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Recent stories from sustg
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Green Riyadh Project Launches as Authorities Eye Ambitious ‘Giga’ Tree-Planting Initiatives
- December 29,2022
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- SUSTG Team
Authorities in Saudi Arabia’s capital Riyadh launched the Green Riyadh project, one of four giga-projects for the city and region: an ambitious tree-planting strategy to “greenify” many parts of the Kingdom’s largest city, according to a report from the Saudi Gazette.
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Bill Foster from the Jones Group Saudi Arabia and Chairman of AmChamKSA joins The 966
- December 16,2022
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- SUSTG Team
Captain Bill Foster, USN (retired) is President of Jones Group Middle East, a wholly owned subsidiary of Jones Group International, and is Chairman of the The American Chamber of Commerce Saudi Arabia (AmCham Saudi Arabia). Foster joins The 966 from Riyadh, where he talks about the changes ongoing in the Kingdom and the important work […]
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Saudi Arabia’s Sindalah Island, Neom’s ‘Yachting Hub’, to Open in 2024 with Golf Course, 40 Restaurants
- December 6,2022
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- SUSTG Team
Saudi Arabia’s Sindalah Island, off the coast of NEOM in Saudi Arabia, will open by 2024 and will include a beach club, yacht club and almost 40 restaurants, new details released about the project yesterday confirm.
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HRH Prince Turki Al-Faisal Al-Saud talks about his father King Faisal’s legacy, the King Faisal Foundation’s decades of work, and U.S.-Saudi relations
- December 2,2022
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- SUSTG Team
An interview and conversation with the legendary HRH Prince Turki Al-Faisal Al-Saud, who joins The 966 to share some stories and his anecdotes about his late father, King Faisal bin Abdulaziz Al-Saud. King Faisal’s death lead his sons to create the King Faisal Foundation to honor his visionary legacy and generous spirit. HRH Prince Turki […]
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Saudi Arabia Stuns World With Upset Win Over Argentina in Qatar World Cup Opener; King Salman Declares Wednesday a Holiday
- November 22,2022
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- SUSTG Team
In what some analysts are already classifying as one of the greatest upsets in the history of the World Cup, Saudi Arabia stunned tournament favorite Argentina, 2-1, in its opening match at Lusail Stadium in Doha.
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Saudi Economy Continues Growth Streak as Non-Oil PMI Continued in Expansion Mode in September – Jadwa Chartbook
- November 1,2022
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- SUSTG Team
Saudi Arabia’s non-oil economy continued to grow in September as data continues to point to 2022 being a year in which the Kingdom outperforms economies around the world in growth, according to the latest Jadwa Investment Chartbook for the month of September 2022.
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OPEC+ and the American uproar with Colby Connelly from Energy Intelligence, plus Riyadh Season’s big events and more…
- October 14,2022
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- SUSTG Team
Episode 62! Energy Intelligence’s Colby Connely joins The 966 to talk about oil markets, the big kerfuffle here in the United States caused by the OPEC+ decision, and some more on that hot topic. But first, the hosts discuss new statistics on Saudi Arabia’s population, Riyadh Season 2022, and then conclude as always with the […]
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Saudi Arabia’s Population Grows 9.3% in 2021, Officially Reaching 34 million
- October 11,2022
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- SUSTG Team
Saudi Arabia’s population reached 34 million people in 2021, according to a recent report by Saudi Arabia’s Ministry of Health and published in the Saudi Gazette, at an annual growth rate of 9.3%.
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Saudi Telecom Giant STC Plans $1 Billion in Investments to Transform Kingdom into Regional Data Hub – Report
- October 4,2022
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- SUSTG Team
Saudi Arabia’s Saudi Telecom Co. (STC), the Middle East’s most profitable mobile operator, “plans to spend about $1 billion to transform the kingdom into a regional data hub, and may sell a stake in its data hub, called Center3, business to finance the plans,” Bloomberg reports.
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Middle East Regional Carriers to Spend $765 billion by 2040 on Fleet Expansion, Boeing Says
- September 19,2022
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- SUSTG Team
Carriers in the Middle East are set to expand its fleet with an additional 2,980 commercial jets in the next two decades, spending upwards of $765 billion on new planes, major supplier Boeing said on Monday in Dubai. The new planes will be required to meet the strongly recovering demand for both passenger and cargo […]
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MUST-READS
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China in the RegionChina Gets Another Shot at Mideast Energy With Total’s Iran Exit
Total SA’s withdrawal from Iran’s giant South Pars gas field has given China another chance to secure a stake in the world’s most coveted energy assets: abundant and low-cost Middle Eastern oil and gas.
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Iran SanctionsChina Shipowners Stop Hauling Iranian Oil as U.S. Sanctions Near
All 17 ships used to carry oil from the Islamic Republic to China in July and August are owned by the state-run National Iranian Tanker Co., according to ship-tracking data compiled by Bloomberg.
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Global Energy MarketsEnergy Implications of Economic Growth in China and India
Energy consumption in non-OECD countries began exceeding OECD consumption in 2007 and is estimated to reach nearly two-thirds of the 739 quadrillion Btu global energy consumption in 2040.
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China in the RegionChina’s power in the Middle East is rising
The BRI, a set of maritime and overland trade and infrastructure programs, is meant to link China with states across Eurasia and Africa. MENA is a geostrategically crucial hub linking several Eurasian regions and is therefore critical to the BRI’s success.
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IranChina Rejects U.S. Request to Cut Iran Oil Imports
The U.S. has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow to President Donald Trump’s efforts to isolate the Islamic Republic after his withdrawal from the 2015 nuclear accord.
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Dubai ChinatownBringing China to the Middle East in a big way
Within the last four years, there has been a growth of almost 120 per cent in the number of Chinese visitors to Dubai with a year-on-year increase of more than 40 per cent between 2016 and 2017.
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Belt and Road InitiativeTrump’s trade war sees China make gains in the Gulf
As the United States buckles down on its trade war and hikes up its tariffs on Chinese imports, China has been busy tightening up its Belt and Road Initiative (BRI), with several new projects announced during a flurry of visits to Middle Eastern and African countries since the start of the trade war in July.
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DjiboutiWill Djibouti Become Latest Country to Fall Into China’s Debt Trap?
Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year: It has borrowed more money from China than it can pay back.
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China in the RegionChina probing emerging UAE reserves
The Abu Dhabi National Oil Co. awarded a subsidiary of China National Petroleum Co. with a $1.6 billion contract to conduct seismic surveys covering about 20,000 square miles onshore and offshore. ADNOC said that makes it the largest survey of its kind in the world.
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UAEChina’s Silk Road Fund to Buy 24% of U.A.E. Solar Thermal Plant
China’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates.
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