This week, Saudi Arabia’s Ministry of Commerce and Industry (MCI) issued a press release on the Ministry’s Web Site that authorities had seized over 6,000 counterfeit cellphones. Looking to send a message to would-be counterfeiters and violators of consumer protection … Continue reading
Saudi Arabia has prevailed over friendly Gulf rival Qatar as the “main outside force” supporting the Syrian rebel cause, according to a recent Reuters report. Mariam Karouny reports that Saudi Arabia “has prevailed over its small but ambitious Gulf neighbor … Continue reading
The recently-completed Saudi Sustainable Energy Symposium at the Ritz Carlton Riyadh brought high-level officials and companies together to discuss “a common understanding between all stakeholders” concerning the development of the Kingdom of Saudi Arabia’s sustainable energy program, of which nuclear … Continue reading
Jadwa Investment’s recently released March Inflation Update found that Saudi CPI inflation “maintained the 3.9 percent year-on-year increase for the third consecutive month in March. It slightly increased to 0.3 percent on a monthly basis.” Jadwa notes that in this inflation … Continue reading
Saudi Arabia’s presence at the Hannover Industrial Forum, which took place in Hannover, Germany this week, is worth seeing. The Kingdom constructed a massive pavilion to show off business opportunities in Saudi Arabia and provide a networking platform for visitors of … Continue reading
Saudi Arabia’s King Abdullah Economic City (KAEC) is set to astonish the world when completed, and it is only one of four brand new cities that will be constructed by the Kingdom in the coming years. At a cost of … Continue reading
It’s no secret that Saudi Arabia is a dry place in a particularly arid region of the world. The dearth of water resources in the Kingdom is among its foremost challenges, with some estimates predicting full depletion by 2050 if … Continue reading
The figurative lobby to the Tadawul All Shares Index (TASI), Saudi Arabia’s stock market, is filling up with eager investors. Intrigued by the $387 billion Saudi stock market (three times the UAE bourses combined) and the $727 billion Saudi economy, … Continue reading
UPI.com reports that the first new Boeing F-15SA completed a successful test flight last month in the United States. The report quotes Lt. Gen. C. D. Moore II, the commander of the Air Force Life Cycle Management Center, who said, … Continue reading
Riyadh, Saudi Arabia is a beautiful city – one that is growing and changing at an impressive speed. Yet much of the Kingdom’s capital remains as it has for years. Traditional style housing and buildings, most of which are no … Continue reading
In a thoughtful and thorough examination of Saudi Arabia’s King Abdullah Scholarship program, Richard Lebaron and Stefanie Hausheer write for US News that the scholarship program is paying dividends to both Saudi Arabia and the United States – and that … Continue reading
The recently released March 2013 Saudi Chartbook by Jadwa Investment found strong economic data for January. Consumer spending remained robust, and cement sales were at their largest level on record. However, ten economic sectors were down and five were up … Continue reading
