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State Department Releases U.S.-GCC Iran Working Group Statement; Calls for Iran to ‘Seize the Diplomatic Moment’
- November 18,2021
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- SUSTG Team
Diplomats from the U.S., Saudi Arabia and other GCC nations convened in Riyadh this week to discuss a coordinated effort to counter Iran’s “range of aggressive and dangerous policies,” the State Department confirmed in a statement.
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The 966, Episode 10 – A World’s Fair in Riyadh, Excavating Al-Ula, and will Saudi Arabia Produce Cars Soon?
- November 5,2021
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- SUSTG Team
This week on The 966 Episode 10, the hosts discuss how Saudi Arabia is in talks with several carmakers about manufacturing in the Kingdom’s borders. Also, a team of French and Saudi archaeologists has begun work on excavating near Al-Ula in Saudi Arabia in hopes of discovering the remnants of the ancient and long-forgotten kingdoms of […]
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Future Investment Initiative (FII) Kicks Off 5th Annual Summit with Focus on Climate, Humanity, Energy
- October 26,2021
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- SUSTG Team
The first day of the Future Investment Initiative (FII) conference kicked off this morning in Riyadh with a focus on investing in humanity, sustainability, and impactful investing. The FII comes just a day after the Saudi Green Initiative and Middle East Green Initiative Launch Events that concluded yesterday in the Saudi capital.
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Saudi Arabia Joins Global Community with Pledge to Achieve Net Zero Emissions by 2060
- October 25,2021
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Saturday at the Saudi Green Initiative (SGI) event that the world’s top oil exporter aims to reach “net zero” emissions of greenhouse gases, mostly produced by burning fossil fuels, by 2060, according to reports.
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The 966, Episode 8 – F1 Grand Prix in Jeddah, The Puzzle of U.S.-Saudi Ties, Tadawul Hits 15 Year High, Solar Costs Rise
- October 22,2021
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- SUSTG Team
This week, The 966 hosts discuss the upcoming COP 26 UN Climate Change Conference in Glasgow, the F1 race in Jeddah, an excellent recent commentary piece by Jon Alterman of the CSIS, Tadawul’s 15-year high, and the rising cost of solar energy components in Saudi Arabia.
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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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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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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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MUST-READS
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Anti-LBTQ backlash grows across Middle East, echoing U.S. culture wars
Lebanon, Jordan and Turkey have always stood out in the region on LGBTQ issues. All have queer scenes, all have hosted Pride parades or similar events. But in all three places, the community exists in a legal gray area — neither criminalized nor protected by the law. As anti-LGBTQ+ sentiment intensifies and is championed by some of the region’s most powerful figures, gay and trans people feel more vulnerable than ever.
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U.S. Fellowship Program Empowers Thirty-Four Saudi Women Entrepreneurs to Achieve Greater Professional Heights
The WIn Fellowship is a women’s entrepreneurship and empowerment partnership between U.S. Embassy Riyadh, the Atlantic Council, Georgetown University’s McDonough Business School, and PepsiCo. It delivers a year-long virtual program that includes mentoring and networking opportunities with leading U.S. and Middle East business executives, government officials, and policy professionals. At the end of the program, five WIn program participants will participate in a one-week exchange in the United States in Washington, DC.
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U.S. sending Marines, more warships to Middle East amid rising tension with Iran
Defense Secretary Lloyd Austin ordered the deployment of a Marine expeditionary unit and an amphibious-ready group to the region, citing Iran’s recent attempts to seize ships in the region. A MEU typically includes about 2,000 Marines transported aboard three amphibious warships that can launch helicopters and watercraft.
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U.S. Bans 14 Iraqi Banks in Crackdown on Iran Dollar Trade
The U.S. has barred 14 Iraqi banks from conducting dollar transactions, U.S. officials said, part of a sweeping crackdown on the siphoning of U.S. currency to Iran and other sanctioned Middle East countries. The ban, which was imposed Wednesday by the Treasury Department and the Federal Reserve Bank of New York, is likely to provoke new tensions between Baghdad and Washington and could spark more economic turmoil for ordinary Iraqis.
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U.S. and Israel to launch climate initiative in the Middle East and Africa
Vice President Kamala Harris and Israeli President Isaac Herzog will announce on Wednesday a joint climate initiative aimed at supporting "climate-smart agriculture" in the Middle East and Africa, according to White House officials.
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Inside Biden’s call with Bibi: Saudi Arabia, a U.S. meeting, judicial overhaul concerns
When President Biden urged Benjamin Netanyahu in their call Monday to try and get broad consensus for his judicial overhaul legislation, the Israeli prime minister claimed the opposition was unwilling to negotiate, three U.S. and Israeli officials briefed on the call told Axios.
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Interpreter for U.S. in Afghanistan killed while working as a rideshare driver in D.C.
A father of four who worked as an interpreter for U.S. special forces in Afghanistan before fleeing the country for safety in America was fatally shot while working as a rideshare driver in Washington, D.C. this week, relatives and authorities said. The Metropolitan Police Department said it was looking for suspects in the fatal shooting Monday of a man identified as 31-year-old Nasrat Ahmad Yar, of Alexandria, Virginia.
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Opinion: Why the U.S. Should Give Saudi Arabia Nuclear Technology
A U.S.-negotiated Saudi-Israel agreement would repair the anti-Iran alliance shaken up by the China deal. It would signal to Iran that overt measures are being taken to form a regional security architecture meant to counter Iranian meddling and adventurism—a concern shared by both Israel and Saudi Arabia. Formal integration of Israel into the region would strengthen U.S. deterrence and its hand in any new negotiations over Iran's nuclear program. It would also send a message to China and to Middle East states now looking eastward that the U.S. retains primacy as the main global power operating in the region.
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U.S. Hosts Two Major Multilateral Maritime Engagement Forums in Middle East
U.S. Naval Forces Central Command (NAVCENT) hosted a two-day multilateral maritime security meeting for 90 senior military officers and diplomats from 22 nations as well as senior representatives from the Gulf Cooperation Council at the U.S. Navy base in Bahrain. Officials discussed the current maritime security environment and ways to further enhance maritime security in the region, according to a joint statement released June 26.
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Perspective: Is Middle Eastern Stability on the Horizon Thanks to U.S.-China Competition?
One theme of the present moment is that countries in the Middle East are making deals based on their own national interests rather than dancing to the tune of outsiders. This independence is paradoxically because of great power rivalry in the region, not despite it. With heightened rivalry between great powers, regional powers have more options and are acting more as free agents than committed allies of global powers.
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