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U.S. lawmakers want information on Saudi Khashoggi’s death
Senior Republican and Democratic lawmakers renewed efforts this week to push President Donald Trump’s administration to make public information about the murder of journalist Jamal Khashoggi, which U.S. intelligence officials blame on Saudi Arabia’s most senior leadership.
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Russia opposes Saudi’s plan to deepen OPEC+ output cuts: WSJ
Russia has opposed Saudi Arabia's plan to deepen OPEC+ cuts by 1.2 million barrels per day, a Wall Street Journal reporter said in a tweet here on Wednesday, citing sources.
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Saudi central bank cuts key rates by 50 bps
The Saudi central bank on Tuesday cut its key interest rates by 50 basis points (bps) following the U.S. Federal Reserve’s 50 bps cut. The Saudi Arabian Monetary Authority cut its repo rate, used to lend money to banks, by 50 bps to 1.75% and its reverse repo rate, at which commercial banks deposit money with the central bank, by 50 bps to 1.25%, it said on its website.
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Saudi Arabia restricts entry for Gulf citizens, residents – SPA
Travelers coming from any fellow GCC state - the United Arab Emirates, Bahrain, Kuwait, Oman and Qatar - must spend 14 continuous days there and show no signs of the coronavirus before being granted entry, SPA said, citing an interior ministry source.
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Saudi Arabia’s Red Sea Film Festival postponed over coronavirus fears
The 10-day festival was ready to kick off in Jeddah on 12 March and was set to feature a number of local and regional films and acclaimed guests. American directors Spike Lee and Abel Ferrara were scheduled to attend.
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Virgin Hyperloop One gets trade licence in Saudi Arabia
"From here we intend to establish a permanent presence that would better enable us to invest in resources in the region and run our local operations," Tim Wilkinson, executive director of strategy and growth at Virgin Hyperloop One, said. "The move marks important progress towards the commercialisation of hyperloop technology and could propel the country to the forefront of hyperloop development worldwide.”
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Saudi light transport plans still in the dark
There are growing signs that Saudi Arabia may be reconsidering its commitments to the indigenously produced Taqnia An-132D light transport aircraft and may, instead, turn its attention to the larger Airbus A400M.
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Saudi’s ‘Aanaab’ wraps up its first investment round with $1.5 million
Aanaab platform offers online courses to enhance teachers’ and educators’ competencies through open learning. Teachers can enroll for free in various courses and opt to purchase a certificate of completion afterward. The platform also provides schools with premium solutions for teachers professionals within the school.
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For UAE, the advantages of nuclear power eclipse economics
The loading of nuclear fuel into the first of four reactors at the site, which together will eventually provide up to 25 per cent of the UAE’s energy, is seen as the official start of operations and was completed over the past fortnight.
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Iran to temporarily free 54,000 prisoners as coronavirus rapidly spreads
Iran will temporarily release 54,000 people from prisons and deploy hundreds of thousands of health workers as officials announced a slew of measures to contain the world's deadliest coronavirus outbreak outside China.
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