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Saudi Arabia’s PIF Invests $100 Million in the US-based Professional Fighters League Mixed Martial Arts
Saudi Arabia’s Public Investment Fund, using a new investment vehicle, will reportedly make the Kingdom’s first foray into mixed martial arts (MMA) by investing $100 million in the US’s Professional Fighters League and creating a regional tournament, the Financial Times reports.
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New Murabba Development Company Awards Industry-Leader Bechtel with PMC Contract for Masterplan, Site-Wide Infrastructure
The Saudi-based, PIF-owned New Murabba Development Company has announced that Bechtel, the leading engineering and construction company, has been awarded a key contract to provide project management services for the New Murabba development in the capital Riyadh.
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Saudi Arabia’s Ades International Holding Set to List in Riyadh, May Be Kingdom’s Largest IPO in 2023
Saudi Arabia’s Ades International Holding is set to list in Riyadh, a deal that’s set to be the kingdom’s largest initial public offering this year, according to reports.
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Saudi Arabia gets a BRICS invite, a lightning strike on Mecca’s clocktower, and leading Riyadh-based architect Nadia Maqbool Al Lawatiya joins The 966
Nadia Maqbool Al-Lawatiya, a leading Riyadh-based architect and urban designer who is closely familiar with Salmani architecture, joins The 966 to share her journey and discuss some of the themes and thinking behind the new style emerging from Saudi Arabia. Nadia listened to a previous episode of The 966 on Salmani architecture and joins for this episode […]
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Video Shows Massive Lightning Strike Hitting Mecca Clock Tower, Heavy Rains Inundating Holy City
A video published by the UAE-based The National shows Mecca’s Clock Tower, one of the tallest buildings in the world, being dramatically struck by a bolt of lightning amid heavy rains that caused localized flooding.
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Saudi Arabia Sends Foreign Minister to BRICS Events in South Africa as it Seeks Membership
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah will arrive in South Africa this week to take part in the BRICS Plus Dialogue and the BRICS-Africa Outreach events, according to reports.
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Saudi Arabia’s Media Powerhouse SRMG Makes Strategic Investment in Anghami, Spotify’s MENA Region Rival
SRMG Ventures, the venture capital arm of Riyadh-based conglomerate and the largest publishing company in the Middle East, the Saudi Research and Media Group, has announced a $5 million investment in Anghami, which is the Arab world’s rival to Spotify, according to Variety.
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Report: Biden Considers Another Bilateral Meeting with Crown Prince Mohammed bin Salman at G20 to Talk Saudi-Israel Mega Deal
President Biden is considering a bilateral meeting with Saudi Crown Prince Mohammed bin Salman on the sidelines of next month’s G20 summit in New Delhi, India, to discuss the recently-reported proposal for the Kingdom and Israel to move toward establishing relations, four sources with knowledge of the issue told Axios.
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Princess Mashael bint Saud Al Shalan joins The 966, Saudis rush to theaters to See ‘Barbie’, an update on The Line and more…
Episode 99! Princess Mashael bint Saud Al-Shalan, Founding Partner, Aeon Strategy, joins The 966 to discuss her work heading one of the leading consultancies in Saudi Arabia in the field of sustainability. Aeon Strategy played a key role in support of the Kingdom’s Net-Zero targets under the Saudi Green Initiative and the Circular Carbon Economy […]
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Turkey’s Erdogan Departs for Saudi Arabia to Seek Investment
Turkey’s President Recep Tayyip Erdogan will visit Saudi Arabia and the United Arab Emirates this week as he looks to attract foreign investment into Turkey.
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Iran troops to join Syria war, Russia bombs group trained by CIA
Hundreds of Iranian troops have arrived in Syria to join a major ground offensive in support of President Bashar al-Assad's government, Lebanese sources said on Thursday, a sign the civil war is turning still more regional and global in scope.
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Bombs at mosque in Yemen’s capital kill at least 20 people
An Islamic State-claimed suicide bomber and a subsequent car bombing killed at least 20 people Wednesday at a mosque in Yemen's rebel-held capital, Sanaa, amid the country's raging civil war, officials said.
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Hash Highway to Saudi Arabia Dries Up as Coalition Bombs Yemen
The 1,100-mile border between Yemen and Saudi Arabia -- similar to that between Mexico and the U.S. -- is described by Western security officials as the hash highway. The region’s poorest country, Yemen has a weak central government and poorly trained police, so traffickers move with near impunity. Saudi Arabia has long struggled with its drug trade and the thousands of East Africans and Yemenis who work as smugglers.
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In Yemen’s grinding war, if the bombs don’t get you, the water shortages will
For months, citizens of this war-torn country have been terrorized by bomb explosions and mortar attacks. Now another threat is growing, which could be just as deadly. Yemenis are running out of water.
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Taliban bombs rock Afghan parliament in brazen assault
A suicide car bomber followed by insurgents armed with rocket-propelled grenades launched an audacious attack on the Afghan parliament Monday as it was meeting to endorse a new defense minister, forcing frightened lawmakers to flee the building. The Taliban quickly claimed responsibility.
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Suicide Bombs Hit Saudi Fault Line as Islamic State Widens War
By targeting Saudi Shiites, a minority that already harbors doubts about the kingdom’s commitment to protecting them, Islamic State is striking at a fault line that runs through the world’s biggest oil exporter. In several of Saudi Arabia’s neighbors, the same sectarian divisions have already erupted into civil wars.
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U.S. journalist Casey Coombs freed by Yemen’s Houthi rebels
American freelance journalist who had been held by insurgents in Yemen since last month has been freed, U.S. officials said Monday.
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US to sell bombs to Israel, helicopters to Saudis
The United States said Wednesday it plans to sell thousands of bombs and missiles to Israel as well as 10 Seahawk helicopters to Saudi Arabia, in deals worth about $1.9 billion each, officials said Wednesday.
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War of words — and bombs — shakes Yemen
With Saudi Arabia beefing up its forces along the frontier with Yemen, rival Iran on Monday unleashed some of its harshest rhetoric yet in denouncing the month-old Saudi-led military campaign against Yemen’s Shiite Muslim rebels.
- Washington Post - A top Iranian figure thinks that the Saudi government is about to crack. Is he right?
- Reuters - US blames Houthi battlefield moves for renewed Saudi strikes
- Yahoo/AP - Yemen's exiled government declares 3 disaster zones
- Reuters - Yemen struggles to import food as coalition navies hold up more ships
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Oil Rises to 2-Week High as Saudi Arabia Bombs Targets in Yemen
Oil climbed to the highest in more than two weeks in London as Saudi Arabia and its allies bombed rebel targets in Yemen, which is near the center of global energy trade.
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