Analysis

FII 2019

Future Investment Initiative 2019 Begins Tomorrow in Riyadh; Finance, Global Leaders Set to Attend

• SUSTG Team
• |
• 10. 28. 2019

The third installment of Saudi Arabia's mega-conference, the Future Investment Initiative (FII) will kick off tomorrow October 29th at the Ritz Carlton in Riyadh.

• Ease of Doing Business

  

  Saudi Arabia Celebrates Major Progress, Accomplishments in latest ‘Ease of Doing Business’ Ranking

  SUSTG Team  |  10. 25. 2019

  Saudi Arabia jumped a whopping 30 places in the annual World Bank 'Ease of Doing Business' report for 2020, a survey of business efficiency in 190 countries, and was the top reforming country in the study this year.

• Saudi-Palestine

  

  Saudi Arabia, Palestine to Set Up Joint Business Council

  SUSTG Team  |  10. 17. 2019

  Saudi Arabia and the Palestinians agreed on Thursday to establish a joint economic committee and a business council, the SPA reports.

• Tourism and Hospitality

  

  Historic Change Opens Up Saudi Arabia to Foreign Tourists, Relaxes Dress Restrictions

  SUSTG Team  |  9. 27. 2019

  Saudi Arabia announced a new tourist visa scheme on Friday that will see the Kingdom open up to international leisure travelers for the first time, a historic milestone in a broader push to diversify and modernize its economy and society.

• Vision 2030

  

  Saudi Arabia’s Financial Sector Development Program Sees ‘Fair Level of Progress’, Report Says

  SUSTG Team  |  9. 20. 2019

  A recently-released report from Jadwa Investment finds "a fair level of progress on most areas" in the Kingdom's important Financial Sector Development program (FSDP), encouraging news for the diversification of Saudi Arabia's economy and modernization of its financial sector.

• Oil

  

  Saudi Arabia will Continue Efforts to Raise Oil Prices with Compliance on OPEC+ Production Cuts

  SUSTG Team  |  9. 12. 2019

  Saudi Arabia's new minister of energy Prince Abdulaziz bin Salman said the Kingdom would continue to overcomply voluntarily with oil output cuts agreed by the OPEC+ producer alliance, Reuters reports, as the Saudi Arabia hopes to push the price of oil higher.

• Renewable Energy

  

  Saudi energy ministry appoints new head of REPDO, the Kingdom’s renewables body

  SUSTG Team  |  9. 6. 2019

  Saudi Arabia's energy ministry has appointed a new head of its renewable energy project development office (REPDO) as the Kingdom pushes ahead with ambitious plans to integrate more renewable energy as part of its Vision 2030 economic and social reform plan.

• Women

  

  Women in Saudi Arabia begin exercising new travel rights as reforms progress

  SUSTG Team  |  8. 23. 2019

  Saudi women are beginning to exercise their new rights to travel without guardian approval as the Kingdom continues to enact progressive reforms as part of its Vision 2030 social and economic blueprint.

• Saudi Aramco IPO

  

  Saudi Aramco Picks Advisors for Second Run at Initial Public Offering

  SUSTG Team  |  8. 21. 2019

  Saudi Aramco has made first selections for financial partners in its rejuvenated attempt to file for an initial public offering (IPO), choosing Bermuda-based Lazard Ltd. and Moelis & Co. as advisors, people with knowledge of the matter told Bloomberg.

• U.S.-Saudi Relations

  

  U.S. Ambassador to Saudi Arabia Praises Kingdom’s Generosity and Hospitality during 2019 Hajj

  SUSTG Team  |  8. 16. 2019

  US Ambassador to Saudi Arabia John Abizaid praised the Kingdom’s hospitality during this year’s Hajj season, saying the nation’s generosity was “truly on display for the world to see.”