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The 966, Episode #134 – Saudi Arabia’s Booming Construction Sector with Laura Morgan, Market Intelligence Lead, MEA, JLL
- August 2,2024
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- SUSTG Team
Laura Morgan, Market Intelligence Lead, MEA, JLL joins The 966. Episode #134 to discuss Saudi Arabia’s Booming Construction Sector.
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FIFA World Cup 2034 to feature 11 new stadiums (out of 15)
- August 1,2024
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- SUSTG Team
The Fédération Internationale de Football Association (FIFA) has unveiled details of Saudi Arabia’s bid to host the largest-ever edition of the FIFA World Cup held in a single country. The official bid, under the slogan “Growing. Together”, outlines Saudi Arabia’s extensive plans and infrastructure projects.
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Saudi AI startup Intelmatix closes $20m funding round
- July 31,2024
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- SUSTG Team
Founded in 2021 by a group of MIT graduates led by Anas Alfaris, Almaha Almalki and Ahmad Alabdulkareem, Intelmatix provides both public and private sectors with accessible AI and advanced analytics that delivers technologies to improve operations, productivity, growth, and sustainability.
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Saudi Arabia Officially Submits Bid to Host the FIFA World Cup 2034
- July 30,2024
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- SUSTG Team
The Kingdom of Saudi Arabia has submitted its official bid to FIFA to host the FIFA World Cup 2034 at a ceremony hosted by the Fédération Internationale de Football Association (FIFA) in Paris, France. The bid book was submitted by an official delegation led by His Royal Highness Prince Abdulaziz bin Turki bin Faisal Minister […]
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Saudi’s Health Sector Transformation Program
- July 29,2024
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- SUSTG Team
In 2023, the Saudi government spent $50.4 billion on healthcare and social development, accounting for 16.96% of the annual government budget. This expenditure was second only to the education sector.
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Saudi Green Lights Three Solar Projects Totaling 5.5 GW
- June 28,2024
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- SUSTG Team
The Saudi Power Procurement Company signed power purchase agreements for solar projects with a combined capacity of 5.5GW. The projects include the Haden solar PV plant (2GW), the Al-Muwaih Solar PV plant (2GW) in the Mecca Province, and the Al-Khushaybi PV project (1.5GW) in the Qassim Province.
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Aramco Makes Two Major U.S. Gas Plays
- June 27,2024
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- admin
As part of its efforts to expand its presence in international energy markets, Aramco has signed agreements with U.S. energy companies Sempra and NextDecade to tap into the growing U.S. LNG sector.
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Fakeeh Care Group 119 times oversubscribed as Saudi IPO market heats up
- May 14,2024
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- SUSTG Team
Investors put in $91 billion of orders for Fakeeh Care Group’s IPO which is set to be the Tadawul’s biggest listing of the year.
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New Imagery Released of F1 Circuit at Forthcoming Entertainment City Qiddiya
- March 6,2024
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- SUSTG Team
Saudi Arabia has released computer-generated images of its planned new racing circuit in the forthcoming mega entertainment project Qiddiya, which will feature a 20-story-high elevated first corner and a swimming pool overlooking a section of track, according to reports.
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The Growing Size and Role of the Public Investment Fund (PIF) in Saudi Arabia with Robert Mogielnicki, FII 2023, Saudi World Cup and more…
- October 6,2023
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- SUSTG Team
Dr. Robert Mogielnicki, Senior Resident Scholar at The Arab Gulf States Institute in Washington and professorial lecturer at George Washington University joins The 966 to discuss the growing size and role of the Kingdom’s sovereign wealth fund, the Public Investment Fund (PIF). Robert has previously characterized the PIF as, “screaming onto the scene” with an […]
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Bahrain mulls oil, gas transfer following Saudi Aramco IPO success
The government is working on the project and may decide to proceed with it later this year, Oil Minister Mohammed bin Khalifa Al Khalifa said in an interview. It’s still deciding which assets to put into the proposed fund and how to value them, he said.
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Bahrain says 9 new cases of coronavirus registered
Bahrain’s Health Ministry said on Tuesday nine further cases of the new coronavirus had been registered in the Gulf kingdom, bringing the total to 17. The new cases were carried by Bahraini and Saudi nationals who arrived at Bahrain International Airport from Iran via Dubai or Sharjah in the United Arab Emirates before the country’s civil aviation authority suspended flights from those cities.
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Eight coronavirus cases confirmed in Bahrain, including four Saudi Arabian women
Two Bahraini nationals, one male and one female, and four Saudi Arabian female nationals who came from Iran tested positive for the virus upon their arrival in Bahrain International Airport.
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Gulf CupBahrain stun Saudi Arabia 1-0 to lift first title
Bahrain, who were runners-up in 2004, were finally able to breakthrough after finishing second four times.
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Gulf CupSaudi Arabia to face Qatar, Bahrain hoping for Iraq shock in Gulf Cup semifinals
It was heartbreak for the UAE this week as they lost out on a Gulf Cup of Nations semifinal spot after defeat at the hands of hosts Qatar. 2019 Asian Football Confederation Player of the Year Akram Afif scored twice for the Qataris in the 4-2 win over the Emiratis, which saw them seal the second place in Group A and will see them gear up for a huge clash with Saudi Arabia who topped Group B.
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5th FleetLincoln pulls into Bahrain for a port visit
With two days to spare before Thanksgiving, and weeks after most of its surface escorts returned home, Lincoln pulled into Bahrain’s capital, Manama, for a port visit Tuesday, Navy 5th Fleet spokesman Cmdr. Joshua Frey told Navy Times in an email.
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BlockchainSABB and HSBC Complete First Blockchain Trade Transaction in Saudi Arabia and Bahrain
SABB and HSBC have for the first time used blockchain technology in Saudi Arabia and Bahrain to finance international trade. The move puts Saudi Arabia and Bahrain at the forefront of global trade, introducing new levels of efficiency, security and transparency for corporate’s looking to access new markets. The transaction involved the shipment of homogenized aluminium billets from Aluminium Bahrain B.S.C. (“Alba”) to Saudi Arabia’s Altaiseer Aluminium Corporation (“TALCO”). A Letter of Credit (“LC”) was issued by TALCO on a blockchain based platform using R3’s Corda system.
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Qatar DisputeSaudi, UAE, Bahrain To Play Football In Qatar, Signalling Thaw
Saudi Arabia, the United Arab Emirates and Bahrain will participate in this month's Gulf Cup football tournament in Qatar, organisers said Wednesday, signalling a thaw in their bitter two-year feud with Doha.
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KuwaitKuwait conveyed messages from Iran to Saudi Arabia, Bahrain
Kuwait’s deputy foreign minister Khaled al-Jarallah said on Tuesday that Kuwait conveyed messages from Iran to Saudi Arabia and Bahrain regarding the situation in the Gulf region, and “until now no answers have emerged”.
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SecuritySaudi Naval Forces participate in Bahrain’s multinational drill
The Saudi Royal Naval Forces took part in the multinational mixed international naval drill, IMX19, that kicked off on Sunday from the Bahrain-based US Naval Forces Central Command in the area stretching from the Gulf of Aqaba up to the northern Arabian Gulf. Fifty-six countries and seven international organizations are taking part in the exercise that seeks to boost cooperation and strengthen relations between the participating nations.
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