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Recent stories from sustg
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Todd Albert Nims, traction on green hydrogen, a $1 trillion economy and much more in The 966 Episode 69
- December 23,2022
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- SUSTG Team
Episode 69! Merry Christmas and happy holidays to our subscribers and listeners who celebrate. The 966 hosts kick off the second annual “Christmas spectacular” with a discussion of green hydrogen and news that Germany may be on of Saudi Arabia’s first big customers, and a discussion of Saudi Arabia as a $1 trillion (!) economy. […]
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Saudi Arabia’s PIF Buys 30 Percent Stake in Cooling Company Saudi Tabreed
- December 21,2022
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has reportedly acquired a 30% stake in Saudi Tabreed, a leading cooling services provider in Saudi Arabia, according to a report in Bloomberg and Reuters.
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NEOM’s Green Hydrogen Facility, Set to Be World’s Largest, Gets Financing Agreements with Banks, SIDF
- December 19,2022
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- SUSTG Team
NEOM’s Green Hydrogen Company (NGHC), an equal joint venture created by ACWA Power, Air Products, and NEOM which will create the world’s largest green hydrogen plant, has inked facility agreements with local, regional, and international banks and Saudi Arabia’s SIDF to finance the construction of the plant, according to reports.
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Jadwa Chartbook: Saudi Arabia’s Growth Streak Continues with Non-Oil PMI Increasing on ‘Higher New Orders and Business Optimism’
- November 30,2022
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- SUSTG Team
Saudi Arabia’s economy continues its streak of growth with positive data points in key areas like non-oil PMI, consumer spending, and point of sale transactions, according to the latest monthly chartbook released by Jadwa Investment.
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Saudis Celebrate Historic Win Against Argentina at Qatar World Cup with National Holiday
- November 23,2022
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- SUSTG Team
Saudi Arabia’s King Salman bin Abdulaziz declared Wednesday as a public holiday after the Saudi soccer team beat Argentina in the World Cup on Tuesday in a thrilling and historic upset that will long be remembered and celebrated by Saudis.
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Saudi Arabia Announces 66 New Initiatives as Part of Environmental Action Plan at COP 27
- November 8,2022
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- SUSTG Team
Saudi Arabia has announced 66 new initiatives as part of its environmental plan at the UN global climate change summit taking place in the Egyptian resort town of Sharm El-Sheikh, according to reports.
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2022 Global Cities Report finds huge leap in Riyadh’s Cultural Experience
- October 31,2022
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- SUSTG Team
Leading management consulting firm Kearney released its 2022 Global Cities Report assessing 156 cities around the world around the world across five dimensions: business activity, human capital, information exchange, cultural experience, and political engagement.
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Saudi Aramco Launches Sustainability Fund with $1.5b in Capital
- October 28,2022
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- SUSTG Team
Saudi’s state-owned oil company Aramco announced yesterday the launch of a venture capital fund that will focus on sustainability-related projects, according a press release from the company and reports.
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The Red Sea Development Company is Now ‘Red Sea Global,’ and Will Look to Expand Globally
- October 25,2022
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- SUSTG Team
The Red Sea Development Co., known as TRSDC, has rebranded to now be called Red Sea Global (RSG), the company announced during the sixth edition of Future Investment Initiative (FII) in Riyadh on Oct. 25.
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Saudi Arabia’s Crown Prince Mohammed bin Salman Launches National Industrial Strategy
- October 19,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman launched the Kingdom’s National Industrial Strategy, which aims to increase the industrial exports value to 557 billion riyals by 2030 ($148.34 billion), Reuters reports, citing the Saudi Press Agency.
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MUST-READS
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TurkeyPerspective: How Turkey is turning to Russia amid row with US over Syria
The call comes as Turkey is increasingly expressing its displeasure over the Donald Trump administration’s reluctance to allow Ankara to retain a powerful military presence in northeastern Syria, where the Americans’ Kurdish allies are in control.
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TurkeyTurkey conducts largest ever navy drill as tensions rise in Mediterranean
Turkish armed forces began the largest naval exercise in the country's history on Wednesday, with 103 military vessels and thousands of soldiers conducting operations in three seas surrounding the country.
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TurkeyTurkey Faces Crucial Vote on EU Accession Before Local Ballot
On Wednesday, a European parliament committee voted to suspend the years-long talks, which have foundered over Ankara’s human rights record and the centering of power in President Recep Tayyip Erdogan’s hands. A final vote in the parliament’s plenum has not been set, but will take place before the March 31 vote in Turkey, according to the Turkish Foreign Ministry.
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TurkeyTurkey seeks life terms for 16 activists over 2013 protests
Turkey’s state-run news agency says prosecutors have charged a prominent philanthropist businessman and 15 other people with seeking to overthrow the government by allegedly supporting anti-government protests in 2013. Anadolu Agency reported Wednesday that the prosecutors are seeking life prison terms for the all of those indicted. They include businessman Osman Kavala, exiled journalist Can Dundar and actor Mehmet Ali Alabora, who took part in the demonstrations.
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TurkeyTurkey orders 1,112 arrested over links to cleric Gulen – state media
Turkey launched on Tuesday one of its largest operations against alleged supporters of the U.S.-based Muslim cleric accused of leading an attempted coup in 2016, ordering the arrest of 1,112 people, state media reported.
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Intellectual PropertyTurkey and Saudi lead in patent applications in the Middle East
Turkey and Saudi Arabia rank the highest in the Middle East for patent applications according to a report from the World Intellectual Property Organisation (WIPO). Ranking in 22nd place, Turkey filed more than 11,000 patents in 2017, up from 4,200 in 2010, while Saudi Arabia ranked 29th with 4,400 patents, up from 1,100 in 2010. While both countries have experienced a substantial rise, the region still lags behind the rest of the world where intellectual property (IP) is concerned.
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Syrian RefugeesCommentary: A refugee compact for Turkey?
The Syrian crisis is entering its eighth year and shows no sign of ending. More than 3.6 million Syrians have sought refuge in Turkey, which now hosts the largest number of refugees worldwide.
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Khashoggi KillingU.N. Khashoggi investigator seeks more information in Turkey
The U.N. investigator leading the inquiry into the killing of Jamal Khashoggi said in Turkey on Thursday she had not yet received all the information she is seeking, but still hopes to conduct a successful probe.
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TurkeyTurkey in a pickle over Syrian olives
Kurds in Turkey and the Syrian region of Afrin, which Turkey now controls, have accused Turkish forces of stealing the region's olive crops. "After this area fell to the Turkish occupation, thousands of olive trees have been cut down. It has since emerged that they have been stealing the olives," said a commentary in the Turkish Kurdish newspaper Yeni Ozgur Politika last week.
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Jamal KhashoggiUN executions expert to visit Turkey to lead Khashoggi inquiry
A UN expert on executions is to travel to Turkey next week to lead an “independent international inquiry” into the death of Jamal Khashoggi, the Saudi Arabian journalist killed in the Saudi consulate in Istanbul in October.
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