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After Steady Rise in Oil Prices, Saudi Arabia Plans Production Increase – Report
- February 17,2021
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- SUSTG Team
Saudi Arabia, the world’s largest oil producer, plans to increase oil output in the coming months as a nearly year-long recovery in oil prices is giving the Kingdom confidence that the market has improved enough to reverse a recent big production cut, the Wall Street Journal reports.
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Saudi Arabia to End Contracts with Foreign Companies Without a Regional HQ in the Kingdom After 2023
- February 16,2021
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- SUSTG Team
Saudi Arabia announced on Monday that it will stop signing contracts with foreign companies from 2024 unless their regional headquarters are based in the Kingdom, part of a push to give more of the Kingdom’s economic opportunities to countries that will hire local talent and compete with neighboring cities in other Gulf nations.
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Saudi Arabia Fends Off Houthi Attacks on Civilian Targets, Will Continue to Treat Houthis ‘As a Terrorist Organization’
- February 15,2021
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- SUSTG Team
Yemen’s Houthi group said on Monday it had struck Saudi Arabia’s Abha and Jeddah airports with drones, knocking operations offline at the two international airports for two hours in a continuation of seemingly relentless attacks aimed at civilians. The Houthis confirmed the attacks on their Twitter account, according to Reuters. There was no Saudi confirmation […]
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Dazzling Designs Revealed for a ‘Coral Bloom’ Concept at Saudi Arabia’s Red Sea Project’s Main Hub Island at Shurayrah
- February 12,2021
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- SUSTG Team
Saudi Arabia this week unveiled a new, visionary design and plans for the Red Sea project’s main hub island at Shurayrah, a “Coral Bloom” concept created by world-renowned architecture firm Foster + Partners.
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U.S. Secretary of State Blinken, Saudi FM Discuss Yemen Cooperation by Phone; State Department Condemns Houthi Attacks
- February 11,2021
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- SUSTG Team
U.S. Secretary of State Antony Blinken discussed diplomatic efforts to end the war in Yemen and bolstering Saudi Arabia’s defenses in a call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud on Wednesday, the U.S. State Department said.
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Saudi Research and Marketing Group Hires Two Goldman Bankers as Execs, Looks to Expand
- February 10,2021
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- SUSTG Team
Saudi media powerhouse Saudi Research & Marketing Group (SRMG) hired two bankers from Goldman Sachs Group Inc. in the Gulf in a bid to to bolster its regional and global presence, according to a report in Bloomberg.
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World #1 Dustin Johnson Handily Wins the Saudi Arabia’s Third Saudi International Golf Tournament at Royal Greens
- February 8,2021
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- SUSTG Team
The world’s number one golfer, Dustin Johnson, handily held off some of the sport’s biggest names making last minute pushes to claim the Saudi International golf title at the Royal Greens Golf and Country Club.
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Saudi Arabia on Thursday Welcomed President Biden’s Commitment to help the Kingdom Defend Its people and Territory
- February 5,2021
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- SUSTG Team
U.S. President Joe Biden promised to bring an end to the war in Yemen, pulling back further U.S. support for operations within that country while simultaneously promising to boost the U.S.-Saudi relationship and offer U.S. security for the Kingdom and its people.
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Rare Rain Challenges Golfers on Second Day of Saudi International at KAEC
- February 5,2021
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- SUSTG Team
It only rains an average of 6 days a year at the King Abdullah Economic City near Jeddah, Saudi Arabia, but tour professionals visiting the Kingdom for the Saudi International powered by SoftBank Investment Advisers had to deal with on-and-off showers on day two in their battle to advance up the leaderboard.
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Saudi International Kicks Off with English golfer David Horsey with a Day One Lead
- February 4,2021
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- SUSTG Team
This week’s Saudi International kicked off today at the Royal Greens Golf and Country Club in King Abdullah Economic City, Saudi Arabia, playing host to an impressive field of star Tour pros.
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MUST-READS
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Several countries participate in ‘Spears of Victory 2022’ exercise in eastern Saudi Arabia
The “Spears of Victory 2022” joint exercise continued at the Air War Center in Saudi Arabia’s Eastern Sector, with the participation of a number of countries, the Kingdom defense ministry said on Thursday. The exercise was held in the presence of the commanders of the Royal Saudi Air Defense Forces, Royal Saudi Air Force, US Air Forces Central, and the Royal Bahraini Air Force, with wide participation from all branches of the Saudi armed forces, the Ministry of National Guard, and the Presidency of State Security.
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Smart apps: Saudi Arabia outshines top countries in pandemic management
I recently returned from New York City, arguably one of the most “time is money” places in the US. While roaming the streets of Manhattan, what struck me was that everyone took out flimsy pieces of paper to show proof of vaccination, a rule imposed for indoor dining at restaurants. While everyone scrambled to dig into their bags to take out that piece of paper, I quickly took out my phone and showed them my Tawakkalna app, where the dates of my vaccination were clearly visible on the screen. Every barista I talked to told me how impressed they were with the “Saudi app,” which they said was among one of the best they’d seen.
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Smart apps: Saudi Arabia outshines top countries in pandemic management
I recently returned from New York City, arguably one of the most “time is money” places in the US. While roaming the streets of Manhattan, what struck me was that everyone took out flimsy pieces of paper to show proof of vaccination, a rule imposed for indoor dining at restaurants. While everyone scrambled to dig into their bags to take out that piece of paper, I quickly took out my phone and showed them my Tawakkalna app, where the dates of my vaccination were clearly visible on the screen. Every barista I talked to told me how impressed they were with the “Saudi app,” which they said was among one of the best they’d seen.
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Saudi Arabia’s AlUla opens 2nd site-responsive desert art exhibition
Under the theme of Sarab (mirage in English), the event runs from February 11 to March 30 and aims to explore ideas of mirage and oasis, where participating artists are invited to address dreams, camouflage, fiction, appearance or disappearance, extraction, illusion and myth, and examine the dichotomy between the natural and manmade worlds, reports Xinhua news agency.
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Saudi logistics startup RedBox raises $3 million
Founded in 2019 by Thamer Altuwaiyan and Zun Phan, Redbox operates a network of 170 smart lockers in Saudi Arabia and currently serves more than 9,000 e-commerce businesses.
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Neom and MBC partner to establish AAA games development studio in Saudi Arabia
AAA is a classification within the gaming industry that label games produced and distributed by midsized or big publishers that usually have higher budgets. “We know there is a growing convergence between gaming and the media sector more broadly, so by building one, we are helping the other grow,” Neom’s chief executive Nadhmi Al Nasr said.
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Saudi GDP grows by 6.8% in fourth quarter – flash estimates
Saudi Arabia's gross domestic product grew by 6.8% in the fourth quarter, bringing overall growth last year to 3.3%, official flash estimates showed on Thursday. The quarter's growth was driven by a 10.8% rise in oil activities and a 5% increase in non-oil activities, the General Authority for Statistics said. Government services increased by 2.4%.
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Saudi Aramco restarts discussions on 300,000 b/d China refining venture
Saudi Aramco has restarted discussions regarding a joint project to build a 300,000 b/d refining and petrochemical complex in Northeast China, sources with direct knowledge of the matter told S&P Global Platts Feb. 9, as the oil giant looks to take advantage of surging crude oil prices.
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Saudi Arabia Adopts Smart City Strategy
The Ministry of Municipal, Rural Affairs, and Housing stated that over 50 initiatives will be launched in nine sectors by 2030. The initiatives include smart parking and systems to preserve the environment and waste disposal, housing and smart community management, land and asset management, urban landscape improvement, and urban planning. The ministry stressed that through the strategy, it aims to achieve three main goals: improving the quality of life of citizens, achieving financial sustainability, and improving the quality of services.
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More than 6,000 athletes to participate in 2022 Saudi Games
The chosen sports are archery, athletics, badminton, 5x5 and 3x3 basketball, beach volleyball, billiards, bowling, boxing, camel racing, chess, road cycling, equestrian (in the form of endurance jumping), electronic games, fencing, football, golf, gymnastics, handball, rowing, judo, jiu-jitsu, karate, kickboxing, muaythai, shooting, sports climbing, skateboarding, squash, swimming, table tennis, taekwondo, tennis, triathlon, volleyball, water polo, weightlifting, wrestling, paddling, karting, sambo, aikido, wushu and balut, a traditional card game.
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