We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • “I live for this, this is why I play football” – Inter assist hero Benjamin Pavard revels in Riyadh success

    The EA Sports FC Supercup final between Inter and Napoli at a sold-out Al Awwal Park was settled by a dramatic late winner from Lautaro Martinez

  • The real reason the Saudi government is investing in sports. Hint: It’s not to impress you.

    If Americans persist in seeing Saudi sports investments primarily as “sportswashing,” they will be scoring own goals. The Saudis will not end their investments in this sector or in many other sectors of the US economy, such as the 60 percent stake it holds in Lucid Motors or its significant investments in Activision Blizzard and Uber. Instead, US-Saudi tensions will cause rifts among athletes, sponsors, and fans, and may preclude cooperation that could be a win-win.

  • Saudi Arabia sports push embraces snooker, with a golden ball

    Saudi Arabia will hold its first major invitational snooker event in March as the kingdom continues to make sizable investments into a growing number of sports. The “Riyadh Season World Masters of Snooker” will take place between March 4 to March 6 at Boulevard Arena in the capital of Riyadh. The inaugural event will feature some of the world’s top snooker players, including Ronnie O’Sullivan — widely recognized as one of the most talented players in the sport’s history — 2019 world champion Judd Trump and 2023 world champion Luca Brecel.

  • The real reason the Saudi government is investing in sports. Hint: It’s not to impress you.

    Understanding the changes occurring in Saudi Arabia is critical for US policymakers and American companies, especially since more big Saudi sports investments are likely around the corner and Riyadh is part of a changing “middle power” geopolitical landscape. The negotiations around the PGA/LIV merger passed a December 31, 2023 deadline but are continuing, with reports that US investors may join the new entity.

  • Al Faisaliah Hotel in Riyadh, Saudi Arabia, has rebranded as Mandarin Oriental Al Faisaliah, Riyadh

    Mandarin Oriental has opened its first property in Riyadh, Saudi Arabia. Al Faisaliah Hotel in Riyadh, Saudi Arabia, has rebranded as Mandarin Oriental Al Faisaliah, Riyadh. The hotel features refreshed interiors and enhanced spa and wellness treatments. Tihany Design led the redesign of the guestrooms, suites, a ground floor lobby, level on meeting rooms and three atriums. The north building now offers multiple new room and suite categories. The hotel offers nine dining destinations, a gym, a 16-meter swimming pool with waterfalls, steam baths and Finnish-style saunas.

  • IBM inaugurates regional Saudi headquarters in Riyadh

    Global technology and cloud giant IBM has inaugurated its regional headquarters in Riyadh, as part of its mission to accelerate digital transformation in Saudi Arabia’s business landscape and society. Having received a formal nod to establish its regional headquarters last year, IBM and the Ministry of Investment have now formally celebrated the milestone at a joint signing ceremony.

  • Almosafer becomes inaugural travel partner of Riyadh Air, CEO reveals

    Saudi ravel company Almosafer has become the inaugural partner of the Kingdom’s new flag carrier, Riyadh Air, according to a senior executive. Speaking to Arab News on the sidelines of the second Saudi Tourism Forum in Riyadh, the CEO of Almosafer – which is part of Seera Group – Muzzammil Ahussain noted that the companies will work together to merge their technologies. The integration aims to ensure that Riyadh Air’s content will be available for customers on the company’s platform.

  • Saudi news: Aramco’s new VC money, a new Saudi doc on Netflix, Nadal + Saudi tennis, and more

    6 top storylines on Saudi Arabia: •The 54th Annual Meeting of the World Economic Forum (WEF) is taking place in Davos-Klosters, Switzerland, from January 15–19. •Aramco, one of the world’s leading integrated energy and chemicals companies, has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures. •Analysts at real estate firm Savills KSA told Arabian Business that apartment rents in Riyadh surged by as much as 23 percent in northern neighborhoods last year. •Aramco Digital and Intel plans to establish Saudi Arabia’s first Open RAN (radio access network) development center •Konoz, an initiative of the Saudi Ministry of Media’s Center for Government Communication, launched "Horizon", a new documentary documenting the Kingdom’s rich biodiversity and natural resources. •Rafael Nadal's role in helping to grow tennis in the Gulf is set to increase significantly after the Spanish great was appointed ambassador of the Saudi Tennis Federation (STF).

  • Riyadh’s multi-billion EV dream risks crashing into reality

    Riyadh has spent billions to try to turn itself into a hub for electric vehicles and overcome obstacles including a lack of infrastructure, talent and raw materials, as it seeks to catch up in the global race to reap the profits of the new industry. As part of a broader plan by Saudi Crown Prince Mohammed bin Salman to wean the economy off oil and create jobs, the kingdom has invested at least $10 billion in U.S.-based Lucid Motors, set up Ceer, Saudi Arabia's own brand, and built an EV metals plant.

  • World’s Most Ambitious Trade Route Stalls in Middle East Turmoil

    A far-reaching plan to channel Europe-Asia trade through the Middle East is at risk of stalling before it even gets started. The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor — a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks disrupt Red Sea shipping and turmoil spreads across the region, IMEC is effectively on ice. That’s a setback for US strategy, because the plan served multiple purposes – to counter China’s Belt and Road infrastructure program, build influence in the so-called “Global South,” and speed up the hoped-for rapprochement between Israel and Saudi Arabia.