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  • Saudi Arabia calls for separate Palestinian state, rejects Israeli self-defense claim

    Saudi Arabia calls for the creation of an independent Palestinian state to protect the rights of the Palestinian people, the Kingdom’s deputy foreign minister said during the United Nations Security Council debate as he urged the council to take a firm stance against Israeli military occupation in the region. According to reports from the official Saudi Press Agency (SPA), Saudi’s Vice Foreign Minister Waleed el-Khereji on Wednesday condemned the forced displacement of Palestinians and rejected Israel’s statements of self-defense as an excuse to continuously bomb Gaza, leading to mass displacement in the besieged enclave.

  • International firms rush for local licences as Saudi Arabia amends Code of Law Practice

    The changes, which were first published in June and came into effect in December, require foreign law firms to obtain their own licence to operate as a branch office or as a joint venture with local lawyers, with the latter needing to own at least 25 per cent of the partnership.

    Additionally, two partners from the law firm must live in Saudi Arabia for a minimum of 180 days a year, while 50 per cent of the firm’s lawyers in the country must be Saudi nationals.

  • Luxury Ecotourism In Saudi Arabia Takes A Major Step Forward With Zardun

    Overlooking the crystalline waters of the Gulf of Aqaba, Zardun is a nature-based resort that will host four ultra-luxury signature buildings, all of which will merge harmoniously with the surrounding landscape. Intended to redefine luxury within an environmental context, Zardun aims to offer the ultimate premium ecotourism experience for discerning guests. Covering an impressive four square kilometers, Zardun will be a carefully restored haven filled with native plants and animals. Stretching down from the mountains to the seashore, its breathtaking beauty will be experienced on arrival by visitors at its state-of-the-art experience center, which includes a 360-degree observation deck.

  • The US and Iran are dangerously close to confrontation in the Middle East. Here’s where they both operate

    So far, the US and Iran have avoided directly confronting each other. The US has attacked Iranian-backed groups in Yemen, Syria and Iraq, while Iran-linked groups have targeted American personnel in Iraq and Syria. Tehran has also struck what it said were anti-Iran groups in Iraq, Syria and Pakistan. Pakistan responded with retaliatory strikes.

  • New US envoy to Egypt lauds Cairo’s role in fighting for Middle East peace

    America’s new ambassador to Egypt has praised the decades of “courage” shown by Cairo in fighting for peace and stability in the Middle East. And Iraq-born Herro Mustafa Garg pledged the US’ ongoing support for Egyptian efforts to bring about an end to regional conflict and broker a two-state solution for the people of Palestine and Israel. In a video posted on the US Embassy’s social media page, the envoy highlighted “the courage and conviction shown by Egypt’s leaders 45 years ago (signing the Egypt-Israel peace treaty) in giving priority to peace over conflict, elevating common understanding over violence, and investing in prosperity over strife.”

  • Financier Entrusted With Middle East Billions Attempts Comeback

    Home to sovereign wealth funds that control over $4 trillion in assets, the Middle East is central to Misra’s plans. Five of the ten most active state-backed entities in 2023 were from the Gulf, even as global peers pulled back — the PIF alone spent $31.6 billion.

  • U.S. hits Iraq militia sites and anti-ship missiles in Yemen

    The U.S. military struck three facilities in Iraq and two anti-ship missiles in Yemen operated by Iranian-backed militias that have continued to instigate attacks on U.S. personnel and ships in the region as the U.S. continues to try to keep the Israel-Hamas war from spilling over into a wider conflict. Both the strikes in Iraq and Yemen targeted sites that the U.S. has said are involved in the attacks against U.S. forces in Iraq and Syria and were threatening U.S. military and commercial vessels in the Red Sea

  • Saudi model Amira Al-Zuhair walks for Maison Alaia in Paris  

    Saudi model Amira Al-Zuhair this week graced the Maison Alaia runway, showcasing the brand’s Summer/Fall 2024 collection at Paris Fashion Week.

  • Analysis: Were the Saudis Right About the Houthis After All?

    Informed Americans finally seem to understand that the macabre slogan of Yemen’s Houthi militia group—“God is the greatest, death to America, death to Israel, a curse upon the Jews, victory to Islam”—is more than empty rhetoric. The Houthis are a potent Iranian proxy group, and their slogan, adapted from Iranian revolutionary propaganda, is being made manifest in action. They’ve attacked Red Sea shipping lanes more than 30 times since October 17, under the implausible pretext of aiding Hamas and protesting Israeli military actions in Gaza.

  • One of World’s Richest Doctors Sees Fortune Surge to $12 Billion

    A Saudi doctor saw his fortune close in on $12 billion on Thursday as shares of his healthcare firm rebounded, returning him to the ranks of the Middle East’s wealthiest private individuals. Shares in Sulaiman Al Habib’s eponymous company have surged 30% since hitting a one-year low in October. That’s made Al Habib — who founded the firm and holds a 40% stake — the third-richest person in the Middle East who’s not a member of a royal family, according to the Bloomberg Billionaires Index.