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  • Saudi ports authority signs about $240 mln of deals, says state news agency

    The Saudi Ports Authority signed seven contracts and memorandums of understanding (MoUs) with public and private sector partners worth more than 900 million riyals ($239 million), state news agency SPA reported on Wednesday. The deals include projects such as establishment of a logistics park at Jeddah Islamic Port, SPA added.

  • Saudi crown prince discusses energy security with senior U.S. officials, state news agency reports

    Saudi Arabia's Crown Prince Mohammed bin Salman met on Friday with U.S. Senior Advisor for Energy Security Amos Hochstein and the White House National Security Council's Middle East policy coordinator Brett McGurk in Jeddah, the Saudi state news agency SPA reported. "The bilateral relations between the two countries were discussed, and the active follow up from the Jeddah Summit, particularly in the fields of energy security and investment in the Partnership for Global Infrastructure and Investment, as well as the developments in the region including Yemen," SPA said.

  • UNGA sessions: Translating what happens at UN General Assembly

    As per Quartz’s tradition, we have selected some of the most egregiously inscrutable ones, and attempted a plain-English translation.

  • Saudi Arabia Tax Agency Announces August 2022 VAT Return Filing Deadline

    The Saudi General Authority of Zakat and Tax Sept. 18 announced the Sept. 30 deadline for filing August monthly VAT returns for business taxpayers. Taxpayers can file the returns and pay the tax through the agency’s website or smartphone application. Late returns are subject to a penalty of 5 to 25 percent of the unpaid tax. [Saudi Arabia, General Authority of Zakat and Tax, 09/18/22]

  • Saudi Arabia’s Foreign Minister leads delegation to 77th UN General Assembly session

    The Saudi delegation to the General Assembly included Saudi Arabia’s Ambassador to the US Princess Reema bint Bandar, Deputy Minister for Multilateral International Affairs Dr. Abdulrahman al-Rassi and the Kingdom’s Permanent Representative to the UN Dr. Abdulaziz al-Wasil. Prince Faisal is expected to hold bilateral meetings with foreign ministers from several “brotherly and friendly” countries, the statement added.

  • Saudi Arabia’s Foreign Minister leads delegation to 77th UN General Assembly session

    The Saudi delegation to the General Assembly included Saudi Arabia’s Ambassador to the US Princess Reema bint Bandar, Deputy Minister for Multilateral International Affairs Dr. Abdulrahman al-Rassi and the Kingdom’s Permanent Representative to the UN Dr. Abdulaziz al-Wasil. Prince Faisal is expected to hold bilateral meetings with foreign ministers from several “brotherly and friendly” countries, the statement added.

  • Saudi Arabia wants green hydrogen commitment from EU, says European Council President

    Saudi Arabia wants the EU to accept long-term contracts in green hydrogen investment opportunities, according to the European Council President. Speaking on Friday, Charles Michel said the Kingdom offered to have the EU invest in its plans to develop green hydrogen as the bloc seeks to tackle the energy crisis. He also said the UAE has proposed investment in its renewable projects.

  • Saudi NEOM to start producing green hydrogen in 2026 – OXAGON’s CEO

    Saudi Arabia’s giga project NEOM will start produce 650 tonnes per day of green hydrogen in 2026, the CEO of NEOM Industrial City (OXAGON) said at the Saudi International Iron and Steel Conference in Riyadh.

  • Saudi Arabia Pushes Ahead With Indigenous Armed Drones

    Saudi Arabia is currently developing several more UCAVs in cooperation with foreign companies and scientists. The first of these, the Saqr-1, is based on the design of the South African Bateleur MALE UAV by Denel Dynamics. The smaller SkyGuard is a local design that was first presented in 2017. Another design known as the Samoom is a larger twin-engined type with seven hardpoints. Lastly, Saudi Arabia has struck a deal with China to produce the heavy three/twin-engined TB001 UCAV as the Al Eqab-1 and Al Eqab-2. [3] [4] A plan to jointly design and produce UAVs with Ukraine appears to have been cancelled as a result of the Russo-Ukrainian War. [5]

  • In parts of Mideast, power generators spew toxic fumes 24/7

    The reliance on generators results from state failure. In Lebanon, Iraq, Yemen and elsewhere, governments can’t maintain a functioning central power network, whether because of war, conflict or mismanagement and corruption. Lebanon, for example, has not built a new power plant in decades. Multiple plans for new ones have run aground on politicians’ factionalism and conflicting patronage interests. The country’s few aging, heavy-fuel oil plants long ago became unable to meet demand.