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An Exclusive Interview with Lina Almaeena on The 966 Podcast
- October 20,2021
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- SUSTG Team
The 966 interviews Saudi Arabia’s Lina Almaeena, who spent well over a decade leading the charge for women’s sports in Saudi Arabia after co-founding Jeddah United Sports Club in 2006. Almaeena then served on Saudi Arabia’s consultative body, the Shura Council, and continues to work to advance women’s empowerment in Saudi Arabia in line with […]
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Saudi FM Prince Faisal bin Farhan, Ambassador Reema bint Bandar Meet with Secretary of State Blinken in Washington
- October 15,2021
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- SUSTG Team
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and Saudi Ambassador to the United States Princess Reema Bint Bandar Al-Saud met with U.S. Secretary of State Antony Blinken in Washington on Thursday, and “exchanged views on Iran’s nuclear program and international talks on the matter,” according to a statement from Saudi Arabia’s foreign ministry […]
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An Interview with the IMF’s Abdullah Hassan, Former Sous-Sherpa for Saudi Arabia for the G20 Meetings
- October 14,2021
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- SUSTG Team
In 2020, Saudi Arabia became the first Arab nation to assume the G20 presidency. Hosting the G20 is a massive undertaking, involving close to two years of event planning, policy development and strategy, and much more.
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Saudi Arabia’s Nayifat Finance Company Latest to Announce IPO Plans on Surging Tadawul
- October 13,2021
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- SUSTG Team
Saudi Arabia’s Nayifat Finance Company said on Tuesday it plans an initial public offering (IPO) on the Riyadh stock exchange with a free float of 35% of its shares, according to a Reuters report. Nayifat, a consumer-focused Islamic finance firm, said in a statement that it plans a sale of 35 million shares to institutional […]
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Crown Prince Announces Launch of New National Investment Strategy to Attract FDI
- October 12,2021
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- SUSTG Team
Saudi Crown Prince Mohammed bin Salman gave details of a new investment strategy, called the National Investment Strategy, on Monday that aims to raise net foreign direct investment to 388 billon riyals ($103.45 billion) annually, the state news agency (SPA) reported.
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U.S. State Department Condemns ‘Outrageous’ Attack by Houthi Forces on King Abdullah Airport in Jazan
- October 11,2021
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- SUSTG Team
The U.S. State Department joined a chorus of other nations in condemning Friday’s attack by the Iran-backed Houthi group on King Abdullah Airport in Jazan, Saudi Arabia that wounded 10. The attack injured both passengers and airport staff when an explosives-laden drone hit King Abdullah Airport on Friday. According to Arab News, the injured included six […]
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Premiere League Set to Give Saudi Green Light for Newcastle Takeover
- October 7,2021
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- SUSTG Team
Saudi Arabia’s PIF has cleared a significant hurdle in its quest to acquire a reported 80 percent stake in Newcastle United, according to reports.
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Biden Administration Welcomes Saudi Engagement with Iran, Talks Still in ‘Exploratory Phase’
- October 5,2021
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- SUSTG Team
The U.S. said it welcomes the news of direct communication between Saudi Arabia and Iran, Jennifer Gavito, deputy assistant secretary for Iran and Iraq at the State Department’s Bureau of Near Eastern Affairs, told CNBC’s Dan Murphy in Dubai.
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Mashable Review: ‘The Lucid Air is the Future of Cars’
- October 1,2021
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- SUSTG Team
Lucid Group, Inc., the electric car maker backed by Saudi Arabia’s Public Investment Fund (PIF), recently gave a sneak peak of its forthcoming Lucid Air Dream Edition to a small group of media representatives at its main factory in Casa Grande, Arizona. One of those media people, Chris Taylor from Mashable, gave the car a […]
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Unemployment Among Saudi Citizens Hits Lowest in the Decade as Economy Continues Recovery
- September 30,2021
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- SUSTG Team
Unemployment of Saudi citizens dropped to 11.3% in the second quarter of this year, the lowest in a decade, according to the government’s General Authority for Statistics, as signs continue to mount that the Saudi economy is continuing to recover from the global pandemic.
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5 Female Saudi Artists Who Will Inspire You
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Saudi Heritage Commission to retrieve underwater artifacts
The designated sites will be photographed using high-quality 3D photogrammetry and video technology, making an accurate map of the wrecks and determining the locations of fixed reference points using the GPS. It will cover more than 25 designated survey sites along the path in Ras Sheikh Humaid, Dubai, Al-Wajh, and Umluj areas, which will also be monitored.
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How might Saudi Arabia’s third sector be developed through public-private partnerships?
In lieu of its development plan, the Saudi government aims to empower the non-profit sector, also known as the third sector, hand in hand with the cooperation of the private sector. Fully aware of the important developmental role the private sector has and its potential impact in the third sector, the Kingdom’s government has actively formed partnerships with private organizations, entrepreneurs, and business owners in different sectors, including education, health, housing, and job employment.
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Boxing: Ramla Ali ‘honoured’ to be part of first female fight in Saudi Arabia
Already used to making history in a career that has taken her from becoming Somalia's first boxer to compete at an Olympic Games, a British Vogue cover model and UNICEF Ambassador, Ramla Ali will mark another major first in Jeddah on Saturday Ali will feature on the undercard of the Oleksandr Usyk versus Anthony Joshua fight in the first professional female bout to take place in Saudi Arabia. She'll face Crystal Garcia Nova of the Dominican Republic.
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China: Saudi Arabia is a ‘strategic partner’
Saudi Arabia is China's "strategic partner", the spokesperson of the Chinese Foreign Ministry, Wang Wenbin, said yesterday. "China and Saudi Arabia are comprehensive strategic partners," Wenbin said. "In recent years, with the commitment and guidance from the leaders of both countries, China-Saudi Arabia relations have grown robustly with fruitful cooperation in various areas." Wenbin added.
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IMF Executive Board Concludes 2022 Article IV Consultation with Saudi Arabia
Saudi Arabia is recovering strongly following a deep pandemic-induced recession. Liquidity and fiscal support, reform momentum under Vision 2030, and high oil prices and production helped the economy recover with a robust growth, contained inflation and a resilient financial sector. The receding effects of the pandemic, rising oil production/prices and a strengthening economy have improved the fiscal and external positions.
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Eros Media World Enters Saudi Via Partnership With Arabia Pictures Group
Indian media and entertainment giant Eros Media World is moving into the rapidly growing Saudi Arabia market, entering a strategic partnership with Riyadh-based content production company Arabia Pictures Group. The pair will explore opportunities in the film, technology and Web3 spaces and eye investments in content production, including end-to-end production, line production, distribution and more. They will also seek to introduce new technologies that can further the growth of the media and entertainment sector in Saudi. Eros and APG are already in the advanced stages of testing movie archive digitization and virtual location scouting technologies.
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Archaeologists in Saudi Arabia Have Unearthed an 8,000-Year-Old Settlement That Includes an Tribute to the Deity Khaal
The Kingdom of Kindah was established in the fifth and sixth centuries by a group of once-nomadic tribes from north and central Arabia. Today, the site sits roughly 400 miles southwest of the Saudi capital city of Riyad.
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China, Saudi Arabia Announce Massive Strategic Partnership Energy Agreement
The world’s largest oil-exporting company Saudi Arabian Oil Company (Saudi Aramco) has signed a memorandum of understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec). According to an official statement from Aramco, the agreement outlines “pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and in the kingdom”.
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8,000-Year-Old Settlement Unearthed in Saudi Arabia
An 8,000-year-old settlement has been discovered by a group of Saudi and French archaeologists working at a site southwest of the Saudi Arabian capital of Riyadh. Led by the Saudi Heritage Commission, the team uncovered the Neolithic-era remains using laser scanning, aerial photography, drones, and various forms of surveying. The archaeologists located the settlement at Al-Faw, an archaeological site that has previously turned up evidence of a strong trade network that sustained an ancient city.
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