Analysis

Hot Gulf Region IPO Market Draws Global Attention — FT

• SUSTG Team
• |
• 3. 28. 2023

The Middle East North Africa (MENA) region saw 51 IPOs last year, raising $22bn, a 179% increase on 2021, a report in the Financial Times said, citing the advisory firm EY.

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  Saudi Arabia’s New National Airline, Riyadh Air, Names CEO and Eyes Billions in Boeing-Made 787s

  SUSTG Team  |  3. 14. 2023

  Saudi Arabia launched a new airline, Riyadh Air, and named an industry-veteran CEO in Tony Douglas for the new company this week. The airline, along with current state-flag carrier Saudi Airlines (Saudia) is also eying a massive order of between 80 and 121 Boeing-made airplanes, according to reports

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  Steve Lutes, Vice President, Middle East Affairs at U.S. Chamber of Commerce joins The 966

  SUSTG Team  |  3. 3. 2023

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  Senior US Delegation in Riyadh for Talks Shows Commitment, Official Tells Al Arabiya

  SUSTG Team  |  2. 14. 2023

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  LEAPing forward in an increasingly tech-focused Saudi Arabia, Riyadh as a global events destination, and much more

  SUSTG Team  |  2. 10. 2023

  The 966 Episode 75! The hosts discuss the recently-concluded LEAP conference and exhibition in Riyadh and how Saudi Arabia is increasingly becoming a leader in the space in the region.

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  The 966 exclusive interview with Bechtel Saudi Arabia Managing Director Jacob Mumm on the company’s active role at Neom, the Riyadh metro, and its storied history in the Kingdom

  SUSTG Team  |  1. 27. 2023

  In Episode 73 this week, The 966 features an exclusive conversation with Jacob Mumm, Managing Director for Bechtel Saudi Arabia. Bechtel's role in over 300 major projects throughout 80 years in Saudi Arabia, including the world's largest single industrial development project at Jubail...

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  Oil Continues Fall to $76 on Brent as Aramco Cuts Prices for Asia and Europe

  SUSTG Team  |  1. 5. 2023

  Saudi Arabia cut oil prices for its main market of Asia and for Europe, “signaling that demand remains sluggish as economies slow and coronavirus cases in China surge,” according to Bloomberg.

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  Saudi Arabia’s ACWA Power to build 1.5 GW wind plant in Uzbekistan

  SUSTG Team  |  12. 30. 2022

  Saudi Arabia's ACWA Power is set to build a sizable 1.5 GW wind energy plant in Uzbekistan, signing power purchase agreements and investment agreements to build the Kungrad wind farm in Karakalpakstan—previously known as the Karakalpakstan Wind IPP.

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  Riyad Capital Sees 2022 Non-Oil Economy Growth in Saudi Arabia at 5.2% in 2022 and 4.3% in 2023

  SUSTG Team  |  11. 29. 2022

  Saudi-based investment bank Riyad Capital said Saudi Arabia’s non-oil economy is projected to grow of 5.2% in 2022 and 4.3% in 2023, Hans Peter Huber, Chief Investment Officer, said in a report.

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  Lucid Teases ‘Gravity’, its First SUV with Seating for Seven, Targeting 2024 for Launch

  SUSTG Team  |  11. 16. 2022