Analysis

IMF 2014 REPORT

IMF Report on Saudi Arabia Cites Growth, Finds Near-Term Outlook ‘Positive’ but Warns of Deficit in 2015

• SUSTG Team
• |
• 9. 24. 2014

A recently released detailed report on the economy of Saudi Arabia by the IMF finds the Kingdom’s current economic situation is on solid footing with near-term growth expected to continue, but warns of a looming fiscal deficit in 2015.

• Telecom

  

  ‘Security, Lack of Co-Operation’ to Blame in Delay of Newcomers to Saudi’s Mobile Market, Report Finds

  SUSTG Team  |  9. 24. 2014

  Reuters reports that state security requirements and a lack of co-operation from Saudi Arabia’s existing telecom operators have delayed the launch of two new mobile companies until later this year, citing their chief executives.

• Saudi Capital Markets

  

  NCB’s October 19th IPO May be 2014’s Second Largest Behind Alibaba

  SUSTG Team  |  9. 22. 2014

  Saudi Arabia's National Commercial Bank is set to issue an IPO in October that might raise as much as $4.3 billion, which would be the second largest of 2014 behind China's Alibaba Group Holding Ltd., Bloomberg's Matthew Martin reports.

• Advertising

  

  LG Breaks a Record on way to King Khalid International Airport

  SUSTG Team  |  9. 19. 2014

  It's about 45 kilometers from Riyadh to King Khalid International Airport. For a couple kilometers during that trip you are now able to see the largest outdoor advertising structure ever. In fact, for about a quarter of a kilometer you will be passing right by it.

• FocusKSA

  

  #FocusKSA: Mark N. Katz Discusses Regional Challenges for the Arabian Gulf States

  SUSTG Team  |  9. 18. 2014

  SUSRIS' Pat Ryan spoke with George Mason University's Mark N. Katz, who recently attended the “Arabian Gulf and Regional Challenges” conference that took place September 16-17, 2014, in Riyadh.

• Investing in Saudi Arabia

  

  SAGIA in Transition

  Richard Wilson  |  9. 18. 2014

  The Saudi Arabian General Investment Authority (SAGIA) was established to support the Kingdom's efforts to liberalize its economy. Over the last 14 years SAGIA has been a chief strategist, a leading promoter and a key commercial point of entry for the Kingdom.

• ISLAMIC STATE

  

  Arab States Offer Willingness to Conduct Air Strikes on Islamic State as CENTCOM Chief Visits Riyadh

  Lucien Zeigler  |  9. 15. 2014

  The U.S. has received offers from “several” Gulf allies to aid in airstrikes against the Islamic State, according to the New York Times and several other news outlets as US CENTCOM chief Lloyd James Austin III met with Crown Prince Salman in Riyadh today.

• US-Saudi

  

  John Kerry in Jeddah, Saudi Arabia to Coordinate with Allies in Upcoming Battle Against the Islamic State

  SUSTG Team  |  9. 11. 2014

  Saudi Arabia has agreed to provide bases for the training of moderate Syrian rebels who are battling the Sunni militants and the Assad government in Damascus, the New York Times reports.

• Islamic State

  

  At Dinner with Foreign Policy Experts, Obama Previews Plans to Escalate Attacks on IS Without Congressional Approval

  Lucien Zeigler  |  9. 9. 2014

  A little over one year ago, Obama wanted authorization to conduct strikes on Syria's Assad, but at the time, would not do them without Congressional consent. Now, Obama will strike Islamic State targets in Syria without that approval, the President reportedly told experts at the White House Monday.

• Higher Education

  

  Higher Education in Saudi Arabia: ‘The Easiest Part is the Buildings, the Hardest Part is What is Behind the Walls’

  SUSTG Team  |  9. 9. 2014

  The 150,000 Saudi students studying overseas and 83,000 in the United States are just one part of Saudi Arabia’s higher education plans