Analysis

QIDDIYA

Saudi Arabia in talks with ‘regional and global investors’ for Qiddiya, the Kingdom’s mega entertainment and sports city – report

• SUSTG Team
• |
• 7. 24. 2019

Saudi Arabia is in talks with regional and global investors for its first mega entertainment and sports city that’s being developed as part of the kingdom’s plans for life after oil.

• Economy

  

  IMF: Saudi Arabia’s real non-oil growth is expected to strengthen to 2.9 percent in 2019, outlook positive

  SUSTG Team  |  7. 23. 2019

  The International Monetary Fund (IMF) expects real non-oil growth in Saudi Arabia to pick up in 2019 to 2.9% as government spending and confidence increase, according to reports, while real GDP growth is projected to slow to 1.9 percent as real oil growth slows to 0.7 percent.

• U.S.-Saudi Relations

  

  U.S. Preparing to Send 500 Troops to Prince Sultan Air Base in Saudi Arabia

  SUSTG Team  |  7. 18. 2019

  The Trump administration is preparing to send 500 troops to Saudi Arabia amid increasing tensions with Iran, CNN reports.

• 

  New E-Commerce Law in Saudi Arabia May Boost Kingdom’s Fast-Growing Online Retail Market – Report

  SUSTG Team  |  7. 15. 2019

• Economy

  

  Saudi Foreign Reserves Continue Climb, Non-oil PMI Index at Highest Since December 2017

  SUSTG Team  |  7. 1. 2019

  The recently-released Jadwa Investment report on the Saudi economy found a positive picture developing for the Kingdom, with economic data positive in May with the non-oil PMI index reaching its highest reading since December 2017.

• Investment

  

  Report Looks at Surging Role of Sovereign Wealth Funds in GCC Economies

  SUSTG Team  |  6. 12. 2019

  A recently-released joint publication from the Sovereign Wealth Fund Institute (SWFI) and Marmore Mena Intelligence examines the growing role of sovereign wealth funds (SWFs) in GCC economics.

• Iran Tensions

  

  Saudi cabinet affirms desire to avoid war and have stable oil markets in face of heightened Iran tensions

  SUSTG Team  |  5. 22. 2019

  Saudi Arabia's cabinet took the step of affirming the Kingdom's desire to avoid regional conflict and ensure stable oil markets as tensions between Iran and the United States simmer, according to the state-run Saudi Press Agency and Reuters.

• Solar Power

  

  Seven Saudi PV solar power projects worth $1.51b launched at recent industry exhibition

  SUSTG Team  |  5. 17. 2019

  Seven PV solar power projects with a capacity of 1.52 GW and worth $1.51bn (SAR5.6bn) were launched on the sidelines of the recently concluded Saudi Elenex exhibition, according to a report in ConstructionWeekOnline.

• Economy

  

  ‘Signs of Life’ in the Saudi Economy as Indicators Point to Improvements, Growth

  SUSTG Team  |  5. 2. 2019

  Recently-released monthly data show signs of life in Saudi Arabia's economy, the Arab world's largest, according to reports.

• Public Investment Fund

  

  Saudi Arabia’s PIF Eyes Billions in Debt Raise after Aramco Success – Report

  SUSTG Team  |  4. 26. 2019

  Saudi Arabia's Public Investment Fund is planning to tap the debt market for billions of dollars, according to a Wall Street Journal report, which cited comments from the country's finance minister Mohammed Al-Jadaan.