‘Diriyah Tan’ unveiled to celebrate Saudi tourism hub’s rich heritage

Tesla’s first Saudi showroom opens

• Saudi Arabia is a key regional ally of Washington, and US President Donald Trump forged close ties during his first term with Crown Prince Mohammed bin Salman.
• However, demand for EVs is relatively low in Saudi Arabia, the world's largest oil exporter which enjoys bargain-basement fuel prices, with a liter costing just $0.62.

Mubadala Energy enters US energy market

• Through SoTex, Kimmeridge is building America’s first integrated gas independent to deliver low-cost natural gas from wellhead to water.
• The deal bolsters Mubadala Energy's growth plans to invest across the gas value chain in key energy hubs around the world.

Iraq signs deal with US firm to produce 24,000 MW of electricity

• The signing comes at the conclusion of a visit to Iraq by a high-level US delegation comprising of representatives from 60 private firms.
• Despite sitting on large reserves of petrol and natural gas, decades of conflict and instability have ravaged Iraq's energy infrastructure.

Qatar’s ‘Hit Show’ wins $12 million Dubai World Cup

• Hit Show, owned by Wathnan Racing, ridden by Florent Geroux, prevailed over eight top competitors in 2:03:50 minutes, earning $6.96m with a 0.64-length victory.
• The American horse Mixto, owned by Calumet Farm, came in second place, ridden by jockey Frankie Dettori and trained by Doug O'Neill, and received a cash prize of $2.4m.

Russia to hold talks with US in Riyadh Monday: Kremlin

• "From the Russian side, they will be attended by Grigory Karasin, chairman of the Senate's committee on international affairs, and Sergei Beseda, advisor to the head of FSB.
• Ushakov said he had confirmed this after talks with US National Security Advisor Mike Waltz. Both agreed to send "expert groups" for the talks, he added.

Saudi table egg production crosses 8 billion, achieves 100% self-sufficiency

• Saudi agriculture ministry said the kingdom's egg production not only meets domestic demand but also generates a surplus, reinforcing national food security.
• The ministry also emphasized its commitment to enhancing food quality, safety, and availability across local markets.

West Bank eviction film ‘No Other Land’ wins best documentary Oscar

• Shot in Masafer Yatta near the West Bank city of Hebron, the documentary follows a young Palestinian struggling with forced displacement.
• After a long legal battle with Palestinian communities, an Israeli supreme court ruling in 2022 paved the way for the eviction of the area's more than 1,000 residents.

Future of Humanity – TRENDS’ yearly Special Issue now online

• The edition delves into transformative themes such as GCC’s leadership in urbanization, smart cities, and logistics, as well as the role of AI in reshaping healthcare and finance.
• It also highlights cultural diplomacy, the evolving digital economy, and the power of travel in shaping the human experience.

Abu Dhabi real estate transactions reach $4.69bn in Jan, Feb 2025

• Real estate sales transactions since the beginning of the year have totaled AED 9.8 billion across 2,676 transactions.
• The total value of usufruct transactions has exceeded AED229 million for 28 properties.