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The 966 Episode 19: Saudi Arabia’s ‘Nitaqat’ Reforms and Doing Business in Riyadh with Guest Chris Johnson
- December 31,2021
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- SUSTG Team
Episode 19 of The 966 weekly podcast with special guest Chris Johnson, managing attorney, Johnson & Pump and Chairman, MECACC & KKR Saudi Arabia. Chris is a resident of Riyadh and, along with his legal work, publishes a terrific weekly newsletter. The hosts and Chris discuss a handful of topics including Nitaqat in Saudi Arabia, […]
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Facing Omicron Variant Surge, Saudi Arabia Steps Up Precautions, Increases Vaccine Requirements
- December 30,2021
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- SUSTG Team
Wasting no time in attempting to get ahead of the Omicron variant of the Coronavirus, Saudi Arabia moved forward with new rules and requirements aimed at protecting people within the Kingdom’s borders – and the Saudi economy.
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A Special Holiday Edition of The 966: Extended ‘Yallah’ Conversation Covering 10 Top Storylines in Saudi Arabia This Week
- December 24,2021
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- SUSTG Team
The 966 kicks off the holiday season with a special edition of the weekly format. The hosts discuss airport takeovers, Soundstorm, The PGA’s standoff with a new Saudi-backed challenger league, the Jeddah Central project, Omicron in Saudi, and more.
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Saudi Arabia Accelerates Efforts to Boost Local Startup Growth
- December 23,2021
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- SUSTG Team
Saudi Arabia will accelerate efforts to boost local startup growth and develop Saudi Arabia’s entrepreneurship ecosystem with significant investments by the Public Investment Fund (PIF) into local startups in 2022, according to reports.
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Saudi Arabia Plans PIF Takeover of Airport Operators with Eyes Toward Privatization
- December 21,2021
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- SUSTG Team
Saudi Arabia plans to convert its airport operators into holding companies and transfer them to the Public Investment Fund (PIF), according to a Reuters report, citing Abdulaziz Al-Duailej, the head of Saudi Arabia’s General Authority of Civil Aviation. Some of the new companies may eventually be privatized, according to Al-Duailej.
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Saudi Arabia Plans PIF Takeover of Airport Operators with Eyes Toward Privatization
- December 21,2021
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- SUSTG Team
Saudi Arabia plans to convert its airport operators into holding companies and transfer them to the Public Investment Fund (PIF), according to a Reuters report, citing Abdulaziz Al-Duailej, the head of Saudi Arabia’s General Authority of Civil Aviation. Some of the new companies may eventually be privatized, according to Al-Duailej. Per Reuters: “The kingdom’s 22 airports […]
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Part 2 – The 966 Exclusive Interview with Fahad Nazer, Spokesperson for the Saudi Embassy in Washington, D.C.
- December 20,2021
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- SUSTG Team
The 966 features an exclusive, two-part interview with Fahad Nazer, spokesperson for the Saudi embassy in Washington. In Part 2 of the interview, the hosts ask Mr. Nazer about a wide range of issues, including about Saudi Arabia’s students in the United States, Iran, Saudi Arabia’s relationship with Israel. The hosts also ask Fahad a […]
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Episode 17: The Diriyah Art Biennale, The Red Sea Film Festival wraps, Philosophy in Saudi, and Expo Saudi 2030?
- December 17,2021
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- SUSTG Team
This week, the hosts discuss the Kingdom’s 2022 budget, the Diriyah Art Biennale ongoing now outside of Riyadh, the Red Sea film festival, a philosophical discussion in Saudi Arabia, and whether the Kingdom will host Expo 2030.
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It’s Official: Saudi Arabia Pitches Riyadh for 2030 World’s Fair
- December 16,2021
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- SUSTG Team
Saudi Arabia has officially submitted a bid to host Expo 2030 in Riyadh, with the Royal Commission for Riyadh City (RCRC) CEO Fahd Al-Rasheed submitting the Kingdom’s bid while addressing a virtual gathering of 170 member countries assembled to kickstart the five-stage bidding process that will conclude with voting in November 2023.
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Two Saudi Women to Compete in Dakar Rally 2022, a First for Kingdom
- December 15,2021
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- SUSTG Team
Two Saudi women, Mashael Al-Obaidan and Dania Akeel, will be the first female drivers from Saudi Arabia to compete in the Dakar Rally next month, Reuters reports.
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MUST-READS
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Global Oil MarketsCommentary: Saudi Arabia Is Starting to Stockpile Oil Again
Crude oil exports from the five Persian Gulf Arab members of OPEC fell by about 1.1 million barrels a day last month, after surging in June, according to Bloomberg tanker tracking.
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TurkeyU.S. State Department in talks with Turkey to sell Patriot system
The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday.
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U.S.-Saudi RelationsSaudi FM meets with US State Department delegation
Saudi Arabia’s Foreign Minister Adel Al-Jubeir met Brian Hook, senior policy adviser to the US secretary of state and director of policy planning, and his accompanying delegation on Saturday in Jeddah.
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Saudi StudentsUS State Department sends condolences to families of two Saudi students drowned in Massachusetts
The US Department of State issued a statement on Thursday offering its condolences to the families and friends of two Saudi students who drowned in Massachusetts last week.
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War in YemenU.N. envoy says Yemen’s parties offer ‘concrete ideas’ for peace
Yemen’s warring parties have offered “concrete ideas” to achieve peace, U.N. envoy Martin Griffiths said on Wednesday after meeting Iran-aligned Houthi leaders in the capital Sanaa.
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Driving EconomyChart: Saudi Arabian Women (Now) Driving Cars and Sales
By 2025, car sales are projected to grow by about 9 percent in Saudi Arabia.
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Women DriversWorks of art on social media celebrate the end of Saudi’s driving ban
In the last couple of days, social media has seem some beautiful works of art appear in honour of women being allowed to drive in Saudi Arabia
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EgyptEgypt increases fuel prices, as part of austerity measures
Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country’s economic reforms and austerity measures designed to overhaul the country’s ailing economy.
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War in YemenUAE’s campaign for Yemen port city a test of ‘Little Sparta’
"From our perspective, three years of war is enough. It is time for the political process," Emirati Minister of State for Foreign Affairs Anwar Gargash told journalists at a news conference Monday. "If the Houthis don't want to start the political process, we will force them to start the political process."
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Saudi Missile DefenseParts of missiles fired at Saudi Arabia came from Iran: U.N. chief
Debris from five missiles fired at Saudi Arabia by Yemen’s Houthi group since July 2017 “share key design features with a known type of missile” manufactured by Iran and some of the components were manufactured in Iran, U.N. chief Antonio Guterres wrote in a confidential report to the Security Council.
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