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Recent stories from sustg
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Regional HQ Executives to get Premium Residency Under New Government Scheme to Boost Investment
- October 10,2023
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- SUSTG Team
Saudi Arabia’s Ministry of Investment has developed a mechanism to grant premium residency to executives who base their company’s regional headquarters in the Kingdom, according to reports, in a bid to boost the business environment in the Kingdom and attract more foreign investment.
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Saudi Aramco expands into LNG by buying stake worth $500m in MidOcean Energy
- September 29,2023
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- SUSTG Team
Saudi Aramco, the world’s largest oil-exporting company, has signed a $500 million agreement to buy a minority stake in liquefied natural gas (LNG) company MidOcean Energy. This is Aramco’s first investment in LNG and is part of the company’s efforts to diversify its activity beyond its core oil business. The strategic partnership enables Aramco to tap into […]
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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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Nusuk pilgrim card launched
- May 3,2024
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- SUSTG Team
With the 2024 Hajj expected to begin June 14, Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah released the Nusuk card by presenting its copy to Indonesian Minister of Religious Affairs Yaqut Cholil Qoumas in Jakarta on Tuesday, April 30, during his official visit to Indonesia.
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Saudi Arabia Condemns Two Deadly “Terrorist” Explosions in Iran; Islamic State Claims Responsibility
- January 4,2024
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- SUSTG Team
Saudi Arabia has condemned two deadly explosions in Iran at a ceremonial procession that killed and injured hundreds and put the region on edge. The explosions struck minutes apart on Wednesday, shaking the city of Kerman, about 820 kilometers southeast of the capital, Tehran.
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Shares of oil and gas driller ADES Holding Climbed Almost 30% above its listing price on its market debut in Riyadh
- October 11,2023
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- SUSTG Team
Shares of oil and gas driller ADES Holding climbed almost 30% above its listing price on its market debut in Riyadh on Wednesday after raising $1.22 billion in an initial public offering last month, according to Reuters.
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As Tourism Sector in Saudi Arabia Soars, Officials Revise Upward Visitor Goals
- September 28,2023
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- SUSTG Team
As the tourism sector continues to outperform in Saudi Arabia, Saudi Arabia’s top officials are revising upward its visitor goals from previously targeted levels which were once considered by some to be unachievable when originally set forth.
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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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10th Saudi Film Festival Underway
- May 2,2024
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- SUSTG Team
The 10th Saudi Film Festival runs May 2-9 at the King Abdulaziz Center for World Culture (Ithra) in Dhahran. Debuting in 2008 this year’s edition has two main themes: Indian cinema and sci-fi films.
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Secretary Blinken to Visit Saudi Arabia on Regional Diplomatic Tour to Contain Regional Spread of Violence
- January 5,2024
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- SUSTG Team
U.S. Secretary of State Antony J. Blinken will travel to the Middle East region this week to “discuss urgent mechanisms to stem violence, calm rhetoric, and reduce regional tensions,” according to a press release from the State Department. The State Department said that Blinken will visit Istanbul, Türkiye; Crete, Greece; Amman, Jordan; Doha, Qatar; Abu Dhabi, the […]
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MUST-READS
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WomenBelgium to send female ambassador to Riyadh
Belgium will become the first nation to send a female ambassador to Saudi Arabia next year, with the government telling public broadcaster VRT that appointing a woman to be its top diplomatic representative in the conservative country will send a “clear signal” about its ideals.
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Hiba TawajiLebanese singer Hiba Tawaji headlines all-female concert in Riyadh, Saudi Arabia: Video
Lebanese singer Hiba Tawaji headlined the concert before a packed audience at the King Fahad Cultural Center in Riyadh.
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Women in Saudi ArabiaI was jailed for 9 days for driving while female in Saudi Arabia. Our activism worked.
The secret police came for me at 2 in the morning. The second knock on the door quickly followed the first. They were loud, hard knocks, the kind that radiate out and shake the doorframe. My 5-year-old son was asleep, but I was awake still, sitting up with my brother.
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Nahed TaherSaudi female banker ties up with fund to deploy $100 billion in kingdom
Nahed Taher, the first female Saudi senior economist at National Commercial Bank and the founder of Gulf One Investment Bank, has set up a joint investment vehicle with the investment arm of one the largest pension funds in the United States that will deploy as much as US$100 billion in capital towards financing projects, leveraging the kingdom’s privatisation agenda.
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Princess Reema bint BandarInto the gym: first Saudi female head of sports should get women exercising
Saudi Arabia's appointment of its first female head of sports should attract more women into gyms and on to sports pitches in a nation where women are not allowed to exercise with men, female sports organisers said on Friday.
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Concert CanceledSaudi Arabia cancels female Egyptian star Sherine’s concert
The General Entertainment Authority said in a statement Sunday that the concert, which had been planned for the end of October to raise money for children with cancer, was cancelled because the event’s organizer failed to apply for a license to hold such an event. Conservatives in Saudi Arabia had launched a Twitter campaign against the concert.
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Saudi Women DriversWhat Overturning the Ban on Female Drivers Means for Saudi Arabia and the World
I spent five more years reporting on activism in Saudi Arabia before I finally understood that, for Huwaider and other social-justice and pro-democracy advocates in the kingdom, their fellow-Saudis have never been the primary intended audience. They were speaking to the world outside.
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Women's Health and FitnessMeet Dona al-Ghamdi, Saudi Arabia’s first female boxing champion
At age 20, Dona Mohammed al-Ghamdi has become the first Saudi girl to bag four international medals in boxing.
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Driving BanSaudi advisory body to tackle female driving ban
The Shura Council is an advisory body of 150 members, including 30 women. Proposals can be discussed if more than 50% of members vote in favour. While the Shura Council cannot pass laws, it can forward legislation to be approved by the king.
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Women in Saudi ArabiaSaudi female inspectors hired to inspect women-only shops in Makkah, Madinah
For the first time in its annals, the Ministry of Commerce (MCI) and Investment successfully conducted field inspections carried out by Saudi women in women-only shops in Makkah and Madinah during the Hajj.
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