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Recent stories from sustg
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Regional HQ Executives to get Premium Residency Under New Government Scheme to Boost Investment
- October 10,2023
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- SUSTG Team
Saudi Arabia’s Ministry of Investment has developed a mechanism to grant premium residency to executives who base their company’s regional headquarters in the Kingdom, according to reports, in a bid to boost the business environment in the Kingdom and attract more foreign investment.
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Saudi Aramco expands into LNG by buying stake worth $500m in MidOcean Energy
- September 29,2023
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- SUSTG Team
Saudi Aramco, the world’s largest oil-exporting company, has signed a $500 million agreement to buy a minority stake in liquefied natural gas (LNG) company MidOcean Energy. This is Aramco’s first investment in LNG and is part of the company’s efforts to diversify its activity beyond its core oil business. The strategic partnership enables Aramco to tap into […]
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KSA Climbs to 16th in World Competitiveness Ranking
- June 19,2024
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- SUSTG Team
Saudi Arabia advanced to 16th place in the World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development. Saudi Arabia ranked fourth among the G20 countries, supported by improved business legislation and infrastructure.
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Nusuk pilgrim card launched
- May 3,2024
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- SUSTG Team
With the 2024 Hajj expected to begin June 14, Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah released the Nusuk card by presenting its copy to Indonesian Minister of Religious Affairs Yaqut Cholil Qoumas in Jakarta on Tuesday, April 30, during his official visit to Indonesia.
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Saudi Arabia Condemns Two Deadly “Terrorist” Explosions in Iran; Islamic State Claims Responsibility
- January 4,2024
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- SUSTG Team
Saudi Arabia has condemned two deadly explosions in Iran at a ceremonial procession that killed and injured hundreds and put the region on edge. The explosions struck minutes apart on Wednesday, shaking the city of Kerman, about 820 kilometers southeast of the capital, Tehran.
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Shares of oil and gas driller ADES Holding Climbed Almost 30% above its listing price on its market debut in Riyadh
- October 11,2023
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- SUSTG Team
Shares of oil and gas driller ADES Holding climbed almost 30% above its listing price on its market debut in Riyadh on Wednesday after raising $1.22 billion in an initial public offering last month, according to Reuters.
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As Tourism Sector in Saudi Arabia Soars, Officials Revise Upward Visitor Goals
- September 28,2023
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- SUSTG Team
As the tourism sector continues to outperform in Saudi Arabia, Saudi Arabia’s top officials are revising upward its visitor goals from previously targeted levels which were once considered by some to be unachievable when originally set forth.
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The 966 Episode #131, How growing Saudi sports participation is impacting Saudi fashion, with Reiting Lee, Founder, The Oriental Hybrid
- June 17,2024
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- SUSTG Team
Reiting Lee, fashion strategy consultant and experienced brand specialist joins The 966 and host Richard Wilson for a fascinating Episode #131 to discuss how booming Saudi sports participation is impacting the fashion sector, particularly sportswear and athleisure.
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10th Saudi Film Festival Underway
- May 2,2024
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- SUSTG Team
The 10th Saudi Film Festival runs May 2-9 at the King Abdulaziz Center for World Culture (Ithra) in Dhahran. Debuting in 2008 this year’s edition has two main themes: Indian cinema and sci-fi films.
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Secretary Blinken to Visit Saudi Arabia on Regional Diplomatic Tour to Contain Regional Spread of Violence
- January 5,2024
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- SUSTG Team
U.S. Secretary of State Antony J. Blinken will travel to the Middle East region this week to “discuss urgent mechanisms to stem violence, calm rhetoric, and reduce regional tensions,” according to a press release from the State Department. The State Department said that Blinken will visit Istanbul, Türkiye; Crete, Greece; Amman, Jordan; Doha, Qatar; Abu Dhabi, the […]
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MUST-READS
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Anti-ISIS CampaignPentagon Chief Says U.S. Plans To Increase Tempo Of Air Attacks Against ISIS
Defense Secretary Ashton Carter says the U.S. will begin to increase the tempo of an air campaign against Islamic State targets in Syria and Iraq.
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Anti-ISIS CampaignPentagon: State Doesn’t Have Enough People Tweeting At ISIS
To change the minds of more than 16 million Muslims who could support the Islamic State, almost entirely via social media, the U.S. State Department has a counter propaganda team of just about 20 people, according to a senior Pentagon official. Translation: the U.S. is not doing enough to out-tweet ISIS.
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AfghanistanAs the Pentagon plan for Afghanistan shifts, dispatches from the war zone
Bagram has been at the heart of much of Afghanistan’s tumultuous history over the last 60 years. The airport here was first built in the 1950s, as Washington allied itself with Kabul during the Cold War. President Dwight D. Eisenhower even landed at the airport here in 1959, traveling south by motorcade about 30 miles to Kabul as part of an official visit.
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Foreign Military SalesPentagon Agency Handled Record Foreign Arms Sales in 2015
Defense Security Cooperation Agency (DSCA) director Vice Adm. Joseph Rixey said that 2015 was the agency’s biggest year yet, outside of a 2012 boost from F-15 fighter jet sales to Saudi Arabia. DSCA processed $34.2 billion in sales in 2014, and $27.8 in 2013.
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SyriaObama to halt Pentagon effort to train Syrian rebels
esident Obama has decided to end the Pentagon’s failed effort to field a proxy force in Syria, senior administration officials familiar with the plan said today.
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IraqPentagon Scrambling to Know What U.S. Secrets Iraq Tells Russia
Pentagon officials do not know what secrets the Iraqi government may be telling Moscow, after Iraqi leaders unexpectedly entered into an intelligence-sharing agreement with Russia this weekend.
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SyriaPentagon: No more talks with Russia over safety risks for pilots over Syria
As Russia finishes its first major airbase in Syria with more than two dozen warplanes and new satellite imagery shows two more bases in the works, the Pentagon said Tuesday that Secretary of Defense Ash Carter does not plan to discuss deconflicting U.S. and coalition aircraft there without more Russian dialogue on political alternatives.
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SyriaRussia Is Setting Up A Forward Operating Base in Syria, Pentagon Confirms
After days of declining to confirm reports that Moscow is sending military equipment and troops into Syria to protect the embattled Assad regime and Russian assets in the war-torn country, Pentagon officials said Monday that Russian forces are establishing a forward air operating base near the country’s Mediterranean coast.
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Egypt: SinaiSinai blasts injure six peacekeepers, including four Americans: Pentagon
Six soldiers including four Americans were injured on Thursday in two blasts in northeast Sinai caused by improvised explosive devices, the Pentagon said.
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Iran - RussiaPentagon displeased with Iran missile sale
The Pentagon on Tuesday gave a frosty reception to the emerging deal between Iran and Russia for missile systems.
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