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Unemployment in Saudi Arabia Reaches Record Low with Women Driving the Change — Jadwa Investment
- April 18,2023
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- SUSTG Team
The unemployment rate in Saudi Arabia dropped to 8 percent at the end of 2022, down from 11 percent in 2021, with women driving that positive change, according to a recently-released report from Jadwa Investment, citing the General Authority for Statistics’ (GaStat) latest labor market release.
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Saudi Astronauts Meet with HRH Ambassador Reema bint Bandar; Set to Conduct Cloud-Seeding Experiments in Space
- March 22,2023
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- SUSTG Team
Two Saudi astronauts who are heading to the International Space Station met this week with HRH Princess Reema bint Bandar Al-Saud, Saudi Arabia’s Ambassador to the United States, who shared a photo of the meeting on social media.
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Saudi Economy in 2023 Report: Saudi Non-Oil Economy Forecasted to Grow Over 5% — Jadwa Investment
- February 28,2023
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- SUSTG Team
Riyadh-based Jadwa Investment says it sees Saudi Arabia’s non-oil economy continuing its growth streak through 2023, “growing well in excess of 5 percent,” according to a report issued by Jadwa.
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Saudi Arabia Sends their First Female Team to an International Tennis Federation (ITF) Event
- February 23,2023
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- SUSTG Team
This week saw another “first” for Saudi women and women’s sports in the Kingdom as the Saudi Arabia sent their first female team to an International Tennis Federation (ITF) event, Reuters reports.
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OPEC+ and the American uproar with Colby Connelly from Energy Intelligence, plus Riyadh Season’s big events and more…
- October 14,2022
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- SUSTG Team
Episode 62! Energy Intelligence’s Colby Connely joins The 966 to talk about oil markets, the big kerfuffle here in the United States caused by the OPEC+ decision, and some more on that hot topic. But first, the hosts discuss new statistics on Saudi Arabia’s population, Riyadh Season 2022, and then conclude as always with the […]
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Saudi Arabia Launches Astronaut Program with Plans for First Female Astronaut, SPA Says
- September 22,2022
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- SUSTG Team
Saudi Arabia has launched an astronaut program, the state news agency SPA reported on Thursday, with the first journey to space set for 2023 carrying the country’s first female astronaut.
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Saudi Arabia Eyes Hosting Olympics as ‘Ultimate Goal’ of Growing Sports Portfolio
- August 22,2022
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- SUSTG Team
Fresh off of hosting the boxing heavyweight title fight in Jeddah this weekend, Sports Minister Prince Abdulaziz bin Turki Al-Faisal stated that Saudi Arabia has the “ultimate goal” of hosting the Olympics while it continues to develop a local sports industry and attract international events, according to an interview with the AFP and reported in Al […]
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The music industry in Saudi Arabia and more with Ahmed Shawly and Mostafa Fahmy from Jeddah’s ‘Wall of Sound’ Record Label
- August 12,2022
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- SUSTG Team
Episode 56! The 966 welcomes Ahmed Shawly and Mostafa Fahmy from the Jeddah-based Wall of Sound record label and recording studio to talk about the young and growing music industry in Saudi Arabia, their entrepreneurial journey building the business from the ground up in a new industry with a blend of established and new, indie […]
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Saudi-Israeli normalization, women in family businesses in Saudi Arabia, and a conversation with management consultant Jack Fowler from YCP Solidiance
- June 3,2022
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- SUSTG Team
Episode 46! The 966 talks with Jack Fowler, director at the global management consulting firm YCP Solidiance and co-author of a new white paper on Saudi Arabia’s construction industry. But first, the hosts talk about “normalization” between Saudi Arabia and Israel, Saudi women in family businesses in the Kingdom, and then wrap up the week’s […]
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Former USMTM Chief Col. Brad Gandy Joins The 966 to Talk U.S.-Saudi Defense, Security Partnership and More
- April 1,2022
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- SUSTG Team
Episode 33! On last week’s episode, we talked about the huge transformation going on in Saudi Arabia’s military and USMTM’s role in it with author Bilal Saab, who has a book coming out on the subject. This week, the head of the USMTM from 2019-2021, Col. Brad Gandy, who heard last week’s episode and agreed […]
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MUST-READS
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Saudi Arabia: Female educators to teach fourth graders in public schools
The Saudi Ministry of Education has unveiled plans to further the joint education initiative by allowing female teachers to instruct fourth grade students in public schools. As the new academic year 1445 AH commences, three schools have been earmarked for this progressive change.
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Saudi Arabia: Female educators to teach fourth graders in public schools
This shift is set to begin on Sunday as students, both male and female, return to their classrooms. This move builds on a prior decision by the ministry. Female educators were previously given the green light to teach all primary-level students in private and international schools across various regions and governorates of the Kingdom.
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Athlete becomes first Saudi female weightlifter to win Asian medal
Layan Al-Qurashi has made Saudi sporting history by becoming the first female weightlifter to win a medal at Asian competition level.
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Saudi Arabia’s Princess Reema to head female-centered well-being company: PIF
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the establishment of a female-centered health and well-being company with Princess Reema bint Bandar as its head, the Saudi Press Agency (SPA) reported. The Kayanee Company will focus on women’s health and the lifestyle of future generations of young women through six offerings that include fitness, apparel, personal care and treatments, nutrition and diagnostics, healthy eating, and learning.
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More women-led funds ‘will boost female entrepreneurship in the UAE’
“We rarely see VCs are run by females and that is unfortunate … we receive a lot of pitches related to start-ups but not many women are looking for funding. They are not having the right networking opportunities of knowing the person who knows the right person to connect them for business or funding,” Ms El Zayat said.
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Saudi private sector female workforce hits record 900,000
The number of female Saudis working at the kingdom’s private sector surpassed the 900,000 mark for the first time in May, official figures say. The record number was reached amid robust efforts in Saudi Arabia to empower women and boost their engagement in the job market.
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Saudi females are driving the SME boom in the Kingdom
As the Kingdom continues to transform both economically and socially, ushering in a host of new institutes, ministries and mega and giga-projects, a large segment in its change is growth in the private sector. In February this year, the non-oil element of this witnessed its highest growth since 2015, with the Kingdom’s Purchasing Managers Index hitting 59.8, up from 58.2 in January. At the helm of Saudi Arabia’s private sector growth are small and medium enterprises, with many increasingly led by the Kingdom’s women.
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What It’s Like to be a Female Tour Guide in Saudi Arabia
The vast majority of people in Saudi Arabia are very generous with tourists. I’ve seen this even in remote villages, where people tend to be very religious — they’re really helping tourists, especially hitchhikers and cyclists who sometimes just appear out of nowhere. And look at a place like Al Ula, in the northwest, where you see so many tourists now. At first, some local people might have been skeptical about the crowds, the noise, the visitors. But then they started to see the jobs, the money, the extra work that they could find through tourism — they became aware of the opportunities. Now, they are very happy with tourism.
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Women making waves: First Iranian and Saudi female surfers at a World Surfing Games stand up for female empowerment
“It means a lot. We’re the three of us. We're the first females to compete and go to the World Surfing Games and it's an honour and it just feels great to pave the way for all the other young generations, females, especially in Saudi,” Alfaqeef said. _“_The journey just started and it's a long way, but I'm so happy and proud to be the first.
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Women in Tech programme awards $50,000 to three Saudi female-led startups
The leading global banking group, Standard Chartered, and the region’s leading full-fledged investment firm, Falak Investment Hub, announced the successful completion of the “Standard Chartered Women in Tech” programme by selecting eight female-led startups through an independent panel of judges. The entrepreneurs, who underwent an 8-week incubator programme, showcased innovative ideas in various sectors, including fintech, health tech, property tech, and edutainment.
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