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Commentary: Morocco Looks Ahead to Confront Challenges
The king’s latest approach, since he seems to be exasperated with the government’s lack of vision and drive to implement reforms to enhance governance and diversify the economy, is to set up a commission to prepare options for a new development model and report to him at the beginning of the summer.
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Sunken In A Saudi Super Cup Semi: What We Learned From FC Barcelona Versus Atletico Madrid
In a highly entertaining affair at the King Abdullah Sports City Stadium in Jeddah, FC Barcelona were beaten 2-3 by Atletico Madrid in the Spanish Super Cup semi final. Here’s what we learned from the tie.
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Saudi Arabia’s tax on sugary drinks won’t impact businesses, investments long-term
Overall taxes on goods and services totals $37.85bn, 0.8 per cent higher than 2019 estimates, underpinned by forecasted economic recovery and the implementation of the SSB tax, as per the projections by the Saudi Arabia 2020 budget.
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‘The Perfect Candidate,’ a Saudi movie to debut in German language
Following a series of successful releases by Saudi filmmakers over the past few years, Haifa Al-Mansour’s latest film will be screened in Germany, dubbed into German — a first for any Saudi film.
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Saudi Arabia’s MDL Beast Festival Receives Guinness World Record
MDL Beast, the largest music, arts and culture festival Saudi Arabia has ever hosted, with over 400,000 people in attendance, was awarded a Guinness World Record certificate for the world’s tallest temporary stage.
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Saudi Arabia launches third renewables round as it looks to diversify power mix
The round will include two categories for renewable power with Category A including the 80 megawatt Layla scheme as well as the 120MW Wadi Al Dawaser project. Meanwhile, category B includes the 300MW Saad scheme as well as the 700MW Ar Rass project.
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Saudi Arabia Contracts Katerra to Build 8,000 homes
The Saudi Arabia contract, signed in recent weeks, is part of a larger, $40 billion non-binding agreement Katerra signed with the government in October 2018 to deliver hundreds of thousands of housing units in the country. As part of that broader agreement, Katerra signed its first contract in May 2019 to build 4,101 units in five regions of Saudi Arabia.
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Pakistan Renews Mediation Efforts Between Iran, US And Saudi Arabia
The Prime Minister of Pakistan has directed his Foreign Minister Shah Mehmood Qureshi to undertake visits to Iran, Saudi Arabia and the United States as part of his efforts to seek de-escalation in tensions in the Middle East.
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Japan PM to visit Saudi Arabia, UAE, Oman to ensure energy, shipping security
The Middle East accounted for 89% of Japan's crude imports, or an average of 3.01 million b/d over January-November, according to Ministry of Economy, Trade and Industry data. Around 80% of Middle East oil supplies transit through the Strait of Hormuz to Japan.
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Saudis tweet videos of snowfall in Tabuk
Social media user Abdul Majid Al Sharif tweeted "By the grace of God" its snowing in Tabuk with the hashtag "Tabuk now".
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