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QUOTED
“This agreement significantly elevates Baseball United’s standing and footprint within the region, and, just as importantly, enables us to work at the grassroots level to help grow the game in the Middle East’s largest country. We will also now expand our BU franchises into Saudi Arabia, building local fanbases in Riyadh, Jeddah, and Dammam, and helping to inspire more young people to fall in love with the game.” Kash Shaikh, chairman, CEO, and co-founder of Baseball United, Baseball United signs historic partnership to bring game to Saudi Arabia, [The National]
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TOP STORY
Saudi Arabia has moved a roughly $160 billion stake in its state oil giant Aramco into its main sovereign wealth fund, the Public Investment Fund, according to a report in the Wall Street Journal. [more]
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MORE TOP STORYLINES
in hospitality-on.com: The 2.5-minute film, directed by Bruno Aveillan, brings a cinematic dimension to the destination, highlighting its key attractions such as history, culture, nature and adventure. To complement this, a series of short videos presents AlUlas emblematic sites and the unique experiences it offers. At the same time, AlUla is embarking on a digital transformation with the creation of a new website, a mobile application and a redesigned social media strategy. This omnichannel approach aims to deliver an optimal customer experience, both online and on-site.
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in wbls.com: Its clear that Alicia Keys loves her Saudi Arabian fans. In honor of International Women’s Day (Friday, March 8), Alicia Keys will host the third edition of her initiative called “Women to Women”. The private event taking place in Saudi Arabia, is in conjunction with the countrys Formula 1 Grand Prix and is backed by Swizz Beatzs Good Intentions creative agency and international music platform MDLBEAST.
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Via Marwa Rashad in reuters.com: Gulf oil giants Saudi Aramco (2222.SE), opens new tab and Abu Dhabi National Oil Company (ADNOC) (ADNOC.UL) are in talks to invest in U.S. liquefied natural gas projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market, sources aware of the matter said. The two energy giants are trying to exploit their fossil fuel resources while they can and with demand for the chilled fuel expected to grow by 50% by 2030, they are tapping opportunities in the United States which has become the worlds biggest exporter of LNG as it sends record volumes to Europe.
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MORE ON THE KINGDOM AND BEYOND
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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]
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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]
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His comment is significant because, like LIV Golf’s team competition and shotgun starts, the...[By Cindy Boren via washingtonpost.com]
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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]
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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]
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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]
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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]
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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]
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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]
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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]
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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]
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Two major U.S. law firms are opening offices in Saudi Arabia following a change last year in...[By David Thomas via reuters.com]
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Spending on the information and communication technology (ICT) market in Saudi Arabia is expected to reach about $37.4 billion by the end of 2024, showing...[via argaam.com]
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Set within the landmark Mediateca Santa Teresa library in Milan’s Brera district, Design Space AlUla presented a smattering of projects...[By Ryan Waddoups via surfacemag.com]
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Today marks the eight-year anniversary of Saudi Arabia’s Vision 2030, an ambitious blueprint aimed at transforming the Kingdom into a...[via arabianbusiness.com]
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More than halfway through its "Saudi Vision 2030" journey, Saudi Arabia has demonstrated notable progress, with 87% of the 1,064 initiatives either completed or advancing...[via saudigazette.com]
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Hopes for reaching a six week Gaza truce and the release of Israeli hostages held by Hamas seemed uncertain on Wednesday, though the United States...[By Laura Rozen via substack.com]
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A suspected attack by Yemen’s Houthi rebels on a commercial ship in the Gulf of Aden caused “fatalities” and forced the crew to abandon the...[via politico.com]
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India’s outreach to West Asian countries began shortly after Independence in 1947. India’s anti-colonial socialist leaders frowned upon Israel (a country built on religious nationalism...[By Manjari Chatterjee Miller via cfr.org]
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An Israeli tank crew killed a Reuters reporter in Lebanon in October by firing two shells at a clearly identified group of journalists and then...[By Maya Gebeily and Anthony Deutsch via reuters.com]
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