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It’s Official: Saudi Arabia Pitches Riyadh for 2030 World’s Fair
- December 16,2021
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- SUSTG Team
Saudi Arabia has officially submitted a bid to host Expo 2030 in Riyadh, with the Royal Commission for Riyadh City (RCRC) CEO Fahd Al-Rasheed submitting the Kingdom’s bid while addressing a virtual gathering of 170 member countries assembled to kickstart the five-stage bidding process that will conclude with voting in November 2023.
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With Pandemic’s Damage in the Rear View for Saudi Arabia, Consumers Up Spending; Non-Oil Economy Recovers
- November 24,2021
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- SUSTG Team
With Saudi Arabia’s success against the pandemic becoming the envy of countries around the world, the Kingdom’s economy is roaring back to life on the back of high oil prices and consumer confidence.
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The 966, Episode 8 – F1 Grand Prix in Jeddah, The Puzzle of U.S.-Saudi Ties, Tadawul Hits 15 Year High, Solar Costs Rise
- October 22,2021
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- SUSTG Team
This week, The 966 hosts discuss the upcoming COP 26 UN Climate Change Conference in Glasgow, the F1 race in Jeddah, an excellent recent commentary piece by Jon Alterman of the CSIS, Tadawul’s 15-year high, and the rising cost of solar energy components in Saudi Arabia.
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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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Saudi Arabia’s Rock Art Complex Hima Gets Sought-After UNESCO World Heritage list Designation
- July 27,2021
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- SUSTG Team
Hima, one of the largest rock art complexes in the world located in Saudi Arabia, has landed on UNESCO’s World Heritage list, the sixth such location in the Kingdom to receive the sought-after designation, according to reports. Entered into UNESCO’s listings as the Ḥimā Cultural Area, the incredible rock art is located in an arid, mountainous area of […]
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Goldman Sachs Raises Expectations for Saudi Arabia’s Oil Production and Economic Growth – Report
- June 15,2021
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- SUSTG Team
According to a report in Bloomberg, Goldman Sachs Group Inc. raised its expectations for Saudi Arabia’s oil production and economic growth in 2021 as crude prices soared over $70 a barrel this week and pandemic-related lockdowns continued to ease.
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Saudi Arabia’s Ultra-Lux Amaala Resort May Raise Up to $2.7 Billion Next Year
- May 18,2021
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- SUSTG Team
Saudi Arabia’s ultra-luxury Amaala tourism project may raise up to 10 billion riyals ($2.7 billion) in 2022, the CEO of the company, John Pagano said in an interview on the sidelines of Arabian Travel Market in Dubai.
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Saudi Arabia’s ACWA Power Begins Construction on South Africa’s Largest Renewable Project
- May 13,2021
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- SUSTG Team
Saudi-based ACWA Power has announced the start of construction on the 100MW Redstone solar thermal project in South Africa following financial close of the deal, according to reports.
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‘Rapid Radical Reduction’ in Solar PV Price a Massive Opportunity for Saudi Renewables
- April 27,2021
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- SUSTG Team
A significant and unforeseen drop in the cost to produce solar energy in recent years may enable Saudi Arabia to turbocharge its ambitions to diversify its economy and free up more oil for exports, as the Kingdom continues ahead with the development of several solar installations.
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Saudi Arabia Confirms Lifting General Travel Ban May 17; U.S. Among 20 Countries to Remain on List
- April 23,2021
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- SUSTG Team
Saudi Arabia confirmed that it would resume international flights at 1 a.m. on May 17, but will exclude 20 countries where the ban on flights continues as part of preventive measures to curb the spread of the coronavirus disease (COVID-19), Saudia airline said.
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MUST-READS
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US welcomes ‘productive’ brief separate meeting with Chinese envoy regarding Ukraine war at Saudi peace talks
The United States on Monday confirmed a “brief separate meeting” between American and Chinese representatives at the international talks hosted at the weekend by Saudi Arabia on ending the war in Ukraine, saying it was “productive” that Beijing took part. US State Department spokesperson Matthew Miller told a press briefing the US side believed “it was productive that China attended, I’m not going to speak to the details of the meeting because it was a private meeting. But we thought it was … productive that they came”.
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Report: Saudi Pro League secures ‘US$500k’ UK TV deal with DAZN
DAZN will broadcast up to three live matches a week from the Saudi Pro League in the UK, Germany and Austria as part of a one-year deal worth a reported US$500,000. The sports streaming service has committed to showing at least two matches from each round of fixtures, one of which will feature Cristiano Ronaldo’s Al-Nassr, as well as digital highlights from the competition. Sky Sports secured the digital rights to selected matches partway through last season following Ronaldo’s transfer, but this is the first time a broadcaster has signed up for a whole campaign.
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Ukraine, Allies to Woo the Global South at Saudi Arabia Meeting
Ukraine and its allies are making their case for Kyiv’s peace plan this weekend to more than 40 countries as the war with Russia intensifies with attacks on key shipping routes in the Black Sea. The negotiations in Saudi Arabia are aimed at building international support for Ukraine’s framework for potential peace talks and a lasting deal — prospects that so far seem remote as the war approaches its 18th month.
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Opinion: Saudi’s MBS wants more than peace at his Ukraine summit
Ukrainian officials say the venue is a boon for them “that completely destroys the narrative of Russia” that Ukraine is only supported by “countries of the collective West.” They expect as many as 40 nations to be represented, including the US and India. In the days ahead of the summit, the Ukrainians set out their intent. “Our goal in Saudi Arabia is to develop a unified vision of the formula and to work out the possibilities of holding the future Global Peace Summit,” they said, referring to Ukraine’s peace plan. That Moscow will only “monitor” and not attend risks the summit becoming a desert snowflake, momentarily awesome and inspiring, but blink and it’s gone.
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Ukraine seeks global support for peace blueprint in Saudi talks
Ukraine and its allies aim to rally global support for a peace blueprint in talks hosted by Saudi Arabia this weekend, with Western officials increasingly optimistic that China will attend, lending the talks a new weight. Ukrainian and Western diplomats hope the meeting in Jeddah of national security advisers and other senior officials from some 40 countries will agree on key principles for a future peace settlement to end Russia's war in Ukraine. Moscow is not attending. Ukrainian President Volodymyr Zelenskiy said on Wednesday he hoped the initiative will lead to a "peace summit" of leaders from around the world this autumn to endorse the principles, based on his own 10-point formula for a peace settlement.
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Why Saudi-hosted peace talks matter for Ukraine
Riyadh’s decision to host the talks is significant, and follows Ukrainian President Volodymyr Zelenskyy’s surprise stop-off in Jeddah en route to the G7 summit in May when he addressed the Arab League and met Saudi crown prince Mohammed bin Salman Securing global support for Ukraine’s 10-point peace plan has been a constant challenge for Kyiv, since Russia’s full-scale invasion of the country, and Ukrainian officials have welcomed Saudi’s decision to host the gathering.
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Saudi foreign ministry launches electronic visa waiver for UK citizens
British nationals can enter Saudi Arabia for up to six months on a single entry under the new Electronic Visa Waiver (EVW), the Kingdom’s Foreign Ministry announced Wednesday. The new scheme allows UK citizens to enter the Kingdom for tourism, business, study or medical treatment and stay for up to 6 months on a single entry. UK travelers can apply through the ministry’s visas portal at visa.mofa.gov.sa from 90 days to 48 hours prior to their trip. Approvals will be emailed back within 24 hours of the application.
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Saudi Arabia to host Ukraine peace talks
Dozens of countries are set to gather in Saudi Arabia this weekend for Ukraine peace talks. Russia won't be there but plans to monitor the event. CNN's John Vause speaks with Matthew Schmidt, an associate professor at the University of New Haven.
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Saudi Arabia and Turkey: The new peace brokers of Russia-Ukraine war?
Nearly 300 prisoners of war – both Ukrainian and Russian – faced death or indefinite detention in late September of 2022. It was a fate that looked all the more real as Russian President Vladimir Putin announced the mobilization of some 300,000 Russian conscripts to fight on the Ukrainian front. But on that very same day, the warring countries made the shock announcement that they had come to an agreement on a prisoner swap, which would release the detained fighters and political prisoners from their respective captors.
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Saudi Arabia Hosts Ukraine Talks in Outreach to Global South
The biggest developing economies have so far remained mostly neutral in the face of Russia’s invasion of its neighbor and the US and the EU have been trying to persuade those countries not to offer President Vladimir Putin help in sustaining his war machine. The meeting, which follows a similar gathering in Copenhagen in June, is expected to discuss Volodymyr Zelenskiy’s peace formula and the Ukrainian president’s effort to hold a global summit on the proposals later this year. China was invited to the meeting in Denmark but didn’t attend.
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