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Recent stories from sustg
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Saudi Arabia’s Ports Cargo Volume Jumps in June
Saudi Arabia’s ports witnessed a 16.1 percent increase in cargo throughput volumes in June 2022 compared to the same period a year before, according to a report in Arab News, citing the latest release by the Saudi Ports Authority, also known as Mawani.
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Saudi Crown Prince Mohammed bin Salman Heads to Turkey after Visiting Jordan, Egypt
Saudi Crown Prince Mohammed bin Salman landed in Turkey for the first time in several years on Wednesday for talks with President Erdogan, after visiting neighboring Egypt and Jordan as part of a regional tour, Reuters reports.
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Leaked Image Appears to Show Lucid Motors First Saudi Showroom in Riyadh
U.S.-based Lucid Motors appears poised to open its first showroom in Riyadh, a photo published on an EV-focused news site confirms.
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Saudi Arabia is ‘Experiencing a Housing and Mortgage Boom’ as Vision 2030 Reform Efforts Drive Progress
Saudi Arabia is “experiencing a housing and mortgage boom, reflecting a government drive to boost home ownership as part of efforts to shake up the oil kingdom’s economy and its ultraconservative society,” the Financial Times reports.
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Report: Kingdom to Use Some Oil Windfall on Boosting Private Sector
Saudi Arabia’s minister of economy and planning Faisal Alibrahim said the Kingdom will use this year’s oil windfall to accelerate the economy’s diversification from fossil fuels, Bloomberg reports.
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Saudi Arabia’s tourism sector, carbon capture investments, and a conversation on Saudi-Iraqi history with Joshua Yaphe
In episode 43, the U.S. State Department’s Joshua Yaphe joins The 966 to discuss his book, “Saudi Arabia and Iraq as Friends and Enemies: Borders, Tribes and a Shared History.” Yaphe is a foreign affairs officer with the U.S. Department of State; responsible for research and analysis of political, economic, security and social affairs related […]
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Report: Saudi to Add Over $10b in Mining, Mineral Opportunities
Saudi Arabia is planning to offer several projects to the private sector to tap its massive mineral wealth with a value of more than 40 billion Saudi riyals ($10.6 billion), Zawya reports, citing a local newspaper.
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Saudi Stock Market Continues Hot Streak, is Sixth Strongest Globally in 2022
Saudi Arabia’s benchmark index, the Tadawul All Share Index (TASI), is the sixth best performing globally “and gains may not be over yet,” analysts and fund managers believe, according to Bloomberg.
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Saudi foreign policy, globalization, and the ‘shrapnel’ from Russia’s invasion of Ukraine with Afshin Molavi from Johns Hopkins SAIS
Episode 35 of The 966 includes a terrific conversation with author, thought leader, and emerging markets expert Afshin Molavi, Senior fellow at the Foreign Policy Institute of the Johns Hopkins University School of Advanced International Studies (SAIS), and founder and editor of the Emerging World newsletter (eworld.substack.com). The hosts talk with Afshin about his recent piece, ‘Putin’s […]
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U.S. Navy Announces New Multinational Task Force to Patrol Red Sea off Yemen Coast
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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MUST-READS
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Can Saudi Arabia Cook a Homemade Defense Industry? Not with Oil in the Recipe
Today, only two percent of Saudi Arabia’s military spending goes to domestic suppliers, making the kingdom almost wholly reliant on foreign hardware.
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Israel-Turkey: Where to from Now?
Analysis of the deal has been skeptical; rapprochement does not change the underlying fact that Turkey continues to support Hamas, an organization committed to Israel’s destruction.
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Is Saudi Arabia Heading For A Recession?
It is no surprise that the economy is struggling in some areas. The low oil revenues of the past two years has forced the government to take the axe to its spending programme.
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Double game? Even as it battles ISIS, Turkey gives other extremists shelter
Even as Turkey ramps up its campaign against the Islamic State, it continues to tolerate and even protect other Islamists designated by Western governments as terrorists.
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Will Iran Scare Away Big Oil Once Again?
On Monday, the new head of the National Iranian Oil Company announced that the old buyback contracts that the country used before the sanction era will stage a comeback as an alternative to the new IPC.
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Commentary: What Comes Next After Raqqa and Mosul?
Obama is making U.S. special operators and locals do most of the fighting. When ISIS falls, Iraq and Syria need better leaders to keep this from happening again. So, what’s the plan?
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Saudi Arabia’s oil reserves: how big are they really? – Kemp
The prospect of a partial floatation has triggered renewed interest in Aramco’s reserves since they could be an important part of any valuation.
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Commentary: Is this the beginning of a new era in US-Saudi relations?
Washington is understandably sceptical but pleased and intrigued by the transformation programme. If it succeeds, even partially, Prince Mohammed’s 2016 trip could well be recalled as the beginning of a promising new era in US-Saudi relations.
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Eid Al-Fitr 2016: How many days is it by country?
Eid Al-Fitr is expected on Wednesday July 6, but holidays range from 4 days in Pakistan to 11 days in Saudi Arabia.
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What’s at Stake for the Gulf Arab States in Syria?
Notwithstanding the range of views within the Gulf Cooperation Council, the Gulf Arab states are largely committed to the ouster of the regime of Syrian President Bashar al-Assad and the reduction, if not elimination, of Iranian influence in Syria.
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