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Newly elected president of Lebanon makes Riyadh his first foreign visit
- March 3,2025
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- SUSTG Team
Lebanese President Joseph Aoun arrived in Riyadh on Monday afternoon on his first official foreign visit nearly two months after being elected as president of the country.
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Ramadan Kareem: Close to 2 billion Muslims worldwide prepare for Ramadan
- February 28,2025
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- SUSTG Team
The start of Ramadan is determined by the sighting of the crescent moon in the ninth month of the Muslim calendar and is expected in Saudi Arabia the evening of February 28th, meaning the Ramadan month of fasting and reflection would begin Saturday, March 1.
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Saudi Arabia leads globe again in 2025 Edelman Trust Barometer
- February 27,2025
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- SUSTG Team
Despite a global downtrend in key trust measurements, Saudi citizens scored an 87% in trust in government in the 2025 Edelman Trust Barometer to lead the globe and surpass Saudi Arabia’s rating of 86% last year.
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Saudi Air Traffic hits high of 128 million passengers in 2024
- February 26,2025
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- SUSTG Team
Over 128 million travelers passed through Saudi airports in 2024 marking a 15% increase compared to 2023 and a 25% rise from pre-pandemic levels.
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Official symbol for Saudi Riyal introduced
- February 24,2025
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- SUSTG Team
The symbol, which blends Arabic calligraphy with the name of the national currency, “riyal,” will be utilized in financial and commercial transactions both within the Kingdom and internationally.
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Saudi Founding Day celebrated on Saturday, February 22
- February 20,2025
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- SUSTG Team
First observed in 2022, Saudi Founding Day is celebrated every February 22nd in honor of Imam Muhammad ibn Saud becoming the emir of Diriyah in 1727.
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President Trump kicks off FII’s Priority Summit in Miami
- February 20,2025
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- SUSTG Team
President Donald Trump spoke for an hour kicking off Saudi Arabia’s Future Investment Initiative (FII) Institute’s Priority Summit being held in Miami February 19-21, 2025.
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Saudi Arabia’s anti-corruption drive
- February 19,2025
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- SUSTG Team
Saudi Arabia recently assumed the Chairmanship of the Global Operational Network of Anti-Corruption Law Enforcement Authorities (GlobE Network), an initiative that includes 124 countries and is an extension of the kingdom’s anti-corruption efforts at home.
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Saudi MOF and IMF convene first annual AlUla Conference for Emerging Market Economies
- February 17,2025
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- SUSTG Team
The AlUla Conference for Emerging Market Economies, organized jointly by the Saudi Ministry of Finance and the International Monetary Fund (IMF) was held February 16-17, 2025.
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$5 million PIF Saudi Ladies International tees off in Riyadh
- February 14,2025
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- SUSTG Team
The 5th edition of the Aramco Saudi Ladies International presented by the Public Investment Fund (PIF), is underway at the Riyadh Golf Club.
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MUST-READS
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Saudi Manuscripts Exhibition: A Cultural Icon Introducing the World to a Heritage Spanning Over a Millennium
Organized by the Library Authority under the theme "Stories Told for a Lasting Legacy," the exhibition serves as a global platform for dialogue and innovation. It engages visitors and researchers through 22 workshops and 30 discussion sessions that showcase the latest methods in manuscript preservation and restoration. This opens new avenues for collaboration among experts from around the world.
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Saudi Arabia’s Neo Space Group to Acquire UP42 from Airbus
Saudi Arabia’s Neo Space Group (NSG) is making an acquisition in the Earth observation space, acquiring UP42 from Airbus Defence and Space. Terms of the deal were not disclosed in the Dec. 3 announcement. The deal is subject to regulatory approval. UP42 is a geospatial solution platform that allows customers to access data and task satellites across multiple EO providers. The company is based in Berlin and its partners include Planet, BlackSky, Capella Space, Esri, and more. It serves end customers in a range of market verticals including agriculture, urban planning, real estate, infrastructure monitoring, and disaster management.
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Riyadh Season: Jennifer Lopez’s performance, set design spark controversy
One of the fashion shows featured a runway with a cube-shaped display resembling the Kaaba in Mecca. Models circled around it, much like the ritual of Muslim pilgrims circling the Kaaba during the Hajj pilgrimage. Many viewed the juxtaposition of the models against something resembling the holiest site in Islam as disrespectful to the religion. Many online said the stage prop was not meant to emulate the Kaaba, but that it was a display screen used by several entertainment companies. The Anti-Rumors Authority, an NGO in Saudi Arabia, also confirmed it was not a model of the Kaaba, but the similarity and imagery still angered many people.
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Donald Trump, Elon Musk And LIV Golf Chairman Appearance Sparks Golf Merger Rumors
The appearance of Donald Trump, Elon Musk, and LIV Golf Chairman Yasir Al-Rumayyan at UFC 309 in New York City has sparked renewed speculation about a potential merger in the world of golf. Taking place at Madison Square Garden, the event fueled rumors about possible collaborations between traditional golf tours and the Saudi-backed LIV Golf organization. A merger of this magnitude involves intricate logistics, including travel schedules and financial reconciliations for LIV Golf defectors. There have been debates surrounding penalties and conditions for those who had previously distanced themselves from the PGA Tour.
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King & Spalding to Merge with Saudi Law Firm
King & Spalding is merging with Saudi-based Abdulaziz H. Al Fahad & Partners Lawyers to strengthen its presence in the Kingdom. A document was filed with the appropriate authorities on 7 November regarding a proposed merger with Al Fahad & Partners, King & Spalding said. The filing indicates that the merged entity will operate as King & Spalding Law Firm, incorporating the operations of Al-Fahad and Partners. The two law firms will integrate to form a single entity, and it will retain a primary office in Riyadh, it added. As part of the merger, Al-Fahad's partners will receive financial compensation in addition to shares in the newly combined entity, the filing reports.
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Saudi Arabia approves cooperation agreement with US for the use of outer space for peaceful purposes
The Cabinet session, chaired by Crown Prince and Prime Minister Mohammed bin Salman in Riyadh on Tuesday, approved a framework agreement for cooperation in the fields of air navigation and the exploration and use of airspace and outer space for peaceful purposes between Saudi Arabia and the United States of America. The Council also approved, in principle, the national general framework and guiding principles for foreign direct investment.
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Israel’s strikes on Iran spark interest in air-launched ballistic missiles
Israel's effective use of air-launched ballistic missiles in its airstrikes against Iran is expected to pique interest elsewhere in acquiring the weapons, which most major powers have avoided in favour of cruise missiles and glide bombs. The Israel Defense Forces said its Oct. 26 raid knocked out Iranian missile factories and air defences in three waves of strikes. Researchers said that based on satellite imagery, targets included buildings once used in Iran's nuclear programme.
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Saudi Arabia, Spain Team Up to Build Advanced Combat Corvettes
Saudi Arabia and Spain agreed on Tuesday to build three advanced combat ships for the Saudi Navy. This initiative supports the “Sarawat Project,” which aims to enhance Saudi Arabia’s maritime security capabilities. Under this agreement, the new multi-mission combat ships will enhance Saudi Arabia’s readiness against air, surface, and subsurface threats. The ships, classified as “Corvette Avante 2200,” will defend Saudi Arabia’s vital interests, strengthen maritime security, and support the National Defense Strategy aligned with Vision 2030. The new ships will match the five Sarawat Project ships delivered earlier, featuring cutting-edge combat and engineering systems. This agreement highlights the commitment of both nations to bolster naval strength and safeguard regional security.
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Saudi Arabia and Spain look to boost $3.2bn trade ties
Saudi Arabia and Spain are looking to boost $3.2bn trade ties as the countries meet to discuss investment opportunities. Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef began an official visit to Spain on Thursday, aimed at enhancing industrial and mining cooperation and exploring shared opportunities in advanced industrial sectors, including aerospace and aviation, which are a focus of the National Industrial Strategy.
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Saudi Aramco Sponsorship of HackHarvard Sparks Criticism
“It’s very ironic that Aramco is sponsoring and one of the tracks is sustainability. Come on HackHarvard. Do a better job,” said Sami Nourji, a junior at Brown University. Aramco recruiter Kira Worysz, who spoke at the opening ceremony, defended Aramco’s involvement in the event in an interview. “We’re in the business of getting oil out of the ground and bringing it to the world, but at its root, we’re a technology company,” Worysz said.
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