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MUST-READS
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Free to Game: E-sports in the Gulf
Discussions over establishing an e-sports free zone in Dubai reflect the high-growth potential of competitive online gaming across the broader Gulf region.
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Hasna Al-Hammad: The Saudi Fencer Writing History One Hit At A Time
A young athlete with still a long career ahead of her, Hasna Al-Hammad has already made her mark on the world by earning a gold medal in fencing, making her the first female fencer in the history of Saudi Arabia to do so. Still in the prime of her athleticism, Al Hammad has participated in many championships, raising the Kingdom’s flag high in Kuwait, Jordan, and the Philippines, and doing so in only the past two years. Earlier this year, Al Hammad joined 62 female fencers in Kuwait to participate in the sixth edition for Women’s Sports in the Cooperation Council for the Arab States of the Gulf, marking the largest female delegation in the history of Saudi sports.
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Why the sky’s the limit for Saudi’s Red Sea tourism mega project
The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives in Saudi Arabia, has announced plans to become the largest certified Dark Sky Reserve in the world. It is seeking an accreditation that recognises areas with an exceptional quality of starry nights and a commitment to protecting the nocturnal environment.
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Nearly 15 percent rise in value of Saudi date exports
The value of Saudi date exports in 2019 reached SR865 million ($230.5 million), up 14.6 percent from 2018, when the value was SR755 million, the Saudi Press Agency reported on Thursday.
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Russia’s Big Bet Against U.S. Oil Is Very High Risk
The oil price collapse stoked by Moscow’s move and concerns about the effects of the coronavirus on a slew of industrieswill hurt Russia’s economy in the short-term, and there is no guarantee that it can knock out U.S. shale in the long run, analysts said.
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Pain but No Panic in Texas Oil Patch as Saudis Flood Market
The shale drilling peak of a decade ago may never return, but the coronavirus fallout is being taken in stride: “Everyone knows oil is boom and bust.”
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OPEC+ deal collapse, virus double whammy to keep oil in $30s range
The OPEC+ deal collapse added to concerns of demand being squeezed by the rapid global spread of the coronavirus pandemic, which has paralyzed supply chains and triggered a rout in financial markets. Global oil demand is expected to mark its first quarterly decline for the first time since 2009, with most analysts predicting a drop of anywhere between 0.8 million barrels per day (mbpd) and 4 mbpd in the first half of 2020. For the year, a modest demand growth of 0.1-0.5 mbpd is expected. “The prognosis for the oil market is even more dire than in November 2014, when such a price war last started, as it comes to a head with the significant collapse in oil demand due to the coronavirus,” Goldman Sachs said in a note.
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Saudi students, educators take on virtual education challenge amid coronavirus suspension
“Parents should be fully aware of the necessity of their role in completing the educational process, as it is no longer a responsibility in the hands of the school alone . . . teachers are also parents who have children to follow up with at home,”
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Coronavirus: Saudi Arabia Announces 17 New Cases
The Saudi Ministry of Health announced 17 new cases of coronavirus on March 12, bringing the total in the Kingdom to 62. This includes a Saudi citizen who had been in contact with someone who was previously tested positive for the virus and a resident who returned to the country from Portugal, via Turkey. Both patients are in isolation in Riyadh.
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Saudi Arabia floods globe to squeeze Russia’s share of oil market: sources
Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its main markets by offering its own cheap barrels instead after their long-standing deal to support global oil prices fell apart, seven oil sources said.
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