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Custodian of the Two Holy Mosques, Ruler of Saudi Arabia, and King of Twitter
- June 1,2017
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- SUSTG Team
Saudi Arabia’s King Salman is ruler of more than just the Kingdom of Saudi Arabia. King Salman is the world leader whose original Tweets generate the most Retweets, according to the latest “Twiplomacy” study by the communications firm Burson-Marsteller. But unlike President Trump, King Salman publishes sparingly, with only 10 Tweets posted during the study. And […]
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Gulf Spat Following President Trump’s Visit to Saudi Arabia Tests GCC Unity
- May 31,2017
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- SUSTG Team
Tensions continue to run high for a sixth straight day in the GCC between Saudi Arabia and Qatar regarding relations with regional rival Iran, according to reports. Despite a strong show of unity for the recent visit of President Trump to the Kingdom, “[t]ensions in the Gulf were laid open for a sixth day, with […]
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Deputy Crown Prince Mohammed bin Salman in Moscow to Meet with Russian President Vladimir Putin
- May 30,2017
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- SUSTG Team
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and Russian President Vladimir Putin met today in Moscow as the Kingdom and Russia work together on oil production cuts, Reuters reports. Russia and Saudi Arabia played key roles in a successful global deal which saw oil production curtailed by 1.8 million barrels per day as part of […]
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VAT Draft to Hit General Authority of Zakat and Tax in ‘Weeks’
- May 25,2017
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- SUSTG Team
Saudi Arabia’s General Authority of Zakat and Tax will publish the value-added tax (VAT) draft on its electronic portal within the next two weeks, Reuters reports, citing local media reported. The General Authority for Zakat and Tax announced on Sunday that the implementation of 5% VAT starting January 2018 “will have no exceptions.” This 5% […]
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New Life for the 15 Year Old Abdullah Arab Peace Initiative?
- May 24,2017
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- SUSTG Team
At a summit in Beirut in March 2002, then-Saudi Crown Prince Abdullah unveiled an initiative to achieve peace between Israelis and Palestianians. The Arab Peace Initiative set out a comprehensive proposal calling for full Israeli withdrawal from all the Arab territories occupied since June 1967, Israel’s acceptance of an independent Palestinian state with East Jerusalem as […]
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Counting The US-Saudi Deals: A Look at What We Know So Far following President Trump’s Visit to Saudi Arabia
- May 23,2017
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- SUSTG Team
Bloomberg and naturalgasintel.com feature a thorough rundown of all of the deals that were announced during the recent visit by President Donald Trump to Saudi Arabia. While the total remains unknown, the deals are estimated to be valued between $300 and $400 billion. Aerospace, Arms and Defense – $110 billion U.S. Department of Defense and Saudi […]
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Following President Trump’s Visit, U.S.-Saudi Business and Diplomatic Ties Reach New Heights
- May 22,2017
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- SUSTG Team
The two-day visit by President Trump and top members of his family and staff to Riyadh, Saudi Arabia marks a new height in the history of U.S.-Saudi diplomatic and business relations as the warm Saudi embrace of President Trump was on full display in the Kingdom. President Trump’s visit amounted to a bonanza for large, established American companies […]
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Flurry of Business Activity in Riyadh as SoftBank To Launch $100 billion Fund during President Trump’s Visit, One of Many Deals Slated for Busy Weekend
- May 19,2017
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- SUSTG Team
Japan’s richest man and Softbank CEO Masayoshi Son will travel to Saudi Arabia and announce the close of the first fundraising round for what will be the world’s biggest private equity fund, backed by Saudi Arabia’s sovereign wealth fund and Apple Inc., according to a Reuters report. The expected launch of the $100 billion Vision Fund […]
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Overview of Saudi Arabia’s Drive Toward Privatization
- May 17,2017
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- SUSTG Team
Saudi Arabia’s push toward privatization is a key component of the government’s ambitious Vision 2030 economic and social reform program, and necessary for the Kingdom’s goals of diversifying its economy away from petroleum revenue dependency. The news service Reuters provides a “factbox” list of Saudi Arabia’s sectors that are making progress toward privatization, and encouraging […]
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Riyadh Summit 2017: Website Launched for Upcoming Events Connected to President Trump’s Visit to Saudi Arabia
- May 16,2017
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- SUSTG Team
A website has been launched detailing the events connected to the arrival of President Donald Trump to Riyadh, Saudi Arabia, his first visit abroad as President. The ‘Riyadh Summit 17′ is a series of events over two days to highlight U.S.-Saudi and Islamic relations. The website URL is https://www.riyadhsummit2017.org/. “The Kingdom of Saudi Arabia welcomes President […]
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US approves possible sale of torpedoes to Saudi Arabia: Pentagon
The State Department approves the possible sale of 20 MK 54 MOD 0 Lightweight Torpedoes to Saudi Arabia for $78.5 million, according to the Pentagon. “The proposed sale will improve Saudi Arabia’s capability to deter current and future threats by upgrading its anti-submarine warfare capabilities,” the Pentagon says. Pentagon chief Lloyd Austin has repeatedly reaffirmed to Saudi Arabia’s Defense Minister Prince Khalid bin Salman Washington’s commitment to the Kingdom’s defense and thanked him for Riyadh’s work to promote calm in the Middle East.
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Which sporting events is Saudi Arabia hosting in 2025?
On the back of the busiest sporting year Saudi Arabia has ever had, punctuated by news of the nation’s successful 2034 FIFA World Cup bid, the 2025 calendar is looking equally packed with world-class competition. Kicking off with the Dakar Rally in January, the Kingdom will host many of the biggest names in sport over the next 12 months, welcoming the world’s leading athletes across a range of events. Al Arabiya English explores what sporting events will be hosted by Saudi Arabia in 2025.
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All 6 lines of Riyadh Metro operational with rollout of Orange Line
The Line 3 (Orange Line) covering Madinah Road would connect the east of Riyadh to its west, and extends from Jeddah Road in the west to the second eastern ring road adjacent to the Khashm Al-Aan area in the east with a total length of 41 km. This marks the completion of the phased operation of the six lines of the Riyadh Metro network according to the plan previously announced when the project was inaugurated by Custodian of the Two Holy Mosques King Salman on Nov. 27, 2024. The RCRC said in a statement that at 6:00 am on Sunday, passengers will be received on the Orange Line at the following five stations: Jeddah Road Station, Tuwaiq Station, Douh Station, Harun Al-Rashid Road Station, and Al-Naseem Station, which is one of the transfer stations that connects the Orange Line and the Purple Line. The commission also announced the operation of three new stations on the Blue Line that connects the Olaya Street to Batha and these are Al-Morooj Station, Bank Al-Bilad Station, and King Fahd Library Station. Three lines that started operations in the initial phase on Dec. 1 were the 1st line (Blue Line); 4th line (Yellow Line); and the 6th line (Purple Line). In the second phase, two more lines — Line 2 (Red Line) and Line 5 (Green Line) — became operational on Dec. 15.
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Cristiano Ronaldo Talks Life In Saudi Arabia, Growth Of Saudi Pro League
Since Ronaldo's arrival in the SPL, the league has grown leaps and bounds. Players like Karim Benzema, Neymar, Riyad Mahrez, Sadio Mane, and more are now in the SPL. Cristiano Ronaldo said about the growth: For me, it is an honour that the league is growing and many star players are coming to make the league even better and more competitive. To be the first one -- let's say a star -- to come here is an honour, but what I'm looking forward to is the next five to 10 years of the league still improving. Not only the first teams, but also the academies.
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Major Saudi Food Company Exits Iran After 20 Years
The Saudi Arabian group SAVOLA has sold all its assets in Iran for 705 million Saudi riyals (approximately $188 million) and is exiting the country. SAVOLA, the largest Saudi investor in Iran, had invested in the production of cooking oils, including the brands Ladan, Bahar, and Nastaran. SAVOLA Food Company in Iran, a subsidiary of the larger SAVOLA Group, was engaged not only in the production and distribution of edible oils but also in seafood, industrial bread, and confectionery products. Iranian media outlets, including 7sobh, have speculated that the decision to sell and exit the country is linked to Donald Trump‘s re-election in the U.S. and his impending return to office. However, according to a statement issued by SAVOLA Group on Wednesday, January 1, the company’s withdrawal from Iran was “in line with the group’s strategy to exit non-core markets at the right time.”
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Milan star thanks Saudi fans for inspiring Supercoppa comeback
Milan forward Tammy Abraham has hailed the impact of the support in Riyadh as his side booked their place in the Supercoppa Italiana final. The Englishman and his teammates trailed Juventus 1-0 in the closing stages before a Christian Pulisic penalty and bizarre own goal turned the contest on its head. Following the fightback, Milan's reward for victory in coach Sergio Conceição's first game in charge is a final against Inter with Supercoppa glory at stake in Saudi Arabia. "Thank to you everyone who came to watch the game and supported us today. It was a beautiful atmosphere in a beautiful country, a beautiful support," Abraham said afterwards.
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Iran FM says ties with Saudi Arabia are progressing despite gradual pace
Speaking in an interview with China Media Group (CMG), Araghchi said that the newly restored Iranian-Saudi ties have a lot of potential that haven’t been exploited yet. The interview was conducted late last month in Beijing, but was aired on January 4. Araghchi added that the biggest achievement was reaching the decision to revive the relations that remained frozen for years, adding that both sides have benefited from the revival of ties.
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‘Next Saudi Generation Program’ Launched to Support Saudi Talent in Motorsports
The Saudi Automobile and Motorcycle Federation (SAMF) has launched the Next Saudi Generation Program to support and develop Saudi talent in motorsports. The program, conducted in collaboration with the Saudi Motorsport Company and under the supervision of the Ministry of Sport, aims to empower Saudi youth and provide opportunities for future champions—both men and women—to explore rally racing and integrate into the world of motorsports. As part of this initiative, five drivers and their co-drivers were selected: Fahd Al-Marmash with co-driver Hossam Al-Zahrani, Hamza Bakhshab with co-driver Fahd Al-Omar, Abdullah Al-Shaqawi with co-driver Raed Al-Assaf, Merihan Al-Baz with co-driver Waleed Al-Sheqawi, and Fatima Banaz. These participants will compete for the first time in the Saudi Rally 2025, the Kingdom’s most prestigious and challenging motorsports event, hosted by Saudi Arabia for the sixth consecutive year. The selection of these competitors occurred during the Qassim Rally, a key round of the Saudi Rally Championship.
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How Artificial Intelligence Will Affect Asia’s Economies
Asia-Pacific’s economies are likely to experience labor market shifts because of artificial intelligence, with advanced economies being affected more. About half of all jobs in the region’s advanced economies are exposed to AI, compared to only about a quarter in emerging market and developing economies. However, as we show in our latest Asia-Pacific Regional Economic Outlook, there are also more jobs in the region’s advanced economies that can be complemented by AI, meaning that the technology will likely enhance productivity rather than replace these roles altogether. The concentration of such jobs in Asia’s advanced economies could worsen inequality between countries over time. While about 40 percent of jobs in Singapore are rated as highly complementary to AI, the share is just 3 percent in Laos.
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In a year, Saudi gifted students get 107 global awards, with over 582,000 students competing nationally.
Saudi Arabia's national teams who competed in international science and academic contests had tremendous success, winning 107 global awards across 25 events held between September 2023 and September 2024. This milestone brings the Kingdom's total, as represented by King Abdulaziz and his Companions Foundation for Giftedness and Creativity (Mawhiba), to 842 global awards. Domestically, over 582,000 students participated in national competitions organized by Mawhiba during the same period. A Mawhiba report, released in conjunction with the Saudi National Day, revealed that 37,720 students took part in the Mawhoob Competition, while 42,702 students joined the Kangaroo Mawhiba Math Competition. Additionally, 32,094 students participated in the Bebras Mawhiba for Informatics, and the National Olympiad for Programming and AI (ATHKA) attracted 260,308 participants.
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