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Saudi Arabia Secures Spot in 2018 World Cup in Russia
- September 6,2017
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- SUSTG Team
Saudi Arabia has secured a trip to compete in the next World Cup in 2018 after defeating Japan 1-0 in their last AFC Round 3 Group B match on Tuesday. The World Cup in 2018 is being hosted by Russia, and matches will be played in cities across the country. According to FIFA, Saudi Arabia finished […]
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Trump, King Salman Discuss Qatar Crisis in Phone Call
- August 31,2017
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- SUSTG Team
U.S. President Donald Trump spoke with Saudi King Salman on Wednesday and urged “all the parties in the Qatar dispute” to find a diplomatic resolution to end the crisis, according to a White House statement. According to a White House readout of the call, President Trump and King Salman “discussed the need to defeat terrorism, cut off […]
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Ambassador Prince Khaled bin Salman Meets with Young Saudis in Tech in California
- August 30,2017
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- Lucien Zeigler
Saudi Arabia’s Ambassador to the United States HRH Prince Khaled bin Salman met with young Saudi men and women working in Silicon Valley this week, telling the young employees of major U.S. tech firms “I see our future in you. Our leadership is betting on your success,” according to accounts of the meeting. The meeting with […]
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Dow Chemical to Buy 15% More of Sadara to Boost Stake to 50%
- August 29,2017
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- SUSTG Team
Dow Chemical plans to buy an additional 15 percent stake in its $20 billion joint venture with Saudi Aramco, the companies said on Monday according to reports. The U.S.-Saudi joint venture, named Sadara, aims to transform Saudi Arabia “from a consumer and importer to a global exporter,” according to Saudi Energy Minister Khalid al-Falih. U.S.-based Dow Chemical […]
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With Hajj Beginning on Wednesday, Saudi Arabia Welcomes Millions from 178 Countries
- August 28,2017
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- SUSTG Team
Saudi Arabia is making final preparations and welcoming millions of pilgrims into its borders for the annual Hajj pilgrimage, which begins Wednesday and lasts until September 4. The hajj is one of the five pillars of Islam, which capable Muslims must perform at least once, marking the spiritual peak of their lives. Worshippers from over […]
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Qatar Restores Full Diplomatic Relations with Iran
- August 25,2017
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- SUSTG Team
Qatar restored full diplomatic relations with Iran on Thursday and promised to send its ambassador back to Tehran as the Gulf nation digs in against the demands of several Arab nations, including Saudi Arabia. According to the AP, in announcing its decision, Qatar made no mention of the diplomatic crisis roiling Gulf Arab nations since June, […]
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Looking East, Saudi Arabia Plans $20b Investment Fund with China, Al-Falih Says
- August 24,2017
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- SUSTG Team
Saudi Energy Minister Khalid al-Falih said that the Kingdom and China plan to establish and operate jointly a $20 billion investment fund, sharing costs and profits on a 50:50 basis, according to a Reuters report based on comments from the minister. H.E. Al-Falih, who is Saudi Arabia’s Minister of Energy, Industry, and Mineral Resources, was […]
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Kushner Flies to Jeddah, Saudi Arabia to Meet with Crown Prince Mohammed bin Salman
- August 23,2017
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- SUSTG Team
Senior advisor to President Trump Jared Kushner was in Jeddah on Tuesday as part of a US delegation that met with Saudi Arabia’s Crown Prince Mohammed bin Salman. According to reports, the US delegation also included Jason Greenblatt, special presidential representative for international negotiations, and Dina Powell, deputy national security advisor for strategy. The delegation […]
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The Next U.S. Ambassador to Saudi Arabia?
- August 22,2017
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- Lucien Zeigler
President Trump is rumored to be nearing a selection for U.S. Ambassador to Saudi Arabia, according to reports. A New York Times reporter tweeted today that Dave Urban, who ran President Trump’s surprise successful campaign in Pennsylvania in 2016, is said to be the President’s pick for the U.S. Ambassador to Saudi Arabia. The top American newspaper’s […]
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Rules Issued for Small-Scale Solar Generation in Saudi Arabia
- August 21,2017
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- SUSTG Team
Saudi Arabia has issued a regulatory framework for electricity consumers to operate their own, small-scale solar power generating systems and export unused power to the national grid, according to a Reuters report citing a government statement. The rules will come into force next July 1 and cover small photovoltaic facilities with generating capacity of no more […]
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MUST-READS
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Saudi SCOPA and Airbus agree to produce helicopters in the kingdom -SCOPA CEO
Saudi defence company SCOPA Industries and Airbus (AIR.PA) have signed an agreement to jointly produce civil and military helicopters in the kingdom, SCOPA CEO Fawaz Alakeel told Saudi state TV on Monday. The deal was announced on the sidelines of a Saudi-French investment forum being held during a visit by Saudi Arabia's Crown Prince Mohammed bin Salman to France that started last week. Alakeel said the first helicopters produced at joint SCOPA and Airbus factories in Saudi Arabia would be seen with 24 months of next February's World Defense Show, where he said the "foundation stone" for the project would be laid.
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The Atlantic Council announces 2023 Women Innovators Fellowship recipients from Saudi Arabia, United Arab Emirates, and Bahrain
The Atlantic Council’s Rafik Hariri Center for the Middle East announced today the eighty-six recipients of its 2023 WIn Fellowships for Saudi Arabia, United Arab Emirates (UAE), and Bahrain. The fellows will receive a year-long program of executive education, mentoring, and networking opportunities in collaboration with Georgetown McDonough School of Business and with the support of the United States embassies in the three target countries and PepsiCo.
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Inside NEOM: Saudi Arabia’s Blueprint for Sustainable Tourism
Seventy percent of American millennials and Gen Zs reportedly seek out destinations that their family and friends aren’t familiar with. This trend is even more prominent in China, where 90 percent of young travelers shared the same inclination. The UK, Australia, and India aren’t far behind, reflecting a growing global shift toward exploring the unknown.
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Inside NEOM: Saudi Arabia’s Blueprint for Sustainable Tourism
Seventy percent of American millennials and Gen Zs reportedly seek out destinations that their family and friends aren’t familiar with. This trend is even more prominent in China, where 90 percent of young travelers shared the same inclination. The UK, Australia, and India aren’t far behind, reflecting a growing global shift toward exploring the unknown.
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Faith and fortune: Why are footballers going to Saudi Arabia?
During his official unveiling press conference, when asked why he chose the Gulf kingdom, Benzema said: “Well because I am Muslim and it’s a Muslim country. I’ve always wanted to live there.” He said that his family was excited to move to Saudi Arabia, home to Islam’s two holiest sites in Mecca and Medina, and that he had already performed the Umrah religious pilgrimage in the country twice. “[The move] will allow me to have a new life. I would like to learn Arabic and speak fluently,” Benzema, who is of Algerian heritage, added. “I’ve already been to Saudi Arabia, Mecca is very close and as a believer it’s important for me. This is where I will feel at my best and in my element.”
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Kuwait citizens to replace expat workers from July onwards
This initiative is a part of the government’s commitment to promoting nationalization within these societies. The sources further disclosed that discussions are currently underway to develop a mechanism that addresses the challenges identified by the Demographics Amendment Committee.
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Saudi real estate hit by ‘limited stock, affordability constraints’: report
Saudi Arabia’s real estate market started the year with fragmented performance across cities and asset classes, with limited stock and affordability constraints marking the first quarter of 2023, according to property expert CBRE. On the residential sector, CBRE said the total number of mortgage contracts issued by banks continued to trend down with a total of 30,213 contracts, marking a decline of 35.8% compared to the same period in 2022.
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Saudi Arabia’s Riyadh Air Aims to Unseat Emirates and Qatar
Riyadh Air plans to reach 100 destinations by 2030, connecting passengers through King Salman International Airport, a sprawling new facility rising in the desert near the capital that’s designed to handle 120 million passengers a year by the end of the decade—30% more than Dubai’s current capacity. The goal is to tempt them to stay for business meetings or jaunts to the country’s monuments, mountains and beaches.
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Saudi Arabia’s Riyadh Air Aims to Unseat Emirates and Qatar
As the focus changes from pilgrims to leisure travelers, the Saudis plan to add a low-cost carrier flying from Dammam, the center of the country’s oil industry, and another new full-service airline based in Neom, the futuristic city under construction on the Red Sea coast. The aviation push “directly supports the industries that are essential to the kingdom’s Vision 2030 agenda, including tourism,” says Mohammed al-Khuraisi, vice president for strategy at the kingdom’s General Authority of Civil Aviation.
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Saudi Arabia seeks $20 bln investment in food industry, aims to double exports
Saudi Arabia is seeking $20 billion in investments in the food industry by 2035, the Minister of Industry and Mineral Resources announced Monday. The Kingdom also aims to double the value of exports from $3.7 billion in 2022 to $10.9 billion in 2035, the official Saudi Press Agency (SPA) reported.
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