QUOTED

Quoted

“One of the things I believe strongly, from my own experience over the last thirty years and looking at the sweep of history, is that there’s no such thing as a hereditary enemy; that we are not fated to conflict or animosity; and even what seemed to be the most virulent and violent hatreds can go away, can change.” Secretary of State Antony Blinken, Blinken’s audacious final message for the Middle East [Atlantic Council]

TOP STORY

Tesla to enter Saudi Arabia this quarter

EV charging station

Writing for Arabian Gulf Business Insight, Megha Merani reports that Tesla is set to launch in Saudi Arabia within months. [more]

 

MORE TOP STORYLINES

Oil is no longer an energy security challenge as critical minerals take center stage, Saudi minister says

Via Natasha Turak in cnbc.com: “Oil is no longer an energy security challenge – it’s going to be gas, electricity, predominantly minerals,” Saudi Energy Minister Abdulaziz bin Salman told attendees at the annual Future Minerals Forum in Riyadh. “Today some of these countries, they have, as a country, 50% of the ownership of some of these required minerals and critical minerals … countries are racing to access critical minerals and secure their own supply chain. Rushing to secure access to resources will ultimately lead to higher emissions, higher metals costs and higher energy prices.” The energy minister was referring to minerals critical to the energy transition and advanced technologies – including lithium, cobalt, nickel, graphite, manganese and other rare earth elements crucial for making things like electric vehicles, batteries, renewable energy technology, computers, and household goods.

A ceasefire deal is here. For Gaza, the Middle East and the world, the future remains unknown

Via Patrick Wintour in theguardian.com: Security for Israel, he argued, had to include a credible political horizon for the Palestinians, or else Hamas “or something equally abhorrent” will “grow back”. He said the country “must abandon the myth they can carry out de facto annexation, without cost and consequence to Israel’s democracy, to its standing, to its security”. Yet, he complained, “Israel’s government has systematically undermined the capacity and legitimacy of the only viable alternative to Hamas: the Palestinian Authority”. Indeed, the weakening of Iran is probably the biggest regional impact of the war in Gaza. Biden had a point this week in claiming that, all told, Iran “is weaker than it has been for decades”. He elaborated: “Iran’s air defences are in shambles. Their main proxy, Hezbollah, is badly wounded, and as we tested Iran’s willingness to revive the nuclear deal, we kept the pressure with sanctions. Now Iran’s economy is in desperate straits.” A 35-year tack to build a defence strategy around a proxy army had been eviscerated in a matter of months.

Saudi Arabia welcomes ceasefire agreement in Gaza

in arabnews.com: Saudi authorities welcomed the announcement of a Gaza ceasefire agreement on Wednesday and expressed the Kingdom’s appreciation for the efforts of mediators from Qatar, Egypt and the US. The Kingdom stressed the need for adherence to the deal, an end to Israel’s aggression against Gaza, and the complete withdrawal of Israeli forces from the territory and all other occupied Palestinian and Arab lands. It also highlighted the importance of building on the agreement by addressing the underlying reasons for the conflict and enabling the Palestinian people to secure their rights, the foremost of which is the establishment of an independent Palestinian state based on 1967 borders, with East Jerusalem as its capital.

 

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Film and beyond: Leapfrogging into the global screen industry

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GAFT Leads Saudi Negotiating Team in GCC-Indonesia Free Trade Agreement Talks

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US ambitions are a fork in the road for GCC crypto

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GCC targets $188bn tourist spending as visitor numbers boom

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GCC should target tariff-free food deals with Trump

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Saudi Arabia’s non-oil economy records best performance since 2014 in January, says PMI

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Saudi Arabia conducts military exercises with 15 countries at Air Warfare Center

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Gulf sovereign wealth funds drive $36bn+ mega-deal boom as UAE, Saudi buck global M&A slowdown

Strategic inbound and domestic M&A activity in the region surged 88 per cent year-on-year to reach $36 billion during the first 10 months...[By Tala Michel Issa via arabianbusiness.com]

 

Saudi Arabia cracks down on employers over health insurance violations

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Saudi crown prince receives Germany’s president in Riyadh

Saudi Arabia’s Crown Prince Mohammed bin Salman received Germany’s President Frank-Walter Steinmeier at Al-Yamamah Palace in Riyadh on Monday.  The two leaders held an official session...[via arabnews.com]

 

Oil prices: The US is in a ‘delicate dance’ with Saudi Arabia

"Ultimately, we're going to see the seasonal dance: Gas prices are going to go up this spring regardless of tariffs or not, they're going to...[By Julie Hyman and Josh Lipton via yahoo.com]

 

Gaza ceasefire deal prompts hopes of end to war between Israel and Hamas

The ceasefire will go into effect on Sunday, Qatari Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani announced during a press conference in Doha. "It gives...[By Alex MacDonald and Yasmine El-Sabawi via middleeasteye.net]

 

Gaza ceasefire deal: What you need to know

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Blinken’s audacious final message for the Middle East

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Commentary: Biden could have had the best presidential record – Gaza destroyed it

US President Joe Biden may be on the brink of finally securing a ceasefire in Gaza between Israel and Hamas, but his...[By Hussein Ibish via thenationalnews.com]

 
 

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