QUOTED

Quoted

“The remittance of expatriates in Saudi Arabia fell 10.41 percent to SR9.33 billion during the last month of February from SR10.41 billion in the previous month. This showed the decline of foreign remittance by SR1.08 billion month-on-month basis, marking the lowest average monthly level in five years, according to a monitoring by Okaz/Saudi Gazette based on the statistical figures released by the competent authorities.” Expat remittance falls to its lowest level in 5 years [Saudi Gazette]

TOP STORY

Dolce & Gabbana Launches Flagship Saudi Store at Via Riyadh after Approaching KSA Market with ‘Caution and Respect’

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Fashion icon Dolce & Gabbana unveiled a unique strategy for Saudi Arabia, opening up a flagship new store in Via Riyadh after approaching the market with “caution and respect,” Vogue Middle East reported. [more]

 

MORE TOP STORYLINES

Oil stays near five-month highs as tighter supply looms

Via Noah Browning in reuters.com: Oil prices were steady on Monday near five-month highs as markets expect tighter supply from OPEC+ cuts and attacks on Russian refineries while upbeat Chinese manufacturing data supported an improving demand outlook.

Brent crude was 10 cents lower at $86.90 a barrel by 1115 GMT after rising 2.4% last week. U.S. West Texas Intermediate crude was at $83.14 a barrel, down 3 cents following a 3.2% gain last week.

Desert X AlUla: A cultural renaissance in Saudi Arabias ancient sands

Via Ayca Okay in stirworld.com: Produced by The Desert Biennial, a not-for-profit charitable organisation founded in California, the format primarily focuses on recurring international contemporary art exhibitions in desert locations. These locations are often considered challenging and less productive territories due to their timeless inhabitants and diverse yet limited ecosystems. Similar to the land-art movement of the 1960s in the USA, each edition of Desert X delicately intervenes in the desert landscape, paying great respect to its inherent beauty.

Devotees gather in vast numbers for Ramadan prayers at Prophets Mosque in Medina

in gulfnews.com: Multinational congregations of worshippers throng the mosque every night, filling the designated prayer areas and vast courtyards, creating a powerful scene of devotion.

 

MORE ON THE KINGDOM AND BEYOND

US Secretary of State to travel to Jordan, Israel after Saudi Arabia visit

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Saudi, US top diplomats discuss Gaza crisis in Riyadh

Saudi Foreign Minister Prince Faisal bin Farhan and US Secretary of State Antony Blinken discussed on Monday the importance of reaching an “immediate ceasefire” in the...[By Ghinwa Obeid via alarabiya.net]

 

Saudi FM: Commitment to two-state solution only way to prevent Gaza war reoccurring

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Saudi Arabia and the Bill & Melinda Gates Foundation Announce Landmark Push to Eradicate Polio and Lift Millions out of Poverty

Saudi Arabia and the Bill & Melinda Gates Foundation today pledged to work together to help protect 370 million children annually from polio and lift...[via reliefweb.int]

 

World Economic Forum Convenes Special Meeting in Riyadh on Global Collaboration, Growth and Energy for Development

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Host Saudi Tells Global Economic Summit The World Has Failed Gaza

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Saudi Finance Minister Warns Geopolitics Is Top Economy Risk

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Long-term plans of Saudi Vision 2030 support economic flexibility: Al-Jadaan

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Saudi Tadawul shareholders approve 23% dividend for 2023

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What are the Saudi Festival Seasons?

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Host Saudi tells global economic summit the world has failed Gaza

Speaking in Riyadh, Palestinian president Mahmud Abbas said the United States "is the only country capable" of preventing Israel's long-feared invasion of Rafah city in...[By Robbie Corey-Boulet and Haitham El-Tabei via al-monitor.com]

 

Graham expects Biden will have GOP support if he strikes Israel-Saudi deal

“I’m here on national television telling the Biden administration, if you can land this deal I think you’ll have a lot of Republican...[By Kelly Garrity via politico.com]

 

Saudi government mandates national dress for civil servants to showcase national identity

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Saudi FM leads Gaza committee urging sanctions on Israel

Ministers gathering in Riyadh to discuss the Israeli war on the Gaza Strip stressed the urgent need for imposing sanctions on Israel, the Saudi Press Agency reported...[via arabnews.com]

 

Saudi Arabia’s NEOM secures $2.7 billion new financing facility

NEOM, a unit of the kingdom’s sovereign wealth fund, secured a new revolving credit facility (RCF) worth...[By Shamsuddin Mohd via reuters.com]

 

Saudi Arabia may ‘scale back some Vision 2030 projects and speed up others’

Saudi Arabia’s Finance Minister Mohammed Al Jadaan on Sunday said the kingdom would adapt to current economic and geopolitical challenges and...[By John Benny and Salim A. Essaid via thenationalnews.com]

 

Saudi Arabia embraces AI to revolutionize healthcare and industry, says minister at WEF

Saudi Minister of Communications and Information Technology, Abdullah Al Swaha, emphasized the transformative shift humanity is undergoing towards artificial intelligence (AI), during a session at...[via saudigazette.com]

 

Turkey’s resurgent opposition trounces Erdogan in pivotal local elections

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Iran alerted Russia to security threat before Moscow attack

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Israeli troops leave Gaza’s Shifa Hospital a wreck in sea of rubble

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US has agreed to send more bombs and warplanes to Israel, sources say

The U.S. in recent days authorized the transfer of billions of dollars worth of bombs and fighter...[By Humeyra Pamuk and Idrees Ali via reuters.com]

 

Perspective: The U.S. and Israel’s relationship is at a contentious balancing point

The relationship between the U.S. and Israel has become touchy at this point during the war in Gaza following the Hamas attacks on October 7....[By Scott Simon via npr.org]

 

1982 is a timely story of war’s impact on ordinary people

The Arabic film 1982, directed and written by Oualid Mouaness, offers a rare and emotional depiction of the Israeli invasion of Lebanon that year and...[By Alainna Liloia via middleeastmonitor.com]

 
 

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