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To the Delight of Fans, Saudis Play Soccer Match in West Bank for First Time in Decades
- October 15,2019
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- SUSTG Team
Saudi Arabia’s soccer team will play against the national team in Palestine in the West Bank for the first time in over a decade, delighting fans from both sides. The match, planned for Tuesday, has “electrified Palestinians” not just because it’s a World Cup qualifying match, but because it’s a home game actually played at […]
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Russia’s Putin Arrives in Saudi Arabia to Discuss Oil Market Stability, Regional Tensions
- October 14,2019
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- SUSTG Team
Russia’s President Vladimir Putin is in Saudi Arabia to visit with top Saudi leaders, his first trip to the Kingdom in over a decade. The visit is a sign of Russia’s “growing Middle East clout,” Reuters reports, as tensions brew in regional hotspots where Russia and Saudi Arabia’s interests diverge. Putin will sign oil agreements, which will […]
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Saudi Arabia, France Announce ‘Major Partnership’ for Al-Ula Development
- October 8,2019
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- SUSTG Team
France and Saudi Arabia have announced a “major partnership” to develop the area of Al-Ula, a historic site in the Kingdom that is part of its push to bring in tourists and open the Kingdom up to investment. According to The National, the new partnership will take place in three phases, with the first being completed in […]
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Saudi Arabia introduces measures to ‘facilitate the entry of foreign issuers to the Saudi stock market’
- October 7,2019
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- SUSTG Team
Saudi Arabia has introduced measures to facilitate the entry of foreign issuers to the Saudi stock market, Reuters reports, in the latest reforms to attract overseas share buyers and issuers as part of its Vision 2030 economic and social reform plans. Saudi Arabia’s Capital Markets Authority (CMA) said on Sunday it had “adopted rules that will […]
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First in-depth archaeological survey at Al-Ula hopes to uncover mysteries of the Nabateans
- October 3,2019
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- SUSTG Team
Archaeologists are planning to carry out the first international, in-depth survey of Al-Ula in Saudi Arabia and the surrounding areas “the size of Belgium” in order to better understand the Nabatean people, the BBC reports.
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Travelers Arrive in Saudi Arabia on Newly-Issued Tourist Visas
- October 2,2019
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- SUSTG Team
First visitors have arrived in Saudi Arabia on new tourist visas as Saudi Arabia looks to attract visitors and investment into the Kingdom. Saudi Arabia announced a new tourist visa scheme on Friday that will see the Kingdom open up to international leisure travelers for the first time, a historic milestone in a broader push to diversify and modernize its economy and society. […]
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Range of ‘Positive Developments’ Seen in Latest Saudi Economic Data for August 2019
- October 1,2019
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- SUSTG Team
Economic data for Saudi Arabia for the month of August revealed a number of “positive developments” in several areas, according a recently-released monthly chartbook report by Jadwa Investment. The Riyadh-based bank noted that POS transactions rose by 18 percent year-on-year, while non-oil PMI index edged up, and cement sales and production rose by 12 percent and […]
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Saudis Pay Tribute to Famous Bodyguard to Kings Killed in Dispute with Friend in Jeddah
- September 30,2019
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- SUSTG Team
Saudi citizens took to social media to pay tribute to Maj. Gen. Abdulaziz Al-Fagham, the bodyguard to both the late King Abdullah and King Salman who was killed in argument with a friend in Jeddah, Saudi state media said. Al-Fagham, a tall and fit man who had a familiar face for many Saudis because he was […]
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Historic Change Opens Up Saudi Arabia to Foreign Tourists, Relaxes Dress Restrictions
- September 27,2019
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- SUSTG Team
Saudi Arabia announced a new tourist visa scheme on Friday that will see the Kingdom open up to international leisure travelers for the first time, a historic milestone in a broader push to diversify and modernize its economy and society. Until today, visas were largely restricted to pilgrims, business travelers and expatriate workers, leaving much of Saudi Arabia – including 5 UNESCO World Heritage sites, […]
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King Salman Opens Jeddah Airport’s New Terminal
- September 25,2019
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- SUSTG Team
Saudi Arabia’s King Salman opened and toured a new terminal at King Abdulaziz International Airport in Jeddah on Tuesday as the Kingdom continues to invest in ambitious plans to transform its tourism sector. The new King Abdul Aziz International Airport Terminal 1 (KAIA Terminal 1) in Jeddah is one of the biggest infrastructure projects undertaken […]
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MUST-READS
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MilitarySaudi Patriot PAC-3 capability confirmed
The Royal Saudi Air Defense Forces (RSADF) have deployed a Patriot battery with new Lockheed Martin PAC-3 missiles to Mecca, a photograph posted on social media has confirmed.
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Hajj: 2018Saudi capsule hotels and fire extinguishing balls employed for serving pilgrims during Hajj season
Made of plastic and fiberglass, each capsule hotel room is 220-cm-long, 120-cm-wide, and 120-cm-high and is supported by a metal structure. The walls are made of fireproof environment-friendly ABS, and the doors have magnetic locks that open automatically in case of power failure.
- Saudi Gazette - Saudi Arabia: Safety and security of pilgrims a top priority
- The Quint - Saudi Arabia warns possible floods in Mecca
- Arab News - More than 2.3 million pilgrims arrive in Saudi Arabia to perform Hajj
- Saudi Gazette - US diplomat thanks King, Crown Prince for Haj service
- Youtube - Heavy rain and Sandstorm in Mina, Arafat Makkah Saudi Arabia Last Evening
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Saudi EconomyCommentary: Saudi Arabia’s Capital Flight Problem
According to research by JPMorgan, capital outflows of residents in Saudi Arabia are projected at $65 billion in 2018, or 8.4 percent of GDP. This is less than the $80 billion lost in 2017, but a sign of a continued bleed.
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EgyptEgypt’s summertime escape: White sand beaches and designer cocktails, but no room for the public
The North Coast, which refers to the Mediterranean shoreline from Alexandria to the Libyan border, has seen a proliferation of upper-crust watering holes with the rapid development of ever-newer, posher resorts, even as ordinary citizens struggle to cope with the soaring cost of water, gas and electricity. If economic shocks such as the “Arab Spring” or a 2013 military coup have plunged almost a third of this country’s 95 million people into poverty, you wouldn’t know it in Sahel, where fashionable nightspots are packed with recent graduates of Western universities decked out in Ibiza- and Miami Beach-inspired ensembles.
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AfricaNiger looks to capitalize on oil wealth
British energy company Savannah Petroleum, which has a core focus on Africa, signed a memorandum of understanding with Niger's government to move forward with an early production scheme for discoveries made in the southeast of the country.
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Iraq ElectionsIraq Says Election Recount Complete but Cut Short in Capital Over Fire
Iraq's election commission said on Monday it had completed a manual recount of May's parliamentary election but was forced to cut the process short in the capital because voting records had been destroyed by a warehouse fire two months ago.
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Crowd AnalyzerCrowd Analyzer secures $1.1 million funding from Gulf venture capitalists
The group of investors, led by Wamda Capital, includes Arzan Capital, Faith Capital, and Raed VC. The funds will enable Crowd Analyzer to scale up the business and expand its operations in Saudi Arabia and the wider MENA region.
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SyriaThis book vividly captures life in Syria amid a war with no end in sight
Marwan Hisham and Molly Crabapple discuss their new book and what it was like collaborating when one of them lived in a war zone.
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OPECThe $200 billion annual value of OPEC’s spare capacity to the global economy
Rising international oil prices and increased geopolitical uncertainty have put OPEC’s spare production capacity back into the spotlight. KAPSARC’s recent peer-reviewed collaborative study in the Energy Journal by authors Axel Pierru, James L. Smith, and Tamim Zamrik finds that OPEC’s spare capacity reduces oil price volatility and generates between $170 and $200 billion of annual economic benefits for the global economy.
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Travel and TourismItalian woman documents her love for Saudi landscapes and customs with stunning photos
Italian tourist Kiyara and her husband are avid enthusiasts and lovers of natural landscapes as both fell in love with the Saudi Arabia's desert when they first visited the kingdom two years ago, and went on an off-road trip to the desert.
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