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Saudi Health Officials, Experienced with MERS-CoV, Take Preventative Measures against New ‘Wuhan’ Coronavirus
Officials in Saudi Arabia are taking precautions to stop the spread of a new coronavirus from China, screening arriving passengers and nurses to prevent a public health threat, according to reports.
Saudi Olympic Football Team Qualifies for Tokyo 2020, First Olympic Soccer Bid in 24 Years
Saudi Arabia and Korea Republic have become one of the first three Asian teams to secure a trip to the Summer Olympics in Tokyo, Fifa reports.
Oil Demand Growth Forecasted to Trend Higher in 2020
Oil demand growth is set to trend higher this year compared with 2019, a recent report from Jadwa Investment finds, citing OPEC forecasts and other global economic factors.
Saudi Authority Calls on UNESCO to Protect Traditional Khawlani Coffee Cultivation Techniques
The Saudi Heritage Preservation Society has called on UNESCO to protect traditional Khawlani coffee cultivation techniques in Saudi Arabia in a press release, noting that the Arabian tradition “has been passed down for generations by the ancient tribes of Khawlan who have grown and processed Khawlani coffee beans in the verdant valleys of Jazan, a region […]
Report: SABIC, Aramco set to decide on oil to chemicals project in 2Q 2020
Saudi Basic Industries Corp (SABIC) and Saudi Aramco expect to announce in the second quarter whether they’ll proceed with plans to build a facility to process crude oil directly into chemicals, Bloomberg reports.
The Economic Impact of Saudi Arabia Hosting the G20 Summit
A recent report from Jadwa Investment looks at the economic impact of Saudi Arabia hosting the G20 Summit, noting that while the Riyadh has hosted major summits before, “the G20 summit differs due to the sheer number of different events related to it” with more than 120 workshops, ministerial meetings and specialized seminars scheduled throughout […]
World Bank’s Women, Business and the Law Report says Saudi Arabia Top Reformer, Improver Among 190 Economies
The Kingdom of Saudi Arabia has realized a remarkable leap in the World Bank’s Women, Business and the Law 2020 report, with a score of 70.6 out of 100 and achieving the honor of being the top improver over the last year, according to reports.
Using ‘Greenshoe Option’, Saudi Aramco Raises IPO to Record $29.4B; Banks Seek ‘Incentive Fee’
Saudi Aramco sold millions of additional shares of its initial public offering using a so-called “greenshoe option” that has raised the size of its IPO by nearly $4 billion.
Saudi Aramco Energy Ventures Prepares New $500m Fund, Opens Office in China
Saudi Aramco Energy Ventures (SAEV), a unit of the kingdom’s energy company, is preparing to start a new $500 million fund this year after completing $500m in investments, Bloomberg reports.
World Bank Sees Saudi GDP Growth to Increase to 1.9% in 2020, with More Growth Onward
The World Bank forecasted Saudi Arabia’s GDP growth will increase significantly in 2020, to 1.9%, compared with 0.4% in 2019, with further gains in subsequent years.
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Youth in Egypt wooed by President Sisi in a rush to head off unrest
“I have one million youth trying to enter the labor market each year. They want a home, they want to marry, they want to raise children,” President Sisi recently told a group of foreign reporters. “One. Million.” “How much would that cost in highly developed countries? How many jobs would you need to create? Could you do that, every year, for one million people?”
Oil Tankers Dawdle Off Libya’s Coast as Warlord Halts Exports
Ten ships able to carry about 8 million barrels are floating in the country’s waters, mostly around the key terminals of Es Sider and Ras Lanuf, according to tanker tracking monitored by Bloomberg.
Successor to slain Iran general faces same fate if he kills Americans – U.S. envoy
After Soleimani’s death, Tehran swiftly appointed Esmail Ghaani as the new head of the Quds Force, an elite unit in the Revolutionary Guards that handles actions abroad. Ghaani has pledged to pursue Soleimani’s course.
US forces in Iraq are facing more attacks from Shiite militias than ISIS, commander says
"In the time that I have been in Iraq, we've taken a couple of casualties from ISIS fighting on the ground, but most of the attacks have come from those Shia militia groups, who are launching rockets at our bases and frankly just trying to kill someone to make a point," Grynkewich said Wednesday at an event hosted by the Air Force Association's Mitchell Institute for Aerospace Studies.
Turkish foreign minister says Russian S-400 air defense no threat to NATO
“The claim is that the S400 and F-35s are incompatible. That’s the claim. Here is our proposal, let’s have a working group and NATO can chair this and let’s let experts make the assessment and come back to us,” he said.
Assad may have won the Syrian war, but now he’s battling the economy
So far this year, the currency has plunged to half its value in 2019. The prices of some consumer goods have doubled, and those of staples such as meat and vegetables are up as much as 50 percent, according to official estimates. The government plans to ration sugar, rice and tea via a “smart card” system, introduced last year to ration oil products at subsidized prices.
Syria war: Jihadist assault ‘kills dozens of soldiers’
Up to 40 Syrian soldiers have been killed in an assault by hundreds of militants in north-western Syria, according to Russia's defence ministry. The ministry, which supports Syria's government, said there were several attacks in which the militants seized two settlements in Idlib province. Syrian state media said members of a jihadist alliance set off car bombs and used heavy fire as they targeted army positions in the Maarat al-Numan area.
Trump meets Iraqi counterpart, first since Soleimani strike
U.S. President Donald Trump hinted that sanctions on Iraq were still a possibility in a bilateral meeting with Iraq’s president Wednesday, the first since a U.S. drone strike on Iraqi soil killed a top Iranian general, straining Washington-Baghdad ties.
As Toll Mounts, Trump Downplays Injuries Suffered in Iranian Attack
Trump’s remarks, at the Davos Economic Forum in Switzerland, came just hours after the Defense Department acknowledged that it has sent more troops out of Iraq for medical evaluation and treatment — apparently for potential traumatic brain injury.
Holocaust: World leaders attend forum in Israel
World leaders are attending a forum in Jerusalem to mark the 75th anniversary of the liberation of the Auschwitz death camp in Nazi-occupied Poland.
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