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Saudi Arabia’s non-oil business activity grows robustly in March, PMI shows
Strong demand helped drive non-oil business activity in Saudi Arabia in March, Reuters reports, with output accelerating to a six-month high.
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Dolce & Gabbana Launches Flagship Saudi Store at Via Riyadh after Approaching KSA Market with ‘Caution and Respect’
Fashion icon Dolce & Gabbana unveiled a unique strategy for Saudi Arabia, opening up a flagship new store in Via Riyadh after approaching the market with “caution and respect,” Vogue Middle East reported.
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Hyundai and Red Sea Global Agree to Test EVs and Air Mobility Systems
Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Global (RSG) to cooperate in the Middle Eastern country’s push for electrification and other eco-friendly future mobility projects.
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The PIF’s biggest event of the year in Riyadh, the latest on the Saudi peace plan, and alcohol in Saudi Arabia? — The 966 Episode 120
In episode 120, The 966 once again has on offer a menu of excellence discussing some of the most important topics happening in Saudi Arabia this week — a tough decision for the editorial team as Saudi Arabia continues to create headlines as it marches forward with economic and social reforms.
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New Mega Mountain Resort Aquellum, a ‘Subterranean Digitalized Community of the Future,’ Added to NEOM’s Growing Vacation Destination Offerings
NEOM has announced Aquellum, a new “luxury and experiential” vacation destination which is the latest addition to the ongoing regional development in northwest Saudi Arabia.
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Two New Towers Planned for Saudi Arabia’s NEOM as Kingdom’s Building Boom Continues with Epicon
Two new towers aimed at attracting tourists to the Gulf of Aqaba in Saudi Arabia are set to be built in the special economic zone of NEOM as part of a new development launched last week called Epicon.
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Aramco produces first unconventional tight gas at South Ghawar
Aramco has successfully produced the first unconventional tight gas from its South Ghawar operational area two months ahead of schedule. This development supports Aramco’s strategy to increase gas production by more than half, over 2021 levels, through 2030, subject to domestic demand.
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AlUla’s Ancient Kingdoms Festival Spotlights the Region’s History
The Ancient Kingdoms Festival in AlUla, Saudi Arabia returns for its second year November 16-December 2. The festival celebrates the three great oases of AlUla, Khaybar, and Tayma.
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Google to Launch Saudi Cloud Region this Week, VP Says
Google will launch its Saudi Arabian cloud region this week, Anthony Cirot, Google Cloud’s EMEA South VP, posted on LinkedIn this week.
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MasterCard’s Maria Medvedeva joins The 966 to talk payments, fintech and more; plus more on Leyja at Neom
In Episode 110, Maria Medvedeva, Vice President, Saudi Arabia and Bahrain for MasterCard joins to discuss the company’s KSA strategy, fintech, payments, innovation, and her experiences living and working in a changing and evolving Saudi Arabia. Maria, based in Riyadh with her family, is responsible for Mastercard’s growth strategy and delivering innovative payment experiences for […]
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MUST-READS
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World Health Organization Warns Of MERS-CoV Resurfacing In Saudi Arabia
The World Health Organization just released a report about the resurfaced MERS-CoV cases in Saudi Arabia. The WHO was alerted by the Ministry of Health of Saudi Arabia about three MERS-CoV cases, including one fatality, from April 10 to 17, 2024. The patients, aged 56 to 60, were males from Riyadh with preexisting health, and were presumably exposed to the virus in a Riyadh healthcare facility.
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Perspective: Newcomers Bring New Rules
The world’s challenges are increasingly complex. Borders could not stop the spread of the Covid-19 pandemic, but Russia’s 2022 invasion of Ukraine demonstrated that the kinds of national wars that characterized the 20th century were still relevant. Ideology has faded, and the states of the Global South have grown larger and wealthier. They now expect a larger share of the global pie. While cooperation has become more necessary, the world has entered an era of increased national contestation.
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Saudi consumers spend $3.11billion during first week of Ramadan
The number of point-of-sale operations in Saudi Arabia during the first week of Ramadan (March 10-16) reached 168,615,000, with a value of SR11,688,154,000. According to the weekly bulletin for points of sale, issued by the Saudi Central Bank (SAMA), the number of operations in clothing and shoes reached 6,283,000 with a value of SR914,909,000 while the number of operations in construction materials stood at 1,522,000, with a value of SR307,596,000.
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Amazon Saudi Arabia expands Ramadan meal support drive with Eta’am, enabling millions of customers to contribute through Amazon.sa
This Holy Month of Ramadan, Amazon Saudi Arabia expands its longstanding partnership with the Saudi Food Bank (Eta’am), further strengthening its support to serve families in need. Building on four years of collaboration to deliver iftar meals, pack and deliver food essentials, organize community iftars, and more, the company will now offer customers across Saudi Arabia a seamless way to contribute essential day-to-day food items to underprivileged families through Amazon.sa.
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Two deaths from Mers reported in Saudi Arabia in past six months
Four new cases of Mers, including two deaths in the Middle East, have been reported to the World Health Organisation. In a twice-a-year update on the Middle East Respiratory Syndrome Coronavirus (MERS-CoV) – a disease typically transmitted by camels – four confirmed cases were reported by the Saudi Arabia Ministry of Health in Riyadh and the Eastern and Qassim regions of the kingdom. The deaths occurred between October 19 and December 24, 2023, while all four of those involved, two men and two women aged 59 to 93, had other health conditions.
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Saudi Aramco raises diesel prices for local consumers by 53 percent
The global oil producer has raised prices for local consumers three times since 2016. However, the recent jump of 53 percent is unprecedented. According to EFG Hermes Research, diesel prices have been reset at the end of each year since 2021. However, they witnessed increases in the last two years of SAR 0.11-0.12 per liter.
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Seven announces new Transformers Axis coaster for Saudi Arabia
Seven, a subsidiary of Saudi’s Public Investment Fund (PIF), is opening the new coaster at three of its 21 entertainment destinations as part of the world’s first Transformers-themed indoor entertainment centres. These are in Riyadh, Dammam and Jeddah. According to Seven, the attraction will offer a thrilling and unrivalled experience, reaching speeds of up to 55 km/h. Developed by amusement ride and coaster company S&S Worldwide, it will be the world’s first Axis coaster.
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AlUla’s Ancient Kingdoms Festival: Immersive journey into Saudi Arabia’s rich history
The Ancient Kingdoms Festival is back for its second edition in Saudi Arabia’s AlUla from November 16 to December 2.
Located 1,100 km from Riyadh, AlUla is home to extraordinary natural and human heritage. The ancient city includes a lush oasis valley, towering sandstone mountains and ancient cultural heritage sites, dating back thousands of years to when the Lihyan and Nabataean Kingdoms reigned.
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Luxury, Adidas and ‘made in China’: What Saudi fashion consumers are buying
The Kingdom of Saudi Arabia (KSA) may not be the first place that comes to mind when thinking of fashion, but it’s on track to become a serious player — in terms of both creation and consumption. According to a recent report by the Saudi Fashion Commission titled “State of Fashion in the Kingdom of Saudi Arabia 2023,” retail fashion sales in the country are expected to expand at an average annual growth rate of 13 percent to $32 billion from 2021 to 2025.
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Saudi Esports Federation, KFC team up to empower female gamers
In a move that promises to revolutionise the esports landscape in Saudi Arabia, the Saudi Esports Federation (SEF) and Kentucky Fried Chicken (KFC) have unveiled a transformative three-year partnership. This groundbreaking collaboration is dedicated to advancing local gaming talent onto the global stage and includes an initiative aimed at empowering women gamers.
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