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Recent stories from sustg

  • Coca-Cola Becomes Official Sponsor of Saudi Arabian Football Federation
     

    Coca-Cola has become the official sponsor of the Saudi Arabian Football Federation (SAFF).  SAFF is Saudi Arabia’s football governing body and it administers all Saudi club competitions as well as the development of the Saudi national team. The agreement with Coca-Cola includes full support of the Saudi national team as well as the three main […]

     
  • $20 Billion Dow-Saudi Aramco Venture Takes Another Step
     

    Sadara, a joint-venture between Dow Chemical Company and Saudi Aramco has started its mixed feed cracker, the only one of its kind in the Middle East and one of 26 manufacturing units that will be part of the Sadara chemical complex. Located in Jubail Industrial City along the Gulf coast of Saudi Arabia, Sadara was […]

     
  • In 2016, Saudi Restrictions Removed for U.S. Meat Exporters
     

    2016 has been a good year for U.S. farmers and food producers looking to expand into the Saudi market as the Kingdom has relaxed previously established restrictions on both poultry and beef imports from the United States.  In July, Saudi Arabia lifted a lengthy four-year ban on US beef imports that followed a scare over […]

     
  • Ministry of Labor Moves to Implement Saudisation of all Telecom Shops
     

    The Saudi Ministry of Labor and Social Development continues to move aggressively to implement its goal to Saudize the telecom sector – specifically workers in mobile telephone shops – by September 2, 2016. Minister Mofrej Al-Haqbani had previously stated that, “We have no intention of postponing the implementation of the decision or extending the grace […]

     
  • As Civilian Casualties Grow in Yemen, Capitol Hill Questions U.S.-Saudi Arms Deals
     

    As casualties mount in the Saudi-led war in Yemen to reinstate the legitimate U.N.-recognized Hadi government, some U.S. lawmakers are considering whether to block the sale of additional arms to Saudi Arabia. It is not known if the potential block has significant backing on Capitol Hill, and criticism of past arms sales to Saudi Arabia […]

     
  • Saudi Capital Market Authority Eases Guidelines for Qualified Foreign Investors
     

    Saudi Arabia’s Capital Market Authority (CMA) Board has approved changes to rules that regulate what type of foreign investor can enter into the Saudi stock market.  The changes include 24 Articles that address procedures, requirements, and conditions for the registration of qualified foreign investors (QFIs) with the CMA to invest in listed securities in the Saudi […]

     
  • Is Saudi Arabia’s Economy Turning the Corner?
     

    Saudi Arabia’s non-oil private sector may be showing signs of stabilization after roughly two years of uncertainty and significant economic policy changes, according to new data. A recently published Saudi Arabia PMI by Emirates NBD shows growth in Saudi Arabia’s non-oil private sector accelerated to an eight-month high in July. “July’s survey is encouraging as it suggests […]

     
  • $6.9 billion in Tourist Projects Approved under Saudi NTP
     

    Saudi Arabia approved more than SR26 billion ($6.9 billion) of tourism projects under the Kingdom’s National Transformation Program (NTP) on Sunday, according to reports. The funding will go to existing development projects in the pipeline as well as new efforts to preserve Saudi Arabia’s heritage sites, of which many are seen as underdeveloped and inadequately protected. Previously, […]

     
  • Fahad Nazer: ‘What I learned from attending a round table with the Foreign Minister of Saudi Arabia’
     

    Last month, Foreign Minister Adel Al-Jubeir hosted a private round table discussion at the Embassy of Saudi Arabia in Washington with a very small group of Washington-based political analysts and Middle East scholars. Fahad Nazer, Senior Political Analyst at JTG Inc., shared his reaction from the meeting on JTG’s blog. “In this small, less formal setting, […]

     
  • SABIC, Exxon Affiliate Studying JV Petrochemicals Complex on U.S. Gulf Coast
     

    Saudi Arabia’s SABIC said Monday it is studying launching a jointly-owned petrochemicals complex with an affiliate of U.S. Exxon Mobil. fIf developed, the project would be “located in Texas or Louisiana near natural gas feedstock and include a world-scale steam cracker and derivative units,” the company said. Before making final investment decisions, the companies will “conduct necessary […]

     

MUST-READS

  • How Sports Are Making Saudi Arabia Look Better Than Ever

    This spotlight has also largely succeeded in redefining narratives of Saudi Arabia's reputation abroad in countries like the United States, where long-standing concerns over the nation's human rights situation have been substantially diluted as Riyadh bears the soft power fruits of its multibillion-dollar push to attract foreign fans, talent and events.

  • Saudi border guards foil smuggling attempts near Jazan

    Border Guard land patrols have foiled an attempt to smuggle 135 kilograms of qat in Al-Dayer sector of Jazan Region. Also in Jazan region, border police thwarted an attempt to illegally transport 160 kilograms of qat in Al-Ardah. Legal procedures were followed, and the seized items were handed over to the concerned authority. Meanwhile, two Pakistani residents attempting to sell 4.7 kilograms of methamphetamine in Jeddah. The individuals were referred to the Public Prosecution for legal action.

  • Iran election: Young voters’ divide over 2022 protests shapes presidential race

    Atousa joined angry protests against Iran's rulers in 2022 that loyalists like Reza helped crush. Two years on, the two young Iranians' political views remain at odds, reflecting a rift that will shape the outcome of presidential elections this week. Now 22, Atousa says she will abstain from voting in Friday's ballot to choose a successor to Ebrahim Raisi after his death in a helicopter crash, regarding the exercise with derision.

  • How children starve

    Nearly 166 million people worldwide are estimated to need urgent action against hunger, according to the Integrated Food Security Phase Classification (IPC), a global partnership which measures food insecurity. That includes nearly everyone in the Gaza Strip, where the Israeli military launched an offensive in October following an attack on Israel by Hamas militants. More than one million of Gaza’s inhabitants face the most extreme form of malnutrition – classified by the IPC as ‘Catastrophe or Famine.’

  • FTSE Russell implements periodic changes to Saudi market today

    Global index provider FTSE Russell will implement today, June 24, the changes announced as part of its quarterly index review. The changes will be effective as of June 25 and will be implemented today, during the closing auction and trading periods at the closing price, as per the requirements of the global indices managers.

  • Huge Saudi construction projects ‘might get scaled down’

    As well as Neom, Saudi Arabia is also developing 13 other large construction schemes, or “giga projects” as they are referred, worth trillions of dollars. These include an entertainment city on the outskirts of the capital Riyadh, multiple luxury island resorts on the Red Sea, and a cluster of other tourist and cultural destinations.

  • How Saudi Arabia is surging tourism industry with Visa-Free Entry for 49 countries including USA, Japan, China, Australia ?

    Saudi Arabia offers visa-on-arrival or an eVisa for citizens from 49 countries, mainly focusing on Europe, North America, and parts of Asia. Key countries include the United States, Canada, the United Kingdom, Schengen Area countries (e.g., France, Germany, Italy), Japan, China, Australia, and New Zealand. These visas allow multiple entries and are valid for one year, with each stay lasting up to 90 days.

  • UFC Saudi Arabia bonuses: Robert Whittaker, Volkan Oezdemir’s stunning knockouts lead list

    The former middleweight champion stormed into the octagon Saturday at UFC Saudi Arabia and needed less than two minutes to dismiss short-notice opponent Ikram Aliskerov with a ferocious series of knockout punches. For his latest highlight, Whittaker was awarded with a $50,000 Performance of the Night bonus.

  • Saudi woman Sondos Jaan set to climb the highest peak in the Arab world

    Sondos Jaan embarked on the journey to the highest peak in the Arab world on June 20. It is the latest episode in Jaan’s love for mountain adventures, but to understand the fascination it is important to take a look back at her childhood. She told Arab News: “I am from Madinah. I was born in a city where I could see a mountain from my bedroom window, and as I walked the streets I would see mountains.”

  • Saudi Arabia continues three-term school year, allocates 8-week summer vacation

    The upcoming academic year will allocate 8 weeks for the summer vacation. The first term will begin on Sunday, August 18, 2024, the second term will begin on Sunday, November 17, 2024, and the third term will begin on Sunday, March 2, 2025, ending on Thursday, June 26, 2025. The vacations for the upcoming academic year include: National Day vacation, long weekends, autumn break, long weekends, mid-year break, Foundation Day break, winter break, Eid Al-Fitr break, and another long weekend, as well as Eid Al-Adha break.