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Discussing Saudi Arabia’s Regional HQ program with Mansour El-Zahab and Zeynep Kösereisoğlu from Frontierview and much more…
- October 20,2023
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- SUSTG Team
In episode 108, Mansour El-Zahab and Zeynep Kösereisoğlu from Frontierview, a leading market intelligence and research company, join The 966 to discuss Saudi Arabia’s Regional HQ program (commonly referred to as the “RHQ” program) and dive into some of the legal and practical details ahead of the effective date of the program starting in 2024. The RHQ program is the […]
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Saudi Economy Predicted to Grow by 3.9% in 2024 as Inflation Stabilizes, OECD Says
- September 19,2023
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- SUSTG Team
The Organization for Economic Co-operation and Development said that the Kingdom’s gross domestic product (GDP) is expected to rise by 3.9 percent in 2024, according to a report in Arab News.
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MENA’s Renewable Energy Promise
- June 6,2024
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- SUSTG Team
Saudi Arabia and other GCC countries are in a position to become, “not just a major source of renewable energy, but also a central and indispensable player in the global energy transition, uniquely able to balance supply and demand for all types of energy, both hydrocarbons, and renewables.”
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EU announces five-year Schengen visas for Saudi, Omani and Bahraini citizens
- April 23,2024
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- SUSTG Team
The EU will now allow citizens from Saudi Arabia, Oman, and Bahrain to apply for five-year Schengen visas. This marks a significant step forward in strengthening people-to-people relations between the EU and the GCC.
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At Davos, Kingdom Pushes Diplomacy and PIF Talks 2024 Investment Strategy
- January 17,2024
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- SUSTG Team
Saudi Arabia’s strong presence at the World Economic Forum in Davos, Switzerland is emblematic of an increasingly confident Kingdom on the global stage, with top officials from both the government and Saudi Arabia’s Public Investment Fund on the ground to promote Saudi Arabia’s interests.
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Saudi Arabia’s 7th FII Sees only “10-20” Cancellations out of 6,000 as Major Summit in Riyadh Proceeds Ahead
- October 23,2023
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- SUSTG Team
Richard Attias, the CEO of the FII Institute, said that out of over 6,000 people planning to attend the Future Investment Initiative in Riyadh this week, organizers saw only 10-20 cancellations as a result of the war in Israel and Gaza, according to reports, as the major summit will continue ahead with the event as normal. […]
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US, Israel Deny Local Report That Saudis Freeze ‘Normalization’ Talks
- September 18,2023
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- SUSTG Team
Israeli and US officials on Monday denied a report in a Saudi-owned newspaper that Riyadh had frozen normalization talks with Israel because it refuses to make concessions to the Palestinians, Bloomberg reports.
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Saudi Professional League, 2023-24 Season by the Numbers
- June 5,2024
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- SUSTG Team
Saudi Arabia’s professional football league, the Roshn Saudi League, concluded it’s 2023-24 season with a number of records smashed and new benchmarks reached.
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Global Defense Spending Spikes in 2023
- April 22,2024
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- SUSTG Team
According to a study by Forecast International in 2023 global defense spending grew at its fastest pace in the last decade as governments respond to security crises unfolding around the world.
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U.S. Continues Campaign to Secure Critical Red Sea Trading Route with Terrorist Designation for Houthi Groups
- January 18,2024
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- SUSTG Team
The U.S. government on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups as Washington seeks to halt attacks on international shipping in the Red Sea, according to a report in Reuters.
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MUST-READS
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UAEDubai Is Back and a Bargain, at Least to Stock Pickers With Time
After Dubai’s benchmark stock index lost almost half its value in the past five years, it’s beginning to attract investors on the lookout for bargains. Hobbled by a lackluster economy and languishing in the shadow of its Gulf Arab neighbors, the emirate’s stocks have dropped in three of the last four years. The main gauge peaked in 2014, when MSCI Inc. officially included the United Arab Emirates -- of which Dubai is a part -- in the emerging-markets category.
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GEMSDubai’s GEMS to meet banks for $1.65 bln refinancing
GEMS, which owns and operates 49 schools in the UAE and Qatar, said last week that a consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake in the company from existing shareholders.
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Oil and GasDubai’s Oilfields Supply Centre to establish oil and gas sector incubator for SMEs in Saudi Arabia
Saudi Arabia’s King Salman Energy Park (Spark) and the Dubai-based Oilfields Supply Centre (OSC) have signed to agreement that will see OSC become an anchor tenant at the Spark energy city megaproject, Saudi Aramco has announced.
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DubaiDubai’s Jobless Recovery Adds Asterisk to Biggest Spurt in Years
Dubai is getting by with less as the emirate’s economic turnaround leaves a trail of job losses. Although business confidence is on the rise, narrowing margins are forcing companies to keep their payrolls tight as selling prices fall. An employment index compiled by Emirates NBD dropped to 49.9 last month, the lowest since February, even as the bank’s Dubai Economy Tracker continues to hover near a four-year high.
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SportsAmir Khan eyes boxing breakthrough in Saudi Arabia to set up fight with Manny Pacquiao – potentially in Dubai
Amir Khan says he is using this week’s title clash with Billy Dib to both make a breakthrough in boxing in Saudi Arabia and prove his own career is far from finished – with major fights against the likes of Manny Pacquiao in his plans.
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beIN SportsDubai’s DIFC court orders Qatar’s beIN Sports to pay Saudi-based Selevision $8 million
The beIN Sports group approached the court previously requesting the cancellation of an arbitration decision issued on June 5, 2018 at the London International Court of Arbitration at the DIFC, which ruled in favor of Selevision and ordered beIN Media Group to pay $7,356,01.22, in addition to arbitration costs of $692,002.66.
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UAEDubai’s ruler battles wife in UK court after she fled emirate
Princess Haya bint al-Hussein, daughter of the late King Hussein of Jordan, and her husband, Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, are understood to have parted. They are now engaged in a formal dispute in the high court. The case began after she fled Dubai and is due to resume later this month.
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DubaiThe biodiversity of Dubai’s shores has brought fly fishing to the Middle East for the first time
Artificial reefs can lead to a quick increase in the local fish population. They draw plankton which smaller fish can prey on which then attracts bigger fish suitable for fly fishing.
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EducationDubai’s GEMS Education JV acquires Saudi Arabia’s largest schools operator
Dubai-based education provider GEMS Education and its Saudi joint venture partner, Hassana Investment Company, are planning to build more than 50 new schools as part of a deal to acquire the largest schools operator in the kingdom.
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TechnologyIBM, Huawei And Hikvision Battling To Sell Facial Recognition Technology In Dubai
Face recognition has been banned in San Francisco and linked by AOC to a rise in global fascism. But it’s being marketed in Dubai, which has spied on hundreds of dissidents, by American and Chinese tech giants.
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