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  • U.S. to review Israeli assurances it is not violating international law

    The department now has until early May to formally assess whether those assurances are “credible and reliable” and report to Congress under a national security memorandum issued by President Biden in February. If Israel’s pledges are found wanting, Biden has the option at any point of suspending any further U.S. arms transfers.

  • Saudi Arabia greenlights IMF regional office in Riyadh

    Saudi Arabia has greenlit the International Monetary Fund’s (IMF) establishment of a regional office in the capital Riyadh, in a decision which is expected to enable further collaboration between the two and to boost the kingdom’s standing in the global financial community. According to the state-run Saudi Press Agency (SPA), the Saudi Cabinet – presided over by King Salman – approved the permission for the IMF to open its regional office in the Gulf state this week, around two years after they signed the initial agreement for the office back in 2022.

  • RFEF searched in corruption probe of Spanish Super Cup’s Saudi Arabia deal

    The Spanish Football Federation’s (RFEF) decision to take the Spanish Super Cup to Saudi Arabia is back under the spotlight after police searched the national soccer governing body’s headquarters. Seven people have been arrested in a corruption probe over the multimillion-euro deal to relocate the tournament to the Gulf state. An apartment belonging to former RFEF president Luis Rubiales was also searched on 20th March.

  • On a controversy in Saudi-PGA Tour deal? Xander Schauffele needs 1 word

    “My dad told me a long time ago to commit, execute and accept,” he said. “I’m swallowing a heavy dose of acceptance right now, but that’s kind of what I did. I tried to commit, I executed poorly on some shots, and here I am, accepting it.”

  • Lady Gaga stylist Nicola Formichetti Recruited by Saudi’s Film AlUla

    Fashion designer and creative director Nicola Formichetti, who has worked with Lady Gaga for over a decade, has been recruited by Saudi Arabia’s Film AlUla as mentor for its AlUla Creates initiative that is at the intersection of film and fashion. In his new role, the prolific Formichetti – who besides masterminding Lady Gaga’s instantly iconic meat dress has collaborated with Nicole Kidman, Bad Bunny and Olivia Rodrigo and created visual campaigns for global fashion houses such as Mugler, Diesel and Uniqlo – will “support the first wave of emerging Saudi design talent, as both the film and fashion pathways converge,” according to a statement.

  • Netanyahu spurns Biden plea to call off Rafah assault in Gaza

    Israeli Prime Minister Benjamin Netanyahu spurned a plea from Joe Biden to call off a planned ground assault of Rafah, the last refuge in Gaza for more than a million displaced people, where Israel believes Hamas militants are holed up.
    Netanyahu told lawmakers on Tuesday he had made it "supremely clear" to the U.S. president "that we are determined to complete the elimination of these battalions in Rafah, and there's no way to do that except by going in on the ground".

  • Saudi Arabia launches $182 million incentives for mineral exploration

    The Saudi Ministry of Industry and Mineral Resources, in partnership with the Ministry of Investment, has unveiled a new incentives package for mineral exploration valued at approximately SR685 million ($182 million). This initiative is designed to attract investors to the exploration sector and is committed to nurturing local talent and expertise within the mining industry. The incentives aim to improve geological understanding, uncover untapped mineral resources, and foster the growth of domestic exploration capabilities.

  • Saudi cabinet approves agreement to establish regional IMF office in Riyadh

    Saudi Arabia's cabinet on Tuesday approved an agreement to establish a regional office for the International Monetary Fund in the capital, Riyadh, Saudi state news agency SPA reported.

  • Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports

    Saudi Arabia's government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday, citing three people briefed on the plans.
    Representatives of Saudi Arabia's Public Investment Fund (PIF) have discussed a potential partnership with U.S. venture capital firm Andreessen Horowitz and other financiers in recent weeks, the newspaper reported.

  • French minister tours cultural highlights during Saudi visit

    Prince Badr bin Abdullah bin Farhan, Saudi Arabia’s culture minister, received his French counterpart Rachida Dati, who is currently on a visit to the Kingdom. Prince Badr commended the robust cultural relations between the Kingdom and France, emphasizing their recent development and the Saudi leadership’s commitment to further strengthening bilateral cultural connections.