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Aramco Names Ibrahim Al Buainain as Chief Executive of Its Trading Arm
- July 27,2016
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- SUSTG Team
Saudi Aramco has named Ibrahim Al-Buainain as chief executive of its trading arm, the company said on Tuesday, as Al-Buainain’s star continues to rise within the ranks of the energy giant. Ibrahim Al-Buainain’s promotion to CEO of Saudi Aramco Trading takes effect this month. In November 2014, Aramco named Al Buainain as head of Saudi […]
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Flare Up on Saudi Border with Yemen as Saudi Shoots Down Missile
- July 25,2016
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- SUSTG Team
The Saudi-led military coalition said Sunday that it shot down a ballistic missile fired at the Kingdom from Yemen, according to reports. The missile targeting the southern city of Najran was intercepted at 9:30 a.m. Saturday, a statement carried on the official Saudi Press Agency says. On the same day, Saudi-led airstrikes hit hideouts of the […]
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U.S. Warns Of ‘Potential, Imminent Threat’ Against Americans In Jeddah
- July 22,2016
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- SUSTG Team
The U.S. Embassy in Saudi Arabia posted a notice to its website yesterday warning of “potential, imminent threat against U.S. citizens in areas of Jeddah frequented by Westerners, such as markets, restaurants, and shopping malls, among others.” State Department spokesman John Kirby told reporters in Washington that the notice is “a security message, not a […]
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Deputy Crown Prince Mohammed bin Salman Back in U.S. for Defense, Anti-ISIS Talks
- July 21,2016
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman arrived in the United States for a second time in as many months this week for a defense ministerial meeting of nations involved in the effort to counter the self-described ISIS in Iraq and Syria, held at Joint Base Andrews, Maryland. Coalition partners taking part in the meeting “are looking for […]
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Pokemon GO Banned in Saudi Arabia; 3 Arrested at Jeddah Airport – Report
- July 20,2016
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- Lucien Zeigler
Pokemon GO, the viral video game phenomenon that has taken the U.S. and other markets around the world by storm, has been banned in Saudi Arabia, according to a report in the Evening Standard which cited the Arabic-language newspaper Almowaten. Pokemon GO is a game available on smartphones that allows users to catch different characters […]
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New Saudi Fund Created by Apicorp and Bahri Seeks to Create Biggest Tanker Fleet
- July 19,2016
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- SUSTG Team
A venture between Arab Petroleum Investment Corporation (Apicorp) and National Shipping Co. of Saudi Arabia (Bahri) “will create the world’s largest fleet of oil tankers and support the kingdom’s plan to boost crude exports,” according to a report in Bloomberg, which cited comments from Dr. Khalid al-Falih. The venture will create a $1.5 billion fund […]
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’28 Pages’ Released: Once-Classified Section of 9/11 Report Made Public; Saudi FM Al-Jubeir Says Matter Now ‘Finished’
- July 18,2016
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- SUSTG Team
The U.S. Congress on Friday released a long-classified section of the official report on the Sept. 11 attacks that described potential potential links between some of the hijackers and officials in Saudi Arabia. Saudi Arabia’s foreign minister said on Friday he welcomed the release of this “28 pages” of the official report. “The matter is […]
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‘Saudi Arabia is among our closest counterterrorism partners’ CIA Chief Brennan Says
- July 14,2016
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- SUSTG Team
Director of the CIA John Brennan said that Saudi Arabia is “among our closest counterterrorism partners” at an event at the Brookings Institution yesterday. Brennan pointed to the enemies that both the United States and Saudi Arabia share, including the Islamic State and al-Qaeda terrorists. “The Saudi government and leadership today has inherited a history whereby there […]
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Construction Begins on ‘World’s Largest’ Gas Complex in Jazan, Saudi Arabia
- July 13,2016
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- SUSTG Team
Construction has begun on a $2.1 billion industrial gas complex in Jazan, Saudi Arabia, which is slated to become the largest such facility in the world. The industrial gas complex will serve Saudi Aramco’s Jazan refinery and terminal when complete, and will require 600MW to operate, according to a report in Gulf Business. The contract for the […]
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WTO launches new World Trade Outlook Indicator
- July 8,2016
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- SUSTG Team
The World Trade Organization (WTO) has launched a new World Trade Outlook Indicator (WTOI) designed to provide “real time” information on trends in global trade, the organization said on its website. The WTOI was unveiled in Shanghai, China on July 8th ahead of a meeting of G20 trade ministers. “Combining a variety of trade-related indices, the […]
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MUST-READS
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Saudi Arabia: Alstom to Enhance Reliability of East-West Freight Corridor
As part of this contract, Alstom will implement its HealthHub™ technology to enable real-time locomotive monitoring and predictive maintenance, minimising downtime and optimising fleet availability. This digital solution is expected to ensure the long-term operational performance of locomotives connecting key ports like Dammam and Jubail with the Riyadh dry port, facilitating the smooth flow of goods across the region.
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New bat species discovered at Prince Mohammed bin Salman Royal Reserve
The Prince Mohammed bin Salman Royal Reserve has announced the discovery of a new bat species, Vansonia rueppellii (Rüppell’s bat), marking its first recorded presence in Saudi Arabia. This keystone species, known for its crucial role in pollination and pest control, adds to the Kingdom’s rich biodiversity. The discovery, made in October 2023 in collaboration with KAUST’s Al-Manara Development, was published in the scientific journal Zoology in the Middle East in November 2024. While Rüppell’s bat has been documented in Egypt, Sudan, Yemen, and Iraq, this marks its inaugural record in Saudi Arabia. “Adding Rüppell’s bat to the rich biodiversity of Prince Mohammed bin Salman Royal Reserve is a remarkable scientific achievement, as the reserve now contains 18 of Saudi Arabia’s 32 bat species, or 56%,” said Andrew Zaloumis, CEO of the reserve.
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US senators urge Fifa to spurn Saudi 2034 World Cup bid over human rights
Two United States senators urged Fifa on Monday not to pick Saudi Arabia as the 2034 World Cup host next month, a decision seen as inevitable despite the kingdom’s record on human rights. Democrats Ron Wyden of Oregon and Dick Durbin of Illinois wrote to Fifa’s president, Gianni Infantino, declaring that “we urge you to seek out a host country with a record of upholding human rights.” On 11 December more than 200 Fifa member federations are expected to jointly endorse the Saudi bid.
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How Saudi Arabia Turned Back Climate Progress at COP29
The Gulf state surprised the world at COP28 when it joined nearly 200 nations in agreeing to transition away from fossil fuels, but it’s been trying to walk that historic moment back ever since. “The Arab Group will not accept any text that targets specific sectors, including fossil fuels,” Saudi representative Albara Tawfiq made clear to delegates at this month’s United Nations meeting in Baku. After three decades of being the main opposition at the annual climate talks, the Saudis have developed a sophisticated playbook, according to veteran negotiators. They are masters of the arcane and complicated rules that govern the COP process, said multiple people who participated in the closed-door debates, and used that skill to raise oblique objections to run down the clock and present poor compromises that were non-starters.
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Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia
Addressing the World Investment Conference in Riyadh on Monday, the minister confirmed that those who obtained the premium residency are treated as if they were in their home countries. About 2,500 investors from 30 countries are participating in the conference. Referring to the investment climate and its advancement since the launch of Vision 2030, Al-Falih said that investment flows have now tripled compared to the period before the launch of the Vision. “The rate of the gross domestic product (GDP) recorded an increase of 70 percent, reaching $1.1 trillion during the same period,” he said while noting that half of this comes from non-oil sectors.
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Saudi-European talks to strengthen cooperation in environmental fields
Saudi Minister of State for Foreign Affairs Adel Al-Jubeir met with European officials on Sunday in Riyadh, Saudi Press Agency reported. Al-Jubeir, who is also the Saudi climate envoy, held talks with Delphine Pronk, chair of the EU Political and Security Committee, and Luigi Di Maio, EU special representative for the Gulf region. They discussed issues surrounding climate change and environmental cooperation between Saudi Arabia and the EU, as well as ways in which existing cooperation on tackling climate change could be strengthened. They also talked about the recent development in foreign policy in Europe and the Middle East.
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Saudi Arabia: Shaping Global Urbanization Discussions at Urban 20 Summit
A Saudi delegation, led by Advisor at the General Secretariat of the Saudi Arabian Council of Ministers Fahd Al-Rasheed, actively participated in the 7th Urban 20 (U20) Global Summit in Rio de Janeiro. The summit, one of the world’s most influential urban development forums, highlighted Saudi Arabia's continued leadership in shaping global urbanization strategies. The U20 gathers cities from G20 member states to address pressing economic, climate, and developmental challenges. Saudi Arabia has played a prominent role in the forum since 2019, with Al-Rasheed previously serving as Chair in 2020 during Saudi Arabia’s G20 presidency.
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Saudi Arabia Cinema Market Forecast Report and Company Analysis 2024-2025 & 2033, Profile of AMC, IMAX, Cinepolis, VOX Cinemas and Empire Cinemas
Saudi Arabia Cinema Market will reach US$ 1.29 billion by 2033, up from US$ 590.32 million in 2024, with a CAGR of 9.13% between 2025 and 2033. The improvement of infrastructure is a key factor propelling the expansion of the Saudi film industry. To improve accessibility and convenience for viewers, the public and private sectors are making significant investments in the construction of contemporary movie theater complexes around the Kingdom.
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Riyadh Metro: 5 ways it will boost transport in Saudi’s biggest city
On November 27, 2024, Riyadh will witness a significant milestone with the inauguration of the first phase of its metro system. This initial launch will see three of the six planned lines become operational, connecting key areas such as Al Orouba to Batha, King Khalid International Airport Road, and the intersection of Abdulrahman Bin Auf Street and Sheikh Hassan Bin Hussein Street. The remaining lines are slated to commence service by mid-December. As the world’s longest driverless metro system, the Riyadh Metro is poised to transform urban mobility in the Saudi capital, offering a sustainable and efficient alternative to car travel.
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Al Ittihad claims top spot in Saudi Pro League after victory over Al Fateh
The team now holds 30 points, two ahead of Al Hilal, who slipped to second place with 28 points. Al Fateh remains at the bottom of the table with just 5 points. Al Ittihad’s triumph came despite the absence of key players. French star Karim Benzema missed his third consecutive match due to injury, while Moussa Diaby was ruled out for eight weeks, as announced by the club.
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