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Saudi Non-Oil Private Sector Continues Solid Growth in March – Survey
- April 5,2022
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- SUSTG Team
Saudi Arabia’s non-oil private sector “kept up its solid pace of growth in March as output expanded at the fastest rate in over four years,” a survey showed on Tuesday.
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Recovering Saudi Economy Sees Unemployment Among Saudi Nationals Lowest Since 2009
- March 30,2022
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- SUSTG Team
Saudi Arabia’s booming economy is translating to a strong job market in the Kingdom both for expats and citizens alike, according to a report in Bloomberg, which cited latest data from the kingdom’s General Authority for Statistics.
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US to Ban Russian Oil Imports over Ukraine Invasion; Report Says Biden Team Considering Saudi Visit
- March 8,2022
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- SUSTG Team
President Joe Biden will announce a ban on the U.S. import of Russian energy, in the latest effort to ratchet up sanctions over Russia’s invasion of Ukraine, according to reports.
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NEOM Emerges as Most Desired Real Estate Destination for Saudis — Report
- February 24,2022
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- SUSTG Team
Saudi Arabia’s forthcoming new megacity NEOM on the Red Sea coast has been named as the most preferred location to buy a home by the kingdom’s homeowners, first-time buyers and high-net-worth-individuals (HNWI), according to Knight Frank’s annual 2022 Saudi Residential Survey.
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President Biden, King Salman Speak by Phone; Biden Emphasizes U.S. Support for Saudi Security
- February 10,2022
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- SUSTG Team
President Joseph R. Biden, Jr. spoke with Saudi Arabia’s King Salman to discuss “regional developments and issues of mutual concern, including Iranian-enabled attacks by the Houthis against civilian targets in Saudi Arabia,” the White House said in a statement.
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Top Biden Officials Meet with Saudi Ambassador Reema bint Bandar to Discuss Response to Houthi Attacks on Civilians
- January 25,2022
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- SUSTG Team
The United States has discussed with Gulf allies including Saudi Arabia and the United Arab Emirates to hold Yemen’s Houthi group accountable after the Iranian-backed fighters attacked the UAE for the second time in a week, the White House said.
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Saudi-backed Coalition Ramps Up Fighting in Yemen; Forces Re-Take Shabwa Province
- January 11,2022
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- SUSTG Team
Forces of Yemen’s Saudi-backed, internationally recognized government in Yemen have reclaimed the entire southern province of Shabwa from Iran-backed Houthi rebels, the AP reports, citing officials. Government forces and Houthi rebels have been locked for months in a fierce battle in northern Yemen, with heavy fighting in the oil and gas rich Marib and Shabwa provinces.
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Saudi Arabia Plans PIF Takeover of Airport Operators with Eyes Toward Privatization
- December 21,2021
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- SUSTG Team
Saudi Arabia plans to convert its airport operators into holding companies and transfer them to the Public Investment Fund (PIF), according to a Reuters report, citing Abdulaziz Al-Duailej, the head of Saudi Arabia’s General Authority of Civil Aviation. Some of the new companies may eventually be privatized, according to Al-Duailej. Per Reuters: “The kingdom’s 22 airports […]
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MBS’s GCC Tour, PIF’s Latest Telecom Moves, and Saudi Arabia’s ‘Ever More Ambitious Investment Strategy’ with Guest Co-Host Robert Mogielnicki from AGSIW
- December 10,2021
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- SUSTG Team
This week, The 966 welcomes guest co-host Robert Mogielnicki from the Arab Gulf States Institute in Washington (AGSIW) and Adjunct Assistant Professor at Georgetown University. The hosts discuss the changed working week in the UAE and discuss why visiting Saudi Arabia is the best way to understand what’s going on in the country. Then, the hosts […]
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After Hosting France’s Macron for Talks, Crown Prince MBS Attends First Ever Saudi Grand Prix
- December 6,2021
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- SUSTG Team
It was a busy weekend for Saudi Arabia’s Crown Prince Mohammed bin Salman ahead of a planned regional trip to neighboring Gulf countries. The crown prince hosted France’s President Emmanuel Macron in Jeddah for diplomatic and trade talks at the Al-Salam palace in Jeddah on Saturday. Macron landed in Jeddah after visits to the United Arab Emirates and […]
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Interview: Adel Al-Jubeir talks Yemen, Saudi-US relations, human rights and Israel
In an exclusive interview with Arab News, Adel Al-Jubeir stressed that the relationship between the two countries was “strong, dynamic and multifaceted.” “The (Biden) administration has made it very, very clear that it is committed to the defense of Saudi Arabia, that it is committed to defending Saudi against external threats,” he said. “So, I really don’t see much of a change between this administration and the previous administration in terms of their commitment to Saudi Arabia.”
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Yemen’s Houthis say attacked Saudi capital Riyadh with four drones; no Saudi confirmation
A spokesman for Yemen’s Houthis said on Thursday the group had attacked important targets in the Saudi Arabian capital Riyadh using four drones. There was no confirmation from the Saudi authorities.
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Saudi Arabia to give Yemeni government $422 million worth of fuel
Saudi Arabia will grant $422 million worth of petroleum products to Yemen’s internationally recognised government for power stations and to support public services as the country grapples with a fuel shortage, state news agency SPA said on Tuesday.
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Oman hopes ceasefire in Yemen is agreed ‘very soon’
Muscat has been working closely with Riyadh, Washington and the United Nations to reach a comprehensive political solution to the crisis. “The sultanate hopes that these contacts will achieve the desired result very soon, in order to restore security and stability to brotherly Yemen and preserve the security and interests of the countries in the region,” a statement carried by the Omani state news agency ONA said.
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UN experts pull back on corruption claims against Yemen
The U.N. panel of experts monitoring sanctions against Yemen has pulled back from its claims of corruption and money laundering by the government, central bank and a United Arab Emirates-based holding corporation, saying a preliminary review of new information has found no evidence.
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Mountain Battles Signal Path to Yemen Peace Runs Via More War
In Washington and Riyadh, there’s growing momentum behind efforts to end Yemen’s war. But in the mountains that guard the conflict’s latest prize, it’s the fighting that is intensifying and it could make diplomacy futile. “We don’t care about all this talk of peace,” said Abdulrehman Ahmed, a soldier with Yemeni government forces repulsing a push by Iran-backed Houthi fighters to capture oil-rich Marib province. “We’re fully ready to fight until the end.”
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Mountain Battles Signal Path to Yemen Peace Runs Via More War
Seizing Marib, a key provider of fuels that’s connected by an oil pipeline to the port at Hodeidah, could allow the Houthis to push south and closer to their ultimate goal of controlling the country. At the very least, it would strengthen their hand at future peace talks.
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U.S. special envoy for Yemen traveling to Middle East
U.S. Special Envoy Tim Lenderking will travel to the Middle East on Thursday to press a plan for a ceasefire in Yemen, talks on settling its civil war and an end to the humanitarian catastrophe that it has caused, the State Department announced. Lenderking’s trip was expected to include meetings with Iran-aligned Houthi movement leaders as the veteran diplomat had said earlier this month that he would “immediately” return to the region when they were ready to talk.
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Saudi-led coalition destroys another explosives-laden drone launched by Yemen’s Houthis -state TV
The Saudi-led coalition said on Thursday it destroyed an explosives-laden drone launched by Yemen’s Houthis towards the kingdom’s southern city of Khamis Mushait, according to state TV.
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Analysis: Why Yemen’s Houthis turned down Saudi Arabia’s ceasefire offer
The Houthis appear to think they are in a strong enough position to turn down the Saudis’ proposals. Riyadh’s overture follows an increase in attacks by the largely Zaidi Shia force against oil installations in the Sunni kingdom – with the Houthis launching another drone attack on airport in southern Saudi Arabia on Tuesday. This follows the Houthis’ intensification in recent weeks of their attacks on Marib – an oil-rich town and the UN-recognised government’s last remaining stronghold in northern Yemen.
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