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With Hajj Beginning on Wednesday, Saudi Arabia Welcomes Millions from 178 Countries
Saudi Arabia is making final preparations and welcoming millions of pilgrims into its borders for the annual Hajj pilgrimage, which begins Wednesday and lasts until September 4. The hajj is one of the five pillars of Islam, which capable Muslims must perform at least once, marking the spiritual peak of their lives. Worshippers from over […]
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Looking East, Saudi Arabia Plans $20b Investment Fund with China, Al-Falih Says
Saudi Energy Minister Khalid al-Falih said that the Kingdom and China plan to establish and operate jointly a $20 billion investment fund, sharing costs and profits on a 50:50 basis, according to a Reuters report based on comments from the minister. H.E. Al-Falih, who is Saudi Arabia’s Minister of Energy, Industry, and Mineral Resources, was […]
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Kushner Flies to Jeddah, Saudi Arabia to Meet with Crown Prince Mohammed bin Salman
Senior advisor to President Trump Jared Kushner was in Jeddah on Tuesday as part of a US delegation that met with Saudi Arabia’s Crown Prince Mohammed bin Salman. According to reports, the US delegation also included Jason Greenblatt, special presidential representative for international negotiations, and Dina Powell, deputy national security advisor for strategy. The delegation […]
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Saudi Government Says It Will Charge Offenders Accused of Spreading Hate Speech Online
Saudi Arabia’s Department of Public Prosecution will now have the “powers to charge offenders who are accused of spreading hate speech, creating social conflict and threatening peace and security through social media channels,” according to a Bloomberg story, which cited a government statement. The statement accompanied the “summoning” of social media users who were “called in” […]
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U.S., Saudi Forces Conduct Joint Military Exercise in Tabuk, Saudi Arabia
U.S. and Saudi Arabia’s ground forces on Thursday concluded a joint military exercise, translated as “Earnest Leader 2017” in Tabuk, Saudi Arabia. The exercise “aimed to develop and strengthen military relations, plans and programs between the two countries.” The joint exercise was held in the presence of Maj. Gen. Dhafer bin Ali Al-Shehri, commander of the Northwest […]
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Vision 2030 Opportunities ‘Unprecedented in the Region’, HSBC Exec Says as Bank Plans Saudi Expansion
HSBC is planning to add staff to its Saudi Arabian operations as the kingdom embarks “on one of the biggest economic transformations attempted by any country,” the bank’s regional chief Georges Elhedery told Reuters, via the New York Times. HSBC, which started as the Hong Kong and Shanghai Bank and is now based in London, is a […]
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Plans to Tap Massive Tourism Potential for Saudi Arabia’s Red Sea Unveiled
Saudi Arabia wants to turn hundreds of miles of its Red Sea coastline into a global tourism destination, according to an announcement by the government’s Public Investment Fund (PIF) and reports. The development will include “50 islands and 34,000 square kilometers — an area bigger than Belgium — between the cities of Umluj and Al Wajh […]
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WHO Says Saudis are ‘Well-Prepared’ To Handle Cholera Risk at September’s Hajj
The World Health Organization (WHO) said on Friday that Saudi Arabia’s authorities are “well prepared” to handle annual and new challenges surrounding the Hajj pilgrimage this year, taking place in September. Notably, a cholera epidemic in Yemen, which has infected more than 332,000 people, could spread during the world’s largest annual gathering, the World Health Organization […]
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New Labor Data from Saudi Government Shows Surge in Women in Workforce, High Expat Labor
More and more women are joining the workforce in Saudi Arabia, official data show, as the Kingdom looks to increase female participation in the workforce as part of its Vision 2030 economic and social reforms. From 215,000 in 2012, the number of women in the private sector jumped to 496,000 in 2016, an average of […]
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Reports Former Crown Prince Confined to Palace ‘Baseless’, Official Tells Reuters
A senior Saudi official on Thursday denied as “baseless” a New York Times report that Prince Mohammed bin Nayef has been confined to his palace in Jeddah and barred from traveling abroad, according to a Reuters report. The original report in the New York Times cited four current and former American officials and Saudis “close […]
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Saudi Arabia: Pilgrims urged to avoid crowding as Umrah peaks
Saudi authorities have exhorted Muslims performing Umrah to avoid crowding as the minor pilgrimage season reaches its peak in the holy city of Mecca. The Ministry of Hajj and Umrah has urged the faithful to manifest altruism to head off congestion and jostling at the Grand Mosque, Islam’s holiest place.
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Saudi ASaudi Arabia: Expat undercover vendors barred from Jeddah marketrabia: Expat undercover vendors barred from Jeddah market
Saudi market authorities have barred non-Saudis illegally pursuing business from entering a wholesale vegetable market in the port city of Jeddah, according to a media report. The Public Market Management Department at the Saudi Ministry of Environment, Water and Agriculture in Mecca, has requested expatriates to show up with their employers in a restriction aimed to support efforts to localise jobs for Saudi citizens, news website Sabq has reported.
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Secretary Blinken’s Call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud
Secretary of State Antony J. Blinken spoke today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud. Secretary Blinken updated the Foreign Minister on his trip to Israel, and discussed ongoing efforts to achieve an enduring end to the crisis in Gaza that provides lasting peace and security for Israelis and Palestinians alike and the establishment of a Palestinian state with security guarantees for Israel. The Secretary and the Foreign Minister pledged to continue close coordination to increase humanitarian assistance to civilians in Gaza.
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Saudi-Backed Chinese VC to Raise $1 Billion for Mideast Startups
A Chinese venture capital firm backed by a unit of Saudi Arabia’s Public Investment Fund is planning to raise $1 billion to back technology startups in the Middle East. MSA Capital is currently in talks with regional investors to finalize plans to launch the fund within the year, according to Managing Partner Ben Harburg. “Our objective is to play at later stages and write bigger tickets in those pre-IPO rounds, then we can take them public,” Harburg said in an interview.
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Saudi foreign minister meets UNRWA chief in Riyadh
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received Philippe Lazzarini, commissioner general of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), and his accompanying delegation at the ministry’s headquarters in Riyadh on Thursday. During the meeting, they reviewed the cooperation between Saudi Arabia and UNRWA and the ways to further enhance it.
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Lexi Thompson, Linn Grant and Leona Maguire among Solheim stars at Aramco Saudi Ladies International
Lexi Thompson headlines next week’s Aramco Saudi Ladies International field on the Ladies European Tour. The event, held this year at Riyadh Golf Club Feb. 15-18, offers a purse of $5 million, the same as the payout of the men’s PIF Saudi International. The 28-year-old Thompson, whose last worldwide victory came at the 2022 Aramco Team Series event in New York, last teed it up at the LPGA Drive On event in January where she tied for 16th. She is not listed in the fields of the LPGA’s upcoming Asian swing.
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Pakistan counts votes in poll hit by violence and suspended mobile services
Pakistan began counting votes after polling ended on Thursday in a general election marred by militant attacks and suspension of mobile phone services, with authorities saying that at least nine people had been killed nationwide. The vote was held as the South Asian country struggles to recover from an economic crisis while it grapples with rising militant violence in a deeply polarised political environment.
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Netanyahu calls Hamas ceasefire proposal ‘delusional’ but Blinken sees scope for progress
Israeli Prime Minister Benjamin Netanyahu on Wednesday rejected Hamas' latest offer for a ceasefire and return of hostages held in the Gaza Strip, but U.S. Secretary of State Antony Blinken said there was still room for negotiation toward an agreement. Hamas, the Palestinian militant group that rules Gaza, proposed a ceasefire of 4-1/2 months, during which all hostages would go free, Israel would withdraw its troops from Gaza and an agreement would be reached on an end to the war.
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Catwalk aims to preserve Arabian leopards in Saudi Arabia
Catwalk, an initiative organized by Catmosphere, serves as an annual celebration in honor of the declaration last year by the UN designating Feb. 10 as the International Day of the Arabian Leopard. Through a variety of social activities such as this, the nonprofit organization Catmosphere, founded by Princess Reema bint Bandar, aims to prevent the Arabian leopard from becoming extinct, to educate participants about the animal, and connect people with their environment.
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Local content rate surges to 43% in Saudi Arabia , with a 20% jump in spending
Abdulrahman Al-Samari, CEO of the Local Content and Government Procurement Authority, said that the growth rate of local content in Saudi Arabia has now reached 43 percent. The spending on content has increased by 20 percent. This is in addition to activating signed agreements to serve companies operating in the Kingdom, he said. Al-Samari made the remarks while addressing a dialogue session at the PIF Private Sector Forum in Riyadh on Wednesday. The dialogue session is titled “Supporting local content to empower the private sector.” Those who addressed the session also included Ma’aden CEO Robert Wilt, Managing Director of Cisco Salman Faqeeh, and Director of the National Development Division at the Public Investment Fund Jerry Todd.
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