SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • Saudi Arabia’s Fitness Movement: GymNation to Accelerate Expansion Following Opening of 20th Location

    The Saudi Arabia fitness scene is booming and it’s a market that we’ve had an ambition to enter for a number of years. The government has a huge focus on improving fitness penetration levels across the population and are actively encouraging the citizens of Saudi Arabia to engage in health, fitness, and wellness. We want to play our part by helping to break down the affordability barrier and make fitness more accessible and welcoming for everyone across the Kingdom.

  • Saudi Arabia has a big plan for oil that could hammer Russia’s war machine, economists warn

    Cooper pointed out that because Saudi Arabia's and Iran’s oil wells are closer to the surface, they are cheaper to extract. Russia, on the other hand, has to spend more on production costs to extract its deep oil wells, reducing its margins. “The simplest explanation is the right one: Russia’s GDP growth stems from a massive boost in spending on defense,” Hedlund wrote in Geopolitical Intelligence Services.

  • Saudi Arabia stops granting new licenses for delivery bikes

    Saudi Arabia witnessed massive expansion and flourishing of delivery services via electronic platforms following the outbreak of coronavirus pandemic. This provided vast opportunities for making investments and expanding businesses apart from generating job opportunities in this thriving sector. Al-Zuwayed revealed earlier that the growth of the light freight transport activity in Saudi Arabia was accompanied by an increase in the number of motorcycles that provided their services to the activity, indicating that the growth of the light freight transport activity in the first quarter of this year amounted to 38 percent compared to the first quarter of 2023.

  • Caves in Saudi Arabia’s northern region are windows to history, gates to adventure

    At least 542 caves and sinkholes discovered in Saudi Arabia’s Northern Borders region offer more destinations for the increasing number of tourists, adventurers and researchers interested in these structures, the Saudi Press Agency reported on Sunday. Of varying shapes, these structures offer a glimpse into the past with their unique geological formations, said the report, quoting Burjas Al-Falih, a speleologist and a member of the Afaq Society for Astronomy.

  • Saudi Arabia’s inflation rate inches up to 1.7% in September

    Saudi Arabia's annual inflation rate edged up to 1.7% in September, from 1.6% in August, government data showed on Tuesday, with increases in housing rents the main driver once again. Overall housing rents rose by 11.2% in September, according to the General Authority for Statistics, driving up prices for the combined Housing, Water, Electricity, Gas and Other Fuels category which jumped 9.3%. Rental price hikes have been the key driver of inflation in Saudi Arabia for much of this year.

  • US OKs Sale of 220 Sidewinder Missiles to Saudi Arabia

    The US has approved the $251.8-million sale of AIM-9X Block II Sidewinder Missiles and related support to the Kingdom of Saudi Arabia.  The deal includes 220 Raytheon AIM-9X Block II Sidewinder Tactical Missiles, missile containers, support equipment, spares, missile software, training, and related technical assistance and program support.

  • Ericsson and KACST Partner to Launch Advanced 5G Gaming Lab in Saudi Arabia

    Ericsson and King Abdulaziz City for Science and Technology (KACST) in Riyadh, Kingdom of Saudi Arabia announce their partnership to establish a joint advanced connectivity lab for gaming and beyond at KACST’s premises, named as “Blink Lab”. The lab will feature a private 5G network and serve as a testbed for training, research, product development and commercialization of innovative gaming solutions from from global and local ecosystems.

  • Saudi Arabia to appoint private operators to manage 4 airports soon, says Al-Falih

    “The government is moving away from direct business involvement. Empowering and enabling the private sector is essential,” Al-Falih stated. He highlighted that the Madinah airport, the Kingdom’s most efficient, is managed by a private operator under a long-term concession, while King Abdullah Port, built with no government capital expenditure, is also privately operated.

  • Saudi Arabia to invest $267bn in logistics to become global hub by 2030: minister

    Speaking at the inaugural Global Logistics Forum 2024, which began on Oct. 13 in Riyadh, Saudi Minister of Transport and Logistics Services Saleh bin Nasser Al-Jasser said SR200 billion of the total amount has already been deployed.  “These investments have translated into leapfrogs in the Saudi logistics sector, leading us to rise in global rankings, jumping 17 ranks in the Logistics Performance Index issued by the World Bank and 14 places in the Global Connectivity Index of the International Air Transport Association,” he said.

  • Saudi Arabia Participates in G7 Ministerial Meeting in Italy on Global Health Issues

    The Kingdom of Saudi Arabia has participated in the G7 Health Ministers' Meeting held in Ancona, Italy, following an invitation from the Group of Seven (G7). The meeting focused on several pressing global health issues, including antimicrobial resistance (AMR), the impact of climate change on health, and efforts to prolong human life, all aimed at strengthening international collaboration to tackle these critical challenges.