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Riyad Capital Sees 2022 Non-Oil Economy Growth in Saudi Arabia at 5.2% in 2022 and 4.3% in 2023
- November 29,2022
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- SUSTG Team
Saudi-based investment bank Riyad Capital said Saudi Arabia’s non-oil economy is projected to grow of 5.2% in 2022 and 4.3% in 2023, Hans Peter Huber, Chief Investment Officer, said in a report.
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Prince Waleed bin Nasser Al-Saud from Saudi-based Consultancy Mukatafa, more on the U.S.-Saudi relationship, Saudi’s mining sector, and more
- November 11,2022
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- SUSTG Team
Episode 65! Prince Waleed Bin Nasser Al Saud joins The 966 — Prince Waleed is CEO of Mukatafa, a consultancy based in Riyadh that brings together the public and private sectors in Saudi Arabia, forming an ecosystem that enables the private, public, and third-party sectors to collaborate, integrate, and grow together as the Kingdom drives […]
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Saudi Arabia Sees Traction with Green Initiatives as Kingdom Climbs Ranks of MIT’S Green Future Index
- November 2,2022
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- SUSTG Team
Saudi Arabia advanced 10 places in the second edition of the Green Future Index, issued by MIT Technology Review, evidence that the Kingdom is seeing progress in its goals outlined in the new Saudi Green Initiative announced by Crown Prince Mohammed bin Salman last year.
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2022 Global Cities Report finds huge leap in Riyadh’s Cultural Experience
- October 31,2022
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- SUSTG Team
Leading management consulting firm Kearney released its 2022 Global Cities Report assessing 156 cities around the world around the world across five dimensions: business activity, human capital, information exchange, cultural experience, and political engagement.
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Dr. Abdulaziz Alanazi discusses his recent international water prize win, a changing Riyadh, and more — The 966 E. 61
- October 7,2022
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- SUSTG Team
Episode 61! The 966 welcomes Dr. Abdulaziz Alanazi, assistant professor at King Saud University in Riyadh, who discusses his work that recently won a very prestigious international water award. Before that, the hosts discuss governance in Saudi Arabia, a changing Riyadh, and an update on LIV golf’s recent moves with the MENA tour. The hosts […]
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Jadwa Investment Raises Saudi Arabia’s Growth Forecast to 8.7% for 2022
- September 20,2022
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- SUSTG Team
Riyadh-based investment bank Jadwa Investment has revised upward its growth forecast for Saudi Arabia this year, after the Kingdom’s economy showed strong expansion in both oil and non-oil activities in the first half of 2022.
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Development on AMAALA Pushes Ahead as 300 Contracts Awarded Worth $1.6 Billion to Date
- September 12,2022
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- SUSTG Team
Saudi Arabia’s ultra-luxury tourism project AMAALA has broken ground and has $1.6 billion of contracts currently out to tender across 54 proposals, the project’s developer The Red Sea Development Company (TRSDC) revealed in a press statement.
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Iraq’s Clashes Sends Oil Higher Before Retreat
- August 30,2022
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- SUSTG Team
Oil surged to the biggest gain in six weeks before paring some of those gains after Iraq’s state marketing company said exports haven’t been affected by violent clashes in Baghdad, according to Bloomberg.
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Global migration trends, big cat conservation in Saudi Arabia, the new Saudi companies law and more!
- August 26,2022
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- SUSTG Team
Episode 59! The hosts talk about a newly-released and interesting UN report on global migration trends, big cat and other endangered species conservation in Saudi Arabia, and much more in the program’s finishing Yallah! segment. Programming note: The 966 will return next week with a featured interview, then be back in full swing as September […]
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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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MUST-READS
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Jeddah AirportSaudi Arabia awards Jeddah airport contract to Singapore’s Changi
Sinapore's Changi Airport Group [CHAP.UL] has been awarded the contract to operate the King Abdulaziz International Airport in Jeddah, Saudi Arabia for up to 20 years, the kingdom's aviation authority said on Sunday.
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Boeing Apache ContractBoeing awarded Saudi AH-64E contract
Boeing has been awarded a USD3.28 billion contract to supply new-build and remanufactured AH-64E Apache Guardian attack helicopters to Saudi Arabia.
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Saudi AramcoSaudi Aramco awards McDermott an EPCI contract
Saudi Aramco has awarded McDermott International a contract for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms offshore in the country.
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SyriaThe graffiti kids: How an act of teenage rebellion sparked the Syrian war
It started as simple teenage rebellion but ended up tearing Syria apart, setting in motion events that continue to rock the Middle East — and the world.
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SECSaudi Electricity awards France’s Engie $1.2bn power station contract
Saudi Electricity Co said on Wednesday that in partnership with national oil giant Saudi Aramco, it had awarded a contract to French utility company Engie to build a 1,504 megawatt power plant.
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Master Gas ProgramSaudi Aramco awards major gas pipeline EPC contract to Saudi KAD
State oil giant Saudi Aramco has awarded a major contract to Saudi KAD, a leading engineering, procurement and construction (EPC) company for its strategic pipeline projects related to the Master Gas Program Phase II, and the Fadhili Gas Program.
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GCC BanksIMF warns on impact of lower oil prices on GCC banking
In a paper entitled “The Impact of Oil Prices on the Banking System in the GCC” the International Monetary Fund (IMF) said it ‘finds strong empirical evidence of feedback loops between oil price movements, bank balance sheets, and asset prices’.
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EconomySaudi Arabia contract awards down 75 per cent on a year ago
Contract awards in Saudi Arabia dropped by a further 27 per cent quarter-on-quarter to just 20.3 billion Saudi riyals (Dh19.88bn), and are 75 per cent lower than the 82.8bn riyals awarded in the corresponding period last year.
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Strait of HormuzAfter nuclear deal, Iran sticks to wary tactics in key Gulf waterway
Iran's elite Revolutionary Guard Corps on Monday dispatched five military vessels to monitor a U.S. warship hosting one of America's top generals on a day trip through the Strait of Hormuz, coming as close as 500 yards (meters).
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War in YemenWar Rages in Yemen, Despite UAE Ceasing Active Military Ops
“After 50 discouraging days of Yemeni peace talks in Kuwait, there is no unified vision for the future. There are alarming signs that the south wants to defect and that radicalism is on the rise," he said.
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