MUST-READS

• How Will Saudi Arabia Respond to Trump’s $1 Trillion Demand?: Video

  US President Donald Trump’s push for $1 trillion of investments from Saudi Arabia is “completely unrealistic,” according to Karen Young, a senior research scholar at Columbia University. But, the kingdom might make promises of defense purchases and service contracts over a long period, she told Jennifer Zabasajja on Bloomberg TV’s Horizons Middle East and Africa.

• Saudi Arabia approves Matternet drone delivery system

  Matternet has been approved by The Kingdom of Saudi Arabia to operate its M2 drone within the region. The approval, which Matternet says is a first for the country, was granted by Saudi Arabia’s General Authority of Civil Aviation (GACA) after the agency determined that the M2’s Federal Aviation Administration (FAA) Type Certification issued by the United States met GACA airworthiness standards. Matternet’s M2 drone delivery system achieved FAA Type Certification in September 2022. Andreas Raptopoulos, Founder and CEO of Matternet, said the Middle East is a promising region for drone delivery. “Riyadh will have autonomous drone delivery as a new layer of city infrastructure, enabling ultra-fast, cost-efficient, zero-emissions delivery for its businesses and residents.” Matternet first entered the Middle East market in 2021 through a partnership with the Abu Dhabi Department of Health to provide city-wide medical delivery.

• ‘Things are really changing for them’: Why explorer known as ‘Indiana Jones for girls’ is walking across Saudi Arabia

  She’s been described as the “Indiana Jones for girls,” and after becoming the first woman to walk the full length of the Draa River in Morocco, UK explorer Alice Morrison is embarking on a new challenge — walking across Saudi Arabia. Accompanied by camels and local guides, Morrison will traverse through deserts and mountains during the 2,500-kilometer journey, which will take around five months in total. “It’s a massive adventure,” Morrison, who has been walking around 25 kilometers (15 miles) a day, tells CNN Travel via Zoom. “I seek challenge, knowledge and connection. And I think you get all of those doing what I do.” Morrison, who speaks fluent Arabic, concedes that she isn’t necessarily a typical explorer, and was actually working as a CEO of a media development company up until 2011.

• A catalyst for change

  There with us was a team from the General Organization for Conservation of Coral Reefs and Turtles in the Red Sea, known simply as SHAMS. This pioneering group is at the forefront of coral and turtle conservation in a country just beginning to chart its path in this critical line of work. The SHAMS crew brought together experts from all corners of the globe, including a team of Saudi locals, each with years of experience in coral and turtle restoration, conservation, and ecosystem management. Their collective stories of where they’d been and what they’d encountered made certain that every meal was brimming with tales of challenges and triumphs. What struck us most, though, was the contrast between Saudi Arabia’s reputation and the reality of what we were experiencing firsthand.

• Saudi, other OPEC+ ministers meet after Trump calls for lower oil price
  Saudi Arabia's energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries, according to official statements and sources. Trump last week called on Saudi Arabia and OPEC to lower oil prices. OPEC+ has yet to respond, but five OPEC+ delegates said a meeting of the group's top ministers on Feb. 3 is unlikely to adjust its current plan to start raising output from April. On Monday, Saudi Energy Minister Prince Abdulaziz bin Salman held talks with Iraq's Hayan Abdel-Ghani and Libya's Khalifa Abdulsadek in Riyadh, the Saudi Press Agency (SPA) reported.

• Will Trump Trigger a New Oil Price War Between OPEC and The West?

  One thing will have become extremely clear to Saudi Arabia’s Crown Prince Mohammed bin Salman in the lead-up to Donald Trump beginning his second stint as U.S. President. This is because he wants oil prices lower. He aims to achieve this by dramatically increasing oil exploration and production at home and by pressuring OPEC and its effective leader Saudi Arabia to lower their oil prices too, however they can. Surrounding this are various carrots and sticks that are part of the usual rough and tumble of dealmaking as Trump likes to practice it.

• Decarbonizing Saudi Arabia Energy and Industrial Sectors: Assessment of Carbon Capture Cost

  Saudi Arabia has committed to achieving net-zero emissions by 2060. However, the economic implications of deploying CCUS within the Kingdom remain insufficiently explored. This work provides updated estimates of CO₂ emissions across key sectors in Saudi Arabia, including electricity, petrochemicals, refineries, cement, steel, ammonia production, and desalination, based on 2022 data.

• Saudi Arabia club Al-Hilal says contract with Neymar has been terminated by mutual consent

  Saudi Arabia club Al-Hilal said Monday it reached an agreement with striker Neymar to terminate his contract by mutual consent. Neither side confirmed details of the termination after the 32-year-old Brazilian, once hailed as one of the world’s best players, played only seven matches for the club, with only one goal and two assists. Despite being sidelined since October 2023 due to an ACL injury, former Barcelona and Paris Saint-Germain star Neymar was part of the squad that won last season’s Saudi league. Their deal was due to expire after Al-Hilal’s participation in this year’s FIFA Club World Cup, which will be played between June 15 and July 13 in the United States.

• Gaza residents stream home to the north after hostage breakthrough
  Tens of thousands of Palestinians streamed along the main roads leading north in Gaza on Monday after Hamas agreed to hand over three Israeli hostages later this week and Israeli forces began to withdraw from a main corridor across the enclave.  A mass of people, some holding infants in their arms or carrying bundles of belongings on their shoulders, headed north on foot, along a road running by the Mediterranean Sea shore.
  "It's like I was born again and we were victorious again," said Palestinian mother, Umm Mohammed Ali, part of the miles-long throng that processed slowly up the coastal road. Witnesses said the first residents arrived in Gaza City in the early morning after the first crossing point in central Gaza opened at 7:00 a.m. (0500 GMT). Another crossing opened around three hours later, letting in vehicles.

• Big Oil in no rush to ‘drill baby drill’ this year despite Trump agenda
  Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns, despite calls by President Donald Trump to "drill, baby, drill." Big Oil begins reporting fourth-quarter results this week, and outlooks for the coming year should reflect the dissonance between Trump's oil and gas-maximizing agenda and investor expectations. The industry has pushed in recent years to drive down costs and increase production by using more efficient technology rather than drilling many new wells. Producers also must contend with lower global oil prices as the post-pandemic demand rebound runs its course and as China's economy struggles. Benchmark Brent crude oil prices are projected to average $74 per barrel in 2025, down from $81 in 2024, according to the U.S. Energy Information Administration. Overall, for the U.S. exploration and production sector, analysts at Scotiabank expect companies to target up to 5% production growth this year, and flat to slightly lower year-over-year capital expenditures.

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