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Road to the G20: This Week’s Events Include Civil Society (C20), Tourism Meetings
- October 5,2020
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- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. This week, Saudi Arabia will host virtual meetings on Civil Society (C20), as well as meetings on tourism and a workshop on sustainable mobility.
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Road to the G20: This Week’s Events include Energy, Urban-Focused Meetings
- September 28,2020
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- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items.
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Road to the G20: This Week’s Events include Trade, Science-Focused Meetings
- September 21,2020
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- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items.
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Netflix, Saudi Animation Studio Myrkott Sign 5-Year Deal for New Saudi-Focused Shows and Films
- September 16,2020
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- SUSTG Team
Global content powerhouse Netflix has signed a 5-year deal with a Saudi animation studio to produce Saudi-focused content for the platform, according to reports.
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Despite Downturn, Kingdom Presses Ahead with Ambitious Goals for Saudi Capital Riyadh
- July 7,2020
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- SUSTG Team
Saudi Arabia is seeking to “double the size and population” of its capital Riyadh in the next decade, Reuters reports, citing comments from Fahd Al-Rasheed, president of Riyadh’s royal commission. Al-Rasheed said the government has “already committed some $266.6 billion for ongoing and new projects as part of total investments of some $800 billion over the […]
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New York-based Wahed Invest, an Online Halal Investment Platform, Secures Funding from Saudi Aramco
- June 8,2020
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- SUSTG Team
New York-based online Islamic investment platform Wahed Invest has secured backing from Saudi Aramco, the world’s biggest company, to expand into the Middle East and make Riyadh its hub for the region, according to Bloomberg.
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Report: Saudi Binladin Seeks Advisor for Financial Overhaul of Mecca Complex
- May 14,2020
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- SUSTG Team
The construction giant behind the Mecca skyscraper complex is seeking an advisor to cut costs as well as restructure the debt of the iconic project, sources familiar with the matter said and a document obtained by Reuters exclusively showed.
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New Saudi Ministers of Investment, Sports and Tourism Sworn In by King Salman
- February 26,2020
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- SUSTG Team
The new Saudi ministers of sports, tourism and investment were sworn in on Wednesday before Custodian of the Two Holy Mosques King Salman bin Abdulaziz.
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Saudi Cabinet Shakeup Places Khalid Al-Falih in Charge of New Investment Ministry
- February 25,2020
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- SUSTG Team
Saudi Arabia has shaken up its government investment bodies with a major change to SAGIA, the Saudi Arabian General Investment Authority, making the body a full ministry and replacing former Governor Ibrahim Al-Omar with former Saudi Aramco head Khalid Al-Falih, the King revealed in a series of royal decrees. In three separate royal orders, Eng. Ibrahim bin […]
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Saudi Arabia and Kuwait Agree to Resume Oil Production from Neutral Zone Fields
- February 14,2020
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- SUSTG Team
Saudi Arabia and Kuwait will resume joint production at two oilfields from a shared neutral zone between the countries, according to Bloomberg, ending a five-year dispute that sidelined production from the area.
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MUST-READS
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Ramadan Series Tackle Women’s Issues and Religion
Ramadan has always been an opportunity to introduce new ideas to nudge viewers’ reactions. During Ramadan in 2020, a series shedding light on Jewish communities in the Gulf Arab states was followed by the signing of the Abraham Accords. In Saudi Arabia, “Al-Asouf” continues to rewrite the narrative of the Sahwa era, including its repercussions on women, society, and national security.
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Ramadan Series Tackle Women’s Issues and Religion
However, this year’s shows have dealt with women’s issues differently, presenting women as well-developed characters who are actively trying to change laws, lift bans, and reclaim their lives. The current Ramadan series blame gender inequality and mistreatment of women on social norms and rigid interpretations of religion.
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Saudi-backed golf series: Can the LIV Golf Invitational Series still become a dominant force in golf?
"The most overlooked thing with the Saudi Tour at the minute is that everybody is focusing on the players of today and nobody is thinking of the players of tomorrow," Southgate told the Sky Sports Golf podcast. "Five years ago, we didn't know Bob MacIntyre, we didn't know Scottie Scheffler, we don't know Viktor Hovland or either of the Hojgaard brothers. When you start going through the list of players who weren't on Tour five years ago, it's quite significant.
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Airing of Ramadan series on Saudi-owned channel signals return of Syrian TV drama
The Arabic-language show, “Suspended Sentence” shot outside Damascus is “the first social drama made entirely by Syrians to air on a Saudi-owned TV channel since 2011”, when the country’s war erupted, said director Seif Elsbei.
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MBC Studios Ramps Production With Saudi Series ‘Rise of The Witches’
Shooting on “Witches” started in January in NEOM, a sprawling area in the northwest along Saudi’s Red Sea coast with ambitions to become a major industry hub where $100 million seventh century actioner “Desert Warrior,” featuring an all-star international cast led by “Captain America” star Anthony Mackie, was recently shot. The plan is for “Witches,” which features an all-Saudi cast of more than 100 actors, to remain in production in NEOM through December.
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Saudi-backed Asian Tour series tees off in Thailand
Earlier this month Norman announced that his LIV Golf Investments organisation, which is backed by the Saudi sovereign wealth fund, was boosting its financial commitment to the Asian Tour to $300 million over the next 10 years. That's an increase of $100 million from the previously announced figure of $200 million, and will see the International Series bolster the Asian Tour calendar to "at least 25 events" in 2022-23.
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Saudi Tourism Organises Virtual Roadshow Series ‘Journeys Through Saudi’
The roadshows will be taking place in 12 key source markets across the globe and will provide insight into the opportunities the destination has to offer, create demand for Saudi and its products and ultimately, drive visitation among all segments.
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TruKKer Secures $96M in Series B Funding Round
TruKKer, a Saudi Arabia-headquartered digital freight network, raised $96 million in a mix of debt and equity Series B financing, according to a Monday (Feb. 14) press release. The company plans to use the capital to expand in existing markets in the Middle East and Central Asia and launch new products and features, said Chief Financial Officer Amit Agarwal, per the release.
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Saudi AI startup Mozn raises $10 million Series A funding
The Middle East’s leading Enterprise AI company, Mozn, has successfully raised $10 million in Series A funding. The funding round is led by Raed Ventures with participation from Shorooq Partners, VentureSouq, Sukna Ventures and other investors.
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Golf Saudi launches behind-the-scenes series with top two golfers
A behind-the-scenes documentary series following two of Saudi Arabia’s fledgling golf stars is to be broadcast online from Monday, aiming to bring the Kingdom’s growing number of golf fans closer to two of the shining lights of Saudi golf. The Golf Saudi-backed ‘See It All’ series will chart the journeys of amateur golfers Faisal Salhab and Saud Al Sharif in the build-up to them going head-to-head with the global stars of golf at next month’s Saudi International.
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