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Road to the G20: This Week’s Meetings Include Youth-Focused Y20, Finance Meetings
- October 12,2020
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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 the Y20 youth-focused group, as well as finance-focused meetings.
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Road to the G20: L20 Summit, Focused on Workers and Labor, Emphasizes Inclusion of Women and Youth
- September 18,2020
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- SUSTG Team
On the 7th and 8th of September, the Labor 20 engagement group launched its Saudi L20 Summit, titled “A New Social Contract for Recovery and Resilience,” which was held in the Saudi capital Riyadh in accordance with COVID-19 safety measures, and was streamed online to allow the participation of international speakers and audience.
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Pandemic Continues to Ease in Saudi Arabia; Authorities ‘Encouraged by the Resilience Demonstrated by the Saudi Economy’
- September 4,2020
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- SUSTG Team
The Coronavirus pandemic continues to ease in Saudi Arabia, with daily new cases remaining under 1,000 this week and trends continuing in a positive direction in what may potentially provide a boost to the Kingdom’s economy in the months ahead.
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Saudi Youth, in Numbers: Kingdom’s Government Releases Data for International Youth Day 2020
- August 11,2020
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- SUSTG Team
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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Unemployment for Saudis Declines in Latest Labor Figures before Pandemic
- July 14,2020
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- SUSTG Team
Saudi Arabia saw progress in employment for its nationals in the latest labor market figures for Q1 2020, with the General Authority for Statistics’ noting that unemployment among Saudi nationals declined to 11.8 percent in Q1 2020, down from 12 percent in Q4 2019, according to Jadwa Investment.
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Despite Downturn, Kingdom Presses Ahead with Ambitious Goals for Saudi Capital Riyadh
- July 7,2020
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- SUSTG Team
Saudi Arabia is seeking to “double the size and population” of its capital Riyadh in the next decade, Reuters reports, citing comments from Fahd Al-Rasheed, president of Riyadh’s royal commission. Al-Rasheed said the government has “already committed some $266.6 billion for ongoing and new projects as part of total investments of some $800 billion over the […]
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Saudi Arabia launches Y20 summit as a Platform Connecting Youths with G20 leaders
- March 2,2020
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- SUSTG Team
Saudi Arabia launched the Y20 (Youth 20) summit on Sunday evening, a platform which seeks to bring youth voices to international decision-makers.
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More Progress for Saudi Women as Kingdom Launches a Women’s Soccer League
- February 28,2020
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- SUSTG Team
Saudi Arabia is launching a soccer league for women, another step forward as the Kingdom continues ahead with its Vision 2030 social and economic reform plan.
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Unemployment declines in Saudi Arabia, further gains seen in 2020 – Jadwa Investment
- December 18,2019
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- SUSTG Team
Unemployment in Saudi Arabia declined in the 3q 2019 and is likely to continue to improve as a pick-up in the non-oil private sector growth should translate to more jobs, according to a recent report from Jadwa Investment.
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Arab Youth are Concerned about Unemployment, Poll Finds
- December 10,2019
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- SUSTG Team
A recent Arab News — Arab Strategy Forum research study conducted by YouGov found that 55 percent of Arab youth believe corruption is the main problem in their country, but unemployment was close behind at 46 percent, according to Arab News. In the Arab world, 65 percent of the population are under the age of 30. The study interviewed 3,079 […]
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MUST-READS
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Over 90% of Saudi youth see US as a strong ally of their nation: ASDA’A BCW Arab Youth Survey
According to the survey, the perception that the US is an ally of Saudi Arabia is at its highest level in five years. In 2020, 87 per cent of Saudi youth viewed the US as a 'strong ally' or 'somewhat of an ally', an increase in favourability over 2019 when 70 per cent of Saudi youth viewed the US as an ally. In 2018, 50 per cent of Saudi youth viewed the US as an ally.
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Middle East and North Africa: addressing highest rates of youth unemployment in the world
Youth unemployment in those countries is almost twice as high as the world average, and has grown 2.5 times faster than world average between 2010 and 2021.
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5 innovations from Expo 2020 and what that means for Saudi Youth
Expo 2020 Dubai has become the breeding ground for innovation that will significantly shape the future, address momentous global challenges, and provide effective solutions to combat them. Expo 2020 Dubai kicked off on October 1, 2021, and will continue until March 31, 2022, with more than 200 participants, including 191 countries, institutions, and international organizations.
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US’s Lockheed Martin, KFUPM partner to upskill Saudi youth
US-based aerospace company Lockheed Martin is partnering with King Fahd University of Petroleum & Minerals, or KFUPM, on Science, Technology, Engineering, and Mathematics, or STEM, initiatives to upskill Saudi youth. Both parties aim to increase the number of highly skilled Saudi scientists and engineers, the company said in a statement.
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Gulf Youth and the Urge for Change
When you look at how Saudi Arabia is approaching this, you can see the desire to keep a strong Saudi element. From a perspective from yourself or myself—the perspective of someone who looked at Saudi Arabia and put a lot of the character of Saudi Arabia in the old religious establishment and those kinds of links—now there's a desire to really empower this creative class to generate Saudi cultural elements.
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Startups aren’t just hip. They’re also the key to unlocking youth unemployment in MENA.
There are an estimated 21,000 startups in MENA compared to the three thousand just four years ago, according to data analytics platform MAGNiTT. The actual figures could be higher when including early-stage companies.
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Is Saudi Arabia Ready for Its Youth Bulge?
The recent Arab Youth Survey shows that more Saudi youth have confidence in the future of the country than before. Many of them are starting to look outside the government to the private sector for employment, so I would say the needle has shifted.
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Arab Youth Survey finds young Saudis increasingly optimistic, reflecting wider regional trend
Young Arabs are taking an increasingly optimistic view of their prospects in the post-pandemic world, with Saudi youth among the more confident that their lives will improve as the COVID-19 wave recedes. That is one of the main findings of the 2021 annual Asda’a BCW Arab Youth Survey of people in the region, released on Tuesday, showing positivity for the future at a three-year high.
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Middle East needs a robust youth policy to leverage its human capital
Data from the World Bank indicates that youth unemployment rates in the MENA region have been the highest in the world for the past 25 years, topping 25.7 percent in 2019. The past decade or so has been particularly exasperating in terms of finding employment, as the region has struggled with a series of crises, such as the 2008 financial crisis, the Arab Spring, armed conflicts, and COVID-19.
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Saudi youth’s growing ‘fascination’ for Japanese language, anime and arts
”I have been very excited and honoured to meet so many Saudi citizens, especially those from the younger generation, who are strongly fascinated with the Japanese pop-culture, such as anime and manga, as well as Japanese traditional arts such as Shodo, which drove so many people to learn the Japanese language,” he said.
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