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Newsletter #265

May 11-17, 2008

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In This Issue

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  • What's New on SUSRIS:

  • >>>>President Bush in Saudi Arabia: Oil Output Boost Not Enough to Solve US Demand

  • >>>>President Bush in Saudi Arabia - News Summary

  • >>>>President Bush in Saudi Arabia - National Security Advisor Stephen Hadley Briefing 

  • >>>>President Bush in Saudi Arabia: Agreements Bolster Regional Security

  • >>>>President Bush Visit to Saudi Arabia and the Middle East - Stephen Hadley Briefing

  • >>>>President Bush Visit to Saudi Arabia and the Middle East - CSIS Briefing

  • SUSRIS Special Section - President Bush in the Middle East

  • Keeping Up - Recently on SUSRIS

  • This Week's News - May 11-17, 2008

  • About SUSRIS

 

What's New on SUSRIS This Week

Click here to read about the results of President Bush's visit to Saudi Arabia in terms of oil production from Saudi Arabia.Click for complete item (HTML)President Bush in Saudi Arabia - Oil Output Boost Not Enough to Solve US Demand

 "It is the second time in four months that Saudi officials rejected the president's request to boost overall oil production to drive down U.S. gasoline prices. Saudi Oil Minister Ali al-Naimi says the kingdom did boost output by 300,000 barrels a day last week, but only to make up for declining production from Venezuela and Mexico. U.S. National Security Adviser Steven Hadley says Saudi officials told President Bush Friday they do not believe an overall increase in production would dramatically reduce prices at U.S. pumps.."  [more]

Click here to read a news summary from President Bush's visit to Saudi Arabia.Click for complete item (HTML)President Bush in Saudi Arabia: News Summary

"Saudi Arabia announced a modest increase in oil output on Friday after an appeal from visiting President George W. Bush but the news did little to douse prices that hit a new record earlier in the day. On his second visit to the world's biggest oil-exporter this year, Bush renewed his call for OPEC to increase production amid rising pressure at home to take action as soaring fuel prices weigh on the U.S. economy.."  [more]

Click here to read National Security Advisor Stephen Hadley in Saudi Arabia talking about President Bush's meetings with Saudi Arabian King Abdullah.Click for complete item (HTML)President Bush in Saudi Arabia: National Security Advisor Hadley Briefing

"..I'd like to start, if I can, to say a little bit about some of the strengthening and diplomatic ties between the United States and Saudi Arabia that they were able to witness here today. As we've noted, this is the 75th anniversary of the formal establishment of diplomatic relations between the United States and the Kingdom of Saudi Arabia. And it is certainly fitting that these two leaders were able to reach some understandings and agreements that will further strengthen the ties between the two countries.."  [more]

Click for complete item (HTML)Click here to read about agreements to strengthen regional security, signed during the visit of President Bush to Saudi Arabia.President Bush in Saudi Arabia: Agreements Bolster Regional Security

"..Today, President Bush met with King Abdallah to commemorate the 75th anniversary of formal diplomatic relations between the United States and Saudi Arabia. Since 1933, these two nations have enjoyed formal relations. In 1945, during the waning months of World War II, King Abdallah's father – King Abd al-Aziz – met with President Franklin Delano Roosevelt aboard the U.S.S. Quincy in the Red Sea, and the two leaders chose to deepen the strategic relationship between the two countries. The President's visit today builds on this tradition of friendship and close cooperation.."    [more]

Click here to read a White House briefing on President Bush's May 2008 trip to the Middle East including Saudi Arabia.Click for complete item (HTML)President Bush's Trip to the Middle East - White House Briefing

"The President's visit to Saudi Arabia will mark the 75th anniversary of the formal establishment of U.S.-Saudi relations. Upon arrival in Riyadh, the President and Mrs. Bush will be greeted by King Abdallah. The President will participate in a series of meetings with King Abdallah at the King's private farm.."  [more]

Click here to read Jon Alterman and Tony Cordesman of CSIS talking about President Bush's visit to the Middle East.Click for complete item (HTML)President Bush's Trip to the Middle East - Briefing by Anthony Cordesman and Jon Alterman of CSIS

 "..It’s easy to shorthand the trip to Saudi Arabia and say the president wants to get the Saudis to pump more oil. The U.S.-Saudi discussions are going to touch on Iran, Iraq, Arab-Israeli issues, counterterrorism – I mean, all issues, except for counterterrorism, issues where the Saudis say the U.S. capacity, the U.S. skill, the U.S. trustworthiness in fixing these problems is not something to have a lot of faith in. U.S. is trying to sell arms but can’t really get Congress on board. The Saudis don’t have an alternative to keeping the U.S. in its corner, but their reliance on the United States, their confidence in the United States is extremely shaken, and I think that contributes to Tony’s sense that they’ll be polite, but they’re not really going to put themselves out to help this president. In past years, the Saudis have really put themselves out to help American presidents. We saw what they did in Afghanistan. We saw what they did in Nicaragua. There have been any other number of instances where the Saudis said privately we really want to be your ace in the hole.."   [more]

 

 

Click for complete item (HTML)SUSRIS - Special Section - President Bush in the Middle East - May 2008

A compilation of SUSRIS items, photos, links, articles and more resources to help put the visit of President George Bush to Saudi Arabia into context.     [more]

 
Keeping Up - Recently on SUSRIS
May 9 IOI - Oil's Surge: What's Behind It and What It Means for Saudi Arabia - Brad Bourland
May 2

IOI - Saudi Arabia's Business Confidence

Apr 29

IOI - President Bush to Visit Saudi Arabia in May

Apr 28

Special Report - Saudi Blogger Farhan Released

Apr 26

IOI - The View of the United States in the Arab World

Apr 25

IOI - President Carter Meets King Abdullah

Apr 25

IOI - Views From the Middle East - Public Opinion in the Arab World - Shibley Telhami

Apr 14 IOI - Women's Political Participation in the Gulf - Michele Dunne
Apr 10 IOI - The Saudi Economy: Recent Performance and Prospects for 2008-09 - Office of the Chief Economist of Samba
Apr 8 IOI - Gulf-U.S. Relations: Going Where? - John Duke Anthony
Apr 4 Interview - Exclusive - Saudi Arabia Up Close: A Conversation with World Affairs Councils of America National Board Vice Chair Alex Lari
Apr 3 IOI - Impact of a Weak Global Economy - Brad Bourland
Apr 1 IOI - Why Not Try Diplomacy? - Amb Chas W. Freeman, Jr.
Mar 31 Special Report - SUSRIS Quarterly Report - A Summary of Articles, Interviews and Special Reports from Jan 1-Mar 31, 2008
Mar 31 IOI - Arab Summit Damascus
Mar 29 IOI - Arab Summit Opens
Mar 25 IOI - Security Challenges and Threats in the Gulf: A Net Assessment - Cordesman
Mar 22 IOI - VP Dick Cheney's Visit to Saudi Arabia
Mar 20 IOI - The Arab Summit - Success Measured by Attendance - Rime Allaf
Mar 20 IOI - The Arab Summit - Everyone can brag, nothing will be done - Rana Sabbagh-Gargour
Mar 20 IOI - The Arab Summit - The summit and Lebanon's political future - Oussama Safa
Mar 20 IOI - The Arab Summit - Getting through Damascus 
Mohamed Abdel Salam
Mar 17 IOI - Vice President Cheney to Visit Saudi Arabia on Middle East Trip
Mar 15 IOI - Chain Reaction: Avoiding A Nuclear Arms Race In The Middle East - Report to the Committee on Foreign Relations
Mar 9 IOI - US-Saudi Arabian Relations - US State Department Background Note Update
Mar 7 IOI - The Militarization of Energy Security - Russell and Moran
Mar 6 IOI - The Inflation Alleviation Plan - Brad Bourland
Mar 5 IOI - King Abdullah Appoints Abdullah Zainal Alireza New Minister of Commerce and Industry
Mar 3 IOI - Saudi Arabian Foreign Policies - Saud al Faisal
News This Week - May 11-17, 2008

~~~~~~~~ [ May 17] ~~~~~~~~~

Bush Says Saudi Oil Boost `Not Enough' to Ease Prices [May 17]
"President George W. Bush said Saudi Arabia's decision to raise oil output 300,000 barrels a day is ``not enough' to ease U.S. energy prices and that more domestic oil exploration and refining capacity are needed. '``It's not enough, it's something but it doesn't solve our problem,' .. ..Saudi Arabia, the world's largest oil exporter, said yesterday, while Bush was in Riyadh, that the country's daily output will rise to 9.45 million barrels a day in June. Saudi Oil Minister Ali al-Naimi told reporters the kingdom took the step in response to demands from customers. Oil prices have doubled in the past year on surging demand.." [more]

Palestinians Have the Right to Exist as Well: Saud [May 17]
"..Prince Saud described King Abdullah’s talks with Bush as 'comprehensive, deep and candid.' He said the Kingdom had followed 'with concern' Bush’s speech in the Israeli Knesset. 'All of us realize the special relationship that exists between the United States and Israel and its political dimensions. However, it is also important to confirm legitimate historical and political rights of the Palestinian people according to international law which have been hijacked by Israeli occupation forces.'.. ..'We believe that the right to the existence of one nation does not eliminate the legitimate right to the existence of another nation,'.." [more]

Saudi Market Gets Week Off to Disappointing Start [May 17]
"Saudi Arabia's main index got the week off to a disappointing start on Saturday, with poor performances from banks pulling the benchmark down to a lower close.. ..The benchmark declined 1.21% to 9,664.54 points. The index is down 12.58% this year to Saturday's close, making it the Gulf Arab region's worst-performing measure. Saudi Arabia is the only Gulf market to trade on a Saturday.." [more]

Saudi Authorities Keep Mum Over Detention of Bahrainis [May 17]
"The Bahraini embassy in Riyadh has yet to receive new information about eight Bahrainis who have been held in a prison near Riyadh in a case steeped in secrecy. 'We are following up letters submitted by relatives of the eight detainees to the Bahraini ambassador and the Saudi authorities, but we have nothing new on the case,'.. ..The detention of the detainees, most of whom are teachers, has baffled Bahrain in the absence of formal charges or official explanations from the Saudi authorities. Bahraini officials said they were closely monitoring the case. A Bahraini human rights watchdog last week expressed concern that the detention of eight Shiite Bahrainis in a Saudi jail may be motivated by sectarian tension plaguing the region.." [more]

French Companies Look for Slice in Economic Cities [May 17]
"The French were in town to boost trade ties with the Kingdom through Jeddah Chamber for Commerce and Industry (JCCI) with an eye fixed upon the new mega economic cities planned in the Kingdom. A delegation of French companies which will take part in building the new mega economic cities in the Kingdom recently held talks with the officials at JCCI.. ..These companies will be invited to assess their experience in Jeddah through workshops. These companies have already visited the King Abdullah Economic City in Rabigh, showing interest in investing in the infrastructure of water networks, security, and road construction in the city, Marini said. The two sides have planned to exchange tours within the next few months to finalize more deals.." [month]

~~~~~~~~ [ May 16] ~~~~~~~~~

Bush in Saudi Arabia to Discuss Oil [May 16]
"President Bush, on a one-day visit to Saudi Arabia, is taking a second stab on Friday at getting the oil-rich nation to increase production and drive down the soaring gasoline prices hurting U.S. consumers.. ..the president got a red carpet welcome on the tarmac and was warmly greeted by Saudi leaders as a military band played the U.S. national anthem, slightly off-key. Bush was spending the day with Abdullah at his horse farm outside Riyadh, talking mostly out of public view over three tea services and two meals. The White House says the president's visit is intended, in part, to celebrate 75 years of formal U.S.-Saudi relations. It will mark the conclusion of several agreements, laying out intentions to cooperate on nuclear energy, infrastructure protection and nonproliferation. But the rising price of oil undoubtedly will overshadow the talks.." [more]

US to Help Saudi Arabia Develop Nuclear Energy [May 16]
"The United States said on Friday it has agreed to help Saudi Arabia protect its oil resources and to develop peaceful nuclear energy. Both countries will cooperate in 'safeguarding the kingdom's energy resources by protecting key infrastructure, enhancing Saudi border security, and meeting Saudi Arabia's expanding energy needs in an environmentally responsible manner,' the White House said in a statement. The two countries will sign a memorandum of understanding in peaceful civil nuclear energy cooperation, according to the White House.." [more]

Saudis, US Grapple With Iran Challenge [May 16]
"..Conceivably, the Saudi foreign minister had reason to feel frustrated. The entire Saudi political stratagem in Lebanon has backfired. The Saudi backing for the Foud al-Siniora government's moves to drag Hezbollah into a civil war stands badly exposed. A most awkward detail known to the "Arab street" is that Saudi intelligence and diplomacy was acting hand-in-glove with the United States in the dubious business of emasculating Hezbollah. The ultimate US-Saudi intention was to curtail Hezbollah's dominating stature on Lebanon's political and security landscape.." [more]

Saudi Envoy Calls Beirut Embassy Shooting Deliberate [May 16]
"Saudi Ambassador to Lebanon, Dr. Abdulaziz Khoja has asserted that the shots fired at the Saudi Embassy in Beirut during the past days "was a deliberate action" and ruled out the possibility of 'stray bullets.'.. ..Asked if the shots at the embassy were a "message of resentment" by parties which do not wish the situations to calm down, he said: 'This could be the case. But the question is why this resentment of an action aimed at calming the situations?' He added that he would return to Lebanon soon, calling his recall by the Saudi Government "something normal" and said: 'It is normal to have consultations between the ambassador and his government. I will return to Lebanon.'.." [more]

Exxon Chief Criticizes U.S. Oil Policy [May 16]
"Exxon Mobil Corp. Chairman and Chief Executive Officer Rex Tillerson says he finds it "astonishing" that President Bush is asking Saudi Arabia to pump more oil rather than working harder to clear the way for more oil production at home. In an interview Thursday, Mr. Tillerson called it "terribly upside down" that Mr. Bush would lobby members of the Organization of Petroleum Exporting Countries to boost production when much of the U.S.'s coastal waters remains off-limits to drilling. Mr. Bush, in the Middle East this week, plans to talk with Saudi King Abdullah about raising production and other ways to lower global oil prices.. ..The federal government controls drilling in offshore U.S. waters and is prevented from leasing these areas to oil companies by both a congressional moratorium and a presidential order signed by the first President Bush in 1990 and renewed by President Clinton in 1998. The current President Bush has deferred to the governors of California and Florida, who have opposed offshore drilling.." [more]

Al-Naimi Expects Big Oil Demand From Asia [May 16]
"Petroleum and Mineral Resources Minister Ali Al-Naimi said yesterday that Asian oil consumption was projected to increase by 20 million barrels per day by 2030, accounting for 60 percent of growth in world demand. 'Some 80 percent of this increase in demand will be met by supplies from the Middle East,' Al-Naimi said while delivering a speech at Seoul National University, where he was awarded an honorary doctorate. Al-Naimi said Saudi Arabia was carrying out investment projects, worth $90 billion, to boost oil and gas production capacity as well as refining facilities.. ..The Saudi minister reiterated that financial markets, rather than fundamentals, were influencing current oil prices.." [more]

What Saudi Parents Want [May 16]
"The burning issue here at home is that first, we have a chronic state of unemployment; secondly, our school system is disconnected from the developments of the rest of the world; and thirdly, our general education policies are in direct opposition to those of our higher education ones. So long as we ignore these three facts, we will never be able to intervene in time to compete in the global race for national prominence and prosperity.. ..For decades now, many financially able, law-abiding, patriotic Saudi parents are left with no choice but to bridge this educational gap by sending their children off to foreign countries in pursuit of an education system that will secure them a bright future on their return home. This self-imposed exile is not new. It started some 40 years ago in the 1960s and 1970s when Saudi Arabia had just began its modernization process and schools back then were still a rarity. However today, in spite of the abundance of schools Kingdom-wide, this phenomenon still exists. One wonders why.." [more]

Italian Navy on Jeddah Call [May 16]
"A two-ship Italian naval group paid a three-day courtesy visit to Jeddah this week. The group, commanded by Capt. Giorgio Gomma, consisted of Italian Navy’s first Logistic Support ship the ITS Etna and the offshore patrol vessel ITS Comandante Borsini. The group was returning to its home port of Tarranto after a four-month plus tour of duty in the Gulf, Arabian Sea and the Somali Basin. 'Our tour of duty was part of Operation MEDAL,” said Gomma. He explained that MEDAL was an ongoing plan whose primary objective was to meet and foster cooperation with other navies operating in “the wider Mediterranean sea.'.." [more]

~~~~~~~~ [ May 15] ~~~~~~~~~

Saudi-US Relations Hit Rocky Road [May 15]
"..Bilateral ties between the two countries have rebounded from the nadir to which they sank after Sept 11 2001. And as long as oil and security are top priorities, the long-standing US-Saudi relationship will remain an important one to both. Still, something in the relationship has fundamentally changed during the Bush years, diplomatic and Saudi analysts said. One long-time observer likened it to that of a married couple no longer in love but staying together for the sake of the children. On the Saudi side, these observers said, there is a new lack of trust and confidence, as well as disillusionment with Washington’s refusal to heed Saudi advice. They adamantly opposed the US-led invasion of Iraq and their pleas for the Bush administration to seriously tackle the Israeli-Palestinian conflict has fallen on deaf ears. 'The strength of the bonds between the United States and Saudi Arabia are not what they used to be'.." [more]

Saudi King Abdullah Invites Iran's Rafsanjani to Saudi Arabia [May 15]
"Saudi Arabia's King Abdullah invited former Iranian President Ali Akbar Hashemi Rafsanjani to visit the kingdom later this month, the state-owned Saudi Press Agency reported. The invitation to Rafsanjani to attend an Islamic conference in Mecca was extended because of the former president's ``influence' in the Islamic world, the news agency reported, citing the Saudi ambassador to Tehran Osama al- Sanoosi. ``Disunity in the Muslim world is in the interest of enemies, and Iran and Saudi Arabia can resolve differences in the Muslim world," [more]

Security Beefed Up in EP for Summit [May 15]
"Security has been beefed up in the Eastern Province ahead of the 10th consultation meeting in Dhahran of the leaders of the Gulf Cooperation Council countries (GCC) on May 20. The leaders who are going to meet in Dhahran for the first time at the invitation of the Custodian of the Two Holy Mosques King Abdullah Bin Abdul Aziz will attend the celebration of Saudi Aramco 75th anniversary. President Bush is expected to be present to commemorate the anniversary.. ..Although the consultation meetings are usually held without agenda, the leaders will largely focus on the region’s hot issues especially the current developments in Lebanon, the US efforts to restart talks between the Palestinians and Israelis, as well as the situation in Iraq.." [more]

Saudi Arabia Provides Boost for 30,000 Women and Children in Syria [May 15]
"The United Nations World Food Programme (WFP) today welcomed a donation from the Kingdom of Saudi Arabia of 680 metric tons of dates, worth $605,000, to help feed thousands of vulnerable people in Syria.. ..WFP’s three-year programme in Syria aims to provide food assistance to some 285,000 women and children in marginalized and food-insecure areas of the country, at a total cost of US$6.7 million. Until this latest contribution from Saudi Arabia, the operation was facing a 91 percent shortfall in funding. Saudi Arabia is an increasingly important contributor to WFP operations worldwide. It donated about US$57 million between 2000 and 2007.." [more]

Pact With Saudi on Border Travel [May 15]
"Qatar and Saudi Arabia citizens now just need to show their nationality identity cards to cross the border on either side. The Minister of State for Interior Affairs HE Sheikh Abdullah bin Nasser al-Thani and Saudi Arabia’s Interior Minister Prince Naif bin Abdul Aziz al-Saud signed an agreement yesterday to ease travelling on the border. GCC secretary general Abdulrahman bin Hamad al-Attiyah welcomed the agreement, saying it would revive the trade across the border.. ..The GCC secretary general said that a similar agreement would be signed between Saudi Arabia and Kuwait very soon, which would pave the way to say 'good bye to the passports'.." [more]

Middle East Franchise Market to Grow 25% [May 15]
"The franchise industry in the Middle East is seeing prolific growth as international and local brands look for greater market penetration. Seen as an ideal business model for small to medium enterprises (SMEs), the Middle East’s franchise industry is estimated to be worth $30 billion, with an average annual growth rate of 25 percent. Fuelling this growth is the mammoth retail explosion currently being witnessed across the region, as more and more shopping malls and entertainment centers open up. High-class malls such as Dubai’s Mall of the Emirates have provided the perfect platform for a number of international and regional brands.. ..'The franchise market is maturing in the Middle East and will now  diversify into more services-based franchise systems, where traditionally there has been more focus on the retail and food sectors,'.." [more]

~~~~~~~~ [ May 14] ~~~~~~~~~

US Senators Threaten Saudi Arms Deal Over Oil Prices [May 14]
"A group of Democratic Senators Tuesday threatened to block a multi-million dollar US arms deal with Saudi Arabia, unless the kingdom ups oil production and helps cut soaring gasoline prices. The senators introduced a resolution of disapproval on the arms sale, as President George W. Bush prepared to head for Saudi Arabia, partly on a mission to contain runaway oil prices. 'We are saying to the Saudis that, if you don't help us, why should we be helping you?'.. ..The resolution, expected to be fast-tracked to the senate floor, would prohibit the mammoth arms sale unless Saudi Arabia agrees to increase oil production by one million barrels per day. Schumer, speaking as the price of a barrel of crude oil hit a record 126.98 dollars, said the extra Saudi oil could bring down the price of a gallon of gasoline at the pump by 50 to 75 cents.." [more]

Saudi Arabia: Iran Accused of Backing Hezbollah [May 14]
"The Saudi government accused Iran of backing what it called a coup d’état by Hezbollah fighters in Lebanon. Prince Saud al-Faisal, the Saudi foreign minister, said at a news conference that Iran’s relations with Arab countries would be affected by its support for Hezbollah. President Mahmoud Ahmadinejad of Iran responded that his country was the only one not interfering in Lebanon’s internal affairs.." [more]

Saudi Aramco, Total to Go Ahead With New Refinery [May 14]
" State oil giant Saudi Aramco and France's Total have decided to go ahead with plans to build a new 400,000 barrels per day refinery in Saudi Arabia, Aramco and Total said in a joint statement on Wednesday. The refinery will start up at the end of 2012, the companies said. Aramco will own 62.5 percent of the plant, and Total 37.5 percent. Aramco will later offer 25 percent to the Saudi public, leaving both Aramco and Total with an equal 37.5 percent share in the plant.." [more]

King Breaks Ground for King Saud University for Health Sciences [May 14]
"King Abdullah, Custodian of the Two Holy Mosques, laid the foundation stone of King Saud University for Health Sciences (KSUHS), King Abdullah International Research Center, and Pediatric Hospital on main campus in Riyadh on Tuesday.. ..Saudi Arabia has recently reclaimed the destiny of its higher education amid growing global economic, industrial, and social competitions by setting up more universities across the nation, the last of which was King Abdullah University of Science and Technology (KAUST). Last Oct., King Abdullah inaugurated KAUST to be a leading world class and well-endowed research university, representing a paradigm shift with an intellectual, and organizational innovation to inspire.." [more]

KSUHS Expected to Boost Saudization [[May 14]
"King Saud University for Health Sciences (KSUHS) is expected to boost the number of Saudi medical professionals to a new high within the next few years. President of KSUHS Dr. Abdullah Al-Rabeah, who is also the executive director of health affairs at National Guard, said the King’s orders were clear. He wanted a quality management of the university with select academic elite to serve the Saudi people.. ..At an expected capacity of 17,000 students, the needs of the labor market of medical professionals in the Kingdom will be quickly met, boosting the rate of Saudization in the health care field by 40 percent within the next 25 years, he said.." [more]

Maldives’ First Embassy in Mideast Opens in Riyadh [May 14]
"Minister of State for Foreign Affairs Dr. Nizar Madani and Maldivian Foreign Minister Abdullah Shahid formally opened the new Maldivian Embassy in Riyadh on Monday in an event attended by senior government officials and foreign diplomats.. ..'We chose Saudi Arabia as the first destination to have our foreign mission in the region because the Kingdom, which hosts millions of pilgrims in the holy cities of Makkah and Madinah each year, is not only a leader in the Muslim world but also as a strategic hub,' the minister said, pointing out that the Maldives has been a Muslim country for well over 855 years. 'Saudi Arabia plays an important role in unifying the Islamic Ummah and we are happy that we have stepped into this holy soil at a time when there is a strong need for unity among the world Muslim community,'.."  [more]

Alwaleed Honored in US [May 14]
"Prince Alwaleed bin Talal, chairman, Kingdom Holding Company (KHC) and Kingdom Foundation (KF), received the Business Leader of the Year Award from the Foreign Policy Association (FPA) in New York on Monday. The award was presented to him during the Annual Dinner event of the association which was at the Pierre Hotel. On the occasion Prince Alwaleed was formally introduced to the audience and a documentary about his achievements was also shown. He delivered a keynote address under the title of "Bridging the Gap: Islam and the West" to a large audience. He called for the need to bridge the gap between the East and the West to encourage more understanding and tolerance between them.." [more]

Canadian Investors Look to the Kingdom [May 14]
"Canadian businessmen are keen on investing in the Kingdom, Saudi Arabian General Investment Authority (SAGIA) Governor Amr Al-Dabbagh said, after a 4-day trip to Canada that began in Vancouver. 'We had 14 meetings in Montreal alone in just one day, the interest from Canada is so strong,' said Governor Al-Dabbagh. 'Canada shares some of the same competitive advantages in energy and natural resources as the Kingdom, and is investing heavily in the development of an intellectual base to cater to those industries.' Canada is one of the world’s wealthiest nations, with a GDP of approximately $1.5 trillion and a GDP per capita as high as $38,000, according to some economic reports. The government is actively expanding its foreign investment base and is looking beyond its traditional partner, the US, to markets that share the same synergies. The Kingdom is one of these.." [more]

~~~~~~~~ [ May 13] ~~~~~~~~~

Saudi Arabia Alleges Iran Supports Hezbollah Coup [May 13]
"Saudi Arabia warned Iran that its support for a ``coup in Lebanon by the Shiite Muslim Hezbollah group will harm relations with Arab states. ``Iran is supporting the coup that happened in Lebanon and this will affect Tehran's relations with Arab states, if not Muslim states as well, Saudi Foreign Minister Saud al-Faisal said today in a televised news conference. He accused Hezbollah of planning the attack on Beirut and using political issues as an excuse to start the violence. ``If this wasn't pre-planned, I don't know what is,' al-Faisal said.. ..Saudi Arabia urged regional powers to stop interfering in Lebanon, where, according to the International Red Cross, the fighting has killed at least 39 people. Saudi Arabia withdrew its ambassador to Beirut, Abdel Aziz Khoja, ``until things settle down, but the Embassy remains open.." [more]

US Drops Charges Against Saudi in 9/11 Attacks [May 13]
"All charges against a Saudi national accused of being the '20th hijacker' in the 9/11 terrorist attacks have been dismissed by the Pentagon, his US military defense lawyer said on Monday. Mohamed Al Qahtani was one of the six men charged by the military in February with murder and war crimes for their involvement in the 2001 attacks. After further investigation, the convening authority of military commissions decided to drop all charges against Al Qahtani without prejudice, meaning they can be filed again.." [more]

Kingdom Urges Lebanese Factions to Accept Arab League Proposal [May 13]
"Saudi Arabia yesterday urged Lebanese factions to stop fighting and withdraw their forces, advising them to accept the Arab League proposal to resolve the country’s political crisis. The Council of Ministers, which was presided over by Custodian of the Two Holy Mosques King Abdullah, hoped that the ministerial committee set up by the Arab foreign ministers meeting in Cairo would soon visit Beirut on a mission to end the infighting. The Cabinet meeting urged Lebanese groups to listen to the voice of wisdom and give priority to their country’s interests. It reminded them that the escalation of violence would only benefit foreign extremists who want to thwart the efforts to solve Lebanon’s political 
crisis.." [more]

Opec Ministers See No Need to Meet Before Sept [May 13]
"Qatar’s Deputy Premier and Energy Minister HE Abdullah bin Hamad al-Attiyah yesterday said that he did not see the need for Opec to meet before their next scheduled gathering in September in response to record high oil prices.. ..Al-Attiyah said geopolitics was the main factor driving the oil market but cautioned that prices at current levels were 'too high'. The Qatari deputy premier’s comments follow a report last week, citing Libya’s top oil official, that said Opec would consider meeting ahead of its next schedule quota setting gathering in Vienna, Austria, on September 9. Al-Attiyah said Opec producers had 'received complaints about high prices but not about supply'. UAE Oil Minister Mohamed bin Dhaen al-Hamli also said yesterday there were no signs of Opec meeting before September but added the group remained ready to meet any real demand for its oil.." [more]

Restrictions on Palestinians in West Bank to Ease, says Blair [May 13]
"Israel has agreed to remove checkpoints in the West Bank to ease travel restrictions on Palestinians, Middle East ambassador Tony Blair said on Tuesday. Calling it a 'significant first step', Blair said changes would—over time—'significantly' improve north-south and east-west movement within the West Bank. Blair said Israel would remove a checkpoint near Hebron this week and remove or relocate several others, including one at Beit El near Ramallah.. ..Palestinians say Israel's network of hundreds of checkpoints and roadblocks in the West Bank amounts to collective punishment and stifles their economy.." [more]

Arab States Sign N-energy Pact [May 13]
"Seven Arab nations say they have agreed on a plan to boost energy resources in the region by using nuclear power. The plan announced Monday has been the focus of three days of meetings in Jordan’s capital of Amman between energy officials from Syria, Lebanon, Iraq, Saudi Arabia, Yemen, Jordan and the United Arab Emirates. Few details have been provided about the four-year plan, but it will also focus on reducing waste from energy production and protecting the coastal environment of the Red Sea, the Mediterranean and the Arabian Gulf.." [more]

Linde Buys 51 Percent Stake in Saudi Industrial Gases Company [May 13]
"Linde AG. said it bought a 51 percent stake in family owned industrial gases company Saudi Industrial Gas Co. Ltd. (SIGAS). No financial details were disclosed. The deal is pending approval from the relevant Saudi Arabian regulatory authorities.. ..Linde said the Saudi Arabian industrial gases market is expected to grow more than 10 percent a year.." [more]

Saudi Firm's $1.8bn Tourist Development [May 13]
"A new US$1.8 billion (Dh6.6bn) mixed-use development in Saudi Arabia was launched this morning on the first day of the international property exhibition Cityscape Abu Dhabi. The Land Real Estate Investment and Development (The Land), a Saudi-based development company, unveiled the Ajmakan project in Riyadh. The desert community will be developed on 1.7 million square metres in the Al Khozomah area, northwest of the kingdom’s capital. The project will include palaces, a retail area, 74 high end villas and a total of 2,500 residential units. 'The project is going to target the upper end of the Saudi market because there are no other projects in Saudi Arabia that cater to this segment,'.." [more]

~~~~~~~~ [ May 12] ~~~~~~~~~

Saudi Smile Likely for Bush on Oil Plea [May 12]
" U.S. President George W. Bush will likely receive little more than a smile and handshake when he asks Saudi Arabia to help lower oil prices during a visit to Riyadh this week to commemorate 75 years of a relationship that has developed fissures in the last decade.. ..Bush is scheduled to meet Saudi King Abdullah at his private farm on Friday to mark the 75th anniversary of the formal establishment of U.S.-Saudi relations.. ..Oil, Iraq, Iran and Palestinian-Israeli peacemaking are high on the agenda as Bush and King Abdullah try to smooth U.S.-Saudi relations that deteriorated in the aftermath of the Sept. 11 attacks and the 2003 U.S.-led invasion of Iraq.." [more]

King Abdullah Receives Blair [May 12]
"Custodian of the Two Holy Mosques King Abdullah yesterday held talks with Tony Blair, official envoy of the Quartet on the Middle East, at his palace in Riyadh. They discussed the latest developments in the Palestinian issue and international efforts to achieve a just and comprehensive peace settlement in the region, the Saudi Press Agency said. Meanwhile, King Abdullah discussed by telephone the latest developments in the region including Lebanon with Egyptian President Hosni Mubarak, Yemeni President Ali Abdullah Saleh, Bahrain's King Hamad ibn Isa Al-Khalifa, Jordan's King Abdallah and President Omar Al-Bashir of Sudan.." [more]

Arab League Tries to Broker Lebanon Settlement [May 12]
"Arab foreign ministers urged warring Lebanese factions to immediately stop fighting and said on Sunday they will send a delegation to try to broker a settlement between the Hezbollah-led opposition and US-backed government. After an emergency meeting in Cairo on the Lebanon crisis, the Arab League issued a statement implicitly criticising the Shiite militant Hezbollah.. ..The Arab League demanded Shiite gunmen pull out of West Beirut and leave Lebanon's army in charge of security. The gunmen had mostly left the streets by Sunday, a day after the army called on them to clear out. Arab League Secretary-General Amr Moussa said the delegation would leave for Lebanon soon.." [more]

Release of Saudi Professor Urged [May 12]
"Amnesty International has urged Saudi authorities to release a Saudi university professor who is facing flogging and imprisonment for meeting a woman to whom he is not related for coffee. Mohamed Ali Abu Raziza, a psychology lecturer at the university of Makkah, has been sentenced to 150 lashes and eight months in jail after the religious police caught him with a woman in a coffee shop, the rights group said in a statement.. ..The statement did not say what happened to the woman who was meeting Abu Raziza. 'Saudi Arabia should stop needlessly persecuting people like this – we want to see a complete end to people in the kingdom being punished for ‘khilwa’ offences,' Amnesty said.." [more]

Qaeda on the Run in KSA [May 12]
"Al-Qaeda leadership has asked its followers in the Kingdom to leave the country for Yemen in the face of stiff combat and preemptive operations being conducted by Saudi security forces, said Dr. Abdul Aziz Bin Saqr Al-Ghamdi, President of the Gulf Center for Strategic Studies. Disclosing the content of a letter distributed by the so-called Al-Qaeda Organization in the Southern Arabian Peninsula to its followers in the Kingdom, Al-Ghamdi said in a telephone interview that the terror network was planning to expand its operations in Yemen by targeting tourists. He said the letter proves that Al-Qaeda followers were on the run in the Kingdom from the Saudi security forces. Since May 2003, more than 9,000 suspected militants were arrested and 3,106 remain in detention.." [more]

Tent City Moving to Shanghai for Global Expo [May 12]
"The tent city of Mina is one of the 55 city projects that have been selected from 226 nominations from across the world for exhibition at the World Expo 2010 Shanghai. A 20-member jury picked the winners to be exhibited at the exposition’s Urban Best Practices Area (UBPA). 'Saudi Arabia was the only Asian Arab country to win a place in the expo,' said Dr. Abdul Rahman Al-Asheikh, deputy minister of municipal and rural affairs for town planning and the Kingdom’s representative to World Expo 2010. Judges picked the tent city by taking into consideration the Kingdom’s efforts to provide modern services to nearly three million pilgrims who spend four days in Mina during the annual Haj pilgrimage.." [more]

~~~~~~~~ [ May 11] ~~~~~~~~~

Arab FMs to Meet on Beirut Crisis [May 11]
"Arab foreign ministers will hold an emergency meeting today to discuss a crisis in Lebanon, the Arab League said yesterday, after the Iranian- and Syrian-backed Hezbollah seized control of Beirut. At least 27 people have been killed in four days of violence triggered by the pro-Western Lebanese government decision to target the military communications network of the anti-Israeli Shia guerrilla group as being illegal.. ..The meeting came after Saudi Arabia and Egypt — both supporters of the pro-Western Lebanese government — called for an emergency session to discuss the crisis, the worst in Lebanon since the 1975-90 civil war. Syria’s Arab League envoy Youssef Ahmed said that the Syrian foreign minister might not attend the meeting.." [more]

Boycott of Danish Products Spreads [May 11]
"The campaign to boycott Danish products took a remarkable turn on Saturday when some leading healthcare providers in Saudi Arabia and other GCC countries decided to avoid the use of prescription drugs imported from Denmark. These healthcare providers said they would boycott all medicines imported from Denmark recently, and according to officials of a number of hospitals and pharmacies, the call has been spreading faster and louder.. ..Muslims were enraged over the publication of blasphemous cartoons of Prophet Muhammad (peace be upon him) first by a Danish newspaper. Around a dozen newspapers and magazines in European Countries later reprinted the cartoons.." [more]

King to Lay Foundation of Health University [May 11]
" Custodian of the Two Holy Mosques King Abdullah will lay the foundation of the King Saud University for Health Sciences in Riyadh on Tuesday.. ..Spread across an area of five million square meters close to the King Abdul Aziz Medical City in Riyadh, the new university campus will also accommodate the King Abdullah International Research Center, a children’s hospital, a medical museum, a conference center and an academic district for girls.." [more]

Saudi Arabia: DHL Express to Invest 17 Million Euros for Saudi Expansion [May 11]
"DHL Express, the world’s leading express and logistics company, has announced today, the company’s commitment to invest over SR100 million for infrastructure developments across The Kingdom. The strategic growth includes the rapid expansion of service points, with the opening of more than 15 new branches, before the end of the year.. ..The new branches will be rolled out in important population centres across The Kingdom in the coming eight months with exact locations to be announced in the near future. 'We will reach over 50 branches Kingdom-wide by the end of the year, which will boost customer service both in terms of numbers of locations and quality of service'.." [more]

Egypt's Talaat Moustafa Says Buys Land in Saudi [May 11]
"Egyptian developer Talaat Moustafa Group TMGH.CA said on Sunday it had agreed to buy 3.8 million square metres of land in Saudi Arabia, its second plot in the oil-rich Gulf Kingdom. Talaat Moustafa said it would build a residential housing complex on the site, without giving further details or saying how much it paid for the land. Talaat Moustafa agreed to form a joint venture with U.S.-based Hill International Inc last week for construction projects in the Middle East.. ..Its first housing development project in Riyadh, Saudi Arabia, will include 5,000 residences for an anticipated 22,500 people. Developers are pouring billions of dollars into construction projects in the largest Arab economy, where a shortfall of supply is driving up rents.." [more]

Most Saudi Universities Switch to E-Learning by Next Year [May 11]
"Most Saudi universities will switch from a traditional system of education to e-learning next year. The Ministry of Higher Education has set up the National Center of E-learning & Distance Learning (ELC) to oversee the change and prepare e-learning material. 'The new system will bring about dramatic progress in the Kingdom’s higher education,' said Dr. Abdullah Almegren, director of ELC, adding that nine Saudi universities have already signed memoranda of understanding (MOUs) with the ministry to implement the system. 'A team of experts from the ministry recently visited a number of international universities that have successfully adopted the e-learning system to know how it is working,'.. ..Universities that have signed MOUs with the ministry for e-learning are: King Saud University, King Abdul Aziz University, Baha University, Taiba University, Qassim University, Hail University, Taif University, Umm Al-Qura University and Madinah Islamic University.." [more]

Hints of a Shift at OPEC About a Rise in Oil Output [May 11]
"As prices jumped to another record, a member of OPEC signaled on Friday for the first time in months that the oil cartel might increase its output to prick the price bubble. Since the cartel’s last meeting in March, OPEC has argued that the market was not lacking in oil supplies and blamed speculators for driving up prices. But in recent weeks, prices have come under renewed pressure because of a string of export disruptions from Nigeria.. ..The problem for OPEC is that prices have, at times, run counter to real market factors, analyst said. As the dollar continues to decline and the United States economy slows, investment funds have moved into commodities like oil or gold, which they consider safer and more profitable than stocks.." [more]

GCC to Remove Obstacles Facing Custom Union [May 11]
"Ministers of Finance and Economy agreed here Saturday to remove all obstacles facing GCC custom union, Kuwait's Minister of Finance Mostafa Al-Shimali said.. ..The ministers, he said, assigned GCC secretariat to study best means to collecting and distributing of custom duties among GCC member states -- Kuwait, Saudi Arabia, Qatar, Bahrain, Oman and the United Arab Emirates (UAE). The ministers, said Al-Shimali, discussed the GCC monetary union. Governors of central banks were called to meet to complete the monetary union treaty. Ministers of Finance will meet with the governors next September over this issue, he noted.." [more]

 

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