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Antonia Carver, director of Art Jameel, Riyadh’s New Murabba Development, Founding Day 2023 and more
- February 24,2023
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- SUSTG Team
In Episode 76, The 966 welcomes Antonia Carver director of Art Jameel, who discusses her work supporting artists and creative communities in the Middle East region and beyond. Art Jameel was founded by the Jameel family philanthropies and is headquartered in Saudi Arabia and the UAE and works globally. Before the discussion, the hosts talk […]
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Saudi Arabia Sends their First Female Team to an International Tennis Federation (ITF) Event
- February 23,2023
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- SUSTG Team
This week saw another “first” for Saudi women and women’s sports in the Kingdom as the Saudi Arabia sent their first female team to an International Tennis Federation (ITF) event, Reuters reports.
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National Pride on Display Across the Kingdom as Saudi Arabia Celebrates Founding Day February 22nd
- February 22,2023
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- SUSTG Team
Saudi Arabia celebrated its newest national holiday, Founding Day, for the second time on February 22nd which honors the establishment of the Saudi state and is marked by traditional demonstrations across the Kingdom.
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Saudi Arabia to celebrate Founding Day on February 22
- February 21,2023
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- SUSTG Team
On February 22 Saudi Arabia celebrates Founding Day which commemorates Mohammed Bin Saud’s ascension to leadership of the central Arabian town of Diriyah in 1727.
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Lydia Ko Wins 2023 Aramco Saudi Ladies International with One Shot Victory at Royal Greens
- February 20,2023
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- SUSTG Team
Lydia Ko fired a final round of 68 (-4) to win the 2023 Aramco Saudi Ladies International presented by Public Investment Fund by one stroke.
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MENA Region Rushes Aid to Turkey, Syria
- February 17,2023
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- SUSTG Team
In the wake of the February 6th 7.8-magnitude earthquake that devastated large areas of Turkey and Syria many countries, including those in the MENA region, are rushing aid to the area.
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Saudi Arabia Crown Prince launches New Murabba Development Co. to Develop Riyadh’s Downtown
- February 16,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince, HRH Prince Mohammed bin Salman, has launched a new initiative called the New Murabba Development Co. to develop Riyadh’s downtown “through the building of a unique living, working, and entertainment experience.”
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Saudi Arabia Selected as Club World Cup 2023 Hosts after Al Hilal Reached 2022 Final
- February 15,2023
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- SUSTG Team
Saudi Arabia has been selected to host the 2023 Club World Cup in December, FIFA announced on Tuesday in an unanimous vote.
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Senior US Delegation in Riyadh for Talks Shows Commitment, Official Tells Al Arabiya
- February 14,2023
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- SUSTG Team
Senior US officials from the Biden administration are in Riyadh this week for security meetings to discuss Iran and other mutual defense concerns, with one official telling reporters that the meetings demonstrate a commitment to the region despite the narrative in the media that the U.S. is seeking to distance itself from the region.
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IMF Head Says Gulf Economies are Becoming More Resilient to Energy Prices
- February 13,2023
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- SUSTG Team
Governments of Gulf countries have made progress toward diversifying their economies away from oil by opening up to private investment and implementing taxes, according to comments from Kristalina Georgieva, the head of the International Monetary Fund.
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MUST-READS
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E-CommerceSaudi Arabia E-Commerce Market is Predicted to Reach Nearly US $24 Billion by 2026
The population is highly urbanized as more than 84% of the country living in urbanized areas, with super-fast internet connections. With such an affluent population, Saudi Arabia is poised as an attractive market for e-Commerce offering huge potential for industry players.
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SAMACapital, Technical Restrictions on Money Exchange Offices in Saudi Arabia
The Saudi Arabian Monetary Authority (SAMA) - the Central Bank of Saudi Arabia – has imposed capital and technical restrictions on money exchange offices in the kingdom. SAMA announced a draft of updated regulations for exercising exchange operations in the kingdom in which it insisted that the paid-in capital must not be less than SAR2 million (USD533k) except for centers licensed to export and import cash.
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Yemen Civil WarYemen Envoy Sees Path to End Conflict
Yemen’s government wants to resume direct peace talks with Iranian-backed Houthi rebels to end a brutal five-year conflict, but getting the insurgents back to the negotiating table will require both military pressure and international diplomacy, the nation’s U.S. envoy said.
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Military TrainingNew regs to restrict firearms, base access, travel for international military students
For now, international student training is still on pause, as the Army, Navy and Air Force departments receive guidance from the Pentagon and implement their own plans, based on the type of training they’re doing and where they are located.
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Dakar RallyDakar Rally 2020: Sainz seals victory, Alonso finishes 13th on debut
Two-time World Rally champion Carlos Sainz Sr has secured this third Dakar Rally victory in the 2020 edition of the event, held in Saudi Arabia for the first time ever.
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Taliban TalksContradictory reports regarding Iran’s support to the Taliban
“Iranian support to the Taliban is tempered by their realization that Taliban control of Afghanistan is not in Iran’s best long term interest due to a history of ideological differences. Instead, lethal aid and training are used as a balancing force to counteract increased Western influence,” a 2012 U.S. military intelligence assessment reads.
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China in the RegionPerspective: Will China Benefit from the US’s Conflict With Iran?
China’s hope is that another strategic diversion or distraction, such as a conflict with Iran, will suck the U.S. back into a quagmire in the Middle East. The last time the Chinese bore similar hope was during the Syrian “red line” crisis.
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LibyaLibya conflict: Turkey and Russia call for ceasefire
The two leaders are seen to back rival sides in a conflict dragging in an increasing number of states. After talks in Istanbul, Mr Erdogan and Mr Putin said the ceasefire should come into force at midnight on Sunday.
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Saudi AramcoSaudi Aramco Shares Take Hit From Mideast Conflict
Investors who bought Aramco shares after the Saudi oil giant’s highly anticipated initial public offering last month haven’t benefited from the outbreak of conflict in the company’s Mideast backyard. Shares of the company—officially called Saudi Arabian Oil Co. —have fallen 10% from their peak on Dec. 16, a few days after they began trading on Saudi Arabia’s Tadawul exchange.
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PetrochemicalsTrade tensions, stricter regulations weighing on chemical industry: SABIC CEO
Trade tensions between the US and China and tightening environmental regulations in some regions are weighing on the demand for chemical products, used in everything from cars to clothing, Saudi Basic Industries Corporation (SABIC) CEO Yousef al-Benyan said at an industry event on Wednesday. The industry is going through “rapidly changing regulations, constant technology disruptions and increased market uncertainty,” said al-Benyan, who added that the global petrochemical industry was in a “state of transition.” Al-Benyan was speaking at the annual Gulf Petrochemicals and Chemicals Association (GPCA) forum in Dubai.
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