The Saudi-U.S. Trade Group (SUSTG) works to expand understanding of economic, trade, political, cultural and other issues of importance to Saudi Arabia.
SUSTG is a 501c6 not-for-profit organization established in 2009.
The Review: The CEO of KAFD, Gautam Sash*ttal, joins The 966 -
“Economically speaking, the amount lost through tourism direct GDP was $4.2 trillion over the four years, which equates to roughly the value of Germany’s economy in 2021. It’s a loss that has been felt unevenly, however, as the report writers explain: “The COVID-19 pandemic caused the larges...
HRH Prince Turki Al-Faisal Al-Saud joins The 966 to share some stories and his anecdotes about his late father, King Faisal bin Abdulaziz Al-Saud, whose death lead his sons to create the King Faisal Foundation to honor his visionary legacy and generous spirit. HRH Prince Turki also discussed Arabia's progress with Vision 2030 and answers a question famously asked of his late father nearly 50 years ago.
[FULL INTERVIEW] - HRH Prince Turki Al-Faisal Al-Saud joins The 966 to share some stories and his anecdotes about his late father, King Faisal bin Abdulaziz ...
"Saudi Arabia and the United Arab Emirates have become maor hubs in the Middle East for IPOs, drawing in significantly more business than any other country in the region, according to data compiled by Dealogic."
More than $8 billion in listings were filed in Saudi Arabia in the last 12 months.
The Review: King Salman Declares Wednesday a Holiday after Saudi Stuns Argentina - https://mailchi.mp/sustg/the-reviewking-salman-declares-wednesday-a-holiday-after-saudi-stuns-argentina
Saudi Arabia's Dr. Abdulaziz Alanazi, assistant professor at King Saud University (.Saud.University) in Riyadh, discusses his work on The 966 that recently won a very prestigious international award.
The 966 welcomes Dr. Abdulaziz Alanazi, assistant professor at King Saud University in Riyadh, who discusses his work that recently won a very prestigious in...
IMF: Saudi Arabia is likely to be one of the world’s fastest-growing economies this year as sweeping pro-business reforms and a sharp rise in oil prices and production power recovery from a pandemic-induced recession in 2020...
https://www.imf.org/en/News/Articles/2022/08/09/CF-Saudi-Arabia-to-grow-at-fastest-pace?cid=em-COM-123-45261
Saudi Arabia is likely to be one of the world’s fastest-growing economies this year as sweeping pro-business reforms and a sharp rise in oil prices and production power recovery from a pandemic-induced recession in 2020.
“We believe the region can output 45 unicorns by 2030, and can create digital giants that can list on public markets, remain independent, and keep their focus on delivering innovative solutions tailored to local needs,” STV said.
Saudi Arabia was titled as the "gravitational centre" for scaling tech unicorns, based on the country's GDP and stock exchange size MENA region to see 45 unicorns worth over $100 billion by 2030, led by Saudi Arabia IPO, MENA, MENA startups, Saudi Arabia, Saudi IPO, Saudi IPOs, STV, STV Ventures Mid...
Faisal Durrani, Partner and Head of Middle East Research at
Knight Frank, the London-based global real estate consultancy, joins The 966 from Dubai. Knight Frank just released two reports on Arabia’s commercial and residential sectors, providing unique insights into one of the world's fastest growing real estate markets.
https://youtu.be/58R5uabDJk8?t=1
Faisal Durrani, Partner and Head of Middle East Research at Knight Frank, the London-based global real estate consultancy, joins The 966 from Dubai. Knight F...
The Review: Saudi Arabia Economy Grows at Fastest Pace Since 2011 on Oil - https://mailchi.mp/sustg/the-review-saudi-arabia-economy-grows-at-fastest-pace-since-2011-on-oil
“We reviewed the previous mechanism where the 13 regions competed against one another. After several workshops with the national sports federations, we found that many areas will struggle to compete due to the lack of official regional governing bodies to recruit and train athletes for the Saudi G...
The Review: Saudi crown prince says NEOM mega-project to list in 2024 - https://mailchi.mp/sustg/the-review-saudi-crown-prince-says-neom-mega-project-to-list-in-2024
President Biden concluded his trip to Arabia with a renewed partnership with the Kingdom, pledging to work together with Saudi leadership to achieve shared goals on a number of diplomatic, , and trade issues.
https://www.sustg.com/presiden-biden-concludes-trip-to-saudi-arabia-with-agreements-to-cooperate-on-range-of-issues/
President Biden concluded his trip to Saudi Arabia with a renewed partnership with the Kingdom, pledging to work together with Saudi leadership to achieve shared goals on a number of diplomatic, energy, and trade issues.
Foreign direct into Arabia has soared this year, according to the Kingdom's Ministry of Investment. https://www.sustg.com/foreign-direct-investment-into-saudi-arabia-jumps-9-5-saudi-arabias-ministry-of-investment-says/
Saudi Arabia recorded 9.5% increase year on year in foreign direct investment (FDI) flows during the first three months of 2022, Saudi Arabia’s Ministry of Investment (MISA) said on Twitter on Tuesday.
President Biden's visit to Saudi Arabia is locked in and has been confirmed by both the White House and Saudi Arabia. The 966 podcast discuss all the major issues and opportunities facing the U.S. and Saudi Arabia ahead of the visit.
President Biden's visit to Saudi Arabia is locked in and has been confirmed by both the White House and Saudi Arabia. Lucien's one big thing this week is the...
📈 Saudi Arabia's gross domestic product grew 9.9% in the first quarter, the fastest in a decade and more than a flash estimate last month of 9.6%, official data showed on Tuesday.
https://www.reuters.com/markets/asia/saudi-gdp-grows-99-q1-beating-flash-estimate-official-data-2022-06-07/
Gulf Cooperation Council (GCC) countries must develop ‘tech champions’ to compete with the U.S and China and add billions to their GDP by 2030, a new report by Strategy& Middle East, part of the PwC network, says.
https://www.sustg.com/new-pwc-report-highlights-119-billion-gdp-upside-of-developing-homegrown-tech-champions-in-saudi-arabia/
Saudi Arabia's Dr. Fatimah Alhamlan talks with The 966 about her experiences, work with , and journey as a Saudi student in the United States. Watch here:
https://youtu.be/OBfDf7UaoQ8?t=1
Dr. Fatimah Alhamlan from King Faisal Specialist Hospital and Research Center (KFSHRC) and founder of Rofaida, a Women’s Health Organization, joins The 966.D...
Eid Mubarak!
The Saudi Stock Exchange (Tadawul) hit its highest level in 16 years, "as tight supplies and stable demand drove oil prices higher ahead of peace talks between Russia and Ukraine," Reuters reports.
https://www.reuters.com/world/middle-east/saudi-index-hits-highest-level-16-years-oil-prices-recover-2022-03-29/
Gulf indexes ended higher on Tuesday, with the Saudi index touching its highest level in 16 years, as tight supplies and stable demand drove oil prices higher ahead of peace talks between Russia and Ukraine.
Saudi Arabia's in Riyadh has kicked off, with some big wins for U.S. defense companies...
https://www.sustg.com/inaugural-world-defense-show-in-saudi-arabia-produces-results-in-saudis-localization-drive-for-u-s-companies/
This week on The 966, the hosts and guest Khaled Almaeena talked about Russia, Ukraine, and Saudi Arabia's role in oil markets as the crisis in Europe reaches a boiling point.
A look at the oil market and Saudi oil exports as the Russian invasion in Ukraine rages. Where is Saudi Arabia’s oil going now, and what’s next for energy ma...
Saudi Arabia held celebrations on Tuesday to commemorate for the first time the Kingdom’s foundation nearly 300 years ago 🎉
https://www.sustg.com/saudis-worldwide-mark-inaugural-celebration-of-founding-day/
The Review: The Review: Dazzling Finish to Saudi International,
Mena region set to outpace global economic growth in 2022, and much more - https://mailchi.mp/sustg/the-reviewdazzling-finish-to-saudi-international-as-harold-varner-iii-sinks-near-100-foot-eagle-putt-to-win
The United States has discussed with Gulf allies including Saudi Arabia and the United Arab Emirates to hold Yemen’s Houthi group accountable after the Iranian-backed fighters attacked the UAE for the second time in a week, the White House said.
https://www.sustg.com/top-biden-officials-meet-with-saudi-ambassador-reema-bint-bandar-to-discuss-response-to-houthi-attacks-on-civilians/
The United States has discussed with Gulf allies including Saudi Arabia and the United Arab Emirates to hold Yemen’s Houthi group accountable after the Iranian-backed fighters attacked the UAE for the second time in a week, the White House said.
Blame Houthis, not Saudis, for the lingering Yemen War, White House says...“It takes two to get to a ceasefire and end the war and right now the onus is on the Houthis,” Brett McGurk said.
https://www.defenseone.com/threats/2022/01/blame-houthis-not-saudis-lingering-yemen-war-white-house-says/361289/
“It takes two to get to a ceasefire and end the war and right now the onus is on the Houthis,” Brett McGurk said.
The Circular Carbon Economy (CCE) concept has gained momentum in recent years as the best way for individual nations to combat climate change. The 966 talks with former president of KAPSARC and head of the U.S. EIA Adam Sieminski about the importance of CCE in getting the world to emissions.
https://youtu.be/-aaIDK1iRbY?t=1
The Circular Carbon Economy concept has gained momentum in recent years as the best way for individual nations to combat climate change.It is a holistic appr...
Saudi Aramco signed 50 preliminary agreements with local and international companies to redirect spending into the local economy in a bid to further support it.
https://www.thenationalnews.com/business/energy/2022/01/24/saudi-aramco-signs-50-agreements-at-iktva-forum/
Oil exporter closes deals with Schlumberger, Larsen and Toubro, Sutherland Global Services and other companies
"You can never get tired of winning..." Real Madrid hoists the Spanish Supercopa with a win over Athletic Bilbao in the match played in Saudi Arabia. Real Madrid were crowned Spanish Super Cup champions after goals from Luka Modric and Karim Benzema.
Forces of Yemen’s Saudi-backed, internationally recognized government in Yemen have reclaimed the entire southern province of Shabwa from Iran-backed Houthi rebels, the AP reports, citing officials.
https://www.sustg.com/saudi-backed-coalition-ramps-up-fighting-in-yemen-forces-re-take-shabwa-province/
Forces of Yemen’s Saudi-backed, internationally recognized government in Yemen have reclaimed the entire southern province of Shabwa from Iran-backed Houthi rebels, the AP reports, citing officials.
The second International Date Fair launched this month at the Riyadh International Convention and Exhibition Centre, with the participation of Saudi producers and others involved in the date industry. The event featured interactive displays enjoyed by adults and children alike.
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