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In the occupied West Bank and Gaza Strip, Palestinians ruled out that changing the Israeli head of state would make little difference. According to Reuters, they believe the nationalist leader set to succeed Prime Minister Benjamin Netanyahu would likely follow the same right-wing plan. “There is no difference between one…
Historically, Saudi Arabia has been targeted by “jihadist” terrorist organizations more than most other countries. Official estimates say that between 1979 and 2017 there were more than 840 terrorist attacks targeting the kingdom. As a result, the country has accumulated a certain degree of know-how in how to combat violent…
The August 2018 chart book by Jadwa Investments provides useful insights into Saudi Arabia’s economy. Real economy Data for June showed mixed economic activity. While PoS transactions were up 6.8 percent year-on-year, ATM transactions were down 4.4 percent, reflecting slower activity during the eid al-fitr holidays. Cement sales continued to drop, with a…
Saudi Arabia’s record $17.5 billion bond issue Saudi Arabia conducted the largest-ever emerging market bond sale last month, selling $17.5 billion of debt in the government’s first international offer while attracting investor orders totalling almost four times that amount. Reuters attributed the huge demand, larger than many market participants had…
At the end of April, Saudi Arabia’s council of economic and development affairs, chaired by crown prince Muhammad bin Salman, approved the kingdom’s privatization program. The program aims to generate 35 billion to 40 billion riyals ($9 billion to $11 billion) by 2020 and create up to 12,000 jobs. It…
