Analysis

SPORTS

Saudi Arabia Will Host a Formula One Race Next Year for the First Time

• SUSTG Team
• |
• 11. 6. 2020

Saudi Arabia will host a Formula One race next year, a move aimed at boosting tourism, sports and entertainment in the Kingdom, according to reports.

• Petrochemicals

  

  Saudi Aramco, SABIC ‘Reassess’ $20b Crude-Oil-To-Chemicals Project — Reports

  SUSTG Team  |  10. 19. 2020

  Saudi Aramco and Saudi Basic Industries Corporation (SABIC) have decided to re-evaluate their $20 billion crude-oil-to-chemicals project and are now looking at integrating existing facilities instead, in a move to save costs in the face of lower oil prices, according to Reuters.

• Sports

  

  Saudi Arabia Bids to Host 2030 Asian Games in Riyadh

  SUSTG Team  |  10. 7. 2020

  Saudi Arabia’s sports minister Prince Abdulaziz bin Turki Al-Faisal on Sunday launched the Kingdom’s official campaign to help secure enough votes from members of the Olympic Council of Asia (OCA) to host the 21st Asian Games in 2030, according to reports.

• Tourism

  

  Saudi Tourism Development Fund Inks Deal with Riyadh Bank, Banque Saudi Fransi for $43 Billion of Projects

  SUSTG Team  |  9. 29. 2020

  Saudi Arabia's Tourism Development Fund signed an agreement with Riyadh Bank and Banque Saudi Fransi to finance up to 160 billion riyals ($43 billion) of tourism projects in the kingdom, state news agency SPA reported.

• G20

  

  Saudi Arabia Confirms G20 will be Held Virtually on November 21-22

  SUSTG Team  |  9. 28. 2020

  The G20 leaders summit will be held virtually‮ ‬on Nov. 21-22, Saudi Arabia said on Monday, in a blow to the Kingdom's hopes of hosting the gathering in-person in Saudi Arabia, according to a statement.

• G20

  

  Road to the G20: 2-Day Science-focused S20 Summit Begins Today

  SUSTG Team  |  9. 25. 2020

  Saudi Arabia today convenes the S20 engagement group of the G20 nations, a science-focused group lead this year by the King Abdullah University of Science and Technology (KAUST) in Thuwal, Jeddah.​

• G20

  

  Road to the G20: L20 Summit, Focused on Workers and Labor, Emphasizes Inclusion of Women and Youth

  SUSTG Team  |  9. 18. 2020

  On the 7th and 8th of September, the Labor 20 engagement group launched its Saudi L​​​20 Summit, titled “A New Social Contract for Recovery and Resilience," which was held in the Saudi capital Riyadh in accordance with COVID-19 safety measures.

• Media

  

  Netflix, Saudi Animation Studio Myrkott Sign 5-Year Deal for New Saudi-Focused Shows and Films

  SUSTG Team  |  9. 16. 2020

  Global content powerhouse Netflix has signed a 5-year deal with a Saudi animation studio to produce Saudi-focused content for the platform, according to Esquire Middle East.

• Construction

  

  Report: Saudi Binladen Group Seeks to Accelerate Corporate-Debt Revamp

  SUSTG Team  |  9. 9. 2020

  Troubled construction giant Saudi Binladin Group (SBG) plans to hire additional advisers "to accelerate one of the Middle East’s biggest corporate-debt revamps and tackle its estimated $15 billion debt pile," Bloomberg reports.

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  With Saudi Success with OPEC+ Cuts, Jadwa Downgrades Saudi GDP Forecast in 2020

  SUSTG Team  |  8. 26. 2020