SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Saudi-Backed Esports Firm to Run New ‘Overwatch’ Competitions

    ESL will operate the Overwatch Champions Series in North America, Europe, the Middle East and Africa starting in February. A Korean esports company, WDG, will run a circuit in Asia, where many professional Overwatch players live. A new “open” format will allow high-level players to compete regardless of whether they are amateur or professional. The series replaces the Overwatch League, an attempt by Activision Blizzard, now owned by Microsoft, to run city-based teams where fans could cheer their local franchises much as they do with football or baseball. After the league failed to live up to its ambitions, Activision Blizzard offered team owners $6 million each to exit — or $114 million.

  • Saudi’s Boutique Group to transform Jeddah’s Al Hamra Palace into ultra-luxury hotel

    Boutique Group has partnered with the international architecture design firm, OBMI, and the renowned French interior designer Jacques Garcia for the transformation of historic and cultural palaces into ultra-luxury boutique hotels. The partnership includes Al Hamra Palace, originally built as a royal residence for King Faisal bin Abdulaziz. Found on Jeddah's corniche it was originally intended as a royal residence but, upon completion, it evolved into a royal hospitality palace hosting guests such as presidents of Arab and Islamic nations, as well as Richard Nixon, Diana Princess of Wales and King Charles the Third.

  • Schiattarella Associati’s digital art center in Saudi Arabia draws from Najdi architecture

    Schiattarella Associati has unveiled Diriyah Art Futures, a distinctive digital art ‘incubator’ in Saudi Arabia designed for exhibitions, education, and art production. Covering an area of 12,800 square meters, it is situated northwest of Riyadh, close to a significant historical and archaeological site in the Arabian Peninsula. The design approach of Schiattarella Associati emphasizes a connection with the surroundings, considering not only the physical characteristics of the context but also engaging with the cultural values and the memory of the location.

  • Asian Financial Forum: Hong Kong and Saudi Arabia agree to deepen collaboration between their financial markets on first day of annual event’s 17th edition

    A memorandum of understanding was signed between Saudi’s Financial Sector Development Program (FSDP) and Hong Kong’s Financial Services Development Council (FSDC). The FSDP was launched in 2018 with the aim of creating a diversified financial services sector in Saudi. The FSDC was founded in 2013 with the aim of further developing Hong Kong’s financial services industry. The agreement comes amid continuing efforts by the Hong Kong government over the past year to deepen financial ties with the Middle East.

  • SoftBank Veteran Entrusted With Saudi, UAE Billions Readies Second Act

    The Indian-born financier who helped open the floodgates to Middle Eastern wealth for Masayoshi Son’s $100 billion Vision Fund is attempting his second act. This time, he’s going solo. At SoftBank Group Corp.’s splashy tech vehicle, Rajeev Misra helped secure commitments worth $45 billion from Saudi Arabia’s Public Investment Fund and $15 billion from Abu Dhabi’s Mubadala Investment Co. Investments in high-flying startups ensued — Uber Technologies Inc. and WeWork Inc. among them — but many bets blew up as markets turned. Misra largely stepped back from that venture in 2022 after a tenure marred by internal clashes and investment writedowns.

  • Mourinho rejects Saudi move, weighs European offers

    José Mourinho has rejected an offer from Saudi Pro League club Al Shabab to become their new manager, a source has told ESPN. Domenico Tite, the club's sporting director, had talks with Jorge Mendes, Mourinho's agent, as soon as the Portuguese was sacked by AS Roma last week.

  • Israeli troops cut off Khan Younis after suffering worst Gaza loss

    Twenty-four Israeli soldiers were killed in Israel's worst day of losses in Gaza, the military said on Tuesday, as its forces encircled southern Gaza's main city, trapping Palestinian residents trying to flee.
    Spokesman Rear Admiral Daniel Hagari said 21 soldiers were killed when two buildings they had mined for demolition exploded after militants fired at a nearby tank. Earlier, three soldiers were reported killed in a separate attack in southern Gaza.

  • Turkey set to approve Sweden’s NATO membership bid after long delay

    Turkey's parliament is widely expected to approve Sweden's NATO membership bid on Tuesday, clearing the biggest remaining hurdle to expanding the Western military alliance after 20 months of delays.
    Turkey's general assembly, where President Tayyip Erdogan's ruling alliance holds a majority, is set to vote on the application that Sweden first made in 2022 following Russia's full-scale invasion of Ukraine.

  • Eid al-Fitr 2024: Students in Saudi Arabia to enjoy long vacation

    Students in Saudi Arabia will get to enjoy a long holiday this year to mark Eid al-Fitr, according to the education ministry’s academic calendar. The third academic semester will start on Sunday, March 3, and will end on Thursday, March 28, kicking off the Eid al-Fitr holiday.

  • Work permits and visas in Saudi Arabia: an employer’s guide

    Saudi Arabia is undergoing massive employment and digitization. It's phasing out of a sponsorship system and improving the overall employment ecosystem with modifications to the Labor Code and an ambitious Vision 2030.