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Report: Progress Toward the End of the Conflict in Yemen
- June 22,2021
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- SUSTG Team
The Saudi-led coalition fighting to restore the U.N.-backed government in Yemen and the Iran-backed Houthi rebels are working on a peace deal that would bring toward a close the years-long fighting in the country, according to a report in Reuters, which cited three sources.
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Shoura Council Calls on Saudi Body to Study Expanding Foreign Ownership of Saudi Land
- June 11,2021
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- SUSTG Team
Saudi Arabia’s Shoura Council has called on the Kingdom’s Real Estate General Authority “to coordinate with the relevant authorities to study its proposal allowing non-resident foreign individuals to own real estate in Saudi Arabia amid specific controls,” the local Saudi Gazette reports.
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Saudi FM Faisal bin Farhan Acknowledges ‘Exploratory Talks’ with Iran; Kingdom is ‘Hopeful’
- May 19,2021
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- SUSTG Team
Saudi Arabia’s Foreign Minister HRH Prince Faisal bin Farhan acknowledged in an interview with the AFP that the Kingdom has held “exploratory talks” with regional rival Iran, and said that Saudi Arabia is “hopeful” that the talks in their early stages will lead to diplomatic progress.
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Saudi to Make COVID-19 Vaccinations Mandatory for All Public and Private Sector Workers
- May 7,2021
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- SUSTG Team
All public and private sector workers wishing to attend a workplace in Saudi Arabia will be required to have taken a COVID-19 vaccination, the human resources ministry said on Friday. The ministry did not say when the new rule would take effect.
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Ramadan Moon Seen in Saudi Arabia, Holy Month Begins Tuesday
- April 13,2021
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- SUSTG Team
The Ramadan crescent moon has been sighted in Saudi Arabia, meaning the holy month will officially begin on Tuesday, April 13, according to an official announcement from the Kingdom’s Supreme Court.
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Saudi Arabia’s First Major Wind Farm Reaches Milestone as Renewables Push Continues
- April 12,2021
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- SUSTG Team
Saudi Arabia’s Dumat Al Jandal wind farm, its first major wind energy installation and part of a broader mix of national renewable energy solutions, has reached the 50 percent completion mark, according to reports.
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Jadwa Investment Launches $266m Fund to Invest in Riyadh’s Real Estate Market
- April 6,2021
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- SUSTG Team
Saudi Arabia’s Jadwa Investment has reportedly launched a $266m fund to invest in Riyadh’s real estate market, hoping to develop more than 1,500 residential units through several apartment complexes, targeting mid- to high-income households, the UAE-based The National reports.
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US-based Railcar Company Greenbrier the Latest to Move Regional HQ to Riyadh
- March 25,2021
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- SUSTG Team
US-based railcar company Greenbrier is one of the latest American companies to be moving or building their regional Headquarters in Riyadh, the company said, as it looks to profit off the opportunities presented by the Kingdom’s Vision 2030 economic and social reform plans. The NYSE-listed Greenbrier is one of 24 companies that have recently agreed […]
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New Whitepaper Examines the State of Recycling, Waste Management in Saudi Arabia, UAE
- March 22,2021
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- SUSTG Team
A new whitepaper released online from the UK-based publication The Economist Intelligence Unit examines the state of waste management and recycling in Saudi Arabia and the UAE. The whitepaper, entitled Towards zero: Rethinking recycling in Saudi Arabia and the UAE, examines the state of waste management in Saudi Arabia and the UAE and identifies priorities for accelerating […]
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Event Alert: H.E. Khalid Al-Falih, Princess Reema bint Bandar Headline U.S.-Saudi Arabia Business Leaders Virtual Forum on March 23-24
- March 18,2021
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- SUSTG Team
The U.S. Chamber of Commerce is hosting a two day virtual event bringing together U.S. and Saudi Arabia business and government leaders on March 23-24. The event, entitled the U.S.-Saudi Arabia Business Leaders Virtual Forum, will see virtual keynote remarks delivered by H.E. Khalid Al-Falih, Saudi Arabia’s Minister of Investment, H.R.H. Princess Reema bint Bandar […]
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EgyptPatriotism and soft power: how Egypt sought to gain from Afcon
Senegal and Algeria will contest the final but there is a feeling, at the end of a hastily arranged tournament that divided home supporters and saw their team fall short of expectations, that the past month is best swept under the carpet.
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LibyaMajor powers urge halt to Libya fighting
Key powers called on Tuesday for a halt to fighting in Libya, warning that bloodshed was aggravating a crisis on multiple fronts. The United States, France, Britain and Italy joined Egypt and the United Arab Emirates in voicing "deep concern" over the violence around the capital Tripoli.
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PowerThe Middle East Needs Nuclear Power. Here’s What America Should Do About It.
As the United States continues to address the nuclear ambitions of Iran—currently resulting in sanctions and tensions in the Persian Gulf and Strait of Hormuz—it is worth considering the idea of nuclear power in the rest of the Middle East.
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Women EmpowermentFinancial literacy is key to empower women: Princess Reema
Financial literacy and self-sufficiency can empower women in many ways, said Saudi Ambassador to the US Princess Reema Bint Bandar in a video campaign by the Rockefeller Foundation. “Today more and more women are entering the workplace, but they still don’t have the education to make the correct financial decisions for themselves,” she said.
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IranIran seizes 1,000 Bitcoin mining machines after power spike
Bitcoin mining has reportedly sprung up in a variety of locations in Iran. "Everyone's talking about Bitcoin and how to get it," said Mahsa Alimardani, a researcher at the Oxford Internet Institute, who grew up in Iran.
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ACWA PowerChina’s Silk Road scoops up 49% stake in ACWA Power holding
The agreement sees China take a closer interest in renewables across the Middle East, an area at the epicentre of the Belt and Road infrastructure corridor Beijing is fostering all the way to Spain. Deploying from a US$40 billion capital pool, the Silk Road Fund was created specifically to channel equity and debt towards energy and transport projects under the initiative.
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PowerSilk Road Fund Buys 49% Stake in Saudi Arabia’s ACWA Power Unit
ACWA Power, a developer, owner and operator of power generation and water desalination plants, signed an agreement with China’s Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd. (ACWA Power RenewCo) — ACWA Power’s renewable energy platform that currently owns a number of its existing renewable energy projects — with a 49 percent stake in the company.
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Iran SanctionsAs Iraq Tries to Beat the Heat, U.S. Renews Sanctions Waiver on Power From Iran
The U.S. has allowed Iraq to import natural gas and electricity from Iran without risking sanctions for another four months, Iraqi officials said, as Baghdad braces for protests over power cuts during the scorching summer months.
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WomenMuallami at UN: 2018 was the year of women empowerment in Saudi Arabia
In a speech to the Executive Council of the United Nations Women's Authority in New York, Saudi Arabia's Permanent Representative to the UN Abdullah Bin Yahya Al-Muallimi said 2018 marked the year of transformation and excellence for Saudi women.
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Oil MarketsSaudi urges world powers to secure waterways after twin attacks
Saudi Arabia's cabinet urged world powers Tuesday for firm measures to secure shipping lanes across the region, state media reported, after last week's twin attacks on tankers that escalated regional tensions.
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