QUOTED

Quoted

“I don’t think Israelis or the Biden administration fully appreciate the rage that is bubbling up around the world, fueled by social media and TV footage, over the deaths of so many thousands of Palestinian civilians, particularly children, with U.S.-supplied weapons in Israel’s war in Gaza. Hamas has much to answer for in triggering this human tragedy, but Israel and the U.S. are seen as driving events now and getting most of the blame.”

Thomas L. Friedman, Israel Is Losing Its Greatest Asset: Acceptance [New York Times]

TOP STORY

Riyadh Air Makes Waves at Aviation Festival of Asia 2024

156-riyadh-air-design-airplanes.001

New Saudi airline Riyadh Air is touting its new offering at an industry event in Asia, with the CEO and COO giving public appearances and with it a glimpse into the plans and aspirations of the startup airline. [more]

  

MORE TOP STORYLINES

Ukraine's Zelenskyy arrives in Saudi Arabia seeking support for peace plan

Via Mina Aldroubi in thenationalnews.com: Ukrainian President Volodymyr Zelenskyy landed in Saudi Arabia on Tuesday as he sought funds and support for his peace plan to end the two-year war and a deal to secure the return of prisoners of war from Russia. Saudi Arabia has ties with both Moscow and Kyiv and has played an important role in mediating previous prisoner swaps between the two sides. Mr Zelenskyy said on X, formerly Twitter, that Ukraine continued to rely on Saudi Arabias ongoing active support in pushing forward his Peace Formula to end the war, which entered its third year at the weekend.

Saudi Arabia introduces clean diesel and gasoline fuels in Kingdom’s market

in arabnews.com: The Ministry of Energy said that the introduction of these two fuels comes as part of the Kingdom’s efforts to reduce emissions and reach net zero in 2060 through the application of the circular carbon economy approach. The report added that the launch of these resources would encourage car manufacturers to introduce the latest energy-efficient vehicle technologies to the Kingdom.

World Economy Has Growing Chance of Soft Landing, G-20 Says

Via Manuela Tobias in bloomberg.com: The global economy has a growing chance of pulling off a soft landing, finance chiefs said in a draft of the G-20’s closing statement at this week’s meeting in Brazil, citing faster-than-expected disinflation as one of the upside risks. “We note that the likelihood of a soft landing in the global economy has increased,” said the draft communique dated Feb. 23, seen by Bloomberg News. “Risks to the global economic outlook are more balanced. Upside risks include faster-than expected disinflation.”
 

MORE ON THE KINGDOM AND BEYOND

‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

More than 200,000 people converged at the conference, including Adam Selipsky, chief executive of Amazon’s cloud computing division, who ...[By Adam Satariano and Paul Mozur via nytimes.com]
 

Saudi giga-project Diriyah Gate targets 2027 completion

Diriyah Gate, one of the first Saudi giga-projects, said this week that it was on target for completion by late 2027. The opening of the project’s...[By Andrew Hammond via agbi.com]
 

Greg Norman ‘open-minded’ to altering LIV’s signature 54-hole format

His comment is significant because, like LIV Golf’s team competition and shotgun starts, the...[By Cindy Boren via washingtonpost.com]
 

Book Review: The Conflicts Shaping the Middle East

The recently released book “Battleground – 10 Conflicts that Explain the New Middle East” by historian Christopher Phillips provides a useful overview of ten ongoing conflicts...[By Christopher Phillips via thecipherbrief.com]
 

Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns

A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse...[By Larry Elliott via theguardian.com]
 

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The regional upswing also defies oil production cutbacks which have all weighed on economic growth in the region as seen from International Monetary Fund’s latest...[By Issac John via khaleejtimes.com]
 

Saudi economy witnessing a fundamental shift, says minister

Speaking at the event titled “Industrial policies to promote economic diversification,” the top official said there have been fundamental changes in the legislative and economic regulations to...[via arabnews.com]
 

Saudi Arabia Makes Strides In Global Energy Discourse At 26th World Energy Congress

From April 22 to 25, 2024, the 26th World Energy Congress convened in the Netherlands, drawing participation from the Kingdom of Saudi Arabia’s energy industry....[By Pooja Chandak via solarquarter.com]
 

Henning Larsen Architects Reveals Jeddah Opera House in Saudi Arabia

Henning Larsen Architect has just revealed the designs for The Jeddah Opera House, a new local landmark in Saudi Arabia. Drawing inspiration from the historical...[By Nour Fakharany via archdaily.com]
 

‘World’s largest’ coral-restoration project unveiled in Saudi Arabia

One of Saudi Arabia's top universities has announced a Red Sea project described as the world’s largest coral reef restoration. ...[By Daniel Bardsley via thenationalnews.com]
 

NDMC closes the April 2024 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

The National Debt Management Center announces the closure of April 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated was...[via mof.gov]
 

India’s oil imports from Russia drops 19% in February, Saudi Arabia 2nd largest supplier

The month-on-month decline in imports from Russia comes amid lower discounts offered by Russia. Russia has been the largest source of crude for...[By Rituraj Baruah via livemint.com]
 

Two US law firms push into Saudi Arabia under new attorney rules

Two major U.S. law firms are opening offices in Saudi Arabia following a change last year in...[By David Thomas via reuters.com]
 

A deal between Israel and Hamas appears to be taking shape. What would it look like?

Israel and Hamas are inching toward a new deal that would free some of the roughly 130 hostages held in the Gaza Strip in exchange...[By Samy Magdy and Tia Goldenberg via apnews.com]
 

Opinion: Israel Is Losing Its Greatest Asset: Acceptance

I’ve spent the past few days traveling from New Delhi to Dubai and Amman, and I have an urgent message to deliver to President Biden...[By Thomas L. Friedman via nytimes.com]
 

US expected to reduce forces near Middle East by removing Marine rapid response force from Mediterranean Sea

A Marine rapid response force is expected to leave the eastern Mediterranean Sea in the coming weeks and return to the United States, according to...[By Oren Liebermann via cnn.com]
 

The Danger of Regional War in the Middle East

How far a ceasefire in Gaza would go to calm the region is unclear, but while Israel’s assault on the strip persists, the risks of...[via crisisgroup.org]
 

The UAE and the Red Sea Security Crisis

Over the last two decades, the UAE has steadily expanded its control over ports, logistics hubs, and military bases in Yemen and East Africa and...[By Giorgio Cafiero via arabcenterdc.org]
 

UN says 16.7m Syrians need humanitarian aid

He pointed out that the earthquake in Turkiye was one of the most severe earthquakes the world has seen in a century, noting that the...[via middleeastmonitor.com]
 
 

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