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Recent stories from sustg
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Kingdom’s Flagship Carrier Saudia Airlines is a Top Brand in Saudi Arabia, YouGov BrandIndex Finds
Saudi Arabia’s flagship carrier Saudia is atop of a newly-released brand popularity survey of the Kingdom from global polling firm YouGov.
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Saudi Arabia Sternly Condemns OPEC+ Production Quota Cheaters in Meeting
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman scolded members of a key OPEC+ panel about cheating on oil production quotas, but did not name countries by name, according to reports.
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A First Look at the Saudi PIF-Backed Lucid Air, Set to Challenge Tesla’s Market Dominance
Lucid Motors, backed by $1 billion from Saudi Arabia’s Public Investment Fund (PIF), unveiled its first vehicle, the Lucid Air electric sedan, at a virtual event from the company’s Silicon Valley headquarters.
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Bechtel Taps Former U.S. Ambassador to Bahrain as New President for Europe, Middle East Region
U.S.-based construction giant Bechtel announced a new president for Europe and the Middle East, appointing former U.S. Ambassador to Bahrain Justin Siberell as president for the Europe and the Middle East region, the company said in a press release.
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Saudi Youth, in Numbers: Kingdom’s Government Releases Data for International Youth Day 2020
Saudi Arabia’s General Authority for Statistics released a new report on Saudi youth with fresh data on the Kingdom’s large young generation entitled Saudi Youth in Numbers.
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Female Participation in Sports Soars in Saudi Arabia since Vision 2030
Saudi Arabia’s Ministry of Sports said that female participation in sports increased by nearly 150% over the past five years since the announcement of the Vision 2030 program, according to a report.
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Reports: Saudi Arabian-Backed Consortium Pulls Out of Bid for Newcastle United
A Saudi Arabian-backed consortium has pulled out of a bid to buy Newcastle United, the UK-based BBC and Sky News report.
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As Selected Hajj Pilgrims Arrive, Saudi Arabia Appears to Turn Corner on Coronavirus Cases
Saudi Arabia is seeing encouraging progress in the Kingdom’s efforts to stop the spread of Coronavirus, with a decrease in new cases and deaths right before the arrival of a limited number of pilgrims this year for the Hajj, according to official data.
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Reports: Successful Surgery for HRH King Salman
Saudi Arabia’s King Salman bin Abdulaziz underwent a successful laparoscopic surgery for an inflamed gallbladder, the official Saudi Press Agency reports.
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Coming Soon to Saudi Arabia: A ‘World Defense Show’ to Rival Abu Dhabi’s IDEX
Saudi Arabia’s General Authority for Military Industries (GAMI) announced the launch of a new bi-annual “World Defense Show” that will rival neighboring Abu Dhabi’s IDEX, according to a press release.
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MUST-READS
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Saudi Arabia sets strict health criteria for Haj 2025, urges vulnerable groups to postpone
The Saudi Ministry of Health recommended that individuals who are elderly (over 65), have chronic diseases, such as heart, kidney, or respiratory issues, or diabetes, have immune deficiencies, whether congenital or acquired, have cancer, are terminally ill, are pregnant, or are children under 12 should consider postponing their Haj and Umrah pilgrimage this year.
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The path to 2060: Saudi Arabia’s long-term pathway for GHG emission reduction
Saudi Arabia, as part of its Saudi Green Initiative, has announced its goal to achieve net zero green-house gas emissions by 2060. This ambitious target underscores the nation's dedication to addressing climate change. However, there is a significant gap in comprehensive analysis regarding the long-term effects of Saudi Arabia's climate policies and their collective contribution towards the net-zero objective.
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Saudi Arabia at 94: How the kingdom rewrote the rules of innovation
This policy has helped turn the kingdom into a major tourist hub in the region, harnessed new markets overseas especially in Africa for Saudi exports, attracted efficiency-seeking investors from all over the world, adopted low-carbon technologies and strategies in its oil industry, as well as it is developing a large manufacturing base under the slogan of ‘Made in Saudi.’
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BlackRock Deal Showcases Rise of Saudi Wealth Fund’s New Star
Al Humied, who is in his early forties, and Al Rumayyan, 54, go back over a decade, having previously worked together at the Saudi markets regulator. He jumped at the chance to join the PIF during the early days of its transformation without even asking questions about salary or the role, Al Rumayyan said in a 2022 interview. It was the same for Turqi Al Nowaiser, who is in his late forties and oversees international investments. “They believed in the cause, and maybe in me personally, and of course in Prince Mohammed,” Al Rumayyan said at the time.
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Saudi National Day 2024: History, celebrations and what you need to know
Saudi National Day celebrations began in all major cities across the kingdom on Friday, September 20. Celebrations include firework displays, live music and air shows across major cities while streets, schools and universities, as well as public and private spaces, will be display the green Saudi flag.
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Dreams turned into reality as Saudi Arabia turns 94
September 23rd is a date that resonates deeply with every citizen and resident, symbolizing a land rich in goodness, blessings, and generosity. This occasion arrives amidst a new reality filled with significant development initiatives that position Saudi Arabia among advanced nations, embodying growth, security, ambition, and the unwavering resolve to turn the impossible into reality.
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Saudi industrial investments soar to $400bn after expat fees waived
Investments in the Saudi industrial sector jumped 54 per cent, hitting SR1.5tn ($400bn) this year from SR992bn ($264bn) in 2019, according to a report released by the Federation of Saudi Cambers’ economic-affairs department. The analytical report addresses the impact of the state’s waiver on fees for expatriate workers in the industrial sector, an initiative introduced in 2019 and running until the end of 2025, under a recent extension decision.
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Could homegrown fashion be Saudi Arabia’s next economic driver?
As a result, fashion sales in Saudi Arabia are projected to soar by 48 percent from 2021 to 2025, reflecting a robust annual growth rate of 13 percent. This growth is fuelled by diverse factors including a rising interest in sportswear due to increased health consciousness and robust marketing efforts by global brands like Adidas and Nike.
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Iran’s Guards ban communications devices after strike on Hezbollah
Iran's elite Revolutionary Guards Corps (IRGC) has ordered all members to stop using any type of communication devices after thousands of pagers and walkie-talkies used by its Hezbollah allies in Lebanon blew up in deadly attacks last week, two senior Iranian security officials told Reuters. One of the security officials said a large-scale operation is underway by the IRGC to inspect all devices, not just communication equipment. He said most of these devices were either homemade or imported from China and Russia.
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Lebanon says Israeli airstrikes kill as least 100 people, as citizens told to evacuate
Israel unleashed its most widespread wave of airstrikes against hundreds of Hezbollah targets on Monday, killing at least 100 people by Lebanese tallies, and warned citizens to evacuate areas where it said the armed group was storing weapons. The latest attacks come amid some of the heaviest cross-border exchanges of fire in almost a year of conflict, as Israel shifts its focus to its northern border, where Hezbollah has been firing rockets into Israel in support of its ally Hamas, which is fighting a war with Israel in Gaza.
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