Analysis

‘We are Ready to Roll’: Will Saudi Arabia’s Olayan Group Join the IPO Party?

• SUSTG Team
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• 10. 28. 2021

Saudi Arabia's Olayan family, which runs one of Saudi Arabia’s biggest conglomerates and is one of the richest in the Kingdom, may "revive plans to take some of its companies public," according to a report today in Bloomberg.

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  Crown Prince Announces Launch of New National Investment Strategy to Attract FDI

  SUSTG Team  |  10. 12. 2021

  Saudi Crown Prince Mohammed bin Salman gave details of a new investment strategy, called the National Investment Strategy, on Monday that aims to raise net foreign direct investment to 388 billon riyals ($103.45 billion) annually, the state news agency (SPA) reported.

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  Biden Administration Welcomes Saudi Engagement with Iran, Talks Still in ‘Exploratory Phase’

  SUSTG Team  |  10. 5. 2021

  The U.S. said it welcomes the news of direct communication between Saudi Arabia and Iran, Jennifer Gavito, deputy assistant secretary for Iran and Iraq at the State Department’s Bureau of Near Eastern Affairs, told CNBC’s Dan Murphy in Dubai.

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  Saudi Arabia Celebrates 91st National Day in Kingdom with Patriotic Airshows, Events and Fireworks

  SUSTG Team  |  9. 23. 2021

  Saudi Arabia is celebrating its 91st Saudi National Day today, celebrating the formation of the modern-day Kingdoms with the unification of the Nejd and Hejaz by King Abdulaziz Al-Saud in 1932. The Kingdom's version of the 4th of July will be celebrated this year under the slogan “A Home for Us.”

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  U.S. State Department Approves Potential $500 Million Saudi Maintenance Deal

  SUSTG Team  |  9. 17. 2021

  The U.S. State Department has approved a potential agreement covering up to $500 million in military support services for Saudi Arabia, the first since President Biden took office on January 20. The agreement has been sent to Congress for review, the Pentagon said on Thursday.

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  In Interview, Prince Turki Al-Faisal Calls for U.S. Reassurances, Renewed American Commitment to Kingdom

  SUSTG Team  |  9. 9. 2021

  Saudi Arabia's Prince Turki al-Faisal Al-Saud, the former intelligence chief for Saudi Arabia, has called on the United States to show a renewed commitment to Saudi Arabia's security and the U.S.-Saudi partnership in comments to CNBC published today.

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  8 Reportedly Injured in Houthi Terrorist Drone Attack at Abha International Airport

  SUSTG Team  |  8. 31. 2021

  At least eight people were wounded on Monday in Houthi terrorist drone strikes on Saudi Arabia's Abha International Airport, Reuters reports, citing local sources and news outlets.

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  Saudi Aramco Joins ACWA Power, Others in $1 billion Sudair Solar Power Plant Development

  SUSTG Team  |  8. 16. 2021

  A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the nearly $1 billion plant, and has secured the backing of state oil producer Saudi Aramco, according to Bloomberg.

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  Saudi Arabia Sending Largest-Yet Delegation of Athletes to the Olympics in Tokyo

  SUSTG Team  |  7. 14. 2021

  Saudi Arabia's delegation of athletes to the Olympic Games in Tokyo this month is its largest ever, as the Kingdom continues to build its homegrown sports talent and develop young athletes.

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  Crown Prince Mohammed bin Salman Launches New Transportation and Logistics Strategy

  SUSTG Team  |  6. 30. 2021

  Saudi Arabia's Crown Prince Mohammed bin Salman on Tuesday launched a new strategy that aims to make the kingdom a global logistics hub and boost the sector's contribution to non-oil revenues, according to reports. The plans include an "ambitious package of mega-projects."