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QUOTED
“The region is business-friendly. The economy is strong. Power prices are stable. We’re seeing a lot of momentum.” Kamel Al-Tawil, Equinix managing director for Middle East and North Africa, Race for AI Supremacy in Middle East Is Measured in Data Centers [Bloomberg]
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TOP STORY
Spanish company Halo Space is in talks with Saudi regulators to set up a base in the kingdom for balloon flights into space. Ongoing tests are planned for Saudi Arabia this summer. [more]
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MORE TOP STORYLINES
in com.sa: The National Platform for Charitable Work (Ehsan) has proudly announced that the donations for the fourth National Campaign for Charitable Work soared past SR1.8 billion during Ramadan, spanning from the 5th to the 30th of the holy month. This remarkable achievement was kickstarted with significant donations from the Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Prince Mohammed bin Salman, who collectively contributed SR70 million.
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in cnbc.com: Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk disruptions to supply from the oil producing region. Brent crude futures climbed 34 cents, or 0.38%, to $90.08 a barrel, while U.S. West Texas Intermediate crude futures rose 44 cents, or 0.51%, to $85.45, at 0033 GMT.
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in espn.com: Al Hilal beat Al Ittihad 4-1 in the final of the Saudi Super Cup on Thursday to stay on course to win four trophies this season, with the injured Neymar watching his teammates cruise to victory. The trophy, lifted in Abu Dhabis Mohammed Bin Zayed Stadium, is the first of the season for the Riyadh giant, but is unlikely to be the last as the team is also 12 points clear of Cristiano Ronaldos Al Nassr at the top of the Saudi Pro League with just seven games remaining.
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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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The United States assesses that we are in a window where an Iranian response to an April 1st Israeli strike that killed seven IRGC officials...[By Laura Rozen via substack.com]
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The United States has restricted travel for its embassy personnel in Israel amid fears of an attack by Iran.
The US embassy said staff had been...[By Christy Cooney via bbc.com]
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Iran’s warning that Israel faces “punishment” over its suspected killing of senior Iranian commanders in Syria has triggered a clear Israeli response: any operation launched...[via amwaj.media]
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Russia's foreign ministry told citizens on Thursday that they should refrain from travelling to the Middle East, especially to Israel, Lebanon and the Palestinian territories.
"The...[via reuters.com]
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Russia, Germany and Britain on Thursday urged countries in the Middle East to show restraint and Israel said it was preparing to "meet all its...[By Ilona Wissenbach via reuters.com]
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Iranian officials have publicly threatened to retaliate against Israel for an attack in Syria last week that killed a top Iranian general. An attack on...[By Barak Ravid via axios.com]
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Short-sighted leaders on both sides are fueling a new generation of violence and hatred. Hamas’s bloody terrorism is bad enough, but I wouldn’t be surprised...[By Kai Bird via time.com]
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