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Saudi Arabia’s New Luxury Train Experience through Kingdom’s Desert Set to Add to Tourism Portfolio
- January 29,2024
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- SUSTG Team
State-owned railway company Saudi Arabia Railways (SAR) recently struck a 200 million Saudi riyals ($53.33 million) deal with Italian hospitality company Arsenale Group to launch the first luxury train in the Middle Eastern kingdom, which paves the way for the Kingdom to have another differentiating tourism experience.
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Report: China, Eying Increased Influence in the Middle East, Presses Iran to Rein in Houthi Attacks in Red Sea – Reuters
- January 26,2024
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- SUSTG Team
A recently-published Reuters report says that top Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, citing four Iranian sources and a diplomat familiar with the matter.
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Zardun at NEOM the Latest Tourism Offering from Futuristic Giga-Project
- January 25,2024
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- SUSTG Team
Saudi Arabia’s NEOM recently announced the launch of another tourism destination, called Zardun, which bills itself as a luxury ecotourism area and “exclusive sanctuary resort.”
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Saudi Arabia is Set to Open the Country’s First Liquor Store in Major Shift
- January 24,2024
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- SUSTG Team
Saudi Arabia is set to open the country’s first liquor store, catering exclusively to diplomats, breaking with decades of strict alcohol prohibition in the kingdom and creating a pathway for greater access to alcohol for non-Muslims in the near future, Reuters reports.
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Saudi Real Estate Prices to Rise 25-40%, Premium Residency a Unique Opportunity – Al Rahji Executive
- January 23,2024
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- SUSTG Team
A Sales Director at Al Rajhi Investment Co. said real estate prices in Saudi Arabia are likely to rise by 25% to 40% in the coming period, Asharq News reported.
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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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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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U.S. Continues Campaign to Secure Critical Red Sea Trading Route with Terrorist Designation for Houthi Groups
- January 18,2024
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- SUSTG Team
The U.S. government on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups as Washington seeks to halt attacks on international shipping in the Red Sea, according to a report in Reuters.
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At Davos, Kingdom Pushes Diplomacy and PIF Talks 2024 Investment Strategy
- January 17,2024
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- SUSTG Team
Saudi Arabia’s strong presence at the World Economic Forum in Davos, Switzerland is emblematic of an increasingly confident Kingdom on the global stage, with top officials from both the government and Saudi Arabia’s Public Investment Fund on the ground to promote Saudi Arabia’s interests.
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Saudi Arabia Invites Developers for 3.7 GW of Solar Projects
- January 16,2024
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- SUSTG Team
Saudi Arabia is seeking to award four solar projects with a combined capacity of 3.7 GW as part of the fifth round of its National Renewable Energy Program (NREP), with the Saudi Power Procurement Company (SPPC) opening the qualification process for companies interested in the development of the four projects, according to a report in renewablesnow.com.
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MUST-READS
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Trump and Jay Monahan meet at White House as PGA Tour deal with Saudis gets closer
PGA Tour Commissioner Jay Monahan said he met with President Donald Trump at the White House this week as the tour moves closer to finalizing a long-sought investment deal with the Saudi Arabian backers of rival LIV Golf. The PGA Tour and the Public Investment Fund of Saudi Arabia first agreed to a deal in June 2023, which ended the antitrust lawsuits between them. But that framework agreement drew the attention of the Justice Department, and the year ended without a deal in place. The tour and PIF have been meeting for nearly a year. Trump, just 10 days after he was elected, invited Monahan to play golf at Trump International in West Palm Beach, Florida, on Nov. 15.
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Opinion: Trump’s Gaza proposal was gibberish. The assault on Palestinian dreams was real
Trump presented his territorial expansion and ethnic cleansing proposal as a humanitarian gesture of kindness toward the Palestinians, noting that they live in intolerable conditions. But the president did not acknowledge that this virtual hellscape is primarily an Israeli creation in two phases. First, the overwhelming majority, certainly well over 80%, of the Palestinians in Gaza are refugees from what became southern Israel in the 1947-1948 war. Second, Israel’s repeated wars in Gaza — especially the current conflict since the heinous Hamas-led massacre on Oct. 7, 2023 — have left the area in ruins.
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How Dubai is addressing the AI talent shortage
As of November 2024, GlobalData’s jobs analytics database found that there were more than 55,000 active AI-related job listings worldwide. While the market has stablised since 2021 and 2022, when GlobalData found that the number of active AI job listings was doubling each year, the need for AI talent remains a serious challenge. To combat the skills shortage, universities are expanding recruitment of AI-focused researchers, and global multinationals such as Meta and Microsoft are offering free AI training platforms for employees and the public.
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Trump aides defend Gaza takeover proposal but walk back some elements
Barely two weeks in the job, Trump shattered decades of U.S. policy on Tuesday with a vaguely worded announcement saying he envisioned transforming Gaza into the "Riviera of the Middle East" where international communities could coexist after nearly 16 months of Israeli bombardment devastated the coastal strip and killed more than 47,000 people, according to Palestinian tallies. At a White House briefing on Wednesday, press secretary Karoline Leavitt hailed his Gaza proposal as historic "outside of the box" thinking but stressed that the president had not committed to putting "boots on the ground" in the territory. She declined, however, to rule out the use of U.S. troops there. At the same time, Leavitt walked back Trump's earlier assertion that Gazans needed to be permanently resettled in neighboring countries, saying instead that they should be "temporarily relocated" for the rebuilding process. U.S. Secretary of State Marco Rubio also said the idea was for Gazans to leave the territory for an "interim" period of reconstruction and debris-clearing.
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Global fury builds over Trump’s plan to turn Gaza into the Middle East ‘Riviera’
European countries joined Arab nations Wednesday in rebuking a shock announcement by United States President Donald Trump that he wants to take control over Gaza and forcibly displace its inhabitants to neighboring countries including Jordan and Egypt. Annalena Baerbock, Germany’s foreign minister, said that the proposal to move the Palestinians out was “unacceptable” and against international law; in France, a government spokesperson said Paris is “fully opposed to the displacement of populations” and called Trump’s proposal “dangerous” for regional stability; and in the U.K., Prime Minister Keir Starmer said Palestinians “must be allowed home” to rebuild.
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MBS Torn Between Trump and Saudi People on Potential Israel Deal
The Saudi response was swift — reiterating Crown Prince Mohammed bin Salman’s demands for an independent Palestinian state as part of any normalization agreement and rejecting the “infringement on the legitimate rights of the Palestinian people” or “attempts to displace” them from their land. But the president’s musing about moving 2 million Palestinians to a “good, fresh, beautiful piece of land” — which critics argue would amount to ethnic cleansing — and suggestion that US troops could be sent to the territory are putting the prince in a tough spot. Saudi Arabia’s young population has reawakened to the Palestinian cause amid Israel’s war against Hamas in Gaza, and their reaction to such a move — along with that of millions of Muslims in the region and around the world — could lead to instability.
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Saudi Arabia’s former spy chief blasts Trump’s Gaza proposal for ‘ethnic cleansing’
“What came out of Mr. Trump is not digestible. I respectfully decline to add more disrespectful comments to that, but it is a fantasy to think that ethnic cleansing in the 21st century can be condoned by world community that stays on its behinds and does not respond to that,” Prince Turki told CNN. “If he does come [to Saudi Arabia], he will get an earful from the leadership here about the unwisdom of what he is proposing and the downright unfairness and injustice that is really signified and totally placed in this proposal of ethnic cleaning from not only Gaza but what is happening in the West Bank,” Prince Turki said. Prince Turki also slammed Itamar Ben-Gvir, Netanyahu’s national security minister until the Gaza ceasefire deal was reached, as “the ultimate ethnic cleanser in Palestine.”
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Ahmed al-Sharaa’s Visit to Saudi Arabia and Turkey
These visits are very important for al-Sharaa and Syria because they have the potential to shape the country’s future. First, al-Sharaa wants to increase his legitimacy as a leader and secure the support of regional countries for the new regime in Syria. His visits outside Syria as the country’s leader and his reception by prominent leaders in the region contribute to establishing his status and strengthening him. In this context, it is important to note that in recent weeks, many diplomatic delegations from around the world have visited Syria, including the Emir of Qatar, Tamim bin Hamad Al-Thani, who visited the country on January 30.
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Jordan’s king welcomes Saudi support for Palestinian rights
He expressed his appreciation during a telephone conversation with the Kingdom’s Crown Prince Mohammed bin Salman, a day after US President Donald Trump suggested the removal of all Palestinians from Gaza so the US can take over the territory and rebuild it for others to use. “The US will take over the Gaza Strip and we will do a job with it, too; we’ll own it,” he said during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House. During their call, King Abdullah and the crown prince discussed the latest developments in the region and efforts to achieve security and stability, the Saudi Press Agency reported.
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Saudi Arabia’s Hevolution Foundation commits millions to transform healthspan research
Saudi Arabia’s billion-dollar-a-year healthspan initiative, the Hevolution Foundation, has unveiled a sweeping portfolio of grants and investments spanning three continents to fuel transformative breakthroughs in healthspan - or healthy aging - science. This week the Kingdom is hosting more than 3,000 attendees for its second-ever Global Healthspan Summit - designed to foster a healthier aging future – and is pledging hundreds of millions of dollars to accelerate discoveries toward therapeutic interventions specifically targeting healthspan. He said, “Just over a year ago, we met right here in this building, in this location, and launched the first-ever Global Healthspan Summit to be held in the world. Today, we are the second largest funder of geroscience and aging biology on the planet.”
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