Recent stories from sustg

  • Saudi Arabia, UAE set for clean energy revolutions
     

    Despite their vast oil reserves, Saudi Arabia and the UAE are poised for “green revolutions” set to transform the Gulf’s energy landscape. The two states have made major strides recently in using clean renewable energies. In the middle of oil-rich Abu Dhabi, a sandy stretch near the emirate’s airport is a field of solar panels […]

     
  • Jadwa Investment – December 2012 Saudi Chartbook
     

    Jadwa Investment’s Saudi Chartbook for the month of December 2012 assesses a number of key aspects of the Saudi economy including the real economy, bank lending, banking indicators, inflation, trade, oil, exchange rates, the TASI (Saudi Stock Market), sectoral performance, and more. A summary of the report is provided for your consideration below, and the […]

     
  • AME Info’s series on doing business in Saudi Arabia: a guide to the guide
     

    AMEinfo, based in Dubai’s Media City, is a well-known provider of business news and information covering the Gulf and larger Middle East.  Founded in 1993 it was acquired by London-based Emap Communications in July 2006.  Emap also owns MEED. The AME info site now claims over two million readers monthly.

     
  • The emergence of Google
     

    Saudi Arabia is one of the biggest Internet markets not only regionally but also globally. There are 190 million video views on YouTube in Saudi per day. That’s the highest number of YouTube views in the world per Internet user. The average user in Saudi watches three times as many videos a day compared to […]

     
  • Saudi Arabia All Atwitter
     

    Twitter and YouTube have become so relevant to the public discourse in Saudi Arabia that there is now a bi-weekly YouTube show solely dedicated to what Saudi users of Twitter are talking about. The new show is simply called “What Happened in Twitter” and the first episode was published today.

     
  • Saudi non-oil sector to expand 6% in 2013
     

    Saudi Arabia shows some tightness in the local financial system, reflecting a scarcity of corporate deposits, but this appears to be abating and might in any case reflect strong investment growth in the non-oil economy. Local firms continue to report strong growth in new orders, with exchange rate movements helping make non-oil exports more competitive. […]

     
  • Saudi reforms detour through Vienna faith centre
     

    Although launched by Riyadh and named the King Abdullah International Centre for Interfaith and Intercultural Dialogue (KAICIID), bin Muaammar stressed it is not a Saudi entity. “This is an international institution,” he said. “About 70 percent of the world’s religions are on its board. The centre will be a neutral place to exchange ideas.” In […]

     
  • Saudi Arabia’s Power List – 2012
     

    Welcome to the first Arabian Business Saudi Power List – our guide to the kingdom’s most influential movers and shakers. As the rest of the planet, from emerging to traditional markets, teeters on the brink of recession, the mood has never been more positive in Saudi Arabia. A high oil price has swelled the kingdom’s […]

     
  • Regional e-commerce firms set sights on Saudi Arabia
     

    Digital expert Omar Christidis, founder of ArabNet, the hub for Arab digital professionals and entrepreneurs, said that Saudi Arabia is currently the largest digital market in the MENA region – with almost 40 percent of all Arabic tweets, half of Wikipedia’s Arabic content and 35 percent of all Arabic content on the web coming from […]

     
  • For Saudi Football, a Moment in the International Spotlight
     

    Saudi Arabia’s national football team has had its ups and downs in the last decade, thus far struggling to make a name for itself as a contender in a world full of elite national teams. Nevertheless, the ups and downs of the Saudi program are closely followed by Saudis all over the world and has, […]

     

MUST-READS

  • ‘Strings attached’: Saudi Arabia steps up demands in tech deals with China

    Saudi Arabia is mandating that leading Chinese technology companies invest in the Gulf kingdom in return for huge deals, as it leverages its petrodollar wealth to boost its domestic tech industry. Alibaba and SenseTime are among the top Chinese groups to have secured deals worth hundreds of millions of dollars with Saudi Arabia over the past three years, in exchange for setting up joint ventures in the country. According to five industry insiders, including fund managers, tech entrepreneurs and consultants working on the agreements, Saudi investors are applying increasingly stringent requirements to fund deals.

  • Cristiano Ronaldo slammed by Eden Hazard on his Saudi Pro League stance

    Eden Hazard has weighed in on Cristiano Ronaldo's recent assertion that the Saudi Pro League surpasses Ligue 1 in competitiveness, expressing his disagreement and asserting the strength of French football. Despite Ronaldo's praise for the Saudi league's competitiveness, Hazard maintains that a Ligue 1 team would emerge victorious against a Saudi Arabian counterpart, highlighting the depth and quality of French football.

  • Saudi Arabian racer Reema Juffali announced as F1 ACADEMY Wild Card entry for Round 1 in Jeddah

    Reema Juffali, Saudi Arabia’s first-ever female racing driver, has been confirmed as the Wild Card entry for the first round of the 2024 F1 ACADEMY in Jeddah. Making history in 2018 with her racing debuts in the TRD 86 Cup and MRF Challenge, Juffali went on to secure frequent points-scoring finishes in the F4 British Championship the next year. In addition, she became the first Saudi Arabian woman to compete in an international race in her home country, driving in the Jaguar I-PACE eTROPHY.

  • International women jockeys to compete in world’s richest race meet in Saudi Arabia

    A raft of the world’s elite jockeys and horses will descend on King Abdulaziz Racetrack in Riyadh this weekend for the 2024 Saudi Cup. The fifth edition of the event begins on Friday with the International Jockeys’ Challenge and concludes on Saturday with the highly anticipated Saudi Cup race itself. The international challenge (IJC) is a four-race competition featuring 14 high-calibre jockeys – seven men and seven women – from all around the world. Among them are three-time Melbourne Cup champion Damien Oliver, America’s Katie Davies and reigning IJC champion Luis Saez, and New Zealand’s Lisa Allpress, the first woman to win a flat race in Saudi Arabia when she competed in 2020.

  • Inside Saudi Arabia’s wild football experiment

    Saudi Arabia is spending an unfathomable fortune to lure the biggest stars of global football (Ronaldo! Benzema! Neymar!) to its upstart league. So GQ ventured to the kingdom to discover what the gambit represents. Is this the future of the world’s most popular sport? The vanguard of sportswashing? Or something way bigger?

  • There is ‘real excitement’ among global investors about Saudi capital market, Riyadh forum is told

    Saudi Arabia’s capital market is very attractive in the eyes of global investors, and the kingdom’s authorities are pushing for more regulation to enhance the market’s accessibility and stability, with the aim of boosting confidence and to attract further international capital inflows, said panellists at the Saudi Capital Market Forum in Riyadh on Tuesday. “We’re trying to adopt the concept of enabling regulations instead of deregulations, and this is one of the things that you might find different in the Saudi development endeavour,” said Abdullah Binghannam, the deputy of financing and investment at Saudi financial regulator Capital Market Authority (CMA).

  • Saudi tech firm Alat to partner with SoftBank, others

    Alat is also partnering with China's Dahua Technology and The Saudi Technology and Security Comprehensive Control Company (Tahakom), it said, and will support them in reducing their emissions and moving towards carbon zero manufacturing. Alat CEO Amit Midha, who was appointed earlier this month, also announced the partnerships at an event in Riyadh. Alat aims to invest $100 billion in the kingdom by 2030, and will manufacture advanced industrials and electronics in more than 30 product categories.

  • Egypt clearing land, building wall near Gaza border, satellite imagery shows

    Footage and satellite imagery obtained by The Washington Post show that Egypt is clearing off, and building a wall around, a plot of land along its border with the Gaza Strip, amid fears of an Israeli offensive in the southern Gaza city of Rafah. Israeli officials reacted negatively to a Washington Post report that the United States was rushing to formulate a plan for long-term peace between Israel and Palestine that included a timeline for the creation of a Palestinian state. Some Israeli lawmakers and officials cast the purported plan for postwar Gaza as a “gift” or “prize” to Palestinians.

  • Iran’s Rise as Global Arms Supplier Vexes U.S. and Its Allies

    Iran’s arms industry is growing rapidly, turning the country into a large-scale exporter of low-cost, high-tech weapons whose clients are vexing the U.S. and its partners in the Middle East, Ukraine and beyond. The transformation of the industry, accelerated by Russia’s 2022 purchase of thousands of drones that altered the battlefield in Ukraine, has helped Tehran scale up its support of militia allies in Middle East conflicts that have intensified alongside Israel’s war with Hamas in Gaza. One of Iran’s top arms exports, a Shahed suicide drone, designed to carry explosives and crash into its target, was used to kill three American servicemembers in Jordan in an attack by an Iraqi militia group on Jan. 28, U.S. officials said.

  • AlUla’s Wadi AlFann, Valley of the Arts, presents two exhibitions by Saudi artist Manal AlDowayan 

    The work of Manal AlDowayan, one of Saudi Arabia’s leading contemporary artists, is often focused on cultural metamorphosis, collective narratives and the representation of women, particularly from her home country.  AlDowayan, who will represent the Kingdom at this year’s Venice Biennale, is currently the subject of two exhibitions in AlUla as part of the pre-opening program of Wadi AlFann, a major new cultural destination for art, design and performance.