“You can look at Saudi as a sleeping giant who has finally woken up with a great deal of pent-up energy striving to catch up with and overtake those around him. Lots of pressure is being applied in particular on international firms and organizations to domicile their regional headquarters in Saudi… comes with the promise of significant economic benefit to these organizations with large lucrative mandates being awarded to those who complied.” May Nasrallah, founder and executive chairwoman of boutique advisory firm deNovo Partners, which recently received a provisional license to establish their local operations, Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign [Bloomberg]
With the 2024 Hajj expected to begin June 14, Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah released the Nusuk card by presenting its copy to Indonesian Minister of Religious Affairs Yaqut Cholil Qoumas in Jakarta on Tuesday, April 30, during his official visit to Indonesia. [more]
Saudi Arabia and Israel are America’s two most important Middle East allies, and the Biden administration is deeply involved with both today, trying to forge a mutual defense treaty with Saudi Arabia and help Israel in its conflicts with Hamas and Iran. But the Biden team has run into an unprecedented situation with these two longtime partners that is creating a huge opportunity and a huge danger for America. It derives from the contrast in their internal politics.
Via Becky Anderson, Mostafa Salem and Jennifer Hansler in cnn.com: Saudi Arabia and the United States are finalizing the details of a landmark deal to strengthen bilateral trade and defense – but an agreement will not be reached if the kingdom and Israel do not establish diplomatic relations, US officials said.
Dr. Soliman Abdul Kader Fakeeh Hospital and its shareholders are seeking to raise as much as 2.86 billion riyals ($763.4 million) in the Riyadh initial public offering. Books were covered throughout the price range of 53 riyals to 57.5 riyals per share, according to terms of the deal seen by Bloomberg News.
This past weekend, Alfaisal University, Dimensions Startup Studios in collaboration with the College of Engineering, proudly hosted the first-ever Saudi SolarThon, an extraordinary gathering of minds...[via alfaisal.edu]
Indicating a changing approach to Iraq, Saudi Ambassador to Baghdad Abdulaziz Al-Shammari has paid a highly publicized visit to a major Shiite shrine in...[via amwaj.media]
England kick off Euro 2024 against Serbia on 16 June and if Jordan Henderson is called up then the former Al-Ettifaq midfielder should be able...[By John Duerden via theguardian.com]
MENA distributor Front Row Filmed Entertainment has acquired global distribution rights for Image Nation Abu Dhabi’s...[By Melanie Goodfellow via deadline.com]
Riyadh Fashion Week launched in 2023. And most recently, Lebanese designer Rami Kadi took a leaf out of the Dolce & Gabbana...[By Sarah Maisey via thenationalnews.com]
The Ministry of Interior launched the digital identity service for the Hajj pilgrims, who are arriving in the Kingdom from all over the world to...[via saudigazette.com]
In a sign of the need for more capital, executives from so-called giga projects like Neom and Qiddiya were out in...[By Nicolas Parasie and Joumanna Bercetche via bloomberg.com]
While economic growth might be the overarching national motivation, international organizations are building programs that seek to empower individuals as well. The International Monetary Fund and ...[By Hanaa Almoaibed via atlanticcouncil.org]
Shamoon, the destructive computer virus that four years ago crippled tens of thousands of computers at Middle...[By Jim Finkle, Tom Finn and Jeremy Wagstaff via reuters.com]
The conference aimed to contribute to achieving the first goal of the Saudi Vision 2030 related to enhancing Islamic values and national identity by conveying...[via spa.gov]
Saudi Arabia’s holdings in US treasuries increased for the eighth consecutive month in March, reaching $135.9 billion, a rise of 3.66 percent compared to the...[via arabnews.com]
The success of ballistic missile defences facing their first complex, high-stakes combat scenarios in Israel, the Red...[By Gerry Doyle via reuters.com]
or the six months following the October 7 Hamas attack on Israel, the region appeared to settle into a predictable, if volatile, pattern in which...[via thesoufancenter.org]
Following Iran's Apr. 14 military action against Israel in response to the Apr. 1 bombing of the Iranian consulate in Damascus, a senior...[via amwaj.media]
After months of shooting down drones over the Middle East, the cost of those interceptions is getting too high. That’s according to the Pentagon’s...[By Nicholas Slayton via taskandpurpose.com]
Police forcibly removed scores of defiant pro-Palestinian protesters at several colleges on Thursday, including taking down an...[By Lisa Richwine and Arlene Washington via reuters.com]
Police have arrested nearly 2,200 people during pro-Palestinian protests at college campuses across the United States in recent weeks, sometimes using riot gear, tactical vehicles...[By Julie Watson, Christopher L. Keller, Carolyn Thompson And Stefanie Dazio via apnews.com]
A judge declared a mistrial Thursday after a jury said it was deadlocked and could not reach a verdict in the trial of a military...[By Matthew Barakat via apnews.com]
