Analysis

Al-Jouf region sees snow

• SUSTG Team
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• 11. 5. 2024

The Saudi Press Agency reported that the snowfall was part of a larger weather pattern that included heavy rains, hail, and the creation of waterfalls, which revitalized the typically dry valleys.

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  Largest Red Sea sea turtle nesting site discovered

  SUSTG Team  |  11. 3. 2024

  Saudi Arabia, represented by the General Organization for the Conservation of Coral Reefs and Marine Turtles in the Red Sea (SHAMS), has announced the discovery of the largest sea turtle nesting site in Saudi waters, located at the Four Sisters Islands in the Red Sea.

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  Saudi hosts first meeting of “International Alliance to Implement the Two-State Solution”

  SUSTG Team  |  10. 31. 2024

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  Luxury island destination Sindalah is first NEOM project to open to guests

  SUSTG Team  |  10. 29. 2024

  Situated to Saudi Arabia’s northwest, five kilometers off the coast, the luxury resort of Sindalah spreads itself out across over 9 million sqft. Its position at the top of The Red Sea ensures this new destination is only 17 hours by sea from key Mediterranean ports.

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  8th Future Investment Initiative wraps in Riyadh

  SUSTG Team  |  10. 29. 2024

  Global business, technology and financial leaders have converged on the Saudi capital for the annual Future Investment Initiative (FII) summit, an opportunity for attendees to forge relations with some of Saudi Arabia's biggest companies and its $925 billion sovereign wealth fund.

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  Aramco’s Wa’ed Ventures allocates $100 million for early-stage AI investments

  SUSTG Team  |  10. 29. 2024

  Wa’ed Ventures, the $500 million venture capital fund wholly owned by Aramco, announces earmarking $100 million for early-stage AI investments, a bold move to support positioning the Kingdom as a global AI hub.

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  MoF’s 2025 Preliminary Budget Statement assessed

  SUSTG Team  |  10. 28. 2024

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  Inexpensive solar panels are super-charging renewable energy growth

  SUSTG Team  |  10. 25. 2024

  Solar PV and wind additions are forecast to more than double by 2028 compared with 2022, continuously breaking records over the forecast period to reach almost 710 GW.

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  IMF World Economic Outlook releases KSA forecasts for ’24 and ’25

  SUSTG Team  |  10. 23. 2024

  The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2024 to 1.5% and estimated growth to accelerate to 4.6% next year in its latest World Economic Outlook Report released on Tuesday.

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  Saudi Finance Minister makes strong case for multilateralism at IMF, World Bank meetings

  SUSTG Team  |  10. 23. 2024

  Saudi Minister of Finance and Chair of the International Monetary and Financial Committee (IMFC), Mohammed Aljadaan, participated in Macro Week at the Peterson Institute for International Economics (PIIE), held on October 21, 2024 on the sidelines of the 2024 IMF and World Bank week.