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Saudi Arabia Issues International Travel Guidelines for Vaccinated Residents, Ramps Up Vaccination Drive
- May 24,2021
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- SUSTG Team
Saudi Arabia released new guidelines for resident travelers who are vaccinated, allowing them to travel abroad and return if they do not enter or pass through certain countries.
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Saudi Arabia Opens Up International Travel; Saudis Rejoice
- May 17,2021
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- SUSTG Team
Vaccinated Saudis will be allowed to leave the kingdom for the first time in more than a year on Monday as the country eases a ban on international travel, according to reports. The Ministry of Interior announced it will open land, sea, and air borders, allowing Saudi citizens to travel outside of the Kingdom beginning May […]
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Saudi Arabia’s Public Investment Fund Reportedly Eyes IPO for Security Company Elm
- May 11,2021
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- SUSTG Team
Elm, the digital security firm owned by Saudi Arabia’s Public Investment Fund (PIF), is exploring a roughly $2 billion initial public offering (IPO), Bloomberg reports.
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Saudi Arabia to Serve as Launch Point for Major Cruise Line for First Time in 2021
- May 5,2021
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- SUSTG Team
Saudi Arabia will become the launch point for a major cruise line for the first time later this year, CNN reports, with MSC Cruises operating a new series of voyages exploring the Red Sea coast of the Kingdom.
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Saudi Arabia Crown Prince: U.S., Saudi Arabia Still ‘Brothers’, Says Differences Minimal
- April 28,2021
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- SUSTG Team
Crown Prince Mohammed bin Salman of Saudi Arabia said in televised remarks aired on Tuesday in the Kingdom that the United States was still a strong strategic partner under the Biden administration and that Riyadh and Washington had only a few differences which it was working to resolve.
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Vice Media Group to Partner with SRMG, Open Office in New Trendy Arts and Culture District in Riyadh
- April 2,2021
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- SUSTG Team
Edgy global media brand VICE Media Group today unveiled the expansion of its commercial operations into Riyadh with the launch of a new local office and partnership with top Saudi media brand, the Saudi Research and Marketing Group (SRMG).
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Report: Lucid Motors Committed to Building Factory in Saudi Arabia after PIF Investment Round
- March 10,2021
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- SUSTG Team
A Wall Street Journal report on Tuesday revealed that the electric-car startup Lucid Motors Inc. has an “undisclosed commitment to build an assembly plant in Saudi Arabia, a potentially costly promise the company made after accepting more than $1 billion in financing from the Saudi Public Investment Fund in 2018.” The promise could be both […]
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Saudi Economy: Latest Economic Indicators Point to Evidence of Recovery — Jadwa Investment
- March 2,2021
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- SUSTG Team
Economic indicators for the Saudi economy from the month of January continued to point to a recovery in the non-oil sector, Jadwa Investment says in its latest Chartbook detailing the fundamentals of the Kingdom’s economy.
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Saudi Arabia’s PIF Significantly Increases Investments in U.S. Markets, Wins Big on Live Nation
- February 22,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) significantly increased its holdings and investments into U.S. companies in the fourth quarter (Q4) of last year, public filings made public last week show, after slashing its exposure in Q3. The PIF’s total investments in the U.S. market reached $12.8 billion in the fourth quarter last year, up from $7 billion […]
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Dazzling Designs Revealed for a ‘Coral Bloom’ Concept at Saudi Arabia’s Red Sea Project’s Main Hub Island at Shurayrah
- February 12,2021
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- SUSTG Team
Saudi Arabia this week unveiled a new, visionary design and plans for the Red Sea project’s main hub island at Shurayrah, a “Coral Bloom” concept created by world-renowned architecture firm Foster + Partners.
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MUST-READS
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AfghanistanTaliban repel Afghan forces’ bid to reach U.S. plane crash site
Speaking on condition of anonymity, U.S. officials said the plane was carrying fewer than five when it crashed, with one official saying initial information showed there were at least two.
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Iraq‘No, No America’: Iraq protesters demand expulsion of U.S. troops
Populist cleric Moqtada al-Sadr convened the march after the U.S. killing of an Iranian general and an Iraqi paramilitary chief in Baghdad this month. His eventual decision to hold it away from a separate anti-government protest camp, and away from the U.S. embassy, looked pivotal in keeping the march peaceful.
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U.S.-IranSuccessor to slain Iran general faces same fate if he kills Americans – U.S. envoy
After Soleimani’s death, Tehran swiftly appointed Esmail Ghaani as the new head of the Quds Force, an elite unit in the Revolutionary Guards that handles actions abroad. Ghaani has pledged to pursue Soleimani’s course.
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U.S.-ChinaChina-U.S. Deal Sets Up Brazil and Saudis Among Likely Losers
“The temptation for China will be to hit the targets on higher imports from the U.S. by switching purchases from elsewhere,” they wrote. “That’s especially true for imports of energy and agricultural products, which are much the same no matter where they come from.”
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AfghanistanOfficials Say U.S. Drone Strike Killed 10 Civilians In Western Afghanistan
A U.S. drone strike earlier this month in the western Afghan province of Herat that apparently targeted a militant group also killed at least 10 civilians, including three women and three children, an Afghan rights official and a council member said on January 22. The Afghan official said the strike took place in the district of Shindand on January 8. Five other civilians, including two children, were wounded, said the official, who is on Afghanistan's Human Rights Commission. He was speaking on condition of anonymity because he was not authorized to talk to reporters.
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U.S.-IranU.S. Looks to Maintain Pressure on Iran as Tensions Cool
Trump administration officials say they aren’t seeking regime change, just a dramatic shift in Tehran’s approach to military and foreign affairs. But some U.S. officials also believe a collapse could pave the way for a more moderate government.
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EgyptPompeo Felt ‘Outrage’ Over U.S. Citizen’s Death in Egypt
U.S. Secretary of State Mike Pompeo “expressed outrage” to Egypt’s president on Sunday at the death of an American citizen who insisted he had been wrongfully held in Egyptian prison, according to a state department spokeswoman. Pompeo’s sharp remarks signal the U.S. government intended to place the death of Mustafa Kassem, 54, following his protracted hunger strike last week, high on the diplomatic agenda.
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U.S. EnergyU.S. oil and gas boom tamed by sharply lower prices
U.S. oil and gas production growth is slowing, as lower prices force shale firms to reduce new well drilling and completion rates, and the slowdown is set to intensify this year. Low prices and the need to conserve cash, rather than a sudden conversion to the merits of investment discipline, have brought the drilling and production boom of 2017/18 to a halt. U.S. crude oil output was up almost 9% in the three months between August and October compared with the same period in 2018, according to data from the U.S. Energy Information Administration.
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U.S. Military‘A Very Stable Genius’ book excerpt: Inside Trump’s stunning tirade against U.S. generals
The Tank meeting was a turning point in Trump’s presidency. Rather than getting him to appreciate America’s traditional role and alliances, Trump began to tune out and eventually push away the experts who believed their duty was to protect the country by restraining his more dangerous impulses.
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IranIn rare Friday sermon, Iran’s Khamenei says U.S. suffered blow to ‘superpower image’
Ayatollah Ali Khamenei, Iran’s top political and religious authority, spoke at the Grand Mosalla mosque complex in central Tehran, where he led Friday prayers for the first time in eight years. His address follows weeks of turmoil in Iran as a result of the U.S. killing of Maj. Gen. Qasem Soleimani, commander of the elite Quds Force, in Iraq earlier this month.
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