SUSTG.com / Research

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

Recent stories from sustg

MUST-READS

  • The toxic dust from Turkey’s earthquakes

    Asbestos, silica, mercury and lead are among thousands of toxins released by the huge earthquakes in February that killed more than 54,000 people in Turkey and Syria. Reuters spoke to a dozen environmental health professionals and experts who said that huge plumes of dust released from demolished buildings are carrying poisons into rivers and plants, lungs and organs, risking serious health problems for years to come.

  • NEOM partners with Getty Images and Unsplash

    Ahead of opening to tourists in 2024, NEOM has partnered with Getty Images and Unsplash, a preeminent global visual content creator and marketplace, to create and distribute an extensive visual library showcasing its diverse and natural environment and giving the world a sneak peek into what they will discover in the years to come.

  • Middle East and Africa attracted more FDI in 2022 than other parts of the world

    Half of all MEA countries experienced an increase in FDI projects in 2022, explained the report, with investments from over 100 countries – of which 71 are outside MEA – have invested in the Middle East alone. Major sources of investments outside of the region include the UK, India, France, and China. The US, UK, India, France, and the UAE have become the top source markets for ME.

  • Bipartisan Congressional committee returns from Middle East

    Congresswoman Elise Stefanik (R-NY-21) has returned from a trip to the Middle East as a member of the House Permanent Select Committee on Intelligence. The bipartisan Congressional group visited Jordan, Israel, and Egypt and met with Israel's Prime Minister Netanyahu, Jordan's King Abdullah II, and Egypt's President el-Sisi, hoping to strengthen relationships in the area.

  • Dubai Reefs: Inside the world’s largest artificial reef megaproject

    Dubai will soon be home to the world’s largest ocean community megaprojects – the Dubai Reefs. The project will help strengthen Dubai’s position as a leader in sustainable marine initiatives as well, according to a statement by Dubai Reefs developer URB. The upcoming floating community will feature facilities for marine research, regeneration, ecotourism, hospitality, retail, and education.

  • How Sudan’s paramilitary forces took parts of Khartoum, stormed army chief’s quarters

    Burhan, the de facto head of state, himself picked up an AK-47 rifle and opened fire before his security pulled him to safety, one of his bodyguards told Reuters, in previously unreported details of how close he came to being toppled, or killed, in those first days. More than 30 of his guards died in the ensuing battle, before the Rapid Support Forces (RSF) fighters retreated from the residence in the capital, said the bodyguard, who asked not to be named.

  • Saudi Arabia to start implementing second phase of annual levy on house workers from May 11

    The Ministry of Human Resources and Social Development (MHRSD) announced the implementation of the second phase of the decision of the Council of Ministers to selectively impose a levy on domestic workers from Thursday, May 11, the Saudi Press Agency reported. Saudi employers will have to pay an annual fee of SR9600 for each house worker if their number exceeds four while expatriate employers will pay the same amount for each worker in excess of two.

  • Lower oil prices push Saudi oil giant Aramco’s first quarter profit down 19%

    Saudi oil giant Aramco's (2222.SE) first quarter net profit dropped 19% from a year earlier to 119.54 billion riyals ($31.88 billion), it said on Tuesday, due to lower crude prices. Profit still beat analysts' median forecast of $30.8 billion, according to Refinitiv data, and Aramco said the decline was partially offset by lower taxes including in the zakat Islamic tax and a rise in finance and other income.

  • EU in Israel cancels Europe Day event over far-right minister’s participation

    The European Union delegation in Israel on Monday cancelled its Europe Day diplomatic reception over the planned participation of far-right Israeli minister Itamar Ben-Gvir, who criticised the decision as a form of "undemocratic silencing". "Regrettably, this year we have decided to cancel the diplomatic reception, as we do not want to offer a platform to someone whose views contradict the values the EU stands for," the delegation said in a statement.

  • Saudi Arabia Records Slower Economic Growth in First Quarter

    Saudi Arabia’s economy expanded at a slower pace in the first quarter of 2023 as the oil sector grew at its lowest rate in more than a year. Gross domestic product grew an annual 3.9% in the opening three months of the year, according to preliminary data released by the General Authority for Statistics. That compares with 5.5% in the previous quarter.