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Recent stories from sustg
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MasterCard’s Maria Medvedeva joins The 966 to talk payments, fintech and more; plus more on Leyja at Neom
- November 3,2023
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- SUSTG Team
In Episode 110, Maria Medvedeva, Vice President, Saudi Arabia and Bahrain for MasterCard joins to discuss the company’s KSA strategy, fintech, payments, innovation, and her experiences living and working in a changing and evolving Saudi Arabia. Maria, based in Riyadh with her family, is responsible for Mastercard’s growth strategy and delivering innovative payment experiences for […]
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Saudi Pro League Clubs to Play in Iran After Travel Ban Lifted
- September 5,2023
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- SUSTG Team
Saudi Pro League clubs will travel to Iran to feature in the Asian Champions League after the Asian Football Confederation on Monday said games between teams from the two nations would be played on a home-and-away basis for the first time since 2016, according to a report in Reuters.
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“The Clean Hydrogen Economy and Saudi Arabia”: A Roadmap to Energy Leadership
- May 21,2024
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- SUSTG Team
Faculty and researchers from King Abdullah University of Science and Technology (KAUST) and King Abdullah Petroleum Studies & Research Center (KAPSARC) have unveiled a new publication: “The Clean Hydrogen Economy and Saudi Arabia.”
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MBS’ True Legacy
- April 10,2024
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- SUSTG Team
Writing in Al-Arabiya, Richard Wilson, SUSTG president and The 966 Co-host, points out the fundamental (rather than flashy) changes that represent Crown Prince Mohammed Bin Salman’s true legacy.
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Report: Saudis Resume US Defense Talks After Pause From Israel-Hamas War
- January 31,2024
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- SUSTG Team
Saudi Arabia has resumed talks with the US about forging closer defense ties after a pause following the start of the Israel-Hamas war in early October, according to people familiar with the discussions, Bloomberg reports.
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Saudi Arabia Eyes Stake in $30 Billion Indian Cricket League – Report
- November 6,2023
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- SUSTG Team
Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), international cricket’s most lucrative event, Bloomberg reports.
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Saudi Arabia Said to Weigh Investing in ‘Made in Italy’ Fund; Italy’s Eni and ACWA Power Sign Green Hydrogen Deal
- September 4,2023
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- SUSTG Team
Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome’s new strategic fund, Italy’s Industry Minister Adolfo Urso said on Monday, as the two signed a deal to forge closer economic relations, particularly in energy, Reuters reports. The “Made in Italy” fund was approved in May and will have an initial endowment of […]
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Aramco launches first quantum computer in Saudi Arabia
- May 20,2024
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- SUSTG Team
Aramco has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in Saudi Arabia.
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U.S. Ambassador Michael Ratney joins The 966 for a truly informative Episode #127
- April 9,2024
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- SUSTG Team
U.S. Ambassador Michael Ratney shares his insights with The 966 in a wide-ranging conversation with Richard Wilson. Just over one year in his position, Amb. Ratney offers his perspective on change in Saudi Arabia and an evolving U.S.-Saudi relationship.
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Saudi Arabia’s non-oil sector grew 4.6 percent in 2023 – Reports
- February 1,2024
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- SUSTG Team
Saudi Arabia’s non-oil sector grew at a strong rate, a positive sign for the Saudi government’s Vision 2030 economic and social reform drive that puts diversification of the economy away from oil as a top goal.
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MUST-READS
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Meet the first women to work long-term offshore in Saudi Arabia
For Cayasa, this opportunity provided a new perspective on her work at McDermott. “The experience was incredible,” she says. “It changed my perspective about the offshore work environment. I understood the bigger picture of how the structures we fabricate in the Jebel Ali Yard become a live offshore platform.”
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Saudi fund gives women travel expense increase for daily commute
The Saudi Human Resources Development Fund (HADAF) raised the financial support offered by the "Wusool" program to SR1100 monthly ($293) from SR800 for those earning SR6000 or less, Al Eqtisadiah newspaper reported. The grant covers up to 80 percent of commute costs.
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US Mission to Saudi Arabia announces new women’s entrepreneurship program in partnership with Atlantic Council, AmCham Saudi Arabia, and Quantum Leaps
Strong explained that “our companies view these partnerships as their own paths to success,” citing UPS’s Women Exporters Program with the General Authority for Small and Medium Enterprises (Monshaat), ExxonMobil’s Global Women in Management Program with the King Khalid Foundation, Lockheed Martin’s investment in STEM education programs in Saudi Arabia, and the PepsiCo Foundation’s Tamakani accelerator with INJAZ Al-Arab as examples.
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New initiative aims to connect Saudi women with US business leaders
The project aims to provide women in the Kingdom with resources to help them pursue careers as CEOs, investors and startup owners, so that they can contribute to job creation and positive economic change. “Ignite will bring together Saudi women with American entrepreneurs and business leaders in a series of workshops and networking events to build relationships, share knowledge and develop partnership opportunities,” Strong said.
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HSBC’s Saudi Unit Hires Aldossary as Women Make Inroads in Gulf
HSBC Holdings Plc’s Saudi Arabia unit has hired Muneera Aldossary as chief investment officer, according to people familiar with the matter, the latest sign that more women are rising to senior roles in the kingdom’s financial industry. Aldossary previously worked as chief executive officer of Mulkia Investment Co., a local asset manager, and prior to that was head of equity investments for Saudi Fransi Capital. HSBC Saudi Arabia declined to comment.
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Saudi women lead the charge in growing SME sector
Saudi women were known to own their businesses long before the social reforms took place, but the trend has grown extensively as changes pushed many into the business world, diversifying the market, their source of income, and contributing to the Kingdom’s gross domestic product. The global trend of women in business is important, helping them to be self-dependent, play a prosperous role in their community, and raise employment rates. Governments have encouraged women by ensuring there are laws to protect them and their businesses, with the private sector also furthering the transformation.
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Women’s History Month: A Look At The Saudi Women Who Are Dominating The Skies
Every March marks Women’s History Month, a time when we step back to acknowledge and honor the countless women who have made history through their achievements and boundary-breaking presence, and those who are still today redefining our world one triumph at a time. As part of celebrating this month, we are looking at two Saudi women who literally aimed for the sky to make their mark as the Kingdom’s first female pilots.
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Thoraya Obaid: a pioneering role model for young Saudi women
“I often jokingly call myself ‘the dinosaur in the room’ because I belong to the pre-oil generation that experienced a very different context, which opened the public space for women gradually but surely,” Obaid said.
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Saudi Truck Manufacturer Employs Women on the Assembly Line
According to the International Labor Organization, women represented just 15.8 percent of the workforce in Saudi Arabia in 2019, the fifth lowest percentage in the world. In comparison, women represent 46.2 percent of the workforce in the U.S. and 38.9 percent of the workforce worldwide.
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New era for Saudi Arabia women’s football
The country's inaugural women’s championship, the Women's Community Football League, was launched in November 2020 after a coronavirus-related postponement. Twenty-four teams from Riyadh, Jeddah and Dammam (featuring players aged 17 and above) battled it out for the maiden title, ultimately claimed by Challenge Riyadh.
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