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Recent stories from sustg
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Rents for Office Space in Riyadh Climb as Kingdom Pushes Local Headquarters Drive
- November 10,2021
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- SUSTG Team
Rents for premium office spaces in Riyadh rose over the last year, evidence that Saudi Arabia’s push to get international companies to make their regional headquarters in the Kingdom is starting to show results.
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Archaeologists in Saudi Arabia Excavate for Remnants of Ancient Kingdoms – Report
- November 2,2021
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- SUSTG Team
A team of French and Saudi archaeologists has begun work on excavating near Al-Ula in Saudi Arabia in hopes of discovering the remnants of the ancient and long-forgotten kingdoms of Dadan and Lihyan, according to a Reuters report.
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Saudi FM Prince Faisal bin Farhan, Ambassador Reema bint Bandar Meet with Secretary of State Blinken in Washington
- October 15,2021
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- SUSTG Team
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and Saudi Ambassador to the United States Princess Reema Bint Bandar Al-Saud met with U.S. Secretary of State Antony Blinken in Washington on Thursday, and “exchanged views on Iran’s nuclear program and international talks on the matter,” according to a statement from Saudi Arabia’s foreign ministry […]
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Premiere League Set to Give Saudi Green Light for Newcastle Takeover
- October 7,2021
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- SUSTG Team
Saudi Arabia’s PIF has cleared a significant hurdle in its quest to acquire a reported 80 percent stake in Newcastle United, according to reports.
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Saudi Arabia’s Tadawul Likely to End 2021 With 30 New Listings This Year – CMA Head
- September 27,2021
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- SUSTG Team
Saudi Arabia’s stock exchange will likely end the year with more than 30 new listings as the Kingdom’s IPO bonanza in 2021 continues, according to comments from the Kingdom’s head of its Capital Markets Authority Mohammed El-Kuwaiz. El-Kuwaiz made the comments on Monday at a conference in Riyadh, according to Reuters.
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Crown Prince Launches Major Education Reform with ‘Human Capability Development Program’
- September 16,2021
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- SUSTG Team
Saudi Arabia is set to undertake a top-to-bottom overhaul of the Kingdom’s education system to better prepare citizens to find jobs and tackle intolerance, according to an announcement on the Vision 2030 website and other reports.
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Non-Oil Sector in Saudi Arabia Loses Some Steam in Latest Figures as Kingdom’s Economy Continues to Grow
- September 13,2021
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- SUSTG Team
Saudi Arabia’s economy posted a 1.8% annual growth figure for the second quarter but the non-oil sector lost steam, according to official gross domestic product (GDP) estimates shared in a Reuters report on Monday.
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Bloomberg Report: Saudi Arabia Continues to Combat Pandemic with ‘World’s Toughest Rules’
- September 1,2021
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- SUSTG Team
Since the start of the global pandemic last year, Saudi Arabia’s authorities and leadership have implemented progressive policies to help the Kingdom mitigate the spread of the Coronavirus within its borders. From imposing strict fines for individuals and businesses who flaunt rules on mask mandates and distancing requirements to shutting down international travel, and even all but cancelling […]
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Saudi Economy: Jadwa Investment Revises 2021 GDP Forecast Upward as Activity Rises
- August 26,2021
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- SUSTG Team
With both oil and non-oil economic activity in Saudi Arabia growing as the Kingdom’s economy bounces back from the pandemic, Riyadh-based Jadwa Investment said in a research note that it will upgrade Saudi Arabia’s 2021 forecasted GDP.
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Saudi Arabia’s Public Investment Fund Raises Stake in California-Based Activision Blizzard Inc.
- August 18,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) significantly increased its stake in California-based entertainment and games company Activision Blizzard Inc. last quarter, buying 37.9 million shares with a market value of $3.6 billion, according to Bloomberg.
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MUST-READS
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Terror WarningState Department terror warning casts shadow over Thanksgiving travel
AAA, formerly known as the American Automobile Association, predicts that 46.9 million Americans will travel more than 50 miles from home this holiday, the largest number since 2007.
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Downed Russian Fighter JetNATO faces new Mideast crisis after downing of Russian jet by Turkey
The incident marked a serious escalation in the Syrian conflict that is likely to further strain relations between Russia and the NATO alliance.
- Aljazeera - Downing of Russian jet over Turkey inevitable - and may happen again
- Time - Who Are the Syrian Turkmen Rebels?
- NPR - Why Would Turkey Shoot Down A Russian Plane?
- BBC News - Missing Russian jet pilot 'alive and well' in Syria
- Reuters - Russia says downing of its jet won't deflect it from Syria mission
- Aviationist - Here's the alleged Audio of the Turkish Air Force warning the Russian Su-24 before downing it
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EU SecurityParis Attacks Investigation Continues as Belgium Remains on Lockdown
European officials were working feverishly on numerous fronts Tuesday to stave off potential terror attacks while chasing leads from the latest one.
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Downed Russian Su-24Turkey says it shot down a Russian fighter jet along the Syrian border
Turkey, a NATO member, had already warned Russia about violating its airspace on previous occasions. “The Turkish armed forces are clearly instructed,” Turkish prime minister Ahmet Davutoglu said last month. “Even it is a flying bird it will be intercepted.”
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Metrojet Flight 9268Bomb that downed Russian plane in Egypt placed in main cabin: report
A bomb that downed a Russian plane in Egypt last month had been placed in the aircraft's main cabin not in the cargo compartment as reported earlier, the daily Kommersant said on Wednesday citing an unnamed source.
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World Cup QualifyingUAE and Saudi Arabia move closer to crunch 2018 World Cup qualifying showdown
The UAE will likely need to beat Saudi Arabia to have any chance of progressing top of their 2018 World Cup qualifying group after the Saudis thrashed East Timor 10-0 on Tuesday.
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Metrojet Flight 9268Putin vows payback after Kremlin confirms bomb downed Russian plane over Egypt
President Vladimir Putin vowed to hunt down those responsible for blowing up a Russian airliner over Egypt and intensify air strikes against Islamists in Syria, after the Kremlin concluded a bomb had destroyed the plane last month, killing 224 people.
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GuantanamoThe great Guantanamo showdown
Over the last few weeks, Congress and the White House have been circling one another, angling for that final bit of leverage that will define whether President Obama does or does not get to fulfill his first-week-in-office pledge to shutter the Guantanamo Bay detention facility.
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BP in the GulfBP upbeat on Middle East activity, cost outlook despite industry downturn
ownshend estimated the company has been able to achieve savings averaging about 20% on a cost per barrel basis for projects in the region through a combination of renegotiating and rebidding contracts.
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Saudi Oil PolicyOil price faces fresh downturn as Russia, Saudi tussle in Europe
A sales push by Saudi Arabia into north Europe's refineries, a step into rival Russia's backyard, piles fresh pressure on oil prices already struggling against oversupply.
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