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Saudi Arabia’s June Non-Oil Exports Rise by 41%; Oil Exports Rise 123% to Over $16 billion
- August 24,2021
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- SUSTG Team
The value of Saudi Arabia’s non-oil exports, a key indicator for the Kingdom’s ongoing effort to diversify its economy, soared 41% in the month of June, according to reports citing official data released by the government on Tuesday.
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IATA Lauds Saudi Embrace of Travel Pass for Covid Vaccination Clearance
- August 19,2021
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- SUSTG Team
The International Air Transport Association (IATA) said in a press release that it welcomed the decision of the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia to accept IATA Travel Pass to confirm pre-departure COVID-19 test results for departing and arriving passengers starting 30th of September 2021.
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Saudi Issues Record Number of Foreign Investor Licenses in a Single Quarter, MISA Says
- August 11,2021
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- SUSTG Team
Saudi Arabia’s Ministry of Investment (MISA) reported issuing 478 new licenses in the first quarter of 2021, “the most number in a single quarter since records began in 2005” and a 36% increase from the same quarter last year, according to reports.
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Daily New COVID-19 Cases in Saudi Arabia Fall Below 1,000 for First Time in Two Months
- August 6,2021
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- SUSTG Team
Daily new COVID-19 cases in Saudi Arabia fell below the 1,000-mark on Thursday for the first time since June 6, according to official figures, with 986 individuals infected over the past 24 hours.
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Saudi Mortgage Lending Surges 27% in First Half of 2021 — SAMA Data
- August 3,2021
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- SUSTG Team
Residential mortgage financing in Saudi Arabia has soared in 2021, increasing 27% so far this year despite a slowdown in the 2nd quarter, according to recent data released by the Saudi Arabian Monetary Authority (SAMA) and reported by Zawya.
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Saudi Arabia Steps Up Pressure on Residents to Vaccinate with New Restrictions on Public Spaces
- July 21,2021
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- SUSTG Team
Saudi Arabia is stepping up pressure on its citizens and residents to receive both doses of a COVID-19 vaccine with a new announcement confirming that most public spaces, malls, and other areas will be open to only those who are vaccinated, according to Arab News.
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Saudi Arabia Vaccination Drive Accelerates as Toll Passes 8,000 in Kingdom, Deadline Looms
- July 15,2021
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- SUSTG Team
Saudi Arabia’s daily Coronavirus vaccination rates passed 400,000 as the government continued to emphasize the importance of the jab ahead of a key deadline in which citizens and residents will need to prove they have received the vaccine to take part in many normal daily activities.
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Saudi Prince Khaled bin Salman Visits Washington, Meets with Top Biden Officials; U.S., Saudi Speak on Oil
- July 7,2021
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- SUSTG Team
Saudi Arabia’s deputy defense minister and former ambassador to the United States Prince Khaled bin Salman on Tuesday became the highest-ranking Saudi envoy to visit Washington since Joe Biden became president in January, Reuters reports. The prince represented the Kingdom in talks with senior Biden officials on the Yemen war and threats from Iran. Prince Khaled met […]
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Saudi Arabia to Invest Over $133 Billion in Transportation Sector as Details of New Plan Emerge
- July 6,2021
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- SUSTG Team
New details are emerging regarding Saudi Arabia’s new plans to turbocharge growth in the Kingdom’s transportation sector and place it in more direct competition with the UAE as a hub connecting east and west, according to comments from the Kingdom’s transportation minister this week. Saudi Arabia will invest over 500 billion riyals ($133.34 billion) in airports, […]
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Will Oil Reach $100 Soon? Traders, Industry Execs See Oil Rising Higher
- June 23,2021
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- SUSTG Team
In April last year, at the height of the pandemic crisis that touched every corner of the globe, oil prices collapsed in a spectacular fashion as demand plummeted and supply continued apace, leaving suppliers in some cases without a place to store their excess crude oil. US oil prices plunged, falling below $0 to $-37.63 a barrel – […]
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MUST-READS
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Security ThreatsFrom ISIS to Activists: New Security Trials in Saudi Arabia
In 2008, Saudi Arabia established the Specialized Criminal Court to try al-Qaeda detainees who had been connected to attacks inside the kingdom.
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IndiaTrade, investment, diaspora and security factors in India’s Middle East push
Nearly 20 percent of India's total import of crude oil in this period came from Saudi Arabia, closely followed by Iraq. Iran was the sixth highest supplier for the period.
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TurkeyKurdish militants reportedly shoot down Turkish security forces helicopter
They were used to stalk Russian helicopters in Afghanistan, and the United States has worked hard to keep them out of chaotic Syria. But now Kurdish guerrillas battling Turkey's security forces may now have shoulder-fired missiles — an acquisition analysts say will seriously challenge Turkish air power and potentially intensify fighting in the region.
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Energy SecurityThree ways to improve security along the Middle East’s risky energy routes
But multiple regional security threats highlight threats to energy transit from and through the Middle East and North Africa (MENA)—and demand new thinking about solutions.
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National Centre for Joint Security OperationsSaudi to open ‘biggest’ security surveillance centre in Middle East
The centre was previously known as the Command and Control Centre, and dealt solely with coordinating security services. The new centre will integrate all security related matters into one centralised body.
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LebanonLebanon Holds Local Elections Under Tight Security
Thousands of Lebanese are headed to the polls under tight security for municipal elections in Beirut and the Bekaa Valley.
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Arab Peace InitiativeVideo: A Conversation on Security and Peace in the Middle East with Prince Turki al Faisal and retired IDF Maj. Gen. Yaakov Amidror
Watch a pathbreaking public dialogue between senior national security leaders from two old adversaries - His Royal Highness Prince Turki bin Faisal, Saudi Arabia's former intelligence chief and one-time ambassador to Washington, and retired IDF Maj. Gen. Yaakov Amidror, former national security advisor to Prime Minister Netanyahu.
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National Security CouncilWhat’s Wrong with Obama’s National Security Council?
The NSC staff has become bigger, roughly doubling since 1992 to about 400 people.
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AfghanistanTaliban launches attack on Afghan government security agency
Armed militants in Afghanistan staged an assault on a government security agency in the capital Tuesday morning, killing at least 28 people and wounding more than 320. The Taliban has claimed responsibility.
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War in YemenPerspective: What the Yemen ceasefire means for the Gulf, the anti-ISIS campaign, and U.S. security
The United States has been quietly pushing the Saudis to end the war for several months, even as Washington provides critical intelligence and logistical aid to the coalition.
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