QUOTED

Quoted

“You can’t underestimate the emotional impact this has on people. It’s how we conceive ourselves as a society. … You are seeing a desire for people to want to self-identify and be reflected in data so they can tell their own stories.” Meeta Anand, senior director for Census & Data Equity at The Leadership Conference on Civil and Human Rights, U.S. Census changes how it identifies people by race and ethnicity, creates Middle Eastern category for first time [PBS]

TOP STORY

KSRelief Spearheads Saudi aid to Gaza and the Globe

KSRelief

King Salman Humanitarian Aid and Relief Centre (KSRelief) provides humanitarian aid and relief to people outside of Saudi Arabia’s borders. KSRelief was established by King Salman bin Abdulaziz in 2015 and works in 46 countries, with a focus on the Middle East and North Africa region.

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MORE TOP STORYLINES

Opinion: How Alat can turn Saudi Arabia into a global manufacturing hub

Via John McIlroy in arabianbusiness.com: There are a lot of positives for the new company: significant funding; large domestic demand from greenfield mega-projects like NEOM, and city transformations in Riyadh and Jeddah; and a developing low-carbon energy system that sustainable manufacturers need. But still, the size of the challenge is daunting. Alat is targeting the creation of 39,000 direct jobs in Saudi Arabia and a $9.3 billion contribution to GDP by 2030, with manufacturing activities across more than 30 product categories.

Mixed Signals in the Latest Saudi Labor Market Report

Via Tim Callen in agsiw.org: At face value, the Saudi labor market report released March 28 contained good news. The report showed that the overall unemployment rate (covering nationals and non-nationals) fell to 4.4% in the fourth quarter of 2023 from 5.1% in the third quarter. The unemployment rate for Saudi nationals dropped to 7.7% from 8.6% in the third quarter (and 8% in the fourth quarter of 2022), with the unemployment rate for Saudi women declining particularly sharply to 13.7% (down from 16.3% in the third quarter of 2023 and 15.4% in the fourth quarter of 2022). The unemployment rate for Saudi men remained unchanged at 4.6% between the third and fourth quarters of 2023, still above the 4.2% rate in the fourth quarter of 2022. The overall unemployment rates for Saudi women and all Saudis are at their lowest levels since the kingdom began collecting statistics.

Saudi Green Initiative: Targets and progress so far

Via Ghinwa Obeid in alarabiya.net: The SGI was launched by MBS on March 27, 2021, and has since played an important role in accelerating environment protection efforts, transitioning the energy sector, and implementing sustainability programs in various fields. Among the main targets of the SGI is to protect 30 percent of the Kingdom’s land and sea by 2030. 18.1 percent of land and 6.49 percent of the Kingdom’s marine environments are currently under protection, according to the SGI website.

 

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‘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]

 

GCC’s project awards jump 20% to $45b despite geopolitical headwinds

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

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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]

 

World Court orders Israel to halt Gaza famine; Hamas says ceasefire needed

The World Court on Thursday unanimously ordered Israel, accused by South Africa of genocide in Gaza, to...[By Stephanie van den Berg and Nidal Al-Mughrabi via reuters.com]

 

Israel may cut off Palestinian banks from global banking system next week

Palestinian banks could be cut off from the Israeli banking system starting next week following a decision by Israel’s finance minister to cease dealings...[via middleeasteye.net]

 

Israel strikes Syria hard as its pilots resume regular drills for northern war

 Israel carried out its deadliest strikes in months on northern Syria's Aleppo province early on Friday, stepping...[By Laila Bassam, Maya Gebeily and Hatem Maher via reuters.com]

 

U.S. Census changes how it identifies people by race and ethnicity, creates Middle Eastern category for first time

For the first time in 27 years, the U.S. government is changing how it categorizes people by race and ethnicity, an effort that federal officials...[via pbs.org]

 
 

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