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4 Saudi crew members killed in military chopper crash
Four crew members of a military helicopter were killed when the aircraft crashed during a night training exercise along the Kingdom's borders with Iraq and Kuwait, the Ministry of Defense said on Tuesday.
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Why King Salman broke royal protocol
The recent visit to Riyadh of Sheikh Mohammed bin Zayed Al-Nahyan, the crown prince of Abu Dhabi, with the gesture of Custodian of the Two Holy Mosques King Salman to receive his guest at the airport, is a clear indication that strategic relations have now been taken to a new level, opening up a new chapter in inter-Arab ties.
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Saudi Arabia plans biometric tender for education system
The Ministry of Education plans to divide the project into three stages: Firstly, the system will be deployed in ministry headquarters, then education offices and finally all boys and girls schools. The ministry plans complete the application of the first stage of the system within one year, the second within three months and the final stage in another six months.
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Saudi aviation authority deflects blame for delay in new airlines
The awarding of domestic licences to the foreign airlines last year was an unprecedented move to help the kingdom cope with surging demand for domestic travel. There are presently only two Saudi airlines operating within the kingdom and both are struggling to withstand government-set ticket costs that have barely been increased for decades.
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Inside a Saudi Arabian Oil Giant’s American Oasis
Dhahran is a 22.5 square-mile gated compound built for the American expatriate workers of Aramco, the biggest oil company in the world. Now owned by the Saudi state, Aramco was originally founded in 1933 as a U.S.-Saudi joint venture.
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UAE, Saudi Arabia Control 74% Of GCC’s Private Wealth
Most of the GCC region’s private wealth (74 per cent) is controlled by affluent individuals in Saudi Arabia and the UAE, according to a new study by Strategy&, formerly Booz & Company. The study estimated that there are nearly 1.6 million wealthy households in the GCC, with total investable assets worth $2.2 trillion. Out of these, around 44 per cent of wealth resided in Saudi Arabia while 30 per cent resided in the UAE, as of 2013.
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Saudi-Dow Chemical $20 Billion Chemical Plant Going Ahead
Middle Eastern petrochemical plants, which use natural gas, are becoming less competitive than plants that use oil after crude prices declined, Sharma said. Chemical prices are also falling because of lower oil prices, he said. Sadara will be the first plant in the Middle East to use naphtha, a refined oil product, Al Hamid said.
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Research and Markets: IT Market in Saudi Arabia 2015-2019: Key Vendors are HP, IBM, Microsoft & Oracle | Business Wire | Rock Hill Herald Online
One major trend in the market is the implementation of e-government services to enhance the public experience. E-government initiatives help to increase operational efficiency and accelerate growth.
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Saudi Arabia to host crucial anti-IS meeting
Saudi Arabia will host a high-powered meeting of the defense chiefs of the anti-Islamic State coalition here on Wednesday. The meeting, to be attended by military chiefs, group commanders and chiefs of staff from the 22 countries in the US-led coalition, will discuss ways and means to combat the IS, possibly deploy troops and expand attacks on IS targets across the region.
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The Middle East and China
China remains cautious about the Middle East even as an energy source. West Asia and North Africa have received much less Chinese investment than their energy resources would justify. The relatively low level of Chinese commitment is, in part, a reflection of the fact that national oil companies like Saudi Aramco (from which China buys a fifth of all the oil it imports) have no need of foreign partners and offer them no significant openings to invest except in refineries dedicated to importing their oil. Africa and South America have proven both more hospitable and easier for Chinese companies to understand. But China’s attention deficit when it comes to the Middle East also reflects misgivings about the region.
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