Analysis

Crown Prince Mohammed bin Salman Elevated to Prime Minister; New Education Minister Named in Cabinet Changes

• SUSTG Team
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• 9. 28. 2022

Saudi Arabia's King Salman bin Abdulaziz named his son and heir Crown Prince Mohammed bin Salman as the kingdom's prime minister and promoted his second son Prince Khalid as defense minister, according to a royal decree on Tuesday.

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  Friday Marks Saudi Arabia’s 92nd National Day; 9 Days of Events and Celebrations Planned

  SUSTG Team  |  9. 21. 2022

  Saudi Arabia's 92nd national day is set for Friday, September 23rd, with nationwide events, patriotic displays and festivals planned by authorities.

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  Jadwa Investment Raises Saudi Arabia’s Growth Forecast to 8.7% for 2022

  SUSTG Team  |  9. 20. 2022

  Riyadh-based investment bank Jadwa Investment has revised upward its growth forecast for Saudi Arabia this year, after the Kingdom's economy showed strong expansion in both oil and non-oil activities in the first half of 2022.

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  Saudi Arabia’s PIF Launches Real Estate Registration Services Company in Effort to Digitize Sector

  SUSTG Team  |  9. 6. 2022

  Saudi Arabia's sovereign wealth fund, the Public Investment Fund, has launched a company that aims to digitize and develop the local real estate sector through a comprehensive digital platform, according to a report in the UAE-based outlet The National.

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  Saudi Arabia’s Energy Minister Says Paper and Physical Oil Markets ‘Have Become Increasingly More Disconnected’

  SUSTG Team  |  8. 23. 2022

  Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said “extreme” volatility and lack of liquidity mean the futures market is increasingly disconnected from fundamentals, and as a result, OPEC+ may be forced to cut production to balance the market, Bloomberg reports.

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  Saudi Central Bank Study: Digital Payments Exceed Cash for First Time in Saudi Arabia

  SUSTG Team  |  8. 15. 2022

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  Knight Frank’s Faisal Durrani on real estate trends in Saudi Arabia, the Saudi economy has a big 2Q, and more…

  SUSTG Team  |  8. 5. 2022

  Episode 55! The 966 welcomes Faisal Durrani, Partner and Head of Middle East Research at Knight Frank, the London-based global real estate consultancy. Knight Frank just released two reports on Saudi Arabia’s commercial and residential real estate sectors, providing unique insights into one of the w

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  IMF Raises Saudi Economy Growth Forecast for 2023 to 3.7%, Despite ‘Gloomy’ Global Developments

  SUSTG Team  |  7. 27. 2022

  The International Monetary Fund has raised its expectations for the growth of the Saudi economy in 2023 to 3.7 percent, up from its April forecast of 3.6 percent, according to a report.

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  Saudi Arabia’s Venture Capital Funding Soars Threefold to $584m in the First Half of 2022

  SUSTG Team  |  7. 21. 2022

  Saudi Arabia's nascent venture capital scene is beginning to roar to life, tallying a threefold year-on-year increase in venture capital investments in the first half of 2022, according to a report on the sector by Magnitt.

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  Ahead of President Biden’s Visit, Administration Said to Mull Resumption of Offensive Arms Sales to Saudi Arabia

  SUSTG Team  |  7. 11. 2022

  Ahead of President Biden's visit to Saudi Arabia this week, the Biden administration is discussing the possible lifting of its ban on U.S. sales of offensive weapons to Saudi Arabia, four sources told Reuters in an exclusive item.