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  • Heart of Arabia expedition to launch award for in-depth study of Saudi Arabia

    The Heart of Arabia expedition is set to launch an initiative, the Philby Arabia Fund, in collaboration with the Saudi British Society, that would provide an award to a researcher, creative or historian seeking to study and promote further understanding of the Kingdom. The award honors British Arabist, explorer and writer Harry St. John Bridger Philby, who converted to Islam and took the name Abdullah. He undertook an information-gathering expedition across what is now modern-day Saudi Arabia in 1917.

  • Saudi Arabia to allow some companies to operate without local headquarters

    Saudi Arabia has announced some companies will be able to operate in the kingdom without having a headquarters in the country. Companies with foreign operations not exceeding 1 million Saudi riyals ($266,000) can operate in the kingdom without local headquarters, it was reported on Sunday. Firms competing for government contracts without any other bidders are also exempt from the rules.

  • Saudi art movement stagnates in Jeddah as Riyadh flourishes

    “One of the reasons behind the thriving art movement in Riyadh is the mega projects, such as Qiddiya and Diriyah. Moreover, artists can make their way to AlUla, NEOM, as well as a number of heritage and tourist sites,” Zarban said.

  • Saudi hospital performs heart transplant for youngest patient in Middle East

    The King Faisal Specialist Hospital and Research Centre’s pediatric cardiac surgery team performed consecutive heart transplants on two children within 24 hours in Riyadh. Before the surgeries, the transplant recipients — two Saudi girls, an under 8-month-old infant and a 19-month-old baby — were in critical condition due to heart failure, necessitating the installation of temporary artificial pumps. The girls were also placed in intensive care units while awaiting transplants.

  • A single Iranian attack drone found to contain parts from more than a dozen US companies

    The assessment, which was shared with US government officials late last year, illustrates the extent of the problem facing the Biden administration, which has vowed to shut down Iran’s production of drones that Russia is launching by the hundreds into Ukraine. CNN reported last month that the White House has created an administration-wide task force to investigate how US and Western-made technology – ranging from smaller equipment like semiconductors and GPS modules to larger parts like engines – has ended up in Iranian drones.

  • Opinion: Why Palestine is at the heart of what it means to be Arab

    Whereas Arabs are of many faiths and sects, and millions of Arabs do not necessarily speak Arabic (think of the huge diaspora communities outside the Arab world in North, Central, and South America as well as in Europe, who write and think primarily in English, French, German, Spanish or Portuguese), every Arab knows about Palestine.

  • Chart: Tesla Still Dominates the U.S. EV Market

    With all the negative headlines surrounding Tesla and its increasingly controversial CEO Elon Musk in recent weeks, it’s easy to forget that the company’s cars are still very popular. While it’s too early to say whether Musk’s Twitter takeover and the turbulences that came with it will have a significant negative impact on demand for Tesla’s cars, its current position as the maker of the most popular electric cars in the United States and in many parts of the world is clear.

  • The Global Economy’s Turbulent Year in Five Charts

    It’s been a turbulent year. The global economy’s better-than-expected growth prospects early on quickly turned to concern after Russia’s invasion of Ukraine. Coupled with rapid and persistent inflation, particularly for food and energy, these headwinds weighed on growth and dimmed our forecasts. Our Chart of the Week blogs have chronicled these inflection points. This week, we showcase five of our most popular charts that helped illustrate the effects of these developments. With updated data, the visuals also show how things have progressed since then.

  • Saudi shares make positive start to 2023

    Saudi Arabia's stock market rose on Sunday, starting 2023 on a positive note in line with the country's economic forecast, while region's other major markets were closed and many investors absent because of year-end holidays. Earlier last month Reuters reported that Saudi Arabia expects to post a second consecutive budget surplus in 2023, though down 84% from this year as an uncertain global economic outlook and lower crude prices look set to weigh on the top oil exporter's revenues. The kingdom approved a 1.114 trillion riyal ($296.39 billion)- budget for 2023, forecasting a surplus at 0.4% of gross domestic product, down from an expected 2.6% in 2022.

  • Opinion: Kingdom, come: The case for partnering with Saudi Arabia

    Israel, of course, will remain an important anchor of U.S. policy, but the region’s trajectory through the coming year and beyond will require Washington to secure its interests with more than just one linchpin. Arab and Muslim aspirations cannot be addressed, or harnessed, through Tel Aviv.