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Veteran Saudi Journalist Khaled Almaeena Joins The 966 to Talk Ukraine, Energy Markets, and More
Khaled Al-Maeena, Saudi journalist, commentator, businessman and the former editor-in-chief of the Saudi Gazette and Arab News joins The 966 for Episode 28 to talk about Saudi Arabia’s role in energy markets, the war in Ukraine, and much more.
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Social entrepreneurship, the latest with Saudi golf, a new national holiday and much more with guest Ghadah Al-Harthi
Episode 25! Joining The 966 this week is a special guest, Dr. Ghadah Al-Harthi from London. Ghadah is Senior Consultant at Barker Langham, Associate Director MA Innovation Management, Central St Martins, and Young Adviser at Chatham House. This week, the hosts talk about the start of the Saudi international golf tournament, the announcement of a […]
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Goldman Sachs is ‘Extremely Bullish’ on Commodities Amid Potential Decade-Long ‘Supercycle’
Goldman Sachs’s global head of commodities research Jeff Currie told Bloomberg today in a televised interview that the bank is “extremely bullish” on commodities amid a supercycle that has the potential to last for a decade.
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Saudi Arabia Suspends Privatization of the $2 Billion Ras Al Khair Desalination and Power Plant – Reports
Saudi Arabia has suspended the privatization plans for the Ras Al Khair desalination and power plant, valued at an estimated $2 billion, according to reports.
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Flurry of New Deals Builds on Early 2021 Momentum for Saudi Venture Capital
Saudi Arabia’s venture capital scene continues to grow at an impressive clip as new deals and investments into Saudi companies – or by Saudi venture firms – builds on early growth so far in 2021.
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Could Saudi Arabia’s Recycling Sector Be Worth More than $18bn?
The CEO of Saudi Arabia’s biggest waste company, Saudi Investment Recycling Company (SIRC), said that the Kingdom’s recycling market size could reach $18 billion as the sector remains underdeveloped, according to a report Arab News.
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Saudi Arabia’s Public Investment Fund Launches 5-Year Strategy, Including VRP Program for 2021-2025
Saudi Arabia’s Public Investment Fund (PIF) announced a new five-year investment strategy, including its own Vision Realization Program (VRP) 2021-2025, with the goal of doubling its assets to 4 trillion riyals ($1.07 trillion) by 2025, according to comments made by Crown Prince Mohammed bin Salman in a public appearance on Sunday.
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Road to the G20: G20 Leader’s Summit Publication Released Ahead of Virtual 2020 Summit
Organizers of the G20 in Riyadh released the summit’s Annual Publication ahead of the G20 leadership summit, beginning tomorrow and taking place virtually due to the Coronavirus pandemic. Saudi Arabia as host has prioritized empowering people, safeguarding the planet and shaping new frontiers as themes for this year’s event, the first G20 to be chaired by a nation […]
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Kingdom’s Flagship Carrier Saudia Airlines is a Top Brand in Saudi Arabia, YouGov BrandIndex Finds
Saudi Arabia’s flagship carrier Saudia is atop of a newly-released brand popularity survey of the Kingdom from global polling firm YouGov.
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Saudi Arabia’s progress toward food security, water conservation accelerated by Coronavirus crisis
Saudi Arabia is adjusting to the new realities of the Coronavirus by making strategic investments domestically and internationally into its food supply and agriculture sectors, according to reports.
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MUST-READS
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Saudi agriculture fund OKs over $87.8 million loans
Saudi Arabia’s Agricultural Development Fund has approved loans worth more than SR333 million ($87.8 million) to finance 12 projects in a number of regions of the Kingdom and import foodstuff. The projects include vegetable cultivation, poultry, and date factories, as well as importing rice, yellow corn and soybeans.
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Saudi Arabia sets $533 million for agriculture imports
The initiative, which will be carried out through a mixture of direct and indirect loans, will target in its first phase products including rice, sugar, soybeans and yellow corn. Other products will be added according to market needs and for food security, the fund said in a statement.
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Saudi Government’s Agriculture Investor Buys Australian Farmland
The purchase of Baladjie Pty Ltd., which also owns 40,000 merino sheep, in Western Australia’s wheat belt is the company’s first investment in the country and in sheep production, Salic, as the company is known, said in a statement.
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Saudi Agriculture Ministry won’t withdraw bread subsidies
The Ministry of Agriculture confirmed Tuesday that subsidies on flour and bread will not be withdrawn, pointing out that the milling companies in the Kingdom continue selling flour to bakeries for the same prices, according to the local Al-Hayat newspaper.
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Saudi govt approves $24.5 billion support for agriculture, water, environment
Abdulrahman al-Fadhli, minister for environment, water and agriculture said in a speech at an industry conference his ministry had received "support" from the government to achieve 16 strategic goals which are in line with the economic transformation program Vision 2030.
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Saudi agriculture sector registers solid growth
Saudi Arabia’s agriculture sector has been witnessing tremendous growth over the past few years, thanks to a series of projects that complement the expansion and enhancement of local agriculture infrastructure with the use of advanced technologies, said an expert ahead of an industry event.
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Saudi Arabia emerges as leading exporter of agriculture
The Kingdom of Saudi Arabia (KSA) has witnessed remarkable agricultural development over the last three decades, successfully turning large areas of desert into agricultural fields.
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Saudi Arabia: Food and Agriculture Exporter Guide
U.S. food and agricultural product exports to Saudi Arabia reached a record-high level of $1.425 billion in FY 2014, an increase of 24 percent over the previous year. In January 2014, Saudi Arabia implemented new requirements for a mandatory pre-registration and electronic customs clearance for all imported food and feed products. Recently, Saudi food regulatory authorities have begun a stricter enforcement of food import regulations and procedures, particularly those related to labeling requirements and the maximum allowable limits for food additives, which they have been lenient in enforcing in past years. Food packages which contain logos that may imply religious connotation, such as the trade symbols for Kosher food, have been rejected. This Exporter Guide updates the Saudi regulations and customs clearance procedures for importing food products and highlights issues that U.S. exporters must be aware of when exporting food products to the Saudi market.
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Saudi Agriculture Sector Evaluating Solar-Diesel Hybrids
"Hybrid solar-diesel systems are a viable solution to provide power to Saudi Arabia's poultry producers, many of which are not connected to the national electric grid," says Abdulmohsen Al Shoaibi, managing partner of DarSolar, a Saudi Arabia-based solar engineering firm. "Such solutions can help reduce the industry's heavy reliance on diesel fuel."
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Saudi Agriculture expo attracts 25,000 visitors
Saudi Agriculture 2014, the 33rd international agriculture, water and agro-industry trade show which was inaugurated by Agriculture Minister Fahd bin Abdul Rahman Balghunaim at Riyadh International Convention and Exhibition Center here, concluded on Wednesday with exhibitors and visitors applauding the largest agro-food expo of the Middle east. Around 400 companies and individual exhibitors from 40 countries participated in the premier agriculture expo, which started on Sunday and recorded more than 25,000 visitors during the four-day show.
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