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As Thaw Continues, Broadcasts by Qatar-based beIN Sports TV Channel Appear on Saudi TVs, Witnesses Say
- January 19,2021
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- SUSTG Team
Qatar-based TV channel beIN Sports was broadcast in Saudi Arabia on Monday after the two countries reconciled this month, ending a rift of more than three years, according to Reuters. The sports channel was barred from broadcasting in Saudi Arabia since mid-2017, when relations between the two countries were suspended, and was even the subject of international litigation between […]
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Oil Set for Weekly Gain, Hits 11-Month High on Announced Saudi Oil Cuts
- January 8,2021
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- SUSTG Team
Oil prices hit 11-month highs and were on track for a weekly gain on Friday, boosted by Saudi Arabia’s pledge to cut output announced this week.
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Declaring Victory over Coronavirus, Saudi Authorities Announce Launch of Covid-19 Vaccination Program
- December 15,2020
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- SUSTG Team
Declaring victory over the coronavirus, Saudi Arabia announced the launch of its Covid-19 vaccination program, a week after approving Pfizer Inc. and BioNTech SE’s vaccine for its citizens. Saudi Arabia recorded only 139 new cases of infection on Sunday, the first time the figure has been under 150 since the pandemic began to take hold […]
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Saudi Prince Turki al-Faisal Offers Harsh Criticism of Israel at the Manama Dialogue Summit
- December 7,2020
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- SUSTG Team
Saudi Arabia’s Prince Turki al-Faisal harshly criticized Israel on Sunday at the Manama Dialogue summit that was remotely attended by Israel’s foreign minister, demonstrating the chasm that still exists between the two nations as reports claim that a deal to establish diplomatic ties may happen soon.
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Saudi Arabia’s Public Investment Fund Eyes Pivot to Domestic Investments in 2021 and Beyond
- November 17,2020
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- SUSTG Team
After investing billions in equities in the United States and elsewhere overseas, Saudi Arabia’s Public Investment Fund (PIF) is turning its focus to domestic investments in the Kingdom in 2021 and beyond, Bloomberg reports, citing comments from Crown Prince Mohammed bin Salman.
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Inaugural Saudi Ladies Invitational Golf Tournament Ends in Thrilling Playoff Win for Denmark’s Emily Kristine Pedersen
- November 16,2020
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- SUSTG Team
Saudi Arabia’s inaugural golf tournament wrapped up on Sunday with a thrilling, come-from-behind win by Denmark’s Emily Kristine Pedersen, who sealed her victory in a playoff hole after trailing the then-leader Georgia Hall by three strokes.
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Saudi Crown Prince Mohammed bin Salman Releases Rare Statement on Economic Reforms, Security
- November 13,2020
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman released a rare statement on the ongoing economic reforms in Saudi Arabia and took a firm stance against any threats to the Kingdom, as Saudi Arabia battles dual crises in the Coronavirus and lower oil revenue.
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Saudi King Salman, Crown Prince Mohammed bin Salman Congratulate President-Elect Biden, Harris on Election Win
- November 9,2020
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- SUSTG Team
Saudi Arabia’s King Salman bin Abdulaziz and his son Crown Prince Mohammed bin Salman on Sunday congratulated U.S. President-elect Joe Biden and Vice President-elect Kamala Harris on winning the presidential election, the Saudi Press Agency said.
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Saudi Arabia Plans $2 billion Boost for Space Program by 2030
- October 28,2020
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- SUSTG Team
Saudi Arabia is planning an 8 billion riyals ($2.1 billion) boost for its space program, The Saudi Space Commission (SSC), by 2030 under an economic diversification plan that aims to attract foreign investment and create thousands of jobs for young Saudis, Reuters reports.
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In Washington, Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Discusses Regional, Global Issues
- October 16,2020
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- SUSTG Team
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan took part in a virtual appearance yesterday with the Washington Institute for Near East Policy and discussed a range of regional and global issues following the inaugural U.S-Saudi Strategic Dialogue meetings with Secretary of State Mike Pompeo.
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MUST-READS
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Saudi Oil PolicySaudi Aramco to renegotiate some contracts on low oil price -CEO
Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, the head of Saudi Arabia's state oil company said on Tuesday, stressing the top crude exporter will not single handedly balance the global oil market.
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Aramco and Natural GasSaudi’s Aramco Plans Natural Gas Production Near Jordan
Aramco is exploring for gas where deposits are more difficult to access than at oil fields. The deposits include the Midyan gas field in the northwest of the country, the Empty Quarter desert in the south, and sites near Ghawar, the world’s largest oil field located close to the Persian Gulf coast.
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AramcoSaudi Aramco to cut drilling costs, hold rig count steady
State oil giant Saudi Aramco has asked oilfield service companies for discounts due to tumbling crude prices and is expected to keep its overall rig count steady this year, industry sources said on Tuesday.
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AramcoIn annual year-end letter to employees, Saudi Aramco says it is ‘focused on long-term strategic vision’
Saudi Aramco’s CEO Khalid Al-Falih has said that 2014 was a year of accomplishments for his company.
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Saudi Aramco ProjectsSaudi Aramco said to suspend $2bn clean fuels project
The Ras Tanura clean fuels project, including a naphtha hydrotreater, was to be part of a second phase of upgrades to Aramco's refineries, and was originally due to go on stream in 2016.
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Aramco-ExxonSaudi Aramco-ExxonMobil refining joint venture completes desulphurisation project
The SAMREF partnership, which is celebrating 30 years of joint refining operations, demonstrates the long-term collaboration and progress towards meeting the energy needs of Saudi Arabia’s growing economy.
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Energy ServicesSaudi Aramco vet joins Halliburton board
Halliburton has added 30-year Saudi Aramco veteran, Abdulaziz F. Al Khayyal to its board of directors, the company officially announced just weeks after its multi-billion dollar merger with rival Baker Hughes.
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Refining CapacityNew delays said to hit Saudi Aramco’s Jizan refinery
The refinery, valued at $6 billion to $7 billion, is the centrepiece of a wider plan to revive the economy in one ofSaudi Arabia's poorest regions by developing an industrial city that produces and uses oil products for manufacturing. The complex had been scheduled to be completed in late 2016, but industry sources in the kingdom said last year that it faced delays of six to 12 months because work on associated infrastructure was behind schedule.
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Saudi Oil ReservesSaudi Aramco’s Oil Resources To Grow To 900 Billion Barrels By 2025
Aramco's CEO Khalid al-Falih said in January the company is "targeting to increase average recovery rates from our oil reservoirs by 20 percent which could add 160 billion barrels of additional reserves. That's more than the current reserves of the United States, Russia, China, the UK and Brazil combined."
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Aramco AsiaSaudi Aramco opens Asian subsidiary in Beijing
After years of operating in Asia through its offices in Hong Kong and South Korea, Saudi Aramco, the Kingdom’s state-owned oil company, is opening a brand new Asian subsidiary, Aramco Asia, setting up shop in the Chinese capital, Beijing. Structured as a holding company, Aramco Asia will run all its Saudi parent company’s operations in an areas stretching from India in the west to Australia and New Zealand in the east.
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