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  • Where NATO Has An Enhanced Forward Presence

    On Monday, Germany sent an advance team of 20 soldiers to Lithuania, laying the groundwork for the recently discussed establishment of a permanent brigade in the NATO country. According to Deutsche Welle reporting, the 5,000-strong strikeforce called Panzerbrigade 45 is said to become fully operational by 2027. The brigade will support the already existing so-called NATO Enhanced Forward Presence in the Baltic country, which, in contrast to Panzerbrigade 45, rotates its personnel regularly and was made up of soldiers from Germany, Belgium, Czechia, Luxembourg, the Netherlands, Norway and the United States as of December 2023. As our chart shows, Lithuania is one of eight nations with such a force that's, according to NATO itself, "defensive, proportionate, transparent and in line with the Alliance’s international commitments and obligations".

  • Emerging Markets Are Exercising Greater Global Sway

    The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over the past two decades, these economies have become much more integrated with global markets and are generating larger economic “spillovers” to the rest of the world.

  • Saudi industrial sector sees 63% surge in new investments

    Saudi Arabia’s industrial sector experienced a 63 percent increase in new investments in 2023, amounting to a SR15 billion ($3.99 billion) rise compared to the previous year. According to the annual report from the Saudi Authority for Industrial Cities and Technology Zones, the cumulative funding last year reached SR415 billion, distributed across 891 projects encompassing both local and foreign ventures.

  • Saudi Arabia echoes India’s stand on Kashmir in joint statement with Pak

    A joint statement issued by Saudi Arabia and Pakistan stressed the importance of dialogue between Pakistan and India to resolve the outstanding issues between the two countries, especially the Jammu and Kashmir dispute.

  • Saudi Arabia lowers predicted number of residents at The Line by 2030

    The scaling-back of the project is because Saudi Arabia's sovereign wealth fund hasn't yet approved Neom's 2024 budget, the source said. Bloomberg has previously reported that the wealth fund is trying to find new cash sources to help finance the project. The Line, which was originally announced in 2021, would link the Red Sea coast with the northwest of Saudi Arabia and is the most well-known of the Neom projects, which will cover 26,500 square kilometres in northwestern Saudi Arabia in total.

  • Saudi Arabia’s economic diversification: Driving growth beyond oil

    “The PMI for Saudi Arabia showcased a notable upswing as the non-oil economy exhibited expansion in the most recent period,” Naif Al-Ghaith, chief economist at Riyad Bank, said in a statement. “Business activity experienced a substantial uptick, marking the most significant growth in six months. The positive momentum also prompted accelerated purchasing activities and additional hiring, underscoring a buoyant market outlook.”

  • Saudi Arabia says no new moon sighted, declares Wednesday as Eid-el-Fitr

    Authorities in the Kingdom of Saudi Arabia on Monday said no moon crescent marking the beginning of Shawwal and the end of Ramadan has been sighted. With this development, the Ramadan fasting will be 30 days while the Eid-el-Fitr will be celebrated on Wednesday in the Kingdom. “The crescent moon was NOT sighted in Saudi Arabia. Therefore, Eid Al Fitr will be celebrated on Wednesday, 10th April 2024,” Haramain, a Saudi-based online resource outfit, wrote on X.

  • Etihad Expands To 76 Destinations With Airbus A320s To Saudi Arabia’s Al Qassim

    https://simpleflying.com/etihad-76-destinations-airbus-a320s-saudi-arabia-al-qassim/

  • Saudi Arabia, Pakistan accelerate implementation of $5 billion investment package

    This was announced in a joint statement following a meeting between Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman and Pakistani Prime Minister Muhammad Shehbaz Sharif at Al-Safa Palace in Makkah on Sunday. This move is a significant step toward bolstering economic ties and is indicative of the strong relationship between the two countries.

  • The $22B Railway Opening Saudi Arabia’s Doors to the World: Video

    Saudi Arabia is racing to finish the $22B Riyadh Metro in time to modernize its capital city and open its doors to the world. With the country set to host the World Expo 2030 and as a frontrunner to host the 2034 FIFA World Cup, this is a golden opportunity for Saudi Arabia to transform its economy and improve its human rights reputation on a global stage.