Organization

Saudi Arabia

country in West Asia

Also known as Kingdom of Saudi Arabia, Saudi

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In the news

coverage spread: L38/C25/R38

EU approval of Saudi PIF EA deal

The European Commission has approved Saudi Arabia's Public Investment Fund-led $55 billion acquisition of Electronic Arts, with the deal cleared under EU merger rules after regulators found no competition concerns. It is also being reviewed under the EU's Foreign Subsidies Regulation, with a decision due by July 30, highlighting a landmark investment in gaming and entertainment while EA remains headquartered in California.

5 sources

Photo: U.S. Navy photo by Mass Communication Specialist 2nd Class Kristopher Wilson / Wikimedia Commons (Public domain)

Oman seeks Yemen talks restart after Houthi attack

Oman is coordinating with Saudi Arabia, Yemeni parties, and the UN envoy to resume political talks and de-escalate tensions in the Red Sea after Houthi attacks threaten shipping, aiming to secure regional stability and safe navigation. The foreign ministry stresses avoiding escalation and pursuing a diplomatic track to end the conflict and stabilize the region.

6 sources

Photo: MODIS Land Rapid Response Team, NASA GSFC / Wikimedia Commons (Public domain)

Gulf nations plan new pipelines to bypass Hormuz

Gulf nations, including the UAE, are investing heavily to bypass the Strait of Hormuz by expanding port capacity outside the strait and by building multiple pipeline routes to the Red Sea, Suez Canal, and Gulf of Oman. Projects range from DP World’s Al Rugaylat and Dibba terminals in the UAE to seven or more major pipelines under construction or planned, with timelines spanning a few years and the aim of reducing exposure to Hormuz disruptions and boosting resilience for oil exports.

5 sources

EU Approves Etcamah in First-Line ER+ Breast Cancer

AstraZeneca’s Etcamah (camizestrant) won EU approval to be used with CDK4/6 inhibitors as a first-line treatment for ER-positive, HER2-negative advanced breast cancer in patients with ESR1 mutations, based on SERENA-6 trial results showing a 56% reduction in progression or death. The drug already has approvals in Japan, the UAE, and Saudi Arabia, with U.S. review ongoing and the EU decision highlighting its potential to expand AstraZeneca’s oncology footprint as it targets endocrine-resistant disease.

8 sources

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Key facts

Country: Saudi Arabia
Inception: 1727, 1447, 622
Website: http://www.saudi.gov.sa

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