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QUOTED
“I was destroyed, but what happened is I got the awareness to understand that we as human beings, with all our arrogance and technology, are nothing in front of nature… I thanked nature for the sights I was witnessing and, at a certain point, I said to it: ‘Do as you want with me — clean my mind, clean my body, clean my thoughts. I have only one mission and that is to see myself with my family again.’ That was indeed my goal.”
–Max Calderan, Dubai-based Italian explorer, discussing his trek on foot across the Rub Al-Khali (Empty Quarter), the largest continuous sand desert on earth. His 1,100 km trek took a new West to East route through the heart of the Empty Quarter. [arabnews.com]
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TOP STORY
A recently-released report by Jadwa Investment notes that the Kingdom will see a slight increase in inflation in 2020 on expectations of a continued pick-up in non-oil activities and an elevated level of consumer spending. [more]
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TOP STORY
Latest data for the year of 2018 show that emissions in Saudi Arabia have fallen significantly for the first time, down 4.4% or 26 million tons, according to researchers at the King Abdullah Petroleum Studies and Research Center (KAPSARC). [more]
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TOP STORY
OPEC and its allies are “considering cutting their oil output by a further 500,000 barrels per day (bpd)” with eyes on mitigating the impact on oil demand from the coronavirus, Reuters and the WSJ report. [more]
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MORE TOP STORYLINES
Via Sam Bridge in arabianbusiness.com : Inflation forecasts for Saudi Arabia in 2020 have been revised upwards to 1.7 percent to reflect expectations of a continued pick-up in non-oil activities, and an elevated level of consumer spending. Jadwa said price rises in restaurants and hotels were a result of increasing demand in entertainment and tourism in the kingdom, following the emerging activities associated with the Saudi Seasons in different regions during 2019.
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in forbesmiddleeast.com : In the 2020 list, there are 22 new entries and 23 nationalities represented across 28 sectors. Emiratis are the most prevalent nationality with 23 entries. There are also nine Egyptians, eight Lebanese and eight Omani women. British women have the highest representation among non-Arabs, with seven entries. The top 10 is dominated by Saudis, with three of the country’s biggest names in the top five: Samba Financial Group’s Rania Nashar, Tadawul’s Sarah Al Suhaimi and Saudi British Bank’s Lubna Olayan.
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in bloomberg.com : Darren Davis, president and chief executive officer of Saudi Arabian Mining Co., also known as Maaden, talks about commodities including aluminium and gold, and the prospects for his company.
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MORE ON THE KINGDOM AND BEYOND
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Blinken is expected to participate at a special...[By Barak Ravid via axios.com]
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The top US diplomat is scheduled to visit Saudi Arabia this weekend, diplomatic sources told Al Arabiya English on Tuesday.
...[By Joseph Haboush via alarabiya.net]
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The multinational company must start RHQ operations within six (6) months after its RHQ license is granted and it must establish three (3) optional activities...[By Jad A. Taha, Nanda Al Qazaz, Marc Saroufim ]
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According to...[via arabnews.com]
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Saudi Arabia's Fakeeh Care Group, one of the largest private hospital groups in the kingdom, said on...[By Hadeel Al Sayegh via reuters.com]
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Despite a lack of progress on that effort in the last year — about 13,000 troops in are currently deployed to Afghanistan, 5,200 troops to...[By Leo Shane III and Joe Gould via defensenews.com]
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The U.S. decision to indefinitely suspend the program, which has not been previously reported, was made in response to Turkey’s cross-border military incursion into Syria...[By Humeyra Pamuk and Phil Stewart via reuters.com]
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Production in the Eagle Ford Shale in South Texas is starting to plateau, while the Bakken field in North Dakota where Hess is a major...[By Jennifer Hiller via reuters.com]
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Rather than streamline and improve access to the country’s financial system, the e-rial adds new layers of complexity to the country’s financial market and increases...[By Robert Mogielnicki via agsiw.org]
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While its 2019 orders far outstripped Boeing’s, sales were still down from a year earlier. A combination of slowing economic growth, rising trade tensions, and...[By Natasha Frost via qz.com]
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The plan to move a Patriot anti-missile battery from Kuwait into Iraq to protect U.S. troops against another attack from Iran is on hold. It...[By Richard Sisk via military.com]
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An attack by Russian-backed Syrian government forces that killed eight Turkish military personnel on Monday posed the biggest challenge to Russian-Turkish ties since their 2018...[By Orhan Coskun, Tuvan Gumrukcu and Gabrielle Tétrault-Farber via reuters.com]
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The European Union will extend indefinitely the time limit to resolve disputes in the Iran 2015 nuclear accord to avoid having to go to the...[By Robin Emmott via reuters.com]
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In a report published Wednesday, London-based cybersecurity company Certfa tied the impersonation of Fassihi to a hacking group nicknamed Charming Kitten, which has long been...[By Raphael Satter and Christopher Bing via reuters.com]
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