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  • Israeli siege plan for Gaza under scrutiny as U.S. demands urgent change

    The “General’s Plan” is being pushed by some members of Prime Minister Benjamin Netanyahu’s far-right government, despite pushback from the Israeli military, human rights groups and the White House. On Sunday, citing international and U.S. law, top Biden administration officials gave Israel a month to reverse course or risk losing American military assistance.

  • As Saudi Arabia looks to diversify economy, Hollywood takes notice

    While Hollywood is interested in how the Saudis can fund projects, the Saudis see it the opposite way, according to some dealmakers. The country’s intent, they say, is to create a studio and production infrastructure at home and use Hollywood talent to bolster it. The focal point of that has been Neom, the futuristic city being built on the coast of the Red Sea. Neom already has six sound stages — with another four in the works — and the area boasts a cash rebate of up to 40% for qualifying projects.

  • Egypt-Saudi Arabia Electricity Interconnection to be Complete in 2025

    The first phase of the Egypt-Saudi Arabia electricity interconnection project will be operational by June 2025, according to Egypt’s Prime Minister Mostafa Madbouly. Comprising 1,200 km of overhead transmission lines, the project aims to facilitate the exchange of up to 3 GW of electricity upon completion. The transmission line will connect Saudi Arabia’s 380 kV Madinah East and 380 kV Tabuk converter stations with Egypt’s 500 kV Badr station. “The project will have a capacity of 1.5 GW and facilitate energy exchange between both countries,” Madbouly stated. “It will be a major milestone, with a total capacity of 3 GW which will surpass the total regional energy capacity of Gulf Cooperation Council countries.”

  • 16 ministry officials among 21 arrested as major drug trafficking network busted in Riyadh

    The arrested persons were accused of crimes such as smuggling drugs from outside the Kingdom; replacing seized narcotics with similar ones before they were destroyed by the competent authority; transporting, promoting and trading drugs; destroying the evidences of transactions carried out by the defendants in drug cases, and leaking information about their convictions.

  • Inter Milan becomes first club to get Saudi investment license

    Italy’s Inter Milan has become the first international football club to receive a licence in Saudi Arabia. The ministry of investment licence will support the club in extending its brand presence in the Middle East and growing its fanbase. Inter Milan, or Nerazzurri, will bring its expertise and experience as a top-level football club to the country. “Through promoting talent and sports culture, the Nerazzurri club aims to contribute positively to the country’s future ambitions,” the club said in a statement.

  • Saudi Arabia’s first arrivals duty-free stores open at King Khalid International Airport

    Hailing the inauguration of arrivals duty-free at King Khalid Airport on LinkedIn, Riyadh Airports Chief Commercial Officer Abdulaziz Al-Askaer said: “The duty-free shops have been launched in the arrivals area in a first of its kind in the Kingdom’s outlets and it represents a major achievement that reflects our continuous commitment to improving the experience of our dear passengers. “Visitors to the Kingdom will be able to shop in the store and get a wide variety of products and gifts at competitive prices of high quality.”

  • Officials and envoys welcome Saudi Arabia’s new Global Harmony Initiative

    Saudi authorities publicly unveiled their new Global Harmony Initiative on Wednesday night during an official launch event in Riyadh. The aim of the initiative, announced earlier this week, is to celebrate and showcase the diverse range of nationalities and cultures among residents of the Kingdom by exploring their professional and family lives, social and recreational activities, contributions to the economy, success stories and cultural integration into Saudi society, organizers said.

  • Al Hilal chief hits back at Koeman criticism of Saudi Pro League

    Netherlands coach Ronald Koeman underestimates the quality of the Saudi Pro League, Al Hilal CEO Esteve Calzada said on Thursday after the Dutchman refused to select winger Steven Bergwijn because of the player's move to Saudi Arabia. Bergwijn, 27, joined Al Ittihad from Ajax Amsterdam last month and was publicly called out by Koeman who said international selection was now closed to the player. Former Manchester City executive Calzada said the Dutch coach undervalued the Saudi top-flight, which in the last two years, helped by the country's Public Investment Fund, has spent a huge sum of money attracting top talent from across Europe.

  • Prince Faisal bin Salman congratulates Dr. Mortel for obtaining Saudi citizenship

    Prince Faisal bin Salman, special advisor to Custodian of the Two Holy Mosques and chairman of the Board of Directors of the King Abdulaziz Foundation for Research and Archives (Darah), congratulated Dr. Mortel on the occasion of obtaining the Saudi citizenship. During his meeting with Dr. Mortel at the Darah headquarters in Riyadh, Prince Faisal underscored the keenness of Saudi Arabia and its leadership on attracting experts and thinkers from various fields so as to contribute to the process of building a strong cultural and scientific society in the country.

  • Saudi Arabia’s RHQ Programme continues to gain momentum

    In 2024, the RHQ mandate is now in full effect. As of 1 January, MNCs without an RHQ in Saudi Arabia are no longer eligible to bid in government tenders above SAR1 million (USD266,000). Over 350 MNCs have obtained RHQ licences, with most choosing Riyadh as their base of operations. The capital city is already an economic business hub and is fast becoming a regional headquarters destination for international companies, with big names like Amazon, Google, Microsoft and PepsiCo already having a presence there.

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