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Diriyah Contemporary Art Biennale, First of its Kind in Saudi Arabia, Announces Artists
- September 24,2021
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- SUSTG Team
The upcoming Diriyah Contemporary Art Biennale – the first art event of its kind to be held in Saudi Arabia – announced participating artists for the exhibition called Feeling the Stones, according to a report in The Art Newspaper. The event is scheduled to take place starting December 11 and running for three months, concluding March 11, 2022.
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Saudi Arabia Celebrates 91st National Day in Kingdom with Patriotic Airshows, Events and Fireworks
- September 23,2021
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- SUSTG Team
Saudi Arabia is celebrating its 91st Saudi National Day today, marking the formation of the modern-day Kingdom with the unification of the Nejd and Hejaz by King Abdulaziz Al-Saud in 1932. The Kingdom’s version of the 4th of July will be celebrated this year under the slogan “A Home for Us.”
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Residential Mortgages Soar in Saudi Arabia; Commercial Rents in Riyadh See Post-Pandemic Recovery
- September 21,2021
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- SUSTG Team
Roughly five years after the launch of the Kingdom’s National Transformation Plan (NTP), a key part of the Saudi Arabia’s Vision 2030 social and economic masterplan, Saudi is seeing major initial progress in the real estate sector, with new residential mortgages soaring 1000% since 2016, according to a report from industry powerhouse KnightFrank.
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SABIC, Exxon Mobil JV on Gulf Coast Prepares for Initial Startup – Report
- September 20,2021
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- SUSTG Team
Saudi petrochemicals firm SABIC said on Sunday its joint venture project with ExxonMobil in the U.S. Gulf Coast has started commissioning activities and preparing for an initial startup, according to Reuters.
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U.S. State Department Approves Potential $500 Million Saudi Maintenance Deal
- September 17,2021
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- SUSTG Team
The U.S. State Department has approved a potential agreement covering up to $500 million in military support services for Saudi Arabia, the first since President Biden took office on January 20. The agreement has been sent to Congress for review, the Pentagon said on Thursday.
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Crown Prince Launches Major Education Reform with ‘Human Capability Development Program’
- September 16,2021
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- SUSTG Team
Saudi Arabia is set to undertake a top-to-bottom overhaul of the Kingdom’s education system to better prepare citizens to find jobs and tackle intolerance, according to an announcement on the Vision 2030 website and other reports.
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After U.S. Withdrawal of Patriot Missiles, Greece Delivers System to Saudi
- September 15,2021
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- SUSTG Team
After the U.S. withdrawal of most of its advanced missile defense systems and Patriot batteries from Saudi Arabia in recent weeks, the Kingdom has turned to Greece to supply a Patriot battery and manpower to operate it, according to reports.
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Saudi Arabia’s ACWA Power International, Key in Kingdom’s Renewable Plans, Set to IPO
- September 14,2021
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- SUSTG Team
Saudi Arabia’s ACWA Power International, described as one of Saudi Arabia’s main vehicles for building renewable energy projects, is set to raise up to 4.55 billion riyals ($1.21 billion) in its initial public offering, Bloomberg reports.
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Non-Oil Sector in Saudi Arabia Loses Some Steam in Latest Figures as Kingdom’s Economy Continues to Grow
- September 13,2021
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- SUSTG Team
Saudi Arabia’s economy posted a 1.8% annual growth figure for the second quarter but the non-oil sector lost steam, according to official gross domestic product (GDP) estimates shared in a Reuters report on Monday.
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OPEC+ Set to Revise Down ‘Optimistic’ Oil Demand Outlook; Oil Rallies to $73
- September 10,2021
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- SUSTG Team
Two OPEC+ sources told Reuters that OPEC will likely revise down its 2022 oil demand growth forecast on Monday, as the specter of a persistent Delta variant of the coronavirus drags optimism about the global economic recovery.
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MUST-READS
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IranIran earthquake: Khamenei criticises government’s response
He said "officials from some sectors" needed to "double their efforts". The 7.3-magnitude quake near the north-western border with Iraq killed at least 437 people and injured 10,000.
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USAIDRedesigning the US State Department and USAID assistance programs
he Trump administration is in the midst of redesigning U.S. foreign assistance to improve its effectiveness and efficiency—a commendable exercise that has garnered interest not just within the administration but also in Congress and civil society.
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Saudi-RussiaSaudi Arabia, Russia enhance commercial and investment partnership
Following the meetings, the two sides expressed satisfaction with the fraternal and constructive atmosphere that prevailed in the meetings and bilateral relations between the two countries.
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KurdsCommentary: The Kurds Are Right Back Where They Started
While the Kurds’ common ethnic identity unites them, as a people, they are as divided as any other ethnic group—by dialect, political ideology, and the personalities and strategic priorities of their leaders. Moreover, their forced immersion into four distinct cultures shaped both their outlook and the form their separate struggles have taken in each environment.
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Ring Home SecurityRing partners with Al-Jammaz to provide smart home security in Saudi Arabia
Ring has evolved as a leading brand in the smart home security space represented by more than 16,000 stores across North America. Ring’s products have been hailed globally as a dependable second set of eyes and ears to deter thieves from breaking into homes and communities.
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ExtremismSaudi Arabia, Home of Islam, Will Start Policing Prophet Muhammad’s Teachings to Stop Terrorism
Saudi Arabia, which has long been linked to global terrorism, now says it will police the teachings of the Prophet Muhammad to make sure followers of Islam do not use twisted and radical interpretations of Islamic traditions to foment violence and terrorism.
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Driving Ban LiftedTo This Saudi Startup, Allowing Women To Drive Is A Game Changer
Unsurprisingly, Saudi Arabia has the largest gender imbalance in labor force participation among G20 countries. Only 1.9 million of its 13.1 million women participate in the workforce — a labor participation rate of 20.2% — compared with 77.8% for men, according to G20 Labor Market Report 2016.
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SMEsFour in 10 Startups in Saudi Arabia Are Owned by Women
“This proves that the role of women in economic development has improved,” said the Governor of the General Authority for Small and Medium Enterprises (SMEs) in Saudi Arabia, Ghassan Al-Sulaiman.
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U.S. State DepartmentState Department reform: Much ado about nothing?
Secretary Rex Tillerson provided a preview of the plan on September 13, and if the final product is consistent with what’s been released thus far, it will be neither the assault on the department that many feared nor the transformative vision mandated by the President.
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EntrepreneurshipSaudi restaurant management start-up raises $4m
Saudi-based restaurant management system start-up, Foodics, raised $4 million during its Series A funding round.
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