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Recent stories from sustg
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Saudi Crown Prince, Ambassador Reema meet with U.S. Congress Members in Saudi Arabia; Biden Officials in Kingdom to Plan Potential Visit
- May 25,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman and Saudi Ambassador to the United States Princess Reema bint Bandar Al-Saud met with a delegation of visiting US Congress members on Tuesday in Saudi Arabia.
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MBZ takes the reins in the UAE, the PIF’s Saudi Coffee Co., and much more…
- May 20,2022
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- SUSTG Team
Episode 44 📈 The hosts talk about the UAE’s long-time de facto ruler Sheikh Mohamed bin Zayed Al Nahyan, who was elected as president of the UAE a day after the death of former leader Sheikh Khalifa. They also discuss Saudi Arabia’s Public Investment Fund’s (PIF) new venture into the nascent coffee sector in caffeine-thirsty […]
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With Energy Prices High, Saudi Aramco Again Becomes World’s Most Valuable Company
- May 12,2022
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- SUSTG Team
Elevated energy prices as a result of growing demand and supply shortages in the post-pandemic global economy boosted the value of Saudi Aramco to become the world’s most valuable company, according to reports.
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Kingdom Aims for 70 Million Tourist Visits This Year; Visits Soar in 1Q 2022
- May 10,2022
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- SUSTG Team
Visits to Saudi Arabia soared in the first quarter of this year as the Kingdom eyes ambitious growth in the previously nascent sector, targeting over 70 million tourist visits this year, Saudi Tourism Authority CEO Fahd Hamidaddin told Reuters in an interview.
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Eid Mubarak the SUSTG Team
- May 2,2022
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- SUSTG Team
The Saudi-US Trade Group (SUSTG) wishes all followers of Islam a blessed and joyous Eid-al-Fitr!
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Energy, hydrogen, and more with Phillip Cornell from The Economist Impact and the Atlantic Council and much more…
- April 8,2022
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- SUSTG Team
In Episode 34, The hosts welcome Phillip Cornell, senior fellow, Global Energy Center at the Atlantic Council, and Principal for Energy and Sustainability at the Economist Impact, and brings over 15 years of international experience in private and public sectors (World Bank, IEA, Aramco, NATO, Dow Jones) onto The 966 to talk about the global […]
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Ramadan 2022 Set to Begin with Crescent Moon Sighting in Saudi Arabia April 1-2
- March 31,2022
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- SUSTG Team
Ramadan 2022 is set to begin in Saudi Arabia upon the sighting of the crescent moon as soon as April 1, with authorities urging Saudis to keep a look out for the moon starting Friday night.
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The major transformation and overhaul of Saudi Arabia’s military with defense expert Bilal Saab and much more – The 966 Episode 32
- March 25,2022
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- SUSTG Team
Episode 32 of The 966 – the hosts welcome defense and security expert Bilal Saab to discuss the little-known but historically significant transformations underway in Saudi Arabia’s military and security institutions. The hosts also talk about the personal status law that will make a major real-life change for women and families in the Kingdom, a […]
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Saudi Arabia Invites China’s President Xi to Visit Kingdom
- March 15,2022
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- SUSTG Team
Saudi Arabia has invited Chinese President Xi Jinping to visit Riyadh as the Kingdom, people familiar with the plan told the Wall Street Journal. The visit could be President Xi’s first international trip since the beginning of the Covid-19 pandemic began.
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Secretary of State Blinken, Saudi FM Prince Faisal bin Farhan on Russia Invasion of Ukraine
- March 3,2022
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- SUSTG Team
Secretary of State Antony J. Blinken spoke on Wednesday with his counterpart in Saudi Arabia, Foreign Minister Prince Faisal bin Farhan Al Saud, about the Russian invasion of Ukraine, the State department said in a brief statement.
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MUST-READS
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Ride Sharing AppsSaudi Aramco more concerned about ride sharing apps than electric cars
Ride-sharing is of greater immediate concern than either electric or self-driving cars, said Yasser Mufti, vice president of corporate planning. "I would argue that ride sharing is a far more advanced trend than the other two," he told the Financial Times, since ride-sharing technology could lead to a reduction in private car ownership.
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Saudi AramcoSaudi Aramco plans for a life after oil
The $20bn project, completed in September, is the largest chemicals facility constructed in a single phase anywhere in the world. It stands as a powerful statement of intent by Saudi Aramco, the state oil company, to adapt to a changing energy environment and as a symbol of what a reformed Saudi economy could look like.
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Saudi Aramco IPOLondon Firms To Visit Saudi Arabia As Battle For Aramco Listing Continues
Heavyweight firms London will be accompanying the City of London’s lord mayor on his trip to Saudi Arabia this coming weekend, as Saudi officials have yet to announce which would be the international stock exchange for the planned listing of 5 percent of oil giant Saudi Aramco.
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Saudi Aramco IPOCity of London executives lobby to win Saudi Aramco IPO
The City of London is sending some of its most senior executives on a trip to Saudi Arabia this week as it intensifies efforts to attract the lucrative Saudi Aramco IPO to the London Stock Exchange.
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PetrochemicalsAramco-SABIC partnership will give Saudi economy ‘more flexibility’
Integration between Saudi Aramco and Saudi Basic Industries (SABIC) in refining and the petrochemicals will create more flexibility in the kingdom’s economy, according to a new analysis from BMI Research.
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Aramco-SABICSaudi Aramco, SABIC plan to build $20 bln oil-to-chemicals complex
The Saudi project would process about 400,000 barrels per day (bpd) of Arabian light crude oil to make about 9 million tonnes of chemicals and base oils a year, plus 200,000 bpd of diesel for domestic use.
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InvestmentSaudi Arabia’s stock market could attract inflows worth $145 billion thanks to indexes and the Aramco IPO
For a demonstration of their growing clout, look to Saudi Arabia, where the equity market is in line to receive about $145 billion of investment flows over the next three years—in part thanks to indexes—according to State Street Global Advisors.
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Saudi Aramco IPOSaudi Aramco Gets Some Bad News From Norway
Big news from Saudi Arabia is something one tends to fear these days. Big news from Norway is something one tends not to expect at all.
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Saudi Aramco IPOSaudi oil giant Aramco hasn’t decided whether to heed Trump on stock market listing
Saudi Arabia’s state-owned oil company will go public on a foreign stock market next year, but leaders have yet to decide if they will follow President Trump’s request to offer stock on the New York Stock Exchange.
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Saudi AramcoSaudi Aramco inks eight agreements worth nearly $4.5bn
Saudi Aramco has announced that it has signed eight agreements, with a total value of nearly $4.5bn, with several oil and gas service contractors.
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