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Recent stories from sustg
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Understanding the Saudi-Iran agreement with a trio of special guests: Saudi Embassy Spokesperson Fahad Nazer, CSIS’ Dr. Jon Alterman, and Saudi Foreign Policy Expert Dr. Aziz Alghashian
- March 24,2023
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- SUSTG Team
Saudi Arabia and Iran recently agreed to normalize ties between the two regional powers after seven years. The 966 speaks with three top voices to understand the deal and the potential road ahead for Saudi Arabia, Iran, China, the United States, and other regional and global players.
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Iran’s Government Proposes Three Locations for Meeting of Foreign Ministers; Riyadh Reportedly Invites President to Visit
- March 20,2023
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- SUSTG Team
The Iranian government has proposed to Saudi Arabia three locations for a meeting of foreign ministers, according to Iran’s foreign minister, as the two countries move forward with re-establishing ties.
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Saudi Arabia Records 31 Percent Rise in Government Revenues in 2022 – MOF
- March 9,2023
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- SUSTG Team
Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
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Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Makes Surprise Visit to Ukraine, Signs Deals
- February 27,2023
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- SUSTG Team
Saudi Arabia’s foreign minister Prince Faisal bin Farhan Al-Saud made a surprise visit to Ukraine’s capital, Kiev, and met with Ukraine’s President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dmytro Kuleba, and others.
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Lydia Ko Wins 2023 Aramco Saudi Ladies International with One Shot Victory at Royal Greens
- February 20,2023
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- SUSTG Team
Lydia Ko fired a final round of 68 (-4) to win the 2023 Aramco Saudi Ladies International presented by Public Investment Fund by one stroke.
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FDI Inflows into Saudi Arabia Soar in 3Q 2022; MISA Says Investment Licenses Granted Up Over 50%
- February 7,2023
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- SUSTG Team
Saudi Arabia saw more positive economic news this week, as Foreign direct investment (FDI) inflows into the Kingdom rose 10.7% in the third quarter of 2022 over the same period a year earlier. Figures from the investment ministry showed FDI inflows totaled 7.2 billion riyals ($1.9 billion) in the third quarter of 2022, up from 6.5 billion riyals […]
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Saudi Arabia’s PIF Remains 6th Largest SWF Globally, Latest Data Show
- January 30,2023
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) now has assets worth $607.42 billion and is the 6th largest sovereign wealth fund in the world, according to latest data from the Sovereign Wealth Fund Institute.
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Real estate in Saudi Arabia, Riyadh’s $22.5 BILLION metro, and the Ronaldo-Messi-Mbappe game
- January 20,2023
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- SUSTG Team
In episode 72 of The 966, the Riyadh Metro project, the game-changing public transportation project in Saudi Arabia’s capital, “will be opened soon.” A discussion on the hot real estate market in Riyadh and across Saudi Arabia. Then, to kick off the program’s “Yallah!” segment, the hosts spend some time talking about the Dakar Rally, […]
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Saudi Arabia’s Ma’aden Forms JV with the Public Investment Fund (PIF) to Invest in Mining Assets Abroad
- January 11,2023
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- SUSTG Team
Saudi Arabia will establish a firm to invest in mining assets internationally, according to reports.
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Soccer Superstar Captain Cristiano Ronaldo Joins Saudi Club Al-Nassr
- January 2,2023
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- SUSTG Team
Portugal captain Cristiano Ronaldo has joined Saudi Arabian club Al Nassr on a 2-1/2 year contract, the club announced on Friday, after leaving Manchester United disgruntled with ownership and manager Erik ten Hag to become a free agent ahead of the World Cup.
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MUST-READS
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Renewable EnergySaudis Seek Bids for First Utility-Scale Plant for Wind Power
Saudi Arabia, the world’s biggest exporter of crude oil, moved a step closer toward the construction of its first utility-scale wind-power project.
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GazaGaza ‘unlivable’ ten years after Hamas seized power: U.N.
A decade after the Islamist group Hamas seized Gaza, the Palestinian enclave is effectively unlivable for its 2 million people, with declining incomes, healthcare, education, electricity and fresh water, the United Nations said.
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U.S. Foreign PolicyHow Trump is empowering the military — and raising some eyebrows
In his first six months in office, President Donald Trump has overseen a steady transfer of power from the White House to the Pentagon, handing off several warfighting authorities that previously rested in his hands -- and those of past presidents of both parties -- to the Pentagon and the commanders overseeing the US' military campaigns.
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Crown Prince SuccessionCommentary: Saudi Arabia’s untested new crown prince: Mohammed bin Salman has high hopes, but rises to power at a dangerous moment
King Salman's son Mohammed is now the desert kingdom's dominant figure — and the challenges before him are huge
- FT - A family coup in Saudi Arabia
- The Arab Weekly - Editorial: A smooth transition in Saudi Arabia
- Washington Post - Who is Saudi Arabia’s new crown prince?
- Huffington Post - A New Saudi Crown Prince —A New Saudi Arabia?
- Washington Post - Editorial: There’s reason to doubt Saudi Arabia’s charming new crown prince
- Project Syndicate - Saudi Arabia’s Game of Thrones
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SyriaPerspective: This Is How Great-Power Wars Get Started
The present political dynamics in the Middle East are unsettled and kaleidoscopic. But in the interests of brevity, leaving aside smaller players, and before we think about the role of the United States and Russia, the basic configurations of power in the region since the 2011 Arab Spring can be simplified in terms of five loose groupings.
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Crown Prince SuccessionSaudi Arabia’s New Heir Leads Revolution of Powerful Millennials
While the elevation of Prince Mohammed bin Salman, 31, as heir to the throne this week caught the attention, some of his cousins and relatives whose fathers held key posts in past decades have been installed in the royal court as advisers, sent to the U.S. and Europe as ambassadors and appointed to government institutions in Riyadh.
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RussiaThe Senate Has Agreed to Impose New Sanctions on Russia, While Curbing the White House’s Power to Ease Them
Senate Republicans and Democrats reached agreement late Monday on a new package of sanctions on Russia amid the firestorm over Russia's meddling in the presidential election and investigations into Moscow's possible collusion with members of President Donald Trump's campaign.
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Global Gender GapMENA’s Women In Business On What Empowerment Means To Them
The WEF’s Global Gender Gap Report of 2016 revealed that the GCC nations are among the lowest ranked countries in the world, with Qatar being the highest ranked Gulf nation (119th), Kuwait (128th), Bahrain (131st), Oman (133rd), and Saudi Arabia (141st).
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Qatar DisputeTrump jumps into worsening dispute between Qatar and powerful bloc of Arab countries
A senior White House official said Trump’s tweets did not indicate any change in policy or new information. “I think this actually shows the influence [Trump’s] trip had to isolate those who fund terrorism in the region,” said the official, who spoke on condition of anonymity to discuss the sensitive diplomatic issue.
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PrivatizationSaudi Arabia said to consider IPO for power company Marafiq
Saudi Arabia’s Power and Water Company for Jubail and Yanbu, or Marafiq, is considering plans for an initial public offering, according to people familiar with the matter.
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