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☆ Israeli special forces disguised themselves as displaced Gazans to infiltrate a refugee camp and rescue 4 hostages, reports say
▼ + stars: | 2024-06-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Israeli special forces rescued four hostages in Gaza by posing as displaced Gazans, reports said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIsraeli special forces liberated four hostages held by militants in Gaza by disguising themselves as displaced Palestinians, reports said. Two Israeli security sources confirmed to ABC News that Israeli soldiers posed as refugees from Rafah to carry out the rescue mission on Saturday. According to residents interviewed by the Saudi Arabian-owned Asharq news channel, male and female Israeli soldiers impersonated Palestinian refugees from Rafah to infiltrate the Nuseirat refugee camp in central Gaza, per The Times of Israel.

Persons: — Organizations: Yamam, Service, ABC News Locations: Gaza, Rafah, Saudi, Israel

☆ Surprising, Unsettling, Surreal: Roaming Through Saudi Arabia
▼ + stars: | 2024-06-05 | by ( Stephen Hiltner | ) www.nytimes.com time to read: +1 min

Stephen Hiltner/The New York TimesThe sculpted facade of a 2,000-year-old tomb glows in the late-afternoon sun at Hegra, a UNESCO World Heritage site. Camels march through the desert on the outskirts of the Empty Quarter, the world’s largest sand sea. For many years these Saudi Arabian scenes, including the lively open-air markets in Jeddah, were off limits to most travelers. As it undergoes a profound transformation, Saudi Arabia is spending lavishly to lure tourists with its luxe new resorts ...... its rich cultural heritage ...... and its sublime natural beauty. Can the Saudi government persuade would-be visitors to look past — or reconsider — its longstanding associations with religious extremism, ultraconservatism and human rights abuses?

Persons: Stephen Hiltner Organizations: New York Times, UNESCO Locations: Prophet’s, Medina, Saudi, Jeddah, Saudi Arabia

☆ Oil prices rise but hover near four-month low on OPEC+ supply increase later this year
▼ + stars: | 2024-06-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Yasir Al-Rumayyan, chairman of Saudi Arabian Oil Co. (Aramco), speaks during a news conference in Dammam, Saudi Arabia, on Sunday, Nov. 3, 2019. Crude oil futures rebounded slightly Wednesday but hovered near a four-month low as a decision by OPEC+ to increase production later this year continued to weigh on the market. U.S. crude oil and global benchmark Brent are down more than 4% this week after eight OPEC+ members agreed Sunday to gradually phase out 2.2 million barrels per day in production cuts. OPEC+ won't start increasing production until October, and the global oil balance sheet will tighten beforehand, Patterson said. Here are today's energy prices:"The technicals also suggest that the oil market is entering oversold territory," Patterson told clients in a research note on Wednesday.

Persons: Yasir Al, Rumayyan, Warren Patterson, Patterson, Bob Yawger, Yawger Organizations: Saudi Arabian Oil Co, Aramco, OPEC, Brent, ING, Mizuho Securities Locations: Dammam, Saudi Arabia, .

☆ OPEC+ decision to increase oil supply is a 'bearish surprise' for the market, Goldman says
▼ + stars: | 2024-06-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

The detailed plan laid out by OPEC+ over the weekend to increase oil production delivered a "bearish surprise" to a market in which prices were already under downward pressure, according to Goldman Sachs. OPEC+ plan difficult to reverse The OPEC+ members said the production increases are subject to market conditions and could be reversed. Struyven described OPEC's forecast as "very bullish," with Goldman forecasting demand growth of 1.5 million bpd in 2024. Market could deteriorate in 2025 The oil market will remain in balance or in a slight deficit for the time being, according to Ryan McKay, senior commodity strategist at TD Securities. Yet those cuts have failed to limit shale oil production in the U.S., Lipow said.

Persons: Goldman Sachs, Brent, WTI, Daan Struyven, Bob Yawger, Yawger, Helima Croft, Goldman's Struyven, Andrew Lipow, Struyven, Lipow, Ryan McKay, McKay, Daan Organizations: West Texas Intermediate, Goldman, OPEC, Mizuho Securities, CNBC, RBC Capital Markets, Lipow Oil Associates, TD Securities, JPMorgan Locations: OPEC, Saudi Arabia, Russia, U.S, Brazil, Guyana, Norway, Senegal, Persian, Arabian

☆ Saudi Arabia is trying to build the largest linear city ever. It's a visionary but flawed concept, urban planners say.
▼ + stars: | 2024-06-02 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

Although recent reports suggest the plans have been scaled back, the 2.4km still due to be built will be the largest linear city in existence if it is completed. The Spanish architect Arturo Soria is widely credited with designing the first linear city, "La Ciudad Lineal," in 1882 on the outskirts of Madrid. "Linear cities are an extreme form of urban dispersal — community development and social cohesion still need centrality," Gold told BI. A linear city may not have this capability," explained Lovgreen. In my opinion, linear city schemes are best left as design exercises for third-year architectural students," Gold said.

Persons: —, Arturo Soria, Le Corbusier, Mikhail Okhitovich, Mona Lovgreen, Lovgreen, Adhya, Bland, I'm, John Gold Organizations: Service, Business, Lawrence Technological University, Ciudad, Oxford Brookes University Locations: Saudi Arabia, Spanish, Madrid, Swiss, French, Magnitogorsk, Neom, Paris, Portland, Saudi, NEOM, Tabuk Province

☆ Oil giant Saudi Aramco begins massive share sale to raise around $12 billion
▼ + stars: | 2024-06-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Saudi state oil giant Aramco commenced its secondary public offering on Sunday as the company looks to raise in the region of $12 billion. At the midpoint of that range, the sale would total around $11.5 billion but could eventually reach up to $13.1 billion. Four more banks were added to the share offering, Reuters reported on Sunday, including Credit Suisse Saudi Arabia and BNP Paribas. The share sale is the company's second, after Aramco first entered public markets in 2019 and offered 1.5% of the company to investors. Aramco is the world's largest oil company in terms of both daily crude production and market cap.

Organizations: Aramco, Saudi Arabian Oil Group, World Petroleum Congress, Saudi, Reuters, Credit Suisse Saudi, BNP Locations: Saudi, Stampede, Calgary, Canada, Credit Suisse Saudi Arabia

☆ Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering
▼ + stars: | 2024-05-29 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Saudi Arabian state oil giant Aramco plans to offer a fresh sale of between $10 and $20 billion of its stock as soon as this week, the Wall Street Journal reported late Tuesday, citing individuals with knowledge of the matter. Aramco is the world's largest oil company in terms of both daily oil production and market cap. If the offering goes ahead, it would relieve some financial pressure on the kingdom, at least in the near-term, the Journal reported. Saudi Arabia in May forecast a budget deficit of 79 billion Saudi riyals ($21 billion) for the year, as well as a fiscal deficit in 2025 and 2026.The stock sale could still be delayed or canceled, the Journal reported.

Persons: chalked Organizations: Aramco, Plaza Conference, Wall Street Journal, Public Investment Fund, CNBC, Saudi Locations: Dhahran, Saudi Arabia, Saudi Arabian, Saudi

☆ Dubai Old Town: Dubai’s ‘soul’ is about more than historic buildings
▼ + stars: | 2024-05-27 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +11 min

So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”

Persons: Nada Badran, Badran, “, ”, Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, —, it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, “, United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, ”, Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China

☆ Cristiano Ronaldo set to play in 11th international tournament after 39-year-old makes Portugal’s Euro 2024 squad
▼ + stars: | 2024-05-22 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Cristiano Ronaldo is set to play in his 11th international tournament for Portugal later this year, after the 39-year-old was named in his nation’s squad for Euro 2024. It seemed as though Ronaldo might have made his last appearance in a major international tournament at the 2022 World Cup in Qatar. Ronaldo made his first tournament appearance for Portugal at Euro 2004. Darren Walsh/Action Images/ReutersHowever, Ronaldo will not be the oldest player in the Portugal squad. “His communication, his positioning mean that, when he’s fit, he’s a very important player.”Portugal will play Turkey, Georgia and Czech Republic in Group F at Euro 2024.

Persons: CNN — Cristiano Ronaldo, Ballon d’Or, Roberto Martinez, “ Cristiano, It’s, who’s, ” Martinez, Ronaldo, “, Fernando Santos, Darren Walsh, Pepe, ” Organizations: CNN, Portugal, Saudi, Portugal’s UEFA Nations League, Al, UEFA, Porto, European, Champions League, Sporting Lisbon, Czech Republic, Czech Locations: Europe’s, Saudi Arabian, Portugal, Greece, Portugal’s, Qatar, ” Portugal, Turkey, Georgia, Czech, Czech Republic

☆ Neom axed a $1.5B project to make water for the city, report says — another blow to its grand ambition
▼ + stars: | 2024-05-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Neom canceled a desalination project worth $1.5 billion, according to a report. Enowa, a Neom subsidiary, told Meed it's water requirements had evolved. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA project to build a $1.5 billion water desalination plant in the Saudi Arabian desert city of Neom appears to have been scrapped. A consortium made up of Neom subsidiary Enowa, Japan's Itochu, and France's Veolia had agreed to develop the plant in December 2022.

Persons: Neom, Meed, —, Japan's Itochu Organizations: Service, Veolia, Business Locations: Saudi Arabia, Saudi, Neom

☆ Marcus Rashford and other prominent players left out of England’s Euro 2024 provisional squad
▼ + stars: | 2024-05-21 | by ( Sammy Mncwabe | ) edition.cnn.com time to read: +2 min

CNN —Manchester United striker Marcus Rashford is one of the most prominent players left out of England’s provisional squad for the upcoming European Championships. On Tuesday, England manager Gareth Southgate announced a 33-man squad which will be whittled down to 26 players for the continental tournament beginning on June 14 in Germany. Rashford, 26, has featured in 60 England games, scoring 17 goals. However, he has struggled for form at club level this season, scoring just eight goals in 42 appearances for United. With Marcus I just feel other players in that area of the pitch have had better seasons,” Southgate told reporters.

Persons: Marcus Rashford, Gareth Southgate, Marcus, ” Southgate, Rashford, Gareth, Jordan Henderson, Reece James, Raheem Sterling, Southgate, Alex Grimm, Henderson, Al Ettifaq, “ Henderson’s, “, Kobbie Mainoo, Harry Maguire, Luke Shaw, Harry Kane, Madrid’s Jude Bellingham, Phil Foden, Curtis Jones, Jarell, Crystal Palace’s Adam Wharton, Everton’s Jarrad Branthwaite, James Trafford Organizations: CNN, Manchester United, United, England, ”, Liverpool, Ajax, Chelsea, Saudi, Arsenal, Bukayo Saka, Burnley Locations: England, Germany, Saudi Arabian, Madrid’s, Manchester, Southgate, Italy

☆ Brent oil gains after Iran's President dies, Saudi flags issue with King's health
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +3 min

Brent crude futures extended gains on Monday, inching up amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and the Saudi crown prince cancelled a Japan trip, citing health issues with the king. Brent gained 10 cents, or 0.1%, to $84.08 a barrel by 0454GMT, after rising to $84.30 earlier, its highest since May 10. He added that WTI prices may rebound further toward $83.50 after rising above the 200-day moving average of $80.02. Despite the volatility in the region, oil prices moved only slightly. "Continuity in Saudi strategy is expected regardless of this health issue," he added.

Persons: Brent, Ebrahim Raisi, Saudi Arabian Crown Prince Mohammed bin Salman, King Salman, Yoshimasa Hayashi, Tony Sycamore, Sycamore, Warren Patterson, Patterson, Saul Kavonic, Prince Mohammed Bin Salman's Organizations: Brent, . West Texas, Saudi, Saudi Arabian Crown, Iranian, IG, ING, The, of, Petroleum, Petroleum Reserve Locations: Fort Stockton , Texas, Saudi, Japan, East Azerbaijan, Saudi Arabian, China, U.S, United States, Washington

☆ Why Middle East travel is growing faster ‘than any other region’
▼ + stars: | 2024-05-16 | by ( Rym Bendimerad | ) edition.cnn.com time to read: +6 min

CNN —Last week, travel and tourism industry representatives from more than 150 countries gathered at the annual Arabian Travel Market trade show, held this year in Dubai. There, CNN’s Eleni Giokos spoke with Julia Simpson, president of the World Travel and Tourism Council (WTTC), about trends in tourism in the Middle East, and the challenge of making travel more sustainable. We are here in the Middle East — this is the first time I’ve been to the Arabian Travel Market — but what’s interesting is everyone’s telling me they have never, ever seen it this busy. Simpson: Well, the GCC and Middle East is growing faster than any other region. Visitors and delegates at the Arabian Travel Market.

Persons: CNN’s Eleni Giokos, Julia Simpson, I’ve, Simpson, Saud, you’ve, We’ve, we’ve Organizations: CNN, Travel, Tourism Council, Arabian, GCC, Gulf Cooperation, United, Visitors, Oxford Economics Locations: Dubai, Abu Dhabi, Ras Al, Khaimah, United Arab Emirates, Saudi, Arabia, —, Saudi Arabia, Oman, East, UAE, Gaza, Egypt

☆ Help! Our Cruise Operator Went Bankrupt and We Are Out $17,905.
▼ + stars: | 2024-05-16 | by ( Seth Kugel | ) www.nytimes.com time to read: +3 min

Dear Tripped Up,In September 2022, I booked a 17-day Arabian Sea cruise through Vantage Travel Services to celebrate my 80th birthday with my wife. I used my credit card to leave a $2,000 deposit and paid the remaining $17,905 shortly afterward by bank transfer. I also bought the Worldwide Trip Protector plan from Travel Insured International (for $1,954), in part because it covered financial default and bankruptcy of cruise lines. My credit card returned the $2,000, and I filed an insurance claim for $17,905. For nearly five months, Travel Insured International and its parent company, Crum & Forster, did not respond to my detailed inquiries.

Persons: Michael, Forster, Amy Whilldin, ” Organizations: Vantage Travel Services, Travel, Vantage, New York State Department of Financial Services, Crum, New York Department of Financial Services, New York Locations: Smithtown, Boston, New York, Pennsylvania, New York State

☆ Beethoven’s hair reveals lead poisoning
▼ + stars: | 2024-05-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Ludwig van Beethoven’s “Ode to Joy” is one of the first songs I learned to play on the violin. While his doctor’s notes were lost to time, scientists sequenced Beethoven’s genome from locks of his hair last year. Hulton Archive/Getty ImagesA new analysis of Beethoven’s hair has shown the composer experienced lead poisoning toward the end of his life. Tests revealed incredibly elevated levels of lead, as well as arsenic and mercury, in two of his locks, likely from drinking wine that was sweetened with lead. Researchers don’t believe lead poisoning would have been enough to kill him, but it could have contributed to the composer’s well-known gastrointestinal issues and deafness.

Persons: CNN — Ludwig van Beethoven’s, Joy ”, I’ll, Beethoven, Ludwig van Beethoven, don’t, ”, William Meredith, Umm Jirsan, Lady Elliot, Rebecca Wright, Kate Quigley, “ We’re, Ashley Strickland, Katie Hunt Organizations: CNN, Symphony, Hulton, “, Arabia, National Oceanic, Atmospheric Administration, Minderoo, Energy, CNN Space, Science Locations: Alabama, Saudi Arabia, Umm Jirsan, Lady, Australia

☆ Stone Age humans once sheltered in lava tube caves
▼ + stars: | 2024-05-08 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

Beginning in the Stone Age, Neolithic herders descended into and occupied these vast tunnels, known as lava tubes, archaeologists have discovered. Umm Jirsan spans nearly 1 mile (1.5 kilometers), with passages that are up to 39 feet (12 meters) tall and as much as 148 feet (45 meters) wide. The researchers enter Umm Jirsan, the longest lava tube system in the region. Animal carvingsIn another tunnel near Umm Jirsan, the researchers found 16 panels of engraved rock art. “Collectively, the archaeological findings at the site and in the surrounding landscape paint a picture of recurrent use of the Umm Jirsan Lava Tube over millennia,” Stewart said.

Persons: Jirsan, haven’t, Umm, ”, Mathew Stewart, ” Stewart, Umm Jirsan, Guillaume Charloux, Charloux, Stewart, “, —, ” Mindy Weisberger Organizations: CNN —, Australian Research Centre, Griffith University, CNN, Umm, French National Centre for Scientific Research, ’, Saudi Geological Survey, Arabia, Scientific Locations: Medina, Saudi Arabia, Umm Jirsan, Australia, Arabia, Asia

☆ Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks
▼ + stars: | 2024-05-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg. Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a major hub. AdvertisementA new state-backed Saudi Arabian fund centered on semiconductor and AI technology has guaranteed that it would divest from China if Washington requests it. Officials have long portrayed China's access to AI and semiconductor technology as a national security threat. US officials have already had to mandate AI firms to divest from China, such as G42.

Persons: Amit Midha, —, Midha, that's Organizations: Bloomberg, Service, Milken Institute Global Conference, Saudi Arabia's Public Investment Fund, Officials, Silicon, New York Times, United Arab Emirates, Microsoft Locations: Saudi, China, Saudi Arabia, Washington, Beijing, Alat

☆ Atlantis The Royal, Dubai: Inside the Middle East’s ‘best’ hotel
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.

Persons: Swedish House Mafia —, there’s, ”, Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, “, it’s, Estiatorio Milos, Costas Spiliadis, — Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, —, Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai

☆ Emirates' chairman has a message for Boeing: 'Get your act together'
▼ + stars: | 2024-05-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

With 245 passenger planes and five 778 freighters on order, Emirates is Boeing's largest customer in terms of wide-body jets. Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Al Maktoum, who sits at the helm of the world's largest long-haul airline and helped launch it in 1985, echoed the sentiments of many other airline CEOs when it comes to expectations for Boeing. Asked if he had a message for the plane maker, Al Maktoum said: "I always say, you know, get your act together and just do it. The chairman did not indicate that Emirates would cancel the Boeing orders or move them to its French rival, Airbus .

Persons: We're, it's, Sheikh Ahmed bin Saeed Al Maktoum, CNBC's Dan Murphy, Bauer, Griffin, Al Maktoum Organizations: United Arab Emirates, Dubai's, Emirates, Arabian, Boeing, Los Angeles, Airport, Aaronp, CNBC, Airbus, Alaska Airlines Flight, National Transportation Safety Board, NTSB, Reuters Locations: DUBAI, United Arab, Dubai, Emirates, Los, Alaska, Portland , Oregon, U.S

☆ Blinken to travel to Saudi Arabia amid stalled negotiations between Israel and Hamas
▼ + stars: | 2024-04-27 | by ( Samantha Waldenberg | ) edition.cnn.com time to read: +2 min

CNN —Secretary of State Antony Blinken will travel to Saudi Arabia next week to meet with regional partners as talks between Israel and Hamas remain deadlocked, the State Department announced Saturday. Hamas said Saturday it had received a response from Israel over its position on the ceasefire talks. “The movement will study this proposal, and upon completion of its study, it will submit its response,” it said in a statement. Blinken’s trip, set for Monday and Tuesday, comes after he met with Saudi Arabian Crown Prince Mohammed bin Salman last month in Jeddah to discuss efforts to release the hostages held by Hamas. CNN’s Simone McCarthy, Jeremy Diamond, Eugenia Yosef, Alex Marquardt and Mostafa Salem contributed to this report.

Persons: Antony Blinken, Matthew Miller, ”, Saudi Arabian Crown Prince Mohammed bin Salman, ” Blinken, Kylie Atwood, there’s, CNN’s Simone McCarthy, Jeremy Diamond, Eugenia Yosef, Alex Marquardt, Mostafa Salem Organizations: CNN, State Department, ”, Israel, Saudi Arabian Crown Locations: Saudi Arabia, Israel, Gaza, Qatar, Egypt, Jeddah, American

☆ Malaysia might add a casino to boost troubled $100 billion mega-development Forest City
▼ + stars: | 2024-04-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Malaysia may add a casino to Forest City, a mega-development that has turned into a ghost town. AdvertisementMalaysia's Forest City mega-development started with big ambitions and big money. Now, Malaysia is in talks with several high-profile investors to add a casino to Forest City, people familiar with the matter told Bloomberg on Wednesday. AdvertisementThe southeast nation's Prime Minister Anwar Ibrahim met with the heads of a Malaysian property development firm and a resort company at Forest City last week. Expensive, empty apartmentsA casino — which would only be the second in Malaysia — could help struggling Forest City.

Persons: —, Anwar Ibrahim, Ibrahim Iskandar, King Ibrahim, Anwar, They're, Al Marjan Organizations: Service, City, Bloomberg, nation's, Forest City, Garden, Genting Group, Berjaya Corp, Business, United, United Arab Emirates, Las Vegas, downstate Locations: Malaysia, Forest City, Singapore, Malaysia's, Malaysian, Forest, Genting, Marielle, Johor, United Arab, Al, York City, York

☆ Dubai’s floods were made worse by climate change, scientists find
▼ + stars: | 2024-04-25 | by ( Angela Dewan | ) edition.cnn.com time to read: +5 min

Using scientific models, the team was unable to determine precisely how much more likely climate change had made the floods. Changing circulation patterns driven by global warming are also increasing rainfall intensity, the analysis noted. Global warming was the only remaining reason they could identify to explain the heavier downpour. However, the focus must be on slowing climate change, she added. “While we can’t stop El Niño, we can stop climate change,” Otto said.

Persons: Amr Alfiky, ”, Sonia Seneviratne, Mansour Almazroui, King Abdulaziz University’s, Friederike Otto, Niño, Otto said, El, ” Otto, Francois Nel, Sultan Al, Jaber, CNN’s Abbas Al Lawati Organizations: CNN, United Arab, United Arab Emirates, Global, Reuters “, Institute for Atmospheric, Science, King Abdulaziz University’s Center, Excellence, Change, Grantham Institute, International Energy Agency Locations: United Arab Emirates, Oman, El, Dubai, UAE, Dubai’s, Zurich, Jeddah, Saudi Arabia, London, Paris, deadlier

☆ Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
▼ + stars: | 2024-04-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Saudi Aramco CEO Amin Nasser praised China for making solar panels and electric vehicles affordable. Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships. Unlike the West, Saudi Arabia is cozying up to China. "There are lots of opportunities for China to invest in Saudi Arabia," Alibrahim told the media outlet. In March last year, China brokered a détente between Saudi Arabia and Iran, prompting concerns over waning US influence in the Middle East.

Persons: Amin Nasser, Nasser, China's overcapacity, Janet Yellen, Olaf Scholz, China Nasser's, Faisal Alibrahim, Alibrahim, Jon Alterman Organizations: Saudi, Service, Saudi Aramco, World Energy, Financial Times, West, Nikkei, Aramco, Center for Strategic, International Studies, China Economic, Security Locations: China, Saudi Arabia, Saudi Aramco, Saudi, Rotterdam, East Asia, Beijing, Saudi Arabian, Iran, United States

☆ See Dubai flooding from space
▼ + stars: | 2024-04-22 | by ( Mary Gilbert | ) edition.cnn.com time to read: +3 min

CNN —Unprecedented, torrential rainfall plunged parts of the United Arab Emirates underwater last week, bringing life to a standstill in Dubai and elsewhere. NASA NASA Images taken over the Jebel Ali area, located on the southern outskirts of Dubai, capture the area before and after historic flooding. The flooding shown is in the southernmost portion of Dubai, but the city’s highly urbanized central hub isn’t captured. The torrential rain was associated with a larger storm system last week traversing the Arabian Peninsula and moving across the Gulf of Oman. A warmer atmosphere is able to soak up more moisture like a towel and then ring it out in the form of torrential rainfall.

Persons: Abu Dhabi Organizations: CNN, United, United Arab Emirates, Dubai, UAE, NASA, United States Geological Survey, NASA NASA Locations: United Arab, Dubai, UAE, –, Abu Dhabi, Jebel Ali, Gulf of Oman, Oman

Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.

Persons: Benjamin Netanyahu, brandished, Jake Sullivan, —, frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America

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