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Recent stories from sustg
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Inaugural World Defense Show in Saudi Arabia Produces Results in Saudi’s Localization Drive for U.S. Companies
- March 7,2022
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- SUSTG Team
Saudi Arabia is hosting its first ever major defense show as industry giants from around the world assemble in Riyadh to display the latest in military tech — and pitch for lucrative opportunities as Saudi Arabia seeks to localize much of its defense industry production.
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Top PGA Tour Golfers Balk at Saudi-backed Super Tour, Dealing Blow to Organizers
- February 21,2022
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- SUSTG Team
Many of the top golfers in the world are saying “no” to joining a Saudi-backed rival to the U.S.-based Professional Golfers Association (PGA) tour.
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Report: Staggering Estimated Cost of Air Pollution for the Middle East Reaches $141 billion a Year
- February 9,2022
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- SUSTG Team
Air pollution is costing the Middle East and North Africa (MENA) region countries as much as 2% of total economic output per year, a World Bank report said, which said that MENA nations should curb fossil-fuel subsidies, provide cleaner transport and create markets for emissions.
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Overwhelming Interest in Saudi Security Company Elm’s IPO; Institutional Investors 69.5x Oversubscribe
- February 1,2022
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- SUSTG Team
Elm, a digital security firm owned by Saudi Arabia’s Public Investment Fund, drew $57 billion in orders for its IPO from institutional investors, according to Bloomberg, in what appears to be the latest evidence that the appetite for middle east stocks continues to run strong.
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Report – Global Islamic Funds Market has Grown by More than 300% Over the Last Decade
- January 27,2022
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- SUSTG Team
The global Islamic funds market has grown by more than 300% over the last decade to nearly reach $200 billion in assets under management, according to a new report from the Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) as reported in Reuters.
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Saudi Arabia’s Stock Market Holds Near 15-Year Highs; Goldman Sees Saudi as Region’s Busiest in 2022
- January 24,2022
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- SUSTG Team
Saudi Arabia’s benchmark index is holding steady at 15-year highs despite breaking a 10-day positive streak on Sunday, the first day of trading for the week.
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Goldman Sachs is ‘Extremely Bullish’ on Commodities Amid Potential Decade-Long ‘Supercycle’
- January 6,2022
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- SUSTG Team
Goldman Sachs’s global head of commodities research Jeff Currie told Bloomberg today in a televised interview that the bank is “extremely bullish” on commodities amid a supercycle that has the potential to last for a decade.
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The 966 Talks Energy, Renewables, and Climate with Energy Expert Kate Dourian
- January 5,2022
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- SUSTG Team
The 966’s introduces its first topical discussion format with energy expert Kate Dourian, non-resident fellow at the Arab Gulf States Institute in Washington and contributing editor at MEES, the Middle East Economic Survey. Kate is also a former editor and veteran journalist covering energy and more in the region for Reuters and Platts. Kate joins […]
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Facing Omicron Variant Surge, Saudi Arabia Steps Up Precautions, Increases Vaccine Requirements
- December 30,2021
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- SUSTG Team
Wasting no time in attempting to get ahead of the Omicron variant of the Coronavirus, Saudi Arabia moved forward with new rules and requirements aimed at protecting people within the Kingdom’s borders – and the Saudi economy.
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Part 2 – The 966 Exclusive Interview with Fahad Nazer, Spokesperson for the Saudi Embassy in Washington, D.C.
- December 20,2021
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- SUSTG Team
The 966 features an exclusive, two-part interview with Fahad Nazer, spokesperson for the Saudi embassy in Washington. In Part 2 of the interview, the hosts ask Mr. Nazer about a wide range of issues, including about Saudi Arabia’s students in the United States, Iran, Saudi Arabia’s relationship with Israel. The hosts also ask Fahad a […]
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MUST-READS
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Saudi-ChinaSaudi Arabia, China sign security cooperation pact
A five-year action plan for cooperation in the field of security training between Saudi Arabia and China was signed here on Sunday.
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Security in QatifSaudi security officer killed in drive-by shooting
A Saudi security officer was killed and a second was wounded on Sunday in a drive-by shooting in Qatif.
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SecurityGunmen who killed Saudi security officers linked to other attacks: government
Gunmen who shot dead two security officers in the eastern Saudi Arabian city of Dammam on Tuesday were connected to previous militant attacks in the region, the Interior Ministry said on Thursday.
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SecurityTwo Saudi security officers ‘shot dead by gunmen’
Gunmen shot dead two Saudi security officers in the eastern city of Dammam on Tuesday, Saudi-owned Arabiya TV reported.
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U.S.-Saudi Security CooperationPerspective: Why the U.S.-Saudi Defense and Security Relationship Will Remain Firm
In the real world, however, the U.S. military continues to be a semi-permanent presence in and around the Arabian Peninsula, with junior support roles for the UK and France.
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Gulf WaterWater at the Nexus of Gulf Security and Growth Challenges
Accordingly, sustainable water provision is a persistent challenge facing governments of the Gulf Cooperation Council states as they seek to ensure human security, and maintain social and political stability.
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Climate ChangeA Military View on Climate Change: It’s Eroding Our National Security
The armed forces have been studying climate change for years from a perspective that rarely is mentioned in the news: as a national security threat. And they agree that it poses serious risks.
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Saudi Syria PolicySaudi Arabia Acts at U.N. Security Council to Denounce Assad
Saudi Ambassador to the U.N. Abdallah Al-Mouallimi revealed that his country would present a letter to the Security Council demanding the cessation of fighting and air assaults in Syria’s Aleppo, after Russia used its veto against a French draft resolution demanding an end to the bombings on the city.
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GazaGaza fishermen feel caught by Israel’s tight security net
Working off the coast of Gaza, where Israel imposes restrictions preventing fishing boats going out more than six nautical miles, was already hard enough without Israel’s security services trying to co-opt him, he said.
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CybersecurityThe US Has Its First Cybersecurity Director
The White House named its first-ever chief information security officer Thursday, part of its broader effort to shore up cyber practices after last year’s massive intrusion into federal background check databases.
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