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Report: Progress Toward the End of the Conflict in Yemen
- June 22,2021
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- SUSTG Team
The Saudi-led coalition fighting to restore the U.N.-backed government in Yemen and the Iran-backed Houthi rebels are working on a peace deal that would bring toward a close the years-long fighting in the country, according to a report in Reuters, which cited three sources.
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Shoura Council Calls on Saudi Body to Study Expanding Foreign Ownership of Saudi Land
- June 11,2021
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- SUSTG Team
Saudi Arabia’s Shoura Council has called on the Kingdom’s Real Estate General Authority “to coordinate with the relevant authorities to study its proposal allowing non-resident foreign individuals to own real estate in Saudi Arabia amid specific controls,” the local Saudi Gazette reports.
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Saudi FM Faisal bin Farhan Acknowledges ‘Exploratory Talks’ with Iran; Kingdom is ‘Hopeful’
- May 19,2021
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- SUSTG Team
Saudi Arabia’s Foreign Minister HRH Prince Faisal bin Farhan acknowledged in an interview with the AFP that the Kingdom has held “exploratory talks” with regional rival Iran, and said that Saudi Arabia is “hopeful” that the talks in their early stages will lead to diplomatic progress.
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Saudi to Make COVID-19 Vaccinations Mandatory for All Public and Private Sector Workers
- May 7,2021
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- SUSTG Team
All public and private sector workers wishing to attend a workplace in Saudi Arabia will be required to have taken a COVID-19 vaccination, the human resources ministry said on Friday. The ministry did not say when the new rule would take effect.
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Ramadan Moon Seen in Saudi Arabia, Holy Month Begins Tuesday
- April 13,2021
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- SUSTG Team
The Ramadan crescent moon has been sighted in Saudi Arabia, meaning the holy month will officially begin on Tuesday, April 13, according to an official announcement from the Kingdom’s Supreme Court.
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Saudi Arabia’s First Major Wind Farm Reaches Milestone as Renewables Push Continues
- April 12,2021
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- SUSTG Team
Saudi Arabia’s Dumat Al Jandal wind farm, its first major wind energy installation and part of a broader mix of national renewable energy solutions, has reached the 50 percent completion mark, according to reports.
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Jadwa Investment Launches $266m Fund to Invest in Riyadh’s Real Estate Market
- April 6,2021
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- SUSTG Team
Saudi Arabia’s Jadwa Investment has reportedly launched a $266m fund to invest in Riyadh’s real estate market, hoping to develop more than 1,500 residential units through several apartment complexes, targeting mid- to high-income households, the UAE-based The National reports.
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US-based Railcar Company Greenbrier the Latest to Move Regional HQ to Riyadh
- March 25,2021
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- SUSTG Team
US-based railcar company Greenbrier is one of the latest American companies to be moving or building their regional Headquarters in Riyadh, the company said, as it looks to profit off the opportunities presented by the Kingdom’s Vision 2030 economic and social reform plans. The NYSE-listed Greenbrier is one of 24 companies that have recently agreed […]
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New Whitepaper Examines the State of Recycling, Waste Management in Saudi Arabia, UAE
- March 22,2021
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- SUSTG Team
A new whitepaper released online from the UK-based publication The Economist Intelligence Unit examines the state of waste management and recycling in Saudi Arabia and the UAE. The whitepaper, entitled Towards zero: Rethinking recycling in Saudi Arabia and the UAE, examines the state of waste management in Saudi Arabia and the UAE and identifies priorities for accelerating […]
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Event Alert: H.E. Khalid Al-Falih, Princess Reema bint Bandar Headline U.S.-Saudi Arabia Business Leaders Virtual Forum on March 23-24
- March 18,2021
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- SUSTG Team
The U.S. Chamber of Commerce is hosting a two day virtual event bringing together U.S. and Saudi Arabia business and government leaders on March 23-24. The event, entitled the U.S.-Saudi Arabia Business Leaders Virtual Forum, will see virtual keynote remarks delivered by H.E. Khalid Al-Falih, Saudi Arabia’s Minister of Investment, H.R.H. Princess Reema bint Bandar […]
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MUST-READS
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ChangePerspective: Why change in Saudi Arabia is not as easy as it seems
Many outsiders and political analysts argue that the Saudi government is the one standing in the face of change demanded by its citizens. They assume that the population is predominantly liberal and is caught up in a conservative setting. They believe that a top down approach to change is the only way forward. Insiders know otherwise.
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Saudi-IranIran, Saudi Arabia to exchange diplomatic visits: Iranian foreign minister
Iran and Saudi Arabia will exchange diplomatic visits soon, Tehran said on Wednesday, indicating a possible thaw in relations between the regional rivals since they severed diplomatic ties last year.
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Saudi Aramco IPOSaudi Aramco’s value at risk from climate change policies
The valuation of Saudi Aramco, which is planning its initial public offering for next year, could be greatly cut by policies to address the threat of global warming, an environmental campaign group has warned.
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Top Security Threat SurveyThe world fears ISIS and climate change, says research center
Individuals in 38 countries have identified the Islamic State group and climate change as top security threats, according to Pew Research Center. In a survey conducted in 38 countries, Pew asked 41,953 people what they think is a top concern for their country. Sixty-two percent believe the Islamic State group is a major threat. Meanwhile, 61 percent cited climate change.
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Saudi-IraqPerspective: Saudi Arabia’s change of tack on Iraq
The border reopening follows on from an increasingly active effort at establishing some person-to-person links through senior visits. In February, Saudi Foreign Minister Abdel al-Jubeir broke a 20-year drought by visiting Baghdad. Iraqi Prime Minister Haider al-Abadi visited Saudi Arabia in June this year and last month the Saudi Chief of General Staff Abdulrahman al-Bunyan reciprocated, at which time the decision to reopen the border crossing was made.
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Women's EntrepreneurshipWith World Bank Initiative, a Change in Tone for Trump Administration
But despite the concerns around governance and ethics, the so-called Ivanka fund might be a sign that — despite its “America First” policy — the White House is not as combative toward multilateral institutions like the World Bank and the International Monetary Fund as many in Washington expected.
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UAE$1.4bn Royal Atlantis to complete in 2019, despite design changes
Despite adjustments to its design, Dubai’s The Royal Atlantis Resort & Residences is still on course to complete and open in 2019, according to Six Construct’s Pierre Sironval
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Vision 2030Saudi economic reforms may be delayed amid political change
Bank of America Merrill Lynch sees next phase of reforms being delayed to enable smooth political succession
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Saudi Aramco IPOCity regulator plans rule change to allow Saudi oil giant’s $2tn float in London
The FCA’s proposals would allow state-owned companies to qualify for a premium listing – which has more onerous corporate governance rules – without having to meet two criteria. One relates to how the company and the controlling shareholder conduct deals with each other, and the second allows investors a vote on independent directors.
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Crown Prince Mohammed bin SalmanOpinion: The U.S. Should Work With Saudi Arabia’s New Crown Prince for Change
The U.S. should work with Mohammed bin Salman, the new crown prince, as he pushes for change.
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