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  • Top esports teams from the Gulf region prepare for an epic showdown in Riyadh

    Esports fans eagerly await the GCC League 2024 finals in Riyadh. Hosted by the Saudi Esports Federation (SEF), this premier Middle Eastern tournament features top talent from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. The competition began with 12 teams competing in Rocket League, a popular vehicular football game, and will culminate on June 27-28. Contestants will vie for a $150,000 prize pool, competing in both Rocket League and TEKKEN 8.

  • The Gulf Cooperation Council and the Countdown to Net Zero

    One of the most important outcomes of COP28 was the first global stocktake, which reviewed what had been achieved on climate action since the 2015 Paris Agreement and identified the gaps. It recognized that by 2030 global greenhouse gas emissions need to be cut by 43% from 2019 levels to limit global warming to 1.5 degrees Celsius. The findings will form the basis for stronger climate action plans due to be submitted by all parties by 2025.

  • Hezbollah downs Israeli drone over Lebanon with missile

    An Israeli pilotless plane was shot down over Lebanese territory by a surface-to-air missile on Saturday, Israel's military said, and Hezbollah claimed responsibility for the interception.
    In a statement, Hezbollah said it downed a Hermes 900 drone in solidarity with Gaza, where Israel has been waging an almost eight-month-old war against Hamas, another Iranian-backed group.
    Video circulated online appeared to show a plane of a size corresponding to that of a Hermes, aflame and gyring earthward.

  • Another US MQ-9 Reaper drone goes down in Yemen, images purportedly show

    Another U.S. MQ-9 Reaper drone went down in Yemen, images purported to show Wednesday, as Yemen’s Houthi rebels continued attacks on shipping around the Red Sea over the Israel-Hamas war. The Houthis released footage they said showed the aircraft being targeted with a surface-to-air missile in a desert region of Yemen’s central Marib province. It marked the third-such downing this month alone.

  • Big Airbus order overshadows Boeing at Riyadh conference

    Saudia Group, owner of Saudia airline and budget carrier flyadeal, placed a hefty order for 105 Airbus (AIR.PA), opens new tab narrow-body aircraft on Monday, marking a bounce-back for the European planemaker just months after Boeing had been tipped to win more Saudi business.
    Ibrahim Al Omar, Saudia Group's director general, described the order for 12 A320neo and 93 A321neo single-aisle aircraft as the largest in the country's history.

  • Jordan foils arms plot as kingdom caught in Iran-Israel shadow war

    Jordan has foiled a suspected Iranian-led plot to smuggle weapons into the U.S.-allied kingdom to help opponents of the ruling monarchy carry out acts of sabotage, according to two Jordanian sources with knowledge of the matter.
    The weapons were sent by Iranian-backed militias in Syria to a cell of the Muslim Brotherhood in Jordan that has links to the military wing of Palestinian group Hamas, the people told Reuters. The cache was seized when members of the cell, Jordanians of Palestinian descent, were arrested in late March, they said.

  • Tyson Fury Arrives In Saudi Arabia For Undisputed Showdown With Usyk

    WBC heavyweight champion Tyson Fury has made his arrival in Saudi Arabia for his clash against IBF/WBA/WBO champ Oleksandr Usyk undisputed fight on May 18th at the Kingdom Arena in Riyadh.

  • US needs cheaper ways to shoot down drones, Pentagon acquisition chief says

    After months of shooting down drones over the Middle East, the cost of those interceptions is getting too high. That’s according to the Pentagon’s chief of weapons procurement, who said that efforts to take out uncrewed aerial systems are now exceeding $100,000 per shot.

  • Saudi Arabia will ‘downscale’ some Vision 2030 projects like Neom amid ‘challenges,’ minister says

    Officials said in a press release that the credit line will support Neom's short-term financing requirements, including the development of Trojena, The Line, and the luxury island destination Sindalah. Neom's CEO, Nadhmi Al-Nasr, said: "This new credit facility, backed by Saudi Arabia's leading financial institutions, is a natural fit within our wider strategy for funding. We continue to explore a variety of funding sources as we deliver transformational infrastructure assets while supporting the wider Vision 2030 program."

  • Saudi banks’ aggregate profit down 7% to SAR 6.9B in March

    Banks operating in Saudi Arabia reported a 6.7% decline in aggregate net profit before Zakat and tax to nearly SAR 6.93 billion in March, compared to SAR 7.4 billion a year earlier, monthly data issued by the Saudi Central Bank (SAMA) showed.