Analysis

Saudi Arabia, Other Gulf Nations to Join JPMorgan Chase & Co.’s Emerging-Market Bond Indexes

• SUSTG Team
• |
• 1. 18. 2019

• Energy

  

  Saudi Arabia Eyes Major Domestic Energy Conservation by 2030, Al Falih Says

  SUSTG Team  |  1. 15. 2019

  Saudi Arabia expects to throttle back domestic energy consumption by 2030 by up to the equivalent of 2m barrels of oil per day, in line with the Kingdom's Vision 2030 economic and social reform initiative, according to comments made by Khalid Al-Falih published by Reuters.

• Jadwa Investment

  

  A Gradual Pickup in Private Sector Lending in Saudi Arabia Seen in Monetary Update

  SUSTG Team  |  1. 11. 2019

  A recently-released report by Jadwa Investment finds a gradual pickup in private sector lending since April 2018 after showing a slowdown in 2017 and Q1 2018.

• Economy

  

  Saudi Arabia Seeks Balanced Budget by 2023 – Al Jadaan

  SUSTG Team  |  12. 20. 2018

  Saudi Arabia’s finance minister told Reuters on Wednesday he was "unconcerned with current oil prices impacting spending plans in 2019" and the government still aims to close its budget deficit by 2023 - though the target is not set in stone.

• U.S.-Saudi Relations

  

  Saudi Government ‘Rejects’ U.S. Senate Rulings on Saudi Arabia But Pledges to Continue Building Relationship

  SUSTG Team  |  12. 17. 2018

  The government of Saudi Arabia issued a statement condemning a recent U.S. Senate resolution blaming Crown Prince Mohammed bin Salman for the killing of journalist Jamal Khashoggi, and said the government rejects external interference in its affairs.

• Oil Price

  

  OPEC, Russia Will Cut 1.2 million Barrels of Oil Production a Day; Price Jumps

  SUSTG Team  |  12. 7. 2018

  OPEC and Russia have agreed to collectively throttle back oil production by 1.2 million barrels per day to dry up a global supply glut, according to energy reporters from the Wall Street Journal.

• Saudi Aramco

  

  Saudi Aramco CEO: ‘We Need a Major Acquisition For Us to Be In Different Markets Quickly’

  SUSTG Team  |  11. 26. 2018

  In an interview with Bloomberg, Saudi Aramco's CEO Amin Nasser said the company is earmarking $500 billion to invest over the next 10 years, including $160 billion for natural gas developments and $100 billion for chemicals projects.

• King Salman

  

  King Salman Delivers Opening Speech at Shoura Council

  SUSTG Team  |  11. 19. 2018

  King Salman gave his annual speech at the opening of the third year of the Shoura Council’s seventh session on Monday and discussed a number of regional and local issues.

• Economy

  

  Gulf Economies Recovering, but Oil Price Volatility Threatens to Weigh on Future Growth – IMF

  SUSTG Team  |  11. 13. 2018

  A recently released report by the IMF found that economic growth in Gulf states will recover in 2018 from a contraction last year, but that future growth remains vulnerable to volatility in crude oil prices.

• Saudi Economy

  

  Saudi Non-Oil Activity Ticks Up in October

  SUSTG Team  |  11. 5. 2018

  Saudi Arabia’s non-oil economy ticked upward in October "thanks to higher employment and growth in new orders because of increased demand from overseas," data from the latest purchasing managers’ index show.