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Recent stories from sustg
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Todd Albert Nims, traction on green hydrogen, a $1 trillion economy and much more in The 966 Episode 69
- December 23,2022
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- SUSTG Team
Episode 69! Merry Christmas and happy holidays to our subscribers and listeners who celebrate. The 966 hosts kick off the second annual “Christmas spectacular” with a discussion of green hydrogen and news that Germany may be on of Saudi Arabia’s first big customers, and a discussion of Saudi Arabia as a $1 trillion (!) economy. […]
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Saudi Arabia’s PIF Buys 30 Percent Stake in Cooling Company Saudi Tabreed
- December 21,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has reportedly acquired a 30% stake in Saudi Tabreed, a leading cooling services provider in Saudi Arabia, according to a report in Bloomberg and Reuters.
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NEOM’s Green Hydrogen Facility, Set to Be World’s Largest, Gets Financing Agreements with Banks, SIDF
- December 19,2022
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- SUSTG Team
NEOM’s Green Hydrogen Company (NGHC), an equal joint venture created by ACWA Power, Air Products, and NEOM which will create the world’s largest green hydrogen plant, has inked facility agreements with local, regional, and international banks and Saudi Arabia’s SIDF to finance the construction of the plant, according to reports.
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Jadwa Chartbook: Saudi Arabia’s Growth Streak Continues with Non-Oil PMI Increasing on ‘Higher New Orders and Business Optimism’
- November 30,2022
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- SUSTG Team
Saudi Arabia’s economy continues its streak of growth with positive data points in key areas like non-oil PMI, consumer spending, and point of sale transactions, according to the latest monthly chartbook released by Jadwa Investment.
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Saudis Celebrate Historic Win Against Argentina at Qatar World Cup with National Holiday
- November 23,2022
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- SUSTG Team
Saudi Arabia’s King Salman bin Abdulaziz declared Wednesday as a public holiday after the Saudi soccer team beat Argentina in the World Cup on Tuesday in a thrilling and historic upset that will long be remembered and celebrated by Saudis.
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Saudi Arabia Announces 66 New Initiatives as Part of Environmental Action Plan at COP 27
- November 8,2022
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- SUSTG Team
Saudi Arabia has announced 66 new initiatives as part of its environmental plan at the UN global climate change summit taking place in the Egyptian resort town of Sharm El-Sheikh, according to reports.
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2022 Global Cities Report finds huge leap in Riyadh’s Cultural Experience
- October 31,2022
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- SUSTG Team
Leading management consulting firm Kearney released its 2022 Global Cities Report assessing 156 cities around the world around the world across five dimensions: business activity, human capital, information exchange, cultural experience, and political engagement.
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Saudi Aramco Launches Sustainability Fund with $1.5b in Capital
- October 28,2022
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- SUSTG Team
Saudi’s state-owned oil company Aramco announced yesterday the launch of a venture capital fund that will focus on sustainability-related projects, according a press release from the company and reports.
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The Red Sea Development Company is Now ‘Red Sea Global,’ and Will Look to Expand Globally
- October 25,2022
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- SUSTG Team
The Red Sea Development Co., known as TRSDC, has rebranded to now be called Red Sea Global (RSG), the company announced during the sixth edition of Future Investment Initiative (FII) in Riyadh on Oct. 25.
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Saudi Arabia’s Crown Prince Mohammed bin Salman Launches National Industrial Strategy
- October 19,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman launched the Kingdom’s National Industrial Strategy, which aims to increase the industrial exports value to 557 billion riyals by 2030 ($148.34 billion), Reuters reports, citing the Saudi Press Agency.
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MUST-READS
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WomenVideo: Women unveil cultural change in Saudi Arabia
In Saudi Arabia, most people are too young to remember when religious extremists took over everyday life, especially for women. With a crown prince who wants to rebrand the kingdom's image, many women are feeling, and fueling, winds of change.
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Abaya ThoughtsAbaya: What women in Saudi Arabia think
There is yet to be an official decree—like the one that reversed a ban on women’s driving—so there hasn’t been a visible change in women’s clothing on Saudi streets yet, but women are already excited.
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Banking and FinanceSaudi Bank Pegs Growth Hopes on Mortgages, Women Buying Cars
Saudi Arabia’s second-biggest bank is betting that government efforts to develop the entertainment industry, boost home-ownership and open up the role of women in the economy will fuel growth this year.
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Saudi WomenSaudi women strive to bring male guardians to a Twitter end
Women in Saudi Arabia are riding a “Twitter wave” of activism that they hope will lead to the abolition of a legal guardianship system that gives men authority over their lives.
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Reema Bint BandarSaudi Arabia moves to elevate women following Mohammed bin Salman’s reform program
HRH Princess Reema bint Bandar Al-Saud talks about change for women and economics, in the wake of Crown Prince Mohammed bin Salman’s new reform program, in the kingdom of Saudi Arabia.
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Women DriversWomen are the bulk of ride-app customers in Saudi Arabia. Soon they will be ride-app drivers.
Women have been crucial in the business plans of ride-hailing apps in Saudi Arabia, an absolute monarchy that for more than three decades has enforced an ultraconservative version of Islam. Barred from driving, women make up nearly three-quarters of Uber and Careem users.
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Saudi WomenSaudi Arabia wants women to grow it’s economy, Commerce Minister Al-Qasabi Says
Saudi Commerce Minster Majed bin Abdullah Al-Qasabi, in Washington as part of a royal delegation visiting with President Trump this week, says women are key to Saudi Arabia's ambitious goals for economic growth, but they need a place where they could "work with dignity.”
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Women in Saudi ArabiaWhat life is like now for women in Saudi Arabia: Reporter’s Notebook
The women I spoke to came from a wide array of backgrounds. Some were very westernized and spoke English with impeccable American accents. Others came from traditional families in smaller Saudi towns like Medina or Taef, and only spoke Arabic.
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Saudi WomenSaudi Arabia Women in Leadership forum to drive workplace reforms
Saudi Arabia has taken a major step in its bid to welcome more women into the workforce by hosting its first-ever business forum for women.
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WomenSaudi Arabia opens Women Economic Forum
The two-day forum entitled “Lets talk about tomorrow” aims to promote positive change, facilitate discussions and foster cross-sector partnerships.
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