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Saudi Aramco’s CEO Says Kingdom is Eying New Investments in LNG – Report
- October 17,2023
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- SUSTG Team
Amin Nasser, the CEO of Saudi Aramco, said his company is looking at more investments in liquefied natural gas (LNG) to boost its plans to become a leading player in the seaborne gas market, according to a report.
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Regional HQ Executives to get Premium Residency Under New Government Scheme to Boost Investment
- October 10,2023
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- SUSTG Team
Saudi Arabia’s Ministry of Investment has developed a mechanism to grant premium residency to executives who base their company’s regional headquarters in the Kingdom, according to reports, in a bid to boost the business environment in the Kingdom and attract more foreign investment.
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Discussing the Venture Capital ecosystem in Saudi Arabia and the MENA with investor Amjad Ahmad and much more…
- October 2,2023
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- SUSTG Team
In episode 105 of The 966, Amjad Ahmad, a leading venture capitalist and seasoned investment professional with extensive experience in VC and private equity in emerging markets, joins to discuss the VC ecosystem in Saudi Arabia, the MENA region, and globally today. In addition to over two decades of experience investing in the region, Amjad […]
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Lucid Opens First-Ever Auto Plant in Saudi Arabia
- September 27,2023
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- SUSTG Team
Lucid has opened the first ever car manufacturing plant in Saudi Arabia at the King Abdullah Economic City as the kingdom looks to establish itself as a global player in the EV race.
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Saudi Arabia Sends Envoy to West Bank as Progress in Talks with Israel Gather Pace
- September 26,2023
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- SUSTG Team
Saudi Arabia, which has engaged in U.S.-brokered talks with Israel to potentially normalize relations, Tuesday sent a delegation to the occupied West Bank for the first time in three decades, VOA reports.
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Saudi giga-projects and construction with MEED editor Colin Foreman, an update on the New Murabba and the Saudi Pro League, and more
- September 1,2023
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- SUSTG Team
Colin Foreman, journalist and editor for the Middle East Economic Digest (MEED), joins The 966 to talk about construction, giga-projects, and Saudi Arabia’s economic development. MEED is a leading resource for executives with a highly-respected publication for the MENA region. Before the conversation with Colin, the hosts discuss the latest with the Saudi Pro League […]
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New Murabba Development Company Awards Industry-Leader Bechtel with PMC Contract for Masterplan, Site-Wide Infrastructure
- August 29,2023
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- SUSTG Team
The Saudi-based, PIF-owned New Murabba Development Company has announced that Bechtel, the leading engineering and construction company, has been awarded a key contract to provide project management services for the New Murabba development in the capital Riyadh.
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Report: Biden Considers Another Bilateral Meeting with Crown Prince Mohammed bin Salman at G20 to Talk Saudi-Israel Mega Deal
- August 21,2023
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- SUSTG Team
President Biden is considering a bilateral meeting with Saudi Crown Prince Mohammed bin Salman on the sidelines of next month’s G20 summit in New Delhi, India, to discuss the recently-reported proposal for the Kingdom and Israel to move toward establishing relations, four sources with knowledge of the issue told Axios.
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Princess Mashael bint Saud Al Shalan joins The 966, Saudis rush to theaters to See ‘Barbie’, an update on The Line and more…
- August 18,2023
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- SUSTG Team
Episode 99! Princess Mashael bint Saud Al-Shalan, Founding Partner, Aeon Strategy, joins The 966 to discuss her work heading one of the leading consultancies in Saudi Arabia in the field of sustainability. Aeon Strategy played a key role in support of the Kingdom’s Net-Zero targets under the Saudi Green Initiative and the Circular Carbon Economy […]
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Saudi Crown Prince Mohammed bin Salman invited to visit UK – BBC Report
- August 17,2023
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- SUSTG Team
Crown Prince Mohammed bin Salman has been invited to visit the UK, the Saudi Arabian embassy has told the BBC.
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MUST-READS
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Saudi Arabia wins seat on UNESCO’s Intergovernmental Oceanographic Commission
Saudi Arabia has won membership of the Executive Council of the Intergovernmental Oceanographic Commission. The member states of the Council of the United Nations Educational, Scientific and Cultural Organization (UNESCO) held the election during the council meeting held in Paris last week.
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Modernizing government: Saudi Arabia trends
The pandemic has unexpectedly revealed what’s possible and forward-looking governments are now wisely leveraging their momentum to seize a ‘golden opportunity’ for historic innovation. In our view, the future of government – agile, responsive, customer centric and more closely aligned to the needs of business – has arrived.
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Saudi Arabia to require vaccination to enter governmental, private establishments
Saudi Arabia’s interior ministry said on Tuesday that vaccination will be required to enter any governmental, private, or educational establishments and to use public transportation as of August, 1, state news agency (SPA) reported. Vaccination will also be required to enter any economic, commercial, cultural, scientific, or social events and activities, as well as to any entertainment or sports activities.
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Saudi Arabia’s King Salman appoints new government ministers
Faisal bin Fadel bin Mohsen Al-Ibrahim was appointed as Saudi Arabia’s new minister of economy and planning in a series of new government appointments issued by King Salman on Monday. Amid the royal decrees, Prince Sultan bin Salman bin Abdulaziz Al-Saud was made a minister after being appointed as special advisor to the King, and made chairman of the board of trustees of the King Salman Foundation.
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Several Saudi government officials among 176 held for corruption in 1 month
Several government officials are among a total of 176 people who have been arrested for their alleged involvement in crimes, including financial corruption and abuse of power during a period of one month. The Control and Anti-Corruption Commission (Nazaha) officials carried out a total of 971 inspection rounds during the month of Sha’ban (March 14 to April 12) that resulted in the investigation of charges against 700 suspects in criminal and administrative cases.
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Saudi Arabia to give Yemeni government $422 million worth of fuel
Saudi Arabia will grant $422 million worth of petroleum products to Yemen’s internationally recognised government for power stations and to support public services as the country grapples with a fuel shortage, state news agency SPA said on Tuesday.
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Saudi Arabia’s government tops Edelman’s 2021 Trust Barometer report
According to the report, China shared the top spot with Saudi Arabia at 82 percent while the UAE came in third place at 80 percent in terms of trust in government. The 2021 Trust Barometer is Edelman's 21st annual trust and credibility survey. The research, conducted by Edelman Data & Intelligence (DxI), surveyed a sample of more than 33,000 respondents in 28 markets, including Nigeria for the first time, this year.
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Saudi envoy urges Lebanon politicians to form new government quickly
Saudi Arabia’s ambassador to Beirut urged Lebanese political parties on Tuesday to quickly agree a new government to pull the country from financial crisis after months of political wrangling. A standoff between President Michel Aoun and Saad al-Hariri, who was designated as prime minister last October, has delayed a deal on a new government as Lebanon’s worst crisis in decades spirals.
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Saudi ambassador urges Lebanon’s factions to agree new government as soon as possible
It came a day after the latest attempt by Aoun and Prime Minister-designate Saad Al-Hariri to end five months of political deadlock resulted in failure when they were once again unable to agree the formation of a new government. Meanwhile, Lebanon continues to face a growing financial crisis, mounting debt and a plummeting currency. The crisis was exacerbated by the massive explosion in August last year that destroyed Beirut’s port and surrounding areas.
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Saudi-backed Yemeni government says restores ties with Qatar
Yemen’s internationally recognized government said on Sunday it had restored diplomatic ties with Qatar after four years of boycott led by Saudi Arabia and joined by other Arab countries. Saudi Arabia and its allies had agreed at a summit in January to end the political row which led to Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting trade, travel and diplomatic ties with Qatar in mid-2017. Yemen’s Saudi-backed government had followed suit.
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