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  • Saudi Arabia, the UAE, and Kuwait’s Firm Commitment to Electrification and Sustainability

    As part of its Vision 2030 sustainability goals, Saudi Arabia plans to phase out the sale of gasoline-powered cars by 2035 and build thousands of EV charging stations, in cooperation with the private sector, during the intervening period. 500 charging stations have already been installed. A fledgling EV manufacturing sector is already developing in the desert kingdom, with luxury EV manufacturer LUCID constructing an assembly plant in Saudi Arabia. Ceer, the producer of the nation’s first “Made in Saudi” EV, aims to contribute $8 billion to the economy by 2034. The Kingdom, in addition, is investing over $20 billion in renewable energy projects.

  • Egypt is in talks with UAE, Saudi Arabia to secure new deposits worth $5bn

    Egypt is close to obtaining new deposits from the United Arab Emirates and Saudi Arabia to bolster the reserves of the Central Bank and pave the way for resuming the International Monetary Fund program that was signed last year, sources told Daily News Egypt. The sources said that the deposits under negotiation would amount to $5bn and would be later transformed into investments over several years. The Central Bank holds about $29.9bn in deposits from Arab countries, divided between $15bn in medium to long-term deposits from the Gulf and $14.9bn in short-term deposits from the Gulf and Libya.

  • Most UAE, Saudi workers want to change jobs: Report

    According to recent research by Zurich International Life in the Middle East, most employees in the UAE (74 percent) and Saudi Arabia (78 percent) have expressed interest in searching for new job opportunities, particularly women and employees in the age group of 25-34. This trend has already gained momentum with over 25 percent of employees having changed their jobs in the last year with factors of consideration such as higher remuneration, better employee benefits and professional advancement opportunities.

  • Saudi Arabia, UAE, Egypt condemn Israel over Gaza hospital blast

    Outrage spread across the Arab world and Jordan canceled a planned summit with US President Joe Biden following a deadly blast at a hospital in the Gaza Strip on Tuesday that killed hundreds. Israel and Hamas exchanged blame for the blast. The foreign ministries of Egypt, Jordan, the United Arab Emirates, Saudi Arabia and Qatar condemned Israel for the attack. The UAE, Jordan and Egypt both signed normalization and peace agreements with Israel. Read more: https://www.al-monitor.com/originals/2023/10/saudi-arabia-uae-egypt-condemn-israel-over-gaza-hospital-blast#ixzz8GVUxexlI

  • UAE reopens Embassy in Beirut, resumes issuing visas for Lebanese

    The UAE and Lebanon have agreed to take the necessary steps to reopen the Emirates’ Embassy in Beirut and establish a joint committee to develop a mechanism to issue entry visas for Lebanese citizens to the Gulf country. UAE President Sheikh Mohamed bin Zayed and Lebanon’s caretaker Prime Minister Najib Mikati met in Abu Dhabi on Thursday to discuss their ties and enhance cooperation in various fields, according to Emirates News Agency WAM.

  • Algeria and the UAE’s quietly strained ties

    There are indications, including in local media, of heightened tensions between Algeria and the United Arab Emirates (UAE). Though not publicly acknowledged by the two governments, ties have been strained by an array of contentions over regional issues. The two have opposing views on the situation in Libya and normalization with Israel among other matters. Abu Dhabi is notably also close to Rabat, a main rival and neighbor of Algiers. At the same time, economic ties between Algeria and the UAE are growing, with a potential for improved political relations to follow.

  • 10 UAE private schools named among Middle East’s top 15

    Ten private schools in the UAE were named among the best 15 in the Middle East, for a second year in a row. The schools were also featured among the 125 top private schools in the world in Carfax Education’s school index 2023. Most of the schools that were featured on the list follow the UK curriculum while others offer the International Baccalaureate diploma. Other schools that ranked among the best in the region included British International School Riyadh, British School Muscat, King’s Academy in Jordan, St Christopher’s School Bahrain, and Doha College.

  • Will Saudi, UAE accession transform BRICS?

    Generating headlines around the world, Saudi Arabia and the United Arab Emirates (UAE) were last month invited to join BRICS—an economic and geopolitical bloc comprising Brazil, Russia, India, China, and South Africa. The full impact of their possible accession to the group is unclear. But the development comes amid Emirati and Saudi efforts to diversify their economic and political relationships with other states. After years of rumors, BRICS—which took shape in its current guise in 2010—extended invites for new members to join at its 15th summit last month. The gathering was held in Johannesburg in South Africa. Alongside the two Gulf Arab states, Argentina, Egypt, Ethiopia, and Iran were also offered to join the group in January next year.

  • IFPI launches four new music charts in Egypt, Saudi Arabia, UAE, and North Africa

    IFPI, representing the recording industry worldwide, has today announced the launch of four new charts, giving music fans, record labels and artists an official ranking on the top streaming tracks in countries across the Middle East and North Africa (MENA) region. In addition to the Official MENA regional chart, the four new charts will be – the Official Egypt Chart, Official Saudi Arabia Chart, Official UAE Chart, and Official North Africa Chart (which covers Algeria, Morocco and Tunisia).  In each country it is the first time ever that official rankings are being made available.

  • IFPI launches four new music charts in Egypt, Saudi Arabia, UAE, and North Africa

    IFPI, representing the recording industry worldwide, has today announced the launch of four new charts, giving music fans, record labels and artists an official ranking on the top streaming tracks in countries across the Middle East and North Africa (MENA) region. In addition to the Official MENA regional chart, the four new charts will be – the Official Egypt Chart, Official Saudi Arabia Chart, Official UAE Chart, and Official North Africa Chart (which covers Algeria, Morocco and Tunisia).  In each country it is the first time ever that official rankings are being made available.