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Saudi Government Reacts to Potential Omicron Variant Threat, Blocks Travel from 18 Countries
- November 29,2021
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- SUSTG Team
Saudi Arabia, whose proactive and comprehensive response to the Coronavirus pandemic that started in 2020 placed the Kingdom in an enviable position globally as new daily cases remain under 100 since September, is taking initial precautionary measures to the new potential threat of the Omicron variant, according to reports.
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Saudi Approach to Pandemic a ‘Model to the World’; Challenges and Opportunities in Kingdom’s Healthcare Sector
- November 23,2021
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- SUSTG Team
Saudi Arabia has all but defeated the Coronavirus pandemic within its borders. New cases in Saudi Arabia have remained below the 100 mark since mid-September, making the Kingdom the envy of most other countries who are struggling to keep the virus under control. A new report from Jadwa Investment highlights how Saudi Arabia’s approach to dealing […]
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The 966 E12: The Price of Oil in 2022, Redefining Saudi Citizenship, and Two New Mega-Developments in Saudi Arabia
- November 19,2021
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- SUSTG Team
In Episode 12 of The 966, the hosts tackle a recent oil price prediction from the IEA, a new Saudi Royal Decree that grants citizenship to “exceptional” people, and discuss the two newly announced mega-developments in Saudi Arabia and how they stack in comparison to the other mega- and giga-projects in the Kingdom.
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Race to the Finish for Saudi Arabia’s F1 Circuit Track Construction in Jeddah; Officials Say Track will be Ready
- November 9,2021
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- SUSTG Team
Despite media reports that say there is a lot of work left to be done, Formula One’s governing body has said it is confident Saudi Arabia will be ready for its grand prix debut next month, multiple sources told Reuters. The race is set to run at night under the lights in Jeddah on December […]
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The 966, Episode 10 – A World’s Fair in Riyadh, Excavating Al-Ula, and will Saudi Arabia Produce Cars Soon?
- November 5,2021
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- SUSTG Team
This week on The 966 Episode 10, the hosts discuss how Saudi Arabia is in talks with several carmakers about manufacturing in the Kingdom’s borders. Also, a team of French and Saudi archaeologists has begun work on excavating near Al-Ula in Saudi Arabia in hopes of discovering the remnants of the ancient and long-forgotten kingdoms of […]
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Saudi Economy Surges as Non-Oil PMI Rises to Highest Since 2015 – Jadwa Investment
- November 1,2021
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- SUSTG Team
Saudi Arabia’s economy continued to gather significant momentum as nearly every recent measurement or data point available pointed to an expanding economy. In Jadwa Investment’s recent Chartbook for Saudi Arabia for the month of November, which uses data largely from September, non-oil PMI rebounded significantly rising to 58.6, the highest reading since 2015, supported by improving business […]
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Will Oil Reach $100?
- October 19,2021
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- SUSTG Team
In June, Bank of America forecasted that oil may reach $100 by sometime in 2022 on surging demand and a rebounding global economy. At the time, the Charlotte, NC-based bank was the most bullish of the major forecasters for a return to triple digits by 2022.
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Biden Administration Welcomes Saudi Engagement with Iran, Talks Still in ‘Exploratory Phase’
- October 5,2021
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- SUSTG Team
The U.S. said it welcomes the news of direct communication between Saudi Arabia and Iran, Jennifer Gavito, deputy assistant secretary for Iran and Iraq at the State Department’s Bureau of Near Eastern Affairs, told CNBC’s Dan Murphy in Dubai.
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Diriyah Contemporary Art Biennale, First of its Kind in Saudi Arabia, Announces Artists
- September 24,2021
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- SUSTG Team
The upcoming Diriyah Contemporary Art Biennale – the first art event of its kind to be held in Saudi Arabia – announced participating artists for the exhibition called Feeling the Stones, according to a report in The Art Newspaper. The event is scheduled to take place starting December 11 and running for three months, concluding March 11, 2022.
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Saudi Arabia Celebrates 91st National Day in Kingdom with Patriotic Airshows, Events and Fireworks
- September 23,2021
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- SUSTG Team
Saudi Arabia is celebrating its 91st Saudi National Day today, marking the formation of the modern-day Kingdom with the unification of the Nejd and Hejaz by King Abdulaziz Al-Saud in 1932. The Kingdom’s version of the 4th of July will be celebrated this year under the slogan “A Home for Us.”
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MUST-READS
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Fareed Zakaria sits down with President Joe Biden
CNN's Fareed Zakaria speaks with President Biden about a wide range of foreign-policy topics: arming Ukraine, the looming NATO summit, the US–China relationship and more. #CNN #News
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OPEC upbeat over 2024 oil demand outlook despite slowdown
OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above-average increase, sources close to OPEC said. OPEC's forecast for 2024 will likely be lower than the growth it expects for this year of 2.35 million barrels per day, or 2.4%, an abnormally high rate as the world moves out of the coronavirus pandemic.
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How Saudi Arabia prioritizes rehabilitation in its crackdown on meth, Captagon and other narcotics
For drug traffickers, Saudi Arabia is a target market for amphetamines, particularly Captagon. Between 2019 and 2020, the Kingdom seized some 30 tons of illicit drugs, 99 percent of which were Captagon pills.
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Saudi Arabia sees 490% surge in trademark complaints, clamps down on pirate film and TV websites
Saudi Arabia reported a 47 per cent increase in copyright and trademark violations last year, according to a new study. It comes as authorities in the Kingdom continues to crack down on intellectual property violations and seize offending items. The war on copyright and trademark abuse is being fought online and in retail outlets.
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Saudi traffic accident deaths down 35%
Saudi Arabia has seen a 35 per cent reduction in the number of traffic accident deaths in the country, according to the World Health Organisation. WHO reported that traffic accident deaths in the Kingdom have fallen 35 per cent between 2016 and 2021. WHO explained that the number of deaths in 2016 was 9,311, and the number decreased to 6,651 in 2021.
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Summer transfer window: The biggest moves so far as Saudi Arabia becomes major factor
The transfer window for clubs in England and Scotland opened on June 14, but clubs will not be able to sign players from abroad until the international window opens on July 1. All of Europe’s top five leagues close their transfer windows on September 1.
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Global VLCC freight points downward as Saudi crude production cuts bite: sources
The rise in freight rates seen through June for Very Large Crude Carriers could be coming to an end, market sources said in the days leading up to June 22, as the onset of fresh cuts in Saudi crude production began to weigh on market sentiment.
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Saudi architecture chief: ‘Distilling country down to only NEOM doesn’t do it justice’
The head of the Saudi Arabian Architecture and Design Commission has accused western media outlets of misrepresenting the country’s architectural culture by only focusing on high profile mega-projects such as NEOM. Sumayah Al-Solaiman told BD: “Distilling Saudi down to only NEOM doesn’t do it justice.
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Saudi Arabia steps up clampdown on Hajj fraudsters
Saudi security authorities have ramped up a crackdown on fake campaigners of Hajj more than a week before the start of the annual Islamic pilgrimage rites. Police in the Saudi holy city of Mecca said they had arrested three Egyptian nationals for promoting fake Hajj-related campaigns and bogus pilgrimage bracelets on social media, the Saudi news agency SPA said, in the latest such incident reported in the kingdom. Police caught in the possession of the trio – a resident and two visitors – an unspecified amount of cash and referred them to prosecution.
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How the shocking PGA Tour-LIV Golf deal went down
What will the Saudis get out of the deal? They'll make money if the new for-profit venture grows, and they'll get a seat at the table in the new global golf ecosystem. Dunne said Aramco, Saudi Arabia's public petroleum and natural gas company, could become a PGA Tour sponsor. Al-Rumayyan will join the PGA Tour policy board. As one person familiar with Al-Rumayyan told ESPN, "He wants to be standing under the tree at Augusta National on Thursday at the Masters."
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