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Tag: Saudi Arabia

Posted on December 26, 2020

UAE clean energy firm signs $41m deal for new projects

UAE-based Yellow Door Energy has announced new renewables projects worth AED150 million ($41 million) in the region, including Jordan, Pakistan, Saudi Arabia, Bahrain and its home market. The projects …

( read original story …)



Posted on December 25, 2020

Google brings its cloud business to Saudi Arabia via Aramco

The partnership gives Alphabet Inc.’s Google regulatory clearance to set up what it calls a “cloud region” in the kingdom, the companies said last week. Employees at Google have called on the company …

( read original story …)



Posted on December 24, 2020

Trump administration pushes forward on $500 million weapons deal with Saudi Arabia

The Trump administration has formally notified Congress that it intends to sell nearly $500 million in precision bombs to Saudi Arabia, a transaction that is likely to fuel criticism from lawmakers …

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Posted on December 24, 2020

Google is partnering with oil giant Aramco to access Saudi Arabia’s $10 billion cloud market

Google Cloud and Saudi Aramco will partner to deliver cloud infrastructure to Saudi Arabia, as Covid-19 accelerates rapid digital adoption in the Gulf.

( read original story …)



Posted on December 23, 2020

Is Saudi Arabia eyeing a step into Russia’s backyard?

Orlen, Poland’s largest oil refiner, and Aramco, Saudi Arabia’s biggest producer, may be about to tie up a deal. That could have repercussions for Russia’s Rosneft — and Mr Putin’s coffers.

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Posted on December 23, 2020

Saudi Firms Replace CEOs at Rapid Pace in Fourth Quarter

Some of Saudi Arabia’s listed companies are seeing key leadership roles reshuffled at a rapid pace, with about 10 CEOs replaced this quarter alone.

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Posted on December 22, 2020

Saudi Arabia’s $360 Billion Wealth Fund Rejigs Leadership

(Bloomberg) — Saudi Arabia’s sovereign wealth fund overhauled some of its … chief executive officer of the country’s National Debt Management Center and adviser to the finance minister, will become …

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Posted on December 22, 2020

Pakistan uses China’s financial assistance to repay Saudi loan

Islamabad has so far paid $2 billion to Riyadh after Saudi Arabia insisted on the repayment of the loan earlier this year in the wake of bilateral ties being strained over Pakistan’s efforts to forge …

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Posted on December 22, 2020

Qatar Will Emerge From Saudi-Led Blockade With A More Powerful Military Than Ever

When the Saudi Arabian-led economic blockade against it ends, which could well be in the near future, the tiny nation of Qatar is destined to emerge with a much larger and more sophisticated military …

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Posted on December 22, 2020

Emirates suspends flights to Saudi, Kuwait and Oman

Dubai-based Emirates has suspended flights to Saudi Arabia, Kuwait and Oman. The move came after the three Gulf countries shut their borders over a new, more infectious strain of Covid-19 that’s …

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