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  • Saudi Arabia’s FM calls on world to publicly support Palestinian statehood

    The Global Alliance for the Implementation of the two-state solution was unveiled during Prince Faisal bin Farhan’s speech at a meeting on the sidelines of last week’s UN General Assembly in New York that included the Arab League, the Organization of Islamic Cooperation (OIC) and Norway. “Self-determination is an inalienable right that the Palestinian people not only deserve but are entitled to. Our diplomats have worked tirelessly alongside others to secure recognition of Palestine as a sovereign state globally,” Prince Faisal wrote in the op-ed.

  • Saudi poultry producer gets nod to sell 30% stake in IPO

    Arabian Company for Agricultural and Industrial Investment (Entaj), a Riyadh-based poultry producer, has received the green light from the Saudi market regulator to list shares on the main market (Tasi). The company will float 9 million shares through an initial public offering (IPO), representing 30 percent of the total issued share capital.

  • PGA Tour commissioner and Saudi fund governor paired at pro-am event in Scotland

    Three weeks after PGA Tour commissioner Jay Monahan met with Saudi Arabia’s financial backer of LIV Golf, they will be together again this week in Scotland, this time inside the ropes. Monahan and Yasir Al-Rumayyan, the governor of the Public Investment Fund that supports the PGA Tour’s rival league, are playing together in the Dunhill Links Championship on the European tour. The tournament starts Thursday.

  • Mapping Israel’s Invasion of Lebanon

    Israel and Hezbollah were fighting at close range in southern Lebanon on Wednesday in at least two areas near the border, according to reports from the Israeli military, Hezbollah and Lebanon’s army.

  • As Crisis Builds, Lebanon’s Government Is Nowhere to Be Found

    Hezbollah, the Iran-funded Shiite Muslim militia that doubles as a major political party and social services organization, does not run Lebanon in any official sense. But under Mr. Nasrallah, it sometimes seemed as if it was the only force that mattered: a state within a state with its own military, schools, hospitals and youth programs.

  • Nazaha investigates 289 suspects, arrests 136 in September

    The Oversight and Anti-Corruption Authority (Nazaha) initiated investigations into a number of criminal and administrative cases through 3,903 inspection tours in September 2024. Nazaha said on the X platform that it investigated 289 persons and arrested 136 suspects, some of whom were released on bail for being involved in bribery and abuse of power. The arrested included employees at the Ministries of Interior, Justice, Health, Education, and Municipal, Rural Affairs, and Housing.

  • Iran’s Khamenei warned Nasrallah of Israeli plot to kill him, sources say

    Iran's Supreme Leader Ayatollah Ali Khamenei warned Hezbollah leader Syyed Hassan Nasrallah to flee Lebanon days before he was killed in an Israeli strike and is now deeply worried about Israeli infiltration of senior government ranks in Tehran, three Iranian sources said. In the immediate aftermath of the attack on Hezbollah's booby-trapped pagers on Sept. 17, Khamenei sent a message with an envoy to beseech the Hezbollah secretary general to leave for Iran, citing intelligence reports that suggested Israel had operatives within Hezbollah and was planning to kill him, one of the sources, a senior Iranian official, told Reuters.

  • Saudi Vision 2030 reforms cut unemployment, boosted job creation: Analysts

    The unemployment rate among Saudis fell to an all-time low of 7.1% in Q2 2024, from 7.6% in Q1 2024, based on data available since 1999, the General Authority for Statistics (GASTAT) Labor Force Survey showed. Analysts surveyed by Argaam attributed this downtrend to several factors driven by the Saudi Vision 2030’s goals. They said the vision-related programs helped achieve the goal of reducing unemployment six years ahead of schedule, in addition to the intense labor market reforms undertaken by the government.

  • OPEC rebuts WSJ article on Saudi saying oil prices could drop to $50

    OPEC rebutted a Wall Street Journal report on Wednesday, calling it wholly inaccurate and misleading in saying that Saudi Arabia's energy minister warned oil prices will drop to $50 per barrel if OPEC+ members do not stick to agreed-upon production limits. The report cited unidentified delegates from the oil producers group as saying they heard the minister, Prince Abdulaziz bin Salman, give the warning on a conference call last week. The WSJ cited the sources as saying he had singled out Iraq and Kazakhstan for overproduction.

  • Israel calls for evacuations from south Lebanon, explosions in Beirut

    Israel's military urged residents of over 20 towns in south Lebanon to evacuate their homes immediately on Thursday as it pressed on with an incursion after suffering its worst losses in a year of fighting the Iran-backed armed group Hezbollah. The call for evacuations from southern towns included the provincial capital Nabatieh, suggesting another Israeli operation designed to further weaken Hezbollah is imminent.