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QUOTED
“It brings us immense pride to have six of our short films brought onto Netflix. We are excited to bring the work of local Saudi talents to 167 million subscribers around the world. Telfaz11 Studios produces authentic and intriguing stories from our culture, and we cannot wait for the world to see what we have to offer.”
-Alaa Fadan, Chief Executive Officer at Telfaz11 Studios, commenting to Deadline on their agreement with Netflix which will badge the films under the banner Six Windows in the Desert. [deadline.com]
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TOP STORY
Saudi Arabia and other oil producing nations that form the OPEC+ group are seeking common ground on how to keep oil prices from tumbling further in the face of weak demand from the spread of the Coronavirus. [more]
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TOP STORY
Planners and developers working on making Saudi Arabia’s Al-Ula UNESCO heritage site easier and more enjoyable to visit are keen to keep intact the natural beauty and wonder of the site, the UAE-based The National reports, citing an interview with Francesca Arici, the site’s chief planning officer. [more]
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TOP STORY
Saudi Aramco has seen an increase in attempted cyber attacks since the final quarter of 2019 and has successfully repelled all of them so far, according to a Reuters report, which cited comments from an interview with chief information security officer Khalid al-Harbi. [more]
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MORE TOP STORYLINES
in home.kpmg : The CEO Outlook is based on the input of 50 CEOs in Saudi Arabia, compared with KPMG’s annual global survey amongst 1300 of the world’s leading CEOs and assesses some of the important international trends impacting Saudi Arabia and how companies can chart new business strategies for success over the next three years.
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Via Sarmad Khan and Michael Fahy in thenational.ae : Saudi Arabia’s National Development Fund, created in 2017 through a royal decree, is a combination of eight existing sectoral development funds overseeing sectors including agriculture, human development, industrial development and real estate. The NDF is currently in the process of identifying projects in infrastructure space and classifying them on different criteria, ranging from their potential for business opportunities to potential for increasing economic activity, he said.
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in nusacc.org/ : The United Arab Emirates ($20.04 billion) and the Kingdom of Saudi Arabia ($14.29 billion) continued to be the two largest destinations by far for U.S. goods in the Arab world. Together, these two countries accounted for 55 percent of total U.S. goods exported to the MENA region in 2019.
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MORE ON THE KINGDOM AND BEYOND
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Saudi Arabia and Lebanon's installations at the Venice Biennale seek to redress the balance by questioning masculine views and Western myths surrounding the portrayal...[By Rebecca Ann Hughes via euronews.com]
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Middle East countries spent 4.2 per cent of their gross domestic product (GDP) on defence in 2023, the highest rate globally, as ...[By Deena Kamel via thenationalnews.com]
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Saudi Arabia’s sovereign wealth fund agreed to buy a majority stake in Saudi Telecom Co.’s tower unit for 8.7 billion riyals ($2.3 billion)...[By Dana Khraiche via ]
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The Schengen Area, which includes 29 European countries, was expanded last February to include Bulgaria and Romania, eliminating all air and maritime...[By Mona Farag via thenationalnews.com]
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Saudi Arabia is pushing for a ceasefire in Gaza and the entry of more aid into the territory amid Israel’s war...[via alarabiya.net]
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The institute noted that three largest spenders in the region — Saudi Arabia, Israel and Turkey — all increased military spending last year. Saudi Arabia...[By Adam Lucente via al-monitor.com]
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The head of Saudi Arabia’s state oil company praised China’s exports of green technology, echoing Beijing’s talking points in what appeared to be a deliberate...[via semafor.com]
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Startups are a critical component of the 21st-century economy, driving innovation, creating jobs, and fostering national economic growth. In Saudi Arabia, venture...[By Sharif Almadani via linkedin.com]
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Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in...[By Yousef Saba via reuters.com]
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The Ministry of Tourism has shut down as many as 67 tourism hospitality facilities, including hotels and residential apartments, across the Kingdom during the first...[via zawya.com]
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Saudi Arabia’s cinema industry has generated revenue of SAR3.7 billion ($986.42 million) just six years after the opening of its first cinemas.
According to government data...[By Elias Al Helou via economymiddleeast.com]
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Blinken is expected to participate at a special...[By Barak Ravid via axios.com]
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The Trump administration claimed a symbolic victory at the United Nations on Tuesday, as an effort to formally condemn the new U.S. Middle East peace...[By Anne Gearan via washingtonpost.com]
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But his speech in Tehran’s Azadi Square was often drowned out by vocal, mostly male groups who had swarmed a temporary fence dividing the stage...[By Arsalan Shahla and Golnar Motevalli via bloomberg.com]
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Hitting 100,000,000 marked human plenty, certainly, but also an uneasy moment in a country gripped by worries that its exploding population will exacerbate poverty and...[By Declan Walsh via nytimes.com]
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Shortly after Iranian Major General Qassem Soleimani was killed in a U.S. drone strike in Iraq, the Tehran-backed Lebanese organization Hezbollah urgently met with Iraqi...[By Julie Marquis via reuters.com]
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Senate Democrats say they have enough Republican support to win passage of the measure, which would bar Trump from using military force against Iran unless Congress...[By Deirdre Shesgreen via usatoday.com]
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A UN arms embargo is being flouted with impunity and plans for an EU naval mission to monitor illegal arms shipments has not yet been...[By Patrick Wintour via theguardian.com]
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Erdogan said Turkey is determined to push Syrian government forces beyond Turkish observation posts in Idlib by the end this month, and he urged allied...[By Tuvan Gumrukcu and Ece Toksabay via reuters.com]
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There are a lot of reasons why Israel excels in cybersecurity, but one of them is undoubtedly its talent pool, which is fed by intelligence...[By Frederic Lardinois via techcrunch.com]
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Wednesday’s dismal results could further dampen investor enthusiasm for founder Masayoshi Son’s big bets on untested start-ups. While Son told a news conference SoftBank had...[By Sam Nussey via reuters.com]
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