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966 E. 11: Saudi Arabia at COP 26, Seven Years of King Salman, and Saudi Arabia’s First Film Festival
- November 12,2021
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- SUSTG Team
Episode 11 of The 966 has the hosts talking about the Red Sea International Film Festival, King Salman in his 7th year on the throne, and Saudi Arabia at COP 26.
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PIF Eyes Deal to Merge Mobile Towers of Zain, STC to Form Telecom Giant – Report
- November 3,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund is weighing a deal to combine the mobile phone infrastructure of Saudi Telecom Co. and Zain Saudi Arabia “in a merger that would form the kingdom’s largest cellular towers company,” people familiar with the plans told Bloomberg.
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Saudi Arabia Looks to Turn its Smaller Stock Market, Nomu, Into Platforms for Startups to Raise Funds
- October 21,2021
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- SUSTG Team
Saudi Arabia’s stock exchange, the Tadawul, is in talks to recast its small-cap market, called Nomu, as a hub for the Middle East’s burgeoning startup industry,” people familiar with the matter told Bloomberg.
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Saudi Arabia Names New Health, Hajj Ministers by Royal Decree
- October 18,2021
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- SUSTG Team
Saudi Arabia’s King Salman issued a royal decree appointing Fahad bin Abdulrahman bin Dahes Al-Jalajel as the new health minister, replacing the long-serving Dr. Tawfiq bin Fawzan bin Mohammed Al-Rabiah, according to the Saudi Press Agency. Al-Rabiah will move over to the Ministry of Hajj and Umrah as Minister, the decree said.
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U.S. State Department Condemns ‘Outrageous’ Attack by Houthi Forces on King Abdullah Airport in Jazan
- October 11,2021
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- SUSTG Team
The U.S. State Department joined a chorus of other nations in condemning Friday’s attack by the Iran-backed Houthi group on King Abdullah Airport in Jazan, Saudi Arabia that wounded 10. The attack injured both passengers and airport staff when an explosives-laden drone hit King Abdullah Airport on Friday. According to Arab News, the injured included six […]
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ACWA Sets IPO Price at Top End of Range; Mulls Green Bond Options in 2022
- September 29,2021
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- SUSTG Team
Saudi Arabia’s ACWA Power International, one of the Kingdom’s main vehicles for building renewable energy projects, has set the offer price for its IPO at the top of a range, Bloomberg reports. According to that report, ACWA Power International will sell shares at 56 riyals ($14.93) apiece after the institutional part of the offering ended, and will raise $1.2 billion for […]
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After U.S. Withdrawal of Patriot Missiles, Greece Delivers System to Saudi
- September 15,2021
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- SUSTG Team
After the U.S. withdrawal of most of its advanced missile defense systems and Patriot batteries from Saudi Arabia in recent weeks, the Kingdom has turned to Greece to supply a Patriot battery and manpower to operate it, according to reports.
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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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Saudi Arabia’s Non-Oil Exports Rise 52 Percent in Q2 2021, Data Show
- August 30,2021
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- SUSTG Team
Saudi Arabia’s non-oil exports rose a whopping 52 percent during the second quarter of this year as evidence the kingdom’s economy continues to recover from the pandemic continues to mount. The total value of exports for the three-month period to the end of June increased to 238.6 billion Saudi riyals ($63.62bn), the Saudi Press Agency […]
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Saudi Arabia Expands Available Covid Vaccines as Kingdom Sees Steady Decline in New Cases
- August 25,2021
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- SUSTG Team
Saudi Arabia on Tuesday approved two more COVID-19 vaccines for use by its citizens and residents as the Kingdom continues to see progress in battling the spread of the virus within its borders.
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War in Yemen: EvacuationIndia leads rescue of foreign nationals, including Americans, trapped in Yemen
More so than any other nation, India has taken the lead in the rescue of foreigners trapped in Yemen, evacuating more than 550 foreigners from 32 countries, including a dozen Americans and three Pakistanis.
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PakistanPakistan tests missile that could carry nuclear warhead to every part of India
Pakistan on Monday test-fired a ballistic missile that appears capable of carrying a nuclear warhead to every part of India, another escalation in Islamabad’s effort to keep pace with its neighboring rival’s formidable military advancements.
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Saudi Arms PurchasesSaudi Arabia replaces India as largest defence market for US
Saudi Arabia has replaced India as the largest importer of defence equipment worldwide and took the top spot as the number one trading partner for the US in 2014, according to IHS’ annual Global Defence Trade Report.
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PakistanThat part of the India-Pakistan border that’s all beer and gunshots of joy
Only a giant, inflated neon Mountain Dew gave any indication that the race had corporate sponsors. Most participants funded their own rally cars, mechanics, transport, accommodation, and food. I was lucky to have accommodation in a private camp. Most spectators and journalists were only given a tent a few square feet of the parking lot, where they were to pitch it.
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Saudi-IndiaIndia, Saudi Arabia ink Haj agreement for 2015
The Haj quota for India for the year would be 136,020 and 100,020 pilgrims would come through Haj Committee of India, while the remaining 36,000 would come through Private Tour Operators.
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Expatriate Labor: IndiaKeeping routes open for Indian workers in the Gulf
Indians make up the largest number of overseas workers in the GCC. What’s more, Indians compromise a third of the total population in three GCC countries — Bahrain, Qatar and the UAE.
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HealthcareIndian businessman to invest in Saudi pharma sector
A UAE-based Indian billionaire will make investments worth SR1 billion in healthcare and pharmaceutical manufacturing sector in the new Jazan industrial city.
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India and PakistanA Suicide Bomber Attacks the Border of India and Pakistan
Two Pakistani Taliban groups have claimed responsibility for the attack: Jamaat ul-Ahrar, which recently splintered from the Pakistani Taliban, and Jundallah, a veteran terrorist group whose bombing of a church in Peshawar killed 127 last year. In remarks to Dawn, a Pakistani news service, Jamaat ul-Ahrar spokesman Ehsanullah Ehsan claimed that the bombing was in retaliation for Pakistan's anti-jihadist military operations near the country's border with Afghanistan.
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Saudi-IndiaSaudi Arabia an ‘important pillar of India’s energy security’
Answering questions from Saudi Gazette, Dharmendra Pradhan, Indian minister of state for petroleum and natural gas, who arrived in Riyadh on Monday for a three-day official visit for the second round of Saudi Arabia, India Energy Consultations, said the Kingdom is an important pillar of India’s energy security.
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Pakistan-IndiaFive more civilians killed in worst India-Pakistan fighting for years
The fighting comes at a time of changing power dynamics in South Asia, with Pakistan's army taking a more assertive role in politics and India's new nationalist Prime Minister Narendra Modi promising a more muscular foreign policy. Pakistani Prime Minister Nawaz Sharif has been weakened by opposition protests that started in August. He won the army's backing but in the process ceded space to the generals on some issues, including relations with India.
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