{"id":88713,"date":"2024-08-14T00:00:00","date_gmt":"2024-08-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/14\/us-state-dept-confirms-lifting-weapons-sale-ban\/"},"modified":"2024-08-14T00:00:00","modified_gmt":"2024-08-14T00:00:00","slug":"us-state-dept-confirms-lifting-weapons-sale-ban","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/14\/us-state-dept-confirms-lifting-weapons-sale-ban\/","title":{"rendered":"US State Dep\u2019t confirms lifting weapons sale ban"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gentlemen.<\/strong> We have a busy issue for you this morning, leading with a USD 972 mn, 2 GW solar power plant that\u2019s coming to Saudi, courtesy of a Saudi-Chinese consortium. But first\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** PROGRAMMING NOTE- EnterpriseAM Saudi is off tomorrow. <\/strong>Longtime readers of our other publications know that we take occasional holidays during the dog days of summer and toward year\u2019s end to recharge our batteries. We\u2019re taking a day tomorrow to enjoy some time with family and friends \u2014 we\u2019ll see all of you back here on Sunday at our usual time.<\/p>\n<p class=\"tag-border-left\">THE BIG STORY AT HOME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a>  <strong>US State Department <\/strong><strong>confirms lifting ban on weapons sales to Saudi: <\/strong>The Biden administration has lifted its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/cf589d07-7857-44ff-9622-3d39b431d97a\/washington-is-lifting-its%253cmark%253e-ban%253c%2Fmark%253e-on-weapons-sales-to-saudi\" style=\"\" rel=\"noopener\">three-year suspension on certain weapons sales to Riyadh<\/a>, State Department spokesperson Vedant Patel confirmed in a press briefing <a target=\"_blank\" href=\"https:\/\/www.state.gov\/briefings\/department-press-briefing-august-12-2024\/#post-578484-SAUDIYEMEN\" style=\"\" rel=\"noopener\">on Monday<\/a>. The decision came after Riyadh upheld its end of an agreement with Washington on scaling back its conflict with the Houthis in Yemen, Patel said, noting that the timing is not specifically linked to wider regional concerns like tensions with Iran or developments in Gaza. The story got digital ink in <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/aug\/12\/saudi-arabia-us-resume-arms-sales\" style=\"\" rel=\"noopener\">the Guardian<\/a> and <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/08\/12\/politics\/us-resuming-saudi-arabia-weapons-sales\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>Some 2.8k Ford F-150 vehicles are being recalled over manufacturing defects in the<\/strong> <strong>automatic transmission sensor <\/strong>that may lead to sudden deceleration in vehicle\u2019s speed while driving, the Commerce Ministry said in a <a target=\"_blank\" href=\"https:\/\/x.com\/MCgovSA\/status\/1823277290983190768\" style=\"\" rel=\"noopener\">post on X<\/a>. The vehicles are from the 2014 model year. You can tell if your vehicle is affected by going to <a target=\"_blank\" href=\"http:\/\/recalls.sa\/\" style=\"\" rel=\"noopener\">recalls.sa<\/a> and typing in your VIN number. Distributors Al Jazirah Vehicles Agencies Company and Mohammed Yousuf Naghi will set things right without charge. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This recall follows a similar move on other vehicles from <\/strong><strong>two weeks ago<\/strong>, which affected 13k Toyota and Land Cruisers and Lexus LX600 and LX500 SUVs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u26a0\ufe0fWEATHER- <\/strong>Today will bring similar weather to yesterday for residents of <strong>Jazan<\/strong><strong>, <\/strong><strong>Asir<\/strong><strong>, and<\/strong> <strong>Hail<\/strong> with more heavy rain and strong winds expected. Be sure to keep your waterproof gear handy and stay safe. Meanwhile,<strong> Riyadh<\/strong>\u2019s mercury will peak at 44\u00b0C, before dropping to a low of 31\u00b0C, and<strong> Makkah <\/strong>wil see a high of 42\u00b0C and a low of 29\u00b0C.<\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Tadawul resumes trading on three companies\u2019 shares: <\/strong>Trading on the shares of <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/dwfco\" style=\"\" rel=\"noopener\">Development Works Food<\/a><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/dwfco\" style=\"\" rel=\"noopener\">Company<\/a>, <a target=\"_blank\" href=\"https:\/\/siec.com.sa\/about-us\/\" style=\"\" rel=\"noopener\">Saudi Industrial Export Company<\/a>, and <a target=\"_blank\" href=\"https:\/\/nayifat.com\/about\/?lang=en\" style=\"\" rel=\"noopener\">Nayifat Financing Company<\/a> resumed yesterday, after being suspended on Monday due to their failure to meet the deadline for disclosing 1H 2024 results, according to <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/news-details\/!ut\/p\/z1\/vVLLdoIwEP0Vu-gyJwPIwyV9oR6sIoLChhNDbGkhoETp5zdqF-rx0W6a1dw5d3Jn5g6O8QzHnGyyNyKykpNc4ig2Et02QO1aMHQmrgJeaLpW6E0U6LVxiGMcUy4q8Y4jQVLSrPOE8XuoCfqBu7haZZTVhKcZT5mMdknOmn1QkNUnE3tIxQFErXpdtxQVgYVUUNtbtbykJGc4YnyLKpqlOFoYBDSDUKRQTUNtAwDNgc4RUzq6DoqmzjsLPD0exho4BnivtjdUTR2cEHB8fdaTevBHOngvo4HmwhgcMH5XDxeefVPflxNH8g_zIsmWIpuMNTjg5aqQ_vl_XJFkTx8HiRc8j6XSwaa7gPu3-pPHkn0sl7EtL6Lkgn0JPPuHk5huuz7sbGh3TGlM_8HpubZmGeYp4Yzzx4Qz1u4IV7yrisLSChQEs6aZsCh5chd-L7PvvgHcrGBX\/dz\/d5\/L2dBISEvZ0FBIS9nQSEh\/?locale=en\" style=\"\" rel=\"noopener\">a Tadawul statement<\/a>. Trading on the companies\u2019 shares will be suspended again if they fail to publish the disclosures before market close on Monday, 9 September, and will resume once the results are published.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You can <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/rules-guidance\/capital-market-overview\/Restrictions-Periods-and-Financials-Deadline\" style=\"\" rel=\"noopener\">find here<\/a><\/strong><strong> the deadlines for financial disclosures of Tadawul and Nomu- listed <\/strong><strong>companies. <\/strong>Deadlines are based on the start and end dates of each company\u2019s financial year. Nomu-listed companies are only required to publish 1H and full-year results.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>#2- Sudanese peace talks in Geneva today: <\/strong>US Special Envoy Tom Perriello confirmed that negotiations to end Sudan's 16-month conflict will proceed despite limited signs of commitment from either the Sudanese army or the Rapid Support Forces (RSF), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/sudan-peace-talks-moving-forward-says-us-envoy-2024-08-12\/\" style=\"\" rel=\"noopener\">Reuters<\/a> writes. The Swiss-hosted talks, scheduled to start today and potentially extending to 24 August, will include observers from the African Union, Egypt, UAE, and the UN, with the location undisclosed for security reasons, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-12\/sudan-war-peace-talks-in-limbo-with-army-s-participation-uncertain\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>The Kingdom imported over SAR 116 mn worth of aromatic oils during the first five<\/strong><strong> months of <\/strong><strong>2024, while exports<\/strong><strong> during the period came in at SAR 9.2 mn<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2024\/08\/13\/article_2748312.html\" style=\"\" rel=\"noopener\">Aleqtisadiah<\/a> reports, citing Commerce Ministry data. In 2023, aromatic oil imports totaled SAR 329 mn, while exports came in at 15 mn. The high level of local demand was reflected in the launch of 423 new companies in the local sector in the first half of this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#2- The Saudi Export-Import Bank provided SAR 16.3 bn in credit facilities in 1H 2024, up<\/strong> <strong>128% y-o-y, <\/strong>it said in a <a target=\"_blank\" href=\"https:\/\/x.com\/SaudiEXIM\/status\/1823350674156851247\" style=\"\" rel=\"noopener\">post on X<\/a>. Some SAR 9.2 bn of that figure went to export ins., while the balance was allocated to export financing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The Real Estate General Authority (Rega) has registered 250k properties on its Real <\/strong><strong>Estate Registry platform (RER) <\/strong>across Riyadh, Makkah, Dammam, Madinah, and Buraidah, since the platform was launched in May 2023, Rega said in a <a target=\"_blank\" href=\"https:\/\/rega.gov.sa\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2-%D8%A7%D9%84%D8%A7%D8%B9%D9%84%D8%A7%D9%85%D9%8A\/%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D8%A7%D9%84%D8%B3%D8%AC%D9%84-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A-%D9%8A%D8%B5%D8%AF%D8%B1-%D8%A3%D9%83%D8%AB%D8%B1-250-%D8%A3%D9%84%D9%81-%D8%B5%D9%83-%D8%AA%D8%B3%D8%AC%D9%8A%D9%84-%D9%85%D9%84%D9%83%D9%8A%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%85-%D9%86%D8%B0-%D8%A5%D8%B7%D9%84%D8%A7%D9%82-%D8%A7%D9%84%D8%AA%D8%B3%D8%AC%D9%8A%D9%84-%D8%A7%D9%84%D8%B9%D9%8A%D9%86%D9%8A-%D9%84%D9%84%D8%B9%D9%82%D8%A7%D8%B1\" style=\"\" rel=\"noopener\">statement<\/a>. The RER aims to establish a real estate registry across the Kingdom to make it easier for individuals and corporations to know who has a clear title to a property when buying or selling.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Property owners in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/aab8d580-b2ce-4670-b9be-b2beb4e56d26\/egypt-focused,-lse-listed-miner-centamin-is-looking-at-saudi-arabia\" style=\"\" rel=\"noopener\">11 neighborhoods in Riyadh have until Thursday, 31 October<\/a> to register their assets with the RER.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Hail has so far put 36 investment projects up for grabs <\/strong><strong><a target=\"_blank\" href=\"https:\/\/furas.momra.gov.sa\/index.php\/en\" style=\"\" rel=\"noopener\">on the Furas platform<\/a><\/strong><strong> in 3Q 2024<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2153283\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OIL WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>Global oil markets, currently facing a deficit on the back of high summer demand, could<\/strong> <strong>shift to a surplus in the next quarter<\/strong> if Opec+ follows through with its plan to boost supplies in October, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-13\/oil-market-faces-surplus-if-opec-boosts-supply-iea-data-shows\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports citing an International Energy Agency (IEA) report. Oil inventories dipped in June by 26.2 mn barrels a day (bbl \/ d) on the back of increased summer demand. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand is covered for next year:<\/strong> Even if the Opec+ cuts stay in place, oil inventories could gain an average 860k bbl \/ d next year on the back of non-Opec+ supply, the report said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The oil carter agreed to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/23b2bb82-242d-42f7-a587-6812413add07\" style=\"\" rel=\"noopener\">begin phasing out production cuts<\/a> this fall at a June meeting in Riyadh, but said it could pause or reverse this decision depending on market conditions. A decision on this could come within a few weeks, Bloomberg said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The next checkpoint: <\/strong>The group is scheduled to meet again on Sunday, 1 December 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Roma\u2019s Paulo Dybala is reportedly the latest player to have rejected a move to the Saudi<\/strong> <strong>Pro League<\/strong>, turning down a what is said to be EUR 20 mn per season offer from Al Qadsiah, according to <a target=\"_blank\" href=\"https:\/\/romapress.net\/paulo-dybala-rejects-final-offer-from-saudi-arabia-in-favor-of-roma\/\" style=\"\" rel=\"noopener\">Roma Press<\/a>. Dybala\u2019s decision follows similar rejections by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/55597444-9f20-4fba-86a3-d76c83982058\/opec%2B-trims-its-outlook-for-growth-in-global-oil-demand-in-2024-and-2025\" style=\"\" rel=\"noopener\">Vinicius Jr<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8dce647f-6c1b-4acb-8d80-d210ae14c170\/washington-rolling-back-weapons-sale-ban-%2B-agthia-plans%253cmark%253e-saudi%253c%2Fmark%253e-expansion\" style=\"\" rel=\"noopener\">Richarlison de Andrade<\/a> earlier this month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Ahli is mulling Brentford\u2019s Ivan Toney:<\/strong> The Brentford striker is emerging as an option for Saudi clubs, especially Al Ahli which has been keen since last January, with the player yet to make a decision on moving to Saudi, sports journalist Fabrizio Romano <a target=\"_blank\" href=\"https:\/\/x.com\/FabrizioRomano\/status\/1822562810003337468?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">said on X<\/a>. The 28-year-old broke into the England national team recently \u2014 representing them for the Euros \u2014 after a career mostly spent in England\u2019s lower football league tiers. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<br \/><\/strong><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday before 7am Riyadh time \u2014 without charge, thanks to our friends at Cenomi.<br \/>***<\/p>\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a busy day in the international business press this morning<\/strong>, giving us a mix of business and political headlines. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FIRST UP- Starbucks has replaced its CEO, Laxman Narasimhan, a year and a half into <\/strong><strong>his tenure after facing pressure to make changes in the business<\/strong> from activist investor Elliott Management and former CEO Howard Schultz. The coffee chain has tapped Brian Niccol \u2014 currently Chipotle\u2019s chief executive \u2014 as its new CEO to execute a turnaround strategy after the business suffered falling sales this year and its shares have faltered. During his tenure at Chipotle since 2018, Niccol has helped lead the company\u2019s revamped performance, driving sales up and leading its shares to rise more than threefold. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARKET REAX-<\/strong> Starbucks\u2019 shares closed up 24.5% yesterday, while Chipotle\u2019s shares fell 7.5%. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/starbucks-names-chipotles-brian-niccol-ceo-2024-08-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/4f9dd365-e20f-4c42-b443-48058990a006\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/hospitality\/why-the-new-starbucks-ceo-is-worth-18-billion-0dcc0a05\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-13\/starbucks-new-ceo-brian-niccol-has-to-contend-with-crisis-and-howard-schultz\" style=\"\" rel=\"noopener\">Bloomberg<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ukraine is pushing forward with a significant cross-border advance into Russia\u2019s Kursk <\/strong><strong>region<\/strong>, where it surprised Russia last week to land \u201cits biggest battlefield gains since 2022.\u201d Ukrainian soldiers have captured an unspecified number of Russian troops, which Kyiv says can be exchanged for Ukrainian prisoners. Russia has also reportedly withdrawn some of its forces from Ukraine, although it remains unclear how many or where they will be repositioned. (<a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2024\/08\/13\/kursk-ukraine-russia-incursion\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/ukraine-kursk-incursion-we-dont-need-russian-land-2024-08-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/europe\/russia-withdraws-some-forces-from-ukraine-in-response-to-kursk-invasion-c0a11eee\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/08\/13\/world\/europe\/ukraine-russia-war-kursk-offensive.html\" style=\"\" rel=\"noopener\">New York Times<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Hamas may not participate in tomorrow\u2019s ceasefire negotiations<\/strong>, brokered by Qatar and Egypt, with a senior official from the group saying that Israel\u2019s approach to the talks is hampering progress. Benjamin Netanyahu has reportedly \u201cquietly made new demands in recent weeks, additions his own negotiators fear have created extra obstacles to [an agreement],\u201d according to <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2024\/08\/13\/world\/israel-iran-hamas-gaza-war\" style=\"\" rel=\"noopener\">the New York Times<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/nec.gov.sa\/en\" style=\"\" rel=\"noopener\">National Events Center<\/a><\/strong><strong> will host a series of event-tech workshops on the investment<\/strong> landscape of the events sector, according to state news agency <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2152577\" style=\"\" rel=\"noopener\">SPA<\/a>. The events will run for four days starting on <a target=\"_blank\" href=\"https:\/\/code.mcit.gov.sa\/ar\/bootcamp\/eventtech-experts-series\" style=\"\" rel=\"noopener\">Sunday, 18 August<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2151772\" style=\"\" rel=\"noopener\">Crown Prince Camel Festival<\/a><\/strong><strong> kicked off last Saturday and runs until Tuesday, 10<\/strong><strong> September at the Taif Camel Racing Track<\/strong>, featuring 610 rounds of racing and a purse of SAR 56 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cybersecurity training event<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.sans.org\/cyber-security-training-events\/riyadh-cyber-leaders-2024\/\" style=\"\" rel=\"noopener\">SANS Riyadh Cyber Leaders August 2024<\/a><\/strong> will run from Sunday, 18 August to Thursday, 22 August at the Hyatt Regency Riyadh Olaya. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/newglobalsportconference.com\/\" style=\"\" rel=\"noopener\">New Global Sport Conference 2024<\/a><\/strong><strong> is happening on Saturday and Sunday, 24-25<\/strong><strong> August<\/strong>, bringing together top figures from sports, esports, gaming, entertainment, and technology. This year\u2019s theme is the Future of Fandom, highlighting fans\u2019 role in building brand equity and revenue. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The eight-week <\/strong><strong><a target=\"_blank\" href=\"https:\/\/esportsworldcup.com\/en\" style=\"\" rel=\"noopener\">Esports World Cup<\/a><\/strong><strong> runs until Sunday, 25 August Riyadh\u2019s Boulevard <\/strong><strong>City<\/strong>. The world\u2019s top esports clubs are competing for a pool of USD 60 mn \u2014 the largest purse in esports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/kbltcongress.com\/\" style=\"\" rel=\"noopener\">Kingdom Business and Luxury Travel Congress<\/a><\/strong><strong> will kick off on <\/strong><strong>Wednesday, 25 September<\/strong>, at the Crowne Plaza Riyadh RDC Hotel and Convention.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Oil markets could see supply surplus next quarter<\/p>\n","protected":false},"author":1,"featured_media":88714,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[2467,866,10,565,2452,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-automotive","tag-commerce-ministry","tag-enterpriseam-ksa","tag-saudi-us-relations","tag-tadawul","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"6580c4ba-a10f-480f-8098-017383173b48","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/7\/715.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: US State Dep\u2019t confirms lifting weapons sale ban","related_issue":[88711],"teaser":"PLUS: Oil markets could see supply surplus next quarter","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.8fa49e6f-8786-4723-b44f-4b5d02d8025b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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