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Regional e-commerce firms set sights on Saudi Arabia
Digital expert Omar Christidis, founder of ArabNet, the hub for Arab digital professionals and entrepreneurs, said that Saudi Arabia is currently the largest digital market in the MENA region – with almost 40 percent of all Arabic tweets, half of Wikipedia’s Arabic content and 35 percent of all Arabic content on the web coming from […]
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For Saudi Football, a Moment in the International Spotlight
Saudi Arabia’s national football team has had its ups and downs in the last decade, thus far struggling to make a name for itself as a contender in a world full of elite national teams. Nevertheless, the ups and downs of the Saudi program are closely followed by Saudis all over the world and has, […]
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Jadwa Investment – November 2012 Saudi Chartbook
Jadwa Investment’s Saudi Chartbook for the month of November 2012 assesses a number of key aspects of the Saudi economy including the real economy, bank lending, banking indicators, inflation, trade, oil, exchange rates, the TASI (Saudi Stock Market), sectoral performance, and third quarter earnings. To read the entire report in full as a PDF, click […]
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Saudi Arabia’s SABIC sets sights on U.S. shale gas boom
Saudi Basic Industries Corp (SABIC) is considering investing in the United States to capitalise on the shale gas boom there, its chief executive told Reuters on Monday. SABIC and other petrochemical producers in Saudi Arabia have been looking for additional gas supplies to fuel their expansion plans, with SABIC now casting its gaze overseas. “We […]
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Saudi Arabia Seeks $6.7 Billion of U.S. Transport Planes
Saudi Arabia plans to buy 20 C-130J military transport planes, five KC-130J refueling aircraft and related equipment from Lockheed Martin Corp. (LMT) valued at about $6.7 billion, the Pentagon said today in a statement.The Pentagon’s Defense Security Cooperation Agency notified Congress of the potential sale to Saudi Arabia, the agency said in a statement posted […]
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Vela-Bahri merger creates one of the world’s largest shipping firms
Vela International Marine Limited, a subsidiary of Saudi Arabian Oil Company, signed a landmark merger agreement with the National Shipping Company of Saudi (Bahri), resulting in the creation of one of the world’s largest shipping companies.The signing of the agreement was held Sunday and attended by executive officials of both parties including Khalid A. Al-Falih, […]
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Commentary: Saudi Arbitration Court in the UK?
In a recent Financial Times article Caroline Binham and Helen Warrell reported that, “Saudi Arabia will lobby the UK government as early as November to set up a confidential court in London that would settle multimillion pound commercial disputes arising from the Middle Eastern kingdom. The Saudis hope that a London-based arbitration centre would help counter investor […]
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What’s the foreign policy agenda for the next four years?
Is it too early to talk about the foreign policy and national security agenda that will face the next president? No matter who wins on November 6, the feature that is going to dominate U.S. national security planning over the next four years is constraint. Even if we avoid going off the sequestration cliff, there […]
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US Election Note: Middle East Policy after 2012
The Middle East will be a significant challenge to US foreign policy-makers during the next administration – whether with regard to further transitions of the Arab Spring, Iran’s appetite for nuclear weapons, Israel’s posture towards Palestine and other Arab powers in its neighbourhood, or the rise of political Islam. Despite the US tilt to Asia, […]
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A Conversation with Prince Turki Al-Faisal
Few can be said to have been more influential in forging cooperation and building bridges in the relationship than Prince Turki Al-Faisal. He is currently Chairman of the King Faisal Center for Research and Islamic Studies and is one of the founders of the King Faisal Foundation, the namesake of which was his father. His […]
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Ireland, Spain, Norway announce recognition of Palestinian state
Ireland, Spain and Norway announced on Wednesday that they would recognise a Palestinian state on May 28, saying they hoped other Western countries would follow suit, prompting Israel to recall its ambassadors.Spain's Prime Minister Pedro Sanchez said the move was aimed at accelerating efforts to secure a ceasefire in Israel's war with Hamas in Gaza.
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Saudi Arabia completes 1st phase of desertification assessment with creating 246 maps
The National Center for Vegetation Development and Combating Desertification (NCVC) has completed a significant step in its fight against desertification with the first phase of a project to assess the state of land degradation across the Kingdom. This resulted in the creation of 246 detailed maps, which provide valuable insight into desertification trends and the current state of land degradation in different regions. NCVC teams conducted extensive field surveys, research, and studies to better understand the process of desertification and land degradation, and identify effective strategies to combat them.
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Saudi Ma’aden has extracted lithium from seawater, CEO says
Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told Reuters on Tuesday.
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Saudi Crown Prince promises stable oil supply to Japan
Saudi Arabian Crown Prince Mohammed bin Salman promised stable oil supplies to Japan in a video conference with Prime Minister Fumio Kishida on Tuesday, the Japanese Foreign Ministry said in a media release. The crown prince told Kishida that "Saudi Arabia remains committed to the stable supply of crude oil to Japan and that Saudi Arabia would like to cooperate with Japan in other areas including the field of clean energy," it said.
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Saudi Studio Telfaz11 Set To Shoot Concept Comedy ‘Alzarfa’ as Its Followup To Smash Hit ‘Sattar’
Fast rising Saudi studio Telefaz11 – the label behind record-breaking wrestling comedy “Sattar” – is set to make an ambitious concept comedy titled “Alzarfa” that will combine the heist movie and film-within-a-film genres.
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Saudi Arabia’s national carrier orders more than 100 new Airbus jets as it ramps up tourism push
Saudia Group, which represents the Saudia airline and its budget carrier Flyadeal, said Monday that it ordered 105 aircraft from the French aerospace company’s A320neo family of jets, including 12 A320neos and 93 A321neos. That brings Saudia Group’s Airbus aircraft order backlog to 144 of the A320neo family planes.
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US and Saudi Arabia close to defence and civil nuclear deal
“We now have a near final set of arrangements, which would be the bilateral elements of this deal, and we really believe the Saudi deal is pretty much there,” the senior official said. “But there are elements of it, including a credible pathway for the Palestinians and also some other elements, that would still have to be completed.” The official added: “The crisis needs to recede to open up space for this.”
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Satellite Images Show Massive Theme Park Taking Shape in Saudi Arabia
A massive new water and theme park is being constructed in the deserts of Saudi Arabia, part of yet another megaproject commissioned by Crown Prince Mohammed bin Salman as part of his vision to turn the kingdom into a top tourism destination.
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Saudi Eyes F-35 Stealth Fighters In Landmark Defense Deal As US Looks To Push China Out Of Kingdom
The White House announced on May 20 that substantial progress had happened in the discussions between the US national security adviser and the Saudis over the weekend, bringing the two countries closer to a final agreement on a bilateral defense accord. John Kirby, the White House’s spokesman for national security, stated that the two sides were “closer than we’ve ever been” on a bilateral agreement that is “near final.”
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State of Play: The fight for Roshn Saudi League survival
The relegation race is tightening in the Roshn Saudi League as we head into the penultimate round of fixtures. Realistically, as bottom side Al Hazem’s fate is already sealed, four teams are fighting for survival, with Abha, Al Okhdood, Al Tai and Al Riyadh separated by two points towards the foot of the table, and while Al Raed are mathematically still not safe, it would take a comprehensive list of results working against them if they are to face a first-ever relegation.
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