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Road to the G20: Two-Day Virtual B20 Begins Today
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. This week, Saudi Arabia will host the B20 business-focused group, as well as the T20 meetings later this week.
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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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Road to the G20: L20 Summit, Focused on Workers and Labor, Emphasizes Inclusion of Women and Youth
On the 7th and 8th of September, the Labor 20 engagement group launched its Saudi L20 Summit, titled “A New Social Contract for Recovery and Resilience,” which was held in the Saudi capital Riyadh in accordance with COVID-19 safety measures, and was streamed online to allow the participation of international speakers and audience.
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Saudi Government Lifts Suspension of Entry and Exit into Saudi Arabia for Residents, Visa Holders
The Government of Saudi Arabia announced changes effective September 15 that allow holders of current residence permits (known as “iqamas”) with a valid entry/exit visa as well as holders of a valid business or visit visa to enter (including exit and re-enter) Saudi Arabia, according to an advisory provided to SUSTG.
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‘We are looking into any opportunity’, PIF Chief Says as Saudi Eyes Value Investments
Saudi Arabia’s head of its Public Investment Fund, Yasir Al-Rumayyan, said the fund is looking to make more value investments in the weeks and months to come with global markets down as a result of the Coronavirus pandemic.
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Saudi Aramco reports 2019 results in ‘difficult macro environment’
Saudi Aramco announced its full-year 2019 financial results, delivering “strong profits and dividends despite a lower price environment and challenging margins in refining and chemicals,” the company said in a press release.
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On Third Day of Saudi Trip, Pompeo Tours Saudi Airbase, Meets with Crown Prince Mohammed bin Salman
Secretary of State Michael Pompeo met with Crown Prince Mohammed bin Salman and separately with Prince Khalid Bin Salman in Saudi Arabia on his third and final day of a visit to the Kingdom, according to reports, before taking a tour of a key Saudi Arabian air base where the U.S. has deployed defense capabilities.
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Pompeo Meets with King Salman, FM Prince Faisal bin Farhan in Riyadh
Secretary of State Mike Pompeo met with King Salman and Foreign Minister Prince Faisal bin Farhan in Riyadh today, photos from the Saudi Press Agency show.
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Pompeo, Saudi Counterpart Prince Faisal bin Farhan Meet in Washington Wednesday
US Secretary of State Mike Pompeo met with Saudi Arabia’s foreign minister Prince Faisal bin Farhan in Washington Wednesday to discuss Iran, Yemen, and other issues of mutual interest.
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Saudi Arabia launches third phase to build up solar power capacity, invites bidders for new projects
Saudi Arabia’s energy ministry has issued a request for qualifications for the third round of the Kingdom’s National Renewable Energy Program (NREP), which comprises of “four Solar PV projects with a combined generation capacity of 1,200 MW,” the Saudi Press Agency said.
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MUST-READS
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Saudia Group, CFM sign $8.5bn engines purchase deal
Under the terms of the agreement, CFM will also assist the Saudia Group subsidiary Saudia Aerospace Engineering Industries (SAEI) in developing its own engine overhaul services, including disassembly, inspection, assembly, testing, and qualification/certification for the LEAP-1A engines. "We have been delighted with the reliability and the best-in-class support provided by CFM over the years," said Ibrahim Al-Omar, Director General of Saudi Arabian Airlines Group.
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Saudia Weighs Bumper Jetliner Order to Reach 250-Strong Fleet
Saudi Arabian Airlines is contemplating an aircraft order from Airbus SE or Boeing Co. that could total well above 100 jets as part of a push to lure more tourists. The carrier is targeting a fleet of 250 aircraft by 2030, adding around 100 for growth while renewing a significant chunk of an existing 150-plane fleet, Chief Executive Officer Ibrahim Koshy said in an interview Monday. Most of the requirement is for twin-aisle planes, though options for Airbus narrow-bodies could be converted to firm orders.
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Saudia in talks with Airbus, Boeing for wide-body jets, CEO says
Saudi Arabian Airlines is in talks with Airbus (AIR.PA) and Boeing (BA.N) for a wide-body jet order, with a decision expected next year, its chief executive said on Sunday. The state-owned carrier, also known as Saudia, is planning to expand rapidly over the next eight years as part of a government strategy to transform the kingdom into a transport hub.
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Saudia offers promotional package to attract GCC travelers to ‘Riyadh Season’
Saudia Airlines has launched an exceptional promotional offer to travelers from the Gulf Cooperation Council (GCC) to the Saudi capital, Riyadh, at a cost of $150.
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SAUDIA crowned the world’s most improved airline in 2021
Skytrax announced on Tuesday that SAUDIA is the World’s Most Improved Airline of 2021. This is the second time that SAUDIA has won this award since 2017. That year, the Saudi flag carrier impressively jumped from the 82nd to 51st position, a 40% improvement. This year, however, SAUDIA improved by a stunning 55% and is now 26th in the Skytrax ranking of global airlines.
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Saudia to increase domestic flights seating capacity by 52%
Saudi Arabian Airlines will allow full passenger seating capacity on domestic flights as of September after obtaining the approval of the General Authority of Civil Aviation (GACA), the airline said in a statement on Thursday. The airline will increase seating capacity for domestic flights by 52%.
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Saudia’s New Face Masks Are A Beautiful Nod To Saudi Heritage
A Twitter user shared a picture of Saudia’s new face masks and they are all about Saudi heritage and pride The masks have beautiful designs representing different cultural designs from various parts of Saudi Arabia.
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How Saudia Became The Middle East’s Largest Airline
Saudia’s pole position is all about its large domestic network – something that others don’t have. And it remains relatively strong, down as it is by a mere 7%. Indeed, the carrier’s expansive domestic operation means it is also the Middle East’s top airline by total flights, although it slips to third if available seat miles are considered. This makes complete sense given its short domestic routes and large fleet of narrowbodies.
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Saudia Airlines eyes return to profitability by 2024, CEO says
State-owned Saudi Arabian Airlines plans to return to profitability by 2024, its chief executive officer said on Monday. Global airlines industry has been hit hard by the coronavirus pandemic, which has left many planes grounded or flying near empty.
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Saudia Airlines activates codeshare agreement with Gulf Air
Starting next summer, Saudia’s “SV” flight code will be included for Gulf Air flights from Bahrain to Riyadh, Jeddah, Tbilisi, Sialkot, Faisalabad, Baku and Multan, while the Gulf Air code “GF” will be included for Saudia flights from Riyadh and Jeddah to Bahrain, Abha, Jazan, Yanbu, Jawf, Hail and Tunis.
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