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A Second Straight Month of Growth for the Saudi Non-Oil Private Sector
Saudi Arabia’s non-oil private sector saw a second straight month of expansion in October, as figures show output grew at a “solid pace,” Reuters reports. The seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers’ Index (PMI) rose to 51.0 in October from 50.7 in September. The 50.0 mark separates growth from contraction.
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Industry-Tracker Opensignal Says Saudi Arabia has the Fastest 5G, On Track to Becoming a 5G Regulator
Saudi Arabia is tops in the world in 5G speeds, beating out South Korea by a significant margin as the Kingdom unveiled its plans to become a a 5G regulator, according to reports.
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Saudi Arabia Launches National Strategy for Data and Artificial Intelligence at Global AI Summit
Saudi Arabia on Wednesday launched a National Strategy for Data and Artificial Intelligence (AI) and will announce several AI-related partnerships, Reuters reports, citing Abdullah bin Sharaf Alghamdi, the head of the Saudi Data and Artificial Intelligence Authority (SDAIA).
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U.S.-Saudi Strategic Dialogue: Pompeo Declares ‘New Era’ in the U.S.-Saudi Relationship, New Riyadh Embassy Eyed
The inaugural US-Saudi Strategic Dialogue that kicked off Wednesday in Washington marks a “new era” in the U.S.-Saudi relationship, Secretary of State Mike Pompeo said in comments made alongside his counterpart, Saudi Foreign Minister Prince Faisal bin Farhan, following their meeting.
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As Saudi Arabia Continues to See Success in Coronavirus Control, Minister Urges Vigilance
Saudi Arabia continues to make steady progress in containing the spread of the Coronavirus, detecting 407 new cases in the last 24 hours, bringing the total number of confirmed infections in the Kingdom to 338,539, the Ministry of Health announced on Friday.
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Road to the G20: This Week’s Events Include Civil Society (C20), Tourism Meetings
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. This week, Saudi Arabia will host virtual meetings on Civil Society (C20), as well as meetings on tourism and a workshop on sustainable mobility.
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Global Dialogue Interview: Saudi Arabia ‘Vision or Mirage’ Author David Rundell
Saudi Arabia expert David Rundell is the author of a new book on Saudi Arabia, Vision or Mirage, Saudi Arabia at the Crossroads, which was released on September 17th 2020.
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Pandemic Continues to Ease in Saudi Arabia; Authorities ‘Encouraged by the Resilience Demonstrated by the Saudi Economy’
The Coronavirus pandemic continues to ease in Saudi Arabia, with daily new cases remaining under 1,000 this week and trends continuing in a positive direction in what may potentially provide a boost to the Kingdom’s economy in the months ahead.
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Saudi Arabia’s Energy Ministry to Directly Assist with NEOM’s Development
Saudi Arabia’s Ministry of Energy will participate in the development of NEOM to ensure its timely completion, offering “assistance” in the city’s grand development plans, according to Reuters, which cited comments from the Minister.
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Saudi Arabia’s King Salman Arrives in NEOM for Rest Period
Saudi Arabia’s King Salman bin Abdulaziz arrived in the NEOM economic zone on Wednesday for a period of rest and relaxation, according to state news agency SPA. In the past, Saudi Arabia’s rulers often selected destinations along the Mediterranean for vacation to escape the summer heat, but this year is the second in a row […]
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Saudi to begin construction of Landbridge in early 2025: Report
Saudi Arabia will start construction of the Landbridge project that costs $7 billion (SAR 26.3 billion) in early 2025, MEED reported citing a source close to the project. Saleh Al-Jasser, Minister of Transport, said in January 2023 that the project will be implemented by a Chinese-led consortium of 11 international firms, Argaam earlier reported.
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How Saudi Arabia is partnering with Denmark in sustainable wastewater management
Denmark’s approach to water sustainability relies on innovative technologies that reduce water wastage while conserving energy and resources. Danish engineering firms like Grundfos are making an impact in Saudi Arabia by introducing solar-powered pumping systems to supply water to remote and off-grid areas where access to electricity may be limited. According to Morten Riis, the company’s group senior director, their water solutions target not only groundwater and rivers but also focus on reducing water loss and optimizing energy consumption in the process.
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Pentagon: US approves multi-billion-dollar weapons sales to Saudi Arabia, UAE
The US has approved new weapons sales to the UAE and Saudi Arabia worth a combined $2.25 billion, the Pentagon announced on Friday. In separate statements, the Pentagon said that the State Department had approved the possible sale of 220 AIM-9X Block II Sidewinder Tactical Missiles and other related equipment worth an estimated $251.8 million.
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Riyadh leads Saudi Arabia’s hot property market
Strong population and employment growth in Riyadh is driving a surge in real estate transactions as new properties cannot come on the market fast enough. A dramatic rise in the number of deals in the 12 months to the end of June was also visible in Jeddah and Dammam, according to a report this week by real estate consultancy CBRE. Authorities are trying to raise the national home ownership rate to 70 percent under Vision 2030. An estimate shared with AGBI by the Sico Bank research team last month found that Saudi Arabia has already hit a “fairly strong” 62 to 65 percent of citizens owning their home.
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Saudi Arabia to set up $186m concrete factory to supply 170km-long city
Plans have been announced to build a $186m concrete plant as part of the huge Neom development programme in Saudi Arabia’s northwestern Tabuk Province. Saudi building materials company Asas Al-Mohileb is to develop and operate the facility, which will be able to produce over 20,000 cubic metres of ready-mix a day. The multi-plant facility will incorporate carbon capture and utilisation technology.
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U.S. approves weapons sales to Saudi Arabia, UAE valued up to $2.2B
The U.S. State Department approved the sale of billions of dollars in weapons to Saudi Arabia and the United Arab Emirates, two important allies against Iran as tensions rise in the Middle East. The Biden administration told Congress that it approved the sale of dozens of Hellfire and Sidewinder missiles to Saudi Arabia. The more than $1 billion sale also includes artillery, tank and machine gun ammunition.
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Walking a Tightrope: How Gulf States are Navigating the Iran-Israel Conflict
While Washington and Tel Aviv often present their partnerships with the Gulf as a success, the reality is more complex. Since 2021—and particularly after the March 2023 reconciliation agreement between Iran and Saudi Arabia—the GCC states have increasingly prioritized diplomacy over confrontation, engagement over isolation, and regional dialogue over military escalation. This is a major shift from the time of the Donald Trump administration, when Saudi Arabia, Bahrain, and the United Arab Emirates openly supported the U.S. “maximum pressure” campaign against Iran, hoping to contain Tehran’s influence through U.S. and Israeli security guarantees.
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FIFA urged to put more human rights scrutiny into 2034 World Cup deal with Saudi Arabia
Two months before FIFA is set to confirm Saudi Arabia as the 2034 World Cup host, the soccer body was urged again Friday to allow independent scrutiny of the kingdom’s human rights obligations for the tournament. A group of law and human rights experts plus Saudi activists abroad want FIFA to mandate ongoing reviews — and a potential termination clause — into the 2034 World Cup hosting contract.
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Riyadh Air and foreign airlines: Transforming Saudi Arabia’s global connectivity
The country’s current network faces a significant absence in direct routes between Riyadh and major global cities. The carrier plans to address this issue. While Saudi Arabia’s national carrier Saudia continues to serve regional destinations from Jeddah, Riyadh Air will provide more direct links between the capital and major international cities.
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Iran’s intra-generational divide is widening
Recent research by Dr Mansour Saei, a prominent Iranian communication scholar, unveils a society where parents and children increasingly inhabit parallel universes. The generation born between 1995 and 2010, dubbed Gen Z, is forging an identity that not only diverges from but often collides with the values and expectations of their elders.
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