This week, the Ministry of Human Resources and Social Development has started implementing the idea the idea that 25% of engineering professions will be nationalised starting today. This is to create a more stimulating and productive job opportunity for Saudis across the Kingdom.
In other news, the USA and Saudi Arabia have signed a new deal for space cooperation and research. This framework agreement states that the use of airspace and outer space will be used for peaceful purposes and looks to strengthen Saudi-American relations.
Economy, Budgets and Finance
Arab News: Non-Oil Activities Drive Saudi Economic Diversification Efforts. Read here
Saudi Gazette: Saudi Arabia investing $180 billion to develop green economy, says minister. Read here
Arab News: Saudi wheat farmers receive $78.7m in payments. Read here
Saudi Gazette: Saudi Arabia to implement 25% nationalization of engineering professions starting Sunday. Read here
Government and Royal Family
Saudi Gazette: Saudi Arabia and Thailand discuss cooperation in energy sectors. Read here
Saudi Gazette: Saudi Arabia and Qatar explore judicial cooperation. Read here
Asharq Al-Awsat: Ballard Partners Seeks to Open Office in Saudi Arabia. Read here
Defence and Security
Al Arabiya: US, Saudi Arabia sign new deal for civilian space cooperation and research. Read here
Saudi Gazette: Saudi and Kuwaiti military chiefs review cooperation. Read here
Arab News: Jordan, Saudi Arabia conduct three airdrops in southern Gaza. Read here
Commercial
Aramco: Aramco to acquire 50% stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company. Read here
Arab News: Saudi Arabia sets new tourism record. Read here
Saudi Gazette: PIF signs agreements to localize renewable energy manufacturing in Saudi Arabia. Read here
Social
Arab News: Eminem to headline fifth edition of Saudi Arabia’s MDLBEAST Soundstorm. Read here
Arab News: Training for budding nuclear engineers launched in Saudi Arabia. Read here
Arab News: Saudi Arabia’s ozone-depleting gases reduced to 1%. Read here
If you would like to be added to our weekly email distribution of this newsletter, please contact us.