MUST-READS

• Who are the favorites as F1 heads to Saudi Arabia for the second race of the season?

  Unsurprisingly given he is on a run of eight straight victories, Verstappen is the favourite going into this weekend. But he didn’t win in Saudi Arabia last year, that race one of just three that eluded him in his record-breaking 2023 campaign. Instead Sergio Perez emerged victorious, bringing his very best to this street track – as he so often does when the walls close in.

• Saudi Aramco, UAE’s ADNOC in talks to invest in US LNG projects, sources say

  Gulf oil giants Saudi Aramco (2222.SE), opens new tab and Abu Dhabi National Oil Company (ADNOC) (ADNOC.UL) are in talks to invest in U.S. liquefied natural gas projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market, sources aware of the matter said. The two energy giants are trying to exploit their fossil fuel resources while they can and with demand for the chilled fuel expected to grow by 50% by 2030, they are tapping opportunities in the United States which has become the world's biggest exporter of LNG as it sends record volumes to Europe.

• Saudi Arabia Raises Oil Prices for Asia

  Saudi Arabia raised the official selling prices of its crude for Asian buyers following the extension of the OPEC+ production cut agreement until the end of the first half of the year. The price for the country’s flagship Arab Light grade was raised by $0.20 per barrel over the Oman/Dubai average, Reuters reported, meaning April deliveries will cost $1.70 per barrel more than the Oman/Dubai average, up from $1.50 per barrel this month. At the same time, Aramco lowered its prices for European buyers, by between $0.60 and $0.70 per barrel. Prices for sales to the United States were virtually unchanged.

• Microsoft launches Center of Excellence to boost Saudi workforce’s digital skills

  The Saudi workforce is set to receive a digital skills boost after Microsoft announced a new Center of Excellence, empowering professionals in the Kingdom. In collaboration with the Ministry of Communication and Information Technology, the disclosure was made on the sidelines of the tech conference LEAP, being held in Riyadh In an interview with Arab News, Turki Badhris, president of Microsoft Arabia, expanded on the thinking behind the center as he highlighted the company’s accomplishment of empowering over 100,000 Saudi professionals.

• Saudi Arabia launches electronic platform to monitor gender balance

  The Saudi Institute of Public Administration (IPA) launched the experimental version of the electronic platform for the National Observatory for Gender Balance Indicators in Riyadh on Wednesday. The platform will review local and international indicators within the framework of gender balance to support decision makers, in line with the fifth goal of the Sustainable Development Goals on gender equality in the work environment.

• Alicia Keys To Perform in Saudi Arabia In Honor of International Women’s Day

  It's clear that Alicia Keys loves her Saudi Arabian fans. In honor of International Women’s Day (Friday, March 8), Alicia Keys will host the third edition of her initiative called "Women to Women".  The private event taking place in Saudi Arabia, is in conjunction with the country's Formula 1 Grand Prix and is backed by Swizz Beatz's Good Intentions creative agency and international music platform 'MDLBEAST'. 

• Four Seasons Continues Its Signing Spree in Saudi Arabia

  Partly-owned by one of the richest Saudi royals in the world, Four Seasons is on its way to becoming one of the most dominant luxury hotel chains in the country. Except in the U.S., you’d typically, find one Four Seasons property per country In Saudi Arabia, there are seven on the way, and one is already open in Riyadh – where Christiano Ronaldo lives. The latest signing is in Amaala, an upcoming development along the Red Sea coastline specifically targeting wellness travelers and those seeking medical tourism.

• Saudi photographer’s winning shot and the stories behind it

  Raed Abdullah Al-Maliki, a Taif native, developed a love for photography from a young age, particularly in documenting family events, eventually earning him a reputation as the family photographer. Al-Maliki holds a bachelor’s degree in physical education from Umm Al-Qura University and currently serves as an employee at the Ministry of Education.

• Two UK men found not guilty over bribes for Saudi military deals

  The former managing director of an Airbus subsidiary was acquitted in a London court on Wednesday of bribing senior Saudi Arabian officials, after a trial in which the British government was accused of involvement in the alleged corruption. Jeffrey Cook, who ran GPT Special Project Management, had been charged with overseeing corrupt payments to middlemen to obtain lucrative deals with the Saudi Arabian National Guard.

• Saudi Aramco, UAE’s ADNOC in talks to invest in US LNG projects, sources say

  The two energy giants are trying to exploit their fossil fuel resources while they can and with demand for the chilled fuel expected to grow by 50% by 2030, they are tapping opportunities in the United States which has become the world's biggest exporter of LNG as it sends record volumes to Europe. Saudi Aramco is in talks to invest in phase 2 of Sempra Infrastructure's Port Arthur LNG project in Texas, which represents a proposed expansion to the already producing first phase, the sources said, declining to be identified due to the sensitivity of the matter.

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