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Morocco expects to build five new solar plants by the end of the decade with a combined production capacity of 2,000 megawatts (MW) and at an estimated cost of seven billion euros ($9 billion). The Nour 1 plant cost 600 million euros and is expected to have a capacity to generate 160 MW. A consortium led by Saudi developer ACWA Power won the contract to build the plant, near Morocco's desert gateway city, last September.
Work on the project is under way. It includes 756 metro cars, 85 stations, 6 metro lines and 176-km. network. It will also include 3,853 bus stops and stations, 24 bus routes, 1,150 km network and 956 buses. Three foreign groups have been awarded contracts to build the project.
The list accords him the place in light of Saudi Arabia being home to Islam’s two holy cities of Makkah and Madina, which millions of Muslims visit throughout the year, as well as the kingdom’s oil exports. Rounding out the top three are Dr Ahmad Muhammad al-Tayyeb, grand sheikh of Al-Azhar University and grand imam of Al-Azhar mosque, and Iran’s Supreme Leader Ali Khamenei. The top nine are all political leaders and royals, including Morocco’s King Mohammed VI and Turkish President Recep Tayyip Erdogan.
ISIS came along to supersede the FSA, as the FSA had replaced the protesters. ISIS was more combative, more ruthless, better financed, and more effective, using mobility across the desert in Syria and Iraq to launch surprise attacks. It used suicide teams in bomb-laden trucks to open the way into regime strongholds that its rebel adversaries had merely besieged. Moreover, it has achieved the one objective that eluded the FSA: it brought American airpower into the war, but not in the way the FSA wanted. Instead, the Syria war has produced an opposition to Assad so repellent and so antagonistic to Western allies in the region that when the air intervention came, it arrived in the guise of the regime’s ally in all but name.
The Council of Saudi Chambers of Commerce and Industry has announced a series of measures to activate a project it had launched earlier to enable women, especially those with special needs, to work from home.
"NCB's IPO is the mother of all IPOs", John Sfakianakis, Regional Director at Ashmore Group, told CNBC. "It's significant for the banking sector because it's the only bank of systemic significance that is going to be publicly traded and enhances transparency and governance".
Saudi Arabian Airlines plans to raise at least 10 billion riyals ($2.7 billion) through the sale of shares in its ground-handling, cargo and maintenance units.
“Yes, we had a weakness over there, whereby some unfortunately some extremists in Saudi Arabia…did fund certain extremist elements in Syria. But Saudi Arabia has taken very strict rules to stop that from happening. And yes, right now all this has been stopped completely,” he said.
A sudden surge in public executions in Saudi Arabia in the last two months has coincided with a U.S.-led bombing campaign against Islamic State. This has led to inevitable comparisons in Western media between Islamic State's beheadings and those practiced in Saudi Arabia.
Roughly six weeks ago, after a relatively quiet July and August, we began to see a slow uptick in the number of MERS-CoV infections being reported out of Saudi Arabia. While the numbers remain modest – even compared to the same time last year – the clustering in Taif east of Mecca prior to the Hajj is concerning.