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  • Saudi event to feature 20-point golden ball with 167 break possible

    The World Snooker Tour has announced a first TV event in Saudi Arabia, where there will be an extra 20-point golden ball for players who complete a 147.

    Seven-time world champion Ronnie O'Sullivan, 2019 winner Judd Trump and current holder Luca Brecel will play in the event from 4-6 March.

    The other seven players and schedule will be confirmed in the coming weeks.

    Games will follow current rules but with a 23rd "Riyadh Season ball" pottable on completing a maximum break.

  • Saudi Arabia to host World Economic Forum meeting in April

    Saudi Arabia will host a special World Economic Forum (WEF) meeting in April, economy minister Faisal Alibrahim said on Thursday, as it aims to boost the global profile of the kingdom and its capital Riyadh.
    The meeting, scheduled to take place from April 28-29, will focus on global collaboration, growth and energy, Alibrahim said in Davos, Switzerland, where the World Economic Forum's main annual event is currently taking place.

  • Saudi foreign minister calls for ‘credible and irreversible path to a Palestinian state’

    Speaking to NBC News’ Keir Simmons at the World Economic Forum in Davos, Saudi Foreign Minister Faisal bin Farhan Al-Saud laid out the conditions necessary for Saudi Arabia to move towards normalizing relations with Israel.

  • Saudi, Iranian foreign ministers discuss Israeli war on Gaza

    Saudi Arabia and Iran held talks on Thursday on the ongoing Israeli war in the Gaza Strip, which left nearly 24,500 people dead. Saudi state news agency SPA said Foreign Minister Prince Faisal bin Farhan discussed with his Iranian counterpart Hossein Amir-Abdollahian bilateral relations and a host of issues of mutual concern. The discussions dwelt on the current developments in the Gaza Strip “and the need from the international community to shoulder its responsibility towards achieving an immediate cease-fire and protecting civilians," SPA said.

  • Saudi Arabia’s Tadawul to buy 32.6% stake in Dubai Mercantile Exchange

    Stock exchange owner and operator Saudi Tadawul Group (1111.SE), opens new tab will buy a 32.6% stake in the parent company of Dubai Mercantile Exchange (DME) and become the Emirati trading platform's joint largest shareholder, it said on Thursday.
    Founded in 2007, DME lists the Oman crude oil futures contract, which is a physically settled contract serving as a Middle East benchmark used by the region's national oil companies as part of their export pricing formulas.

  • ‘A deal done quickly’. How Jordan Henderson swapped Saudi for Amsterdam

    Jordan Henderson has completed his move to Ajax having agreed to terminate his contract with Al-Ettifaq.

  • Saudi non-oil economy grew 20% after 2016, outpacing EU and US, says Al Ibrahim

    Faisal Al Ibrahim, Minister of Economy and Planning, said at the World Economic Forum 2024 that Saudi Arabia's non-oil economy has grown by 20% since 2016, surpassing the growth rates of the European Union and the United States, which stood at 10% and 14%, respectively.

    During a panel session titled 'MENA’s Economic Dilemma: Reforms Amid Uncertainty' held on Thursday, Al Ibrahim highlighted the significant strides made by the Kingdom in bolstering its non-oil economy. This growth trajectory positions Saudi Arabia as a leading example of economic resilience and diversification in the Middle East.

  • Saudi Arabia in prime position for green hydrogen in global energy landscape

    “The plan aims to produce 1.2 million tons of green hydrogen and to supply 10% of the global demand for hydrogen by 2030,” they explained. “Furthermore, Saudi Arabia Public Investment Fund (SAPIF) has been investing in several energy projects globally, including a joint venture with Power and Air Products to develop a $5 billion green hydrogen-based ammonia production facility in NEOM, Saudi Arabia. The facility will have a capacity of 1.2 GW and will produce 650 tons of green hydrogen per day.”

  • KAUST unveils blueprint for affordable solar cells to power Saudi Arabia and beyond

    Perovskite/silicon tandem technology combines the strengths of two materials – perovskite's efficient light absorption and silicon's long-term stability – to achieve record-breaking efficiency. In 2023, the De Wolf laboratory reported two world records for power conversion efficiency, with five achieved globally in the same year, showing rapid progress in perovskite/silicon tandem technology.

  • Why are Iran and Pakistan striking each other’s territory – and what does it have to do with the Middle East?

    Pakistan and Iran have both conducted strikes on each other’s territories in an unprecedented escalation of hostilities between the neighbors, at a time when tensions have risen sharply across the Middle East and beyond.

    The two countries share a volatile border, stretching about 900 kilometers (560 miles), with Pakistan’s Balochistan province on one side and Iran’s Sistan and Baluchestan province on the other.

    Both nations have long fought militants in the restive Baloch region along the border. But while the two countries share a common separatist enemy, it is highly unusual for either side to attack militants on each other’s soil.