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  • Iran’s Raisi ‘welcomes’ invitation to visit Saudi Arabia following reconciliation deal

    The two regional heavyweights announced on March 10 a Chinese-brokered deal to restore ties seven years after they were severed. Riyadh cut relations after Iranian protesters attacked Saudi diplomatic missions in 2016 following the Saudi execution of Shiite cleric Nimr al-Nimr -- just one in a series of flashpoints between the two longstanding regional rivals. The deal is expected to see Shiite-majority Iran and mainly Sunni Muslim Saudi Arabia reopen their embassies and missions within two months and implement security and economic cooperation deals signed more than 20 years ago.

  • Rating Agencies Raise Saudi Economy Rating with Positive Outlook

    Rating agencies have upgraded the Saudi economy to a “positive” and stable outlook. They affirmed that the structural reforms have been reflected in the tangible progress in economic development and the support of diversification policies, especially in the non-oil sector. S&P Global Ratings upgraded its credit report for Saudi Arabia, raising its long and short-term foreign and local currency sovereign credit ratings to 'A/A-1' with a stable outlook, according to its recent report.

  • Kuwait’s Jazeera Airways To Launch New Saudi Low-Cost Carrier

    Jazeera Airways announced that it plans to create a new low-cost carrier in Saudi Arabia as part of the Kingdom's 2030 Vision. The new airline will be based in Dammam at King Fahd International Airport, a major hub in the country and one with several local airlines concentrated. New bases for Middle Eastern carriers have become a new and lucrative trend, with the likes of Air Arabia and even Wizz Air jumping in.

  • For Saudi Arabia, Fiscal Expansion to Balance Out Fed Hikes — Minister of Economy and Planning Faisal bin Fadhil Alibrahim

    Saudi Arabia says it will rely on fiscal loosening to balance out the tight monetary policy imported from the US Federal Reserve. Minister of Economy and Planning Faisal bin Fadhil Alibrahim told Bloomberg's Matthew Martin that the kingdom is also closely watching the effects of turmoil in global banking.

  • Pakistan’s ex-PM Khan to ask court to halt police arrest warrant – aide

    Former Pakistani prime minister Imran Khan plans to go to court on Friday to support a plea he made to halt a police operation to arrest him for failing to attend a hearing, an aide said. Khan would soon go to a court in the city of Lahore to "support his plea against his arrest warrant and police action", the aide, Fawad Chaudhry, told Reuters . The legal proceedings against the former cricket star began after he was ousted from office in a parliamentary vote early last year.

  • Pilot nails daring landing on Dubai’s Burj Al-Arab

    Air Racing champion Luke Czepiela became the first person to land a winged aircraft on Dubai's iconic Burj Al-Arab helipad. Aviation engineer Mike Patey helped guide Czepiela onto the helipad.

  • The White House urges China to get Ukraine’s perspective on the war as Beijing eyes peacemaking role

    The White House today offered robust endorsement of a prospective virtual meeting between China’s President Xi and Ukrainian President Volodymyr Zelensky, after the foreign ministers of China and Ukraine spoke. “We have long been encouraging President Xi to talk to President Zelensky,” National Security Council strategic affairs official John Kirby told reporters on a Zoom call today (March 16). “We think it would be a very good thing if the two of them talk.”

  • Saudi Railway teams up with Italy’s Arsenale to launch region’s first luxury trains

    The luxury train will offer visitors and residents of the kingdom a unique opportunity to explore a range of tourist attractions within a framework of integrated luxury transportation services, it added. The agreement, signed in Riyadh is part of the project Dream of the Desert, in response to the new trend of slow tourism and experiential travel, which will bring a train with 40 luxury cabins on Saudi railways by 2025 with a journey that will cross the country from the capital Riyadh to Qurayyat.

  • Kuwait fires over 1,500 teachers amid expat worker rule changes: Report

    More teachers are to be laid off, the sources said, adding that education zones are “reviewing their actual need of teachers and those who are not needed to announce who will be let go before the end of May.” These education zones are reportedly waiting for the end of the second school term at Kuwait University and Public Authority for Applied Education and Training to welcome new Kuwaiti teachers who graduate from education colleges.

  • Saudi Arabia preparing huge offer to secure Lionel Messi transfer from Paris Saint-Germain

    Spanish newspaper Marca reports that Lionel Messi could leave Paris Saint-Germain on a free transfer, and Saudi Arabia would facilitate a deal equal to that offered to Cristiano Ronaldo for his move. The paper explains: “Rumours sparked after Messi's father and agent Jorge was spotted in Saudi Arabia on Tuesday, although there are those who point out that he travelled there to negotiate commercial deals.