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Recent stories from sustg
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Saudi-US Business Forum held in Riyadh
- December 9,2024
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- SUSTG Team
Organized by the Federation of Saudi Chambers in collaboration with the US Department of Commerce, the December 8th event focused on Saudi Arabia’s Vision 2030.
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4th Saudi Green Initiative Forum concludes
- December 6,2024
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- SUSTG Team
Coinciding with the 16th session of the Conference of the Parties to the United Nations Convention to Combat Desertification (COP16), the fourth edition of the Saudi Green Initiative Forum with the slogan “By Nature, We Take Initiative” concluded.
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At COP16 in Riyadh, Arab Coordination Group pledges $10 billion to combat land degradation
- December 5,2024
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- SUSTG Team
The Arab Coordination Group (ACG), a strategic alliance of ten leading development finance institutions, announced a landmark commitment of up to US$10 billion by 2030 to address the critical challenges of land degradation, desertification and drought.
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French President Macron in Saudi for three-day state visit
- December 4,2024
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- admin
Macron’s schedule includes high-level meetings, a visit to Riyadh Metro, the Saudi-French Economic Forum and a number of cultural visits, including Al-Ula.
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FIFA issues highest ever rating for 2034 World Cup in Saudi Arabia
- December 3,2024
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- SUSTG Team
The Fédération Internationale de Football Association (FIFA) issued its Bid Evaluation Report of Saudi Arabia’s bid to host the FIFA World Cup 2034 with the bid receiving 419.8 out of 500, the highest ever score in FIFA World Cup history.
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Riyadh hosts COP16 – the United Nations Convention to Combat Desertification
- December 2,2024
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- SUSTG Team
The largest-ever meeting of the United Nations Convention to Combat Desertification (UNCCD) kicked off today in Riyadh.
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Its a big day – Riyadh Metro
- November 29,2024
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- SUSTG Team
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud inaugurated the Riyadh Metro, a major public transport project that he initiated while serving as the Chairman of the High Commission for the Development of Arriyadh, the predecessor of Royal Commission for Riyadh City.
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FY 2025 Budget approved with $27bn deficit forecast
- November 27,2024
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- SUSTG Team
Saudi Minister of Finance Mohammed Al-Jadaan and Minister of Economy and Planning Faisal Alibrahim were featured in a ‘2025 Budget Forum’ event that detailed Saudi Arabia’s FY 2025 Budget.
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Moody’s upgrades Saudi Arabia’s rating on economic diversification efforts
- November 25,2024
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- SUSTG Team
Saudi Arabia’s sovereign debt rating was upgraded by Moody’s Investors Service for the first time since the company initially assessed it in 2016, driven by continued progress in the kingdom’s economic diversification and a better outlook for the non-oil sector.
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First three lines of Riyadh Metro to open this week
- November 24,2024
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- admin
The long awaited Riyadh Metro is expected to launch the first phase of operations on three of its six lines this week (November 27).
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MUST-READS
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Banking and FinanceInvestcorp Appoints Ex-Morgan Stanley Banker as Saudi Arabia CEO
Investcorp Bank BSC, the Bahrain-based private equity firm, appointed former Morgan Stanley banker Gabriel Aractingi as chief executive officer for its business in Saudi Arabia.
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STC-Mobily MergerSaudi Arabia’s STC, Mobily seek adviser for tower merger plan
Saudi Telecom Co (STC) and Mobily are seeking a joint adviser as they aim to push ahead with a plan to merge their mobile mast operations, industry sources told Reuters on Thursday.
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InvestcorpInvestcorp buys stake in Saudi Arabia’s Al Borg Medical Laboratories
Al Borg has 53 laboratories across eight countries in the Gulf and Africa, offering medical laboratory testing services to hospitals, clinics, companies and individuals.
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Healthcare InvestingInvestcorp Said in Talks for Stake in Saudi Health-Care Company
Private investment in Saudi Arabia’s health-care industry is picking up as the government embarks on an economic transformation plan that aims to boost the contribution of private sector spending to 35 percent from 25 percent.
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EgyptChina Telecom, Saudi’s STC Said to Show Interest in Egypt 4G
State-run phone carriers China Telecom Corp. and Saudi Telecom Co. have expressed interest in acquiring 4G mobile-phone licenses offered by the Egyptian government, joining Kuwait’s Zain, which made an official request last week, a Communications Ministry official said.
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#BreastCancerAwarenessSaudi Arabia takes up tweeting for #BreastCancerAwareness
Saudi Arabia is becoming more supportive of women’s causes, with a greater presence now on social media platforms.
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