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Abraham Ancer Takes 2023 PIF International Title at Royal Greens in Saudi Arabia
- February 6,2023
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- SUSTG Team
LIV’s Abraham Ancer won this year’s Saudi International Tournament, played at the Royal Greens Golf Club at KAEC, after holding off the PGA Tour’s Cameron Young to take the 2023 title.
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Physician-scientist Dr. Doaa Alsaleh MD joins The 966, plus a new visa to visit Saudi and much more
- February 3,2023
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- SUSTG Team
In Episode 74, a conversation with Dr. Doaa Alsaleh MD, a physician-scientist at the Icahn School of Medicine at Mount Sinai in New York City on her journey, work, research, and future before returning to work in Saudi Arabia soon. Dr. Doaa was born in Saudi Arabia, got her medical degree in Bahrain, and is now […]
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Saudi Arabia’s King Issues Royal Decree Appointing Ayman Alsayari as New Central Bank Governor, Replacing Fahad Al-Mubarak
- February 2,2023
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- SUSTG Team
Saudi Arabia’s King Salman issued a royal decree appointing a new governor of the Kingdom’s central bank and moving its former boss to a role as advisor to the Royal Court, according to reports.
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Saudi Arabia’s PIF, U.S.-Based AeroFarms Agree to Establish Riyadh-Based Vertical Farms Company
- February 1,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has signed a joint venture agreement with New Jersey-based AeroFarms to establish a company in Riyadh to build and operate indoor vertical farms in the Kingdom with an eye toward expansion in the wider MENA region, according to a report in Arab News and a press release from the PIF.
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Saudi Arabia’s Non-Oil Economy Grew 6.2% During the Fourth Quarter of 2022 – Latest Data
- January 31,2023
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- SUSTG Team
In the 4th quarter of 2022, Saudi Arabia’s non-oil sector grew at the fastest pace in more than a year and “helped the kingdom record the fastest overall growth among major global economies,” Bloomberg reports. The non-oil economy grew an annual 6.2% during the fourth quarter of last year, the highest level since the third […]
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Saudi Arabia’s PIF Remains 6th Largest SWF Globally, Latest Data Show
- January 30,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) now has assets worth $607.42 billion and is the 6th largest sovereign wealth fund in the world, according to latest data from the Sovereign Wealth Fund Institute.
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The 966 exclusive interview with Bechtel Saudi Arabia Managing Director Jacob Mumm on the company’s active role at Neom, the Riyadh metro, and its storied history in the Kingdom
- January 27,2023
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- SUSTG Team
In Episode 73 this week, The 966 features an exclusive conversation with Jacob Mumm, Managing Director for Bechtel Saudi Arabia. Bechtel’s role in over 300 major projects throughout 80 years in Saudi Arabia, including the world’s largest single industrial development project at Jubail, the ambitious Riyadh Metro project, “The Spine” at Neom, Ras Al Khair, […]
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Saudia Travelers to Get 4-Day Visa With Ticket Purchase in New Tourism Push
- January 26,2023
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- SUSTG Team
Saudi Arabia is set to relax its visa entry requirements further with a new program to boost tourism that grants a four-day visa to those who fly into the Kingdom on its national carrier, Saudia, according to reports.
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International Visitors to Saudi Arabia Increase as Kingdom Attracts Most Tourists in First 9 Months of 2022
- January 25,2023
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- SUSTG Team
Saudi Arabia registered more than 18 million international arrivals in the first nine months of 2022, higher than any other Arab nation during that timeframe, according to reports.
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NEOM’s Oxagon Will Open First Hotel in 2025 – Report
- January 24,2023
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- SUSTG Team
Neom’s OXAGON city will see its first hotel opening in 2025, according to a report, as development across the Kingdom’s giga-projects continues forward.
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MUST-READS
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Saudi discusses backing Syria’s transitional political process
Saudi Defence Minister Prince Khalid Bin Salman yesterday announced that he had held a “productive meeting” with senior officials from Syria’s new administration, including the foreign minister, defence minister and head of general intelligence. In a post on X, Prince Khalid announced that he held discussions with Foreign Minister Assad Al-Shaibani, Defence Minister Murhaf Abu Qasra and Intelligence Chief Anas Khattab regarding the latest developments in Syria. The talks focused on supporting the transitional political process to fulfil the aspirations of the Syrian people while safeguarding Syria’s security, stability and territorial integrity, as reported by Asharq News channel.
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Saudi Arabia announces prequalified bidders for 2 GW/8 GWh battery storage tender
The Saudi Power Procurement Company (SPPC) has released a list of 33 prequalified bidders for its 2 GW/8 GWh battery energy storage system (BESS) tender. The tender, structured as a build-own-operate model, attracted major international players including Masdar, ACWA Power, EDF, TotalEnergies, Jinko Power and more. Prominent companies from China, South Korea, and Japan also feature, including Samsung, the China Energy Overseas Investment Company, China Power Engineering Consulting Group International Engineering, and China Southern Power Grid International.
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Assad’s fall spurs calls to revive Iraq-Syria oil pipeline
The overthrow of the former Syrian president, Bashar Al-Assad, has brought calls for the revival of the now-defunct pipeline that once carried crude oil from Iraq to a Syrian port on the Mediterranean. Several Iraqi experts have urged their government to consider rebuilding the facility as an outlet for the Opec member’s oil exports to Europe. An adviser to Iraq’s prime minister Mohammed Al-Sudani said there was a need for negotiations between the two Arab neighbours to set the groundwork for the pipeline’s resurrection. But other analysts disagreed with these calls, on the grounds that the situation in Syria is uncertain and Iraq’s oil exports to Europe have been falling in favour of Asian markets.
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Gulf-UK trade deal has a sporting chance, minister says
A finalised free trade agreement between the UK and Gulf Co-operation Council states could be on the home stretch, and the growing trade in sports equipment with the Gulf illustrates the need for it, a British trade minister has said. Trade policy minister Douglas Alexander highlighted the sports industry as “a great example of British expertise” and said “a trade deal with the GCC would build on our already strong trading relationship, make it easier and quicker for UK companies to export, and create exciting opportunities for UK businesses in the region”. The UK and the six-country Gulf bloc are thought to be closing to sealing an FTA, which could boost trade between the two sides by 16 per cent, potentially adding an extra £8.6 billion a year to the trade relationship in the long run.
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War on Gaza: Netanyahu hindering deal again by changing demands, source says
Israeli Prime Minister Benjamin Netanyahu has returned to his “evasive approach” in the Gaza ceasefire talks, hindering negotiations, an Egyptian source has told the Al-Araby Al-Jadeed news outlet. The source, who was described as “familiar with the negotiations,” said in the Wednesday report that the change in the Israeli positions surprised mediators and slowed recent progress made in the indirect talks with Palestinian movement Hamas. Netanyahu submitted a new list of demands, which included modifications regarding the captives Israel wants to be released, as well as additional conditions related to the timeline for the army’s withdrawal during that phase of the proposed agreement, the source said. He added that talks were “proceeding very well” until the latest Israeli changes.
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How Stealthy F-22 Raptors Learned to Take on Elusive Iranian Threats in the Middle East
As America’s premier air superiority fighter, the F-22 was designed to take on advanced enemy aircraft, capable of maneuvering stealthily and cruising at supersonic speeds. But the dangers that most concerned Johnson and his Airmen included Iranian-designed drones and cruise missiles that Tehran and its proxies have employed during the most recent stretch of unrest in the Middle East. Though the drones posed less of a threat to the F-22s than a high-end Chinese fighter, downing them presented some challenges. Like the F-16s and F-15Es, the F-22s that have been deployed to the region in recent months have Active Electronically Scanned Array (AESA) radars, which makes detecting drones easier, a senior U.S. defense official noted to Air & Space Forces Magazine. But it is still not an easy task. Not only were the drones very small, but their slow speed always made them hard to detect.
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Israel allocates $150m to sway global opinion over Gaza genocide
The 20-fold funding increase aims to boost Tel Aviv’s narrative and justification of its war against the besieged enclave while portraying the Palestinian struggle as “anti-Semitic” and as a form of “Nazi” terrorism aimed at eliminating Jews and to promote Islamophobia in European countries in an effort to paint the Palestinian struggle as no different from Daesh. The aim of such action is to end sympathy or support for the Palestinian cause and justify the genocide being orchestrated in Gaza.
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Unstoppable Oman beat Saudi Arabia 2-1 to enter Gulf Cup final
With temperatures at a chilly 18°C, the electrifying atmosphere was fueled by passionate supporters waving flags and chanting for their teams. Coach Rashid Jaber faced a daunting task, making last-minute changes due to injuries and yellow card suspensions. Still, his confidence in his squad proved well-placed as Oman battled fiercely from start to finish. The game started with Saudi Arabia in control, threading passes and creating early chances. Oman’s goalkeeper, Al Rushaidi, made a brilliant save from a stinging free-kick, keeping the scores level. Saudi’s dominance persisted through the opening minutes, with Oman struggling to find their rhythm.
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Saudi Arabia orders removal of unlicensed hospitality venues from booking sites, warns of $266,000 fines
This directive is part of a broader campaign aimed at improving adherence to licensing and classification standards within the hospitality sector. The ministry seeks to ensure that all facilities meet the conditions and requirements stipulated in the Tourism Law and its associated regulations. The ministry stressed that all tourist and private hospitality facilities must obtain or renew their licences before commencing operations. Operating without a valid licence will result in penalties, including fines of up to SR1m ($266,000), facility closure, or both. Violations may also be disclosed publicly.
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Saudi Arabia launches humanitarian air bridge to Syria to deliver food, shelter and medical supplies
Saudi Arabia on Wednesday launched a humanitarian air bridge to Syria, delivering food, shelter and medical supplies' The air bridge, established by the King Salman Humanitarian Aid and Relief Centre (KSrelief), aims to 'alleviate the effects of the difficult conditions currently facing the Syrian people', the official Saudi Press Agency reported. Others, including the European Union and Ukraine, have also announced aid for Syria, where the United Nations said seven out of 10 people need support. Riyadh's air bridge will 'be followed by another land bridge in the coming days,' said Abdullah al-Rabeeah, the head of KSrelief.
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