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  • Saudi Arabia Opens Bidding for Six Football Clubs

    This sale is part of Saudi Arabia’s broader push to establish itself as a major global football hub, a goal supported by significant investments in top-tier talent, infrastructure, and media deals. In just the first month of the 2023/24 season, the Saudi Pro League reported a 650% increase in revenue, demonstrating the growing interest in the league both domestically and internationally. Additionally, the league has struck broadcasting deals with 38 networks across multiple countries, further boosting its global reach and visibility.

  • China added more solar power last year than America has, period

    Citing data from Bloomberg and the Chinese Department of Energy, Semafor says that China built out infrastructure capable of generating nearly 217 gigawatts of power last year, to make for a total capacity of more than 609 gigawatts. America’s solar capacity pales in comparison at a mere 175 gigawatts. (For perspective, a gigawatt is enough energy to power about 100 million LED light bulbs.)

  • Vehicle driver’s age should be 25 or above

    The regulatory requirements stipulate that the driver’s age should not be less than 25 years, in addition to obtaining a driver’s permit, a valid driving license, and a certificate to show that they do not have any criminal record. The requirements also include that the driver shall undergo an approved first aid course, passing the medical examination conducted by the authority, passing the professional competency test, and any test or training courses specified by the TGA.

  • Saudi Arabia leads GCC IPO momentum in Q2 2024

    PwC Middle East’s latest IPO+ Watch highlights  a total of 13 IPOs raised $2.6 bn in the region in Q2 2024, compared to the same number of IPOs in the corresponding period in 2023 that raised $1.8bn. Notable listings this quarter include Dr. Soliman Abdel Kader Fakeeh Hospital Company, which raised $763m on Tadawul, as well as Alef Education and Spinneys, two of the largest listings in the UAE.

  • UAE seeks solo trade agreements as intra-Gulf rivalry heats up

    The United Arab Emirates (UAE), the Arab world’s second-largest economy, is increasingly pursuing independent bilateral trade agreements, bypassing the Gulf Cooperation Council (GCC), the Saudi Arabia-led regional political and trade bloc.

  • Oil tumbles on easing fears of wider Middle East war

    Brent and U.S. crude oil futures fell on Tuesday as traders grew less nervous about the potential for a wider war in the Middle East, with Iran yet to act on threats to retaliate on Israel for assassination of a Hamas official in Tehran. Benchmark Brent crude futures settled down $1.61, or 1.96% at $80.69 a barrel. U.S. West Texas Intermediate crude finished down $1.71, or 2.14%, at $78.35 a barrel.

  • Israel Was Less Flexible in Recent Gaza Cease-Fire Talks, Documents Show

    For weeks, Prime Minister Benjamin Netanyahu of Israel has denied that he is trying to block a cease-fire deal in Gaza by hardening Israel’s negotiating position. Mr. Netanyahu has consistently placed all blame for the deadlocked negotiations on Hamas, even as senior members of the Israeli security establishment accused him of slowing the process himself.

  • New report demonstrates huge potential for digital label growth in Saudi Arabia

    As the MENA region’s graphic arts and packaging industries gear up for the first Gulf Print & Pack exhibition in Saudi Arabia next year, a new report demonstrates the astonishing growth potential of the Saudi digital printing market. The report, compiled by consultancy Astute Analytica, predicts that the Saudi digital print sector will generate revenues of US$ 766.58 million by 2032, up from US$ 351.33 million in 2023 - a CAGR of 9.24 percent during the forecast period 2024-2032.

  • Opinion poll: 66% see reckless driving by bike delivery boys

    At a time when delivery app bikes are spreading randomly on the roads, the Saudi Center for Opinion Polling (SCOP) revealed in its latest survey that 66 percent of the those participated in the survey witnessed reckless driving behavior on the part of delivery representatives. It was also found in the survey that 59 percent of the participants were upset with the way delivery representatives drive their bikes, Al Arabiya.net reported.

  • Attitudes Toward Arabic-English Code Switching in Saudi Society

    This study is designed to explore the attitudes of Saudi students at Prince Sattam bin Abdulaziz University toward code switching between colloquial Arabic and English and toward borrowing from the English language in Saudi society, considering two significant variables: major studied and gender.