Analysis

Development on AMAALA Pushes Ahead as 300 Contracts Awarded Worth $1.6 Billion to Date

• SUSTG Team
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• 9. 12. 2022

Saudi Arabia's ultra-luxury tourism project AMAALA has broken ground and has $1.6 billion of contracts currently out to tender across 54 proposals, the project’s developer The Red Sea Development Company (TRSDC) revealed in a press statement.

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  Aviation Plans Set to be Revealed at Saudi Arabia’s Future Airport Development Summit Set for November in Riyadh

  SUSTG Team  |  8. 31. 2022

  Saudi Arabia is set to launch a new event, the Saudi Airport Exhibition, which organizers are billing as the largest dedicated event for airport development in Saudi Arabia.

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  SAMA Licenses Two More Fintech Companies, Bringing Total to 38

  SUSTG Team  |  8. 24. 2022

  The Saudi Central Bank, also known as the Saudi Arabian Monetary Agency (SAMA), announced on its website that it has granted permits to two companies to provide open banking solutions, bringing the total number of permitted Fintech companies operating under its Regulatory Sandbox to 38.

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  President Biden Concludes Trip to Saudi Arabia with Agreements to Cooperate on Range of Issues

  SUSTG Team  |  7. 18. 2022

  President Biden concluded his trip to Saudi Arabia with a renewed partnership with the Kingdom, pledging to work together with Saudi leadership to achieve shared goals on a number of diplomatic, energy, and trade issues.

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  Dr. Sean Foley joins The 966 to talk about a changing Saudi culture, art in the Kingdom and more, and looking ahead to Biden’s visit

  SUSTG Team  |  7. 15. 2022

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  Report: Announcement on Steps Toward Normalization of Saudi-Israel Relations Expected during President Biden’s Visit to Saudi Arabia

  SUSTG Team  |  7. 14. 2022

  Steps toward normalizing relations between Saudi Arabia and Israel are expected to be announced over the weekend after President Biden meets in Jeddah with Saudi King Salman and Crown Prince Mohammed bin Salman, according to a report in Axios, citing three Israeli officials.

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  Report: U.S. Justice Department Investigating PGA Tour in Fight With Saudi-Backed LIV Golf

  SUSTG Team  |  7. 12. 2022

  The Department of Justice is investigating whether the PGA Tour engaged in anticompetitive behavior as it battles the upstart, Saudi-backed LIV Golf circuit, the PGA Tour confirmed to The Wall Street Journal.

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  Raghad Fathaddin joins The 966; Oil’s price and Saudi spare production capacity, the new ‘Motawif’ app, and more…

  SUSTG Team  |  7. 1. 2022

  In episode 50, The 966 talks with Raghad Fathaddin, communications analyst for PepsiCo based in Riyadh, an entrepreneur and founder of Sangha "Estidama Hub", a Y20 delegate and also a WIn fellow.

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  IMF Sees 7.6% GDP Growth for Saudi Arabia in 2022; Highlights Solid Indicators

  SUSTG Team  |  6. 23. 2022

  The International Monetary Fund (IMF) has highlighted solid indicators for the Saudi economy, expecting a 7.6 percent overall GDP growth in 2022, according to a report. Non-oil growth will increase to 4.2 percent in 2022, with the current account surplus increasing to 17.4 percent of GDP in 2022.

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  Arabian Business’ Announces ‘Most Influential Arabs 2022’

  SUSTG Team  |  6. 9. 2022

  Regional publication Arabian Business has revamped its "Arab Power List" and is introducing the Most Influential Arabs 2022 to "celebrate and recognize the public sector figures, CEOs, founders and presidents, educationalists and financiers, healthcare leaders and entrepreneurs who are making a diff