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Forthcoming Sindalah Island Resort Will ‘Mark the First Opportunity for the Public to Experience NEOM’ – Report
Saudi Arabia’s forthcoming Sindalah Island project will be the first opportunity for tourists to visit NEOM, according to Antoni Vives, chief urban planning Officer at NEOM, in comments to Al Arabiya English.
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Growing SRMG Media Group Launches LIST, a New Saudi Travel Magazine
SRMG, the largest integrated media group in the MENA region which includes widely-read publications like Arab News, Asharq Alawsat and others, has added a travel magazine to its portfolio: LIST Magazine will focus on the travel and tourism offerings from Saudi Arabia, the region and the world, according to reports.
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Reuters Photo Shows Iran’s Embassy in Riyadh Opening its Gates for First Time in 7 years
Iran’s embassy in Saudi Arabia opened its gates on Wednesday for the first time in seven years, a Reuters photo confirmed, as the two sides continued apace with the restoration of ties between them.
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With Saudi Delegation to Yemen’s Capital, Stakeholders Hope for Lasting Truce
Saudi Arabia’s ambassador to Yemen said on Monday he had traveled to the country’s Houthi-held capital to strengthen a truce and push dialogue that could end the country’s eight-year-old war, according to reports.
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Honeywell to open state-of-the-art regional manufacturing center in Saudi Arabia’s King Salman Energy Park
Honeywell signed a deal to open an advanced regional manufacturing center at the King Salman Energy Park (SPARK) — Saudi Arabia’s new energy industrial zone, according to a press release.
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Understanding the Saudi-Iran agreement with a trio of special guests: Saudi Embassy Spokesperson Fahad Nazer, CSIS’ Dr. Jon Alterman, and Saudi Foreign Policy Expert Dr. Aziz Alghashian
Saudi Arabia and Iran recently agreed to normalize ties between the two regional powers after seven years. The 966 speaks with three top voices to understand the deal and the potential road ahead for Saudi Arabia, Iran, China, the United States, and other regional and global players.
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Iran’s Government Proposes Three Locations for Meeting of Foreign Ministers; Riyadh Reportedly Invites President to Visit
The Iranian government has proposed to Saudi Arabia three locations for a meeting of foreign ministers, according to Iran’s foreign minister, as the two countries move forward with re-establishing ties.
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Saudi Arabia Records 31 Percent Rise in Government Revenues in 2022 – MOF
Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Makes Surprise Visit to Ukraine, Signs Deals
Saudi Arabia’s foreign minister Prince Faisal bin Farhan Al-Saud made a surprise visit to Ukraine’s capital, Kiev, and met with Ukraine’s President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dmytro Kuleba, and others.
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Lydia Ko Wins 2023 Aramco Saudi Ladies International with One Shot Victory at Royal Greens
Lydia Ko fired a final round of 68 (-4) to win the 2023 Aramco Saudi Ladies International presented by Public Investment Fund by one stroke.
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Cruise Saudi to Develop Red Sea Private Island
Barbara Buczek, Cruise Saudi’s chief destination experiences officer, said: “The creation of this new cruise destination in the Red Sea marks an exciting step in the development of Saudi’s cruise industry. We look forward to welcoming cruise lines and their passengers to experience authentic Saudi hospitality, culture and activities in the heart of the Red Sea.”
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Iraq set to pay high price for bumper wheat harvest
A bumper harvest and a hefty grain surplus in Iraq, typically one of the Middle East's biggest wheat importers, has left the government with the prospect of a net loss of nearly half a billion dollars, according to Reuters calculations. The 1.5 million metric ton wheat surplus, helped by better than expected rains but above all by government subsidies, is excellent news for farmers. For the government, however, which pays them more than double the global market price to encourage cultivation of the food staple in often arid conditions, the price is high.
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Saudi National Day Evolves
Today, seven years on, Mohammed bin Salman’s reign has become more settled and predictable. The kingdom’s 94th National Day still catered to young people and families but presented more of an establishment feel, complete with military parades and fireworks. Official imagery and national songs extolled the extensive Saudi urban and industrial projects. If the earliest days of this most nationalist of eras promised festivities, now it’s time to get down to work.
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Saudi Civil Defense warns of heavy rains, flash floods
The General Directorate of Civil Defense urged the public to stay cautious and in safe areas during thunderstorms affecting parts of the Kingdom from Wednesday to Sunday. It advised avoiding valleys, flood-prone areas and swimming in valley streams, the Saudi Press Agency reported.
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Israel-Iran: Netanyahu and Biden talk for the first time since August; Israel warns Lebanon of destruction like Gaza’s
Israeli Prime Minister Benjamin Netanyahu spoke with President Joe Biden today ahead of an Israeli Cabinet vote on the response to Iran's missile attack and after Israeli Defense Minister Yoav Gallant's trip to the U.S. was called off, Israeli and U.S. officials told NBC News.
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Experts React: Energy Implications of Escalating Middle East Conflict
Even in an age of generative artificial intelligence, oil price estimates remain far from an exact science, and the impacts of supply disruptions can depend significantly on scope and duration. Back-of-the-envelope estimates by ClearView Energy Partners, LLC, gauged broad new sanctions (or strict enforcement of existing ones) at up to a roughly $7/bbl impact; attacks on Iran’s principal export facility at Kharg Island at up to around $13/bbl; and a three-to-seven-day retaliatory Iranian blockade of the Strait of Hormuz between $13/bbl and $28/bbl.
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More airlines fly over Afghanistan in last week as Middle East tensions rise
Airlines have diverted more flights over Afghanistan over the past week to avoid Iranian airspace, data shows, adding to journey times and fuel costs in the latest disruption for routes between Asia and Europe as tensions in the Middle East escalate. Flights over Afghanistan were already growing in recent months, but expectations of an Israeli response to an Iranian ballistic missile attack on Israel last week have furthered that trend, data from flight tracker FlightRadar24 shows.
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Oil falls as swelling US supply counters Middle East and hurricane risks
Oil prices fell on Wednesday after U.S. data showed rising crude inventories, but losses were limited by the risk of Iranian supply disruptions caused by the Middle East conflict and Hurricane Milton in the U.S. Brent crude futures settled at $76.58 a barrel, falling 60 cents, or 0.8%. U.S. West Texas Intermediate (WTI) futures settled down 33 cents or 0.5%, at $73.24 a barrel. Crude inventories jumped by 5.8 million barrels to 422.7 million barrels last week, the Energy Information Administration said, compared with analysts' expectations in a Reuters poll for a 2 million-barrel rise.
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USAF F-15s Arriving in Middle East as Israel Weighs Response to Iran Attack
More of the U.S. Air Force fighters directed to deploy to the Middle East late last month arrived as Israel contemplates its response to Tehran’s ballistic missile attack on Israel on Oct. 1. A squadron of F-15E Strike Eagles began arriving in the region Oct. 9, U.S. Central Command announced. The fresh Strike Eagles deploying to the Middle East are from Mountain Home Air Force Base, Idaho, Air & Space Forces Magazine first reported. CENTCOM later announced the move. The first batch of aircraft made their way across the Atlantic and stopped at RAF Lakenheath, U.K., where they were spotted on Oct. 7 by local observers.
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Perspective: How Netanyahu shattered Biden’s Middle East hopes
Recent reporting indicates growing “distrust” between U.S. officials and their Israeli counterparts; the Biden administration was reportedly furious when Israel gave them little notice of its strikes that killed Hezbollah leader Hasan Nasrallah. Defense Secretary Lloyd Austin, as my colleagues reported, privately characterized Netanyahu’s government as “playing with house money” — operating on the presumption that, whatever it does, it could count on the United States to support its war aims and defend Israel against any Iranian retaliation.
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