Analysis

HAJJ 2019

Kingdom Gears Up for 2019 Hajj Season

• SUSTG Team
• |
• 7. 29. 2019

Saudi Arabia is finalizing preparations for the 2019 Hajj Pilgrimage season, set to begin on Friday August 9th.

• Public Investment Fund

  

  Saudi Arabia’s PIF has agreed initial terms for a $10bn loan – report

  SUSTG Team  |  7. 12. 2019

  Saudi Arabia’s sovereign wealth fund has agreed initial terms for a $10bn loan from a group of the world’s largest banks, the Financial Times reports.

• Seven Wonders of Arabia

  

  The Seven Wonders of Arabia, Aramco Expats’ Tribute to the Kingdom’s Top Heritage Sites – Part 2: Historic Jeddah

  SUSTG Team  |  6. 21. 2019

  As the Kingdom prepares to open itself up to more visitors and boost its tourism industry in line with Vision 2030, the SUSTG team is pleased to cite AramcoExpats.com and their series examining some of the most amazing places that Saudi Arabia has to offer.

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  Saudi Arabia’s PIF has ‘$300b in Assets’ and is Still Growing, Report Says

  SUSTG Team  |  6. 10. 2019

• Security

  

  Saudi Arabia, UAE and Norway Say ‘State Actor’ Likely Attacked Oil Tankers

  SUSTG Team  |  6. 7. 2019

  Saudi Arabia, the UAE, and Norway have told the UN Security Council that the recent attack on four oil tankers off the UAE coast was a "sophisticated and coordinated" operation most likely conducted by a "state actor," according to reports.

• Security

  

  Gulf Arab states support right of Saudi Arabia and UAE to defend interests

  SUSTG Team  |  5. 31. 2019

  Gulf Arab states voiced support for Saudi Arabia and the United Arab Emirates to take any action required to defend their security following recent attacks on their oil assets, Reuters reports.

• Stock Market

  

  Saudi Stocks Surge for Largest Single-Day Gain in 6 Months as Investors Prepare for MSCI Inclusion

  SUSTG Team  |  5. 28. 2019

  Shares in the Tadawul, the Saudi stock market, surged 2% on Tuesday with much of the gains happening before the session closed as MSCI Inc. prepares to include the Kingdom into its developing country benchmark, according to a report in Bloomberg.

• Energy

  

  Reports: Saudi Arabia Places Huge Bet on U.S. Natural Gas

  SUSTG Team  |  5. 23. 2019

  Saudi Aramco announced a preliminary agreement on Wednesday to buy 5 million tons of liquefied natural gas per year in a deal with U.S.-based Sempra LNG, according to reports.

• Retail

  

  Arabian Centres IPO Postponed Two Days, But will Still Make History

  SUSTG Team  |  5. 21. 2019

  Saudi Arabia’s largest share offering in four years for Arabian Centres shopping malls has been postponed for two days amid rising geopolitical tensions and a looming trade war between the U.S. and China, but when trading begins, it will still be a historic moment for Saudi Arabia's markets.

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  Saudi Arabia’s Shura Council Approves Green Card-Style Residence Program

  SUSTG Team  |  5. 9. 2019