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Market-Leading Pharmacy Firm Nahdi Seeks Up to $1.36 billion in Saudi Arabia’s Biggest IPO Since Aramco
- March 1,2022
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- SUSTG Team
Nahdi Medical Co, Saudi Arabia’s market leader in retail pharmacies, “aims to raise up to 5.11 billion riyals ($1.36 billion) in the country’s biggest initial public offering since Saudi Aramco’s listing in 2019,” Reuters reports.
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Veteran Saudi Journalist Khaled Almaeena Joins The 966 to Talk Ukraine, Energy Markets, and More
- February 25,2022
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- SUSTG Team
Khaled Al-Maeena, Saudi journalist, commentator, businessman and the former editor-in-chief of the Saudi Gazette and Arab News joins The 966 for Episode 28 to talk about Saudi Arabia’s role in energy markets, the war in Ukraine, and much more.
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Oil Prices Near 8-Year Highs as Russian Invasion of Ukraine Roils Markets
- February 23,2022
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- SUSTG Team
Oil prices reached 8-year highs, approaching $100 a barrel on the Brent crude index, as Russia’s Vladamir Putin ordered troops to invade neighboring Ukraine.
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The Saudi Games 2022, air pollution’s cost, and King Salman’s pivotal role in Saudi history with guest David Rundell
- February 11,2022
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- SUSTG Team
David Rundell, author of Vision or Mirage: Saudi Arabia at the Crossroads joins this week for Episode 26 of The 966. The hosts and David talk about the Saudi Games 2022, the cost of air pollution in the “MENA region,” then discuss the important role of King Salman in the history of Saudi Arabia and […]
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President Biden, King Salman Speak by Phone; Biden Emphasizes U.S. Support for Saudi Security
- February 10,2022
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- SUSTG Team
President Joseph R. Biden, Jr. spoke with Saudi Arabia’s King Salman to discuss “regional developments and issues of mutual concern, including Iranian-enabled attacks by the Houthis against civilian targets in Saudi Arabia,” the White House said in a statement.
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Social entrepreneurship, the latest with Saudi golf, a new national holiday and much more with guest Ghadah Al-Harthi
- February 4,2022
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- SUSTG Team
Episode 25! Joining The 966 this week is a special guest, Dr. Ghadah Al-Harthi from London. Ghadah is Senior Consultant at Barker Langham, Associate Director MA Innovation Management, Central St Martins, and Young Adviser at Chatham House. This week, the hosts talk about the start of the Saudi international golf tournament, the announcement of a […]
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Overwhelming Interest in Saudi Security Company Elm’s IPO; Institutional Investors 69.5x Oversubscribe
- February 1,2022
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- SUSTG Team
Elm, a digital security firm owned by Saudi Arabia’s Public Investment Fund, drew $57 billion in orders for its IPO from institutional investors, according to Bloomberg, in what appears to be the latest evidence that the appetite for middle east stocks continues to run strong.
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Saudi Natural Gas Production Soars, Turning Saudi Palaces into Lux Hotels, and Much More – The 966 E. 24
- January 28,2022
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- SUSTG Team
Episode 24 of The 966 has the hosts talking about Saudi Arabia’s growth in natural gas production over the last decade, the PIF’s new hotel group, a recent piece on Saudi royal succession and much more.
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Top Biden Officials Meet with Saudi Ambassador Reema bint Bandar to Discuss Response to Houthi Attacks on Civilians
- January 25,2022
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- SUSTG Team
The United States has discussed with Gulf allies including Saudi Arabia and the United Arab Emirates to hold Yemen’s Houthi group accountable after the Iranian-backed fighters attacked the UAE for the second time in a week, the White House said.
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KAPSARC’s Adam Sieminski joins The 966 to talk renewable energy and the circular carbon economy
- January 21,2022
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- SUSTG Team
The 966 welcomes a special guest for Episode 22 from Riyadh: Adam Sieminski, who just finished serving as President of KAPSARC, the leading think tank based in Saudi Arabia. Adam previously was the head of the U.S. Energy Information Agency, and was the senior director for energy and environment on the U.S. National Security Council […]
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MUST-READS
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Iraq signs first security agreement with Saudi Arabia in 40 years
Iraqi and Saudi officials signed a memorandum of understanding (MoU) on 19 February to share sensitive intelligence and deepen security cooperation, marking the first time the two nations have signed a security pact since 1983. The pact was signed by Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif bin Abdulaziz and his Iraqi counterpart Abdul Amir al-Shammari during the latter’s official visit to Riyadh. The MoU entails “all forms of security cooperation, exchange of points of views, and undertaking joint security activities,” Iraqi state media reported. Iraq and Saudi Arabia share an 800-kilometer border.
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Saudi Aramco Says ESG Investing Threatens Energy Security
“If ESG-driven policies are implemented with an automatic bias against any and all conventional energy projects, the resulting underinvestment will have serious implications. For the global economy. For energy affordability. And for energy security.”
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Davos 2023: Saudi-US partnership is crucial for global security, says Saudi envoy
"Yes there was a moment of conflict and disagreement, but that doesn't take away from the fact that we are both strategic allies and we are friends, and this relationship is critical for the world," envoy Princess Reema bint Bandar Al Saud said at a panel at the World Economic Forum in Davos.
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U.S.-Saudi ties are in flux as tensions over oil and security persist
Gulf nations don't see it as being in their national interest to take sides in rivalries between the U.S. and other world powers, says Elham Fakhro, a Bahraini research fellow at Britain's University of Exeter. There's no upside for them in ostracizing Russia, for example, or losing out from trade benefits with China, whose leader Xi Jinping visited Saudi Arabia last month.
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Saudi Arabia cybersecurity and drones federation launches JV with global organiser Informa
The Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP) and global exhibition organiser Informa have announced the creation of Tahaluf, a joint venture designed to launch exhibition brands in Saudi Arabia. The new joint venture aims to create professional career opportunities for Saudis in events and related industries and the partnership will launch a series of large-scale events in 2023 and 2024 to serve key verticals in Saudi Arabia, including Tech, AI, Food, Pharma, Beauty, Real Estate and Healthcare.
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Saudi Arabia and India set to deepen cybersecurity ties: top Indian official
Saudi Arabia and India will soon sign a memorandum of understanding to elevate cooperation in cybersecurity, as talks are steadily progressing between officials of the two countries, according to a top Indian official. In an exclusive interaction with Arab News on the sidelines of the Global Cybersecurity Forum in Riyadh on Nov. 9, India's national cybersecurity coordinator Lt General Rajesh Pant, said that he will meet Majed bin Mohammed Al-Mazyed, governor of Saudi Arabia’s National Security Authority to discuss the MoU further.
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Saudi Arabia to Host MENA’s Largest Cybersecurity Event
Saudi Arabia will host the international Black Hat event in mid-November, the largest cybersecurity event in the Middle East and North Africa region (MENA), bringing together the most important cybersecurity experts worldwide. The event is organized in cooperation between the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP) and Informa Tech, in partnership with the General Entertainment Authority (GEA), as part of the Riyadh Season 2022 activities. The three-day event starts on Nov. 15 at the Riyadh Front Center.
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Foreign Ministers of Pakistan and Saudi Arabia Discuss Political and Security Affairs
Foreign Minister Bilawal Bhutto Zardari and Prince Faisal bin Farhan Al Saud, the Foreign Minister of the Kingdom of Saudi Arabia, jointly chaired the inaugural session of the Ministerial Committee of the Political and Security Pillar of the Saudi-Pakistan Supreme Coordination Committee, held in the Ministry of Foreign Affairs, Riyadh on 10th November 2022. During the meeting, both sides held wide-ranging discussions on host of issues related to political and security domains.
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Saudi Arabia, China to work together on energy security
Saudi Arabia is China’s top crude supplier with most of the country’s refineries designed to crack Middle East crudes. The producer delivered 1.76 million b/d of shipment in January-August to lift the market share to 17.7% from 16.9% a year earlier, despite the volume edging down 0.3% year on year, according to China’s customs data.
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Saudi, Russian agriculture ministers discuss food security
The meeting was attended by the Saudi Grains Organization, Governor Eng. Ahmed Al-Faris and the Director General of the General Department for International Cooperation, Eng. Abdulaziz Al-Huwaish.
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