Analysis

Saudi Economy: Jadwa Investment Revises 2021 GDP Forecast Upward as Activity Rises

• SUSTG Team
• |
• 8. 26. 2021

With both oil and non-oil economic activity in Saudi Arabia growing as the Kingdom's economy bounces back from the pandemic, Riyadh-based Jadwa Investment said in a research note that it will upgrade Saudi Arabia's 2021 forecasted GDP.

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  Saudi Arabia’s Public Investment Fund Raises Stake in California-Based Activision Blizzard Inc.

  SUSTG Team  |  8. 18. 2021

  Saudi Arabia’s Public Investment Fund (PIF) significantly increased its stake in California-based entertainment and games company Activision Blizzard Inc. last quarter, buying 37.9 million shares with a market value of $3.6 billion, according to Bloomberg.

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  Saudi Arabia Suspends Privatization of the $2 Billion Ras Al Khair Desalination and Power Plant – Reports

  SUSTG Team  |  7. 26. 2021

  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

  SUSTG Team  |  7. 9. 2021

  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

  SUSTG Team  |  7. 7. 2021

  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.

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  May Economic Figures Show Positive Direction for Saudi Economy in Post-Pandemic Recovery

  SUSTG Team  |  7. 2. 2021

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  Yergin: Saudi Leadership in OPEC+ Played Significant Role in ‘Incredible Strong Global Economic Recovery’

  SUSTG Team  |  6. 21. 2021

  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.

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  Saudi Arabia’s PIF Leads Investment in Gulf Infrastructure Fund from Aberdeen Standard Investments and Investcorp

  SUSTG Team  |  6. 10. 2021

  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

  SUSTG Team  |  5. 26. 2021

  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

  SUSTG Team  |  5. 25. 2021

  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.