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  • Saudi Arabia’s flag carrier Saudia restarts flights to Istanbul

    Saudi Arabia’s flag carrier Saudia on Saturday resumed flights to Istanbul after a two-year hiatus due to the coronavirus pandemic. A flight operated by the airline landed at Istanbul Airport on Saturday from Jeddah with 130 passengers on board.

  • Boeing to move headquarters from Chicago to Arlington, Va.

    The move comes as Boeing has faced heightened scrutiny from the Federal Aviation Administration in recent years, a shift that came after lawmakers pointed to close ties between regulators and the company after 737 Max crashes in 2018 and 2019. Moving executives to Washington could help to smooth that relationship, but it could also rankle front line engineering and manufacturing staff, who previously have raised concerns about being overruled on safety issues by company executives and senior FAA officials.

  • Explainer: Why NOPEC, the U.S. bill to crush the OPEC cartel, matters

    A U.S. Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries and its partners to antitrust lawsuits for orchestrating supply cuts that raise global crude prices. The No Oil Producing and Exporting Cartels (NOPEC) bill is intended to protect U.S. consumers and businesses from engineered spikes in the cost of gasoline and heating oil, but some analysts warn that implementing it could also have some dangerous unintended consequences.

  • UAE IPOs, start-ups beckon GCC investors

    The latest IPO in Dubai showcased the global attention towards investment opportunities, which resulted in a substantial increase in the IPO size offered by Dewa, which finalised it at 18 per cent and up from the original 6.5 per cent. The IPO’s books witnessed a broad range of 65,000 investors with a total of Dh315 billion in order values.

  • To see Saudi Arabia, start with this ‘magical’ gateway to Mecca

    Along with its vast deserts and remarkable archaeological ruins, Saudi Arabia has Jeddah—the maritime gateway to the country’s sacred sites—to show off. In all, 650 18th- and 19th-century white-plastered, coral stone buildings. in Al-Balad (Old Jeddah), a UNESCO World Heritage site since 2014. Now is the time to visit, during a magical interlude after it has been refurbished but before the holiday hordes arrive.

  • Heart And Soul – Vignettes from Ali Al-Baluchi’s Memoir: Part III – At Work

    February 15, 1949 was the date I started working for Aramco, on the grand salary of 90 riyals per month. Once the formalities were completed, I was assigned to the office of the Superintendent of Schools, Mr. Don Richards, as an office boy. His secretary, Mrs. Marsha Naylor, was my immediate supervisor. Initially, I worked in the office for four hours a day, spending the remaining four hours with the study program.

  • U.S.-Saudi Relations Finally Start to Thaw

    President Biden and Crown Prince Mohammed bin Salman may not like each other, but they desperately need each other—and time for rapprochement is running out. Imagine for a moment that Saudi oil suddenly disappears from world markets—or its supply is severely curbed. The immediate effects would be massively higher prices at the pump, further collapse of the Democrats’ bleak prospects at the polls, disruption of the crown prince’s modernization agenda, and a greatly emboldened axis of Russia, China and Iran. Both Iran and Russia, with China their silent partner, have strong incentives—and real capabilities—to make this scenario a reality and force the world to lift embargoes against their oil sales.

  • Saudi Economy Grows by 9.6% in 1st Quarter of 2022, its Highest Since 2011

    The figures reveal that the GDP has made the highest growth rate in 10 years, achieving a growth of 9.6% during the first quarter of 2022 compared to the same period in 2021. This was driven by a significant increase in oil activities by 20.4%, in addition to an increase in non-oil activities by 3.7% and an increase in government services activities by 2.4%

  • Digital art museum opens in Saudi Arabia

    The museum, launched by the Tokyo-based art collective teamLab, comprises over 50 artworks spreading across its expansive and labyrinthine spaces, including "Borderless World," "Athletics Forest" and "Future Park."

  • Saudi Arabia witnesses spike in women in tech startup than Europe: Report

    This came in a report released by Endeavor Insight. The report also found that the percentage of women in tech is higher than that of men. According to reports, the participation rate of women in the tech sector stood at 28 percent in the third quarter of 2021, above the European average rate of 17.5 percent.