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Recent stories from sustg
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PIF Announces Establishment of a Female-Centered Health and Well-Being Company, the Kayanee Company, with Princess Reema Bint Bandar as its Leader
- August 7,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the establishment of a female-centered health and well-being company with Princess Reema bint Bandar as its head, the Saudi Press Agency (SPA) reported.
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PIF Announces Establishment of Sawani Company to Enable Growth of Camel Farming Industry
- July 20,2023
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- SUSTG Team
The Public Investment Fund (PIF) of Saudi Arabia announced the establishment of Sawani Company “to enable the growth of the Saudi camel farming industry and actively contribute to its sustainable development,” the fund said in a press release.
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Aston Martin Ties with Lucid for EV Partnership
- June 26,2023
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- SUSTG Team
Aston Martin Lagonda Global Holdings Plc., maker of the Aston Martin brand of cars, is tying up with Lucid Group Inc. on electric vehicle technology, uniting the British carmaker and relative automotive newcomer both backed by Saudi Arabia’s sovereign wealth fund, according to Bloomberg.
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Global HVAC and smart home leader Johnson Controls Arabia CEO Dr. Mohanad Alshaikh joins The 966
- June 16,2023
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- SUSTG Team
The 966 speaks with Dr. Mohanad AlSheikh, CEO of Johnson Controls Arabia, a leading player in Saudi Arabia and the MENA region’s growing HVAC and smart building market. The 966 hosts ask Dr. Mohanad about the growing business opportunities in the HVAC and smart buildings space in the Kingdom and the wider region, the company’s […]
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Captagon in the Middle East, Messi’s history with Saudi Arabia, and a conversation with Norah Ortiz, owner of Riyadh’s first authentic Mexican restaurant
- May 5,2023
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- SUSTG Team
The 966 Episode 85! The 966 hosts speak with Norah Ortiz, founder of the first authentic Mexican restaurant in Riyadh, Don Reuben’s, which is located in the Diplomatic Quarter. Ortiz tells us her story as an American born in San Diego to Mexican parents and her journey to owning and operating the first authentic Mexican […]
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Saudi Rescue Role in Sudan Continues to Draw US Praise as CENTCOM Commander Thanks Saudi Chief of Defense for Supporting the Evacuation of American Citizens
- May 2,2023
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- SUSTG Team
The commander of U.S. Central Command, Gen. Michael “Erik” Kurilla, called the Royal Saudi Chief of General Staff Gen. Fayyadh Al Ruwaili to thank him and the Kingdom of Saudi Arabia for its support in evacuating American citizens from Sudan amidst the conflict there, as Saudi Arabia continues to aid foreign nations in evacuating civilians […]
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Iran and Saudi Arabia Only Days Away from Re-Opening Embassies – Report
- May 1,2023
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- SUSTG Team
Saudi Arabia and Iran will reopen embassies in each other’s capitals “within days,” Reuters reports, citing Iranian Foreign Minister Hossein Amirabdollahian, though he did not give specific dates for each to re-open.
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President Biden thanks Saudi Arabia as Kingdom Plays Key Role in Sudan Evacuations
- April 24,2023
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- SUSTG Team
Saudi Arabia hosted more than 150 people from various nations who were evacuated from war-torn Sudan, including from the United States, according to reports.
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Kingdom Targets New ‘Underground River’ Longer than Nile to Address Water Needs
- March 30,2023
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- SUSTG Team
Saudi Arabia is planning to launch the world’s largest potable water project by digging a “river” four meters deep, 11 meters wide and 12,000 kilometers long, aimed at surpassing the Nile river, according to a local reporter and published in Arabian Business.
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US Senate confirms Michael Ratney as next US ambassador to Saudi Arabia
- March 16,2023
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- SUSTG Team
Despite being nominated by US President Joe Biden in April 2022, Michael Ratney, has just been confirmed by the US Senate as the next US ambassador to Saudi Arabia.
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MUST-READS
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Indian State Refiners Eye Middle East Crude to Offset Russian Supply Shortfall
Indian state refiners are considering tapping into the Middle East crude market as spot supply from their top supplier, Russia, have fallen, according to Reuters. The three major state refiners, Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum, are facing a shortfall of 8-10 million barrels of Russian oil for January loading, The refiners fear ongoing challenges in securing Russian oil in the spot market could continue in the coming months due to rising domestic demand in Russia and its commitments under the OPEC pact. Reuters reported that companies might increase crude purchases from Middle East suppliers under optional volumes in term contracts or issue a spot tender for high-sulphur oil.
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The Year ahead in the Middle East: A weakened Iran has big Implications for China
For a significant period of time, Iran’s status as a rising power within the region has been regarded as a consistent reality in assessing Middle Eastern geopolitics. But events since the Oct. 7, 2023 attack by Hamas on Israel have seen Iran’s position in the region erode substantially. The balance of power in the Middle East has consequently been irreversibly altered. A key pillar supporting Iran’s previously powerful status in the Middle East has been its cultivation of the “Axis of Resistance,” a group of Iranian allies across the region that acted together against Israeli and American interests. The members of the axis, in addition to Iran itself, include Hamas, Hezbollah, Iraqi Shiite militias, the Houthis and Bashar al-Assad’s regime in Syria.
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Saudi previously sought extradition for Germany attack suspect: Source close to government
Saudi Arabia had previously requested extradition for the Saudi suspect in Germany’s deadly Christmas market attack, a source close to the government told AFP on Monday. “There was [an extradition] request,” said the source, without giving the reason for the request, adding that Riyadh had warned he “could be dangerous.” The attack on Friday evening killed five people. Saudi Arabia had warned Germany “many times” about Taleb Jawad al-Abdulmohsen, the source said. He did not explain in what way he was considered potentially dangerous.
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Saudi-Emirati Divergences Lead Hadhramawt to a Crossroad
Traditionally, Saudi Arabia has had a significant impact in oil-rich Hadhramawt, Yemen’s largest governorate. This has been shaped by religious and cultural ties, a common border stretching for over 600 kilometers, the cross-border mobility of populations, trade, and national security considerations. The Saudis have maintained strong relationships with local elites and tribes, and deepened their security footprint after the merger in 2009 of the Saudi and Yemeni al-Qaeda branches to form al-Qaeda in the Arabian Peninsula (AQAP), which seized Mukalla, Hadhramawt’s main coastal city, in April 2015.
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Hyundai Motor and Global Industry Leaders Conclude Hydrogen Fuel Cell Coach Bus Trial in Saudi Arabia
Hyundai Motor Company, in partnership with Saudi Transport General Authority, Saudi Public Transport Company (SAPTCO/SAT), Almajdouie Motors Company, Air Products Qudra, Abdullah Hashim Gases, and ARAMCO, has successfully concluded a strategic initiative to evaluate the hydrogen-based mobility in the Kingdom of Saudi Arabia. The collaboration involved a two-month trial of the Hyundai Universe Fuel Cell Coach Bus in Saudi Arabia’s Eastern Province. The project aimed to assess the feasibility and performance of hydrogen-powered transportation, marking a significant milestone in the Kingdom’s journey toward sustainable mobility.
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Saudi football gets its own Netflix documentary
Over six episodes, Saudi Pro League: Kickoff chronicles the 2023-24 season, highlighting the impact of Cristiano Ronaldo’s move to Al-Nassr in 2022. His arrival in Riyadh — and a $200-million-a-year contract — inspired global stars, including Brazil’s Neymar and French striker Karim Benzema, to move to Saudi, elevating the league’s market value and global reach, with matches broadcast in 180 countries. The series examines football’s deep cultural roots in Saudi Arabia, and provides insight into the lives of the newcomers to the country.
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Influence Abroad: Saudi Arabia Replaces Salafism in its Soft Power Outreach
Today, there is greater acknowledgment, both in Saudi Arabia and abroad, of the connection between certain Salafi teachings and extremism. By cutting back on Saudi support for Salafism, the prince has tried to dispel the notion that the kingdom supports extremist groups. He has also understood the security risks that some such groups may pose, not least threats to Saudi Arabia itself, especially after the Arab upheavals in 2011 and the rise of Islamist movements throughout the Middle East. Saudi Arabia’s strategic use of ideology aptly illustrates how it was able to make use of religious doctrine not simply as a guiding principle, but also as an instrument in its relations across borders. However, this brought with it its own series of complexities, not least how far the kingdom’s Salafi ideology would spread, and how it was interpreted and used once it was picked up by others over whom the Saudis had no control.
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Cruise Saudi soft launches private island cruise destination
Cruise Saudi has partially opened its new private island cruise destination, Saba Beach on Jabal AlSabaya. Passengers onboard AROYA Cruises’ cruise ship AROYA were the first to experience the private island in a soft launch. Jabal AlSabaya, which is around 220 nautical miles from AROYA’s homeport of Jeddah, Saudi Arabia, will only be accessible to cruise line passengers. The island’s facilities on completion will include a floating park, restaurant, retail outlets, a VIP beach and VVIP beachfront villas. A spa experience, shisha lounge and a range of water activities will also be available for guests, along with snorkelling excursions.
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End of ‘blank cheque’ culture for Saudi consultancy
Saudi Arabia remains a boom town for the global consultancy industry, but experts have warned it is no longer the land of milk and honey for international operators and there is now a tighter hold being placed on budgets. The Saudi consultancy market, the largest in the GCC, expanded by 18.2 percent in 2023 with revenues reaching a record $3.2 billion. Opportunities remain, but Saudi Arabia is scaling back its trillion-dollar Vision 2030 giga-projects, and Dane Albertelli, a London-based senior research analyst focused on the industry at Source Global Research, says consultants are now having to “prove their worth”. “I think the days of the blank cheque consulting projects are over in Saudi,” he tells AGBI. “I’d say consultants need to rein in what they think and their expectations. There’s no longer an infinite money tree.”
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The Camel Museum: A Living Symbol of Authentic Saudi Culture
Believing in the importance of participating in this national celebration of the camel, we at “Northwest Bus” launched a distinctive competition for designing a bus sticker inspired by the Year of the Camel. We invited all creative students across the Kingdom to participate with their ideas and innovative designs to take part in this historical journey and express their pride in this cherished national symbol. In conclusion, let us celebrate the Year of the Camel with a spirit of pride and heritage, and look forward to a bright future that combines authenticity, progress, and pride in our national identity.
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