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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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RaqqaUS’s Carter Talking With Turkey About Seizure of Raqqa
The United States is continuing to talk with ally Turkey on the role it will play in the operation to seize the city of Raqqa, Islamic State's main stronghold in Syria, U.S. Secretary of Defense Ash Carter said on Wednesday.
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TurkeyTurkey: Getting worse before it gets better
The raid is just the latest in the Turkish leadership’s clampdown on democratic civil society institutions in the aftermath of the coup attempt in July, as well as its crackdown on supposed regime opponents more broadly.
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TurkeyTurkey’s Ongoing Military Purge Drives, Complicates Regional Ambitions
In an ambitious effort to ensure that Turkey plays a leading role in shaping Iraq and Syria after the ouster of the Islamic State, Turkish officials have gone on the offensive in recent months, deploying troops across borders, issuing threats to foreign governments, and publicly yearning to claw back former Ottoman territory carved away nearly a century ago.
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Turkey-IraqTurkey’s Role in Mosul Prompts Reassurance and Anxiety in the Gulf
Few outside forces that are not directly involved in the conflict in Iraq have more at stake in the outcome of the battle over Mosul than Gulf Arab countries.
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Turkey-IraqAre Turkey and Iraq Headed for War in Mosul?
Baghdad and Ankara agree on the goal of removing ISIS but not on much else. Based on conversations I had during my visit last week to Turkey and Kurdistan, the disagreement has five key elements.
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TurkeyTurkey’s Erdogan struggles to realise his Middle East ambitions
President’s frustrated policy goals play out in reclaimed Syrian town of Jarablus
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IraqPentagon says fierce Iraq-Turkey feud won’t hinder key Islamic State battle
An ugly public feud between two key U.S. allies in the fight against the Islamic State will not affect plans for recapturing a key city from the group, a Pentagon spokesman said Wednesday.
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IraqTurkey, Iraq Edging Closer to Confrontation Ahead of Battle for Mosul
Just weeks before Iraqi troops are to begin their push to retake the Islamic State-held city of Mosul, an unexpected wrinkle has appeared: Turkey wants in on the fight, and refuses to pull its troops out of Iraq despite Iraqi threats that Ankara’s refusal could lead to war.
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TurkeyRussia and Turkey sign gas deal, seek common ground on Syria as ties warm
Turkey and Russia signed an agreement on Monday for the construction of a major undersea gas pipeline and vowed to seek common ground on the war in Syria, accelerating a normalization in ties nearly a year after Turkey shot down a Russian warplane.
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Turkey-IraqBaghdad bridles at Turkey’s military presence, warns of ‘regional war’
Turkey's parliament voted last week to extend its military presence in Iraq for a further year to take on what it called "terrorist organizations" - a likely reference to Kurdish rebels as well as Islamic State.
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