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Saudi Rescue Role in Sudan Continues to Draw US Praise as CENTCOM Commander Thanks Saudi Chief of Defense for Supporting the Evacuation of American Citizens
- May 2,2023
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- SUSTG Team
The commander of U.S. Central Command, Gen. Michael “Erik” Kurilla, called the Royal Saudi Chief of General Staff Gen. Fayyadh Al Ruwaili to thank him and the Kingdom of Saudi Arabia for its support in evacuating American citizens from Sudan amidst the conflict there, as Saudi Arabia continues to aid foreign nations in evacuating civilians […]
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Iran and Saudi Arabia Only Days Away from Re-Opening Embassies – Report
- May 1,2023
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- SUSTG Team
Saudi Arabia and Iran will reopen embassies in each other’s capitals “within days,” Reuters reports, citing Iranian Foreign Minister Hossein Amirabdollahian, though he did not give specific dates for each to re-open.
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Knight Frank’s Faisal Durrani joins The 966 to talk Saudi real estate, giga-projects and much more
- April 28,2023
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- SUSTG Team
In Episode 84, The 966 speaks with Faisal Durrani, partner and head of Middle East research for the global real estate company Knight Frank. Mr. Durrani shares some of the highlights and key information from Knight Frank’s recently-released 2023 report on real estate in Saudi Arabia, The Saudi Report 2023, a publication which touches on many […]
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Growing SRMG Media Group Launches LIST, a New Saudi Travel Magazine
- April 26,2023
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- SUSTG Team
SRMG, the largest integrated media group in the MENA region which includes widely-read publications like Arab News, Asharq Alawsat and others, has added a travel magazine to its portfolio: LIST Magazine will focus on the travel and tourism offerings from Saudi Arabia, the region and the world, according to reports.
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U.S. State of Arizona Blocks Saudi Company Fondomonte from Drilling 2 More Wells on State Land
- April 25,2023
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- SUSTG Team
A Saudi-owned company that farms alfalfa in the U.S. State of Arizona has been blocked from drilling two new wells in the drought-stricken state, according to local reports.
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President Biden thanks Saudi Arabia as Kingdom Plays Key Role in Sudan Evacuations
- April 24,2023
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- SUSTG Team
Saudi Arabia hosted more than 150 people from various nations who were evacuated from war-torn Sudan, including from the United States, according to reports.
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Talking tech in the MENA with MEI’s Mohammed Soliman, King Salman Park in Riyadh, Saudi’s growing soccer league, and much more…
- April 21,2023
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- SUSTG Team
Eid Fitr Mubarak! In Episode 84, Mohammed Soliman, the director of the Middle East Institute’s Strategic Technologies and Cyber Security Program and a Manager at McLarty Associates’ Middle East and North Africa Practice, joins The 966. Mohammed’s work focuses on the intersection of technology, geopolitics, and business in the Middle East and North Africa (MENA). […]
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STC Expands in Europe with Acquisition of Portfolio of Tower Assets in Europe
- April 20,2023
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- SUSTG Team
TAWAL, a unit of Saudi Telecom Company (stc), agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe’s telecoms market,” Reuters reports.
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Secretary Blinken, Saudi Foreign Minister Prince Faisal bin Farhan Al Saud Speak by Phone as Middle East Diplomacy Heats Up
- April 19,2023
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- SUSTG Team
U.S. Secretary of State Antony Blinken spoke with Foreign Minister Prince Faisal bin Farhan Al Saud by phone on Tuesday to talk about regional diplomatic issues, including Yemen, according to a statement by the State Department.
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Unemployment in Saudi Arabia Reaches Record Low with Women Driving the Change — Jadwa Investment
- April 18,2023
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- SUSTG Team
The unemployment rate in Saudi Arabia dropped to 8 percent at the end of 2022, down from 11 percent in 2021, with women driving that positive change, according to a recently-released report from Jadwa Investment, citing the General Authority for Statistics’ (GaStat) latest labor market release.
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MUST-READS
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Saudi Arabia’s first college of arts launched in Riyadh
In a strategic partnership with King Saud University in Riyadh, the Ministry of Culture has inaugurated the university's College of Arts, marking the first Saudi institution dedicated to arts education in the Kingdom. The launch ceremony, held at the university's theater on Sunday, was attended by Deputy Minister of Culture Hamed Fayez, University President Dr. Badran Al-Omar, and various cultural and arts enthusiasts from across the Kingdom.
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Saudi Arabia accelerates digital economy growth through Nvidia partnership
The Kingdom’s Minister of Communications and Information Technology Abdullah Al-Swaha's meeting with Nvidia CEO Jensen Huang aims to support and strengthen the region’s digital economy, particularly in Saudi Arabia, recognized as the largest market for technical innovation in the Middle East and North Africa.
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Saudi Sports for All Federation Welcomes More Than 20,000 Participants for 2024 Riyadh Marathon
More than 20,000 participants from 125 countries, including a record 60% Saudi nationals, took part in the third edition of the Riyadh Marathon on February 10 – an increase of more than 33%, with 15,000 runners in 2023.
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Saudi art not seen for decades goes on display at AlUla’s Maraya
The modern era of Saudi art is somewhat ill-defined. A scarcity of studies and academic inquiries leaves a lot of blanks in the arc between Saudi modern and contemporary art. However, a new exhibition at AlUla’s Maraya seeks the help of private collectors to draw a thread from the 1950s onwards. More than Meets the Eye is running until April 27 alongside the AlUla Arts Festival. It comprises artworks that come exclusively from private collectors in Saudi Arabia, meaning that several pieces have never been displayed in public before.
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Saudi Space Agency Partners With LeoLabs and NorthStar for SSA
On the sidelines of the Space Debris Conference in Riyadh, the Saudi Space Agency signed memoranda of understanding (MoUs) with Leo Labs and NorthStar, respectively. The MoU with Leo Labs aims to build a cooperative relationship in the field of space monitoring. Both agreements aim to exchange expertise and knowledge related to space situational awareness and explore future collaboration opportunities between the Saudi Space Agency and both NorthStar and LeoLabs.
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Photos: US bolsters regional partnerships at Saudi World Defense Show
U.S. Air Force personnel assigned to the Air Forces Central Band pose for a photo during the Saudi World Defense Show at an undisclosed location in the Central Command area of responsibility, Feb. 4, 2024. U.S. military participation in the Saudi World Defense Show allows foreign military and civilian decision-makers an opportunity to evaluate and compare U.S. Air Force aircraft in a non-operational and threat-free environment.
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Saudi-Backed Chinese VC to Raise $1 Billion for Mideast Startups
A Chinese venture capital firm backed by a unit of Saudi Arabia’s Public Investment Fund is planning to raise $1 billion to back technology startups in the Middle East. MSA Capital is currently in talks with regional investors to finalize plans to launch the fund within the year, according to Managing Partner Ben Harburg. “Our objective is to play at later stages and write bigger tickets in those pre-IPO rounds, then we can take them public,” Harburg said in an interview.
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Desert X AlUla 2024: Exploring Unseen Art in Saudi Arabia’s Desert Region from February 9 to March 23
Desert X AlUla will open its latest exhibition themed “In the Presence of Absence,” from February 9th to March 23rd, 2024. Featuring 15 commissioned artworks that explore the unseen, the festival takes place bi-yearly in the desert region of Saudi Arabia. This edition of Desert X AlUla is curated by Maya El Khalil, renowned for her art advisory and MENA-focused curation, and Marcello Dantas, an award-winning curator known for his interdisciplinary practices. Returning for its third edition, Desert X AlUla 2024 invites artists to engage with the landscape, nature, and heritage of AlUla. The exhibition aims to position AlUla as the hub for monumental art experiences in the region. This year’s theme, “In the Presence of Absence,” challenges the concept of deserts as “empty spaces.” Artists worldwide are encouraged to investigate conceptual ideas of the invisible, engaging in a dialogue with AlUla’s environment.
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Saudi SAL partners with Space Age for drone-based shipments
Drones will be utilized to enhance transportation and shipment efficiency in Saudi Arabia, thanks to a new agreement signed by the Kingdom’s SAL Saudi Logistics Services Co. The logistics and supply chain solutions provider signed a memorandum of understanding with the Saudi-based technology firm Space Age on the second day of the World Defense Show 2024. The agreement aims to provide the technical solutions and infrastructure necessary to transfer and localize the drone industry, as stated by SAL in a post on X.
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Big Oil’s Boring Quarter Was Great News for Investors
Big Oil has delivered a set of remarkable earnings. Without fanfare, ExxonMobil Corp., Chevron Corp. and Shell Plc all did in the fourth quarter what they’d promised: Start new oil and gas projects; cut costs; return lots of money to shareholders. It’s a model for the notoriously boom-and-bust industry. Together, the three companies at the top of the global energy industry returned more than $80 billion to shareholders last year, up from $78 billion in 2022 despite lower oil and gas prices, lower refining margins and fewer trading opportunities.
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