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  • Saudi trailblazer Yara Alhogbani handed Mubadala Abu Dhabi Open qualifier wildcard

    The second edition of the Mubadala Abu Dhabi Open will take place February 3-11 at Zayed Sports City's International Tennis Centre, and 10 of the world's top 20 have been confirmed for the WTA 500 tournament, including Kazakh world No 3 Elena Rybakina, Tunisia's sixth-ranked Ons Jabeur and Geece's world No 8 Maria Sakkari. Further star power was added to the field in the form of Japan's four-time Grand Slam champion Naomi Osaka and former US Open winner Emma Raducanu of Great Britain after both players received wildcards.

  • Saudi Arabia prepares to open first alcohol store for diplomats

    Saudi Arabia is preparing to open its first alcohol store in the capital Riyadh which will serve exclusively non-Muslim diplomats, a source familiar with the plans and a document showed on Wednesday.
    Customers will have to register via a mobile app, get a clearance code from the foreign ministry, and respect monthly quotas with their purchases, the document said.
    The move is a milestone in the kingdom's efforts, led by Saudi Crown Prince Mohammed bin Salman, to open the ultra-conservative Muslim country for tourism and business as drinking alcohol is forbidden in Islam.

  • US military strikes two Houthi anti-ship missiles in Yemen

    The U.S. military carried out more strikes in Yemen early on Wednesday, destroying two Houthi anti-ship missiles that were aimed at the Red Sea and were preparing to launch, the U.S. military said in a statement.
    The U.S. strikes, which took place at roughly 2:30 a.m. (2330 GMT), are the latest against the Iran-backed group over its targeting of Red Sea shipping, and followed a larger round of strikes a day earlier.

  • Israel hits Khan Younis amid talks on one-month Gaza truce

    Israel and Hamas have made some progress toward agreement on a 30-day ceasefire in Gaza when Israeli hostages and Palestinian prisoners would be released, sources told Reuters, as Israel pressed ahead with its assault on southern Gaza's main city.
    Qatar, the U.S. and Egypt have for weeks shuttled between Israel and the militant group that runs Gaza trying to broker terms for a break in fighting, which would also allow in more food and medical supplies.

  • Saudi superstar Mishaal Tamer is set to wow crowds in Riyadh

    Mishaal Tamer’s journey took an unexpected turn when he became the first Saudi student at the prestigious Clive Davis Institute of Recorded Music in New York. Using his Xbox and guitar, he started anonymously uploading clips onto the internet, some of which went viral overnight. This digital success caught the attention of major record labels, who eventually signed with him. Brands like Bulgari recognised his talent, featuring him in various campaigns.

  • How to invest in Saudi Arabia stock market – all you need to know

    There are several ways one can invest in the stock markets in the country and increase their wealth over the years of residency – Equities, Sukuk & Bonds, Exchange-Traded Funds (ETFs), Real Estate Investment Trusts (REITs), Close-End Investment Funds (CEFs) and Derivatives.

  • Iran’s ‘brazen’ strikes around the Middle East send a message to Israel and the U.S., analysts say

    “While incitement against Israel is nothing new, its recent launch against ISIS in Syria of a solid-propellant medium-range ballistic missile capable of striking Israel from Iranian territory was a historic first and a message to the Jewish state,” Behnam Ben Taleblu,  senior fellow at the Foundation for Defense of Democracies think tank in Washington D.C.

    “Highlighting military power in the hopes of deterring adversaries has grown in importance for the regime as wars widen across the region.”

  • World’s Most Ambitious Trade Route Stalls in Mideast Turmoil

    The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor — a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice.

    That’s a setback for US strategy, because the plan served multiple purposes – to counter China’s Belt and Road infrastructure program, build influence in the so-called “Global South,” and speed up the hoped-for rapprochement between Israel and Saudi Arabia.

  • Middle East Sector Outlooks Reflect Geopolitical Risk, Oil Assumptions

    The Israel-Hamas war has increased geopolitical risks and set back the previous trend of regional de-escalation, which is reflected in the deteriorating sovereign sector outlook in the Middle East, Fitch Ratings says. The neutral outlooks for other sectors reflect high oil price assumptions and supportive economic conditions.

  • Saudi Arabia emerging as a ‘continent in itself’ with array of tourist destinations, forum hears

    While Saudi Arabia “was, is, and will always be” known for Makkah and Madinah, with billions of Muslims converging in the nation for religious purposes, it is simultaneously evolving as a growing destination site globally, with giga-projects spearheading the Kingdom’s shift, highlighted Mohamad Itani, a partner at Knight Frank.