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The kingdom is embracing business as usual, hosting an investment forum, concerts and even fashion shows. But grief, fear and outrage over Israel’s bombardment of Gaza simmer just below the surface.
The kingdom aims for the revenue of the Saudi Professional League to increase to 1.8 billion riyals annually by 2030.
For decades, Saudi Arabia served as Arab nations’ go-to destination for emergency bailouts. But as the kingdom moves toward a post-oil economy, it’s taking a more transactional approach to aid.
The announcement in Beijing on 10 March 2023 of the normalisation of Saudi-Iranian relations had a resounding echo across the world. It will affect the delicate geopolitical balance in the competition between the two superpowers, China and the USA, in a region which is under tension and where the Iranian nuclear issue is still unresolved. Many experts and specialists on that region agree that the restoration of Saudi-Iranian diplomatic relations scheduled for 10 May 2023 is not really a (...)