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Another Houthi attack on Saudi Arabia’s Abha airport leaves nine injured
- July 2,2019
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- SUSTG Team
A Houthi drone attack on Saudi Arabia’s Abha airport has injured nine civilians on Tuesday, the latest in a series of recent cross-border terrorist attacks by the Iran-backed group in Yemen. Eight Saudis and one Indian citizen were injured in the attack. The Houthis have recently stepped up attacks against targets in Saudi Arabia, which is […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 3: Ad Diriyah
- June 28,2019
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- SUSTG Team
Over the course of seven weeks, SUSTG is publishing a series of posts highlighting the seven wonders of Arabia as selected and featured by AramcoExpats.com, an online blog that is a resource for current and former Saudi Aramco expatriates and their families. As the Kingdom prepares to open itself up to more visitors and boost its tourism industry in line with Vision […]
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The Seven Wonders of Arabia, Aramco Expats’ Tribute to the Kingdom’s Top Heritage Sites – Part 2: Historic Jeddah
- June 21,2019
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- SUSTG Team
Last week, SUSTG published the first in a series of posts highlighting the seven wonders of Arabia as selected and featured by AramcoExpats.com, an online blog that is a resource for current and former Saudi Aramco expatriates and their families. As the Kingdom prepares to open itself up to more visitors and boost its tourism industry in line […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 1: Madain Salih
- June 14,2019
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- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. The blog noted that this list was, in fact, the seven runners up to […]
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Saudi Arabia Replaces Head of Civil Aviation by Royal Decree Amid Airport Delays
- May 8,2019
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- SUSTG Team
Saudi Arabia replaced the head of its civil aviation authority on Wednesday, Reuters reports, appointing Abdelhadi Al-Mansouri president of the General Authority for Civil Aviation (GACA). Al-Mansouri’s appointment fills a position that has been vacant officially since January, when his predecessor, Abdelhadi Al-Mansouri, was dismissed. He was appointed in June 2017. No details were given on the […]
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High Stakes as Saudi Arabia, Russia Leaders Meet on Sidelines of G20
- November 30,2018
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- SUSTG Team
Top officials from Russia and Saudi Arabia are set to test their energy policy coordination through a series of meetings this week, both in Argentina on the sidelines of the G20 meeting and in Vienna, Austria next week for a meeting between OPEC and non-OPEC producers. Crude futures have fallen more than 25 percent since climbing to a four-year peak […]
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Donald Trump Affirms Solidarity with Saudi Arabia in Written Statement as Top Senators Vow Further Action
- November 21,2018
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- SUSTG Team
President Donald Trump vowed on Tuesday to remain a ‘steadfast partner’ of Saudi Arabia despite saying that Saudi Crown Prince Mohammed bin Salman may have known about the plan to murder dissident journalist Jamal Khashoggi last month. “This is an unacceptable and horrible crime,” President Trump said in the statement, but added, “our relationship is with […]
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Top Think Tank in Saudi Arabia Studying ‘Hypothetical World Without OPEC’
- November 9,2018
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- SUSTG Team
Saudi Arabia’s King Abdullah Petroleum Studies and Research Center in Riyadh is studying what happens to oil markets in a hypothetical world without OPEC, according to the Wall Street Journal and other reports. The study does not represent government thinking or any active discussions about OPEC within the Saudi government. “We’re looking at what happens if […]
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The Cohen Group will Launch a Saudi Arabia Office, Company Says
- September 13,2018
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- SUSTG Team
Global business advisory firm The Cohen Group announced today that it will launch an office in Riyadh, Saudi Arabia as the company focuses more on the region’s largest economy. The new office will “serve as the hub for the firm’s operations in the region,” the company said in a press release today. “Our decision to open a […]
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MSCI, Tadawul Sign Agreement to Launch a Tradeable Index Later This Year
- September 5,2018
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- SUSTG Team
Global index provider MSCI announced the signing of an agreement with the Saudi Stock Exchange Co (Tadawul) to jointly launch a tradeable index later this year, Reuters reports, a “move that could spur the growth of derivatives and exchange-traded funds.” The Tadawul said it would introduce exchange-traded derivatives in the first half of 2019. According to a […]
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MUST-READS
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Saudi’s Nejree raises $15 million Series A for its try-before-you-buy fashion ecommerce platform
OhSaudi-based fashion ecommerce platform Nejree has raised $15 million in a Series A led by Impact46’s growth fund, it announced in a statement today. The round takes Nejree’s total financing to over $19 million. The Riyadh-headquartered startup had raised $4 million in a Pre-Series A round in December 2019. Founded in 2018 by Ibrahim Al Mogren, Nejree started as an online retailer for sneakers but now also sells apparel. The web and mobile-based platform features products for men, women, and kids, from leading international brands, including Adidas, Nike, Lacoste, Puma, Under Armour, Rebook, Converse, and many more.
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Series of attacks target U.S. personnel in Iraq and Syria
U.S. diplomats and troops in Iraq and Syria were targeted in three rocket and drone attacks in the past 24 hours, U.S. and Iraq officials said on Wednesday, including at least 14 rockets hitting an Iraqi air base hosting U.S. forces, wounding two American service members.
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Netflix Announces A New Season Of The Saudi Animation Series “Masameer County”
The new season is packed with fun and adventure. It offers a humorous view of the changing Saudi and follows the Masaamer gang as they venture into a global media war, a long-standing tribal feud, and a health craze gone too far. “Masameer County” will air over 8 episodes exclusively on Netflix.
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Global golf superstars confirmed for $1 million Aramco Team Series in London
Some of the biggest names in women’s golf will tee off in the inaugural Aramco Team Series event in London next month. The groundbreaking three-day event, which has a $1 million total prize pool, is the first of four over the coming months in a new format that gives amateur golfers the chance to play alongside professional stars of the Ladies European Tour (LET). It is part of series of initiatives by the Saudi energy company to support sport and diversity
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Abu Dhabi’s Rizek raise $10 million Series A to expand its home services platform to Saudi & Egypt
Launched in 2020, the startup calls itself the super-app for on-demand home services – and rightly so. It offers tens of services in eight main categories – including cleaning, beauty and wellness, healthcare, men’s grooming, maintenance, business and design, automotive, and packers and movers.
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Guinness World Record: Saudi girl aged 12 becomes world’s youngest novel series author
A young girl from Saudi Arabia has broken the Guinness World Record to become the globe's youngest writer of a novel series. Ritaj Alhazmi, 12, has published a series of three English-language novels, two of which came out before her last birthday.
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Research in north-west Arabia uncovers one of world’s oldest series of monumental structures as AlUla reveals details of its new global hub for archaeology
The Kingdoms Institute, the recently unveiled centre for archaeological research and conservation studies in AlUla, today announced a significant archaeological discovery in north-west Saudi Arabia: the monumental, complex structures called mustatils are more ancient than previously believed. The update comes on the anniversary of the announcement of Saudi Vision 2030, which was unveiled five years ago this week, and to which The Kingdoms Institute will be a key contributor.
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Commentary: Saudi Ramadan Series Links Economic Development and Civic Duty
Shugairi travels around the kingdom exploring various development projects and highlighting potential for further initiatives. As part of these visits, he sheds light on government initiatives that aim to improve the quality of life for residents in the kingdom. Many still seem to be largely unknown, as shown by Shugairi’s interviews with Saudi residents. Therefore, an added dimension to the show seems to be to create awareness for the government’s achievements, while at the same time encouraging the population to take an active role in the changes around them.
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E-commerce platform Zid raises $7M Series A funding
Zid, KSA-based E-commerce enablement platform, has successfully raised $7M (26M SAR) in a Series A funding round, led by Global Ventures and alongside existing investors Elm and Arzan VC. This is the second round of investment Zid has received since the business was founded in 2017 and follows a pre-series A investment round of $2M in July 2019, led by Elm.
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Saudi’s Hala raises $6.5 million Series A to become a digital bank for SMEs
Riyadh-based fintech Hala (previously known as Halalah) has raised $6.5 million in a Series A round led by Impact46 (who invested through their growth fund). The round also included participation of Wamda and some other investors.
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