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PIF Announces Establishment of a Female-Centered Health and Well-Being Company, the Kayanee Company, with Princess Reema Bint Bandar as its Leader
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the establishment of a female-centered health and well-being company with Princess Reema bint Bandar as its head, the Saudi Press Agency (SPA) reported.
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PIF Announces Establishment of Sawani Company to Enable Growth of Camel Farming Industry
The Public Investment Fund (PIF) of Saudi Arabia announced the establishment of Sawani Company “to enable the growth of the Saudi camel farming industry and actively contribute to its sustainable development,” the fund said in a press release.
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Aston Martin Ties with Lucid for EV Partnership
Aston Martin Lagonda Global Holdings Plc., maker of the Aston Martin brand of cars, is tying up with Lucid Group Inc. on electric vehicle technology, uniting the British carmaker and relative automotive newcomer both backed by Saudi Arabia’s sovereign wealth fund, according to Bloomberg.
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Global HVAC and smart home leader Johnson Controls Arabia CEO Dr. Mohanad Alshaikh joins The 966
The 966 speaks with Dr. Mohanad AlSheikh, CEO of Johnson Controls Arabia, a leading player in Saudi Arabia and the MENA region’s growing HVAC and smart building market. The 966 hosts ask Dr. Mohanad about the growing business opportunities in the HVAC and smart buildings space in the Kingdom and the wider region, the company’s […]
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Captagon in the Middle East, Messi’s history with Saudi Arabia, and a conversation with Norah Ortiz, owner of Riyadh’s first authentic Mexican restaurant
The 966 Episode 85! The 966 hosts speak with Norah Ortiz, founder of the first authentic Mexican restaurant in Riyadh, Don Reuben’s, which is located in the Diplomatic Quarter. Ortiz tells us her story as an American born in San Diego to Mexican parents and her journey to owning and operating the first authentic Mexican […]
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Saudi Rescue Role in Sudan Continues to Draw US Praise as CENTCOM Commander Thanks Saudi Chief of Defense for Supporting the Evacuation of American Citizens
The commander of U.S. Central Command, Gen. Michael “Erik” Kurilla, called the Royal Saudi Chief of General Staff Gen. Fayyadh Al Ruwaili to thank him and the Kingdom of Saudi Arabia for its support in evacuating American citizens from Sudan amidst the conflict there, as Saudi Arabia continues to aid foreign nations in evacuating civilians […]
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Iran and Saudi Arabia Only Days Away from Re-Opening Embassies – Report
Saudi Arabia and Iran will reopen embassies in each other’s capitals “within days,” Reuters reports, citing Iranian Foreign Minister Hossein Amirabdollahian, though he did not give specific dates for each to re-open.
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President Biden thanks Saudi Arabia as Kingdom Plays Key Role in Sudan Evacuations
Saudi Arabia hosted more than 150 people from various nations who were evacuated from war-torn Sudan, including from the United States, according to reports.
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Kingdom Targets New ‘Underground River’ Longer than Nile to Address Water Needs
Saudi Arabia is planning to launch the world’s largest potable water project by digging a “river” four meters deep, 11 meters wide and 12,000 kilometers long, aimed at surpassing the Nile river, according to a local reporter and published in Arabian Business.
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US Senate confirms Michael Ratney as next US ambassador to Saudi Arabia
Despite being nominated by US President Joe Biden in April 2022, Michael Ratney, has just been confirmed by the US Senate as the next US ambassador to Saudi Arabia.
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MUST-READS
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How is jihadi militancy in Yemen evolving?
The main challenges and pressures facing AQAP, some of which are shared by ISY, include increasingly frequent counterterrorism strikes, dwindling public support, weak leadership, poor communications, and decentralization and/or fragmentation.
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Will Djibouti Become Latest Country to Fall Into China’s Debt Trap?
Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year: It has borrowed more money from China than it can pay back.
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Perspective: Talking to Rouhani: Is Trump shooting from the hip or following a script?
The plan meticulously lays out the arguments Mr. Trump employed to justify the withdrawal from the nuclear agreement and steps the United States should take to garner international support for the sanctions regime.
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Can Saudi build the infra needed to accommodate its tourism drive?
Maya Whiteley, partner, MENA real estate, hospitality, and construction sector at EY, gives details of the key issues facing Saudi’s development strategy, and how it plans to build an immersive hospitality experience – essentially from the ground-up.
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Why is Saudi halting oil shipments through the Red Sea?
Analysts say Saudi Arabia is trying to encourage its Western allies to take more seriously the danger posed by the Houthis and step up support for its war in Yemen, where thousands of air strikes and a limited ground operation have produced only modest results while deepening the world’s worst humanitarian crisis.
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Saudi health care sector: Where are the opportunities?
Saudi’s health care system comprises three service providers; the Ministry of Health hospitals, government hospitals and private hospitals.
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What Now for Saudi Arabia’s Planned $2 Trillion Fund?
Saudi Arabia is now looking for Plan B to propel its sovereign wealth fund into the ranks of global giants. The initial plan was to raise at least $100 billion through an initial public offering of a small stake in Saudi Aramco, the state-owned oil company, in the second half of 2018. Though the IPO is not going ahead as originally planned, the nation’s Public Investment Fund still hopes to control more than $2 trillion by 2030.
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Why Are Top Companies Pushing for 100 Percent Renewable Energy?
The YouGov survey also found that 79 percent of executives surveyed found strengthened brand reputation to be one of the most significant business benefits for their company from committing to science-based targets.
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Commentary: Visiting Saudi Arabia? Hope you like coffee
An American friend of mine told me he will be visiting Saudi Arabia and asked me about what to expect. After pausing for a few seconds, I told him, “I hope you like coffee.”
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Which Country Loves to Snap More Than Saudi Arabia? None
Open the Snapchat app and zoom out to enter the world map. The usual culprits, like Times Square, Disney World and the Louvre, are covered in red-and-orange blurs, a heat map showing where people are taking the most Snaps. But head over to the Middle East, and you’ll see a blazing-red hot spot for Snapchat enthusiasts — the capital of Saudi Arabia, Riyadh, a gleaming plateau overlooking the Arabian Desert.
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