SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Browse Research Topics
Recent stories from sustg
-
Gallup Poll on Saudi Attitudes About Economy, Prosperity Sees Hope after Oil, Divide Between Saudis and Expats
A recently released Gallup poll, conducted shortly after the announcement of Vision 2030, found that nearly half of adults (48%) rate their lives well enough to be considered “thriving,” up significantly from 35% a year earlier. Such a large shift in thriving rates in a single year “is rare in any country,” Gallup said. However, there is a sharp […]
-
Saudi Presents Investigation into Coalition Bombings in Yemen
An investigative committee examining charges that the Saudi-led coalition fighting against Houthi rebels in Yemen has caused civilian casualties largely defended their actions, Reuters reports. According to the Saudi Press Agency (SPA), the coalition’s investigative committee is independent and composed of representatives from six countries, all members of the Gulf Cooperation Council, in addition to […]
-
Reuters Poll: Non-Oil Business Activity Slows in Gulf as Governments Tighten Spending
A recently released Reuters poll of economists finds that non-oil business activity is slowing in the Gulf because of government austerity measures, causing some to revise their economic forecasts down for the region. In 2015, growth in the GCC “began to lose steam as governments reduced spending to limit big budget deficits caused by cheap oil,” […]
-
Aramco Names Ibrahim Al Buainain as Chief Executive of Its Trading Arm
Saudi Aramco has named Ibrahim Al-Buainain as chief executive of its trading arm, the company said on Tuesday, as Al-Buainain’s star continues to rise within the ranks of the energy giant. Ibrahim Al-Buainain’s promotion to CEO of Saudi Aramco Trading takes effect this month. In November 2014, Aramco named Al Buainain as head of Saudi […]
-
Flare Up on Saudi Border with Yemen as Saudi Shoots Down Missile
The Saudi-led military coalition said Sunday that it shot down a ballistic missile fired at the Kingdom from Yemen, according to reports. The missile targeting the southern city of Najran was intercepted at 9:30 a.m. Saturday, a statement carried on the official Saudi Press Agency says. On the same day, Saudi-led airstrikes hit hideouts of the […]
-
New Saudi Fund Created by Apicorp and Bahri Seeks to Create Biggest Tanker Fleet
A venture between Arab Petroleum Investment Corporation (Apicorp) and National Shipping Co. of Saudi Arabia (Bahri) “will create the world’s largest fleet of oil tankers and support the kingdom’s plan to boost crude exports,” according to a report in Bloomberg, which cited comments from Dr. Khalid al-Falih. The venture will create a $1.5 billion fund […]
-
‘Saudi Arabia is among our closest counterterrorism partners’ CIA Chief Brennan Says
Director of the CIA John Brennan said that Saudi Arabia is “among our closest counterterrorism partners” at an event at the Brookings Institution yesterday. Brennan pointed to the enemies that both the United States and Saudi Arabia share, including the Islamic State and al-Qaeda terrorists. “The Saudi government and leadership today has inherited a history whereby there […]
-
Aging Population, Pension System May Pressure Saudi Fiscal Policy, S&P Says
Saudi Arabia’s population could put greater pressure on the Kingdom’s fiscal policy and increase government debt as it ages over the next three decades, ratings agency Standard & Poor’s has warned. Saudi Arabia’s population is disproportionately young now, with over 70% of all Saudis under 30 years old. But even the smaller percentage of the population […]
-
Millions Worldwide Celebrate Eid Al-Fitr, End of the holy month of Ramadan
Millions of Muslims worldwide celebrated the festival at the end of the holy month of Ramadan on Wednesday as the three-day Eid al-Fitr festival began. Eid al-Fitr festival traditionally means family gatherings and the exchange of gifts and a feast after a month of fasting from dawn until dusk. Despite two deadly terrorist attacks in […]
-
‘Very Good News’ for Saudi Real Estate as Kingdom Gets Boost in Transparency Ranking, Citing Chambers of Commerce
JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI) has increased Saudi Arabia’s standing to “Semi-Transparent” after recent efforts by the Chambers of Commerce in Saudi Arabia. “The formation of real estate committees in the Chambers of Commerce has highlighted the issue of low transparency in the market and encouraged more action […]
- 10 of 2902 results<< 1 … 178 179 180 181 182 … 291 >>
MUST-READS
-
15,000 empty seats for Supercoppa Italiana game in Saudi Arabia
Napoli beat Fiorentina 3-0 in front of more than 15,000 empty seats in Saudi Arabia after ticket sales for the first ever Supercoppa Italiana semi-final fell flat. Thursday's game took place at the 25,000-seater King Saud University Stadium, also known as Al-Awwal Park. But the official attendance in Riyadh was just 9,762.
-
The Rig: Saudi Arabia reveals location of oil rig-themed resort and park
There will be three hotels at The Rig, with a total room count of 800, alongside 11 restaurants, a marina and helipads as well as an extreme sports and adventure park. It will also feature a variety of water activities, a diving centre, an esports centre, as well as a theatre and a multipurpose arena. The project is being developed by the Oil Park Development Company.
-
Defense One Radio, Ep. 142: Trouble on the Red Sea
We review how the Iran-backed Houthis are disrupting global shipping in the Red Sea, and we look back at similar dynamics near the end of the so-called tanker wars of the late 1980s.
-
What is behind Iran-Pakistan attacks and could conflict escalate?
Iran launched missile strikes on three different countries this week - Iraq, Syria and Pakistan - while proxy militant groups it backs continue to target U.S. and Western interests and fight Israel, stoking fears of conflict that could engulf the Middle East and spread to other regions.
-
The United States is drowning OPEC in oil
“US oil supply growth continues to defy expectations,” the International Energy Agency said in its latest Oil Market Report, released Thursday (Jan. 18). The US is producing more oil than any country in history, some 13 million barrels of it per day, and all those barrels are coming at OPEC’s expense. Combined with record production in Brazil and Guyana (whose oil resources are the key to an escalating diplomatic row with Venezuela), as well as the defection of OPEC member Algeria, the global oil supply marketshare of OPEC+ (OPEC and a select group of allies) sits at about 48%, the lowest since the “plus” was added in 2016.
-
Covid-19 in Saudi Arabia: ‘Wear masks in crowded places’ says health authority
Saudi health authorities have urged people in the Kingdom to wear face masks in crowded places, amid concerns over the spread of infection diseases such as Covid-19. The JN.1 variant of Covid-19 has been identified in Saudi Arabia and was reported to have surged in the Kingdom.The Public Health Authority had previously allayed fears over the new variant, saying: “There is no truth to the risks and warnings being circulated about a new epidemic, as the JN.1 variant is considered one of the branching variants of COVID-19, and the effectiveness of immunisation with the developed COVID-19 vaccine is valid and there is no reason for concern and there is no need to apply strict measures”.
-
NEOM: 10 cities of Saudi Arabia’s $500bn gigaproject revealed
Saudi Arabia’s ambitious gigaproject, NEOM, has unveiled plans for the creation of ten new cities as part of its groundbreaking $500 billion initiative. NEOM, the brainchild of Saudi Arabia’s Crown Prince Mohammed bin Salman, aims to transform the Kingdom’s economy and diversify its revenue streams beyond oil.Each of the ten cities is tailored to specific industries and sectors, with a focus on attracting global investments and fostering economic growth.
-
Off-road racer Sara Price celebrates becoming first American woman to win stage in Dakar Rally
Sara Price slid out of her off-road vehicle at the Dakar Rally, after a rigorous ride through the diabolical dust and dunes in Saudi Arabia, and checked for certain she made history in the endurance event. “I don’t think an American female’s ever won a stage, right,” she asked. Price was right, the 31-year-old Californian this week became the first female American driver and third woman ever to win a Dakar stage.
-
WEF24: Saudi Ambassador to US says Kingdom prioritizing ‘peace and prosperity’ policies
Saudi Arabia is prioritizing peace and prosperity in its efforts to lead the Middle East towards stability and security amid ongoing geopolitical volatility in the region, the World Economic Forum (WEF) Annual Meeting 2024 heard today from Her Royal Highness Princess Reema Bandar Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America.
-
Saudi Arabia Flags Commodity Trading Ambitions With DME Stake
The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange as it seeks to diversify its revenue and gain access to oil, metals and agricultural trading. Saudi Tadawul Group bought the holding in the DME, as the Dubai exchange is known, for 107 million riyals ($28.5 million), according to a statement on Thursday, making it the joint largest shareholder along with US-based CME Group.
- 10 of 57472 results<< 1 … 179 180 181 … 5,748 >>