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Recent stories from sustg
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Saudi Pro League Clubs to Play in Iran After Travel Ban Lifted
- September 5,2023
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- SUSTG Team
Saudi Pro League clubs will travel to Iran to feature in the Asian Champions League after the Asian Football Confederation on Monday said games between teams from the two nations would be played on a home-and-away basis for the first time since 2016, according to a report in Reuters.
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Saudi Arabia Said to Weigh Investing in ‘Made in Italy’ Fund; Italy’s Eni and ACWA Power Sign Green Hydrogen Deal
- September 4,2023
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- SUSTG Team
Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome’s new strategic fund, Italy’s Industry Minister Adolfo Urso said on Monday, as the two signed a deal to forge closer economic relations, particularly in energy, Reuters reports. The “Made in Italy” fund was approved in May and will have an initial endowment of […]
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Saudi giga-projects and construction with MEED editor Colin Foreman, an update on the New Murabba and the Saudi Pro League, and more
- September 1,2023
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- SUSTG Team
Colin Foreman, journalist and editor for the Middle East Economic Digest (MEED), joins The 966 to talk about construction, giga-projects, and Saudi Arabia’s economic development. MEED is a leading resource for executives with a highly-respected publication for the MENA region. Before the conversation with Colin, the hosts discuss the latest with the Saudi Pro League […]
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Saudi Arabia’s Media Powerhouse SRMG Makes Strategic Investment in Anghami, Spotify’s MENA Region Rival
- August 22,2023
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- SUSTG Team
SRMG Ventures, the venture capital arm of Riyadh-based conglomerate and the largest publishing company in the Middle East, the Saudi Research and Media Group, has announced a $5 million investment in Anghami, which is the Arab world’s rival to Spotify, according to Variety.
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More on Saudi-Israel normalization reports, Lucid’s future, and Kuwait University’s Bader Al-Saif joins The 966
- August 11,2023
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- SUSTG Team
Episode 98! Dr. Bader Al-Saif, founding President at Al-Saif Consulting and Assistant Professor at Kuwait University joins The 966 to talk about Saudi Arabia as an emerging economic and diplomatic power in a changing region. Al-Saif is also a visiting researcher at Georgetown University, where he completed his PHD in history, and a non-resident fellow […]
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Pulitzer Prize winning journalist and former publisher of the Wall Street Journal Karen Elliott House joins The 966
- August 4,2023
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- SUSTG Team
American journalist, author, media executive, and pulitzer prize winner Karen Elliott House joins The 966. Elliott House discusses her recent work, a paper entitled ‘Saudi First’, for the Belfer Center at Harvard’s Kennedy School of Government, as well as her experiences traveling to and from Saudi Arabia for decades and her views on Saudi Arabia as […]
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PepsiCo Middle East CEO Aamer Sheikh joins The 966, plus a full update on Saudi football, King Saud University’s overhaul and more…
- July 28,2023
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- SUSTG Team
Episode 96! The 966 speaks with PepsiCo Middle East CEO Aamer Sheikh for a conversation about the company’s strategy to plug into Vision 2030’s opportunities and continue to stay on top as the number one food and beverage brand in the Kingdom of Saudi Arabia. Mr. Sheikh, who is Pakistani-American and grew up in the […]
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Royal Order Converts Riyadh’s King Saud University to Independent, Non-Profit Academic Institution under Umbrella of RCRC
- July 27,2023
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- SUSTG Team
Crown Prince Mohammed bin Salman issued a Royal Order transforming King Saud University into an independent, non-profit academic institution that be under the “umbrella” of the Royal Commission for Riyadh City, according to multiple reports.
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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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The MENA region gets hotter as a global heat wave hits 3 continents, the Islamic New Year, Saudi Arabia outranks the US in expat survey and much more…
- July 21,2023
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- SUSTG Team
Episode 95! The hosts discuss some of the biggest storylines and topics on Saudi Arabia this week. First, Richard’s One Big Thing this week, the Islamic new year. Muslims around the world observe and celebrate the Islamic New Year, also called the Hijri New Year, which marks the beginning of a new lunar Hijri year. […]
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MUST-READS
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How Solar-Powered Desalination Allows Saudi Arabia To Produce Potable Water Sustainably
Each year, the Kingdom requires an average of 5.5 billion cubic meters of freshwater. The need for water is especially high during the Hajj and Umrah seasons, when well over a million pilgrims arrive from around the world. Home to more than 37 million people, the Kingdom is the world’s third-largest consumer of water per head of population. Agriculture alone accounts for around 84 percent of total water consumption.
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The power of ‘brandformance’ in the Middle East
A recent eMarketer survey revealed that 56 percent of global brands have experienced improved outcomes by breaking down the conventional barriers between branding and performance and opting for a combined approach known as ‘brandformance’. This strategy can be crucial to the MENA market, which is characterised by fierce competition and a deeply digital landscape.
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A sweltering Middle East cannot afford more power cuts
Blistering summer heat is nothing new in many parts of the Middle East, even in this era of global warming. For centuries, the people of this region have used all their ingenuity and resilience to cope with high temperatures and humidity. From the Sumerians developing advanced irrigation systems to the barjeel system of ventilation, inhabitants of the region have adapted well to the weather. One would have hoped that modern technology such as air conditioning, refrigeration and electric fans would have consigned such struggles to the past. Sadly, for some countries, even in 2024 this is not the case. Mismanagement and corruption plague some nations, compounding the problems of excessive heat.
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Solar power is now bigger than oil — for the first time ever
Using a conservative production metric, the panels produced by Tongwei in 2024 will contribute around 27 exajoules of electricity to the grid, while the oil and gas pulled out of the ground by Exxon this year will account for a mere six exajoules. In fact, all seven of the biggest petroleum producers combined will contribute less energy from their products this year than just Tongwei’s long-tail solar production.
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Saudi Arabia seeks firms for Rub Al-Khali power plant
Saudi Arabia's Zakat, Tax & Customs Authority (Zatca), in collaboration with the National Centre for Privatistion & PPP (NCP), has invited companies to prequalify for a contract to develop a hybrid power plant at the Empty Quarter (Rub Al-Khali) land port. The project aims to reduce the use of diesel fuel by using renewable energy, and to ensure long-term power supply at the Empty Quarter land port.
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Saudi Arabia’s ACWA Power Spearheads Energy Transition
ACWA Power, a leading private developer, investor and operator with 77 power generation and water desalination projects to its name across Saudi Arabia, is driving sustainability and continues to be one of the Middle East’s energy transition leaders.
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What will it take to make the MENA region a renewable energy powerhouse?
At a time of rapid growth in renewable energies such as solar and wind, it would be easy to write off the region (as some are doing) as a waning power, both in terms of energy and geopolitics. After all, how good can the outlook be for petrostates in a world focused on moving to net-zero emissions? In our view, the opposite is true: the region is well placed to become not just a major source of renewable energy, but also a central and indispensable player in the global energy transition, uniquely able to balance supply and demand for all types of energy, both hydrocarbons, and renewables.
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The power of innovation and collaboration in Saudi Arabia
In our industry, ‘innovation’ is a buzzword that’s thrown around a lot, but often falls short in practice. Every conversation and project request seems to demand innovation, but most of the time, it doesn’t deliver. Let’s break it down: there’s basic improvement, which some might call innovation, and then there are big ideas that never actually happen.
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Solar PV to help meet soaring Middle East power demand, reduce reliance on fossil fuels / Rystad Energy
The Middle East's energy sector is at a turning point. Although traditionally an oil and gas powerhouse, the region is shifting its focus to renewables as a response to rapid industrial growth, increasing population, and a global drive to reduce carbon emissions. The region is home to over 280 million people and has one of the world’s fastest-growing populations, increasing by over 60% since 2000. This has led to a rapid increase in power demand, more than doubling in the past 20 years.
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Believe it or not: Even in Saudi Arabia, renewable power is cheaper than fossil fuels
Saudi Arabia signed deals to buy electricity from two large-scale wind farms that are cheaper than natural gas plants, as it aims to rapidly transition to a bigger share of renewables in the power grid.
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