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  • Newly appointed female Saudi ambassadors to EU, Finland present credentials

    Newly appointed female Saudi ambassadors to the European Union and Finland presented their credentials to the presidents of their respective missions, Saudi Arabia’s foreign ministry announced on Monday. Ambassadors Haifa al-Jedea and Nesreen al-Shebel were appointed to their new positions in January in a move by the Kingdom that further boosted the presence of Saudi female diplomats in the international arena.

  • Yemen stampede: At least 78 killed in surge for Ramadan donations | Reuters

    At least 78 people were killed in a stampede in the Yemeni capital Sanaa as residents gathered at a school to receive cash donations distributed by merchants during Ramadan, witnesses and the Houthi administration said on Thursday. Hundreds of people crowded to receive the alms, which amounted to 5,000 Yemeni riyals, or about $9 per person, two witnesses involved in the rescue effort told Reuters. "When the door opened, there was a big rush by people wanting to reach the school yard first and some people began falling on the steps leading to the entrance," one medic said.

  • EU Parliament backs overhaul of Europe’s biggest climate policy

    The European Parliament on Tuesday approved sweeping reforms to make EU climate change policies more ambitious, including an upgrade of the bloc's carbon market that is set to hike the cost of polluting in Europe. Europe's carbon market forces power plants and factories to buy CO2 permits when they pollute. It has slashed those sectors' emissions by 43% since 2005, but is facing a revamp to hit more ambitious EU climate change targets.

  • With Russia’s Exit, Norway Becomes Europe’s Energy Champion

    As Russia throttled back natural gas exports last year, Norway dialed them up, and it is now Europe’s main supplier of the fuel. Norway is also feeding greater quantities of oil to its neighbors, replacing embargoed Russian oil. “The war and the whole energy situation has demonstrated that Norwegian energy is extremely important for Europe,” said Kristin Fejerskov Kragseth, the chief executive of Petoro, a state-owned company that manages Norway’s petroleum holdings. “We were always important,” she added, “but maybe we didn’t realize it.”

  • OPEC oil output falls on Angola, Iraq outages – Reuters survey

    OPEC oil output fell in March due to oilfield maintenance in Angola and a halt in some of Iraq's exports, a Reuters survey found on Friday, adding to the impact of strong adherence by top producers to a supply cut deal by the wider OPEC+ alliance. The Organization of the Petroleum Exporting Countries (OPEC) has pumped 28.90 million barrels per day (bpd) this month, the survey found, down 70,000 bpd from February. Output is down more than 700,000 bpd from September.

  • Saudi Oil Billions Lure Neumann, Klein, Novogratz to Miami Beach

    The governor of the Public Investment Fund spoke for just 10 minutes to more than 400 attendees in Miami Beach on Thursday, kicking off a two-day conference that serves to attract money to the kingdom as well those seeking to tap into its wealth. Minutes before he started, Adam Neumann walked in the room in his usual white T-shirt and blazer. Michael Klein, dealmaker for the Saudis and other world leaders, SPAC maestro and ultimately one of the biggest losers of the Credit Suisse Group AG debacle, sat in the first row, quickly exiting as soon as Al-Rumayyan wrapped his talk.

  • Entrepreneur behind Call of Duty video game looks to open Saudi Arabia, UAE offices

    The CEO of Los Angeles-based Mythical Games, John Linden, told Al Arabiya English that his company is in talks with government agencies in the Kingdom and the UAE. “I’d say within the next year, we’ll probably try and put a physical opening [in the region] and start growing some teams,” Linden said. “We’re seeing most of the growth right now, at least in entertainment media around Saudi Arabia and the UAE,” Linden explained, adding that he thinks anyone in the media and entertainment industry not “paying attention” to the region is going to be “left behind.”

  • Saudi Arabia makes major leap forward in women’s entrepreneurship

    According to Dr. Muhammad Azam Roomi, who spoke at the Fifth Gulf Businesswomen Forum in Jeddah, women across Saudi Arabia have become major contributors to the entrepreneurial ecosystem, placing the Kingdom fourth among the top countries in entrepreneurship.

  • Qahwa with Saudi women entrepreneurs from the WIn fellowship – Atlantic Council

    The future of healthcare increasingly relies on stem cell research, a technology that allows for using one’s own body cells to repair itself. The MENA region is ready to go forward with stem cell engineering and biotech research. In Saudi Arabia, we have talented scientists, physicians, and innovators willing to put the Kingdom on this platform to make it a formidable contributor to the regulatory body working with stem cell therapy and healthcare. In this field, opportunities that prioritize women’s role in promoting these technologies are essential.

  • Qahwa with Saudi women entrepreneurs from the WIn fellowship

    As a Saudi woman who grew up in all-girls Islamic schools, I was empowered from day one to strive to become the best I can. As we got older and more educated, we realized that there are some limits. However, society recently started to understand that women have so much to offer due to different aspects of their personalities, and people are appreciating this as part of their business culture.