QUOTED

Quoted

“Things can become very messy if the Israelis try to retaliate over Jordanian airspace.” Ghaith al-Omari, a senior fellow at the Washington Institute for Near East Policy and a former official in the Palestinian Authority, An uneasy alliance of Arab states helped defend Israel from Iran. Their resolve may soon be tested. [NBC News]

TOP STORY

Saudi Arabia Moves Closer to $1 Billion stake in a Pakistani mine – Report

mining429

Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold Corp., people with knowledge of the matter told Bloomberg. [more]

 

MORE TOP STORYLINES

Saudi Arabia ramps up regional diplomacy to avert Iran-Israel war

Via Beatrice Farhat in al-monitor.com: “We are already in an unstable region, and the humanitarian catastrophe in Gaza is already inflaming the region,” Prince Faisal told a press conference with his Pakistani counterpart in Islamabad. “We do not need more conflict in our region; we do not need more confrontation in our region, so it is our position that the de-escalation must be everybody’s priority.”

$410 billion in investments propel Saudi Arabia’s mining sector growth

Via Yara Abi Farraj in economymiddleeast.com: Saudi Arabia’s mining sector is undergoing a significant transformation and is gearing up to become one of the key pillars of economic diversification efforts outlined in Vision 2030. The latest report from the National Industrial and Mining Information Center reveals that Saudi Arabia issued 152 industrial licenses in January alone, bringing the total number of operating and under-construction factories in the Kingdom to 11,672. These factories represent a combined investment of SAR1.539 trillion ($410.4 billion).

Humans and their livestock have sheltered in this Saudi Arabian cave for 10,000 years

Via Gillian Dohrn in nature.com: A first-of-its-kind study in northwestern Saudi Arabia suggests that humans and their livestock have been using a cave for shelter sporadically for up to 10,000 years. The finding1 offers insight into the region’s history and ecology. In the past decade, satellite data and fossil finds have suggested that the Arabian Peninsula was not always an arid desert. Periods when the region contained lakes and lush greenery might have drawn people and animals there from Africa, according to the study’s authors.

 

MORE ON THE KINGDOM AND BEYOND

BlackRock Gathers Investors for Saudi Summit

The world’s largest asset management company is hosting the event alongside the Saudi Ministry of Finance, according to people familiar with the matter, who asked...[via bloomberg.com]

 

Experts Explain Saudi Arabia’s 2-Kilometre Skyscraper

Most people would struggle to imagine the height of a 2-kilometre skyscraper, so instead picture a map of Manhattan. The huge strip of green...[By Ian Parkin via theb1m.com]

 

Saudi Arabia ‘very, very close’ to US security pact tied to Palestinian state

Saudi Foreign Minister Faisal bin Farhan said on Monday that bilateral agreements with the United States were “very, very close” as Riyadh seeks to secure...[By Beatrice Farhat via al-monitor.com]

 

Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

“Today the economy in the kingdom is growing faster, but we don’t want to overheat it. We don’t want to deliver these projects at...[By Natasha Turak via cnbc.com]

 

Saudi Arabia opens Umrah to all visa holders

In a significant move to facilitate religious tourism, Saudi Arabia has announced that holders of any type of visa are now eligible to perform Umrah,...[via travelandtourworld.com]

 

Kasatkina ‘assurances’ on Saudi Arabia

Then she took a deep breath. “We see that the Saudis, now they are very into the sport. They want to develop the sport, and...[via theathletic.com]

 

Saudi Arabia building an economy of the future — Crown Prince

The Crown Prince participated on Sunday in a Special Dialogue session at the World Economic Forum Special Meeting in Riyadh, attended by global leaders from...[via saudigazette.com]

 

Saudi Arabia to cut electricity production cost to maintain competitiveness: Minister

Addressing a session entitled “Advancing Carbon Capture Innovations and Its Uses in Global Partnerships” on the sidelines of the special meeting of the World Economic...[via argaam.com]

 

Secretary Blinken’s Meeting with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud

Secretary of State Antony J. Blinken met today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud.  Secretary Blinken underscored the need to avoid...[via state.gov]

 

Saudi Aramco is looking at investment in new energies outside of the kingdom, CEO says

Saudi Arabia's state-oil giant Aramco (2223.SE), opens new tab is looking at investments right now in new...[By Nadine Awadalla Nayera Abdallah via reuters.com]

 

Saudi Crown Prince leads Special Dialogue at WEF special meeting in Riyadh

Saudi Arabia’s Crown Prince Mohammed bin Salman led a Special Dialogue session at the World Economic Forum special meeting in Riyadh on Sunday where prominent figures...[via alarabiya.net]

 

Saudi authorities issue severe weather warning

Saudi authorities warned residents that most parts of the Kingdom will experience severe weather until Friday. The National Center of Meteorology on Monday forecast moderate-to-heavy rain...[via arabnews.com]

 

How AI is reshaping Saudi Aramco’s oil exploration and underwater operations strategy

Saudi Aramco is spearheading the innovations by embracing cutting-edge technologies like artificial intelligence, both within its core operations and beyond, which places the company ahead...[via cio.com]

 

3 citizens and expatriate arrested for money laundering involving SR200 million

It was revealed in investigations that a female citizen started a commercial entity to collect debts and handed it over to her husband, who in...[via saudigazette.com]

 

Continued Progress in Saudi Economic Diversification

Similarly, in a year such as 2022, when oil production and oil export revenue are high, the economy can look less diversified even if the...[By Tim Callen via agsiw.org]

 

Saudi Arabia to Launch a Centre for Space Futures in the Forum’s Fourth Industrial Revolution Network

The World Economic Forum has signed an agreement with the Saudi Space Agency to establish a Centre for the Fourth Industrial Revolution (C4IR)...[via weforum.org]

 

Miscalculation Led to Escalation in Clash Between Israel and Iran

Aides quickly alerted Jake Sullivan, President Biden’s national security adviser; Jon Finer, the deputy national security adviser; Brett McGurk, Mr. Biden’s Middle East...[By Ronen Bergman, Farnaz Fassihi, Eric Schmitt, Adam Entous and Richard Pérez-Peña via nytimes.com]

 

Perspective: Israel Exposes the Contradictions in Biden’s Foreign Policy

The main non sequitur at issue concerned Biden’s dual message to Israel following this weekend’s massive barrage of drones and missiles from Iran....[By Andreas Kluth via bloomberg.com]

 

Iran Attack on Israel: Implications and Oil Market Concerns

Iran and Israel are now officially out of the shadow war, which was becoming more and more open, especially as the Houthis increased their ability...[By Abhiram Rajendran & Karen E. Young via energypolicy.columbia]

 

Israel will defend itself, Netanyahu says, as West calls for restraint

Israel will make its own decisions about how to defend itself, Prime Minister Benjamin Netanyahu said on...[By James Mackenzie and Nidal Al-Mughrabi via reuters.com]

 

Amid threat of war, Iran faces public backlash over hijab crackdown

Iran has renewed a push to impose the mandatory Islamic dress code. The move follows a call by Supreme Leader Ayatollah Ali Khamenei for hijab...[via amwaj.media]

 

Scenario-mapping: Iranian conservative media think out Israel’s next steps

Amid anticipation of Israeli reprisals for Iran’s Apr. 14 attack on military sites in Israel, Iranian media is rife with speculations about possible scenarios ahead....[via amwaj.media]

 

Iraq Moves to Tackle Climate Challenge

Although Iraq is the second-largest oil producer in OPEC after Saudi Arabia, it is a net natural gas importer because lack of infrastructure investment has...[By Kate Dourian via agsiw.org]

 

Hiba Husseini: Peacemaking After Oslo

Hiba Husseini is a Ramallah-based lawyer who lives in Jerusalem. She served as a legal advisor to Palestinian peace negotiators for 30 years. About a...[via csis.org]

 

Flooded UAE counts cost of epic rainstorm, airport still facing disruptions

Emergency workers tried to clear waterclogged roads and people assessed the damage to homes and businesses on...[By Alexander Cornwell, Federico Maccioni and Yousef Saba via reuters.com]

 

UAE cloud seeding did not take place during heavy rains, says NCM: Reports

The UAE weather bureau has denied claims that its cloud seeding program was responsible for the recent heavy rainfall that caused widespread...[via arabianbusiness.com]

 
 

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