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Recent stories from sustg
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Female Participation in Sports Soars in Saudi Arabia since Vision 2030
- August 4,2020
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- SUSTG Team
Saudi Arabia’s Ministry of Sports said that female participation in sports increased by nearly 150% over the past five years since the announcement of the Vision 2030 program, according to a report.
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Reports: Saudi Arabian-Backed Consortium Pulls Out of Bid for Newcastle United
- July 30,2020
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- SUSTG Team
A Saudi Arabian-backed consortium has pulled out of a bid to buy Newcastle United, the UK-based BBC and Sky News report.
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As Selected Hajj Pilgrims Arrive, Saudi Arabia Appears to Turn Corner on Coronavirus Cases
- July 27,2020
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- SUSTG Team
Saudi Arabia is seeing encouraging progress in the Kingdom’s efforts to stop the spread of Coronavirus, with a decrease in new cases and deaths right before the arrival of a limited number of pilgrims this year for the Hajj, according to official data.
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Reports: Successful Surgery for HRH King Salman
- July 23,2020
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- SUSTG Team
Saudi Arabia’s King Salman bin Abdulaziz underwent a successful laparoscopic surgery for an inflamed gallbladder, the official Saudi Press Agency reports.
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Coming Soon to Saudi Arabia: A ‘World Defense Show’ to Rival Abu Dhabi’s IDEX
- July 17,2020
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- SUSTG Team
Saudi Arabia’s General Authority for Military Industries (GAMI) announced the launch of a new bi-annual “World Defense Show” that will rival neighboring Abu Dhabi’s IDEX, according to a press release.
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Riyadh Becomes New Coronavirus Trouble Spot in Saudi Arabia as Cases Top 225,000 in Kingdom
- July 10,2020
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- SUSTG Team
Saudi Arabia has recorded 3,159 new coronavirus cases over the past 24 hours, raising the total to 226,486, the health ministry announced on Friday.
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Saudi Arabia Begins Return to Normal Life as Second Phase of Reopening Begins
- June 1,2020
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- SUSTG Team
Saudi Arabia has begun the second of three phases in reopening businesses, retail, and restaurants after a Kingdom-wide shutdown to stop the spread of the Coronavirus.
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Saudi Economic Data Starting to Reflect Coronavirus-Related Shutdown Measures, Jadwa Says
- May 4,2020
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- SUSTG Team
A significant portion the latest March data on the Saudi economy has begun to reflect the impact of COVID-19 containment measures, Jadwa Investment said in its most recent chartbook.
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In Coordination with Saudi Arabia, U.S. Forces Conduct Amphibious Assault Training on Saudi Islands
- April 30,2020
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- SUSTG Team
In coordination with Saudi Arabia, U.S. forces conducted a training exercise of an amphibious assault on a Saudi island, providing “800 Marines and Sailors the opportunity to train in amphibious operations in a realistic environment,” the U.S. military said.
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Saudi Arabia May Re-Route Tankers if U.S. Blocks or Adds Tariffs on Kingdom’s Oil During Record Glut
- April 22,2020
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- SUSTG Team
Saudi Arabia is preparing to look for alternative destinations for its U.S.-bound crude oil in the event that President Trump adds tariffs or refuses to allow those shipments to offload, sources told Reuters.
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MUST-READS
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Real EstateOpinion: Saudi real estate one of most attractive investment sectors
Based on the 2016 Saudi budget, real estate experts and investors in the Kingdom are anticipating in the coming period a remarkable revitalization of the real estate investment sector.
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Saudi - EgyptSaudi Arabia announces $8b in new investments and five-year oil assistance for Egypt
Saudi Arabia has pledged new support for Egypt's economy in the form of oil assistance and $8 billion in additional investments in the country.
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EgyptNew investments and mega projects to speed up Egypt’s GDP growth
Egypt’s planning minister expects the economy to grow at a pace of less than five per cent in the first quarter of the 2015-2016 fiscal year but to accelerate in coming years, stimulated by new investments and mega projects.
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Global Oil MarketsCrashing Investment, Not Saudi Market Manipulation, Will Drive The Next Oil Spike
Wood Mackenzie has tallied $200 billion in delayed mega-projects containing reserves equivalent to 20 billion barrels of oil. Once deferred, these projects cannot be restarted quickly. In some cases, project teams have been disbanded or even laid off. These include projects in West Africa, Canada, Australia, Indonesia, Norway as well as the U.S. offshore.
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Investment in AfricaChinese Investment in Africa Falls by 40%
China’s Commerce Ministry recently caused a stir when it publicly admitted that Chinese investments to Africa had fallen by 40 percent in the first half of this year. Some saw the sharp decline as a sign of the broader impact of China's slowing economy. Others, however, say it is more related to Beijing's changing approach to investments overseas.
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G20 2016Why the G-20 is a ‘Robust platform to highlight Kingdom’s investment potential’
“The Saudi economy is on par with many other G-20 nations, such as the host country Turkey in terms of size. Regionally, Saudi Arabia is a positive contributor to growth for many decades and plays an important balancing act.”
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Saudi Arabian Mining CompanySaudi: Maaden confirms investments worth $26.6bn
According to Arab News, the company was wholly owned by the Saudi government before 50% of its shares were floated on the Saudi Stock Exchange (Tadawul) in 2008.
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Global Oil MarketsOPEC, non-OPEC discuss risk to oil investment, no output cuts
A meeting of oil experts from OPEC and non-member countries discussed the risk that low oil prices would reduce investment in new supplies but agreed no concrete steps on boosting the market, officials said after the talks on Wednesday.
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Saudi-SwedenSweden Seeks Saudi Investments as Ties Improve After Rights Spat
Sweden is exploring new investments in Saudi Arabia six months after a diplomatic spat threatened bilateral trade ties.
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HealthcareDubai’s Aster DM Healthcare in $245 mln Saudi hospital investment
Oct 18 Aster DM Healthcare, a Dubai-based healthcare company, has bought an additional 57 percent stake in a hospital in Riyadh for 900 million dirhams ($245 million), it said on Sunday.
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