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Saudi Arabia forms global alliance in support of Israeli-Palestinian two-state solution
- September 30,2024
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- SUSTG Team
European, Arab and Islamic nations have launched an initiative to strengthen support for a Palestinian state and its institutions, and prepare for a future after the war in Gaza.
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Middle East accounts for 7.5% of global crypto volume
- September 27,2024
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- SUSTG Team
According to Chainanalysis’ 2024 Geography of Cryptocurrency Report The Middle East & North Africa (MENA) region ranks as the seventh-largest crypto market globally in 2024.
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Saudi Tourism: Who is traveling?
- September 26,2024
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- SUSTG Team
The International Monetary Fund’s (IMF) recent report on the Saudi economy reflected a Saudi tourism landscape that is getting broader and deeper
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OPEC releases World Oil Outlook 2024
- September 25,2024
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- SUSTG Team
The Organization for Petroleum Exporting Countries (OPEC) issued its 2024 World Oil Outlook forecasting significant growth in global energy demand between now and 2050.
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IEA report says 2030 renewable energy goals within reach
- September 24,2024
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- SUSTG Team
Coinciding with the United Nations General Assembly in New York, the International Energy Agency (IEA) has issued ‘From Taking Stock to Taking Action’ report that concludes the goal to triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach, but will require a huge push to unlock bottlenecks such as permitting […]
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KSA moves forward on its nuclear energy plans
- September 19,2024
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- SUSTG Team
The IAEA has for years been in talks with Riyadh on making the switch to a Comprehensive Safeguards Agreement that covers issues like inspections in countries that have ratified the nuclear Non-Proliferation Treaty.
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Epic Boeing 777 journey by land captivates Saudis
- September 18,2024
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- admin
Three retired Saudia Airlines Boeing 777s traversed Saudi Arabia by land from Jeddah to Riyadh to be part of the Riyadh Season 2024 Boulevard Runway zone.
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Aramco Digital and Groq to build world’s largest inferencing data center
- September 16,2024
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- admin
American AI chip startup Groq will partner with Aramco Digital to establish what would be the world’s largest AI inference data center in Saudi Arabia.
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‘Land is Calling’ tourism video premiers
- September 13,2024
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- SUSTG Team
Saudi’s national tourism brand ‘Saudi, Welcome to Arabia’ premiered its new international campaign, “This Land is Calling”, launching across the United Kingdom, France, Italy, Germany, and the United States.
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Saudi Arabia’s Energy Efficiency Drive – ESCO Awards
- September 11,2024
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- SUSTG Team
In 2021, Saudi Arabia announced its intent to achieve carbon neutrality with the goal of reaching net-zero Global Greenhouse Gas (GHG) emissions, by 2060. In addition to efforts to transition to lower carbon sources of energy (natural gas, renewables, clean energy) and reduce carbon emissions (carbon capture), Saudi Arabia is working to increase its energy efficiency.
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MUST-READS
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Saudi start-up Ceer teams up with Rimac
Ceer, the Saudi Arabian EV joint venture (JV) between the Kingdom’s sovereign wealth fund the PIF and Taiwanese electronics heavyweight Foxconn, has signed a deal with Croatia’s Rimac for the supply electric drive systems (EDS) for its planned EVs. upcoming flagship range of EVs. Rimac is aiming to expand from building niche performance BEVs like its own Nevera e-sportscar and the Pininfarina Battista, Aston Martin Valkyrie and Koenigsegg Regera to supply of its technology to more mass-market vehicles.
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Saudi Arabia Launches Mobile ‘Craftsman Bus’ Showcasing Traditional Arts
Saudi Arabia’s Royal Institute of Traditional Arts is currently offering amazing cultural and creative experiences through ‘Craftsman Bus,’ the Saudi Press Agency (SPA) reported. The institute has recently launched a platform on wheels to celebrate and revive Saudi traditional arts through an important tour across the Kingdom. Set to run until November 23, the event features live performances, professional workshops and community art displays. Crucially, the bus stops every week at King Faisal Park (Education Park) in Hafr Al-Batin governorate and the historic market in Dumat Al-Jandal governorate. Moreover, it will conclude its journey at the heritage village in Jizan.
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Saudi Tourism Authority Launches AI Beta Version of SARA, the Smart Guide for Saudi Tourism
The Saudi Tourism Authority has launched the beta version of "SARA," an artificial intelligence (AI)-powered smart guide for Saudi tourism. Designed as a young Saudi woman, SARA is depicted as a travel enthusiast deeply knowledgeable about her country. She shares insights on Saudi Arabia's unique tourist destinations, historical landmarks, archaeological sites, cultural diversity, and international events—everything a traveler might need to know.
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Saudi crown prince receives medical team that performed world’s first fully robotic heart transplant
Saudi Crown Prince Mohammed bin Salman on Wednesday received the Saudi medical team that successfully performed the world’s first fully robotic heart transplant. The transplant was performed at Riyadh’s King Faisal Specialist Hospital and Research Centre in September on a 16-year-old patient suffering from end-stage heart failure. The crown prince congratulated the medical team and the leadership of the hospital on the historic achievement, praising the efforts of Saudi personnel and their ability to innovate and achieve a global precedent in the medical field.
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19th Saudi Relief Plane Departs for Lebanon
A 19th relief plane of the Saudi air bridge, operated by King Salman Humanitarian Aid and Relief Center (KSrelief), left King Khalid International Airport for Lebanon today, carrying food, shelter, and medical supplies.
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Saudi Arabia: A Strategic Partner for Global Manufacturing
Saudi Arabia offers a strategic advantage to manufacturers that are looking for reliable, near-shore locations. The Kingdom is ideally positioned at the crossroads of three continents—within easy reach of Europe and on the doorstep of growth markets in the Middle East, India, Central Asia, and Africa. The region is already well-connected with air and sea links, and with a $147 billion government investment from Saudi Arabia into transportation and logistics infrastructure, the Kingdom is building seamless connections to global markets.
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Strengthening Civil Aviation Partnership Between the United States and Saudi Arabia
U.S. Deputy Assistant Secretary of State for Transportation Affairs Heidi Gómez and Saudi Executive Vice President of Air Transport and International Cooperation Ali bin Mohammed Rajab signed on October 22 a record of discussions finalizing negotiations on a Protocol of Amendment to further expand the U.S.-Saudi Arabia Air Transport Agreement of 2013. The signing took place during the International Civil Aviation Organization (ICAO) Air Services Negotiation Event (ICAN2024) in Kuala Lumpur, Malaysia. Once signed and entered into force, the Amendment will add seventh-freedom traffic rights for all-cargo operations to the bilateral Air Transport Agreement.
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Alat’s Bold Moves at FII8: Driving Partnerships, Resilient Supply Chains, and Sustainability
Alat is excited to announce our official collaboration with the FII Institute – to focus on launching transformative initiatives aimed at addressing critical challenges in various sectors, from AI to clean energy – reinforcing our dedication to innovation and sustainability. By working alongside world leaders and visionaries, Alat will play a pivotal role in driving global progress through innovative technologies and sustainable solutions, with this particular collaboration solidifying our position as a leader in both advanced manufacturing and forward-thinking practices that benefit industries and economies worldwide.
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US-headquartered DGA Group enters Saudi market with Riyadh office
US-headquartered DGA Group currently has a team of over 300 experts working from offices worldwide, with its new Riyadh hub joining Dubai as its second office in the Middle East. DGA Group specialises in topics such as strategic communications, public affairs, government relations, and corporate reputation. Prem Kumar, partner at DGA Group and leader of the firm’s Middle East and North Africa division, said that the opening in Riyadh will enhance its ability to serve clients in the Kingdom, thanks to its closer proximity to client premises and the availability of an on the ground and local-expert team. Up until now, projects in Saudi Arabia were delivered by fly-in members from other offices, mainly Dubai.
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Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. The company reported net income of $27.56 billion in the July-September period, topping a company-provided estimate of $26.9 billion. The print is also a 5% drop from the previous quarter, which came in at $29.1 billion, as lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.
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