Recent stories from sustg

• With Pandemic’s Damage in the Rear View for Saudi Arabia, Consumers Up Spending; Non-Oil Economy Recovers
  • November 24,2021

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  • SUSTG Team
   

  With Saudi Arabia’s success against the pandemic becoming the envy of countries around the world, the Kingdom’s economy is roaring back to life on the back of high oil prices and consumer confidence.

   
• Saudi Approach to Pandemic a ‘Model to the World’; Challenges and Opportunities in Kingdom’s Healthcare Sector
  • November 23,2021

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  • SUSTG Team
   

  Saudi Arabia has all but defeated the Coronavirus pandemic within its borders. New cases in Saudi Arabia have remained below the 100 mark since mid-September, making the Kingdom the envy of most other countries who are struggling to keep the virus under control. A new report from Jadwa Investment highlights how Saudi Arabia’s approach to dealing […]

   
• Reliance, Aramco ‘Mutually Determined’ to Reevaluate $15b Deal, Statement Says
  • November 22,2021

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  • SUSTG Team
   

  Reliance and Saudi Aramco have “mutually determined” to reevaluate a potential $15 billion investment by Saudi Aramco into Reliance’s oil-to-chemicals (O2C) business agreed to in 2019, according to reports and a statement from Reliance. 

   
• The 966 E12: The Price of Oil in 2022, Redefining Saudi Citizenship, and Two New Mega-Developments in Saudi Arabia
  • November 19,2021

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  • SUSTG Team
   

  In Episode 12 of The 966, the hosts tackle a recent oil price prediction from the IEA, a new Saudi Royal Decree that grants citizenship to “exceptional” people, and discuss the two newly announced mega-developments in Saudi Arabia and how they stack in comparison to the other mega- and giga-projects in the Kingdom.

   
• Saudi Arabia Turns on the Taps: Crude Exports Rise for 5th Straight Month
  • November 19,2021

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  • SUSTG Team
   

  Saudi Arabia continues to ratchet up crude oil exports to meet demand as prices rise, with exports rising in September for a fifth month in a row to their highest since January, Reuters reports, citing the Joint Organization Data Initiative (JODI).

   
• State Department Releases U.S.-GCC Iran Working Group Statement; Calls for Iran to ‘Seize the Diplomatic Moment’
  • November 18,2021

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  • SUSTG Team
   

  Diplomats from the U.S., Saudi Arabia and other GCC nations convened in Riyadh this week to discuss a coordinated effort to counter Iran’s “range of aggressive and dangerous policies,” the State Department confirmed in a statement.

   
• Saudi Arabia Announces Two New Mega-Development Plans in a Week
  • November 17,2021

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  • SUSTG Team
   

  Saudi Arabia is full steam ahead with ambitious, large-scale new developments in the Kingdom, with two new projects announced this week alone.

   
• Saudia Airlines Seeks 250-Strong Fleet by 2030 with Significant Aircraft Order – Report
  • November 16,2021

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  • SUSTG Team
   

  Saudi Arabian Airlines, known as Saudia, is contemplating an aircraft order from Airbus SE or Boeing Co. “that could total well above 100 jets as part of a push to lure more tourists,” Bloomberg reports.

   
• Saudi Telecom to Build Region’s Largest Cloud-Enabled Data Center with $400 Million Investment
  • November 15,2021

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  • SUSTG Team
   

  Saudi Telecom Co (STC), the biggest telecommunications company in the Middle East, will invest 1.5 billion riyals ($400 million) “to build the largest cloud-enabled data center in the region as the oil rich-kingdom seeks to become a center for digitalization,” Bloomberg reports, citing a spokesman for the company.

   
• 966 E. 11: Saudi Arabia at COP 26, Seven Years of King Salman, and Saudi Arabia’s First Film Festival
  • November 12,2021

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  • SUSTG Team
   

  Episode 11 of The 966 has the hosts talking about the Red Sea International Film Festival, King Salman in his 7th year on the throne, and Saudi Arabia at COP 26.

   
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