Analysis

ECONOMY

Saudi Economy: Latest Economic Indicators Point to Evidence of Recovery — Jadwa Investment

• SUSTG Team
• |
• 3. 2. 2021

Economic indicators for the Saudi economy from the month of January continued to point to a recovery in the non-oil sector, Jadwa Investment says in its latest Chartbook detailing the fundamentals of the Kingdom's economy.

• Investment

  

  Saudi Arabia’s PIF Significantly Increases Investments in U.S. Markets, Wins Big on Live Nation

  SUSTG Team  |  2. 22. 2021

  Saudi Arabia's Public Investment Fund (PIF) significantly increased its holdings and investments into U.S. companies in the fourth quarter (Q4) of last year, public filings made public last week show, after slashing its exposure in Q3.

• Tourism

  

  Dazzling Designs Revealed for a ‘Coral Bloom’ Concept at Saudi Arabia’s Red Sea Project’s Main Hub Island at Shurayrah

  SUSTG Team  |  2. 12. 2021

  Saudi Arabia this week unveiled a new, visionary design and plans for the Red Sea project's main hub island at Shurayrah, a "Coral Bloom" concept created by world-renowned architecture firm Foster + Partners.

• Golf

  

  Johnson Favored as Saudi Arabia Gears Up for 3rd Saudi Invitational; Nicklaus Agrees to Design New Course at Qiddiyah

  SUSTG Team  |  2. 2. 2021

  Saudi Arabia's flagship annual golf tournament begins Thursday with world number one golfer Dustin Johnson as the favorite to win at the Royal Greens Golf Club in King Abdullah Economic City, Saudi Arabia.

• Security

  

  In ‘Routine’ Action, New Biden Administration to Review Some Arms Sales from Previous Administration to Saudi Arabia, UAE

  SUSTG Team  |  1. 28. 2021

  President Joe Biden’s administration has temporarily paused some pending arms sales to U.S. allies in order to review them, a move that is typical for most new incoming administrations, especially if arms sales are announced just hours before the outgoing administration departs.

• 

  First American Chamber of Commerce Established in Riyadh; ABGR Becomes AmCham KSA

  SUSTG Team  |  1. 20. 2021

• Development

  

  Saudi Arabia Postpones Riyadh Airport Expansion Financing after Pandemic

  SUSTG Team  |  1. 12. 2021

  The global pandemic and its impact on travel is causing the Kingdom to delay its plans to raise financing "potentially worth billions of dollars" for the expansion of Riyadh’s airport, sources told Reuters.

• Economy

  

  Positive Economic Data Seen in Latest Saudi Chartbook for January 2021 – Jadwa Investment

  SUSTG Team  |  1. 4. 2021

  A more optimistic Saudi private sector reacting to the start of the vaccine rollout in the Kingdom is is being credited for positive data seen for Saudi Arabia's economy, Jadwa Investment says in its latest Charbook for the month of January 2021.

• Coronavirus

  

  Crown Prince Mohammed bin Salman, Other Top Saudi Officials Get Vaccinated Against Coronavirus

  SUSTG Team  |  12. 28. 2020

  Crown Prince Mohammed bin Salman and top Saudi officials have begun receiving their first dose of the Coronavirus vaccine, imported to the Kingdom earlier this month and rolled out on December 17th, according to the Saudi Press Agency.

• 2021 Budget

  

  Saudi Arabia Unveils 2021 Fiscal Budget with Spending Reductions, Eying Economic Rebound

  SUSTG Team  |  12. 16. 2020

  Saudi Arabia unveiled a new budget for the 2021 year, cutting spending to rein in a fiscal deficit brought on by a lower oil prices in 2020 and adjusting the Kingdom's fiscal strategy to a post-Coronavirus pandemic era.