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Recent stories from sustg
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Al Attiyah Keeps Sizable Lead in Dakar Rally; Saudi Officials Find ‘No Criminal Suspicions’ in Last Week’s Blast
Qatar’s Nasser Al-Attiyah kept a sizable lead going in the Dakar Rally as it enters its second week, as Sebastien Loeb moved back into second place with a stage victory at the start of week two in Saudi Arabia on Sunday, according to Reuters.
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Saudi Arabia’s Pension Fund Says it Hit Returns of 14% as it Reveals Finances for First Time – Report
The investment arm of Saudi Arabia’s General Organization for Social Insurance, the Kingdom’s pension fund, said it delivered returns of over 14% last year, as markets globally experienced strong growth, according to a report in Bloomberg.
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The 966 Episode 19: Saudi Arabia’s ‘Nitaqat’ Reforms and Doing Business in Riyadh with Guest Chris Johnson
Episode 19 of The 966 weekly podcast with special guest Chris Johnson, managing attorney, Johnson & Pump and Chairman, MECACC & KKR Saudi Arabia. Chris is a resident of Riyadh and, along with his legal work, publishes a terrific weekly newsletter. The hosts and Chris discuss a handful of topics including Nitaqat in Saudi Arabia, […]
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Saudi Arabia’s PIF to Purchase Italy’s Financially-Distressed Inter Milan FC – Report
Saudi Arabia’s Public Investment Fund (PIF) is in the final stages of acquiring a majority stake in one of Italy’s top football clubs, Inter Milan, according to reports.
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Saudi Energy Minister Warns of ‘Dangerous’ Energy Crises with Reduced Investment in Production
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman al-Saud said on Monday that oil markets could face a dangerous period marked by undersupply and volatility if the world reduces investments in exploration and drilling, according to reports.
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Saudi Government Reacts to Potential Omicron Variant Threat, Blocks Travel from 18 Countries
Saudi Arabia, whose proactive and comprehensive response to the Coronavirus pandemic that started in 2020 placed the Kingdom in an enviable position globally as new daily cases remain under 100 since September, is taking initial precautionary measures to the new potential threat of the Omicron variant, according to reports.
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Saudi Approach to Pandemic a ‘Model to the World’; Challenges and Opportunities in Kingdom’s Healthcare Sector
Saudi Arabia has all but defeated the Coronavirus pandemic within its borders. New cases in Saudi Arabia have remained below the 100 mark since mid-September, making the Kingdom the envy of most other countries who are struggling to keep the virus under control. A new report from Jadwa Investment highlights how Saudi Arabia’s approach to dealing […]
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The 966 E12: The Price of Oil in 2022, Redefining Saudi Citizenship, and Two New Mega-Developments in Saudi Arabia
In Episode 12 of The 966, the hosts tackle a recent oil price prediction from the IEA, a new Saudi Royal Decree that grants citizenship to “exceptional” people, and discuss the two newly announced mega-developments in Saudi Arabia and how they stack in comparison to the other mega- and giga-projects in the Kingdom.
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Saudi Arabia Turns on the Taps: Crude Exports Rise for 5th Straight Month
Saudi Arabia continues to ratchet up crude oil exports to meet demand as prices rise, with exports rising in September for a fifth month in a row to their highest since January, Reuters reports, citing the Joint Organization Data Initiative (JODI).
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State Department Releases U.S.-GCC Iran Working Group Statement; Calls for Iran to ‘Seize the Diplomatic Moment’
Diplomats from the U.S., Saudi Arabia and other GCC nations convened in Riyadh this week to discuss a coordinated effort to counter Iran’s “range of aggressive and dangerous policies,” the State Department confirmed in a statement.
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MUST-READS
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Can Saudi Arabia Win Silicon Valley Support For Its $120bn Reform Plan?
The most important element of many of these deals – whether they are with the defence industry or technology firms – is the potential for technology transfer and an injection of entrepreneurial zeal.
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How High Will Terrorism Concerns Rise, How Long Will They Last?
Terrorism rose to the top of the list of Americans' concerns about their nation last December after deadly attacks in Paris and San Bernardino, and it could happen again in the wake of Sunday's horrific massacre in Orlando. But if the same pattern occurs this time, terrorism would likely not remain the most important problem for long.
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Commentary: How Did the FBI Miss Omar Mateen?
Law enforcement did all it could, but post-9/11 restrictions on “probable cause” limit the FBI’s ability to investigate would-be terrorists.
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Saudi Markets: Are Stocks Poised for a Rally?
Saudi Arabian stocks may be due a rally as more than 40% of the Tadawul All Shares Index's 172 members have buy signals.
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Commentary: Is Islam “exceptional”?
Since the Ottoman Caliphate’s dissolution, the struggle to establish a legitimate political order has raged on in the Middle East, with varying levels of intensity. At its center is the problem of religion and its role in politics.
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Is the Middle East the World’s Next Solar Energy Giant?
Dubai, the most populous city in the United Arab Emirates, has announced plans for what will be the world’s largest solar plant. By 2020, it is expected to meet a quarter of the city’s national energy needs, and outpace the U.S. in terms of renewable energy generation.
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Why Is Israel’s Benjamin Netanyahu Warming to Russia’s Vladimir Putin?
Putin and Netanyahu have quite a few reasons to get along and it is not out of the question that the two leaders will find plenty more occasions to touch base in future.
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Why is Saudi Arabia saying it wouldn’t flood the market with oil?
University of California, Davis' executive director of energy and sustainability, Amy Jaffe, gives her take on the oil market after the latest OPEC meeting.
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Could a millionaire businessman save Iraq’s Sunnis?
"We are heading towards a borderless, bloody Sunnistan if there is no immediate action by the Iraqi government to address Sunni rights," he told Reuters later. "Once we cross the threshold, no wise men – myself or any other – can close Pandora's box."
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The Iran nuclear deal: Prelude to proliferation in the Middle East?
he global nuclear nonproliferation regime has been remarkably resilient, with no new entrants to the nuclear club in the last 25 years. But observers believe that could change and that we may be heading toward a “cascade of proliferation,” especially in the Middle East.
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