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U.S. State Department Approves Potential $1.15b Sale of 130 Abrams Battle Tanks, 20 Armored Recovery Vehicles to Saudi Arabia
The U.S. State Department has approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment, worth about $1.15 billion, to Saudi Arabia, the Pentagon said on Tuesday. “The State Department has made a determination approving a possible Foreign Military Sale to the Kingdom of Saudi Arabia for […]
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Gallup Poll on Saudi Attitudes About Economy, Prosperity Sees Hope after Oil, Divide Between Saudis and Expats
A recently released Gallup poll, conducted shortly after the announcement of Vision 2030, found that nearly half of adults (48%) rate their lives well enough to be considered “thriving,” up significantly from 35% a year earlier. Such a large shift in thriving rates in a single year “is rare in any country,” Gallup said. However, there is a sharp […]
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Saudi Presents Investigation into Coalition Bombings in Yemen
An investigative committee examining charges that the Saudi-led coalition fighting against Houthi rebels in Yemen has caused civilian casualties largely defended their actions, Reuters reports. According to the Saudi Press Agency (SPA), the coalition’s investigative committee is independent and composed of representatives from six countries, all members of the Gulf Cooperation Council, in addition to […]
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Reuters Poll: Non-Oil Business Activity Slows in Gulf as Governments Tighten Spending
A recently released Reuters poll of economists finds that non-oil business activity is slowing in the Gulf because of government austerity measures, causing some to revise their economic forecasts down for the region. In 2015, growth in the GCC “began to lose steam as governments reduced spending to limit big budget deficits caused by cheap oil,” […]
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Aramco Names Ibrahim Al Buainain as Chief Executive of Its Trading Arm
Saudi Aramco has named Ibrahim Al-Buainain as chief executive of its trading arm, the company said on Tuesday, as Al-Buainain’s star continues to rise within the ranks of the energy giant. Ibrahim Al-Buainain’s promotion to CEO of Saudi Aramco Trading takes effect this month. In November 2014, Aramco named Al Buainain as head of Saudi […]
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Flare Up on Saudi Border with Yemen as Saudi Shoots Down Missile
The Saudi-led military coalition said Sunday that it shot down a ballistic missile fired at the Kingdom from Yemen, according to reports. The missile targeting the southern city of Najran was intercepted at 9:30 a.m. Saturday, a statement carried on the official Saudi Press Agency says. On the same day, Saudi-led airstrikes hit hideouts of the […]
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New Saudi Fund Created by Apicorp and Bahri Seeks to Create Biggest Tanker Fleet
A venture between Arab Petroleum Investment Corporation (Apicorp) and National Shipping Co. of Saudi Arabia (Bahri) “will create the world’s largest fleet of oil tankers and support the kingdom’s plan to boost crude exports,” according to a report in Bloomberg, which cited comments from Dr. Khalid al-Falih. The venture will create a $1.5 billion fund […]
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‘Saudi Arabia is among our closest counterterrorism partners’ CIA Chief Brennan Says
Director of the CIA John Brennan said that Saudi Arabia is “among our closest counterterrorism partners” at an event at the Brookings Institution yesterday. Brennan pointed to the enemies that both the United States and Saudi Arabia share, including the Islamic State and al-Qaeda terrorists. “The Saudi government and leadership today has inherited a history whereby there […]
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Aging Population, Pension System May Pressure Saudi Fiscal Policy, S&P Says
Saudi Arabia’s population could put greater pressure on the Kingdom’s fiscal policy and increase government debt as it ages over the next three decades, ratings agency Standard & Poor’s has warned. Saudi Arabia’s population is disproportionately young now, with over 70% of all Saudis under 30 years old. But even the smaller percentage of the population […]
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Millions Worldwide Celebrate Eid Al-Fitr, End of the holy month of Ramadan
Millions of Muslims worldwide celebrated the festival at the end of the holy month of Ramadan on Wednesday as the three-day Eid al-Fitr festival began. Eid al-Fitr festival traditionally means family gatherings and the exchange of gifts and a feast after a month of fasting from dawn until dusk. Despite two deadly terrorist attacks in […]
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New Ajax midfielder Henderson apologises again to anyone offended by Saudi move
Jordan Henderson, who joined Ajax Amsterdam on Thursday, has apologised again to anyone he might have offended six months after the England midfielder was the target of scathing criticism for his move to Saudi Arabian club Al-Ettifaq.The 33-year-old met with media a day after he signed with the Dutch side having terminated his contract with Saudi Pro League club Al-Ettifaq after six months.Henderson's switch to Saudi Arabia -- where homosexuality is illegal -- after 12 years at Liverpool was widely criticised as he has long been a supporter of the LGBTQ+ community.
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A Desperate Netanyahu Formally Rejects Any Palestinian Statehood Ever
On Thursday, January 18, Israeli Prime Minister Benjamin Netanyahu formally declared his long-held but never publicly articulated policy of opposing a two-state solution to the Israeli-Palestinian crisis. “In any future arrangement … Israel needs security control of all territory west of Jordan. This clashes with the idea of (Palestinian) sovereignty. What can you do?” Netanyahu told a news conference in Tel Aviv. This is a complete rejection of a Palestinian state and another rejection of U.S. policy goals.
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Palestinian state the only solution to Middle East unrest, says Saudi ambassador to US
Speaking at the World Economic Forum in Davos during a Saudi-focused panel discussion, Princess Reema bint Bandar said the Kingdom fully recognized Israel’s need and desire for security following the Oct. 7 attacks by Hamas militants. However, that security would not come “at the expense” of the safety of the Palestinian people, and there is a need for an immediate ceasefire, she added. “How many more children need to die? How many more limbs need to be lost? How many more parents need to lose their livelihoods? It cannot happen anymore; the Kingdom has condemned violence on both sides,” she said.
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Ministry launches health clusters across Saudi Arabia, completes first phase of transition
Each cluster will include primary care centers, public hospitals, and specialized services within its scope, offering beneficiaries integrated administrative organization to ensure service flexibility, promptness, and satisfaction. The clusters will also be responsible for the health of the population in their area through continuous monitoring, such as conducting early periodic examinations for all and collaborating with other entities to create a healthier community environment.
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Saudi event to feature 20-point golden ball with 167 break possible
The World Snooker Tour has announced a first TV event in Saudi Arabia, where there will be an extra 20-point golden ball for players who complete a 147.
Seven-time world champion Ronnie O'Sullivan, 2019 winner Judd Trump and current holder Luca Brecel will play in the event from 4-6 March.
The other seven players and schedule will be confirmed in the coming weeks.
Games will follow current rules but with a 23rd "Riyadh Season ball" pottable on completing a maximum break.
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Saudi Arabia to host World Economic Forum meeting in April
Saudi Arabia will host a special World Economic Forum (WEF) meeting in April, economy minister Faisal Alibrahim said on Thursday, as it aims to boost the global profile of the kingdom and its capital Riyadh.The meeting, scheduled to take place from April 28-29, will focus on global collaboration, growth and energy, Alibrahim said in Davos, Switzerland, where the World Economic Forum's main annual event is currently taking place.
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Saudi foreign minister calls for ‘credible and irreversible path to a Palestinian state’
Speaking to NBC News’ Keir Simmons at the World Economic Forum in Davos, Saudi Foreign Minister Faisal bin Farhan Al-Saud laid out the conditions necessary for Saudi Arabia to move towards normalizing relations with Israel.
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Saudi, Iranian foreign ministers discuss Israeli war on Gaza
Saudi Arabia and Iran held talks on Thursday on the ongoing Israeli war in the Gaza Strip, which left nearly 24,500 people dead. Saudi state news agency SPA said Foreign Minister Prince Faisal bin Farhan discussed with his Iranian counterpart Hossein Amir-Abdollahian bilateral relations and a host of issues of mutual concern. The discussions dwelt on the current developments in the Gaza Strip “and the need from the international community to shoulder its responsibility towards achieving an immediate cease-fire and protecting civilians," SPA said.
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Saudi Arabia’s Tadawul to buy 32.6% stake in Dubai Mercantile Exchange
Stock exchange owner and operator Saudi Tadawul Group (1111.SE), opens new tab will buy a 32.6% stake in the parent company of Dubai Mercantile Exchange (DME) and become the Emirati trading platform's joint largest shareholder, it said on Thursday.Founded in 2007, DME lists the Oman crude oil futures contract, which is a physically settled contract serving as a Middle East benchmark used by the region's national oil companies as part of their export pricing formulas.
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‘A deal done quickly’. How Jordan Henderson swapped Saudi for Amsterdam
Jordan Henderson has completed his move to Ajax having agreed to terminate his contract with Al-Ettifaq.
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