The “General’s Plan” is being pushed by some members of Prime Minister Benjamin Netanyahu’s far-right government, despite pushback from the Israeli military, human rights groups and the White House. On Sunday, citing international and U.S. law, top Biden administration officials gave Israel a month to reverse course or risk losing American military assistance.
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Saudi Arabia’s Rua Al-Madinah Giga-Project Signs Major Deal with Accor for 1,000 More Keys
Saudi Arabia’s in-development Rua Al-Madinah giga-project signed an agreement with France-based Accor group for three hotels, adding 1,056 keys to the area spread across three brands.
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Saudi tops S&P Global Survey of Middle East and Africa’s 30 largest banks
S&P Global’s latest ranking of the top 30 Middle Eastern and African banks by total assets finds Saudi institutions leading in both total numbers and total assets.
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Unemployment in Saudi Arabia Reaches Record Low with Women Driving the Change — Jadwa Investment
The unemployment rate in Saudi Arabia dropped to 8 percent at the end of 2022, down from 11 percent in 2021, with women driving that positive change, according to a recently-released report from Jadwa Investment, citing the General Authority for Statistics’ (GaStat) latest labor market release.
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Saudi Arabia Condemns Israeli Attack on Mosque, Following Developments with ‘Great Concern’ – Reports
Saudi Arabia on Wednesday condemned Israeli police’s “blatant” attacks on worshipers inside the al-Aqsa Mosque in Jerusalem during the Islamic holy month of Ramadan, after viral video showed Israeli forces beating worshippers inside the mosque.
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Saudi Arabia to Develop Key Water Projects Worth $80 Billion to Enhance Access as Growth Booms
Saudi Arabia will invest $80 billion into key water projects in the coming years to support its economic growth and provide safe and equitable access to water for all citizens and residents, according to a report.
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Saudi Astronauts Meet with HRH Ambassador Reema bint Bandar; Set to Conduct Cloud-Seeding Experiments in Space
Two Saudi astronauts who are heading to the International Space Station met this week with HRH Princess Reema bint Bandar Al-Saud, Saudi Arabia’s Ambassador to the United States, who shared a photo of the meeting on social media.
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White House and Embassy of Saudi Arabia release statements lauding ‘landmark’ purchase of Boeing aircraft
White House Press Secretary Karine Jean noted that the agreements will anchor Saudi Arabia’s new international airline together with support for a new international airport. The partnership is another milestone in eight decades of cooperation between Saudi Arabia.
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Riyadh-based Consultancy Mukatafa, Saudi Ministry of Economy and Planning Sign MOU to Collaborate on Private Sector Development
Riyadh-based private consultancy firm Mukatafa has signed a MOU with Saudi Arabia’s Ministry of Economy and Planning to improve the Kingdom’s development plans and enable sustainable growth, according to Arab News.
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Saudi NEOM Green Hydrogen Co. Signs $8.5bn Finance Deals
Saudi-based NEOM Green Hydrogen Co. has signed finance agreements with several financial institutions totaling $8.5 billion, Arab News reports, to finance its clean energy facility.
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National Pride on Display Across the Kingdom as Saudi Arabia Celebrates Founding Day February 22nd
Saudi Arabia celebrated its newest national holiday, Founding Day, for the second time on February 22nd which honors the establishment of the Saudi state and is marked by traditional demonstrations across the Kingdom.
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U.S. Central Command Conducts Multiple Strikes on Underground Iran-Backed Houthi Weapons Facilities
U.S. Central Command (CENTCOM) forces conducted multiple, precision airstrikes on numerous Iran-backed Houthi weapons storage facilities within Houthi-controlled areas of Yemen that contained various advanced conventional weapons used to target U.S. and international military and civilian vessels navigating international waters throughout the Red Sea and Gulf of Aden. These actions were taken to degrade the Houthi's capability to continue their reckless and unlawful attacks on international commercial shipping and on U.S., coalition, and merchant personnel and vessels in the Red Sea, Bab Al-Mandeb Strait, and the Gulf of Aden, and to degrade their ability to threaten regional partners.
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Tech-savvy Qatif grandmother keeps Saudi traditions alive for the social media generation
Dressing in traditional clothing and glistening gold jewelry is the daily norm for Fatma Abdullah Al-Malak, a 72-year-old, tech-savvy Saudi grandmother from Qatif who is working hard to keep the spirit of local culture alive through her social media activity. She creates educational content about local heritage and traditions, including clothing and cooking, and shares it on Instagram. In one video, for example, she explains the traditional significance of the Alrdah, a cloak or robe that hangs loosely across the shoulders and is worn by women when they leave the house.
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Israeli siege plan for Gaza under scrutiny as U.S. demands urgent change
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As Saudi Arabia looks to diversify economy, Hollywood takes notice
While Hollywood is interested in how the Saudis can fund projects, the Saudis see it the opposite way, according to some dealmakers. The country’s intent, they say, is to create a studio and production infrastructure at home and use Hollywood talent to bolster it. The focal point of that has been Neom, the futuristic city being built on the coast of the Red Sea. Neom already has six sound stages — with another four in the works — and the area boasts a cash rebate of up to 40% for qualifying projects.
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Egypt-Saudi Arabia Electricity Interconnection to be Complete in 2025
The first phase of the Egypt-Saudi Arabia electricity interconnection project will be operational by June 2025, according to Egypt’s Prime Minister Mostafa Madbouly. Comprising 1,200 km of overhead transmission lines, the project aims to facilitate the exchange of up to 3 GW of electricity upon completion. The transmission line will connect Saudi Arabia’s 380 kV Madinah East and 380 kV Tabuk converter stations with Egypt’s 500 kV Badr station. “The project will have a capacity of 1.5 GW and facilitate energy exchange between both countries,” Madbouly stated. “It will be a major milestone, with a total capacity of 3 GW which will surpass the total regional energy capacity of Gulf Cooperation Council countries.”
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16 ministry officials among 21 arrested as major drug trafficking network busted in Riyadh
The arrested persons were accused of crimes such as smuggling drugs from outside the Kingdom; replacing seized narcotics with similar ones before they were destroyed by the competent authority; transporting, promoting and trading drugs; destroying the evidences of transactions carried out by the defendants in drug cases, and leaking information about their convictions.
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Inter Milan becomes first club to get Saudi investment license
Italy’s Inter Milan has become the first international football club to receive a licence in Saudi Arabia. The ministry of investment licence will support the club in extending its brand presence in the Middle East and growing its fanbase. Inter Milan, or Nerazzurri, will bring its expertise and experience as a top-level football club to the country. “Through promoting talent and sports culture, the Nerazzurri club aims to contribute positively to the country’s future ambitions,” the club said in a statement.
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Saudi Arabia’s first arrivals duty-free stores open at King Khalid International Airport
Hailing the inauguration of arrivals duty-free at King Khalid Airport on LinkedIn, Riyadh Airports Chief Commercial Officer Abdulaziz Al-Askaer said: “The duty-free shops have been launched in the arrivals area in a first of its kind in the Kingdom’s outlets and it represents a major achievement that reflects our continuous commitment to improving the experience of our dear passengers. “Visitors to the Kingdom will be able to shop in the store and get a wide variety of products and gifts at competitive prices of high quality.”
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Officials and envoys welcome Saudi Arabia’s new Global Harmony Initiative
Saudi authorities publicly unveiled their new Global Harmony Initiative on Wednesday night during an official launch event in Riyadh. The aim of the initiative, announced earlier this week, is to celebrate and showcase the diverse range of nationalities and cultures among residents of the Kingdom by exploring their professional and family lives, social and recreational activities, contributions to the economy, success stories and cultural integration into Saudi society, organizers said.
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Al Hilal chief hits back at Koeman criticism of Saudi Pro League
Netherlands coach Ronald Koeman underestimates the quality of the Saudi Pro League, Al Hilal CEO Esteve Calzada said on Thursday after the Dutchman refused to select winger Steven Bergwijn because of the player's move to Saudi Arabia. Bergwijn, 27, joined Al Ittihad from Ajax Amsterdam last month and was publicly called out by Koeman who said international selection was now closed to the player. Former Manchester City executive Calzada said the Dutch coach undervalued the Saudi top-flight, which in the last two years, helped by the country's Public Investment Fund, has spent a huge sum of money attracting top talent from across Europe.
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