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Al-Falih Says Vision 2030’s Impact on Saudi Economy is Visible in 66% Increase in GDP
- December 12,2023
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- SUSTG Team
Saudi Arabia’s Minister of Investment, HE Khalid Al-Falih, said that the Kingdom’s gross domestic product (GDP) has increased by 66 percent since the launch of Saudi Arabia’s Vision 2030.
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NEOM Announces Launch of ‘Topian’, the NEOM Food Company, Seeking to ‘Revolutionize Global Food Systems’
- December 11,2023
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- SUSTG Team
NEOM launched this weekend a new company, called “Topian,” the NEOM Food Company, which “seeks to redefine food production, distribution, and consumption through the creation of sustainable and innovative food solutions across five vertical pillars: climate-proof agriculture; regenerative aquaculture; novel foods; personalized nutrition; sustainable food supply and ESG.”
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The 966 LIVE at Hevolution’s Launch in Riyadh with HRH Dr. Haya Bint Khaled Bin Bandar Al-Saud and Dr. Mehmood Khan, CEO of Hevolution
- December 8,2023
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- SUSTG Team
The 966 Podcast features a special episode this week for episode 114 with an exclusive, live duo of conversations, first with HRH Dr. Haya Bint Khaled Bin Bandar Al-Saud, Vice President of Organizational Strategy and Development for the Hevolution Foundation, and then with Hevolution’s CEO, Dr. Mehmood Khan. Lucien and Richard recorded conversations with top […]
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Saudi Private Sector Employment Reaches 10.8m – Latest Data
- December 6,2023
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- SUSTG Team
Saudi Arabia’s total number of employees in the private sector reached 10.8 million in November, up 0.93 percent from the previous month, according to newly released figures reported by Arab News.
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Russia’s President Putin to Visit Saudi Arabia and U.A.E. on Wednesday
- December 5,2023
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- SUSTG Team
President Vladimir V. Putin will make a rare trip to the Middle East on Wednesday saying he would discuss bilateral relations, oil and international affairs in Saudi Arabia and the United Arab Emirates.
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Saudi Arabia NEOM Investment fund to hold 6% in Italy’s Technogym
- December 4,2023
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- SUSTG Team
Saudi Arabia NEOM Investment Fund (NIF) will hold 6% of Technogym share capital after an 111-million-euro ($120.83 million) investment and “intends to be a long-term minority shareholder in the Italian fitness-equipment maker,” the fund said on Friday per a report in Reuters.
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The Future of Fintech and Blockchain with Amit Sharma, CEO of FinClusive
- November 27,2023
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- SUSTG Team
Amit Sharma, CEO and Founder of FinClusive Capital, a hybrid fin-/reg-tech company based in the United States, joins The 966 to talk digital banking, fintech and more. Finclusive, headquartered in New York, New York, is a global compliance, digital identity and payments platform for a new era of financial services.
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OPEC+ Postpones Policy Meeting By Four Days to Nov 30; Surprise Move Causes Oil to Drop
- November 22,2023
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- SUSTG Team
OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts by four days, to Nov. 30 from Nov. 26, the group said in a statement on Wednesday, in what many considered a surprise development sparking a further drop in oil prices, according to a report in Reuters.
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Two New Towers Planned for Saudi Arabia’s NEOM as Kingdom’s Building Boom Continues with Epicon
- November 21,2023
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- SUSTG Team
Two new towers aimed at attracting tourists to the Gulf of Aqaba in Saudi Arabia are set to be built in the special economic zone of NEOM as part of a new development launched last week called Epicon.
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An exclusive interview with Dr. Mehmood Khan, founding CEO of Saudi Arabia’s HEVOLUTION Foundation
- November 20,2023
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- SUSTG Team
The 966 speaks with Dr. Mehmood Khan, CEO of Saudi Arabia’s Hevolution Foundation, a global non-profit revolutionizing the healthspan field launched by Royal Decree and chaired by HRH the Crown Prince Mohammed bin Salman. Dr. Khan shares his journey, Hevolution’s vision and insights into how he is working to build the organization’s operations from the […]
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MUST-READS
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FinanceThe Saudi Banking sector and fiscal policy
The continued build-up of deposits is a positive when the banks can and must play a bigger role in driving economic development. There have been structural developments to accelerate the momentum in certain areas, for example, the mortgage law. But, in general, the banks are essential for driving private sector-led development in an economy that has historically relied very heavily on government provision and investment.
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TakafulValue of Saudi Arabia’s Islamic banking assets reaches $285bn
The Dubai Chamber of Commerce and Industry based on a recent study by Ernst and Young stated that global Islamic banking assets have registered cumulative annual growth rate of about 16 percent during 2008-2012, reflecting the radical shift from conventional financial system in favour of Islamic finance.
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