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  • Saudi government raises $5bn in 2022 to become the MENA’s biggest debt issuer

    Saudi Arabia’s government was the Middle East and North Africa’s biggest debt issuer in 2022 as it raised $5 billion, according to a report released by global provider of financial market data and infrastructure Refinitiv. The Kingdom’s administration was also in the lead when it came to the issuance of Islamic bonds, securing $2.5 billion. The UAE government came second in the ranking with $3 billion, the report disclosed.

  • Yemen rebels, Saudis in back-channel talks to maintain truce

    Amid Yemen’s longest-ever pause in fighting — more than nine months — Saudi Arabia and its rival, the Iran-backed Houthi rebels, have revived back-channel talks, according to Yemeni, Saudi and U.N. officials. The two sides hope to strengthen the informal cease-fire and lay out a path for a negotiated end to the long civil war. The quiet is fragile, with no formal cease-fire in place since a U.N.-brokered truce ended in October. It has been shaken by Houthi attacks on oil facilities and fiery rhetoric from Yemen’s internationally recognized government, allied with Saudi Arabia, which complains it has so far been left out of the talks. Lack of progress could lead to a breakdown and a renewal of all-out fighting.

  • Russia chases Saudi Arabia, Bahrain, Oman visa-free entry: Diplomat

    Russian officials are currently working on securing visa-free travel for Russian nationals travelling to Bahrain, Oman, Saudi Arabia and other countries, the country’s Deputy Foreign Minister Yevgeny Ivanov told state news agency TASS on Monday.

  • Yemen rebels, Saudis in back-channel talks to maintain truce

    Amid Yemen’s longest-ever pause in fighting — more than nine months — Saudi Arabia and its rival, the Iran-backed Houthi rebels, have revived back-channel talks, according to Yemeni, Saudi and U.N. officials. The two sides hope to strengthen the informal cease-fire and lay out a path for a negotiated end to the long civil war.

  • Ronaldo to make Saudi debut in friendly against PSG

    Cristiano Ronaldo is set to play in Saudi Arabia for the first time since joining Al Nassr after he was named as captain of Riyadh ST XI for an exhibition match against Lionel Messi's Paris St Germain, officials announced on Monday. The 37-year-old Portuguese will lead the team made up of players from Saudi sides Al Hilal and Al Nassr against Messi's PSG in what will be the latest chapter of the celebrated global soccer rivalry.

  • One of Saudi Arabia’s longest river valleys flooded after heavy rain

    Football: Melbourne City's active fans have been banned from two home games after the actions were punished from the derby.

  • One of Saudi Arabia’s longest river valleys flooded after heavy rain

    One of the longest river valleys in Saudi Arabia, the Wadi Al-Rummah is overflowing with water. Stretching over almost 600 kilometres, the valley has flooded after two weeks of heavy rainfall in the eastern part of the Qassim region. The river valley had been almost dried up for years and partly blocked by encroaching sand dunes. of the Wadi Al-Rummah flooding

  • Saudi Arabia signs $11.4 billion industrial projects in Yanbu and Jubail

    Saudi Arabia’s Royal Commission for Jubail and Yanbu has signed five agreements worth more than $11.4 billion for the establishment of key industrial projects in the Saudi cities of Ras Al Khair and Yanbu.

  • Neither Saudi Arabia Nor Market Concerns Dent Dubai’s Real Estate Market

    A large influx of ultra-high-net-worth, often cash-paying individuals, many of them Russians, fuels real estate demand in Dubai that last year drove prices up by 70 per cent.

  • Iran’s protests four months on: Hope, rage and despair

    Despite a bloody crackdown on protests that left at least 481 people dead, many university campuses in Tehran and other major cities are still witnessing unrest and demonstrations inside the campuses.