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The Saudi Games 2022, air pollution’s cost, and King Salman’s pivotal role in Saudi history with guest David Rundell
- February 11,2022
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- SUSTG Team
David Rundell, author of Vision or Mirage: Saudi Arabia at the Crossroads joins this week for Episode 26 of The 966. The hosts and David talk about the Saudi Games 2022, the cost of air pollution in the “MENA region,” then discuss the important role of King Salman in the history of Saudi Arabia and […]
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Social entrepreneurship, the latest with Saudi golf, a new national holiday and much more with guest Ghadah Al-Harthi
- February 4,2022
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- SUSTG Team
Episode 25! Joining The 966 this week is a special guest, Dr. Ghadah Al-Harthi from London. Ghadah is Senior Consultant at Barker Langham, Associate Director MA Innovation Management, Central St Martins, and Young Adviser at Chatham House. This week, the hosts talk about the start of the Saudi international golf tournament, the announcement of a […]
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Saudi Arabia’s Non-Oil Exports Reach New Record in November; Stock Market Hits 15-Year Highs in January — Latest Jadwa Investment Chartbook
- February 2,2022
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- SUSTG Team
Saudi Arabia’s Jadwa Investment’s recent chartbook on the Saudi economy saw a mixed picture in the face of the threat of the Omicron variant, but confirmed good news about the all-important non-oil exports sector of the economy.
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Saudi Arabia Experiences Spike in Coronavirus Cases as Omicron Spreads Globally
- December 27,2021
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- SUSTG Team
Saudi Arabia is currently witnessing “a remarkable increase in the registration of coronavirus cases and this rise is linked to the wave of mutated Omicron variant,” according to local health officials.
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Saudi Arabia Accelerates Efforts to Boost Local Startup Growth
- December 23,2021
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- SUSTG Team
Saudi Arabia will accelerate efforts to boost local startup growth and develop Saudi Arabia’s entrepreneurship ecosystem with significant investments by the Public Investment Fund (PIF) into local startups in 2022, according to reports.
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Two Saudi Women to Compete in Dakar Rally 2022, a First for Kingdom
- December 15,2021
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- SUSTG Team
Two Saudi women, Mashael Al-Obaidan and Dania Akeel, will be the first female drivers from Saudi Arabia to compete in the Dakar Rally next month, Reuters reports.
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Senate Approves Biden Administration’s Weapons Sale to Saudi Arabia in Bipartisan Vote
- December 8,2021
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- SUSTG Team
The Senate on Tuesday gave a bipartisan vote of confidence to the Biden administration’s proposed weapons sale to Saudi Arabia, Politico reports, overcoming criticisms from some Senators on both sides. The Senate handily defeated an effort to block a $650 million sale of air-to-air missiles and related equipment to Saudi Arabia with a 67-30 vote.
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The 966 E. 14 – Saudi Stock Market to IPO, Shale Gas in KSA, and Discussing the Economy in 2022 with Guest Co-Host Fahad AlMalki
- December 3,2021
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- SUSTG Team
The 966 team welcomes its first co-host for the podcast’s weekly show, Fahad AlDehais AlMalki, a lawyer and capital markets expert in Riyadh. The hosts ask Fahad about starting up his own law firm in the Kingdom, and talk about big golf news in Saudi this week, a packed season of events in Riyadh, the […]
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Saudia Airlines Seeks 250-Strong Fleet by 2030 with Significant Aircraft Order – Report
- November 16,2021
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- SUSTG Team
Saudi Arabian Airlines, known as Saudia, is contemplating an aircraft order from Airbus SE or Boeing Co. “that could total well above 100 jets as part of a push to lure more tourists,” Bloomberg reports.
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Saudis Celebrate 7th Anniversary of King Salman’s Ascension to the Throne
- November 9,2021
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- SUSTG Team
Saudis celebrated yesterday the seventh anniversary of King Salman bin Abdulaziz’s ascension to the throne with social media posts and congratulatory messages, highlighting the King’s widespread popularity among Saudis.
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Saudi Arabia to play in 2025 and 2027 CONCACAF Gold Cups
Saudi Arabia was announced Thursday as an invited guest for the CONCACAF Gold Cup in 2025 and 2027, eight days after it was selected to host the 2034 World Cup. The 16-nation Gold Cup, soccer's championship of North and Central America and the Caribbean, will be played next year at 14 sites in 11 areas in the U.S. and Canada from June 14 to July 6. Previous guests included Brazil (1996, 1998, 2003), Colombia (2000, 2003, 2005), Ecuador (2002), Peru (2000), Qatar (2021, 2023), South Africa (2005) and South Korea (2000, 2002).
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Saudi’s Seven unveils $350m entertainment destination in Jazan
Saudi Entertainment Ventures (Seven) has unveiled its new $350 million entertainment destination in the Jazan region. Seven, part of Qiddiya Investment Company (QIC), has awarded the development contract to Alfanar Projects. The venue will be designed by Gensler, a global architecture and planning firm. Located close to North Corniche Park along Jazan’s waterfront, the attraction will offer 73,000 square metres of entertainment and leisure facilities. Highlights in the new Jazan destination include an indoor golf course, a state-of-the-art cinema complex with multiple theatres, a Hot Wheels-themed electric karting rack, and an entertainment district housing world-class thrill rides.
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From Riyadh to the world: How Turki Al-Sheikh is transforming Saudi Arabia into a global entertainment hub
Al-Sheikh has revitalised boxing in ways once thought impossible. He bankrolled high-profile fights and broke through negotiation stalemates between the various boxing promoters who control the sport by offering unprecedented sums of money thanks to the deep pockets of the Saudi state. He was even able to secure a heavyweight showdown between Tyson Fury and Oleksandr Usyk – the first undisputed heavyweight title bout of this century. Riyadh has now been the site of several major boxing events that have reshaped the sport. The British newspaper 'The Telegraph' crowned al-Sheikh as "the most influential man in boxing," and fans and media have affectionately dubbed him "His Excellency."
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Newly appointed Saudi consuls general take oath before foreign minister
The newly appointed Saudi consuls general who took the oath of office are the following: Mohammed Al-Otaibi (Mashhad, Iran); Mazen Al-Hamli (Hong Kong); Mohammed Al-Subaie (Karachi, Pakistan); and Majed Al-Zuwaimel (Frankfurt, Germany). They will assume office as heads of the Saudi consulates general in the respective countries. They took the oath by saying: “I swear by God Almighty to be loyal to my religion, then my King, and my country, not to divulge any of the State’s secrets, to preserve its interests and regulations at home and abroad, and to perform my duties with honesty, integrity, and sincerity.”
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Saudi Crown Prince Mohammed bin Salman discusses Syria and Gaza with Iraqi PM
The meeting focused on strengthening bilateral ties between the nations, the Saudi Press Agency reported. Mr Al Sudani stressed the importance of maintaining the unity of Syrian territory, adding that any future governance should include all Syrian people. He said Iraq was willing to work with neighbours to help establish security and stability, the Prime Minister's office announced on Facebook. Gaza was also a point of discussion, with the leaders highlighting the importance of efforts to reach a ceasefire and the need to strengthen relief work, the Iraqi statement said. It said they talked about “the need to uphold and sustain the ceasefire in Lebanon, and working to ensure adherence to the agreed terms”.
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Saudi Arabia airports introduces the world’s largest passenger flow technology rollout
Saudi Arabia’s General Authority of Civil Aviation (GACA) and airport operator MATARAT are rolling out an advanced LiDAR and passenger flow management solution across the country’s 27 airports, the world’s largest implementation of its kind, as part of the Kingdom’s vision to lead the region in airport technology and innovation. SAMI Advanced Electronics, a leading Saudi ICT provider, has partnered with DTP to deliver the solution, which uses Veovo’s Queue and Flow Management system alongside DTP’s tNexus smart mobile platform. This collaboration provides insights into passenger movement, dwell times, and queuing patterns within terminals. With millions of travellers passing through Saudi airports each year, this system will help GACA and MATARAT proactively address bottlenecks in critical areas such as check-in, immigration, security, and transfer zones, thus reducing delays and enhancing the passenger experience
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Commentary: With new presidents and a changed Middle East, what are the chances of a US-Iran reset?
US president-elect Donald Trump is inheriting a golden opportunity from President Joe Biden to finally prove to be the great international "dealmaker” of his ambitions. Mr Trump will enter office facing a profoundly weakened Iran that was already suing for talks with Washington a year ago and is now perfectly positioned to have to accept a deal that is highly advantageous for the Americans. The stars are so perfectly aligned that it would take considerable clumsiness for anyone to fail. Now, however, Mr Trump will find Iran profoundly diminished and probably desperate to make a deal. He is unlikely to give any credit to Mr Biden, but it is during the past 14 months that Tehran's national security strategy has fallen to pieces in the aftermath of the October 7, 2023 Hamas attack on southern Israel. This has been partly because of Israel's actions in Gaza and Lebanon, extreme miscalculations by Hezbollah and Iran itself and, worst of all, the indirect consequence of the downfall of the Assad government in Syria.
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Blinken hopes Trump picks up work on Saudi-Israel deal
US Secretary of State Antony Blinken on Thursday voiced hope that President-elect Donald Trump will pick up his work to normalize ties between Saudi Arabia and Israel, acknowledging a historic deal will not happen under Joe Biden's administration. Blinken until recently was still voicing hope at reaching an agreement, which he had dangled as an incentive for Israeli Prime Minister Benjamin Netanyahu to show moderation in the Gaza war. "The work that we've done on putting in place the elements of that deal, including what we and Saudi Arabia would do together, what they would do with Israel, all of that is now there," Blinken said in an interview with MSNBC. "My hope is we'll move as far as we can, but it won't be complete," he said. "But we'll be able to hand it over, and then the next administration can decide how it wants to proceed."
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Final Real Estate Transaction Tax Law Published in Saudi Arabia
On 11 October 2024, the Real Estate Transaction Tax (RETT) Law in Saudi Arabia (RETT Law) was published in the official gazette. The RETT Law will take effect in 180 days from the publication date. New implementing regulations are also expected to be issued within this timeframe to replace the existing implementing regulations. RETT was introduced in Saudi Arabia in October 2020, through implementing regulations and applies on the sale or transfer of real estate property in the Kingdom of Saudi Arabia (KSA) at the rate of 5%. Notwithstanding applicable exemptions, all real estate property transfers, including indirect transfers, should fall within the scope of RETT, regardless of the form or use of the real estate property.
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Governing the day after in Syria
On Dec. 8, 2024, Bashar al-Assad’s regime fell. This is a fact, but it woefully understates the enormity, speed, and consequences of what has transpired. The brutal dictatorship that ruled Syria for more than 50 years disintegrated in fewer than 10 days. Celebrations erupted across public squares, thousands of Syrian refugees lined up at the borders of Turkey, Jordan, and Lebanon eager to return, and the release of political prisoners fueled hope for a new era after decades of despotism and conflict. However, concerns about Syria’s political future and territorial integrity quickly surfaced. These fears are entirely legitimate: Assad has left a country in ruins, with shattered infrastructure, a bankrupt economy, a fragmented territory, a corrupt political system, and compromised sovereignty, while the exact nature of the alternative now taking shape is still ambiguous.
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