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Recent stories from sustg
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Jadwa Investment: Saudi GDP to Grow 7.7% in 2022
- February 17,2022
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- SUSTG Team
Saudi Arabia’s economy will “exhibit strong levels of growth in 2022, as pandemic related uncertainty and volatility seen over the last couple of years diminishes,” according to a new report from Riyadh-based Jadwa Investment, which said that the Kingdom’s overall GDP will expand by 7.7 percent in 2022.
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Saudi Arabia Transfers 4% of Aramco Shares Valued at $80 billion to Public Investment Fund
- February 14,2022
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- SUSTG Team
Saudi Arabia transferred shares worth about $80 billion in oil giant Aramco to the Public Investment Fund as part of efforts to move forward economic diversification efforts, according to reports.
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Fitch, Moody’s Rates Public Investment Fund of Saudi Arabia ‘A’ and ‘A1’; Outlook Stable
- February 8,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has been assigned debut ratings by agencies Fitch and Moody’s, receiving an ‘A’ rating and ‘A1’ rating, respectively.
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KAPSARC’s Adam Sieminski joins The 966 to talk renewable energy and the circular carbon economy
- January 21,2022
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- SUSTG Team
The 966 welcomes a special guest for Episode 22 from Riyadh: Adam Sieminski, who just finished serving as President of KAPSARC, the leading think tank based in Saudi Arabia. Adam previously was the head of the U.S. Energy Information Agency, and was the senior director for energy and environment on the U.S. National Security Council […]
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Saudi Arabia Set to Send First Athlete to Winter Games in Beijing
- January 17,2022
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- SUSTG Team
The Kingdom of Saudi Arabia will be participating for the first time in history in the Winter Olympic Games in Beijing, China.
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The 966 Episode 21: A deep dive on the homegrown Saudi defense industry and the U.S.-Saudi security relationship with David Des Roches
- January 14,2022
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- SUSTG Team
Episode 21 of The 966 has the hosts welcoming special guest and security expert David Des Roches, Associate Professor at the National Defense University and a Non-Resident Fellow, AGSIW. Des Roches joins The 966 to discuss the status of the U.S.-Saudi security relationship and how Saudi Arabia is progressing in its efforts to develop a homegrown […]
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Episode 17: The Diriyah Art Biennale, The Red Sea Film Festival wraps, Philosophy in Saudi, and Expo Saudi 2030?
- December 17,2021
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- SUSTG Team
This week, the hosts discuss the Kingdom’s 2022 budget, the Diriyah Art Biennale ongoing now outside of Riyadh, the Red Sea film festival, a philosophical discussion in Saudi Arabia, and whether the Kingdom will host Expo 2030.
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Tadawul IPO Surges in Debut, CEO Says 50 Companies have Applied for 2022 Listing
- December 9,2021
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- SUSTG Team
Saudi Tadawul Group’s IPO raised $1 billion, with shares rising as much as 22% on Wednesday, marking the biggest exchange IPO since Euronext went public in 2014.
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Saudi Arabia Announces Two New Mega-Development Plans in a Week
- November 17,2021
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- SUSTG Team
Saudi Arabia is full steam ahead with ambitious, large-scale new developments in the Kingdom, with two new projects announced this week alone.
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Saudi Telecom to Build Region’s Largest Cloud-Enabled Data Center with $400 Million Investment
- November 15,2021
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- SUSTG Team
Saudi Telecom Co (STC), the biggest telecommunications company in the Middle East, will invest 1.5 billion riyals ($400 million) “to build the largest cloud-enabled data center in the region as the oil rich-kingdom seeks to become a center for digitalization,” Bloomberg reports, citing a spokesman for the company.
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MUST-READS
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China in the Region‘Significant’ consequences if China takes over Djibouti port, says US general
Marine General Thomas Waldhauser said in his remarks to lawmakers that China could theoretically cut off supplies to a US base in the northeast African nation of Djibouti, if they “took” the port there.
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ChinaChina’s Cyber Militias
China’s military cyber power capabilities are increasingly being augmented by a growing civilian dimension to increase potency. At first glance, this would seem to be in conflict with the strident centralization reforms that have characterized recent domestic Chinese policy.
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U.S. Middle East PolicyAfter ISIS, U.S. military confronts challenge from Russia, China in Middle East
The United States must contend with growing competition from Russia and China across the Middle East following the defeat of the Islamic State, a senior U.S. official told lawmakers Tuesday.
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Saudi EconomySaudi internal rebalance now resembles China: Video
Emad Mostaque, co-chief investment officer at Capricorn Fund Managers, discusses reforms made to the Saudi Arabian economy.
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China in the RegionCommentary: China’s step into the maelstrom of the Middle East
The Middle East has a knack for sucking external powers into its conflicts. China’s ventures into the region have shown how difficult it is to maintain its principle of non-interference in the internal affairs of other states.
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Trade WarPerspective: If US-China trade war goes global, it has big implications for Mideast
If the Chinese and other Asian economies slow down as a result of a trade war, it is bad news for the region’s biggest export earner.
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Saudi Aramco IPORussia May Invest in Saudi Aramco IPO Via Fund With China
Russian banks and a joint Russia-China investment fund are eager to participate in Saudi Aramco’s initial public offering, according to the head of a sovereign Russian investment fund.
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Oil FuturesHow China Is About to Shake Up the Oil Futures Market
China, the world’s biggest oil buyer, is opening a domestic market to trade futures contracts. It’s been planning one for years, only to encounter delays.
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MaldivesMaldives’ embattled president sends envoys to China, Saudi for support
The embattled president of the Maldives has sent envoys to friendly nations such as China, Pakistan and Saudi Arabia to brief them on a political crisis in the Indian Ocean nation that spurred the imposition of a state of emergency, his office said.
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China in the RegionChina rewrites the rules on how to rise in influence in the Middle East
The path China is blazing in the Middle East is rewriting the rule book on how to become important and influential – economically, politically and diplomatically – without using military force to either project power or use it as a bargaining chip.
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