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PBBM Speech after KSA trip

OFFICIAL REPORT. President Ferdinand R. Marcos Jr. delivers a speech upon arriving at the Villamor Air Base in Pasay City from Riyadh, Saudi Arabia on Saturday (Oct. 21, 2023), where he attended the inaugural Association of Southeast Asian Nations - Gulf Cooperation Council Summit. The President summarized the results of his participation, highlighting his meetings with Kuwaiti Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah to address labor issues and Saudi Crown Prince Mohammed bin Salman who pledged to set aside about 2 billion riyals for Filipino workers who were displaced after construction firms in Saudi Arabia went bankrupt. (PNA photo by Alfred Frias)

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Successful Trip PBBM FROM SAUDI

BUSINESS TRIP. President Ferdinand R. Marcos Jr. descends from Philippine Airlines flight PR001 at Villamor Air Base in Pasay City on Saturday (Oct. 21, 2023). The President attended the inaugural Association of Southeast Asian Nations - Gulf Cooperation Council Summit, where he also forged USD4.2 billion worth of business agreements with Saudi firms and met with Kuwaiti Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah to address labor issues and Saudi Crown Prince Mohammed bin Salman who pledged to set aside about 2 billion riyals for Filipino workers who were displaced after construction firms in Saudi Arabia went bankrupt. (PNA photo by Alfred Frias)

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Saudi Arabia announces establishment of 5 investment firms on 2nd day of Future Investment Initiative conference

STORY: Saudi Arabia announces establishment of 5 investment firms on 2nd day of Future Investment Initiative conference DATELINE: Oct. 27, 2022 LENGTH: 00:02:04 LOCATION: Riyadh CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the 6th edition of the Future Investment Initiative (FII) conference in Riyadh STORYLINE: Saudi Arabia's Public Investment Fund (PIF) has established five regional investment companies to invest in Bahrain, Iraq, Jordan, Oman and Sudan, according to a PIF press release published on Wednesday. The five companies, together with the Saudi Egyptian Investment Company established in August, aim to invest up to 90 billion Saudi Riyals (24 billion U.S. dollars) in various key sectors including infrastructure, real estate development, mining, healthcare, financial services, food and agriculture, manufacturing, telecoms, and technology. The announcement, made by Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, comes on the second day of the sixth edition of the Future Investm

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SAUDI ARABIA-RIYADH-HORSES FESTIVAL-HORSE AUCTION

(220111) -- RIYADH, Jan. 11, 2022 (Xinhua) -- A horse is displayed during an auction at Saudi Arabian Horses Festival in Riyadh, Saudi Arabia, on Jan. 10, 2022. Saudi Arabian Horses Festival started on Monday in Riyadh with a horse auction that generated more than 1 million Saudi Riyals (270,000 U.S. dollars), local media reported Tuesday. The auction displayed 40 stallions and mares of rare breeds, and around 120 people participated in the event, according to local newspaper Saudi Gazette. (Xinhua/Wang Haizhou)

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SAUDI ARABIA-RIYADH-HORSES FESTIVAL-HORSE AUCTION

(220111) -- RIYADH, Jan. 11, 2022 (Xinhua) -- A horse is displayed during an auction at Saudi Arabian Horses Festival in Riyadh, Saudi Arabia, on Jan. 10, 2022. Saudi Arabian Horses Festival started on Monday in Riyadh with a horse auction that generated more than 1 million Saudi Riyals (270,000 U.S. dollars), local media reported Tuesday. The auction displayed 40 stallions and mares of rare breeds, and around 120 people participated in the event, according to local newspaper Saudi Gazette. (Xinhua/Wang Haizhou)

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SAUDI ARABIA-RIYADH-HORSES FESTIVAL-HORSE AUCTION

(220111) -- RIYADH, Jan. 11, 2022 (Xinhua) -- A horse is displayed during an auction at Saudi Arabian Horses Festival in Riyadh, Saudi Arabia, on Jan. 10, 2022. Saudi Arabian Horses Festival started on Monday in Riyadh with a horse auction that generated more than 1 million Saudi Riyals (270,000 U.S. dollars), local media reported Tuesday. The auction displayed 40 stallions and mares of rare breeds, and around 120 people participated in the event, according to local newspaper Saudi Gazette. (Xinhua/Wang Haizhou)

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SAUDI ARABIA-RIYADH-HORSES FESTIVAL-HORSE AUCTION

(220111) -- RIYADH, Jan. 11, 2022 (Xinhua) -- A horse is displayed during an auction at Saudi Arabian Horses Festival in Riyadh, Saudi Arabia, on Jan. 10, 2022. Saudi Arabian Horses Festival started on Monday in Riyadh with a horse auction that generated more than 1 million Saudi Riyals (270,000 U.S. dollars), local media reported Tuesday. The auction displayed 40 stallions and mares of rare breeds, and around 120 people participated in the event, according to local newspaper Saudi Gazette. (Xinhua/Wang Haizhou)

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SAUDI ARABIA-RIYADH-HORSES FESTIVAL-HORSE AUCTION

(220111) -- RIYADH, Jan. 11, 2022 (Xinhua) -- A horse is displayed during an auction at Saudi Arabian Horses Festival in Riyadh, Saudi Arabia, on Jan. 10, 2022. Saudi Arabian Horses Festival started on Monday in Riyadh with a horse auction that generated more than 1 million Saudi Riyals (270,000 U.S. dollars), local media reported Tuesday. The auction displayed 40 stallions and mares of rare breeds, and around 120 people participated in the event, according to local newspaper Saudi Gazette. (Xinhua/Wang Haizhou)

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SAUDI ARABIA-RIYADH-HORSES FESTIVAL-HORSE AUCTION

(220111) -- RIYADH, Jan. 11, 2022 (Xinhua) -- A horse is displayed during an auction at Saudi Arabian Horses Festival in Riyadh, Saudi Arabia, on Jan. 10, 2022. Saudi Arabian Horses Festival started on Monday in Riyadh with a horse auction that generated more than 1 million Saudi Riyals (270,000 U.S. dollars), local media reported Tuesday. The auction displayed 40 stallions and mares of rare breeds, and around 120 people participated in the event, according to local newspaper Saudi Gazette. (Xinhua/Wang Haizhou)