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Saudi Arabia Establishes ‘Esports World Cup’ with Competition in Globally Popular Games, Major Prize Pool
- October 24,2023
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- SUSTG Team
Saudi Arabia has announced the launch of the Esports World Cup, an annual event that will include the most popular games in the world and have a prize pool of $10 million, according to reports.
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King Salman’s pivotal role in Saudi Arabia’s past and present with author and columnist David Rundell; plus, archaeology in Al Ula, Wa’ed’s new investment, and more…
- September 15,2023
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- SUSTG Team
Author David Rundell joins to discuss King Salman’s incredible impact on Saudi Arabia. King Salman has played an enormously pivotal role for the Kingdom of Saudi Arabia and the development of the modern Saudi state. Before the conversation, the hosts discuss an archaeology summit taking place in Al Ula this week, an interesting and exciting […]
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Aramco Share Sale Nets $12 Billion
- June 5,2024
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- SUSTG Team
This is Aramco’s second share sale after it first entered public markets in 2019 offering 1.5% of the company and raising a record $29.4 billion, history’s largest IPO to date. Aramco is the world’s largest oil company in terms of both daily crude production and market cap.
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IMF Sees OPEC+ Turn on Oil Production as Boon for Saudi Economy in 2025 – Report
- April 19,2024
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- SUSTG Team
The International Monetary Fund said it expects OPEC and its partners to start increasing oil output gradually from July, “a transition that’s set to catapult Saudi Arabia back into the ranks of the world’s fastest-growing economies next year,” according to a report in Bloomberg. “We are assuming the full reversal of cuts is happening at the beginning of 2025,” […]
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Innovative Prince Mohammed Bin Salman Stadium in Qiddiya, Saudi Arabia Departs from Stadium Design Norms
- January 19,2024
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- SUSTG Team
A new and innovative stadium design at Qiddiya, the entertainment mega-city outside of Saudi Arabia’s capital Riyadh, is set to provide a fresh take on design for sports and entertainment venues.
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President Biden, Saudi Crown Prince Mohammed bin Salman Hold Call to Discuss Israel-Hamas War Diplomacy
- October 25,2023
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- SUSTG Team
U.S. President Joe Biden and Saudi Arabian Crown Prince Mohamed bin Salman on Tuesday discussed efforts to prevent the Israel-Hamas conflict from widening, the White House said.
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US, Bahrain Sign Strategic Security and Economic Agreement in Potential Model for Other Regional States
- September 14,2023
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- SUSTG Team
The US and Bahrain have upgraded their defense relationship under a new security and economic relationship which U.S. Secretary of State Antony Blinken said would expand defense and intelligence collaboration between the two countries, Reuters reports.
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KSA Hosts 2024 World Environment Day
- June 4,2024
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- SUSTG Team
Saudi Arabia is hosting the 2024 World Environment Day on June 5 and the upcoming 16th Conference of the Parties of the UN Convention to Combat Desertification and Drought (COP16) in December 2024.
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Prospects for Saudi Arabia hitting 2030 Renewable Energy Targets
- April 19,2024
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- SUSTG Team
In 2016 Saudi Arabia’s Vision 2030 had an initial target of deploying 9.5GW of green energy by 2030. The latest revision made in 2023 targets 130GW of renewable power capacity by 2030. GlobalData, a leading data and analytics company, says the Kingdom can come close to that target.
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A new slogan for Saudi Arabia? Taking stock of the Saudi Pro League, and much more – The 966 Episode 119
- January 22,2024
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- SUSTG Team
In Episode 119, The 966 hosts Lucien and Richard discuss a variety of topics and some of the latest news and developments on Saudi Arabia.
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MUST-READS
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BahrainTop Shiite cleric leaves Bahrain for treatment in Britain
A top Shiite cleric and opposition figure in Bahrain has left the island kingdom for medical treatment in Britain.
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BahrainBahrain CDS fall from record highs after Saudi, UAE, Kuwait pledge support
The cost of insuring exposure to Bahrain debt fell on Wednesday from record highs after Saudi Arabia, United Arab Emirates and Kuwait said they would support the country financially.
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BahrainSaudi, Kuwait and UAE to announce measures to support Bahrain’s economy
Saudi Arabia, Kuwait and the United Arab Emirates will soon announce an integrated programme to support Bahrain’s economic reforms and its fiscal stability, a joint statement from the three Gulf states said on Tuesday.
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Bahrain-Saudi CausewayRecord number of passengers on Bahrain-Saudi Causeway
King Fahd Causeway that links Saudi Arabia with Bahrain has set a new record as about 118,000 people crossed it on Monday, the fourth day of Eid Al-Fitr. This is the highest number of passengers to cross the causeway since its opening three decades ago.
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BahrainBahrain court acquits opposition leaders in spying case
In November, the public prosecutor accused Sheikh Ali Salman, opposition al-Wefaq group secretary general, and Sheikh Hassan Sultan, a former member of the Bahraini parliament for al-Wefaq, of conspiring with Qatari officials to carry out “hostile acts” in the kingdom.
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Israel in the RegionCommentary: Bahrain and Israel: Quo Vadis?
What is less known, however, is that over the past decade Bahrain has consistently called for a comprehensive Arab-Israeli peace.
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Saudi-BahrainTransport minister confirms Bahrain-Saudi bridge project to cost $4 bln
In an interview with Al Arabiya on the sidelines of the Gulf Gateway investors conference, Bahrain’s Minister of Transportation and Telecommunications Engineer Kamal bin Ahmed Mohammed revealed that the cost of a new bridge project between Bahrain and Saudi Arabia would cost $4 bln.
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BahrainBahrain Shale Oil
The mid-case estimate for the new resource is 81.5 billion barrels of oil and 13.7 trillion cubic feet of gas in place. Based on US experience, 5-6 percent of this, or exceptionally up to 10 percent, might be recoverable. On this basis, Bahrain would jump ahead of Oman in proved oil reserves.
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Bahrain Oil FindEconomics 101: how should Bahrain spend its oil windfall?
While there remain questions over the precise extraction cost, and the volume of recoverable oil and gas, at this stage, Bahrainis should feel reasonably confident that they will experience a significant windfall in the coming years. How should the government look to spend it?
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BahrainBahrain Makes Its Biggest Oil Discovery In History
Bahrain announced the biggest crude oil discovery in its history that will “dwarf” its current reserves, media reported, citing the tiny kingdom’s official news agency. Details on the size of the reserves will be released later this week.
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