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In Wide-Ranging Interview with Local Paper, Alwaleed bin Talal Discusses Path to Success
Saudi Arabia’s Prince Alwaleed bin Talal gave his first interview with a local Saudi paper in eight years, according to the Saudi Gazette, and the billionaire discussed his path to business successes, how he spends his time, and national/regional issues of concern. The in-depth interview was revealing of the Prince’s day-to-day business and personal activities. When […]
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IT Spending in Saudi Arabia to Grow $2.7 billion by 2017, Study Finds
A recently released study by Oxford Economics and SAP finds that employers in Saudi Arabia “will need to tailor their approach to talent management for catering to the fast-changing technology landscape,” the Saudi Gazette reports. The report also finds that “IT spending in the Kingdom is increasing at the fastest rate of any country in the Middle East […]
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Saudi Arabia’s Sheikh Ahmad al-Ghamdi Brings Unveiled Wife onto TV to Reiterate Women are Not Required to Wear the Niqab, Sparking Debate, Mufti Response
Saudi religious figure Sheikh Ahmad al-Ghamidi has stoked debate in Saudi society and piqued interest in foreign observers of the Kingdom and advocates of women’s rights, by appearing on Saudi television with his wife to reiterate the acceptability of unveiled women in the eyes of Islam, according to media reports. Al-Ghamidi appeared on “Badria,” a talk show […]
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John Kerry’s Remarks at U.S. Chamber of Commerce Middle East Commercial Center Leadership Dinner
In an energetic and wide-ranging speech delivered to guests attending the Middle East Commercial Center Leadership Dinner on Monday night at the U.S. Chamber of Commerce, Secretary of State John Kerry praised the work of the Center and the development of business relationships between the United States and the Middle East region. Secretary Kerry shared […]
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Smartphone Generation: The Overnight Mobile Internet Revolution in the MENA Region
What is the single indicator related to the online market opportunity in the United Arab Emirates and Saudi Arabia that beats all other developed and developing countries? Just take a look at people in coffee shops, malls, or even at family gatherings, you’ll notice immediately that everyone has a smartphone. To be specific, 74% of […]
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Al-Ahsa Attack Linked to Islamic State, Up to 77 Now Held
Saudi authorities said on Monday the gunmen who attacked Shi’a citizens in the Dalwah village of the Al-Ahsa region in the Eastern Province are linked to the Islamic State group, including several jailed previously over suspected extremist ties. According to comments made by Saudi Arabia’s Gen. Mansour al-Turki, the head of the network operating in […]
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Could a Trans-Asian Railway Further Boost Growing Saudi-China Trade?
China has reportedly “set a comprehensive economic strategy for linking the country to major economic countries in Asia, including Saudi Arabia, through a railway,” a report in Zawya finds, citing a local paper. With Saudi-Chinese trade exchanges reaching $74 billion last year and estimated to soar up to $100 billion in the next five years, the […]
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Legalized Drifting: 4-Round Saudi Car Drift to Begin Al-Ahsa
At long last, one Saudi will be able to claim to be the best drifter in the Kingdom. The Saudi Star Drift Championship kicks off this month for the first time, and will be supervised by the Saudi Arabian Motor Federation. The series will take an otherwise illegal but popular hobby in Saudi Arabia and make it […]
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#FocusKSA: Saudi Student Turned Entrepreneur Walid Abdulwahab On His Experiences Running a Successful Business in the U.S.
In the latest FocusKSA discussion, Saudi-US Trade Group President, Richard Wilson, spoke with Walid Abdulwahab, a recent graduate of the University of Southern California and Founder and CEO of Desert Farms, which produces, markets and sells camel milk and camel milk products to a growing list of U.S. retail outlets. Walid discusses his background, academic experience […]
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Trading Begins Tomorrow on NCB’s ‘Steeply’ Discounted IPO as the Government Eyes Financial Sector Reforms
Trading is set to begin tomorrow on steeply discounted shares of Saudi Arabia’s National Commercial Bank as Saudi Arabia’s capital market regulator will introduce rules for credit rating agencies next September, according to reports. Matthew Martin and Sarmad Khan of Bloomberg quote Asim Bukhtiar, a vice president and head of research at Riyad Capital, as saying […]
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MUST-READS
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The US is the world’s biggest oil producer — so why do we still need to import crude and ask countries like Saudi Arabia for help?
Rystad Energy, a private energy research firm, found in a 2020 analysis that Middle Eastern oil fields have the world’s lowest production cost at $31 a barrel. The U.S. produced oil from deepwater wells was at $43 a barrel, with fracking-produced oil costing $44 a barrel.
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Can the Taliban’s Hassib Habibi Save Afghanistan’s Economy?
In many ways, Habibi is the embodiment of the paradox of today’s Afghanistan, once again run by the Taliban after 20 years of U.S. efforts and occupation. By all accounts, Habibi would fit in at any hip Kabul cafe where his peers quote the Canadian rapper Drake, UFC champion Khabib Nurmagomedov, and tech bro Elon Musk. But he also speaks at length about being called to jihad and his Islamic duty to protect his nation against an infidel occupier.
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ISIS Fighters’ Children Are Growing Up in a Desert Camp. What Will They Become?
Viewed from a helicopter, this enormous camp that holds the wives and children of dead or captured Islamic State fighters was a sea of white tents against the desolate landscape of drought-stricken northeastern Syria. From the ground, the human dimension of this tragedy came into focus. As a convoy of armored vehicles made its way up a dusty road, children emerged to stand at the fence amid garbage. Some waved. One boy, in a faded “Star Wars” shirt, stood with hands clasped behind his back. Another, in an oversize polo shirt, held aloft a star folded from paper.
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Explainer: How much extra oil can Saudi Arabia pump?
A senior source said Aramco could pump another 1 million bpd, on top of the roughly 10.5 million bpd it was then producing, meaning output could not go above 11.5 million bpd.
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Explainer: How much extra oil can Saudi Arabia pump?
Top U.S. energy envoy Amos Hochstein told a television programme on Sunday that major producers with spare capacity are likely to raise output in the coming weeks, based on discussions held during Biden's visit.
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Will the Saudis help the U.S. beat Huawei?
The 5G and 6G technology at the heart of the new U.S.–Saudi partnership could someday power all kinds of equipment. “The intention is to scale it to applications built on 5G which could include, for example, remote management of devices in the energy grid,” said the senior administration official.
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Will the Saudis help the U.S. beat Huawei?
One of the agreements is a cybersecurity partnership between CISA, the FBI and Saudi Arabia’s National Cybersecurity Authority. But the other — a deal between the U.S. and Saudi telecom agencies to foster private-sector collaboration on the rollout of 5G networks — could give the U.S. a boost in its battle with China over the security of next-generation telecom networks.
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Does the US Have Patience for the Middle East Quad’s Geopolitical Differences?
The idea for the I2U2 group originated last October as a way to leverage newfound common ground between Israel and its Arab neighbors in the aftermath of the Abraham Accords. India was looped in ostensibly as a regional economic power, a counterweight to China, and as a link to the original Quad in the Indo-Pacific. In the midst of the Ukraine war, Biden will hope to build consensus within the coalition on isolating Washington’s key geopolitical
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Will reset with Biden end Saudi-Chinese missile cooperation?
Joseph A. Kéchichian, an expert on Saudi Arabia and a senior fellow at the King Faisal Center for Research and Islamic Studies in Riyadh, recalled that senior Saudi officials have repeatedly stated that they will match Iran’s military capabilities. He told Amwaj.media that the discovery of the missile production sites in Dawadami has “confirmed that Riyadh meant what it said.” He added that if Iran were to one day build nuclear weapons, “Saudi Arabia will too.”
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Will return of Iranian pilgrims revive Iraq’s religious tourism sector?
The corona-virus pandemic has dealt a severe blow to Iraq’s religious tourism sector over the past two years. Back in 2020, the Iraqi government faced the same dilemma as other countries when considering measures to curtail the spread of the virus. Baghdad’s decision to close border crossings and sharply limit the entry of foreign nationals was met with consternation at home, particularly from Iraqis whose livelihoods depend on Shiite pilgrims.
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