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MUST-READS
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The Riyadh Summit Saves the GCC from Disintegration
These commitments will constitute a qualitative shift in Qatari policy when it is implemented, and will have a major impact on Qatar's position in the region and the Gulf and Arab perception of the Qatari leadership. It is no secret that Qatari policies prior to Sheikh Tamim bin Hamid's tenure following the abdication of Sheikh Hamad have been the source of controversy, anger, and reproach, causing much accusations in the direction of Doha.
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OPEC Cut Seen Limited as Saudis Prioritize Sales: BofA report
OPEC may cut its production ceiling by no more than 500,000 barrels a day next week as Saudi Arabia prioritizes sales volumes over halting a collapse in prices, according to Bank of America Corp.
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Saudi’s new $10bn high-speed rail network to run 7 services an hour
A total of 19,600 passengers are predicted to use the network each hour, with an estimated 6.2 billion passengers in its first 12 years. The 450km project – part of the kingdom’s multi-billion dollar infrastructure development pipeline – is budgeted to cost SR37.5 billion ($10bn) but is running two years behind schedule.
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Car drifting championship to kick off in Saudi Arabia
Saudi motorsport developer Abdullah Bakhashab has announced the launch of Saudi Star Drift Championship under the supervision of the Saudi Arabian Motor Federation. The championship consists of four rounds to be held all over the Kingdom. The first round of the championship will take place at King Abdullah Adventure Park at Al-Shoabah in Al-Ahsa province on Nov. 21. The second round will be held at Al-Khohar Cornich, opposite Fouad Center on Dec. 5.
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Opinion: Despite some western perceptions, Saudi women are on a roll
Contrary to the western perception that Saudi women are under the thumb of a patriarchal society, there are some things that can’t be ignored. Take, for instance, a recent government study that found that Saudi women have more than $100 billion in ready cash lying around in banks. That’s up from $62 billion in 2004.
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Saudi Aramco’s Oil Resources To Grow To 900 Billion Barrels By 2025
Aramco's CEO Khalid al-Falih said in January the company is "targeting to increase average recovery rates from our oil reservoirs by 20 percent which could add 160 billion barrels of additional reserves. That's more than the current reserves of the United States, Russia, China, the UK and Brazil combined."
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The Top 5 Foreign Policy Lessons of the Past 20 Years
Assuming governments are capable of learning from experience (and please just grant me that one), then what kernels of wisdom should they be drawing on right now? What do the past 20 years or so reveal about contemporary foreign-policy issues, and what enduring lessons should we learn from recent experience?
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Hezbollah in a Time of Transition
The Syrian conflict is transforming Hezbollah. A movement that long claimed to transcend sectarianism is now the longest pole in the Syrian regime’s tent, and has become a bogeyman to the region’s Sunni community. At the same time, Hezbollah’s deep involvement in the Syrian civil war has damaged its position in Lebanon and even led to questions within its Shi’ite base. The conflict with Israel, while still a focus of rhetoric, has faded to the background.
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National Water Plans $1.1 Billion of Saudi Infrastructure
Saudi Arabia’s largest water supplier is planning 4 billion riyals ($1.1 billion) of infrastructure projects in the desert kingdom for early next year.
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Chinese and Saudis lead foreign student surge at U.S. colleges and universities
There were 886,052 foreigners enrolled in U.S. higher education in the 2013-2014 school year, the Institute of International Education and the State Department said in a report called “Open Doors.” The total rose more than 66,000 compared with 2012-2013, the eighth straight year of growth. Chinese students make up 31 percent of foreign enrollment, the largest single bloc. Their total grew 17 percent, to about 274,000. The number of Saudi students grew 21 percent, to nearly 54,000. Saudi Arabia now ranks fourth as a student exporter to the United States.
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