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  • China looks to shore up belt-and-road deals with Middle East cash and partnerships as Western investment wanes

    According to figures from the UAE Ministry of Economy, China is a top global trade partner for the federation of seven emirates – Abu Dhabi, Ajman, Dubai, Fujairah, Ras el Khaimah, Sharjah and Umm Al Quwain. The value of non-oil trade between both sides exceeded US$72 billion in 2022, an increase of 18 per cent from a year earlier.

  • Saudi traveltech startup Flyakeed raises $15.2 million Series A round

    Saudi Arabia-based traveltech startup FlyAkeed has raised $15.2 million (SAR 57 million) in a Series A round led by PIF’s Sanabil Investments and Elm Company, with participation from Artal Capital and Al Rajhi Partners, according to venture data platform Jawlah.

  • Over 7m students start new Saudi academic year

    According to a report, over 6 million students enrolled in general education and 1,360,000 students in higher education and technical and vocational training started the new academic year. More than half a million male and female teachers as well as administrative staff and supervisors also resumed their duties. The Ministry of Education and the Technical and Vocational Training Corp. started preparations early for the academic year in coordination with local education departments.

  • Over 7m students start new Saudi academic year

    More than 7 million students in Saudi Arabia returned to school on Sunday, resuming their studies after a two-month summer vacation. According to a report, over 6 million students enrolled in general education and 1,360,000 students in higher education and technical and vocational training started the new academic year. More than half a million male and female teachers as well as administrative staff and supervisors also resumed their duties.

  • Saudi-backed Savvy Games was mystery partner in collapsed $2B Embracer deal

    The previously unknown partner in a $2 billion video game mega-deal that mysteriously and dramatically collapsed last spring was the Saudi government-funded Savvy Games Group, Axios has learned. Why it matters: The fallout of the failed deal sent shares of The Embracer Group — Savvy's would-be partner, and one of the most voracious acquirers of video games studios in the last several years — plummeting, and forced it into cost-cutting mode.

  • Israel, U.S. Sound Worlds Apart on Palestinian Component of Saudi Deal

    In an interview with Bloomberg earlier this week, Netanyahu dismissed the notion that the Palestinian issue would significantly hinder Israel’s efforts to normalize ties with the Saudis. “It’s sort of a checkbox,” Netanyahu told Bloomberg. “You have to check it to say you’re doing it. Is that what’s being said in corridors? Is that what’s being said in discreet negotiations? The answer is a lot less than you think.”

  • After stocking up on big-name players, Saudi Arabia’s ambitious soccer league starts Friday

    Three of the nine games in each round will be shown in Britain and Germany on the platforms of subscription streaming service DAZN, by French pay-TV network Canal+ and across five different outlets in China, including Tencent. In North America, DAZN has the rights in Canada and Azteca in Mexico. Global news packages will be provided by London-based SNTV, a joint venture between The Associated Press and the IMG agency which exclusively managed broadcast sales for the next two seasons.

  • After stocking up on big-name players, Saudi Arabia’s ambitious soccer league starts Friday

    The Saudi Arabian soccer league kicks off Friday after a spending spree on big-name players grabbed the world’s attention during the European summer offseason. Hundreds of millions of dollars from the kingdom’s vast oil wealth were spent to supercharge the state-backed Saudi Pro League’s ambitions of being a global player. About a billion more in salaries were turned down by Lionel Messi and Kylian Mbappé, who rejected offers to join the exodus.

  • Art therapy offers relief to Afghan women struggling with mental health

    The Taliban closed universities to women in December 2022, sparking rare public protests. The decision came in the wake of the closure of most girls' high schools and was followed by Taliban authorities ordering most Afghan female humanitarian workers not to work. The orders restricting women from public life have drawn heavy international criticism and Western governments have said it is a key hurdle to moving toward any formal recognition of the Taliban's government, which took over as foreign forces left two years ago.

  • Netanyahu wants security agreement from Biden as part of mega U.S.-Saudi-Israel deal

    Israeli Prime Minister Benjamin Netanyahu wants to get a security agreement with the U.S. focused on deterring Iran in the context of the mega-deal the Biden administration is trying to reach with Saudi Arabia and Israel, four Israeli and U.S. officials told Axios.