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  • AlUla Arts Festival returns with Saudi Arabia’s first Andy Warhol exhibition

    Font Size The AlUla Arts Festival will return for its second edition on February 16 with Saudi Arabia’s first exhibition of artworks by the renowned American contemporary artist Andy Warhol. The ‘FAME: Andy Warhol in AlUla’ will feature Warhol’s famous paintings and prints of Hollywood stars and celebrities alongside his ground-breaking installation Silver Clouds and archival photography.

  • Opinion: Netanyahu’s Judicial Coup Could Destroy His Start-Up Nation

    Any investor, foreign or domestic, should be worried that Netanyahu is letting the judicial extremists in his cabinet ignite a legal intifada in Israel and a Palestinian intifada in the West Bank — at the same time. And they are doing it in a hyperconnected world where American and European investors now have a strong motivation to carefully guard their E.S.G. ratings, which measure a company’s resilience and exposure to long-term environmental, social and governance risks.

  • Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter

    Saudi Arabia's sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down from $36.8 billion at the end of September, dragged down by a $6.8 billion decrease in value of electric carmaker Lucid (LCID.O), it said in a regulatory filing. PIF, which already owned more than 60% of Lucid, bought more than 93.75 million shares in the carmaker in the third quarter, according to Reuters calculations based on the U.S. filing. That was equivalent to roughly 5.6% of Lucid shares, according to calculations based on Refinitiv data.

  • Already vulnerable, Turkey’s economy now faces massive earthquake recovery costs

    The government managed to escape a looming currency crisis through these policies and changes in the international environment. The underlying problems facing the Turkish economy have not been addressed or even definitely delayed though. The economy remains highly vulnerable to external financial shocks or worsening domestic expectations. The recent earthquakes are only likely to exacerbate these issues.

  • Earthquake fans anti-Syrian sentiment in Turkey amid desperate conditions

    The devastating earthquake to hit Turkey and Syria has fanned resentment among some Turks towards the millions of Syrian refugees in the country who are being blamed anecdotally by some for looting amid the destruction and chaos. Several Turks in quake-hit towns and cities have accused Syrians of robbing damaged shops and homes. Anti-Syrian slogans such as "We don't want Syrians," "Immigrants should be deported," and "No longer welcome" trended on Twitter.

  • Riyadh Marathon sees over 15,000 runners take part

    The race on Feb. 11 was a collaboration between the SFA, Ministry of Sports, Quality of Life program and Saudi Arabian Athletic Federation. A total of $267,000 (SR1 million) was up for grabs in the elite races. Prince Khaled bin Alwaleed bin Talal Al-Saud, president of the SFA, awarded the winners their prizes, in the presence of Prince Nawaf bin Mohammed bin Abdullah, vice president of the International Athletics Federation, and Shaima Saleh Al-Husseini, SFA’s managing director.

  • Saudi Arabia to send first female astronaut to space in second quarter of 2023

    Saudi Arabia on Sunday announced that it will send its first female astronaut, Rayyanah Barnawi, and a male astronaut, Ali AlQarni, to the International Space Station (ISS) during the second quarter of 2023. Both astronauts will join the crew of the AX-2 space mission, which is scheduled to launch from the United States.

  • Turkey investigates contractors as earthquake deaths pass 33,000

    Turkish Justice Minister Bekir Bozdag said 131 people were under investigation for their alleged responsibility in the construction of buildings that failed to withstand the quakes. While the quakes were powerful, many in Turkey blame faulty construction for multiplying the devastation.

  • ‘A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

    Reuters spoke to dozens of residents and overwhelmed first-responders who expressed bewilderment at a lack of water, food, medicine, body bags and cranes in the disaster zone in the days following the quake - leaving hundreds of thousands of people to fend for themselves in the depths of winter.

  • Earthquake death toll tops 33,000, Turkey starts legal action

    Rescuers pulled more survivors from the rubble on Sunday, nearly a week after one of the worst earthquakes to hit Turkey and Syria, as Turkish authorities sought to maintain order across the disaster zone and began legal action over building collapses. With chances of finding more survivors growing more remote, the toll in both countries from Monday's earthquake and major aftershocks rose above 33,000 and looked set to keep growing. It was the deadliest quake in Turkey since 1939.