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US Senate confirms Michael Ratney as next US ambassador to Saudi Arabia
- March 16,2023
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- SUSTG Team
Despite being nominated by US President Joe Biden in April 2022, Michael Ratney, has just been confirmed by the US Senate as the next US ambassador to Saudi Arabia.
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White House and Embassy of Saudi Arabia release statements lauding ‘landmark’ purchase of Boeing aircraft
- March 15,2023
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- SUSTG Team
White House Press Secretary Karine Jean noted that the agreements will anchor Saudi Arabia’s new international airline together with support for a new international airport. The partnership is another milestone in eight decades of cooperation between Saudi Arabia.
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Saudi Arabia’s New National Airline, Riyadh Air, Names CEO and Eyes Billions in Boeing-Made 787s
- March 14,2023
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- SUSTG Team
Saudi Arabia launched a new airline, Riyadh Air, and named an industry-veteran CEO in Tony Douglas for the new company this week. The airline, along with current state-flag carrier Saudi Airlines (Saudia) signed an agreement for an order of 72 Boeing-made airplanes.
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Riyadh-based Consultancy Mukatafa, Saudi Ministry of Economy and Planning Sign MOU to Collaborate on Private Sector Development
- March 13,2023
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- SUSTG Team
Riyadh-based private consultancy firm Mukatafa has signed a MOU with Saudi Arabia’s Ministry of Economy and Planning to improve the Kingdom’s development plans and enable sustainable growth, according to Arab News.
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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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MUST-READS
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US to announce progress in Saudi-Israel normalisation talks: report
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu are expected to announce progress in talks aimed at normalising relations between Saudi Arabia and Israel during their meeting in Washington on Tuesday, according to a report by the Israeli daily Haaretz on Sunday. The report came after US envoy to the Middle East, Steve Witkoff, was reportedly working to finalise the exact wording of the agreement between the two countries. Last week, Witkoff visited Riyadh on a trip that was followed by a stop Tel Aviv to reportedly finalise the details. The US envoy also report Palestinian Authority Minister of Civil Affairs Hussein Al-Sheikh, as well as another Palestinian figure described by the newspaper as "acceptable to the West".
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Saudi crown prince discusses ways to support Syrian Arab Republic with president during trip to Riyadh
The crown prince congratulated Al-Sharaa on his recent appointment and wished him success in achieving the hopes and aspirations of the Syrian people. The interim president said Saudi Arabia was committed to supporting his country after meeting Prince Mohammed: “We held a long meeting during which we felt and heard a genuine desire to support Syria in building its future,” Al-Sharaa said in a statement on Telegram. Military commanders appointed Al-Sharaa interim president weeks after militant forces overran Damascus. Last month, Saudi Arabia’s Foreign Minister, Prince Faisal bin Farhan, visited Damascus and said the Kingdom was engaged in talks with the US and European partners to help lift economic sanctions imposed on the Syrian Arab Republic that have left the country’s economy decimated.
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55 Saudi companies take part in Baghdad International Fair
The Saudi Export Development Authority (Saudi Exports), in partnership with the Saudi-Iraqi Coordination Council, is participating in the 48th edition of the Baghdad International Fair. The Saudi pavilion features 55 national companies representing various export sectors. The exhibition, which kicked off on Saturday and will run through until Feb. 7 in the Iraqi capital Baghdad, presents a valuable opportunity to strengthen trade ties between Saudi Arabia and Iraq while showcasing the Kingdom’s leading products and services. Saudi non-oil exports to Iraq have reached nearly SR20 billion over the past five years (2020–October 2024), with metals and their products, food industries, and electrical machinery and equipment ranking as the top export sectors during this period
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WhatsApp calls reportedly activated in Saudi Arabia: Permanent change or temporary test?
Many WhatsApp users in Saudi Arabia reported on Saturday that voice and video calling features had been activated after years of restrictions. However, there has been no official confirmation on whether this is a permanent change or a temporary test. The sudden activation has raised questions, particularly in the absence of an announcement from authorities. Technology expert Abdullah Al Subaie noted that this move aligns with Saudi Arabia’s efforts to enhance telecommunications and digital infrastructure, potentially improving communication for users.
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Acting Deputy Chief of Mission for the U.S. Mission to Saudi Arabia Shannon Dolan
Dr. Shannon Dolan is the Acting Deputy Chief of Mission for the U.S. Mission to Saudi Arabia and a career member of the Senior Foreign Service. Most recently, she led the management operations of the mission. For the past three years, she was the U.S. Director of the bilateral Program of Technical Cooperation in Saudi Arabia, leading the interagency team to develop and implement training and advising programs bolstering security, critical infrastructure protection, and counterterrorism efforts in support of U.S national security goals.
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Glamping and Boutique Adventure Hotels Gain Ground in Saudi Tourism Push
The push for adventure-based tourism aligns with consumer preferences for environmentally responsible travel, making boutique adventure accommodations a strategic investment. The appeal of glamping and boutique adventure hotels lies in their ability to balance luxury with sustainability. Unlike large-scale resorts, these properties integrate outdoor activities that allow guests to engage with nature while minimizing environmental impact. According to a report by Blooloop, Saudi Arabia’s diverse landscapes create ideal settings for adventure tourism. Developers can incorporate outdoor activities such as hiking, mountain biking, rock climbing, and stargazing, enriching guest experiences and differentiating their offerings from traditional accommodations.
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Expat Tales: Experiencing ‘history in the making’ in Saudi Arabia
I relocated to Riyadh, Saudi Arabia in February 2024 because I was eager to join the company I work for. It wasn't until I secured the role and began preparing for the move that I realised it's not just the company I'm working for that’s making history. Living in the Kingdom right now is experiencing history in the making. Living in a compound means my apartment is part of a community of 400 tenants, many of whom have become close friends. Imagine living in a resort with a group of your friends every day - that’s what compound life feels like. Everything in Riyadh comes alive after dark! Due to the heat, the Saudi way of life is to rest during the day and go out at night. Malls are empty during the day, but if you go at 1am, you’ll have a hard time finding parking. I was lucky enough to get tickets to see Tyson Fury in a boxing match here, and he entered the ring at 2am. You can even get a haircut at midnight if you feel like it!
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Veteran Saudi actor Mohammed Al Towayan passes away
Mohammed Al Towayan, a leading figure in Saudi television and cinema, has died at the age of 79, the Saudi Ministry of Culture confirmed on Friday. Al Towayan, known for his roles in hit drama series such as Awdat Asweed, Ayal Qariah, and Ghashmshm, played a pivotal role in shaping the Saudi entertainment industry over nearly five decades. His final film, Mandoub Al Layl (The Night Agent), was a major box-office success in Saudi Arabia and was screened internationally. Despite his long-standing presence in television, his transition to cinema marked a significant shift in his career.
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Why Saudi-Turkish collaboration in Syria is more likely than a clash
Turkey and Gulf Cooperation Council (GCC) member states appear to be filling the void in Syria as Iran’s influence after the fall of Bashar Al-Assad dramatically diminishes. Ankara’s coordination with Gulf Arab capitals stands to bring about growing alignment. Turkey has gone to pains to accommodate the interests of all GCC states in the new Syria, including those which previously saw the foreign policy of Turkey’s “neo-Islamist” government as a threat. In particular, Saudi Arabia—the GCC state taking the lead on shoring up and legitimizing the administration of Hayat Tahrir Al-Sham (HTS) on an international level—shares many of Turkey’s interests. These include helping Syria achieve a smooth transition, preserve its territorial integrity, and not become a haven for violent extremist groups that threaten other countries.
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Saudi Arabia’s IPO Boom Reshapes Its Market Dynamics
According to S&P Global Market Intelligence, 41 IPOs were launched in Saudi Arabia last year, raising a total of $4.06 billion. By contrast, only five IPOs took place in 2019, yet they generated a much higher $30.46 billion—largely driven by Saudi Aramco’s record-breaking IPO, which raised $25.6 billion for a 1.5% stake in the state-owned oil giant. “The Saudi stock exchange has become a preferred listing destination due to strong liquidity, robust demand from institutional investors, and alignment with global investment standards,” says Farah el Nahlawi, research lead at MAGNiTT, a leading venture capital data platform for emerging markets. “Moreover, the IPO landscape is no longer oil-centric, with fintech, healthcare, and retail companies successfully listing—indicating broader investor appetite.”
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