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In Op-Ed, Ambassador Princess Reema bint Bandar Says Gender Equality Must Be A Global Priority
- January 29,2021
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- SUSTG Team
In a passionate op-ed published by Harper’s Bazaar Arabia, Saudi Ambassador to the U.S., H.R.H. Princess Reema Bint Bandar Al Saud urges leaders and others around the world to do more to support gender equality and argues “there is no better time to advance women’s roles in society than now.”
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After Strong Finish in 2020, Oil Likely to Continue Steady Comeback in 2021 — Jadwa Investment
- January 18,2021
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- SUSTG Team
After a strong finish to 2020, oil demand will continue rising in Q1 and during the rest of the year on a quarterly basis, but still end up 3 percent lower than pre-COVID-19 levels by the end of 2021, a recent report by Jadwa Investment on the market said.
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October Data: Saudi Oil Exports Drop $5 Billion, Down Nearly One Third
- December 24,2020
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- SUSTG Team
Saudi Arabia’s oil exports in the month of October fell by 18.9 billion riyals ($5.04 billion), down by nearly a third, while non-oil exports fell by 0.3%, according to data obtained by Reuters.
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Saudi Arabia’s Air Force Receives Final F-15SA Fighter Aircraft in Deal Signed under Obama Administration
- December 14,2020
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- SUSTG Team
The Royal Saudi Air Force has received the last F-15SA advanced fighter aircraft from the United States as part of a massive $29bn foreign military sales (FMS) agreement agreed to with the Obama administration in 2010. An advanced version of the F-15S, the F-15SA is equipped with several capabilities to enable the Royal Saudi Air Force […]
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Saudi Arabia, Qatar Near Deal to End Three Year Rift — Report
- December 3,2020
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- SUSTG Team
Saudi Arabia and Qatar are nearing a “preliminary deal” to end a three-plus year rift between the two Gulf nations, according to Bloomberg.
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Gradual Private Sector Recovery Underway in Saudi Arabia, Latest Data Indicates – Jadwa Investment
- December 1,2020
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- SUSTG Team
Saudi Arabia’s private sector is beginning to see signs of a gradual recovery, with non-oil PMI rising for the second consecutive month in October, Jadwa Investment says in its latest monthly Chartbook for the Saudi economy.
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G20 Saudi Secretariat Announces Digital Summit to Discuss Inclusive Growth in Aftermath of Covid-19
- October 20,2020
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- SUSTG Team
The G20 Saudi Secretariat as part of the International Conference program announces a four-day digital event series to explore how businesses, governments, and citizens can drive opportunities for inclusive growth through regulation, new technologies, and long-term strategic approaches in the aftermath of the Covid-19 pandemic.
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Road to the G20: Saudi Arabia Hosts Space Economy Leader Meeting
- October 8,2020
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- SUSTG Team
Saudi Arabia’s Space Commission organized 2020′s first meeting of space agency leaders that belong to G20 countries, as part of its chairmanship of the G20 this year.
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Lower Oil Revenue Strains Saudi Fiscal Outlook in 2020; 2021-22 Revenue Forecasts ‘Virtually Unchanged’ — Jadwa Investment
- October 6,2020
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- SUSTG Team
Saudi Arabia announced last week its preliminary budget statement for the 2021 fiscal year, and adjusted downward its revenue forecasts for 2020 in the face of low oil prices and the global pandemic, Jadwa Investment writes in an update.
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Road to the G20: Delegates at U20 Mayors Summit in Riyadh Discuss Transformation of Urban Energy Systems Using Renewables
- October 2,2020
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- SUSTG Team
The 3-day virtual Urban 20 (U20) meeting concluded today as mayors around the world collaborate on ideas and policies that will shape the world’s cities in the years to come.
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MUST-READS
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Saudi Arabia condemns military targeting of Iran, urges restraint amid regional tensions
In a statement, Saudi Arabia urged all involved parties to exercise maximum restraint and to de-escalate tensions, warning of the potential consequences of continued military conflicts. The Kingdom called upon the international community, as well as influential and active stakeholders, to fulfill their roles and responsibilities in mitigating escalation and working towards the cessation of conflicts within the region. Early Saturday, Israel announced that its military has executed "precise strikes" against military targets in Iran, with explosions reportedly heard in Tehran.
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Saudi deputy foreign minister engages in key diplomatic meetings at donors’ conference in Jeddah
Saudi Arabia’s deputy minister of foreign affairs Waleed Elkhereiji held a series of high-level meetings on Saturday on the sidelines of the Donors’ Conference to Support Internally Displaced People and Refugees in the Sahel and Lake Chad Region. The conference, held in Jeddah, brought together international representatives to address the humanitarian challenges impacting the region.
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‘He’s back’: Herve Renard returns as Saudi Arabia national team head coach
“I’m back,” Renard said in a social media video posted by the Saudi Arabia Football Federation. It will be the second spell in charge of the Green Falcons for the Frenchman. Renard led the national team to a memorable 2-1 win over eventual champions Argentina at the 2022 World Cup but left in March last year to take over France’s women’s team. The 56-year-old stepped down from the role in August following France’s quarter-final exit to Brazil at the Paris Olympics.
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How investment in solar capacity is powering Saudi Arabia’s sustainable energy future
By the end of the decade, Saudi Arabia aims to generate 58.7 gigawatts of renewable energy. This includes 40 GW from solar photovoltaics, alongside 16 GW from wind energy and 2.7 GW from concentrated solar power. In 2024, Abdulaziz bin Salman, the Saudi minister for energy, announced plans to tender new renewable energy projects with an annual capacity of 20 GW. This could potentially lead to a total capacity of 100-130 GW by 2030.
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Saudi weather authorities warn of thunderstorms, heavy rains across Kingdom
Temperatures plummeted to a low of 17 degrees Celsius, while the maximum temperature was pegged at 27 degrees. Thursday night also saw cold winds blowing at high speeds, heralding the onset of winter in Riyadh. Following the heavy rains forecast, the Civil Defense also issued a warning for potential flooding in multiple regions of Saudi Arabia.
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Saudi Arabia making ‘significant strides’ in health tourism, expert says
“The integration of digital health solutions, such as telemedicine and e-health services, further supports sustainability goals. These innovations reduce the need for travel, lowering carbon emissions and making healthcare more accessible,” he said. Saudi Arabia’s healthcare infrastructure also plays a pivotal role, he said. "The Kingdom’s commitment to achieving international accreditation for its healthcare facilities ensures that they meet rigorous quality standards,” Baslom said.
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Safeya Binzagr, a Saudi Artist Celebrated but Long Unseen, Dies at 84
The Saudi Arabian artist Safeya Binzagr’s groundbreaking moment came in 1968, when she had her debut exhibit, at a girls’ school in the coastal city of Jeddah. It was the first time a woman had shown her art publicly in the country, and the distinguished group of attendees included Saudi royals, diplomats and intellectuals. Despite the restrictions of Saudi society, though, Ms. Binzagr celebrated her heritage — advancing women’s role in Saudi Arabian art, starting classes and opening one of the first art museums in the country.
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BlackRock studies how to develop Saudi mortgage market
Bartholomew Nash, Director of Corporate Communications at BlackRock, said the asset management firm is studying mechanisms to develop the mortgage-backed securities market in Saudi Arabia, Al Eqtisadiyah newspaper reported. He added that the company is currently working on this mechanism to develop the Saudi market under the terms of the agreement signed with Saudi Real Estate Co. (SRC) on Aug. 24. In August, SRC signed an agreement with BlackRock to develop the mortgage sector in the Kingdom and boost international and local investor base, as well as achieve stability in the housing market and diversify financing options, according to data available with Argaam.
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Saudi Arabia to expand studies of ancient mustatil stone structures
Saudi Arabia’s Heritage Commission will expand research and excavation efforts at new mustatil sites in the Kingdom, scientists said at a recent meeting of the body. The commission held an open virtual meeting to discuss the recent findings on mustatils — some of the world’s oldest human-made stone structures — in the Hail region. During the meeting, scientists stressed the importance of expanding the scope of their studies, and presented some of their preliminary findings. They plan to focus on the environmental dimensions of mustatils, linking them to climate changes that affected the region during that period.
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Roberto Mancini out as coach of Saudi Arabia’s national team
Roberto Mancini has left his role as head coach of Saudi Arabia’s national team, the country’s soccer federation said Thursday. Mancini, who won the European Championship as Italy coach in 2021, left by mutual consent, it said. The former Inter Milan and Manchester City manager won multiple titles in a storied career as both player and coach. But he failed to lead Saudi Arabia to victory at the Asian Cup this year — exiting the tournament in the round of 16.
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