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Commentary: Saudi Arabia’s Vision 2030, Don’t Miss the Point
While Saudi Arabia’s Vision 2030 was formally endorsed by the Saudi Council of Ministers and published on April 25, 2016, anticipation about the plan had been building for months. McKinsey & Company’s 165-page Moving Saudi Arabia’s Economy Beyond Oil in December 2015 confirmed the depth of the analysis underway within the Saudi government while Deputy […]
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Deputy Crown Prince Mohammed bin Salman Opens Up on Personal History; ‘Vision for the Kingdom of Saudi Arabia’
In his second exclusive and wide-ranging interview with Bloomberg, Saudi Arabia’s deputy crown prince, chair of the Council of Economic and Development Affairs (CEDA), and minister of defense opened up on his rise to power, his initial struggles and ultimate acceptance under the late King Abdullah, and his fondness for Winston Churchill and Sun Tzu’s The […]
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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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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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Thales aims to double presence in Saudi Arabia, focus on defense and cybersecurity: CEO
French defense technology firm Thales aims to expand its presence in Saudi Arabia, propelled by the “massive” investments and opportunities in the nation, according to a top executive. Speaking to Arab News on the sidelines of the World Defense Show, the company’s chairman and CEO, Patrice Caine, expressed the firm’s aspirations to expand its existing defense presence in Saudi Arabia, particularly in fields such as cybersecurity. He said: “In addition to our defense activity, we will reinforce our cybersecurity field.”
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Samsung, Siemens and GE among global project developers in race for Saudi power plants
Siemens, Samsung and ACWA Power are among 21 global utility project firms to prequalify for the development of four power plants across Saudi Arabia. In a statement, Saudi Power Procurement Co. also revealed French-owned EDF, Kepco from Korea, and Japan’s Marubeni were in contention for the contracts, as well as TAQA from the UAE and US-based GE. These projects are Rumah-1 and Rumah-2 in the Central region and Nairyah-1 and Nairyah-2 in the Eastern region, with a capacity of 1,800 megawatts per plant. According to SPPC, the plants will operate using natural gas combined cycle technology, incorporating provisions for carbon capture unit readiness. Additionally, these projects align with the Saudi Green Initiative, aiming to attain net-zero greenhouse gases through a circular carbon economy approach by 2060.
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Saudi companies to make parts for Lockheed’s THAAD defense system
U.S. weapons maker Lockheed Martin (NYSE:LMT) has signed agreements for Saudi Arabian companies to manufacture parts of its Terminal High Altitude Area Defense (THAAD) system, the company said on Monday. These sub-contracts will enhance manufacturing capabilities in Saudi Arabia and transfer expertise to strengthen the country’s defence industry, Lockheed said in a statement. State-owned Saudi Arabian Military Industries (SAMI) signed 11 agreements at the Saudi defence show in Riyadh, according to the country's state news agency. The contracts come at time of rising tension in the region as some shipping companies suspended transit along the busy Red Sea route to avoid being attacked by Yemen's Iranian-backed Houthi group.
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Saudi Air Defenses Down Six Houthi Ballistic Missiles In 48 Sec
A Saudi Patriot battery shot down six Houthi ballistic missiles in 48 sec. in a dramatic illustration of the rapid advancements the country's armed forces have made. The Royal Saudi Air Force (RSAF) 290th Patriot unit was protecting the city of Jazan near the Yemeni border on Aug. 26, 2019, when Houthis fired a swarm of ballistic missiles that threatened civilian areas. In an engagement which has now become legendary within the service, according to officials, battery commanders launched an undisclosed number of Patriots to intercept the incoming missiles, with one missile being launched every six seconds.
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Saudi Arabia pushes for US defense pact as 2024 presidential election looms
Saudi Arabia may be willing to accept a non-binding commitment from Israel to create a Palestinian state in its push to get a defense pact with the United States ahead of the 2024 presidential election. Saudi Arabia had been heading toward normalizing relations with Israel and recognizing the country for the first time thanks to U.S.-led diplomacy. But those efforts were shelved in October after Hamas’ Oct. 7 attacks on Israel, and Israel’s subsequent counter-offensive that enraged the Arab world.
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Airbus in Talks With Saudi Arabia for Air Tanker Order
Airbus SE said it’s in talks to sell Saudi Arabia more A330 tanker military planes as the nation looks to boost its air force capabilities. The country is also considering purchasing the A400M military transport aircraft, according to Jean-Brice Dumont, head of Air Power at Airbus. “We know there is an interest in the A400M, and we will address it with the Saudi Air Force and the Ministry of Defense,” Dumont said in an interview on the sidelines of the World Defense Show that is taking place in Riyadh.
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South Korea, Saudi Arabia sign agreement on defense cooperation
South Korea and Saudi Arabia on Sunday signed a memorandum of understanding to expand defence cooperation, Seoul's Defense Acquisition Program Administration (DAPA) said, as Seoul looks to ink further arms sales in the region. The agreement will see the two establish a joint committee to form a working group for weapons systems research and development as well as production to continue cooperation in defence, DAPA said in a press release on Monday.
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