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Recent stories from sustg
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Bechtel Expands Partnerships to Develop Local Talent in Saudi with Agreements with Prince Sultan University, Saudi Women Engineering Society
- December 22,2023
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- SUSTG Team
US-headquartered Bechtel, a leading engineering, procurement, construction, and project management company, has rolled out two new local partnerships in Saudi Arabia as it expands its operational relationships and seeks to develop local talent in the Kingdom as it marks its 80th year doing business in KSA.
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PIF Announces Establishment of Al Balad Development Company (BDC) to become the main developer of Jeddah’s historic Al Balad District
- October 3,2023
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- SUSTG Team
The Public Investment Fund (PIF) announced the establishment of the Al Balad Development Company (BDC), which will become the main developer of Jeddah’s historic Al Balad district, “in line with the continuous efforts led by His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz to revitalize Historic Jeddah to transform Jeddah into an economic hub, […]
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Saudi 100 Brands stage Paris show
- June 21,2024
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- SUSTG Team
The Saudi 100 Brands is a dedicated program for Saudi fashion companies, brands and/or designers to receive specialized mentoring, training and consulting in the categories of bridal, couture, ready to wear, jewelry, bags, beauty, footwear and fragrance.
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Saudi Internet Penetration Reaches 99%
- May 7,2024
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- SUSTG Team
According to the “Internet Saudi Arabia” report for 2023, published by the Communications, Space, and Technology Commission, both men and women demonstrated high levels of internet usage, with rates of 99.3 percent and 98.5 percent respectively. The report also says that 52.3% of users spend more than seven hours online each day.
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2023 a Big-Spending Year for PIF as Kingdom’s Wealth Fund Accounts for Over One Quarter of All Sovereign Spending
- January 2,2024
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- SUSTG Team
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) spent more than any other last year, topping an annual ranking of sovereign investment fund spending compiled by consultancy Global SWF for the first time, according to reports.
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First Hydrogen Train in Middle East to Begin Trials Next Week, Saudi Energy Minister Says
- October 9,2023
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- SUSTG Team
Saudi Arabia’s Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East will begin trials next week, according to a report in Reuters.
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Discussing the Venture Capital ecosystem in Saudi Arabia and the MENA with investor Amjad Ahmad and much more…
- October 2,2023
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- SUSTG Team
In episode 105 of The 966, Amjad Ahmad, a leading venture capitalist and seasoned investment professional with extensive experience in VC and private equity in emerging markets, joins to discuss the VC ecosystem in Saudi Arabia, the MENA region, and globally today. In addition to over two decades of experience investing in the region, Amjad […]
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Fossil fuel use, emissions set new highs in 2023
- June 20,2024
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- SUSTG Team
The Energy Institute and co-authors KPMG and Kearney released the 73rd annual edition of the Statistical Review of World Energy, presenting the full global energy data picture for 2023.
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Saudi Car Market: Tops GCC, women purchase 30% of cars sold in 2023
- May 6,2024
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- SUSTG Team
In 2023, Saudi Arabia sold 729,466 cars, a 17% increase from the previous year. The Toyota Yaris was the best-selling car, accounting for 37% of the sales. Car sales are expected to surge to 870,000 this year.
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Saudi Non-Oil Business Activity Expands in December 2023, New Orders Rising at Fastest Pace in Six Months
- January 3,2024
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- SUSTG Team
Non-oil business activity in Saudi Arabia grew solidly in December with new orders rising at the fastest pace in six months, and the seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index stood at 57.5 in December ending 2023 well above the 50 mark signaling economic growth, Reuters reports. The data show a Saudi economy that is […]
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MUST-READS
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HajjPalestinian-Saudi team invents ‘smart’ solar umbrella for Mecca pilgrimage
The umbrella is marketed to Muslims making the journey to Mecca, is fitted with solar strips that power USB ports, fan and other gadgets that could help alleviate the heat.
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Solar Impulse-2 Over SaudiSaudi heatwave delays solar plane’s last flight to Abu Dhabi
The heatwave in Saudi Arabia and high temperature along the flight path from Cairo to Abu Dhabi have delayed the final leg of Solar Impulse-2, the first solar plane making round-the-world trip.
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Si2Solar Impulse gets green light to enter Saudi airspace
The General Authority of Civil Aviation (GACA) has granted permission to the solar-powered aircraft Solar Impulse 2 (Si2) to use Saudi airspace on a flight from Cairo to its final destination of Abu Dhabi.
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SolarThis Saudi Startup Has Developed A New System To Clean Solar Panels From Dust And Sand
Eitelhuber was part of the first wave of educators to staff the newly-opened King Abdullah University for Science and Technology (KAUST), near Jeddah.
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ACWA PowerSaudi Arabia’s Acwa Power Could Soon Be Bidding On Solar Energy Projects In The Kingdom
ACWA Power has been honing its expertise at delivering low cost solar energy projects since 2008. It develops, co-owns, and operates power production and water desalination plants in 12 countries in the Middle East, Africa, and Southeast Asia.
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Energy PolicyPerspective: Saudi Arabia Heads From Crude to Solar: Part II
There’s no shortage of evidence that Saudi Arabian energy efforts are soon to evolve.
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Solar EnergySolar costs to fall 59% by 2025; Saudi Arabia launches first tender
This is Saudi Arabia's first competitive global tender for utility-scale solar power projects and the designated sites are at Al-Jouf and Rafha.
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Solar EnergySaudi Arabia to Revive Its Solar Power Program at Smaller Scale
Saudi Arabia is seeking to revive its stalled solar-power program, scaling back more ambitious targets it set four years ago after making little headway in transforming the energy supply of the world’s biggest oil exporting nation.
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Saudi SolarBill Richardson: What Saudi Arabia’s Bet on Solar Power Means
But now, a new generation of Americans should reach out to the new generation of Saudis to renew the partnership that has done so much to promote security and stability in our dangerous world.
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SolarSolar and Saudi Arabia: Riyadh bows to the inevitable
In 2016, the Kingdom of Saudi Arabia has a major opportunity to develop a new industry, an opportunity that became something of an imperative in 2015.
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