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Deputy Minister of Investment for Saudi Arabia Dr. Saad Alshahrani joins The 966, The IMF’s report on Saudi’s economy, and much more
- August 19,2022
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- SUSTG Team
Episode 58! Dr. Saad Alshahrani, Deputy Minister for economic affairs and investment studies at Saudi Arabia’s Ministry of Investment joins The 966 to talk about the Saudi economy, investment opportunities, and reforms in the Kingdom. Dr. Saad also shares his story of studying in the U.S. and journey to becoming a deputy minister. Before the […]
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Crown Prince Mohammed bin Salman arrives in Greece in First Visit to Europe Since 2018
- July 26,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman arrives in Greece today for talks with its premier, Kyriakos Mitsotakis, marking his first trip to a European Union nation since 2018.
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Saudi Arabia’s Venture Capital Funding Soars Threefold to $584m in the First Half of 2022
- July 21,2022
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- SUSTG Team
Saudi Arabia’s nascent venture capital scene is beginning to roar to life, tallying a threefold year-on-year increase in venture capital investments in the first half of 2022, according to a report on the sector by Magnitt.
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Leading Saudi architect and urban designer Dhay Aldhawyan joins The 966, MBS visits regional powers, and much more…
- June 24,2022
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- SUSTG Team
In episode 49, The 966 welcomes Dhay Aldhawyan, a leading architect and urban planner based in Riyadh who is Head of the Center for Development of Urban Design and Planning of Saudi cities, to discuss her journey and some of the big projects and developments happening now across Saudi Arabia. The 966 hosts also discuss […]
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Saudi Crown Prince Lands in Egypt on Start of Regional Tour
- June 21,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Cairo, Egypt on Monday, kicking off his first tour outside the Gulf region in over three years, according to reports.
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It’s Official: President Biden to Visit Saudi Arabia July 15-16 2022; will Meet with King Salman, Crown Prince Mohammed bin Salman
- June 14,2022
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- SUSTG Team
President Biden will be conducting an official visit to the Kingdom of Saudi Arabia on July 15-16, a statement from the White House and separately from Saudi Arabia’s royal court confirmed, capping weeks of behind-the-scenes work to arrange for the visit.
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King Salman Appoints Former Ambassador to the United States Adel Al-Jubeir as Envoy for Climate Affairs
- May 30,2022
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- SUSTG Team
King Salman has appointed Adel Al-Jubeir as Saudi Arabia’s envoy for climate affairs, according to a royal order issued over the weekend. The appointment builds on the official portfolio of Al-Jubeir, who will continue holding his current positions of minister of state for foreign affairs and member of the Council of Ministers.
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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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Latest Jadwa Chartbook: Saudi Investors Unfazed So Far on Russian Invasion; Consumer Spending Climbs
- March 2,2022
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- SUSTG Team
The latest edition of the monthly chartbook from Jadwa Investment found some encouraging data points on the Saudi economy, as observers of the Kingdom look for a strong year of growth in 2022.
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Veteran Saudi Journalist Khaled Almaeena Joins The 966 to Talk Ukraine, Energy Markets, and More
- February 25,2022
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- SUSTG Team
Khaled Al-Maeena, Saudi journalist, commentator, businessman and the former editor-in-chief of the Saudi Gazette and Arab News joins The 966 for Episode 28 to talk about Saudi Arabia’s role in energy markets, the war in Ukraine, and much more.
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MUST-READS
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Saudi Arabia seeks $20 bln investment in food industry, aims to double exports
Saudi Arabia is seeking $20 billion in investments in the food industry by 2035, the Minister of Industry and Mineral Resources announced Monday. The Kingdom also aims to double the value of exports from $3.7 billion in 2022 to $10.9 billion in 2035, the official Saudi Press Agency (SPA) reported.
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How public policy can boost food security in the Arab world
The Food and Agriculture Organization of the UN defines food security as a state where everyone has consistent access to sufficient, safe and nutritious food, fulfilling their dietary needs for an active, healthy life. The following four dimensions must be simultaneously satisfied to achieve food security, according to the World Bank.
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Careem Food launches healthiest on-demand food delivery service in Saudi
Alex Golden, Global Head of Food at Careem, shared: “We’re delighted to make healthy eating more accessible through Saudi’s healthiest on-demand food delivery service. So many of our customers want to get in better shape but find it challenging to eat healthy consistently. Eating healthy doesn’t have to mean losing the joy of food or spending hours planning and cooking. With our new app experience, we’ve made it incredibly easy for customers to become the best versions of themselves.”
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Saudi Arabia: Growing food in the desert is doable
Saudi Arabia today exports wheat, dates, dairy products, eggs, fish, poultry, fruits, vegetables, and flowers to markets around the world. The private sector has played a major role in the country’s agricultural development. This is mostly due to government programmes that offered long-term, interest-free loans, and technical and support services. As well as incentives such as free seeds and fertilisers, low-cost water, fuel and electricity, and duty-free imports of raw materials and machinery.
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Saudi Arabia’s KSrelief distributes over 282 tons of food aid worldwide
The King Salman Humanitarian Aid and Relief Center (KSrelief) distributed over 282 tons of food aid in six countries across the world, Saudi Press Agency (SPA) reported. Syrian and Palestinian refugees living across Lebanon received 174 tons of food. In Senegal, 19 tons of food aid were distributed to 285 disadvantaged families in the Waakem region of Dakar while in Bangladesh, 24 tons of food baskets were given to 6,000 people. KSrelief also provided over 32 tons of food to 3,000 people in Chad and 29.8 more tons to 3,100 people in need in Niger.
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Renewable Diesel Booms Despite Concern Over Effect on Food Prices
The biofuel is a key part of federal and state government plans to mitigate climate change by cutting carbon emissions. Production has swelled since 2021. Incentives from the Environmental Protection Agency and the state of California, combined with pandemic-depressed demand for conventional fuels, motivated many energy companies to start retooling refineries to make renewable diesel.
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Saudi Arabia shares tips to prevent food waste during Ramadan
The campaign which aims to raise awareness about food security and preventing food waste also encourages people to maintain good and healthy consumption practices. In a statement carried by the Saudi Press Agency (SPA), GFSA noted that the rate of food loss and waste in the Kingdom is about 33 percent and the value of food waste is estimated at $10.66 billion (40 billion riyals) annually. To help prevent this, the campaign urges people to first set what meals they want on their Iftar tables, to diversify the food choices but in lesser quantities and to preserve the remaining food in tight containers to be consumed later.
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Middle East food security crisis hits millions as prices soar amid currency collapses
Five countries in the region have seen food inflation going beyond 60 percent just this year, with Lebanon and Syria facing triple-digit food inflation at 138 percent and 105 percent respectively. In Iran, Turkey, and Egypt, annual food inflation is more than 61 percent, making it difficult for families to afford essential food items like bread, rice, and vegetables.
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Saudi’s NEOM unveils plan to train chefs for ‘world’s most food self-sufficient city’
NEOM has partnered with ethical food project CARE’s, a global project founded by Italian chefs Norbert Niederkofler and Paolo Ferretti, on a new initiative to ensure the food supply at the Red Sea project is treated responsibly from the planet to the plate.
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Modon attracts new investments to achieve food security in Saudi Arabia
Saudi Authority for Industrial Cities and Technology Zones (Modon) signed agreements and memorandums of understanding to localize food and beverage industry in Saudi Arabia with investments up to SR1 billion and SR69 million, while revealing the increase of food factories to 1,171 factory with total areas of approximately 10 million m2 by the end of 2022.
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