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Saudi Arabia Continues Steady Progress against Coronavirus Spread as Officials Emphasize Safety of Future Vaccine Trials
- August 25,2020
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- SUSTG Team
Saudi Arabia continues to make steady progress in preventing the spread of the the Coronavirus after overcoming two waves of new cases and deaths, according to official government data.
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King Salman Issues Rare Royal Decree Firing Tourism Officials over Corruption Allegations – SPA
- August 21,2020
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- SUSTG Team
Saudi Arabia’s King Salman has issued a rare royal decree firing a number of officials for legal violations and alleged corruption at tourism projects, including the Red Sea Project and Al-Ula, state news agency SPA reported.
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Reports: Saudi Arabian-Backed Consortium Pulls Out of Bid for Newcastle United
- July 30,2020
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- SUSTG Team
A Saudi Arabian-backed consortium has pulled out of a bid to buy Newcastle United, the UK-based BBC and Sky News report.
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Life in Saudi Arabia: After Weeks of Lockdown, Savvy Saudi Shoppers Hunt for Bargains Ahead of VAT Deadline
- June 30,2020
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- SUSTG Team
After weeks in lockdown with access to stores and malls restricted, Saudi shoppers found themselves under a time crunch to hunt for deals ahead of a planned increase in the Kingdom’s Value Added Tax (VAT) on July 1.
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AMAALA, the Luxury Planned Seaside Resort on Saudi Arabia’s Northwest Coast, Picks Impressive Design for International Airport
- June 25,2020
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- SUSTG Team
AMAALA, the ultra-luxury planned travel destination located along Saudi Arabia’s northwestern coast has unveiled plans for a new international airport, employing an impressive design “inspired by the optical illusion of a desert mirage.”
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Report: PIF to buy 2.32% stake in India’s Jio Platforms for $1.49 billion
- June 18,2020
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) will buy a 2.32% stake in Reliance Industries’ digital unit Jio Platforms for $1.49 billion, Reuters reports.
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With a Bumpy Road Ahead in 2020, Saudi Banks are ‘Well Capitalized’, Executives told Reuters
- June 4,2020
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- SUSTG Team
“Strong capital buffers” will help banks in Saudi Arabia push through a bumpy road ahead in the next few months, according to a Reuters report, which took a measurement of some of the industry’s top CEOs.
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Saudi Arabia’s progress toward food security, water conservation accelerated by Coronavirus crisis
- May 13,2020
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- SUSTG Team
Saudi Arabia is adjusting to the new realities of the Coronavirus by making strategic investments domestically and internationally into its food supply and agriculture sectors, according to reports.
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Saudi Arabia Makes First Purchase of Wheat from Kingdom-Owned Farm
- April 27,2020
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- SUSTG Team
Saudi Arabia has made its first purchase of wheat grown from an overseas farmland investment in Ukraine, Reuters reports, as the Kingdom makes progress on a years-long shift toward agricultural imports and water conservation goals.
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Big Week for Oil Prices as Major Producers Scramble for a Deal
- April 6,2020
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- SUSTG Team
Saudi Arabia, Russia, OPEC countries and the United States are hoping this week a deal can be reached on production cuts to prevent the price of oil from falling further on international indices, but some analysts and market observers are skeptical that such a deal can come together given the current market dynamics.
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Saudi crude floating off Egypt’s Ain Sukhna falls to 10.5 mln bbls – Vortexa
There are currently 10.5 million barrels of Saudi crude in floating storage off the Egyptian Red Sea port of Ain Sukhna, down by almost half from mid-June, according to data from oil analytics firm Vortexa. On June 14, Vortexa had observed 19.5 million barrels of Saudi crude on board 10 very large crude carriers (VLCCs) outside Ain Sukhna, most of which was loaded in the second half of May. The last time Saudi crude was stored on ships in such large volumes was in the second quarter of 2020, when the COVID-19 pandemic sparked a collapse in global oil demand, Vortexa said. All but one of the 10 VLCCs observed on June 14 have been unloaded, Vortexa analyst Jay Maroo said. Currently, five VLCCs laden with Saudi crude are in floating storage off Ain Sukhna, Maroo said.
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Exclusive: Top UK diplomat hopes Saudi-Iran deal leads to change in Tehran’s behavior
Britain welcomes the recent rapprochement between Saudi Arabia and Iran and hopes that it will change Tehran’s behavior in the region, British Foreign Secretary James Cleverly said in an interview with Al Arabiya on Thursday. “We welcome dialogue and hope that the conversations and the meetings that the Saudis had with Iran bring about a change of behavior, but ultimately the choice is for the leadership in Tehran,” Cleverly told Al Arabiya.
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Saudi Crude Oil Tanker Backlog at Ain Sukhna Begins to Clear
The number of the nation’s own tankers anchored near Ain Sukhna, a port at the southern end of a pipeline linking the Red Sea to the Mediterranean has dropped to five, down from a peak of eight in mid-June, according to vessel tracking data monitored by Bloomberg.
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Opinion: Iran Envoy Scandal Exposes Biden’s Failed Approach on Nukes
Clearance reviews are not unheard of, but it is highly unusual for an official of Malley’s seniority and closeness to the White House to face such scrutiny. And it could hardly come at a more inopportune moment for the Biden administration, which was on the verge a breakthrough in negotiations with Iran for the release of at least three Americans being held hostage by the Islamic Republic.
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G-7 Tells Global South Nations That a Just Peace Requires Russia Leaving Ukraine
The officials met in Copenhagen last weekend with counterparts from India, Turkey, Brazil, South Africa and Saudi Arabia to discuss Volodymyr Zelenskiy’s peace formula and the Ukrainian president’s effort to hold a global summit on the proposals. The gathering took place against the backdrop of an attempted mutiny in Russia but focused on the war in Ukraine and its future, rather than those events, the people said.
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Ukraine ‘peace summit’ talks make progress but long way to go – officials
Ukraine's work with allies to build broad international support for a peace blueprint has made progress but any summit to endorse a document is at least months away, officials said. Senior officials from Ukraine, G7 countries, the European Union and nations such as Brazil, India, Saudi Arabia, South Africa and Turkey met on Saturday in Denmark for talks on the concept, even as an abortive mutiny unfolded in Russia.
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Saudi Arabia announces new instant e-visa options for UK, US, Schengen travelers
Saudi Arabia announced on Monday new instant e-visa options for travelers with UK, US, Schengen visas, as well as permanent residents of those countries, as part of measures to ease travel restrictions, the Saudi Press Agency (SPA) reported. Travelers can apply for an instant e-visa through the Ministry of Foreign Affairs’ website.
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Saudi Arabia announces new instant e-visa options for UK, US, Schengen travelers
Saudi Arabia announced on Monday new instant e-visa options for travelers with UK, US, Schengen visas, as well as permanent residents of those countries, as part of measures to ease travel restrictions, the Saudi Press Agency (SPA) reported. Travelers can apply for an instant e-visa through the Ministry of Foreign Affairs’ website.
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UK government removes visit visa requirements for GCC and Jordan citizens
Instead, these individuals will have the option to obtain an Electronic Travel Authorisation that will be valid for two years, and the cost for this will be only £10 ($12). This change will align the entry requirements for Gulf travellers and Jordanians with those of US and Australian citizens.
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Saudi Pro League football targets: Luke Modric, Hugo Lloris approached to join Lionel Messi, Cristiano Ronaldo
“Beside receiving quite lucrative offers they will play in a very competitive league,” the source said, adding that the Saudis aimed to “seal most of the deals” before the new season starts on August 11. Such a wishlist would have seemed unthinkable before the Saudis pulled off the signing of Ronaldo, 37, in January on a two-and-a-half-year deal said to be worth more than 400 million euros.
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