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QUOTED
“On the 7th of March… in Jeddah there will be an emergency meeting of the foreign ministers of the Organization of Islamic Cooperation, and we will also seek to endorse this plan so that it becomes both an Arab plan and an Islamic plan.” Egyptian Foreign Minister Badr Abdelatty, Arab League adopts Egypt’s Gaza reconstruction plan [Al-Arabiya]
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TOP STORY
Arab leaders endorsed Egypt’s $53 billion postwar plan for the Gaza Strip that would allow its roughly 2 million Palestinians to remain. A counterproposal to Donald Trump’s plan to depopulate the territory and redevelop it as a beach destination. [more]
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MORE TOP STORYLINES
Via Jill Goldsmith in deadline.com: UFC and WWE parent TKO Group has, as promised, jumped into boxing, inking a partnership with Saudi Arabia. The deal with His Excellency Turki Alalshikh, chairman of the Saudi General Entertainment Authority, and Sela, the Saudi national entertainment and events conglomerate, will establish a new boxing promotion that will provide a platform for leading boxers and prospects in the sport. TKO will serve as managing partner, providing day-to-day operational expertise, management and oversight of the promotion, with executive leadership anchored by UFC CEO Dana White and WWE president and TKO board member Nick Khan. TKO CEO Mark Shapiro called the agreement “a strategic opportunity to reimagine the sport of boxing globally.” He had teased a deal as imminent on an earnings call last week. “TKO has the deep expertise, promotional prowess, and longstanding relationships. HE Turki Alalshikh and Sela share our passion and vision for evolving the current model. Together, we can bring the sweet science back to its rightful place in the forefront of the global sports ecosystem.”
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Via Rebecca Anne Proctor in agsiw.org: Located prominently on King Faisal Road in Al Bujairi, Diriyah, just northwest of Riyadh, is the vast new 129,000 square foot Diriyah Art Futures institute. Inaugurated in December 2024, the new media arts center is dedicated to the rapidly expanding genre of digital art and is among the first institute of its kind in the Middle East and North Africa. Developed by Saudi Arabia’s Ministry of Culture, Diriyah Art Futures highlights the kingdom’s growing interest and investment in art and culture involving new technology and artificial intelligence. Haytham Nawar, director of Diriyah Art Futures and former chair of the arts department at the American University in Cairo, said the exhibition is significant because “it provides a historical overview” of digital art. “In Saudi, there is knowledge of the history of computational art, especially the usage of AI and generative art,” added Nawar. “What it does is connect international artists in the field with those working in Saudi.”
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Via Julian Borger in theguardian.com: Israel’s internal security agency, Shin Bet, has said Benjamin Netanyahu’s policies were among the underlying causes of the 7 October 2023 attack in which Hamas and other militants killed about 1,200 Israelis. In its report on the 7 October attack, Shin Bet acknowledged its own responsibility, admitting it was aware of warning signs that Hamas was planning an operation, but the agency, also known as the General Security Service (GSS), did not grasp the scale, timing and location of the planned attack. Among the main reasons for a Hamas military build-up before the attacks, an eight-page public summary of the report listed an Israeli “policy of quiet” towards the group, apparently referring to a policy of restraint in the use of force to keep Hamas’s military capability in check. It also listed Netanyahu’s acquiescence in the flow of funds from Qatar to Gaza, a policy designed to divide Palestinians by boosting Hamas at the expense of the Palestinian state.
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MORE ON THE KINGDOM AND BEYOND
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Saudi Arabia‘s Red Sea Global’s newest ultra-luxury offering, Desert Rock Resort, has quickly established itself as a global draw since...[By Tala Michel Issa via arabianbusiness.com]
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The report sheds light on financial performance during the fourth quarter of last year, including revenues, expenditures, and public debt indicators. It highlighted a 21...[via com.sa]
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Unlike Abu Dhabi-backed Manchester City, which has dominated English soccer over the past decade, and Qatari-backed Paris Saint-Germain, which has done likewise in France, it...[By James Robson via apnews.com]
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Trump’s renewal of the maximum pressure campaign could lead to rising tensions in the Gulf after a brief period of relative stability. The Saudis remember...[By Sultan al-Amer via newlinesinstitute.org]
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Saudi Arabia's Crown Prince Mohammed bin Salman congratulated Mark Carney on Friday, on the occasion of the formation of the new government headed by him...[via arabnews.com]
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Saudi Arabia has arrested more than 50 people, including 11 women on prostitution charges, in a new crackdown on “immoral acts” amid ongoing social and...[via middleeastmonitor.com]
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Saudi Arabia and Indonesia are set to sign a memorandum of understanding (MoU) to facilitate the recruitment of domestic workers from Indonesia to Saudi...[via argaam.com]
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The Ministry of Interior conducted inspection campaigns across Saudi Arabia between March 6 and March 12 to ensure compliance with residency, labor, and border security...[via saudigazette.com]
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Saudi Arabia is set to launch a groundbreaking global Twenty20 league, backed by its $1 trillion sovereign wealth fund. Spearheaded by Australian cricket figure Neil Maxwell,...[via geosuper.tv]
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The Saudi Architecture Characters Map highlights 19 architectural styles inspired by geographical, natural and cultural characteristics, derived...[via saudigazette.com]
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Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadley witnessed on Sunday the signing of an agreement between the Environment Fund and the Small and...[via saudigazette.com]
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Developer Diriyah Company — backed by Public Investment Fund — secured $1.6 billion in financing to develop the Wadi Safar project, an upscale residential...[By Kelsey Warner via semafor.com]
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The United States will keep attacking Yemen's Houthis until they end...[By Phil Stewart, Mohammed Ghobari and Gabriella Borter via reuters.com]
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Improvements in the availability and quality of digital infrastructure and services have yet to impact productivity growth in the Gulf economies...[By Valentina Pasquali via agbi.com]
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CERAWeek, the annual gathering of the energy elite in Houston, Texas, is an intense crash course in the state of world...[By Frank Kane via agbi.com]
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Between 10am and 4:30pm on March 11 the tariff rate on Canadian aluminium and steel imports to the US was hiked...[By Robin Mills via agbi.com]
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The United States broke a longstanding diplomatic taboo by holding secret talks with Hamas on securing the...[By Steve Holland and Matt Spetalnick via reuters.com]
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A new travel ban by President Donald Trump could bar people from Afghanistan and Pakistan from entering...[By Jonathan Landay, Ted Hesson and Humeyra Pamuk via reuters.com]
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