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Recent stories from sustg
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Minister of Investment leads investor delegation to Pakistan
- October 11,2024
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- SUSTG Team
A Saudi investor delegation headed by Minister of Investment Khalid Al-Falih is concluding a three-day visit to Pakistan. The delegation includes officials and companies from various sectors including energy, mining, minerals, agriculture, business, tourism, industry and manpower.
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‘Invest in Coastal Tourism’ report aims for 19m Red Sea tourists by 2030
- October 10,2024
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- admin
The Saudi Red Sea Authority (SRSA), in collaboration with the Ministry of Investment, has released a report titled “Invest in Coastal Tourism” that outlines development goals for the entire Red Sea coast.
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PIF steps up Saudi clean hydrogen push
- October 9,2024
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- SUSTG Team
Bloomberg reports that the Public Investment Fund intends to invest at least $10 billion to support production of clean hydrogen.
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Saudi Box Office update
- October 8,2024
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- SUSTG Team
With the second edition of the Saudi Film Confex occurring in Riyadh October 9-12 the Saudi box office and movie-goer numbers in 2024 are down but less so than global averages.
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Saudi official reserves hit 21-month high at $470 billion
- October 7,2024
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- admin
Saudi Arabia’s official reserve assets reached $469.83 billion in August, the highest in 21 months and a 10 percent increase year-on-year, according to recent data.
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GCC FMs meet to discuss escalating tensions in region
- October 4,2024
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- admin
With tensions escalating in the region top foreign ministry officials from each GCC state met in Doha, Qatar to discuss the crisis and assess policies.
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Work on kilometer-high Jeddah tower to resume
- October 3,2024
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- SUSTG Team
At a ceremony held on the site Wednesday, the development consortium behind the project, Jeddah Economic Company (JEC), announced that the tower is now scheduled to finish in 2028.
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Saudi MOF issues budget report: deficits and reduced GDP growth projected
- October 2,2024
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- SUSTG Team
Saudi Arabia’s Ministry of Finance cut its growth forecasts and raised its budget deficit estimates for the fiscal years 2024 to 2026, anticipating higher spending and lower projected oil revenues.
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2024 Saudi Games kick off!
- September 30,2024
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- SUSTG Team
The Saudi Games is the largest national sporting event held in Saudi Arabia. The third annual Saudi Games kicked off on September 29 and will run to October 17, 2024.
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Saudi Arabia forms global alliance in support of Israeli-Palestinian two-state solution
- September 30,2024
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- SUSTG Team
European, Arab and Islamic nations have launched an initiative to strengthen support for a Palestinian state and its institutions, and prepare for a future after the war in Gaza.
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MUST-READS
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GuantanamoMattis is 1st Pentagon chief to visit Guantanamo since 2002
U.S. Defense Secretary Jim Mattis visited the American Navy base at Guantanamo Bay, Cuba, to offer holiday greetings to troops Thursday. It was the first trip there by a Pentagon chief in almost 16 years.
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Cyber AttacksHow the Pentagon’s cyber offensive against ISIS could shape the future for elite U.S. forces
The U.S. military has conducted cyber attacks against the Islamic State for more than a year, and its record of success when those attacks are coordinated with elite Special Operations troops is such that the Pentagon is likely carry out similar operations with greater frequency, according to current and former U.S. defense officials.
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Russia in the RegionU.S. F-22s fired warning flares at Russian planes in close call over Syria, Pentagon says
A pair of U.S. jets intercepted two Russian fighter aircraft over Syria on Wednesday, the Pentagon said, the kind of highly dangerous yet constant encounter that is occurring with more regularity despite agreements between the countries to avoid potentially deadly mistakes.
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SyriaPentagon Acknowledges 2,000 Troops in Syria
The Pentagon on Wednesday acknowledged that 2,000 American troops are on the ground in Syria, the first time the military has admitted that it deployed well more than the Obama-era limit of 503 troops. And it was recently even higher: The new number reflects the withdrawal of 400 Marines who had been providing artillery support to U.S.-backed Syrian rebels.
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PakistanPentagon Has No Plans to Lift Freeze on Funds for Pakistan
The United States and Pakistan remain at odds over Islamabad’s track record on countering Islamist militants near the Afghan border, and Washington has no plans to lift a freeze on a key reimbursement fund for the country, U.S. and Pakistani officials said Tuesday.
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UN Peace KeepingPentagon official: US to cut contributions to UN peacekeeping missions
The Pentagon’s No. 2 civilian official on Wednesday pushed greater burden sharing for United Nations peacekeeping missions, saying the U.S. will drop its contributions by 3 percent.
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Extremism in AfricaPentagon looks at stepping up its role in Africa to counter ISIS
Pentagon officials are considering a larger campaign in Africa to pursue ISIS. The move comes after ISIS lost its de facto capital Raqa in Syria this month.
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Climate ChangePentagon is still preparing for global warming even though Trump said to stop
The DoD has found space to maneuver by separating the argument of climate change from the threats that more extreme sea states, wind and flooding can generate. Essentially, the DoD is moving forward by leaving the semantics of climate change to others.
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Afghanistan PolicyPentagon Admits Thousands More Troops in Afghanistan Than Previously Reported
After months of providing misleading information on the actual number of U.S. troops in Afghanistan, the Defense Department said Wednesday there are approximately 11,000 U.S. troops deployed on the ground, and not the 8,400 it had long claimed.
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Mattis in IraqPentagon chief, in Baghdad, says militants are ‘on the run’
U.S. Defense Secretary Jim Mattis said Tuesday he is confident that U.S.-backed Iraqi forces will finish off the Islamic State militants clinging to strongholds that are shrinking in size and number.
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