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Recent stories from sustg
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KAPSARC: Estimating the Impact of the COVID-19 Pandemic on Saudi GDP
- June 11,2020
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- SUSTG Team
Riyadh-based think tank KAPSARC recently released a report examining the estimated impact of the COVID-19 Pandemic on Saudi GDP, finding a “medium scenario” of severity as described in the report most likely.
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A Milestone for Al-Ula’s Conservation Efforts as Kingdom Welcomes Newborn Gazelle
- June 5,2020
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- SUSTG Team
Saudi Arabia took a first and important step in its longterm conservation plans for the Al-Ula area this week by welcoming a newborn Arabian gazelle, which took its first steps under the watchful eye of rangers from Al Ula’s Sharaan Nature Reserve, according to a report in The National.
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Saudi Arabia Reports 12 New Deaths from Coronavirus, 2,532 New Cases
- May 21,2020
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- SUSTG Team
Saudi Arabia reported a steady increase of 2,532 new coronavirus cases and 12 new deaths, which brings the total number of cases in the Kingdom to 65,077 and the virus-related death toll to 351, the Ministry of Health announced.
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Saudi Arabia’s Al-Jadaan Announces New Measures to Shore Up Kingdom’s Finances
- May 11,2020
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- SUSTG Team
Saudi Arabia is taking new austerity measures to cope with the impact of the coronavirus pandemic and low oil prices, announcing that it would triple its VAT and slash a cost-of-living allowance for government workers, according to reports and comments from the Kingdom’s finance minister H.E. Mohammed Al-Jadaan.
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Despite Pandemic, Delivery Food App Uber Eats Ceases Operations in Saudi Arabia, Company Says
- May 5,2020
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- SUSTG Team
Uber Eats has decided to withdraw its food delivery service in both Saudi Arabia and Egypt, and will join forces with Careem in the UAE, according to reports, citing comments from company leadership in the region.
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Saudi Arabia Takes $500 Million Stake in Coronavirus-hit LiveNation
- April 28,2020
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- SUSTG Team
Saudi Arabia’s sovereign wealth fund bought a 5.7% stake in the LiveNation, the U.S. events and ticketing company, which is parent to Ticketmaster, according to reports.
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As Ramadan Approaches, Saudi Arabia Prepares for Holy Month Under Coronavirus Restrictions
- April 17,2020
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- SUSTG Team
For Saudis and other Muslims around the world, the approaching month of Ramadan will look different this year as governments take preventative measures to safeguard their citizens from the coronavirus.
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To Avoid Layoffs, Saudi Arabia to Guarantee Salaries to Support Virus-Hit Firms
- April 3,2020
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- SUSTG Team
Saudi Arabia moved to help firms avoid having to fire Saudi citizens amid an economic slowdown resulting from the coronavirus pandemic, according to reports.
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‘We are determined to spare no effort’: G20 Leaders’ Summit Statement on COVID-19
- March 27,2020
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- SUSTG Team
Leaders of the G20 economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic,” according to a statement from the G20 leaders.
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Everything Saudi Arabia is Doing to Combat the Spread of COVID-19 in One Video
- March 17,2020
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- SUSTG Team
Saudi Arabia’s ambassador to the United States HRH Princess Reema bint Bandar recently shared on twitter a 60-second video showing all the steps that Saudi Arabia has taken to combat the spread of the Coronavirus, or COVID-19, within the Kingdom.
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MUST-READS
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EconomySaudi Competition Czar to Wield More Power With Revamped Law
Saudi Arabia’s competition enforcement will have more teeth under a revamped law meant to attract investment at a time the kingdom looks to diversify its economy from a decades-long reliance on crude.
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Princess ReemaSaudi Ambassador to US Princess Reema hailed as ‘inspiring figure’ for female empowerment
A recognized global figure, Princess Reema has spoken publicly about the inclusion of women in the Saudi workforce, describing the liberalization under way as “evolution, not Westernization.”
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PowerSaudi Arabia’s Acwa Power closes funding for $700m Rabigh-3 IWP
A consortium led by Saudi Arabia’s Acwa Power and comprising Saudi Brothers Commercial Co (SBCC) has signed senior financing and hedging agreements for the $700m (SAR2.6m) Rabigh 3 Independent Water Project (IWP), one of the world’s largest seawater reverse-osmosis (SWRO) projects, in Saudi Arabia.
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Power RankingsUS Study: Saudi Arabia is World’s 9th Most Powerful Country
The rankings look at a country's political and financial influences, as well as its international and alliances, the strength its military and how it acts as an international leader.
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Power RankingsMost Powerful Countries: Ranked
The world’s most powerful countries also are the ones that consistently dominate news headlines, preoccupy policymakers and shape global economic patterns.
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Warsaw ConferenceEuropean powers to present cool front at Warsaw summit
Key European powers will offer only limited participation in a high-profile Trump administration summit on the Middle East starting on Wednesday, reflecting their growing anger over unilateral US policymaking on Iran and Syria.
- Al-Arabiya - US seeks to increase pressure on Iran at Warsaw conference
- Xinhua - Poland says 11 Middle East countries to attend Warsaw Conference
- Radio Poland - US state secretary in Poland for Middle East conference
- Washington Post - Pompeo shrugs off expected no-shows ahead of U.S.-hosted conference on Middle East
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Pope FrancisCommentary: The Pope’s Visit and Emirati Soft Power
Pope Francis' historic visit to the UAE, the first by the head of the Roman Catholic Church to the Arabian Peninsula, represents the most high-profile of a series of initiatives positioning the UAE as a champion of interfaith dialogue, moderation, and pluralism.
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EgyptConstitutional proposals could allow Sisi to stay in power till 2034 – document
The proposed amendments were submitted to the speaker of parliament on Sunday. Any changes need approval by two-thirds of parliament members, followed by a referendum.
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Nuclear PowerHow Saudi Arabia’s nuclear power will play a role against climate change
As nuclear power is increasingly being seen as a key element in tackling climate change, Saudi Arabia is moving toward adopting the renewable energy source.
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Wind EnergySaudi Arabia’s first wind farm, most powerful in the Middle East
The future wind farm will benefit from a 20-year power purchase agreement with the Saudi Power Procurement Company, a subsidiary of SEC (Saudi Electricity Company), the Saudi power generation and distribution company.
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