The adoption of more stringent fuel economy standards represents a pivotal pathway toward achieving net zero emissions in the transportation sector. By steadily increasing the fuel efficiency of vehicles, this approach drives a gradual but consistent decline in emissions. When coupled with the simultaneous integration of electric and alternative fuel vehicles into the market, the goal of net zero emissions becomes increasingly feasible.
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Recent stories from sustg
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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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Saudi Arabia rises on Expat Insider 2024 rankings
- July 12,2024
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- SUSTG Team
For its 11th edition of the Expat Insider survey, InterNations surveyed 12,500 expats representing 175 nationalities living in 174 countries or territories on their thoughts on what it’s like to live and work abroad.
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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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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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The Impact of Healthcare Investments on Saudi Arabia’s economy
- July 9,2024
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- SUSTG Team
The Observer Research Foundation, a leading think tank based in India, examined Saudi Arabia’s spending and strategy with regard to improving health care for its citizens.
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Dollar-priced oil ending? What’s the story?
- July 8,2024
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- SUSTG Team
A claim emerged in Chinese-language social media posts in June that Saudi Arabia terminated a 50-year formal agreement with the United States to conduct oil transactions in U.S. dollars, under a deal called the “petrodollar agreement.”
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Saudi Arabia grants citizenship to 2nd group of distinguished global talents
- July 5,2024
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- SUSTG Team
A Royal decree has been issued to grant Saudi citizenship to a number of scientists, medical doctors, researchers, innovators, entrepreneurs, and distinguished talents with unique expertise and specializations including Dr. Mehmood Khan, an American and the CEO of the Hevolution Foundation, the Saudi Press Agency reported on Thursday.
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Esports World Cup is Underway in Riyadh
- July 3,2024
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- SUSTG Team
The Esports World Cup Foundation celebrated the start of the Esports World Cup , the world’s largest gaming festival, held at Boulevard City in Riyadh, Saudi Arabia. The event runs for eight weeks, from July 3 – August 25 with more than 1,500 players from the best esports clubs across the globe competing for prizes in 22 tournaments across 21 games.
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Aramco’s strategic gas expansion progresses with $25bn contract awards
- July 1,2024
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- SUSTG Team
Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030, compared to 2021 levels. The contracts relate to phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System, new gas rigs […]
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Saudi Green Lights Three Solar Projects Totaling 5.5 GW
- June 28,2024
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- SUSTG Team
The Saudi Power Procurement Company signed power purchase agreements for solar projects with a combined capacity of 5.5GW. The projects include the Haden solar PV plant (2GW), the Al-Muwaih Solar PV plant (2GW) in the Mecca Province, and the Al-Khushaybi PV project (1.5GW) in the Qassim Province.
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MUST-READS
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King Salman Charter for Architecture and Urbanism Award Announces 2024 Winners in Saudi Arabia
The King Salman Charter for Architecture and Urbanism Award has just announced the winners for 2024. Recognizing outstanding achievements in architecture and urbanism in Saudi Arabia, The King Salman Charter for Architecture and Urbanism Award is an initiative designed to celebrate projects that are aligned with the values of the King Salman Charter in Saudi Arabia. This year, since projects were honored with the award from three categories: built projects, unbuilt projects, and student projects.
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How Middle East professionals are making bold career moves to boost earnings
Forty-four per cent of regional employees are considering changing employers within the next 12 months, a significant increase compared to the global average of 28 per cent, according to the Middle East Workforce Hopes and Fears Survey 2024 by recruitment agency TASC Outsourcing.
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Commentary: The Saudi Crown Prince is Talking About An Assassination. His Own.
“The way he put it was, ‘Saudis care very deeply about this, and the street throughout the Middle East cares deeply about this, and my tenure as the keeper of the holy sites of Islam will not be secure if I don’t address what is the most pressing issue of justice in our region,’” said one of the people with knowledge of conversations MBS has had with regional and American leaders.
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Record-breaking Intersec Saudi Arabia sold out
Intersec Saudi Arabia, the country’s leading trade fair for security, safety and fire protection, has officially sold out two months ahead of the exhibition start date. A record number of 300 exhibitors, representing a 25% increase on last year’s number, and more than 17,000 visitors are expected to attend.
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Saudi Arabia to continue bearing fees of expatriates working in industrial sector until end of 2025
The Cabinet decision comes in the wake of the expiry of the five-year waiving of expatriate fee for industrial workers. During 2019, the Saudi government, under a drive for job creation, had imposed fees on expatriate workers to encourage hiring of Saudis. However, the government waived fees on expatriate workers employed in the industrial sector for five years effective from Oct. 1, 2019. That decision was taken as part of the short-term urgent solutions to stimulate industrial investments in order to achieve the goals of the Kingdom’s Vision 2030.
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Saudi Arabia’s King Abdulaziz Port enhances connectivity with new shipping service
Saudi Arabia’s King Abdulaziz Port in Dammam is set to enhance its maritime links with key ports in India and China with the introduction of a new shipping service. The General Authority for Ports, also known as Mawani, announced the launch of the “Milaha Gulf Express 2,” or 2-MGX service, operated by Qatari navigation company Milaha.
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Driving Reductions in Emissions: Unlocking the Potential of Fuel Economy Targets in Saudi Arabia
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Oracle’s second cloud region in Saudi Arabia to help kingdom harness AI’s full potential
Oracle has opened its second cloud region in Saudi Arabia, giving a boost to Riyadh's digital transformation strategy, as it aims to help the kingdom's economy harness the full potential of artificial intelligence. The move, part of a $1.5 billion investment commitment announced by the US technology company in the Arab world's biggest economy, will help public and private organisations migrate to the cloud, Texas-based Oracle told The National on Tuesday.
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Groundbreaking Saudi-Turkish Road Comedy ‘My Treat’ to Be Produced by Front Row Productions, Alamiya Filmed Entertainment
Dubai-based Front Row Productions and new Saudi production company Alamiya Filmed Entertainment have teamed on “My Treat” (“Mahmool Makfool”), a Saudi-Turkish road-trip comedy about the misadventures of three young Saudi women who are big fans of Turkish soaps.
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Saudi Cabinet session praises Kingdom’s 2034 FIFA World Cup bid
The Saudi Cabinet on Tuesday praised the submission of Saudi Arabia’s bid to host the 2034 World Cup, Saudi Press Agency reported. In a session chaired by Crown Prince Mohammed bin Salman, the Cabinet said the hosting of the World Cup would show the Kingdom’s determination to present an exceptional version of the major sporting event. The bid was submitted to FIFA officials in Paris on Monday by a delegation headed by the Saudi minister of sports, Abdulaziz bin Turki bin Faisal, and President of the Saudi Football Federation Yasser Al-Misehal.
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