Recent stories from sustg

  • With customs union, GCC edges toward closer economic ties
     

    Saudi Arabia, the biggest Arab economy, is leading moves toward political and economic cooperation, which it believes would give the mostly Sunni-led monarchies of the Gulf more power to withstand any confrontation with Shi’ite Iran. Closer business ties within the GCC, which consists of Saudi Arabia, the UAE, Kuwait, Qatar, Oman and Bahrain and has […]

     
  • Study finds ’80 more years of Saudi oil at current production levels’
     

    Saudi Arabia, the biggest oil producer in the world with a proven reserve of 264 billion barrels, could continue oil supplies for the next 80 years at the current production levels, the Kuwait-based Diplomatic Center for Strategic Studies (DCSS) said in a study. Saudi Arabia retains 38.7 percent of world oil reserves whereas the shares […]

     
  • Why Saudi Arabia’s Travel and Tourism Sector Is Ripe for Growth
     

    Saudi Arabia’s travel and tourism sector is poised for rapid growth in the next decade and beyond, and both Saudi and international corporations are looking to cash in on the opportunities ahead. A product of the changing economic and social landscape in Saudi Arabia, the coming tourism boom is likely to contribute to the Kingdom’s […]

     
  • Saudi, UAE, Qatar top Cleantech list
     

    Saudi Arabia, the UAE, Qatar and Jordan are the most attractive markets for clean technologies, thanks to their government plans, budgets and long-term strategies, said a report by Ernst & Young. These countries have also demonstrated investments in large initiatives such as KACARE, Masdar and the ‘Green’ Fifa World Cup 2022, said E&Y in the […]

     
  • Saudi tops in job creation in GCC
     

    The Gulf region continued to create jobs despite the impact of Arab Spring in 2011 with the regional powerhouse Saudi Arabia topping the list followed by Qatar and Oman, according to a new survey. The oil and gas industry, healthcare and retail sectors enjoyed the largest headcount expansion in 2011, while banking and construction fared the […]

     
  • Critical Commercial and Economic Ties: Interview with Jose Fernandez
     

    The 2nd US-Saudi Business Opportunities Forum in Atlanta in December brought together a high level delegation of over 200 Saudi officials and business people with over 1000 Americans to explore the $1 trillion-plus commercial openings available in the coming decade in the Kingdom. The response to the Forum – and what it means for American investment and […]

     

MUST-READS

  • Why Qatar’s engagement with Iran goes beyond nuclear diplomacy

    Doha has invested diplomatic energy into trying to help Tehran and Washington reach a consensus to revive the deal. It has done so with a view of the increasingly likely scenario whereby the JCPOA talks collapse entirely in acrimony as unsettling. Yet, Qatar is committed to maintaining cordial relations with Iran irrespective of how tensions between Tehran and Washington may play out.

  • How to pronounce Qatar

    To Arabic speakers and speakers of similar languages, the name of this year's World Cup host is a no-brainer. However, to English speakers, it is literally one tricky letter after another. That's because even the word Qatar is a Romanized version of the original Arabic قطر , which means each letter isn't exactly as it seems. Let's try our best to figure it out.

  • Saudi Crown Prince Travels to Qatar for Soccer World Cup Opening

    Saudi Arabia’s de facto ruler, Crown Prince Mohammed Bin Salman, has arrived in Qatar to attend the opening ceremony of the FIFA World Cup, days after canceling a trip to Japan. Prince Mohammed traveled to Qatar at the invitation of Emir Sheikh Tamim bin Hamad Al Thani, according to a statement on the state-run Saudi Press Agency.

  • Qatar World Cup: A round-trip taxi from Saudi Arabia will cost $532

    The Dubai-based rideshare app Careem is offering inter-country taxi journeys for the 2022 World Cup in Qatar, as millions of soccer fans from around the world descend on the tiny Gulf country for the Middle East’s first-ever go at hosting the massive tournament. The offer doesn’t span all of the countries around Qatar but will be accessible to those traveling from two parts of neighboring Saudi Arabia: the city of Dammam, which is 250 miles (402 kilometers) away from the capital Doha and takes roughly 4.5 hours to get there, and Al Ahsa City, roughly 160 miles away from Doha with a journey time of 3 hours.

  • Qatar’s maverick ruler eyes soft power win with World Cup

    Tamim, who assumed power in 2013 after his father abdicated, has hit back against the critics, denouncing what he described as "ferocious" slander and double-standards, and pointed to Qatar's labour reforms and welcome of all walks of life to the event, testing the tolerance of conservative Sunni Muslim Qataris. Now all eyes are on the smallest nation to host the event in what will be the most expensive World Cup in history, organised at a cost of $220 billion - almost 20 times what Russia spent in 2018.

  • Qatar hotel prices rocket to more than eight times government-mandated cap

    A single night in some of Qatar’s most popular hotels are reaching US$5,000 during FIFA World Cup Qatar 2022. The government has asked GMs to price themselves responsibly, even putting a cap in place for its own supply for the tournament.

  • Qatar moves World Cup beer in bid to reduce demand for alcohol: Report

    Qatari officials are said to have asked that the tents be moved away from other concession points, including those belonging to McDonald’s, another longstanding FIFA partner, but also merchandise stalls and other sponsor-themed activities. In September, it was reported that Qatar will permit ticketed fans to buy alcoholic beer at World Cup soccer matches starting three hours before kickoff and for one hour after the final whistle, but not during the match.

  • Qatar’s World Cup Increases Gulf Cooperation Despite Recent Rift

    This shortage of accommodations in Qatar is benefitting Gulf neighbors, especially the UAE, which has become the preferred destination for visitors looking for more affordable housing options. In anticipation of the influx of fans, Saudi Arabia has allowed World Cup ticket holder multiple-visa entry into the kingdom. Various Gulf airlines will operate more than 160 shuttle flights to connect Doha with cities in neighboring countries. Additionally, Qatar, Saudi Arabia, and the UAE will all have fan zones to screen the World Cup matches. Qatar has also organized promotional tours in Saudi Arabia and the UAE, due to the large number of ticket holders from these two countries, to inform fans about activities and logistics during the World Cup.

  • Qatar’s history, politics ahead of FIFA World Cup

    The Al Thani family has ruled Qatar since 1847, though it was first under the Ottoman and then the British empire. Qatar became an independent nation in 1971 as the British left the region. Oil exports began after World War II, though it would take until 1997 before Qatar began shipping out liquified natural gas to the world. That new money powered Qatar’s regional ambitions. It founded the satellite news network Al Jazeera, which brought an Arab perspective to mass media that helped fuel the 2011 Arab Spring protests. It also launched Qatar Airways, a major airline for East-West travel.

  • Saudi Arabia announces visa-free entry ahead of FIFA World Cup Qatar 2022

    For the first time ever, Saudi Tourism Authority announces the extension of the Saudi multi-entry visa, the new announcement states that the multi-entry visa allows Hayya Card holders to stay in Saudi for up to 60 days, with pre-entry to the FIFA World Cup not required. Further extensions will allow for ‘Hayya with Me (1+3)’, allowing Hayya Card holders and three additional friends and family members to enter the kingdom.