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Saudi Arabia’s Inaugural ‘Future Aviation Forum’ Begins May 9
- May 4,2022
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- SUSTG Team
Saudi Arabia is hosting the inaugural Future Aviation Forum next week, a new annual event that aims to seize the opportunity of a “pivotal moment for the global aviation sector,” a Saudi official said.
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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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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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Bloomberg Report: Saudi Arabia Continues to Combat Pandemic with ‘World’s Toughest Rules’
- September 1,2021
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- SUSTG Team
Since the start of the global pandemic last year, Saudi Arabia’s authorities and leadership have implemented progressive policies to help the Kingdom mitigate the spread of the Coronavirus within its borders. From imposing strict fines for individuals and businesses who flaunt rules on mask mandates and distancing requirements to shutting down international travel, and even all but cancelling […]
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Saudi Arabia’s Technology Ministry Announces ‘LaunchKSA’ to Power Digital Innovation with $1 Billion Backing
- August 27,2021
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- SUSTG Team
Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) announced the launch of LaunchKSA, which promises to enhance innovation, augment digital know-how, support youth, and transform Saudi Arabia into the region’s largest digital economy.
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Saudi Government Lifts Suspension of Entry and Exit into Saudi Arabia for Residents, Visa Holders
- September 18,2020
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- SUSTG Team
The Government of Saudi Arabia announced changes effective September 15 that allow holders of current residence permits (known as “iqamas”) with a valid entry/exit visa as well as holders of a valid business or visit visa to enter (including exit and re-enter) Saudi Arabia, according to an advisory provided to SUSTG.
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Global Markets Plummet as Saudi, Russia Fail to Agree on Oil Supply
- March 9,2020
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- SUSTG Team
After the OPEC+ countries failed to come to an agreement on oil prices, Saudi Arabia dramatically cut its export prices over the weekend, creating the largest single-day oil price drop since the start of the Gulf war in 1991, according to reports.
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Saudis Around the World Celebrate 89th National Day
- September 23,2019
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- SUSTG Team
Saudis around the world are celebrating Saudi National day today, the Kingdom’s biggest national holiday dedicated to the history of the Kingdom as a unified state. The holiday commemorates the announcement of the Saudi Kingdom’s unification on September 23rd, 1932 by King Abdulaziz Al-Saud, who united and renamed the Kingdoms of Nejd and Hejaz to Saudi Arabia by […]
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Lockheed Clinches $2.4 billion Deal for Sale of ‘Crown Jewel’ THAAD missiles to Saudi Arabia, Part of $15 billion Package
- April 2,2019
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- SUSTG Team
Bethesda, Maryland-based Lockheed Martin Corporation was awarded a $2.4 billion Pentagon contract on Monday for THAAD interceptor missiles, some of which will head to Saudi Arabia, Reuters reports. The announcement of the THAAD system was “part of a $15 billion package for defensive ballistic missile systems,” the UPI reports. Lockheed will provide interceptors and associated one-shot […]
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Visa Launches Apple Pay in Saudi Arabia as Executives Continue Probe of Absher App
- February 19,2019
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- SUSTG Team
Visa on Tuesday launched Apple Pay in Saudi Arabia, allowing its Kingdom-based cardholders to make payments using their Apple devices, according to reports. Early reports via Apple Insider show “compatibility with previously confirmed financial partners including the country’s largest institution, the National Commercial Bank….Separately, individual banks like Al Rajhi confirmed access to the service in release notes accompanying […]
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MUST-READS
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GoogleGoogle continues its data center plans in Saudi Arabia
Google had no plans to stop working on its Saudi data centre, which will be its first in the Middle East once completed, and the news of Khashoggi’s killing had not disrupted the company’s plans according to reports.
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TechnologyGoogle is Saudi Arabia’s Most Influential Brand, According to Ipsos Survey
Ipsos in KSA has announced the results of its “Most Influential Brands” survey, conducted for the first time in Saudi Arabia. The study measured consumer perceptions towards 120 leading National, Regional, and Global brands in terms of their influence on people, based on a comprehensive list of attributes. This survey is part of an annual global effort conducted by Ipsos across 17 markets around the world.
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UberUber’s biggest investors include SoftBank, Google, and the Saudi Arabian government
In the 10 years since its inception, Uber has found support among some of the world’s biggest backers, with outsized pockets to match. Its largest shareholder is SoftBank (SB Cayman 2), which invested $9.3 billion of its Vision Fund in the company last year.
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Vision 2030Mohammed bin Salman’s reforms disrupting Saudi Arabia status quo: ex-Google exec
I am convinced my country is at a stage where we can no longer afford incremental solutions. MBS and I are roughly one year apart in age. I've spent much of my adult life in the U.S., at M.I.T. and later running global businesses for Google, before deciding to go back home to help with the big changes Saudi Arabia needs. And I'm one of an entire generation of young Saudis who believe that what MBS is doing is much more than necessary. It is vital.
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Technology InvestmentChina’s Alibaba and Tencent, not Google and Facebook, suit Saudi Arabia
Technology companies from China, and not the U.S., will win the race to capture Saudi Arabia's young, lucrative market, one chief executive told CNBC
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