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Recent stories from sustg
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Saudi Arabia Suspends Privatization of the $2 Billion Ras Al Khair Desalination and Power Plant – Reports
- July 26,2021
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- SUSTG Team
Saudi Arabia has suspended the privatization plans for the Ras Al Khair desalination and power plant, valued at an estimated $2 billion, according to reports.
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Uncertainty Inside OPEC+ Causes Oil Price Flux
- July 9,2021
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- SUSTG Team
Oil prices continued to see increased volatility as traders attempt to understand how the Saudi-UAE chasm on production might affect supply in the coming months, according to reports.
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Prince Khaled bin Salman Visits Washington for High-Level Talks with Biden Administration; U.S. Talks with Saudi on Oil
- July 7,2021
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- SUSTG Team
Saudi Arabia’s deputy defense minister and former ambassador to the United States Prince Khaled bin Salman on Tuesday became the highest-ranking Saudi envoy to visit Washington since Joe Biden became president in January, Reuters reports. The prince represented the Kingdom in talks with senior Biden officials on the Yemen war and threats from Iran.
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May Economic Figures Show Positive Direction for Saudi Economy in Post-Pandemic Recovery
- July 2,2021
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- SUSTG Team
A number of non-oil indicators for the Saudi economy improved in May, including the non-oil PMI, which continued rising to 56.4 as activity and new orders grew, according to a recently-released Chartbook by Jadwa Investment for the month of May.
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Yergin: Saudi Leadership in OPEC+ Played Significant Role in ‘Incredible Strong Global Economic Recovery’
- June 21,2021
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- SUSTG Team
Saudi Arabia’s leadership in the OPEC+ group of oil-producing nations “brought a kind of predictability and stability and caution to the market” as the global economy recovers from the pandemic in 2021, Pulitzer Prize-winning historian of the oil industry Daniel Yergin told Arab News‘ Frank Kane in an interview.
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Saudi Arabia’s PIF Leads Investment in Gulf Infrastructure Fund from Aberdeen Standard Investments and Investcorp
- June 10,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has emerged as the lead investor in a planned $800 million Middle East infrastructure fund being established by Aberdeen Standard Investments and Investcorp, Bloomberg reports, citing a statement.
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With PIF Backing, Saudi Ports Behemoth Red Sea Gateway Terminal Looks for Big Investments Abroad
- May 26,2021
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- SUSTG Team
The operator of Saudi Arabia’s Red Sea Gateway Terminal (RGST) is looking to invest in ports in Africa and the Middle East, following backing from the Kingdom’s sovereign wealth fund (PIF), Bloomberg reports.
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Saudi Arabia Eyes $55 billion by 2025 Through Privatization Program, Al Jadaan Says
- May 25,2021
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- SUSTG Team
Saudi Arabia hopes to raise about $55 billion over the next four years with a revitalized privatization program, the country’s finance minister Mohammed Al-Jadaan told the London-based Financial Times in an interview published over the weekend.
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Saudi Arabia’s Ultra-Lux Amaala Resort May Raise Up to $2.7 Billion Next Year
- May 18,2021
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- SUSTG Team
Saudi Arabia’s ultra-luxury Amaala tourism project may raise up to 10 billion riyals ($2.7 billion) in 2022, the CEO of the company, John Pagano said in an interview on the sidelines of Arabian Travel Market in Dubai.
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Startup Ecosystem in Saudi Arabia Begins to Thrive
- May 6,2021
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- SUSTG Team
Saudi Arabia’s startup ecosystem is beginning to thrive as new and increasingly larger investments into young Saudi companies continue to mount.
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TurkeyCommentary: The Tin-Foil Hats Are Out in Turkey
In short, conspiratorial thinking is a national problem in Turkey. And it has detrimental consequences for the whole nation.
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TurkeyTurkey expels 73 more personnel from armed forces
It's estimated that more than 5,000 military personnel have so far been discharged since the coup, including 151 generals and admirals.
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TurkeyGroup: Renewed Turkey-Kurds conflict has killed nearly 2,000
International Crisis Group, a non-governmental organization, tracked the deaths in the resumed conflict until the beginning of September. It said at least 1,958 people, including 676 state security force members, 733 PKK militants, 219 youth of unknown affiliation, and 330 civilians have been killed.
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TurkeyAfter sweeping into northern Syria, Turkey faces hard choices
Turkey has revealed little about the strategy behind its first major incursion into Syria, beyond saying it wants to drive Islamic State and Kurdish fighters away from the border.
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SyriaTurkey warns of more strikes if Syrian Kurds don’t retreat
Turkey's foreign minister on Monday ordered predominantly Kurdish Syrian forces to withdraw east of the Euphrates River "immediately" or face more strikes by Turkish forces that crossed the border last week.
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SyriaTurkey fires on U.S.-backed Kurdish militia in Syria offensive
Turkish troops fired on U.S.-backed Kurdish militia fighters in northern Syria on Thursday, highlighting the complications of an incursion meant to secure the border region against both Islamic State and Kurdish advances.
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SyriaCommentary: Why Turkey Went to War in Syria
Turkey entered the Syrian war directly for the first time Wednesday morning, sending tanks and special forces to support a rebel offensive on the Islamic State’s only remaining stronghold on the Turkish border.
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U.S.-TurkeyWith Biden visit, U.S. seeks balance with truculent Turkey
Biden will be the most senior U.S. official to visit Turkey since the failed July 15 coup, when a group of rogue soldiers tried to overthrow the government and killed at least 240 people.
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U.S.-TurkeyAnti-Americanism surges in Turkey, fueled by politicians and a fervent press
But even as Turkish politicians and pundits alike publicly suggest that such cooperation may be at risk, with Turkey hinting at a “strategic rebalancing” toward Russia and Iran, analysts say close financial and strategic ties will limit how far Turkey’s anti-Americanism can go.
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TurkeyRussia-Turkey Rapprochement as Seen From The Middle East
According to the Syrian newspaper Kasyun, neither Washington nor Europe is in a position to provide Turkey with economic benefits and preferences, while Russia, or rather the BRICS states, can offer a lot to Turkey, from the participation in the Silk Road project, to gas contracts and the construction of nuclear power plants. http://journal-neo.org/2016/08/23/russia-turkey-rapprochement-as-seen-from-the-middle-east/
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