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Snapchat-funded Study Finds More Saudis Watching Video on Mobile Devices
More Saudis watch short online videos than traditional TV, with more than 85 percent of Saudis viewing videos lasting less than 10 minutes at least once a day, according to a new Snapchat-commissioned study. The survey of 869 Saudis found that mobile devices are beginning to outpace traditional TV sets in the Kingdom. 80 percent of Saudis view […]
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Oil Continues Slide as Recession Fears Mount
Oil fell 2% toward $58 a barrel on Thursday, extending the previous session’s 3% drop, pressured by mounting recession in the United States and and a surprise boost in U.S. crude inventories, Reuters reports. Last week, oil prices rallied in response to indications from Saudi Arabia and the so-called OPEC+ group that it would work […]
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Successful 2019 Hajj wraps up without incident as Muslims pilgrims pray in Mecca
Millions of Hajj pilgrims began heading back to Mecca for final prayers on Tuesday as the world’s largest annual pilgrimage went off without incident despite the logistical challenges and escalating regional tensions, Reuters reports. Even with some heavy rainfall, senior officials said there had been no major incidents and that the Hajj experience for nearly 2.5 […]
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Saudi Arabia’s Khalid Al-Falih, Ambassador Reema Meet with Rick Perry in Washington to Discuss Cooperation, Supply Security
Saudi Arabia Energy Minister Khalid Al-Falih and Ambassador to the United States Princess Reema bint Bandar met U.S. Energy Secretary Rick Perry on Tuesday in Washington, D.C. for talks on the economy, oil markets, maritime security and U.S.-Saudi cooperation. Al-Falih said that the meeting dealt with “enhancing the distinguished relationship between the two countries and […]
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The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 6: Rijal Alma—’A Wonder to Behold’
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom.
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Kingdom Gears Up for 2019 Hajj Season
Saudi Arabia is finalizing preparations for the 2019 Hajj Pilgrimage season, set to begin on Friday August 9th. Hosting the Hajj presents a number of major logistical, security, and health challenges for which Saudi authorities must prepare. The sheer number of pilgrims arriving each year is staggering. In both 2017 and 2018, over 2.3 million pilgrims […]
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Saudi Arabia’s PIF has agreed initial terms for a $10bn loan – report
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has agreed to initial terms for a $10 billion loan, the second time the fund has sought to raise money in less than a year, the Financial Times reports. Bank of America Merrill Lynch, BNP Paribas, Crédit Agricole and Citigroup are among the 10 banks that have […]
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The Seven Wonders of Arabia, Aramco Expats’ Tribute to the Kingdom’s Top Heritage Sites – Part 2: Historic Jeddah
Last week, SUSTG published the first in a series of posts highlighting the seven wonders of Arabia as selected and featured by AramcoExpats.com, an online blog that is a resource for current and former Saudi Aramco expatriates and their families. As the Kingdom prepares to open itself up to more visitors and boost its tourism industry in line […]
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Saudi Arabia’s PIF has ‘$300b in Assets’ and is Still Growing, Report Says
Saudi Arabia’s sovereign wealth fund, the Saudi Arabian Public Investment Fund (PIF), has “about $300 billion in assets” now, a report has found, and its growing size is set to “improve the country’s international investment position.” “We now estimate PIF’s assets at about $300 billion, of which one-fourth are invested abroad….Proceeds from privatization (a target of about […]
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Saudi Arabia, UAE and Norway Say ‘State Actor’ Likely Attacked Oil Tankers
Saudi Arabia, the UAE, and Norway have told the UN Security Council that the recent attack on four oil tankers off the UAE coast was a “sophisticated and coordinated” operation most likely conducted by a “state actor,” according to reports. The three countries presented their initial findings to the U.N. Security Council in an informal meeting […]
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My Takeaways From A Trip To Saudi Arabia
I spent the last few days attending the New Global Sport Conference in Riyadh, Saudi Arabia. The event was hosted as a complement to the eSports World Cup, which had a total prize pool of approximately $60 million for the world’s best eSports teams.
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New Saudi AI initiative aims to train over 7,000 professionals in Generative AI
Saudi Arabia’s Ministry of Communications and Information Technology, in partnership with the Human Capacity Development Program (HCDP), has launched the “Digital Future Readiness Program” with a focus on cultivating and advancing national talent in generative artificial intelligence (GenAI).
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KAUST, NEOM, And ENOWA Partner To Boost Saudi Arabia’s Green Hydrogen Economy
A strategic partnership has been established between King Abdullah University of Science and Technology (KAUST), NEOM’s Education, Research, and Innovation Foundation (ERIF), and ENOWA to support Saudi Arabia’s burgeoning hydrogen economy. The collaboration aims to advance hydrogen technology and contribute to the Kingdom’s vision of becoming a global leader in renewable energy and hydrogen production.
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Saudi Arabia Rises to 15th Globally in 2024 Container Handling Rankings
Saudi Arabia, represented by its seaports, has advanced its international ranking in annual container handling, moving from 16th to 15th place globally, according to the 2024 edition of the 'Lloyd’s List One Hundred Ports'. The report highlights Saudi Arabia's ports strengthening their global position, with Jeddah Islamic Port making a significant leap from 41st to 32nd place. It recorded approximately 5.6 million standard containers last year, up from 4.96 million in 2022, marking a 12.6% increase.
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The Saudi Games 2024 torch relay is happening right now
The nation’s biggest sporting event is officially headed back to the capital. Dates for The Saudi Games 2024 have been announced. Ready to hit the ground running? The big event will be held from Thursday October 3 until Thursday October 17 in Riyadh. And to kick the party off early, The Saudi Games 2024 torch relay is happening right now. Set to happen until September 22, the mega relay will be travelling more than 3,500 kilometres including Riyadh (of course), Khobar, Al Ahsa, Qassim, Madinah, Ha’il, AlUla, and more.
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Task Force 154: Pursuing Interforce Interoperability in Turbulent Waters
On June 14, Task Force 154 concluded the third iteration of Operation Compass Rose, a four-day maritime security training course held in Manama, Bahrain. The military drill delivered training modules on firefighting, damage control, and media content creation to over 40 participating naval personnel from countries including Saudi Arabia, Jordan, Brazil, and Japan. Established under the umbrella of the Combined Maritime Forces, a U.S.-led multinational naval coalition promoting security in Middle Eastern waters, Task Force 154 was launched on May 22, 2023 to enhance the operational readiness and naval capabilities of Combined Maritime Forces-partner countries.
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Saudi Arabia’s Baysh Dam opens gates to accommodate heavy rainfall
The Saudi Irrigation Organization on Monday opened the gates of the Baysh Dam in the Jazan region to discharge water and lower the dam’s lake levels, which currently hold 117.7 million cubic meters, Saudi Press Agency reported. The decision is intended to manage incoming water from ongoing rainfall, support agricultural activities, irrigate farms, replenish wells and groundwater, and enhance vegetation along the valley.
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Saudi Arabia’s Localization Plan Is Reshaping Consultancy Sector
In October 2022, the Kingdom’s Ministry of Human Resources and Social Development announced that by the end of March 2024, 40 percent of workers in consultancy firms must be Saudi nationals. This mandate targets all professions within the sector, including financial advisory specialists, business advisers, cybersecurity advisory specialists, project management managers, engineers, and specialists.
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Its economy and infrastructure battered, can Lebanon afford a war with Israel?
The risks for Lebanon are far greater than in 2006, when a monthlong war with Israel ended in a draw. Lebanon has struggled with years of political and economic crises that left it indebted, without a stable electricity supply, a proper banking system and with rampant poverty.
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Top US general says risk of broader war eases a bit after Israel-Hezbollah exchange
Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, spoke to Reuters after emerging from a three-day trip to the Middle East that saw him fly into Israel just hours after Hezbollah launched hundreds of rockets and drones at Israel, and Israel's military struck Lebanon to thwart a larger attack.It was one of the biggest clashes in more than 10 months of border warfare, but it also ended with limited damage in Israel and without immediate threats of more retaliation from either side.
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