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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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Saudi FM Prince Faisal bin Farhan, Ambassador Reema bint Bandar Meet with Secretary of State Blinken in Washington
- October 15,2021
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- SUSTG Team
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and Saudi Ambassador to the United States Princess Reema Bint Bandar Al-Saud met with U.S. Secretary of State Antony Blinken in Washington on Thursday, and “exchanged views on Iran’s nuclear program and international talks on the matter,” according to a statement from Saudi Arabia’s foreign ministry […]
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An Interview with the IMF’s Abdullah Hassan, Former Sous-Sherpa for Saudi Arabia for the G20 Meetings
- October 14,2021
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- SUSTG Team
In 2020, Saudi Arabia became the first Arab nation to assume the G20 presidency. Hosting the G20 is a massive undertaking, involving close to two years of event planning, policy development and strategy, and much more.
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Saudi Arabia’s Nayifat Finance Company Latest to Announce IPO Plans on Surging Tadawul
- October 13,2021
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- SUSTG Team
Saudi Arabia’s Nayifat Finance Company said on Tuesday it plans an initial public offering (IPO) on the Riyadh stock exchange with a free float of 35% of its shares, according to a Reuters report. Nayifat, a consumer-focused Islamic finance firm, said in a statement that it plans a sale of 35 million shares to institutional […]
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Crown Prince Announces Launch of New National Investment Strategy to Attract FDI
- October 12,2021
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- SUSTG Team
Saudi Crown Prince Mohammed bin Salman gave details of a new investment strategy, called the National Investment Strategy, on Monday that aims to raise net foreign direct investment to 388 billon riyals ($103.45 billion) annually, the state news agency (SPA) reported.
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U.S. State Department Condemns ‘Outrageous’ Attack by Houthi Forces on King Abdullah Airport in Jazan
- October 11,2021
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- SUSTG Team
The U.S. State Department joined a chorus of other nations in condemning Friday’s attack by the Iran-backed Houthi group on King Abdullah Airport in Jazan, Saudi Arabia that wounded 10. The attack injured both passengers and airport staff when an explosives-laden drone hit King Abdullah Airport on Friday. According to Arab News, the injured included six […]
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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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Premiere League Set to Give Saudi Green Light for Newcastle Takeover
- October 7,2021
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- SUSTG Team
Saudi Arabia’s PIF has cleared a significant hurdle in its quest to acquire a reported 80 percent stake in Newcastle United, according to reports.
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As Oil Continues Rise, Saudi Aramco Again Nears World’s Most Valuable Company
- October 6,2021
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- SUSTG Team
Oil’s continued rise in recent months has pushed up the value of state-owned Saudi Aramco to nearly $2 trillion, positioning the company within striking distance of Apple Inc. as the world’s most valuable.
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Biden Administration Welcomes Saudi Engagement with Iran, Talks Still in ‘Exploratory Phase’
- October 5,2021
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- SUSTG Team
The U.S. said it welcomes the news of direct communication between Saudi Arabia and Iran, Jennifer Gavito, deputy assistant secretary for Iran and Iraq at the State Department’s Bureau of Near Eastern Affairs, told CNBC’s Dan Murphy in Dubai.
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MUST-READS
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Death PenaltySaudi executes 70th convict this year
Saudi Arabia executed a citizen convicted of murder Sunday, bringing to 70 the number of people it has put to death this year.
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GDP Growth for Saudi ArabiaSaudi central bank official predicts 2 percent GDP growth
Saudi Arabia’s economic growth is likely to be around 2 percent in 2016, a central bank official said on Thursday, reflecting the impact of lower oil prices on the kingdom’s economy.
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Hawkes ProcessThe eerie math that could predict terrorist attacks
The basic idea behind Hawkes processes is that some events don’t occur independently; when a certain event happens, you’re more likely to see other events of the same kind shortly thereafter.
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SyriaSyria conflict: UN steps up aid deliveries as truce holds
An aid convoy has reached a besieged suburb of the Syrian capital Damascus, as the UN takes advantage of a partial truce brokered by the US and Russia.
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War in YemenYemen conflict: Al-Qaeda joins coalition battle for Taiz
The BBC has found evidence in Yemen that troops from a Saudi-led coalition force and al-Qaeda militants are both fighting Houthi rebels in a key battle.
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Saudi-IranPerspective: The Iran-Saudi Conflict
Iran defies, while Saudi complies. Iran condemns while Saudi supports. Iran makes mischief, while Saudi makes friends. Though not apologizing for my country – we need to make a better case for our positions and values – I believe that the time has come for Iran to be called to the table and to be held to a higher standard.
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AfghanistanAfghan Army abandons another district in Helmand
Yesterday, the Afghan National Army withdrew from two bases in the district of Musa Qala in Helmand. Today, we learn that the Afghan Army also withdrew from the district of Now Zad.
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SyriaSyria conflict: Homs and Damascus bomb blasts kill 140
Bomb blasts in the Syrian cities of Homs and Damascus have left at least 140 people dead, monitors and state media say.
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Anti-ISIS CampaignCommentary: ISIL: The Common Enemy Fiction
Any doubts about whose interests are served by ISIL in Syria have been eliminated.
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SyriaAnalysis: Russia presses air blitz in Syria to dictate peace
The impact of Moscow's air strikes appears particularly significant given the modest size of the Russian force — just a few dozen jets. But they have operated at a frenetic pace, each flying several sorties a day for a total of more than 6,000 combat missions in 4½ months.
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