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Dolce & Gabbana Launches Flagship Saudi Store at Via Riyadh after Approaching KSA Market with ‘Caution and Respect’
Fashion icon Dolce & Gabbana unveiled a unique strategy for Saudi Arabia, opening up a flagship new store in Via Riyadh after approaching the market with “caution and respect,” Vogue Middle East reported.
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KSRelief Spearheads Saudi aid to Gaza and the Globe
King Salman Humanitarian Aid and Relief Centre (KSRelief) provides humanitarian aid and relief to people outside of Saudi Arabia’s borders. KSRelief was established by King Salman bin Abdulaziz in 2015 and works in 46 countries, with a focus on the Middle East and North Africa region.
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Biden’s Oil Boom
Reuters reports that during the Biden administration not only has oil production hit record highs but energy company profits, dividends, drilling permits, jobs and energy exports are all up.
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PIF Increases Investment in Lucid
Ayar Third Investment Company, a PIF affiliate, will buy $1 billion in convertible preferred stock and will be able to convert the preferred stock into about 280 million shares, according to a regulatory filing with the U.S. securities regulator.
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Saudi Arabia to join Miss Universe for the first time
27-year-old model, influencer, and beauty pageant veteran Rumy AlQahtani announced on Instagram that she will be representing Saudi Arabia in 72nd Miss Universe contest in Mexico later this year.
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Hyundai and Red Sea Global Agree to Test EVs and Air Mobility Systems
Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Global (RSG) to cooperate in the Middle Eastern country’s push for electrification and other eco-friendly future mobility projects.
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Saudi Film Commission Reports Impressive 2023 Growth Statistics
Published in Screen Daily, the Saudi Film Commission reported on topline 2023 metrics for Saudi Arabia’s growing film industry. With more than 50% of the Saudi population under 25, there is a significant appetite for cinema, particularly for US action films, Egyptian comedies, and Saudi narratives.
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FIFA Series 2024 Friendly Matches Kick Off in Jeddah
The FIFA Series: Saudi Arabia A will be held in Jeddah, Saudi Arabia from March 21–26, 2024. The event will feature two groups, including Cambodia, Equatorial Guinea, Guyana, and Cape Verde. The series is designed to help national teams that do not often play teams from other confederations, and FIFA will cover the teams’ travel costs. There will be […]
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NYT Reports on Proposed $40B Saudi AI Investment
The New York Times’ Maureen Farrell and Rob Copeland report that Saudi Arabia is working with Wall Street banks to establish a $40 billion AI-focused investment fund.
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U. S. Secretary of State Antony Blinken to Visit Middle East this week Seeking Ceasefire Agreement
U.S. State Department spokesman Matthew Miller said, “The Secretary will discuss efforts to reach an immediate ceasefire agreement that secures the release of all remaining hostages, intensified international efforts to increase humanitarian assistance to Gaza, and coordination on post-conflict planning for Gaza, including ensuring Hamas can no longer govern or repeat the attacks of October 7.”
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US blacklists two IRGC interrogators in first Iran sanctions under Biden admin
ecretary of State Antony Blinken announced designating IRGC interrogators Ali Hemmatian and Masoud Safdari for “involvement in gross violations of human rights, namely the torture and/or cruel, inhuman, or degrading treatment or punishment of political prisoners and persons detained during protests in 2019 and 2020 in Iran.”
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Air strike kills IRGC commander at Iraq-Syria border – Iraqi officials
Israel launched air raids against what it called a wide range of Syrian and Iranian targets in Syria last week, signalling that it will pursue its policy of striking Iranian targets in the region as U.S. President Donald Trump prepares to leave office.
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IRGC threat to Israel infuriates Lebanon
General Morteza Qorbani said, “If the Zionist regime makes the smallest mistake toward Iran, (the Revolutionary Guards) will reduce Tel Aviv to ashes from Lebanon,” without firing a single missile from Iranian territory.
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Treasury Designates Vast Iranian Petroleum Shipping Network That Supports IRGC-QF and Terror Proxies
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against a large shipping network that is directed by and financially supports the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its terrorist proxy Hizballah.
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United States Disrupts Large Scale Front Company Network Transferring Hundreds of Millions of Dollars and Euros to the IRGC and Iran’s Ministry of Defense
“We are targeting a vast network of front companies and individuals located in Iran, Turkey, and the UAE to disrupt a scheme the Iranian regime has used to illicitly move more than a billion dollars in funds,” said Treasury Secretary Steven T. Mnuchin.
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The War in Syria is Transforming the IRGC into an Expeditionary Force
Just as the war with Iraq from 1980 to 1988 transformed the Islamic Revolutionary Guard Corps from a group of ragtag militias into Iran’s pre-eminent military force, the war in Syria is transforming the IRGC, in its entirety, into an expeditionary force.
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How the IRGC is trying to tighten its grip on Rouhani
The listing of the IRGC as one of three organs that must vet appointees to sensitive positions, alongside the judiciary and the Intelligence Ministry, is among the other key criticisms directed at the parliamentary bill.
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IRGC: Iran’s Power Player
Formed in 1979, the IRGC plays a key role in Iranian domestic and foreign affairs, and the Quds Force, headed by Soleimani, conducts the IRGC’s extraterritorial operations.
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