A new ELectrostAtic Storage Ring (ELASR) has been designed and built at the King Abdulaziz City for Science and Technology (KACST), in Riyadh, Saudi Arabia. It was developed to be the core of a new storage ring laboratory for atomic and molecular physics at KACST. ELASR follows the standard design of the pioneering storage ring ELISA and it thereby features a racetrack single-bend shaped ring. Complementary simulation code packages were used to work out the design under the requirements of the projected experiments. This paper reports a short description of the ELASR storage ring through an overview of its design and construction.