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  • The Slowing Down of Israel-Arab Relations Under the Netanyahu Government

    During the Netanyahu government’s first five months, Israel-Arab ties have slowed down and tensions with the Palestinians have increased.

  • Exclusive: Chinese hackers attacked Kenyan government as debt strains grew

    Chinese hackers targeted Kenya's government in a widespread, years-long series of digital intrusions against key ministries and state institutions, according to three sources, cybersecurity research reports and Reuters' own analysis of technical data related to the hackings. Two of the sources assessed the hacks to be aimed, at least in part, at gaining information on debt owed to Beijing by the East African nation: Kenya is a strategic link in the Belt and Road Initiative - President Xi Jinping's plan for a global infrastructure network.

  • The Gulf governments need to openly discuss the risks of artificial intelligence

    The Gulf countries’ rapid ascent up the income ladder during the last century would not have been possible had they insisted on in-sourcing every step. Importing foreign technologies, organizational philosophies, art, legal systems, and so on is an intelligent alternative to reinventing the wheel because of the time and resource savings. However, the floodgates should not be completely open, and homegrown capacity must be built for two reasons.

  • Visiting Saudi Arabia? Here are five government mobile apps every tourist must download

    If you wish to visit Saudi Arabia and want to know more about visa requirements, flight or accommodation bookings and transportation services, Saudi Arabia has official mobile applications that help tourists plan a smoother and hassle-free experience. Whether you are visiting the country for Umrah, leisure purposes, or to spend time with family and friends, here are five apps you should download.

  • Aramco Set to Boost Payouts for Saudi Government and Investors

    Aramco said in March it wanted to grow the dividend over the coming years, after increasing it by 4% in March. It has come under pressure to pay more to boost the attractiveness of the stock relative to rivals such as BP Plc and Shell Plc. The new “performance-linked dividends” will be calculated as 50%-70% of Saudi Aramco’s annual free cash flow, net of the base payout and external investments, the world’s largest energy company said on Tuesday, shortly before it released earnings. The amount will be “determined with the annual results.”

  • Aramco Set to Boost Payouts for Saudi Government and Investors

    Aramco plans an additional dividend, potentially boosting payouts for investors and Saudi Arabia’s government by more than $10 billion, just as weaker oil prices edge the kingdom’s budget into a deficit. The move could increase Aramco’s shareholder payout — which at $75.8 billion last year was already the highest of any listed firm — by more than $20 billion in 2023, according to Bloomberg Intelligence. RBC Capital Markets LLC forecasts an increment of $12 billion to $18 billion.

  • Saudi’s Nazaha: Several government officials among those arrested over corruption

    The Oversight and Anti-Corruption Authority (Nazaha) announced on Tuesday the arrest of several government officials, as well as citizens and expatriates who were accused of corruption charges involving millions of riyals. The charges against them included crimes of bribery, abuse of influence and power, money laundering and forgery. Procedures are underway to complete legal measures against them.

  • Israel government in chaos as judicial reform plans draw mass protests

    Israeli Prime Minister Benjamin Netanyahu's coalition plunged into chaos on Monday, after mass overnight protests over the sacking of his defence chief piled pressure on the government to halt its bitterly contested plans to overhaul the judiciary. Netanyahu had been expected to make a televised statement on Monday morning announcing the plans, which he says are needed to restore balance to the system of government but that critics see as a threat to democracy, had been suspended.

  • Will Iraqi lawmakers approve record government spending, deficit?

    After extensive discussions, Iraq’s Council of Ministers has submitted a draft budget law for 2023 to the parliament. The move is the first major legislative effort by the administration of Prime Minister Muhammad Shia’ Al-Sudani, who took office in Oct. 2022. Iraq did not pass a budget last year amid the lengthy government formation process following the Oct. 2021 parliamentary polls. The budget bill provides the Sudani administration with a chance to address pressing concerns about the economy, unemployment, and relations with Erbil.

  • Israeli government lifts ban on return to West Bank settlements

    The Israeli parliament on Tuesday paved the way for Jewish settlers' return to four settlements in the occupied West Bank by amending a 2005 law that ordered their evacuation, a move condemned by the Palestinian Authority and the European Union. The repeal of certain clauses in a previous disengagement law would allow Jewish residents to return to four West Bank settlements they were ordered to vacate in 2005 on condition of approval by the Israeli military.