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Recent stories from sustg
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NEOM Unveils Leyja, the Area’s Latest Sustainable Tourism Destination
- October 16,2023
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- SUSTG Team
Saudi Arabia’s NEOM unveiled on Sunday the latest addition to its portfolio of ecotourism developments, “Leyja,” that starts along the Gulf of Aqaba coast and stretches inland through a valley surrounded by 400-meter-high mountains.
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Marriott International Signs Agreement with NEOM to Open Two Luxury Properties in Trojena
- September 25,2023
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- SUSTG Team
Marriott International, Inc. announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia. The agreement includes Saudi Arabia’s first W Hotel, and a JW Marriott property, according to a press release.
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Zelensky meets with Crown Prince in Jeddah
- June 13,2024
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- SUSTG Team
Ukrainian President Volodymyr Zelensky met with Crown Prince Mohammed Bin Salman during an unannounced visit to Jeddah this weekend.
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Special World Economic Forum Convenes in Riyadh
- April 29,2024
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- SUSTG Team
The World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh convenes 1,000 global leaders from 92 countries on 28-29 April, to support global dialogue and find actionable, collaborative and sustainable solutions to shared global challenges.
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Palestinian State a Must for Any Saudi-Israel Deal after Israel Invasion of Gaza – Ambassador
- January 10,2024
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- SUSTG Team
Saudi Ambassador to the United Kingdom Prince Khalid bin Bandar discussed the status of Saudi-Israel relations in light of the ongoing Israeli invasion of Gaza, telling the BBC a pact was “close” when the the kingdom paused US-brokered talks after Hamas’s deadly attacks on Israel on 7 October.
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Saudi Aramco’s CEO Says Kingdom is Eying New Investments in LNG – Report
- October 17,2023
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- SUSTG Team
Amin Nasser, the CEO of Saudi Aramco, said his company is looking at more investments in liquefied natural gas (LNG) to boost its plans to become a leading player in the seaborne gas market, according to a report.
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The CEO of Riyadh’s financial district, Gautam Sashittal, joins The 966 to talk about the Kingdom’s original giga-project and the city of the future
- September 22,2023
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- SUSTG Team
Gautam Sashittal, the CEO of Riyadh’s financial district that has redefined Riyadh’s skyline and is the city’s most sought-after business address and lifestyle destination, joins The 966 podcast. The district is home to many of Saudi Arabia’s largest companies and regional headquarters of international corporations doing business in the region, as well as the Kingdom’s […]
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ACWA Power plans $1.9 Billion Stock Sale
- June 12,2024
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- SUSTG Team
Saudi Arabia’s ACWA Power Co. is planning to raise $1.9 billion by issuing stock to existing shareholders, capitalizing on a sixfold increase in its share price since a 2021 listing.
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Vision 2030 Marks 8th Year Since Launch
- April 26,2024
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- SUSTG Team
Launched on April 25, 2016, Vision 2030, Saudi Arabia’s blueprint for economic and social transformation marks it 8th year and the halfway point between 2016 and 2030.
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New Mega Mountain Resort Aquellum, a ‘Subterranean Digitalized Community of the Future,’ Added to NEOM’s Growing Vacation Destination Offerings
- January 11,2024
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- SUSTG Team
NEOM has announced Aquellum, a new “luxury and experiential” vacation destination which is the latest addition to the ongoing regional development in northwest Saudi Arabia.
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MUST-READS
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It’s Not Just India. New Virus Waves Hit Developing Countries
Nations ranging from Laos to Thailand in Southeast Asia, and those bordering India such as Bhutan and Nepal, have been reporting significant surges in infections in the past few weeks. The increase is mainly because of more contagious virus variants, though complacency and lack of resources to contain the spread have also been cited as reasons.
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Indian oil imports: Saudi claws back No.2 supplier status from U.S.
Saudi Arabia was India's second biggest oil supplier again in March, after ceding the position for a month to the United States, which slipped to fourth place behind the United Arab Emirates, according to preliminary tanker arrival data obtained from shipping and industry sources. Iraq remained the top oil supplier.
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India’s crisis has Africa’s Covid-19 vaccine drives scrambling
That plan came to a grinding halt when the SII restricted exports of vaccines towards the end of March, as a second, more virulent wave of Covid-19 swept through the country. “As India confronts a truly dreadful wave of the pandemic, it is clear that all Indian vaccine production—for the next month at least—will be committed to protecting its own citizens,” a spokesperson for Gavi, the vaccine alliance helping to coordinate Covax, told Quartz Africa.
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Saudi Aramco and India’s Reliance discuss cash and share stake deal
Saudi Arabia has held talks with Mukesh Ambani’s Reliance Industries about a cash and share deal for a stake in the Indian company’s refining and petrochemicals arm, as the world’s largest crude oil exporter seeks to deepen ties with the fastest-growing energy consumer. Three people familiar with the matter said talks were revived in recent weeks to finalise state energy giant Saudi Aramco’s acquisition of a 20 per cent stake in the conglomerate’s assets, first announced by Ambani in 2019 when it was tipped to be a $15bn deal.
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Saudi Arabia ships 80 metric tons of liquid oxygen to India amid spike in COVID-19 cases
“Embassy of India is proud to partner with Adani group and M/s Linde in shipping much needed 80MT liquid oxygen to India. Our heartfelt thanks to the Ministry of Health Kingdom of Saudi Arabia for all their help, support and cooperation,” India’s embassy based in Riyad said in a tweet.
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UAE suspends all flights from India due to COVID-19 surge
The United Arab Emirates has suspended all incoming flights from India due to a surge in coronavirus infections there, the UAE's National Emergency Crisis and Disaster Management Authority (NCEMA) said on Thursday.
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‘The system has collapsed’: India’s descent into Covid hell
That same day, India registered a record-breaking 234,000 new coronavirus cases and 1,341 deaths – and the numbers have kept rising since. The country has descended into a tragedy of unprecedented proportions. Almost 1.6 million cases have been registered in a week, bringing total cases to more than 15 million. In the space of just 12 days, the Covid positivity rate doubled to 17%, while in Delhi it hit 30%. Hospitals across the country have filled to capacity but this time it is predominately the young taking up the beds; in Delhi, 65% of cases are under 40 years old.
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India’s COVID tsunami leaves bodies piling up as oxygen, medicines, vaccines and hospital beds run short
India's second wave really started gaining steam this month, with the daily count of new infections repeatedly setting new records throughout April. The total number of COVID-19 cases reported in India now stands at over 15 million. More than 1.5 million of those infections have been reported in the last seven days alone. The daily average is now about 220,000 new cases — the fastest rate of COVID-19 spread in the world.
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India, Pakistan held secret talks to try to break Kashmir impasse
Ties between the nuclear-armed rivals have been on ice since a suicide bombing of an Indian military convoy in Kashmir in 2019 traced to Pakistan-based militants that led to India sending warplanes to Pakistan. Later that year, Indian Prime Minister Narendra Modi withdrew Indian-ruled Kashmir’s autonomy in order to tighten his grip over the territory, provoking outrage in Pakistan and the downgrading of diplomatic ties and suspension of bilateral trade.
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India’s daily virus infections are world’s highest but crowds gather for festival
With 168,912 new cases, India accounts for one in six of all new infections globally, although the figure is still well below the U.S. peak of nearly 300,000 new cases on Jan. 8.
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