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The team behind the US ‘Deal of the Century’ is heading to Israel
The entire US peace team – Jared Kushner, Avi Berkowitz and Brian Hook – are headed to Israel and expected to meet Prime Minister Benjamin Netanyahu and Blue and White leader Benny Gantz, The Jerusalem Post has confirmed.
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SEC to roll out smart meters in Saudi Arabia next month
Saudi Electricity Company (SEC) has revealed that it will soon launch the first phase of the smart metering project. Old smart meters will be replaced with new smart meters starting February. In the second phase, meters will be linked to telecom systems, presumably to users’ smartphones, before being linked to the billing systems in the third and final stage.
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3D-printed structure made of sand unveiled in Saudi Arabia
Fusing sand and furan resin, the architects used 3D printing technology to produce 58 elements that were then joined to create a continuous undulating form. The curving design suggests the feel of alleyways, while the perforated elements borrow from palm trees.
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Norway’s prime minister loses majority after authorities repatriate Islamic State suspect and her children from Syria
Many European nations have refused to heed calls to repatriate suspected Islamic State fighters and their children from Syria. In some cases, their reluctance drew heavy criticism from human rights groups and the Trump administration, with the latter viewing the Europeans’ approach as a security threat.
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Saudi investors said to eye deal for London’s famous Ritz hotel
Saudi families are reportedly interested in buying the Ritz Hotel in London from the billionaire Barclay brothers. The Financial Times reported on Tuesday that the brother are in talks to sell the hotel to a private investment group that represents wealthy Saudi Arabian families.
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White House unveils list of leaders to meet with President Trump at forum in Davos
Among the leaders he will meet with include Iraqi President Barham Salih, Pakistani Prime Minister Imran Khan, Swiss Confederation President Simonetta Sommaruga and Nechirvan Barzani, the President of the Kurdistan Regional government. Reuters previously reported as well that Trump also intends to meet with Ursula von der Leyen, President of the European Commission.
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World Economic Forum – Global Risks Report 2020
The global economy is facing an increased risk of stagnation, climate change is striking harder and more rapidly than expected, and a fragmented cyber space threatens the full potential of next generation technologies — all while citizens worldwide protest political and economic conditions, and voice concerns about systems that exacerbate inequality.
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BP pulls out of Iraq’s Kirkuk field as expansion plans stall
BP has pulled out of Iraq's giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field's expansion, dealing a fresh blow to Iraq's hopes to increase its oil output, three sources told Reuters. The move comes as Western energy companies reassess their operations in Iraq amid political turmoil following months of anti-government protests and a flare-up in tensions between the United States and Iran in the country.
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Iran confirms it fired two missiles at Ukrainian plane
Iran has confirmed two missiles were fired at a Ukrainian airliner brought down this month, in a catastrophic error that killed all 176 people on board and sparked angry protests. The country’s civil aviation authority said it has yet to receive a positive response after requesting technical assistance from France and the United States to decode black boxes from the downed airliner.
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Saudi Arabia begins sale of triple-tranche dollar bond
Of Saudi Arabia’s total planned debt issuance this year, almost $12 billion will be used to refinance existing local debt and will also be raised locally, a finance ministry official told Reuters last month. International debt is expected to account for 45% of the remaining $20 billion-worth of new funds that Riyadh plans to raise.
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