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  • UK construction firm wins bid to develop world’s largest airport in Riyadh

    UK construction firm Mace will serve as the delivery partner for Riyadh’s King Salman International Airport, expected to be the world’s largest airport following its 2030 opening. A variety of international firms competed for the contract since last year, with Mace winning the bid, the Middle East Economic Digest reported on Thursday. The firm will offer project and design management, cost consulting and procurement information. It has considerable experience in airport construction and maintenance, including a 30-year contract covering London’s Heathrow Airport, the largest in Europe.

  • Iran Votes: Lukewarm on Leadership, Cool on Economy

    Young Iranians under the age of 30 -- a key part of the protest movement after Amini’s death -- are particularly disapproving (61%) of their leadership. With those younger than 30 making up over 60% of Iran’s population, their view toward Iran’s leadership may prove decisive in Khamenei’s call for greater turnout and the outcome of the vote itself.

  • Ukraine’s Zelenskyy in Saudi Arabia to talk prisoners, Russia war

    I had a meaningful and candid conversation with His Royal Highness Crown Prince Mohammed bin Salman. We discussed the Peace Formula's points and the progress that can be made in implementing them. Saudi Arabia's leadership can assist in finding equitable solutions. We value His Royal Highness' commitment to restoring genuine peace and are grateful for his advice and support. I also spoke about our efforts and dialogue with partners in preparation for the Global Peace Summit in Switzerland. We discussed the summit’s substance and the steps that can be taken to restore true security to Ukraine, Europe, and the global community of nations. We also looked at specific opportunities for economic and technological cooperation between Ukraine and Saudi Arabia.

  • Ukraine’s Zelenskyy arrives in Saudi Arabia seeking support for peace plan

    Ukrainian President Volodymyr Zelenskyy landed in Saudi Arabia on Tuesday as he sought funds and support for his peace plan to end the two-year war and a deal to secure the return of prisoners of war from Russia. Saudi Arabia has ties with both Moscow and Kyiv and has played an important role in mediating previous prisoner swaps between the two sides. Mr Zelenskyy said on X, formerly Twitter, that Ukraine continued to "rely on Saudi Arabia's ongoing active support" in pushing forward his "Peace Formula" to end the war, which entered its third year at the weekend.

  • Two years on, what the Russian invasion of Ukraine means for energy security and net-zero emissions

    Russia’s full-scale invasion of Ukraine on February 24, 2022 has reverberated throughout the global energy landscape, significantly impacting both energy security and the ongoing transition towards sustainable energy sources. Swift action is needed to mitigate risks, strengthen resilience, and ensure that energy remains a driver of stability and prosperity in the face of geopolitical uncertainty. Our experts share their insights on the second anniversary of the war.

  • UK Middle East minister embarks on latest Gulf tour

    The UK’s Middle East Minister Lord Tariq Ahmad has departed for another Middle East tour with the aim of making progress toward a permanent ceasefire in Gaza. Ahmad will arrive in Kuwait on Monday where he is set to meet with Kuwait’s Foreign Minister Ambassador Abdullah Al-Yahya as well as the Palestinian Ambassador to Kuwait Rami Tahboub.

  • 2023 sees new record for US government-to-government arms exports, boosted by Ukraine aid

    Sales of arms and defense gear by the U.S. government to other governments reached $80.9 billion in fiscal 2023, jumping nearly 56% from the previous year to set a new record, the State Department said Monday. The three-year rolling average for Foreign Military Sales exports rose to $55.9 billion for fiscal years 2021 to 2023, up 21.9% from last year’s mark. Notable examples of government-to-government FMS sales notified to Congress in fiscal 2023 include deals with Poland, Germany, Australia, Canada, and others.

  • Just the beginning of a long story on Saudi Arabia’s Tabuk region.

    From deep slot canyons to the most incredible towers I've seen in any desert in the world, this is a region for the ages. I haven't processed much yet from a recent visit, but here's a little to get you started

  • UK millionaires head to UAE: Richest Brits leave as cost of living crisis worsens, Dubai real estate to benefit

    A combination of high taxation, rising cost of living and deteriorating health system in the UK is driving the UK’s super-rich to migrate to various parts of the world, with the UAE emerging as their most favoured destination, recent studies and experts revealed. Rising risks of the UK slipping into recession in 2024, leading to further value deteriorating of property and other assets are predicted to further accelerate the migration of millionaires from London – once the most favoured city for wealthy from around the world – going forward.

  • Saudi King’s Widow Wins UK Suit for ‘Billionaire’s Row’ Mansion

    A widow of the late King Fahd Bin Abdulaziz Al-Saud of Saudi Arabia won a legal fight over a London mansion on a road known as ‘Billionaire’s Row’, in a ruling that gives a rare glimpse into the royal family’s inheritance dispute. A UK judge rejected a claim brought by Liechtenstein-based Asturion Foundation, which was set up in 1974 by the late king, to take control of assets including Kenstead Hall — a large house on the Bishop’s Avenue in north London — that’s worth “tens of millions” of pounds, according to previous filings in the case. The avenue is one of the most expensive streets in the capital.