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Viral Marketing Video by Coca Cola Seats 6 Strangers Together for Iftar Dinner
- September 1,2015
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- SUSTG Team
During Ramadan, Coca-Cola Middle East created a video along with an anti-prejudice campaign in which six strangers came together for an iftar dinner to urge tolerance. The video was shot in the dark using infrared video equipment so the men couldn’t see each other as they chatted about various topics. When the lights turned on, they […]
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Fire at Saudi Aramco Residence Complex Kills 10, Hundreds Injured; Cause of Fire Unknown
- August 31,2015
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- Lucien Zeigler
A fire broke out at a housing complex for Saudi Aramco workers in the eastern city of Khobar, killing 10 people and injuring hundreds, according to reports. The cause of the fire is not yet known, but the BBC reports that Saudi Aramco has begun an investigation into the cause. According to Reuters, Saudi Arabia’s […]
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Boeing, Saudi Companies to Form New Joint Venture for Helicopter Service
- August 28,2015
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- SUSTG Team
Boeing and its Saudi partners are forming a maintenance, repair and overhaul company for commercial and military helicopters in Saudi Arabia, according to reports. Boeing has signed the agreement with Saudia Aerospace Engineering Industries (SAEI) and Alsalam Aircraft Company to create the Saudi Rotorcraft Support Center in the Kingdom of Saudi Arabia. The joint venture will have locations […]
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King Salman’s Visit to United States Follows Years of U.S.-Saudi Bi-Lateral Diplomacy
- August 27,2015
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- SUSTG Team
Saudi Arabia’s King Salman is set to meet with President Obama on September 4, 2015, the first visit by a Saudi head of state since King Abdullah in September of 2010. This is the second time President Obama and King Salman will meet in person this year and follows a busy 2015 for bi-lateral meetings between the […]
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King Salman to Visit Washington for September 4th Meeting with President Obama; First Saudi King to Visit since 2010
- August 26,2015
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- SUSTG Team
Saudi officials and sources say King Salman will visit the United States for the first time since ascending the throne and will meet with President Barack Obama on Friday, September 4th in Washington. The King’s visit will be the first since the late King Abdullah visited the United States in 2010. In May, King Salman was invited to […]
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Oil in Downward Spiral as Global Markets Push Prices to Fresh Lows
- August 25,2015
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- SUSTG Team
Recent turmoil in global markets, originating in China and spreading to markets globally, have put added pressure on an already battered price of oil as investors look for the bottom. Oil has fallen by about $60 in the last year, and instability in markets this week has increased downward pressure on the commodity with a 6% […]
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MERS Surges Ahead of Hajj in Test to New Health Minister
- August 24,2015
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- SUSTG Team
Saudi Arabia’s Ministry of Health confirmed 49 new cases of Middle East Respiratory Syndrome (MERS) coronavirus in the last week as the urgency to keep the forthcoming Hajj period free of the infectious disease rises. So far, Saudi Arabia has identified 1,147 infections of the virus, including 487 deaths, since the appearance of the disease […]
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Sfakianakis on Bloomberg: How Much Longer Can Saudi Arabia’s Economy Hold Out Against Cheap Oil? – Video
- August 21,2015
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- SUSTG Team
With economists predicting a budget deficit of as much as 20 percent of GDP this year and the IMF forecasting the first Saudi current-account deficit in more than a decade, Saudi Arabia faces tough fiscal policy choices ahead as the price continues to stay low. Saudi finance expert and Ashmore Group Middle East Director John Sfakianakis spoke with Bloomberg […]
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Saudi Arabia’s Women are Registering to Vote for the First Time Ever
- August 20,2015
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- SUSTG Team
Voter registration for women began in the parts of Saudi Arabia this last weekend in a milestone for women’s rights. The first registered women voters in Saudi Arabia comes four years after King Abdullah announced that women will be granted equal voting rights. “The participation of the Saudi women in the municipal elections as voters and […]
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Saudi Oil Exports Boosted to Record Numbers as IMF Urges Fiscal Policy Changes and Greater Economic Diversification
- August 19,2015
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- SUSTG Team
Saudi Arabia’s oil exports rebounded in June from a five-month low as the largest OPEC producer boosted output to a record, Bloomberg reports. Exports climbed to 7.37 million barrels a day from 6.94 million barrels in May, according to JODI data. Saudi Arabia told OPEC its June production was a record, exceeding a previous all-time high set in […]
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MUST-READS
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How Saudi Arabia is aiming to become an entertainment hub
Saudi Arabia aims to fortify its entertainment industry by building 24 theme parks and 421 entertainment centers, apart from other new attractions, restaurants, and cafes.
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How Saudi Arabia is aiming to become an entertainment hub
Saudi Arabia aims to fortify its entertainment industry by building 24 theme parks and 421 entertainment centers, apart from other new attractions, restaurants, and cafes.
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Saudi Arabia condemns Israeli raid in Jenin
Saudi Arabia on Thursday strongly condemned a raid by Israeli commandos on the Palestinian town of Jenin that killed seven people and injured two, state news agency SPA reported. The Saudi foreign ministry said it denounced Israeli forces' "storming of the city" that led to "the fall of a number of victims".
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Explainer: Why is Turkey blocking Swedish and Finnish NATO membership?
Swedish and Finnish hopes of quickly joining NATO have run into an obstacle in the form of objections by Turkey, which holds veto powers over accession to the military alliance. The three nations reached an agreement on how to proceed in Madrid last June, but Turkish President Tayyip Erdogan has said Sweden, in particular, is not keeping its side of the bargain.
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Canoo Gains On Distribution Agreement With GCC Olayan In Saudi Arabia
"We recognize that there is a growing demand for sustainable mobility solutions in Saudi Arabia, partly driven by the Kingdom's launch of the Saudi Green Initiative and its pledge to achieve net zero by 2060," said OSHCO CEO Uwaidh K. Al-Harethi.
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Kuwait’s Emir pardons dozens of dissidents to end political deadlock
Kuwait’s Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah has issued an amnesty decree covering dozens of political dissidents. The move follows previous pardons ordered by the Emir over the past two years amid a national dialogue aimed at ending the political deadlock in the country. However, only days after the amnesty, Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah submitted his government’s resignation.
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‘Mad Max: Fury Road’ producer joins UK-Saudi training scheme
The UK’s Creative Media Skills Institute has partnered with Saudi agency Film AlUla to host a 10-day training programme in northwest Saudi Arabia from February 26. Smith is among those who will travel to AlUla next month to help educate 25 trainees from the region, who are exploring careers in production and assistant directing as well as in the art, locations, costume, make-up and hair departments.
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Saudi Arabia Ups Its Advanced Air Mobility Game With Terra Drone Investment
Saudi Arabia is stepping up its bid for a stake in the advanced air mobility sector, with Wa’ed Ventures, the venture capital arm of oil and gas giant Aramco, this week investing $14 million in drone operations and uncrewed traffic management (UTM) group Terra Drone. The Japan-based company, which has previously raised $83 million, will now establish a subsidiary in Saudi Arabia to develop services such as drone surveys and develop infrastructure that could support eVTOL aircraft operations.
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Russia in the Middle East After Ukraine
First, I am among those who believe that this war in Ukraine will last for a long time, and that Russia's standoff with the West will last for a long time. Against that geopolitical backdrop, I think Russia has decided to put a premium on closer partnership with Iran. You can see it play out in many different areas.
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French quantum computer startup PASQAL raises 100 million euros
Paris-based quantum computer startup PASQAL on Tuesday said it had raised 100 million euros ($109 million) and aims to deliver major commercial advantages over classical computers by next year using the fresh funds. The investment is the biggest private funding round for a quantum computer startup in Europe, according to Georges-Olivier Reymond, CEO and co-founder of PASQAL. It comes as the stock price collapse of three New York-listed quantum computer makers, IonQ Inc (IONQ.N), Rigetti Computing , and D-wave Quantum has made funding for the sector challenging.
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