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Recent stories from sustg
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Rents for Office Space in Riyadh Climb as Kingdom Pushes Local Headquarters Drive
- November 10,2021
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- SUSTG Team
Rents for premium office spaces in Riyadh rose over the last year, evidence that Saudi Arabia’s push to get international companies to make their regional headquarters in the Kingdom is starting to show results.
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Archaeologists in Saudi Arabia Excavate for Remnants of Ancient Kingdoms – Report
- November 2,2021
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- SUSTG Team
A team of French and Saudi archaeologists has begun work on excavating near Al-Ula in Saudi Arabia in hopes of discovering the remnants of the ancient and long-forgotten kingdoms of Dadan and Lihyan, according to a Reuters report.
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Saudi FM Prince Faisal bin Farhan, Ambassador Reema bint Bandar Meet with Secretary of State Blinken in Washington
- October 15,2021
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- SUSTG Team
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and Saudi Ambassador to the United States Princess Reema Bint Bandar Al-Saud met with U.S. Secretary of State Antony Blinken in Washington on Thursday, and “exchanged views on Iran’s nuclear program and international talks on the matter,” according to a statement from Saudi Arabia’s foreign ministry […]
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Premiere League Set to Give Saudi Green Light for Newcastle Takeover
- October 7,2021
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- SUSTG Team
Saudi Arabia’s PIF has cleared a significant hurdle in its quest to acquire a reported 80 percent stake in Newcastle United, according to reports.
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Saudi Arabia’s Tadawul Likely to End 2021 With 30 New Listings This Year – CMA Head
- September 27,2021
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- SUSTG Team
Saudi Arabia’s stock exchange will likely end the year with more than 30 new listings as the Kingdom’s IPO bonanza in 2021 continues, according to comments from the Kingdom’s head of its Capital Markets Authority Mohammed El-Kuwaiz. El-Kuwaiz made the comments on Monday at a conference in Riyadh, according to Reuters.
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Crown Prince Launches Major Education Reform with ‘Human Capability Development Program’
- September 16,2021
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- SUSTG Team
Saudi Arabia is set to undertake a top-to-bottom overhaul of the Kingdom’s education system to better prepare citizens to find jobs and tackle intolerance, according to an announcement on the Vision 2030 website and other reports.
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Non-Oil Sector in Saudi Arabia Loses Some Steam in Latest Figures as Kingdom’s Economy Continues to Grow
- September 13,2021
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- SUSTG Team
Saudi Arabia’s economy posted a 1.8% annual growth figure for the second quarter but the non-oil sector lost steam, according to official gross domestic product (GDP) estimates shared in a Reuters report on Monday.
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Bloomberg Report: Saudi Arabia Continues to Combat Pandemic with ‘World’s Toughest Rules’
- September 1,2021
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- SUSTG Team
Since the start of the global pandemic last year, Saudi Arabia’s authorities and leadership have implemented progressive policies to help the Kingdom mitigate the spread of the Coronavirus within its borders. From imposing strict fines for individuals and businesses who flaunt rules on mask mandates and distancing requirements to shutting down international travel, and even all but cancelling […]
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Saudi Economy: Jadwa Investment Revises 2021 GDP Forecast Upward as Activity Rises
- August 26,2021
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- SUSTG Team
With both oil and non-oil economic activity in Saudi Arabia growing as the Kingdom’s economy bounces back from the pandemic, Riyadh-based Jadwa Investment said in a research note that it will upgrade Saudi Arabia’s 2021 forecasted GDP.
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Saudi Arabia’s Public Investment Fund Raises Stake in California-Based Activision Blizzard Inc.
- August 18,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) significantly increased its stake in California-based entertainment and games company Activision Blizzard Inc. last quarter, buying 37.9 million shares with a market value of $3.6 billion, according to Bloomberg.
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ME PowerMiddle East to require additional power capacity of 267 GW by 2030
Siemen’s maps out the region’s current power generation scenario, upcoming challenges, allocation of energy sources and the role digitalisation will play in the future energy mix.
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MiSK FoundationThree ventures to empower, inspire Saudi youth launched
The Deputy Crown Prince Mohammed bin Salman’s MiSK Foundation on Wednesday launched a trio of new strategic ventures in Riyadh aimed at comprehensively building the skills, knowledge and capability for economic growth within the Saudi Arabian tech sector.
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EnergySaudi Arabia will use less oil for power, says energy minister
Saudi Arabia is committed to doubling its natural gas production and lower its use of oil in electricity generation, the country's energy minister told delegates at U.N. climate talks in Morocco on Wednesday.
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U.S. Asia PolicyPerspective: How Trump Will Affect the India-Pakistan Balance of Power
Although there are enormous uncertainties, the tea leaves point to a limited commitment to Afghanistan, an even more skeptical and conditional patronage of Pakistan than we already see, and a relationship with India that although warm in tone will leave it far more isolated in facing growing Chinese power.
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MiSK Global ForumMiSK Global Forum to empower youth
The first-ever MiSK Global Forum, is a two day event focused on a variety of multidimensional formats, culture and technology for young Saudis and Arab youth in partnership with the brightest minds in the world.
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Public Investment Fund (PIF)Saudi sovereign fund PIF considers buying stake in power firm ACWA
Saudi Arabia's main sovereign wealth fund, Public Investment Fund (PIF), is considering buying a stake in Riyadh-based ACWA Power, which operates power and water plants around the world, sources familiar with the matter told Reuters.
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PowerSaudi ACWA Power to create new renewables company
Saudi Arabia’s electricity and desalination company, ACWA Power, said Wednesday it will create a new company to hold its existing renewable energy portfolio and capitalize on the rapidly growing market potential for clean energy in emerging markets.
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U.S. Middle East PolicyLeveraging U.S. Power in the Middle East
The geopolitical landscape that emerged after the end of the Cold War is facing recent strains from an unprecedented wave of global migration, climate change, and a more assertive Russia and competitive China—and the Middle East has emerged as a focal point for many of these challenges.
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PowerSaudi: Doosan Heavy secures $896m power plant deal
Doosan Heavy Industries & Construction has secured the main contract for the construction of the Fadhili combined cycle power plant project in Saudi Arabia in a deal worth $896.46m
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IraqEx-PM Maliki making comeback as Iraq’s most powerful man
Nuri al-Maliki is once again positioning himself as Iraq's most powerful man, poised to return as kingmaker in a fight for influence that could decide Iraq's fate as a unified country after the coming battle to recapture Mosul from Islamic State.
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