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Recent stories from sustg
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New Mega Mountain Resort Aquellum, a ‘Subterranean Digitalized Community of the Future,’ Added to NEOM’s Growing Vacation Destination Offerings
NEOM has announced Aquellum, a new “luxury and experiential” vacation destination which is the latest addition to the ongoing regional development in northwest Saudi Arabia.
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Gallup Poll Finds Palestinians Lack Faith in Biden, Two-State Solution
Hamas’ killing of an estimated 1,400 Israelis — the vast majority being civilians killed in their homes — has been followed by another humanitarian crisis in Gaza. Already, as many as 3,000 Palestinians have been killed in Israeli retaliatory bombing, as a potential Israeli ground invasion appears imminent. Even before the latest chapter in the conflict, Palestinians’ […]
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Watch Saudi Arabia’s Crown Prince Mohammed bin Salman’s Interview with Fox News’ Bret Baier
Saudi Arabia’s Crown Prince Mohammed bin Salman sat down with Fox News journalist Bret Baier for a wide-ranging interview – his first in English with an American television network.
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Saudi car imports spike in 2023
Saudi Arabia’s car imports grew to 93,300 vehicles in 2023, up from 66,900 the previous year. Japan, India, South Korea, US, and Thailand are the leading exporters of cars to Saudi Arabia.
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IMF Launches New Regional Office in Saudi Arabia
The goal of the new office is to strengthen the IMF’s collaboration with governments and institutions in the Middle East including promoting economic stability, growth, and regional integration. It also underscores the growing economic importance of the region.
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The evolution of Saudi Arabia’s public diplomacy with Rayan Alyusufi
The 966 speaks with Rayan Alyusufi, a young Saudi researcher in public diplomacy and international communication to discuss the Kingdom’s public diplomacy, “sharp power,” and evolution of Saudi as an emerging diplomatic player. Rayan is a PHD Candidate at Bournemouth University in the United Kingdom.
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Goldman Sachs Research Report Highlights Saudi Investment to Transform Economy, Says Efforts are Showing Results
Saudi Arabia’s focus on diversifying its economy beyond oil is showing results, according to a recent report from Goldman Sachs Research.
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4th Riyadh Season Unveils New Logo and Theme Ahead of Launch; New Zone Created Called ‘Boulevard Hall’
Saudi Arabia’s General Entertainment Authority (GEA, revealed a new logo and identity for the fourth edition of “Riyadh Season,” set to launch on October 28 under the banner of “BigTime.”
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Aramco Share Sale Attracts Foreign Investors
Aramco’s recent share sale attracted over $65 billion in orders, exceeding expectations with foreign investors estimated to hold around 60% of the shares sold, a significant increase from Aramco’s 2019 IPO.
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Saudi’s Regional Headquarters Program Moves Forward
In February the Zakat, Tax and Customs Authority published guidelines specifying RHQ tax rules. Under the new rules, specific activities qualify for tax incentives. The new RHQ tax rules aim to clarify the scope and conditions of tax relief for RHQ entities, as announced by MISA in December 2023.
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MUST-READS
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Archaeologists discover three ancient tombs in Egypt
Archaeologists have discovered three tombs that date back around 2,000 years in southern Egypt.
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U.S. Bombs Iranian Militia in Syria, As Fight For Raqqa Begins
American warplanes bombed an Iranian-backed militia that entered a supposed no-go zone near a U.S garrison in southern Syria on Tuesday, U.S. officials said.
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U.S. Bombs Syrian Regime Forces For First Time
American aircraft bombed a military convoy flying Syrian flags in the country’s southeast on Friday, marking the first time the U.S. military has targeted regime forces in Syria’s six-year civil war, according to U.S. Defense officials.
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BAE chair fails to confirm whether staff are loading bombs on to Saudi jets
Sir Roger Carr claims BAE is ‘not involved in any military action’, despite the company’s job ad for a weapons loading technician in Saudi Arabia
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U.S. Lawmakers Raise Doubts on Sale of Smart Bombs to Saudi Arabia
A group of US lawmakers wrote to the presidential administration asking for more information about a potential sale of smart bombs, aka precision-guided munitions (PGM), to Saudi Arabia. They expressed concern over widespread civilian casualties in Yemen.
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How the Rise of Electronics Has Made Smuggling Bombs Easier
New restrictions on flights from the Middle East reflect how just about anything with power can be turned into an explosive.
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Saudi Arabia Admits to Using Illegal UK Cluster Bombs in Yemen
Following the admission, Saudi Arabia said it would cease to use the bombs and had informed the U.K. of its decision.
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UK cluster bombs used in Yemen by Saudi Arabia, finds research
It is understood the government’s own investigations back up media reports that such cluster bombs have been deployed in the war
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Saudi public debt climbs back to 14% of GDP
Saudi Arabia's ministry of finance announced a total public debt of 342.4 billion riyals ($91 billion) on Wednesday night, as the country adjusts its economy in line with cheap oil prices.
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Oil Climbs as Saudi Arabia Says It’s Optimistic on OPEC Deal
Crude oil rose as Saudi Arabia, due to meet with Russia and some OPEC nations in Doha, said it’s optimistic that producers will reach an agreement to stabilize world markets.
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