Ahmed Al Omran
@ahmed
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Saudi correspondent @FT 📰 Previously seen in @nytimes, @WSJ and @NPR 📩 Email: [email protected] 📝 Subscribe to my newsletter: https://t.co/oe6r4P3Ybt
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Joined September 2006
🚨 Saudi Arabia condemns Israel’s decision to occupy the Gaza Strip and denounces its “persistence in committing crimes of starvation, brutal practices, and ethnic cleansing against the brotherly Palestinian people.” —Foreign ministry statement.
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In case you missed it ↘.
📉 Saudi stock market has been one of the worst performing in the world this year. Failure of new listings to match the stellar performance of debuts in 2023 and 2024 is raising doubts about progress of economic diversification plans
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📈 Saudi GDP up 3.9% in Q2, driven by steady growth of non-oil sector and increased crude output —government flash estimates
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📉 Saudi stock market has been one of the worst performing in the world this year. Failure of new listings to match the stellar performance of debuts in 2023 and 2024 is raising doubts about progress of economic diversification plans
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🚨 UK to recognise Palestinian state in September unless Israel ends Gaza crisis.
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More in our big read about desalination:
ft.com
As water scarcity spreads governments are ploughing billions into a technology that comes with its own environmental costs
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💧 Saudi utilities giant ACWA Power controls more than a quarter of the desalinated water in Saudi Arabia, UAE, Oman and Bahrain. Now the company looks to bring its desalination tech to Central and East Asia, Africa and Southern Europ.
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🇸🇦🇸🇾 Saudi Arabia pledges $6 billion of investments in Syria, a show of support after sectarian violence broke out in Sweida last week
ft.com
Gulf kingdom’s support is expected to create thousands of jobs as conflict-ravaged country seeks to rebuild
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🚨 US tech giant Apple launches direct-to-consumer sales online in Saudi Arabia today. The company is expected to open its first physical store in the kingdom next year
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Saudi Arabia to participate in Intervision, the music contest launched by Putin after Russia was banned from Eurovision over the war in Ukraine.
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🔴 US investor @BenHarburg is close to acquire @AlkholoodClub, according to local media reports. He owns a minority stake in Spanish club Cádiz CF.
A deal has been agreed for the first foreign company to buy a Saudi Pro League club. It will be announced as part of the next wave of privatisation as they accelerate plans to improve the league. A piece looking at how the Saudi strategy is evolving.
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🚨 Saudi FM Prince @FaisalbinFarhan tells @SecRubio in telephone call that the kingdom condemns Israel’s attacks on Syria and the interference in its domestic affairs —foreign ministry statement.
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🚨 Saudi crown prince receives call from Syrian President Ahmed al-Sharaa, says the kingdom welcomes measures taken by Syria to contain recent events and achieve security. Prince Mohammed also condemned Israel’s “blatant” attacks on Syrian territory and interference in the.
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🚨 Saudi Arabia welcomes measures by Syrian government to achieve security and stability, condemns Israeli attacks on Syrian territories —foreign ministry statement.
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🚨 ACWA Power-led consortium sign $8.3 billion deal to build 15GW solar and wind farms in Saudi Arabia
ft.com
ACWA Power leads consortium that will build five solar and two wind projects in the kingdom
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