Analysis

Saudi Arabia’s Nayifat Finance Company Latest to Announce IPO Plans on Surging Tadawul

• SUSTG Team
• |
• 10. 13. 2021

Saudi Arabia's Nayifat Finance Company said on Tuesday it plans an initial public offering (IPO) on the Riyadh stock exchange with a free float of 35% of its shares, according to a Reuters report.

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  Saudi Arabia Adjusts Fiscal Outlook for 2022, Jadwa Investment Sees ‘Conservative’ Approach by Saudi Ministry of Finance

  SUSTG Team  |  10. 4. 2021

  Saudi authorities released a preliminary budget statement for the 2022 fiscal year on 30th September 2021, and some fiscal and economic indicators were revised for the medium term.

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  Residential Mortgages Soar in Saudi Arabia; Commercial Rents in Riyadh See Post-Pandemic Recovery

  SUSTG Team  |  9. 21. 2021

  Roughly five years after the launch of the Kingdom's National Transformation Plan (NTP), a key part of the Saudi Arabia's Vision 2030 social and economic masterplan, Saudi is seeing major initial progress in the real estate sector, with new residential mortgages soaring 1000% since 2016.

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  ‘Massive’ Coral Colony Discovered on Saudi Arabia’s Al-Waqadi Island is First in Region

  SUSTG Team  |  9. 7. 2021

  A team of marine scientists and environment experts working for the Red Sea Development Company found a massive and unique coral reef south of Al-Waqadi Island off of Saudi Arabia's coastline, Arab News and the Saudi Press Agency report.

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  Report: Potential Showdown Looms as PGA Tour Says it Wont Allow Players to Compete in Saudi International

  SUSTG Team  |  7. 30. 2021

  The PGA Tour will refuse to allow some of its biggest stars to play in the Saudi International golf tournament next year in response to the Saudi Public Investment Fund's backing of a new challenging tour to rival the PGA, according to a report in Golf Week.

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  Saudi Arabia’s Rock Art Complex Hima Gets Sought-After UNESCO World Heritage list Designation

  SUSTG Team  |  7. 27. 2021

  Hima, one of the largest rock art complexes in the world located in Saudi Arabia, has landed on UNESCO's World Heritage list, the sixth such location in the Kingdom to receive the sought-after designation, according to reports.

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  Biden Administration, Saudi Arabia ‘Working Closely on Multiple Fronts’, Top Embassy Spokesman Fahad Nazer Says

  SUSTG Team  |  7. 12. 2021

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  Saudi Screening of Hajj Applicants Enters Second Stage as 560k Apply for Only 60k Spots

  SUSTG Team  |  6. 25. 2021

  The second stage of the selection process for 60,000 places available at the Hajj pilgrimage in 2021 began on Friday, the National reports, with applications being sorted according to health status.

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  U.S. State Department Blasts Yemen’s Houthis, Says Iran-Backed Group Bears ‘Major Responsibility’ in Conflict

  SUSTG Team  |  6. 4. 2021

• Israel-Palestine

  

  Saudi Arabia, Arab League Blast Israel’s ‘Excessive Force’ in Gaza

  SUSTG Team  |  5. 12. 2021

  Saudi Arabia’s foreign minister on Tuesday condemned Israel’s attempts to evict Palestinians from their homes, as the Kingdom and the Arab League "angrily denounce" what they call the use of excessive force in Gaza.