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The 966 E13: Tapping the strategic petroleum reserve, Saudi Arabia’s Covid-19 response, and ‘sportswashing’
- November 29,2021
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- SUSTG Team
On this week’s episode of The 966, the hosts talk about Saudi Arabia’s upcoming EDM festival, called Soundstorm, the start something big for women’s soccer in the Kingdom, President Biden’s decision to tap the SPR, Saudi Arabia’s enviable Covid-19 response, and why “sportswashing” is used to describe Saudi Arabia – but doesn’t come close to […]
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Saudi Arabia is Currently the Most Affordable Country in the World to Buy a Home
- November 11,2021
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- SUSTG Team
Saudi Arabia is the world’s most affordable country to buy a home in 2021, according to a new study from a Britain-based building supplier.
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Second Aramco Saudi Ladies International Golf Tournament Begins at Royal Greens; Pederson Looks to Defend Title
- November 4,2021
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- SUSTG Team
The second Aramco Saudi Ladies International presented by the Public Investment Fund kicks off today at the Royal Greens club in King Abdullah Economic City, Saudi Arabia, with defending champion Emily Kristine Pedersen seeking to fend off a host of rivals on the Red Sea.
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An Exclusive Interview with Lina Almaeena on The 966 Podcast
- October 20,2021
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- SUSTG Team
The 966 interviews Saudi Arabia’s Lina Almaeena, who spent well over a decade leading the charge for women’s sports in Saudi Arabia after co-founding Jeddah United Sports Club in 2006. Almaeena then served on Saudi Arabia’s consultative body, the Shura Council, and continues to work to advance women’s empowerment in Saudi Arabia in line with […]
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The 966 – Episode 6: A Multi-Billion Dollar EV Investment in Saudi Arabia, Power Demand in the Kingdom, and Economic Free Zones?
- October 15,2021
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- SUSTG Team
In episode 6 this week, the hosts discuss an Australian company that is making a big bet on electric vehicles in Saudi Arabia with a massive mining investment, the use of power in Saudi Arabia flattens out, and the Kingdom explores the possibility of economic free zones to attract foreign investment in Saudi.
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Introducing The 966 – A New Show from the SUSTG Team Discussing All Things Saudi Arabia
- October 8,2021
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- SUSTG Team
The SUSTG Team launched a new podcast and show, The 966, and will be publishing weekly updates and exclusive interviews and conversations with Saudi business leaders, officials, newsmakers and others. Episodes are available on the show’s website, 966.transistor.fm, and on Apple Podcasts, Spotify, YouTube, and several other platforms.
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U.S. National Security Adviser Jake Sullivan Visits Saudi Arabia, Meets with Crown Prince Mohammed bin Salman
- September 28,2021
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- SUSTG Team
President Joe Biden’s national security adviser, Jake Sullivan, visited Saudi Arabia on Monday and met with Crown Prince Mohammed bin Salman, according to reports.
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Saudi Arabia’s ACWA Power International, Key in Kingdom’s Renewable Plans, Set to IPO
- September 14,2021
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- SUSTG Team
Saudi Arabia’s ACWA Power International, described as one of Saudi Arabia’s main vehicles for building renewable energy projects, is set to raise up to 4.55 billion riyals ($1.21 billion) in its initial public offering, Bloomberg reports.
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Saudi Arabia Emphasizes ‘A New National Mind-Set’ for $1 Trillion in Mining Opportunities
- September 3,2021
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- SUSTG Team
Saudi Arabia is re-energizing its efforts to attract foreign investment into local mining and minerals opportunities, with the Kingdom’s Vice-Minister of Mining Affairs declaring that Saudi has a “a new national mind-set” on the sector.
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Saudi Arabia’s Technology Ministry Announces ‘LaunchKSA’ to Power Digital Innovation with $1 Billion Backing
- August 27,2021
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- SUSTG Team
Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) announced the launch of LaunchKSA, which promises to enhance innovation, augment digital know-how, support youth, and transform Saudi Arabia into the region’s largest digital economy.
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MUST-READS
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Power GridGCC, Egypt, Jordan ink MoU to work on interconnected Arab power grid
The new electrical grid aims to create a link between GCC Interconnection Authority Grid – which connects the six GCC countries through a 400 kV overhead line with a length of around 1,400 km – to the interconnection point in Jordan, and then with Egypt, with a 400 kV overhead
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Energy SecurityWorld Powers Tie Up for Naval Force to Police Mideast Oil Routes
A U.S.-led coalition created to secure sea lines vital to oil shipping in the Middle East formally launched operations in the most concerted international response yet to months of tensions in the region. Formed in response to a series of attacks on vessels and onshore facilities that some coalition members blamed on Iran, the International Maritime Security Construct (IMSC), formerly known as Operation Sentinel, will protect ships transiting the Persian Gulf, Gulf of Oman and Bab el-Mandeb.
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Yemen Civil WarYemen government and separatists sign deal to end power struggle in south
Yemen’s Saudi-backed government and southern separatists signed an agreement on Tuesday to end a power struggle in the south of Yemen that Saudi Arabia’s crown prince hailed as a step toward a wider political solution to end the multifaceted conflict.
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IsraelWith Benny Gantz Facing Political Chaos, Israel’s Arab Minority Gets Its First Shot at Power
As Israeli political parties enter yet another round of negotiations to form a government, the Joint List, an alliance of four Arab parties, could be the kingmaker. For the first time in Israel’s history, the Arab minority, which makes up about 20 percent of the population, could wield significant political power in the Israeli parliament, the Knesset.
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Yemen Civil WarSaudi-Backed Yemeni Government, Separatists Sign Power-Sharing Deal
Saudi Arabia has been working for months to negotiate a deal to prevent the STC, long backed by the United Arab Emirates, from breaking away from the country. The agreement creates a new power-sharing deal meant to ensure that the faction has a role in the new government.
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SyriaRussia, Turkey seal power in northeast Syria with new accord
urkey would get sole control over areas of the Syrian border captured in its invasion, while Turkish, Russian and Syria government forces would oversee the rest of the border region. America’s former U.S. allies, the Kurdish fighters, are left hoping Moscow and Damascus will preserve some pieces of their autonomy dreams.
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Global Oil MarketsWith Opec powerless, the market dictates the price of oil
The events around Abqaiq not only confirmed the immediate strength of supply but also highlighted the fact that the circumstances that could lead to a sustained price surge are very unlikely to happen.
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Renewable EnergyIEA outlook: Solar, wind power to hike renewable energy capacity by 2024
Overall, the report said, renewable energy's share of the power mix is expected to increase from 26 percent to 30 percent -- due partly to rapid expansion in the European Union, strong growth in India and an "installation boom in Vietnam.
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PowerSaudi Aramco, ACWA Power to invest $3 bln to build LNG plant and terminal in Bangladesh
Saudi Aramco and ACWA Power signed a deal with Bangladesh on Thursday to develop a 3,600-megawatt LNG-based power plant and terminal in the country. As part of the deal, the Saudi companies will invest around $3 billion, the Bangladesh government said at a signing ceremony.
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Aramco/ACWASaudi Aramco, ACWA Power to invest $3 bln to build LNG plant and terminal in Bangladesh
Saudi Aramco and ACWA Power signed a deal with Bangladesh on Thursday to develop a 3,600-megawatt LNG-based power plant and terminal in the country. As part of the deal, the Saudi companies will invest around $3 billion, the Bangladesh government said at a signing ceremony.
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