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Road to the G20: Two-Day Virtual B20 Begins Today
- October 26,2020
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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. This week, Saudi Arabia will host the B20 business-focused group, as well as the T20 meetings later this week.
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Strict Countermeasures Continue to Pay Off as Saudi Arabia’s Covid Deaths Hit New Lows
- October 23,2020
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- SUSTG Team
Strict rules and regulations in place and an elevated social awareness of the danger of the coronavirus continues to pay dividends in stopping the spread of the virus in Saudi Arabia, data confirms. Saudi Arabia on Friday recorded just 383 new coronavirus cases and 14 deaths, representing some of the lowest figures seen in the Kingdom since […]
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Saudi Arabia Launches National Strategy for Data and Artificial Intelligence at Global AI Summit
- October 21,2020
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- SUSTG Team
Saudi Arabia on Wednesday launched a National Strategy for Data and Artificial Intelligence (AI) and will announce several AI-related partnerships, Reuters reports, citing Abdullah bin Sharaf Alghamdi, the head of the Saudi Data and Artificial Intelligence Authority (SDAIA).
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IMF Sees Contraction in 2021 for Middle East Economies, With Oil Prices in $40-$50 Range
- October 20,2020
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- SUSTG Team
The International Monetary Fund (IMF) downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1% contraction for the region as a whole, according to latest data released by the international organization.
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Saudi Aramco, SABIC ‘Reassess’ $20b Crude-Oil-To-Chemicals Project — Reports
- October 19,2020
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- SUSTG Team
Saudi Aramco and Saudi Basic Industries Corporation (SABIC) have decided to re-evaluate their $20 billion crude-oil-to-chemicals project and are now looking at integrating existing facilities instead, in a move to save costs in the face of lower oil prices, according to Reuters.
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In Washington, Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Discusses Regional, Global Issues
- October 16,2020
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- SUSTG Team
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan took part in a virtual appearance yesterday with the Washington Institute for Near East Policy and discussed a range of regional and global issues following the inaugural U.S-Saudi Strategic Dialogue meetings with Secretary of State Mike Pompeo.
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U.S.-Saudi Strategic Dialogue: Pompeo Declares ‘New Era’ in the U.S.-Saudi Relationship, New Riyadh Embassy Eyed
- October 15,2020
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- SUSTG Team
The inaugural US-Saudi Strategic Dialogue that kicked off Wednesday in Washington marks a “new era” in the U.S.-Saudi relationship, Secretary of State Mike Pompeo said in comments made alongside his counterpart, Saudi Foreign Minister Prince Faisal bin Farhan, following their meeting.
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Arab News Launches ‘Research and Studies’ Unit to Deliver ‘Thought-Provoking Studies by Experts on Regional Affairs’
- October 13,2020
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- SUSTG Team
Arab News, Saudi Arabia’s leading English-language daily news publication, has announced the establishment of a new Research and Studies Unit (RSU) which will “deliver thought-provoking studies written by a team of acclaimed resident and non-resident experts on a number of regional affairs,” according to a press release from the company.
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Road to the G20: This Week’s Meetings Include Youth-Focused Y20, Finance Meetings
- October 12,2020
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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. This week, Saudi Arabia will host the Y20 youth-focused group, as well as finance-focused meetings.
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Virginia-Based SAIC Wins $49.5 Million U.S. Navy Contract for Royal Saudi Naval Forces
- October 9,2020
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- SUSTG Team
The U.S. Navy awarded Reston-based Science Applications International Corp. (SAIC) a $49.5 million single-award task order to continue to provide the Royal Saudi Naval Forces support services for command, control, communications, computers, and intelligence, surveillance and reconnaissance (C4ISR) upgrade and refurbishment, a press release issued by the company confirms.
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MUST-READS
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Hip HopHow Hip Hop became part of Saudi Arabia’s cultural scene
There has been debate over Hip Hop’s culturally acceptability in Saudi Arabia and whether it can become part of the Kingdom’s art landscape. Al-Jasser noted that the art of Hip Hop must be respectful and consistent with the Kingdom’s laws and regulations.
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SadaraSaudi’s Sadara starts first polyols plant in Saudi Arabia
"The polyols plant is one of the last of Sadara's 26 chemical facilities to start up. It is also one of Sadara's 14 facilities that will produce specialty chemicals never before produced in Saudi Arabia," Sadara said.
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Qatar DisputePerspective: Gulf Crisis Shows How Discrimination in Saudi Arabia, UAE and Qatar Tears Families Apart
My colleague and I spent the last week of the Muslim holy month of Ramadan listening to 50 Gulf citizens express their shock, anger, and confusion about the unfolding political crisis. While leaders highlighted long-standing political differences, the isolation of Qatar revealed instead how intertwined Gulf societies are.
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WaterSaudi Arabia mulls partial sale of water company
Saudi Arabia’s National Water Co. is seeking financial advisers to arrange the sale of parts of the country’s water distribution network, according to people familiar with the matter
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Public HealthcarePublic Healthcare in the Kingdom of Saudi Arabia: Plans for Private Sector Participation
Prospective private investors in the Kingdom’s public healthcare system should be encouraged by the latest developments as they show that the MOH is dedicated to attracting private sector investment and expertise to the public healthcare system and fulfilling the objectives of Saudi Vision 2030 and the National Transformation Program 2020.
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Expat Family TaxOnce tax-free, Saudi Arabia starts expat levy
An estimated 11 million foreigners work in the Saudi private sector, with 2.3 million of their dependents based in the kingdom, according to the Public Authority for Statistics. The tax is expected to increase every year until 2020, when it will cap at 4,800 riyals ($1,280/ 1,126 euros) per dependent annually.
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Start-UpsArab world nurturing start-ups as bedrock for future economy
Compared to a decade ago there are more than a dozen venture capital funds that are targeting start-ups in the region
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High TemperaturesTemperatures to reach 50°C in some parts of Saudi Arabia
The Presidency of Meteorology and Environment (PME) warned that starting today in the Eastern Province, temperatures will surpass 50°C
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Crown Prince Mohammed bin SalmanThe Startling Rise of the Brash Young Man Who Would Be King of Saudi Arabia | Time.com
When Salman becomes King, he will have a much smoother start to his reign if oil prices recover enough to provide extra revenue to allow state spending on the projects and subsidies that keep the royals popular.
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Eid Al-Fitr: 2017Saudi, most Gulf Arabs start Eid al-Fitr on Sunday
Saudi Arabia, the birthplace of Islam, and most other Gulf Arab states will celebrate the Muslim Eid al-Fitr feast on Sunday to mark the end of the holy fasting month of Ramadan, regional media said on Saturday.
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