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Recent stories from sustg
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Saudi Arabia to Boost Spending Next Year as Foreign Reserves Reach New Lows
- October 30,2017
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- SUSTG Team
Saudi Arabia will boost state spending next year despite dwindling foreign reserves as the Kingdom looks to turbo charge economic growth, according to reports. Saudi Arabia’s Finance Minister Mohammed al-Jadaan told the Financial Times that Saudi Arabia “would set out an expansionary budget in 2018” to respond to the needs of the struggling private sector, which is […]
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Secretary of State Rex Tillerson to Travel to Saudi Arabia October 20th for Saudi-Iraq Meet
- October 20,2017
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- SUSTG Team
U.S. Secretary of State Rex Tillerson will travel to Riyadh, Saudi Arabia to take part in the inaugural Coordination Council meeting between the governments of Saudi Arabia and Iraq. The Secretary will also meet with various Saudi leaders to discuss the conflict in Yemen, the ongoing Gulf dispute, Iran, and a number of other important regional and […]
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With transfer season underway Saudi Professional League evolves strategy
- July 22,2024
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- SUSTG Team
The SPL has shifted from last year’s extensive talent acquisition—where 97 players were signed—to a more strategic approach this season. The Saudi transfer window opened on July 18 and will close on September 2, aligning with European leagues. This change indicates a focus on filling specific gaps and enhancing overall team quality rather than a […]
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Al-Hilal’s Streak and Saudi Professional League Spending
- March 13,2024
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- SUSTG Team
Saudi Pro League league standings leader, Al-Hilal, just notched it’s 28th straight win to break the world record for most consecutive wins by a top-flight team.
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Human Capability Initiative Conference in Riyadh Concludes with Goal of Increasing Employment Rate in New Industries
- February 29,2024
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- SUSTG Team
The Human Capability Initiative (HCI) Conference launched this week in Riyadh at the King Abdulaziz International Convention Center under the patronage of Crown Prince Mohammed bin Salman with the goal of boosting human capital in the Kingdom.
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New Royal Decrees in Saudi Arabia Change Up Regional Leadership Posts
- December 13,2023
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- SUSTG Team
A number of Saudi royals and officials were given new jobs on Tuesday as authorities issued a raft of royal decrees, according to reports by the SPA and Arab News.
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Saudi Transfer Spending on Par With European Top Leagues, Statista Report Says
- August 8,2023
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- SUSTG Team
A new chart from the website Statista places into context Saudi Arabia’s spending this transfer season vis-a-vis other top leagues, showing that the money spent on transfers by Saudi clubs this summer matches or exceeds the investments made by clubs from European top leagues, with the notable exception of the Premier League.
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Temperatures Soar Across Saudi Arabia; Certain Places Hit 50 Degrees Celsius
- July 31,2023
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- SUSTG Team
Temperatures are expected to soar up to 50 degrees celsius (122 degrees farenheit) in several areas Saudi Arabia, starting from Sunday until the end of the week, according to the National Center for Meteorology (NCM).
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PSG Confirms Saudi club Al Hilal Makes World Record $332m Bid for French Mega-Star Mbappé
- July 24,2023
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- SUSTG Team
Saudi team Al Hilal made a record €300 million ($332m) bid for Kylian Mbappé on Monday, which could see the France striker join Cristiano Ronaldo for the next year of the Saudi Pro League, according to reports.
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NEOM’s Sindalah Island Eyes Status as Global Yachting Hub
- June 28,2023
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- SUSTG Team
NEOM has signed a deal with superyacht concierge and maritime agency BWA Yachting as it eyes an opening date for visitors within the year.
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MUST-READS
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DetentionsCrackdown and charm offensive: Saudi prince shores up power
With a crackdown on dissenters and a charm offensive to woo the kingdom's swelling youth population, Saudi Arabia's king-in-waiting Mohammed bin Salman is cementing his grip on power, analysts say.
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IndiaSuperpower India to Replace China as Growth Engine
The number of people aged 65 and over in Asia will climb from 365 million today to more than half a billion in 2027, accounting for 60 percent of that age group globally by 2030, Deloitte said in a report Monday. In contrast, India will drive the third great wave of Asia’s growth – following Japan and China -- with a potential workforce set to climb from 885 million to 1.08 billion people in the next 20 years and hold above that for half a century.
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PowerAcwa Power eyes boost to investments in home Saudi market
Saudi-based Acwa Power aims to acquire one or two bundles of generation assets from Saudi Electricity (SEC), its managing director said on Monday, as the privately-owned firm expects to become a major investor in its home market.
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Nuclear PowerExclusive: Saudi Arabia plans to launch nuclear power tender next month – sources
Saudi Arabia is expected to launch a tender process for its first nuclear reactors as early as next month and will reach out to potential vendors from countries including South Korea, France and China, industry sources said.
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GE HackathonSaudi Arabia hosts GE’s first Predix-powered hackathon in the region
General Electric (GE) hosted its first Industrial Internet of Things hackathon, powered by Predix, using big data to improve healthcare in Saudi Arabia. The hackathon took place at the GE Saudi Technology and Innovation Center located in Dhahran Techno Valley, held on August 25 and 26.
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Marriott InternationalMarriott International tops Hotelier Middle East’s Power 50 list
Region-wide, Marriott International now operates more than 130 hotels across the Middle East and North Africa (MENA), with in excess of 41,000 rooms. It has more than 100 properties in the pipeline between now and 2026, which covers 25,000-plus rooms.
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HajjAnalysis: The Hajj: An Expression of Saudi Power
The last time was in 1927, when Hejaz fell to the founder of the modern Saudi kingdom and father of the reigning monarch, Abdulaziz bin Abdulrehman. Abdulaziz had been expanding his territory in the region for decades, but he knew that to be truly exceptional, his kingdom had to control Hejaz and the holy cities.
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Renewable EnergySaudi Arabia seeks bids for first major wind power project
Project is part of round one of the National Renewable Energy Program which targets 9.5GW of renewable energy by 2023
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SyriaAssad turns sights on ISIS in effort to tighten grip on power
"Getting rid of ISIS is only a question of time. Because the Syrian army has decided to defeat them totally in this area," said al Salamuni. We're in the Salamiyah area of central Syria with the permission of the Assad government, which granted the visas that allowed us to enter the country.
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Yemen Civil WarLeaked Emails: Saudi Power Behind the Throne “Wants Out of Yemen”
“I don’t think we’ll ever see a more pragmatic leader in that country. Which is why engaging with them is so important and will yield the most results we can ever get out of saudi,” Otaiba confided.
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