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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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BahrainBahrain is sinking a Boeing 747 for an underwater theme park
What's the most extreme theme park in the world? There are quite a few that can be added to the list. Bahrain however, wants to top all of them. They're actually sinking a Boeing 747 airplane for a new underwater theme park. But to visit, you're definitely going to need a diving license.
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WaterSaudi Arabia turns up temperature on water reduction plans
Water rationalisation has been a high priority for the Saudi Arabian Government in recent years as it has repeatedly tried to address the stark imbalance of the country’s water consumption rates compared to its actual availability of resources.
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Maritime SecuritySaudi Arabia’s role in banishing piracy from regional waters
A decade ago, during the peak years of the Somali piracy crisis, the waters of the Arabian Gulf faced frequent threats from armed criminals at sea, who disrupted the economy by terrorizing shipping routes.
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Nile River BasinBridging the Gap in the Nile Waters Dispute
Ethiopia is moving ahead with construction of Africa’s largest dam, despite Egypt’s worry that it will reduce the downstream flow of the Nile, the source of around 90 per cent of its freshwater supply.
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WaterSaudi Arabia to slash water usage by 43% in next decade
audi Arabia, one of the world’s driest countries, has announced a national program for rationalising water consumption in the Kingdom. The program seeks an ambitious target that includes slashing usage by nearly 24% by next year and some 43% by the end of the next decade.
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WaterWho keeps buying California’s scarce water?
“Everyone wants to be working here,” Jim told me. Not only does the company employ more than 100 locals full-time – as compared with the part-time or seasonal labor found on most farms – and with 401ks, vacation and health insurance, but they also support local farmers by purchasing their alfalfa to add to their bales and ship overseas.
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WaterSaudi in fresh move to reduce water consumption
Saudi Arabia, one of the world’s driest countries, has announced a national programme for rationalising water consumption in the Kingdom. The programme sets ambitious targets that include slashing usage by nearly 24 per cent by next year and 43 per cent by the end of the next decade. The announcement came at the Saudi Water Forum 2019, held this week in Riyadh, and with World Water Day set for March 22.
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JordanDead seas: How a water crisis in Jordan could threaten Middle East peace
After several years of plunging rivers levels and rainfall, the Unesco-listed pilgrimage al-Maghtas site had not been properly filled with water since 2012. And so pilgrims dunk themselves in these waters which many fear are also disappearing too.
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WaterSaudi Arabia Revamps Water Security Plans
Saudi Arabia has stepped up its efforts to rationalize local water consumption, sustain and maintain water security, and provide high quality water supplies to consumers. This is perceived to contribute positively to economic development in the Kingdom and to embody a leap in materializing initiatives and programs presented by the National Water Strategy 2030.
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DesalinationWhy Making Seawater Drinkable Doesn’t Thrill Everyone
this modern-day alchemy is under scrutiny as critics question whether the benefits of desalination justify its potential harm to marine environments and contribution to global warming.
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