Saudi Arabia's Public Investment Fund has teamed up with Central Group by acquiring a 40% stake in Selfridges Group, while Central Group retains 60%, in a strategic alliance to boost Selfridges' position in the European luxury market, pending regulatory approval.

Meanwhile, Saudi Arabia has been enforcing strict legal actions, with over 23,000 penalties issued for residency and labor violations in the month of Rabi Al-Awwal, urging the public to actively report any violators.

In another collaborative effort, Saudi Arabia's investment in Selfridges, alongside Central Group, aims to strengthen the luxury department store's presence across Europe, highlighting a focus on enhancing operations and property development.

On the diplomatic front, Madinah Governor Prince Salman bin Sultan recently met with the German Ambassador to Saudi Arabia, celebrating the 34th German Unity Day and discussing further cooperation on various fronts, including Hajj and Umrah.

Turning to international affairs, Iran marked the anniversary of a Hamas attack on Israel, underscoring its significance in the Palestinian struggle, while criticizing U.S. military support for Israel amidst ongoing regional tensions.

In light of recent events, the Middle East faces increasing conflict, with over 40,000 casualties reported in Gaza, compelling the United States to navigate complex diplomatic challenges with regional players, a situation that may have far-reaching effects globally.