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Ematah (Removal) Campaign Addresses Saudi Litter
The ‘Crying Indian’ was one of the most iconic images on American television in the 1970s. Produced by the Keep America Beautiful organization it featured Iron Eyes Cody as a Native American distraught over the amount of pollution and litter there was in the United States. Litter was a significant issue in America at the […]
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As Entertainment Industry Develops, A ‘Great Opportunity’ for Cinema Business Awaits in Saudi Arabia
With Deputy Crown Prince Mohammed bin Salman’s recent visit to the United States that included meetings with several top entertainment industry executives in Silicon Valley, it is quite possible that entertainment options in Saudi Arabia could be dramatically greater in a decade. But what will that look like? The Vision 2030 document states that the Kingdom’s leaders “consider culture […]
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U.S. State Department Approves Potential $1.15b Sale of 130 Abrams Battle Tanks, 20 Armored Recovery Vehicles to Saudi Arabia
The U.S. State Department has approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment, worth about $1.15 billion, to Saudi Arabia, the Pentagon said on Tuesday. “The State Department has made a determination approving a possible Foreign Military Sale to the Kingdom of Saudi Arabia for […]
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Gallup Poll on Saudi Attitudes About Economy, Prosperity Sees Hope after Oil, Divide Between Saudis and Expats
A recently released Gallup poll, conducted shortly after the announcement of Vision 2030, found that nearly half of adults (48%) rate their lives well enough to be considered “thriving,” up significantly from 35% a year earlier. Such a large shift in thriving rates in a single year “is rare in any country,” Gallup said. However, there is a sharp […]
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Saudi Presents Investigation into Coalition Bombings in Yemen
An investigative committee examining charges that the Saudi-led coalition fighting against Houthi rebels in Yemen has caused civilian casualties largely defended their actions, Reuters reports. According to the Saudi Press Agency (SPA), the coalition’s investigative committee is independent and composed of representatives from six countries, all members of the Gulf Cooperation Council, in addition to […]
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Reuters Poll: Non-Oil Business Activity Slows in Gulf as Governments Tighten Spending
A recently released Reuters poll of economists finds that non-oil business activity is slowing in the Gulf because of government austerity measures, causing some to revise their economic forecasts down for the region. In 2015, growth in the GCC “began to lose steam as governments reduced spending to limit big budget deficits caused by cheap oil,” […]
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Aramco Names Ibrahim Al Buainain as Chief Executive of Its Trading Arm
Saudi Aramco has named Ibrahim Al-Buainain as chief executive of its trading arm, the company said on Tuesday, as Al-Buainain’s star continues to rise within the ranks of the energy giant. Ibrahim Al-Buainain’s promotion to CEO of Saudi Aramco Trading takes effect this month. In November 2014, Aramco named Al Buainain as head of Saudi […]
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Flare Up on Saudi Border with Yemen as Saudi Shoots Down Missile
The Saudi-led military coalition said Sunday that it shot down a ballistic missile fired at the Kingdom from Yemen, according to reports. The missile targeting the southern city of Najran was intercepted at 9:30 a.m. Saturday, a statement carried on the official Saudi Press Agency says. On the same day, Saudi-led airstrikes hit hideouts of the […]
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New Saudi Fund Created by Apicorp and Bahri Seeks to Create Biggest Tanker Fleet
A venture between Arab Petroleum Investment Corporation (Apicorp) and National Shipping Co. of Saudi Arabia (Bahri) “will create the world’s largest fleet of oil tankers and support the kingdom’s plan to boost crude exports,” according to a report in Bloomberg, which cited comments from Dr. Khalid al-Falih. The venture will create a $1.5 billion fund […]
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‘Saudi Arabia is among our closest counterterrorism partners’ CIA Chief Brennan Says
Director of the CIA John Brennan said that Saudi Arabia is “among our closest counterterrorism partners” at an event at the Brookings Institution yesterday. Brennan pointed to the enemies that both the United States and Saudi Arabia share, including the Islamic State and al-Qaeda terrorists. “The Saudi government and leadership today has inherited a history whereby there […]
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25,000 artifact fragments from early Islamic period unearthed from Historic Jeddah
As many as 25,000 fragments of artifacts dating back the Islamic caliphates during the first two centuries of the Hijri Calendar, corresponding to the 7th to 8th centuries AD, have been discovered from the Jeddah Historic Area. The announcement in this regard was made by the Jeddah Historic District Program (JHDP), in collaboration with the Saudi Heritage Commission. The archaeological discoveries were announced as part of the Historic Jeddah Revival Project, initiated by Crown Prince and Prime Minister Mohammed bin Salman.
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Sah bonds: All you need to know about Saudi Arabia’s first dedicated savings product for individuals
Saudi Arabia has launched the subscription to its first savings product dedicated to individuals – Sah – with a yield reaching 5.64 percent on the first issuance. Registration for the Islamic-compliant bond, issued by the Ministry of Finance, started on Sunday, Feb. 4, at 10 a.m. and will end on Tuesday, Feb. 6, at 3 p.m. The Sah bonds are organized by the National Debt Management Center and designed as a savings product for individuals, offering attractive returns. The bonds are offered monthly according to the issuance schedule, with a one-year savings period, fixed returns, and profits disbursed at the end of the bond’s maturity date.
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Non-oil business activity in Saudi Arabia and UAE grew in January
Business activity in the non-oil private sector economies of Saudi Arabia and the UAE continued to expand in January, albeit at a slower pace, amid continued growth momentum in the Arab world’s two largest economies. The seasonally adjusted Riyad Bank purchasing managers’ index – a crucial gauge of the kingdom’s non-oil economy – slipped to 55.4 in January, down from 57.5 in December. Though the headline PMI was at the lowest level in two years, the upturn remained strong overall and widespread across the monitored sectors, as it remained well above the neutral 50 mark that separates growth from contraction.
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What next for Saudi Arabia’s football vision as big ambitions meet player discontent?
There is ambition in Saudi to bring more players in but across the league there have been complaints about standards in the game’s infrastructure there, be it the training grounds or the support staff. “They are realising that they have to start investing in facilities, physios and nutritionists to professionalise everything,” said an agent — who like others in this article spoke on the condition of anonymity to protect relationships — of a player in the Saudi Pro League. “The day-to-day care and attention to detail of the high-level athletes in Europe is much higher and more serious than in Saudi Arabia,” another agent of a player in Saudi said. “They are more laidback and relaxed, and that has led to significant discontent in the leading European players.”
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McIlroy has ‘frank discussion’ with Spieth over Saudi comments
Rory McIlroy may have stood down from the PGA Tour Policy Board to focus on his game, but that hasn't stopped the Northern Irishman from stepping right back into the debate over the possible merger with the Saudi-backed LIV Golf League.
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Defense Ministers From Saudi-Led Counterterrorism Coalition Meet In Riyadh
The second meeting of defense ministers from the member states of the Islamic Military Counter Terrorism Coalition took place in Riyadh on Saturday. Saudi Defense Minister Prince Khalid bin Salman, who also serves as chairman of the coalition’s Council of Defense Ministers, inaugurated the meeting. Under the theme “Combating Terrorism: A Shared Responsibility,” the talks were attended by 42 IMCTC member states as well as three supporting countries.
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Saudi Arabia sees 54% rise in industrial license approvals
The Saudi manufacturing sector continues to strengthen, with the Kingdom issuing 122 industrial licenses in December 2023, up from 79 in the same month the previous year. The non-metallic minerals and non-ferrous metal manufacturing sector secured 18 permits from the Ministry of Industry and Mineral Resources, with the food manufacturing sector following closely with 15, as reported by the Saudi Press Agency. The chemicals manufacturing sector received 11 licenses, while the rubber and plastics production industry obtained 10 approvals, stated the SPA report. It further noted that from the beginning of 2023 until the end of December, the ministry issued a total of 1,379 industrial licenses.
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Boeing Saudi and Bahri Logistics team up for supply chain enhancement
The supply chain and distribution sectors within Saudi Arabia are poised for growth thanks to a new partnership between Boeing’s local subsidiary and Bahri Logistics. According to a press release, the aircraft industry company aims to enhance its supply chain operations in the Kingdom through the agreement, with a specific focus on elevating the cargo firms’s role in supporting services and defense-related products. The partnership will explore various opportunities, including freight forwarding, warehousing, inventory management, and performance-based consulting. This will leverage Bahri Logistics’ established capabilities and supply channels in the region.
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How Saudi Arabia is using wildlife conservation, habitat protection, and the green transition to preserve its ecosystems
Saudi Arabia aims to be at the forefront of environmental protection through initiatives aimed at restoring and maintaining the ecological balance, which promotes harmonious and flourishing ecosystems. Climate action, clean energy, and preserving habitats are just some of the 17 Sustainable Development Goals incorporated into Saudi Arabia’s 2030 Agenda for Sustainable Development. The SDGs serve as a blueprint for achieving a balanced ecosystem for wildlife, water, and the environment in the Kingdom. Without balance, ecosystems face major challenges from global warming, water shortages, and the loss of biodiversity.
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Sony ME hosts event to empower Saudi content creators
Sony Middle East organised an event in Riyadh aimed at providing a platform for Saudi content creators to network, share insights, and enhance their skills. The boom in content creation has transformed media consumption in Saudi Arabia, with a growing number of individuals using platforms like YouTube, TikTok, and Instagram to produce and publish content. This has led to a rise on competition, driving creators to seek innovation and improve content quality. The convention by Sony Middle East featured workshops and discussions led by experts, focusing on fostering collaboration among influencers and exploring the core of creativity.
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