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Charts show state of Iranian economy amid sanctions
Officials from both countries have said they’re not seeking an all-out war. Many geopolitical experts said Iran — more than the U.S. — cannot afford to get drawn into war. That’s partly due to the Islamic Republic’s weakened economy after years of punishing sanctions.
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Libya conflict: Turkey and Russia call for ceasefire
The two leaders are seen to back rival sides in a conflict dragging in an increasing number of states. After talks in Istanbul, Mr Erdogan and Mr Putin said the ceasefire should come into force at midnight on Sunday.
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Saudi Arabia Seeks Bidders for Solar Plants in Renewables Push
Saudi Arabia is seeking companies to build four solar power plants as the Persian Gulf oil giant resumes its renewable energy push. The energy ministry is seeking bidders for the projects to build plants capable of generating a total of 1,200 megawatts of solar power, according to a statement from its Renewable Energy Project Development Office.
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Saudi Arabia’s new visa policies boost tourist numbers
The Winter at Tantora festival is currently underway at AlUla Valley, which is attracting large local and international crowds. Mohammed Alkhani, CEO of a travel and tourism company, told Arab News: “We expect bookings to increase by 20 percent. Tickets for AlUla are already sold out and we had to reject many requests.”
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FBI asks Apple for phone data from Saudi shooting suspect
Investigators have been trying to access the two devices — an iPhone 7 and an iPhone 5 that belonged to Mohammed Alshamrani, a 21-year-old 2nd Lt. in the Royal Saudi Air Force — but have been unable to access them because the phones are locked and encrypted, according to the letter from the FBI’s general counsel, Dana Boente.
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Super Cup in Saudi Part of Football’s Desire to Make Money, Barca Coach Says
Barcelona coach Ernesto Valverde has concerns with the new format of the Spanish Super Cup and said that playing the competition in Saudi Arabia is a consequence of the football industry's desire to find more revenue streams. The Super Cup traditionally kickstarted the season in Spain with a two-legged contest between the Copa del Rey winners and La Liga champions although the 2018 edition was played as a one-off game in Tangier, Morocco.
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Saudi Aramco Shares Take Hit From Mideast Conflict
Investors who bought Aramco shares after the Saudi oil giant’s highly anticipated initial public offering last month haven’t benefited from the outbreak of conflict in the company’s Mideast backyard. Shares of the company—officially called Saudi Arabian Oil Co. —have fallen 10% from their peak on Dec. 16, a few days after they began trading on Saudi Arabia’s Tadawul exchange.
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Wanted: 20,000 Saudi taxi drivers (women especially welcome)
The number of Saudis driving taxis had risen from 100,000 to more than 600,000 since 2016, and the sector was now ready for Saudization, Majed Al-Zahrani of the Public Transport Authority (PTA) told Arab News.
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‘Mr Dakar’ wins stage 4 as Sainz keeps the lead in Saudi
Frenchman Stephane Peterhansel, otherwise known as Mr Dakar for his 13 victories in the marathon rally, clocked his first stage win of the 2020 race during Wednesday's 672 kilometre charge from Neom to Al Ula.
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Agents welcome new Saudi Arabia cultural scholarship program
Courses that fall under the cultural scholarship program include archaeology, design, museums, music, theatre, filmmaking, literature, visual arts and culinary arts and can be taken at PhD, bachelor’s and master’s degree levels.
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