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  • Saudi artist wins global recognition for work celebrating GCC Summit

    Basma Al-Balawi’s piece depicting the history of AlUla has been the talk of social media since Gulf leaders signed a normalization agreement at the conference to end a three-year rift with Qatar. Twitter users in the Gulf region widely shared images of the artwork which celebrated the important summit meeting.

  • Nokia and Zain KSA smarten up Saudi homes and offices with 5G-powered FWA and Wi-Fi 6

    Nokia today announced an expansion of its strategic 5G partnership with Zain KSA to rollout 60,000 FastMile 5G Gateway 3.1 with eSIM across Saudi Arabia over the next 12 months. The gateways will deliver stronger signal, better connectivity and ultra-high data speeds to every corner of homes and offices in the Kingdom. The move allows Zain KSA to support smart home and office adoption in the country with enhanced connectivity for smart devices through 5G and Wi-Fi 6, which altogether guarantees an improved customer experience.

  • Why Public-Private Partnerships are the key to transforming the Saudi economy

    A variety of new projects have been launched on the market over the last few years, including a number of renewable energy projects, water and waste-water projects, schools, hospitals, diagnostic centers and ports. The National Centre for Privatization and PPP, which is a government body mandated to enable the program, lists 11 transactions currently within its remit that have closed, 18 that are under tender and 34 that are under preparation, Armsby said.

  • How much time do Saudis spend on their smartphones?

    He pointed out that the number of users of social media in Saudi Arabia reached 25 million, while the number of phone users reached 44 million in 2020, due to the fact that some people own two or more devices. According to Al Qarawi, out of the world population of 7.75 billion people, 4.54 billion use the internet, 5.19 billion use phones, and 3.80 billion use social media.

  • HR Ministry moves to allow quarterly payment of expat levy and iqama fee

    The ministry will review the issue of financial compensation and government fee on expatriate workers and likely to reset them on a quarterly basis instead of the yearly basis, Al-Mojel said, adding, that this will solve many problems facing the private sector firms.

  • Strategic Partnership Agreement to Bolster Saudi Non-Oil Exports

    The cooperation agreement includes contributing to developing non-oil exports, promoting national products in international markets, enhancing and stimulating the export environment, overcoming the obstacles facing Saudi exporters, building strategic partnerships and a distinguished relationship, as well as empowering Saudi exporters through Saudi foreign business councils and visiting trade delegations.

  • US clears sale of AH-64Es to Kuwait, smart bombs to Saudi Arabia

    The US government has cleared four potential Foreign Military Sales (FMS) to Egypt, Kuwait, and Saudi Arabia. The four FMS cases were posted by the Defense Security Cooperation Agency (DSCA) on 29 February.

  • Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Saudi Arabia’s National Commercial Bank

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a settlement with the National Commercial Bank (NCB), a bank headquartered in Jeddah, Saudi Arabia. NCB agreed to remit $653,347 to settle its potential civil liability for 13 apparent violations of the Sudanese Sanctions Regulations, or section 2(b) of Executive Order (E.O.) 13582 of August 17, 2011, “Blocking Property of the Government of Syria and Prohibiting Certain Transactions With Respect to Syria."

  • STC to invest up to $500 mln in cloud services with partners

    Saudi Telecom Company (STC) will invest up to $500 million over five years in cloud services in partnership with eWTP Arabia Capital fund and Alibaba Cloud company, STC said in a tweet on Monday.

  • Google, Aramco partner for Saudi Arabia’s $10 billion cloud market

    Google will open a “cloud region” where it can provide its cloud services in Saudi Arabia via a joint venture with state-owned oil producer Saudi Aramco, as Covid-19 prompts a landmark acceleration in digital adoption across the Gulf. “The collaboration taps into rapidly expanding cloud services demand in Saudi Arabia, which is forecast to reach a market opportunity up to $10 billion by 2030,” Aramco said in a statement on Monday.