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Recent stories from sustg
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Bilal Saab on U.S.-Saudi military cooperation, how the Kingdom is performing on its green initiative, and more
- April 7,2023
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- SUSTG Team
The 966 welcomes back onto the program Bilal Saab, political-military analyst on the Middle East and U.S. policy toward the region and Senior Fellow and Director of the Defense and Security Program at the Middle East Institute. The hosts ask Bilal about his recent piece, entitled “After Oil-for-Security: A Blueprint for Resetting U.S.-Saudi Security Relations.” Before […]
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Top U.S. Commercial Officer in KSA James Golsen, U.S.-Saudi trade after the Boeing-Riyadh Airways deal, and experiencing Al-Ula
- March 31,2023
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- SUSTG Team
In Episode 80 of The 966 Podcast, Mr. James Golsen, Senior Commercial Officer for Saudi Arabia and Bahrain, discusses his work building U.S.-Saudi trade and business relations and his journey to the important post. The 966 hosts talk with James about his role building U.S.-Saudi trade relations and enhancing investment opportunities in Saudi Arabia. They also […]
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F1 Returns to Jeddah, Saudi Arabia for Jeddah Grand Prix This Weekend
- March 17,2023
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- SUSTG Team
Saudi Arabia is set to host the Jeddah Grand Prix this weekend, which takes place at the Jeddah Corniche Circuit on Sunday, March 19.
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Polish Prime Minister Mateusz Morawiecki Visits Riyadh, Meets with Crown Prince Mohammed bin Salman
- March 8,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman “reviewed relations and issues of mutual concern” with Polish Prime Minister Mateusz Morawiecki on Tuesday in Riyadh.
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MENA Region Rushes Aid to Turkey, Syria
- February 17,2023
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- SUSTG Team
In the wake of the February 6th 7.8-magnitude earthquake that devastated large areas of Turkey and Syria many countries, including those in the MENA region, are rushing aid to the area.
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IMF Head Says Gulf Economies are Becoming More Resilient to Energy Prices
- February 13,2023
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- SUSTG Team
Governments of Gulf countries have made progress toward diversifying their economies away from oil by opening up to private investment and implementing taxes, according to comments from Kristalina Georgieva, the head of the International Monetary Fund.
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Abraham Ancer Takes 2023 PIF International Title at Royal Greens in Saudi Arabia
- February 6,2023
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- SUSTG Team
LIV’s Abraham Ancer won this year’s Saudi International Tournament, played at the Royal Greens Golf Club at KAEC, after holding off the PGA Tour’s Cameron Young to take the 2023 title.
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Saudi Arabia Set to Open Riyadh Metro ‘Soon’ — Report
- January 19,2023
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- SUSTG Team
The Riyadh Metro project, the game-changing public transportation project in Saudi Arabia’s capital, “will be opened soon,” Rai Al Youm reported on Wednesday, citing the German News Agency (DPA).
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PIF Assumes Control of $50 Billion Diriyah Project
- January 10,2023
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- SUSTG Team
Diriyah, a massive redevelopment of a historical site on the outskirts of the Saudi capital Riyadh, has become the fifth giga-project in the portfolio of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), according to reports.
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Saudi Arabia’s Sees Strong Labor Force Numbers for Nationals; PMI Holds at 56.9
- January 4,2023
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- SUSTG Team
Saudi Arabia’s job numbers witnessed their strongest growth rate since January 2018, and the unemployment rate for Saudi male citizens has fallen to its lowest level in more than 20 years, according to official data.
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MUST-READS
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Saudi AramcoSaudi Aramco and Petronas Are Close to Raising $8 Billion Loan
Saudi Arabian Oil Co. and Malaysia’s state-owned oil firm are close to raising an $8 billion loan to partly finance the construction of a planned refinery and a petrochemical complex in the Southeast Asian nation, people familiar with the matter said.
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Decision day looms for Saudi Aramco
The final complicating factor in the whole affair is that of timing. If the IPO is to happen this year, as has been promised, there is a cut-off point at which all these issues have to be resolved and decisions taken. That point must surely be approaching fast. The time for debate is almost over.
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Technology InvestmentGoogle Weighs Unusual Bid With Giant Oil Firm Aramco to Rev Up the Saudi Tech Sector
Saudi Arabia’s state-owned oil giant and Google parent Alphabet Inc., two of the world’s biggest companies, are in talks about jointly building a large technology hub inside the kingdom, people familiar with the potential deal said.
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Aramco InvestingInterview: Saudi Aramco’s Asian expansion drive turns to Indian refinery
It runs a refining and petrochemical plant in the Chinese province of Fujian, in partnership with state-owned China Petroleum & Chemical (Sinopec) and U.S. giant Exxon Mobil. During a monthlong tour of Asia last spring, Saudi Arabia's King Salman approved a massive investment in a project in Malaysia. Aramco is also participating in a project to upgrade a refinery in Indonesia.
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Saudi Aramco IPOSaudi Aramco indecision shrouds world’s biggest IPO in uncertainty
Indecision at the highest levels of government about Saudi Aramco’s planned IPO is causing frustration among company executives and financial advisers, shrouding what has been billed as the biggest stock market sale in uncertainty.
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Saudi RefiningSaudi Aramco, the Crude-Oil Giant, Becomes a Force in Refining
Over the past five years, Saudi Arabian Oil Co., known as Aramco, has boosted its global refining capacity by more than a third to 5.4 million barrels a day, helped by new facilities along the kingdom’s Red Sea and Persian Gulf coasts, according to Scottish energy consultancy Wood Mackenzie. The kingdom also has commissioned an additional refinery in the southwest of the country, set to come online in 2019.
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Saudi AramcoAramco Trading Starts Swapping Saudi Crude Oil for Refined Fuels
Saudi Aramco’s trading unit started swapping the kingdom’s crude oil for products refined in other countries, according to its chief executive officer.
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Aramco IPOSaudi regulator asked to study local market impact of Aramco IPO
The Shura Council’s fiscal committee has also asked the Capital Market Authority (CMA) to make sure that the stock market’s liquidity does not become concentrated in the giant oil company alone, state news agency SPA reported late on Tuesday.
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Crude to ChemicalsSaudi Aramco signs crude-to-chemicals technology agreement
The $40 million agreement with CB&I and Chevron Lummus covers “technology that will directly convert crude oil into chemicals”, Aramco chief executive Amin Nasser said at the company’s headquarters in Dhahran.
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Saudi AramcoWhy Saudi Aramco is trying to make vehicle engines more efficient
Electric vehicle purchases are expected to surge in the coming years, but making conventional, gas-powered cars and trucks more efficient will be the most effective way of driving down emissions in the near term, Saudi Aramco's chief technology officer said.
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