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US EIA: Non-OPEC Countries will Account for a Higher Percentage of Oil Production Gains this Year and Next
- April 12,2023
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- SUSTG Team
Non-OPEC countries will account for a higher percentage of oil production gains this year and next, the U.S. Energy Information Administration predicted on Tuesday – a reversal of the last two years.
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Huawei in Talks With Saudi Authorities for Middle East HQ Move to Saudi Arabia
- April 10,2023
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- SUSTG Team
Huawei Technologies Co., the Chinese multinational technology corporation, is looking to make Riyadh its headquarters for its growing Middle East operations, according to a report.
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Bilal Saab on U.S.-Saudi military cooperation, how the Kingdom is performing on its green initiative, and more
- April 7,2023
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- SUSTG Team
The 966 welcomes back onto the program Bilal Saab, political-military analyst on the Middle East and U.S. policy toward the region and Senior Fellow and Director of the Defense and Security Program at the Middle East Institute. The hosts ask Bilal about his recent piece, entitled “After Oil-for-Security: A Blueprint for Resetting U.S.-Saudi Security Relations.” Before […]
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CIA Director Bill Burns visits Saudi Arabia to Reinforce US Commitment to Intelligence Cooperation
- April 6,2023
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- SUSTG Team
The head of the U.S. Central Intelligence Agency (CIA), Bill Burns, visited Saudi Arabia this week to meet with Saudi officials and reinforce Washington’s commitment to intelligence cooperation, a US official told Al Arabiya English.
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Challenges Remain for Investment into Saudi Arabia as FDI Falls 60% in 2022
- April 4,2023
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- SUSTG Team
Foreign direct investment (FDI) into Saudi Arabia fell by almost 60% in 2022, the first annual drop in five years and the second largest drop in more than 15 years, according to new data.
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Honeywell to open state-of-the-art regional manufacturing center in Saudi Arabia’s King Salman Energy Park
- April 3,2023
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- SUSTG Team
Honeywell signed a deal to open an advanced regional manufacturing center at the King Salman Energy Park (SPARK) — Saudi Arabia’s new energy industrial zone, according to a press release.
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Top U.S. Commercial Officer in KSA James Golsen, U.S.-Saudi trade after the Boeing-Riyadh Airways deal, and experiencing Al-Ula
- March 31,2023
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- SUSTG Team
In Episode 80 of The 966 Podcast, Mr. James Golsen, Senior Commercial Officer for Saudi Arabia and Bahrain, discusses his work building U.S.-Saudi trade and business relations and his journey to the important post. The 966 hosts talk with James about his role building U.S.-Saudi trade relations and enhancing investment opportunities in Saudi Arabia. They also […]
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Kingdom Targets New ‘Underground River’ Longer than Nile to Address Water Needs
- March 30,2023
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- SUSTG Team
Saudi Arabia is planning to launch the world’s largest potable water project by digging a “river” four meters deep, 11 meters wide and 12,000 kilometers long, aimed at surpassing the Nile river, according to a local reporter and published in Arabian Business.
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Understanding the Saudi-Iran agreement with a trio of special guests: Saudi Embassy Spokesperson Fahad Nazer, CSIS’ Dr. Jon Alterman, and Saudi Foreign Policy Expert Dr. Aziz Alghashian
- March 24,2023
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- SUSTG Team
Saudi Arabia and Iran recently agreed to normalize ties between the two regional powers after seven years. The 966 speaks with three top voices to understand the deal and the potential road ahead for Saudi Arabia, Iran, China, the United States, and other regional and global players.
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Saudi Astronauts Meet with HRH Ambassador Reema bint Bandar; Set to Conduct Cloud-Seeding Experiments in Space
- March 22,2023
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- SUSTG Team
Two Saudi astronauts who are heading to the International Space Station met this week with HRH Princess Reema bint Bandar Al-Saud, Saudi Arabia’s Ambassador to the United States, who shared a photo of the meeting on social media.
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MUST-READS
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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.
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The Heart of Arabia Expedition
The Heart of Arabia Expedition, which will recreate in two stages Harry St. John Philby’s epic crossing of Arabia from east to west. Mark’s expedition will begin next month, on November 15th, the very day that Philby began his journey 105 years ago. Accompanying him on this trip is Philby’s Saudi granddaughter Reem, photographer Ana-Maria Pavalache and Alan Morrissey, who is handling all logistics for the team. As on Mark’s previous trips, time will be set aside for scientific research. Specific projects include studying bats inhabiting abandoned mud buildings, collecting data on neolithic flint tools, locating meteoric craters and a project related to how people respond to isolation.
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The Heart of Arabia Expedition
The Heart of Arabia Expedition, which will recreate in two stages Harry St. John Philby’s epic crossing of Arabia from east to west. Mark’s expedition will begin next month, on November 15th, the very day that Philby began his journey 105 years ago. Accompanying him on this trip is Philby’s Saudi granddaughter Reem, photographer Ana-Maria Pavalache and Alan Morrissey, who is handling all logistics for the team. As on Mark’s previous trips, time will be set aside for scientific research. Specific projects include studying bats inhabiting abandoned mud buildings, collecting data on neolithic flint tools, locating meteoric craters and a project related to how people respond to isolation.
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Earthquake strikes Saudi Arabia’s Tabuk
An earthquake measuring 3.38 on the Richter scale struck Saudi Arabia’s Tabuk region on Sunday evening, the Saudi Press Agency (SPA) reported.
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Son of US citizen detained in Saudi Arabia says State Department neglected father’s case
The son of a U.S. citizen being detained and allegedly tortured by Saudi Arabia over tweets he posted criticizing the kingdom told The Washington Post that the State Department neglected his father’s case.
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Laila al-Jindan: ‘Art and culture are experiencing their best moment in Saudi Arabia’
Laila al-Jindan is a Saudi artist; I have a very special relationship with art and I have been aware of this since I was a child, especially with music and drawing, my two great weaknesses. Since I was a child, I used to take piano lessons and spend my free time drawing, which I enjoyed very much. Although I liked plastic arts and drawing, I couldn't devote myself to it, which was my true vocation and what I really liked. At that time it was not a discipline that enjoyed a lot of social support and this made me think about continuing my studies in computer science at university, and I devoted myself to art much later.
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Saudi Arabia’s Almarai reports 13% rise in third-quarter profit on higher revenue
Saudi Arabia's Almarai, the Middle East's largest dairy company, has reported a more than 13 per cent rise in third-quarter net profit on the back of higher revenue, as the Arab world’s largest economy continues to recover from the Covid-19-induced slowdown. Consolidated profit attributable to shareholders for the three-month period ending September 30 climbed to 463.1 million Saudi riyals ($123.49m), compared with 409m riyals during the same period last year, the company said in a statement on Sunday to the Saudi stock exchange Tadawul, where its shares are traded.
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Foster + Partners unveils marine life institute in Saudi Arabia
Foster + Partners reveals a first look at the new state-of-the-art marine life institute designed for luxury tourism development destination The Red Sea Project. The world’s first fully immersive experiential marine center located along the Red Sea coastline of Saudi Arabia will function as both a scientific research hub and a tourist destination, with 10 zones hosting various multidimensional experiences bridging educational exhibitions with adventure-filled excursions.
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Saudi Arabia’s Wealth Fund Offers Three-Part Debt in Green Bond Debut
Saudi Arabia’s sovereign wealth fund is selling a world-first dollar century green bond in its debut foray in to ethical debt as it seeks to burnish its environmental credentials. The Public Investment Fund or PIF, as it is known, is offering debt in three tranches, according to people familiar with the matter, who aren’t authorized to speak publicly and asked not to be identified.
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Saudi Arabia implements Data Driven-Government to realise digital economy as part of the Vision 2030
Saudi Arabia, which is executing the third phase of the three-stage data-driven government or the National Strategy for Digital Transformation, is currently bringing all the public services under a single digital platform as part of the Smart Government Strategy (2020-2024), that once implemented, will deliver public services through smart phones, on the citizen’s fingertips.
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