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Recent stories from sustg
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Saudi Stock Exchange Tadawul Plans to Launch Single Stock Futures on July 4
- June 27,2022
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- SUSTG Team
Saudi Arabia’s stock exchange, the Tadawul, said it plans to launch single stock futures on July 4, “which will enable local and international investors to hedge and manage portfolio risks more effectively,” Reuters reports.
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The criticism, drama, and opportunities surrounding President Biden’s confirmed visit to Saudi Arabia, an economic victory lap, and more…
- June 17,2022
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- SUSTG Team
Episode 48 🚀 The 966 hosts talk about a new report from Saudi Arabia’s Investment Ministry that highlights all the gains in the Saudi economy recently, including an impressive start to 2022 GDP with 9.9% growth in Q1. Then the hosts discuss President Biden’s now confirmed visit, and all of the drama surrounding it…then the […]
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List of Top Names Committing to New Saudi-Backed LIV Golf Tour Grows as Johnson, Mickelson, Fowler Leave PGA
- June 7,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF)-backed new golf tour will, after all, attract some of the biggest names in the sport to commit to its new rival league to the established PGA Tour as several top names commit to play in the startup series.
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Biden Administration Negotiating Deal for Islands Transfer that May Lead to Normalized Relations between Saudi Arabia and Israel – Report
- May 24,2022
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- SUSTG Team
The Biden administration has been quietly mediating talks between Saudi Arabia, Israel and Egypt on negotiations “that, if successful, could be a first step on the road to the normalization of relations between Saudi Arabia and Israel,” an exclusive report in Axios said.Â
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Saudi Arabia’s Non-Oil Private Sector Continued to See ‘Robust Growth’ in April
- May 9,2022
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- SUSTG Team
Saudi Arabia’s non-oil private sector continued to see “robust growth” in April, Reuters reports, citing the headline seasonally adjusted S&P Global Saudi Arabia Purchasing Managers’ Index (PMI) which stood at 55.7 for the month.Â
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Dr. Mohammed Alhajji, Director of Behavioral Insights with Saudi Ministry of Health Joins The 966 to talk about his career and journey as a Saudi student in the USA
- May 3,2022
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- SUSTG Team
The 966 welcomes onto the show Dr. Mohammed Alhajji, Director of the Behavioral Insights and Nudge Unit at Ministry of Health Saudi Arabia, and co-founder of SaudiGenome, onto the program to discuss his journey as a Saudi student in the United States for 15 years and his work now in Saudi Arabia for the ministry.
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UK PM Boris Johnson Speaks with Crown Prince Mohammed Bin Salman after March Visit
- April 26,2022
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- SUSTG Team
Just weeks after visiting Saudi Arabia and the UAE as part of a diplomatic push to align Western interests with that of Gulf allies, British Prime Minister Boris Johnson held talks via telephone on Monday with Saudi Crown Prince Mohammed bin Salman to discuss the dire situation in Ukraine and other matters.
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Saudi Economy to Grow Fastest in Over a Decade in 2022; IMF Raises 2022 Forecast to 7.6%
- April 20,2022
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- SUSTG Team
Forecasters are raising estimates on Saudi economic growth for 2022 as higher oil prices persist while non-oil output growth exceeds expectations, according to reports.
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Global Entrepreneurship Congress in Riyadh Attracts $600m in Investment Announcements
- March 29,2022
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- SUSTG Team
The Global Entrepreneurship Congress, a conference gathering investors, policymakers and community leaders from around the world to focus on the startup space, is underway in Riyadh with big announced investments into the important sector for the Kingdom’s diversification goals.Â
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Saudi Aramco to Invest Doubled Profits, with a Focus on Upstream
- March 22,2022
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- SUSTG Team
Saudi Aramco said its 2021 net profit more than doubled to $110 billion, in what amounts to a significant boost to the Kingdom’s economy as it seeks to continue ahead with Vision 2030 economic and social reforms.Â
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MUST-READS
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PowerSaudi’s ACWA Power collaborates with SABIC in localisation push
Saudi Arabia-based developer and operator of power generation and water desalination projects, ACWA Power has inked a memorandum of understanding (MoU) with Tadawul-listed Saudi Basic Industries Corporation (SABIC) to boost localisation within the kingdom’s economy and create job opportunities for Saudi nationals.
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AfghanistanInside Taliban’s Afghanistan, violence remains path to power
The Dec. 11 Bagram attack, which killed two people and wounded more than 70, derailed the most recent round of peace talks in Doha, Qatar. Still, Taliban commanders cited it as an example of the increased pressure the group plans to place on American and Afghan government forces in the coming months.
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Amin NasserSaudi Aramco CEO Amin Nasser Leads ICIS Top 40 Power Players 2019 Ranking
Saudi Aramco is undertaking two massive projects in Saudi Arabia - a crude oil-to-chemicals (CTC) project in Yanbu with SABIC and the 1.5m tonne/year cracker joint venture project Amiral with France-based Total in Jubail. Outside the kingdom, Aramco is nearing completion of the PRefChem joint venture refinery/cracker project with PETRONAS in Malaysia. In China, Aramco is planning a joint venture refinery and cracker with NORINCO and Panjin Sincen in Liaoning.
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Turkey in the RegionTurkey’s Resurgence as a Regional Power Confronts a Fractured GCC
Turkey’s relations with the Gulf Arab states have continued to intensify as Ankara and some Gulf Arab countries – Saudi Arabia, the United Arab Emirates, and Qatar – have steadily risen in regional prominence as traditional Arab power centers, such as Cairo, Damascus, and Baghdad, have faded in significance.
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LebanonLebanon electricity crisis: Stealing power to survive
"It's crazy to think that we're in 2019 and still have three hours a day when there is no electricity," says Lara Kais, 33, who helped organise the protest camp. She is talking about Beirut - in other places the cuts can be up to 17 hours a day.
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IraqIranian power was the target when Iraqis attacked a Najaf shrine
Tehran’s overt meddling in Iraqi politics is seen as enabling a weak government as well as the rise of dozens of Shiite militias and their parties, which analysts say are corruptly engaged in every aspect of Iraq’s economy.
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IndiaViewpoint: Are Indian unicorns too powerful?
India is home to one of the world's highest proportion of "unicorns"- unlisted companies with a valuation of more than $1bn (ÂŁ778m). Technology policy researcher Smriti Parsheera discusses the highs and lows of India's unicorn growth story and it's intersection with India's e-commerce policies.
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U.S.-Saudi RelationsU.S. defence policy bill requires nuclear power inspections for Saudi Arabia
Saudi Arabia and other countries seeking to use U.S. technology to develop nuclear power plants must agree to comprehensive U.N. inspections under legislation to be included in the defence policy bill expected to be announced as soon as early this week, two Democratic congressional aides said on Monday.
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DefenseAir Power Procurement in the Gulf: From Sparkling Mirages to Strategic Ambitions
Air power procurement in the Gulf is increasingly evolving in line with two key ambitions: power projection and economic diversification.
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IraqThe Superpowers Battling Over Iraq’s Giant Oil Field
This large foothold in West Qurna 1 will very neatly fit in with China’s near-identical move just a couple of months ago in Iraq’s massive Majnoon oil field.
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