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Gallup Poll Finds Palestinians Lack Faith in Biden, Two-State Solution
- October 18,2023
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- SUSTG Team
Hamas’ killing of an estimated 1,400 Israelis — the vast majority being civilians killed in their homes — has been followed by another humanitarian crisis in Gaza. Already, as many as 3,000 Palestinians have been killed in Israeli retaliatory bombing, as a potential Israeli ground invasion appears imminent. Even before the latest chapter in the conflict, Palestinians’ […]
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Watch Saudi Arabia’s Crown Prince Mohammed bin Salman’s Interview with Fox News’ Bret Baier
- September 21,2023
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman sat down with Fox News journalist Bret Baier for a wide-ranging interview – his first in English with an American television network.
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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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IMF Launches New Regional Office in Saudi Arabia
- April 25,2024
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- SUSTG Team
The goal of the new office is to strengthen the IMF’s collaboration with governments and institutions in the Middle East including promoting economic stability, growth, and regional integration. It also underscores the growing economic importance of the region.
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The evolution of Saudi Arabia’s public diplomacy with Rayan Alyusufi
- January 15,2024
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- SUSTG Team
The 966 speaks with Rayan Alyusufi, a young Saudi researcher in public diplomacy and international communication to discuss the Kingdom’s public diplomacy, “sharp power,” and evolution of Saudi as an emerging diplomatic player. Rayan is a PHD Candidate at Bournemouth University in the United Kingdom.
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Goldman Sachs Research Report Highlights Saudi Investment to Transform Economy, Says Efforts are Showing Results
- October 19,2023
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- SUSTG Team
Saudi Arabia’s focus on diversifying its economy beyond oil is showing results, according to a recent report from Goldman Sachs Research.
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4th Riyadh Season Unveils New Logo and Theme Ahead of Launch; New Zone Created Called ‘Boulevard Hall’
- September 20,2023
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- SUSTG Team
Saudi Arabia’s General Entertainment Authority (GEA, revealed a new logo and identity for the fourth edition of “Riyadh Season,” set to launch on October 28 under the banner of “BigTime.”
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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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Saudi’s Regional Headquarters Program Moves Forward
- April 24,2024
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- SUSTG Team
In February the Zakat, Tax and Customs Authority published guidelines specifying RHQ tax rules. Under the new rules, specific activities qualify for tax incentives. The new RHQ tax rules aim to clarify the scope and conditions of tax relief for RHQ entities, as announced by MISA in December 2023.
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Saudi Arabia Invites Developers for 3.7 GW of Solar Projects
- January 16,2024
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- SUSTG Team
Saudi Arabia is seeking to award four solar projects with a combined capacity of 3.7 GW as part of the fifth round of its National Renewable Energy Program (NREP), with the Saudi Power Procurement Company (SPPC) opening the qualification process for companies interested in the development of the four projects, according to a report in renewablesnow.com.
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MUST-READS
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YemenThe Yemeni E-rial: A Digital Projection of Monetary Authority
Rather than streamline and improve access to the country’s financial system, the e-rial adds new layers of complexity to the country’s financial market and increases opportunities for intermediaries to exploit distortions in the economy. Yemenis are flocking toward hard currencies, such as Saudi riyals and U.S. dollars, as the Yemeni rial continues to depreciate.
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DigitalisationThe digital revolution requires a skills revolution: PwC Middle East publishes results of survey on technology, jobs and skills
While 75% of workers surveyed in the GCC believe automation will significantly change or make their job obsolete within the next ten years (vs. 53% globally), the majority, 82% (61% global) were positive about the impact of technology on their day-to-day work. But only 23% are learning new skills through their employer to better understand or use technology (33% global).
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Shadh AttarTheFace: Shahd Attar, Saudi digital transformation consultant
My career formally started at Cisco, a global leader in networking solutions. It was a dream come true to me. Reality hit me very quickly when there were not many other women around, especially after graduating from an all-girls school.
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Saudi-ChinaChinese e-commerce firm leads in promoting Saudi digital economy
"There is great collaboration currently between Saudi Arabia and China, especially when it comes to information and communications technology," Ahmed Al-Thenayan, deputy minister of Saudi Ministry of Communications and Information Technology (MCIT) told Xinhua in an interview on Wednesday.
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Vision 2030Saudi Arabia’s Digitalization Drive
The digitization journey has still major challenges such as digital identity and e-government services. Empowering the citizens with a full digital identity is a required step to accelerate digitization.
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EntrepreneurshipSaudi Arabian digital grocery firm Nana gets new capital injection
Middle East Venture Partners (MEVP) and Impact46 have invested in Nana Direct, a major online grocery buying and delivery platform serving 13 cities across Saudi Arabia. The $6.6 million (Dh24.2m) deal marks the debut investment for the partnership between MEVP, a Middle East-focused venture capital company that invests in the early and growth stages of companies, and Impact46, an asset manager in Riyadh focused on tech space. Other investors include Watar Partners, Saudi Venture Capital (SVC) and Wamda Capital.
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TelecomSaudi telecom regulator oversees competition reform and hosts digital spectrum sale
The strategic programmes, under its Vision 2030 agenda and the supporting National Transformation Programme 2020, are aimed at enhancing fixed and wireless broadband network expansion and digital transformation as well as creating business opportunities for service and network infrastructure providers.
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Digital TransformationThe Political Ramifications of the Gulf’s Digital Transformation
Artificial intelligence, blockchain, and financial technology, or fintech, are now viewed as promising pathways toward alleviating cost and budget pressures and supporting economic diversification.
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Digital TransformationVision 2030 enables Saudi Arabia’s public sector to drive digital transformation
Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods to effectively deal with citizens providing them convenience and transparency of government services.
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TrukkinSaudi digital logistics solutions for long-haul trucking services on the rise
Trukkin is one of several startups gaining global recognition in the new industry. In 2018, a Wall Street Journal headline noted that China’s Truck Alliance, a truck hailing company, was on course for a for $10 billion valuation. Blackbuck, India’s largest trucking platform, was named CNBC’s 2018 Startup of the Year reaching unicorn status in 2019
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