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Scratching the surface on the issues affecting U.S.-Saudi relations today + much more – The 966 Episode 36
- April 22,2022
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- SUSTG Team
Episode 36! The hosts scratch the surface on some issues affecting U.S.-Saudi relations – both now and in the past – and talk about the status of the U.S.-Saudi relationship today. First, the hosts talk about a recent op-ed by Prince Turki al-Faisal, ‘America should laugh with the Kingdom, not scowl’, amid U.S. media criticism […]
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New Rules Build on Saudi Efforts to Eliminate Use of Islamic Charities for Extremist Funding
- April 21,2022
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- SUSTG Team
New rules from the Saudi government have been put in place to make it harder for charities in Saudi Arabia to become donators to extremists causes both inside and outside of the Kingdom, according to a report. The Saudi Public Prosecution has banned the establishment of private websites to collect donations for charitable work outside the kingdom, in […]
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Saudi Stock Market Continues Hot Streak, is Sixth Strongest Globally in 2022
- April 19,2022
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- SUSTG Team
Saudi Arabia’s benchmark index, the Tadawul All Share Index (TASI), is the sixth best performing globally “and gains may not be over yet,” analysts and fund managers believe, according to Bloomberg.
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U.S. Navy Announces New Multinational Task Force to Patrol Red Sea off Yemen Coast
- April 14,2022
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- SUSTG Team
The U.S. Navy on Wednesday said it was establishing a new multinational task force that would target arms and other smuggling in the waters around Yemen, in a show of support for Saudi Arabia and the UAE with American power after persistent Houthi attacks.
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Saudi Arabia, Kuwait Invite Iran to Offshore Talks, SPA Says
- April 13,2022
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- SUSTG Team
Saudi Arabia and Kuwait invited Iran on Wednesday to hold negotiations to determine the eastern limit of a joint, energy-rich, offshore area, according to a report in Reuters, which cited the Saudi state-news agency SPA.
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Foreign Ownership in Saudi Stock Market Grows to $107.8 Billion – Report
- April 12,2022
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- SUSTG Team
According to a report from the Okaz/Saudi Gazette, the ownership of foreign investors in the Saudi stock market jumped to SR404.26 billion ($107.8 billion), or 3.36 percent of the total market value of the listed companies.
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Saudi Arabia’s ACWA Power Starts Construction at Green Hydrogen Project at NEOM
- April 7,2022
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- SUSTG Team
Saudi Arabia’s ACWA Power and its partners kicked off the construction work at the world’s largest green hydrogen project in NEOM, according to reports, as the Kingdom moves forward with aspirations to be a global leader in green energy. The project is a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy, and […]
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Saudi Non-Oil Private Sector Continues Solid Growth in March – Survey
- April 5,2022
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- SUSTG Team
Saudi Arabia’s non-oil private sector “kept up its solid pace of growth in March as output expanded at the fastest rate in over four years,” a survey showed on Tuesday.
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President Biden Praises Saudi Efforts Toward Peace in Yemen; Two-Month Ceasefire Begins
- April 4,2022
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- SUSTG Team
A UN-brokered two-month ceasefire in Yemen began on Sunday with warring parties agreeing to avoid conflict as the Holy Month of Ramadan begins, with President Biden praising Saudi Arabia’s diplomatic efforts in a statement.
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Former USMTM Chief Col. Brad Gandy Joins The 966 to Talk U.S.-Saudi Defense, Security Partnership and More
- April 1,2022
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- SUSTG Team
Episode 33! On last week’s episode, we talked about the huge transformation going on in Saudi Arabia’s military and USMTM’s role in it with author Bilal Saab, who has a book coming out on the subject. This week, the head of the USMTM from 2019-2021, Col. Brad Gandy, who heard last week’s episode and agreed […]
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MUST-READS
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Saudi Arabian Military Industries (SAMI)Saudi’s SAMI, Spain’s Navantia sign $991 million defense deal
In addition to combat systems integration, the new agreement will focus on system engineering and architecture, hardware design, software development, testing and verification, prototyping, simulation, and modeling, the report said. SAMI and Navantia signed an agreement last year to jointly manufacture five corvettes for the Saudi navy.
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IranIran’s Zarif Dismisses U.S. Space-Agency Sanctions As ‘Totally Ineffective’
Iran's foreign minister has accused the United States of an overreliance on sanctions and said the latest punitive measures out of Washington targeting his country's space and research sectors are "totally ineffective."
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SPACECOMUS Space Command Launches Thursday
The U.S. military has not created a command since U.S. Cyber Command was established in 2009. SPACECOM is the military’s 11th combatant command, and each have either a geographic or functional mission for military operations.
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ME Air TrafficAirspace Congestion in Middle East Poses Major Costs
According to Albakri, flight delays attributable to ATC issues in the region average 29 minutes. He said without urgent action that number could double by 2025, costing more than $7 billion in lost productivity for passengers and adding more than $9 billion to airline operating costs.
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MaerskSaudi Arabia’s ports authority issues license to Maersk to operate in all ports-SPA
Maersk currently has weekly containerised shipping services to the ports of Jeddah, King Abdullah, Dammam and Jubail
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UK NewspapersUK criticises Saudi purchase of newspaper stakes in court
The UK government has attacked as “unconventional, complex and clandestine” a Saudi investor’s purchase of large stakes in the companies that publish The Independent and Evening Standard newspapers, as it sought to justify probes into the sales at a competition tribunal.
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Middle East TravelIran-U.S. Spat Leaves Mideast Airlines Encircled by Hostile Skies
Airlines in the Middle East are used to avoiding trouble spots, but airspace closures spurred by mounting tension between Iran and the U.S. mean they now face diversions whether flying north, south, east or west. Conflicts in the region had left a legacy of no-fly zones long before the latest flareup between Washington and Tehran. Israeli airlines have been barred from skies above most other Mideast states for decades, while wars in Syria and Yemen mean overflights there are too risky, according to regulators. And rifts between Arab nations have added to the patchwork of no-go areas.
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QatarSpanish Connection Emerges In Case Of Mysterious Qatari Missile Seized In Italy
Qatar has all but said that the French-made Matra Super 530F air-to-air missile that Italian authorities recently recovered was among those it sold to Spain 25 years ago.
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SoccerGeneral Sports Authority of Saudi Arabia announces creation of elite performance centre in Spain
The General Sports Authority of Saudi Arabia has announced the creation of an elite performance centre in Europe, aimed at developing the Kingdom’s most promising young football talent. The four-year scholarship programme, confirmed on Monday, will select between 30-40 of the country’s best under-20 players to train for a year at the FutbolSalou complex, a specifically created facility in Salou, northeast Spain.
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PilatusSwiss ban aerospace firm Pilatus from operating in Saudi, UAE
In 2017, Pilatus signed a five-year maintenance contract on a fleet of 55 jets it sold to the Saudi military, while the UAE has bought 25 jets from the company used to train pilots. The company's work in the two countries amounts to "technical support, replacement parts management and rectifying faults affecting the Pilatus PC-21 aircraft," the foreign ministry said in a statement.
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