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Recent stories from sustg
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Understanding the Saudi-Iran agreement with a trio of special guests: Saudi Embassy Spokesperson Fahad Nazer, CSIS’ Dr. Jon Alterman, and Saudi Foreign Policy Expert Dr. Aziz Alghashian
- March 24,2023
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- SUSTG Team
Saudi Arabia and Iran recently agreed to normalize ties between the two regional powers after seven years. The 966 speaks with three top voices to understand the deal and the potential road ahead for Saudi Arabia, Iran, China, the United States, and other regional and global players.
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Iran’s Government Proposes Three Locations for Meeting of Foreign Ministers; Riyadh Reportedly Invites President to Visit
- March 20,2023
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- SUSTG Team
The Iranian government has proposed to Saudi Arabia three locations for a meeting of foreign ministers, according to Iran’s foreign minister, as the two countries move forward with re-establishing ties.
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Saudi Arabia Records 31 Percent Rise in Government Revenues in 2022 – MOF
- March 9,2023
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- SUSTG Team
Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Makes Surprise Visit to Ukraine, Signs Deals
- February 27,2023
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- SUSTG Team
Saudi Arabia’s foreign minister Prince Faisal bin Farhan Al-Saud made a surprise visit to Ukraine’s capital, Kiev, and met with Ukraine’s President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dmytro Kuleba, and others.
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Lydia Ko Wins 2023 Aramco Saudi Ladies International with One Shot Victory at Royal Greens
- February 20,2023
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- SUSTG Team
Lydia Ko fired a final round of 68 (-4) to win the 2023 Aramco Saudi Ladies International presented by Public Investment Fund by one stroke.
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FDI Inflows into Saudi Arabia Soar in 3Q 2022; MISA Says Investment Licenses Granted Up Over 50%
- February 7,2023
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- SUSTG Team
Saudi Arabia saw more positive economic news this week, as Foreign direct investment (FDI) inflows into the Kingdom rose 10.7% in the third quarter of 2022 over the same period a year earlier. Figures from the investment ministry showed FDI inflows totaled 7.2 billion riyals ($1.9 billion) in the third quarter of 2022, up from 6.5 billion riyals […]
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Saudi Arabia’s PIF Remains 6th Largest SWF Globally, Latest Data Show
- January 30,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) now has assets worth $607.42 billion and is the 6th largest sovereign wealth fund in the world, according to latest data from the Sovereign Wealth Fund Institute.
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Real estate in Saudi Arabia, Riyadh’s $22.5 BILLION metro, and the Ronaldo-Messi-Mbappe game
- January 20,2023
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- SUSTG Team
In episode 72 of The 966, the Riyadh Metro project, the game-changing public transportation project in Saudi Arabia’s capital, “will be opened soon.” A discussion on the hot real estate market in Riyadh and across Saudi Arabia. Then, to kick off the program’s “Yallah!” segment, the hosts spend some time talking about the Dakar Rally, […]
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Saudi Arabia’s Ma’aden Forms JV with the Public Investment Fund (PIF) to Invest in Mining Assets Abroad
- January 11,2023
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- SUSTG Team
Saudi Arabia will establish a firm to invest in mining assets internationally, according to reports.
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Soccer Superstar Captain Cristiano Ronaldo Joins Saudi Club Al-Nassr
- January 2,2023
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- SUSTG Team
Portugal captain Cristiano Ronaldo has joined Saudi Arabian club Al Nassr on a 2-1/2 year contract, the club announced on Friday, after leaving Manchester United disgruntled with ownership and manager Erik ten Hag to become a free agent ahead of the World Cup.
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MUST-READS
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King SalmanHow will the new King Salman change Saudi Arabia?
He is also the family disciplinarian. When Saudi princes and princesses got into trouble, Khaled Almaeena says, it was Prince Salman who would quietly sort things out.
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Saudi-EgyptSaudi Arabia’s Egypt stance ‘unchangeable’
Custodian of the Two Holy Mosques King Salman has expressed Saudi Arabia’s close bond with Egypt in a phone call with Egyptian President Abdel Fattah El-Sissi.
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Global Oil MarketsEverything Has Changed: Oil, Saudi Arabia, and the End of OPEC
The ramifications of this decision across the globe, not just in energy markets, but politically, are already having consequences for the global landscape. Lost in the effort to understand the vast implications is an even more important signal sent by Saudi Arabia, the owner of more than 16% of the world’s proved oil reserves, about its view of the future of fossil fuels.
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Tadawul OpeningSaudi Arabia to Allow Foreign Investment in Changed Markets
Saudi Arabia faces some unexpected marketing challenges as it opens its stock market to foreign investment.
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Japan and TerrorismHow an ISIS Beheading Might Change Japan
For Abe, whose Liberal Democratic Party did well in regional elections in December, the crisis with the Islamic State presents Japan with a dilemma. Since assuming the country’s top office, Abe has supported removing Article 9 of Japan’s constitution, a pacifist measure that has guided Japanese foreign policy since World War II. The prime minister has argued that the clause has become anachronistic in a world where China, a longtime adversary, has greatly improved its military capacity. Following the elections in December, Defense Minister Gen Nakatami explained the rationale.
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Saudi Foreign PolicyWill Royal Succession Change Saudi Arabian Role?
Under Abdullah, Saudi Arabia matured as a regional power and assumed new commitment, making it harder to revert to an era of backroom diplomacy, the export of piety and the soft power of petrodollars. What’s not yet clear is whether Salman will continue on that road or make subtle but significant changes.
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Saudi Oil PolicySaudi Arabia’s New King Probably Will Not Change Current Oil Policy
King Salman, Saudi Arabia’s new ruler, will keep Oil Minister Ali Al-Naimi in his post, bolstering expectations that he will continue the policy of maintaining crude output to preserve market share even as prices have plunged.
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Saudi TVSaudi Television must change: Al-Khodairy
Saudi Television is not a charitable society, said Culture and Information Minister Abdul Aziz Al-Khodairy on Sunday, demanding quality TV programs to change the perception about the state television.
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Women DrivingYoung, smart and driving for change in Saudi Arabia
They may not be taking to public spaces any more, owing to the political and military crackdown on them, but it would be wrong to assume the Arab people, especially the young, are happy about the status quo. After all, they are more educated, entrepreneurial, cosmopolitan, and hyperconnected than any previous generation, and they will not become complacent while being subjected to bad policies.
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Climate Summit - LimaLima climate change talks reach global warming agreement
International negotiators at the Lima climate change talks have agreed on a plan to fight global warming that would for the first time commit all countries to cutting their greenhouse gas emissions. The plan, agreed at United Nations talks on Sunday, was hailed as an important first step towards a climate change deal due to be finalised in Paris next year. The proposals call on countries to reveal how they will cut carbon pollution, ideally by March next year.
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