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An evolving U.S.-Saudi relationship, jaw-dropping developments and progress on the Red Sea, and much more….
- March 10,2023
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- SUSTG Team
Episode 78! The 966 hosts fly solo this week ahead of a busy week of travel to Saudi Arabia and the region and an impressive slate of forthcoming guests in the coming weeks. This week the hosts discuss a recent collection of articles and items in the media that paint a picture of a U.S.-Saudi […]
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Saudi Arabia Records 31 Percent Rise in Government Revenues in 2022 – MOF
- March 9,2023
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- SUSTG Team
Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
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Polish Prime Minister Mateusz Morawiecki Visits Riyadh, Meets with Crown Prince Mohammed bin Salman
- March 8,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman “reviewed relations and issues of mutual concern” with Polish Prime Minister Mateusz Morawiecki on Tuesday in Riyadh.
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PIF to Host Major Private Sector Forum Set for March 14-15; Announcements Expected at Event to ‘Strengthen Saudi Local Economy’
- March 7,2023
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- SUSTG Team
Saudi Arabia’s sovereign wealth fund is all set to host a private sector forum next week in Riyadh at the Four Seasons to strengthen the Kingdom’s local economy.
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Royal Decree Names Salman al-Dosary as Saudi Arabia’s new Minister of Media
- March 6,2023
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- SUSTG Team
Saudi Arabia’s King Salman announced a series of Royal Decrees in a minor reshuffling of some top leadership positions.
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Steve Lutes, Vice President, Middle East Affairs at U.S. Chamber of Commerce joins The 966
- March 3,2023
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- SUSTG Team
Steve Lutes, Vice President, Middle East Affairs at U.S. Chamber of Commerce, has been active in his role expanding the program in service to the Chamber’s membership and the broader U.S.-Saudi relationship. The 966 hosts discuss the U.S.-Saudi Arabia Business Program that Steve has grown over the years, his extensive travels to the region and […]
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Report: Saudi Arabia’s Acwa Power Eyes Three More Giant Hydrogen Plants
- March 2,2023
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- SUSTG Team
Saudi Arabia’s ACWA Power company is looking beyond its already ambitious plan to build a massive green hydrogen plant in NEOM, possibly adding as many as three more plants of a similar size and scale in the Kingdom, according to a scoop from Bloomberg.
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Saudi NEOM Green Hydrogen Co. Signs $8.5bn Finance Deals
- March 1,2023
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- SUSTG Team
Saudi-based NEOM Green Hydrogen Co. has signed finance agreements with several financial institutions totaling $8.5 billion, Arab News reports, to finance its clean energy facility.
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Saudi Economy in 2023 Report: Saudi Non-Oil Economy Forecasted to Grow Over 5% — Jadwa Investment
- February 28,2023
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- SUSTG Team
Riyadh-based Jadwa Investment says it sees Saudi Arabia’s non-oil economy continuing its growth streak through 2023, “growing well in excess of 5 percent,” according to a report issued by Jadwa.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Makes Surprise Visit to Ukraine, Signs Deals
- February 27,2023
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- SUSTG Team
Saudi Arabia’s foreign minister Prince Faisal bin Farhan Al-Saud made a surprise visit to Ukraine’s capital, Kiev, and met with Ukraine’s President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dmytro Kuleba, and others.
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MUST-READS
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Media district project launched in Jeddah
The Saudi Ministry of Housing, Ministry of Media and Shamayel United Development Company announced on Thursday the establishment of the Media District as part of Mayasem residential project in Obhur, north of Jeddah. The project extends over an area of 1.6 million square meters, offering around 5,000 residential units, including over 900 residential units dedicated to media professionals.
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AfghanistanAfghan president and his rival both declare victory after delayed election results
The contested results come at a critical time for Afghan politics. U.S. and Taliban negotiators have announced a conditional peace deal that could be signed by the end of the month. And substantial challenges to the vote may plunge Afghanistan into a political crisis just as the government needs to unify ahead of intra-Afghan peace talks with the Taliban insurgents.
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Women in TechDriving Change (Through Tech): Empowering Women To Innovate Without Restrictions
According to UNESCO, women account for more than half of the engineering student population in some Arab states, and between 34% and 57% of recent STEM graduates in the region are women. That’s a much higher rate than in universities globally, and a testament to the change underway in the Middle East region.
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LibyaPerspective: Macron’s Plan to End the Libyan Conflict Only Made Things Worse
Today Libya is a nation in name only. Haftar’s forces have laid siege to Tripoli for 10 months, and France is increasingly marginalized in a region where it was once the dominant player. When Libya is discussed this weekend at the Munich Security Conference, it will be Russia and Turkey who are the diplomatic heavyweights.
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U.S. Foreign PolicyPompeo makes first trip to Africa with conflicting US signals
Pompeo on Saturday begins a trip to Senegal, Angola and Ethiopia, chosen for their leaders' attachment to democratic values in a continent that has seen backsliding in recent years. "I think that he risks getting caught up in a sort of China-China-China dynamic and really needs to convey to African leaders that Africa is genuinely a priority for the United States," said Schneiderman, who is also at the Brookings Institution.
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ICTIDC Forecasts ICT Spending in Saudi Arabia to Top $37 Billion in 2020 as Kingdom’s ICT Industry Gathers in Riyadh
"The Saudi ICT market is grappling with a wave of new digital transformation realities," said Naqshbandi. "The growth we are seeing in ICT spending is primarily being driven by an increased focus on giga projects and smart governance. These initiatives are spurring the adoption of artificial intelligence, robotics, the Internet of Things, cloud, blockchain, and a host of other emerging technologies as both the public and private sectors look to create synergies, cut costs, increase safety, and optimize processes across verticals in a whole new way."
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Turkey in the RegionCommentary: The Middle East Conflict You Haven’t Heard About
Egypt recently made a series of offshore natural-gas discoveries, and exporting resources will help the deeply indebted country. Last year Cyprus, Greece, Israel, Italy, Jordan, Egypt and the Palestinian Authority established the Eastern Mediterranean Gas Forum. The point is to rationalize infrastructure costs, offer competitive prices, improve trade relations and develop energy markets.
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Russia in the RegionU.S. steps up warnings on Russia over Syria’s Idlib, military de-confliction
The United States on Wednesday stepped up warnings to Russia over its Syria policy, saying Moscow was trying to challenge the U.S. presence in northeastern Syria by violating the terms of a de-confliction agreement and was also helping escalate the fighting in the northwestern province of Idlib.
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Popular FoodsIn pictures: Saudi Arabia most popular foods of 2019
When it comes to guilty pleasures, there's nothing quite like a pizza to satisfy those cravings, ranking 2nd, just behind Shawarma. Previous In KSA, we saw the rise of vegetarianism with meat-free dishes ranking 8th in most ordered food throughout 2019. 1. Shawarma 2. Pizza 3. Falafel 4. Garlic 5. Halloumi 6. Hummus 7. Vegetarian 8. Honey 9. Quinoa 10. Protein Next
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LibyaLibya civil war: Macron accuses Erdogan of meddling in conflict
Mr Macron said the presence of Turkish warships was "a clear violation" of what President Erdogan had pledged in Berlin on 19 January during a conference on Libya with other world leaders. Mr Macron called Turkey's actions "detrimental to the security of all Europeans and Sahelians".
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