MUST-READS

• New premium residency categories will allow foreigners to buy property, invest in Saudi Arabia
  Saudi Arabia has added five new categories allowing eligible applicants to sign up for residency permit, in a move that aims to ease the process for residents who wish to apply for the visa scheme.
  The categories are: Skilled and talented individuals (specialists, executives), talents (cultural, sports), investors, entrepreneurs and property owners.

• The Israeli right undermines Biden’s Middle East agenda

  The right-wing prime minister has spent much of his political career chipping away at the prospect of a two-state solution and came back to power with allies further to the right who explicitly reject any talk of Palestinian statehood. They also advocate further Jewish settlement of the West Bank and even of war-blighted Gaza. The rhetoric coming from within Israel has made U.S. attempts to hatch a regional plan to calm the crisis more difficult.

• ROSHN, EVIQ sign deal to speed up EV adoption in Saudi Arabia

  Saudi Arabia’s real estate developer ROSHN Group has signed a deal with Electric Vehicles Infrastructure Co. to accelerate EV adoption in the country. The deal between the Public Investment Fund-owned realty firm and the EV charging solution provider will give a new impetus to the Kingdom’s ongoing efforts to fight climate change. Under the agreement, ROSHN and EVIQ will work to assess and develop infrastructure solutions tailored for EVs in residential communities and commercial properties that fall under ROSHN’s development umbrella across the Kingdom, the Saudi Press Agency reported.

• HRH Reema Bandar Al-Saud Chairs the Women’s Sports Committee Meeting
  HRH Reema Bandar Al-Saud, member of Board of Directors at the Saudi Olympic and Paralympic Committee, chaired the third meeting of the current cycle of the Women’s Sports Committee today in Prince Faisal bin Fahad’s Olympic Complex in Riyadh. The meeting reviewed the committee’s activities for the past year of 2023, and discussed the action plan for 2024. The recommendations from the meeting will be presented to SOPC’s board in its upcoming meeting. The Women’s Sports Committee was reapproved by SOPC’s Board during its last meeting in June, with HRH Princess Reema Bint Bandar ALSAUD as the chair and Adhwa Al-Arifi, Dr.Khalid Alyahya, Abeer Al-Fouti, Fahad Al-Haqbani, Samia Jabarti, Dr Maha Bin Yousef Senior Advisor to HRH the president of Committee, Dr.Lana bin Saeed, and Andrew Hibbert, as members, along with committee secretary Moudy Al-Sudairy.

• Faisal bin Farhan to lead high-level Saudi delegation to WEF 2024 in Davos

  The Saudi delegation comprises prominent figures, including Saudi Ambassador to the US Princess Reema bint Bandar, Minister of Commerce Dr. Majid Alkassabi, Minister of State for Foreign Affairs, Member of the Council of Ministers, and Envoy for Climate Adel Aljubeir, Minister of Investment Khalid Al Falih, Minister of Finance Mohammed Aljadaan, Minister of Communications and Information Technology Abdullah Alswaha, Minister of Industry and Mineral Resources Bandar Alkhorayef, and Minister of Economy and Planning Faisal Alibrahim. This diverse team underscores the Kingdom's commitment to addressing global issues collaboratively.

• Saudi Arabia Raises Mineral Wealth Estimate to $2.5 Trillion

  Alkhorayef confirmed that new findings include rare earth elements, transitional metals, and significant rises in the amounts of phosphate ore and other minerals like copper, zinc, and gold. He highlighted that the announced results are a result of efforts in recent years in exploration and mining surveys. This includes substantial work in issuing mineral exploration licenses, which have quadrupled in the last three years compared to the six years before the new mining investment system.

• Real Madrid Star Toni Kroos Mocks Saudi Arabia Fans On Social Media

  "The truth is that the fans have been excellent," the Spaniard said. "It was a spectacular atmosphere. A more soccer atmosphere," he further stated. On this occasion, punters in the KSU Stadium were treated to a Madrid derby for the ages - an eight goal thriller that lasted 120 minutes and looked set to be headed for penalties until substitutes Brahim Diaz and Joselu both netted in extra time.

• Saudi Arabia’s Quality of Life Program concludes deals worth over $200m to promote positive living

  Saudi Arabia’s Quality of Life Program concluded 20 agreements and strategic partnerships with government agencies, the private sector, and the non-profit sector in 2023, resulting in the marketing and implementation of investment opportunities totaling SR800 million ($213 million) in various sectors. The agreements aim to support the program’s responsibility to achieve goals targeting quality of life in the Kingdom’s Vision 2030.

• Iran seizes oil tanker involved in US-Iran dispute in Gulf of Oman – state media

  Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, Iranian state media reported, a move likely to stoke regional tensions.

  The seizure of the Marshall Islands-flagged St Nikolas coincides with weeks of attacks by Yemen's Iran-backed Houthi militias targeting Red Sea shipping routes.

• At World Court, South Africa accuses Israel of genocidal acts in Gaza

   South Africa accused Israel on Thursday of subjecting Palestinians to genocidal acts and demanded that the U.N's top court order an emergency suspension of Israel's devastating military campaign in Gaza.

  On the first of two days of hearings at the International Court of Justice (ICJ), South Africa said Israel's aerial and ground offensive aimed to bring about "the destruction of the population" of the Palestinian enclave.

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