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Saudi Civil Aviation Authority Chief Replaced as Kingdom Set to Reopen International Flights on May 17
- March 12,2021
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- SUSTG Team
Saudi Arabia’s civil aviation authority said the Kingdom will resume international flights on May 17 after they have been earlier suspended due to coronavirus travel restrictions, according to reports citing a circular.
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Saudi Arabia is Improving its Air Defenses Against Missile Attacks
- March 11,2021
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- SUSTG Team
Saudi Arabia’s air defenses “appear to be coping better with long-range attacks on the kingdom,” defense and security publication IHS Jane’s said, as Saudi Arabia continues to fend off cross-border attacks from Yemen’s Iran-backed Houthis.
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Saudi Arabia Now the ‘Top Theatrical Market in the Middle East’ and is now a ‘Major Driver for Arabic Film Production’ – Variety
- March 5,2021
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- SUSTG Team
Saudi Arabia’s historic re-opening of cinemas three years ago was the start of a major cinema and film boom in the Kingdom, making the Kingdom “the top theatrical market in the Middle East and is turning into a major driver for Arabic film production,” a top Hollywood publication reports.
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U.S. Secretary of State Blinken, Saudi FM Discuss Yemen Cooperation by Phone; State Department Condemns Houthi Attacks
- February 11,2021
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- SUSTG Team
U.S. Secretary of State Antony Blinken discussed diplomatic efforts to end the war in Yemen and bolstering Saudi Arabia’s defenses in a call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud on Wednesday, the U.S. State Department said.
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Rare Rain Challenges Golfers on Second Day of Saudi International at KAEC
- February 5,2021
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- SUSTG Team
It only rains an average of 6 days a year at the King Abdullah Economic City near Jeddah, Saudi Arabia, but tour professionals visiting the Kingdom for the Saudi International powered by SoftBank Investment Advisers had to deal with on-and-off showers on day two in their battle to advance up the leaderboard.
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Report: U.S. Exploring New Bases, Access in Saudi Arabia to Counter Iran Threat
- January 26,2021
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- SUSTG Team
The U.S. military is “exploring the possibility of using a Red Sea port in Saudi Arabia and an additional two airfields in the kingdom” amid heightened tensions with Iran, the military said Tuesday, part of a preliminary agreement reached between the U.S. and Riyadh, according to several reports.
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Saudi Arabia’s Public Investment Fund Launches 5-Year Strategy, Including VRP Program for 2021-2025
- January 25,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) announced a new five-year investment strategy, including its own Vision Realization Program (VRP) 2021-2025, with the goal of doubling its assets to 4 trillion riyals ($1.07 trillion) by 2025, according to comments made by Crown Prince Mohammed bin Salman in a public appearance on Sunday.
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Saudi Arabia’s New Open Banking Policy to Turbocharge Digital Innovation
- January 15,2021
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- SUSTG Team
Saudi Arabia’s central bank, the Saudi Arabian Monetary Authority (SAMA), is introducing an open banking policy to advance digital innovation in the financial services sector, the body announced this week.
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Energy Minister Prince Abdulaziz bin Salman: New Saudi Cut Is ‘Commercial Choice, Not Political’
- January 7,2021
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- SUSTG Team
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman called this week’s surprise oil output cut for February and March a “wonderful present” for the oil industry and will affect both domestic sales and exports, and said that the choice for a cut was commercial and not political.
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Saudi-led Coalition Strikes Targets in Yemen after Aden Airport Attacked
- December 31,2020
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- SUSTG Team
Saudi-led coalition warplanes struck targets in Yemen’s Houthi-held capital Sanaa on Thursday in retaliation for attacks in the southern port city of Aden the previous day, including at the airport which killed at least 25, according to reports. The attacks at the Aden airport on Wednesday took place as officials in a government backed by […]
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MUST-READS
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Perspective: Saudi Arabia Turns Toward China
On a recent three-week visit to Saudi Arabia, I met with a dozen senior ministers and royal court advisers as well as ordinary Saudis of long acquaintance. What I found was a kingdom grown confident about its domestic economic reforms and increasingly assertive in its foreign policy—perhaps out of necessity.
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China, India and Other Developing Nations Seek $1.3 Trillion a Year in Climate Finance
Most of the world’s developing countries have backed a demand for wealthy nations to channel at least $1.3 trillion in climate finance to them annually starting in 2030, the opening salvo in one of the most contentious negotiating topics at the COP26 climate summit.
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Saudi Wealth Fund Moves Step Closer to Direct China Stock Deals
The $450 billion Public Investment Fund has applied for a Qualified Foreign Institutional Investor license in China, according to information published on the website of the country’s top securities regulator. That will give it the ability to directly trade renminbi-denominated stocks, rather than having to go through third parties.
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China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint
China’s natural gas needs are already huge and growing steadily as it pledges to cut demand for coal and seeks to hit a peak of carbon emissions by 2030. China is likely to overtake Japan this year as the world’s biggest importer of LNG. Natural gas accounted for around 8% of China’s total energy in 2020, up from around 3% in 2009.
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Is India Abandoning Iran for a Middle Eastern Quad, or Merely Signaling China?
The talks initially began as a trilateral U.S.-Israel-UAE meeting on October 13 in Washington that focused on the Abraham Accords and Iran’s nuclear program. Another meeting was held virtually five days later, this time with India participating as a fourth member. Although India’s relations with Tehran have been bogged down by the impact of U.S. sanctions and commercial disputes, involving key projects such as the Chabahar Port railway and Farzad-B gas field, India nevertheless views Iran as an important partner.
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Iran Doubles Down on China to Hedge Against the West
For Iran’s new president, the acceptance into the Shanghai Cooperation Organization is an important diplomatic achievement as Raisi tries to bolster his image as a statesman and look toward the East for economic and strategic partnerships.
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China declines to speed emissions cuts in UN pledge ahead of COP26
The new documents come just days ahead of the UN climate summit (COP26) in Glasgow. China is by far the world's largest greenhouse gas emitter, and its emissions path is key to whether the temperature-limiting goals of the Paris agreement can remain within reach.
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China’s BRI and Saudi Vision 2030: A Review to Partnership for Sustainability
This study reviews the comprehensive strategic partnership between Saudi Arabia and China and the interconnection between China’s Belt and Road Initiative (BRI) and Saudi Vision 2030. These connections have significantly improved cooperation in trade, investment, energy and new technology development over the last seven years. Saudi Arabia can further its cooperation with China on the circular carbon economy (CCE) through both bilateral and multilateral frameworks.
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China’s ‘sinicization’ push leads to removal of mosque domes
China is removing the domes and minarets from thousands of mosques across the country. Authorities say the domes are evidence of foreign religious influence and are taking down overtly Islamic architecture as part of a push to sinicize historically Muslim ethnic groups — to make them more traditionally Chinese.
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Saudi Sept oil supplies to China up 2%, Russian volumes down 18%
Saudi oil arrivals totalled 7.96 million tonnes, or 1.94 million barrels per day (bpd), data from the General Administration of Customs showed. That was up from 1.89 million bpd in September last year, but just below 1.96 million bpd in August.
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