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Saudi Rescue Role in Sudan Continues to Draw US Praise as CENTCOM Commander Thanks Saudi Chief of Defense for Supporting the Evacuation of American Citizens
- May 2,2023
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- SUSTG Team
The commander of U.S. Central Command, Gen. Michael “Erik” Kurilla, called the Royal Saudi Chief of General Staff Gen. Fayyadh Al Ruwaili to thank him and the Kingdom of Saudi Arabia for its support in evacuating American citizens from Sudan amidst the conflict there, as Saudi Arabia continues to aid foreign nations in evacuating civilians […]
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Iran and Saudi Arabia Only Days Away from Re-Opening Embassies – Report
- May 1,2023
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- SUSTG Team
Saudi Arabia and Iran will reopen embassies in each other’s capitals “within days,” Reuters reports, citing Iranian Foreign Minister Hossein Amirabdollahian, though he did not give specific dates for each to re-open.
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Knight Frank’s Faisal Durrani joins The 966 to talk Saudi real estate, giga-projects and much more
- April 28,2023
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- SUSTG Team
In Episode 84, The 966 speaks with Faisal Durrani, partner and head of Middle East research for the global real estate company Knight Frank. Mr. Durrani shares some of the highlights and key information from Knight Frank’s recently-released 2023 report on real estate in Saudi Arabia, The Saudi Report 2023, a publication which touches on many […]
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Growing SRMG Media Group Launches LIST, a New Saudi Travel Magazine
- April 26,2023
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- SUSTG Team
SRMG, the largest integrated media group in the MENA region which includes widely-read publications like Arab News, Asharq Alawsat and others, has added a travel magazine to its portfolio: LIST Magazine will focus on the travel and tourism offerings from Saudi Arabia, the region and the world, according to reports.
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President Biden thanks Saudi Arabia as Kingdom Plays Key Role in Sudan Evacuations
- April 24,2023
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- SUSTG Team
Saudi Arabia hosted more than 150 people from various nations who were evacuated from war-torn Sudan, including from the United States, according to reports.
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Talking tech in the MENA with MEI’s Mohammed Soliman, King Salman Park in Riyadh, Saudi’s growing soccer league, and much more…
- April 21,2023
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- SUSTG Team
Eid Fitr Mubarak! In Episode 84, Mohammed Soliman, the director of the Middle East Institute’s Strategic Technologies and Cyber Security Program and a Manager at McLarty Associates’ Middle East and North Africa Practice, joins The 966. Mohammed’s work focuses on the intersection of technology, geopolitics, and business in the Middle East and North Africa (MENA). […]
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STC Expands in Europe with Acquisition of Portfolio of Tower Assets in Europe
- April 20,2023
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- SUSTG Team
TAWAL, a unit of Saudi Telecom Company (stc), agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe’s telecoms market,” Reuters reports.
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Secretary Blinken, Saudi Foreign Minister Prince Faisal bin Farhan Al Saud Speak by Phone as Middle East Diplomacy Heats Up
- April 19,2023
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- SUSTG Team
U.S. Secretary of State Antony Blinken spoke with Foreign Minister Prince Faisal bin Farhan Al Saud by phone on Tuesday to talk about regional diplomatic issues, including Yemen, according to a statement by the State Department.
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Unemployment in Saudi Arabia Reaches Record Low with Women Driving the Change — Jadwa Investment
- April 18,2023
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- SUSTG Team
The unemployment rate in Saudi Arabia dropped to 8 percent at the end of 2022, down from 11 percent in 2021, with women driving that positive change, according to a recently-released report from Jadwa Investment, citing the General Authority for Statistics’ (GaStat) latest labor market release.
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Iran and Saudi open embassies as thaw continues, U.S.-Saudi diplomacy evolves, and much more
- April 14,2023
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- SUSTG Team
In Episode 82, the 966 hosts fly solo and discuss some of the top developments of late on Saudi Arabia – and there are a lot of them. First, the hosts discuss Richard’s One Big Thing, which is the readout of the recent call between the U.S. National Security Advisor, Jake Sullivan, and Saudi Arabia’s […]
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MUST-READS
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Department of State Dedicates New U.S. Consulate General in Dhahran, Kingdom of Saudi Arabia
In an important symbol of our partnership with the Kingdom of Saudi Arabia, Deputy Assistant Secretary of State for Arabian Peninsula Affairs Daniel Benaim, U.S. Embassy Riyadh Chargé d’Affaires Martina Strong, and U.S. Consul General in Dhahran David Edginton officially dedicated the new U.S. Consulate General campus in Dhahran. The new campus is situated on a 10.5-acre site in the Al Andalus District in the city of Al-Khobar and incorporates numerous sustainable features to conserve resources and reduce operating costs, including demand-controlled ventilation, efficient site lighting, and on-site wastewater treatment and reuse. It achieved Leadership in Energy and Environmental Design (LEED®) Silver certification—a globally recognized mark of achievement in high-performance, best-in-class, green buildings. Skidmore, Owings & Merrill, LLP of Washington, D.C., was the design architect for the project, and Caddell Construction Company, LLC of Montgomery, Alabama, constructed the complex, employing a workforce of roughly 800 U.S., Saudi Arabian, and third-country nationals and injecting approximately $95 million into the local economy.
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Third-quarter profit of Saudi Arabia’s 10 largest banks rise 9.3% on interest income boost
The aggregate net profit of Saudi Arabia's 10 largest banks increased by 9.3 per cent on quarterly basis in the third quarter of this year, driven by higher interest rates and lower impairment charges, according to professional services consultancy Alvarez & Marsal. The banks' cumulative net income for the three months to the end of September rose to 16.5 billion Saudi riyals ($4.4 billion), the consultancy said in its latest Saudi Arabia Banking Pulse report.
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Saudi Arabia brought down to earth by Poland at World Cup
Saudi were beaten 2-0 at Education City Stadium on Saturday, when Piotr Zielinski and Robert Lewandowski struck towards the end of each half, and Salem Al Dawsari’s missed penalty and Abdulellah Al Malki’s mistake proved too costly. Saudi were dominant yet not decisive, the better team for much in front of a fervent support, but their World Cup dream remains in the balance. Attempting to reach the knockouts for only the second time in six attempts, they have it all to do again in Group C. It comes down to Mexico on Wednesday.
- Al-Arabiya - Herve Renard: ‘Proud of players’ as no one imagined Saudi could play at this level
- Fox - Saudi Arabia’s coach Herve Renard’s viral speech is everything
- Daily Mail - Robert Lewandowski was worthy of his big World Cup moment but Wojciech Szczesny was the real hero as Poles claimed a crucial win
- Reuters - Saudi Arabia in the mix for last 16 ahead of Mexico clash
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Safety and decarbonization lie at the heart of Saudi Arabia’s national drilling champion
For 60 years, Arabian Drilling has been a pioneer in Saudi Arabia’s oil and gas industry with operational excellence in performance, quality and safety underpinning its growth and contribution to the Saudi economy and society.
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Ultra-exclusive party brand Faena coming to The Red Sea in Saudi Arabia
Faena is as much a hotel as it is an entertainment hub, with its own threatrical productions in Miami and Buenos Aires. Rooted in the idea of ‘personal expression,’ the hotels stay busy well into the night, visited by celebrities such as Beyonce and Jay-Z, Leonardo DiCaprio, Naomi Campbell and Madonna.
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Noor Riyadh: annual festival of light and art ready to illuminate Saudi Arabia’s Capital, with over 190 artworks by more than 130 local and international artists
Noor Riyadh is an annual festival of light and art, taking place across 40 locations throughout the capital of Saudi Arabia. From November 3 - 19, 2022, over 190 artworks illuminate the city of Riyadh with immersive site-specific installations, monumental public artworks, ephemeral sculptures, art trails, virtual reality, building projections and drone shows, transforming Riyadh into a dazzling night-time ‘gallery without walls’. The festival is co-curated by Hervé Mikaeloff, Dorothy Di Stefano and Jumana Ghouth.
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Saudi Arabia’s economy grows 8.6% in third quarter as oil activities accelerate
Saudi Arabia's economy expanded by 8.6 per cent in the third quarter of 2022, driven by higher oil prices and government reforms, the kingdom's statistics body said. Growth in the Arab world's biggest economy in three months that ended in September is up from 6.8 per cent from a year ago, the General Authority for Statistics (Gastat) said in its flash estimates report on Monday.
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Saudi Arabia’s economy grows 8.6% in third quarter as oil activities accelerate
Saudi Arabia's economy expanded by 8.6 per cent in the third quarter of 2022, driven by higher oil prices and government reforms, the kingdom's statistics body said. Growth in the Arab world's biggest economy in three months that ended in September is up from 6.8 per cent from a year ago, the General Authority for Statistics (Gastat) said in its flash estimates report on Monday.
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Turkey seeks Saudi partnership cooperation as it plans to be an energy hub to Europe, minister tells Arab News
“Turkey from its geographical position is an energy corridor from Russia, Iran, and Saudi Arabia. Any kind of natural gas or oil that is going to be transported or shipped, will cost less and will be more safely shipped,” Nureddin Nebati told Arab News in an interview.
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Al Bawani starts work on Lucid’s hitech plant in Saudi Arabia
The new facility will come up on a 1.3-million-sq-m campus plot at the King Abdullah Economic City (KAEC). The new plant targets 155,000 vehicles per year. Al Bawani said it has already begun work on the first phase of the plant, which will manufacture the longest range and the fastest charging electric cars in the market. The company’s first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design that features luxurious full-size interior space in a mid-size exterior footprint.
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