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Recent stories from sustg
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Death Toll Climbs from Beirut Explosion as Saudi, UAE Express Condolences, Solidarity with Lebanese People
- August 5,2020
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- SUSTG Team
The death toll from the massive explosion that rocked Beirut, Lebanon yesterday continues to climb as Saudi Arabia and the UAE pledge solidarity and support to the Lebanese people.
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New Mahd Sports Academy in Riyadh will Focus on Discovering and Developing the Kingdom’s Next Sports Talents
- July 29,2020
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- SUSTG Team
Saudi Arabian sports officials on Monday unveiled in Riyadh a new project to discover and nurture young sports talent in the Kingdom, according to reports.
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Saudi Arabia’s Stock Market to Launch ‘Saudi Futures 30’ on August 30th
- July 15,2020
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- SUSTG Team
Saudi Arbaia’s Stock Exchange (Tadawul) announced that it will launch an exchange-traded derivatives product, the Saudi Futures 30 (SF30), on August 30th in a bid to attract investment interest into the Kingdom, according to reports.
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Before the Pandemic, Saudi Arabia’s Tourism Sector Showed Encouraging Rates of Growth
- July 9,2020
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- SUSTG Team
Before the global pandemic and resulting economic slowdown, Saudi Arabia registered significant growth in one of its key industries of focus in 2019 as the Kingdom looks to diversify its economy away from oil, an encouraging sign of progress that could be resumed when Coronavirus fears wane. Inbound tourism in Saudi Arabia was up a […]
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Saudi Arabia’s Central Bank Governor Sees ‘Light at the End of the Tunnel’ for Saudi Economy
- July 6,2020
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- SUSTG Team
Saudi Arabia’s central bank governor said it’s “too early” to tell if the Kingdom’s economy will bounce back with a V-shaped recovery as the government loosens coronavirus-related restrictions, according to a Bloomberg report.
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Saudi Arabia Announces ‘Limited’ 2020 Hajj to Prevent Coronavirus Spread
- June 23,2020
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- SUSTG Team
Saudi Arabia’s leaders said Monday the Kingdom will still allow for a “limited” Hajj which is open only to a small number of pilgrims who are already based in Saudi Arabia as they seek to stop the spread of the novel Coronavirus, according to reports.
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Saudi Industrial Development Fund Launches Near $1 billion Stimulus Package for Saudi Private Sector for Coronavirus Aid
- June 17,2020
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- SUSTG Team
The Saudi Industrial Development Fund (SIDF) said on Tuesday it launched initiatives totaling 3.7 billion riyals ($986.40 million) to support private sector industrial enterprises impacted by the coronavirus pandemic, Reuters reports.
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Saudi Embassy Issues Statement on Investigation Findings of the December 6th Pensacola Naval Air Station Attack
- May 19,2020
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- SUSTG Team
The Saudi embassy in Washington, D.C. issued a statement following yesterday’s release of findings by the Justice Department and the FBI, in which Attorney General William P. Barr and FBI Director Christopher Wray announced “significant developments” in the FBI’s investigation of the December 6, 2019 shooting at Naval Air Station Pensacola that killed three U.S. sailors and […]
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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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Saudi Arabia’s SABIC Closes Deal to Establish JV to Build One of the World’s Biggest Utility-Scale Battery Factories
- May 7,2020
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- SUSTG Team
Saudi Arabia’s SABIC has established a joint venture company to build one of the world’s biggest utility-scale battery factories as global investment in the sector heats up, according to a report in Arab News.
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MUST-READS
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Turkey-IsraelCommentary: How the Kurds Drove Turkey Back to Israel (and Two Other Reasons for the Deal)
The Turks want to forestall any Israeli declaration of support for Syrian Kurdish independence aspirations, but distrust and resentment remain.
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Regional StabilityTurkey, Israel, Qatar, Saudi Arabia: A new alliance of stability in the Middle East
Instability has become so widespread that it compels regional powers to cooperate more closely to get things back on track. Turkey, Qatar, Saudi Arabia and Israel, in particular, are slowly moving to form an alliance of stability in the Middle East.
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Turkey-IsraelIsrael and Turkey end six-year standoff
Israel and Turkey have announced a reconciliation deal to end a six-year diplomatic standoff that started when Israeli naval commandos shot dead nine Turkish activists travelling on an aid flotilla making for the Gaza coast.
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Turkey-IsraelAre Turkey and Israel on the verge of normalizing relations?
A senior Israeli official, quoted in the Times of Israel, stated that “95% of the agreement is completed,” while Turkish Foreign Minister Mevlüt Çavuşoğlu said the parties are “one or two meetings away” from an agreement.
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TurkeyTurkish jets strike PKK targets in northern Iraq, southeast Turkey
Turkish warplanes struck Kurdish militant targets in northern Iraq and southeastern Turkey overnight on Wednesday, and authorities imposed new curfews in rural areas as the army and police continue to battle insurgents, security sources said.
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TurkeyTurkey’s Shipbuilding Set for a Boost
The Turkish government has said that it intends to buy scores of naval assets in the next years, potentially giving a major boost to the country’s flourishing shipyards and their foreign partners.
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Turkey and QatarTurkey and Qatar’s Burgeoning Strategic Alliance
Amid major setbacks and failed strategies in the volatile Middle East, the Turkish leadership has subsequently come to see Qatar as Ankara’s most trusted Arab ally.
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TurkeyArmenia ‘genocide’ row: Turkey recalls envoy to Germany after vote
Turkey has recalled its envoy to Germany in protest against German MPs declaring the 1915 massacre of Armenians during WWI as "genocide".
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TurkeyTurkey, US Diverge Over Procurement and Security
NATO allies Turkey and the United States are exhibiting increasingly divergent positions over procurement matters and their joint campaign against radical Islamist terrorism in Syria and Iraq, giving signals of conflicting security priorities.
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Refugee Crisis: EUEurope’s murky deal with Turkey
The problem, says Marc Pierini of Carnegie Europe, a Brussels think-tank, is that the issues of visa liberalisation, EU accession and immigration should not have been mixed up in the first place.
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