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Three Killed, Six Injured in Deadly Houthi Drone Attack on UAE Capital
- January 18,2022
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- SUSTG Team
Yemen’s rebel Houthi movement said Monday it had carried out a military attack on the United Arab Emirates, attacking the airport in Abu Dhabi and an industrial area and killing three people, according to reports.
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The 966 Episode 21: A deep dive on the homegrown Saudi defense industry and the U.S.-Saudi security relationship with David Des Roches
- January 14,2022
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- SUSTG Team
Episode 21 of The 966 has the hosts welcoming special guest and security expert David Des Roches, Associate Professor at the National Defense University and a Non-Resident Fellow, AGSIW. Des Roches joins The 966 to discuss the status of the U.S.-Saudi security relationship and how Saudi Arabia is progressing in its efforts to develop a homegrown […]
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Al Attiyah Keeps Sizable Lead in Dakar Rally; Saudi Officials Find ‘No Criminal Suspicions’ in Last Week’s Blast
- January 10,2022
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- SUSTG Team
Qatar’s Nasser Al-Attiyah kept a sizable lead going in the Dakar Rally as it enters its second week, as Sebastien Loeb moved back into second place with a stage victory at the start of week two in Saudi Arabia on Sunday, according to Reuters.
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The 966 Episode 20: The Dakar Rally’s coolest truck, Saudi coffee, a look at the Saudi mining sector, and much more
- January 7,2022
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- SUSTG Team
Episode 20! The 966 Hosts discuss Gaussin’s hydrogen-powered Dakar Rally truck in partnership with Aramco, why Saudi coffee is so delicious and how 2022 is “The Year of Saudi Coffee,” the mining and minerals sector in Saudi Arabia, a discussion oil in 2022, and much more in the program’s “Yallah” final segment.
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The 966 Talks Energy, Renewables, and Climate with Energy Expert Kate Dourian
- January 5,2022
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- SUSTG Team
The 966’s introduces its first topical discussion format with energy expert Kate Dourian, non-resident fellow at the Arab Gulf States Institute in Washington and contributing editor at MEES, the Middle East Economic Survey. Kate is also a former editor and veteran journalist covering energy and more in the region for Reuters and Platts. Kate joins […]
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Saudi Arabia’s Pension Fund Says it Hit Returns of 14% as it Reveals Finances for First Time – Report
- January 4,2022
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- SUSTG Team
The investment arm of Saudi Arabia’s General Organization for Social Insurance, the Kingdom’s pension fund, said it delivered returns of over 14% last year, as markets globally experienced strong growth, according to a report in Bloomberg.
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Report: OPEC+ Expected to Increase Output in February as Planned — Reuters
- January 3,2022
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- SUSTG Team
Three sources from OPEC+ told Reuters Monday that the group is likely to stick with planned increases in production in February, meaning the group foresees a mild and short-lived impact on demand from the Omicron coronavirus variant.
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The 966 Episode 19: Saudi Arabia’s ‘Nitaqat’ Reforms and Doing Business in Riyadh with Guest Chris Johnson
- December 31,2021
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- SUSTG Team
Episode 19 of The 966 weekly podcast with special guest Chris Johnson, managing attorney, Johnson & Pump and Chairman, MECACC & KKR Saudi Arabia. Chris is a resident of Riyadh and, along with his legal work, publishes a terrific weekly newsletter. The hosts and Chris discuss a handful of topics including Nitaqat in Saudi Arabia, […]
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Shrugging off Omicron Threat, Oil Rallies Near $80 on Brent
- December 28,2021
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- SUSTG Team
Oil prices extended gains on Tuesday December 28th, with Brent crude trading near $80 a barrel despite the rapid, worldwide spread of the Omicron coronavirus variant. WTI also continued a months-long rally, rising to $76.28. U.S. crude oil prices hit a high of $86.40 per barrel in October this year.
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Saudi Arabia Plans PIF Takeover of Airport Operators with Eyes Toward Privatization
- December 21,2021
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- SUSTG Team
Saudi Arabia plans to convert its airport operators into holding companies and transfer them to the Public Investment Fund (PIF), according to a Reuters report, citing Abdulaziz Al-Duailej, the head of Saudi Arabia’s General Authority of Civil Aviation. Some of the new companies may eventually be privatized, according to Al-Duailej.
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MUST-READS
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World Cup 2022 Team Guides, Group C: Argentina, Saudi Arabia, Mexico, Poland
Argentina is the favorite to win this group, so the real narrative is, who comes in second? Mexico and Poland will likely battle for that spot, though Saudi Arabia is no slouch as an opponent. Robert Lewandowski leads a strong Poland side, while El Tri has the potential to go far in the tournament, especially with a rowdy fan base in tow. Meanwhile, the Saudis have confidence heading into Qatar after winning their Asian qualifying group and tying the United States in a September friendly — can they pull off a group stage upset?
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Funding for Saudi Green-Hydrogen Plant at Neom Almost Done, Says ACWA
The financing for a green-hydrogen plant in Neom in Saudi Arabia -- set to be one of the world’s largest -- may be completed in the coming months, according to ACWA Power Co. Construction of the $5 billion project in the north-west of the kingdom has started and it’s “very much on track” to be finished on schedule in 2026, Paddy Padmanathan, chief executive officer of ACWA, said in an interview.
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UAE meddled in U.S. political system, intelligence report says
The document was compiled by the National Intelligence Council and briefed to top U.S. policymakers in recent weeks to guide their decision-making related to the Middle East and the UAE, which enjoys outsize influence in Washington. The report is remarkable in that it focuses on the influence operations of a friendly nation rather than an adversarial power such as Russia, China or Iran. It is also uncommon for a U.S. intelligence product to closely examine interactions involving U.S. officials given its mandate to focus on foreign threats.
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Saudi Aramco Eyes Hydrogen Deals in Japan
Al-Falih said that the Saudi-Japan Vision 2030 meeting came just before Saudi Arabia’s Crown Prince Mohammed Bin Salman’s state visit to Japan from Nov. 19-21. The minister said that 89 of the initiatives from the vision are “being materialized, with some already completed.” He added that it was important to not only to ensure the quantity of these initiatives, but to also emphasize their quality.
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Saudi Aramco Eyes Hydrogen Deals in Japan
Al-Falih said that the Saudi-Japan Vision 2030 meeting came just before Saudi Arabia’s Crown Prince Mohammed Bin Salman’s state visit to Japan from Nov. 19-21. The minister said that 89 of the initiatives from the vision are “being materialized, with some already completed.” He added that it was important to not only to ensure the quantity of these initiatives, but to also emphasize their quality.
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Is rare killing of US citizen tied to battle over Iraq’s top spy agency?
A shadowy Shiite armed group has claimed responsibility for the rare assassination of an American citizen in Baghdad. Given the perpetrator’s apparent links with Asa’ib Ahl Al-Haq, which is maneuvering to lead Iraq’s main intelligence and security agencies, speculations have emerged of grander political objectives being at play. Of further note, the assassination has been followed by reported Israeli airstrikes along the Iraq-Syria border.
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In a first, Israeli general opens up about use of armed drones
Israel on Wednesday described what has been an open secret for two decades - that it has used drones not just for surveillance but also in strikes within the country, against Palestinian militants in Gaza, and possibly targets as far away as Iran or Sudan. Israeli censors in July permitted publication of information about the armed drones and the chief of Israel's artillery corps - which runs the drones together with the air force - used his speech at an industry forum to give what he described as a first public account of the armed versions of the pilot-less planes.
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2022 FIFA World Cup in Qatar Beer Status: Budweiser Has Emergency Supplies Ready
Stocking up for the FIFA 2022 World Cup, which starts Nov. 20, has been a monumental undertaking for the World Cup’s official beer. The beverage brand expects more beer will be consumed during the tournament than would typically happen during an entire year in the country, according to Peter Kraemer, AB InBev’s chief supply officer.
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Iran Protests: How Gen Z Is Driving the Uprising
This generation, born between 1997 and 2012, is social media savvy despite intermittent internet shutdowns and draconian internet censorship. Frustrated and angry with the status quo, they aren’t afraid to express themselves online or in person nor to push the red lines of the Islamic Republic. And they’re shaking up the aging, sclerotic clerical establishment to a degree not seen since the country’s 1979 revolution.
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Egypt doesn’t want its human rights record on the COP27 agenda
In an interview at the ministry office this week, Aboulmagd insisted that it isn’t up to him to choose the summit’s priorities, and that a successful COP requires incremental progress on all climate-related issues, from reducing emissions to drumming up more cash from wealthy nations to help developing countries pay for clean energy, climate adaptations, and economic losses from climate impacts. Activists can and should play and important role, he said, but he was clear that Egypt’s human rights record—which has come under fire in the last few weeks—should not be on the table.
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