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Road to the G20: Saudi Arabia Hosts Space Economy Leader Meeting
- October 8,2020
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- SUSTG Team
Saudi Arabia’s Space Commission organized 2020′s first meeting of space agency leaders that belong to G20 countries, as part of its chairmanship of the G20 this year.
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Saudi Arabia Bids to Host 2030 Asian Games in Riyadh
- October 7,2020
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- SUSTG Team
Saudi Arabia’s sports minister Prince Abdulaziz bin Turki Al-Faisal on Sunday launched the Kingdom’s official campaign to help secure enough votes from members of the Olympic Council of Asia (OCA) to host the 21st Asian Games in 2030, according to reports.
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Road to the G20: This Week’s Events Include Civil Society (C20), Tourism Meetings
- October 5,2020
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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 virtual meetings on Civil Society (C20), as well as meetings on tourism and a workshop on sustainable mobility.
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Road to the G20: Delegates at U20 Mayors Summit in Riyadh Discuss Transformation of Urban Energy Systems Using Renewables
- October 2,2020
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- SUSTG Team
The 3-day virtual Urban 20 (U20) meeting concluded today as mayors around the world collaborate on ideas and policies that will shape the world’s cities in the years to come.
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Inflation, Unemployment Tick Up as Kingdom Seeks Path to Recovery for Economy – Report
- October 1,2020
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- SUSTG Team
Saudi Arabia saw an increase in unemployment and an uptick in inflation in recent months as the Kingdom seeks a pathway toward economic recovery following a period of low oil prices and the global Coronavirus pandemic, according to the most recent chartbook from Jadwa Investment.
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Saudi Leaders Pay Tribute to Late Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Sabah
- September 30,2020
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- SUSTG Team
Saudi leaders expressed their tributes and condolences to the people of Kuwait following the passing of the Gulf nation’s emir, Sheikh Sabah al-Ahmad al-Sabah, who died at the age of 91.
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Coronavirus, Lockdowns, Low Oil Prices Take Toll on Saudi Economy in 2Q 2020 — Report
- September 30,2020
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- SUSTG Team
Saudi Arabia’s economy contracted 7% year-on-year in the second quarter of 2020 as the toll wrought by the Coronavirus pandemic and lower oil prices becomes clear, according to Bloomberg.
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Saudi Tourism Development Fund Inks Deal with Riyadh Bank, Banque Saudi Fransi for $43 Billion of Projects
- September 29,2020
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- SUSTG Team
Saudi Arabia’s Tourism Development Fund signed an agreement with Riyadh Bank and Banque Saudi Fransi to finance up to 160 billion riyals ($43 billion) of tourism projects in the kingdom, state news agency SPA reported.
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Road to the G20: This Week’s Events include Energy, Urban-Focused Meetings
- September 28,2020
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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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Saudi Arabia Confirms G20 will be Held Virtually on November 21-22
- September 28,2020
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- SUSTG Team
The G20 leaders summit will be held virtually on Nov. 21-22, Saudi Arabia said on Monday, in a blow to the Kingdom’s hopes of hosting the gathering in-person in Saudi Arabia, according to a statement.
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MUST-READS
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U.S.-Saudi RelationsState Department issues unusual public warning to Saudi Arabia and UAE over Qatar rift
The State Department issued an unusual public warning to Saudi Arabia and the United Arab Emirates on Tuesday over a diplomatic rift with fellow U.S. ally Qatar, and suggested that the Saudis may have provoked a crisis and drawn in the United States on false pretenses.
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Haider al-AbadiIraqi PM Abadi heads to Saudi Arabia at start of MidEast tour
Iraq's Prime Minister Haider al-Abadi headed on Monday to Saudi Arabia, the first leg of a Middle East tour that will also include Iran and Kuwait, in a diplomatic effort to foster regional reconciliation, his office said.
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Qatar DisputeCommentary: Qatar vs. Saudi Arabia: How Iran and the Brotherhood Tore the Gulf Apart
The story of how we got here dates back to 1990. It can be traced to Saudi Arabia and Qatar’s contrasting views on two dangerous forces: Iran and the Muslim Brotherhood.
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BoeingBusiness Agreements Strengthen Boeing, Saudi Arabia Partnership
Several defense and commercial agreements announced over the weekend will further strengthen Boeing’s partnership with Saudi Arabia, create or sustain thousands of jobs in both the United States and Saudi Arabia, and enhance national security in the region.
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Transportation and LogisticsHHI & Saudi Arabia’s Bahri to develop smart ship technology together
South Korea’s top shipbuilder Hyundai Heavy Industries Co. has joined hands with Saudi Arabia’s national shipping company to develop cutting-edge smart ship technology as part of efforts to foster its smart ship business.
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Saudi DeficitSaudi Arabia cuts deficit by half in first quarter — deputy economy minister
Saudi Arabia’s deputy economy minister said on Saturday the kingdom had reduced its deficit in the first quarter of 2017 by more than half in part because of prudent public spending.
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Saudi SukukSaudi Arabia starts marketing dual-tranche sukuk
The Kingdom of Saudi Arabia has opened books on its debut US dollar sukuk, according to a lead. The sovereign is marketing a five-year tranche at 115bp area over mid-swaps. It also marketing a 10-year tranche at plus 155bp area.
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U.S.-Saudi Military SalesU.S. Lawmakers Raise Doubts on Sale of Smart Bombs to Saudi Arabia
A group of US lawmakers wrote to the presidential administration asking for more information about a potential sale of smart bombs, aka precision-guided munitions (PGM), to Saudi Arabia. They expressed concern over widespread civilian casualties in Yemen.
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U.S.-Saudi RelationsUS State Department issues travel warning for Saudi Arabia
The U.S. State Department issued a travel warning on Wednesday, cautioning all Americans visiting Saudi Arabia.
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Earth HourEarth Hour: Saudi Arabia goes dark to shine light on climate change
Cities across Saudi Arabia marked Earth Hour on Saturday by asking households and businesses to turn off their non-essential lights for an hour, as part of the world’s largest event dedicated to the environment.
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