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Saudi forces wrap up weeks-long exercise on Iraq border
Saudi security forces on Wednesday ended a weeks-long exercise on the Iraqi border where three troopers died in a January attack blamed on "terrorists." Border Guards and other interior ministry units have been conducting daily training as part of the "first joint tactical" exercise north of Arar city, the Saudi Press Agency reported.
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Saudi retail market reaches $99 billion
The volume of retail market in the Kingdom is exceeding SR370 billion, 44 percent of which is represented by the food sector, or SR160 billion, local media said quoting an expert.
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Saudi ministry unveils mechanism for transfer of sponsorship
The Saudi Labor Ministry unveiled on Tuesday the mechanism for the transfer of sponsorship of expatriate workers hired for projects, which are stalled, to new contractors, the Saudi Press Agency reported.
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Kuwait detains political activist over tweets against Saudi Arabia
Kuwait arrested an opposition activist on suspicion of insulting Saudi Arabia on his Twitter account, the state news agency KUNA reported, extending a crackdown on social media.
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Saudi street art celebrations take over Jeddah
"Almost half are actually women. They're girls who sort of like dress up as boys and go out at night, spray their work with maybe one or two friends to keep a watch."
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Savola dampens Saudi stock market
Saudi Arabia’s bourse was mostly stable and Egypt rose in early trade on Thursday as a dovish US Federal Reserve statement boosted global equities and oil traded off its Wednesday lows.
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Iran, West likely to reach nuclear deal: Saudi prince says
Iran and the United States are likely to reach an agreement in talks over Iran's nuclear program, a senior Saudi Arabian prince said on Wednesday.
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United Arab Emirates recalls ambassador to Sweden after Saudi spat
The United Arab Emirates has recalled its envoy to Sweden a week after Saudi Arabia did the same. The move came after the Swedish foreign minister denounced Saudi Arabia's flogging of a rights activist.
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Saudi oil: Peak conspiracy
The Saudis have two choices with their oil: sell it now, or sell it later.
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The IMF and Islamic Finance
Islamic finance has grown rapidly, even thought it is still a small share of the global financial market. It has become systemically important in Asia and the Middle East, while the global issuance of Sukuk - the Islamic equivalent of bonds - is expanding with remarkable international reach of issuer and investors.
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