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Saudi Arabia’s Non-Oil GDP Expected to Grow by 6% in 2023, Finance Minister Al-Jadaan Says at FII
- October 26,2023
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- SUSTG Team
Saudi Arabia’s Finance Minister Mohammed Al-Jadaan addressed Saudi Arabia’s economy and fiscal situation in 2023 and beyond during his speech at the FII in Riyadh, noting that Saudi Arabia’s non-oil gross domestic product (GDP) is expected to grow by around 6% this year and said it would continue to see similarly healthy growth in the years ahead.
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Inaugural AlUla World Archaeology Summit Kicks Off in Saudi Arabia with Leading Heritage Experts in Attendance
- September 13,2023
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- SUSTG Team
From Sept. 13 to 15, Saudi Arabia will host the inaugural AlUla World Archaeology Summit in the Kingdom, organized by the Royal Commission for AlUla and taking place in AlUla’s Maraya Concert Hall.
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The 966 Episode #130, What You Need to Know to Establish a Business in Saudi Arabia, with Saeed Al-Ansari, CEO, Tawaref
- June 2,2024
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- SUSTG Team
Saeed Al-Ansari, Founder and CEO of Tawaref, a Saudi Arabia-based tech investment community that also provides startup advisory, legal consultancy and due diligence support joins Richard Wilson on The 966 [Episode #130] for an exceptionally informative episode on what you need to know to establish a presence in KSA.
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Saudi Arabia Moves Closer to $1 Billion stake in a Pakistani mine – Report
- April 18,2024
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- SUSTG Team
Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold Corp., people with knowledge of the matter told Bloomberg.
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Saudi Real Estate Prices to Rise 25-40%, Premium Residency a Unique Opportunity – Al Rahji Executive
- January 23,2024
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- SUSTG Team
A Sales Director at Al Rajhi Investment Co. said real estate prices in Saudi Arabia are likely to rise by 25% to 40% in the coming period, Asharq News reported.
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The 966 talks with Mohammed Ghazi and Abdulhadi Azouz, the two guys behind Saudi Arabia’s hottest drone and aerial film production company
- October 27,2023
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- SUSTG Team
Chances are if you’ve seen any of the high-quality, professionally-produced promotional videos from Saudi government authorities or leading Saudi companies anywhere online, you’ve seen some incredible drone footage of Saudi Arabia. The 966 welcomes on to the program for Episode 109 Mohammed Ghazi and Abdulhadi Azouz from the aerial drone production company AZAerials, which films many of these amazing shots for high-profile […]
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Saudi Arabia’s Crown Prince Mohammed bin Salman Arrives in Oman after G20 Summit in India
- September 12,2023
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- SUSTG Team
Saudi Crown Prince Mohammed bin Salman arrived in Oman in a private visit after traveling to the G20 meeting in India, according to reports.
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Deals Flow at Third Annual Future Aviation Forum
- May 28,2024
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- SUSTG Team
Organized by Saudi Arabia’s General Authority of Civil Aviation (GACA), the third edition of the Future Aviation Forum, saw the signing of 102 MOUs, agreements and deals totaling over $21 billion along with numerous investment offers in the Saudi aviation sector valued at $100 billion.
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Saudi defense minister receives phone call from US counterpart; Kingdom denies role in shooting down Iranian attack
- April 16,2024
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- SUSTG Team
Saudi Minister of Defense Prince Khalid bin Salman received on Sunday a phone call from U.S. Secretary of Defense Lloyd Austin, according to reports.
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Saudi Arabia is Set to Open the Country’s First Liquor Store in Major Shift
- January 24,2024
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- SUSTG Team
Saudi Arabia is set to open the country’s first liquor store, catering exclusively to diplomats, breaking with decades of strict alcohol prohibition in the kingdom and creating a pathway for greater access to alcohol for non-Muslims in the near future, Reuters reports.
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MUST-READS
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Hajj: 2017Saudi Arabia Launches Digital Platforms to Give the Entire World a Window to View the Hajj
The Ministry of Culture and Information (MOCI) of Saudi Arabia has launched two digital platforms in the lead-up to the Hajj, which will provide information and insights to pilgrims in Makkah, worldwide audiences and local and international media.
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Saudi SchoolsSaudi schools to go digital by 2020
Saudi Arabia is planning to drop all print books from schools and replace them with digital books by 2020.
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Tech TrendsMiddle East’s digital makeup: Here are seven key findings on region’s tech trends
New research shows the shifts in mobile, the internet, and social media in the Middle East and North Africa.
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King Abdul Aziz Center for National DialogueSaudi Arabia’s King Abdul Aziz Center for National Dialogue plans to turn training programs digital
The aim of the training programs is to disseminate the culture of dialogue and the concepts of moderation, tolerance and acceptance of others.
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Digital EconomyAnalysis: Middle East on verge of massive digital disruption
To elaborate, the digital economy in the United States (US) contributed to 8 percent of the gross domestic product (GDP) in 2015, this percentage was six percent in Europe but barely exceeded 4 percent in the Middle East.
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TechnologySaudi tech start-ups to drive Digital Economy
Saudi tech start-ups will drive the Digital Economy over the next 15 years, and support job creation for technology talents, the Saudi Minister of Communications and Information Technology announced today at SAP’s first Start-up Focus event in the kingdom.
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Vision 2030Vision 2030 ‘to accelerate digital economy programs’
In the context of the drop in oil prices, which has caused a level of disruption and re-prioritization of development agendas in Saudi Arabia and across the GCC, there is a move on the part of regional governments to look at new models for national revenue through economic diversification planning.
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BankingGulf banks need to adapt to digital transformation reality
The situation in the region and even more in the Kingdom of Saudi Arabia is highly paradoxical. The region’s population is one of the most digital savvy across the globe, with the GCC ranking alongside nations with the highest penetration rate of mobile phones. Yet, banks are not providing the solutions customers want.
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DigitalDeloitte: Digital transformation key to organizations’ survival
According to Deloitte’s research , 56% of organizations in the Middle East are still considering the shift towards digital, but they have not implemented any tangible initiatives and actions geared towards the actual shift
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Taliban TechThe Taliban’s quest for a digital audience hits a hitch: its new app has “technical issues”
Tore Hamming, a militant Islamism researcher at the European University Institute, told The Guardian that the technological development is likely a reflection of the Taliban’s rivalry with ISIL, the terrorist group also known as ISIS or the Islamic State.
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