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Saudi Arabia signs $533m deals with Africa; PIF Plans Investment Announcements – Reports
Saudi Arabia signed over SR2 billion ($533 million) worth of agreements with African countries during a special conference in a “significant boost to the Kingdom’s ties with the continent,” according to reports.
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Saudi Arabia to Convene Emergency Arab Summit in Riyadh ‘In the Next Few Days’ and Will Postpone Arab-African Summit
Saudi Investment Minister Khalid Al Falih said the Kingdom would convene an emergency Arab summit in Riyadh “in the next few days” to discuss the ongoing war in Gaza.
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Saudi Arabia Launches Separate Real Estate Registry, Indicators Platforms – Report
Saudi Minister of Municipal and Rural Affairs and Housing and Chairman of the Board of Directors of the Real Estate General Authority Majid al-Hogail launched on Monday the Real Estate Registry platform and the Real Estate Indicators platform on the sidelines of the Saudi Proptech Summit, according to a report in the Saudi-owned Asharq Alawsat.
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Saudi Arabia Eyes Stake in $30 Billion Indian Cricket League – Report
Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), international cricket’s most lucrative event, Bloomberg reports.
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MasterCard’s Maria Medvedeva joins The 966 to talk payments, fintech and more; plus more on Leyja at Neom
In Episode 110, Maria Medvedeva, Vice President, Saudi Arabia and Bahrain for MasterCard joins to discuss the company’s KSA strategy, fintech, payments, innovation, and her experiences living and working in a changing and evolving Saudi Arabia. Maria, based in Riyadh with her family, is responsible for Mastercard’s growth strategy and delivering innovative payment experiences for […]
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Saudi Arabia Set to Host World Cup in 2024 as Competitors Drop Out
Saudi Arabia is on the brink of hosting the 2034 World Cup after competing bidder Australia dropped its candidacy to host the global event, marking another milestone in Saudi Arabia’s efforts to develop sports as a contributor to its economic diversification goals.
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Habitas to Manage Neom’s Annonuced Mountain Destination Leyja with 120 Rooms
Saudi Arabia’s mountain destination of Leyja, announced last month, will be managed by high-end brand Habitas, according to a report.
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Saudi Arabia’s AlUla Reveals Winning Design for New Airport Terminal
The Royal Commission for AlUla (RCU) has unveiled the winning design for AlUla’s new airport terminal in Saudi Arabia following a global competition, according to a report. The winning design was announced last week at the Kingdom’s 7th Future Investment Initiative conference in Riyadh.
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Saudi defense minister expected to visit White House on Monday – Axios Report
Saudi Arabian Defense Minister Prince Khalid bin Salman is expected to visit Washington on Monday for meetings with senior Biden administration officials, according to a report in Axios which cited three sources.
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The 966 talks with Mohammed Ghazi and Abdulhadi Azouz, the two guys behind Saudi Arabia’s hottest drone and aerial film production company
Chances are if you’ve seen any of the high-quality, professionally-produced promotional videos from Saudi government authorities or leading Saudi companies anywhere online, you’ve seen some incredible drone footage of Saudi Arabia. The 966 welcomes on to the program for Episode 109 Mohammed Ghazi and Abdulhadi Azouz from the aerial drone production company AZAerials, which films many of these amazing shots for high-profile […]
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MUST-READS
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Israel’s Angst Over Qatar Sale Could End Boeing’s F-15 Line
Israeli angst over the potential US deal with Qatar, which is looking to build its fleet up to 72 fighters, has resulted in a two-year delay that has already driven Doha to embrace the French Rafale as an alternative to a portion of the fighters initially planned for purchase from the US.
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Boeing Shakes Up Defense Leadership Week After Losing Bomber Deal
In 2013, Boeing’s defense business made $33.2 billion. Boeing’s commercial airplane business made $66 billion in 2015, up $6 billion from the previous year.
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Boeing Cleared for Iran Talks After $27 Billion Airbus Haul
The U.S. government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the country’s resurgent aircraft market, Boeing said Friday. The planemaker will still need a separate license to complete any commercial jetliner sales.
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Saudi Arabia to get two Boeing B787-9 Dreamliner
Two Boeing B787-9 Dreamliner are scheduled to be officially delivered to the Saudi Airways this week. The Saudi airlines company announced that six other Boeing B787-9 Dreamliner will be delivered in 2016-2017.
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Saudi Arabia’s Flynas in Talks With Boeing, Airbus for 100 Jets
Saudi Arabia’s low-cost carrier Flynas is talking to Airbus Group SE, Boeing Co. and Bombardier Inc. about a potential order for 100 new aircraft, after the carrier posted a profit in 2015 for the first time in its history.
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As Boeing Turns 100, Defense Ops Look Pivotal To Its Future Performance
In fact, the company has gone from a nearly even split between defense and commercial revenues during Obama’s first year ($33.7 billion versus $34.1 billion) to a lopsided mix in which commercial jetliner sales now account for over two-thirds of total revenues.
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Lockheed, Boeing Expand Presence in UAE
The world's two largest defense companies are expanding their presence in the United Arab Emirates, in what both firms describe as a sign of the regional market's growing importance.
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Boeing says ‘difficult to predict’ when Iran can start sales talk
Boeing cannot engage in any commercial talks with Iran until the sanctions are lifted and the July agreement still needs to be ratified by the US Congress.
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Boeing Sees Middle East Needing $730 Billion in New Airplanes Over Next 20 Years
Boeing Co. said Wednesday it forecasts airlines in the Middle East will require 3,180 new airplanes over the next 20 years, valued at an estimated $730 billion.
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MidEast in talks with Boeing unit for up to 150 drones
Middle Eastern countries are in talks with a unit of the Boeing Company to buy up to 150 drones, a senior executive has revealed.
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