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Recent stories from sustg
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An Exclusive Interview with Lina Almaeena on The 966 Podcast
The 966 interviews Saudi Arabia’s Lina Almaeena, who spent well over a decade leading the charge for women’s sports in Saudi Arabia after co-founding Jeddah United Sports Club in 2006. Almaeena then served on Saudi Arabia’s consultative body, the Shura Council, and continues to work to advance women’s empowerment in Saudi Arabia in line with […]
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The 966 – Episode 6: A Multi-Billion Dollar EV Investment in Saudi Arabia, Power Demand in the Kingdom, and Economic Free Zones?
In episode 6 this week, the hosts discuss an Australian company that is making a big bet on electric vehicles in Saudi Arabia with a massive mining investment, the use of power in Saudi Arabia flattens out, and the Kingdom explores the possibility of economic free zones to attract foreign investment in Saudi.
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Introducing The 966 – A New Show from the SUSTG Team Discussing All Things Saudi Arabia
The SUSTG Team launched a new podcast and show, The 966, and will be publishing weekly updates and exclusive interviews and conversations with Saudi business leaders, officials, newsmakers and others. Episodes are available on the show’s website, 966.transistor.fm, and on Apple Podcasts, Spotify, YouTube, and several other platforms.
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U.S. National Security Adviser Jake Sullivan Visits Saudi Arabia, Meets with Crown Prince Mohammed bin Salman
President Joe Biden’s national security adviser, Jake Sullivan, visited Saudi Arabia on Monday and met with Crown Prince Mohammed bin Salman, according to reports.
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Saudi Arabia’s ACWA Power International, Key in Kingdom’s Renewable Plans, Set to IPO
Saudi Arabia’s ACWA Power International, described as one of Saudi Arabia’s main vehicles for building renewable energy projects, is set to raise up to 4.55 billion riyals ($1.21 billion) in its initial public offering, Bloomberg reports.
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Saudi Arabia Emphasizes ‘A New National Mind-Set’ for $1 Trillion in Mining Opportunities
Saudi Arabia is re-energizing its efforts to attract foreign investment into local mining and minerals opportunities, with the Kingdom’s Vice-Minister of Mining Affairs declaring that Saudi has a “a new national mind-set” on the sector.
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Saudi Arabia’s Technology Ministry Announces ‘LaunchKSA’ to Power Digital Innovation with $1 Billion Backing
Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) announced the launch of LaunchKSA, which promises to enhance innovation, augment digital know-how, support youth, and transform Saudi Arabia into the region’s largest digital economy.
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Saudi Arabia’s June Non-Oil Exports Rise by 41%; Oil Exports Rise 123% to Over $16 billion
The value of Saudi Arabia’s non-oil exports, a key indicator for the Kingdom’s ongoing effort to diversify its economy, soared 41% in the month of June, according to reports citing official data released by the government on Tuesday.
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IATA Lauds Saudi Embrace of Travel Pass for Covid Vaccination Clearance
The International Air Transport Association (IATA) said in a press release that it welcomed the decision of the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia to accept IATA Travel Pass to confirm pre-departure COVID-19 test results for departing and arriving passengers starting 30th of September 2021.
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Saudi Issues Record Number of Foreign Investor Licenses in a Single Quarter, MISA Says
Saudi Arabia’s Ministry of Investment (MISA) reported issuing 478 new licenses in the first quarter of 2021, “the most number in a single quarter since records began in 2005” and a 36% increase from the same quarter last year, according to reports.
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MUST-READS
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U.N. vote as early as Friday on Yemen arms embargo: diplomats
The U.N. Security Council could vote as early as Friday on a resolution to blacklist the son of the Yemen's former president and a Houthi leader and effectively impose an arms embargo on the rebels that rule most of the country, diplomats said.
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The Part of Obama’s Arms-To-Egypt Deal That Matters
Little understood, but critically important, cash-flow financing is how the U.S. has provided security assistance to only two countries: Israel and Egypt. Essentially, it works as a credit card, allowing these countries to finance the purchase of American weapons with money advanced to them. President Obama has proposed taking away Egypt’s credit card and instead giving it a debit card, so the weapons purchases will be taken out of Egypt’s annual defense allocation.
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White House Reversal Will Send Arms to Egypt
In a phone call with Egyptian President Abdel Fattah al-Sisi, President Barack Obama said he would release 12 F-16 fighter jets, 20 Harpoon anti-ship missiles and up to 125 M1A1 tanks for export to Egypt, lifting the hold that has been in place in 2013.
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Sweden tears up arms agreement with Saudi Arabia over blocked speech
Sweden has torn up a decade-long arms agreement with Saudi Arabia after the Saudis blocked the Swedish foreign minister from speaking about human rights to a summit of Arab leaders.
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Swedish frustration with Saudis over speech may jeopardise arms agreement
Foreign minister Margot Wallström says Saudi Arabia prevented her talking to the Arab League, as Swedish parties debate whether to renew military memorandum
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Inside the Glitz of a Middle East Arms Show
IDEX is much like Washington’s mega-military tradeshow and convention known as AUSA, by the Association of the United States Army. But the show in Abu Dhabi is much larger, thanks to the attendance of many international firms, including U.S.adversaries. Arms made in China, Russia and even Sudan, countries that don’t attend tradeshows in the United States, are all on display here and their military leaders roam – and deal – freely.
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Inside the Glitz of a Middle East Arms Show
American firms have tamped down their presence at U.S. and European trade shows, but you couldn’t tell it here. They’re beefing up their presence at a shows like IDEX, as Middle Eastern leaders look to stock up on arms to counter Islamic State militants and deter Iran.
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France to begin deliveries on $3 billion Saudi-financed arms deal to Lebanon in April
France says it will begin shipping $3 billion worth of weapons paid for by Saudi Arabia to the Lebanese army in April.
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Libya urges UN to lift arms embargo to tackle IS
Libya has asked the UN Security Council to lift an arms embargo so that it can deal with the Islamic State (IS) group and other militants.
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Saudi/French arms shipment to Lebanon to arrive in April
The Saudi grant, which was announced on Dec. 29, 2013, is now more than 400 days old, and the senior French official chose the only day regarded by both the Lebanese and the French as a joke to implement it.
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