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Recent stories from sustg
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Saudi Arabia’a Allocating $267 Million to Intellectual Property Strategy, a Sign That Kingdom is ‘Prioritizing a Knowledge-Based Economy’
- October 12,2023
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- SUSTG Team
The allocation of $267 million to the Intellectual Property Strategy is a signal that Saudi Arabia is “prioritizing a knowledge-based economy,” according to an item in the International Intellectual Property Law Association website.
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Lucid Opens First-Ever Auto Plant in Saudi Arabia
- September 27,2023
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- SUSTG Team
Lucid has opened the first ever car manufacturing plant in Saudi Arabia at the King Abdullah Economic City as the kingdom looks to establish itself as a global player in the EV race.
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Hajj 2024 in numbers: Annual pilgrimage draws over 1.83 million worshipers
- June 17,2024
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- SUSTG Team
Saudi Arabia’s General Authority for Statistics (GASTAT) released the official figures for this year’s Hajj season.
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PIF and BlackRock Launch $5bn Investment Fund
- May 1,2024
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- SUSTG Team
BlackRock and Public Investment Fund signed a non-binding MOU that calls for the sovereign fund to invest up to $5bn in stages as the new firm hits agreed milestones. Investments will provide capital for a variety of funds invested in public equities and bonds as well as alternative assets.
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The 966 Episode 117: Saudis are optimistic, but what does 2024 have in store for Saudi Arabia and the Middle East?
- January 8,2024
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- SUSTG Team
The 966 hosts kick off the new year after a refreshing holiday break following a successful year for the podcast in which the growth of the audience more than doubled across all platforms, and in some cases, grew significantly more than that! The team thanks all of its listeners and viewers for tuning in each […]
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What the Israel-Hamas War Means for Saudi Arabia and the Middle East
- October 13,2023
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- SUSTG Team
Hamas’ horrific and stunning attack in Israel last week has upended the status quo in the region. With Israel now retaliating in Gaza, bombing an already desperate populace in the Gaza strip, leaving hundreds of thousands of people homeless there, and with thousands dead and injured on both sides, the war has thrown the Levant […]
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Saudi Arabia Sends Envoy to West Bank as Progress in Talks with Israel Gather Pace
- September 26,2023
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- SUSTG Team
Saudi Arabia, which has engaged in U.S.-brokered talks with Israel to potentially normalize relations, Tuesday sent a delegation to the occupied West Bank for the first time in three decades, VOA reports.
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Eid Mubarak from The SUSTG Review, SUSTG Weekend and The 966
- June 13,2024
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- SUSTG Team
The Saudi-US Trade Group which produces the SUSTG Review, SUSTG Weekend and The 966 podcast wishes peace, happiness and health to all on the occasion of Eid Al-Adha 2024 (1445 AH)
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Saudi Space Agency and WEF Establish Space C4IR Center
- April 30,2024
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- SUSTG Team
The World Economic Forum has signed an agreement with the Saudi Space Agency to establish a Centre for the Fourth Industrial Revolution (C4IR) focused on space. The Centre for Space Futures, set to open in autumn 2024, will be hosted by the Saudi Space Agency.
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Saudi Arabia Issues $12 Billion Bond
- January 9,2024
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- SUSTG Team
Saudi Arabia sold $12 billion of bonds — its largest deal since 2017 — amid a record start to a year for emerging-market countries, according to a report in Bloomberg.
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MUST-READS
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Military SalesUS to sell bombs to Israel, helicopters to Saudis
The United States said Wednesday it plans to sell thousands of bombs and missiles to Israel as well as 10 Seahawk helicopters to Saudi Arabia, in deals worth about $1.9 billion each, officials said Wednesday.
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War in YemenWar of words — and bombs — shakes Yemen
With Saudi Arabia beefing up its forces along the frontier with Yemen, rival Iran on Monday unleashed some of its harshest rhetoric yet in denouncing the month-old Saudi-led military campaign against Yemen’s Shiite Muslim rebels.
- Washington Post - A top Iranian figure thinks that the Saudi government is about to crack. Is he right?
- Reuters - US blames Houthi battlefield moves for renewed Saudi strikes
- Yahoo/AP - Yemen's exiled government declares 3 disaster zones
- Reuters - Yemen struggles to import food as coalition navies hold up more ships
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Global Oil MarketsOil Rises to 2-Week High as Saudi Arabia Bombs Targets in Yemen
Oil climbed to the highest in more than two weeks in London as Saudi Arabia and its allies bombed rebel targets in Yemen, which is near the center of global energy trade.
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Tikrit CampaignIraqi forces slowed by snipers and bombs in Tikrit
The military source said the insurgents still held the presidential complex and at least three other districts in the center of Tikrit, holding up further army advances with snipers and bombs. A Reuters photographer saw one car bomb explode on the southern edge of the city, and security officials say Islamic State fighters have booby-trapped abandoned buildings.
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MilitarySaudi Typhoons Use Paveway IV Bombs on ISIS
Typhoon combat jets flown by the Royal Saudi Air Force have used Paveway IV precision-guided bombs to strike Islamic State terrorists, marking the first time the weapon has been launched in anger from the Eurofighter-built aircraft, according to gulf region sources.
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LogisticsSaudi Arabia Climbs To 2 On Logistics Index
Saudi Arabia climbed to number two, behind China, while Gulf states the UAE, Qatar and Oman ranked top for “market compatibility” on this year’s Agility Logistics Index.
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