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With transfer season underway Saudi Professional League evolves strategy
- July 22,2024
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- SUSTG Team
The SPL has shifted from last year’s extensive talent acquisition—where 97 players were signed—to a more strategic approach this season. The Saudi transfer window opened on July 18 and will close on September 2, aligning with European leagues. This change indicates a focus on filling specific gaps and enhancing overall team quality rather than a […]
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NASA Signs US, Saudi Arabia Agreement for Civil Aeronautics, Space Collaboration
- July 17,2024
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- admin
The United States and Saudi Arabia signed a framework agreement that opens new possibilities for cooperation with NASA in areas such as space science, exploration, aeronautics, space operations, education, and Earth science. NASA Administrator Bill Nelson signed on behalf of the U.S., and CEO of the Saudi Space Agency Mohammed bin Saud Al-Tamimi signed on behalf […]
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Saudi Arabia rises on Expat Insider 2024 rankings
- July 12,2024
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- SUSTG Team
For its 11th edition of the Expat Insider survey, InterNations surveyed 12,500 expats representing 175 nationalities living in 174 countries or territories on their thoughts on what it’s like to live and work abroad.
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Saudi trails only Singapore in Emerging Market VC in H1 2024
- July 11,2024
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- SUSTG Team
Magnitt’s H1 2024 Saudi Arabia Venture Investment Report, sponsored by SVC, underscores Saudi Arabia’s leading role in the MENA VC landscape and its continued appeal to both local and international investors.
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Saudi Arabia grants citizenship to 2nd group of distinguished global talents
- July 5,2024
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- SUSTG Team
A Royal decree has been issued to grant Saudi citizenship to a number of scientists, medical doctors, researchers, innovators, entrepreneurs, and distinguished talents with unique expertise and specializations including Dr. Mehmood Khan, an American and the CEO of the Hevolution Foundation, the Saudi Press Agency reported on Thursday.
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Esports World Cup is Underway in Riyadh
- July 3,2024
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- SUSTG Team
The Esports World Cup Foundation celebrated the start of the Esports World Cup , the world’s largest gaming festival, held at Boulevard City in Riyadh, Saudi Arabia. The event runs for eight weeks, from July 3 – August 25 with more than 1,500 players from the best esports clubs across the globe competing for prizes in 22 tournaments across 21 games.
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Aramco Makes Two Major U.S. Gas Plays
- June 27,2024
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- admin
As part of its efforts to expand its presence in international energy markets, Aramco has signed agreements with U.S. energy companies Sempra and NextDecade to tap into the growing U.S. LNG sector.
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MSCI Emerging Markets Index – Saudi Equities Five Years After Inclusion
- June 25,2024
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- SUSTG Team
Since May 2019, the MSCI Saudi Arabia and MSCI Tadawul 30 Indexes and the MSCI Saudi Arabia Investable Market Index (IMI) have outperformed the MSCI Emerging Markets IMI. Also, Saudi Arabia’s equity market has expanded to offer investors more-diversified sector exposures.
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Saudi-US Trade and Investment Framework Agreement (TIFA) Council Meetings Underway
- June 24,2024
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- SUSTG Team
The General Authority of Foreign Trade (GAFT) which is part of the Saudi Ministry of Commerce is leading Saudi Arabia’s delegation at the eighth meeting of the Saudi-US Trade and Investment Framework Agreement (TIFA) Council, held between June 23 and 28, 2024, in Washington, DC.
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KSA Climbs to 16th in World Competitiveness Ranking
- June 19,2024
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- SUSTG Team
Saudi Arabia advanced to 16th place in the World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development. Saudi Arabia ranked fourth among the G20 countries, supported by improved business legislation and infrastructure.
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MUST-READS
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Saudi Space Commission elevated to Saudi Space Agency, expanding Kingdom’s ambitions
Saudi Arabia’s Saudi Space Commission has officially been transformed into an agency under the name of the Saudi Space Agency (SSA) following Cabinet approval during a session on Wednesday. “The Council of Ministers resolution to transform the Saudi Space Commission into the Saudi Space Agency reflects the continuous interest in creating a sustainable economic and innovative environment for the space sector and its technologies,” the agency said on its Twitter account after the decision was issued.
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Saudi astronauts prepare to leave International Space Station after historic mission
On Monday, the two Saudi citizens and their American colleagues, Peggy Whitson and John Shoffner - who make up the four-person crew dubbed the Axiom-2 mission - finished up all science and media outreach events and started packing the SpaceX Dragon spacecraft for their return home. Axiom Space, which led the all-private astronaut mission to ISS, said, after working in the life sciences glovebox for six days in a row, Barnawi utilized the glovebox one last time for the DNA Nano Therapeutics study, producing the final set of DNA-inspired Janus base nanomaterials on-orbit.
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‘Saudi Towards Space’: Travelers will have their passports stamped with new commemorative seal
A new seal with the theme of "Saudi Arabia Toward Space" has been launched to decorate the passports of travelers upon their departure from the Kingdom's airports The seal was launched by the Ministry of Interior, represented by the Directorate General of Passports (Jawazat) in cooperation with the Saudi Space Commission. The seal will be available to be stamped on the travelers' passports at King Abdulaziz International Airport in Jeddah, King Khalid International Airport in Riyadh, and King Fahd International Airport in Dammam,
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Spain trade losses mount as dispute with Algeria drags out
Since the breakdown in relations between Spain and Algeria in June 2022, all trade between the two countries has virtually stopped, except for gas and oil. Algeria imposed sanctions in the wake of Spain's change of position on Western Sahara, resulting in Spanish exports to Algeria declining by more than 80 percent, according to data analysed by Middle East Eye. The latest data from the Spanish Ministry of Tourism, Industry and Trade shows that from June 2022 - when Algeria imposed trade sanctions on Spain - to March 2023, Madrid exported a paltry $213m worth of goods.
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Iraq Oil Output Continues To Fall Amid Turkey Spat
Oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has continued to drop, extending a stoppage that has lasted nearly two months. Export flows to Türkiye's Ceyhan port show few signs of restarting months after Ankara halted Iraq’s 450,000 barrels per day (bpd) of exports through the Iraq-Türkiye pipeline on March 25 following an ICC ruling that Türkiye should pay Baghdad damages of $1.5 billion for unauthorized exports by the KRG.
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Saudi Arabia office space demand soars as supply crisis sparks race for premium HQs
Office space demand soars to record levels in Saudi Arabia amid influx of businesses setting up HQs in the Kingdom, but scarcity of suitable units has forced many to compromise on less than desirable alternatives, an industry expert told Arabian Business.
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US ambassador wishes Saudi astronauts well before space mission: Video.
Michael Ratney, the US ambassador to Saudi Arabia, has extended a message of support and well wishes to the two Saudi astronauts scheduled to take part in Axiom Mission 2 on Sunday.
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Reaching for the stars: How Saudis made it to space
Saudi astronauts Rayyanah Barnawi and Ali Alqarni have embarked on the Axiom Mission 2 to the International Space Station after blasting off in a SpaceX Falcon 9 rocket from the Kennedy Space Center in Florida. Barnawi, who is the first Arab woman to reach orbit, graduated from the University of Otago, New Zealand with a BA in biomedical sciences, and obtained a master’s degree in biomedical sciences from Alfaisal University.
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SpaceX launches private flight carrying Saudi Arabia’s 1st woman astronaut to ISS
Saudi Arabia’s first astronauts in decades rocketed toward the International Space Station on a chartered multimillion-dollar flight Sunday. SpaceX launched the ticket-holding crew, led by a retired NASA astronaut now working for the company that arranged the trip. Also on board: a U.S. businessman who now owns a sports car racing team. The four should reach the space station in their capsule Monday morning; they’ll spend just over a week there before returning home with a splashdown off the Florida coast.
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SpaceX launches first Saudi astronauts on private flight to space station
The second-ever private mission to the International Space Station launched Sunday carrying a Saudi man and woman, the first citizens from their country to travel to the orbiting outpost. The SpaceX Falcon 9 rocket roared into the sky from Kennedy Space Center on Florida's east coast on a mission organized by Axiom Space company.
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