Analysis

TOURISM

Saudi Arabia to Serve as Launch Point for Major Cruise Line for First Time in 2021

• SUSTG Team
• |
• 5. 5. 2021

Saudi Arabia will become the launch point for a major cruise line for the first time later this year, CNN reports, with MSC Cruises operating a new series of voyages exploring the Red Sea coast of the Kingdom.

• Vision 2030

  

  Saudi Arabia Crown Prince: U.S., Saudi Arabia Still ‘Brothers’, Says Differences Minimal

  SUSTG Team  |  4. 28. 2021

  Crown Prince Mohammed bin Salman of Saudi Arabia said in televised remarks aired on Tuesday in the Kingdom that the United States was still a strong strategic partner under the Biden administration and that Riyadh and Washington had only a few differences which it was working to resolve.

• Media

  

  Vice Media Group to Partner with SRMG, Open Office in New Trendy Arts and Culture District in Riyadh

  SUSTG Team  |  4. 2. 2021

  Edgy global media brand VICE Media Group today unveiled the expansion of its commercial operations into Riyadh with the launch of a new local office and partnership with top Saudi media brand, the Saudi Research and Marketing Group (SRMG).

• Lucid

  

  Report: Lucid Motors Committed to Building Factory in Saudi Arabia after PIF Investment Round

  SUSTG Team  |  3. 10. 2021

  The report says that the promise by Lucid to the PIF was made in exchange for the PIF's $1 billion investment, long before a recent deal by the company which agreed to a special-purpose acquisition company merger ("SPAC")

• Economy

  

  Saudi Economy: Latest Economic Indicators Point to Evidence of Recovery — Jadwa Investment

  SUSTG Team  |  3. 2. 2021

  Economic indicators for the Saudi economy from the month of January continued to point to a recovery in the non-oil sector, Jadwa Investment says in its latest Chartbook detailing the fundamentals of the Kingdom's economy.

• Investment

  

  Saudi Arabia’s PIF Significantly Increases Investments in U.S. Markets, Wins Big on Live Nation

  SUSTG Team  |  2. 22. 2021

  Saudi Arabia's Public Investment Fund (PIF) significantly increased its holdings and investments into U.S. companies in the fourth quarter (Q4) of last year, public filings made public last week show, after slashing its exposure in Q3.

• Tourism

  

  Dazzling Designs Revealed for a ‘Coral Bloom’ Concept at Saudi Arabia’s Red Sea Project’s Main Hub Island at Shurayrah

  SUSTG Team  |  2. 12. 2021

  Saudi Arabia this week unveiled a new, visionary design and plans for the Red Sea project's main hub island at Shurayrah, a "Coral Bloom" concept created by world-renowned architecture firm Foster + Partners.

• Golf

  

  Johnson Favored as Saudi Arabia Gears Up for 3rd Saudi Invitational; Nicklaus Agrees to Design New Course at Qiddiyah

  SUSTG Team  |  2. 2. 2021

  Saudi Arabia's flagship annual golf tournament begins Thursday with world number one golfer Dustin Johnson as the favorite to win at the Royal Greens Golf Club in King Abdullah Economic City, Saudi Arabia.

• Security

  

  In ‘Routine’ Action, New Biden Administration to Review Some Arms Sales from Previous Administration to Saudi Arabia, UAE

  SUSTG Team  |  1. 28. 2021

  President Joe Biden’s administration has temporarily paused some pending arms sales to U.S. allies in order to review them, a move that is typical for most new incoming administrations, especially if arms sales are announced just hours before the outgoing administration departs.

• 

  First American Chamber of Commerce Established in Riyadh; ABGR Becomes AmCham KSA

  SUSTG Team  |  1. 20. 2021