QUOTED

Quoted

“We in the region are not going to focus only on solving the crisis of the moment, we’re going to look at how we can solve the bigger problem in the context of Gaza. That is, a real commitment to a two-state solution, that is, a credible, irreversible path to a Palestinian state.” Saudi Foreign Minister Prince Faisal bin Farhan, Saudi FM: Commitment to two-state solution only way to prevent Gaza war reoccurring [Arab News]

TOP STORY

Special World Economic Forum Convenes in Riyadh

WEF Riyadh

The World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh convenes 1,000 global leaders from 92 countries on 28-29 April, to support global dialogue and find actionable, collaborative and sustainable solutions to shared global challenges.

[more]

 

MORE TOP STORYLINES

Kingdom of Saudi Arabia pledges US $500 million to protect children around the world from polio and end the disease for good

in unicef.org: New commitment will help vaccinate 370 million children against polio every year for the next five years, protecting them from paralysis and even death, and build stronger health systems to achieve and sustain a polio-free world.

Saudi, US top diplomats discuss Gaza crisis in Riyadh

Via Ghinwa Obeid in alarabiya.net: 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 ongoing Gaza conflict as the Israeli threat of an operation in Rafah remains imminent. Prince Faisal met with Blinken in the Saudi capital Riyadh on the sidelines of joint talks between the US official and GCC foreign ministers.

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

Via John Benny and Salim A. Essaid in thenationalnews.com:

Saudi Arabia’s Finance Minister Mohammed Al Jadaan on Sunday said the kingdom would adapt to current economic and geopolitical challenges and “downscale” or “accelerate” some of the projects being carried out under its Vision 2030 programme.

Asked whether Saudi Arabia had to mark-to-market its expectations regarding the goals of the 14-year long programme, Mr Al Jadaan said: “Absolutely, yes.”

 

MORE ON THE KINGDOM AND BEYOND

Saudi Arabia’s private sector workers grow to 11.3M in April

The total number of workers in the Saudi private sector reached 11.27 million in April 2024, the National Labor Observatory said. The total number of nationals working in private-sector entities stood...[via argaam.com]

 

F-15EX ‘Dogfights’ Eurofighter, Rafale Aircraft For Big, Fat Saudi Deal; Can Boeing Outdo Airbus & Dassault?

With three options on the table, there is also conjecture that the kingdom might take the Qatar route and make its fleet more diverse by...[By Sakshi Tiwari via eurasiantimes.com]

 

Gulf Artists Make a Splash at the Diriyah Contemporary Art Biennale

The second Diriyah Contemporary Art Biennale, which opened in Riyadh February 20, comes to a close in late May after a busy...[By Nada Ammagui via agsiw.org]

 

US National Security Adviser Insists on No Saudi Defense Pact Without Israel Normalization

Jake Sullivan, who serves as President Joe Biden’s top national security aide, told the UK-based Financial Times that the materializing deal currently being discussed...[via themedialine.org]

 

Saudi Arabia’s Abyan Capital closes $18m Series A round, led by STV

Abyan Capital, a pioneering robo-advisory firm in Saudi Arabia, has closed an impressive $18m Series A funding round, with STV taking the lead alongside...[via fintech.global]

 

Al-Samaani: Saudi Arabia is going through a phase of major legislative reforms led by Crown Prince

Minister of Justice Dr. Walid Al-Samaani emphasized that Saudi Arabia is going through a phase of major legislative development and reforms, led by Crown Prince...[via saudigazette.com]

 

Saudi Manara Minerals’ team in Pakistan for talks on Reko Diq mine stake, document shows

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper...[By Asif Shahzad via yahoo.com]

 

Saudi Aramco in Talks to Buy Shell Gas Stations in Malaysia

Four unnamed sources have told Reuters that Saudi state-run oil giant Aramco is in talks to potentially acquire Shell’s billion-dollar gas station business in Malaysia,...[By Charles Kennedy via oilprice.com]

 

Saudi Arabia’s transformation from oil to green energy

Saudi Arabia, a country historically synonymous with oil production, is making strides toward sustainability. Once reliant solely on its vast oil...[By Vanessa Ghanem via alarabiya.net]

 

Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report

Debt buildup in the Saudi economy will remain in focus. However, S&P expects its growth to be gradual and concentrated with companies in the PIF...[By Yara Abi Farraj via economymiddleeast.com]

 

What’s behind Saudi Arabia’s increase in crude oil prices for Asian market?

According to Bloomberg, the increase is in line with Saudi Arabia’s efforts to keep prices up amid a fading risk of war in the Middle...[By Adam Lucente via al-monitor.com]

 

Saudi Aramco maintains $31 bln dividend despite lower Q1 net income

Saudi Arabian state-owned oil giant Aramco (2222.SE), opens...[By Hadeel Al Sayegh via reuters.com]

 

Saudi Arabia warns against Rafah invasion, denounces Israeli ‘war machine’

Saudi Arabia warned Israel against targeting Rafah on Monday, calling it a “bloody and systematic” campaign aimed at forcefully displacing Palestinians from...[via alarabiya.net]

 

Saudi Arabia’s Qiddiya to build region’s largest water theme park

To be named Aquarabia, Qiddiya hopes to draw visitors from around the globe with 22 attractions and water experiences suitable for all family members, as...[via arabnews.com]

 

Saudi Arabia’s internet penetration reaches 99 percent in 2023: Report

Saudi Arabia witnessed in 2023 a notable surge in internet usage, reaching a penetration rate of 99 percent, indicating nearly universal access across its...[By Elias Al Helou via economysaudiarabia.com]

 

Saudi budget deficit rises fourfold in Q1 2024

Saudi Arabia recorded a budget deficit in the first quarter of 2024 of SAR12.4 billion ($3.3 billion), four times higher than a year ago –...[By Andrew Hammond via agbi.com]

 

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Saudi Arabia’s Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha recently held a meeting in Jeddah with Taro Kono, Japanese minister...[By Elias Al Helou via economysaudiarabia.com]

 

The Siren Call of an Israeli Invasion of Lebanon

lthough much of the world is breathing a sigh of relief that Iran and Israel appear unwilling to push their ...[By Hussein Ibish via theatlantic.com]

 
 

Recent Editions

Left Menu Icon
Logo Header Menu