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  • China Grabs Spotlight With Major Presence at Saudi Weapons Show

    While US companies like Boeing Co. and Lockheed Martin Corp. dominated the World Defense Show in the Saudi capital of Riyadh this week, China’s presence dwarfed that of most other countries. Exhibiting for the first time under a single brand — China Defence — state companies displayed a range of weaponry from drones to anti-aircraft and ballistic missiles along with models of stealth fighter jets and amphibious assault ships.

  • Saudi Arabia’s Modern Mills announces plan to list 30% in IPO

    Saudi Arabia's Modern Mills for Food Products said on Wednesday it is planning an initial public offering of 30% of its shares, the second flour mills company in the kingdom to seek a listing since the government privatised the industry. Modern Mills plans to sell 24.5 million shares on the Saudi Exchange, equivalent to 30% of its share capital, the company said in a regulatory statement on Wednesday.

  • Saudi industry to produce ALAKRAN mobile mortar systems

    NTGS and the Kingdom of Saudi Arabia (KSA) defense conglomerate ERAF announced a partnership agreement aimed at localizing the production and integration of the ALAKRAN mobile mortar system on a suitable vehicle platform within the KSA. The agreement, signed by Juan Carlos Estrella, CEO of NTGS, and Fahad Al-Ameel, Vice-President of ERAF, signifies a strategic move in line with Saudi Vision 2030, aiming to enhance the economy by utilizing locally sourced parts and manpower. Under the agreement, ERAF will spearhead the local manufacturing process and exclusively market the ALAKRAN within the KSA, with the primary objective of supplying the KSA Armed Forces.

  • The US and Saudi Arabia are taking COP28 pledges seriously

    Assuming COP28 pledges to limit global warming are met, both the energy and climate crises would be solved. According to the UN summit’s pled on renewables and energy efficiency, adopted last December in Dubai, “to limit warming to 1.5°C, the world requires three times more renewable energy capacity by 2030, and must double the global average annual rate of energy efficiency improvements from around 2% to over 4% every year until 2030”. But meeting these objectives will be a tall order.

  • Desert X AlUla 2024: Exploring Unseen Art in Saudi Arabia’s Desert Region from February 9 to March 23

    Desert X AlUla will open its latest exhibition themed “In the Presence of Absence,” from February 9th to March 23rd, 2024. Featuring 15 commissioned artworks that explore the unseen, the festival takes place bi-yearly in the desert region of Saudi Arabia. This edition of Desert X AlUla is curated by Maya El Khalil, renowned for her art advisory and MENA-focused curation, and Marcello Dantas, an award-winning curator known for his interdisciplinary practices. Returning for its third edition, Desert X AlUla 2024 invites artists to engage with the landscape, nature, and heritage of AlUla. The exhibition aims to position AlUla as the hub for monumental art experiences in the region. This year’s theme, “In the Presence of Absence,” challenges the concept of deserts as “empty spaces.” Artists worldwide are encouraged to investigate conceptual ideas of the invisible, engaging in a dialogue with AlUla’s environment.

  • NEOM unveils members-only beach club Xaynor

    Saudi Arabia’s NEOM on Wednesday announced a members-only beach club, Xaynor, located on the Gulf of Aqaba’s pristine coastline. In a statement, the giga-project said Xaynor offers a new area where members can enjoy the shores of the Gulf with an innovative architectural design and interiors. It will provide a perfect environment for leisure, relaxation, and socializing. The statement said: “Arriving in Xaynor, guests will be greeted by its breathtaking canopy entrance, blending with the natural landscape and providing a captivating pathway down to the beach.”

  • A Statement from the Ministry of Foreign Affairs regarding the discussions between the Kingdom of Saudi Arabia and the United States of America on the Arab-Israeli peace process.

    A Statement from the Ministry of Foreign Affairs regarding the discussions between the Kingdom of Saudi Arabia and the United States of America on the Arab-Israeli peace process.

  • Wall Street Snubs China for India in a Historic Markets Shift

    A momentous shift is under way in global markets as investors pull billions of dollars from China’s sputtering economy, two decades after betting on the country as the world’s biggest growth story. Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination for the next decade.

  • Bader Al-Saif: Kuwait’s Perceptions, People, and Progress

    Let me tell you. I've been to all Gulf capitals plus Iraq since the war on Palestine unleashed in October, and I haven't seen such anti-Americanism in a very, very long time and even ever. We haven't had such levels of anger, real anger. It's not only popular anger that manifests in weekly protests, boycotts, angry memes, social media, and coordinated action, but you also see it at the official level, which has been quite interesting.

  • Egyptian officials warn peace to be suspended if Palestinians flow to Sinai

    According to one source, the Egyptian message was that "if even one Palestinian refugee crosses over – the peace agreement will be nullified." According to the source, no country would agree to absorb such a large number of Palestinian refugees, and they would become "a permanent Egyptian problem."