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  • Khaled Bin Alwaleed’s KBW Ventures Joins Series A Round For American Foodtech Startup Black Sheep Farms

    "KBW Ventures is backing Black Sheep Foods with our eyes on the massive addressable market size of sheep and the other heritage meats that the company has in the pipeline," Prince Khaled told Entrepreneur Middle East. "The company's technology, allowing for an amplified flavor profile, excellent texture, and good nutritional approach, makes for a winning platform. We see Black Sheep Foods blazing a new trail for a needed product profile that has thus far gone unaddressed."

  • ‘Arms caches’ raided as death toll of Iran protests rises

    Iranian authorities have reported the seizure of three separate caches of illegal weapons in the restive southeast of the country. The seizures come as the Islamic Republic accuses foreign governments of arming "rioters" in an attempt to fuel the ongoing unrest sparked by the Sept. 16 death of a young Iranian woman in the custody of morality police.

  • Chart: The World’s Largest Arms-Producing Companies

    As a glance at this infographic reveals, U.S. companies dominate the top of the list. Two Chinese companies also make it though - having both posted strong growth in 2021, Norinco and AVIC had combined arms sales of over $40 billion last year. According to the source, Stockholm International Peace Research Institute (SIPRI), arms sales of the world's largest 100 arms-producing companies grew by 1.9 percent to $592 billion in 2021, despite supply chain challenges.

  • Rise in Iranian assassination, kidnapping plots alarms Western officials

    The Iranian government has stepped up its efforts to kidnap and kill government officials, activists and journalists around the world, including in the United States, according to government documents and interviews with 15 officials in Washington, Europe and the Middle East, who spoke on the condition of anonymity to discuss sensitive information.

  • Giant Wind Farms Arise Off Scotland, Easing the Pain of Oil’s Decline

    Britain is already generating more than 10 percent of its electricity from wind at sea, and on same gusty days, like Nov. 2, wind produces more than half. As energy security becomes a critical issue in wake of Russia’s war in Ukraine, the country aspires to nearly quadruple offshore capacity over the next decade.

  • In a pivotal shift, the Middle East emerges as an arms exporter

    Turkey was already the 12th largest supplier of major arms globally before the war in Ukraine. It has since shot to prominence by supplying Bayraktar TB-2 drones to Kyiv. On the opposite side of the conflict, Iran has stepped in, providing Russia with cheap drones, like the Shahed-136, produced from commercially available component parts. The rewiring of the arms trade in the Middle East comes as traditional superpowers reassess their ability and willingness to sell arms abroad.

  • Top Democrat warns Saudi arms freeze could benefit Russia and China

    Rep. Adam Smith (D-WA.), the chairman of the House Armed Services Committee, said in an interview that an proposed year-long suspension of U.S. arms sales to Saudi Arabia could benefit both Russia and China. During an appearance on CNN’s “At This Hour,” Smith told host Kate Bolduan that even though the U.S. has a strained relationship with Saudi Arabia, citing several ongoing issues such as the death of Washington Post columnist Jamal Khashoggi and Arabic country’s current conflict with neighboring Yemen, freezing their arms deal would create uncertainty between the two countries.

  • Most Americans oppose arms sales to Saudi, new poll finds

    The poll also found that most Americans – nearly 70 per cent were against the continuation of US arms sales to Saudi Arabia, of those almost 35 per cent were "strongly" opposed to it. Among the top reasons for those opposed to the arms sales was the kingdom's track record of human rights abuses followed by its use of US-provided weapons in the war against Yemen.

  • German government approves arms exports to Saudi Arabia: reports

    Germany's coalition government has approved new arms export deals to Saudi Arabia, media reported on Thursday. The reports emerged after German Chancellor Olaf Scholz returned from a trip to Saudi Arabia, the United Arab Emirates (UAE) and Qatar. Berlin had imposed a ban on weapons exports to Riyadh over its involvement in the war in Yemen, as well as accusations of murdering the dissident US-Saudi journalist Jamal Khashoggi.

  • PHOTOS: Saudi-backed LIV golf series lands at Illinois’ Rich Harvest Farms

    Players and organizers arrive at Rich Harvest Farms in Sugar Grove for the pro-am at the Saudi-backed LIV Golf tournament on Sept. 15, 2022.