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Recent stories from sustg
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Hyundai Motor Joins EV Car Race in Saudi Arabia with Planned Factory; Signs MOU with Saudi Ministry of Industry and Mineral Resources
- January 3,2023
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- SUSTG Team
South Korea’s Hyundai Motors has joined the race to build EV cars in Saudi Arabia, signing a memorandum of understanding with Saudi Arabia’s Ministry of Industry and Mineral Resources to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA) reported.
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Saudi Arabia, Japan Eye Increased Trade and Cooperation at Riyadh Investment Forum
- December 28,2022
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- SUSTG Team
Saudi Arabia and Japan signed several new agreements and understandings at a Saudi-Japan investment forum to boost trade and relations between the two nations, according to reports.
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Germany Sets Sights on Importing Saudi Ammonia to Make Hydrogen by 2026
- December 20,2022
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- SUSTG Team
European economic powerhouse Germany has said it hopes to import green ammonia from Saudi Arabia at a terminal to be opened in 2026, according to a report in the UAE-based The National.
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Middle East KFC Operator, Americana, Sees Successful Debut in First Dual Listing in the Gulf
- December 13,2022
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- SUSTG Team
The Middle Eastern operator of KFC and Pizza Hut outlets, Americana Restaurants International Plc, climbed in its debut after raising $1.8 billion in an initial public offering, pulling off the first-ever dual listing in Riyadh and Abu Dhabi, Bloomberg reports.
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Saudi Arabia’s PIF Buys 9.5 Percent Stake in German Renewables firm Skyborn
- December 12,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund has acquired a 9.5 percent stake in German renewable firm Skyborn Renewables, as the growing sovereign wealth fund of the Kingdom continues to expand with international investments.
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Adding to Growing List of Natural Treasures, ‘Desert Fish’ Rock Formation Discovered in Al-Ula
- December 7,2022
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- SUSTG Team
The recent discovery of a giant fish-shaped rock emerging from the sands of the Saudi desert near Al-Ula adds to a growing collection of natural wonders in Saudi Arabia.
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Virginia-Based Bechtel Corp. Wins Contract to Provide Project Management Consultancy Services for NEOM’s TROJENA
- December 5,2022
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- SUSTG Team
Virginia-based Bechtel Corporation has been appointed as the Project Management Consultant for TROJENA, a year-round mountain destination in the NEOM region of northwest Saudi Arabia, the company confirmed in a press release.
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An ‘Aerotropolis’: Saudi Arabia Plans to Build One of the World’s Largest International Airport’s in Riyadh Named After King Salman
- November 28,2022
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- SUSTG Team
Saudi Arabia plans to build one of the world’s largest airports in the capital Riyadh, named after King Salman, which will be capable of handling 185 million passengers a year and eventually powered by renewable energy, according to a statement from Saudi Arabia’s Public Investment Fund and reported widely by news outlets.
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Data Show Foreign Direct Investment Inflows into Saudi Arabia Falls 85% in Second Quarter on 2021 Aramco Deal
- November 15,2022
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- SUSTG Team
Saudi Arabia recorded second-quarter foreign direct investment (FDI) inflows down 85% year on year, an investment ministry report showed on Tuesday, with the reason for the significant drop attributed to the closing of state-owned Saudi Aramco’s IPO deal in the second quarter of 2021.
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Crown Prince Heads to G20 in Indonesia as Chinese Leader Xi Jinping Reportedly Eyes December for Saudi Visit
- November 14,2022
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- SUSTG Team
Crown Prince Mohammed bin Salman of Saudi Arabia will represent the Kingdom at the G20 in Indonesia at this year’s meetings, and will visit other Asian countries as part of the trip, state news agency SPA reported.
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MUST-READS
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Labor RegulationsDouble delight for Saudi women as labor ministry scraps retirement age rule
The amendments in the labor regulation have stressed that “it is not allowed to discriminate between workers on the basis of gender, disability, age or any other forms of discrimination whether in work, employment or advertising on the vacancy.”
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Women in the WorkforceA record number of Saudi women have joined the workforce
Just 23% of Saudi Arabia’s women are in the workforce today. Though that’s a great deal behind the global average of 48%, it’s pretty good for Saudi Arabia, where only 18% of women had jobs or were looking for one in 2010.
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Women's RightsSaudi women gain right to travel without permission
Under the new amendments made through royal decree and announced Friday, passports will be issued to any Saudi citizen who applies for one and any person above 21 years of age does not require permission to travel.
- Saudi Gazette - Saudi women can obtain passports without male guardians’ permission
- ABC News - Saudi Arabia to allow women to travel without male permission, protection from firing while pregnant
- France24 - A 'giant leap forward'? Saudi papers hail decree allowing women to travel without a male guardian
- Arab News - Saudi Arabia ends restrictions on women traveling: Royal Decree
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WomenQueens of the Road: Saudi women are more responsible drivers than men
Since the ban lift on women driving in the kingdom officially took effect in June 2018, women have barely violated traffic rules. Though a few committed some violations at first, the number of recorded cases has drastically dropped since.
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Women Employment70% of Saudi airports’ passport control officers to be women by next year
Up to 70 percent of passport control officers based at key Saudi airports could be women by next year, a top military training official has revealed. The Saudi General Directorate of Passports has started training 760 new female recruits for the soldier-ranked roles, to be assigned to the Kingdom’s land, sea and air entry and exit points. The latest intake will be the second group to pass through the directorate’s training center covering the regions of Riyadh, Makkah, Madinah, and Dammam.
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Women in SaudiIn Saudi Arabia, more restrictions on women may loosen
“The argument is always one of economic necessity, but even those top-down efforts, which have been very clear and systematic coming from the king and encouraged by the crown prince, still have to go through society,” says Mr. Maksad of the Arabia Foundation.
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Women in SaudiSaudi Guardianship Laws Could Be Set to Change. Here’s How Women Are Reacting.
Over the past two years, Prince Mohammed has delivered on promises to liberalize some restrictions on women, lifting a ban on women driving and on attending sporting events in arenas. But change has been halting, leaving many Saudi women skeptical.
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WomenWomen can drive in Saudi Arabia, but personal drivers are still hired
As women in Saudi Arabia were given the right to drive last year, the number of personal drivers was expected to drop — but that hasn't really been the case.
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WomenSaudi Arabia set to allow women to travel without male permission
Saudi Arabia plans to grant women the right to travel without a male guardian’s permission as the government moves to relax social restrictions.
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Saudi WomenSaudis Plan to Ease Travel Restrictions on Women
Saudi Arabia is planning this year to loosen restrictions on women’s ability to travel without a male guardian’s permission, officials and people familiar with the matter said, a rare step against the system of male domination deeply rooted in Saudi society.
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