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  • Saudi Arabia to establish 15 new plants for medicines, aircraft parts, and metal forming

    Speaking as part of a dialogue session at the third edition of the International Engineering Conference and Exhibition, Osama Al-Zamil said three of the new plants will be advanced factories for vital medicines and medical vaccines, four for assembling aircraft components, and eight for metal forming. The announcement comes as the national strategy for industry is seeking to boost the number of factories in the Kingdom to 36,000 factories by 2035, the deputy minister said.

  • How the Turkey earthquake caused thousands of aftershocks

    These additional quakes, called aftershocks, are common after a large earthquake; many aftershocks can be small relative to the main quake, but some have the potential to be severe and destructive, as was the case in Turkey. A powerful 6.4 magnitude aftershock struck near Antakya city in southern Turkey on Feb. 20, two weeks after the main quake, killing at least six. Another 5.6 magnitude quake struck near Malatya on Feb. 27, killing one person, injuring 110 and causing 29 buildings to collapse.

  • Assad hosts Arab delegation as Syria pursues earthquake diplomacy

    Iraqi Parliament Speaker Mohammed Al-Halbousi has led a high-profile Arab delegation to Damascus to “return Syria to the Arab fold” and show solidarity following devastating earthquakes. The group included representatives of states that severed ties with Syria following the eruption of civil conflict in 2011. As Arab normalization with Syrian President Bashar Al-Assad continues, the absence of delegates from Qatar and Saudi Arabia in Damascus was notable.

  • UN watchdog: Discussions ongoing to clarify 84% enriched particles at Iran site

    The UN atomic watchdog agency reportedly confirmed in a report Tuesday that Agency inspectors detected particles of uranium enriched to 84%, just shy of weapons grade, at the underground Fordo facility on Jan. 22. Discussions with Iran are ongoing to clarify the circumstances, the agency said.

  • SABIC’s quarterly profit slumps 94% on lower sales prices

    Saudi Basic Industries Corp (SABIC) (2010.SE), one of the world's biggest petrochemical companies, said on Tuesday its fourth-quarter net profit slumped 94% on lower average sales prices. The company posted a net income of 290 million riyals ($77.28 million) in the three-month period ended Dec. 31, down from 4.97 billion a year earlier.

  • Party leadership battle reignites in Iraqi Kurdistan

    The long-running leadership struggle within one of Iraqi Kurdistan’s two main parties has reignited. Contradictory court rulings have been issued on whether Patriotic Union of Kurdistan (PUK) leader Bafel Talabani lawfully ousted his former co-president Lahur Sheikh Jangi in 2021. The contention has exacerbated an open sore within the party, and bolstered perceptions that the rival Kurdistan Democratic Party (KDP) is interfering in the PUK’s internal affairs for its own benefit.

  • A Lab Leak in China Most Likely Origin of Covid Pandemic, Energy Department Says

    The U.S. Energy Department has concluded that the Covid pandemic most likely arose from a laboratory leak, according to a classified intelligence report recently provided to the White House and key members of Congress. The shift by the Energy Department, which previously was undecided on how the virus emerged, is noted in an update to a 2021 document by Director of National Intelligence Avril Haines’s office.

  • Chart: The World’s Most-Sanctioned Countries

    In the wake of its invasion of Ukraine, Russia is now the most-sanctioned country in the world, with 14,081 sanctions on Russian individuals and entities currently in place, five times the amount compared to before it recognized the Luhansk and Donetsk regions as independent states on February 22, 2022. As our chart based on data aggregated by Castellum.AI

  • Turkey’s Presidential Election in the Shadow of Devastating Earthquakes

    Turkish President Recep Tayyip Erdoğan’s Justice and Development Party (AKP) rose to power on the heels of the earlier calamity, which revealed incapacitated state institutions and widespread corruption led by the Turkish military elite and their cronies—also the root causes of the 2001 financial crisis that led to the collapse of the country’s entire banking system. Increasing public demand for reforms then created a political opportunity for the newly-founded AKP, which succeeded in coming to power in 2002 with major promises of financial reforms and better governance.

  • Saudi Arabia Retrieves its Artifacts

    To this end, Saudi Arabia has created a list of the artifacts that had been illegally taken out of the country and sold, gifted to foreign museums or private collections, or made their way to the auctions. It has also adopted the appropriate frameworks for recovering these items from bodies and individuals inside and outside the Kingdom, working alongside an array of international institutions and organizations that work on bringing looted heritage back to its original homes.