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  • War in Ukraine Has Changed Iran Nuclear Deal Calculus

    Russia’s war on Ukraine is reshuffling Middle East diplomacy and forcing the U.S. to reassess the political costs of reviving the 2015 nuclear accord with Iran. Clinching the deal after a year of negotiations now hangs on a sticking point that people familiar with the talks say has emerged as the most politically explosive for the Biden administration -- whether to remove Iran’s Islamic Revolutionary Guard Corps from the U.S. list of terrorist organizations. The designation isn’t directly linked to the original pact, which curbed Tehran’s atomic activity in return for sanctions relief, but Iran’s insisted all along that it be scrapped.

  • Saudi Aramco and Acwa Power Look to Join Saudi Carbon Trading Exchange

    The PIF said it would make further announcements about potential suppliers and buyers of carbon credits will be made in the coming months. There’s meant to be an introductory round of auctions in the fourth quarter.

  • 7 big changes proposed in the new Saudi-backed golf league

    According to the release, a maximum of 48 players will make up 12, four-man teams at each of LIV Golf’s eight events. Each of the first seven events on the Invitational Series schedule will pay out $20 million to the field — with $5 million set aside for the top three teams. After the seventh event, the league’s top-three players will take home a chunk of a $30 million purse (a la, the FedEx Cup).

  • Saudi Arabia’s King Salman Leaves Hospital After Pacemaker Battery Changed

    Saudi Arabia’s octogenarian monarch underwent medical tests had the battery of his pacemaker changed, the state-run Saudi Press Agency reported Wednesday. King Salman will rest for several days following the procedure and “successful medical tests," the news agency said. Government-produced images showed the king leaving the King Faisal Specialist Hospital in the capital, Riyadh, hunched forward and using a cane, but otherwise walking unassisted.

  • Saudi Tadawul Exchange to Allow Single-Stock Futures From Next Quarter

    Saudi Arabia will start futures trading on single stocks in the second quarter of this year, the head of the Tadawul stock exchange said, as the Middle East’s largest bourse moves to boost liquidity. The Tadawul will initially select about 10 liquid companies for futures trading, Chief Executive Officer Khalid Al-Hussan said in an interview with Bloomberg TV on Monday.

  • Some climate change adaptations make the problem worse

    The report is the second installation of the IPCC’s sixth major overview of climate science, which it publishes every five years. The first installment, in August, addressed the physical science of climate change. Today’s report addresses impacts and adaptation options. The third and final installment, in April, will address options to reduce emissions.

  • Dubai Expo: Chance for change in Middle East and North Africa

    This is the first time a world fair has been held in the Middle East and North Africa, and with similar events having heralded great shifts in technological advancement, improved international relations, and increased trade, culture and tourism, many hope the current exhibit will also positively impact the MENA region.

  • How FDI changed food habits and made us fatter

    The consumption of ultra-processed foods and beverages, along with declining levels of physical activity, have created a world where in most countries being overweight or obese kills more people than issues related to hunger or being underweight, according to the World Health Organisation (WHO).

  • The Middle East’s Climate Change Wake-Up: Video

    In the Middle East, climate change poses an unchecked threat as it sharpens socioeconomic inequalities and further jeopardizes the plight of vulnerable communities already challenged by poor governance, water shortages, and conflict-induced displacement. While some Middle East governments have been proactive in the transition to renewable energy, there is still much more they can and should do to adapt to the far-reaching effects of climate change through better governance and inclusion.

  • Saudi exchange announces listing of Gas Arabian Services

    The Saudi Exchange announced on Thursday that the listing and trading of Gas Arabian Services Co. (GAS) on its parallel market Nomu will start on Monday. The Dammam-based company offers operational solutions to several industries in Saudi Arabia including the oil and gas, petrochemical, electrical and steel industries, according to its website.