Analysis

SAUDI WOMEN

‘History in the Making’: Saudi Arabia Allows Women to Travel Independently; Enacts Other Reforms

• SUSTG Team
• |
• 8. 5. 2019

Saudi Arabia’s decision to allow women to travel independently is being hailed a historic leap for gender equality in the Kingdom as women celebrate their new rights and freedoms enacted under King Salman and Crown Prince Mohammed bin Salman.

• Construction

  

  Saudi Binladen Group Seeks Restructure Advisor for Billions of Debt – Report

  SUSTG Team  |  7. 31. 2019

  The Saudi BinLaden Group is seeking an advisor to help the troubled company restructure as much as $20-$30 billion in debt, according to a new report in Reuters.

• 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.