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Recent stories from sustg
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The 966, Episode #132, The Many Impacts of The Gaza War with Stefanie Ali, Senior Director, Rice, Hadley, Gates and Manuel LLC
- June 26,2024
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- SUSTG Team
The 966 welcomes Stefanie Hausheer Ali, Senior Director at international affairs consulting firm Rice, Hadley, Gates & Manuel LLC, to get her informed perspective on the impact of the Gaza war with particular reference to the damage it has done to the U.S. reputation and U.S. corporate brands.
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Wamda’s Tawaref Series Provides Blueprint for Expanding in KSA
- May 13,2024
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- SUSTG Team
Wamda has partnered up with Tawaref, a Saudi Arabia-based tech investment community that also provides startup advisory, legal consultancy and due diligence support, to publish a series of articles to help entrepreneurs navigate the Saudi market.
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ACWA Power Inks Deal for $4bn Green Hydrogen-Based Ammonia Plant in Egypt, $800m Power Purchase Agreement for South African Hybrid Renewable Project
- December 20,2023
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- SUSTG Team
Saudi renewables developer ACWA Power has signed two new large deals as it expands its renewables and green projects across the region.
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Israeli Minister Speaks Publicly for the First Time in Saudi Arabia’s Capital Riyadh – Report
- October 5,2023
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- SUSTG Team
An Israeli minister spoke publicly for the first time in Saudi Arabia’s capital Riyadh about “blossoming ties” between the two countries, the latest sign the duo are inching toward normalizing relations – and even thanked the two leaders, mentioning first the Kingdom of Saudi Arabia.
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MSCI Emerging Markets Index – Saudi Equities Five Years After Inclusion
- June 25,2024
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- SUSTG Team
Since May 2019, the MSCI Saudi Arabia and MSCI Tadawul 30 Indexes and the MSCI Saudi Arabia Investable Market Index (IMI) have outperformed the MSCI Emerging Markets IMI. Also, Saudi Arabia’s equity market has expanded to offer investors more-diversified sector exposures.
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Johnson Controls Arabia Announces Export of 300 Saudi-Made Scroll Chillers to the United States from KAEC Manufacturing Plant
- May 9,2024
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- SUSTG Team
Johnson Controls Arabia (JCA) hosted an export milestone event at its YORK Manufacturing Complex at the King Abdullah Economic City (KAEC) to mark the company’s latest export achievement of more than 300 Saudi-made YORK Scroll Chillers to the American market during this year, with a total market value of 100 million Riyals in the initial phase, the […]
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Prince Alwaleed bin Talal-Backed Flynas Taps Morgan Stanley, Goldman for IPO
- December 21,2023
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- SUSTG Team
Saudi Arabia’s Flynas, backed by billionaire Prince Alwaleed Bin Talal, has hired Goldman Sachs Group Inc., Morgan Stanley and Saudi Fransi Capital for a potential initial public offering in Riyadh, according to a report in Bloomberg.
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Saudi Arabia’s Tourism Effort Paying Off as Sector Sees 58% Growth in 2023 — Report
- October 4,2023
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- SUSTG Team
Saudi Arabia has been ranked second globally in terms of tourist arrivals during the first seven months of 2023, the Saudi Press Agency reported on Tuesday.
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Saudi-US Trade and Investment Framework Agreement (TIFA) Council Meetings Underway
- June 24,2024
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- SUSTG Team
The General Authority of Foreign Trade (GAFT) which is part of the Saudi Ministry of Commerce is leading Saudi Arabia’s delegation at the eighth meeting of the Saudi-US Trade and Investment Framework Agreement (TIFA) Council, held between June 23 and 28, 2024, in Washington, DC.
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Saudi Aramco Expects to Pay Full Dividends Despite Lower Earnings – Report
- May 8,2024
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- SUSTG Team
Saudi Arabia’s Aramco said it expects to pay full dividends to its shareholders, including the Public Investment Fund of Saudi Arabia, “despite reporting lower earnings for the first quarter on Tuesday, hit by lower oil prices and volumes sold,” Reuters reports.
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MUST-READS
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Renewable EnergySaudi Arabia To Offer More Than 1 Gigawatt Of Solar & Wind In Second Tender Round
Speaking at the Bloomberg New Energy Finance conference in New York on Monday, Saudi Arabia’s Turki al-Shehri, head of renewable energy project development at the Ministry of Energy, Industry and Mineral Resources, announced that the country will auction power purchase agreements (PPAs) worth 620 megawatts (MW) for solar PV and 400 MW for wind farms in its second round of tenders by the end of this year.
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Solar ProgramSaudi Arabia Sees 7,000 Jobs Coming From Solar Program by 2020
Saudi Arabia is hoping its solar-power program will generate 7,000 jobs and build a local manufacturing industry that can export products to the world, reducing domestic demand for its crude oil in the process.
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ACWA PowerACWA Power Will Bid to Build Saudi Arabian Solar Energy Project
ACWA Power International will bid to build a solar energy project in Saudi Arabia, part of the kingdom’s $50 billion push to temper domestic oil use.
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Renewable EnergySaudis Seek 30 Solar, Wind Projects in $50 Billion Pledge
The world’s biggest exporter of crude oil will produce 10 percent of its power from renewables by 2023, Energy Minister Khalid Al-Falih said Monday at a conference in Riyadh. It also plans to generate electricity from nuclear plants.
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Renewable EnergyWorld’s biggest oil exporter Saudi starts hunt for solar and wind firms
The world's biggest oil exporter on Monday took the first step toward a goal of generating 9.5 gigawatts (GW) of energy through solar and other renewable means.
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Renewable EnergySaudi warms to solar to boost oil exports
Starting this year, Saudi Arabia plans to develop almost 10 gigawatts of renewable energy by 2023, starting with wind and solar plants in its vast north-western desert. The effort could replace the equivalent of 80,000 barrels of oil a day now burned for power.
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Solar EnergySaudi solar energy market in ‘big demand’
“The projects that will flow from Saudi Arabia’s renewable energy plan create a landmark opportunity for technology manufacturers, developers and investors in solar energy, setting out a very real, very achievable ambition,”
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Solar EnergySaudi Vision 2030 Gives Boost to Solar Energy Investors
Saudi Arabia’s plans are being supported by a comprehensive restructuring of government departments responsible for energy.
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Solar EnergySaudi Solar Energy: Omar Alluhaydan’s GTek Drives Renewables Revolution
The 27-year-old founder of Green Technology, the first solar panel maker in the kingdom, is convinced that he can help Saudi Arabia dramatically reduce its dependence on oil by investing in renewable energy.
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Solar in SaudiSolar Frontier Plans Solar Module Manufacturing Unit In Saudi Arabia
Japanese Thin-film module manufacturer, Solar Frontier has signed a memorandum of understanding (MoU) with oil company Saudi Aramco and the Saudi Arabian National Industrial Cluster Development Programme to undertake a joint study into the possibility of CIS solar panel production in Saudi Arabia for future solar farms.
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