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U.S. Coordinates with Saudi Arabia to Return Guantanamo Detainee
A suspected former bodyguard to Osama bin Laden has been transferred from Guantanamo Bay to his native Saudi Arabia, according to U.S. DoD officials. “The United States is grateful to the government of the Kingdom of Saudi Arabia for its willingness to support ongoing U.S. efforts to close the Guantanamo Bay detention facility. The United […]
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2015 C3 US-Arab Business Summit – New York City
In collaboration with the U.S. Department of State, the U.S. Chamber of Commerce, and C3 International, the C3US-Arab Business Summit will take place on Monday, October 19, 2015, in New York City at the Union League Club. The summit will focus on “Cyber Security, Smart Cities, and Bilateral Prosperity.” Save the date and register now […]
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Key Backing of Iran Deal by Saudi King Salman Could Further Boost U.S.-Saudi Military Ties
Following King Salman’s personal and public support for the P5+1 deal with Iran at the White House last week, the United States and Saudi Arabia have overcome one of the largest bi-lateral diplomatic hurdles in decades. The strong support follows months of salesmanship by the Obama administration and paves the way for continued military and […]
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As Saudi Student Scholarship Program Expands to All Students Abroad, MoE Explores Limiting Program’s Scope to Medicine and Engineering
While visiting the United States last week, Saudi Arabia’s King Salman extended the Kingdom’s already expansive scholarship program to all students studying abroad, including to those currently paying their own way. The King met directly with Saudi students studying in the United States while in Washington and made the announcement during his visit. However, according […]
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King Salman’s Energetic Visit to Washington
During King Salman’s visit to Washington last week – his first official state visit anywhere – the King had back-to-back meetings with President Obama at the White House and met with Saudi military personnel, Saudi students, former U.S. presidents, former Aramco employees and the U.S.-Saudi business community in a schedule that provided a boost to U.S.-Saudi relations. […]
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U.S.-Saudi Investment Forum Opens in Washington, D.C. with Panel of Ministers and High-Level Government Officials
The U.S.-Saudi Investment Forum opened today in Washington, D.C. with a panel of high level ministers and officials to discuss the investment climate in Saudi Arabia. The event opened with a keynote by Abdullatif al-Othman, Governor and Chairman of the Saudi Arabia General Investment Authority (SAGIA), the primary organizer of the event alongside the Council […]
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Viral Marketing Video by Coca Cola Seats 6 Strangers Together for Iftar Dinner
During Ramadan, Coca-Cola Middle East created a video along with an anti-prejudice campaign in which six strangers came together for an iftar dinner to urge tolerance. The video was shot in the dark using infrared video equipment so the men couldn’t see each other as they chatted about various topics. When the lights turned on, they […]
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Fire at Saudi Aramco Residence Complex Kills 10, Hundreds Injured; Cause of Fire Unknown
A fire broke out at a housing complex for Saudi Aramco workers in the eastern city of Khobar, killing 10 people and injuring hundreds, according to reports. The cause of the fire is not yet known, but the BBC reports that Saudi Aramco has begun an investigation into the cause. According to Reuters, Saudi Arabia’s […]
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King Salman’s Visit to United States Follows Years of U.S.-Saudi Bi-Lateral Diplomacy
Saudi Arabia’s King Salman is set to meet with President Obama on September 4, 2015, the first visit by a Saudi head of state since King Abdullah in September of 2010. This is the second time President Obama and King Salman will meet in person this year and follows a busy 2015 for bi-lateral meetings between the […]
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Sfakianakis on Bloomberg: How Much Longer Can Saudi Arabia’s Economy Hold Out Against Cheap Oil? – Video
With economists predicting a budget deficit of as much as 20 percent of GDP this year and the IMF forecasting the first Saudi current-account deficit in more than a decade, Saudi Arabia faces tough fiscal policy choices ahead as the price continues to stay low. Saudi finance expert and Ashmore Group Middle East Director John Sfakianakis spoke with Bloomberg […]
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Saudi Arabia’s capacity U-turn was months in the making
Saudi Arabia's surprise reversal of its oil expansion plan was at least six months in the making and spurred by uncertainty over the market's need for additional spare capacity, an industry source told Reuters on Wednesday. State oil giant Aramco (2222.SE), opens new tab was ordered by the Saudi energy ministry on Tuesday to halt plans to boost its maximum sustainable capacity to 13 million barrels per day (bpd), returning to the previous 12 million bpd target. "I think price management is the priority for 2024 and 2025," said a second person familiar with the matter.
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Neom to tender $8bn community housing PPP deal
Saudi Arabia’s Neom is preparing to issue the request for proposals (RFP) for a contract to develop the second wave of its public-private partnership (PPP) housing deals for worker accommodation. According to a source familiar with the project, the second-wave community village scheme will include up to 20 villages, each comprising about 10,000 accommodation units. MEED understands the budget for each village could be $400m-$450m, which means the overall project could be worth over $8bn. Each village has a built-up area of 240,000 square metres.
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2023 sees new record for US government-to-government arms exports, boosted by Ukraine aid
Sales of arms and defense gear by the U.S. government to other governments reached $80.9 billion in fiscal 2023, jumping nearly 56% from the previous year to set a new record, the State Department said Monday. The three-year rolling average for Foreign Military Sales exports rose to $55.9 billion for fiscal years 2021 to 2023, up 21.9% from last year’s mark. Notable examples of government-to-government FMS sales notified to Congress in fiscal 2023 include deals with Poland, Germany, Australia, Canada, and others.
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Riyadh Art: Transforming Saudi Arabia’s Capital
But Riyadh Art is more than just visual appeal; it's a force for societal transformation. By fostering inclusivity and nurturing a dynamic creative community, it enriches lives, inspires creative expression, and fuels a vibrant creative economy. As the city's walls come alive with colorful narratives, residents and visitors alike find joy, forging a sense of shared identity and civic pride.
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Tyrrell Hatton joins Jon Rahm’s team with LIV Golf after PGA Tour jump
Three days before its season opener in Mexico, the LIV Golf League on Tuesday announced the signing of England's Tyrrell Hatton to join Jon Rahm's new team, Legion XIII, the first expansion franchise in the circuit's history. Hatton, the 16th-ranked player in the Official World Golf Ranking, will join Zimbabwe's Kieran Vincent and University of Tennessee sophomore Caleb Surratt on Rahm's team. His squad will be the 13th team in a league that plays 54 holes and has shotgun starts.
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IEA Cuts Oil Demand Forecast for 2024 but OPEC Remains Bullish
“At the start of 2024, the risk of global oil supply disruptions from the Middle East conflict remains elevated, particularly for oil flows via the Red Sea and, crucially, the Suez Canal,” the IEA noted in its January 18 report. Strikes by the United States and United Kingdom against the Iran-backed Houthis in Yemen in retaliation for attacks on ships in the Red Sea “have raised concerns that an escalation of the conflict could further disrupt the flow of oil via key trade chokepoints.”
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Martina Navratilova and Chris Evert accused of ‘turning backs on women’ by Saudi ambassador
Al-Saud said the pair should "get your facts straight" on matters of Saudi law affecting women and said their arguments were "based on outdated stereotypes and western-centric views of our culture". She added: "Failing to acknowledge the great progress women have made in Saudi Arabia denigrates our remarkable journey. This not only undermines the progress of women in sports, it sadly undermines women, progress as a whole. "Sports should not be used as a weapon to advance personal bias or agendas or punish a society that is eager to embrace tennis and help celebrate and grow the sport."
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Saudi Arabia hears dozens of countries critique its human rights record at the UN in Geneva
Saudi Arabia had its record on human rights including freedoms for women, prosecutions for freedom of speech, use of the death penalty and alleged killing of migrants at its border with Yemen critiqued at the United Nations on Monday. In the kingdom’s first formal review at the UN Human Rights Council since November 2018, the Saudi Arabia delegation said more than 50 reforms had since then been passed in favor of women. Delegates were told Saudi Arabia has abolished flogging as a punishment, that minors can no longer be executed, judges are independent and migrant workers are now better protected by law.
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Commentary: What Will the United States Do after the Drone Strike in Jordan?
While some sort of U.S. military action this week can be expected, the prospect of the United States brokering another temporary ceasefire in Gaza will remain the main focus of White House efforts. An agreement in Gaza would lower the regional temperature, rebuild cooperation with U.S. allies in the region, and put some wind in the sails of U.S. diplomacy.
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Hamas studies new Gaza ceasefire proposal
Hamas said on Tuesday it would study a new ceasefire proposal in the war with Israel in Gaza, hours after Israeli commandos killed three Palestinian militants in a raid on a hospital in the occupied West Bank. The raid underscored the risk of the Gaza war spreading to other fronts, while Israeli forces fought new battles with Hamas fighters in the Palestinian enclave. Clashes in northern Gaza forced more Palestinian residents to flee to safer areas, and southern parts of the coastal enclave were hit by Israeli air strikes.
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