Analysis

With affordable housing in short supply, new JV set to provide mortgage loans to low and middle-income Saudis

• Lucien Zeigler
• |
• 1. 29. 2016

A new joint venture between Saudi Arabia’s Ministry of Finance (MoF) and the Islamic Corporation for the Development of the Private Sector (ICD) has received approval to provide loans to low and middle-income Saudis, in what could be a much-needed boost for access to mortgages in the Kingdom.

• 

  U.S. Chamber of Commerce and Council of Saudi Chambers Kick-off U.S.-Saudi Arabia CEO Summit

  SUSTG Team  |  1. 25. 2016

• U.S.-Saudi

  

  FM Al-Jubeir: Most Effective Way to Solve Regional Crises ‘Through our close partnership and alliance with the United States of America’

  SUSTG Team  |  1. 15. 2016

  “[W]e’re going to be continuing our conversation. And we agree – first of all, the alliance, the friendship between the United States and the Kingdom of Saudi Arabia remains a linchpin of our efforts in the region; it’s important."

• 

  Saudi Aramco Considers IPO, but Scope of Listing Unknown

  SUSTG Team  |  1. 11. 2016

  As Saudi Arabia appears to actively consider a potential IPO for its state-owned oil company, Saudi Aramco, two conflicting reports emerged today about the potential scope of the offering.

• Saudi Stock Market

  

  Saudi Stocks Hit 4-Year Low as Global Markets Shudder at China’s Second Halt in Trading This Week

  SUSTG Team  |  1. 7. 2016

  Saudi Arabia’s stock market has continued a tumultuous start to the new year, with the Kingdom's benchmark index falling another 4.8 percent on Thursday to a four-year low. The drop this year has totaled 10.6 percent.

• Transportation

  

  Video Released Shows Timelapse Construction on Riyadh’s Metro Project

  SUSTG Team  |  1. 5. 2016

  A recently released video by the leading construction partners on Riyadh’s metro project highlighted the progress made on the mega-project that will change the way the city’s residents get around.

• U.S.-SAUDI

  

  GE secures $1b contract to produce gas and steam turbines to power more than 500,000 homes in Saudi Arabia

  SUSTG Team  |  1. 4. 2016

  GE has deep roots and extensive business interests in Saudi Arabia. One of the gas turbines will be assembled fully at the GE Manufacturing Technology Center in Dammam, underlining GE’s commitment to localization.

• Islamic Military Coalition

  

  An ‘Islamic NATO?’ Recently Formed Defense Coalition Faces Challenges in Fighting Extremism

  SUSTG Team  |  12. 22. 2015

  Writing in Al Monitor, Washington-based analyst Fahad Nazer comments that Saudi Arabia may be aiming to form an Islamic NATO of sorts, in part because of the turmoil and instability surrounding the Kingdom from virtually all sides. Saudi Arabia’s government sees a more active foreign policy as essen

• Saudi Arabia Beyond Oil

  

  McKinsey & Company Publishes 165-Page Analysis of ‘Saudi Arabia Beyond Oil’

  SUSTG Team  |  12. 16. 2015

  McKinsey & Company, the top-tier global consulting firm with offices in Riyadh and across the Middle East, published an in-depth report on the Saudi Economy and the opportunities for the Kingdom beyond oil.

• 

  New Saudi Ambassador to United States HH Abdullah Al-Saud Addresses U.S. Business Community at First Public Event

  SUSTG Team  |  12. 14. 2015