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Saudi Arabia planning confidential new ‘utopia’ project, says architect
Saudi Arabia is working on a confidential new project, according to the architect who designed the masterplan for Qiddiya, the kingdom’s theme park and entertainment city due to open in 2022. Bjarke Ingels, the Danish architect and founder of the Bjarke Ingels Group (BIG) told The Guardian newspaper in an interview he was working on a confidential project which he described as “a human-made ecosystem that is as close to a utopia as you dare imagine”.
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Saudi Arabia’s start-ups hit record number of deals and funding in 2019
Investments in budding businesses in the kingdom surged 92 per cent with 71 transactions recorded last year and the value of total investments rising 35 per cent to $67 million (Dh246m), according to a new report from start-up data platform Magnitt. The kingdom climbed one notch to rank third in the Middle East and North Africa in terms of number of deals and investments, following the UAE and Egypt.
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Saudi smartness: AI hackers gather in the Kingdom
The AI Artathon is an initiative of the Global AI Summit, organised by the Saudi Data and Artificial Intelligence Authority, to show the positive impact and creativity that can be empowered by artificial intelligence.
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How the Middle East Is Reacting to Donald Trump’s Israeli-Palestinian Peace Plan
Middle Eastern nations offered mixed reactions to President Donald Trump's long-awaited Israeli-Palestinian peace plan, a framework negotiated without the participation of Palestinians, who have been engaged in a land dispute with the world's only majority-Jewish nation since its creation in 1948.
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Officials Recover Remains at U.S. Military Plane Crash Site in Afghanistan
Military officials said that they had recovered two sets of remains from the two-person plane, and that the crash did not appear to be caused by enemy fire.
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Lebanon Prime Minister asks government, banks for plan to restore confidence
Lebanese Prime Minister Hassan Diab asked the government and the country’s banks on Wednesday for a plan to restore confidence as the country faces its worst economic and financial crisis in decades. At a meeting of ministers and banking officials, Diab said the impression he got from the central bank and banking association was Lebanon still had “ways out” of the crisis.
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More US service members diagnosed with brain injury after Iran missile attack
A total of 50 U.S. service members suffered traumatic brain injury from this month’s Iranian missile attack on Iraqi bases hosting American troops, the Pentagon said Tuesday. Of those TBI cases, which can include concussions, 31 were treated in Iraq and have returned to duty, Pentagon spokesman Lt. Col. Thomas Campbell said in a statement.
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Libya’s war explained: Khalifa Haftar, oil cuts, UAE airstrikes and Russian mercenaries
Libya has seen its oil production slashed by 75% in just one week as warring factions within the country attempt to use the key commodity to seize control.
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Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
The two exploration deals call for a total investment of at least US$332 million, according to a statement from Egypt’s petroleum ministry, carried by Reuters. At the end of 2019, ExxonMobil said that it had acquired more than 1.7 million acres offshore Egypt, adding upstream interests to its downstream business in the country. Exxon bought the 1.2-million-acre North Marakia Offshore block, five miles offshore Egypt’s northern coast and 543,000 acres in the North East El Amriya Offshore block in the Nile Delta. ExxonMobil, which will be the operator of both blocks with 100-percent interest, plans to start exploration operations this year.
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Saudi Deputy Defense Minister Receives Commander of US Central Command
Saudi Deputy Defense Minister Prince Khalid bin Salman received in Riyadh on Tuesday Commander of the US Central Command General Kenneth McKenzie, reported the Saudi Press Agency.
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