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Recent stories from sustg
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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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Women in Finance: Saudi Arabia Looks to Embrace a More Inclusive Future
Unfortunately, there were very few women who I could look up to as mentors during the initial years in my career. During my first four and a half years at Jadwa, I was the only woman at the company. However, by the time I joined SNB Capital in 2014, many more women had joined the Saudi workforce.
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Saudi Arabian Football Federation To Launch Women’s League
The Saudi Arabian Football Federation on Thursday announced that it will establish its first official women’s football league as part of wide-ranging strategic plan for the sport, titled “Our Tactics for Tomorrow.” SAFF President Yasser bin Hassan Al-Misehal said: “We have many ambitious goals in the upcoming years to promote women’s soccer through the launch of the first edition of the league for teams, whose players will form the first women’s national team.”
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Saudi women drivers up by 500% in ride-hailing applications in 2021
Saleh Al-Zuwaid, spokesman of the Public Transport Authority, said on Monday that the number of Saudi women drivers has shot up by over 500 percent from 600 to 3,900 drivers working in the ride-hailing applications during the year 2021.
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First batch of Saudi women soldiers graduate
It is noteworthy that Saudi Arabia opened its Armed Forces sector to women with allowing both genders to sign up through launching a unified admission portal in February this year. Military ranks from soldier to sergeant are available for women in the Saudi Arabia Army, Royal Saudi Air Defense, Royal Saudi Navy, Royal Saudi Strategic Missile Force and the Armed Forces Medical Services. Saudi women between the ages of 21 and 40 are allowed to apply for these posts.
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SheWorks: The First Co-Working Space For Women in Saudi Arabia
According to AboutHer.com, SheWorks provides desks, office spaces, and conference rooms, offering start-up business consultation and governmental services to its clients, with workshops and classes to help “empower and educate female entrepreneurs.” The space also includes a meeting room that allows men to attend.
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How the UAE and Saudi Arabia are expanding the representation of women in the workplace
More female employees are joining workplaces and boardrooms in the UAE and Saudi Arabia, with gender equality a key target of a regional drive to improve environmental, social and governance (ESG) standards. While measurable progress has been achieved in recent years, there is room for further improvement in order to consolidate these changes into a lasting and broad-based transformation.
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Saudi women on the rise but gender gap remains
Recent research by Alnahda Society, a Saudi nonprofit organization dedicated to the empowerment of women, found gender gaps not only in workforce participation but also in career development and compensation, with Saudi women earning just SR57 for every SR100 earned by Saudi men, even after adjusting for differences in education levels and experience. This means that on average, Saudi men earn 43 percent more than women with similar education and experience. Overall, Saudi women have higher levels of education compared with Saudi men, but the men have more work experience.
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Saudi women appointed to top roles at Presidency of the Two Holy Mosques for first time
Sheikh Abdulrahman Al-Sudais, the organization’s president, appointed Dr. Al-Anoud Al-Aboud and Dr. Fatima Al-Rashoud as assistants to his office on Sunday, as part of a raft of administrative changes.
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‘Saudization move in malls will create 15,000 jobs for Saudi men and women’
He pointed out that the professions and trades exempted from the decision of localization include specific professions, which are cleaning, shipment, unloading and barber shops, in addition to some technical professions such as maintenance of toys.
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Princess Reema shares her pride for Saudi women at the Olympics
“So very proud of Yasmeen Aldabbagh & Tahani Al-Gahtani for their representation of Saudi women in the ultimate field of sports: The Olympics,” she said, also adding they were already ready to head to the next Games in 2024.
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