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Recent stories from sustg
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Two New Towers Planned for Saudi Arabia’s NEOM as Kingdom’s Building Boom Continues with Epicon
- November 21,2023
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- SUSTG Team
Two new towers aimed at attracting tourists to the Gulf of Aqaba in Saudi Arabia are set to be built in the special economic zone of NEOM as part of a new development launched last week called Epicon.
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Princess Mashael bint Saud Al Shalan joins The 966, Saudis rush to theaters to See ‘Barbie’, an update on The Line and more…
- August 18,2023
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- SUSTG Team
Episode 99! Princess Mashael bint Saud Al-Shalan, Founding Partner, Aeon Strategy, joins The 966 to discuss her work heading one of the leading consultancies in Saudi Arabia in the field of sustainability. Aeon Strategy played a key role in support of the Kingdom’s Net-Zero targets under the Saudi Green Initiative and the Circular Carbon Economy […]
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The 966, #133, How Working Women are Changing Saudi Arabia with Dr. Jennifer Peck, Swarthmore College
- July 9,2024
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- SUSTG Team
In Episode #133 of The 966 podcast host Richard Wilson welcomes Dr. Jennifer Peck, Swarthmore College, who has done extensive and fascinating research on women in Saudi Arabia’s labor market as well as recently being featured in Foreign Affairs magazine for her superbly researched and written article, Working Women are Changing Saudi Arabia: Reforms Have Made […]
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Hyundai and Red Sea Global Agree to Test EVs and Air Mobility Systems
- March 25,2024
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- SUSTG Team
Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Global (RSG) to cooperate in the Middle Eastern country’s push for electrification and other eco-friendly future mobility projects.
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Science Museum Group to create ‘museum hub’ in Saudi Arabia
- February 16,2024
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- SUSTG Team
The Science Museum Group is to create a Museums Hub in Saudi Arabia which it says will become a “center of excellence for science and culture and support the wider museum sector”. The new hub, to be located in Riyadh, hoped to enable the Science Museum Group to work with museum professionals, researchers and educators […]
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OPEC+ Postpones Policy Meeting By Four Days to Nov 30; Surprise Move Causes Oil to Drop
- November 22,2023
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- SUSTG Team
OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts by four days, to Nov. 30 from Nov. 26, the group said in a statement on Wednesday, in what many considered a surprise development sparking a further drop in oil prices, according to a report in Reuters.
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Turkey’s Erdogan Departs for Saudi Arabia to Seek Investment
- July 17,2023
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- SUSTG Team
Turkey’s President Recep Tayyip Erdogan will visit Saudi Arabia and the United Arab Emirates this week as he looks to attract foreign investment into Turkey.
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Saudi trails only Singapore in Emerging Market VC in H1 2024
- July 11,2024
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- SUSTG Team
Magnitt’s H1 2024 Saudi Arabia Venture Investment Report, sponsored by SVC, underscores Saudi Arabia’s leading role in the MENA VC landscape and its continued appeal to both local and international investors.
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Saudi Film Commission Reports Impressive 2023 Growth Statistics
- March 22,2024
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- SUSTG Team
Published in Screen Daily, the Saudi Film Commission reported on topline 2023 metrics for Saudi Arabia’s growing film industry. With more than 50% of the Saudi population under 25, there is a significant appetite for cinema, particularly for US action films, Egyptian comedies, and Saudi narratives.
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What it’s like to live in Saudi Arabia during Riyadh Season, PIF-backed Alat launches with eyes on a big impact, and more…
- February 20,2024
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- SUSTG Team
The boys are back for their normal format and catch up on just some of the seemingly endless new developments and storylines emerging from Saudi Arabia of late.
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MUST-READS
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Water InvestingSaudi Arabia Follows Michael Burry In Water Investment
Hedge fund legend Michael Burry of The Big Short fame first popularized the idea of investing in water, and now the government of Saudi Arabia investing in U.S. water rights is raising eyebrows.
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WaterWater bills too expensive? Dig a well, says Saudi minister
Saudi Arabia’s Water and Electricity Minister has told consumers that they should apply for permits to dig wells if they are unhappy over the rising cost of their water bills. Arab News reported that Abdullah Al Hussayen had made the suggestion after an increased number of complaints from members of the public.
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Saudi Land PurchasesSaudi land purchases in California and Arizona fuel debate over water rights
Over the last decade, Saudi Arabia and the United Arab Emirates emerged as significant buyers of American hay as their governments moved to curb water use. Together they accounted for 10 percent of U.S. exports of alfalfa and other grasses last year.
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WaterHigher water bills create angry waves
There has been a surge in complaints to the National Water Company (NWC) by Saudis about higher water bills resulting from the increased tariffs announced by the government late last year.
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Gulf EconomiesAnalysis: Blood in the Water: Speculation on Gulf Currency Pegs Misses First Victims of Downturn
GCC states’ economies grew at a compound average rate of 5.8 percent per year between 2000 and 2012.
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U.S.-IranSailors on seized U.S. Navy boats mistakenly steered into Iranian waters
Officials are trying to ascertain how they wound up off track, leading to the run-in with Iran's paramilitary forces based on the island, according to a source familiar with the debriefings.
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Subsidy reformOnly 13% of Saudi households to pay more for electricity, water
Saudi Arabia’s water and electricity minister has moved to calm speculation over higher utility charges for the kingdom’s residents.
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2015 Jeddah FloodsSaudi dams can’t hold floodwaters — environment expert
The Kingdom’s dams do not have the capacity to hold a great deal of rainwater, which means that overflows are a major threat to citizens living in valleys and other low-lying areas, according to an environmental expert.
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AgricultureSaudi Wells Running Dry — of Water — Spell End of Desert Wheat
The shift toward imports, which started eight years ago, is reverberating beyond the kingdom, providing business opportunities for grain traders such as Cargill Inc and Glencore Plc as well as for farmers in countries such as Germany and Canada.
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Price of WaterHurt by cheap oil, Saudi government will make water more expensive
The rate for industrial, government or large corporate users will rise to 9 riyals ($2.40) per cubic meter from 4 riyals now, starting on December 16, the local newspaper al-Watan reported in an article posted on the website of the Ministry of Water and Electricity.
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