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The MENA region gets hotter as a global heat wave hits 3 continents, the Islamic New Year, Saudi Arabia outranks the US in expat survey and much more…
- July 21,2023
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- SUSTG Team
Episode 95! The hosts discuss some of the biggest storylines and topics on Saudi Arabia this week. First, Richard’s One Big Thing this week, the Islamic new year. Muslims around the world observe and celebrate the Islamic New Year, also called the Hijri New Year, which marks the beginning of a new lunar Hijri year. […]
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Non-Oil Business Activity in Saudi Arabia Surged in June 2023 as Tourism, Construction Sectors Lift Economy
- July 5,2023
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- SUSTG Team
Non-oil business activity in Saudi Arabia surged in June supported by strength in construction and tourism, a survey showed.
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Airbus, Saudi Company Scopa Group Agree to $6.7 Billion Helicopter Pact as Paris Air Show Kicks Off
- June 19,2023
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- SUSTG Team
Airbus SE has signed an investment agreement worth more than 25 billion riyals ($6.7 billion) to build military and civilian helicopters in Saudi Arabia with a local defense company called Scopa Group, Bloomberg reports.
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Saudi Center for Commercial Arbitration CEO Dr. Hamed Merah joins The 966, LIV Golf in DC and much more…
- June 2,2023
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- SUSTG Team
The 966 talks about the state of business dispute resolution in Saudi Arabia with the CEO of the Saudi Center for Commercial Arbitration, Dr. Hamed Merah, who joins from Riyadh. The 966 talks with Dr. Merah about the SCCA’s rise as a leading dispute resolution body in the region and increasingly, globally. As Saudi Arabia […]
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‘Salmani’ Architecture, VIA Riyadh opens, rainfall record shattered in Saudi Arabia and much more…
- May 19,2023
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- SUSTG Team
Episode 87! The hosts explore overlapping topics in Salmani architecture and an evolving Riyadh city under King Salman for decades. Kicking things off, Richard’s One Big Thing is the rise of Salmani Architecture – a term the hosts have come across in recent months that is important in understanding the current and new face of […]
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Saudi Arabia’s Red Sea Global Weighs Public Offering as Soon as 2026 – Report
- May 8,2023
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- SUSTG Team
Red Sea Global, the company behind a major tourism destination on Saudi Arabia’s Red Sea coast is considering a possible public market offering as soon as 2026, the CEO said in comments reported by Bloomberg.
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U.S. State of Arizona Blocks Saudi Company Fondomonte from Drilling 2 More Wells on State Land
- April 25,2023
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- SUSTG Team
A Saudi-owned company that farms alfalfa in the U.S. State of Arizona has been blocked from drilling two new wells in the drought-stricken state, according to local reports.
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STC Expands in Europe with Acquisition of Portfolio of Tower Assets in Europe
- April 20,2023
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- SUSTG Team
TAWAL, a unit of Saudi Telecom Company (stc), agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe’s telecoms market,” Reuters reports.
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Secretary Blinken, Saudi Foreign Minister Prince Faisal bin Farhan Al Saud Speak by Phone as Middle East Diplomacy Heats Up
- April 19,2023
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- SUSTG Team
U.S. Secretary of State Antony Blinken spoke with Foreign Minister Prince Faisal bin Farhan Al Saud by phone on Tuesday to talk about regional diplomatic issues, including Yemen, according to a statement by the State Department.
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US EIA: Non-OPEC Countries will Account for a Higher Percentage of Oil Production Gains this Year and Next
- April 12,2023
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- SUSTG Team
Non-OPEC countries will account for a higher percentage of oil production gains this year and next, the U.S. Energy Information Administration predicted on Tuesday – a reversal of the last two years.
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Afghanistan’s military collapse: Illicit deals with Taliban and mass desertions
The spectacular collapse of Afghanistan’s military that allowed Taliban fighters to walk into the Afghan capital Sunday despite 20 years of training and billions of dollars in American aid began with a series of deals brokered in rural villages between the militant group and some of the Afghan government’s lowest-ranking officials.
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Biden administration tries to mobilize international diplomatic effort to halt Taliban
In the largest such gathering since U.S.-Taliban talks began nearly two years ago, representatives from Russia, China, Afghanistan’s regional neighbors, European powers, the European Union, the Organization of Islamic Cooperation and the United Nations have converged on Doha, Qatar, for U.S.-led meetings with the militants.
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Saudi Arabia to place travel ban on those involved in commercial fraud
The Saudi cabinet has issued a decison authorising the Public Prosecution to put a travel ban on those held on charges of fraud, pending a final court ruling. The move also stipulates that the Ministry of Interior, once a final judgment is issued convicting a non-Saudi of commercial fraud, shall deport the convict from the Kingdom and ban them from re-entering. This is in accordance with regulations set by the Ministry of Interior, the Ministry of Commerce and Ministry of Investment.
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Taliban complete northeast Afghan blitz as more cities fall
The Taliban seized three more provincial capitals in Afghanistan and a local army headquarters completing their blitz across the country’s northeast and pressing their offensive elsewhere, officials said Wednesday. The insurgents now control some two-thirds of the nation as the U.S. and NATO finalize their withdrawal after a decades-long war there.
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Saudi Arabia Lifts a Ban on Foreign Pilgrims Heading to Mecca
Saudi Arabia has resumed allowing travelers from abroad to make a pilgrimage to Mecca, the kingdom announced this week, a new easing of the restrictions imposed last year to prevent the spread of Covid-19 at the Islamic holy sites.
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Saudi Arabia says assistance to Lebanese depends on serious reforms – Cabinet
Saudi Arabia reiterated on Tuesday its solidarity with the Lebanese people, but said any assistance to current or future government depends on serious reforms, state news agency SPA reported, citing a statement by the Saudi Cabinet. “Any assistance provided to the current or future government depends on it carrying out serious and tangible reforms, while ensuring that aid reaches its beneficiaries, and avoiding mechanisms that enable corrupt people from controlling the fate of Lebanon,” the Cabinet said.
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Six More Afghan Provinces Fall to Taliban
The insurgents have encircled the country and besieged the cities. They now control most border passes into the landlocked country. Billions of dollars in customs revenues are being lost to the cash-strapped government. More than a million people have been displaced by fighting, and inflation has hit double digits.
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In Lebanon, Discontent Grows With Hezbollah’s Political, Military Might
There is growing discontent among Lebanese with political and military powerhouse Hezbollah calling the shots in the country. Analysts say a 2006-style confrontation with Israel, which bolstered its militia image then, is not an option for Iran-backed Hezbollah now, as it's seen as part of the problem. Even Lebanon's influential Maronite Catholic Patriarch is calling on the beleaguered country's army to "confront Hezbollah for the sake of Lebanon."
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Brawls over scarce fuel in Lebanon turn deadly, 3 killed
Tensions over scarce fuel supplies in Lebanon descended into deadly violence on Monday — including knives, guns and a hand grenade — that killed three men, the country’s news agency reported. Lebanon has faced months of severe fuel shortages that have prompted long lines at gas stations and plunged the small country, dependent on private generators for power, into long hours of darkness.
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MHRSD identifies eight jobs banned for expats in malls
These professions include the positions of branch manager, section manager, section supervisor, branch assistant manager, sales’ specialist, fund accounting supervisor, marketing specialist and customer service, the ministry said in a statement on its Twitter account. The ministry’s clarification came after it began implementing total Saudization of malls effective from Aug. 4, in all regions of the Kingdom. Meanwhile, the field monitoring teams from the ministry started inspection tours of malls across the Kingdom.
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