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  • NDMC closes the April 2024 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

    The National Debt Management Center announces the closure of April 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated was set at SAR 7.396Bn (seven billion and three hundred and ninety-six million Saudi Riyals).

  • In Iran, talk of capacity to build nukes sparks bipartisan backlash

    Supreme Leader Ayatollah Ali Khamenei has accused the US of attempting a Libya-style shutdown of Iran’s nuclear facilities. This comes as some Iranian officials have indicated that the Islamic Republic may turn to nuclear weapons if pushed into a corner. But rather than being welcomed amid tension with Israel, such remarks have sparked a cross-partisan backlash—with both media and pundits portraying such discourse as a pretext for the west to further sanction Iran.

  • House passes long-awaited aid for Ukraine, Israel, Indo-Pacific

    By large margins on Saturday, the House passed a package of three linked bills advancing $60 billion in military aid for Ukraine, $26 billion in military aid for Israel, and $8 billion for “countering China” in the Pacific.

    The measures come at “a moment of grave urgency, with Israel facing unprecedented attacks from Iran, and Ukraine under continued bombardment from Russia,” U.S. President Joe Biden said in a statement. “I urge the Senate to quickly send this package to my desk so that I can sign it into law and we can quickly send weapons and equipment to Ukraine to meet their urgent battlefield needs.”

  • UK Launches Saudi Investment Drive to Grab Share of MBS’s Vision

    The UK and Saudi Arabia will hold a trade expo in Riyadh next month as Rishi Sunak launches an investment drive aimed at taking advantage of Crown Prince Mohammed bin Salman’s Vision 2030 project. A delegation of more than 300 British business executives will join Deputy Prime Minister Oliver Dowden at the Saudi Great Futures event on May 14-15, according to a statement from Dowden’s office. The event will mark the start of a year-long campaign to showcase UK firms to Saudi investors with a focus on sectors that support the country’s Vision 2030, which was established by bin Salman eight years ago to diversify the economy away from oil.

  • US aid to Ukraine moves closer to possible passage

    The U.S. Congress moved closer on Thursday to ending a months-long stalemate and voting on legislation to provide billions of dollars in security assistance to Ukraine, Israel and Taiwan, despite bitter debate over the measure ahead of a weekend vote. Members of the Republican-led House of Representatives Rules Committee spent hours debating the package of four bills: three providing the security aid and a fourth with measures including sanctions, a threat to ban the social media app TikTok and the potential transfer of seized Russian assets to Ukraine.

  • UK’s Cameron, in Israel, says Israelis have decided to retaliate against Iran

    Israel has clearly decided to retaliate against Iran for missile and drone attacks, Britain's foreign minister David Cameron said during a visit to Israel on Wednesday, the starkest warning yet of another volley coming in regional escalation.
    World powers are striving to prevent a wider outbreak of conflict in the Middle East after Iran's attacks on Saturday night, which involved hundreds of missiles and drones, the first time Iran has directly attacked Israel after decades of confrontation by proxies.

  • Why we can shoot down Iranian drones over Israel but not Ukraine

    On Monday, reporters asked White House National Security Council spokesman John Kirby why the United States and allies had shot down Iranian drones over Israel but not Ukraine. “Two different conflicts, different airspace, different threat picture. And the President has been clear since the beginning of the conflict in Ukraine that the United States is not going to be involved in that, that conflict in a combat role,” Kirby said. He noted that the U.S. had provided air-defense systems to Ukraine until Congress halted aid.

  • The benefits of neutrality: Saudi foreign policy in the wake of the Ukraine war

    Regardless of its voting behaviour at the UN, the Kingdom – which, unlike other Middle East states, was less dependent on wheat imports from the Black Sea region (Al-Saidi, 2023) – settled on the adoption of a neutral position. Only in May 2023 would Minister of Foreign Affairs Faysal bin Farhan officially acknowledge that stance, holding that Saudi Arabia had adopted ‘positive neutrality’ during the war (Al Arabiya, 2023).

  • Russia, Germany, UK urge restraint as Iranian threat puts Middle East on edge

    Russia, Germany and Britain on Thursday urged countries in the Middle East to show restraint and Israel said it was preparing to "meet all its security needs" in a region on edge over an Iranian threat to strike Israel. The German airline Lufthansa, one of only two Western carriers flying to Tehran, extended a suspension of its flights to the Iranian capital and Russia warned against travel to the Middle East.

  • 18th Saudi Relief Plane Arrives in Poland to Deliver Aid to Ukrainian People

    The 18th Saudi relief flight operated by the King Salman Humanitarian Aid and Relief Center (KSrelief) arrived today at the Polish Rzeszow Airport near the Ukrainian border. It will cross the border into Ukraine, carrying 51 tons of relief aid, including electric generators and appliances. The aid reflects the Kingdom of Saudi Arabia’s unwavering commitment to supporting needy people and those affected by crises and difficulties worldwide.