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  • Russian Forces Draw Opposition From Locals in Northeast Syria

    Russian forces increasingly face rejection by the local population in northeast Syria as they attempt to expand their military presence in that part of the war-torn country, local sources and experts said. Last week, a Russian military convoy arrived in a village near Syria’s border with Turkey where Russian officers reportedly expressed their desire to set up a military outpost in the area.

  • Arab Media Reports Some Key Breakthroughs in Moroccan Libya Talks

    Rival Libyan political leaders held joint talks Thursday in Morocco and Egypt amid reports of some breakthroughs over key issues, including elections and uniting rival governments. Arab media reported breakthroughs on several key points during talks between rival Libyan political leaders outside the Moroccan capital, Rabat. It was not clear if any of the breakthroughs would last into further negotiations in Geneva next week.

  • Saudi Arabia chases UK tech firms to partner on $500bn Neom City

    Saudi Arabia has called on UK companies to partner and invest in its multi-billion dollar smart cities as part of the kingdom’s transformation drive. “The drive behind all these opportunities is that smart cities will help Saudi Arabia,” Moath Alzahrani, smart cities domain lead at the kingdom’s National Digital Transformation Unit told delegates at London’s Tech Week event.

  • Hundreds of Schools in Yemen Attacked by Warring Parties

    Eight-year-old Mazen Mohia Aldeen likes science class, and he wanted to grow up to be an engineer. But now he is considering dropping out of school. It has become too scary. His fears began in 2017, when an airstrike hit a schoolhouse in his neighborhood. He was also in school and everyone screamed, Aldeen said. He later saw reports on social media of 13 dead and more than 80 injuries. Mazen Mohia Aldeen, 8, says he will drop out of school if another airstrike hits a school in his neighborhood, pictured on Aug. 25, 2020, in Sanaa, Yemen. (VOA)

  • Saudi PIF Ranks 8th Among World’s Top SWFs With $390b Assets

    Saudi Arabia’s Public Investment Fund (PIF) maintained its 8th position among the world’s largest sovereign wealth funds (SWFs) for September 2020, recent data from SWF Institute showed. The Kingdom’s sovereign wealth fund assets increased by $30 billion to $390 billion, hovering near a targeted level of $400 billion by the end of 2020.

  • Saudi Arabia Power Company Pioneers $1.3 Billion Green Bond

    Saudi Electricity Co. sold the first green bond from the world’s largest oil-exporting nation, the latest milestone in the expansion of environment-friendly debt instruments. State-owned Saudi Electricity sold $1.3 billion of 5- and 10-year dollar-denominated green sukuk to finance green capital projects. Final spreads narrowed 30 basis points for both maturities from initial price talks to 140 basis points and 170 basis points, respectively, according to details of the deal that priced on Thursday.

  • Resumption of international flight service under review – Saudi minister

    Saudi Arabia's Minister of Health Dr. Tawfiq Al-Rabiah said that the date of the resumption of the suspended international flight service is subject to continuous evaluation on the basis of the extent of the spread of coronavirus pandemic. “Accordingly, an appropriate decision will be taken based on the directives of Custodian of the Two Holy Mosques King Salman and Crown Prince Muhammad Bin Salman,” he said.

  • UN General Assembly: Interview with Saudi Ambassador to UN

    As part of our programming celebrating 75 years of the UN,  we’re focusing on some of the biggest challenges the world faces. In this episode, Anand Naidoo  interviews Saudi Arabia’s ambassador to the United Nations, Abdallah Al Mouallimi on the Israeli-Palestinian crisis, Saudi’s role in Yemen, its ties with Iran, the Israel-United Arab Emirates agreement and much more.

  • Saudi Arabia’s Coworking Market Is On The Uprise

    “The flexible workspace market is projected to reach $44 billion in value by 2021, and an increasing number of newer businesses and well-established corporates increasingly prefer to use serviced workspaces in Saudi Arabia,” said Dr. Eyad Reda, chairman of Servcorp Saudi.

  • Saudi Citizen Account Program deposits SR1.9bn for Sept.

    Saudi Arabia’s Citizen Account Program deposited SR1.9 billion ($506 million) into the accounts of 10.7 million beneficiaries for September. The national scheme was created to protect Saudi households from the direct, indirect and expected impacts of the various economic reforms taking place in the Kingdom through monthly cash transfers into their accounts.