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Saudi Arabia Confirms G20 will be Held Virtually on November 21-22
- September 28,2020
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- SUSTG Team
The G20 leaders summit will be held virtually on Nov. 21-22, Saudi Arabia said on Monday, in a blow to the Kingdom’s hopes of hosting the gathering in-person in Saudi Arabia, according to a statement.
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Saudi Arabia Celebrates 90th National Day
- September 23,2020
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- SUSTG Team
Saudis around the world are celebrating Saudi Arabia’s 90th National day today, the Kingdom’s top national holiday dedicated to the history of the Kingdom as a unified state.
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G20 Trade and Investment Ministers Meet as Kingdom Reportedly Suggests Delay Main Summit until December
- September 22,2020
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- SUSTG Team
Trade and Investment Ministers from the G20 held a meeting today under the Saudi G20 Presidency to strengthen trade and investment policy cooperation towards an inclusive and sustainable economic growth amid the COVID-19 pandemic.
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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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Road to the G20: L20 Summit, Focused on Workers and Labor, Emphasizes Inclusion of Women and Youth
- September 18,2020
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- SUSTG Team
On the 7th and 8th of September, the Labor 20 engagement group launched its Saudi L20 Summit, titled “A New Social Contract for Recovery and Resilience,” which was held in the Saudi capital Riyadh in accordance with COVID-19 safety measures, and was streamed online to allow the participation of international speakers and audience.
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Saudi Arabia Sternly Condemns OPEC+ Production Quota Cheaters in Meeting
- September 17,2020
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- SUSTG Team
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman scolded members of a key OPEC+ panel about cheating on oil production quotas, but did not name countries by name, according to reports.
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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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New Digital Art Museum, with ‘Crowdpleasing Immersive Experiences’, to Launch in Jeddah in 2023
- September 15,2020
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- SUSTG Team
Tokyo-based multimedia collective group teamLab has signed a partnership agreement with Saudi Arabia’s Ministry of Culture to provide immersive experiences for a new digital art museum in Jeddah, according to reports, the latest investment by the Saudi government into the culture and lifestyle industry in the Kingdom.
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OPEC Revises Downward Outlook for Global Oil Demand as Coronavirus Weighs on Crude Recovery
- September 14,2020
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- SUSTG Team
OPEC has downwardly revised its outlook for global oil demand to an average of 90.2 million barrels per day in 2020 (down 9.5% from last year) as the Coronavirus weighs on crude recovery, according to reports, citing a recent publication from OPEC on Monday.
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Saudi Electricity Co. Sells $1.3 Billion of Green Sukuk
- September 11,2020
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- SUSTG Team
Saudi Electricity Co. sold the first green bond in Saudi Arabia in what amounts to the “latest milestone in the expansion of environment-friendly debt instruments,” according to a report in Bloomberg.
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MUST-READS
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Son of US citizen detained in Saudi Arabia says State Department neglected father’s case
The son of a U.S. citizen being detained and allegedly tortured by Saudi Arabia over tweets he posted criticizing the kingdom told The Washington Post that the State Department neglected his father’s case.
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GCC job creation surges in third quarter of 2022
Hiring activity surged in Saudi Arabia, Qatar and the UAE in the third quarter of this year on the back of major project announcements and the Fifa World Cup, according to a report by recruitment consultancy Cooper Fitch. Saudi Arabia recorded a 14 per cent increase in new jobs in the three months to September 30, driven by growth in sectors such as manufacturing, sales and marketing, and investment, as well as a sharp rise in the number of organisations establishing new activities in the kingdom, the report said.
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NEOM to open 25hours party hotel in Saudi mega city
“Both 25hours Hotels and Morgans Originals are ideal brands for TROJENA as we look to deliver extraordinary experiences for residents and visitors seeking luxury, adventure, entertainment, livability, and escape from the status quo,” TROJENA executive director and region head Philip Gullett said.
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Laila al-Jindan: ‘Art and culture are experiencing their best moment in Saudi Arabia’
Laila al-Jindan is a Saudi artist; I have a very special relationship with art and I have been aware of this since I was a child, especially with music and drawing, my two great weaknesses. Since I was a child, I used to take piano lessons and spend my free time drawing, which I enjoyed very much. Although I liked plastic arts and drawing, I couldn't devote myself to it, which was my true vocation and what I really liked. At that time it was not a discipline that enjoyed a lot of social support and this made me think about continuing my studies in computer science at university, and I devoted myself to art much later.
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U.S.-Led Drone Fleet Starting To Come Together in Middle East
In February, Cooper announced a goal of having 100 unmanned surface vessels patrolling the Persian Gulf, Red Sea, and other regional waters by the end of summer 2023. The region is already home to the year-old Task Force 59, the Navy’s hub for experimenting with unmanned systems and artificial intelligence.
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US State Department says Iran nuclear deal ‘not our focus right now’
The Iran nuclear deal is “not our focus right now,” US State Department spokesperson Ned Price said Wednesday, noting the administration was instead focusing on supporting the protesters in Iran as efforts to restore the nuclear deal have hit yet another impasse. “The Iranians have made very clear that this is not a deal that they have been prepared to make, a deal certainly does not appear imminent,” Price said at a department briefing.
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New National Security Strategy Returns Focus to Rules, Partnerships, and American Leadership
On Wednesday, the Biden administration released an unclassified version of the long-awaited document—it arrives seven months after the Defense Department submitted its classified National Defense Strategy—echoes its predecessor’s 2017 version in its focus on great power competition and China in particular. But the new strategy’s emphasis on America’s place in the international rules-based order marks a return from the Trump administration’s departure, and it also downgrades the Russian threat to “acute,” a step below China’s “pacing challenge.”
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Economies in Transition – International Monetary Fund Director of the Middle East and Central Asia Department Jihad Azour: Audio
In Season 3, Episode 4 of empowerME Conversations podcast, host and Atlantic Council empowerME Chairman Amjad Ahmad speaks with International Monetary Fund’s Director of the Middle East and Central Asia Department Jihad Azour and guest co-host Atlantic Council’s empowerME Director Racha Helwa to discuss the economy and market opportunities of the MENA region, women and youth empowerment, and the development of differing entrepreneurial ecosystems within the region.
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Saudi Health plans 100 partnership projects worth $13bn
The initiatives announced by Saudi Health for public-private partnership, including the operation of two new medical cities, a project to provide 900 beds for medical rehabilitation and long-term care services, as well as restructuring 200 primary care centers, and providing air medical evacuation services, said Health Minister Fahd Al Jalajil.
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US climate envoy John Kerry calls Saudi counterpart ahead of Cop27 in Egypt
It comes less than a month before the start of Cop27 in Egypt's Sharm El Sheikh resort city from November 6 to November 18, when tens of thousands of officials and experts will gather to discuss efforts to reduce emissions and manage climate change. The pair worked together during Mr Al Jubeir's time as Saudi ambassador to Washington from 2007 to 2015.
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