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  • China’s Li, Saudi crown prince discuss cooperation in Riyadh meeting

    Chinese Premier Li Qiang and Saudi Crown Prince Mohammed Bin Salman discussed cooperation in several sectors including energy, investment and trade in a meeting in Riyadh on Wednesday, the Saudi state news agency SPA reported. Earlier, Li had urged Beijing and the Gulf Cooperation Council (GCC), which includes Saudi Arabia and the United Arab Emirates, to accelerate free trade negotiations. Li made his remarks in a meeting in Riyadh with GCC Secretary General Jasem al-Budaiwi, Chinese state news agency Xinhua said.

  • Saudi Schools Launch Mandarin Classes For Young Students!

    Saudi Arabia has started offering Chinese-language classes in schools to provide young Saudis with new language skills and promote cultural understanding. The initiative, which began this year, is part of an education agreement between Saudi Arabia and China signed in the previous year.

  • Will a Turkey-Iraq Security Agreement Diminish Iran’s Hold Over Iraq?

    The MoU, which followed a historic visit to Iraq in April by Turkish President Recep Tayyip Erdogan, is a significant maneuver intended to solidify Turkey’s influence in Iraq. By labeling the Kurdish Kurdistan Workers Party or PKK a “banned organization,” Turkey seeks to legitimize its cross-border operations and strengthen its foothold in Iraqi politics and security.

  • Oil hasn’t been this cheap for years. You can thank China

    Oil futures were trading below $70 a barrel on Wednesday, the lowest levels they’ve seen since 2022. One of the factors hitting prices is the wrong kind of OPEC cut: The cartel said in its monthly oil report Tuesday that it is now forecasting global oil demand to increase by just 2 million barrels per day this year, down from the 2.1 million barrels it mentioned last month.

  • Afghan women endure draconian Taliban, 23 years after 9/11

    But 23 years after 9/11, the Taliban hold sway. Their fundamentalist interpretation of Islamic doctrines is the law of the land. Their draconian edicts once more asphyxiate Afghanistan society. And Afghan women, as they were a generation ago, are yet again thwarted from school, restricted in all they can do and banned from revealing their faces and even their voices in public.

  • BlackRock-managed fund buys stake in Saudi-Bahrain pipeline

    A BlackRock-managed fund (BLK.N), opens new tab has bought a minority stake in a pipeline linking Saudi Arabia and Bahrain from Bahrain state oil firm Bapco Energies, the two firms said on Wednesday, as the small Gulf state tries to extract value from its energy assets. A fund managed by BlackRock's Diversified Infrastructure business bought the stake in Saudi Bahrain Pipeline Company (SBPC), they said in a joint statement.

  • Saudi Arabia to stage first-ever Billboard Arabia Music Awards

    Saudi Arabia’s Billboard Arabia is set to stage the first-ever Billboard Arabia Music Awards (BBAMAs) in Riyadh to celebrate the Arab musical talent from across the region. The awards is set to take place on December 11, 2024, at King Fahad Cultural Center in Riyadh, and will form part of the first-ever Riyadh Music Week, an initiative bringing together the global music community for a series of music festivals and events.

  • Saudi Aramco Boosts Cooperation With Chinese Petrochemical Giants

    The agreement is a follow-up of an April cooperation agreement about forming the joint venture in SASREF, as well as significant investments in the Saudi and Chinese petrochemical sectors. Rongsheng could potentially buy 50% stake in SASREF, the development of a liquids-to-chemicals expansion project at SASREF, while Aramco could acquire 50% in Rongsheng’s affiliate Ningbo Zhongjin Petrochemical Co. Ltd. (ZJPC), and participate in ZJPC’s expansion project.

  • Saudi: Nationwide Initiative To Replace Old ACs

    Previously, a similar effort targeted seven major Saudi cities and ended in late 2023. Created in 2010, the Saudi Energy Efficiency Centre also launched an initiative for installing high-efficiency air conditioners that ended in late 2021. The air conditioner market in Saudi Arabia is projected to rise in value from the current SR2.3 billion to SR3.1 billion by 2029, according to a recent media report.

  • Qualcomm, Aramco and RDIA Plan Design in Saudi Arabia Startup Program

    Qualcomm, through its subsidiary Qualcomm Technologies, Inc., Aramco, and Saudi Arabia’s Research, Development and Innovation Authority (RDIA) are planning to launch Design in Saudi Arabia (DISA). DISA is envisaged to be an incubator program for Saudi Arabia that aims to support startups that are adopting AI, Internet of Things (IoT), and wireless technologies for industrial use cases.

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