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Israelis Can Now Go to Saudi Arabia For Religious Pilgrimages, Business Visits, Israel Says; Saudi Says ‘Our Policy is Fixed’
- January 27,2020
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- SUSTG Team
UPDATE: Saudi Arabia’a Foreign Minister said Israelis were not welcome to visit the kingdom, CNN reported on Monday. “Our policy is fixed. We do not have relations with the state of Israel and Israeli passport holders cannot visit the kingdom at the current time,” CNN quoted Prince Faisal bin Farhan as saying. [Reuters] —- A new […]
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Saudi Health Officials, Experienced with MERS-CoV, Take Preventative Measures against New ‘Wuhan’ Coronavirus
- January 23,2020
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- SUSTG Team
Officials in Saudi Arabia are taking precautions to stop the spread of a new coronavirus from China, screening arriving passengers and nurses to prevent a public health threat, according to reports.
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World Bank’s Women, Business and the Law Report says Saudi Arabia Top Reformer, Improver Among 190 Economies
- January 15,2020
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- SUSTG Team
The Kingdom of Saudi Arabia has realized a remarkable leap in the World Bank’s Women, Business and the Law 2020 report, with a score of 70.6 out of 100 and achieving the honor of being the top improver over the last year, according to reports.
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Using ‘Greenshoe Option’, Saudi Aramco Raises IPO to Record $29.4B; Banks Seek ‘Incentive Fee’
- January 14,2020
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- SUSTG Team
Saudi Aramco sold millions of additional shares of its initial public offering using a so-called “greenshoe option” that has raised the size of its IPO by nearly $4 billion.
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Saudi Aramco Energy Ventures Prepares New $500m Fund, Opens Office in China
- January 13,2020
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- SUSTG Team
Saudi Aramco Energy Ventures (SAEV), a unit of the kingdom’s energy company, is preparing to start a new $500 million fund this year after completing $500m in investments, Bloomberg reports.
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With Tensions Soaring, Saudi Arabia Keeps Eyes on Cyber Threat from Iran
- January 8,2020
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- SUSTG Team
As tensions soar between the United States and Iran, Saudi officials are keeping close tabs on emerging cybersecurity threats that may be emanating from the Islamic Republic, according to a report.
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U.S. Probe of Saudi Oil Attack Shows it Came From the North – Reuters Report
- December 20,2019
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- SUSTG Team
The United States said new evidence and analysis of weapons debris recovered from an attack on Saudi oil facilities on Sept. 14 “indicates the strike likely came from the north, reinforcing its earlier assessment that Iran was behind the offensive,” Reuters reports in an exclusive. The attacks on September 14th were significant. Two of Saudi […]
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Saudi Aramco Soars 10% in Debut in ‘Vindication’ for Company
- December 11,2019
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- SUSTG Team
Saudi Aramco’s shares rose SAR 3.20, or 10% (the daily limit) to 35.2 riyals in Riyadh, raising the company’s valuation to $1.88T. The debut, by any measure, is a success, and officially makes Saudi Aramco the world’s most valuable company.
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Tiger Woods Cites Busy Schedule in Declining to Play in Saudi Invitational, Defends Mickelson’s Decision to Play
- December 4,2019
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- SUSTG Team
Tiger Woods has declined to play in the upcoming Saudi Invitational golf tournament early next year, citing one of the busiest tour schedules for the Master’s champ in recent years, and defended the decision by Phil Mickelson and others to play. Woods said that he understood that the decision could be difficult for some athletes, […]
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Qatar, Saudi National Teams Set to Face Off in Semifinals of Gulf Cup in Doha
- December 3,2019
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- SUSTG Team
Qatar defeated the United Arab Emirates, 4-2, in the quarterfinals of the Gulf Cup being played in Doha, Qatar on Monday. The win advances the host country’s team to a semifinal match against Saudi Arabia on Wednesday. The match between the two teams has extra intrigue as the two nations play each other for the […]
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MUST-READS
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PGA Tour unveils joint events with European Tour, reduction of WGCs in 2021-22 schedule
The WGCs are put on by the International Federation of PGA Tours, which includes the Asian Tour, and the PGA Tour has taken a firm stance against cooperating with groups that seek to challenge its position at the pinnacle of professional golf. In a related move, the tour, according to a report last week, indicated that it will not grant players event releases for next year’s Saudi International after the European Tour ceased to sanction it on its schedule.
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Saudi Arabia seeks European partners to expand space programme
Saudi officials in charge of developing the country’s space programme are travelling around Europe seeking partnerships with leading companies in a sign that the Kingdom is putting the programme up on its agenda.
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Turkey Resumes Trade That Made It Europe’s Top Trash Destination
In the five years leading up to the ban, Turkey received more garbage from Europe than any other country. While it’s supposed to be mostly recycled, images of garbage piled in fields earlier this year sparked a public backlash, with Turkish importers accused of illegally dumping thousands of tons of trash.
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Saudi inflation rises again in June, hits highest rate this year | Reuters
“Noting that consumer prices still reflect an increase of the value added tax (VAT) from 5% to 15% in July 2020, the rise of the CPI resulted mainly from higher prices of transport (+22.6%) and food and beverages (+8.1%),” the General Authority for Statistics said.
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Saudi Ma’aden signs deal for calcined petroleum coke for aluminium plant
A subsidiary of state-run Saudi Arabian Mining Co (Ma'aden) signed a five-year contract on Tuesday to buy calcined petroleum coke from a Saudi company for its aluminium smelter facility in Ras Al Khair, the Saudi state news agency (SPA) reported.
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Europe’s climate masterplan aims to slash emissions within a decade
The policies, if approved, would put the bloc - the world's third-largest economy - on track to meet its 2030 goal of reducing planet-warming emissions by 55% from 1990 levels.
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Two Army brigade deployments to Mideast and Europe announced
Army officials have announced two upcoming unit rotations to Europe and the Middle East.
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Iran takes steps to make enriched uranium metal; U.S., Europe powers dismayed
U.S. and European officials made clear that Iran's decision would complicate, and potentially torpedo, indirect U.S.-Iranian talks seeking to bring both nations back into compliance with the 2015 deal, which was abandoned by former President Donald Trump.
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Reuters Exclusive: New Saudi airline plan takes aim at Emirates, Qatar Airways
Two people familiar with the matter said the new airline would boost international routes and echo existing Gulf carriers by carrying people from one country to another via connections in the kingdom, known in the industry as sixth-freedom traffic.
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Qatar Petroleum grabs $12.5 billion in emerging market bonds record
Qatar Petroleum (QP), one of the world’s top liquefied natural gas (LNG) suppliers, sold $12.5 billion in a jumbo four-tranche bond deal on Wednesday, a document showed, its first public bond sale and the biggest issuance out of emerging markets this year.
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