SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Saudi Arabia’s Mineral Wealth Exceeds $1.3 Trillion, Ministry Says
- December 22,2022
•
- SUSTG Team
Saudi Arabia’s Ministry of Industry and Mineral Resources has announced that the Kingdom’s mineral wealth is now valued in excess of $1.3 trillion, including deposits of copper, zinc, phosphates, uranium and gold, the Saudi Press Agency has reported.
-
Saudi Arabia’s PIF Buys 30 Percent Stake in Cooling Company Saudi Tabreed
- December 21,2022
•
- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has reportedly acquired a 30% stake in Saudi Tabreed, a leading cooling services provider in Saudi Arabia, according to a report in Bloomberg and Reuters.
-
Germany Sets Sights on Importing Saudi Ammonia to Make Hydrogen by 2026
- December 20,2022
•
- SUSTG Team
European economic powerhouse Germany has said it hopes to import green ammonia from Saudi Arabia at a terminal to be opened in 2026, according to a report in the UAE-based The National.
-
NEOM’s Green Hydrogen Facility, Set to Be World’s Largest, Gets Financing Agreements with Banks, SIDF
- December 19,2022
•
- SUSTG Team
NEOM’s Green Hydrogen Company (NGHC), an equal joint venture created by ACWA Power, Air Products, and NEOM which will create the world’s largest green hydrogen plant, has inked facility agreements with local, regional, and international banks and Saudi Arabia’s SIDF to finance the construction of the plant, according to reports.
-
Bill Foster from the Jones Group Saudi Arabia and Chairman of AmChamKSA joins The 966
- December 16,2022
•
- SUSTG Team
Captain Bill Foster, USN (retired) is President of Jones Group Middle East, a wholly owned subsidiary of Jones Group International, and is Chairman of the The American Chamber of Commerce Saudi Arabia (AmCham Saudi Arabia). Foster joins The 966 from Riyadh, where he talks about the changes ongoing in the Kingdom and the important work […]
-
New Draft Rules from Saudi Arabia’s CMA Set to Further Open Stock Market to Investors
- December 15,2022
•
- SUSTG Team
Saudi Arabia plans to further open up its capital market to foreign investors by September 2023, with its capital market regulator, the Capital Markets Authority (CMA), proposing several changes to simplify requirements for qualified foreign investors (QFIs) and adding new channels for overseas retail investors in the country’s bourses, according to reports.
-
Saudi Arabia’s Tourism Sector Booms as Inbound Tourists, Spending Up 5x in Q2 – MISA
- December 14,2022
•
- SUSTG Team
Tourism to Saudi Arabia grew substantially in the second quarter of 2022, with the Kingdom seeing a 575.4 percent year-on-year increase in inbound tourists to the Kingdom, Saudi Arabia’s Ministry of Investment (MISA) said.
-
Middle East KFC Operator, Americana, Sees Successful Debut in First Dual Listing in the Gulf
- December 13,2022
•
- SUSTG Team
The Middle Eastern operator of KFC and Pizza Hut outlets, Americana Restaurants International Plc, climbed in its debut after raising $1.8 billion in an initial public offering, pulling off the first-ever dual listing in Riyadh and Abu Dhabi, Bloomberg reports.
-
Saudi Arabia’s PIF Buys 9.5 Percent Stake in German Renewables firm Skyborn
- December 12,2022
•
- SUSTG Team
Saudi Arabia’s Public Investment Fund has acquired a 9.5 percent stake in German renewable firm Skyborn Renewables, as the growing sovereign wealth fund of the Kingdom continues to expand with international investments.
-
A World Cup Episode of The 966 including a conversation about the in-person fan experience with Dr. Mohammed Alhajji
- December 9,2022
•
- SUSTG Team
In episode 68, The 966 does a full episode on the World Cup 2022 in Qatar. The hosts react to the matches played and the smooth execution of the major sporting event by Qatar. Then the hosts welcome Dr. Mohammed Alhajji, who attended several of the matches including Saudi Arabia’s historic win over Argentina.
- 10 of 3126 results<< 1 … 55 56 57 58 59 … 313 >>
MUST-READS
-
Salesforce Expands Presence in Saudi Arabia with New Regional Headquarters in Riyadh
Salesforce, the world’s #1 AI CRM, today announced plans to expand its presence in Saudi Arabia with a new regional headquarters in Riyadh. Salesforce also announced plans to partner with IBM to open a Center of Excellence in Riyadh. Separately, it pledged to provide upskilling opportunities to 30,000 Saudi citizens by 2030. These investments underscore Salesforce’s growing presence in the region as more companies invest in Agentforce, the digital labor platform for enterprises.
-
PwC: GCC CEOs Embrace Optimism and Reinvention Amid Disruptive Change
A recent survey by PwC revealed that CEOs in the GCC, including Oman, are among the most optimistic globally about revenue growth in 2025. Despite their confidence, regional leaders are acutely aware of the challenges posed by AI, climate concerns, and intensifying competition as industries evolve and boundaries blur. PwC Middle East Senior Partner Hani Ashkar commented that the Middle East’s optimism reflects its ability to adapt and innovate amid global challenges. He noted that regional CEOs are implementing bold strategies to drive growth, enhance competitiveness, embrace sustainability, and integrate AI, which collectively strengthen the region’s position as a dynamic business hub.
-
SAR, Arsenale Unveil the Final Designs of ‘Dream of the Desert’ Luxury Train: A Masterpiece of Art, Hospitality
Saudi Arabia Railways (SAR) and Italian hospitality company Arsenale have officially unveiled the final designs of the Dream of the Desert train, the first five-star luxury train in the Middle East. This milestone marks a significant step forward in redefining luxury rail travel in the region, seamlessly blending contemporary opulence with the rich cultural heritage of Saudi Arabia. This announcement coincides with the visit of the prime minister of the Italian Republic to the Kingdom. Inspired by the desert landscape and traditional Saudi architecture, the interiors feature refined craftsmanship, with earthy tones, luxurious textiles, and intricate decorative details. Architectural elements and motifs from iconic Saudi landmarks—including Madain Saleh and Hail—are elegantly woven into the train's design, offering passengers a journey that is both visually and culturally enriching.
-
Saudi edtech UpLevel secures pre-Seed round
The Saudi edtech startup UpLevel has raised an undisclosed pre-Seed funding round from a group of angel investors. The company provides intelligent solutions aimed at empowering individuals and organisations to achieve sustainable professional growth and enhance institutional performance. This is achieved through specialised career guidance, innovative mentoring, and training programs designed according to global standards. Founded in 2024 by Idris Alshayea and Hamad AlLuhaidan, UpLevel helps companies improve employee performance by connecting them with a network of experienced professional coaches
-
Global sports pitches leader to design stadium in Saudi Arabia for World Cup 2034
SIS Pitches, the team behind the record-breaking Kingdom Arena pitch in Riyadh, has announced it will design another major stadium in Saudi Arabia that will host some of the matches at the World Cup 2034. The company, which produces premium hybrid, synthetic, and natural pitches for a variety of sports, has partnered with Aramco Stadium in Al-Khobar. “A year on from the Kingdom Arena, our flagship project for the region, we’re thrilled to be able to announce another major project,” David Ball, Managing Director at SIS Middle East, said in a statement.
-
NEOM Green Hydrogen project reaches key milestones in energy transition
In 2024, NGHC reported achieving 60% completion across its key sites, which include a hydrogen production facility, wind garden, solar farm, and transmission grid. The installation of critical technology and the preparation of “Electrolyser 1” for a 2025 launch marked key construction milestones. NGHC is also expanding its workforce, launching a recruitment drive that attracted over 9,000 applicants and forming partnerships with educational institutions to train future talent in the sector.
-
Careem Pay launches fee-free remittance service, undercuts traditional exchanges
Careem has launched a new remittance feature through Careem Pay that offers zero-fee international transfers and better-than-market exchange rates, challenging traditional exchange houses in the UAE’s remittance market. The move comes as conventional exchange houses increased their fees by 15 per cent last year, according to the company. The new service, which primarily benefits Careem Plus members, enables customers to save up to AED 400 per transaction when sending money abroad.
-
White House envoy met senior Palestinian official in Saudi Arabia
President Trump's Middle East envoy Steve Witkoff met on Tuesday in Riyadh with a senior adviser to Palestinian president Mahmoud Abbas, according to two sources with knowledge of the meeting. This was the first meeting between a Trump administration official and a Palestinian official since November's election. The sources said the meeting was the result of several weeks of back-channel talks between Trump administration officials and Palestinian leadership. According to one source, Saudi Arabia helped broker the meeting, which took place in its capital.
-
Saudi Telecom Company signs $9bn deal to build telecom infrastructure
Saudi Telecom Company, the kingdom's biggest mobile operator, has signed a contract worth Saudi riyals 32.64 billion ($8.7 billion) with a government entity to build, operate and provide telecoms infrastructure services. STC, which offers digital products and services across the Middle East and North Africa region, did not disclose the name of the government entity. The agreement includes an 18-month preparation and execution phase, followed by a 15-year operational period for the project, STC said in a statement on Tadawul, where its shares are traded. STC shares rose more than 2.24 per cent on Tuesday after the announcement as this deal marks a significant step in enhancing the kingdom's telecom infrastructure.
-
Minister AlRajhi: increased Saudi-ILO cooperation fosters decent work, social justice and inclusive development
As we continue to build a labour market that serves all who live and work in the Kingdom, we are acutely focused on eradicating abuse and exploitation in all its forms. Effective global collaboration is imperative to achieve this goal, and the Kingdom is aligned with key international labour standards, including through the ratification of the International Labour Organization (ILO) Convention on the Protection of Wages No. 95 and the Protocol of 2014 to the Forced Labour Convention No. 29. Building on these commitments, the Kingdom has now introduced a National Policy for the Elimination of Forced Labour – the first of its kind in Arab countries.
- 10 of 44010 results<< 1 … 56 57 58 … 4,401 >>