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  • Why the UAE is the future of startups and tech

    But I would say the most interesting is femtech where female founders are trying to change a specific space that people never really cared for before. A great example of this could be babysitting apps, or those specifically geared towards women. We have more female founders now than we do males and so it’s incredible to see that kind of facet.

  • Libya’s largest oil field restarts

    Libya's largest oil field, the 300,000 b/d capacity El Sharara, has restarted production at around 180,000 b/d after having been shut by protests for more than six weeks. Output resumed late on 4 June, according to sources in the country.

  • Global food prices are starting to fall—with a few key exceptions

    Food prices around the world fell for the second consecutive month in May, eased by a drop in vegetable oil prices, according to the United Nations Food and Agriculture Organization (FAO). The FAO’s global food price index dipped 0.6% in May from the month before. In April, the drop was 0.8%. The index measures the monthly change in average prices of meat, dairy, cereals, vegetable oils, and sugar.

  • UN says Yemen’s warring parties agree to renew truce

    The United Nations said Thursday that Yemen’s warring parties have agreed to renew a nationwide truce for another two months. The development offered a glimmer of hope for the country, plagued by eight years of civil war — though significant obstacles remain to lasting peace. The cease-fire between Yemen’s internationally recognized government and the Iran-backed Houthi rebels initially came into effect on April 2. And though each side at times accused the other of violating the cease-fire, it was the first nationwide truce in the past six years of the conflict in the Arab World’s most impoverished nation.

  • Saudi foreign minister, Qatari counterpart discuss cooperation

    Prince Faisal bin Farhan, Saudi Arabia’s minister of foreign affairs, and Qatari counterpart Sheikh Mohammed bin Abdulrahman Al Thani on Wednesday discussed ways to support and enhance deep-rooted relations and cooperation to serve the two nations’ interests and achieve more stability and prosperity for their and peoples.

  • The US overtakes China as India’s top trade partner

    In the financial year ended in March 2022, bilateral trade between the US and India stood at $119.42 billion (9.25 lakh crore rupees), as against $80.51 billion in the previous year, according to the Indian commerce ministry. For China, the figure stood at $115.42 billion in the same period.

  • Saudi delegation concludes successful participation in World Economic Forum 2022

    The Kingdom's delegation, lead by the Minister of State and Cabinet, HE Dr. Ibrahim bin Abdulaziz Al-Assaf, included HH Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, HE The Minister of Investment, Eng. Khalid A. Al Falih, and HE The Minister of Finance, Mr. Mohammed A. Al-Jadaan, HE The Minister of Communications and Information Technology, Eng. Abdullah A. Alswaha, HE The Minister of Economy and Planning, Mr. Faisal F. Alibrahim, and HH Princess Haifa Bint Mohammed AlSaud, the Assistant Minister of Tourism. Together, the delegates focused on communicating the Kingdom's Vision 2030 initiatives and progress to the forum, highlighting achievements to realize the vision both locally and on an international level.

  • Plot to smuggle Captagon using fava beans thwarted by Saudi authorities

    Saudi authorities have thwarted an attempt to smuggle 403,000 Captagon amphetamine pills hidden in a shipment of fava beans inside plastic moulds, the state news agency reported. The pills were seized in an operation in the Red Sea city of Jeddah, implicating a Saudi citizen and a Syrian resident, according to a statement by the General Directorate of Narcotics Control.

  • Art of Arabia

    This wasn’t always the case. The Village and Falcon Fine Arts were the only art galleries and framing shops in the Olaya/Suleymania area of downtown Riyadh in the 1980s and 1990s. I remember attending an exhibition of Kamal Mustafa sponsored by the French Embassy at The Village in 1997, where we bought two of his paintings which I still love as much as the day they were purchased. Exhibitions happened only occasionally back then, and were usually held behind closed doors at embassies, and by private invitation only. Expatriate artists for the most part worked independently and usually once a year on compounds there would be an exhibit of art for sale along with other crafts.

  • Heart And Soul – Vignettes from Ali Al-Baluchi’s Memoir: Part VI

    While attending the 1998 reunion in Scottsdale, Arizona, I was approached privately by a number of annuitants, led by Doug Rines, who asked me, “Ali, how soon before a retiree reunion can be held in Saudi Arabia?” Pleased at their interest in returning to the Kingdom, I thought quickly, made an executive decision, and came back with a favorable response. Later that weekend, I made an announcement to the larger group of reunion attendees that the first expatriate reunion, or “KSA Reunion,” in Saudi Arabia would be held in March 2000, and immediately everybody stood and applauded most enthusiastically.