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Saudi launches Architectural Design Guidelines
- March 18,2025
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- SUSTG Team
Saudi Arabia has officially launched the Saudi Architecture Characters Map, featuring 19 distinct architectural styles inspired by the Kingdom’s diverse geographical and cultural characteristics.
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Saudi Arabia’s 5th nationwide charitable giving campaign begins
- March 7,2025
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- SUSTG Team
Overseen by the Saudi Data and Artificial Intelligence Authority (SDAIA) and established in 2021, the National Platform for Charitable Work (Ehsan) launched its 5th National Campaign for Charitable Work today. The platform has raised over $1.33 billion since 2021.
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Jadwa Investment’s 2025 Saudi Economy report sees continued broad-based growth
- March 3,2025
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- SUSTG Team
Fresh off being named 2024 Asset Manager of the Year at the recent Saudi Capital Market Awards, Jadwa Investment has released its Saudi Economy in 2025 macroeconomic report.
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Saudi Arabia leads globe again in 2025 Edelman Trust Barometer
- February 27,2025
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- SUSTG Team
Despite a global downtrend in key trust measurements, Saudi citizens scored an 87% in trust in government in the 2025 Edelman Trust Barometer to lead the globe and surpass Saudi Arabia’s rating of 86% last year.
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Saudi Arabia’s anti-corruption drive
- February 19,2025
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- SUSTG Team
Saudi Arabia recently assumed the Chairmanship of the Global Operational Network of Anti-Corruption Law Enforcement Authorities (GlobE Network), an initiative that includes 124 countries and is an extension of the kingdom’s anti-corruption efforts at home.
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Riyadh is nexus for critical global and regional talks
- February 18,2025
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- SUSTG Team
It’s a busy period in Saudi Arabia as the kingdom hosts high level U.S. and Russia talks, welcomes the U.S. Secretary of State as well as the Ukrainian President and, perhaps, sets the stage for U.S.-Iran discussions.
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Saudi MOF and IMF convene first annual AlUla Conference for Emerging Market Economies
- February 17,2025
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- SUSTG Team
The AlUla Conference for Emerging Market Economies, organized jointly by the Saudi Ministry of Finance and the International Monetary Fund (IMF) was held February 16-17, 2025.
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Saudi population grows to 35.3M in H1 2024
- February 7,2025
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- SUSTG Team
Saudi Arabia’s population grew 4.7% to 35.3 million by mid-2024 according to the General Authority for Statistics.
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Fitch gives Saudi Arabia Default Rating ‘A+’; Outlook Stable
- February 4,2025
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- SUSTG Team
Fitch Ratings has affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating at ‘A+’ with a Stable Outlook.
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MBS meets Syrian President Al-Sharaa in Riyadh
- February 3,2025
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- SUSTG Team
Syria’s interim president Ahmed al-Sharaa chose to make his first international trip to Saudi Arabia where he met with Crown Prince Mohammed bin Salman in Riyadh.
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MUST-READS
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Saudi Arabia launches crackdown on ‘immoral acts’ amid social reforms
Saudi Arabia has arrested more than 50 people, including 11 women on prostitution charges, in a new crackdown on “immoral acts” amid ongoing social and economic transformations under Crown Prince Mohammed bin Salman. According to a report by the FT, the Ministry of Interior’s newly established unit, tasked with tackling “community security and human trafficking,” has also detained dozens of foreigners for alleged offences in massage parlours and for forcing women and children into begging. This marks the first time in over a decade that authorities have publicly acknowledged the existence of prostitution in the kingdom.
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How Mahmoud Khalil became the face of Trump’s crackdown on campus protests
When protests over the Israel-Hamas war took root on Columbia University’s campus last spring, Mahmoud Khalil became a familiar, outspoken figure in a student movement that soon spread to other U.S. colleges. The international-affairs graduate student was a fixture in and around the protest encampment on Columbia’s Manhattan campus, serving as a spokesperson and negotiator for demonstrators who deplored Israel’s military campaign in Gaza and pressed the Ivy League school to cut financial ties with Israel and companies that supported the war. Now that visibility has helped make him the face of President Donald Trump’s drive to punish what he calls antisemitic and “anti-American” campus protests. In the first publicly known arrest of the crackdown, federal immigration agents took Khalil, a legal U.S. resident married to an American citizen, from his apartment Saturday and held him for potential deportation.
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US immigration agents arrest Palestinian student protester at Columbia University in Trump crackdown
U.S. immigration agents arrested a Palestinian graduate student who has played a prominent role in pro-Palestinian protests at New York's Columbia University as part of U.S. President Donald Trump's promised crackdown on some anti-Israel activists. Mahmoud Khalil, a student at the university's School of International and Public Affairs, was arrested by U.S. Department of Homeland Security agents at his university residence on Saturday evening, the Student Workers of Columbia labor union said in a statement.
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‘A stupid game of chicken’: Inside the PGA Tour/Saudi PIF negotiation breakdown and the state of a potential deal
For a time just last month, professional golf seemed to be on the brink of a historic reconciliation. PGA Tour commissioner Jay Monahan and Tiger Woods conveyed unmistakable optimism at Torrey Pines in mid-February, generating conviction throughout the golf world that an upcoming White House summit—bringing together Saudi Arabia's Public Investment Fund and President Donald Trump—would deliver the long-awaited formal announcement. Yet two weeks after that high-stakes meeting, with the sport poised to converge on PGA Tour headquarters for the tour’s flagship event, any semblance of an agreement appears to have evaporated. -
Saudi Arabia arrests 131 in major anti-corruption crackdown
Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) has launched a sweeping crackdown on corruption, arresting 131 individuals and investigating 370 others as part of its latest enforcement efforts. In a statement released on Friday, the authority said it conducted 3,466 oversight visits across various government entities in February, uncovering cases of bribery, abuse of authority, and other violations. Some of those arrested were later released on bail.
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Lucid CEO Peter Rawlinson Surprisingly Steps Down Without a Planned Successor
Lucid reported the 2024 financial results, confirming widening losses amounting to $2.7 billion for the year. This brings Lucid's accumulated deficit to $12.9 billion, with no hope of stopping money bleeding soon. On the plus side, Lucid guided for 20,000 EVs produced in 2025 as the Gravity SUV rolls out. The company also announced that CEO Peter Rawlinson stepped down without a successor. Last year, EV startups had a rocky ride, with some of them calling it quits. For 2025, the situation is not projected to get any better amid concerns about an economic slowdown triggered by tariffs affecting the automotive industry. Lucid Motors is among the struggling EV startups, with staggering losses that widen by the quarter and shrinking cash reserves despite the best efforts of its powerful backer, Saudi Arabia Private Investment Fund (PIF).
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Despite regional truces, shadow of confrontation with Israel remains over Iraqi ‘resistance’
The Gaza war has over the past year expanded to include Israeli attacks on Iranian and Syrian territory, and on Iran-allied Hezbollah in Lebanon. In recent months, this has raised significant concerns that a potential wider conflict could extend to Iraq—particularly since the “Islamic Resistance in Iraq”, an umbrella entity aligned with the Tehran-led ‘Axis of Resistance’, has claimed numerous strikes on Israel. Iraq’s political elite has been divided on how to respond to such threats, especially following Israel’s strike on military sites in Iran only weeks after the attack in the Golan Heights. While some in the administration of Prime Minister Muhammad Shia’ Al-Sudani adopted a hawkish position, expressing a readiness to confront Israel directly in the event of an assault, reports suggest that a tenuous consensus was reached to limit Iraq’s exposure to the fray. That consensus seemingly remains in place.
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Saudi private school in Herndon to shut down, surprising families
The current school year will be the last official one for King Abdullah Academy. After close to a decade in the Herndon area, the Islamic private school announced in late January that it will close for good after the 2024-2025 academic year, citing challenges with identifying a “viable financial path to self-sustainability.” Funded by Saudi Arabia’s government, King Abdullah Academy launched in August 2016 after relocating to its current 40-acre campus at 2949 Education Drive east of Dulles International Airport. The school was previously known as the Islamic Saudi Academy and operated out of the original Mount Vernon High School from 1985 until its Herndon move. The academy’s departure opened the door for Fairfax County to redevelop the Mount Vernon site (8333 Richmond Highway), a project that began construction last fall.
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Saudi private school in Herndon to shut down, surprising families
The current school year will be the last official one for King Abdullah Academy. After close to a decade in the Herndon area, the Islamic private school announced in late January that it will close for good after the 2024-2025 academic year, citing challenges with identifying a “viable financial path to self-sustainability.” Funded by Saudi Arabia’s government, King Abdullah Academy launched in August 2016 after relocating to its current 40-acre campus at 2949 Education Drive east of Dulles International Airport. The school was previously known as the Islamic Saudi Academy and operated out of the original Mount Vernon High School from 1985 until its Herndon move. The academy’s departure opened the door for Fairfax County to redevelop the Mount Vernon site (8333 Richmond Highway), a project that began construction last fall.
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Saudi Arabia cracks down on employers over health insurance violations
The Saudi Arabia Council of Health Insurance (CHI) has announced penalties against several employers for failing to meet mandatory health insurance obligations for their employees and their eligible family members. These actions follow previous warnings urging compliance with Saudi Arabia’s Health Insurance Law. Under Article 14 of the law, employers who fail to provide health coverage or neglect to pay insurance premiums must settle any outstanding amounts and may face additional fines. The penalties can reach up to the equivalent of an annual premium per insured individual. In certain cases, noncompliant employers may also be restricted from hiring new workers on a temporary or permanent basis.
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