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966 E. 11: Saudi Arabia at COP 26, Seven Years of King Salman, and Saudi Arabia’s First Film Festival
- November 12,2021
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- SUSTG Team
Episode 11 of The 966 has the hosts talking about the Red Sea International Film Festival, King Salman in his 7th year on the throne, and Saudi Arabia at COP 26.
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PIF Eyes Deal to Merge Mobile Towers of Zain, STC to Form Telecom Giant – Report
- November 3,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund is weighing a deal to combine the mobile phone infrastructure of Saudi Telecom Co. and Zain Saudi Arabia “in a merger that would form the kingdom’s largest cellular towers company,” people familiar with the plans told Bloomberg.
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Saudi Arabia Looks to Turn its Smaller Stock Market, Nomu, Into Platforms for Startups to Raise Funds
- October 21,2021
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- SUSTG Team
Saudi Arabia’s stock exchange, the Tadawul, is in talks to recast its small-cap market, called Nomu, as a hub for the Middle East’s burgeoning startup industry,” people familiar with the matter told Bloomberg.
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Saudi Arabia Names New Health, Hajj Ministers by Royal Decree
- October 18,2021
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- SUSTG Team
Saudi Arabia’s King Salman issued a royal decree appointing Fahad bin Abdulrahman bin Dahes Al-Jalajel as the new health minister, replacing the long-serving Dr. Tawfiq bin Fawzan bin Mohammed Al-Rabiah, according to the Saudi Press Agency. Al-Rabiah will move over to the Ministry of Hajj and Umrah as Minister, the decree said.
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U.S. State Department Condemns ‘Outrageous’ Attack by Houthi Forces on King Abdullah Airport in Jazan
- October 11,2021
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- SUSTG Team
The U.S. State Department joined a chorus of other nations in condemning Friday’s attack by the Iran-backed Houthi group on King Abdullah Airport in Jazan, Saudi Arabia that wounded 10. The attack injured both passengers and airport staff when an explosives-laden drone hit King Abdullah Airport on Friday. According to Arab News, the injured included six […]
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ACWA Sets IPO Price at Top End of Range; Mulls Green Bond Options in 2022
- September 29,2021
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- SUSTG Team
Saudi Arabia’s ACWA Power International, one of the Kingdom’s main vehicles for building renewable energy projects, has set the offer price for its IPO at the top of a range, Bloomberg reports. According to that report, ACWA Power International will sell shares at 56 riyals ($14.93) apiece after the institutional part of the offering ended, and will raise $1.2 billion for […]
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After U.S. Withdrawal of Patriot Missiles, Greece Delivers System to Saudi
- September 15,2021
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- SUSTG Team
After the U.S. withdrawal of most of its advanced missile defense systems and Patriot batteries from Saudi Arabia in recent weeks, the Kingdom has turned to Greece to supply a Patriot battery and manpower to operate it, according to reports.
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Saudi Arabia Ranks 2nd in G20 in Digital Competitiveness — Report
- September 6,2021
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- SUSTG Team
Saudi Arabia has been ranked second among the G20 countries in the Digital Competitiveness Report for the year 2021, a publication issued by the European Center for Digital Competitiveness, according to a report. The reports findings are based on data provided by the Global Competitiveness Index issued by the World Economic Forum, and supporting data […]
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Saudi Arabia’s Non-Oil Exports Rise 52 Percent in Q2 2021, Data Show
- August 30,2021
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- SUSTG Team
Saudi Arabia’s non-oil exports rose a whopping 52 percent during the second quarter of this year as evidence the kingdom’s economy continues to recover from the pandemic continues to mount. The total value of exports for the three-month period to the end of June increased to 238.6 billion Saudi riyals ($63.62bn), the Saudi Press Agency […]
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Saudi Arabia Expands Available Covid Vaccines as Kingdom Sees Steady Decline in New Cases
- August 25,2021
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- SUSTG Team
Saudi Arabia on Tuesday approved two more COVID-19 vaccines for use by its citizens and residents as the Kingdom continues to see progress in battling the spread of the virus within its borders.
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Opinion: In Yemen’s War, the Houthi Rebels, Not the Saudis, Hold All the Cards
The Houthis are determined to take the town, which would consolidate their control of northern and central Yemen. The Saudis and their allies appear just as keen to prevent Marib from falling into rebel hands. Discussions about ending what the United Nations calls the world’s worst humanitarian crisis may have to wait until the outcome of this battle.
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Saudi-led coalition lets four fuel ships dock at Yemen’s Hodeidah port: sources
The Saudi-led coalition has allowed four fuel ships to dock at Yemen's Red Sea port of Hodeidah, two sources familiar with the matter said, after the Houthi group said it would only agree to a ceasefire proposal if an air and sea blockade were lifted. Four vessels, including two carrying a total of 45,000 tonnes of gas oil, a ship loaded with 5,000 tonnes of liquefied petroleum gas and a fourth tanker with 22,700 tonnes of fuel oil have received clearance from the coalition, the sources said.
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Saudi Arabia proposes ceasefire in Yemen, Houthis skeptical
Saudi Arabia presented a new peace initiative on Monday to end the war in Yemen, including a nationwide ceasefire and the reopening of air and sea links, but its Houthi enemies said the offer did not appear to go far enough to lift a blockade.
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Saudi-led coalition intensifies Yemen air strikes, hits grains port
The Saudi-led coalition fighting in Yemen unleashed dozens of air strikes against what it called Houthi military targets in the country’s north, including the capital Sanaa and the port of Salif on the Red Sea coast.
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Iranian missiles used in Yemen’s latest Aramco attack, says Saudi Arabia
“All of the missiles and drones that came into Saudi are Iranian-manufactured or Iranian-supplied,” Adel Al-Jubeir, minister of state for foreign affairs, said in an interview with Arab News published Friday afternoon. “Several of them, as we’ve said, came from the north; several came from the sea.”
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U.N. Security Council condemns military escalation in Yemen’s Marib
The U.N. Security Council on Thursday condemned an escalation in fighting in Yemen’s Marib, calling for the Houthis to end an offensive on the government’s last northern stronghold, and pushing for the government to allow fuel into Hodeidah port. In a statement, the 15-member council also condemned cross-border attacks against Saudi Arabia and said the escalation in Marib “threatens efforts to secure a political settlement when the international community is increasingly united to end the conflict.”
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Yemen’s Houthis say drone attack hit Saudi Aramco in Riyadh
Yemen’s Iran-aligned Houthi group on Friday said it hit a Saudi Aramco facility in Riyadh, in an attack comprising six armed drones. There was no immediate confirmation of the attack, or any damage, from Saudi authorities.
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US Praises Saudi Commitment to End Conflict in Yemen
In a television interview with the British BBC channel and the American PBS, Lenderking said, “what I hear is a consistent message from the Saudi leadership that they want to do their part to bring the conflict to a close … I'm confident that we're going to be able to count on Saudi Arabia to do its part.”
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Aid to stave off devastating Yemen famine slow to reach needy
Aid agencies have so far received only $374 million of the $3.85 billion the United Nations says is needed this year for Yemen to avert what threatens to become the world’s worst famine in decades, the United Nations humanitarian office said on Tuesday.
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Protesters storm Yemen’s presidential palace in Aden
On Tuesday, protesters broke into the Maashiq Presidential Palace as Yemeni and Saudi forces evacuated Prime Minister Maeen Abdulmalik Saeed and other members of the cabinet.
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