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Recent stories from sustg
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Russia’s President Putin to Visit Saudi Arabia and U.A.E. on Wednesday
- December 5,2023
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- SUSTG Team
President Vladimir V. Putin will make a rare trip to the Middle East on Wednesday saying he would discuss bilateral relations, oil and international affairs in Saudi Arabia and the United Arab Emirates.
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Kingdom’s Cinemas See Rush of Crowds to See ‘Barbie’, Now Showing in Saudi Arabia Despite Ban in Kuwait
- August 16,2023
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- SUSTG Team
Saudis are rushing to cinemas to see the global hit movie “Barbie” in theaters across the Kingdom, local media report.
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World Bank Lauds KSA for Breakthrough Pension Reforms
- July 16,2024
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- SUSTG Team
Saudi Arabia took a big leap forward in transforming its pension system with the recent announcement of comprehensive reforms, designed with support from the World Bank, aimed at enhancing income protection during old-age, but also promoting gender equality.
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U. S. Secretary of State Antony Blinken to Visit Middle East this week Seeking Ceasefire Agreement
- March 19,2024
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- SUSTG Team
U.S. State Department spokesman Matthew Miller said, “The Secretary will discuss efforts to reach an immediate ceasefire agreement that secures the release of all remaining hostages, intensified international efforts to increase humanitarian assistance to Gaza, and coordination on post-conflict planning for Gaza, including ensuring Hamas can no longer govern or repeat the attacks of October 7.”
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Khalid bin Musaed bin Saif bin Abdulaziz Al-Saif (1953-2024)
- February 23,2024
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- Richard Wilson
*A note from SUSTG’s President, Richard Wilson.* My friend, Khaled Al-Saif, a true Saudi patriot, passed away on February 18.
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Saudi Private Sector Employment Reaches 10.8m – Latest Data
- December 6,2023
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- SUSTG Team
Saudi Arabia’s total number of employees in the private sector reached 10.8 million in November, up 0.93 percent from the previous month, according to newly released figures reported by Arab News.
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PSG Agree to a €90m ($98m) Deal to Send Neymar to Saudi Side Al Hilal – Reports
- August 14,2023
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- SUSTG Team
31-year old Brazilian forward Neymar is headed for Saudi Arabia after the Saudi Pro League side Al Hilal agreed a two-year deal with Paris Saint-Germain (PSG), Saudi state media has reported.
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Fourth Riyadh Season to Begin with a Large Opening Ceremony and a Major Boxing Fight: Tyson Fury vs. Francis Ngannou
- July 13,2023
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- SUSTG Team
The fourth Riyadh Season will kick off on Oct. 28 with an opening ceremony and a momentous boxing match featuring Tyson Fury vs. Francis Ngannou, according to reports. Turki Al-Sheikh, Chairman of the General Entertainment Authority said the event this year is back with “world-class experiences and live events — keeping its claim as one […]
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NASA Signs US, Saudi Arabia Agreement for Civil Aeronautics, Space Collaboration
- July 17,2024
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- admin
The United States and Saudi Arabia signed a framework agreement that opens new possibilities for cooperation with NASA in areas such as space science, exploration, aeronautics, space operations, education, and Earth science. NASA Administrator Bill Nelson signed on behalf of the U.S., and CEO of the Saudi Space Agency Mohammed bin Saud Al-Tamimi signed on behalf […]
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OPEC and IEA Agree on Something
- March 18,2024
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- SUSTG Team
The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), two of the leading global energy forecasters, have long disagreed on demand growth. They agree on this however.
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MUST-READS
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Israel and China: The Bloom Is Off the Rose
Israel was the first country in the Middle East to recognize the People Republic of China (PRC), in 1950. Although the two states did not normalize their relations until 1992,[1] since then the bilateral relationship has developed extensively, especially in the economic sphere.[2] As Yellinek has established, “Starting in the early 2000s, ties between the two countries began to blossom, mostly because the Chinese government started to view Israel as a global technology hub and began seeking to capitalize on Israel’s innovation capabilities to help meet its own developmental needs and strategic challenges.”[3]
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Pentagon: China ‘significantly’ increased engagement with Middle East in 2021
The Pentagon's annual "China Military Power" report to Congress found that Beijing and its military increased engagement with countries in the region, particularly Iraq. "As Beijing's economic interests expand in areas like Africa, Latin America, Central Asia and the Middle East, we expect to see increased focus on expanding power projection operations globally," the report said.
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China set to loosen COVID curbs after week of historic protests
China is set to announce an easing of its COVID-19 quarantine protocols in the coming days and a reduction in mass testing, sources told Reuters, a marked shift in policy after anger over the world's toughest curbs fuelled widespread protests. Cases nationwide remain near record highs but the changes come as some cities have been lifting their lockdowns in recent days, and a top official said the ability of the virus to cause disease was weakening.
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Saudi Arabia to host China-Arab summit during Xi visit, sources say
Saudi Arabia plans to host a Chinese-Arab summit on Dec. 9 attended by Chinese President Xi Jinping during his visit to the kingdom, three Arab diplomats in the region familiar with the plans said on Wednesday. Xi is scheduled to arrive in Riyadh on Dec. 7, two of the diplomats and a fourth source with direct knowledge of the visit said, on a trip that comes at a sensitive time for Saudi-U.S. relations that have been strained by a dispute over energy supplies and concerns over growing Chinese influence in the Middle East.
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Chart: Covid Cases Surge in China
Protests have erupted across mainland China against the Beijing government’s strict zero-Covid policies. Sparked by a deadly tower block fire in Urumqi, in the western region of Xinjiang, that claimed the lives of 10 people, demonstrations spread to several cities including Beijing and Shanghai. According to Al Jazeera, protesters say rescue services were unable to reach the residents due to barriers installed as part of lockdown measures.
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China, India Squeeze Big Oil Discounts Out of Putin
But switching flows to Asia, where India has emerged as Russia’s second-biggest customer, has concentrated Moscow’s dependence on an ever-shrinking pool of buyers. China and India now purchase two-thirds of all the crude exported by sea from Russia; at least half of the crude exported by pipeline from Russia also goes to China.
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Saudi Arabia Remains China’s Top Oil Supplier
Saudi shipments rose 12 percent from a year earlier to 7.93 million tons, or 1.87 million bpd, versus September's 1.83 million bpd. China’s oil imports from Russia jumped 16 percent in October from the same month last year to just behind top supplier Saudi Arabia, as state-run firms stocked up before a European embargo over Russia’s invasion of Ukraine kicked in.
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Qatar signs 27-year deal with China as LNG competition heats up
QatarEnergy earlier this year signed five deals for North Field East (NFE), the first and larger of the two-phase North Field expansion plan, which includes six LNG trains that will ramp up Qatar's liquefaction capacity to 126 million tonnes per year by 2027 from 77 million.
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US partners in Middle East avoid taking sides against China
“As a medium-sized power, we also need to be pragmatic,” said Gargash, and “we sometimes need to engage with people we find distasteful,” adding that the UAE will choose “quiet diplomacy instead of outspoken criticism” in its conduct of foreign policy. See Salim Essaid's report on the topic.
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EV battery makers race to develop cheaper cell materials, skirting China
The EVs of the future — those arriving after 2025 — could shift to sodium ion or lithium sulfur battery cells that could be up to two-thirds cheaper than today's lithium ion cells. But their promise hinges on potential breakthroughs in electrochemistry by such startups as Berlin-based Theion and UK-based Faradion, as well as Lyten in the United States.
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