Analysis

U.S. Defense Secretary Austin, Crown Prince Mohammed bin Salman Speak by Phone; U.S. ’emphasized U.S. Commitment to Helping Saudi Arabia Defend its Territory’

• SUSTG Team
• |
• 6. 3. 2021

U.S. Defense Secretary Lloyd J. Austin III spoke with Saudi Crown Prince Mohammed bin Salman on Wednesday and emphasized that the U.S. was committed to helping Saudi Arabia defend its territory and people, the Pentagon said in a statement.

• 

  OPEC+ Believes Glut Created with Pandemic ‘Nearly Gone’, Sees Stockpiles Diminishing Rapidly in 2021 – Report

  SUSTG Team  |  6. 1. 2021

  The so-called OPEC+ coalition of oil-producing nations lead by Saudi Arabia and Russia is "expecting world oil markets to get acutely tight" in 2021, a year after taking the unprecedented steps of slashing production in the face of weak demand created by the Coronavirus pandemic, Bloomberg reports.

• 

  Entertainment Activities to Resume in Saudi Arabia after Coronavirus Shutdowns, Authorities Announce

  SUSTG Team  |  5. 28. 2021

  Saudi Arabia has announced that entertainment activities and events across the Kingdom may resume after months of shutdowns and cancellations in order to curb the spread of the Coronavirus pandemic, according to Gulf News.

• 

  Saudi Arabia Issues International Travel Guidelines for Vaccinated Residents, Ramps Up Vaccination Drive

  SUSTG Team  |  5. 24. 2021

  Saudi Arabia released new guidelines for resident travelers who are vaccinated, allowing them to travel abroad and return if they do not enter or pass through certain countries.

• Travel

  

  Saudi Arabia Opens Up International Travel; Saudis Rejoice

  SUSTG Team  |  5. 17. 2021

  Vaccinated Saudis will be allowed to leave the kingdom for the first time in more than a year on Monday as the country eases a ban on international travel, the AP reports.

• PIF

  

  Saudi Arabia’s Public Investment Fund Reportedly Eyes IPO for Security Company Elm

  SUSTG Team  |  5. 11. 2021

  Elm, the digital security firm owned by Saudi Arabia’s Public Investment Fund (PIF), is exploring a roughly $2 billion initial public offering (IPO), Bloomberg reports.

• 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")