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Saudi Research and Marketing Group Hires Two Goldman Bankers as Execs, Looks to Expand
Saudi media powerhouse Saudi Research & Marketing Group (SRMG) hired two bankers from Goldman Sachs Group Inc. in the Gulf in a bid to to bolster its regional and global presence, according to a report in Bloomberg.
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Future Investment Initiative Conference Opens with Impressive Virtual Platform for Distance Participation, Audience
Saudi Arabia’s annual flagship investment conference, the Future Investment Initiative, began today with both in-person and remote participation from speakers and audience on an impressive digital platform built to expand engagement in the conference around the world.
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In Rare Televised Appearance, Crown Prince Mohammed bin Salman Launches ‘The Line’, a Zero-Carbon Emissions City at NEOM
In a rare televised appearance on Sunday, Saudi Arabia’s Crown Prince Mohammed bin Salman unveiled ambitious plans for a new carbon-free city at NEOM, in the Kingdom’s northwest along the Red Sea.
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Energy Minister Prince Abdulaziz bin Salman: New Saudi Cut Is ‘Commercial Choice, Not Political’
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman called this week’s surprise oil output cut for February and March a “wonderful present” for the oil industry and will affect both domestic sales and exports, and said that the choice for a cut was commercial and not political.
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After Summit Agreement, Saudi Arabia’s Crown Prince Extends Saudi Hospitality to Visiting Qatari Emir
This week, Saudi Arabia and other GCC nations buried the hatchet with neighboring Qatar after a diplomatic standoff that lasted over three years. The two sides, working toward a fresh start in recent weeks, finalized the end of the feud at Tuesday’s 42nd GCC Summit in Saudi Arabia, reuniting to once again reinvigorate trade between […]
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Crown Prince Mohammed bin Salman, Other Top Saudi Officials Get Vaccinated Against Coronavirus
Crown Prince Mohammed bin Salman and top Saudi officials have begun receiving their first dose of the Coronavirus vaccine, imported to the Kingdom earlier this month and rolled out on December 17th, according to the Saudi Press Agency. Wearing a black thobe with his left arm bare to receive the shot, the Crown Prince made a point to ensure […]
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Saudi Arabia, Qatar Near Deal to End Three Year Rift — Report
Saudi Arabia and Qatar are nearing a “preliminary deal” to end a three-plus year rift between the two Gulf nations, according to Bloomberg.
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Saudi Aramco, Shell & AMG Recycling B.V. Sign Agreement to ‘Maximize Value of Natural Resources’ in Kingdom
Saudi Aramco and Amsterdam-based Shell & AMG Recycling B.V. signed a memorandum of understanding this week to “evaluate the feasibility of creating a venture in support of Saudi Arabia’s vision to maximize value from its vast natural resources,” the companies said in a press release this week. The two companies will explore the potential ability for Saudi Aramco to […]
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Yemen’s Houthis Increase Attacks on Saudi Arabia’s Oil Facilities, Assets as Kingdom’s Leaders Urge UN Action
Yemen’s Iran-backed Houthi militia claimed responsibility for another brazen missile attack on a Saudi Aramco oil facility on Monday, leaving no one injured but a fire that raged for 40 minutes, according to reports.
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Saudi Crown Prince Mohammed bin Salman Releases Rare Statement on Economic Reforms, Security
Saudi Arabia’s Crown Prince Mohammed bin Salman released a rare statement on the ongoing economic reforms in Saudi Arabia and took a firm stance against any threats to the Kingdom, as Saudi Arabia battles dual crises in the Coronavirus and lower oil revenue.
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MUST-READS
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Perspective: From revolutions to rapprochement – The end of the ‘2011 era’ in the Middle East?
Though ideologically inconsistent, the key feature of all these states’ actions was a growing rivalry with governments in the other blocs in reaction to their Arab Spring policies. Some of these rivalries were pre-existing but amplified by post-2011 events, such as Saudi Arabia and the UAE’s tensions with Iran, but some were newer, notably Riyadh and Abu Dhabi’s clashes with Ankara and Doha
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Why Is Saudi Arabia Paying Top Football Players Like Ronaldo, Benezma?: Video
On this episode, we speak with Michael Caley and Mike Goodman, co-hosts of the Double Pivot Podcast, to discuss the big business of football and why turning a profit is not always the primary goal.
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Saudi Arabia is quietly changing its textbooks. Could that lead to acceptance of Israel?
A report released last month from the Israel- and London-based Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-se), which mainly monitors how Israel and Jews are portrayed in education texts, found “almost all examples portraying Christians and Jews in a negative manner” were removed from the latest Saudi textbooks, building on trends seen in previous years.
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Can Iran’s march to nuclear statehood be halted?
After its scientists examined the particles, the IAEA made a finding that would shock the outside world. The uranium in the dust was enriched to a purity of up to 83.7 per cent, by far the highest level detected in Iran. The finding suggested Tehran was closer than ever to having the capacity to produce nuclear weapons. It was the latest evidence of just how far Iran’s nuclear programme has advanced since the US under President Donald Trump unilaterally pulled out of the accord Tehran signed with world powers, known as the JCPOA, in 2018.
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Bubble or boom: Is the Saudi Pro League a new Chinese Super League… or a new IPL?
“Turn on your headsets, please, and think about the Saudi Pro League in 2023. Got there? Good. Now, today’s thought symposium is about why it became the new…” Chinese Super League? As in the best example of a sporting financial bubble in the 21st century. So far. Or the Indian Premier League? As in cricket’s IPL, the most successful sports property to be launched in the 21st century. So far.
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Saudi Arabia is quietly changing its textbooks. Could that lead to acceptance of Israel?
Textbooks in Saudi Arabia have been changing. For years, researchers have been observing a gradual moderation on subjects ranging from gender roles to the promotion of peace and tolerance. Among the changes raising attention recently, in light of reports that the United States is trying to pave the way toward normalization between Saudi Arabia and Israel, are edits related to Jews, Christians and the Israeli-Palestinian conflict. A report released last month from the Israel- and London-based Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-se), which mainly monitors how Israel and Jews are portrayed in education texts, found “almost all examples portraying Christians and Jews in a negative manner” were removed from the latest Saudi textbooks, building on trends seen in previous years.
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Saudi Arabia is quietly changing its textbooks. Could that lead to acceptance of Israel?
Textbooks in Saudi Arabia have been changing. For years, researchers have been observing a gradual moderation on subjects ranging from gender roles to the promotion of peace and tolerance. Among the changes raising attention recently, in light of reports that the United States is trying to pave the way toward normalization between Saudi Arabia and Israel, are edits related to Jews, Christians and the Israeli-Palestinian conflict. A report released last month from the Israel- and London-based Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-se), which mainly monitors how Israel and Jews are portrayed in education texts, found “almost all examples portraying Christians and Jews in a negative manner” were removed from the latest Saudi textbooks, building on trends seen in previous years.
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Why Saudi Arabia, UAE banned release of new Spider-Man movie?
According to Saudi Cinema, which is run by the General Commission for Audiovisual Media, Spider-Man will not be released in some parts of the Gulf region as it ‘contradicts the content controls in force’, reports Unilad. While the reason for the ban is unknown, many speculate that it has to do with the brief appearance of the pro-trans flag, with many fans speculating that Gwen’s character is transgender.
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Perspective: Why does Saudi Arabia want a ‘nuclear Aramco’?
As part of this proposed nuclear project, the Saudis invited the Americans to jointly manufacture and monitor uranium enrichment capabilities – a must for the production of nuclear fuel used in power generating reactors.
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Faith and fortune: Why are footballers going to Saudi Arabia?
During his official unveiling press conference, when asked why he chose the Gulf kingdom, Benzema said: “Well because I am Muslim and it’s a Muslim country. I’ve always wanted to live there.” He said that his family was excited to move to Saudi Arabia, home to Islam’s two holiest sites in Mecca and Medina, and that he had already performed the Umrah religious pilgrimage in the country twice. “[The move] will allow me to have a new life. I would like to learn Arabic and speak fluently,” Benzema, who is of Algerian heritage, added. “I’ve already been to Saudi Arabia, Mecca is very close and as a believer it’s important for me. This is where I will feel at my best and in my element.”
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