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QUOTED
“Saudi Arabia alone is home to the world’s cheapest solar electricity at Shuaiba—almost 1 cent per kilowatt-hour. Four of the ten most cost-effective solar projects are here.” How the Middle East can assume the mantle of green energy leadership [Finance Middle East]
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TOP STORY
The fourth Future Minerals Forum, hosting government representatives from 90 countries, including 16 G20 nations, ran from January 14 to January 16 at the King Abdulaziz International Conference Center in Riyadh. [more]
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MORE TOP STORYLINES
Via Laura Gardner Cuesta in yahoo.com: Initial public offerings from Saudi Arabia have been the star performers in a string of recent share sales in the Middle East, where some high profile regional listings have had tepid debuts in the last few months. Initial public offerings from Saudi Arabia have been the star performers in a string of recent share sales in the Middle East, where some high profile regional listings have had tepid debuts in the last few months. “The bullish euphoria surrounding the primary listings in Saudi Arabia shows no signs of stopping,” said Vijay Valecha, chief investment officer at UAE-based broker Century Financial, pointing to a “glaring contrast” between newly-listed stocks in Saudi and elsewhere in the region.
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Via Felix Richter in statista.com: Over the next 10 years, climate change and its consequences will pose the greatest risk to the world. That’s according to more than 900 global experts from academia, business and politics, who were asked to evaluate 33 global risks over a two-year and a 10-year horizon for the World Economic Forum’s annual Global Risks Report. With inflation having eased in most parts of the world, the experts no longer consider the cost-of-living crisis one of the most pressing issue in the short-term. Instead, for the second year in a row, misinformation and disinformation is considered the most severe risk over the next two years. Following the super election year 2024, misinformation is still considered a major risk, as AI tools have facilitated the creation of false information, be it in the form of text, image or even video. It has the potential to further sow division, resulting in even more polarized societies, which are prone to radicalization and political unrest.
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MORE ON THE KINGDOM AND BEYOND
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Ongoing transformation in the global screen industry has created an opportunity for GCC countries to establish themselves as prominent players. As the industry grapples with...[By Tarek Matar, Karim Sarkis and Maansi Sagar via strategyand.pwc]
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The delegation consists of nine technical teams covering various sectors, including goods, services, investment, general provisions, e-commerce, intellectual property, government procurement, rules of origin, and...[via spa.gov]
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After years of regulatory uncertainty under both Democratic and Republican administrations, Trump has pledged to protect bitcoin ownership and encourage blockchain...[By Carla Sertin via agbi.com]
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68.1m international tourists visited the Gulf Cooperation Council (GCC) countries by the end of 2023, according to data issued by the Statistical...[via arabianbusiness.com]
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Since China is the US’s third-biggest export destination for food and agricultural products after Canada and Mexico, Beijing may retaliate by...[By Martin Keulertz via agbi.com]
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A recent analysis by Capital Economics highlights the consequences of these tariffs and their broader implications for global trade dynamics. The administration's agenda to...[By Issac John via khaleejtimes.com]
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Saudi Arabia’s non-oil economy started 2025 on a high as business conditions improved substantially. This improvement was largely due to the fastest increase in total...[By Yara Abi Farraj via economymiddleeast.com]
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Some of the Kingdom’s prominent military branches are participating in the drills, including forces from the Presidency of State Security and the Saudi Arabian National...[via arabnews.com]
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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]
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The Saudi Arabia Council of Health Insurance (CHI) has announced penalties against several employers for failing to meet mandatory health insurance...[By Roxanne Libatique via insurancebusinessmag.com]
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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]
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"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]
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Prime Minister Benjamin Netanyahu said Friday a deal to return hostages held in the Gaza Strip has been reached, after his office said earlier there...[By Tia Goldenberg, Waffaa Shurafa and Sami Magdy via apnews.com]
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Hamas and Hezbollah have had their leaderships wiped out, and they signed separate ceasefires with Israel from a position of weakness. Syria's longtime dictator, Bashar...[By Greg Myre via npr.org]
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But were Clausewitz alive today, he would ask how these remarkable military gains will translate to political outcomes. Israel remains in Gaza. But having rejected Gen....[By Dennis Ross via washingtoninstitute.org]
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China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although...[By Kevin Yao and Ellen Zhang via reuters.com]
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Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil...[By Ahmad Ghaddar, Shariq Khan, Trixie Sher Li Yap and Enes Tunagur via reuters.com]
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