SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Saudi Arabia boosts FDI landscape with new investment law updates

    Saudi Arabia’s Council of Ministers has recently approved the updated investment law, building on previous reforms under Vision 2030 and the National Investment Strategy. The Kingdom’s latest investment law updates bring together several existing freedoms and rights and apply them to investors under one unified framework, ensuring greater transparency, flexibility, and confidence for investors.

  • Saudi Arabia’s King Abdulaziz Port enhances connectivity with new shipping service

    Saudi Arabia’s King Abdulaziz Port in Dammam is set to enhance its maritime links with key ports in India and China with the introduction of a new shipping service. The General Authority for Ports, also known as Mawani, announced the launch of the “Milaha Gulf Express 2,” or 2-MGX service, operated by Qatari navigation company Milaha.

  • The first-ever retro Pepsi Diner is in Saudi – and it’s anything but ordinary

    Bringing the first-ever experience of its kind to Riyadh, the new diner is a limited collab between PepsiCo and Black Tap. The exclusive experience blends the creativity behind the New York burger joint Black Tap with the flavours of Pepsi to create a modern twist on a classic American diner.

  • Saudi Artist Turns Calligraphy Into Captivating Art With His Stunning Projects

    Based in Riyadh, Al-Sulaimani’s love for calligraffiti started back in school during an Arabic calligraphy class. Captivated by the power of the written word, he started blending this timeless art form with vibrant, graffiti-inspired styles, creating eye-catching and unique masterpieces.

  • Saudi: New Nazaha law stipulates termination of government employee if convicted of corruption

    A government employee shall be terminated from service in the event of conviction of corruption by a court of law. Legal measures will be taken against an employee if he amasses wealth disproportionate to his income. These provisions are included in the new Saudi Oversight and Anti-Corruption Authority (Nazaha) Law, approved by the Council of Ministers on July 23.

  • Saudi Maaden Doubles Profits in Second Quarter of 2024

    The net profits of the Saudi Arabian Mining Company (Maaden) doubled by approximately 192 percent to one billion riyals ($266 million) during the second quarter of 2024, compared to SAR 350.9 million ($93 million) during the same period last year. In a statement on Tadawul, the company attributed the growth to the increase in total profit by 35 percent to SAR 572 million as a result of the rise in selling prices, the decrease in the cost of raw materials, and depreciation expenses.

  • Saudi EV market seen to grow by 6% YoY until 2030: Lucid

    Marc Winterhoff, Chief Operating Officer at Lucid Group, predicts that the electric vehicle (EV) market in Saudi Arabia will grow by 6% year-on-year (YoY) until 2030, Al Eqtisadiah newspaper reported. He added that by that time, 210,000 to 250,000 EVs would be sold annually in Saudi Arabia, a significant number that aligns with Saudi Arabia’s commitment to manufacturing 500,000 vehicles and supporting this investment with $50 billion.

  • Readout of Secretary of Defense Lloyd J. Austin III’s Call With Israeli Minister of Defense Yoav Gallant

    Secretary Austin reiterated the United States' commitment to take every possible step to defend Israel and noted the strengthening of U.S. military force posture and capabilities throughout the Middle East in light of escalating regional tensions. Reinforcing this commitment, Secretary Austin has ordered the USS ABRAHAM LINCOLN Carrier Strike Group, equipped with F-35C fighters, to accelerate its transit to the Central Command area of responsibility, adding to the capabilities already provided by the USS THEODORE ROOSEVELT Carrier Strike Group.

  • US ‘shares’ Israel concern Iran retaliation ‘could’ come this week

    President Biden and European allies intensified diplomatic consultations and outreach to try to avert regional escalation as Israel said it was on high alert for Iranian retaliation, and as the Pentagon rushed additional naval and air power to the region to try to defend Israel from potential attack. But it was unclear if the U.S. believed an Iranian attack was likely, or if it might be conducting some sort of psychological warfare, forcing Israel to brace for one without striking, yet, or possibly to advance Gaza ceasefire efforts.

  • Why Israel’s bombing of Yemen may have unintended consequences

    On July 20, after an unprecedented Houthi drone strike killed a civilian in Tel Aviv the day before, Israel launched a series of airstrikes on Houthi-held Hodeidah Port on Yemen’s Red Sea coast. Beyond reportedly killing at least nine people and injuring dozens more, the aerial bombardment destroyed several pieces of vital infrastructure—including a major fuel storage site. While much of the international coverage of the incident has focused on the context of the wider regional dynamics of the Gaza war, the destruction of such infrastructure also stands to have significant economic, political, and potentially even military impacts within Yemen.