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Recent stories from sustg
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U.S. Exports to the Arab World Jump By 12% to $65.3 Billion
- July 26,2024
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- SUSTG Team
The National U.S.–Arab Chamber of Commerce (NUSACC) reported that, according to data released last month by the U.S. Census Bureau, U.S. goods exports to the Arab world jumped 12 percent to $65.3 billion in 2023.
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IMG expands partnership with Saudi Pro League and Saudi Arabian Football Federation
- July 25,2024
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- SUSTG Team
The Saudi Pro League (SPL) and Saudi Arabian Football Federation (SAFF) have announced a new five-year production partnership with IMG, a global sports, events, and representation company, for the Roshn Saudi League (RSL), King’s Cup, and Saudi Super Cup, starting from the 2024-25 season.
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Saudi Arabia combats desertification while also reforesting coasts
- July 24,2024
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- SUSTG Team
The National Center for Vegetation Cover Development and Combating Desertification (NCVC) of Saudi Arabia was established in 2014 by the Council of Ministers to manage and invest in the country’s vegetation cover and combat desertification.
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GCC Population grows 7.3% to 57.6 million
- July 23,2024
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- SUSTG Team
According to recent statistics released by the GCC Statistical Centre, the total population of the Gulf Cooperation Council (GCC) countries witnessed a significant increase of 7.3% in 2023 compared to 2021, reaching 57.6 million.
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With transfer season underway Saudi Professional League evolves strategy
- July 22,2024
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- SUSTG Team
The SPL has shifted from last year’s extensive talent acquisition—where 97 players were signed—to a more strategic approach this season. The Saudi transfer window opened on July 18 and will close on September 2, aligning with European leagues. This change indicates a focus on filling specific gaps and enhancing overall team quality rather than a […]
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KSA sets air traffic records
- July 19,2024
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- SUSTG Team
Saudi Arabia has witnessed remarkable growth in its air traffic during the first half of 2024, according to the General Authority of Civil Aviation (GACA). The Kingdom has reported a significant growth in passenger traffic, flights, air cargo, and connectivity.
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Aquaculture in KSA
- July 18,2024
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- SUSTG Team
Saudi Arabia’s aquaculture sector has witnessed remarkable growth in recent years, with production increasing by 400% between 2015 and 2022. This rapid expansion can be attributed, in part, to a concerted effort from public and private stakeholders to bolster food security in the region, improve economic diversification, and reduce overreliance on food imports.
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NASA Signs US, Saudi Arabia Agreement for Civil Aeronautics, Space Collaboration
- July 17,2024
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- admin
The United States and Saudi Arabia signed a framework agreement that opens new possibilities for cooperation with NASA in areas such as space science, exploration, aeronautics, space operations, education, and Earth science. NASA Administrator Bill Nelson signed on behalf of the U.S., and CEO of the Saudi Space Agency Mohammed bin Saud Al-Tamimi signed on behalf […]
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World Bank Lauds KSA for Breakthrough Pension Reforms
- July 16,2024
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- SUSTG Team
Saudi Arabia took a big leap forward in transforming its pension system with the recent announcement of comprehensive reforms, designed with support from the World Bank, aimed at enhancing income protection during old-age, but also promoting gender equality.
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Buy Now, Pay Later (BNPL) services on the rise in Saudi Arabia
- July 15,2024
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- SUSTG Team
In a recent study, Redseer Strategy Consultants shared that the use of Buy Now, Pay Later (BNPL) services is on the rise in the Middle East. The UAE and Saudi Arabia outscored their regional peers.
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MUST-READS
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Saudi Arabia Participates in G7 Ministerial Meeting in Italy on Global Health Issues
The Kingdom of Saudi Arabia has participated in the G7 Health Ministers' Meeting held in Ancona, Italy, following an invitation from the Group of Seven (G7). The meeting focused on several pressing global health issues, including antimicrobial resistance (AMR), the impact of climate change on health, and efforts to prolong human life, all aimed at strengthening international collaboration to tackle these critical challenges.
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Saudi Arabia hosts Regional Trade Policy Course for Middle East participants
Saudi Arabia, represented by the General Authority of Foreign Trade, is hosting the Regional Trade Policy Course for Middle Eastern countries. Organised in collaboration with the World Trade Organization and King Saud University, the course will run from October 13 to December 5. The eight-week course is designed for government officials from Middle Eastern countries to exchange information, expertise, and enhance communication. It focuses on deepening participants' understanding of the economic and legal aspects of World Trade Organization rules, controls, and procedures.
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How Saudi Arabia is partnering with Denmark in sustainable wastewater management
Denmark’s approach to water sustainability relies on innovative technologies that reduce water wastage while conserving energy and resources. Danish engineering firms like Grundfos are making an impact in Saudi Arabia by introducing solar-powered pumping systems to supply water to remote and off-grid areas where access to electricity may be limited. According to Morten Riis, the company’s group senior director, their water solutions target not only groundwater and rivers but also focus on reducing water loss and optimizing energy consumption in the process.
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Saudi Arabia launches e-karting racing tracks in 6 cities
Six cities in Saudi Arabia are set to get Hot Wheels e-karting racing tracks. The indoor e-karts will be a venture between Saudi Entertainment Ventures (Seven), part of Qiddiya Investment Company (QIC), and US toy maker Mattel. The Hot Wheels e-karting will be available in entertainment complexes such as Riyadh, Makkah, Taif, Al Madinah, Tabuk, and Jazan. In January, Seven and London-headquartered Formula E announced the building of four Formula E-branded indoor karting venues across the kingdom. These will come up in Riyadh, Jeddah, Dammam and Abha.
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Saudi Arabia condemns Israel’s decision to seize UNRWA headquarters land in Jerusalem
The Saudi Ministry of Foreign Affairs has strongly condemned the Israeli occupation authorities’ decision to confiscate the land on which the headquarters of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) is located in occupied Jerusalem, with the intent to transform it into a settlement outpost.
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How Nasrallah’s departure will impact Iraq
The departure of Hezbollah's Secretary-General Hassan Nasrallah has sent shockwaves throughout the region, especially as his pivotal role within the ‘resistance’ movement is expected to have a lasting impact. The absence of a towering figure such as Nasrallah is particularly significant for Iraq, where dozens of Shiite armed groups—many of which are now part of the government—are closely linked to the broader ‘resistance’ network that the late Lebanese cleric and politician influenced.
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Saudi naval forces participate in Medusa 13 joint naval-air exercise in Greece
The Royal Saudi Naval Forces took part on Sunday in a joint naval-air exercise called Medusa 13, being held in Greece. The exercise includes naval and air forces from Greece, Egypt, France, and Cyprus, alongside Saudi Arabia, and aims to strengthen international military cooperation and enhance naval security, Saudi Press Agency reported.
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Saudi Company for Artificial Intelligence partners with Elm for Al in public sector
Established in 2021, SCAI is a PIF-owned company that was founded with the aim to positioning KSA as a global AI leader. The company builds AI applications, including in areas such as smart cities, healthcare, public transport, and sustainability. Together with Elm, one of Saudi Arabia’s leading IT consulting and technology companies, SCAI will develop AI use cases in the public sector, and develop prototypes and applications using Al technologies. Elm’s consulting business meanwhile will provide strategic advisory services to SCAI and to the Al offices of public sector institutions that are part of SCAI’s network.
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KPMG adds eight company members to Saudi partnership team
Commenting on the career milestone for the eight individuals, Abdullah Hamad Al Fozan, CEO of KPMG Middle East, said: “Congratulations to Ajay, Gary, Omar, Hany, Haytham, Mohammad, Mohannad, and Muhanad on their well-deserved promotions. Their dedication and strategic vision have been instrumental in our firm’s success. We are excited about their future contributions and confident that they will continue to drive transformative results for our clients.” In Saudi Arabia, KPMG has offices in Al Khobar, Jeddah, and Riyadh.
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The crazy Saudi Pro League top scorers chart of 2024-25: Ronaldo, Benzema…
Former Manchester United, Real Madrid and Celtic stars are among the Saudi Pro League top scorers of the 2024-25 season so far. Following a few years of heavy investment, the Saudi Pro League is now packed with superstars and several of them manage to make their way onto this list.
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