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Royal Decree May Ease a ‘$67B Housing Logjam’ in Saudi Arabia, Reuters Reports
Reuters is reporting that last week’s Royal Decree to tackle Saudi Arabia’s housing program has removed “an obstacle to a $67 billion program to ease the country’s housing shortage,” which “may push the program forward by opening up thousands of acres of state-owned land for construction.”
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Defense Secretary Hagel in Riyadh, Greeted by Saud al-Faisal and Amb James Smith
SUSRIS reports that US Defense Secretary Chuck Hagel arrived in Riyadh on Monday.
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PHOTOS: Riyadh Hit by Heavy Rains, Floods; Several Dead and Millions in Damage
The streets of the Saudi Arabian capital Riyadh were inundated with water after a rare rainstorm dumped two hours of rain onto the desert city, leaving at least four dead, many more missing, and millions in damage. Photos published on social media outlets and in the Saudi press show the extent of the damage to […]
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Private Sector in the Middle East Conference to Begin Tuesday in Riyadh at Council of Saudi Chambers
The Council of Saudi Chambers of Commerce and Industry will host a new conference, the Private Sector in the Middle East (PSMEC) in Riyadh on Tuesday, December 3rd, 2013.
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Saudi Arabia to Shift Weekend to Friday Start
Pending approval from the Council of Ministers, Saudi Arabia could soon join its GCC neighbors in establishing a Friday-Saturday weekend. Oman will officially shift its weekend beginning this May leaving only Saudi Arabia to make the transition. The current Thursday-Friday weekend has long been considered a drag on the Saudi economy and the Ministry of […]
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Suspect Journalism: The New York Post’s Shoddy Saudi Student Reporting
A Saudi student studying in the United States on the King Abdullah Scholarship Program was injured in the Boston Marathon bombing on Monday. The student was one of at least two Saudi nationals hospitalized as a result of the attack. One of the victim’s friends told Al Arabiya that an amputation was almost required but […]
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Should the U.N. Security Council have a Permanent Seat for Arab States?
In the wake of Saudi Arabia’s decision to turn down a non-permanent seat on the U.N. Security Council, Saudi Arabia’s Ambassador to the United Nations Abdallah Yahya A. Al-Mouallimi is calling for Arab states to be permanently represented on the U.N.’s most powerful body and for veto power to be eliminated.
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Ease of doing business: Saudi Arabia Drops 4 Slots to 26th Overall in World Bank Ranking for 2014
Saudi Arabia is second in the Middle East in the World Bank’s Ease of Doing Business report and 26th overall, according to the recently released 2014 report. The placement represents an overall drop of 4 slots in the coveted ranking since 2013, when the Kingdom was ranked 22nd overall.
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Saudi Arabia Sees Limited Impact from US Shale Oil While SABIC Eyes Gas
According to this report by Summer Said in the Wall Street Journal, a close advisor of Saudi Arabia’s Minster of Petroleum and Natural Resources Ali Al Naimi said that the production of oil from shale will be “too limited and costly” to make a significant impact on the interests of exporters, but that the so-called […]
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Photos of Saudi Arabia’s Impressive Pavilion at the Hannover Industrial Forum in Germany
Saudi Arabia’s presence at the Hannover Industrial Forum, which took place in Hannover, Germany this week, is worth seeing. The Kingdom constructed a massive pavilion to show off business opportunities in Saudi Arabia and provide a networking platform for visitors of the expo in Hannover, Germany.
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MUST-READS
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Flooding spotlights Dubai construction quality
Each flooding incident will have its own specific issues, but the reasons will come from three key areas: design, construction and maintenance. Many projects will not have been designed to cope with such a deluge. Others will have been poorly constructed, allowing water to ingress into properties, and others will have drainage that was poorly maintained and failed when it was most needed. Dubai is heavily incentivised to address these concerns. In the past, Dubai has been a transient city with many expatriates living and working in the emirate for only a few years. There has been little collective memory of major weather incidents.
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One Gulf City Preserves Streets After Others Bulldozed Old Buildings
Although Sharjah has its share of generic office towers, its leaders are preserving swaths of the city. Its original center is undergoing a rebirth as a heritage and arts district, known as the Heart of Sharjah. Scheduled for completion in 2025, it offers visitors narrow, old-style alleys; an old souk, or market; and museums in historic buildings.
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Commentary: The Next U.S. Administration to Confront a Middle East of New Partnerships, New Tensions, as the End of History Repeats Itself
The Gaza war, with its potential for regional escalation, is just one (albeit major) concern in a region prone to instability, insecurity, and unpredictability. This paper puts the evolving crisis and nuclear proliferation concerns in the Middle East into global context, alongside other U.S. foreign and domestic policy priorities, such as Russia’s war in Ukraine, competition with China, and the U.S. economy.
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Israel conducted strike on Iran, senior U.S. official says
Fars news agency, which is affiliated with Iran's Islamic Revolutionary Guard Corps (IRGC), reported explosions were heard in the city of Isfahan in central Iran near an Iranian air force base.
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Tehran plays down reported Israeli attacks, signals no retaliation
Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war.The limited scale of the attack and Iran's muted response both appeared to signal a successful effort by diplomats who have been working round the clock to avert all-out war since an Iranian drone and missile attack on Israel last Saturday.
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Iran vs Israel: A look at their air forces amid fears of extended conflict
The Iranian air force has 37,000 personnel, but decades of international sanctions have largely cut the country off from the latest high-tech military equipment, according to the International Institute for Strategic Studies in London (IISS).
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US aid to Ukraine moves closer to possible passage
The U.S. Congress moved closer on Thursday to ending a months-long stalemate and voting on legislation to provide billions of dollars in security assistance to Ukraine, Israel and Taiwan, despite bitter debate over the measure ahead of a weekend vote. Members of the Republican-led House of Representatives Rules Committee spent hours debating the package of four bills: three providing the security aid and a fourth with measures including sanctions, a threat to ban the social media app TikTok and the potential transfer of seized Russian assets to Ukraine.
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US stops UN from recognizing a Palestinian state through membership
The United States on Thursday effectively stopped the United Nations from recognizing a Palestinian state by casting a veto in the Security Council to deny Palestinians full membership of the world body.It vetoed a draft resolution that recommended to the 193-member U.N. General Assembly that "the State of Palestine be admitted to membership" of the U.N. Britain and Switzerland abstained, while the remaining 12 council members voted yes.
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IMF chief says productivity, Chinese consumer spending key to boosting global growth
International Monetary Fund Managing Director Kristalina Georgieva bemoaned the slow pace of global growth on Thursday, saying that Europe needed to do more to boost productivity and China should work to unleash greater consumer spending.Georgieva told a news conference during the IMF and World Bank spring meetings in Washington that a number of factors are converging to hold back growth in Europe and China, from aging populations to sub-optimal allocations of capital, while the U.S. has far outperformed expectations.
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Saudi pavilion at Venice Biennale charts the evolving role of women in the kingdom
Saudi visual artist Manal Al Dowayan is known for her research-based, participatory practice, placing community voices at the forefront of her artwork. Her exhibition for the National Pavilion of Saudi Arabia at this year’s Venice Biennale is no different.
Titled Shifting Sands: A Battle Song, curated by Jessica Cerasi and Maya El Khalil, Al Dowayan’s multimedia installation is inspired by the evolving role of women in Saudi Arabia. It is rooted in three workshops that took place across the country, where she engaged with more than 1000 women from all walks of life.
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