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  • Seen from abroad, Pakistan elections disappoint, add to instability

    Pakistan's election has been remarkable in producing a result disappointing to most of its foreign partners and rivals, with little reason for optimism about the government that will eventually emerge from it, foreign policy analysts said. Pakistan's two largest political parties have been wrangling over who will be prime minister after an inconclusive vote last week forced them to join forces and try to form a coalition in a parliament dominated by independents.

  • A big merger between oil rivals is gassing up energy consolidation in the US

    Once oil rivals Diamondback Energy and Endeavor Energy Resources announced Monday (Feb. 12) that they are merging to create a $50 billion oil giant in the Permian Basin. The deal is just the latest in a wave of consolidation in the US energy sector. Diamondback is set to acquire Endeavor in a stock-and-cash deal valued at $26 billion. Diamondback stock rose nearly 8% during morning trading following the news. Its market cap currently sits at $29 billion.

  • Why Saudi Arabia is betting on esports

    The scale of Saudi Arabia’s spending may seem like largesse. But there is a strategic logic to it. Estimates suggest that while the global esports market may currently be worth around 1.5B USD, that figure could rise to 7B USD by 2030. Yet Saudi Arabia’s ventures are not simply borne of a quest for financial gain or whimsical hankering for childhood. Indeed, esports have become a powerful policy tool being deployed by the Kingdom to help implement the profound transformational changes it is undertaking.

  • Saudi Pro League scoops multi-brand PepsiCo sponsorship

    “We are delighted to welcome PepsiCo into the RSL family as a gold partner,” said Carlo Nohra, chief operating officer of the Saudi Pro League. “This partnership aligns with our mission to offer fans innovative and engaging experiences. PepsiCo’s commitment to football and its global reputation for quality will undoubtedly enhance our league’s appeal and the overall fan experience.”

  • Saudi Arabia: Women can perform Hajj without Mahram, Hajj Ministry reaffirms

    Saudi Arabia’s Ministry of Hajj and Umrah has reaffirmed that women can perform Hajj without a Mahram, highlighting that this requirement is no longer obligatory for all pilgrimages. Additionally, the ministry has specified that for the Hajj season of 2024, all domestic pilgrims must receive vaccinations against neisseria meningitis and seasonal influenza as part of the registration requirements.

  • Saudi Arabia Prepares 10 Regions to Become Among Top 50 Global Cities

    Saudi Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail said that the Kingdom was working to transform at least 10 Saudi cities to become among the top 50 global cities, by achieving the factors of governance, sustainability, and interaction with residents. His remarks came on the sidelines of the Global Smart City Forum, organized by the Saudi Data and Artificial Intelligence Authority (SDAIA) on Monday in Riyadh with the participation of world experts in the field of building smart cities and artificial intelligence.

  • Big 5 Construct Saudi: Driving Saudi Arabia’s Construction Sector Towards Vision 2030

    The upcoming 12th edition of Big 5 Construct Saudi promises to build upon the successes of previous years, featuring an expanded exhibition space, five new product sectors, and participation from 1,300 exhibitors representing 47 countries. The event aims to unite over 55,000 industry players, government stakeholders, and active buyers, all aligned towards the advancement of Saudi Arabia's Vision 2030 goals.

  • Saudi Air Force Selects Chinese Wing Loong-10B Recon-Strike Drone As UAVs ‘Rock’ Global Conflicts

    KSA has been operating the Wing Loong-2 (WL-2) drone since 2017. The Chengdu Aircraft Industry Group displayed the WL-2 with the Saudi flag printed on its tail Wing (vertical stabilizer). The WL-2 can carry 480 kg (1,058 pounds) of weapons for up to 32 hours. According to the South China Morning Post (SCMP), the drone was reportedly used in the Yemeni civil war against the Houthi militia.

  • Saudi Arabia reveals bidders for 3.7 GW solar tender

    Saudi Power Procurement Co. (SPPC) announced this week the selected bidders for the final phase of the fifth round of the Saudi Arabian government's National Renewable Energy Program (NREP).

  • Saudi Arabia announces national plan to stimulate urban policies by 2025

    The minister described the progress made by Saudi cities in the field of smart technology and urban development, saying: “Our goal is for at least 10 Saudi cities to be among the top 50 global cities by achieving the factors of governance, sustainability, and interaction with the population, meeting their aspirations, and achieving high prosperity for them.” He added: “Last year, four of our vibrant cities were classified within the Smart Cities Index. This exceptional journey toward transformation has enabled us to benefit from technology, artificial intelligence and data to make a real and tangible impact in municipalities.”