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Recent stories from sustg
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Understanding the Saudi-Iran agreement with a trio of special guests: Saudi Embassy Spokesperson Fahad Nazer, CSIS’ Dr. Jon Alterman, and Saudi Foreign Policy Expert Dr. Aziz Alghashian
- March 24,2023
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- SUSTG Team
Saudi Arabia and Iran recently agreed to normalize ties between the two regional powers after seven years. The 966 speaks with three top voices to understand the deal and the potential road ahead for Saudi Arabia, Iran, China, the United States, and other regional and global players.
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Iran’s Government Proposes Three Locations for Meeting of Foreign Ministers; Riyadh Reportedly Invites President to Visit
- March 20,2023
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- SUSTG Team
The Iranian government has proposed to Saudi Arabia three locations for a meeting of foreign ministers, according to Iran’s foreign minister, as the two countries move forward with re-establishing ties.
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Saudi Arabia Records 31 Percent Rise in Government Revenues in 2022 – MOF
- March 9,2023
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- SUSTG Team
Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Makes Surprise Visit to Ukraine, Signs Deals
- February 27,2023
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- SUSTG Team
Saudi Arabia’s foreign minister Prince Faisal bin Farhan Al-Saud made a surprise visit to Ukraine’s capital, Kiev, and met with Ukraine’s President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dmytro Kuleba, and others.
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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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FDI Inflows into Saudi Arabia Soar in 3Q 2022; MISA Says Investment Licenses Granted Up Over 50%
- February 7,2023
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- SUSTG Team
Saudi Arabia saw more positive economic news this week, as Foreign direct investment (FDI) inflows into the Kingdom rose 10.7% in the third quarter of 2022 over the same period a year earlier. Figures from the investment ministry showed FDI inflows totaled 7.2 billion riyals ($1.9 billion) in the third quarter of 2022, up from 6.5 billion riyals […]
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Saudi Arabia’s PIF Remains 6th Largest SWF Globally, Latest Data Show
- January 30,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) now has assets worth $607.42 billion and is the 6th largest sovereign wealth fund in the world, according to latest data from the Sovereign Wealth Fund Institute.
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Real estate in Saudi Arabia, Riyadh’s $22.5 BILLION metro, and the Ronaldo-Messi-Mbappe game
- January 20,2023
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- SUSTG Team
In episode 72 of The 966, the Riyadh Metro project, the game-changing public transportation project in Saudi Arabia’s capital, “will be opened soon.” A discussion on the hot real estate market in Riyadh and across Saudi Arabia. Then, to kick off the program’s “Yallah!” segment, the hosts spend some time talking about the Dakar Rally, […]
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Saudi Arabia’s Ma’aden Forms JV with the Public Investment Fund (PIF) to Invest in Mining Assets Abroad
- January 11,2023
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- SUSTG Team
Saudi Arabia will establish a firm to invest in mining assets internationally, according to reports.
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Soccer Superstar Captain Cristiano Ronaldo Joins Saudi Club Al-Nassr
- January 2,2023
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- SUSTG Team
Portugal captain Cristiano Ronaldo has joined Saudi Arabian club Al Nassr on a 2-1/2 year contract, the club announced on Friday, after leaving Manchester United disgruntled with ownership and manager Erik ten Hag to become a free agent ahead of the World Cup.
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MUST-READS
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China in the RegionThe Curious Case of China’s ‘Kuwaiti Concession’
The Kuwaiti emir’s visit to China generated intense debate, centered around a rumor about a deal to develop Kuwait’s northern islands, highlighting anxieties about the country’s future.
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Iran SanctionsChina: Iran’s Lifeline to Overcome Oil Sanctions
Before introducing the mechanisms that provide cover for Chinese financial transactions to take place, it is worthwhile to examine the relationship between China and Iran, which is really the relationship that China has with foreign oil.
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Saudi-PakistanSaudi may fund $9bn Pakistan oil project near China’s Gwadar Port
Saudi Arabia is said to be backing the development of a $9bn oil refinery near the China-owned port of Gwadar, which new Prime Minister Imran Khan wants to turn into “an oil city”.
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China in the RegionThe Middle East is key to China’s global ambitions
From helping Egypt with a new Suez Canal to building a 10-billion-dollar industrial city on the Omani coast, the pace of investment has been unrelenting.
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Afghanistan`Father of the Taliban’ Calls on China to Aid Afghan Peace Talks
Haq, who is believed to be in close contact with the Afghan Taliban and schooled its present chief, Haibatullah Akhundzada, said China would be welcomed as an arbitrator in negotiations and shouldn’t “leave matters of such a great importance solely to the U.S.”
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China in the RegionBeyond Energy: The Future of China-GCC Economic Ties
Besides looking for non-oil growth drivers domestically, GCC countries also seek new trading partners and diversified investment portfolios so as to build buffers against geopolitical and financial shocks.
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MilitarySaudi Arabia’s royal aerobatic team to make debut in China
The Saudi Hawks, the Royal Saudi Air Force aerobatic team, will make their debut in China in November at the country's major airshow, according to a deal signed Friday.
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InvestcorpInvestcorp launches its first investment in China
The firm said its investment in China’s technology sector is in recognition of the country having the world’s highest number of internet users and being home to some of the fastest growing ‘unicorn’ technology companies valued at over $1 billion.
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SABICSaudi’s SABIC signs MOU to build petrochemical complex in China
Saudi Basic Industries Corp (SABIC) on Tuesday signed a memorandum of understanding (MOU) with China’s Fujian provincial government to build a petrochemical complex.
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Exxon MobilExxon Moves Ahead on China Projects as Trade Tensions Simmer
Exxon Mobil Corp., the U.S. energy behemoth, signed deals to move ahead on a proposed multibillion-dollar petrochemical project and a gas import terminal in southern China, contrasting with trade tensions between the two nations that may escalate this week.
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