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Neom Green Hydrogen Company to Start Producing Hydrogen by Next Year, Company Says — Report
- May 30,2023
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- SUSTG Team
Neom Green Hydrogen Co. said it will begin producing the fuel for transportation by 2024, the head of the venture said according to Bloomberg.
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Harold Varner III Wins LIV Golf DC Tournament at Crowded Trump National in Northern Virginia
- May 29,2023
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- SUSTG Team
Harold Varner III won his first professional tournament on US soil this weekend at the LIV Golf DC event held at Trump National in Northern Virginia, beating South Africa’s Branden Grace by one shot.
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Saudi Arabia, Canada Restore Diplomatic Relations after 5 Years
- May 25,2023
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- SUSTG Team
Saudi Arabia and Canada restored diplomatic relations on Wednesday, putting an end to a five-year rift between the two nations.
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Bechtel Saudi Arabia Names Abdulrahman Al-Ghabban New VP of Infrastructure in Kingdom
- May 24,2023
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- SUSTG Team
Bechtel Saudi Arabia has named company veteran Abdul-Rahman Al-Ghabban as new Infrastructure Vice President in the Kingdom of Saudi Arabia, the company confirmed to SUSTG in a press release.
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At Cannes, Saudi Arabia Launches Two Film Funds to Jumpstart Local Industry
- May 17,2023
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- SUSTG Team
Saudi Arabia’s newly-minted Cultural Development Fund has officially unveiled two separate film sector funds at the Cannes Film Festival in France, Variety reports.
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Saudi Arabia’s Rua Al-Madinah Giga-Project Signs Major Deal with Accor for 1,000 More Keys
- May 11,2023
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- SUSTG Team
Saudi Arabia’s in-development Rua Al-Madinah giga-project signed an agreement with France-based Accor group for three hotels, adding 1,056 keys to the area spread across three brands.
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Saudi tops S&P Global Survey of Middle East and Africa’s 30 largest banks
- April 27,2023
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- SUSTG Team
S&P Global’s latest ranking of the top 30 Middle Eastern and African banks by total assets finds Saudi institutions leading in both total numbers and total assets.
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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 Arabia Condemns Israeli Attack on Mosque, Following Developments with ‘Great Concern’ – Reports
- April 5,2023
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- SUSTG Team
Saudi Arabia on Wednesday condemned Israeli police’s “blatant” attacks on worshipers inside the al-Aqsa Mosque in Jerusalem during the Islamic holy month of Ramadan, after viral video showed Israeli forces beating worshippers inside the mosque.
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Saudi Arabia to Develop Key Water Projects Worth $80 Billion to Enhance Access as Growth Booms
- March 27,2023
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- SUSTG Team
Saudi Arabia will invest $80 billion into key water projects in the coming years to support its economic growth and provide safe and equitable access to water for all citizens and residents, according to a report.
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MUST-READS
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Russia can’t afford a protracted war in Ukraine
However, Russia’s intervention in 2015 took the destructive nature of this warfare to unprecedented levels by intensifying the “collective punishment” on civilians. Russia took charge of the skies, freeing up Syrian ground troops to tighten sieges around civilian-populated areas. By 2017, nearly 5 million people were living in besieged and hard-to-reach areas. With Russian Sukhoi jets targeting the areas under siege, civilians could no longer listen for the unmistakable sound of a helicopter coming and take cover.
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‘We are enemies’: Ukraine, Russia tensions at Saudi arms fair
The number of staff at the Ukrainian pavilion was severely diminished by the war, which broke out two weeks ago when Russian President Vladimir Putin sent troops and warplanes over the border. A planned delegation of 50 was reduced to just two officials and two volunteers, all based in Riyadh. But even though the Ukrainian display consisted of just two armoured vehicles, it was visited by a string of Western officials, including a delegation from the US embassy.
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The Ukraine Crisis Could Accelerate a Decoupling in Global Trade
In the relationship between the West and China, companies have been quite reluctant to go along with any talk of decoupling, whereas they have been taking a very proactive role in response to the crisis in Ukraine, with dozens of companies announcing their withdrawal from the Russian market within days of the invasion. In fact, the impact of corporations’ decisions to withdraw is probably much more acutely felt by ordinary Russians than anything that governments have done so far, which is mostly affecting the banks and the exchange rate.
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Russia-Ukraine war: Putin has been brutally rebuffed in the Middle East
It was the first emergency debate the assembly had held for 25 years and the headline result was that as many as 141 states supported the motion and only three states (apart from Russia and Belarus) allied themselves with Russian President Vladimir Putin’s aggression: Eritrea, North Korea and Syria.
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Most Americans are willing to pay more at the pump for Ukraine
Overall, 71% of Americans supported a ban on Russian oil even if it resulted in higher gas prices, according to the survey, which was conducted from March 4 to 6. Oil was trading around $130 a barrel on Tuesday, while a regular gallon of gasoline was an average $4.17 at the pump.
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Compounded stress: The impact of the war in Ukraine on the Middle East and North Africa
At the top of our concerns are MENA’s already fragile countries — like Syria, Lebanon, and Yemen — where the Ukrainian crisis risks to dramatically jeopardize access to food. Syria imports roughly two-thirds of both its food and oil consumption, and most of its wheat is specifically from Russia. Lebanon imports from Ukraine and Russia over 90% of its grain and only has about a month of grain reserves. Yemen imports about 40% of its wheat from the two countries at war.
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Saudi, Emirati Leaders Decline Calls With Biden During Ukraine Crisis
The Saudis have signaled that their relationship with Washington has deteriorated under the Biden administration, and they want more support for their intervention in Yemen’s civil war, help with their own civilian nuclear program as Iran’s moves ahead, and legal immunity for Prince Mohammed in the U.S., Saudi officials said. The crown prince faces multiple lawsuits in the U.S., including over the killing of journalist Jamal Khashoggi in 2018.
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Opinion: Israel’s fraught Russia-Ukraine balancing act
Israel's hesitancy on Ukraine is driven, in part, by a need to maintain day-to-day cooperation with Russia in Syria. The Russians, who control much of Syrian air space, have given Israel wide latitude to strike Iranian, Syrian and Lebanese targets in Syria. The arrangement involves a deconfliction mechanism that prevents accidental conflict between Russian and Israeli forces through a real-time communication channel. Add to that Israel's perennial concern about the well-being and security of the 150,000 Jews in Russia, and the argument in favor of maintaining good relations with Putin is a strong one.
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How African countries voted on Russia’s invasion of Ukraine
The vote also indicates division among African countries on the Russia-Ukraine war. While some have strongly condemned Russia’s invasion, most have remained quiet. The African Union on its part has asked Russia to respect international law and Ukraine’s sovereignty. Social media users criticized African countries for abstaining from the vote.
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The Ukraine War: The Arab World is Not Immune
Part of the Arab public opposed the Russian invasion on the grounds that Ukraine, as an independent state, should have the right to chart its own foreign policy and choose its security alliances. Another part slammed “western hypocrisy” which supports Ukrainian resistance to the Russian invasion but calls the Palestinian struggle against Israeli occupation terrorism.
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