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Recent stories from sustg
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Saudi Arabia to Boost Spending Next Year as Foreign Reserves Reach New Lows
- October 30,2017
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- SUSTG Team
Saudi Arabia will boost state spending next year despite dwindling foreign reserves as the Kingdom looks to turbo charge economic growth, according to reports. Saudi Arabia’s Finance Minister Mohammed al-Jadaan told the Financial Times that Saudi Arabia “would set out an expansionary budget in 2018” to respond to the needs of the struggling private sector, which is […]
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Secretary of State Rex Tillerson to Travel to Saudi Arabia October 20th for Saudi-Iraq Meet
- October 20,2017
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- SUSTG Team
U.S. Secretary of State Rex Tillerson will travel to Riyadh, Saudi Arabia to take part in the inaugural Coordination Council meeting between the governments of Saudi Arabia and Iraq. The Secretary will also meet with various Saudi leaders to discuss the conflict in Yemen, the ongoing Gulf dispute, Iran, and a number of other important regional and […]
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With transfer season underway Saudi Professional League evolves strategy
- July 22,2024
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- SUSTG Team
The SPL has shifted from last year’s extensive talent acquisition—where 97 players were signed—to a more strategic approach this season. The Saudi transfer window opened on July 18 and will close on September 2, aligning with European leagues. This change indicates a focus on filling specific gaps and enhancing overall team quality rather than a […]
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Al-Hilal’s Streak and Saudi Professional League Spending
- March 13,2024
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- SUSTG Team
Saudi Pro League league standings leader, Al-Hilal, just notched it’s 28th straight win to break the world record for most consecutive wins by a top-flight team.
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Human Capability Initiative Conference in Riyadh Concludes with Goal of Increasing Employment Rate in New Industries
- February 29,2024
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- SUSTG Team
The Human Capability Initiative (HCI) Conference launched this week in Riyadh at the King Abdulaziz International Convention Center under the patronage of Crown Prince Mohammed bin Salman with the goal of boosting human capital in the Kingdom.
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New Royal Decrees in Saudi Arabia Change Up Regional Leadership Posts
- December 13,2023
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- SUSTG Team
A number of Saudi royals and officials were given new jobs on Tuesday as authorities issued a raft of royal decrees, according to reports by the SPA and Arab News.
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Saudi Transfer Spending on Par With European Top Leagues, Statista Report Says
- August 8,2023
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- SUSTG Team
A new chart from the website Statista places into context Saudi Arabia’s spending this transfer season vis-a-vis other top leagues, showing that the money spent on transfers by Saudi clubs this summer matches or exceeds the investments made by clubs from European top leagues, with the notable exception of the Premier League.
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Temperatures Soar Across Saudi Arabia; Certain Places Hit 50 Degrees Celsius
- July 31,2023
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- SUSTG Team
Temperatures are expected to soar up to 50 degrees celsius (122 degrees farenheit) in several areas Saudi Arabia, starting from Sunday until the end of the week, according to the National Center for Meteorology (NCM).
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PSG Confirms Saudi club Al Hilal Makes World Record $332m Bid for French Mega-Star Mbappé
- July 24,2023
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- SUSTG Team
Saudi team Al Hilal made a record €300 million ($332m) bid for Kylian Mbappé on Monday, which could see the France striker join Cristiano Ronaldo for the next year of the Saudi Pro League, according to reports.
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NEOM’s Sindalah Island Eyes Status as Global Yachting Hub
- June 28,2023
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- SUSTG Team
NEOM has signed a deal with superyacht concierge and maritime agency BWA Yachting as it eyes an opening date for visitors within the year.
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MUST-READS
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Financial ReservesFormer Saudi official presses for change in managing oil wealth
A former senior official at Saudi Arabia's central bank says he believes the kingdom may soon change the way it manages its oil wealth as part of efforts to protect its financial reserves in an era of cheap crude.
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PalestinePower shifts fuel talk of change in Palestinian politics
Rumblings in Ramallah in recent weeks have raised expectations that Palestinian politics is in play, with 80-year-old President Mahmoud Abbas, in power for more than a decade, facing a mounting challenge to his leadership.
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Saudi-HamasSaudi Arabia says relations with Hamas have not changed after meeting
Saudi Foreign Minister Adel Al-Jubeir said on Thursday a visit to the kingdom last week by a Hamas delegation was religious rather than political and Saudi relations with the Iran-allied Palestinian group had not changed.
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China: Middle East PolicyFrom Nonintervention to What?: Analyzing the Change in China’s Middle East Policy
Though China still adheres to the principle of nonintervention, its unprecedented proactivity and break from its position to “pursue friendly, cooperative relations with all Middle Eastern countries” has already distinguished its behavior in this crisis from its traditional stance.
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Saudi LeadershipPower Transitions In Saudi Arabia Spell Changes In The Middle East
Yemen has been a problematic neighbor for Saudi Arabia for decades. King Ibn Saud, the founder of the modern Saudi state, fought a short war with Yemen in 1934 seizing several disputed border regions and incorporating them into Saudi Arabia.
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Saudi Stock Exchange: Oil PricesAnalysis | Jadwa – Oil Prices and the Saudi Stock Exchange (Tadawul)
With Saudi Arabia being a predominantly oil-based economy, major changes in the price of oil are likely to be followed by sentimental as well as real changes in the stock market. While sentimental changes often impact the stock market immediately, real changes will take effect over the longer term. If oil prices remain low, this ultimately affects economic policy framework, private sector activity and corporate profitability.
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U.S. Hostage PolicyWhy the Obama Administration Changed Its Hostage Policy
David Bradley, the owner of Atlantic Media, which publishes The Atlantic, is at the center of Wright’s account. Bradley had previously helped secure Foley’s release from detention by the Qaddafi regime in Libya, and volunteered to coordinate the families’ efforts to free the five captives.
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Saudi LeadershipKing Salman makes another round of ministry changes
Saudi King Salman has appointed Ahmed Saleh Abdullah Al Humaidan as deputy minister of labour, the state news agency reported.
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Ramadan 2015A month for reflection, change
Ramadan is a month-long training program for Muslims to change their lives, establishing closer relationship with God. During this holy month, they engage in prayers seeking the forgiveness of Allah, recite and reflect on the Qur’an, perform the Taraweeh night prayers, and attend special Islamic classes.
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OmanIn the Shadow of Qaboos: Contemplating Leadership Change in Oman
On paper, the succession appears rather straightforward. But it has never been implemented previously, having been devised in 1996 and updated by Qaboos subsequently. The plan is based not only on the traditions of the ruling Al Busaidi family – in power now for nearly two-and-threequarter centuries – but also on Qaboos’ perceptions of what is needed to ensure smooth, efficient, and uncontentious successions and transitions.
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