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Road Crash Deaths in Saudi Arabia Reduced by nearly 35% in Five Years – WHO
- June 20,2023
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- SUSTG Team
The Kingdom of Saudi Arabia reduced road crash deaths by nearly 35% in five years, the WHO says, noting that the fatality rate stood at 9311 [28.8 per 100,000 people] in 2016 and by 2021 the rate had dropped to 6651 [18.5 per 100,000 people].
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Mena Startups Raised $445 Million in May 2023 – Wamda Report
- June 8,2023
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- SUSTG Team
May represented a bounce-back of sorts for the MENA VC and startup ecosystem, with venture funding into the region’s startups touched $445 million spread across 39 transactions, compared to $7 million raised across 11 deals reported in the preceding month, according to a monthly report in Wamda.
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Startup Airline Riyadh Air Reveals New Livery Design
- June 5,2023
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- SUSTG Team
Riyadh Air unveiled what’s being called the first of two livery designs, described as “a perfect blend of cutting-edge technology and timeless elegance.”
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PIF’s Badeel, ACWA Power Invest $3.25 Billion into Three New Solar Projects in Saudi Arabia
- May 22,2023
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- SUSTG Team
The Water and Electricity Holding Company (also known as Badeel), a wholly-owned company of Saudi Arabia’s Public Investment Fund (PIF), and ACWA Power today announced the signing of power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development, and operation of three major new solar PV Independent Power Producer (IPP) projects in […]
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Saudi Arabia’s Nitaqat Initiatives Helped Employ 500k Nationals Since 2019, Minister Says
- May 16,2023
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- SUSTG Team
The ongoing localization efforts in Saudi Arabia have helped provide job opportunities to over 500,000 Saudi nationals in the private sector since 2019, the Kingdom’s Minister of Human Resources and Social Development Ahmad Al-Rajhi revealed.
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Forthcoming Sindalah Island Resort Will ‘Mark the First Opportunity for the Public to Experience NEOM’ – Report
- May 9,2023
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- SUSTG Team
Saudi Arabia’s forthcoming Sindalah Island project will be the first opportunity for tourists to visit NEOM, according to Antoni Vives, chief urban planning Officer at NEOM, in comments to Al Arabiya English.
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Growing SRMG Media Group Launches LIST, a New Saudi Travel Magazine
- April 26,2023
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- SUSTG Team
SRMG, the largest integrated media group in the MENA region which includes widely-read publications like Arab News, Asharq Alawsat and others, has added a travel magazine to its portfolio: LIST Magazine will focus on the travel and tourism offerings from Saudi Arabia, the region and the world, according to reports.
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Reuters Photo Shows Iran’s Embassy in Riyadh Opening its Gates for First Time in 7 years
- April 13,2023
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- SUSTG Team
Iran’s embassy in Saudi Arabia opened its gates on Wednesday for the first time in seven years, a Reuters photo confirmed, as the two sides continued apace with the restoration of ties between them.
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With Saudi Delegation to Yemen’s Capital, Stakeholders Hope for Lasting Truce
- April 11,2023
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- SUSTG Team
Saudi Arabia’s ambassador to Yemen said on Monday he had traveled to the country’s Houthi-held capital to strengthen a truce and push dialogue that could end the country’s eight-year-old war, according to reports.
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Honeywell to open state-of-the-art regional manufacturing center in Saudi Arabia’s King Salman Energy Park
- April 3,2023
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- SUSTG Team
Honeywell signed a deal to open an advanced regional manufacturing center at the King Salman Energy Park (SPARK) — Saudi Arabia’s new energy industrial zone, according to a press release.
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MUST-READS
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ExportsDine on Saudi Shrimp in China: Oil Giant Tests a New Export
The emerging trade represents more than a new source of shellfish for the world’s most populous nation. Saudi Arabia is testing the waters in China for shrimp as it seeks to reduce its reliance on oil and develop new industries and lines of business.
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Iran SanctionsChina demands Canada release Huawei executive Meng Wanzhou, Accused of Violating Iran Sanctions
China on Thursday demanded Canada release a top executive at a Chinese technology firm — the daughter of the company’s founder — developments that could complicate the already high tensions over trade between Washington and Beijing and further roil global markets.
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Saudi EconomyThe Saudi Economy Moves Closer to Russia and China
Since the Fracking Revolution, Saudi Arabia has embraced closer energy cooperation with non-Western powers, like China, Russia and India. In the downstream energy industry, the Saudis have embraced greater investment in the refining and petrochemical sectors.
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Red SeaIsraelis to US: Take On China Around Djibouti
The Red Sea basin includes 12 states with a combined population of around 300 million. On the eastern shore lie Yemen and Saudi Arabia. Jordan, Egypt, Saudi Arabia, and Israel share the Gulf of Aqaba. On the African coast of the Red Sea are Egypt, Sudan, Eritrea, and Djibouti.
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Saudi Oil PolicySaudi Arabia nabs new China oil demand, challenges Russia’s top spot
The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next, owned by companies other than state oil giants Sinopec or PetroChina.
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IraqIraq to Boost China Oil Sales by 60% as OPEC Giant Eyes Asia
Iraq aims to supply China with about 60 percent more crude next year, as OPEC’s second-biggest supplier double downs on its main market in Asia, according to the head of the state-run Oil Marketing Co.
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IranTrump’s Iran sanctions resolve faces test from oil-thirsty China, India
Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero.
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Well-beingProgress paradoxes in China, India, and the US: A tale of growing but unhappy countries
Traditional income-based metrics, such as GDP and poverty headcounts, tell a story of unprecedented economic development, as seen by improvements in longevity, health, and literacy.
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Saudi AramcoSaudi Aramco to invest in refinery-petrochemical project in east China
State oil giant Saudi Aramco signed an agreement on Thursday to invest in a refinery-petrochemical project in eastern China, part of its strategy to expand in downstream operations globally.
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U.S. Foreign PolicyWill America Shape Its Grand Strategy Around China or Russia?
The debate doesn’t just have consequences for U.S. foreign policy—it will define the next decades of domestic affairs as well
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