News-2013-05-23

May 23, 2013

SBRIS Daily News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC/

IMF Review Hails Saudi Economy, Global Energy Role

May 22, 2013

This month an IMF team met with Saudi officials for this review and concluded that, as they did last year, the Kingdom’s economy was in very good shape, “The fiscal condition is very strong.”

First Saudi Woman Tops Everest

May 22, 2013

“The first ever Saudi woman to attempt Everest has reached the top!! Bravo Raha Moharrak. We salute you,” came the Tweet from @EverestArabs on Saturday as Raha Moharrak was on top of the world.

Analysis | Saudi Arabia Inflation Report – Apr 2013 – Jadwa

May 19, 2013

The Central Department for Statistic and Information (CDSI) released Consumer Price Index (CPI) inflation data for April, showing prices slightly rising to 4 percent year-on-year compared with 3.9 percent in the previous three months.

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Muslim Schindlers – Mulhim

May 17, 2013

For your consideration here is today’s column by Abdulateef Al-Mulhim who writes regularly for Arab News. In it he writes about the need for understanding and cooperation between Jews and Muslims through the lens of history — the efforts of Muslims to protect Jews during the Holocaust.

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Energy, Education and Economic Development – Al Naimi

May 15, 2013

“We are also using energy revenues to invest in our most important asset: people. We are investing in schools and universities, and we are trying to give our young people the skills they will need to compete in the 21st century. Again, it will not happen overnight, but we are making progress. “

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Lessons from Ten Years of Fighting Al Qaeda Terror in the Kingdom

May 14, 2013

Ten years ago yesterday, the Saudi capital, Riyadh, was rocked by three near-simultaneous suicide bombings at housing compounds for expatriates. Over 30 people died and 160 were injured in what was, and remains, the deadliest terrorist attack in the kingdom’s history. The bombing came as a shock to most Saudis and robbed the country of its relative innocence as far as internal violence was concerned.

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UK-GCC Economic Ties Strengthened

May 11, 2013

The UK economy, though still struggling to recover from the effects of the global economic crisis in 2008-09, bolstered its trade and investment ties with the GCC countries.

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Commentary | What Does the “Shale Gale” Mean for Saudi Arabia – Mulhim

May 11, 2013

For the past few months I have been hearing many people from all over the world talking about shale oil. We hear the talk about this kind of oil as if it is being discovered on a faraway planet and energy companies are racing to get to it first.

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Empowerment, Entrepreneurship and Education : A Conversation with Munirah Alghamdi

May 6, 2013

The constant and important work to build bridges and develop human resources has been a focus of government agencies, businesses, student groups, associations, informal arrangements and others, in an effort to strengthen Saudi-American ties. One example has been a program called, “Fostering the Next Generation of Women Leaders,” which brought together 25 women from across the Middle East for seminars and visits in Washington and Abu Dhabi.

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First Saudi F-15SA Fighter Jet Rolled Out at Boeing

May 3, 2013

The landmark arms sale intended to modernize and boost Saudi Arabia’s air combat capability reached another milestone this week with the roll out of the first F-15SA fighter jet. The aircraft is one of 84 F-15s in the package meant to upgrade the Kingdom’s air force.

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Saudi Arabia’s New Foreign Policy Doctrine in the Aftermath of the Arab Awakening

May 1, 2013

There are few public figures who can speak authoritatively of the inside assessments and policy making deliberations in the House of Saud as former Ambassador to the United States Prince Turki Al-Faisal. Over the years Prince Turki, who served as Director of the Kingdom’s main foreign intelligence service from 1977 to 2001, has frequently shared insights and perspectives on critical strategic thinking within the Saudi Royal Family. Although he is not currently an active official in the government he has come to be counted upon to provide background, context and authoritative accounting of policies and positions that are opaque among the usually bland news releases and press conferences.

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