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Recent stories from sustg
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Inaugural World Defense Show in Saudi Arabia Produces Results in Saudi’s Localization Drive for U.S. Companies
- March 7,2022
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- SUSTG Team
Saudi Arabia is hosting its first ever major defense show as industry giants from around the world assemble in Riyadh to display the latest in military tech — and pitch for lucrative opportunities as Saudi Arabia seeks to localize much of its defense industry production.
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Top PGA Tour Golfers Balk at Saudi-backed Super Tour, Dealing Blow to Organizers
- February 21,2022
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- SUSTG Team
Many of the top golfers in the world are saying “no” to joining a Saudi-backed rival to the U.S.-based Professional Golfers Association (PGA) tour.
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Report: Staggering Estimated Cost of Air Pollution for the Middle East Reaches $141 billion a Year
- February 9,2022
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- SUSTG Team
Air pollution is costing the Middle East and North Africa (MENA) region countries as much as 2% of total economic output per year, a World Bank report said, which said that MENA nations should curb fossil-fuel subsidies, provide cleaner transport and create markets for emissions.
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Overwhelming Interest in Saudi Security Company Elm’s IPO; Institutional Investors 69.5x Oversubscribe
- February 1,2022
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- SUSTG Team
Elm, a digital security firm owned by Saudi Arabia’s Public Investment Fund, drew $57 billion in orders for its IPO from institutional investors, according to Bloomberg, in what appears to be the latest evidence that the appetite for middle east stocks continues to run strong.
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Report – Global Islamic Funds Market has Grown by More than 300% Over the Last Decade
- January 27,2022
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- SUSTG Team
The global Islamic funds market has grown by more than 300% over the last decade to nearly reach $200 billion in assets under management, according to a new report from the Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) as reported in Reuters.
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Saudi Arabia’s Stock Market Holds Near 15-Year Highs; Goldman Sees Saudi as Region’s Busiest in 2022
- January 24,2022
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- SUSTG Team
Saudi Arabia’s benchmark index is holding steady at 15-year highs despite breaking a 10-day positive streak on Sunday, the first day of trading for the week.
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Goldman Sachs is ‘Extremely Bullish’ on Commodities Amid Potential Decade-Long ‘Supercycle’
- January 6,2022
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- SUSTG Team
Goldman Sachs’s global head of commodities research Jeff Currie told Bloomberg today in a televised interview that the bank is “extremely bullish” on commodities amid a supercycle that has the potential to last for a decade.
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The 966 Talks Energy, Renewables, and Climate with Energy Expert Kate Dourian
- January 5,2022
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- SUSTG Team
The 966’s introduces its first topical discussion format with energy expert Kate Dourian, non-resident fellow at the Arab Gulf States Institute in Washington and contributing editor at MEES, the Middle East Economic Survey. Kate is also a former editor and veteran journalist covering energy and more in the region for Reuters and Platts. Kate joins […]
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Facing Omicron Variant Surge, Saudi Arabia Steps Up Precautions, Increases Vaccine Requirements
- December 30,2021
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- SUSTG Team
Wasting no time in attempting to get ahead of the Omicron variant of the Coronavirus, Saudi Arabia moved forward with new rules and requirements aimed at protecting people within the Kingdom’s borders – and the Saudi economy.
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Part 2 – The 966 Exclusive Interview with Fahad Nazer, Spokesperson for the Saudi Embassy in Washington, D.C.
- December 20,2021
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- SUSTG Team
The 966 features an exclusive, two-part interview with Fahad Nazer, spokesperson for the Saudi embassy in Washington. In Part 2 of the interview, the hosts ask Mr. Nazer about a wide range of issues, including about Saudi Arabia’s students in the United States, Iran, Saudi Arabia’s relationship with Israel. The hosts also ask Fahad a […]
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MUST-READS
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Women DriversTaxi app signs up 1,000 new women drivers in Saudi Arabia
The new drivers have been hired by Careem, a UAE-based ride hailing company with millions of users in neighbouring Saudi Arabia.
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Saudi WomenSaudi women should not have to wear abaya robes, senior cleric says
A senior religious cleric said women should not be forced to wear abayas — the full-length robe that women don in public to cloak their bodies.
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Women's RightsSaudi Arabia Feminist Activist Detained as Country Claims It Is Increasing Women’s Rights
Human rights activist Noha al-Balawi, who is based in Tabuk, Saudi Arabia, has been held in detention for 17 days and could be imprisoned for up to five years for advocating for women’s rights on social media, activists say.
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Women in Sports‘Fight like a girl’: Meet the female kickboxer empowering Saudi women
Despite its image, though, normal Saudis have always had more fun and enjoyed a more liberal lifestyle than outsiders assume.
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Saudi WomenSaudi women join the workforce
Ghazwan, 30, who has a master's degree in food safety management, is the manager of a Starbucks branch located in the Riyadh head office of Alshaya Company, which operates the franchise of the American brand in the Middle East.
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Women EmploymentSaudi authorities surprised after 107,000 women apply for 140 jobs
The Saudi General Directorate of Passports has said that it was surprised to receive 107,000 job applications from female nationals in one week.
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Women in the WorkforceSaudi female prosecutors to be recruited to protect women’s privacy
Women prosecutors will be recruited to the same positions as their male counterparts, Saudi Arabia’s Attorney General Sheikh Saud Al-Mojeb has said. Responding to questions from Arab News, Al-Mojeb said jobs recently offered to women were meant to protect women’s privacy in issues that required female investigators.
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Women in SportsSaudi Arabia at Arab Women Sports Tournament
Taking place in Sharjah, February 2-12, 70 clubs from 17 countries in the region will compete in nine Olympic sports. Saudi Arabia will participate in most of the activities, with appearances from Green Jeddah Club for table tennis, Princess Nora University Club in athletics, Jeddah United Club in basketball, Saudi Arabian Fencing Federation Club in fencing, and Karate.
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Women in the Arts‘Connected To The Whole Universe’: Saudi Women Artists Show Their Work In The U.S.
"Not everything in Saudi Arabia is black and white," says photographer Dina Alhamrani, one of 11 Saudi artists whose work is featured in an exhibition this week at the Saudi Embassy in Washington, D.C. The exhibition, called "Women's Point of View," features the creations of students and recent graduates in visual communications from Jeddah's all-female Dar al-Hekma University.
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Driving Ban LiftedRoad To 2030: The Economic Impact Of Women Driving In Saudi Arabia
An immediate effect from allowing women to drive is the new market for women drivers. There are estimates that out of the country’s 30 million people, there are more than eight million women aged 15-54 in Saudi Arabia, with a combination of both Saudis and expats, who will be eligible to drive. This means that various automotive companies will potentially have a new massive market to sell their vehicles, as well as those in the auto supply chain.
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