For a long period of time, Saudi Arabia’s wealth has come mainly from oil production in the eastern part of the Kingdom. With proven reserves of oil estimated at 267 billion barrels, Saudi Arabia can…
The Kingdom of Saudi Arabia has been able to overcome the natural obstacles that stand in the way of achieving food security for its people. It adopted integrated strategies and plans that bring…
“A few weeks ago, there was a miscommunication with the Zakat, Tax and Customs Authority (ZTCA) regarding my company’s tax return, which led to a problem with the authority. I called the point of…
Amin AbulEnein, 70, stands inside his 69-year-old shoe factory in downtown Cairo training people how to make a distinguished shoe.
AbulEneinis the owner of Babel Shoe Factory which dates back to…
Since 2005, Amazon has changed how virtually every American shops. That February, the company launched Prime, the first-of-its-kind, lightning-fast subscription delivery service that now has an…
At the end of July, Saudi banks posted their results in the second quarter for the current year (April through June 2021). The Q 2 earnings are 10 times the ones achieved in the same period last year…
It took the Turkish-backed Syrian National Army (SNA), which is a Syrian armed group that opposes President Bashar Assad’s regime but supports the Turkish President Recep Tayyib Erdogan, more than…
In a dramatic move for global efforts to combat climate change, the European Union couple of weeks ago laid out an ambitious proposal to transition away from fossil fuels. Brussels’ announcement…
Standard Chartered Bank, a British banking and financial services company founded in 1969, started operation of its first branch in Riyadh, Saudi Arabia, around the middle of last May.
The Saudi…
Last month, Robert Breedlove - nicknamed "The Philosopher "- stood alone against the Bitcoin community. The battle was very fierce against him, while he was subjected to insults and sharp criticism…
Disruption in the Hormuz can have major implications for global trade, but it also creates opportunities for smaller nations like Iran to become global political players
The Iraq war was viewed as disastrous in retrospect, while the Iran war was unpopular from the get-go. Al Majalla highlights the similarities and differences between the two.
Pipelines have a chequered history in the Middle East, but the closure of the Strait of Hormuz has led US Tom Barrack to conclude that a new route through Syria could solve some problems.