SUSTG.com / Research

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

Recent stories from sustg

MUST-READS

  • Wizz Air says to expand fleet, sees good growth in Middle East

    European budget carrier Wizz Air (WIZZ.L) is planning to grow its fleet to above 200 aircraft next year and 500 aircraft by 2030, the company said on Tuesday, adding that its expansion in the Middle East offered opportunities. Wizz Air President Robert Carey told a news briefing that the core growth in coming years would still come from Central and Eastern Europe, adding that in the West "we are happy with where we are now."

  • Air India expansion stirs tension over airline flying rights

    Tensions over plans to transform Air India into a global airline with hundreds of new jets rippled across the aviation sector on Tuesday as foreign carriers clamoured for more access to the world's fastest-growing economy. Prime Minister Narendra Modi's government faces growing demands to ease a near-freeze on capacity that can be deployed on many routes to and from India, now that India's flag carrier has been sold to the cash-rich Tata conglomerate.

  • The IMF is disbursing its first-ever wartime loan to Ukraine

    The Ukrainian authorities and the IMF yesterday (Mar. 21) reached a staff-level agreement for a new 48-month Extended Fund Facility (EFF) arrangement for 11.6 billion Special Drawing Rights (SDR), the monetary reserve currencies created by the IMF, which translates to around $15.6 billion.

  • Jeddah, Saudi Arabia Is Experiencing a Cultural Renaissance

    After thriving for centuries as a gateway for maritime trade, the coastal Saudi city of Jeddah is now offering its international visitors an entirely different reason to explore its shores: the cinema. From its founding as a fishing village some 2,500 years ago to its 7th-century transformation into a gateway to trade and the sacred cities of Makkah and Al Madinah, Jeddah’s strategic location has ensured its role as an ever-growing commercial hub for the region. Today, as the Kingdom opens its borders to visitors, it’s coming into its own as an international destination.

  • Jeddah, Saudi Arabia Is Experiencing a Cultural Renaissance

    With major changes in public funding and legislation, Jeddah is undergoing a major transformation, positioning itself to become the Cannes of the Middle East. There’s an abundance of ways film-loving travelers can catch a glimpse of what’s to come for this coastal metropolis.

  • NEOM’s first hydrogen fueling station to be built by Air Products

    Industrial gas company, Air Products has announced that one of its key units, Air Products Qudra, has signed an agreement with Enowa, the energy, water and hydrogen subsidiary of NEOM, for the construction and operation of the first hydrogen fueling station within the mega futuristic city. Air Products Qudra is the regional development and investment joint venture between US-based Air Products and Qudra Energy, a subsidiary of Vision Invest.

  • What chicken feet tell us about daily life in Egypt

    The latest nutritional advice from the state suggested cooking up some chicken feet - a protein-rich part of the bird usually reserved as scraps for dogs and cats. This recommendation has sparked anger and intensified criticism of the government. Many countries are battling soaring inflation but running at just over 30% in March, Egypt is one of those suffering the most.

  • Has Airbus Missed Out on the Saudi Arabia Market?

    The answer to this question is not from the narrowbody perspective. For those that may not remember, back in the Paris Air Show in 2019, SAUDIA placed an order for up to 100 NEO aircraft. This came following an additional order of which 15 of the aircraft would convert into A321XLRs for long-haul travel. From a long-haul perspective, this has effectively been covered by Boeing, so SAUDIA has got its plans now set for 250 aircraft by 2030.

  • Saudi Arabia invited Iran’s President Raisi to visit, Tehran says

    A senior Iranian official, Mohammad Jamshidi, tweeted about the invitation to visit the Saudi capital, Riyadh, saying Mr Raisi had welcomed it and "stressed Iran's readiness to expand co-operation". Separately, Iran's Foreign Minister Hossein Amir-Abdollahian told reporters that the two countries had agreed to hold a meeting at foreign minister level, and that three possible locations had been proposed.

  • Kuwait reveals electricity, water bills to increase by 50%: Report

    Kuwait’s electricity and water ministry will increase electricity and water tariffs by 50 percent this year, according to an executive study, sources told Kuwait Times.