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QUOTED
“On the 7th of March… in Jeddah there will be an emergency meeting of the foreign ministers of the Organization of Islamic Cooperation, and we will also seek to endorse this plan so that it becomes both an Arab plan and an Islamic plan.” Egyptian Foreign Minister Badr Abdelatty, Arab League adopts Egypt’s Gaza reconstruction plan [Al-Arabiya]
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TOP STORY
Arab leaders endorsed Egypt’s $53 billion postwar plan for the Gaza Strip that would allow its roughly 2 million Palestinians to remain. A counterproposal to Donald Trump’s plan to depopulate the territory and redevelop it as a beach destination. [more]
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MORE TOP STORYLINES
Via Jill Goldsmith in deadline.com: UFC and WWE parent TKO Group has, as promised, jumped into boxing, inking a partnership with Saudi Arabia. The deal with His Excellency Turki Alalshikh, chairman of the Saudi General Entertainment Authority, and Sela, the Saudi national entertainment and events conglomerate, will establish a new boxing promotion that will provide a platform for leading boxers and prospects in the sport. TKO will serve as managing partner, providing day-to-day operational expertise, management and oversight of the promotion, with executive leadership anchored by UFC CEO Dana White and WWE president and TKO board member Nick Khan. TKO CEO Mark Shapiro called the agreement “a strategic opportunity to reimagine the sport of boxing globally.” He had teased a deal as imminent on an earnings call last week. “TKO has the deep expertise, promotional prowess, and longstanding relationships. HE Turki Alalshikh and Sela share our passion and vision for evolving the current model. Together, we can bring the sweet science back to its rightful place in the forefront of the global sports ecosystem.”
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Via Rebecca Anne Proctor in agsiw.org: Located prominently on King Faisal Road in Al Bujairi, Diriyah, just northwest of Riyadh, is the vast new 129,000 square foot Diriyah Art Futures institute. Inaugurated in December 2024, the new media arts center is dedicated to the rapidly expanding genre of digital art and is among the first institute of its kind in the Middle East and North Africa. Developed by Saudi Arabia’s Ministry of Culture, Diriyah Art Futures highlights the kingdom’s growing interest and investment in art and culture involving new technology and artificial intelligence. Haytham Nawar, director of Diriyah Art Futures and former chair of the arts department at the American University in Cairo, said the exhibition is significant because “it provides a historical overview” of digital art. “In Saudi, there is knowledge of the history of computational art, especially the usage of AI and generative art,” added Nawar. “What it does is connect international artists in the field with those working in Saudi.”
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Via Julian Borger in theguardian.com: Israel’s internal security agency, Shin Bet, has said Benjamin Netanyahu’s policies were among the underlying causes of the 7 October 2023 attack in which Hamas and other militants killed about 1,200 Israelis. In its report on the 7 October attack, Shin Bet acknowledged its own responsibility, admitting it was aware of warning signs that Hamas was planning an operation, but the agency, also known as the General Security Service (GSS), did not grasp the scale, timing and location of the planned attack. Among the main reasons for a Hamas military build-up before the attacks, an eight-page public summary of the report listed an Israeli “policy of quiet” towards the group, apparently referring to a policy of restraint in the use of force to keep Hamas’s military capability in check. It also listed Netanyahu’s acquiescence in the flow of funds from Qatar to Gaza, a policy designed to divide Palestinians by boosting Hamas at the expense of the Palestinian state.
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MORE ON THE KINGDOM AND BEYOND
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According to the 112-page draft document seen by the DPA and Reuters news agencies, an initial six-month recovery phase would focus on removing rubble and installing temporary housing...[By Matt Ford, Emmy Sasipornkarn and Mahima Kapoor via dw.com]
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Saudi Arabia’s Crown Prince Mohammed bin Salman emphasized the Kingdom’s full support for the resolutions adopted by the extraordinary Arab League summit...[via alarabiya.net]
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The talks “fell within the framework of enhancing bilateral relations between the two countries and paving the way for the signing of several agreements in...[By Najia Houssari via arabnews.com]
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At the Arab Summit in Beirut in March 2002, the Kingdom reaffirmed its commitment to the Palestinian cause by presenting a practical framework for achieving...[via spa.gov]
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Discussing whether a stronger synergy between Washington and Riyadh will impact Saudi-Iran ties, Roberto Neccia, an independent Iran analyst, told The New Arab that the prince’s...[By Sabena Siddiqui via newarab.com]
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Saudi Arabia is increasingly positioning itself at the center of various high-stakes diplomatic processes. In recent months, it has taken on key roles as backer,...[via mei.edu]
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Riyadh’s bold plans to localize 50% of its defense sector by 2030 are reshaping its approach to military-industrial development. In line with this vision,...[By Gökhan Ereli via amwaj.media]
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Consumer spending in Saudi Arabia jumped 34.7% to SAR 17.5 billion (USD 4.6 billion) in the week leading up to Ramadan, from February 23 to...[via com.br]
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Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen...[By Dinesh Nair, Anthony Di Paola, Matthew Martin and Kiel Porter via yahoo.com]
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Lithium, often dubbed “white gold,” plays a critical role in the manufacture of electric vehicles (EVs), energy storage systems, and renewable energy infrastructure. Aramco, in...[via saudienergyconsulting.com]
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Turki Alalshikh, the chairman of Saudi Arabia‘s General Entertainment Authority, has forged a multi-year boxing promotion...[By Nick Vivarelli via variety.com]
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TKO Group Holdings, which owns the UFC and WWE, has launched a new boxing promotion backed by investment from Saudi Arabia. The Kingdom has...[via bbc.com]
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The report provides an in-depth analysis of 24 transformative mega-projects driving Saudi Arabia’s Vision 2030. Covering Neom, The Line, Oxagon, King Salman International Airport, Diriyah...[via yahoo.com]
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We continue to state that we're doing all that we can to reunify the game because our fans are saying that's what they want,...[By Eamon Lynch via usatoday.com]
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Warburg Pincus LLC and Saudi Arabia’s $320 billion pension fund manager will jointly explore deals in the kingdom as the global private equity firm looks...[By Alex Dooler and Preeti Singh via yahoo.com]
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The National Center for Vegetation Cover Development and Combating Desertification has launched a project to study and assess degraded sites in Saudi Arabia’s western and...[via arabnews.com]
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The United States broke a longstanding diplomatic taboo by holding secret talks with Hamas on securing the...[By Steve Holland and Matt Spetalnick via reuters.com]
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A new travel ban by President Donald Trump could bar people from Afghanistan and Pakistan from entering...[By Jonathan Landay, Ted Hesson and Humeyra Pamuk via reuters.com]
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