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  • ‘Norah’ Review: A Striking Debut About Artistic Repression in ’90s Saudi Arabia

    The first Saudi Arabian film ever selected for Cannes, the tender rural drama “Norah” is writer-director Tawfik Alzaidi‘s first feature film. The story of a schoolteacher tasked with introducing literacy to an isolated village and his unlikely relationship with a precocious young girl, the movie suffers from a few early-career filmmaking tics, which prevent all its pieces from all neatly fitting together. However, it’s also underscored by the kind of optimism and poetry about art that one often finds in novice works from directors destined to make more polished and accomplished films (if perhaps more cynical ones).

  • Red Sea Shipping Crisis

    Each year, almost 6,000 container ships travel the world’s oceans and deliver about $7 trillion worth of goods to ports – producing climate-warming carbon dioxide (CO2) emissions along the way. There are about 100,000 ships at sea at a given time, including oil tankers and bulk carriers.

  • Israel denies strike on camp near Rafah that Gaza officials say killed 21 people

    Israel's military denied striking a tent camp west of Rafah on Tuesday after Gaza health authorities said Israeli tank shelling had killed at least 21 people there, in an area Israel has designated a civilian evacuation zone.

  • Saudi Arabia Taps Bond Market With $5 Billion Sukuk Deal

    The kingdom sold the bonds through notes maturing in three, six and 10 years, according to a person familiar with the matter, who asked not to be identified. The deal was priced at yields of 60 basis points more than comparable US Treasuries for the shortest tranche and at 85 basis points for the longest tranche, the person said. That’s down from initial discussions for around 85 to 110 basis points.

  • Saudi Exchange approves listing of $12.08bn in govt debt instruments

    Saudi Arabia’s stock exchange has approved the listing of SR45.28 billion ($12.08 billion) worth of government debt instruments submitted by the Ministry of Finance.

  • Opinion: Saudi Arabia Is Becoming One of Biden’s Most Important Swing States

    The transformation overseen by Crown Prince Mohammed, often referred to simply as MbS, has led to substantial shifts in the kingdom's domestic outlook, which has embraced a more globalized character and a transition away from oil dependence, among other initiatives in line with the youngest-ever heir to the throne's ambitious Vision 2030 plan. It's also prompted a recalibration of foreign relations and the pursuit of more robust ties with other leading powers, including top U.S. rivals China and Russia.

  • Franklin Templeton launches its debut campaign in Saudi Arabia

    Franklin Templeton has announced the debut of its inaugural brand campaign in Saudi Arabia. Following the investment firm’s operational launch in Riyadh in March, the six-week advertising campaign highlights its long history, core values, and breadth of investment capabilities in Saudi Arabia.

  • Elon Musk’s xAI raises $6bn from investors including Saudi Arabia’s Prince Alwaleed

    Elon Musk's artificial intelligence start-up xAI has raised $6 billion in a series B funding round that includes participation from Saudi billionaire Prince Alwaleed bin Talal and his investment company Kingdom Holding, as it seeks to challenge rival OpenAI.

    The round, which also saw investments from Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity Management & Research Company, will support the market launch of xAI's products, the company said on Monday.

  • Israel ‘cannot exist’ without Palestinian state: Saudi FM

    “I firmly believe that a two-state solution with the establishment of a credible Palestinian State serves … the interest of the Palestinians and delivers [on] their right to self-determination,” bin Farhan said on Sunday night, adding that Israel “doesn't get to decide whether or not the Palestinians have a right to self-determination.”

  • MbS, MbZ meet in Saudi Arabia amid rumors of widening rift

    Bader Al-Asaker, the head of the Saudi crown prince’s private office, on May 17 posted a photo on Twitter/X capturing a smiling Mohammed bin Salman Al Saud (MbS) together with Emirati President Sheikh Mohammed bin Zayed Al Nahyan (MbZ) at the Al-Aziziyah Palace.