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As President Obama Heads to Saudi Arabia, Economic Cooperation and Enhanced Bi-Lateral Security Will be on Agenda
As President Obama heads to Saudi Arabia next week to meet with HRH King Salman and attend a GCC summit, familiar topics as well as new issues will be on the agenda for the President’s 3rd official visit to Saudi Arabia and second meeting with King Salman since September. Along with long-standing regional and security concerns that require U.S.-Saudi […]
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In Egypt, Saudi Arabia’s King Salman Reaffirms Commitment to Bi-Lateral Ties
In what is being hailed as a landmark visit, Saudi Arabia’s King Salman arrived in Egypt to re-affirm Saudi-Egyptian ties and engage a critical regional ally on key foreign policy concerns. King Salman, who was also accompanied by Deputy Crown Prince Mohammed bin Salman and dozens of Saudi officials and leaders, including 14 ministers, was received […]
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Crown Prince Mohammed bin Naif Joins Twitter
Following the lead of King Salman and other top Saudi government officials, Saudi Arabia’s Crown Prince has joined the social microblogging website Twitter using the handle @M_Naif_Alsaud. The Crown Prince chairs the Council of Political and Security Affairs (CPSA) and is Minister of Interior of Saudi Arabia. His first tweet, sent on April 5, 2016 […]
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Saudi Arabia was world’s third largest military spender in 2015, surpassing Russia
Saudi Arabia surpassed Russia in military spending for 2015 to be the world’s third largest spender on defense, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The United States retained its top position globally in total military spending in 2015, accounting for almost one-third of all military spending globally. The […]
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Saudi Arabia taking ‘unprecedented hands-on role in housing finance and development’
Saudi Arabia’s housing minister Majed al-Hogail gave an interview with Bloomberg last week in which he discussed the government’s plans to create its own development company and start a mortgage-guarantee fund to encourage banks to increase lending for Saudis. “‘We are looking to improve the productivity of the local developers’ but also trying to attract international […]
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Throwback: Photos of King Salman at King Saud University, 40 Years On
Recently released photos by the Saudi Press Agency (SPA) show King Salman at the King Saud University roughly 40 years ago, as the then-prince assisted in shaping the Riyadh-based University to be what it is today. King Saud University (KSU) is billed as “the premier institution of higher education in the Kingdom of Saudi Arabia. Prince […]
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New Homeland Security Decision Allows Saudi Students to Stay in U.S. for 3 Years By Getting On the Job Training
The United States Department of Homeland Security (DHS) recently published a new rule allowing F1 students the opportunity to stay in the country longer “by getting training on the job at some companies for a period of 36 months,” according to a report in Arab News and information posted to the DHS website. According to DHS, […]
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What Will Be Saudi Arabia’s Next Tourist Destination?
Saudi Arabia’s King Abdullah Economic City (KAEC) attracted more than 100,000 visitors last year, a sign that the planned mega city about 100 miles north of Jeddah on the Red Sea might become Saudi Arabia’s next domestic tourist destination. Although Saudi citizens typically flock to Dubai, Bahrain, or elsewhere abroad for leisure trips, that might […]
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In Bid to Boost Transparency, Saudi Regulators Require International Banks to Disclose Financial Statements
Saudi Arabia’s Capital Markets Authority (CMA) is instructing international banks to publicly disclose financial statements for the first time as the kingdom seeks to boost transparency, according to a report in Bloomberg. The Bloomberg report says that companies under the regulation of the CMA in Saudi Arabia must publish the financial information on their websites […]
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Surge in Flights from Saudi Airports as Kingdom’s Aviation Sector Booms
Saudi Arabia’s airports have seen a “substantial growth in international traffic” as the number of international flight services from the Kingdom’s airport surges 50% since last year. The number of international flight services from the domestic airports jumped by 51.5 percent to 26,361 at the end of 2015 from 17,405 in 2014, according to a […]
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BRICS Gets Boost as Saudi Arabia Joins Group of Emerging Nations
South Africa’s foreign minister said Saudi Arabia and four other countries have accepted the invitation to join the BRICS club of nations that was extended during a summit last year. Minister Naledi Pandor said that Russia, who takes over as chair of the bloc this year from South Africa, has received written interest from 34 countries who want to join. Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates are now full members, she said.
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Saudi Arabia to host largest-ever UN conference on land and drought
The Kingdom of Saudi Arabia and the United Nations Convention to Combat Desertification (UNCCD) signed an agreement paving the way for the 16th session of the Convention’s Conference of the Parties (COP16) in Riyadh from 2-13 December 2024. The Riyadh COP16 will be the largest-ever meeting of UNCCD’s 197 Parties, the first to be held in the Middle East region and the largest multilateral conference ever hosted by Saudi Arabia. 2024 also marks the 30th anniversary of the UNCCD, one of the three major environmental treaties known as the Rio Conventions, alongside climate change and biodiversity.
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Even in defeat, Roberto Mancini should still get a chance to lead Saudi Arabia into the future
But putting aside Mancini's reputation and past achievement, he is a man who certainly looks like he has a plan with Saudi Arabia. Lest it is forgotten, given the headlines have surrounded South Korea's incredible escape, the Green Falcons were literally a minute away from advancing to the quarterfinals -- until Cho Gue-Sung's dramatic 99th-minute equaliser forced extra-time, and then the shootout which South Korea prevailed in.
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Average life expectancy in Saudi Arabia rises to 77.6 years
In application of the principle of ‘prevention is better than treatment’ and early detection, it is pointed out that more than five million people have been subjected to exploratory obesity screening, including over a million cases of early detection. More than one million people underwent exploratory screening for diabetes, including about 11,000 early detection cases, in addition to about 160,000 women undergoing early breast cancer screening, which resulted in 654 early detection cases. This detection contributes to the treatment of cases discovered in their early stages.
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BRICS Gets Boost as Saudi Arabia Joins Group of Emerging Nations
South Africa’s foreign minister said Saudi Arabia and four other countries have accepted the invitation to join the BRICS club of nations that was extended during a summit last year. Minister Naledi Pandor said that Russia, who takes over as chair of the bloc this year from South Africa, has received written interest from 34 countries who want to join. Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates are now full members, she said. “Argentina has written to indicate that they will not act on this successful application by the previous administration to become full members of BRICS and we accept their decision,” Pandor told a press briefing in the capital, Pretoria, on Wednesday.
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Saudi Arabia’s non-oil sector grew 4.6 percent in 2023
Saudi Arabia’s oil sector witnessed a substantial decline of 9.2 percent in 2023 which supported its non-oil sector performance. That is directly influenced by the Kingdom’s commitment to cut crude output in alignment with OPEC+ decisions. In April 2023, OPEC+ agreed to reduce oil output by 1.2 million barrels per day. Moreover, Saudi Arabia extended its commitment to oil cuts until December 2024. The Kingdom also implemented an additional output cut of 1 million barrels per day from June to December 2023.
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World Defense Show 2024: Kalashnikov to unveil new UAV in Riyadh
The new SKAT 350 M reconnaissance UAS will be unveiled at the World Defense Show in Saudi Arabia next week. The UAV has been based on the design on the Supercam 350 UAS but features improved aerodynamic properties and ground control system. The platforms have been designed and manufactured by Russia’s Kalashnikov Concern JSC. The SKAT 350 M has been designed for aerial surveillance and detection in optical and infrared ranges with improved payload options.
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IMF Says Saudi Slump Matched Argentina Among Worst G-20 Laggards
Saudi Arabia’s economy had one of its steepest contractions of the past two decades after reducing oil output to support crude prices, according to the International Monetary Fund, a slump matched only by crisis-stricken Argentina among the Group of 20 nations. Gross domestic product slipped 1.1% last year, the IMF said in the World Economic Outlook on Tuesday, flipping its previous forecast for a small expansion. While expecting the kingdom to return to growth this year and next, its projection for Saudi Arabia saw the biggest downgrade for 2024 after Argentina in the G-20.
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IMF Raises Saudi Economic Growth Forecast for 2025
The IMF, on Tuesday, adjusted its growth forecast for Saudi Arabia in 2024, reducing it by 1.3 percentage points to 2.7%. In contrast, the forecast for 2025 was raised to 5.5%, showing an improvement from previous estimates made in October.
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Princess Reema defends Saudi Arabia’s right to host women’s tennis tournament
Saudi Arabia's Ambassador to the United States Princess Reema bint Bandar has addressed criticisms leveled against her country's hosting of the Women's Tennis Association Finals. The ambassador's remarks came as a direct response to an opinion piece in The Washington Post, which she described as laden with "outdated stereotypes and western-centric views."
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