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Recent stories from sustg
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The 966, Episode #132, The Many Impacts of The Gaza War with Stefanie Ali, Senior Director, Rice, Hadley, Gates and Manuel LLC
- June 26,2024
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- SUSTG Team
The 966 welcomes Stefanie Hausheer Ali, Senior Director at international affairs consulting firm Rice, Hadley, Gates & Manuel LLC, to get her informed perspective on the impact of the Gaza war with particular reference to the damage it has done to the U.S. reputation and U.S. corporate brands.
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Wamda’s Tawaref Series Provides Blueprint for Expanding in KSA
- May 13,2024
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- SUSTG Team
Wamda has partnered up with Tawaref, a Saudi Arabia-based tech investment community that also provides startup advisory, legal consultancy and due diligence support, to publish a series of articles to help entrepreneurs navigate the Saudi market.
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ACWA Power Inks Deal for $4bn Green Hydrogen-Based Ammonia Plant in Egypt, $800m Power Purchase Agreement for South African Hybrid Renewable Project
- December 20,2023
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- SUSTG Team
Saudi renewables developer ACWA Power has signed two new large deals as it expands its renewables and green projects across the region.
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Israeli Minister Speaks Publicly for the First Time in Saudi Arabia’s Capital Riyadh – Report
- October 5,2023
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- SUSTG Team
An Israeli minister spoke publicly for the first time in Saudi Arabia’s capital Riyadh about “blossoming ties” between the two countries, the latest sign the duo are inching toward normalizing relations – and even thanked the two leaders, mentioning first the Kingdom of Saudi Arabia.
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MSCI Emerging Markets Index – Saudi Equities Five Years After Inclusion
- June 25,2024
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- SUSTG Team
Since May 2019, the MSCI Saudi Arabia and MSCI Tadawul 30 Indexes and the MSCI Saudi Arabia Investable Market Index (IMI) have outperformed the MSCI Emerging Markets IMI. Also, Saudi Arabia’s equity market has expanded to offer investors more-diversified sector exposures.
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Johnson Controls Arabia Announces Export of 300 Saudi-Made Scroll Chillers to the United States from KAEC Manufacturing Plant
- May 9,2024
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- SUSTG Team
Johnson Controls Arabia (JCA) hosted an export milestone event at its YORK Manufacturing Complex at the King Abdullah Economic City (KAEC) to mark the company’s latest export achievement of more than 300 Saudi-made YORK Scroll Chillers to the American market during this year, with a total market value of 100 million Riyals in the initial phase, the […]
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Prince Alwaleed bin Talal-Backed Flynas Taps Morgan Stanley, Goldman for IPO
- December 21,2023
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- SUSTG Team
Saudi Arabia’s Flynas, backed by billionaire Prince Alwaleed Bin Talal, has hired Goldman Sachs Group Inc., Morgan Stanley and Saudi Fransi Capital for a potential initial public offering in Riyadh, according to a report in Bloomberg.
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Saudi Arabia’s Tourism Effort Paying Off as Sector Sees 58% Growth in 2023 — Report
- October 4,2023
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- SUSTG Team
Saudi Arabia has been ranked second globally in terms of tourist arrivals during the first seven months of 2023, the Saudi Press Agency reported on Tuesday.
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Saudi-US Trade and Investment Framework Agreement (TIFA) Council Meetings Underway
- June 24,2024
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- SUSTG Team
The General Authority of Foreign Trade (GAFT) which is part of the Saudi Ministry of Commerce is leading Saudi Arabia’s delegation at the eighth meeting of the Saudi-US Trade and Investment Framework Agreement (TIFA) Council, held between June 23 and 28, 2024, in Washington, DC.
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Saudi Aramco Expects to Pay Full Dividends Despite Lower Earnings – Report
- May 8,2024
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- SUSTG Team
Saudi Arabia’s Aramco said it expects to pay full dividends to its shareholders, including the Public Investment Fund of Saudi Arabia, “despite reporting lower earnings for the first quarter on Tuesday, hit by lower oil prices and volumes sold,” Reuters reports.
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MUST-READS
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GuantanamoPentagon to send about a dozen Guantanamo inmates to other countries soon
The Pentagon plans to transfer about a dozen inmates of the Guantanamo military prison to at least two countries that have agreed to take them, a U.S. official said on Wednesday, the latest move in President Barack Obama's final push to close the facility.
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TurkeyPentagon and State Department order families of U.S. troops and diplomats to leave Turkey
The United States will withdraw virtually all family members of U.S. troops and diplomats from its installations in Turkey, U.S. officials said Tuesday, citing security concerns as the campaign against the Islamic State continues.
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U.S. Arms in CombatAnalysis: Are CIA-backed Syrian Rebels Really Fighting Pentagon-backed Syrian Rebels?
The Los Angeles Times’ contention Sunday that “in Syria, militias armed by the Pentagon fight those armed by the CIA” is basically incorrect.
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Anti-ISIS CampaignCiting ‘Momentum Shift,’ Pentagon Wants to Deploy More Troops to Iraq
The momentum has shifted in the U.S.-led coalition fight against the Islamic State in Iraq and Syria, so it’s time to commit more forces for the looming battles ahead, the top U.S. civilian and military leaders told reporters Friday.
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Foreign AidPentagon muscles out State Dept. on foreign aid
Last year, more than $11 billion worth of Pentagon programs went to arm and train security forces from Latin America to the Middle East, Eastern Europe and Southeast Asia.
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Anti-ISIS CampaignPentagon wages cyberwar against Islamic State
U.S. commanders mounted a cyberoffensive against Islamic State in Syria for the first time in recent weeks by deploying military hackers against the extremist group’s computer and cellphone networks, according to the Pentagon.
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U.S. Military Weapon DevelopmentThe exotic new weapons the Pentagon wants to deter Russia and China
“Our adversaries, quite frankly, are pursuing enhanced human operations,” Work warned a gathering at the Center for a New American Security in December. “And it scares the crap out of us, really.”
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IraqPentagon: Iraqi units move into Kurdistan in prep for battle of Mosul
Parts of the Iraqi Army’s 15th division, a unit of around 1,000 soldiers, have moved into Iraqi Kurdistan in recent days, according to a senior U.S. military official.
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U.S. Defense BudgetCarter Unveils Budget Details; Pentagon Requests $582.7 Billion
President Obama’s fiscal year 2017 budget will request $582.7 billion in funding for the Pentagon, including $71.4 billion for research and development, $7.5 billion to fight the Islamic State group, $8.1 billion for submarines, and $1.8 billion on munitions, Secretary of Defense Ash Carter announced Tuesday morning.
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Anti-ISIS CampaignPentagon Running Low on Smart Bombs for ISIS Campaign
President Barack Obama will ask Congress next week to approve $1.8 billion to buy 45,000 new bombs. The spending request is part of $7.5 billion the Pentagon says it will need to bomb ISIS and train Iraqi security forces in 2017.
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