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Discussing the Venture Capital ecosystem in Saudi Arabia and the MENA with investor Amjad Ahmad and much more…
- October 2,2023
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- SUSTG Team
In episode 105 of The 966, Amjad Ahmad, a leading venture capitalist and seasoned investment professional with extensive experience in VC and private equity in emerging markets, joins to discuss the VC ecosystem in Saudi Arabia, the MENA region, and globally today. In addition to over two decades of experience investing in the region, Amjad […]
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Saudi Aramco expands into LNG by buying stake worth $500m in MidOcean Energy
- September 29,2023
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- SUSTG Team
Saudi Aramco, the world’s largest oil-exporting company, has signed a $500 million agreement to buy a minority stake in liquefied natural gas (LNG) company MidOcean Energy. This is Aramco’s first investment in LNG and is part of the company’s efforts to diversify its activity beyond its core oil business. The strategic partnership enables Aramco to tap into […]
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Lucid Opens First-Ever Auto Plant in Saudi Arabia
- September 27,2023
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- SUSTG Team
Lucid has opened the first ever car manufacturing plant in Saudi Arabia at the King Abdullah Economic City as the kingdom looks to establish itself as a global player in the EV race.
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Saudi Arabia Sends Envoy to West Bank as Progress in Talks with Israel Gather Pace
- September 26,2023
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- SUSTG Team
Saudi Arabia, which has engaged in U.S.-brokered talks with Israel to potentially normalize relations, Tuesday sent a delegation to the occupied West Bank for the first time in three decades, VOA reports.
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The CEO of Riyadh’s financial district, Gautam Sashittal, joins The 966 to talk about the Kingdom’s original giga-project and the city of the future
- September 22,2023
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- SUSTG Team
Gautam Sashittal, the CEO of Riyadh’s financial district that has redefined Riyadh’s skyline and is the city’s most sought-after business address and lifestyle destination, joins The 966 podcast. The district is home to many of Saudi Arabia’s largest companies and regional headquarters of international corporations doing business in the region, as well as the Kingdom’s […]
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4th Riyadh Season Unveils New Logo and Theme Ahead of Launch; New Zone Created Called ‘Boulevard Hall’
- September 20,2023
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- SUSTG Team
Saudi Arabia’s General Entertainment Authority (GEA, revealed a new logo and identity for the fourth edition of “Riyadh Season,” set to launch on October 28 under the banner of “BigTime.”
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US, Israel Deny Local Report That Saudis Freeze ‘Normalization’ Talks
- September 18,2023
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- SUSTG Team
Israeli and US officials on Monday denied a report in a Saudi-owned newspaper that Riyadh had frozen normalization talks with Israel because it refuses to make concessions to the Palestinians, Bloomberg reports.
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King Salman’s pivotal role in Saudi Arabia’s past and present with author and columnist David Rundell; plus, archaeology in Al Ula, Wa’ed’s new investment, and more…
- September 15,2023
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- SUSTG Team
Author David Rundell joins to discuss King Salman’s incredible impact on Saudi Arabia. King Salman has played an enormously pivotal role for the Kingdom of Saudi Arabia and the development of the modern Saudi state. Before the conversation, the hosts discuss an archaeology summit taking place in Al Ula this week, an interesting and exciting […]
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US, Bahrain Sign Strategic Security and Economic Agreement in Potential Model for Other Regional States
- September 14,2023
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- SUSTG Team
The US and Bahrain have upgraded their defense relationship under a new security and economic relationship which U.S. Secretary of State Antony Blinken said would expand defense and intelligence collaboration between the two countries, Reuters reports.
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Inaugural AlUla World Archaeology Summit Kicks Off in Saudi Arabia with Leading Heritage Experts in Attendance
- September 13,2023
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- SUSTG Team
From Sept. 13 to 15, Saudi Arabia will host the inaugural AlUla World Archaeology Summit in the Kingdom, organized by the Royal Commission for AlUla and taking place in AlUla’s Maraya Concert Hall.
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MUST-READS
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Saudi team saves life of Iranian medical mission head for Hajj after heart attack
A Saudi medical team saved the life of the Iranian medical mission head for Hajj after he suffered a heart attack, the official Saudi Press Agency reported on Monday. The Iranian man, Mohammad Reza Gholamreza Refatiani, had a heart attack while performing Hajj rituals.
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U.S. Army conduct medical training with Royal Saudi Land Force partners
U.S. Soldiers with Task Force Hurricane from the 1st Battalion, 124th Infantry Regiment, and Royal Saudi Land Force Soldiers conduct a nine-line medical evacuation onto a U.S. Army HH-60M MedEvac Black Hawk helicopter assigned to Task Force Longhorn, at Prince Sultan Air Base, Kingdom of Saudi Arabia, May 25, 2022. Tactical combat casualty care and medical evacuation training are essential skills for the U.S. Army and our allies in order to maintain joint mission readiness and interoperability.
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Tales of the Bedouin – Part XX: Journey to Meet The Son of Bathan
In this piece, Mark Lowey, known as “Abu Jack” (father of Jack) to his Saudi friends, is escorted deep into the Rub Al Khali (the Empty Quarter) to meet, for the first time, the son of an old acquaintance. In Part 1, Abu Jack and his Saudi traveling companion, Quriyan Al Hajri (Abu Mohammed), are guided to a remote desert encampment. In Part 2 the hosts welcome Abu Jack and Abu Mohammed with a fusillade of gunshots into the air and they are invited to a khabsa dinner. After an eventful evening and good night’s sleep, Abu Jack awakens before dawn. Part 1
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‘No progress made’ on Iran nuclear talks: US State Department
Indirect talks in Qatar's capital between Iran and the US on reviving a 2015 nuclear deal have concluded with "no progress made", a State Department spokesperson said late Wednesday. The negotiations in Doha were an attempt to reboot long-running European Union-mediated talks on a return to the 2015 agreement between Tehran and world powers.
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Gamers8 and Spotify partner for Saudi Arabia’s first live international esports season – Fast Company Middle East | The future of tech, business and innovation.
Gamers8, one of the biggest Esports and gaming events, has entered into an exclusive partnership with music streaming platform Spotify which will be the official audio streaming partner for the all-new esports and gaming season taking place live in Riyadh this summer.
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Saudi foreign direct investment inflows rise 9.5% in first quarter
Saudi Arabia recorded 9.5% increase year on year in foreign direct investment (FDI) flows during the first three months of 2022, the investment ministry said on Twitter on Tuesday. The FDI inflows were at 7.4 billion riyals ($1.97 billion) in the first quarter of 2022, the ministry added.
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Turkey’s wartime bridge to the West is collapsing
Russia’s unprovoked war of aggression in Ukraine has forced countries around the world to reexamine their geopolitical choices. Turkey, a strategic partner to both of the states at war, has been affected more than most nations. Caught in a lose-lose situation where taking any side in the conflict would lead to a major rupture with the other partner, it has tried to maintain amicable relations with both Russia and Ukraine.
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Saudi Arabia: IMF Staff Concluding Statement of the 2022 Article IV Mission
The authorities’ commitment to fiscal discipline should help further strengthen fiscal and external sustainability and avoid procyclicality while implementation of the ambitious structural reform agenda will help ensure a durable, inclusive and green recovery.
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Int’l Companies Race over Investment, Partnership Deals for Saudi Ports
Al-Jasser’s remarks were made during the signing ceremony of a new deal to establish a new fully integrated smart logistics park in Jeddah Islamic Port at an investment of over SR500 million ($133 million). The Saudi Ports Authority (Mawani) on Sunday signed an agreement with DP World, a world leader in global supply chain solutions. This is Mawani's fifth such deal following a series of agreements signed with local and global leading companies in maritime transport and logistics including Maersk, CMA CGM, LogiPoint and Bahri.
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Saudi Arabia Signs Climate and Environment Charter for Humanitarian Organizations
President of the Saudi Red Crescent Authority Dr. Jalal Al-Owaisi and an accompanying delegation participated in the first meeting of the Board of Directors of the International Federation of Red Cross and Red Crescent Societies (IFRC) following the win of the Kingdom of Saudi Arabia, represented by the authority, of membership of the board of directors during the elections of the 23rd meeting of the General Assembly of IFRC currently held in Geneva.
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