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Saudi Arabia Steps Up Pressure on Residents to Vaccinate with New Restrictions on Public Spaces
- July 21,2021
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- SUSTG Team
Saudi Arabia is stepping up pressure on its citizens and residents to receive both doses of a COVID-19 vaccine with a new announcement confirming that most public spaces, malls, and other areas will be open to only those who are vaccinated, according to Arab News.
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Crown Prince Mohammed bin Salman, UAE’s Sheikh Mohamed bin Zayed Meet in Kingdom
- July 20,2021
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- SUSTG Team
The Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed visited Riyadh on Monday on an official visit to the Kingdom to meet with Crown Prince Mohammed bin Salman and discuss bi-lateral relations amid recent differences on energy and foreign policy.
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Saudi Startups Raise Over $250m So Far in 2021, Report Says
- July 19,2021
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- SUSTG Team
Dubai-based research platform Magnitt says Saudi Arabian startups raised more than a quarter of a billion dollars in venture capital (VC) funding during the first half of 2021, as the Kingdom looks to continue to develop entrepreneurship within its borders. Magnitt says that VC funding in MENA increased by 12% from FY’20, “marking a quarterly […]
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Oil Demand Soars in 2021, Expected to Grow Further as Market Reacts to Reported Saudi-UAE Agreement
- July 16,2021
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- SUSTG Team
Global demand for oil is soaring in 2021 as the world rebounds from the pandemic year, according to OPEC data and shared by Riyadh-based Jadwa Investment in an oil market update.
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Saudi Arabia Vaccination Drive Accelerates as Toll Passes 8,000 in Kingdom, Deadline Looms
- July 15,2021
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- SUSTG Team
Saudi Arabia’s daily Coronavirus vaccination rates passed 400,000 as the government continued to emphasize the importance of the jab ahead of a key deadline in which citizens and residents will need to prove they have received the vaccine to take part in many normal daily activities.
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Saudi Arabia Sending Largest-Yet Delegation of Athletes to the Olympics in Tokyo
- July 14,2021
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- SUSTG Team
Saudi Arabia’s delegation of athletes to the Olympic Games in Tokyo this month is its largest ever, as the Kingdom continues to build its homegrown sports talent and develop young athletes. The Kingdom has participated in 11 Olympics, with its first athlete competing in 1976 in Montreal.
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IEA: Lack of Agreement in OPEC+ Means Volatility, Tightening Market
- July 13,2021
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- SUSTG Team
The oil market will see tighter supply for now as a dispute inside OPEC+ between Saudi Arabia and the UAE goes unresolved, according to a new report from the International Energy Agency (IEA). World oil markets are on edge with OPEC+ negotiations to boost supply now in deadlock, and after initially surging to multi-year highs in early […]
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Uncertainty Inside OPEC+ Causes Oil Price Flux
- July 9,2021
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- SUSTG Team
Oil prices continued to see increased volatility as traders attempt to understand how the Saudi-UAE chasm on production might affect supply in the coming months, according to reports.
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Report: Algosaibi Family Conglomerate AHAB Near Debt Settlement after Nearly 12 Years
- July 8,2021
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- SUSTG Team
One of Saudi Arabia’s largest and longest debt sagas, ongoing for nearly 12 years, is set to finally reach a resolution. Saudi Arabia’s Algosaibi family’s conglomerate AHAB and its creditors have submitted a debt restructuring proposal to the Dammam commercial court this week after approval from a creditor committee, Reuters reports.
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Prince Khaled bin Salman Visits Washington for High-Level Talks with Biden Administration; U.S. Talks with Saudi on Oil
- July 7,2021
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- SUSTG Team
Saudi Arabia’s deputy defense minister and former ambassador to the United States Prince Khaled bin Salman on Tuesday became the highest-ranking Saudi envoy to visit Washington since Joe Biden became president in January, Reuters reports. The prince represented the Kingdom in talks with senior Biden officials on the Yemen war and threats from Iran.
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MUST-READS
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State DepartmentTrump’s State Department Anxiously Awaits its Future
With the State Department demonstratively shut out of meetings with foreign leaders, key State posts left unfilled, and the White House not soliciting many department staffers for their policy advice, there is little left to do.
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Social Media AppHow This UAE Startup Is Helping Big Brands To Dominate Social Media In The Middle East
Three years ago, Brndstr started with a custom built software that allowed a brand’s Twitter account to automatically respond to hashtags with offers and vouchers.
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Saudi Women and the ArtsBeyond the veil: Saudi women making their presence felt in the arts
Intended to help remedy a lack of formal support for curatorial work, it struck a chord across the Saudi arts community.
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Women's GymsSaudi to soon start granting licences for women’s gyms
Saudi authorities plan to start granting licences for women’s gyms from the end of February, a senior official has said.
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Healthcare Joint VenturesPfizer partners with Tabuk Pharmaceuticals to provide medicines to Saudi market
The venture leverages the local manufacturing capabilities of Tabuk and global promotional capabilities of Pfizer Saudi Limited.
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Yemen RaidBipartisan Senate group demands briefing on Yemen Raid
A bipartisan group of senators is demanding a briefing on the controversial raid in Yemen that left one Navy SEAL dead.
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Trump Travel BanTrump fires Justice Department head over executive order defiance
President Donald Trump on Monday fired Sally Yates, the acting attorney general and a Democratic appointee, after she refused to defend in court his controversial refugee and immigration ban.
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Jeddah Food CartsSaudi women get license to operate food cart
He added that the Social Development Bank has chosen Jeddah as a starting point to support the street cart project in the Kingdom. The fund provides financing of SR250,000 regardless of the gender of the owner.
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U.S.-IsraelCommentary: What did John Kerry’s parting shot on Middle East mean?
But the central portion of the speech was a harsh attack on the settlement enterprise and why they undermine the prospects for a two-state solution.
- CSM - Why UN resolution against Israeli settlements could backfire
- Brookings - What’s new and what’s not in the U.N. resolution on Israeli settlements
- Guardian - John Kerry's Middle East plan mirrors Bill Clinton's futile end-of-term attempt
- New Yorker - The Obama Administration's Final Warning on the Middle East Peace Process
- Reuters - In parting shot at Israel, Kerry warns Middle East peace in jeopardy
- U.S. Department of State - Remarks on Middle East Peace
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U.S. EnergyAnalysis: U.S. Energy Department unfairly criticised over spending, forecasts
The U.S. Department of Energy has become a lightning rod for criticism in parts of the Republican Party and the fossil fuels industry unhappy about the Obama administration's energy and climate policies.
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