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Virginia-Based SAIC Wins $49.5 Million U.S. Navy Contract for Royal Saudi Naval Forces
- October 9,2020
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- SUSTG Team
The U.S. Navy awarded Reston-based Science Applications International Corp. (SAIC) a $49.5 million single-award task order to continue to provide the Royal Saudi Naval Forces support services for command, control, communications, computers, and intelligence, surveillance and reconnaissance (C4ISR) upgrade and refurbishment, a press release issued by the company confirms.
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Road to the G20: Saudi Arabia Hosts Space Economy Leader Meeting
- October 8,2020
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- SUSTG Team
Saudi Arabia’s Space Commission organized 2020′s first meeting of space agency leaders that belong to G20 countries, as part of its chairmanship of the G20 this year.
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Saudi Arabia Bids to Host 2030 Asian Games in Riyadh
- October 7,2020
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- SUSTG Team
Saudi Arabia’s sports minister Prince Abdulaziz bin Turki Al-Faisal on Sunday launched the Kingdom’s official campaign to help secure enough votes from members of the Olympic Council of Asia (OCA) to host the 21st Asian Games in 2030, according to reports.
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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: Delegates at U20 Mayors Summit in Riyadh Discuss Transformation of Urban Energy Systems Using Renewables
- October 2,2020
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- SUSTG Team
The 3-day virtual Urban 20 (U20) meeting concluded today as mayors around the world collaborate on ideas and policies that will shape the world’s cities in the years to come.
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Inflation, Unemployment Tick Up as Kingdom Seeks Path to Recovery for Economy – Report
- October 1,2020
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- SUSTG Team
Saudi Arabia saw an increase in unemployment and an uptick in inflation in recent months as the Kingdom seeks a pathway toward economic recovery following a period of low oil prices and the global Coronavirus pandemic, according to the most recent chartbook from Jadwa Investment.
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Saudi Leaders Pay Tribute to Late Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Sabah
- September 30,2020
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- SUSTG Team
Saudi leaders expressed their tributes and condolences to the people of Kuwait following the passing of the Gulf nation’s emir, Sheikh Sabah al-Ahmad al-Sabah, who died at the age of 91.
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Coronavirus, Lockdowns, Low Oil Prices Take Toll on Saudi Economy in 2Q 2020 — Report
- September 30,2020
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- SUSTG Team
Saudi Arabia’s economy contracted 7% year-on-year in the second quarter of 2020 as the toll wrought by the Coronavirus pandemic and lower oil prices becomes clear, according to Bloomberg.
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Saudi Tourism Development Fund Inks Deal with Riyadh Bank, Banque Saudi Fransi for $43 Billion of Projects
- September 29,2020
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- SUSTG Team
Saudi Arabia’s Tourism Development Fund signed an agreement with Riyadh Bank and Banque Saudi Fransi to finance up to 160 billion riyals ($43 billion) of tourism projects in the kingdom, state news agency SPA reported.
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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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MUST-READS
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Saudi: AlUla signs IBM to implement smart city project
MISA has facilitated nearly a dozen investment agreements across aerospace, biotechnology, education and other sectors, illustrating sustained confidence in the Kingdom as a world-class investment destination. International partners in these agreements included:
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BeIN Sports picks Saudi firm as MENA advertising partner
Qatar-based beIN, a sports broadcaster said on Wednesday it had chosen a Saudi firm as its exclusive advertising partner in the Middle East and North Africa in a deal that a source put at around $150 million.
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Al Bawani starts work on Lucid’s hitech plant in Saudi Arabia
The new facility will come up on a 1.3-million-sq-m campus plot at the King Abdullah Economic City (KAEC). The new plant targets 155,000 vehicles per year. Al Bawani said it has already begun work on the first phase of the plant, which will manufacture the longest range and the fastest charging electric cars in the market. The company’s first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design that features luxurious full-size interior space in a mid-size exterior footprint.
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NDMC Announces Completion of First Partial Repurchase Offer for the Kingdom’s Dollar-Denominated Bonds
NDMC, on behalf of the Ministry of Finance, announces the completion of the first partial repurchase of the Kingdom’s outstanding U.S. dollar-denominated bonds maturing in 2023, 2025, and 2026 with a total value of USD 1.268 billion (equivalent to SAR 4.755 bn).
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Al Bawani starts work on Lucid’s hitech plant in Saudi Arabia
The new facility will come up on a 1.3-million-sq-m campus plot at the King Abdullah Economic City (KAEC). The new plant targets 155,000 vehicles per year. Al Bawani said it has already begun work on the first phase of the plant, which will manufacture the longest range and the fastest charging electric cars in the market.
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Saudi healthtech startup Blazma scripts aggressive MENA entry plans to tap rising digital healthcare market
The startup, which operates a platform connecting medical testing laboratories, healthcare chains and patients, also plans to launch a fundraising plan in two months to finance its growth plans
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The Heart of Arabia Expedition
The Heart of Arabia Expedition, which will recreate in two stages Harry St. John Philby’s epic crossing of Arabia from east to west. Mark’s expedition will begin next month, on November 15th, the very day that Philby began his journey 105 years ago. Accompanying him on this trip is Philby’s Saudi granddaughter Reem, photographer Ana-Maria Pavalache and Alan Morrissey, who is handling all logistics for the team. As on Mark’s previous trips, time will be set aside for scientific research. Specific projects include studying bats inhabiting abandoned mud buildings, collecting data on neolithic flint tools, locating meteoric craters and a project related to how people respond to isolation.
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The Heart of Arabia Expedition
The Heart of Arabia Expedition, which will recreate in two stages Harry St. John Philby’s epic crossing of Arabia from east to west. Mark’s expedition will begin next month, on November 15th, the very day that Philby began his journey 105 years ago. Accompanying him on this trip is Philby’s Saudi granddaughter Reem, photographer Ana-Maria Pavalache and Alan Morrissey, who is handling all logistics for the team. As on Mark’s previous trips, time will be set aside for scientific research. Specific projects include studying bats inhabiting abandoned mud buildings, collecting data on neolithic flint tools, locating meteoric craters and a project related to how people respond to isolation.
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Bahrain set for elections amid calls for boycott, participation
Bahrain is set to hold parliamentary elections next month amid parallel calls for a boycott and participation in the political process. The Nov. 12 vote is also approaching as thousands of Bahrainis remain excluded from political life under the country’s "Political Isolation Law.” This is while many names have been removed from electoral lists under the amendment to Law No. (57) of 2014, which specifies requirements that need to be met for political inclusion. These conditions include “previous participation in the electoral process” and not being “deprived or exempt from exercising rights" by the authorities.
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Earthquake strikes Saudi Arabia’s Tabuk
An earthquake measuring 3.38 on the Richter scale struck Saudi Arabia’s Tabuk region on Sunday evening, the Saudi Press Agency (SPA) reported.
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