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Recent stories from sustg
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Is Saudi Arabia Just at the Beginning of its Heritage and Antiquities Discoveries?
Saudi authorities indicated that the Kingdom has only begun to discover important cultural and heritage sites and artifacts across Saudi Arabia, with Heritage Commission CEO Dr. Jasser Bin Suleiman Al-Harbash stating that archaeological sites, which have been discovered in the Kingdom, constitute only 15% of Saudi Arabia’s treasures.
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Report – Saudi NEOM’s Tech Unit Rebrands as Tonomous and Will Invest $1 billion in 2022
NEOM Tech & Digital, a subsidiary of the $500 billion signature NEOM project of the Saudi crown prince, has invested $1 billion in 2022 in AI, including a metaverse platform, its chief executive said on Tuesday, according to a Reuters report.
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Saudi Arabia’s PIF Eyes a Stake in Regional Starbucks Franchise — Report
Saudi Arabia’s Public Investment Fund is leading a consortium of investors which has emerged as the frontrunner to buy a minority stake in Kuwaiti conglomerate Alshaya Group’s Starbucks Corp. franchise, people familiar with the matter told Bloomberg.
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Iraq’s Clashes Sends Oil Higher Before Retreat
Oil surged to the biggest gain in six weeks before paring some of those gains after Iraq’s state marketing company said exports haven’t been affected by violent clashes in Baghdad, according to Bloomberg.
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PIF Returns to Buy-Low Playbook with 2Q Stock Market Buying Spree
Saudi Arabia’s Public Investment Fund (PIF) bought shares in Alphabet, Zoom Video, and Microsoft this week as part of a wider pick of U.S. stocks, bringing the market value of the sovereign wealth fund’s investment portfolio to about $40.8 billion at the end of the second quarter, Reuters reports.
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Report: Saudi, UAE Save Remaining Spare Capacity for Potential Winter Supply Crisis
According to a report in Reuters, OPEC+ production leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a “significant increase” in oil output “should the world face a severe supply crisis this winter,” sources familiar with the thinking of the top Gulf exporters told Reuters in an exclusive report.
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OPEC, Allies Agree to Increase in Oil Production
Saudi Arabia and the OPEC+ group of oil-producing countries agreed to a small increase of 100,000 bpd in oil production on Wednesday after the U.S. and other consuming nations called for more crude in the market, according to reports.
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Crown Prince Mohammed bin Salman arrives in Greece in First Visit to Europe Since 2018
Saudi Arabia’s Crown Prince Mohammed bin Salman arrives in Greece today for talks with its premier, Kyriakos Mitsotakis, marking his first trip to a European Union nation since 2018.
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Foreign Direct Investment into Saudi Arabia Jumps 9.5%, Saudi Arabia’s Ministry of Investment Says
Saudi Arabia recorded 9.5% increase year on year in foreign direct investment (FDI) flows during the first three months of 2022, Saudi Arabia’s Ministry of Investment (MISA) said on Twitter on Tuesday.
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Saudi Crown Prince Lands in Egypt on Start of Regional Tour
Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Cairo, Egypt on Monday, kicking off his first tour outside the Gulf region in over three years, according to reports.
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MUST-READS
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Three new MERS deaths reported in Saudi Arabia
Three people in Saudi Arabia have died from Middle East Respiratory Syndrome (MERS) coronavirus and three others have been infected, Makkah daily reported on Sunday.
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Saudi Arabia finds six new MERS cases as outbreak grows
Saudi Arabia said late on Wednesday it had detected six new cases of the deadly Middle East Respiratory Syndrome (MERS) in 24 hours, the biggest daily jump for months with officials blaming lax hospital procedures.
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Rise in MERS cases prompts Saudi warning to residents
Saudi Arabia's Health Ministry on Monday urged residents of the world's top oil exporter to renew precautions against Middle East Respiratory Syndrome (MERS) after a rise in new cases of the disease since early September.
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Saudi MOH Announces 2 More MERS Cases
Roughly six weeks ago, after a relatively quiet July and August, we began to see a slow uptick in the number of MERS-CoV infections being reported out of Saudi Arabia. While the numbers remain modest – even compared to the same time last year – the clustering in Taif east of Mecca prior to the Hajj is concerning.
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Saudi MERS patient assumed infectious on Doha-Vienna flight
A Saudi woman suffering from Middle East Respiratory Syndrome (MERS) is assumed to have been infectious when she flew from Doha to Vienna on Sept. 22, the World Health Organisation said on Thursday.
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Security, rival operators delay mobile newcomers’ entry to Saudi
State security requirements and a lack of cooperation from Saudi Arabia's existing telecom operators have delayed the launch of two new mobile companies until later this year, their chief executives said. The national telecom regulator, trying to increase competition, instructed the kingdom's three mobile operators to each host a mobile virtual network operator (MVNO), announcing winning bidders as long ago as June 2013.
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Mers: Saudis in push to keep Hajj free from deadly virus
Health officials in Saudi Arabia say they are doing all they can to avoid an outbreak of the deadly Middle East Respiratory Syndrome (Mers) coronavirus at the annual Hajj pilgrimage next month. The BBC's Global Health Correspondent Tulip Mazumdar has been given rare access to the kingdom.
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Saudi MOH Announces a MERS Case In Riyadh
For the second day running, and the fifth case reported over the past 9 days, the Saudi MOH has announced a fresh MERS case, this time in Riyadh which last reported a case 4 days ago (Sept 12th). Essentially all we know is the patient is a 39 year old male, Ex-Pat who is not a HCW, and who is in intensive care. With the Hajj set to begin in just over two weeks, and with that the influx of more than 2 million pilgrims to the Kingdom, this recent uptick in cases is of particular concern.
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Study finds little spread of MERS-CoV in Saudi households
The standard thinking on MERS-CoV is that it doesn't spread very easily, other than in healthcare settings with weak infection control precautions. A new study looking for transmission of the virus in the households of Saudi Arabian patients in 2013 seems to fit well with that view, though it has some limitations.
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Saudi Arabia sacks minister criticized over handling of MERS
Saudi Arabia has sacked Deputy Health Minister Ziad Memish who has been criticized by some international scientists over his handling of the deadly MERS virus that has infected 575 people in the kingdom and spread around the world.
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