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Recent stories from sustg
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Saudi sends largest paralympic delegation ever to Paris games
- August 30,2024
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- SUSTG Team
Saudi Arabia will send its largest delegation to date to the 2024 Paris Paralympic Games. Taking place from August 28th until September 8th, nine Saudi athletes will compete in athletics, weightlifting, taekwondo, table tennis, and dressage.
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Value of Saudi e-commerce revenues expected to reach $69bln by 2025: Monsha’at
- August 29,2024
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- admin
According to a report from the Small and Medium Enterprises General Authority (Monsha’at), the number of e-commerce platform users in the kingdom is expected to reach 34.5 million by 2025, marking a 42% increase from 2019 to 2024.
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Saudi anti-corruption law strengthened
- August 28,2024
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- admin
Saudi Arabia’s Council of Ministers recently enacted a stringent new law designed to tackle corruption among government employees.
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Saudi non-oil economy continues growth
- August 27,2024
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- SUSTG Team
Jadwa Investments’ August 2024 macroeconomic update showed robust growth in non-oil activity.
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Esports World Cup crowns winners after historic 8-week tournament
- August 26,2024
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- admin
The Esports World Cup Foundation, the non-profit organization hosting the Esports World Cup, the world’s largest esports competition and gaming festival, celebrated the historic inaugural event with HRH Mohammed bin Salman in attendance by crowning Team Falcons the first Esports World Cup Club Champion on Sunday night in Riyadh, Saudi Arabia.
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184 foreign companies move regional HQ to Saudi Arabia during first half of 2024 – MISA
- August 23,2024
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- admin
Saudi Arabia’s Ministry of Investment reported that 184 foreign companies moved their regional headquarters to Saudi Arabia after obtaining an investment license during the first half of 2024.
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Saudi Professional League Season starts; summer transfer window subdued
- August 22,2024
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- SUSTG Team
The SUSTG Review wrote in July that Saudi Arabia’s professional football transfer strategy has evolved. After numerous blockbuster acquisitions in 2023, the current transfer window (though not over) has been subdued.
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ACWA Power commissions 700-MW solar park in Saudi Arabia; First of four planned for 2024
- August 21,2024
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- SUSTG Team
Co-owner ACWA Power has commissioned The 700-MW Ar Rass solar photovoltaic project located in Qassim province, north of Riyadh. The electricity from Ar Rass will go to the national grid under a 25-year offtake agreement with the Saudi Power Procurement Company (SPPC).
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Saudi’s Public Investment Fund issues 2023 Annual Report
- August 20,2024
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- admin
PIF governor Yasir Al Rumayyan noted that the fund has increased its global reach, unveiled giga-projects, launched portfolio companies and delivered “ahead of financial return targets – in line with the goals of its Vision Realisation Programme 2021-2025”.
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KSA and it’s summer power surge challenge
- August 19,2024
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- SUSTG Team
In terms of oil consumption used for its electricity sector Saudi Arabia matches the entire oil consumption of Italy, Spain or Turkey. The kingdom’s oil for power use spikes over 1 million barrels per day in summer to generate power and water.
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MUST-READS
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Anti-ISIS CampaignTake Off the Pentagon’s Gloves in the ISIS War? Not So Fast.
Policies intended to reduce civilian harm didn’t arise out of elite Washington think tanks or academia; they arose from the military’s own lessons learned
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Military SpendingPentagon details plan for $30 billion budget boost
Buoyed by President Donald Trump's pledge to rebuild the U.S. armed forces, senior Pentagon officials have delivered to Congress plans for increasing the defense budget by more than $30 billion to acquire new jet fighters, armored vehicles, improved training and more.
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Trump Travel BanPentagon Scrambles to Make Exception for Iraqi Translators
The list would consist of “those who have tangibly demonstrated their commitment” to support U.S. forces, Pentagon spokesman Capt. Jeff Davis told reporters at the Pentagon on Monday.
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SyriaObama directs Pentagon to target al-Qaeda affiliate in Syria, one of the most formidable forces fighting Assad
President Obama has ordered the Pentagon to find and kill the leaders of an al-Qaeda-linked group in Syria that the administration had largely ignored until now and that has been at the vanguard of the fight against the Syrian government, U.S. officials said.
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PentagonTrump’s Team Has Yet to Reach Out to the Pentagon, But Rumors Fly Over the Next SecDef
The transition team for President-elect Donald Trump has yet to reach out to the Pentagon to start managing the transfer of power following his surprise Election Day victory, though two defense officials told Foreign Policy they expect the first meetings as early as next week.
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Military SpendingPentagon Set to Ask Congress for $6 Billion in Additional Funds
The Pentagon will request about $6 billion more for the current fiscal year to pay for troop increases in Iraq, a slower draw-down of troops from Afghanistan and more intense air operations, according to Pentagon Comptroller Mike McCord.
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SyriaPentagon: Raqqah operation to begin in weeks
The US-led anti-Daesh coalition plans to launch operations within weeks to isolate the Syrian city of Raqqah as an offensive in Mosul, Iraq, continues, the Pentagon said today.
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War in YemenPentagon voices caution on latest Yemen missile incident
The Pentagon declined to say on Monday whether the USS Mason destroyer was targeted by multiple inbound missiles fired from Yemen on Saturday, as initially thought, saying a review was under way to determine what happened.
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Drone DefensePentagon Urgently Pushing Anti-Drone Tech to ISIS Fight
The U.S. military has been pushing anti-drone tech to U.S. forces in the region with “a sense of urgency,” Lt. Gen. Michael Shields, the director of Joint Improvised Threat-Defeat Organization, or JIDO, told reporters on Wednesday.
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IraqPentagon says fierce Iraq-Turkey feud won’t hinder key Islamic State battle
An ugly public feud between two key U.S. allies in the fight against the Islamic State will not affect plans for recapturing a key city from the group, a Pentagon spokesman said Wednesday.
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