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Saudi Arabia deploys cash and clout in Yemen after ousting UAE

Saudi Arabia deploys cash and clout in Yemen after ousting UAE

By Timour Azhari MUKALLA, Yemen/RIYADH - After pushing the United Arab Emirates out of Yemen late last year, Saudi Arabia is deploying political capital and billions of dollars in a bid to bring its southern neighbor more firmly under its control, a sign of Riyadh reasserting itself regionally after
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Nada Raoof Appointed to Lead Middle East Operations of Healthcare Consultancy CF

Nada Raoof Appointed to Lead Middle East Operations of Healthcare Consultancy CF

Nada Raoof Appointed to Lead Middle East Operations of Healthcare Consultancy CF
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Flyadeal Faces Challenges with Powerplant Availability Amid Fleet Expansion

Flyadeal Faces Challenges with Powerplant Availability Amid Fleet Expansion

Flyadeal Faces Challenges with Powerplant Availability Amid Fleet Expansion
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GCC Tokenisation Market Projected to Reach $500 Billion by 2030

GCC Tokenisation Market Projected to Reach $500 Billion by 2030

The Gulf Cooperation Council (GCC) is poised to unlock nearly $500 billion in value through real-world asset tokenisation by 2030, according to a report by Kearney and Ctrl Alt. The report highlights the rapid adoption of digital assets in the region, transitioning from concept to execution. The UAE leads the charge with advanced regulatory frameworks, while other GCC countries like Saudi Arabia, Bahrain, Qatar, and Oman are developing their own infrastructures. Tokenisation is expected to enhance liquidity, reduce investment thresholds, and streamline processes in private markets, real estate, and funds.
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Rio Tinto Seeks Extension for Glencore Merger Talks Amid Investor Concerns

Rio Tinto Seeks Extension for Glencore Merger Talks Amid Investor Concerns

Rio Tinto Seeks Extension for Glencore Merger Talks Amid Investor Concerns
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Saudi Arabia and UAE's Fractured Alliance Raises Regional Stability Concerns

Saudi Arabia and UAE's Fractured Alliance Raises Regional Stability Concerns

The once-strong alliance between Saudi Arabia and the United Arab Emirates (UAE) has deteriorated, leading to increased regional instability. The two nations, which previously collaborated on initiatives such as the blockade of Qatar and military interventions in Yemen, are now at odds over strategic and economic differences. Saudi Arabia is focused on internal transformation and regional stability, while the UAE pursues a more activist foreign policy. The rift has led to public disputes and competition for influence, with both countries seeking to align with different global powers.
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Famine is threatening more of war-torn Sudan’s Darfur region as an attack in the south kills 22

Famine is threatening more of war-torn Sudan’s Darfur region as an attack in the south kills 22

A global hunger monitoring group says that famine is threatening more areas in war-torn Sudan’s western Darfur region, where acute malnutrition has been registered in two more towns there
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Rio Tinto Withdraws from Glencore Merger, Impacting Copper Portfolio

Rio Tinto Withdraws from Glencore Merger, Impacting Copper Portfolio

Rio Tinto Withdraws from Glencore Merger, Impacting Copper Portfolio
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DPM Metals Extends Chelopech Mine Life to 2036 with Updated Mineral Reserves

DPM Metals Extends Chelopech Mine Life to 2036 with Updated Mineral Reserves

DPM Metals Extends Chelopech Mine Life to 2036 with Updated Mineral Reserves
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Kering and Saudi Fashion Commission Expand Generation Award to Middle East

Kering and Saudi Fashion Commission Expand Generation Award to Middle East

Kering and Saudi Fashion Commission Expand Generation Award to Middle East
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Kering and Saudi Fashion Commission Expand Generation Award to Middle East

Kering and Saudi Fashion Commission Expand Generation Award to Middle East

Kering, a French luxury conglomerate, in collaboration with the Saudi Fashion Commission, has announced the expansion of the Kering Generation Award to include the broader Middle East region. This initiative, initially launched in Saudi Arabia, aims to foster sustainable fashion innovation. The program focuses on regenerative materials, circular design, nature and animal welfare, and consumer engagement. The expansion reflects Kering's commitment to sustainability and cross-border collaboration. The award provides mentorship, workshops, and international exposure to startups that demonstrate innovation in sustainable fashion.
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Leonardo DRS Expands Defense Partnerships in Saudi Arabia

Leonardo DRS Expands Defense Partnerships in Saudi Arabia

Leonardo DRS is leveraging its partnership with Saudi Arabian Military Industries to support Saudi Arabia's defense modernization efforts. The company has signed a Memorandum of Agreement to explore local collaboration and production opportunities for critical battlespace situational awareness technologies. This partnership aims to deliver advanced capabilities produced in-country, aligning with Saudi Arabia's Vision 2030. Leonardo DRS is also pursuing partnerships across the Middle East and North Africa, focusing on modernizing armed forces through technology transfer and combat-proven solutions.