MUST-READS

• Secretary Blinken’s Meeting with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud
  Secretary of State Antony J. Blinken met today with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud in Riyadh to discuss our common efforts to end the conflicts in the region and establish greater peace and security.  The Secretary emphasized the need to end the war in Gaza, free the hostages, and enable the people of Gaza to rebuild their lives free from Hamas.  The Secretary and Crown Prince discussed efforts toward a diplomatic resolution in Lebanon that allows civilians on both sides of the Blue Line to return to their homes. They continued discussions on the need to establish lasting regional stability, including through greater integration among countries in the region.  They also discussed the importance of ending the conflict in Sudan, protecting civilians, and advancing a political transition to a civilian government.  The Secretary expressed appreciation for Saudi Arabia’s role in promoting stability and peace in the region.

• Saudi Arabia’s World Cup Stadiums Explained

  The 2034 FIFA Men’s World Cup is coming to Saudi Arabia. The Kingdom, which has been rapidly expanding its infrastructure and pushing the boundaries of architectural innovation, will now build or renovate 15 stadiums across the country, marking a bold step in its bid to become a global sporting hub. The tournament will be hosted across 11 newly constructed venues, while four existing stadiums will undergo extensive renovations to meet FIFA’s rigorous standards.

• Final off take agreement signed to localize 7 insulin products

  The agreement was concluded in partnership with the National Unified Procurement Company for Medical Supplies (NUPCO), Sudair Pharmaceutical Company, Sanofi, and Novo Nordisk. This agreement reflects Saudi Arabia's efforts to enhance its production capabilities and its commitment to creating an attractive investment environment and thus strengthening its position as a regional center for the pharmaceutical industry in line with the goals of Saudi Vision 2030.

• Blinken on new quest for Saudi ties with Israel

  The top US diplomat flew directly from Tel Aviv in Israel to the Saudi capital Riyadh, a mere two-hour flight impossible on commercial airliners, on a tour of the Middle East days before the US election. Speaking to reporters on the tarmac in Tel Aviv, Blinken urged keeping "eyes on the strategic prize" of Israel-Saudi normalisation as his efforts for a Gaza ceasefire ground on with no immediate breakthrough in sight. "There remains, despite everything that's happened, an incredible opportunity in this region to move in a totally different direction," Blinken said before boarding his US government plane.

• Saudi Arabia’s 2023 FDI data reflects success of Vision 2030: Al-Falih

  “As a result of these positive shifts in FDIs, we expect to see more investors entering the Saudi market to take advantage of the country’s economic and investment strength, the stability of its policies, its long-term economic vision, and its solid financial and monetary fundamentals. Additionally, they will benefit from Saudi Arabia's strategic location, which serves as a gateway to growth opportunities throughout the Middle East and beyond,” Al-Falih said.

• Blinken and Crown Prince Salman discuss Gaza in US push for Israel-Saudi Arabia normalisation

  US Secretary of State Antony Blinken met Saudi Crown Prince Mohammed bin Salman in Riyadh on Wednesday as part of a diplomatic push to “end the conflicts” in the Middle East. Mr Blinken “emphasised the need to end the war in Gaza, free the hostages and enable the people of Gaza to rebuild their lives free from Hamas", State Department spokesman Matthew Miller said in a readout of the meeting.

• Eleventh Saudi Relief Plane Departs for Lebanon with Essential Aid Supplies

  An eleventh relief plane of the Saudi air bridge, operated by the King Salman Humanitarian Aid and Relief Center (KSrelief), left King Khalid International Airport for Lebanon today, carrying food, shelter, and medical supplies.

• Blinken scraps Jordan stop on Gaza truce tour, heading to Saudi Arabia instead

  US Secretary of State Antony Blinken will travel to Saudi Arabia on Wednesday for talks on normalization with Israel as he pushes for a ceasefire in Gaza, a US official tells reporters. Blinken, who is on a regional tour expected to last throughout the week, will travel to Saudi capital Riyadh instead of previous plans to head to Jordan due to scheduling issues, the official says on condition of anonymity. The normalization deal is widely seen as dead in the water, as Riyadh is now conditioning it on the establishment of a Palestinian state — a nonstarter for Israel.

• Saudi Arabia enlists BlackRock to improve MBS market: Report
  According to data available on Argaam, the Saudi Real Estate Refinance Co. (SRC) signed an agreement with BlackRock to develop the real estate finance sector, expand the local and international investor base, and ensure market stability and diverse financing options.

• Rafael Nadal gives brutally honest verdict on Saudi Arabia criticism and sportswashing claims

  “What happens is that there comes a certain moment when you can be in one place or another, based on your opinion. I respect all opinions, as long as mine are also respected,” Nadal began. “Do they pay me to come here? Yes. But we must not lose perspective. You come here and what do you think? Are you doing good or bad? Because the only problem in the end is that you get paid for it. “Because, really, by coming here, you help the country. And those who speak in such a drastic way against the country, very well. “So, what do you want? For them to continue being bad, for them to continue keeping the country locked up, with more inequality? There is only one reality. “In the end, by coming here, we make events happen and tourists come, something that didn’t happen four or five years ago.

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