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Recent stories from sustg
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PIF to Host Major Private Sector Forum Set for March 14-15; Announcements Expected at Event to ‘Strengthen Saudi Local Economy’
- March 7,2023
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- SUSTG Team
Saudi Arabia’s sovereign wealth fund is all set to host a private sector forum next week in Riyadh at the Four Seasons to strengthen the Kingdom’s local economy.
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Antonia Carver, director of Art Jameel, Riyadh’s New Murabba Development, Founding Day 2023 and more
- February 24,2023
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- SUSTG Team
In Episode 76, The 966 welcomes Antonia Carver director of Art Jameel, who discusses her work supporting artists and creative communities in the Middle East region and beyond. Art Jameel was founded by the Jameel family philanthropies and is headquartered in Saudi Arabia and the UAE and works globally. Before the discussion, the hosts talk […]
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Saudi Arabia Sends their First Female Team to an International Tennis Federation (ITF) Event
- February 23,2023
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- SUSTG Team
This week saw another “first” for Saudi women and women’s sports in the Kingdom as the Saudi Arabia sent their first female team to an International Tennis Federation (ITF) event, Reuters reports.
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Saudi Arabia Crown Prince launches New Murabba Development Co. to Develop Riyadh’s Downtown
- February 16,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince, HRH Prince Mohammed bin Salman, has launched a new initiative called the New Murabba Development Co. to develop Riyadh’s downtown “through the building of a unique living, working, and entertainment experience.”
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Physician-scientist Dr. Doaa Alsaleh MD joins The 966, plus a new visa to visit Saudi and much more
- February 3,2023
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- SUSTG Team
In Episode 74, a conversation with Dr. Doaa Alsaleh MD, a physician-scientist at the Icahn School of Medicine at Mount Sinai in New York City on her journey, work, research, and future before returning to work in Saudi Arabia soon. Dr. Doaa was born in Saudi Arabia, got her medical degree in Bahrain, and is now […]
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Saudi Aramco Acquires Trading Arm of US Refiner Motiva
- January 18,2023
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- SUSTG Team
Saudi Aramco has acquired the trading arm of US refiner Motiva Enterprises LLC, according to Bloomberg, as Aramco expands its operations in the Americas.
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Saudi Arabia’s Flynas Eyes Overseas Expansion in Bid to Reach Top 5 Lowcost Carriers Globally
- January 16,2023
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- SUSTG Team
Saudi Arabia-based low-cost carrier Flynas said its board approved establishing local units outside the Kingdom’s borders in two more countries “as part of a plan to become the Middle East’s largest discount airline and one of the five biggest globally,” Bloomberg reports.
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In Boost for Local Artists, Saudi Government Mandates Hotels to Purchase Works by Saudis to Stimulate Art Scene
- January 9,2023
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- SUSTG Team
The Saudi Ministry of Culture on Saturday announced that hotels in the kingdom must acquire the artworks of local artists to support the country’s growing art scene, according to reports.
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Saudi Arabia’s Tourism Sector Booms as Inbound Tourists, Spending Up 5x in Q2 – MISA
- December 14,2022
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- SUSTG Team
Tourism to Saudi Arabia grew substantially in the second quarter of 2022, with the Kingdom seeing a 575.4 percent year-on-year increase in inbound tourists to the Kingdom, Saudi Arabia’s Ministry of Investment (MISA) said.
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A World Cup Episode of The 966 including a conversation about the in-person fan experience with Dr. Mohammed Alhajji
- December 9,2022
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- SUSTG Team
In episode 68, The 966 does a full episode on the World Cup 2022 in Qatar. The hosts react to the matches played and the smooth execution of the major sporting event by Qatar. Then the hosts welcome Dr. Mohammed Alhajji, who attended several of the matches including Saudi Arabia’s historic win over Argentina.
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MUST-READS
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Commentary: Why Saad Hariri Is Back In Charge of Lebanon
An entrenched sectarian political system, self-serving leaders leftover from the civil war, and a protest movement more ambitious than organized seem to have set Lebanon’s revolution back where it started.
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After year of turmoil, Hariri returns as Lebanese premier
A year after Lebanon was rocked by huge protests against its entrenched ruling elite, politicians have picked the same prime minister who was pushed out then to lead it out of crisis now.
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Governor of Saudi Arabian Monetary Authority Says Central Bank Digital Currencies Seem Promising and are Worth Exploring
Dr. Ahmed Abdulkarim Alkholifey, the Governor of Saudi Arabian Monetary Authority (SAMA), the nation’s reserve bank, says that central bank digital currencies or CBDCs seem to be promising and are worth further exploration.
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Opinion: Bandar speaks out: the changing landscape in the Mideast
In all likelihood, the bigger Arab states like Saudi Arabia and Morocco will move in stages, and the Palestinians can gain from that. But they have to play. They cannot repeat their historical pattern of always rejecting the openings of others (such as Egypt and the UAE) and aligning with those who reject them — Saddam Hussein in response to Sadat’s peace, Turkey and Iran in response to the UAE today.
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Taliban to ‘reset’ commitments under agreement with Washington to bring down violence: U.S. special envoy
The U.S. special envoy to Afghanistan said on Thursday he had struck an agreement with the insurgent Taliban to “re-set” their commitments under a troop withdrawal deal and reduce the number of casualties in the country, which has seen heavy fighting in southern Helmand province.
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Saudi bank mergers welcome as long as good for economy – central bank governor
Saudi Arabia’s central bank governor said on Wednesday that bank mergers are welcome as long as they are good for the economy, after its biggest bank entered a binding merger agreement to create the Gulf’s third largest lender. The Saudi Arabian Monetary Authority (SAMA) is currently considering issuing new bank licences, its governor, Ahmed al-Kholifey, said.
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Afghan forces launch counter assault after Taliban offensive overshadows talks
Afghan security forces launched a counter offensive in the south against Taliban fighters, officials said on Tuesday, as fighting raged for a third straight day in a major insurgent offensive that has overshadowed peace talks.
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In Former Taliban Stronghold, Defiant Women Hit the Gym
The health club was opened late last year by Maryam Durani, 36, an indomitable women’s rights advocate who has survived two suicide bombings, an assassination attempt and countless death threats — not to mention harsh public condemnation for opening the club.
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US forces hit Taliban with air strikes in Helmand
American forces conducted over the past couple days several airstrikes in support of Afghan security force under attack by Taliban in the southern Helmand province, the spokesman for the U.S. military in Afghanistan said on Monday.
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Saudi plan to allow more foreign banks to benefit projects
"SAMA is quite open regarding the operation of new banks in Saudi Arabia...there is a plan to increase the number of banks in the Kingdom to serve its massive economy through project finance and other activities in line with Vision 2030," Shatri told the Saudi Arabic language daily Aliqtisadia.
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