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Recent stories from sustg
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Hyundai Motor Joins EV Car Race in Saudi Arabia with Planned Factory; Signs MOU with Saudi Ministry of Industry and Mineral Resources
- January 3,2023
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- SUSTG Team
South Korea’s Hyundai Motors has joined the race to build EV cars in Saudi Arabia, signing a memorandum of understanding with Saudi Arabia’s Ministry of Industry and Mineral Resources to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA) reported.
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Saudi Arabia, Japan Eye Increased Trade and Cooperation at Riyadh Investment Forum
- December 28,2022
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- SUSTG Team
Saudi Arabia and Japan signed several new agreements and understandings at a Saudi-Japan investment forum to boost trade and relations between the two nations, according to reports.
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Germany Sets Sights on Importing Saudi Ammonia to Make Hydrogen by 2026
- December 20,2022
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- SUSTG Team
European economic powerhouse Germany has said it hopes to import green ammonia from Saudi Arabia at a terminal to be opened in 2026, according to a report in the UAE-based The National.
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Middle East KFC Operator, Americana, Sees Successful Debut in First Dual Listing in the Gulf
- December 13,2022
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- SUSTG Team
The Middle Eastern operator of KFC and Pizza Hut outlets, Americana Restaurants International Plc, climbed in its debut after raising $1.8 billion in an initial public offering, pulling off the first-ever dual listing in Riyadh and Abu Dhabi, Bloomberg reports.
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Saudi Arabia’s PIF Buys 9.5 Percent Stake in German Renewables firm Skyborn
- December 12,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund has acquired a 9.5 percent stake in German renewable firm Skyborn Renewables, as the growing sovereign wealth fund of the Kingdom continues to expand with international investments.
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Adding to Growing List of Natural Treasures, ‘Desert Fish’ Rock Formation Discovered in Al-Ula
- December 7,2022
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- SUSTG Team
The recent discovery of a giant fish-shaped rock emerging from the sands of the Saudi desert near Al-Ula adds to a growing collection of natural wonders in Saudi Arabia.
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Virginia-Based Bechtel Corp. Wins Contract to Provide Project Management Consultancy Services for NEOM’s TROJENA
- December 5,2022
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- SUSTG Team
Virginia-based Bechtel Corporation has been appointed as the Project Management Consultant for TROJENA, a year-round mountain destination in the NEOM region of northwest Saudi Arabia, the company confirmed in a press release.
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An ‘Aerotropolis’: Saudi Arabia Plans to Build One of the World’s Largest International Airport’s in Riyadh Named After King Salman
- November 28,2022
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- SUSTG Team
Saudi Arabia plans to build one of the world’s largest airports in the capital Riyadh, named after King Salman, which will be capable of handling 185 million passengers a year and eventually powered by renewable energy, according to a statement from Saudi Arabia’s Public Investment Fund and reported widely by news outlets.
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Data Show Foreign Direct Investment Inflows into Saudi Arabia Falls 85% in Second Quarter on 2021 Aramco Deal
- November 15,2022
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- SUSTG Team
Saudi Arabia recorded second-quarter foreign direct investment (FDI) inflows down 85% year on year, an investment ministry report showed on Tuesday, with the reason for the significant drop attributed to the closing of state-owned Saudi Aramco’s IPO deal in the second quarter of 2021.
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Crown Prince Heads to G20 in Indonesia as Chinese Leader Xi Jinping Reportedly Eyes December for Saudi Visit
- November 14,2022
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- SUSTG Team
Crown Prince Mohammed bin Salman of Saudi Arabia will represent the Kingdom at the G20 in Indonesia at this year’s meetings, and will visit other Asian countries as part of the trip, state news agency SPA reported.
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MUST-READS
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TurkeyTurkey sends Libya maritime accord to U.N. for approval: source
Turkey on Thursday sent its accord with Libya on a maritime boundary between the two countries to the United Nations for approval, a Turkish diplomatic source said, despite objections from Greece that the agreement violates international law.
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U.S.-TurkeyThe Pentagon Isn’t Sure What to Do with Turkey’s Undelivered F-35s
Congress is offering the Defense Department the option to purchase Turkey's F-35 Joint Strike Fighters and giving the defense secretary discretion to spend up to $30 million to store the fifth-generation jets until a plan for their use is formalized, according to the final version of the National Defense Authorization Act for fiscal 2020.
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Jamal KhashoggiU.S. bars former Saudi diplomat in Turkey from entering U.S. over Khashoggi murder
The United States on Tuesday barred from entering the country Mohammed al Otaibi, who served as the Saudi consul general in Istanbul when Saudi journalist Jamal Khashoggi was murdered in his consulate in 2018, the State Department said.
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LibyaAs Rivals Fight for Control of Libya, Erdogan Says Turkey May Jump In
President Recep Tayyip Erdogan said Turkey might send troops to Libya to counter Russian-backed militia forces.
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TurkeyErdogan says Turkey aims to settle 1 million refugees in Syria offensive area
Turkey aims to settle one million Syrian war refugees in the area of northern Syria where it carried out a military incursion in October, President Tayyip Erdogan said on Monday. He told state broadcaster TRT that Ankara would finance the resettlement on its own if allies did not provide support.
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TurkeyErdogan says Turkey could send troops to Libya if requested
Turkish President Recep Tayyip Erdogan said Tuesday that Turkey could deploy troops in Libya, if the U.N.-supported government in Tripoli were to request such support. Erdogan’s comment came weeks after Turkey signed security and military cooperation agreements, as well as a controversial maritime border agreement, with Libya’s Tripoli-based government. That government, led by Fayez Sarraj, controls parts of the country’s west.
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NATOTurkey drops block on defence plan for Baltics – NATO chief
NATO Secretary-General Jens Stoltenberg said on Wednesday that Turkey had dropped its block on a plan to bolster the defences of Baltic states and Poland against Russia.
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Turkey in the RegionTurkey’s Erdogan meets Qatar’s emir to discuss regional issues
According to data from the state-run Turkish Statistical Institute, Turkey's exports to Qatar reached $1.1bn in 2018, an increase of 69 percent compared with $650m the previous year.
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U.S.-TurkeyUS and Turkey have friendly talks but differences persist
The Turkish president told reporters he might be persuaded to use the U.S.-made Patriot system “as well” as the Russian S-400. Trump said they would agree to keep working on the issue.
- Bloomberg - Trump Says Turkey’s Plan for S-400 Raises ‘Serious Challenges’
- Defense One - Erdoğan Defies Trump. So Why Do They Get Along?
- The Hill - Trump: Erdogan has 'great relationship with the Kurds'
- Business Insider - Turkey's president gave Trump back a wild, threatening letter warning him against being 'a fool' and 'the devil' in Syria
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TurkeyTurkey Gathered Information in the U.S. Against Its Critics
The documents underscore Ankara’s intense antipathy toward individuals and groups it sees associated with Fethullah Gulen, an Islamic cleric who leads a world-wide political movement from exile in rural Pennsylvania.
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