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The 966 Episode 20: The Dakar Rally’s coolest truck, Saudi coffee, a look at the Saudi mining sector, and much more
- January 7,2022
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- SUSTG Team
Episode 20! The 966 Hosts discuss Gaussin’s hydrogen-powered Dakar Rally truck in partnership with Aramco, why Saudi coffee is so delicious and how 2022 is “The Year of Saudi Coffee,” the mining and minerals sector in Saudi Arabia, a discussion oil in 2022, and much more in the program’s “Yallah” final segment.
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Goldman Sachs is ‘Extremely Bullish’ on Commodities Amid Potential Decade-Long ‘Supercycle’
- January 6,2022
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- SUSTG Team
Goldman Sachs’s global head of commodities research Jeff Currie told Bloomberg today in a televised interview that the bank is “extremely bullish” on commodities amid a supercycle that has the potential to last for a decade.
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White House Says it Welcomes OPEC+ Decision to Stick to Planned Output Increase
- January 5,2022
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- SUSTG Team
The White House on Tuesday welcomed a decision the OPEC+ group of oil producers led by Saudi Arabia to stick with their plans to raise crude production, and touted “close” coordination with Saudi Arabia and the United Arab Emirates, according to Reuters.
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Report: OPEC+ Expected to Increase Output in February as Planned — Reuters
- January 3,2022
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- SUSTG Team
Three sources from OPEC+ told Reuters Monday that the group is likely to stick with planned increases in production in February, meaning the group foresees a mild and short-lived impact on demand from the Omicron coronavirus variant.
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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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Shrugging off Omicron Threat, Oil Rallies Near $80 on Brent
- December 28,2021
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- SUSTG Team
Oil prices extended gains on Tuesday December 28th, with Brent crude trading near $80 a barrel despite the rapid, worldwide spread of the Omicron coronavirus variant. WTI also continued a months-long rally, rising to $76.28. U.S. crude oil prices hit a high of $86.40 per barrel in October this year.
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Saudi Arabia Experiences Spike in Coronavirus Cases as Omicron Spreads Globally
- December 27,2021
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- SUSTG Team
Saudi Arabia is currently witnessing “a remarkable increase in the registration of coronavirus cases and this rise is linked to the wave of mutated Omicron variant,” according to local health officials.
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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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MUST-READS
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Turkey PurgeVictims Of Turkey’s Post-Coup Purge Invited To Prove Their Innocence
Just up the hill from Istanbul's Old City, lines are forming outside the district governor's office. This is where Turks can find a new "crisis management center," where those caught up in the post-coup purge can finally be heard in their own defense – or in defense of a relative now behind bars. At a desk, people can submit their written defenses.
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JASTAEuropean Union weighs in against bill to help 9-11 victims sue Saudi Arabia
In a letter to the State Department, the European Union delegation to the United States called on President Obama “to act in order to prevent the JASTA bill from becoming law,” referring to the acronym for the “Justice Against Sponsors of Terrorism” bill
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IntelligenceThe Intelligence Picture Over Iraq and Syria Has Gotten Much Cloudier
The leader of Air Combat Command says new players on the battlefield are complicating the air fight against ISIS.
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Jeddah AirportAl Hokair to develop mega Saudi airport district
Fawaz Abdulaziz Al Hokair Company, a leading Saudi-based group with focus on retail and real estate business sectors, has won a major contract to develop a commercial and entertainment district adjacent to King Abdulaziz International Airport in Jeddah, according to a report.
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JASTAWashington Post Editorial Board: Should we let 9/11 victims sue Saudi Arabia? Not so fast.
Members of Congress have repeatedly claimed enough votes to override Mr. Obama’s veto threat, and they may be right. Mr. Obama should carry it out anyway. If long-standing principles of law and policy are to be discarded so lightly, at least let it be done without his approval.
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JASTAObama to veto bill allowing 9/11 victims to sue Saudi Arabia
The White House has confirmed that US President Barack Obama is to veto the Justice Against Sponsors of Terrorism Act. The president's staff says the bill does not represent an effective response to terrorism.
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Adel Al JubeirSaudi Arabia FM’s thoughts on fresh attempt to end Syria conflict
Today in London, Syria's opposition will launch a new plan for a political transition to try to end a more than five year long war.
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TurkeyGroup: Renewed Turkey-Kurds conflict has killed nearly 2,000
International Crisis Group, a non-governmental organization, tracked the deaths in the resumed conflict until the beginning of September. It said at least 1,958 people, including 676 state security force members, 733 PKK militants, 219 youth of unknown affiliation, and 330 civilians have been killed.
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Kerry in Saudi ArabiaKerry tackles Yemen, Syrian conflicts in Saudi Arabia talks
U.S. Secretary of State John Kerry held talks with Saudi Arabia's powerful deputy crown prince, Mohammed bin Salman, into the early hours of Thursday morning on ways to end Yemen's conflict and resume peace talks between the warring sides.
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TurkeyAt least 22 victims in southeast Turkey wedding attack under 14 – official
A suicide bomber aged between 12 and 14 carried out the attack that killed at least 51 people, President Tayyip Erdogan said on Sunday, adding that initial evidence suggested it was orchestrated by Islamic State.
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