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Saudi Energy Minister Warns of ‘Dangerous’ Energy Crises with Reduced Investment in Production
- December 14,2021
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- SUSTG Team
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman al-Saud said on Monday that oil markets could face a dangerous period marked by undersupply and volatility if the world reduces investments in exploration and drilling, according to reports.
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Saudi Arabia’s 2022 Fiscal Budget Report Released, with First Surplus in Nearly a Decade Seen for 2022
- December 13,2021
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- SUSTG Team
Saudi Arabia released its budget for the 2022 fiscal year following the endorsement by the Council of Ministers on December 12th, with a few changes from the preliminary budget released earlier in September this year. As expected, Saudi Arabia is expected to register its first fiscal surplus since 2013.
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MBS’s GCC Tour, PIF’s Latest Telecom Moves, and Saudi Arabia’s ‘Ever More Ambitious Investment Strategy’ with Guest Co-Host Robert Mogielnicki from AGSIW
- December 10,2021
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- SUSTG Team
This week, The 966 welcomes guest co-host Robert Mogielnicki from the Arab Gulf States Institute in Washington (AGSIW) and Adjunct Assistant Professor at Georgetown University. The hosts discuss the changed working week in the UAE and discuss why visiting Saudi Arabia is the best way to understand what’s going on in the country. Then, the hosts […]
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Tadawul IPO Surges in Debut, CEO Says 50 Companies have Applied for 2022 Listing
- December 9,2021
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- SUSTG Team
Saudi Tadawul Group’s IPO raised $1 billion, with shares rising as much as 22% on Wednesday, marking the biggest exchange IPO since Euronext went public in 2014.
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Senate Approves Biden Administration’s Weapons Sale to Saudi Arabia in Bipartisan Vote
- December 8,2021
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- SUSTG Team
The Senate on Tuesday gave a bipartisan vote of confidence to the Biden administration’s proposed weapons sale to Saudi Arabia, Politico reports, overcoming criticisms from some Senators on both sides. The Senate handily defeated an effort to block a $650 million sale of air-to-air missiles and related equipment to Saudi Arabia with a 67-30 vote.
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The 966 Podcast Interviews Fahad Nazer, Saudi Arabia’s Top Spokesperson for the Saudi Embassy in Washington
- December 7,2021
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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 one of the interview, the hosts ask Mr. Nazer about a wide range of mostly domestic and economic issues, including Saudi Arabia’s energy plans, the Kingdom’s relationship with the U.S. Congress (and the Biden administration), the […]
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After Hosting France’s Macron for Talks, Crown Prince MBS Attends First Ever Saudi Grand Prix
- December 6,2021
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- SUSTG Team
It was a busy weekend for Saudi Arabia’s Crown Prince Mohammed bin Salman ahead of a planned regional trip to neighboring Gulf countries. The crown prince hosted France’s President Emmanuel Macron in Jeddah for diplomatic and trade talks at the Al-Salam palace in Jeddah on Saturday. Macron landed in Jeddah after visits to the United Arab Emirates and […]
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The 966 E. 14 – Saudi Stock Market to IPO, Shale Gas in KSA, and Discussing the Economy in 2022 with Guest Co-Host Fahad AlMalki
- December 3,2021
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- SUSTG Team
The 966 team welcomes its first co-host for the podcast’s weekly show, Fahad AlDehais AlMalki, a lawyer and capital markets expert in Riyadh. The hosts ask Fahad about starting up his own law firm in the Kingdom, and talk about big golf news in Saudi this week, a packed season of events in Riyadh, the […]
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All Eyes on OPEC+ Meeting Thursday with Omicron Variant Looming Over Demand
- December 1,2021
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- SUSTG Team
The OPEC+ group of oil-producing nations is set to meet Thursday December 2nd to decide whether to stick with their plan to increase monthly oil output by 400,000 barrels a day in January, according to reports.
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The 966 E13: Tapping the strategic petroleum reserve, Saudi Arabia’s Covid-19 response, and ‘sportswashing’
- November 29,2021
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- SUSTG Team
On this week’s episode of The 966, the hosts talk about Saudi Arabia’s upcoming EDM festival, called Soundstorm, the start something big for women’s soccer in the Kingdom, President Biden’s decision to tap the SPR, Saudi Arabia’s enviable Covid-19 response, and why “sportswashing” is used to describe Saudi Arabia – but doesn’t come close to […]
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MUST-READS
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Maritime YardConstruction starts at Saudi Arabia’s new maritime yard
A joint venture comprising UAE-based oil rig builder Lampell, oil company Saudi Aramco, the National Shipping Company of Saudi Arabia (Bahri), and South Korean shipbuilder Hyundai Heavy Industries Co. Ltd., has begun construction works at Saudi Arabia’s new maritime yard, at the Ras Al Khair site.
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Saudi-LebanonLebanese Party Head Joumblatt meets Saudi crown prince on official visit
Progressive Socialist Party head Walid Joumblatt has met with Saudi Arabia's Crown Prince Mohammad bin Salman, a tweet from the PSP leader confirmed Monday morning.
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Saudi-UAESaudi, UAE put economy at heart of alliance with joint investment plans
Saudi Arabia and the United Arab Emirates put jobs and investment at the center of their diplomatic alliance, saying on Thursday they would cooperate in areas ranging from energy and agriculture to tourism and financial services.
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IranCommentary: As Taboos Break Down, Iranians Party On
In another era, all these violations would be punishable with a lashing or jail sentences. Some, like failing to wear the head scarf and drinking alcohol, still are.
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Anti-Corruption CommissionSaudi Takes Part in UN Anti-Corruption Meeting, Mark 15th Anniversary of Convention Adoption
Saudi Arabia, represented by a delegation from the National Anti-Corruption Commission (Nazaha), will take part on Wednesday in a high-level meeting of the U.N. General Assembly (UNGA) to mark 15 years since the adoption of the U.N. Convention against Corruption.
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Saudi MilitaryHeart-stopping video of Saudi C-130 flying over soldier in Yemen
A YouTube video emerged on Friday showing a Saudi C-130H flying very low over a soldier's head in Yemen, The War Zone first reported.
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Saudi-IndiaLand acquisition woes thwart India’s mega refinery plan with Saudi Aramco
At the International Energy Forum in Delhi in April, the world's top oil producer Saudi Aramco inked a preliminary deal to partner with a consortium of Indian players to build a $44 billion refinery and petrochemical project on India's west coast.
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Rock the Red, Go Caps!Metro will stay open later for Caps-Lightning Games 3 and 4 — thanks partly to … Qatar?
On Tuesday, Evans told The Washington Post that the tiny, wealthy nation of Qatar has agreed to pay the $100,000 fee to keep Metro open until 12:30 a.m. on Thursday, when the Capitals host Game 4. That game also is set for an 8 p.m. start.
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Iran Nuclear AgreementIran hails ‘good start’ to talks with Europe aimed at salvaging nuclear deal as Trump imposes more sanctions
Iran’s foreign minister heralded a “good start” to talks with Europe to preserve the 2015 nuclear deal even as the US imposed a second round of new sanctions, illustrating the divergent approaches of America and its allies.
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Iran Nuclear AgreementMission Impossible? Eight White House Requirements Iran Must Meet as Part of a Post-JCPOA Strategy
President Trump's new strategy speech was followed by a flood of exaggerated criticism that ignored the actual strategy document, the text of the Department of Defense national security strategy that followed, and the content of the FY2019 budget submission. It treated a conservative, but balanced set of documents as extreme and almost isolationist.
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