Recent stories from sustg

  • U.S. Exports to the Arab World Jump By 12% to $65.3 Billion
     

    The National U.S.–Arab Chamber of Commerce (NUSACC) reported that, according to data released last month by the U.S. Census Bureau, U.S. goods exports to the Arab world jumped 12 percent to $65.3 billion in 2023.

     
  • IMG expands partnership with Saudi Pro League and Saudi Arabian Football Federation
     

    The Saudi Pro League (SPL) and Saudi Arabian Football Federation (SAFF) have announced a new five-year production partnership with IMG, a global sports, events, and representation company, for the Roshn Saudi League (RSL), King’s Cup, and Saudi Super Cup, starting from the 2024-25 season.

     
  • Saudi Arabia combats desertification while also reforesting coasts
     

    The National Center for Vegetation Cover Development and Combating Desertification (NCVC) of Saudi Arabia was established in 2014 by the Council of Ministers to manage and invest in the country’s vegetation cover and combat desertification.

     
  • GCC Population grows 7.3% to 57.6 million
     

    According to recent statistics released by the GCC Statistical Centre, the total population of the Gulf Cooperation Council (GCC) countries witnessed a significant increase of 7.3% in 2023 compared to 2021, reaching 57.6 million.

     
  • With transfer season underway Saudi Professional League evolves strategy
     

    The SPL has shifted from last year’s extensive talent acquisition—where 97 players were signed—to a more strategic approach this season. The Saudi transfer window opened on July 18 and will close on September 2, aligning with European leagues. This change indicates a focus on filling specific gaps and enhancing overall team quality rather than a […]

     
  • KSA sets air traffic records
     

    Saudi Arabia has witnessed remarkable growth in its air traffic during the first half of 2024, according to the General Authority of Civil Aviation (GACA). The Kingdom has reported a significant growth in passenger traffic, flights, air cargo, and connectivity.

     
  • Aquaculture in KSA
     

    Saudi Arabia’s aquaculture sector has witnessed remarkable growth in recent years, with production increasing by 400% between 2015 and 2022. This rapid expansion can be attributed, in part, to a concerted effort from public and private stakeholders to bolster food security in the region, improve economic diversification, and reduce overreliance on food imports.

     
  • NASA Signs US, Saudi Arabia Agreement for Civil Aeronautics, Space Collaboration
     

    The United States and Saudi Arabia signed a framework agreement that opens new possibilities for cooperation with NASA in areas such as space science, exploration, aeronautics, space operations, education, and Earth science. NASA Administrator Bill Nelson signed on behalf of the U.S., and CEO of the Saudi Space Agency Mohammed bin Saud Al-Tamimi signed on behalf […]

     
  • World Bank Lauds KSA for Breakthrough Pension Reforms
     

    Saudi Arabia took a big leap forward in transforming its pension system with the recent announcement of comprehensive reforms, designed with support from the World Bank, aimed at enhancing income protection during old-age, but also promoting gender equality. 

     
  • Buy Now, Pay Later (BNPL) services on the rise in Saudi Arabia
     

    In a recent study, Redseer Strategy Consultants shared that the use of Buy Now, Pay Later (BNPL) services is on the rise in the Middle East. The UAE and Saudi Arabia outscored their regional peers. 

     

MUST-READS

  • Noor Riyadh 2023, the annual festival of light and art in Saudi Arabia, announces dates and themes for its third edition

    Noor Riyadh Festival returns for its third edition, which will feature over 120 artworks by more than 100 artists across five hubs in the capital of Saudi Arabia, from November 30 to December 16 The festival features local and international artists and offers diverse workshops, thought-provoking seminars, and stimulating artistic discussions.

  • Biden gives Saudi Crown Prince Mohammed a hearty handshake a year after an awkward fist bump moment

    Biden warmly greeted Saudi Arabia’s de facto leader, Mohammed bin Salman, after they appeared together along with several other leaders at the Group of 20 summit Saturday in New Delhi. The leaders had gathered to announce an ambitious plan to build a rail and shipping corridor linking India with the Middle East and Europe.

  • First Saudi woman to participate in international beauty pageant: ‘Believe in God, in yourself, set a goal, and everything will come to you’

    Rahaf Al-Harbi became the first Saudi contestant at the Miss Europe Continental pageant in Napoli last year, an experience that brought her widespread recognition and prompted the fashion industry to take her more seriously, she told “The Mayman Show.” Al-Harbi said it was difficult to be accepted into the competition, as one of the prerequisites was prior experience in similar local and regional activities, which did not exist in Saudi Arabia at the time. Now, she has bigger ambitions.

  • Saudi Acwa Power signs hydrogen agreement with Italian partners

    The Saudi-listed Acwa Power developer and investor in power generation signed a Memorandum of Understanding (MoU) with Italian energy major Eni and five other Italian companies to bolster cooperation in renewable hydrogen, as well as water desalination. The agreement was reached on the sidelines of the Saudi-Italian Investment Forum held in Milan on 4 September. Under the terms of the MoU, Eni and ACWA Power will cooperate in renewable hydrogen research and development of sustainable technologies.

  • 8.76 kg of methamphetamine seized as Saudi customs officers thwart two smuggling attempts

    Saudi customs officers have thwarted two separate attempts to smuggle 8.763 kilograms of methamphetamine in the Kingdom, the Zakat, Tax and Customs Authority (ZATCA) said on Monday. In the first incident, 6.497kg of methamphetamine was seized from a car crossing into the Kingdom through the Al-Bathaa bordering crossing on the UAE border. The contraband was found hidden inside a roof cavity of the car. Meanwhile, 2.266kg of methamphetamine was found hidden in the luggage of a passenger arriving at King Khalid International Airport in Riyadh.

  • Chart: Where People Live in Extreme Poverty

    The place where the highest share of people continue to live in extreme poverty is Sub-Saharan Africa. As of 2019, the latest year available with the World Bank, more than a third of people in the region lived below the international poverty line (currently defined as subsisting on $2.15 per day). Some of the countries most affected by this were Madagascar, Malawi, the Democratic Republic of the Congo and South Sudan.

  • Saudi foreign minister meets Tunisian counterpart 

    Saudi Foreign Minister Prince Faisal bin Farhan on Sunday met with Tunisian Minister of Foreign Affairs, Migration and Tunisians Abroad Nabil Ammar in Riyadh.

  • Team Saudi participates in the Asian Games with 19 sports

    Team Saudi is participating in the 19th Asian Games (Hangzhou 2022), hosted by the Chinese city of Hangzhou, from September 23 to October 8, with more than 12,000 male and female athletes representing 45 Asian countries. The games will see the participation of 193 male and female athletes who will compete in 19 events, namely football, basketball 5×5, handball, athletics, equestrian, darts, fencing, shooting, rowing, weightlifting, boxing, taekwondo, jujitsu, karate, kurash, Table tennis, tennis, golf, and electronic sports.

  • Libya’s foreign minister fired after meeting Israeli counterpart 

    Libya’s Foreign Minister Najla al-Mangoush has been dismissed from her post after she met her Israeli counterpart in Italy last week. Her dismissal, first reported by Al Jazeera, comes after she was suspended from her role on Sunday and shortly afterwards fled the country and headed to Turkey. There is also mounting pressure on the Libyan government to explain how Mangoush left Libya when she was on a list of people barred from leaving the country pending the conclusion of an investigation.

  • Saudi Arabia Investment Is Increasing In US-Based Startups

    Earlier this month, U.S.-based networking startup Nile announced a large $175 million Series C co-led by March Capital and Saudi Arabia sovereign wealth fund Sanabil Investments. That was followed this week by Houston-based Axiom Space locking up a $350 million round led by Saudi Arabia’s Aljazira Capital — its first investment in a U.S.-based startup, per Crunchbase data — and Korean health care company Boryung Pharmaceutical. Although the two rounds may not seem to have much in common, they do share something — they illustrate the growing appetite Saudi Arabia-based investors have in U.S. startups.