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Recent stories from sustg
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NEOM Unveils Leyja, the Area’s Latest Sustainable Tourism Destination
- October 16,2023
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- SUSTG Team
Saudi Arabia’s NEOM unveiled on Sunday the latest addition to its portfolio of ecotourism developments, “Leyja,” that starts along the Gulf of Aqaba coast and stretches inland through a valley surrounded by 400-meter-high mountains.
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Marriott International Signs Agreement with NEOM to Open Two Luxury Properties in Trojena
- September 25,2023
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- SUSTG Team
Marriott International, Inc. announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia. The agreement includes Saudi Arabia’s first W Hotel, and a JW Marriott property, according to a press release.
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Zelensky meets with Crown Prince in Jeddah
- June 13,2024
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- SUSTG Team
Ukrainian President Volodymyr Zelensky met with Crown Prince Mohammed Bin Salman during an unannounced visit to Jeddah this weekend.
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Special World Economic Forum Convenes in Riyadh
- April 29,2024
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- SUSTG Team
The World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh convenes 1,000 global leaders from 92 countries on 28-29 April, to support global dialogue and find actionable, collaborative and sustainable solutions to shared global challenges.
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Palestinian State a Must for Any Saudi-Israel Deal after Israel Invasion of Gaza – Ambassador
- January 10,2024
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- SUSTG Team
Saudi Ambassador to the United Kingdom Prince Khalid bin Bandar discussed the status of Saudi-Israel relations in light of the ongoing Israeli invasion of Gaza, telling the BBC a pact was “close” when the the kingdom paused US-brokered talks after Hamas’s deadly attacks on Israel on 7 October.
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Saudi Aramco’s CEO Says Kingdom is Eying New Investments in LNG – Report
- October 17,2023
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- SUSTG Team
Amin Nasser, the CEO of Saudi Aramco, said his company is looking at more investments in liquefied natural gas (LNG) to boost its plans to become a leading player in the seaborne gas market, according to a report.
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The CEO of Riyadh’s financial district, Gautam Sashittal, joins The 966 to talk about the Kingdom’s original giga-project and the city of the future
- September 22,2023
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- SUSTG Team
Gautam Sashittal, the CEO of Riyadh’s financial district that has redefined Riyadh’s skyline and is the city’s most sought-after business address and lifestyle destination, joins The 966 podcast. The district is home to many of Saudi Arabia’s largest companies and regional headquarters of international corporations doing business in the region, as well as the Kingdom’s […]
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ACWA Power plans $1.9 Billion Stock Sale
- June 12,2024
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- SUSTG Team
Saudi Arabia’s ACWA Power Co. is planning to raise $1.9 billion by issuing stock to existing shareholders, capitalizing on a sixfold increase in its share price since a 2021 listing.
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Vision 2030 Marks 8th Year Since Launch
- April 26,2024
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- SUSTG Team
Launched on April 25, 2016, Vision 2030, Saudi Arabia’s blueprint for economic and social transformation marks it 8th year and the halfway point between 2016 and 2030.
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New Mega Mountain Resort Aquellum, a ‘Subterranean Digitalized Community of the Future,’ Added to NEOM’s Growing Vacation Destination Offerings
- January 11,2024
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- SUSTG Team
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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MUST-READS
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CryptocurrenciesCrypto Assets Get Arab World’s First Regulatory Nod From Bahrain
The central bank’s “introduction of the rules relating to crypto assets is in line with its goal to develop a comprehensive rules for the fintech eco-system supporting Bahrain’s position as a leading financial hub” in the Middle East and North Africa, Khalid Hamad, executive director of banking supervision at the central bank, said in an emailed statement.
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Solar PowerConsortium led by Saudi-based Acwa wins Bahrain solar plant contract
A consortium led by Saudi-based power developer Acwa has won the contract for the construction and operation of a 100 MW independent solar power plant in the kingdom, Bahrain's Electricity and Water Authority (EWA) announced.
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BahrainBahrain to Allow Crypto to Regain Middle East Finance Hub Status
Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency to work in the country on a trial basis, as it considers how to regulate them.
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Bahrain Bonds$10 Billion Bailout Makes Bahrain Debt Best in Gulf as Oman Lags
Bonds of Bahrain, the smallest member of the Gulf Cooperation Council, have handed investors the biggest return since the island nation’s $10 billion bailout last year. For those holding Oman’s debt, the losses have piled up.
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BahrainU.N. raises ‘serious doubts’ whether Bahrain opposition leaders got fair trial
The U.N. Human Rights Office said on Friday there were “serious doubts” whether three Bahraini opposition leaders were given a fair trial after Bahrain’s highest court upheld this week their life sentences on charges of spying for Qatar.
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BahrainBahrain got first funds from GCC aid last year
Bahrain was expected to receive $2bn late last year, officials told Reuters in October, as part of a $10bn aid package that Saudi Arabia, Kuwait and the United Arab Emirates pledged to avoid the risk of a debt crisis in the island kingdom.
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GCCBahrain got first funds from Gulf aid last year
Bahrain has received the first instalment of a $10 billion aid package pledged by its Gulf allies last year, its central bank governor told Bloomberg TV in an interview.
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BahrainBahrain To Launch The World’s Largest Underwater Theme Park
Bahrain will launch the world’s largest underwater theme park with a sunken Boeing 747 as its headliner attraction. The underwater theme park opening this Summer will ultimately cover 25 acres and will be developed as the ultimate diving experience.
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VATThree down, three to go in the GCC as Bahrain set to roll out VAT
Bahrain's primary legislation has been in circulation for a few months (in Arabic). However, the more detailed regulations remain unseen, making it difficult for businesses that need to prepare to do so.
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BahrainBahrain’s Carefully Managed Elections Remake Parliament
The lead story out of Bahrain is sure to be the successful campaign of six women, double the number in the previous Parliament. Well-known youth and media figures were also elected. More stunning however, is the incredible turnover in the chamber: Only three incumbents will return to the 40-member body and the entire leadership declined to run
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