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New Podcast Explores History Behind Greg Norman’s Saudi-Backed Quest to Shake-Up Golf
A new podcast from Golf Digest focuses on the history behind Greg Norman’s quest to shake up the sport of golf, backed by the Saudi Arabia Public Investment Fund’s LIV Golf Investments.
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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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Olympic victory of naturalized athlete sparks ‘sportswashing’ debate in Bahrain
Winfred Yavi, a Bahraini runner of Kenyan origin, has bagged the first gold medal for the island nation at the Paris Olympics. The win has sparked mixed reactions among Bahrainis and the wider Arab world. Some view it as highlighting alleged sportswashing by Manama—a term for when sports are used to improve reputations tarnished by issues such as rights abuses. Others point to a claimed trend of naturalization of foreigners in the Gulf Arab monarchy. The latter is a particularly contentious matter in Bahrain, which has long been criticized for stripping indigenous Bahrainis—particularly dissidents—of their nationality.
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Populous releases visuals of Aramco Stadium planned for Saudi World Cup
Global architecture studio Populous has unveiled its plans for Aramco Stadium, a 47,000-seat sports venue in Al Khobar, Saudi Arabia, designed to be "iconic in the football world". Set to host the upcoming 2027 AFC Asian Cup, the building will be defined by a spiralling form intended to evoke waves, in a nod to its position on the coast of the Arabian Gulf. Populous is also developing it to meet the requirements to be a 2034 FIFA World Cup venue.
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Saudi Leadership Congratulates India on Independence Day
India will mark its 75th year of independence on Monday. The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince and Prime Minister, Prince Mohammed bin Salman bin Abdulaziz Al Saud, sent separate cables congratulating Indian President Droupadi Murmu on the anniversary of her country's Independence Day.
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Ahead of the National Day, Saudi Arabia Celebrates Iconic Cultural Years
With a bold vision to showcase Saudi Arabia’s majestic heritage, the Kingdom has designated the past four years as prestigious celebrations to crystalize the cultural symbols of the Saudi civilization. Since 2020, Saudi Arabia has embarked on various world initiatives to revolutionize the meanings of traditional symbols and reintroduce these national foundations in a captivating way.
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‘Constructive’ Gaza ceasefire talks to continue Friday
While there is little expectation that a final deal will be struck this week, the resumed talks may also serve as a release valve for soaring tensions between Iran and Israel following Israel’s suspected assassination of a Hamas leader in Tehran last month, which Iran has vowed to avenge.
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Saudi Space Agency Launches ‘Abaad’ Astrophotography Competition
According to the release, the competition aims to encourage interest in astrophotography and increase scientific awareness of astronomy and space sciences, building a creative and productive community. Saudi Astronaut Ali AlQarni, supervisor of Abaad, emphasized the competition's role in advancing space education and inspiring a new generation of astronomers. "The Abaad competition also aligns perfectly with SSA's mission to enrich Arabic content in space sciences and foster a community passionate about exploring the cosmos," said AlQarni.
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KAUST announces building of the first regional class research vessel in Saudi Arabia
KAUST has announced that Freire Shipyards, which has over 100 years of shipbuilding experience, will build its new research vessel, RV Thuwal II, at its yard in Vigo, Spain. Upon the expected completion in 2026, RV Thuwal II will be the first regional class research vessel for Saudi Arabia and enable complete access to the Red Sea, including coastal waters and the deep sea.
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Predicting the Next US Administration’s Approach to the Region
The two leading presidential candidates in America’s 2024 election have made statements and established track records on the Middle East based on their time in office. This document aims to highlight the most important and reliable positions staked out by former President Donald Trump and current Vice President Kamala Harris.
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The war in Gaza passes a bleak, bloody milestone
On Thursday, the Gaza Health Ministry announced that the enclave’s death toll amid the ongoing Israeli offensive against militant group Hamas had surpassed 40,000 people. That statistic is grim in its own right, though implicit in it, too, is the staggering scale of destruction in Gaza — the quantifiable damage unleashed by Israel’s relentless bombardments of the territory and the unquantifiable toll of misery and suffering experienced by a hungry population, struggling for safety in a Gaza where no area seems safe.
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Mpox virus detected in Pakistan, health authorities say
A new form of the virus has triggered global concern because it seems to spread more easily though routine close contact. A case of the new variant was confirmed on Thursday in Sweden and linked to a growing outbreak in Africa, the first sign of its spread outside the continent.
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