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Is tourism the antidote to youth unemployment in Oman?
“I am pretty sure the economy will dictate certain unavoidable reforms in the next few years,” John Sfakianakis, the chief economist of the Saudi Arabia-based Gulf Research Center, told Al-Monitor. In an attempt to energize the domestic economy, the country’s road map for social and economic reform identifies five high-priority sectors, including the employment-intensive tourism industry. Ranked as one of the fastest growing industries in the world, the tourism sector could employ a total of 535,000 people, directly and indirectly, in Oman by 2040 to cater to 11 million visitors.
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Senate passes resolution to limit Trump’s power to order military action against Iran
Eight Republicans joined all Democrats in voting 55 to 45 for the measure, despite sharp warnings from Trump that challenging his war powers would “show weakness” and send “a very bad signal” to Tehran. Trump will almost certainly veto the measure once it passes the House, and neither chamber of Congress has the votes to override that veto, lawmakers say.
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Turkey-Syria clashes escalate as 800,000 displaced people battle bitter temperatures
Despite continued talks between Russia and Turkey no new cease-fire or de-escalation agreement has been reached between the two sides. Instead, President Recep Tayyip Erdogan threatened Wednesday to escalate the conflict beyond Idlib’s borders if another Turkish soldier was hurt.
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Perspective: Macron’s Plan to End the Libyan Conflict Only Made Things Worse
Today Libya is a nation in name only. Haftar’s forces have laid siege to Tripoli for 10 months, and France is increasingly marginalized in a region where it was once the dominant player. When Libya is discussed this weekend at the Munich Security Conference, it will be Russia and Turkey who are the diplomatic heavyweights.
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Giga projects drive tourism in Saudi Arabia
The PIF has announced that Amaala will sit alongside Neom and the Red Sea Project as part of the giga-projects investment portfolio, helping to establish a unique tourism ecosystem, supporting economic diversification and creating high-value job opportunities.
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Saudi Arabia accuses Turkey of supporting extremist militias in three Arab countries
Al-Jubeir stated in a press conference on the sidelines of his visit to the Romanian capital, Bucharest, to meet officials there, on Thursday: “We oppose Turkey’s incursion into Syria, and we oppose Turkey’s support for militias in Somalia, Syria and Libya.”
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Love on Saudi Arabia’s silver screens
The love story is a relatively new concept in Saudi movies, but filmmakers and actors are finding they are increasingly able to portray this aspect of life from the Kingdom’s perspective.
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SEC probes Raytheon over payments in Middle East
Raytheon received a subpoena from regulators as part of an investigation into the company and a joint venture with France's Thales SA, Raytheon said in a securities filing Wednesday. The SEC has asked for information about payments by Raytheon, the joint venture or any intermediaries acting on their behalf in certain Middle Eastern countries dating back to 2014, the company said.
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China Remains World’s Leading Emerging Market; Saudi #6
The strongest clusters of emerging markets are in the Arabian Gulf and Southeast Asia, thanks to business-friendly conditions and core strengths – the Gulf's energy wealth and Southeast Asian manufacturing power – that draw logistics activity.
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US warship seizes suspected Iranian weapons in Arabian Sea
The US military said in a statement on Thursday that its guided-missile cruiser, the USS Normandy, boarded a dhow, a traditional sailing vessel, in the Arabian Sea on Sunday. "The weapons seized include 150 'Dehlavieh' anti-tank guided missiles (ATGM), which are Iranian-manufactured copies of Russian Kornet ATGMs," the statement said.
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