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  • Saudi Arabia’s Renewable Energy Initiatives and Their Geopolitical Implications

    One approach Saudi Arabia has adopted is investing heavily in renewable energy, particularly through partnerships with China. This has had the effect of accelerating the country’s progress in renewable energy, with far-reaching implications for global geopolitics and energy markets. Specifically, Saudi Arabia is increasingly becoming aligned with China while China is gaining greater access to Middle Eastern markets and greater regional influence.

  • Franklin Templeton launches two Saudi Arabia funds

    Saudia Arabia also has the largest and fastest-growing bond market among Golf Cooperation Countries, hence its launch of the the Franklin Saudi Arabia Bond fund, which will invest in debt securities and obligations issued by government and corporate entities in the region. Its second product, the Franklin FTSE Saudi Arabia UCITS ETF, will track the FTSE Saudi Arabia 30/18 Capped index, which consists of 64 large and mid-cap Saudi Arabian equities. Dina Ting and Lorenzo Crosato will managed the fund.

  • Following Israeli counterstrike on Iran, region appears to pull back from the brink

    After last weekend’s limited Israeli strike on Iran, and Tehran’s apparent willingness to absorb the blow without serious retaliation, the Middle East region looks to be pulling back from the brink of a major regional war. Credit must be given to the US administration, which worked hard to convince the Israeli government to not hit nuclear and energy targets as well as avoid a strike so large that it would necessitate an Iranian retaliation. The Israeli decision to choose a path that would avert further escalation with Iran has raised hopes that, after more than a year of war, perhaps Prime Minister Benjamin Netanyahu is winding down this round of warfare.

  • Trump’s Commercial Influence in the Gulf

    Eric Trump, the executive vice president of the Trump Organization, stated that his father “loves” the United Arab Emirates and hopes to visit on an official trip if reelected in the upcoming U.S. presidential election. The UAE president, Mohammed bin Zayed al-Nahyan, recently visited the Republican presidential candidate, former President Donald J. Trump, as part of his official visit to the United States in late September. Whether or not Trump wins the presidency for a second time in November, his brand – and varying degrees of commercial influence – will remain a visible feature of the Gulf region.

  • Syrian national airline resumes flights to Saudi city of Jeddah after eight-year pause

    The Syrian regime’s transport ministry announced on Sunday that national carrier Syrian Air’s flights from Damascus to the Saudi city of Jeddah would resume, 18 months after Saudi Arabia and the regime normalised ties. Flights will restart again on 7 November, according to the regime’s SANA news agency, and will operate twice weekly. These will be the first commercial flights from Damascus to Jeddah for over eight years. Flights are already operating between Damascus and the Saudi capital Riyadh.

  • Saudi and Iranian top diplomats discuss need to avoid destabilizing region

    Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan discussed in a phone call with Iranian counterpart Abbas Araghchi the importance of avoiding anything that might destabilize the region’s security, following Israel’s Saturday strikes on Iran, the Saudi foreign ministry said on Monday.

  • Heritage commission expands urban heritage register with 500 new sites

    The newly registered sites are distributed across several regions, with Riyadh leading with 413 sites, followed by Makkah with 39, Al-Baha with 25, and smaller numbers in Hail (6), Jazan (5), Aseer (4), and two sites each in the Eastern, Najran, and Al-Jouf regions. Additionally, Tabuk and Qassim regions each registered one site.

  • Goldman, BlackRock Bosses Contend With a Changing Saudi Arabia

    The most influential names from the world of finance and business are flying to Riyadh for the eighth iteration of the kingdom’s Future Investment Initiative. Dubbed ‘Davos in the Desert,’ the event’s pre-summits started Monday. Over the course of the next few days, we’ll hear from the likes of David Solomon, Jane Fraser, Marc Rowan and Larry Fink. They’re heading to the kingdom amid a profound shift in their relationships with Saudi Arabia’s nearly $1 trillion wealth fund.

  • Saudi tourism facilities face penalties for non-compliance, ministry warns

    According to the ministry, during recent inspections of licensed facilities, it discovered a lack of conformity of promotional material to regulations and failure to display contact information for duty managers in the reception area, among other issues. Additionally, the ministry said it found instances of invalid licenses for some government partners in the tourism sector and failure to maintain cleanliness or carry out maintenance at a number of facilities.

  • World Cup 2034: Saudi Arabia human rights report ‘flawed’

    Football's global governing body, FIFA, are expected to announce the middle eastern kingdom as the host for the 2034 tournament on December 11, with no other bids being considered at this point. But the decision to award the tournament to a country with a poor human rights record has angered advocacy groups. FIFA attempted to fulfil their stated commitment to human rights by commissioning an independent report on Saudi Arabia by the Saudi arm of London law firm, AS&H Clifford Chance. But its findings have been slammed.