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Dr. Sean Foley joins The 966 to talk about a changing Saudi culture, art in the Kingdom and more, and looking ahead to Biden’s visit
In Episode 52, Dr. Sean Foley, professor at MTSU and author of the book Changing Saudi Arabia: Art, Culture, and Society in the Kingdom, joins The 966. Dr. Foley specializes in Middle East history and the cultural, political, and religious trends in the wider Islamic World.
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Report: Announcement on Steps Toward Normalization of Saudi-Israel Relations Expected during President Biden’s Visit to Saudi Arabia
Steps toward normalizing relations between Saudi Arabia and Israel are expected to be announced over the weekend after President Biden meets in Jeddah with Saudi King Salman and Crown Prince Mohammed bin Salman, according to a report in Axios, citing three Israeli officials.
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Report: U.S. Justice Department Investigating PGA Tour in Fight With Saudi-Backed LIV Golf
The Department of Justice is investigating whether the PGA Tour engaged in anticompetitive behavior as it battles the upstart, Saudi-backed LIV Golf circuit, the PGA Tour confirmed to The Wall Street Journal.
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Raghad Fathaddin joins The 966; Oil’s price and Saudi spare production capacity, the new ‘Motawif’ app, and more…
In episode 50, The 966 talks with Raghad Fathaddin, communications analyst for PepsiCo based in Riyadh, an entrepreneur and founder of Sangha “Estidama Hub”, a Y20 delegate and also a WIn fellow. Before that conversation, the hosts discuss a new app from Saudi Arabia that is changing the way people register for the Hajj pilgrimage, […]
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IMF Sees 7.6% GDP Growth for Saudi Arabia in 2022; Highlights Solid Indicators
The International Monetary Fund (IMF) has highlighted solid indicators for the Saudi economy, expecting a 7.6 percent overall GDP growth in 2022, according to a report. Non-oil growth will increase to 4.2 percent in 2022, with the current account surplus increasing to 17.4 percent of GDP in 2022.
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Arabian Business’ Announces ‘Most Influential Arabs 2022’
Regional publication Arabian Business has revamped its “Arab Power List” and is introducing the Most Influential Arabs 2022 to “celebrate and recognize the public sector figures, CEOs, founders and presidents, educationalists and financiers, healthcare leaders and entrepreneurs who are making a difference in the world.”
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Secretary of State Blinken, Saudi FM Faisal bin Farhan Speak by Phone amid Diplomatic Uptick
U.S. Secretary of State Antony Blinken and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud spoke by phone this week to discuss Saudi Arabia’s efforts to prolong a fragile, Saudi-brokered truce in Yemen, the U.S. Embassy in Saudi Arabia said on Tuesday.
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Spotlight on Saudi at Davos, island diplomacy, and legal reforms with Saudi-based attorney Chris Johnson
In Episode 45 this week, The 966 hosts welcome back Saudi-based attorney Chris Johnson to discuss Saudi Arabia’s new personal data privacy law, investment law, and other ongoing legal and regulatory reforms taking place in the Kingdom. Before that conversation, the hosts discuss Saudi Arabia’s strong presence at the World Economic Forum in Davos, an […]
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Kingdom Re-Launches Airports Privatization Strategy, Eyes 2023 Opening for Major Red Sea Tourism Project
Saudi Arabia is relaunching its strategy to privatize its airports in order to secure investment as it seeks to triple annual visitor numbers by 2030.
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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
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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MUST-READS
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Saudi Arabia’s big three banks continue their rankings ascent
Saudi National Bank, Al Rajhi Bank and Riyad Bank maintain their first, second and third positions, respectively, in the national ranking based on Tier 1 capital. However, due to healthy core capital growth, all three institutions gain one place in the Top 1000 World Banks ranking, climbing to 63rd, 77th, and 126th, respectively.
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H1 2024 Saudi Arabia Venture Capital Report
In H1 2024, Saudi Arabia reaffirmed its position as the leader in Venture Capital funding across the Middle East and North Africa. Despite a slight 7% year-on-year decline, Saudi Arabia’s VC ecosystem aggregated an impressive $412M in funding. Notably, 32% of this funding came from a significant $130M deal in Salla, marking the only MEGA round in the MENA region for 2024 so far.
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H1 2024 Emerging Venture Markets Venture Investment Summary
Did you know that Southeast Asia captured 64% of total EVM funding in H1 2024 with a staggering $2.2Bn, while Africa faced a steep 57% decline? Our Free H1 2024 Emerging Venture Markets Venture Investment Report provides an overview analysis of the venture capital landscape across South East Asia (SEA), Africa, and the Middle East, Pakistan, and Turkiye (MEPT). This free report offers a summary of the latest trends, pivotal insights, and valuable comparisons across these dynamic markets.
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Gaza airstrike hit as displaced gathered for soccer match, witnesses say
An Israeli missile slammed into a tent encampment in southern Gaza on Tuesday just as displaced people had gathered to watch a football match at a school, eyewitnesses said on Wednesday. At least 29 people, mostly women and children, were killed in the strike, according to Palestinian officials, which took place as spectators crowded the school grounds in Abassan east of Khan Younis and hawkers sold smoothies and biscuits.
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The Saudi-Sino Military Partnership: Ambitious or Overhyped?
The Saudi-Chinese military collaboration, limited to the purchase of missiles and drones that the U.S. declined to approve, remains constrained as long as the United States maintains its dominant position in the Gulf and serves as its security guarantor.
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Delta Air, Riyadh Air unveil strategic partnership
Riyadh Air has partnered with U.S. carrier Delta Air Lines (DAL.N), opens new tab as the Saudi startup carrier grows its potential network ahead of launching commercial operations next year, the airlines said on Tuesday. Riyadh Air, owned by Saudi sovereign wealth fund PIF, will be a second national airline, based in the capital Riyadh, alongside existing flag carrier Saudia, based in Jeddah. Under the agreement, Atlanta-based Delta will serve as Riyadh Air's exclusive partner in North America, offering its customers access to hundreds of U.S. destinations.
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How Swizz Beatz Climbed to the Top of Saudi Arabia’s Camel Racing Scene
Though the camels sprinting past were the main event, Mr. Dean, better known as Swizz Beatz, felt as if all eyes in the room were on him — one of the newest competitors in Saudi Arabia’s deep-pocketed camel racing scene. Four years since he entered and won his first race, he has spent millions of dollars to buy 48 racing camels, ascending into the most elite circles of the sport.
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Saudi pole vaulter Hussain al-Hizam sets sights on on new heights at Olympics
Hussain al-Hizam clearly remembers the moment he realized that he wanted to be an Olympian. The young Saudi was watching the 2016 Games in Rio de Janeiro on television as Brazilian Thiago Braz sailed over a 6.03-meter bar to claim the pole vault gold and set a new Olympic record in front of a jubilant home crowd.
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A Coffee City is brewing in Saudi Arabia’s Al Baha
Located in the Kingdom’s Al Baha, Coffee City will cover an area of over 5.5 million square kilometres. Featuring over 300,000 coffee trees, Coffee City will align with Saudi Arabia’s Vision 2023 which aims to boost coffee growth in the Kingdom, and hence cater to economic growth. If you love coffee, a trip to Al Baha when this Coffee City is completed should definitely be on the cards.
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Federation of Saudi Chambers Revives Saudi-Canadian Business Council
The Federation of Saudi Chambers has announced the revival of the Saudi-Canadian Business Council with its final formation for the term 1445–1449 AH. Mohammed bin Nasser Al-Duleim has been named chairman of the council, with Abdullah bin Salem Al-Yami and Abdullah bin Ahmed Al-Ahmed serving as deputy chairmen.
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