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The global transition to cleaner fuels is the underlying driver of Saudi Arabia’s Vision 2030 campaign to diversify its economy away from oil. No wonder then that massive clean energy investments are a major component of the country’s development targets. Fizzled attempts...
Oil prices are already up after Washington’s decision last month not to renew Iran sanction waivers and amid signs that few if any shipments are leaving Iranian ports. In an already tightening market, current military tensions are likely to push these prices higher . It is...
The empowerment of women in Saudi Arabia appears to be a classic case of two steps forward, one step back. Despite the unfortunate detention of several women activists, the appointments of Hind al-Zahid and Princess Reema bint Bandar bin Sultan to key positions in the...
Last Thursday, April 25, was the three-year anniversary of Vision 2030 . When it was launched, the immediate goal of Saudi Arabia’s blueprint for economic transformation was to enact necessary, and inevitably painful, structural reforms to Saudi Arabia’s economy and labor...
The announcement that the U.S. will not extend waivers for Iran oil export sanctions beyond May 2 sent oil prices up, though President Trump and Secretary of State Mike Pompeo signaled that Saudi Arabia and the United Arab Emirates would add supplies. The big picture: This...
A spring breeze blew through Riyadh’s Tahlia Street, a main thoroughfare in the Saudi capital packed with young Saudis watching soccer in outdoor cafes. The men were transfixed by the match as unveiled women, dressed in casual Western attire with black robes known as...