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Recent stories from sustg
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Habitas to Manage Neom’s Annonuced Mountain Destination Leyja with 120 Rooms
- November 1,2023
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- SUSTG Team
Saudi Arabia’s mountain destination of Leyja, announced last month, will be managed by high-end brand Habitas, according to a report.
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Goldman Sachs Sees Saudi and Russia Supply Cuts as Adding Upside Risk to Previous Forecast
- September 7,2023
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- SUSTG Team
Goldman Sachs Commodities Research said Saudi Arabia and Russia’s extension of voluntary supply cuts posed bullish risks to their crude price forecasts, raising a possibility that Brent could jump as high as $107 a barrel next year, according to a report in Reuters.
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Goldman Sachs set to open Regional HQ in Riyadh
- May 24,2024
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- SUSTG Team
Bloomberg reports that Goldman Sachs Group Inc. has become the first Wall Street bank to receive a license from the Ministry of Investment to set up its regional headquarters in Riyadh.
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Halo Space to test Balloon Flight from Saudi
- April 11,2024
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- SUSTG Team
Spanish company Halo Space is in talks with Saudi regulators to set up a base in the kingdom for balloon flights into space. Ongoing tests are planned for Saudi Arabia this summer.
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Saudi Arabia’s New Luxury Train Experience through Kingdom’s Desert Set to Add to Tourism Portfolio
- January 29,2024
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- SUSTG Team
State-owned railway company Saudi Arabia Railways (SAR) recently struck a 200 million Saudi riyals ($53.33 million) deal with Italian hospitality company Arsenale Group to launch the first luxury train in the Middle Eastern kingdom, which paves the way for the Kingdom to have another differentiating tourism experience.
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Saudi Arabia Set to Host World Cup in 2024 as Competitors Drop Out
- November 2,2023
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- SUSTG Team
Saudi Arabia is on the brink of hosting the 2034 World Cup after competing bidder Australia dropped its candidacy to host the global event, marking another milestone in Saudi Arabia’s efforts to develop sports as a contributor to its economic diversification goals.
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Report – Middle East Hotel Project Count Hits All-Time High
- September 6,2023
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- SUSTG Team
The Middle East region continues to show steady pipeline growth in hotel projects in the second quarter of 2023, with the highest project count since Q1 2020, according to the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).
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The 966 – Episode #129, Saudi Film Industry Six Years after Theaters Re-Opened with Todd Albert Nims
- May 22,2024
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- SUSTG Team
Theaters are booming, the Saudi film industry is creating successful local content and all metrics are up for the sector. Todd Albert Nims, creator, director and producer, joins The 966 to share his perspective on all the exciting changes underway.
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Saudi Arabia Gets First Cannes Official Selection Slot With Drama ‘Norah’
- April 11,2024
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- SUSTG Team
Saudi Arabia has landed its first film in the Cannes Film Festival official selection with “Norah,” a drama by pioneering director Tawfik Alzaidi set in 1990s Saudi, according to reports.
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The PIF’s biggest event of the year in Riyadh, the latest on the Saudi peace plan, and alcohol in Saudi Arabia? — The 966 Episode 120
- January 30,2024
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- SUSTG Team
In episode 120, The 966 once again has on offer a menu of excellence discussing some of the most important topics happening in Saudi Arabia this week — a tough decision for the editorial team as Saudi Arabia continues to create headlines as it marches forward with economic and social reforms.
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MUST-READS
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BahrainU.S. increasingly sees Iran’s hand in the arming of Bahraini militants
Six years after the start of a peaceful Shiite protest movement against the country’s Sunni-led government, U.S. and European analysts now see an increasingly grave threat emerging on the margins of the uprising: heavily armed militant cells supplied and funded, officials say, by Iran.
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U.S.-BahrainTrump administration to allow Bahrain F-16 deal
The Trump administration has told Congress it plans to approve a multibillion-dollar sale of F-16 fighter jets to Bahrain without the human rights conditions imposed by the U.S. State Department under President Barack Obama.
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BahrainBahrain files lawsuit to dissolve secular political party
The country’s Justice, Islamic Affairs and Endowments Ministry accused the Waad party in a statement of “incitement of acts of terrorism and promoting (the) violent and forceful overthrow of (the) political regime.”
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Saudi-Bahrain CausewayBahrain expects second Saudi-Bahrain causeway to boost tourism
Bahrain, with a population of 1.3 million, had 12.2 million visitors last year, up from 11.6 million the year before. An estimated 8 million came to Bahrain through Saudi borders.
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BahrainBomb attack on Bahrain police bus wounds four officers
Four Bahraini policemen were wounded in a bomb attack on Sunday near a village south of the capital Manama.
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U.S.-Saudi Military SalesDonald Trump ready to approve weapons packages to Saudi Arabia, Bahrain that Obama blocked
While the White House declined to discuss its plans, one U.S. official directly involved in the transfers told The Washington Times that a roughly $300 million precision-guided missile technology package for Riyadh and a multibillion-dollar F-16 deal for Bahrain are now in the pipeline ready for clearance from the new administration.
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Bahrain F-16 SalePerspective: Bahrain Needs the F-16; The F-16 Needs Bahrain
The U.S. can avoid an own goal by approving the sale to Bahrain without conditions. Doing so will tell our Gulf allies we stand by them as they modernize their defensive capabilities in the face of the looming Iranian threat.
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GCC TransportationSaudi Arabia, Bahrain to consider new bridge
Saudi Arabia and Bahrain have agreed to consider proposals for a new bridge linking the two Gulf states, to work alongside the current King Fahd Causeway.
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BahrainIS calls for attacks on US bases in uneasy island of Bahrain
The Islamic State group is calling for its followers to launch attacks in Bahrain, including those targeting American military personnel stationed on the tiny island.
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GCC SummitFive reasons that make the Bahrain Gulf summit the most different and most dangerous of all summits
The first Gulf tour by King Salman Bin Abdulaziz determined the work agenda of the Gulf summit that will be launched in Manama
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