MUST-READS

• 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.

• Saudi Crown Prince Mohammed bin Salman meets Pakistan’s Prime Minister Shehbaz Sharif

  Saudi Arabia’s Crown Prince Mohammed bin Salman met with Pakistani Prime Minister Shehbaz Sharif, the Saudi Press Agency reported on Monday. During their meeting in the holy city of Mecca, the two leaders discussed various issues, including the war in Gaza. MBS and Sharif “urged for international efforts to halt Israeli military operations in Gaza, mitigate humanitarian impact and underscored the imperative for the international community to pressure Israel to cease hostilities, adhere to international law, and facilitate unhindered humanitarian aid access to Gaza,” SPA reported.

• Riyadh Air’s first intake of female Saudi engineers commence diploma course

  The female engineers will study under the supervision and guidance of Aviation Australia and the International Aviation Technical College at Riyadh Airport, this follows an MOU signed between Riyadh Air and the Colleges of Excellence in August 2023 and is the first collaboration of many between the organisations.

• Saudi Arabia’s private equity investments reach $4B in 2023

  Saudi Arabia witnessed an increasing interest in private equity investments from 2019 to 2023, MAGNITT said in a recent report. The Kingdom's private equity investments reached a peak of nearly $4 billion in 2023, recording growth for three consecutive years since 2020.

• Move Over Dubai, Saudi Arabia Is Taking Center World Stage

  Behind the headlines, an extraordinary real estate-led development boom has been going on within the country, driven by what the Saudis call ‘giga-projects.’ And for once the scale of these initiatives lives up to the self-dubbed hype because they are enormous in scope, ambition, and size and are threatening to shift the tourism and retail axis away from Dubai and Abu Dhabi. Simply stated, Saudi Arabia is taking center world stage.

• Saudi Arabia’s Zaabal Castle area nears completion in major urban revitalization effort

  Jouf municipality has announced that a project to develop the area surrounding Zaabal Castle is 95 percent complete, the Saudi Press Agency reported on Sunday. The development is part of an initiative to combat urban blight in Saudi cities, according to the SPA report. The mayor of Jouf region, Atef bin Mohammed Al-Shara’an, said the project will not only contribute to the growth of its tourism sector, but also the preservation of archaeological landmarks while integrating the urban and heritage identity of the region.

• Aramco inks MoU with GCT for 5G across Saudi Arabia

  Aramco signed a Memorandum of Understanding (MoU) with chip company GCT Semiconductor to help create a 4G and 5G ecosystem across Saudi Arabia to provision mission-critical and public safety networks. State-owned Aramco and GCT Semiconductor explained they plan “to design and co-develop chipsets and modules tailored for LTE, 5G and the NTN spectrum in order to support the localisation of wireless end-user devices and IoT manufacturing”.

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