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  • Saudi-European Investment Relations Enhance Global Economic Stability

    External financial bonds, including Eurobonds, constitute an important aspect of Saudi investments, experts told Asharq Al-Awsat. This came after the Ministry of Finance denied, on Tuesday, that the Kingdom had threatened to sell Eurobonds, according to a statement attributed to the ministry and reported by Bloomberg. The ministry stressed that Saudi relations with the G7 and other countries were based on mutual respect, pointing to ongoing discussions over matters that promote global growth and the flexibility of the international financial system.

  • Fresh scrutiny of free speech in Saudi Arabia after brothers’ convictions over tweets

    Fresh questions have been raised about the suppression of free speech in Saudi Arabia after the brother of a man facing the death penalty for tweeting to 10 followers was handed a 20-year sentence for largely innocuous tweets. The Saudi crown prince, Mohammed bin Salman, had said Mohammed al-Ghamdi was a victim of “bad laws” after being sentenced to death, yet the crown prince permitted the same laws to be used to sentence Ghamdi’s younger brother, Asaad al-Ghamdi.

  • China willing to strengthen trade with Saudi, commerce minister says

    China said it is willing to strengthen implementing development strategies with Saudi Arabia, and intensify trade and investment exchanges, its commerce minister said in a statement on Friday. Commerce Minister Wang Wentao held talks on Thursday with the head of affairs on Saudi Arabia's economic cooperation with China, who is also the president of the Saudi sovereign wealth fund Public Investment Fund and chairman of Saudi Aramco.

  • Lucid Group gains after its CEO says the Saudi Arabia PIF is the perfect partner

  • Biden says Israel-Gaza war should end now and Israel must not occupy Gaza

    U.S. President Joe Biden said on Thursday the Israel-Gaza war must end now and Israel must not occupy the enclave after the war, telling reporters his ceasefire framework had been agreed on by both Israel and Hamas but there were still gaps to close.  "That framework is now agreed on by both Israel and Hamas. So I sent my team to the region to hammer out the details," Biden said in a news conference.

  • Hamas believes it has won. Why it now wants to unburden itself of Gaza.

    After nine months of war with Israel, Hamas’ postwar strategy – based on what it sees as its impending victory – is starting to take shape. As talks with Israel, mediated by the United States, Egypt, and Qatar, continue toward a deal on a cease-fire and release of hostages, the militant Islamist movement is eyeing its postwar plans. They include riding an electoral wave to power in the West Bank while evading responsibility for the massive reconstruction of Gaza – and for the vast devastation and loss of life there from the war it incited.

  • Gulf States Advance Clean Energy Agenda but Need to Decarbonize Much Faster

    The United Arab Emirates, Saudi Arabia, and Oman are making impressive strides in developing their renewable and clean energy potential, but they will need to decarbonize their oil and gas operations faster to adapt to the energy transition. This was one of the takeaways at AGSIW’s Petro Diplomacy 2024 conference from a conversation with Roger Diwan, vice president of research and analysis, upstream, at S&P Global Commodity Insights.

  • A Biden Confidant Emerges as a Crucial Mideast Diplomat

    Mr. Hochstein has made at least five trips to Israel and Lebanon since the war in Gaza prompted Hezbollah to launch rocket attacks on northern Israel in solidarity with Hamas. He speaks constantly with Lebanese officials as well as top Israeli officials, sometimes including Prime Minister Benjamin Netanyahu.

  • Qatar’s population soars to 2.85 million, an 85% jump from 2008

    Qatar’s population soared up to 2,857,822 by June 30, 2024, marking a staggering 85.4 percent jump from October 2008’s 1,541,130, as per National Planning Council figures. Recent statistics indicate fluctuating numbers, with peaks recorded earlier this year at 3,128,983 in February and 3,119,589 in March, gradually decreasing to 3,080,804 by May. As of June 2024, the male population stood at 72.4 percent of the total.

  • Beijing eyes more investments from Saudi sovereign wealth fund

    The mayor of Beijing has told the governor of Saudi Arabia's sovereign wealth fund he hoped the fund would further expand its business in the Chinese capital, state media said on Wednesday. Beijing's diplomatic push to court U.S. ally Saudi Arabia comes amid its frustration over what it sees as Washington's weaponisation of economic policies, nudging it to expand ties with countries in Europe, the Middle East and Africa.