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RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources has launched a program to automate 4,000 factories and end reliance on low-skilled workers, Minister Bandar Alkhorayef said on

By James M Dorsey Indonesia’s geopolitical plate is piling up as the archipelago state prepares to host the Group of 20 (G20) summit and associated gatherings in November, including the Religion 20 (R20), a high-level meeting of religious leaders, the first under the G20’s auspices. The challenges and opportunities for Indonesia are multiple and often […]

The post Indonesia As G-20 Chairman Requires A Tightrope Walk first appeared on IPA Newspack.

Saudi Arabia’s Ambassador to Yemen Mohammed Al-Jaber met with US Envoy to Yemen Tim Lenderking on Monday, Al Arabiya TV reported. The officials stressed the importance of maintaining the truce in

RIYADH: In recognition of its ships high marine quality standards in US ports, Saudi Arabia has become one of only 26 countries — and the first in the Middle East — to be awarded the Marine Quality

RIYADH: The Saudi Grains Organization has deposited SR33.7 million ($8.9 million) to 49 local farmers who supplied wheat quantities allocated for this season. The payment constitutes the thirteenth

RIYADH: Saudi Arabia’s ultra-luxury development project AMAALA, which is being developed by The Red Sea Development Co., has signed over 300 contracts worth over SR6.62 billion ($1.7 billion) to

By Ben Chacko BERLIN: The death of Mikhail Gorbachev  on   August 30  brought discussion of the collapse of Soviet socialism back to the fore—especially as the neoliberal world order it ushered in is crumbling around us. Just a couple of days before the last leader of the Communist Party of the Soviet Union’s death, I […]

The post “It Is Outrageous That Germany Is Sending Weapons To Ukraine To Continue War” first appeared on IPA Newspack.

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RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan met with his Jordanian counterpart in Cairo on Tuesday, Saudi Press Agency reported. During the meeting on the sidelines of an Arab

Arabian Post Staff Alternative investment firm Investcorp announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, MENA’s largest digital freight network with a leading position across Saudi Arabia, the United Arab Emirates, Egypt and neighbouring countries. Investcorp led the initial close of this round with $51 million investment alongside new and existing investors. This investment is part of the […]

RIYADH: Saudi Industrial Development Fund has approved a total of 930 loans, valued at over SR75.4 billion ($20 billion), since the launch of the Kingdom’s Vision 2030 six years ago. Small and medium

By James M Dorsey With the fate hanging in the balance of the 2015 international agreement that curbed Iran’s nuclear program, prospects for greater security and stability in the Middle East are meagre with or without a deal. Undoubtedly, the region will be better off with a revival of the accord from which the United […]

The post Gulf Security In Peril, With Or Without Nuclear Deal With Iran first appeared on IPA Newspack.

RIYADH: The Saudi Real Estate Refinance Co., wholly owned by the Public Investment Fund, is seeing its assets hitting SR20 billion ($5.3bn) after it completed a deal with Alinma Bank to acquire one

Do you know much about the thriving city Dammam in Saudi Arabia? If you are heading there on business or are thinking about making it part of your Saudi Arabian itinerary, you could be richly rewarded. As the hub of the Saudi oil industry, Dammam welcomes many business travellers each year. However, a growing number of leisure travellers are discovering Dammam along with other Saudi Arabia destinations. […]

By James M Dorsey Qatar’s 2022 World Cup promises to benefit not only itself but also to provide an unintended economic, political, and religious soft power boon for its foremost rival in the region, the United Arab Emirates. The UAE, alongside Saudi Arabia, leads a pack of Gulf states eager to capitalize on the expectation […]

The post Qatar World Cup Opens A New World For Gulf Arab Neighbours first appeared on IPA Newspack.

RIYADH: Saudi Arabia said Wednesday it opened an investigation after videos purportedly showed security forces beating women at an orphanage in the Kingdom’s southwest. The governor of Saudi Arabia’s

RIYADH: The Saudi stock market ended Tuesday’s session on a downward note, with oil prices tumbling following a steep rise. The Tadawul All Share Index dipped 0.6 percent at 12,455, while the

Saudi Arabia’s Ministry of Foreign Affairs called on all parties in Iraq to unite on Tuesday, after violent protests erupted in the country following the resignation of prominent Iraqi Shiite cleric

By James M Dorsey A potential revival of the Iran nuclear accord is likely to test the sustainability of Middle Eastern efforts to dial down tensions and manage differences by improving diplomatic relations and fostering economic cooperation. In the latest fence mending, two Gulf states, Kuwait and the United Arab Emirates announced their ambassadors’ return […]

The post Revival Of Iran Nuclear Deal To Test Middle East Détente first appeared on IPA Newspack.

By C.J. Atkins BERLIN: “It’s going to be a choice many of us will have to face when winter comes: freeze or starve.” So says Günter Pohl, a glassworker from the the town of Sprockhövel in Germany’s industrial Ruhr region. “The sanctions are supposedly targeting Russia, but they’re hitting us a lot more than they […]

The post Sanctioning Russia Leaves Germans A Bitter Choice This Winter first appeared on IPA Newspack.

RIYADH: The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, revealed that it has successfully evaluated 58 factories using the international Smart Industry Readiness

RIYADH: The Saudi Grains Organization has deposited SR57.5 million ($15 million) to 89 local wheat farmers who supplied quantities allocated for this season. Purchasing an amount of 31,762 tons, the

RIYADH: The National Bank of Iraq has opened its first branch in Saudi Arabia, becoming the first Iraqi lender to engage in banking activities in the Kingdom, the CEO announced in a tweet. Yazeed

RIYADH: The UAE-based private healthcare provider Burjeel Holdings signed an initial agreement with the Saudi Ministry of Investment in a bid to expand into the Kingdom, with a target to invest up to

A former Twitter Inc security chief has alleged that the Indian government forced the social media firm to put a government agent on the payroll, according to a whistleblower disclosure with US regulators. Peiter ‘Mudge’ Zatko raised the issue with the US Securities and Exchange Commission among other security lapse claims at Twitter. He said the government […]

The post Twitter India forced to hire govt agent, claims ex-staffer first appeared on IPA Newspack.

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