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LEAPing forward in an increasingly tech-focused Saudi Arabia, Riyadh as a global events destination, and much more
- February 10,2023
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- SUSTG Team
The 966 Episode 75! The hosts discuss the recently-concluded LEAP conference and exhibition in Riyadh and how Saudi Arabia is increasingly becoming a leader in the space in the region. They also discuss how Riyadh is, in general, becoming a more attractive destination for global events, a concept once difficult to imagine before the Kingdom […]
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LEAP Conference Concludes in Riyadh with Major Deals, Focus on Tech
- February 9,2023
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- SUSTG Team
The 2023 LEAP conference ended on Thursday in Riyadh, with major deals for cloud computing centers and announcements of investments into the Kingdom’s tech sector in hopes of creating a vibrant startup ecosystem.
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Physician-scientist Dr. Doaa Alsaleh MD joins The 966, plus a new visa to visit Saudi and much more
- February 3,2023
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- SUSTG Team
In Episode 74, a conversation with Dr. Doaa Alsaleh MD, a physician-scientist at the Icahn School of Medicine at Mount Sinai in New York City on her journey, work, research, and future before returning to work in Saudi Arabia soon. Dr. Doaa was born in Saudi Arabia, got her medical degree in Bahrain, and is now […]
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Saudi Arabia’s PIF, U.S.-Based AeroFarms Agree to Establish Riyadh-Based Vertical Farms Company
- February 1,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has signed a joint venture agreement with New Jersey-based AeroFarms to establish a company in Riyadh to build and operate indoor vertical farms in the Kingdom with an eye toward expansion in the wider MENA region, according to a report in Arab News and a press release from the PIF.
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Real estate in Saudi Arabia, Riyadh’s $22.5 BILLION metro, and the Ronaldo-Messi-Mbappe game
- January 20,2023
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- SUSTG Team
In episode 72 of The 966, the Riyadh Metro project, the game-changing public transportation project in Saudi Arabia’s capital, “will be opened soon.” A discussion on the hot real estate market in Riyadh and across Saudi Arabia. Then, to kick off the program’s “Yallah!” segment, the hosts spend some time talking about the Dakar Rally, […]
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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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Saudi Arabia’s Flynas Eyes Overseas Expansion in Bid to Reach Top 5 Lowcost Carriers Globally
- January 16,2023
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- SUSTG Team
Saudi Arabia-based low-cost carrier Flynas said its board approved establishing local units outside the Kingdom’s borders in two more countries “as part of a plan to become the Middle East’s largest discount airline and one of the five biggest globally,” Bloomberg reports.
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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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Dr. Aziz Alghashian talks Saudi-Israel relations, the Future Minerals Forum 2023, water in Saudi Arabia and much more!
- January 6,2023
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- SUSTG Team
In episode 70 of The 966, Dr. Aziz Alghashian joins The 966 to talk about Saudi-Israel relations in 2023, the status of the Abraham Accords, and his view on Saudi foreign policy going forward. Before the conversation with Dr. Aziz, the hosts discuss the upcoming Future Minerals Forum 2023 in Riyadh, major developments in Saudi Arabia’s […]
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Hyundai Motor Joins EV Car Race in Saudi Arabia with Planned Factory; Signs MOU with Saudi Ministry of Industry and Mineral Resources
- January 3,2023
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- SUSTG Team
South Korea’s Hyundai Motors has joined the race to build EV cars in Saudi Arabia, signing a memorandum of understanding with Saudi Arabia’s Ministry of Industry and Mineral Resources to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA) reported.
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MUST-READS
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Sudan’s capital resounds with gunfire as US pushes to extend truce
The United States and African nations raced to secure an extension of a ceasefire in Sudan on Thursday, with the Sudanese army saying it had given an initial nod to an African proposal calling for talks even as heavy fighting continued. Hundreds of people have been killed in nearly two weeks of conflict between the army and a rival paramilitary force - the Rapid Support Forces (RSF) - which are locked in a power struggle threatening to destabilise the wider region.
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Sheikh Abdullah thanks Saudi rulers for helping UAE citizens and others escape Khartoum
Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, has told Saudi officials that the role the kingdom has played in the evacuation of people caught up in the violence in Sudan has been appreciated. Sheikh Abdullah spoke to his Saudi counterpart, Prince Faisal bin Farhan, on the phone on Monday. The kingdom had made outstanding efforts in co-operation with other nations in the evacuation efforts, according to Wam.
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Rival factions defy ceasefire to bombard Sudan’s capital, Japan plans evacuation
Air strikes and explosions hammered Sudan's capital on Wednesday after the failure of a U.S.-brokered ceasefire between the army and paramilitary forces, forcing residents to stay hunkered down and prompting Japan to prepare to evacuate its citizens. Continuous bombardments and loud blasts could be heard in central Khartoum in the area around the defence ministry compound and the airport, which has been fiercely contested and put out of action since fighting erupted at the weekend.
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Lebanon seizes 10 million captagon pills being smuggled abroad – minister
Lebanon's security forces have seized an estimated 10 million captagon pills that were to be smuggled to Senegal and then on to Saudi Arabia, Interior Minister Bassam Mawlawi said in a tweet on Friday. The drugs were found in a shipment of rubber carbon during an operation in which four people were arrested in the Al-Qubbah area, in northern Lebanon, Mawlawi said.
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US says its forces captured Islamic State operative in raid in Syria
The U.S. military conducted a helicopter raid in eastern Syria late on Saturday and captured an Islamic State operative and two of his associates, the U.S. Central Command (CENTCOM) said in a statement on Wednesday. "The capture of Hudayfah al Yemeni and his associates will disrupt the organization's ability to plot and carry out operations," the statement said, adding no civilians were killed or hurt.
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Saudi envoy says in Yemen’s Houthi-held capital to ‘stabilize’ truce
Saudi Arabia's ambassador to Yemen said on Monday he had traveled to the country's Houthi-held capital to strengthen a truce and push dialogue that could end the country's eight-year-old war. “I visit Sanaa along with a delegation from the brotherly Sultanate of Oman to stabilize the truce and ceasefire,” Mohammed Al-Jaber said on Twitter in the first official comment from Saudi authorities about the trip.
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Could Riyadh be the Middle East’s next culinary capital?
Over the last three years, a multitude of fine dining restaurants have opened in the Saudi capital, coinciding with Saudi Arabia’s grand social and economic transformation spearheaded by Vision 2030. Crown Prince Mohammed bin Salman’s ambitious reform plan aims to increase household spending on cultural and entertainment activities to 6 percent, up 2.9 percent from when the Vision was unveiled in 2016.
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Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains
Yet venture firms, which tend to paint themselves as more virtuous than other asset providers in order to win over founders, have mostly remained highly secretive about any ties to the region. Which makes comments made yesterday by Horowitz at the Miami event all the more notable.
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After talks in Russia, Saudi Arabia warns price caps on its oil will spark retaliation
Saudi Energy Minister Abdulaziz bin Salman Al Saud has declared that the Kingdom will not sell oil to any country that imposes a price cap on its supplies. The posturing against potential oil price ceilings targeting Saudi oil notably follows consultations between Russia and Saudi Arabia. The diplomatic engagement in Moscow last week also resulted in the reaffirmation by both countries that agreed oil production cuts will be upheld.
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Saudi Arabia’s Energy Minister Slams NOPEC Bill And Price Caps
“The Nopec bill does not recognize the importance of holding spare capacity and the consequences of not holding spare capacity on market stability,” bin Salman said, adding that “Nopec would also undermine investments in oil capacity and will cause global supply to fall severely short of future demand.”
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