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  • Photos: Off-road racers compete in the grueling Dakar Rally

    Scenes from the Dakar Rally in Saudi Arabia, one of the most famous off-road races in the world.

  • Blinken on diplomacy push in Israel as it says war to continue all year

    U.S. Secretary of State Antony Blinken was due to meet Israeli leaders on Tuesday in his quest to prevent the Gaza conflict from growing into a regional conflagration, as the Israeli military said its fight against Hamas would continue all year. Blinken arrived in Tel Aviv late on Monday to brief Israeli officials on his two days of talks with Arab leaders on ending the war, which was triggered by Hamas militants' attack on Oct. 7 that by Israeli tallies killed about 1,200 people.

  • Oil falls over 3% as Saudi price cuts add to demand doubts

    Oil prices fell over 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output that offset supply concerns generated by escalating geopolitical tension in the Middle East. Brent crude settled down $2.64, or 3.4%, at $76.12 a barrel, while U.S. West Texas Intermediate crude futures lost $3.04, or 4.1%, at $70.77 a barrel.

  • Saudi Arabia’s MBS meets with chair, members of US Senate Intelligence Committee

    Saudi Crown Prince Mohammed bin Salman discussed the Kingdom’s relations with the United States on Saturday during a meeting with members of the US Senate Select Committee on Intelligence, the Saudi Press Agency reported. MBS welcomed the delegation, which was headed by committee chairman Senator Mark Warner, at the Winter Camp in AlUla, SPA added.

  • Blinken Visiting UAE, Saudi Arabia Amid Push to Curb Spread of Israeli-Hamas War

    U.S. Secretary of State Antony Blinken meets with officials in the United Arab Emirates and Saudi Arabia Monday, then heads to Israel, as he pushes for more humanitarian aid to Gaza, the protection of civilians and to ensure the conflict does not spread to other parts of the region. In talks with UAE leader Sheikh Mohammed bin Zayed, the State Department said Blinken “emphasized the importance of preventing further spread of the conflict and stressed continued U.S. commitment to securing lasting regional peace that ensures Israel’s security and advances the establishment of an independent Palestinian state.”

  • India, Saudi Arabia sign Bilateral Haj Agreement 2024

    Saudi Arabia’s Minister of Hajj and Umrah Dr. Tawfiq bin Fawzan signed the Bilateral Haj Agreement 2024 with Minister of Minority Affairs Smriti Irani and Minister of State for External Affairs V Muraleedharan in Jeddah. Joint Secretary Nirupama Kotru, who accompanied Smriti Irani, was instrumental in enabling the agreement’s signature and reaffirming the two countries’ commitment to a robust bilateral relationship.

  • Transformation in Saudi Arabia’s Healthcare Sector

    Saudi Arabia has a well-established healthcare system, consisting of primary, secondary, and tertiary facilities. Multi-specialty hospitals provide the full range of specialised healthcare services, including transplant services and cancer treatment. The government has previously been the main provider of healthcare services, however private investment and provision is now increasing rapidly. While the public sector provides healthcare for Saudi Nationals, private healthcare insurance is now compulsory for expatriates and Saudi nationals working within the private sector. The Ministry of Health (MOH) regulates healthcare throughout the Kingdom.

  • Amazon, Microsoft Boosting Saudi Offices Amid State Pressure

    Most global firms have traditionally managed their Middle East operations from offices in Dubai, the region’s commercial and financial hub, and kept smaller offices in Saudi cities including Riyadh or Dammam, close to the headquarters of oil company Saudi Aramco. It’s unclear what the Riyadh headquarters would mean for operations elsewhere in the region.

  • Blinken to meet Saudi crown prince before heading to Israel

    Blinken "emphasised the importance of preventing further spread of the conflict", during talks in Abu Dhabi on Monday with United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi, a US summary of the meeting said. "This is a conflict that could easily metastasise, causing even more insecurity and even more suffering," Blinken said on Sunday in Qatar, the previous leg of his tour. The war in Gaza started with Hamas's unprecedented October 7 attack on Israel, which resulted in about 1,140 deaths, most of them civilians, according to an AFP tally based on official Israeli figures. Read more: https://www.al-monitor.com/originals/2024/01/blinken-meet-saudi-crown-prince-heading-israel#ixzz8OEllJb9B

  • Saudi Arabia’s FDI surges by 29 percent in Q3 of 2023

    Recently, Saudi Arabia’s Ministry of Investment adopted a new methodology, endorsed by the IMF and praised by UNCTAD, to enhance the accuracy of FDI reporting. Analyzing individual financial statements of over 10,000 foreign companies from 2015 to 2022, the new methodology provides a more precise picture of FDI trends. Under the revamped methodology, the FDI stock balance in Saudi Arabia has shown consistent growth from SAR413 billion in 2015 to SAR775 billion in 2022. FDI inflow, in particular, has seen a significant increase, reaching SAR122 billion in 2022 compared to SAR64 billion in 2015. This positions Saudi Arabia as the 16th largest recipient of FDI among the G20 economies.