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Saudi Students in the U.S. Drop by 33% as Popular Program Undergoes ‘Re-Evaluation’
According to Dr. Mohammad Al-Isa, Cultural Attaché to the United States, the number of Saudi students studying in the United States has fallen from 120,000 in 2015 to 80,000 in 2016, reports Arab News. The drop comes as the popular program has been “re-evaluated,” with new scholarship program guidelines that are significantly tighter and limit participants to […]
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King Salman Arrives in Turkey after Egypt visit, Awarded Highest State Medal by Erdogan in Ankara
Following a 5-day trip to Egypt, Saudi Arabia’s King Salman visited Turkey, a key ally in the struggle to defeat the self-described ISIS in neighboring Syria and Iraq. King Salman met today with Recep Tayyip Erdoğan and will stay in Ankara until Wednesday, and then will travel to Istanbul for the 13th annual meeting with the Organization of […]
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In Yemen, Airstrikes, Demonstrations, and a Prisoner Swap Ahead of Planned April 10 Ceasefire
The Saudi-led coalition fighting Shi’ite rebels in Yemen said Monday it released 109 Yemeni detainees in exchange for nine Saudis who were being held as the war moves toward winding down, according to reports. With a deadline of April 10th for a cessation of hostilities and peace talks in Kuwait to follow, the Saudi-led war […]
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Council of Economic and Development Affairs Approves Over 130 Reforms to Evolve Saudi Arabia’s Economy
Saudi Arabia’s most influential economic policy-making body has approved 133 recommendations on improving the competitiveness of the Kingdom’s economy, which will be announced within the next six months. Saudi Arabia’s Council of Economic and Development Affairs (CEDA) – the main economic policy making agency which includes 22 key ministers and his chaired by Deputy Crown […]
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Ahead of Obama’s Visit in April, Four U.S. Senators Visit Saudi Arabia
HRH King Salman and other top Saudi leaders met in Riyadh with four visiting U.S. Senators ahead of a scheduled visit by U.S. President Barack Obama in April. The delegation included ranking Senate Foreign Relations Committee member Ben Cardin, D-M.D., and included Democratic Sen. Ed Markey of Massachusetts, Republican Sen. Cory Gardner of Colorado and […]
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Amazing Flower Festivals Color Saudi Cities
Flower festivals across Saudi Arabia are coloring the Kingdom as the spring season arrives. A festival in Riyadh put on display over 1.4 million flowers in a “carpet” pattern displaying the Saudi flag and other images using only flowers. Another festival in Yanbu similarly dazzles visitors with thousands of flowers of all colors. The Flower […]
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Saudi Arabia’s Ambassador to the U.S. Prince Abdullah Al-Saud Writes in Huffington Post
Saudi Arabia’s Ambassador to the United States Prince Abdullah bin Faisal bin Turki Al-Saud has written his first op-ed since his arrival in Washington. The post, “Confronting Extremism,” was published in the Huffington Post. “Extremism, especially violent extremism, is a scourge on the planet. Those who promote extremist ideologies or sponsor acts of violence in […]
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Riyadh Metro’s New Trains will have Three Separate Classes of Cars
The trains for Riyadh’s forthcoming metro project on lines 1 and 2 will have three separate classes of cars for citizens and expats, according to reports. The Siemens-built trains will have a first class for men with “gold-colored seats” that are wider than other sections. A second section will be for families, which in Saudi […]
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Collapse in Oil Prices Hits Saudi S&P Credit Rating
Saudi Arabia and other oil-producing nations saw a cut in credit ratings by Standard & Poor’s on Wednesday amid the collapse in crude oil prices, according to reports. According to Forbes, Saudi Arabia is now rated A-, “a two notch downgrade from S&P’s previous rating of A+, [and] is forecast to have a current account deficit […]
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Will 2016 be a Big Year for the Middle East Solar Energy Market?
Writing for Green Tech Media, Jason Deign, comments that the Middle East market for solar energy is anticipating a big year in 2016… maybe. The Middle East Solar Outlook for 2016 produced by the Middle East Solar Industry Association (MESIA) forecasts that more than 4 gigawatts of solar power projects are planned across the region. Deign takes a […]
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Saudi Arabia’s PIF cuts stake in Nintendo after report said it was considering increase
Saudi Arabia’s Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom’s mammoth sovereign wealth fund said it was considering upping its stake. The PIF reduced its stakehold in the Japanese video game giant to 7.54% from 8.58% previously, according to a Japanese regulatory filing on Tuesday. Nintendo has been grappling with a slowing console gaming market and an aging product by way of its flagship Switch hybrid console — its best-selling gear ever, which sold 143.4 million units worldwide. At seven years old, it’s lost some of its sheen, as gamers look to more advanced machines from the likes of Microsoft and Sony.
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One Year After October 7: Assessments and Implications
October 7, 2024 marks the one-year since the Hamas attack on Israel that killed some 1,200 people and precipitated the ongoing Israeli genocidal war on Gaza that thus far has killed almost 42,000 Palestinians and injured some 96,000 others. It is also a year since Hezbollah began what it called a war of support for Hamas, with the goal of alleviating the pressure on the group and on the Gaza Strip as a whole by attacking Israeli positions on the Lebanon-Israel border. Over the past twelve months, the Israeli war on Gaza has displaced almost the Strip’s entire population, with Israeli military operations repeatedly forcing Gazans to relocate from one locale and city to another.
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Saudi Crown Prince ‘reassured everyone’ about King Salman’s health
Saudi Arabia’s Crown Prince Mohammed bin Salman “reassured everyone about the health of the King” during a cabinet meeting on Tuesday, state media reported, after the royal court said on Sunday King Salman bin Abdulaziz would undergo medical tests for a lung inflammation. Earlier this year, King Salman visited King Faisal Specialist Hospital in Jeddah after completing a routine checkup. Citing a statement from the Royal Court, state-media report said at the time that the Saudi leader was admitted “to conduct routine examinations which will take several hours.”
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In Jerusalem, US Senator Graham urges Israel-Saudi normalisation before year end
Prominent U.S. Republican Senator Lindsey Graham urged Saudi Arabia and Israel on Tuesday to establish diplomatic ties by the end of the year, warning that the next U.S. administration is unlikely to be able to secure enough votes to support the deal. The Biden administration is seeking to broker a normalisation accord between the two countries that would include U.S. security guarantees for Gulf state Saudi Arabia, among other bilateral deals between Washington and Riyadh.
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Readout of Secretary of Defense Lloyd J. Austin III’s Call With Saudi Minister of Defense, His Royal Highness Khalid bin Salman
Secretary of Defense Lloyd J. Austin III spoke with Saudi Minister of Defense His Royal Highness Khalid bin Salman yesterday to review U.S. efforts to promote security in the Middle East. The Secretary underscored the United States' longstanding commitment to the Kingdom of Saudi Arabia's defense and the importance of the U.S.-Saudi defense partnership to regional security. The Secretary and the Minister committed to continued close bilateral cooperation to enhance deterrence against shared threats, including from Iran and Iran-backed groups, and the Secretary thanked Saudi Arabia for its efforts to promote calm in the region. The leaders discussed the need for all parties to contribute to a restoration of stability and responsible governance in Lebanon. The Secretary underscored that the United States maintains significant capability in the region to support the defense of U.S. regional partners, protect U.S. personnel, and deter aggression.
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Saudi Arabia to funnel at least $10bn into low-carbon hydrogen via ‘new’ subsidiary: report
And some investments from ESC are set to be made with state oil firm Saudi Aramco, which is currently tasked with delivering the kingdom’s ambitions to deliver 15% of the world’s blue hydrogen (made with fossil gas and carbon capture and storage). The obscure subsidiary has no visible web presence but appears to have been in existence since at least June last year, when PIF congratulated it on becoming a 6% shareholder in German electrolyser maker Thyssenkrupp Nucera, which is 50% owned by its holding company Thyssenkrupp AG.
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Will Smith to Be Guest of Honor at Saudi Arabia Movie Biz Trade Show Saudi Film Confex
Will Smith is set to give a talk on the opening day of the sophomore edition of the Saudi Film Confex, taking place in Saudi Arabia’s capital of Riyadh between Oct. 9-12. The event, which will welcome the Oscar-winning actor as its guest of honor, will gather both local and international industry experts to discuss how to advance and strengthen the Saudi film industry.
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Iran foreign minister to visit Saudi Arabia, regional countries
Iran's Foreign Minister Abbas Araqchi will visit Saudi Arabia and other countries in the region starting on Tuesday to discuss regional issues and work on stopping Israel's "crimes" in Gaza and Lebanon, Iran's state media reported. Gulf Arab states - most of them major energy exporters like Iran - have sought to reassure Tehran of their neutrality in the Iran-Israel conflict, sources told Reuters last week.
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Saudi Arabia leads region in green building projects with 2k registrations
Saudi Arabia has made significant strides in sustainable construction, registering 2,000 of the 5,000 green building projects across the Arab world, according to a top official. Speaking at the opening of the 14th annual Saudi Green Building Forum, held in Riyadh from Oct. 6-8, Minister of Municipalities and Housing Majed Al-Hogail highlighted the Kingdom’s numerous milestones in this sector, reported the Saudi Press Agency. The Saudi green building market is projected to generate $16.4 billion in revenue this year and is expected to grow at a compounded annual rate of 12.3 percent, reaching $33.0 billion by 2030, according to market research firm Prescient & Strategic Intelligence.
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CEO of Air Connectivity Program: Over 60 New Air Routes Connect Saudi Arabia to Global Destinations
The Air Connectivity Program, launched in 2021, has played a significant role in boosting Saudi Arabia's tourism sector by establishing new air routes and enhancing connectivity with international destinations. The program has positioned the Kingdom as a leading hub for global air tourism. During an interview with the Saudi Press Agency (SPA) at the Routes World 2024 Exhibition and Conference in Bahrain, Chief Executive Officer of the Air Connectivity Program Majid Khan highlighted the strategic importance of Saudi Arabia's geographic location, which allows access to Europe, Asia, and Africa within an eight-hour flight radius. This, he said, offers multiple international options for aviation industry players to establish routes to the Kingdom.
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