Episode 11 of The 966 has the hosts talking about the Red Sea International Film Festival, King Salman in his 7th year on the throne, and Saudi Arabia at COP 26.

2:58 – Rivian’s IPO. Rivian, the electric adventure vehicle company, IPOed this week. The stock began trading at $106.75 a share, giving Rivian a market valuation of $91 billion.

5:36 – Saudi Arabia gears up to host world’s largest camel fest.   

8:24 – Saudi Arabia’s Red Sea International Festival. This is Saudi Arabia’s first-ever film festival, and it will run from December 6-15 in Jeddah, Saudi Arabia. The original date was in 2020. In total, the Red Sea Film Festival will feature 138 feature films and shorts from 67 countries in 34 languages, including 25 world premieres. Among this lineup are a slate of 27 new Saudi features from emerging local filmmakers.

13:41 – 7 Years of King Salman. Saudi’s worldwide celebrated the 7th anniversary of King Salman ascending to the throne as custodian of the two holy mosques. The second youngest of the Sudairy seven, King Salman is the 7th King of Saudi Arabia. The hosts discuss why he is the Reformer King.

35:54 – Saudi Arabia at COP 26. OPEC+ countries, including Saudi Arabia, are defending a future role for fossil fuels at COP26.
“It is imperative that we recognise the diversity of climate solutions, and the importance of emissions … without any bias towards or against any particular source of energy,” Saudi Arabian Energy Minister Prince Abdulaziz bin Salman Al-Saud said in a speech to the conference.
“We should use all [energy] resources as long as we congregate around mitigating.”