Analysis

INVESTMENT IN SAUDI ARABIA

Saudi Arabia Allows Foreign Investors into Local IPOs, Hopes to List Aramco on Tadawul

• SUSTG Team
• |
• 10. 26. 2017

Foreign investors are now able to participate in initial public offerings (IPO) on companies listed on the Nomu (Parallel) market in Saudi Arabia.

• Saudi Women

  

  Over 87,000 Business Licenses Issued to Saudi Arabia this Year – Report

  SUSTG Team  |  10. 11. 2017

  Saudi Arabia's Ministry of Commerce and Investment issued over 87,000 business licenses to women in the last year as the Kingdom looks to increase female integration into the Saudi economy.

• Saudi Economy

  

  Saudi Economy Contracts as Production Cuts, Reforms Begin

  SUSTG Team  |  10. 3. 2017

  Saudi Arabia’s economy contracted by 1.03 percent in the second quarter of this year following a 0.5-percent contraction in the first quarter, according to reports, as participation in the OPEC oil production cut and disappointing growth in non-oil industries weighed on the economy.

• Entrepreneurship

  

  Saudi-based Restaurant Management Startup Raises $4m

  SUSTG Team  |  9. 26. 2017

  A restaurant management startup in Saudi Arabia has raised a $4m Series A investment as the Kingdom sees signs of life for new small and medium-sized enterprises (SMEs).

• Vision 2030

  

  Saudi Arabia’s ‘Third Rail’ No More? Kingdom Eyes Ambitious Energy Subsidies Cuts By November 2017, Report Says

  Lucien Zeigler  |  9. 18. 2017

  Energy subsidies have long been a significant drag on the Saudi economy on numerous fronts, but as Vision 2030 kicks into high gear, Saudi Arabia is reportedly eying brave cuts to its domestic energy subsidy program, long a third rail for Saudi domestic politics.

• Shale Oil

  

  ‘Shale Oil 2.0’: Uptick in Oil Prices Entices Shale Producers, but ‘Bumps in the Road’ Persist — Jadwa Investment

  SUSTG Team  |  9. 12. 2017

  The recently observed uptick in oil prices has given many US shale oil producers the opportunity to expand production, Riyadh-based Jadwa Investment said in a research note on shale production.

• Sports

  

  Saudi Arabia Secures Spot in 2018 World Cup in Russia

  SUSTG Team  |  9. 6. 2017

  Saudi Arabia has secured a trip to compete in the next World Cup in 2018 after defeating Japan 1-0 in their last AFC Round 3 Group B match on Tuesday.

• Petrochemicals

  

  Dow Chemical to Buy 15% More of Sadara to Boost Stake to 50%

  SUSTG Team  |  8. 29. 2017

  Dow Chemical plans to buy an additional 15 percent stake in its $20 billion joint venture with Saudi Aramco, the companies said on Monday according to reports.

• Renewable Energy

  

  Rules Issued for Small-Scale Solar Generation in Saudi Arabia

  SUSTG Team  |  8. 21. 2017

  Saudi Arabia has issued a regulatory framework for electricity consumers to operate their own, small-scale solar power generating systems and export unused power to the national grid, according to a Reuters report citing a government statement.

• Women's Rights

  

  Saudi Ministry of Justice Approves New Protections for Women in Saudi Arabia

  SUSTG Team  |  8. 16. 2017

  The Saudi Ministry of Justice issued four important decisions and proposals to limit the abuse of women, including raising the age that a woman is allowed to marry to 17 years old.