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  • What is behind Iran-Pakistan attacks and could conflict escalate?

    Iran launched missile strikes on three different countries this week - Iraq, Syria and Pakistan - while proxy militant groups it backs continue to target U.S. and Western interests and fight Israel, stoking fears of conflict that could engulf the Middle East and spread to other regions.

  • The United States is drowning OPEC in oil

    “US oil supply growth continues to defy expectations,” the International Energy Agency said in its latest Oil Market Report, released Thursday (Jan. 18). The US is producing more oil than any country in history, some 13 million barrels of it per day, and all those barrels are coming at OPEC’s expense. Combined with record production in Brazil and Guyana (whose oil resources are the key to an escalating diplomatic row with Venezuela), as well as the defection of OPEC member Algeria, the global oil supply marketshare of OPEC+ (OPEC and a select group of allies) sits at about 48%, the lowest since the “plus” was added in 2016.

  • Covid-19 in Saudi Arabia: ‘Wear masks in crowded places’ says health authority

    Saudi health authorities have urged people in the Kingdom to wear face masks in crowded places, amid concerns over the spread of infection diseases such as Covid-19. The JN.1 variant of Covid-19 has been identified in Saudi Arabia and was reported to have surged in the Kingdom.
    The Public Health Authority had previously allayed fears over the new variant, saying: “There is no truth to the risks and warnings being circulated about a new epidemic, as the JN.1 variant is considered one of the branching variants of COVID-19, and the effectiveness of immunisation with the developed COVID-19 vaccine is valid and there is no reason for concern and there is no need to apply strict measures”.

  • NEOM: 10 cities of Saudi Arabia’s $500bn gigaproject revealed

    Saudi Arabia’s ambitious gigaproject, NEOM, has unveiled plans for the creation of ten new cities as part of its groundbreaking $500 billion initiative. NEOM, the brainchild of Saudi Arabia’s Crown Prince Mohammed bin Salman, aims to transform the Kingdom’s economy and diversify its revenue streams beyond oil.
    Each of the ten cities is tailored to specific industries and sectors, with a focus on attracting global investments and fostering economic growth.

  • Off-road racer Sara Price celebrates becoming first American woman to win stage in Dakar Rally

    Sara Price slid out of her off-road vehicle at the Dakar Rally, after a rigorous ride through the diabolical dust and dunes in Saudi Arabia, and checked for certain she made history in the endurance event. “I don’t think an American female’s ever won a stage, right,” she asked. Price was right, the 31-year-old Californian this week became the first female American driver and third woman ever to win a Dakar stage.

  • WEF24: Saudi Ambassador to US says Kingdom prioritizing ‘peace and prosperity’ policies

    Saudi Arabia is prioritizing peace and prosperity in its efforts to lead the Middle East towards stability and security amid ongoing geopolitical volatility in the region, the World Economic Forum (WEF) Annual Meeting 2024 heard today from Her Royal Highness Princess Reema Bandar Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America.

  • Saudi Arabia Flags Commodity Trading Ambitions With DME Stake

    The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange as it seeks to diversify its revenue and gain access to oil, metals and agricultural trading. Saudi Tadawul Group bought the holding in the DME, as the Dubai exchange is known, for 107 million riyals ($28.5 million), according to a statement on Thursday, making it the joint largest shareholder along with US-based CME Group.

  • In Davos, Israel’s president calls ties with Saudi Arabia key to ending war in Gaza

    Normalizing ties between Israel and Saudi Arabia would be a key element of ending the war with Hamas and a game-changer for the entire Middle East, Israeli President Isaac Herzog said Thursday at the World Economic Forum’s annual meeting in the Swiss town of Davos. “It’s still delicate, it’s fragile, and it will take a long time, but I think that it is actually an opportunity to move forward in the world and the region towards a better future,” Herzog said.

  • Israel Isn’t Buying Saudi, UAE, Qatar, Egypt and Jordan’s Postwar Gaza Plan

    Five Arab nations are quietly touting a settlement for postwar Gaza for which they’ve secured the backing of the US. The problem is that the Israelis on whom the agreement depends aren’t buying it. That means the proposal, which its authors are calling the most plausible solution for long-term security in the region, is out of reach for now. Two of the many officials who spoke with Bloomberg are privately asserting that progress toward it won’t be possible so long as Prime Minister Benjamin Netanyahu’s right-wing coalition stays in power.

  • Inside the effort to create a far-reaching U.S.-Saudi-Israeli pact to end the war

    Eleven days ago, Sen. Lindsey Graham arrived for a private meeting in a lavish tent with ruby red rugs and low burgundy cushions in the western Saudi Arabian oasis town of Al Ula, home to ancient Nabatean ruins. The tent is guarded by layers of Saudi security that protect the nearby winter camp of Crown Prince Mohammed bin Salman. Graham, a South Carolina Republican, was a participant in a series of high-stakes meetings with the crown prince in recent weeks involving American lawmakers and diplomats hoping to rekindle a potential treaty between Saudi Arabia, Israel and the United States. Their ambitious goal is to hammer out a framework for concluding the Israel-Hamas war, stabilizing the Middle East and paving the way for some form of Palestinian self-governance in the Gaza Strip.