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QUOTED
“In the relationship that the kingdom and the U.S. have had, there have been multiple highs and multiple lows. And part of my responsibility was to remind everybody in America what the highs looked like, and really work collaboratively to get ourselves back there.”
-HRH Princess Reema Bint Bandar Al-Saud. [NYTimes]
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TOP STORY
Wishing all peace and serenity on this blessed occasion.
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MORE TOP STORYLINES
in nytimes.com : In the five tumultuous years since her arrival, Saudi Arabia’s fortunes in Washington, and Princess Reema’s, have turned. Russia’s invasion of Ukraine and the need for Saudi support in the oil markets led Mr. Biden to a diplomatic fist-bump with the crown prince in Jeddah in the summer of 2022. Princess Reema, with the assistance of her kingdom’s multimillion-dollar lobbying and publicity machine, has been a high-profile part of the grudging détente.
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Via John Calabrese in nationalinterest.org : Engagement allows Saudi Arabia to devote its energies to the economic transformation agenda of Vision 2030 while also enhancing its global influence. However, the renewal of conflicts, both within and outside the Middle East, has revealed Saudi diplomacy’s limitations and highlighted the kingdom’s persistently high level of geopolitical risk.
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Via Zainab Fattah and Matthew Martin in bloomberg.com : Saudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy, according to people familiar with the matter. By 2030, the government at one point hoped to have 1.5 million residents living in The Line, a sprawling, futuristic city it plans to contain within a pair of mirror-clad skyscrapers. Now, officials expect the development will house fewer than 300,000 residents by that time, according to a person familiar with the matter.
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MORE ON THE KINGDOM AND BEYOND
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US Secretary of State Antony Blinken will visit Israel and Jordan on a trip through Wednesday, the State Department announced, after...[via alarabiya.net]
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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]
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Only a real commitment to a two-state solution to the Palestinian-Israeli conflict can prevent the war in Gaza from reoccurring, Saudi Foreign Minister Prince Faisal...[By Zaynab Khoji via arabnews.com]
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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]
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With geopolitical upheavals and complex economic challenges destabilizing a fractured world, the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development...[via weforum.org]
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Saudi Arabia on Sunday said the international community has failed Gaza and reiterated its call for a Palestinian state at a global economic summit attended...[via barrons.com]
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Jadaan also called on leaders to “do everything we can” to de-escalate, echoing comments more broadly made by Saudi government officials around...[By Joumanna Bercetche and Mirette Magdy via bloomberg.com]
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“Saudi Vision 2030’s objectives are on track at 87%”, the Saudi minister assured, indicating that there is still a bundle of challenges that requires modifying some projects, accelerating...[via eyeofriyadh.com]
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Saudi Tadawul Group’s shareholders approved the payment of a cash dividend at 23% of capital, or SAR 2.30 a share, for 2023, during the...[via argaam.com]
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The Saudi Seasons, a series of festivals held at different locations in the Kingdom throughout the year, attracts visitors from all over...[By Emilie Davies via linkedin.com]
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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]
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“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]
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Saudi Arabia has introduced a new regulation mandating the national dress for government employees as a sign of pride in the country’s identity.
According...[By Khitam Al Amir via gulfnews.com]
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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]
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NEOM, a unit of the kingdom’s sovereign wealth fund, secured a new revolving credit facility (RCF) worth...[By Shamsuddin Mohd via reuters.com]
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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]
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A Hamas official said on Monday no progress was made at a new round of Gaza ceasefire talks in Cairo also attended by Israeli, Qatar...[By Nidal Al-Mughrabi and Ahmed Mohamed Hassan via reuters.com]
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Military officials said on Sunday that Israel is pulling some troops out of the city of Khan Younis in Gaza, saying it had ended its...[By Alisa Odenheimer via bloomberg.com]
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The People’s Bank of China said it will set up a relending program of as much as 500 billion yuan ($69 billion) to support innovation...[By Lorretta Chen via bloomberg.com]
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On the morning of March 18, 2024, a Cessna 750 Citation X departed from St. Augustine, Florida, carrying professional golfers from the PGA Tour to...[By Alan Shipnuck via bloomberg.com]
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Some of the world’s biggest money managers are searching for the next wave of artificial intelligence winners beyond the US.
At a time when the global...[By Srinivasan Sivabalan via bloomberg.com]
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