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Recent stories from sustg
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Strong U.S., Saudi Arabia Security Alliance Evident in Latest SIPRI Annual Report
- March 13,2020
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- SUSTG Team
Saudi Arabia was the largest recipient of US arms in 2015–19 and accounted for 25 percent of U.S. arms exports, a surge of 17.6 percent over the period between 2010-2014, according to the latest Trends in International Arms Transfers, 2019 report from the Stockholm International Peace Research Institute (SIPRI).
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For Saudi Arabia’s Red Sea Projects, Protecting the Natural Wonder of Sea and Sky a Priority
- March 3,2020
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- SUSTG Team
Saudi Arabia’s planned Red Sea Development Projects will create massive tourism opportunities for the Kingdom, but Saudi authorities are keen on keeping the natural, pristine beauty of the as-yet developed sites intact during planning and construction.
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Weaker Demand for Oil as Coronavirus Spreads, Pushing Prices Down
- February 12,2020
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- SUSTG Team
Saudi Arabia and other oil producing nations that form the OPEC+ group are seeking common ground on how to keep oil prices from tumbling further in the face of weak demand from the spread of the Coronavirus.
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Saudi Arabia’s 2018 CO2 Emissions Fall Faster Than Expected
- February 4,2020
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- SUSTG Team
Latest data for the year of 2018 show that emissions in Saudi Arabia have fallen significantly for the first time, down 4.4% or 26 million tons, according to researchers at the King Abdullah Petroleum Studies and Research Center (KAPSARC).
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Using ‘Greenshoe Option’, Saudi Aramco Raises IPO to Record $29.4B; Banks Seek ‘Incentive Fee’
- January 14,2020
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- SUSTG Team
Saudi Aramco sold millions of additional shares of its initial public offering using a so-called “greenshoe option” that has raised the size of its IPO by nearly $4 billion.
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Saudi Non-Oil GDP Rises as Vision 2030 Reforms Kick In
- January 2,2020
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- SUSTG Team
Economic indicators from the month of November show a continued positive trend for Saudi Arabia, with non-oil GDP surging and credit to the private sector rising to the highest rise in 3 years, Jadwa Investment said.
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The Big Business of Riyadh Season: GEA Nets $270 Million from Entertainment Push
- December 19,2019
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- SUSTG Team
The chairman of the General Entertainment Authority (GEA) in Saudi Arabia said that the Kingdom’s “Riyadh Season” of events has generated more than SR1 billion ($270 million) for the GEA, according to Arab News.
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Arab Youth are Concerned about Unemployment, Poll Finds
- December 10,2019
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- SUSTG Team
A recent Arab News — Arab Strategy Forum research study conducted by YouGov found that 55 percent of Arab youth believe corruption is the main problem in their country, but unemployment was close behind at 46 percent, according to Arab News. In the Arab world, 65 percent of the population are under the age of 30. The study interviewed 3,079 […]
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Saudi Arabia Assumes G20 Presidency, Launches Promotional Video
- December 2,2019
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- SUSTG Team
Saudi Arabia has assumed the presidency of the Group of 20 nations (G20) for the year as it gears up to host the annual G20 meeting in Riyadh in 2020. The Kingdom launched a promotional video that has been widely shared on Twitter and other social platforms.
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U.S. Continues Troop Deployments to Saudi Arabia
- November 21,2019
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- SUSTG Team
The United States is continuing forward with a deployment of 3,000 troops to Saudi Arabia to deter threats from Iran, according to a letter sent by President Trump to the U.S. Congress this week. “United States Armed Forces have been deployed to the Middle East to protect United States interests and enhance force protection in […]
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Following talks in Ankara, Turkish President Recep Tayyip Erdogan and his Russian and Iranian counterparts issued a joint statement saying they were committed to achieving a 'lasting ceasefire' in Syria.
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