MUST-READS

• Saudi Arabia seeks bids for key SWRO desalination plant

  Saudi Water Partnership Company (SWPC) has invited expressions of interest (EoIs) for the development of a independent desalination plant in Ras Mohaisen area of the kingdom.

  • Trade Arabia - Saudi Arabia, US officials in 'desalination project talks'
• Coronavirus: How the Gulf economy has allowed women to keep their jobs

  In the Gulf, the public sector’s dominance in hiring citizens and the openness of the labor market to migrant workers combine to create circumstances that are favorable to female employment among nationals.

• Iraqi government approves economic reforms to extricate country from crisis

  The three-year plan addresses the economic and fiscal crisis mainly through cutting public spending, stopping waste, fighting corruption and moving away from oil revenues, according to an executive summary seen by The National.

• Saudi geologists aim to unlock Kingdom’s $1.3 trillion mineral wealth

  Saudi geologists are collaborating with international colleagues to undertake a vast survey of the Kingdom’s mineral reserves, estimated to be worth $1.3 trillion. The Regional Geological Survey Program (RGP) aims to conduct a series of surveys over the next six years that are set to provide new opportunities for international mining investors. The plan has a budget of SR2 billion and is being driven by the Saudi Geological Survey which will survey an area of about 600,000 square kilometers across the geological formation known as the Arabian Shield.

• G-20 Extends Debt Relief Plan Amid Warnings It’s Not Enough

  The world’s richest nations agreed to renew a debt-relief initiative for the poorest through at least the first half of 2021, falling short of a World Bank call for a full-year extension as the coronavirus pandemic entrenches poverty. The G-20, in a communique issued by president Saudi Arabia, said it could order another six-month extension next year. It also pledged to hold an extraordinary meeting before leaders gather in November to further discuss debt relief.

• Saudi School Operator Al-Motaqadimah Hires Advisers for IPO

  Saudi Arabia’s Al-Motaqadimah Schools Co. hired GIB Capital and Adeem Capital as financial advisers to prepare for an initial public offering, joining a flurry of IPOs in the kingdom. The IPO will allow the education provider to expand its operations, according to a statement. Al-Motaqadimah operates 21 schools across the kingdom.

• ‘New era’ begins in US-Saudi relationship, Pompeo tells Saudi Arabian FM

  For his part, Prince Faisal condemned Iran’s “continuing destabilizing behaviour,” citing its financial and material support to terrorist groups, including the Houthis in Yemen. He cited the more than 300 Iranian-made ballistic missiles and drones fired by the Houthis towards the Kingdom. “Their development of their nuclear program, ballistic missiles, and their malign activities represent a grave danger to the region and the world,” Prince Faisal said.

  • Al-Arabiya - US-Saudi relations go beyond just one president: State Department spokeswoman
• Earth breaks September heat record, may reach warmest year

  Earth sweltered to a record hot September last month, with U.S. climate officials saying there’s nearly a two-to-one chance that 2020 will end up as the globe’s hottest year on record.

• Russia and Syrian air strikes on rebel-held Idlib amount to war crimes – HRW

  “They hit hospitals, schools, markets, residential areas. Not just inadvertently, not while they were trying to target the so-called terrorist, but deliberately,” Kenneth Roth, the organisation’s global head, told Reuters TV.

• Iran says hackers attacked two of its key institutions

  Hackers launched large-scale attacks on two Iranian government institutions this week, a senior official said on Thursday, without giving details on the targets or the suspected perpetrators. Some government bodies had since temporarily shut down internet services as a precaution, Abolghasem Sadeghi, from the government’s Information Technology Organization, told state TV.

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