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  • Iraq calls for emergency Arab, Islamic summit to halt Israeli aggression on Lebanon

    Iraq’s Foreign Minister, Fuad Hussein, yesterday proposed holding an emergency Arab and Islamic summit aimed at “unifying efforts to halt Israeli aggression” in Lebanon, Anadolu reported. Since Monday morning, the Israeli military has launched what is described as its “most intense and wide-ranging” assault on Lebanon since hostilities with Hezbollah began nearly a year ago. The attacks resulted in 569 deaths, including 50 children and 94 women, and left 1,835 wounded, according to the Lebanese Ministry of Health.

  • Houthis Expand Ties Beyond Iran’s Axis

    Unlike other members of the Axis, the Houthis swear fealty to their own leadership, and not to Iran’s Supreme Leader Ayatollah Ali Khamenei, and they have their own regional ambitions separate and distinct from Iran. Diversifying their regional and global partnerships helps reduce the Houthis’ dependence on Tehran.

  • Warren & Hearn defend Saudi involvement in boxing

    "Why is there criticism? A small minority complaining about the national anthem being played," Warren said. "These type of events would not be able to be made without financial input. "It's for the love of boxing from His Excellency [Alalshikh] that has made that happen. The fans there, did you hear anyone moaning?"

  • IAEA chief sees willingness from Iran to re-engage on nuclear file

    U.N. nuclear watchdog chief Rafael Grossi said on Tuesday he had sensed a greater willingness by Iranian officials to engage with the agency in a more meaningful way after talks in New York, and that he hoped to travel to Tehran in October. Several long-standing issues have dogged relations between Iran and the International Atomic Energy Agency, including Tehran's barring of uranium-enrichment experts on the inspection team and its failure for years to explain uranium traces found at undeclared sites.

  • Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits

    The private equity firm run by Jared Kushner, the son-in-law of former President Donald J. Trump, has been paid at least $112 million in fees since 2021 by Saudi Arabia and other foreign investors, even though as of July it had not yet returned any profits to the governments largely bankrolling the firm.

  • Saudi Arabia’s non-oil exports jump 19% in July

    Non-oil exports in Saudi Arabia recorded an increase of 19 percent reaching SR25.4 billion in July this year, compared to SR21.3 billion in the same month in 2023. Non-oil exports, excluding re-exports rose 6.5 percent, while the value of re-exported goods rose 78.4 percent in the same month.

  • ‘Shaandaar Saudi’: Saudi Arabia’s New Campaign to Attract Indian Tourists

    Saudi Arabia has launched its first-ever marketing campaign targeted exclusively at Indian tourists: “Shaandaar (Spectacular) Saudi.” Unveiled in Mumbai on Tuesday, the campaign highlights Saudi Arabia as a year-round destination for Indian families, culture enthusiasts, adventurers, and food lovers. Bringing in Indian tourists is an important part of Saudi’s Vision 2030, a plan to diversify the economy and attract 150 million visitors by the end of the decade. Saudi aims to bring in 7.5 million visitors from India alone.

  • Saudi Arabia draws $144B in foreign investments, says Alkhorayef

    This announcement was made during a promotional event in New York for the upcoming Multilateral Industrial Policy Forum (MIPF 2024), which will be held in Riyadh on Oct. 23-24, 2024. According to data available with Argaam, foreign investment within the Saudi economy rose to SAR 2.55 trillion by the end of Q1 2024, reflecting a 6% increase compared to the end of 2023.

  • Saudi Arabia Surges to 14th Position in Global AI Index, 1st in Arab World.

    The Kingdom of Saudi Arabia has achieved a significant milestone in the field of artificial intelligence, securing 14th place globally and the top spot in the Arab world in the Global AI Index for 2024, published by Tortoise Intelligence. This remarkable 17-rank improvement among 83 countries underscores Saudi Arabia's rapid progress in AI adoption and development.

  • Israel rejects U.S.-backed Lebanon ceasefire proposal

    Israel rejected proposals on Thursday for a ceasefire with Hezbollah, defying allies including the United States which had called for an immediate three-week halt in fighting to allow for diplomacy to avert a wider war. "There will be no ceasefire in the north," Foreign Minister Israel Katz said on X. "We will continue to fight against the Hezbollah terrorist organization with all our strength until victory and the safe return of the residents of the north to their homes."