Giffords’ recently vacated House seat, one candidate […]
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Five short stories from World Energy Outlook
The IEA’s World Energy Outlook (WEO) is an annual tradition, the result of much work, data analysis and presentation. A formative volume is produced for all to read and digest, but few of us have the time to do so in the detail required. As such we rely to some extent on IEA presentations and summary documents. […]
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Saudi Arabia will act to lower soaring oil prices
In an op-ed in the Financial Times, Ali Al Naimi writes, “High international oil prices are bad news. Bad for Europe, bad for the US, bad for emerging economies and bad for the world’s poorest nations. A period of prolonged high prices is bad for all oil producing nations, including Saudi Arabia, and they are […]
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Saudi Arabia welcomes Palestinian state recognition by three European countries
“The Kingdom appreciates this decision issued by these countries, which confirms the international consensus on the inherent right of the Palestinian people to self-determination,” the ministry said in the statement. The expected decision by Norway, Ireland and Spain was announced Wednesday morning with the formal recognition being made on May 28, infuriating Israel.
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Saudi Arabia bans imports from 20 automakers
The Saudi Standards, Metrology and Quality Organization and the Saudi Ports Authority also known as Mawani banned 20 automakers’ products. The decision was made after the automakers failed to submit their supply plan for the current year 2024 within the allotted time. Until these automakers submit their supply plan for 2024—which they can submit no later than the end of this year—Saudi car agents will be temporarily prohibited from importing new light vehicles, weighing no more than 3.5 tons, from these manufacturers.
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Commentary: A fateful road not taken – Netanyahu seems set to spurn Saudi normalization
As the Biden administration makes clear it is closing in on a wide-ranging agreement with Saudi Arabia, the fear is that this may be a “road not taken” moment for Israel and that a fateful opportunity for normalization with Riyadh will be missed. The Israel-Saudi element of a deal, the US has conveyed to Israel, requires an Israeli commitment — not to a Palestinian state at this stage, but to a credible “pathway” to Palestinian independence. Prime Minister Benjamin Netanyahu is apparently refusing to promise any such thing.
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Saudi Arabia prepares to welcome thousands of gamers for Esports World Cup
Saudi Arabia is getting set to put its stamp on the global gaming market this summer when it hosts the Esports World Cup over eight weeks in July and August. Boulevard Riyadh City will be the venue for the competition’s debut from July 4 to Aug. 25. More than 2,500 players are expected to compete for a $60 million prize pool, the largest in esports history.
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GACA to rope in 3 global players to operate Saudi airport private lounges by 2030
The General Authority for Civil Aviation (GACA) aims to have three global companies enter the Saudi aviation market to operate in private lounges by 2030, as outlined in the public aviation roadmap issued at the Future Aviation Conference (FAF) 2024, said Imtiyaz Manzary, Director General (General Aviation) at GACA.
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Recognitions of Palestinian statehood are a rebuke to Israel, if a largely symbolic one.
Scores of countries have recognized Palestinian statehood, but the closely coordinated announcements by the three nations carried added weight amid the growing toll of the war in Gaza, and because most Western European countries, and the United States, have resisted taking such a step out of solidarity with Israel.
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At Gulf Cooperation Council, U.S. Participates in Maritime, Missile Defense Working Groups
The U.S. last participated in talks with the GCC in February 2023. During today's discussions, representatives from the Joint Staff, U.S. Central Command, Naval Forces Central Command, Air Forces Central Command, the Missile Defense Agency, and the Defense Security Cooperation Agency are participating in two working groups, including one on maritime security and the other on air and missile defense.
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U.S. Says Historic Israel-Saudi Normalization Deal Within Reach but Israel Might Balk
“The Saudis have been clear that [normalization] would require calm in Gaza and it would require a credible pathway to a Palestinian state,” Secretary of State Antony Blinken told the Senate Foreign Relations Committee Tuesday. “It may well be that in this moment Israel isn’t able or willing to proceed down that pathway.”
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Kuwait Faces an Uncertain Future After Legislature is Suspended
For the past six decades, Kuwait has stood out as among the freest and open Arab states of the Persian Gulf, centered on the country’s 1962 constitution and its vibrant, elected National Assembly. The Assembly’s broad powers, including the ability to interpolate appointed ministers, have enabled the body to serve as a forum for holding the government accountable. Legislative and quasi-legislative consultative assemblies in the other Gulf states were established far more recently and have significantly less scope of authority than Kuwait’s parliament.
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Who Replaces Iran’s President Raisi? It’s the Wrong Question
The rise of Raisi, an ally of Khamenei, was part of a broader strategy to consolidate power among hardliners and ensure the regime's stability. His election in 2021, amid record-low turnout and allegations of rigging, signaled that the ruling apparatus no longer saw elective offices as necessary pressure valves for a discontented populace. This strategy held even during the intense protests following the death of Mahsa Amini in 2022, which saw brutal crackdowns ordered by Raisi. Often called the "Butcher of Tehran," Raisi was known for his harsh crackdowns on dissent and his role in the mass executions of political prisoners in 1988. His death throws a wrench into the hardliners' plans and raises questions about the future leadership of Iran.
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