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22.11.25 - 01:06
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Saudi Arabia′s Deepening Ties to the US and What It Means for Investors (Bloomberg)
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After President Trump gave a royal welcome to Saudi Arabia's Crown Prince Mohammed bin Salman, the Kingdom's strategic shift from petrochemicals to technology is expected to materialize in the form of investment. We break down what investors can expect with Basilinna's Deborah Lehr and Council on Foreign Relations' Steven Cook. (Source: Bloomberg)...
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20.11.25 - 23:01
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Jon Stewart rips Trump, tech leaders over Saudi crown prince visit (The Hill)
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Comedian Jon Stewart went after President Trump and tech leaders over a visit this week with Saudi Crown Prince Mohammed bin Salman. “Jon, what do you think about all of the CEOs attending the White House dinner for MBS?” Brittany Mehmedovic, Stewart's producer, asked on his “The Weekly Show with Jon Stewart” podcast. “What did......
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20.11.25 - 17:21
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Commerce Department Authorizes Export Of Advanced AI Chips To Companies In UAE, Saudi Arabia (ZeroHedge)
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Commerce Department Authorizes Export Of Advanced AI Chips To Companies In UAE, Saudi Arabia
Authored by Jacob Burg via The Epoch Times,
The U.S. Department of Commerce announced on Nov. 19 that it had authorized exporting tens of thousands of American advanced artificial intelligence (AI) semiconductor chips to two companies in the United Arab Emirates and Saudi Arabia.
The microchips will go to G42, a state-run AI company in Abu Dhabi in the UAE, and Humain, a Saudi government-backed AI business. Both companies have large data center projects planned in each of their respective nations.
The announcement came a day after Saudi Arabian Crown Prince Mohammed bin Salman arrived in the United States for the first time since 2018 and is reflective of both countries' interests in developing AI technology.
“Both companies are receiving approvals to purchase the equivalent of up to 35,000 Nvidia Blackwell chips (GB300s),” the Commerce Department said in a statement.
“These approvals will prom...
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20.11.25 - 11:36
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F-35-Deal mit Saudi-Arabien löst Empörung in Israel aus (DPA-AFX)
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TEL AVIV (dpa-AFX) - Die israelische Opposition hat angesichts des vereinbarten Verkaufs US-amerikanischer F-35-Kampfjets an Saudi-Arabien die eigene Regierung scharf kritisiert. Die Opposition fordere wegen des Deals zwischen Washington und Riad eine ......
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20.11.25 - 09:36
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Hong Kong firms pick Saudi Arabia over mainland China for expansion: HSBC (SCMP)
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Hong Kong businesses are increasingly turning to Saudi Arabia as their top choice for supply chain diversification amid changing trade conditions, according to an HSBC survey.
Nearly a fifth of Hong Kong businesses identified Saudi Arabia as their preferred market to expand production, followed by mainland China at 14 per cent, according to the survey released on Thursday. Interest was strongest among technology, media and telecommunications firms.
Favourable policies bolstered the trend, the......
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20.11.25 - 08:54
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Alhasan: US Visit Success for Saudi Arabia & MBS (Bloomberg)
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President Donald Trump said $270 billion in deals are being signed at a US-Saudi Investment Forum during Saudi Crown Prince Mohammed bin Salman's visit to Washington. The crown prince has pledged to increase Saudi investments in the US from $600 billion to $1 trillion, but without giving any details. Hasan Al Hasan, Senior Fellow for Middle East Policy at the International Institute for Strategic Studies spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)...
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20.11.25 - 00:00
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Trump Names Saudi Arabia A ′Major Non-NATO Ally′ During MbS Candlelight Dinner Attended By Tech Moguls (ZeroHedge)
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Trump Names Saudi Arabia A 'Major Non-NATO Ally' During MbS Candlelight Dinner Attended By Tech Moguls
Aside from a couple of hiccups involving exchanges with the press, Crown Prince Mohammed bin Salman's (MbS) visit to the White House went well, after he came bearing massive gifts, especially a pledge for a whopping $1 trillion in US investment.
During the Tuesday night candlelight dinner in his honor, which was attended by Elon Musk, Tim Cook, Jensen Huang, Cristiano Ronaldo, the head of FIFA Gianni Infantino - and many other tech moguls and notable figures - President Trump took the opportunity to proclaim for the first time Saudi Arabia as a "major non-NATO ally" (MNNA).
Via Reuters
This was based on the signing of a new security pact with MbS, called the US-Saudi Strategic Defense Agreement (SDA), during the earlier Oval Office visit.
"At tonight's dinner, I'm happy to share that we are elevating our military partnership by officially naming Saudi Arabia a major...
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