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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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OPEC and IEA Agree on Something
The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), two of the leading global energy forecasters, have long disagreed on demand growth. They agree on this however.
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Saudi Non-Oil Activity reaches 50% of GDP as Economy Continues to Diversify
Non-oil economic activity in Saudi Arabia contributed 50 percent to the Kingdom’s gross domestic product in 2023, the highest level ever, the Ministry of Economy and Planning said on Thursday. The total non-oil economy was worth $453 billion at constant prices, driven by continued growth in investment, consumption and exports.
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Already a Riyadh Centerpiece, KAFD CEO Gautam Sashittal Discusses Future Plans
Gautam Sashittal, CEO of King Abdullah Financial District Development and Management Company (KAFD DMC), sits with Imogene Lillywhite of Zawya for an extensive interview outlining what is next for the exciting city hub.
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Al-Hilal’s Streak and Saudi Professional League Spending
Saudi Pro League league standings leader, Al-Hilal, just notched it’s 28th straight win to break the world record for most consecutive wins by a top-flight team.
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Saudi Arabia was The Second-Largest Arms Importer in the World from 2019 to 2023 — SIPRI DATA
Saudi Arabia was the second-largest arms importer in the world from 2019 to 2023, accounting for 8.4% of all imports, according to recent data from the Stockholm International Peace Research Institute’s (SIPRI).
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Gidori, a New Private Golf-Focused Community and Destination at NEOM, Announced with A Focus on Lush Landscaping
The Board of Directors of NEOM has announced Gidori – an exclusive private golf community set amidst the breathtaking coastal hills of the Gulf of Aqaba – as the latest addition to NEOM, the evolving regional development in northwest Saudi Arabia, according to a press release.
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Ramadan Fasting Projected to Begin March 11, Muslims Worldwide Prepare
Based on the Islamic lunar calendar, the dates for Ramadan move through the year which can result in significantly different daily fasting periods depending on where you live. Since there are 12 lunar months superimposed over 12 solar months, Ramadan “moves back” about 11 days per solar year.
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Saudi Arabia Transfers 8% of Aramco to Kingdom’s Public Investment Fund
Saudi Arabia has moved a roughly $160 billion stake in its state oil giant Aramco into its main sovereign wealth fund, the Public Investment Fund, according to a report in the Wall Street Journal.
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New Imagery Released of F1 Circuit at Forthcoming Entertainment City Qiddiya
Saudi Arabia has released computer-generated images of its planned new racing circuit in the forthcoming mega entertainment project Qiddiya, which will feature a 20-story-high elevated first corner and a swimming pool overlooking a section of track, according to reports.
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MUST-READS
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Saudi Arabia plans $100 billion investment to develop aviation sector
A significant portion of the investments, over $50 billion, will go to developing the country’s airports. Moreover, the Kingdom expects airlines to place new aircraft orders worth around $40 billion. The remaining $10 billion will go to other aviation projects across Saudi Arabia, including $5 billion to special logistics zones in the major airports of Riyadh, Jeddah and Dammam.
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Saudi Arabia to reveal roadmap to turn aviation sector into $2bn industry
Details of the roadmap will be set out at the 2024 Future Aviation Forum, convening 5,000 leaders, including private investors, operators, and service providers, set to be held in Riyadh from May 20 to 22. The plan comes after Saudi Arabia revised its 2030 tourism target upwards from 100 million to 150 million visitors in October 2023. The forum is set to be hosted by the General Authority of Civil Aviation, and the organization’s President Abdulaziz-Al Duailej said: “General aviation is vital to growing high-value sectors of the Saudi economy, including tourism, business and entertainment events.
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Half of Gaza water sites damaged or destroyed, BBC satellite data reveals
Hundreds of Gaza's water and sanitation facilities have been damaged or destroyed since Israel began military action against Hamas, satellite analysis by BBC Verify has found.
Damage to a major supplies depot has also severely disrupted repairs.
The lack of clean water and flows of untreated sewage pose a serious threat to health, say aid agencies.
The Israel Defense Forces told the BBC that Hamas cynically exploits civilian infrastructure for terror purposes.
The destruction comes despite Israel's duty to protect critical infrastructure under the rules of war, unless there is evidence sites are being used for military reasons, say human rights lawyers.
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UN General Assembly backs Palestinian bid for membership
The United Nations General Assembly on Friday overwhelmingly backed a Palestinian bid to become a full U.N. member by recognizing it as qualified to join and recommending the U.N. Security Council "reconsider the matter favorably."The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full U.N. member - a move that would effectively recognize a Palestinian state - after the United States vetoed it in the U.N. Security Council last month.
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Saudi Arabia woos investors with lucrative business environment
Khairy added: “The Kingdom has already started to take serious steps to capitalize on its exceptional location through the establishment of logistics and free trade zones, coupled with efforts to diversify the economy under Vision 2030, attracts foreign investment and fosters trade partnerships.”
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Why Netflix’s Honeymoonish director thinks the Middle East needs more rom-coms
Honeymoonish is the first Arab film to reach number one on Netflix's weekly Top 10 chart of the most-watched non-English TV films, accumulating 14 million views in its second week of release.
It is a surprising and exciting result for the cast, crew and particularly for Lebanese director Elie El Semaan, considering it is his first film.
“I'm very happy,” El Semaan tells The National. “The feedback we were getting from day one was bigger than I expected, to be honest. And not only from the Gulf region but from all over the world.”
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Saudi crown prince MBS delays visit to Pakistan for unspecified reasons
Saudi Arabia’s crown prince has deferred his visit to Pakistan for unspecified reasons, dimming the much-anticipated event that Islamabad was hoping would secure further investments and agreements between the two allies.
Saudi crown prince Mohammed bin Salman had been expected to visit Pakistan on 19 May, but according to media reports, that has now been delayed until a later date while Islamabad and Riyadh continue to work out an agreed-upon schedule.
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Cases of Botulism in Saudi Arabia linked to mayonnaise, product recalled
Saudi authorities on Saturday announced that the source of recent cases of food poisoning in Riyadh at a popular burger chain in the Kingdom has been tracked to a bacterium found in a mayonnaise product used by the chain. Last month, scores of cases of Botulism were reported in the Kingdom which were linked to the Hamburgini restaurant chain, prompting the authorities to take necessary measures and open a probe into the matter.
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Saudi Arabian universities need to embrace the AI revolution
The launch in December 2023 of the National Framework for Artificial Intelligence in Digital Learning by the National eLearning Center – set up in 2018 before the outbreak of the COVID19 pandemic, which has been a significant game changer in the distance education scenario – confirms the serious commitment of the Saudi establishment to the use of AI at all educational levels.
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Al Hilal wraps up Saudi League title; Jesus touts season as model of excellence
Al Hilal manager Jorge Jesus lauded the 2023/24 season as "spectacular" after the team clinched the Roshn Saudi League title with a 4-1 victory over Al Hazem. This win secured Al Hilal’s 19th Saudi Arabian league crown and solidified their unbeaten record this season, highlighting a dominant performance throughout.
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