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Saudi Arabia’s tourism sector, carbon capture investments, and a conversation on Saudi-Iraqi history with Joshua Yaphe
- May 13,2022
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- SUSTG Team
In episode 43, the U.S. State Department’s Joshua Yaphe joins The 966 to discuss his book, “Saudi Arabia and Iraq as Friends and Enemies: Borders, Tribes and a Shared History.” Yaphe is a foreign affairs officer with the U.S. Department of State; responsible for research and analysis of political, economic, security and social affairs related […]
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With Energy Prices High, Saudi Aramco Again Becomes World’s Most Valuable Company
- May 12,2022
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- SUSTG Team
Elevated energy prices as a result of growing demand and supply shortages in the post-pandemic global economy boosted the value of Saudi Aramco to become the world’s most valuable company, according to reports.
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Kingdom Re-Launches Airports Privatization Strategy, Eyes 2023 Opening for Major Red Sea Tourism Project
- May 11,2022
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- SUSTG Team
Saudi Arabia is relaunching its strategy to privatize its airports in order to secure investment as it seeks to triple annual visitor numbers by 2030.
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Jon Alterman from the Center for Strategic and International Studies joins The 966 to talk about the Middle East in an evolving global order, U.S.-Saudi relations
- May 6,2022
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- SUSTG Team
In Episode 42, the ever-insightful Dr. Jon Alterman from the Center for Strategic and International Studies (CSIS), one of the leading think tanks in Washington, joins The 966 to talk about a changing global order and the Middle East’s role in it. The hosts ask Jon about his work to-date, including building the fascinating and […]
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Report: Saudi to Add Over $10b in Mining, Mineral Opportunities
- May 5,2022
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- SUSTG Team
Saudi Arabia is planning to offer several projects to the private sector to tap its massive mineral wealth with a value of more than 40 billion Saudi riyals ($10.6 billion), Zawya reports, citing a local newspaper.
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US Removes Saudi Arabia from Intellectual Property Protection Concern List – Report
- May 2,2022
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- SUSTG Team
Saudi Arabia has been removed from a US watchlist of countries it deems are weak at enforcing Intellectual Property rules, a step toward removing a significant obstacle in attracting foreign investment into the Kingdom.
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Dr. Fatimah Alhamlan from KFSHRC and founder of Rofaida joins The 966, Biden’s pick for Ambassador to Saudi, and more…
- April 29,2022
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- SUSTG Team
In Episode 40, Dr. Fatimah Alhamlan from King Faisal Specialist Hospital and Research Center (KFSHRC) and founder of Rofaida, a Women’s Health Organization, joins The 966 to talk about her life’s journey that took her as a young woman from Medina to becoming an American-educated PHD researcher, Eisenhower fellow, and now as a leader at […]
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King & Spalding Paper Examines Impact of New Privatization Law in Saudi Arabia
- April 28,2022
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- SUSTG Team
A new paper from law firm King & Spalding summarizes the new Privatization Law in Saudi and seeks to assess its impact in its first twelve months, “including the extent to which it has achieved its stated objectives, as well as to highlight key takeaways for industry participants and lessons learned from our experience in procurement […]
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Saudi Arabia Will Purchase Up to 100,000 Lucid Vehicles, Company Says
- April 27,2022
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- SUSTG Team
Electric carmaker Lucid Group Inc., which is owned by Saudi Arabia’s Public Investment Fund (PIF) on Tuesday said it has signed an agreement with the government of Saudi Arabia for the purchase of up to 100,000 of its vehicles over the next 10 years, according to Reuters.
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Oil Drops Below $100 as Higher Oil Prices Seen as Boon for Saudi Economy
- April 25,2022
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- SUSTG Team
Oil dropped at the start of the week below $100 as worry over a spreading Covid-19 outbreak in China might impact consumption even further, according to Bloomberg.
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MUST-READS
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Shisha TaxSaudi Arabia’s new 100% shisha tax sparks fury
A number of restaurants and cafes contacted by AFP said they believed that the tax applies to all table orders in any establishment that serves tobacco products, whether or not the order included shisha. The decision sparked an avalanche of criticism on social media networks where the Arabic hashtag "tax on hookah restaurants" is trending in the kingdom.
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CommerceKing and Spalding: Formation of partnerships in Saudi Arabia
What is the statutory basis for partnerships, and partnership-like structures in your jurisdiction? To what extent do these laws overlap or share features with company law?
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IranSaudi Arabia says it received distress message from damaged Iranian tanker: SPA
Saudi Arabia said it received a distress message on Friday from a damaged Iranian tanker in the Red Sea but the vessel kept moving and switched off its transponder before it could provide assistance, state news agency SPA reported on Saturday.
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Art and CultureFive Saudi Art Spaces To Know
As the Kingdom faces a wave of political change, the art scene is also hauled in a new direction with budding artists and pioneering galleries rapidly on the rise. Here are the ones nurturing creativity and intercultural exchange more than ever...
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Global Oil MarketsWith new spare capacity, Russia joins ranks of oil’s swing producers
“We have said we have some 300,000 bpd of spare capacity but today our potential is even higher because companies kept investing (during the production cuts),” he said, confirming that Russian spare capacity was around 500,000 bpd.
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Oil Facility AttacksGulf military chiefs say attacks on Saudi flew through GCC airspace
Gulf military leaders on Thursday condemned the use of their countries’ airspace to carry out attacks last month against a Saudi crude processing plant, a statement that indicated oblique backing for a U.S./Saudi account blaming Iran for the attack.
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Spanish CorvettesSaudi-Spanish Venture to Construct Corvettes
SAMI Navantia Naval Industries (SAMINavantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., marked the launch of construction for the first of five Avante 2200 corvettes with an official keel-laying ceremony in Cadiz, Spain. The surface combatants are being built at Navantia’s San Fernando shipyard and are due to be delivered by 2023.
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IraqIraq’s removal of counterterrorism chief sparks controversy
The decision sparked speculation that some among Iraq’s Iran-backed politicians were uneasy with the commander’s growing popularity among Iraqis. The Arab state finds itself increasingly caught in the middle between the U.S. and Iran, as the two countries lead rival blocs vying for influence in a tumultuous region.
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UAEBurj Khalifa lights up as UAE readies to enter space – Projects And Tenders – Construction Week Online
ISS is a space station in low Earth orbit launched in 1998, and is a joint project between five participating space agencies – the US’s Nasa, Russia’s Roscosmos, Japan’s JAXA, Europe’s ESA, and Canada’s CSA.
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Drone AttacksAramco Saudi Arabia: Attacks on oil supply wipe out spare capacity
The country’s national oil company, Saudi Aramco, has 35 to 40 days of supply to meet contractual obligations, according to a source close to the matter.
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