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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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Total Saudi Government Revenue in Q1 2022 Up 36%, with Oil Revenue Up 58% – Jadwa Investment
- May 18,2022
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- SUSTG Team
Jadwa Investment’s recently-released report on the Saudi economy highlights the strong economic situation the Kingdom is in through the start of 2022, as higher oil prices and a growing non-oil sector continue to power growth in the Arab world’s largest economy.
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Jon Alterman from the Center for Strategic and International Studies joins The 966 to talk about the Middle East in an evolving global order, U.S.-Saudi relations
- May 6,2022
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- SUSTG Team
In Episode 42, the ever-insightful Dr. Jon Alterman from the Center for Strategic and International Studies (CSIS), one of the leading think tanks in Washington, joins The 966 to talk about a changing global order and the Middle East’s role in it. The hosts ask Jon about his work to-date, including building the fascinating and […]
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Dr. Fatimah Alhamlan from KFSHRC and founder of Rofaida joins The 966, Biden’s pick for Ambassador to Saudi, and more…
- April 29,2022
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- SUSTG Team
In Episode 40, Dr. Fatimah Alhamlan from King Faisal Specialist Hospital and Research Center (KFSHRC) and founder of Rofaida, a Women’s Health Organization, joins The 966 to talk about her life’s journey that took her as a young woman from Medina to becoming an American-educated PHD researcher, Eisenhower fellow, and now as a leader at […]
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Scratching the surface on the issues affecting U.S.-Saudi relations today + much more – The 966 Episode 36
- April 22,2022
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- SUSTG Team
Episode 36! The hosts scratch the surface on some issues affecting U.S.-Saudi relations – both now and in the past – and talk about the status of the U.S.-Saudi relationship today. First, the hosts talk about a recent op-ed by Prince Turki al-Faisal, ‘America should laugh with the Kingdom, not scowl’, amid U.S. media criticism […]
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U.S. Navy Announces New Multinational Task Force to Patrol Red Sea off Yemen Coast
- April 14,2022
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- SUSTG Team
The U.S. Navy on Wednesday said it was establishing a new multinational task force that would target arms and other smuggling in the waters around Yemen, in a show of support for Saudi Arabia and the UAE with American power after persistent Houthi attacks.
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In Speech, Head of Yemen’s New Presidential Council Rashad Al-Alimi Pledges Peace
- April 11,2022
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- SUSTG Team
The head of Yemen’s new presidential council Rashad Al-Alimi said on Friday he would end the war with a commitment to a peace process, in his first speech since power was delegated to the body by the Saudi-backed president this week, according to Reuters.
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Saudi Arabia’s ACWA Power Starts Construction at Green Hydrogen Project at NEOM
- April 7,2022
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- SUSTG Team
Saudi Arabia’s ACWA Power and its partners kicked off the construction work at the world’s largest green hydrogen project in NEOM, according to reports, as the Kingdom moves forward with aspirations to be a global leader in green energy. The project is a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy, and […]
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Venture capitalist Amjad Ahmad joins The 966 to talk about Saudi Arabia’s startup ecosystem
- April 6,2022
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- SUSTG Team
The Kingdom’s nascent startup ecosystem is growing in nearly every metric, but is still in its early stages. How can Saudi Arabia continue to develop it so that it stands on its own? Amjad Ahmad, managing partner of the VC firm Precinct Partners and director and resident senior fellow of empowerME at the Atlantic Council’s […]
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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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MUST-READS
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Orsted Powers Up America’s First Major Offshore Wind Farm
The turbine was installed just two weeks ago with union labor, and it’s the first of 12 that are expected to be completed by early 2024. Each one will have three blades measuring 318 feet from base to tip, or about twice the length of an olympic-sized swimming pool. When completed, the project will have the capacity to meet the electricity needs of some 70,000 homes on Long Island. New York officials estimate the project will eliminate up to 6 million tons of carbon emissions per year, similar to taking 60,000 cars off the road.
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UN chief invokes rarely used power to push for Israel-Hamas cease-fire
U.N. chief António Guterres invoked a rarely exercised clause in the United Nations Charter to push for an Israel-Hamas cease-fire, warning the organization’s Security Council that urgent action is necessary to help Gaza avert a “humanitarian catastrophe.” In a dramatic move, Guterres on Wednesday wrote to members of the Security Council and urged them to collectively call for a full humanitarian cease-fire.
He said that two months of war had “created appalling human suffering, physical destruction and collective trauma across Israel and the Occupied Palestinian Territory.” -
Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy only days after a fractious meeting of the producers' club. Hours after Russian President Vladimir Putin went to Riyadh in a hastily arranged visit to meet Saudi Crown Prince Mohammed bin Salman, the Kremlin released a joint Russian-Saudi statement about the conclusion of their discussions.
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Jon Rahm’s LIV defection would be the ultimate Saudi power play before pivotal PGA Tour talks
It would be something seismic. Rahm would be the first European giant to go. He is the reigning Masters champion and among the four best players in the world. He is the Saudis’ top realistic target, given how vigorously Tiger Woods and Rory McIlroy have denigrated LIV and ruled themselves out of a move.
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Saudi Arabia meets expectations as powerhouses, and a lesser light, march on in AFC Champions League
After all the hype -- and heightened expectations -- surrounding the Saudi Pro League for its mega-spending ways over the past 12 months, its clubs certainly did not disappoint when it came to the big stage. Not yet, at least. With the group stage of the 2023-24 AFC Champions League -- Asia's premier club competition -- done and dusted, Saudi Arabia's three giants in Al Hilal, Al Nassr and Al Ittihad all booked their places in the round of 16 with a game to spare.
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Saudi Arabia’s Acwa Power seeks development partners to invest in Africa projects
Saudi Arabia's Acwa Power is working on a “recipe” to finance sustainable infrastructure projects in Africa, given the continent's opportunities and risks, its chief executive has said. The Riyadh-based company is looking for the best development institutions to work with local governments on the continent and foster dialogue with private investors while ensuring that "proper” guarantees are in place for the investments, Marco Arcelli told The National. “Africa, to me, is very interesting as a case because the most successful developer built 1.5 to 2 gigawatts in 15 years. So, the whole continent is quite fragmented and slow in development,” he said ahead of the Cop28 climate conference in Dubai.
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How the U.S. Market Went Sideways for a Wind-Power Giant
Denmark’s national oil-and-gas company, now known as Ørsted, bet big on renewables a decade ago. It renounced fossil fuels, renamed itself after a 19th-century physicist and embarked on a debt-fueled expansion, becoming the biggest offshore-wind developer outside China. Surfing investor enthusiasm for all things green, Ørsted surpassed BP in market value early in the pandemic.
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Power shift: how GCC-member air forces are getting stronger
Cirium fleets data shows that the six GCC nations now have a total of 2,072 active military aircraft between them: an increase of 121 since our last review prior to the 2021 Dubai show. Saudi Arabia’s 916-strong inventory accounts for a 44% share of the total, followed by the UAE (557/27%) and Qatar (226/11%). The other three nations each account for 6% of the overall figure, with their individual fleets being: Bahrain (122); Kuwait (122); and Oman (129). The largest fleet increase has been in Qatar, which boosted its inventory by 65 aircraft over the two-year period, followed by net increases in Kuwait (20), Saudi Arabia (19), Bahrain (12), the UAE (4), and Oman (1). Cirium indicates that five of the nations have a combined 374 military aircraft on order currently, while Oman has none.
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12 Most Powerful Countries in the Middle East Heading into 2024
In this article, we look at the 12 most powerful countries in the Middle East as we head into 2024. You can skip our detailed analysis on the race for power in this critical oil-rich region and head over directly to the 5 Most Powerful Countries in the Middle East Heading into 2024.
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Solar-Powered Housing Initiatives Launched In Yemen By Saudi Organizations
Implemented by the Saudi Development and Reconstruction Program for Yemen (SDRPY), the Arab Gulf Programme for Development (AGFUND), and the Sela Foundation for Development, the project has inaugurated 133 housing lighting systems and 20 operational public utilities powered by solar energy in the governorates of Hadhramaut, Taiz, as well as Hodeidah.
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