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Gulf carriers fly over Iraq, Iran after military action deters others
Qatar Airways, Emirates and several other Gulf airlines still fly in Iraqi and Iranian airspace and to cities in both countries, even as other international carriers have rerouted planes since the United States and Iran traded military strikes.
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Desert X AlUla—the inaugural sculpture biennial in a historic Saudi Arabian valley—announces participants
Fourteen artists including five Saudi nationals will take part in the inaugural Desert X exhibition launching in the vast AlUla region in northwest Saudi Arabia later this month (31 January-7 March).
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SATS Saudi Arabia wins cargo concession in Riyadh
SATS operates 10 cargo terminals in Beijing, Dammam, Ho Chi Minh, Hong Kong, Jakarta, Kuala Lumpur, Mumbai, Bengaluru, Oman and Singapore.
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France deploys radar system in Saudi Arabia to ‘reassure’ kingdom
France has deployed a radar system on the eastern coast of Saudi Arabia to beef up its ally’s defenses after missile attacks on the kingdom’s oil infrastructure in September, French officials said.
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Saudi Arabia Strongly Condemns Houthi Terrorist Attack in Yemen’s Marib
Saudi Arabia strongly condemned on Monday the terrorist attack carried out by the Iran-backed Houthi militias against a mosque in the al-Estiqbal military training camp in Yemen’s Marib last week. The Foreign Ministry said the Houthis commit such acts to deliberately undermine the political process in Yemen.
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Turkey interest rate cut to dampen foreign investor appeal
Turkey’s move to cut interest rates highlights the country’s economic fragility and its exposure to geopolitical risk, say analysts. The latest 75 basis point cut on Jan. 16 follows four consecutive cuts during the last four monetary policy meetings that were held last year. In a bid to stimulate growth, President Recep Tayyip Erdogan also hinted recently about the forthcoming interest rate cuts.
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The 50th Davos summit in numbers
BBC News takes a look at some of the numbers around the 50th World Economic Forum in Davos, Switzerland.
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Ministry of Housing, With the Support of Alpin, Develop Mostadam, New Green Building Rating System
Alpin Limited is proud to have been an integral part of the development of Mostadam, a new green building rating system developed by the Ministry of Housing of the Kingdom of Saudi Arabia. Mostadam, launched in October 2019, will have a great impact on construction projects in the region. It draws inspiration from the Saudi Vision 2030 and its objectives (energy, water, and human health). Mostadam will greatly improve sustainability in the construction industry and will have a resoundingly positive social and economic impact.
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Hundreds injured in Lebanon as violence flares in ‘week of anger’
Lebanese medical groups said at least 377 people were injured on Saturday, including 80 who were taken to hospital, during the culmination of days of unrest that organisers called a “week of anger” after a relative lull.
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World Economic Outlook Update, January 2020: Tentative Stabilization, Sluggish Recovery?
Trade policy uncertainty, geopolitical tensions, and idiosyncratic stress in key emerging market economies continued to weigh on global economic activity—especially manufacturing and trade—in the second half of 2019. Intensifying social unrest in several countries posed new challenges, as did weather-related disasters—from hurricanes in the Caribbean, to drought and bushfires in Australia, floods in eastern Africa, and drought in southern Africa.
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