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  • ‘NTP 2.0’ Keeps Key Policies and Privatization Plans in Place, Report Says
     

    Revision to Saudi Arabia’s National Transformation Plan (NTP), dubbed ‘NTP 2.0’ that was released a year ago will keep key policies of fiscal reforms and a massive privatization program in place, sources familiar with the matter told Reuters. “It is looking increasingly unlikely that some of the targets can be hit by their 2020 deadline, however, partly […]

     
  • Eid Mubarak from the SUSTG Team
     

    This week marks the start of Eid al-Adha, the greater of the two Eid celebrations and one of the holiest occasions in the Islamic calendar. The SUSTG team wishes our readers and Muslims around the world a happy and blessed Eid season!

     
  • With Hajj Beginning on Wednesday, Saudi Arabia Welcomes Millions from 178 Countries
     

    Saudi Arabia is making final preparations and welcoming millions of pilgrims into its borders for the annual Hajj pilgrimage, which begins Wednesday and lasts until September 4. The hajj is one of the five pillars of Islam, which capable Muslims must perform at least once, marking the spiritual peak of their lives. Worshippers from over […]

     
  • Looking East, Saudi Arabia Plans $20b Investment Fund with China, Al-Falih Says
     

    Saudi Energy Minister Khalid al-Falih said that the Kingdom and China plan to establish and operate jointly a $20 billion investment fund, sharing costs and profits on a 50:50 basis, according to a Reuters report based on comments from the minister. H.E. Al-Falih, who is Saudi Arabia’s Minister of Energy, Industry, and Mineral Resources, was […]

     
  • Kushner Flies to Jeddah, Saudi Arabia to Meet with Crown Prince Mohammed bin Salman
     

    Senior advisor to President Trump Jared Kushner was in Jeddah on Tuesday as part of a US delegation that met with Saudi Arabia’s Crown Prince Mohammed bin Salman. According to reports, the US delegation also included Jason Greenblatt, special presidential representative for international negotiations, and Dina Powell, deputy national security advisor for strategy. The delegation […]

     
  • Saudi Government Says It Will Charge Offenders Accused of Spreading Hate Speech Online
     

    Saudi Arabia’s Department of Public Prosecution will now have the “powers to charge offenders who are accused of spreading hate speech, creating social conflict and threatening peace and security through social media channels,” according to a Bloomberg story, which cited a government statement. The statement accompanied the “summoning” of social media users who were “called in” […]

     
  • U.S., Saudi Forces Conduct Joint Military Exercise in Tabuk, Saudi Arabia
     

    U.S. and Saudi Arabia’s ground forces on Thursday concluded a joint military exercise, translated as “Earnest Leader 2017” in Tabuk, Saudi Arabia. The exercise “aimed to develop and strengthen military relations, plans and programs between the two countries.” The joint exercise was held in the presence of Maj. Gen. Dhafer bin Ali Al-Shehri, commander of the Northwest […]

     
  • Vision 2030 Opportunities ‘Unprecedented in the Region’, HSBC Exec Says as Bank Plans Saudi Expansion
     

    HSBC is planning to add staff to its Saudi Arabian operations as the kingdom embarks “on one of the biggest economic transformations attempted by any country,” the bank’s regional chief Georges Elhedery told Reuters, via the New York Times. HSBC, which started as the Hong Kong and Shanghai Bank and is now based in London, is a […]

     
  • Plans to Tap Massive Tourism Potential for Saudi Arabia’s Red Sea Unveiled
     

    Saudi Arabia wants to turn hundreds of miles of its Red Sea coastline into a global tourism destination, according to an announcement by the government’s Public Investment Fund (PIF) and reports. The development will include “50 islands and 34,000 square kilometers — an area bigger than Belgium — between the cities of Umluj and Al Wajh […]

     
  • WHO Says Saudis are ‘Well-Prepared’ To Handle Cholera Risk at September’s Hajj
     

    The World Health Organization (WHO) said on Friday that Saudi Arabia’s authorities are “well prepared” to handle annual and new challenges surrounding the Hajj pilgrimage this year, taking place in September. Notably, a cholera epidemic in Yemen, which has infected more than 332,000 people, could spread during the world’s largest annual gathering, the World Health Organization […]

     

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