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KSA Climbs to 16th in World Competitiveness Ranking
- June 19,2024
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- SUSTG Team
Saudi Arabia advanced to 16th place in the World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development. Saudi Arabia ranked fourth among the G20 countries, supported by improved business legislation and infrastructure.
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The 966 Episode #131, How growing Saudi sports participation is impacting Saudi fashion, with Reiting Lee, Founder, The Oriental Hybrid
- June 17,2024
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- SUSTG Team
Reiting Lee, fashion strategy consultant and experienced brand specialist joins The 966 and host Richard Wilson for a fascinating Episode #131 to discuss how booming Saudi sports participation is impacting the fashion sector, particularly sportswear and athleisure.
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Hajj 2024 in numbers: Annual pilgrimage draws over 1.83 million worshipers
- June 17,2024
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- SUSTG Team
Saudi Arabia’s General Authority for Statistics (GASTAT) released the official figures for this year’s Hajj season.
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Eid Mubarak from The SUSTG Review, SUSTG Weekend and The 966
- June 13,2024
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- SUSTG Team
The Saudi-US Trade Group which produces the SUSTG Review, SUSTG Weekend and The 966 podcast wishes peace, happiness and health to all on the occasion of Eid Al-Adha 2024 (1445 AH)
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Zelensky meets with Crown Prince in Jeddah
- June 13,2024
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- SUSTG Team
Ukrainian President Volodymyr Zelensky met with Crown Prince Mohammed Bin Salman during an unannounced visit to Jeddah this weekend.
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ACWA Power plans $1.9 Billion Stock Sale
- June 12,2024
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- SUSTG Team
Saudi Arabia’s ACWA Power Co. is planning to raise $1.9 billion by issuing stock to existing shareholders, capitalizing on a sixfold increase in its share price since a 2021 listing.
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Saudi car imports spike in 2023
- June 11,2024
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- SUSTG Team
Saudi Arabia’s car imports grew to 93,300 vehicles in 2023, up from 66,900 the previous year. Japan, India, South Korea, US, and Thailand are the leading exporters of cars to Saudi Arabia.
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Aramco Share Sale Attracts Foreign Investors
- June 10,2024
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- SUSTG Team
Aramco’s recent share sale attracted over $65 billion in orders, exceeding expectations with foreign investors estimated to hold around 60% of the shares sold, a significant increase from Aramco’s 2019 IPO.
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MENA’s Renewable Energy Promise
- June 6,2024
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- SUSTG Team
Saudi Arabia and other GCC countries are in a position to become, “not just a major source of renewable energy, but also a central and indispensable player in the global energy transition, uniquely able to balance supply and demand for all types of energy, both hydrocarbons, and renewables.”
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Saudi Professional League, 2023-24 Season by the Numbers
- June 5,2024
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- SUSTG Team
Saudi Arabia’s professional football league, the Roshn Saudi League, concluded it’s 2023-24 season with a number of records smashed and new benchmarks reached.
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MUST-READS
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Saudi Arabia is poised to establish more smart industrial zones
The first edition of the Global Smart City Forum 2024 concluded in Riyadh on Tuesday with a revelation that Saudi Arabia is poised to create more smart industrial zones. The two-day forum saw several deliberations focusing on the future of smart cities and the challenges facing their infrastructure. The forum stressed the importance of integrating smart energy solutions for a sustainable future. It was revealed in the forum that the smart industrial zones would have great opportunities for the future in the fields of manufacturing and mining.
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Saudi Arabian women and collective memories: a discussion with artist Manal AlDowayan
Saudi Arabian artist Manal AlDowayan used to hate the word feminist. “I thought feminism was created for white, Western women, and their language didn’t include me,” she told me recently. Her work spans the range of photography, video, sound, sculpture and participatory practice. It is usually themed around the limitations and pockets of freedom that Saudi women have, as well as interrogating traditions, and collective memories. This has caused the art public to look at her as a feminist artist, and that’s also why her statement is quite surprising. “I think my grandmother was a feminist,” she clarified quickly. “Not through her sexual conduct or the way she dressed. Just by her resilience. She was a strong woman. Her husband died early and she had to raise 10 children alone. All of them became successful in their own right. She was amazing.”
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Saudi Arabia’s first college of arts launched in Riyadh
In a strategic partnership with King Saud University in Riyadh, the Ministry of Culture has inaugurated the university's College of Arts, marking the first Saudi institution dedicated to arts education in the Kingdom. The launch ceremony, held at the university's theater on Sunday, was attended by Deputy Minister of Culture Hamed Fayez, University President Dr. Badran Al-Omar, and various cultural and arts enthusiasts from across the Kingdom.
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Saudi Arabia accelerates digital economy growth through Nvidia partnership
The Kingdom’s Minister of Communications and Information Technology Abdullah Al-Swaha's meeting with Nvidia CEO Jensen Huang aims to support and strengthen the region’s digital economy, particularly in Saudi Arabia, recognized as the largest market for technical innovation in the Middle East and North Africa.
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Desert X AlUla 2024: Exploring Unseen Art in Saudi Arabia’s Desert Region from February 9 to March 23
Desert X AlUla will open its latest exhibition themed “In the Presence of Absence,” from February 9th to March 23rd, 2024. Featuring 15 commissioned artworks that explore the unseen, the festival takes place bi-yearly in the desert region of Saudi Arabia. This edition of Desert X AlUla is curated by Maya El Khalil, renowned for her art advisory and MENA-focused curation, and Marcello Dantas, an award-winning curator known for his interdisciplinary practices. Returning for its third edition, Desert X AlUla 2024 invites artists to engage with the landscape, nature, and heritage of AlUla. The exhibition aims to position AlUla as the hub for monumental art experiences in the region. This year’s theme, “In the Presence of Absence,” challenges the concept of deserts as “empty spaces.” Artists worldwide are encouraged to investigate conceptual ideas of the invisible, engaging in a dialogue with AlUla’s environment.
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Lockheed Martin strikes subcontractor deals in Saudi Arabia for local THAAD parts production
"There are currently only two production lines for these products: the original production line in the US, and now an additional source of supply here in the Kingdom," Lockheed Martin's vice president and general manager of Integrated Air and Missile Defense, Jason Reynolds told Breaking Defense.
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AlUla Arts Festival turns Saudi Arabia’s ancient city into open-air, living museum
The AlUla Arts Festival will transform Saudi Arabia’s ancient city into a place of creative inspiration and cultural exchange, turning it into an open-air living museum, AlUla Moments announced. Running from February 9 to 24, the multi-form arts festival returns for the third time with a program that features flagship events, immersive exhibitions, and creative initiatives for a city-wide celebration of all things art.
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Saudi Arabia among first to start pavilion build for Expo 2025 Osaka
Saudi Arabia has begun constructing its pavilion at the Expo 2025 Osaka site on Yumeshima Island, making it among the first nations to do so. The design reflects the Kingdom’s history, culture and current economic transformation. The ceremony on Jan. 31 to announce the construction was attended by government delegates from Japan, and officials from other nations participating in Expo 2025 Osaka. Saudi Arabia’s delegation at the ceremony was led by Othman Almazyad, commissioner-general for the Kingdom’s Expo 2025 Osaka.
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South Korea’s stunning comeback breaks Saudi Arabian hearts
It was a case of so near yet so far for thousands of Saudi Arabia fans, whose team faltered in the penalty shootout in their round-of-16 match against South Korea and were knocked out of the AFC Asian Cup 2023. South Korea booked a quarterfinal date with Australia as their dogged display saw them win 4-2 on penalties after the match ended 1-1 following extra time at the Education City Stadium on Tuesday night.
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Riyadh Art: Transforming Saudi Arabia’s Capital
But Riyadh Art is more than just visual appeal; it's a force for societal transformation. By fostering inclusivity and nurturing a dynamic creative community, it enriches lives, inspires creative expression, and fuels a vibrant creative economy. As the city's walls come alive with colorful narratives, residents and visitors alike find joy, forging a sense of shared identity and civic pride.
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