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Why Technical and Vocational Training is an Urgent Need for Saudi Arabia’s Future
Higher education and technical and vocational training are still so far from the requirements of the labor market and specifically in the private sector. Official data show that the proportion of those who enrolled in Saudi universities from high school is the highest in the world – 78% (more than 383,000 students), compared to 56% […]
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A Plea to the Saudi Ministry of Transportation: Save the Lives of Thousands of Saudis
Recently, I received an invitation from Saudi Aramco to deliver a speech in the Eastern Province peninsula town of Ras Tanura, Saudi Arabia. I was welcomed as a member of the Saudi Aramco family, and not just a visitor. This was not my first time delivering a speech for this great company. I decided to […]
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High Performance Government and MILE: Delivering on the Promise of eGovernment
In a country with 185% mobile device penetration and some of the highest levels of Web usage in the world, how do Saudi officials deliver on the promise of eGovernment? Dr. Mohammed Mustafa Mahmoud, CEO of the Madinah Institute for Leadership and Entrepreneurship (MILE), says it’s not an easy task, given the high expectations of […]
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On Saudi Employment, The Numbers Do Not Lie
During the past few weeks the public’s attention has been focused on the labor market, and much has been said about providing jobs for Saudis. There is no doubt that jobs have been created in the past few years, but some figures announced in the media are exaggerated.
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For Saudi Arabia, Change in Fiscal Policy Should Come Sooner than Later
Each year brings the announcement of a new historic budget for Saudi Arabia with an increase in spending higher than its predecessor. In fact, there is nothing permanent in the economy, and there is nothing permanent in government spending. For Saudi Arabia, government spending depends on oil prices, and the continued expansion of the budget is […]
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Restructuring Higher Education in Saudi Arabia
Education in Saudi Arabia is still not sufficient to match the requirements of the labor market, especially for the Saudi private sector. Graduates need the right skills as required by the labor market, and those without these skills who focus on more general social sciences will be at a disadvantage. The answer is not more […]
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Fahad Nazer: You should go see ‘Wadjda’; but for greater insight into Saudi Arabia don’t miss these BBC documentaries
2013 will be remembered as a seminal year in the history of Saudi filmmaking. Haifaa Al Mansour’s “Wadjda” – the first feature length film shot entirely in Saudi Arabia and directed by a Saudi woman – has received critical acclaim and has even generated Oscar buzz as a possible nominee for best foreign language film. […]
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Secretary Blinken’s Speaks with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud; Defense Secretary Austin in Israel Announces New Operation in Red Sea
U.S. Secretary of State Antony J. Blinken spoke today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and discussed developments in the Gaza Strip during a phone call, according to statements released by both nations.
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Riyadh Air Sponsors Spanish Football Club Atlético de Madrid in 3 Year Deal; Jerseys Unveiled
Saudi Arabia’s newly launched airline, Riyadh Air, will sponsor one of Spain’s leading football clubs, Atlético de Madrid, the company said today in a press release as it unveiled a new design for the kits players will wear on-field.
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Pulitzer Prize winning journalist and former publisher of the Wall Street Journal Karen Elliott House joins The 966
American journalist, author, media executive, and pulitzer prize winner Karen Elliott House joins The 966. Elliott House discusses her recent work, a paper entitled ‘Saudi First’, for the Belfer Center at Harvard’s Kennedy School of Government, as well as her experiences traveling to and from Saudi Arabia for decades and her views on Saudi Arabia as […]
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MUST-READS
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Saudi’s new mining vehicle picks industry veteran as first CEO
Saudi Arabia’s Manara Minerals Investment Co. hired veteran dealmaker Pierre Chenard to be its first permanent chief executive officer, as the mining investment firm searches for more assets.
Manara, backed by the Saudi sovereign wealth fund, is spearheading the kingdom’s ambitious plan to become a major player in metals and mining. The vehicle has been tasked with snapping up stakes in mines overseas and funneling the raw materials back to Saudi Arabia for processing. -
How Do You Solve a Problem Like the Houthis?
The last seven months have made two things clear. First, the Houthi threat to commercial shipping and freedom of navigation is not going to disappear. This will remain true whether there is a cease-fire in Gaza or not – the genie is out of the bottle, and it will be very hard to contain it. Second, the United States does not have a good toolbox to counter the Houthi threat. As Haines told Congress, U.S. actions have “been insufficient to really stop the Houthis from going down this road.” All of this raises the key question: How can the United States deal with a long-term and enduring challenge like Houthi attacks on commercial shipping?
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How new Saudi Pro League rules could have huge Liverpool transfer implications
The quota for foreign players joining Saudi clubs has been extended from eight to 10 for next season, giving them more freedom to target big names. They could be helped further by plans to attract sponsorship from private businesses for teams not backed by the country’s Public Investment Fund (PIF).
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US Senator Graham says Saudi Crown Prince has clear vision that will change Mideast
Saudi Arabia’s Crown Prince Mohammed bin Salman has a clear vision that will change the face of the Middle East and help achieve peace in the region, US Republican Senator Lindsey Graham told Al Arabiya in an exclusive interview.
Noting that he traveled to the Kingdom and Israel four times since Oct 7, Graham said the purpose of his visits was not only “to find a way to end the war, but [also] create peace.”
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Saudi Wealth Fund Slashes Reported Holdings of US Equities
Saudi Arabia’s sovereign wealth fund slashed the number of US stocks it reported owning at the end of the first quarter, roughly halving its direct holdings in those equities.
The Riyadh-based Public Investment Fund held US-traded stocks with a market value of about $18 billion as of March 31, down from $35 billion at year-end, according to an analysis of a Form 13F filed Wednesday with the US Securities and Exchange Commission.
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Saudi Arabia launches digital identity service, new passport stamp for Hajj pilgrims
Saudi Arabia’s Ministry of Interior on Wednesday launched the digital identity service for pilgrims arriving from outside the Kingdom on Hajj visas for this season, the Saudi Press Agency reported.
The ministry also launched a special passport stamp for pilgrims benefiting from the Mecca Route Initiative.
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Princess Nourah University Organizes Scientific Conference on Conveying Saudi Identity across Languages, Cultures
The conference aimed to contribute to achieving the first goal of the Saudi Vision 2030 related to enhancing Islamic values and national identity by conveying Saudi identity across languages and cultures and conveying the Kingdom's cultural, literary, historical, and civilizational heritage to the world. It also sought to raise awareness of the importance of languages, translation, and cultural studies in promoting and conveying the national identity to others, ultimately creating a competitive atmosphere among university students in the Kingdom to introduce their national identity through different languages and cultures.
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Shamoon virus returns in Saudi computer attacks after four-year hiatus
Shamoon, the destructive computer virus that four years ago crippled tens of thousands of computers at Middle Eastern energy companies, was used two weeks ago to attack computers in Saudi Arabia, according to several U.S. cyber security firms.CrowdStrike, FireEye Inc, Intel Corp's McAfee security unit, Palo Alto Networks Inc and Symantec Corp warned of the attacks, though they did not name any victims. They did not say how much damage had been caused or identify the hackers using Shamoon, which cripples computers by wiping drives used to start machines.
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Saudi women are learning financial literacy and it’s helping the country grow
While economic growth might be the overarching national motivation, international organizations are building programs that seek to empower individuals as well. The International Monetary Fund and World Bank have worked with individual countries to enhance financial literacy at the population level through targeted national programs, and the Organisation for Economic Co-operation and Development (OECD) has developed guidelines to support participating countries in improving financial literacy.
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Dubai Advisory Setting Up Shop in Saudi Arabia Upbeat on FDI
In a sign of the need for more capital, executives from so-called giga projects like Neom and Qiddiya were out in force this week at events in the capital city of Riyadh to pitch themselves to potential partners and investors. Neom also recently held a show-and-tell for bankers.
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