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Saudi Arabia Celebrates 90th National Day
- September 23,2020
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- SUSTG Team
Saudis around the world are celebrating Saudi Arabia’s 90th National day today, the Kingdom’s top national holiday dedicated to the history of the Kingdom as a unified state.
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G20 Trade and Investment Ministers Meet as Kingdom Reportedly Suggests Delay Main Summit until December
- September 22,2020
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- SUSTG Team
Trade and Investment Ministers from the G20 held a meeting today under the Saudi G20 Presidency to strengthen trade and investment policy cooperation towards an inclusive and sustainable economic growth amid the COVID-19 pandemic.
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Road to the G20: This Week’s Events include Trade, Science-Focused Meetings
- September 21,2020
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- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items.
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Road to the G20: L20 Summit, Focused on Workers and Labor, Emphasizes Inclusion of Women and Youth
- September 18,2020
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- SUSTG Team
On the 7th and 8th of September, the Labor 20 engagement group launched its Saudi L20 Summit, titled “A New Social Contract for Recovery and Resilience,” which was held in the Saudi capital Riyadh in accordance with COVID-19 safety measures, and was streamed online to allow the participation of international speakers and audience.
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Saudi Arabia Sternly Condemns OPEC+ Production Quota Cheaters in Meeting
- September 17,2020
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- SUSTG Team
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman scolded members of a key OPEC+ panel about cheating on oil production quotas, but did not name countries by name, according to reports.
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Netflix, Saudi Animation Studio Myrkott Sign 5-Year Deal for New Saudi-Focused Shows and Films
- September 16,2020
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- SUSTG Team
Global content powerhouse Netflix has signed a 5-year deal with a Saudi animation studio to produce Saudi-focused content for the platform, according to reports.
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New Digital Art Museum, with ‘Crowdpleasing Immersive Experiences’, to Launch in Jeddah in 2023
- September 15,2020
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- SUSTG Team
Tokyo-based multimedia collective group teamLab has signed a partnership agreement with Saudi Arabia’s Ministry of Culture to provide immersive experiences for a new digital art museum in Jeddah, according to reports, the latest investment by the Saudi government into the culture and lifestyle industry in the Kingdom.
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Saudi Electricity Co. Sells $1.3 Billion of Green Sukuk
- September 11,2020
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- SUSTG Team
Saudi Electricity Co. sold the first green bond in Saudi Arabia in what amounts to the “latest milestone in the expansion of environment-friendly debt instruments,” according to a report in Bloomberg.
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A First Look at the Saudi PIF-Backed Lucid Air, Set to Challenge Tesla’s Market Dominance
- September 10,2020
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- SUSTG Team
Lucid Motors, backed by $1 billion from Saudi Arabia’s Public Investment Fund (PIF), unveiled its first vehicle, the Lucid Air electric sedan, at a virtual event from the company’s Silicon Valley headquarters.
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Report: Saudi Binladen Group Seeks to Accelerate Corporate-Debt Revamp
- September 9,2020
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- SUSTG Team
Troubled construction giant Saudi Binladin Group (SBG) plans to hire additional advisers “to accelerate one of the Middle East’s biggest corporate-debt revamps and tackle its estimated $15 billion debt pile,” Bloomberg reports.
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MUST-READS
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Saudi-EgyptA New Start For Egypt And Saudi Arabia’s Weathered Relationship
The current situation, perceived by some as a thaw in the relation between Egypt’s president Sisi and foremost Saudi Deputy Crown Prince Mohammed bin Salman, is still unclear.
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Saudi Art SceneSaudi Arabia’s Contemporary Art Scene
The market for Arab art has benefitted from strong interest by investors in Saudi Arabia, who are keen to purchase works by artists from the region. Jeddah has one of the strongest markets in the Kingdom and experts are keen to see more events like Jeddah Art Week, the first major visual art event that took place in February, to encourage artists in the city by the Red Sea.
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2016 Arab Opinion IndexReport: Quarter of Arabs seek migration
Some 24 per cent, nearly quarter, of the Arab region’s citizens seek to emigrate their home countries in an attempt to improve their economic and financial conditions
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U.S.-Saudi RelationsSix Ways to Recommit to the U.S. Partnership with Saudi Arabia
U.S.-Saudi relations deteriorated under U.S. President Barack Obama. The decline is not irreparable but will require concerted action on the part of both governments to repair.
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Guantanamo BayFour Guantanamo detainees transferring to Saudi Arabia, as part of final wave
Four Gitmo detainees are slated to be transferred to Saudi Arabia in the next 24 hours, the first of the final wave of up to 20 transfers expected before Inauguration Day, two U.S. officials tell Fox News.
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EntrepreneurshipTop 5: Most promising Saudi Arabian start-ups
Saudi Arabia is full of innovative starter companies looking to grow into the next industry game changer. Here is a roundup of five of the best out there at the moment.
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Vision 2030Saudi Arabia Economic Reform Is a Harder Sell in Heartland
Young Saudi entrepreneurs at a Riyadh conference last month mingled comfortably across the gender divide. They sat in beanbag chairs, listened to tales from the digital frontier, and took part in panels with titles like “Unpacking the Toolkit of Tomorrow” and “Own the Trendway.”
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Travel and TourismSaudi Arabia to start work on pilgrim airport at Taif
Work on Saudi Arabia’s new Taif International Airport will start within the next three months and be completed by 2020, according to local media.
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Vision 2030Saudi Arabia’s Post-Oil Era Starts in Human Resources
A shock therapy is starting to hit home for a society that’s mostly known state handouts, cushy jobs and little reliance on private enterprise.
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Rub‘ al KhaliChiba project inaugurated in Saudi Arabia’s ‘no longer Empty Quarter’
After the inauguration of the Chiba project, one of the largest projects in the world, Saudi King Salman al-Saud said that the kingdom‘s Empty Quarter is no longer “empty”, but it is a “fully functioning location.”
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