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Russia’s Putin Arrives in Saudi Arabia to Discuss Oil Market Stability, Regional Tensions
- October 14,2019
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- SUSTG Team
Russia’s President Vladimir Putin is in Saudi Arabia to visit with top Saudi leaders, his first trip to the Kingdom in over a decade. The visit is a sign of Russia’s “growing Middle East clout,” Reuters reports, as tensions brew in regional hotspots where Russia and Saudi Arabia’s interests diverge. Putin will sign oil agreements, which will […]
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Officials Announce ‘Riyadh Season’, a Three-Month Series of Events
- October 9,2019
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- SUSTG Team
Saudi officials have launched ‘Riyadh Season’, a new, three month series of events that will take place from October 15 to December 15 all around Riyadh. The countdown was launched by the chairman of the General Entertainment Authority, Turki Al Sheikh, on his twitter account in a video. The theme of the first season is ‘Imagine.’ Officials have […]
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Saudi Arabia, France Announce ‘Major Partnership’ for Al-Ula Development
- October 8,2019
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- SUSTG Team
France and Saudi Arabia have announced a “major partnership” to develop the area of Al-Ula, a historic site in the Kingdom that is part of its push to bring in tourists and open the Kingdom up to investment. According to The National, the new partnership will take place in three phases, with the first being completed in […]
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First in-depth archaeological survey at Al-Ula hopes to uncover mysteries of the Nabateans
- October 3,2019
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- SUSTG Team
Archaeologists are planning to carry out the first international, in-depth survey of Al-Ula in Saudi Arabia and the surrounding areas “the size of Belgium” in order to better understand the Nabatean people, the BBC reports.
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Travelers Arrive in Saudi Arabia on Newly-Issued Tourist Visas
- October 2,2019
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- SUSTG Team
First visitors have arrived in Saudi Arabia on new tourist visas as Saudi Arabia looks to attract visitors and investment into the Kingdom. Saudi Arabia announced a new tourist visa scheme on Friday that will see the Kingdom open up to international leisure travelers for the first time, a historic milestone in a broader push to diversify and modernize its economy and society. […]
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Full Transcript: Crown Prince Mohammed bin Salman’s Interview with CBS’ 60 Minutes
- October 1,2019
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- SUSTG Team
Below is the full transcript from the CBS 60 Minutes interview with Saudi Arabia’s Crown Prince Mohammed bin Salman. *** Norah O’Donnell: Did you order the murder of Jamal Khashoggi? Crown Prince Mohammad bin Salman: Absolutely not. This was a heinous crime. But I take full responsibility as a leader in Saudi Arabia, especially since it […]
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Range of ‘Positive Developments’ Seen in Latest Saudi Economic Data for August 2019
- October 1,2019
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- SUSTG Team
Economic data for Saudi Arabia for the month of August revealed a number of “positive developments” in several areas, according a recently-released monthly chartbook report by Jadwa Investment. The Riyadh-based bank noted that POS transactions rose by 18 percent year-on-year, while non-oil PMI index edged up, and cement sales and production rose by 12 percent and […]
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Saudis Pay Tribute to Famous Bodyguard to Kings Killed in Dispute with Friend in Jeddah
- September 30,2019
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- SUSTG Team
Saudi citizens took to social media to pay tribute to Maj. Gen. Abdulaziz Al-Fagham, the bodyguard to both the late King Abdullah and King Salman who was killed in argument with a friend in Jeddah, Saudi state media said. Al-Fagham, a tall and fit man who had a familiar face for many Saudis because he was […]
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Historic Change Opens Up Saudi Arabia to Foreign Tourists, Relaxes Dress Restrictions
- September 27,2019
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- SUSTG Team
Saudi Arabia announced a new tourist visa scheme on Friday that will see the Kingdom open up to international leisure travelers for the first time, a historic milestone in a broader push to diversify and modernize its economy and society. Until today, visas were largely restricted to pilgrims, business travelers and expatriate workers, leaving much of Saudi Arabia – including 5 UNESCO World Heritage sites, […]
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King Salman Opens Jeddah Airport’s New Terminal
- September 25,2019
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- SUSTG Team
Saudi Arabia’s King Salman opened and toured a new terminal at King Abdulaziz International Airport in Jeddah on Tuesday as the Kingdom continues to invest in ambitious plans to transform its tourism sector. The new King Abdul Aziz International Airport Terminal 1 (KAIA Terminal 1) in Jeddah is one of the biggest infrastructure projects undertaken […]
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Saudi-led coalition deploys troops to monitor truce between Yemeni allies
The Saudi-led coalition fighting in Yemen said on Wednesday it deployed troops in the province of Abyan to monitor a ceasefire between the internationally recognised government and the southern separatists. Yemen’s Saudi-backed government and the United Arab Emirates-backed Southern
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Saudi Arabian citizens to receive free plots of land in Neom futuristic megaproject
The city on the coastline of the Red Sea will extend into neighboring Egypt and Jordan and has received $500 billion in financial support from Saudi Arabia’s Public Investment Fund (PIF), is expected to be an eco-friendly project with state-of-the-art technology.
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Expat Departures to Benefit Saudi Arabia’s Unemployed
The expected departure of more than a million overseas workers from Saudi Arabia could help keep a lid on unemployment among the kingdom’s citizens even as the economy contracts the most in two decades. Riyadh-based Jadwa Investment sees 1.2 million foreigners leaving the labor market in 2020, roughly 9% of total employees. Joblessness among nationals is expected to remain at around 12%, Jadwa economists said in a report.
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Afghan peace talks seen this month after U.S. shuttle diplomacy
Talks to end the 18-year-old conflict in Afghanistan may begin this month, sources said on Monday, a day after the U.S. special envoy visited the capital of neighbouring Pakistan and met Taliban leaders in Qatar.
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Coronavirus: Gulf sovereign wealth funds ‘need to be deployed’ amid pandemic
The Gulf region’s twin shock of the coronavirus pandemic and severely weakened oil prices continues to pressure its economies, with new forecasts over the weekend painting a grim picture. As governments around the world roll out stimulus measures and rescue plans in an effort to save their hard-hit private sectors and most hard-hit industries, some have called for sovereign wealth funds — which are particularly large in the Gulf — to step in.
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FBI: Man plotted terror attack in Florida on behalf of ISIS
A criminal complaint charges Muhammed Momtaz Al-Azhari, a 23-year-old U.S. citizen, with attempting to provide material support or resources to a designated foreign terrorist organization. The charge carries a potential 20-year prison term.
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Saudi public sector employees will return to work starting May 31
Restrictions will be lifted in three phases, culminating in the curfew completely ending from June 21, with the exception of the holy city of Mecca, the state news agency reported.
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U.S. Unemployment rate soars to 14.7% in April
The U.S. economy shed a record 20.5 million jobs in April as the unemployment rate skyrocketed to 14.7% — more than quadrupling from the rate seen before the coronavirus outbreak — according to government data released Friday.
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Saudi Arabia’s NEOM launches 1st technical diploma program
“NEOM Vocational Diploma Ending in Employment” program is one of the several initiatives launched to build the capacity of the community. Other programs that NEOM has launched as part of its social responsibility include scholarship and English language training program.
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Hundreds of lawmakers urge Pompeo to take ‘increased diplomatic action’ to renew Iran arms embargo
Under the resolution, an arms embargo on Iran, as well as an arms export ban, is set to lift Oct. 18. The resolution also said travel restrictions on officials and entities involved in Iran’s nuclear and missile programs will expire in October.
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