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The Future of Fintech and Blockchain with Amit Sharma, CEO of FinClusive
Amit Sharma, CEO and Founder of FinClusive Capital, a hybrid fin-/reg-tech company based in the United States, joins The 966 to talk digital banking, fintech and more. Finclusive, headquartered in New York, New York, is a global compliance, digital identity and payments platform for a new era of financial services.
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OPEC+ Postpones Policy Meeting By Four Days to Nov 30; Surprise Move Causes Oil to Drop
OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts by four days, to Nov. 30 from Nov. 26, the group said in a statement on Wednesday, in what many considered a surprise development sparking a further drop in oil prices, according to a report in Reuters.
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Two New Towers Planned for Saudi Arabia’s NEOM as Kingdom’s Building Boom Continues with Epicon
Two new towers aimed at attracting tourists to the Gulf of Aqaba in Saudi Arabia are set to be built in the special economic zone of NEOM as part of a new development launched last week called Epicon.
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An exclusive interview with Dr. Mehmood Khan, founding CEO of Saudi Arabia’s HEVOLUTION Foundation
The 966 speaks with Dr. Mehmood Khan, CEO of Saudi Arabia’s Hevolution Foundation, a global non-profit revolutionizing the healthspan field launched by Royal Decree and chaired by HRH the Crown Prince Mohammed bin Salman. Dr. Khan shares his journey, Hevolution’s vision and insights into how he is working to build the organization’s operations from the […]
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Fitch Affirms Saudi Arabia’s Public Investment Fund at ‘A+’; Outlook Stable
Fitch Ratings has affirmed Saudi Arabia’s Public Investment Fund’s (PIF) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘A+’ with Stable Outlook, the organization said in a press release.
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Aramco produces first unconventional tight gas at South Ghawar
Aramco has successfully produced the first unconventional tight gas from its South Ghawar operational area two months ahead of schedule. This development supports Aramco’s strategy to increase gas production by more than half, over 2021 levels, through 2030, subject to domestic demand.
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AlUla’s Ancient Kingdoms Festival Spotlights the Region’s History
The Ancient Kingdoms Festival in AlUla, Saudi Arabia returns for its second year November 16-December 2. The festival celebrates the three great oases of AlUla, Khaybar, and Tayma.
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Iranian President Meets with Crown Prince Mohammed bin Salman for First Time with Regional Stability in the Spotlight
Ebrahim Raisi has become the first Iranian president to visit Saudi Arabia in over a decade, meeting with Crown Prince Mohammed bin Salman for the first time in the Kingdom.
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Google to Launch Saudi Cloud Region this Week, VP Says
Google will launch its Saudi Arabian cloud region this week, Anthony Cirot, Google Cloud’s EMEA South VP, posted on LinkedIn this week.
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The Saudi economy and government spending with former IMF Country Head for Saudi Arabia Tim Callen, big announcements from The 966, and much more…
Tim Callen, ex-IMF Mission Chief to Saudi Arabia and Visiting Fellow at AGSIW, joins The 966 to discuss Saudi Arabia’s budget, government spending, and more. Tim’s most recent piece for AGSIW discusses how increased spending in Saudi Arabia raises risks to the Saudi budget. The hosts take advantage of Tim’s extensive experience and vast knowledge on how […]
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MUST-READS
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Iraqi government reaches deal with Kurds on oil, budget
Describing the deal as a win-win accord for the central government and Kurdish Regional Government (KRG), Zebari said it would help increase Iraq's oil exports at a time when its budget was strained by low oil prices and the war against Islamic State militants who control much of the country. Zebari, a Kurd who is part of the Baghdad government, said oil from both areas would run through a Kurdish Regional Government's (KRG) pipeline to Turkey.
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Iraq Government and Kurds Reach Deal on Oil Revenue and ISIS Fight
In a far-reaching deal with the potential to unite Iraq in the face of a Sunni insurgency, the government of Prime Minister Haider al-Abadi agreed on Tuesday to a long-term pact with the autonomous Kurdish region over how to divide the country’s oil wealth and cooperate on fighting the extremists of the Islamic State.
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Turkey, the Kurds and Iraq: The Prize and Peril of Kirkuk
The United States may currently be focused on the Islamic State, but Turkey is looking years ahead at the mess that will likely remain. This is why Turkey is placing conditions on its involvement in the battle against the Islamic State: It is trying to convince the United States and its Sunni Arab coalition partners that it will inevitably be the power administering this region. Therefore, according to Ankara, all players must conform to its priorities, beginning with replacing Syria's Iran-backed Alawite government with a Sunni administration that will look first to Ankara for guidance.
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Fleeing ISIS, Syrian Kurds Swarm into Turkey (28 Photos)
Late last week, ISIS fighters attacked a Kurdish city in northern Syria, after seizing 21 nearby villages in a major assault. The attack on the city of Ayn al-Arab, known as Kobani in Kurdish, drove hundreds of thousands of residents to flee, most heading to the nearby border with Turkey. The Associated Press is reporting that more than 150,000 Syrian Kurds have entered Turkey since the border was opened to refugees on September 19, and the United Nations warns that number could soon climb as high as 400,000
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ISIS vs. the Kurds
The fighting between ISIS and the Kurds stretches along a six-hundred-and-fifty-mile front in northeastern Iraq—a jagged line that roughly traces one border of Iraqi Kurdistan, the territory that the Kurds have been fighting for decades to establish as an independent state. With as many as thirty million people spread across the Middle East, the Kurds claim to be the world’s largest ethnic group without a country. Iraqi Kurdistan, which contains about a quarter of that population, is a landlocked region surrounded almost entirely by neighbors—Turkey, Iran, and the government in Baghdad—that oppose its bid for statehood.
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West widens contacts with Syria’s Kurds but suspicion remains
In Iraq, Kurds are one of the main Western allies against Islamic State. But in Syria, where Kurdish militia have carved out a swathe of northern territory and repeatedly battled against Islamic State during a three-and-a-half year civil war, Kurds have yet to win the West's acceptance as partners. The main Kurdish political party in Syria, the PYD, and its armed wing, the YPG, say they are obvious allies for Western states as the only force with a proven track record of combating Islamic State there. The Kurds are dismissive of the moderate Syrian opposition that has been backed by the West but outgunned by Islamist groups.
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