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Apple's Market CapitalisationApple overtakes Saudi Arabia’s GDP… 18 more nations to go
According to Bofa-ML, the market capitalisation of Apple has now touched $752 billion as compared to Kingdom’s GDP of $748 billion. The 18 countries that remain bigger than Apple are the US, China, Japan, Germany, France, UK, Brazil, Italy, Russia, India, Canada, Australia, Spain, South Korea, Mexico, Indonesia, Netherlands and Turkey.
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Women and EducationSixty years of Saudi women’s education in pictures
A series of photographs made available by the Saudi Press Agency detail the history of female education in Saudi Arabia.
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Social MediaMystery Saudi tweeter claims pressure closed his account
A widely followed "whistle-blower" who tweeted about the Saudi royal family accused Twitter on Friday of succumbing to pressure by suspending his account.
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ConstructionSaudi’s 2014 contract awards tumble 25% to $59bn
Both physical and social infrastructure-related sectors continued to grow compared to 2013. However, it was the reduction in the size of mega-projects that caused the decline in 2014, NCB argued.
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Hilton HotelsHilton Hotel chain inks three hotel deals across KSA and the UAE
Hilton Worldwide features more than 59 hotels under development in the Middle East (including Egypt) across its Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Curio – A Collection by Hilton and Hilton Garden Inn brands.
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LibyaLibyan government forces attack Tripoli airport
War planes from Libya's internationally recognized government attacked the last functioning airport in Tripoli, the capital controlled by a rival administration, on Monday, officials said, the latest in a string of tit-for-tat strikes.
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Kingdom Holding CompanyThe CEO of Snapchat met with Saudi Arabia’s Prince Alwaleed amid funding rumors
The meeting, well-documented by the Saudi Prince’s media team, apparently covered a number of topics, including “political, business, and economic issues,” and “Prince Alwaleed’s investments in the U.S. in light of being the largest individual foreign investor there.” Most importantly, according to the Kingdom Holding Company’s press release, “future potential business cooperation between KHC and Snap Chat” was “on the agenda.”
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TourismSaudis vacationing abroad spend over $750 million during recent holiday
The Tourist Information and Research Center (MAS) revealed that 766,300 Saudi tourists left the Kingdom during the midterm holiday and spent around SR2.8 billion, with an average of SR3,611 per tourist. The number of visitors coming to the Kingdom during the same period reached 740,200, with an overall disbursement of SR2.3 billion, an average of SR 3,133 per tourist.
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IranSaudi Arabia prepares for Iran nuclear deal
Saudi Arabia is quietly preparing for an international nuclear agreement with Iran that it fears will rehabilitate its Shiite Persian rival. King Salman bin Abdul-Aziz Al Saud's approach eschews the public spectacle of Israeli Prime Minister Benjamin Netanyahu's speech to Congress (indeed, the Saudis don't want any association with Israel) and instead focuses on regional alliances to contain an emergent Iran.
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Raif BadawiSaudi Arabia ‘surprised and dismayed’ at criticism of flogging of liberal blogger
Saudi Arabia has rejected strong criticism from a German ambassador over the treatment of a liberal blogger sentenced to 1,000 lashes and ten years in prison for insulting Islam in his blog.
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