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Saudi leads growing MENA cinema market
- November 13,2024
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- SUSTG Team
New analysis by Omdia shows that the MENA region will reach nearly 2,500 screens by the end of this year.
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Saudi Arabia hosts Arab-Islamic summit in response to Israeli action in Gaza and Lebanon
- November 12,2024
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- SUSTG Team
Saudi Arabia hosted an Arab League and the Organisation of Islamic Conference joint summit where Crown Prince Mohammed Bin Salman and other Arab leaders intensified criticism of Israel’s actions in Gaza and Lebanon.
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Riyadh slammed with visitors
- November 11,2024
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- SUSTG Team
A school holiday combined with the busy 2024 Riyadh Season events have pushed occupancy and price levels for Riyadh hotels to record highs.
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Google to establish AI hub in KSA
- November 8,2024
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- admin
Saudi Public Investment Fund and Google Cloud announced a strategic partnership to create a new global artificial intelligence (AI) hub based in Dammam.
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Saudi Red Sea coastal tourism featured at World Travel Market
- November 7,2024
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- SUSTG Team
Saudi Red Sea coastal tourism project was a primary focus of Saudi Arabia’s pavilion at the November 5-7 World Travel Market in London, one of the largest annual gatherings of exhibitors and tourism professionals.
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Desert Technologies to build 5GW solar cells and modules plant in Saudi Arabia
- November 6,2024
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- SUSTG Team
Jeddah-based manufacturer Desert Technologies has agreed to develop the facilities in partnership with Modon, the Saudi Authority for Industrial Cities and Technological Zones.
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Al-Jouf region sees snow
- November 5,2024
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- SUSTG Team
Reportedly for the first time in memory, it has snowed in Saudi Arabia’s northern Al-Jouf region following an intense period rain and hail.
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Largest Red Sea sea turtle nesting site discovered
- November 3,2024
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- SUSTG Team
The General Organization for the Conservation of Coral Reefs and Marine Turtles in the Red Sea (SHAMS), has announced the discovery of the largest sea turtle nesting site in Saudi waters, located at the Four Sisters Islands.
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Saudi hosts first meeting of “International Alliance to Implement the Two-State Solution”
- October 31,2024
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- SUSTG Team
Saudi Arabia hosted the first meeting of a new international alliance to press for the establishment of a Palestinian state.
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Luxury island destination Sindalah is first NEOM project to open to guests
- October 29,2024
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- SUSTG Team
Announced in 2022, Saudi Arabia has opened luxury island Sindalah as the first destination locale to launch as part of the Kingdom’s $500 billion mega project NEOM.
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MUST-READS
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Saudi startups take lead in MENA funding space
Saudi Arabia’s startup ecosystem has affirmed its leading position in the funding space, capturing over 53 percent of the region’s venture debt financing in 2023, according to MAGNiTT’s latest report. The venture data platform revealed that Saudi startups raised a total of $400 million in venture debt last year, a 602 percent growth compared to $57 million in 2022.
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At Gulf Cooperation Council, U.S. Participates in Maritime, Missile Defense Working Groups
The U.S. last participated in talks with the GCC in February 2023. During today's discussions, representatives from the Joint Staff, U.S. Central Command, Naval Forces Central Command, Air Forces Central Command, the Missile Defense Agency, and the Defense Security Cooperation Agency are participating in two working groups, including one on maritime security and the other on air and missile defense.
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Unemployment rate in Saudi Arabia’s labor market at 8.6 percent, women’s participation reaches 34.2 percent
The unemployment rate dropped from 12.8 percent in 2017 to 8.6 percent in the third quarter of 2023
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Saudi Mega Projects Seek Partners in Bid to Hit Goals
Executives from The Line, New Murabba and Diriyah Company — complex developments ranging from a futuristic mega city on the Red Sea to an urban development housing a cube-shaped skyscraper set to be the tallest in the Saudi capital — discussed challenges with supply chains, costs and finding skilled workers as they underscored the urgent need for experienced partners to assist in completing projects.
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Saudi Mega Projects Seek Partners in Bid to Hit Crown Prince MBS’s Goals
Top officials from Saudi Arabia’s mega projects gathered in Riyadh to share progress updates and seek partners to help deliver a key pillar of Crown Prince Mohammed bin Salman’s plan to transform the economy. Executives from The Line, New Murabba and Diriyah Company — complex developments ranging from a futuristic mega city on the Red Sea to an urban development housing a cube-shaped skyscraper set to be the tallest in the Saudi capital — discussed challenges with supply chains, costs and finding skilled workers as they underscored the urgent need for experienced partners to assist in completing projects.
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Who’s Who: Abdullah Al-Ajmi, space business development director for Lockheed Martin in Saudi Arabia
Abdullah Al-Ajmi is the space business development director for Lockheed Martin in Saudi Arabia. He is responsible for coordinating and bolstering the Kingdom’s space efforts. In addition to fostering strategic cooperation between government and commercial enterprises, Al-Ajmi oversees the facilitation of scientific experiments and international research collaborations, as well as the administration of future space-related missions. A retired brigadier general of the Royal Saudi Air Force and Ministry of Defense, he has a wealth of expertise and experience in remote sensing and intelligence, surveillance, and reconnaissance and space systems.
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State Department OKs Saudi Arabia’s $250M Blanket Order Training Support FMS Request
Under the proposed transaction, the U.S. Navy will also provide professional military education support for Saudi Arabia’s naval forces, which will not require the deployment of any additional U.S. government and contractor personnel to the Middle Eastern country.
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‘Let’s help Yemen regain ability to chart its own future,’ US envoy Tim Lenderking tells Arab News
“The onus (is) on the Houthis to stop the Red Sea attacks,” he said. “That can prompt us all to begin to dial back, to de-escalate, to return the situation in Yemen to where it was on Oct. 6, which had considerably more promise and possibility than what exists now, and that’s where we want to return the focus.”
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Commentary: The Next U.S. Administration to Confront a Middle East of New Partnerships, New Tensions, as the End of History Repeats Itself
The Gaza war, with its potential for regional escalation, is just one (albeit major) concern in a region prone to instability, insecurity, and unpredictability. This paper puts the evolving crisis and nuclear proliferation concerns in the Middle East into global context, alongside other U.S. foreign and domestic policy priorities, such as Russia’s war in Ukraine, competition with China, and the U.S. economy.
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Saudi pavilion at Venice Biennale charts the evolving role of women in the kingdom
Saudi visual artist Manal Al Dowayan is known for her research-based, participatory practice, placing community voices at the forefront of her artwork. Her exhibition for the National Pavilion of Saudi Arabia at this year’s Venice Biennale is no different.
Titled Shifting Sands: A Battle Song, curated by Jessica Cerasi and Maya El Khalil, Al Dowayan’s multimedia installation is inspired by the evolving role of women in Saudi Arabia. It is rooted in three workshops that took place across the country, where she engaged with more than 1000 women from all walks of life.
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