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Saudi Arabia Re-Allows Entry From and Travel to UAE, Argentina and South Africa – SPA
- September 8,2021
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- SUSTG Team
Saudi Arabia removed the United Arab Emirates, Argentina and South Africa from its entry banned country list and re-allowed citizens to travel to the three countries starting Sept. 8, Reuters reports, citing state media. The decision comes just weeks before Dubai is set to host the Dubai Expo 2020 trade fair.
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Saudi Arabia Ranks 2nd in G20 in Digital Competitiveness — Report
- September 6,2021
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- SUSTG Team
Saudi Arabia has been ranked second among the G20 countries in the Digital Competitiveness Report for the year 2021, a publication issued by the European Center for Digital Competitiveness, according to a report. The reports findings are based on data provided by the Global Competitiveness Index issued by the World Economic Forum, and supporting data […]
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Jadwa Chartbook for September 2021: PMI Indicates Continued Expansion for Saudi Economy
- September 2,2021
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- SUSTG Team
Jadwa Investment’s recently-released Chartbook for the month of September shows a Saudi economy awaking from the pandemic year with solid figures in non-oil PMI, consumer spending, and POS transactions.
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Saudi Economy: Jadwa Investment Revises 2021 GDP Forecast Upward as Activity Rises
- August 26,2021
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- SUSTG Team
With both oil and non-oil economic activity in Saudi Arabia growing as the Kingdom’s economy bounces back from the pandemic, Riyadh-based Jadwa Investment said in a research note that it will upgrade Saudi Arabia’s 2021 forecasted GDP.
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Saudi Arabia’s June Non-Oil Exports Rise by 41%; Oil Exports Rise 123% to Over $16 billion
- August 24,2021
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- SUSTG Team
The value of Saudi Arabia’s non-oil exports, a key indicator for the Kingdom’s ongoing effort to diversify its economy, soared 41% in the month of June, according to reports citing official data released by the government on Tuesday.
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IATA Lauds Saudi Embrace of Travel Pass for Covid Vaccination Clearance
- August 19,2021
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- SUSTG Team
The International Air Transport Association (IATA) said in a press release that it welcomed the decision of the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia to accept IATA Travel Pass to confirm pre-departure COVID-19 test results for departing and arriving passengers starting 30th of September 2021.
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Daily New COVID-19 Cases in Saudi Arabia Fall Below 1,000 for First Time in Two Months
- August 6,2021
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- SUSTG Team
Daily new COVID-19 cases in Saudi Arabia fell below the 1,000-mark on Thursday for the first time since June 6, according to official figures, with 986 individuals infected over the past 24 hours.
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Report: Potential Showdown Looms as PGA Tour Says it Wont Allow Players to Compete in Saudi International
- July 30,2021
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- SUSTG Team
The PGA Tour will refuse to allow some of its biggest stars to play in the Saudi International golf tournament next year in response to the Saudi Public Investment Fund’s backing of a new challenging tour to rival the PGA, according to a report in Golf Week.
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Finance, Insurance Sectors in Saudi Arabia Latest to Move Toward 100% Saudization
- July 28,2021
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- SUSTG Team
The finance and insurance sectors in Saudi Arabia will move toward implementing total Saudization with the hiring of Saudi nationals in as many as 91,000 jobs that are currently occupied by non-Saudis, according to a report from the local Okaz/Saudi Gazette.
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Saudi Arabia’s Rock Art Complex Hima Gets Sought-After UNESCO World Heritage list Designation
- July 27,2021
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- SUSTG Team
Hima, one of the largest rock art complexes in the world located in Saudi Arabia, has landed on UNESCO’s World Heritage list, the sixth such location in the Kingdom to receive the sought-after designation, according to reports. Entered into UNESCO’s listings as the Ḥimā Cultural Area, the incredible rock art is located in an arid, mountainous area of […]
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MUST-READS
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InflationSaudi inflation plunge aids government in fight to tame deficit
A plunge in Saudi Arabia's inflation rate, to its lowest level in more than 10 years, is good news for the kingdom's efforts to reduce a huge state budget deficit without stifling economic growth.
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King SalmanSaudi king reinstates 200 government employees following dismissals
Saudi Arabia’s King Salman has ordered the reappointment of 200 state employees who were dismissed from their jobs at the Ministry of Education in January 2013, according to local media.
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Boris JohnsonThe British government doesn’t agree with its top diplomat about Saudi Arabia
Not surprisingly, a spokeswoman from Downing Street came out strongly against Johnson's remarks
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Islamic ExtremismWhy Team Trump should understand that the Saudi government is not responsible for exporting “radical Islam”
In the essay I place Islamic extremist movements in the broader historical context of radical reform movements that have been a central feature of global politics for most of the 150 years of the still – fairly – new – “modern world.”
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Saudi EconomySaudi government infusing cash into economy, may boost growth, data shows
In addition to financing payment of the government's debts, last month's international bond issue appears to be helping the economy by reducing pressure for Riyadh to borrow domestically.
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Saudi-EgyptEgypt court sides against government in Saudi islands case
An Egyptian court has upheld a ruling by a lower tribunal that annulled President Abdel Fattah el-Sissi's decision to transfer two strategic islands to Saudis.
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Government EmploymentSaudi sets new rules for government worker bonuses
Under the new system, those that contribute to implementing the department’s objectives through hard work, provide exceptional ideas, take initiative and realise the objectives of Vision 2030 will be given a bonus, the ministry was quoted as saying.
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HajjSaudi Arabia’s government has increased visa fees for those performing annual Hajj pilgrimages
A nearly six-fold hike in visa fees to Saudi Arabia has been met with heavy criticism, with many Muslim countries voicing concerns that the plan will be an added burden to pilgrims visiting Islam’s holiest sites.
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SecurityGunmen who killed Saudi security officers linked to other attacks: government
Gunmen who shot dead two security officers in the eastern Saudi Arabian city of Dammam on Tuesday were connected to previous militant attacks in the region, the Interior Ministry said on Thursday.
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Saudi Binladen GroupSaudi Binladin Group gets delayed government funds
Saudi Arabia’s government has transferred delayed funds to construction giant Saudi Binladin Group so it can pay back-wages to its remaining employees, the company said on Monday.
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