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Recent stories from sustg
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Saudi Arabia Suspends Privatization of the $2 Billion Ras Al Khair Desalination and Power Plant – Reports
- July 26,2021
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- SUSTG Team
Saudi Arabia has suspended the privatization plans for the Ras Al Khair desalination and power plant, valued at an estimated $2 billion, according to reports.
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Uncertainty Inside OPEC+ Causes Oil Price Flux
- July 9,2021
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- SUSTG Team
Oil prices continued to see increased volatility as traders attempt to understand how the Saudi-UAE chasm on production might affect supply in the coming months, according to reports.
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Prince Khaled bin Salman Visits Washington for High-Level Talks with Biden Administration; U.S. Talks with Saudi on Oil
- July 7,2021
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- SUSTG Team
Saudi Arabia’s deputy defense minister and former ambassador to the United States Prince Khaled bin Salman on Tuesday became the highest-ranking Saudi envoy to visit Washington since Joe Biden became president in January, Reuters reports. The prince represented the Kingdom in talks with senior Biden officials on the Yemen war and threats from Iran.
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May Economic Figures Show Positive Direction for Saudi Economy in Post-Pandemic Recovery
- July 2,2021
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- SUSTG Team
A number of non-oil indicators for the Saudi economy improved in May, including the non-oil PMI, which continued rising to 56.4 as activity and new orders grew, according to a recently-released Chartbook by Jadwa Investment for the month of May.
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Yergin: Saudi Leadership in OPEC+ Played Significant Role in ‘Incredible Strong Global Economic Recovery’
- June 21,2021
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- SUSTG Team
Saudi Arabia’s leadership in the OPEC+ group of oil-producing nations “brought a kind of predictability and stability and caution to the market” as the global economy recovers from the pandemic in 2021, Pulitzer Prize-winning historian of the oil industry Daniel Yergin told Arab News‘ Frank Kane in an interview.
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Saudi Arabia’s PIF Leads Investment in Gulf Infrastructure Fund from Aberdeen Standard Investments and Investcorp
- June 10,2021
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has emerged as the lead investor in a planned $800 million Middle East infrastructure fund being established by Aberdeen Standard Investments and Investcorp, Bloomberg reports, citing a statement.
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With PIF Backing, Saudi Ports Behemoth Red Sea Gateway Terminal Looks for Big Investments Abroad
- May 26,2021
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- SUSTG Team
The operator of Saudi Arabia’s Red Sea Gateway Terminal (RGST) is looking to invest in ports in Africa and the Middle East, following backing from the Kingdom’s sovereign wealth fund (PIF), Bloomberg reports.
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Saudi Arabia Eyes $55 billion by 2025 Through Privatization Program, Al Jadaan Says
- May 25,2021
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- SUSTG Team
Saudi Arabia hopes to raise about $55 billion over the next four years with a revitalized privatization program, the country’s finance minister Mohammed Al-Jadaan told the London-based Financial Times in an interview published over the weekend.
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Saudi Arabia’s Ultra-Lux Amaala Resort May Raise Up to $2.7 Billion Next Year
- May 18,2021
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- SUSTG Team
Saudi Arabia’s ultra-luxury Amaala tourism project may raise up to 10 billion riyals ($2.7 billion) in 2022, the CEO of the company, John Pagano said in an interview on the sidelines of Arabian Travel Market in Dubai.
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Startup Ecosystem in Saudi Arabia Begins to Thrive
- May 6,2021
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- SUSTG Team
Saudi Arabia’s startup ecosystem is beginning to thrive as new and increasingly larger investments into young Saudi companies continue to mount.
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MUST-READS
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Women ElectionsPerspective: Saudi women on the right track
It is a matter of great pride and joy to see Saudi women actively taking part in elections for the first time in the history of the Kingdom.
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Saudi ElectionsSmall steps for women’s rights and democracy in Saudi poll
More than 900 women are campaigning for public office in Saudi Arabia -- a first in the kingdom's history.
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Saudi WomenInterview: A celebration of Saudi women – ‘We have to struggle twice as hard as men to reach the top’
This book celebrates the achievements of 40 pioneering bright, educated, professional women who have bravely climbed the ladder to success.
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WomenSaudi municipal elections sees withdrawal of 120 women candidates
At least 120 female candidates out of a total 1,019 running for Saudi Arabian municipal council elections have withdrawn their candidatures, according to the spokesman for the National Committee for Municipal Elections Jidai al-Qahtani who was quoted on Tuesday in Arabic daily al-Hayat.
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WomenSaudi labor ministry opens up ‘all job opportunities for women’
Under pressure from the International Labor Organization (ILO), the Saudi Ministry of Labor has dropped a clause which protected women workers from hazardous and dangerous jobs, Makkah Arabic daily quoted a source as saying on Sunday.
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Elections in Saudi ArabiaOn the Campaign Trail with Saudi Arabia’s First Women Candidates
Saudi women are running for office in upcoming municipal elections for the first time -- and discovering the rules as they go.
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Saudi CourtsSaudi courts: Fingerprints to replace witnesses ID’ing women
The Saudi Ministry of Justice will install a fingerprint recognition system to do away with the need for someone to testify on the identity of a woman in court, Al-Madinah newspaper reported.
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Elections in Saudi ArabiaMeet Saudi Arabia’s first women election candidates
in a breakthrough moment for Saudi Arabia, a country known for neither voting nor female emancipation, the names of first women to nominate themselves as election candidates have been published.
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Women: Municipal ElectionsPerspective: Why Saudi Arabia’s Women Have Suffrage in Name Only
Timing was the most common complaint: Voter registration booths opened Aug. 22 and closed Sept. 14 — the kingdom’s most popular travel period, when, like Washington, D.C., much of Saudi Arabia closes up shop. That window included the height of the August heat, and fell just before the annual Hajj pilgrimage. Rana, for example, was visiting family in Riyadh during that time, an obligation that prevented her from registering in Jeddah.
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Saudi WomenIn Saudi Arabia, Women’s Fitness Boom Defies Norms
With blacked-out windows and a tiny sign, NuYu fitness center in Riyadh looks abandoned from the road. But inside it’s bustling, with Saudi women stripping off black abayas to reveal colorful athletic gear and pedaling furiously in a burlesque-themed spinning studio.
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