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  • Top esports teams from the Gulf region prepare for an epic showdown in Riyadh

    Esports fans eagerly await the GCC League 2024 finals in Riyadh. Hosted by the Saudi Esports Federation (SEF), this premier Middle Eastern tournament features top talent from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. The competition began with 12 teams competing in Rocket League, a popular vehicular football game, and will culminate on June 27-28. Contestants will vie for a $150,000 prize pool, competing in both Rocket League and TEKKEN 8.

  • In the Middle East, China presents itself as a constructive actor

    An expert affiliated with the China University of Political Science and Law told us that experts in Chinese political circles strongly believed in the need to strengthen the Palestinian front. Peace talks could not proceed without greater Palestinian unity, he argued. The April meeting could be a stepping stone towards a meeting between Israel and Palestine that Beijing might hold this year, that expert said.

  • Social Media Is the Main Gateway to Online News

    Within the large proportion of online news consumers, there has been a shift in online news consumption, however, as social media platforms play an increasingly important role, not only as a news source but also as a general gateway to online news. While direct access to news websites or apps used to be the most common entry point for online news consumption in 2018, it is now only the third most important gateway to online news, behind search and social media.

  • “Norah”: A Groundbreaking Saudi Film Makes Its Mark at the Cannes Film Festival

    The 77th Cannes Film Festival marked a significant milestone for Saudi cinema with the inclusion of ‘Norah’ in the Un Certain Regard section. This recognition is noteworthy as "Norah" is the first Saudi film, entirely shot in AlUla and featuring an all-Saudi cast, to be officially selected at Cannes.

  • Reports of the petrodollar system’s demise are ‘fake news’ – here’s why

    "The evidence for any kind of conspiracy is thin to nonexistent," Brew told MarketWatch in an interview on Friday. "There is a very clear record of both the Americans and the Saudis being concerned in the aftermath of the global oil shock of what Saudi surpluses would do to the global economy."

    "It was a very common-sense solution to a mutual problem," he added.

  • Opinion: For Hamas, Everything Is Going According to Plan

    Israeli Prime Minister Benjamin Netanyahu seems to have concluded that the best way to stay out of prison on corruption charges is to stay in office, and the best way to do that is to keep the war going. Hamas, meanwhile, believes that it is winning. On October 13, I wrote in these pages that Hamas had set a trap for Israel. The trap has sprung; Israel is fully enmeshed in it, with no evident way out, and Hamas is getting exactly what it hoped for.

  • Saudi FM Holds Talks with High-level Officials on Sidelines of Ukraine Peace Summit

    Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Saturday with a number of world leaders and officials on the sidelines of the peace summit on Ukraine in Lucerne, Switzerland, including President of the European Council Charles Michel.

  • Chile says Saudi mining minister to visit, lithium expected on agenda

    Chile's government said on Saturday that Saudi Arabia's mining minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago.
    Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef told Reuters in March the kingdom was interested in sourcing lithium abroad, as it aims to enter the electric vehicle sector.
    "He will indeed be in Chile (in July) and has asked for a meeting with the minister. But the date is not yet set," the ministry said in an email to Reuters.

  • Why is Saudi Arabia cutting funding, reducing costs on ambitious projects?

    Over the last few months, employees working for state-backed Saudi companies have been startled by unforeseen cost cuts. It started during the first quarter of 2024 and affected those working in diverse sectors across the kingdom, from the media to the country's ambitious giga projects. Department spendings were significantly reduced, employees were made redundant and managements did everything big and small to save money, causing an atmosphere of tension and uncertainty.  

  • Saudi Arabia inflation remains at 1.6% in May

     Saudi Arabia's annual inflation rate remained at 1.6% for the third month running in May, government data showed on Sunday, with higher housing rents still the main driver.
    Housing rents rose 10.5% from a year earlier underpinned by a 14.3% rise in apartment rents, according to the General Authority for Statistics.
    Overall, prices in the subcategory of housing, water, electricity, gas and other fuels rose 8.7% from the previous year.