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Recent stories from sustg
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‘Land is Calling’ tourism video premiers
- September 13,2024
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- SUSTG Team
Saudi’s national tourism brand ‘Saudi, Welcome to Arabia’ premiered its new international campaign, “This Land is Calling”, launching across the United Kingdom, France, Italy, Germany, and the United States.
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Saudi Arabia’s Energy Efficiency Drive – ESCO Awards
- September 11,2024
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- SUSTG Team
In 2021, Saudi Arabia announced its intent to achieve carbon neutrality with the goal of reaching net-zero Global Greenhouse Gas (GHG) emissions, by 2060. In addition to efforts to transition to lower carbon sources of energy (natural gas, renewables, clean energy) and reduce carbon emissions (carbon capture), Saudi Arabia is working to increase its energy efficiency.
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The 966, Episode #135 – Clean Hydrogen and Saudi Arabia with Rami Shabaneh, Senior Fellow, KAPSARC
- September 10,2024
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- SUSTG Team
The 966, Episode #135 zeros in on Clean Hydrogen and Saudi Arabia with Rami Shabaneh, Senior Fellow, King Abdullah Petroleum Studies and Research Center (KAPSARC).
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Amaala getting closer
- September 10,2024
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- SUSTG Team
Public Investment Fund-owned Red Sea Global has awarded more than 600 contracts worth $6.13 billion to date as it develops the Amaala resort.
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Mortgage rates up but more liquidity needed
- September 9,2024
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- SUSTG Team
Saudi authorities have made home ownership a key goal of Vision 2030, aiming to have 70 % of Saudis owning their own homes by 2030. An estimated 62% to 65% of Saudis are currently home owners.
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Saudi Arabia leads emerging markets in international bond issues in 2024
- September 6,2024
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- SUSTG Team
Saudi Arabia was also the leading emerging market issuer of international sovereign debt in 2023, selling $26.5 billion of bonds. Its debt raising this year has already topped last year’s total with $26.8 billion.
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IMF concludes annual consultation with Saudi Arabia
- September 5,2024
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- SUSTG Team
Saudi Arabia’s unprecedented economic transformation is progressing well as it advanced in its modernization and diversification efforts under Vision 2030. The recent fiscal space exercise has facilitated the recalibration of investment spending planned under Vision 2030 by reprioritizing projects and through sectoral strategies.
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’24 Fintech Conference in Riyadh
- September 4,2024
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- SUSTG Team
The first edition of the International Conference on Financial Technology, ’24 Fintech, at the Riyadh Front Exhibition and Conference Center on Tuesday with an address from Finance Minister Mohammed Al-Jadaan, large crowds and a slew of announcements.
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7th Family Forum held in Riyadh
- September 3,2024
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- SUSTG Team
The Family Affairs Council hosted its seventh Family Forum in Riyadh on September 1-2, 2024, focusing on “Family Counseling: Building Strength from Within in a Changing World.”
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High profile Saudi delegation heads to East Asia
- September 2,2024
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- SUSTG Team
Minister of Industry and Mineral Resources, Bandar AlKhorayef, is leading a delegation to Guangzhou, Hong Kong and Singapore from Sep. 1 to 8, 2024. The delegation’s goal is to enhance bilateral relations, attract investments, and explore joint-venture opportunities.
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MUST-READS
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US hits alleged Iran-backed Bahrain group with sanctions
The State and Treasury departments announced the sanctions as part of an administration-wide push to ramp up pressure on Iran before President Donald Trump leaves office next month. The sanctions freeze any assets the Saraya al-Mukhtar group has within U.S. jurisdictions and bar Americans from doing any business with it or its members.
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Bahrain backtracks, won’t recognize Judea and Samaria goods as Israeli
In a conference in Manama on Friday evening, Foreign Minister Abdullatif bin Rashid Al-Zayani said he’d spoken with Palestinian Authority Foreign Minister Riyad al-Maliki and explained to him that media reports about Bahrain’s position on the matter of Israeli goods were inaccurate.
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Saudi prince strongly criticizes Israel at Bahrain summit
Prince Turki opened his remarks by contrasting what he described as Israel's perception of being “peace-loving upholders of high moral principles” versus what he described as a far-darker Palestinian reality of living under a "Western colonizing” power.
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A guide to illicit Iranian weapon transfers: The Bahrain file
A new Atlantic Council report, “A Guide to Illicit Iranian Weapon Transfers: The Bahrain File,” by illicit weapon flows expert Tim Michetti, offers a comprehensive, field-based case study on illicit Iranian weapon flows. This report is based on a confidential assessment of the materiel procurement networks of militants operating inside Bahrain. With analysis of over 250 images, Mr. Michetti clearly demonstrates that a majority of the conventional and unconventional materiel recovered in Bahrain entered the country as a result of illicit transfers that originated in Iran.
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Israeli PM Benjamin Netanyahu vows to visit Bahrain after reported trip to Saudi Arabia
After purportedly making a secret visit to Saudi Arabia to meet for the first time with Crown Prince Mohammed bin Salman, Israeli Prime Minister Benjamin Netanyahu said Tuesday he will visit Bahrain soon. Netanyahu's pledge follows an invitation from Bahrain Crown Prince Salman bin Hamad bin Isa al Khalifa.
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Once-Reformist Crown Prince Takes the Helm as PM in Bahrain
Viewed early on as a reformist within the ruling family, Sheikh Salman, 51, was instrumental in short-lived efforts to restore parliamentary life to the small Gulf Arab country and build trust between the Sunni Muslim royal family and a Shiite majority that had long complained of discrimination. Those efforts, opposed by the formidable prime minister Sheikh Khalifa bin Salman Al Khalifa, who died Wednesday at the age of 84, came apart as the Arab Spring uprising swept the island in 2011.
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Bahrain’s longest serving prime minister, Prince Khalifa Al Khalifa, dies at 84
Khalifa took office a day after Bahrain declared independence from Britain, in August 1971. His image has been plastered on walls around the country for decades, and he is credited with helping to usher in a modern economy, but he was accused by activists of brutally quashing the country's Arab Spring protests in 2011.
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Israeli parliament approves deal establishing ties with Bahrain
Israel's parliament on Tuesday approved a US-brokered deal establishing formal relations with Bahrain, by a vote of 62 lawmakers in favour and 14 opposed. The Middle East countries signed a joint communique on 18 October to formalise their nascent ties. Bahrain is one of three Arab countries - along with the United Arab Emirates (UAE) and Sudan - to agree to the normalisation of relations.
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Israel, Bahrain sign deal establishing formal ties
The U.S.-brokered agreement capped a one-day visit by a high-level delegation of American and Israeli officials to Bahrain. Bahrain joined the United Arab Emirates at a festive White House ceremony last month marking the “Abraham Accords,” a pair of U.S.-brokered diplomatic pacts with Israel. While the UAE’s deal with Israel formally established ties, the agreement with Bahrain was less detailed and included a mutual pledge to follow suit.
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Mossad chief visits Bahrain to discuss cooperation
National Intelligence Agency President Adel bin Khalifa Al-Fadhel and Strategic Security Bureau Chairman Shaikh Ahmed bin Abdulaziz Al Khalifa welcomed Yossi Cohen upon his arrival in the capital Manama, the official Bahrain News Agency reported. The two sides stressed the importance of the declaration recently signed between Bahrain and Israel, saying it would pave the way for future cooperation between the two countries in various fields.
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