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Recent stories from sustg
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Latest Data: Improvements in Saudi Arabia’s Labor Market in Line with Pick-up in Overall Economic Activity
- February 3,2021
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- SUSTG Team
Unemployment in Saudi Arabia declined to 14.9 percent in Q3 2020, the latest date for which such data are available, down from 15.4 percent in Q2 2020, a recent report from the Riyadh-based Jadwa Investment finds, citing figures from the official General Authority for Statistics.
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List of World’s Top Golfers Competing at Third Saudi International Grows as Kevin Na Commits
- January 21,2021
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- SUSTG Team
The field of competitors for next month’s Saudi International powered by Softbank Investment Advisers is growing as another top golfer in the world has joined some of the sports biggest names confirmed to compete in Saudi Arabia. Five-time PGA Tour winner Kevin Na, who won the PGA Tour’s Sony Open in Hawaii on Sunday, is […]
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$5 Billion Hydrogen Project JV Planned for NEOM Hires Financial Advisor – Report
- January 13,2021
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- SUSTG Team
A three-organization joint venture hydrogen project between Air Products, NEOM, and ACWA Power has hired financial firm Lazard to advise on a planned $5 billion hydrogen project in the NEOM high-tech business zone in Saudi Arabia, according to a Reuters report, citing sources.
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Gulf Rift Ends after 42 Months; Qatari Emir Heads to GCC Summit as Skies, Borders Re-Open
- January 5,2021
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- SUSTG Team
Saudi Arabia and other GCC nations effectively ended their 42 month-long rift with neighboring Qatar on Monday, signaling a new era in Gulf political and economic relations and bringing to a close a long dispute begun in June 2017.
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Saudi Arabia’s PIF Makes Two Moves in Security, Defense Space
- December 29,2020
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) and its defense subsidiary SAMI announced separate moves in the defense and security space this week, according to reports. The PIF said Tuesday it had established a company to develop and expand the private security sector in the Kingdom, creating the National Security Services Co. (SAFE). SAFE will focus on […]
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Saudi Arabia’s Tourism Minister: Kingdom Needs to Inject $200 Billion into Industry — Report
- December 22,2020
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- SUSTG Team
Saudi Arabia’s tourism minister Ahmed Al-Khateeb dismissed naysayers of the Kingdom’s ambitious tourism plans, telling Arab News‘ Frank Kane in an exclusive interview that the Kingdom’s target of obtaining 100 million visits by 2030 is not overambitious with big investments in the industry.
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Houston-Based Baker Hughes, Saudi Aramco to Develop Oil, Gas Products Using Nonmetallic Resources
- December 9,2020
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- SUSTG Team
Saudi Aramco and Houston-based Baker Hughes have announced the formation of Novel, a 50/50 Joint Venture (JV) to develop and commercialize a broad range of non-metallic products for multiple applications in the energy sector, the companies said in a press release.
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Saudi Economy More Resilient than Expected in Q2, Q3 2020; Recovery Possible Next Year – Jadwa Investment
- November 27,2020
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- SUSTG Team
Saudi Arabia’s economy proved to be more resilient than expectations in the face of dual crises of the Coronavirus pandemic and a drop in oil prices in 2020, Jadwa Investment writes in an economic update.
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Road to the G20: Saudi Arabia Set to Host Main Leaders’ Summit this Weekend
- November 19,2020
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- SUSTG Team
Saudi Arabia is set to host the G20 Leaders Summit this weekend, the main event involving the heads of the 20 nations chaired virtually by the Kingdom due to the Coronavirus pandemic.
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Saudi Economy Contracts 4.2% in 3Q, Improves from 2Q; Fitch Affirms Credit Rating at ‘A’
- November 10,2020
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- SUSTG Team
Saudi Arabia’s economy shrank 4.2% in the third quarter from a year earlier, government data showed on Tuesday, but the contraction was smaller than the second quarter when the economy was reeling from coronavirus-linked lockdowns, Reuters reports. The economy expanded by 1.2% on a seasonally-adjusted quarter-on-quarter basis in the third quarter from a contraction of 4.9% […]
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MUST-READS
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Women VotersCar booking app to offer free rides to Saudi women voters
It all started when Saudi-based journalist Ahmed Omran suggested on Twitter that new-generation car booking services Uber and Careem offer free rides for women wishing to vote in the kingdom’s upcoming municipal elections.
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Municipal ElectionsPerspective: Politically emancipated Saudi women are socially constrained
Municipal elections will be held throughout Saudi Arabia on Dec. 12. In a historic first, Saudi women have been invited to participate as voters and candidates. This Arab News journalist went to register as a voter and discovered that for many Saudi women, making it to the polls won’t be easy.
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Women VotersFrom the U.S. to Saudi Arabia, Women Had to Fight to Vote
Wednesday marks the 95th anniversary of women’s suffrage in the United States. At the same time, one of the last countries to deny women the vote is preparing to open its polls: this December, women will vote in Saudi Arabia for the first time.
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Saudi WomenSaudi women register to vote for the first time: ‘A dream for us’
Two women in Saudi Arabia made history last week when they became the country's first registered female voters, according to local media.
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Women in Saudi ArabiaPerspective: Misleading reports about Saudi women
Journalists can choose to be journalists or propagandists, and this piece floating around the Internet is clearly propaganda to ridicule the customs, traditions and religion of a specific group of people.
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Women VotersHere’s why women registering to vote in Saudi Arabia for the first time is a big deal
Women registered to vote for the first time ever in Saudi Arabia on Thursday, ahead of the nationwide local elections. Not just that, they will also be able to stand for election. The kingdom’s officials describe this as a “significant milestone in progress towards a participation-based society”.
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WomenSaudi Women Are Registering to Vote For the First Time In History
Four years after King Abdullah announced that women will be granted equal voting rights and the right to run for office in the conservative Muslim country, women in Saudi Arabia began to register to vote this past weekend.
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Social Networks and BusinessSaudi Businesswomen Tap Instagram to Bypass Men, Attract Clients
Al-Daini is one of a growing number of Saudi women turning to Instagram to start businesses, gain market share and skirt limitations in a country where women can’t drive and often need the intervention of a male guardian. They are part of an informal economy, and aren’t counted in the 48 percent growth in the number of employed Saudi women to almost 806,000 between 2010 and 2014.
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'Real' Saudi WomenPerspective: Misperception about Saudi women
Most of these young activists speak to the western narrative. They do not speak for the common Saudi woman, the fully covered Bedouin who possess the overwhelming desire for sons and to serve their husbands and keep house. The real Saudi woman either does not know these young activists who purport to speak on their behalf or they simply don’t care and think of these young women as shameful.
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Women in the WorkforceSaudi Women Get More of a Voice as Economy Needs Boost
With living and housing costs rising and the oil price back below $50, there’s just less wealth to spread around given the tripling of the population since the 1970s oil boom. The bottom line is a woman’s place can no longer be at home if the menfolk want to maintain the living standards they’re accustomed to.
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