Analysis

VENTURE CAPITAL

Saudi-based STV Leads $23 Million Funding Round in Trukker

• SUSTG Team
• |
• 11. 12. 2019

Saudi-based Saudi Technology Ventures (STV) said in a blog post that it is leading a $23 million investment round in Trukker, a truck-focused digital freight marketplace and aggregator based in the UAE.

• Security

  

  State Department Lauds ‘Strong counterterrorism relationship’ between Saudi Arabia and the United States

  SUSTG Team  |  11. 4. 2019

  The U.S. State Department's recently-released country reports on terrorism praised the U.S.-Saudi "strong counterterrorism relationship."

• Entrepreneurship

  

  Venture Capital Set for Ten-fold Growth Over the Next Six Years in Saudi Arabia

  SUSTG Team  |  10. 16. 2019

  Venture capital investments in Saudi Arabia are set to grow ten-fold over the next six years, according to a new report by Saudi Technology Ventures published by The National.

• Sports

  

  To the Delight of Fans, Saudis Play Soccer Match in West Bank for First Time in Decades

  SUSTG Team  |  10. 15. 2019

  Game marks a change in policy for Riyadh, which has previously played against Palestinians in third countries in keeping with the decades-long Arab boycott of Israel

• Riyadh Season

  

  Officials Announce ‘Riyadh Season’, a Three-Month Series of Events

  SUSTG Team  |  10. 9. 2019

  Saudi officials have launched 'Riyadh Season', a new, three month series of events that will take place from October 15 to December 15 all around Riyadh.

• Saudi Film

  

  Saudi Arabia has Selected Haifaa Al Mansour’s ‘The Perfect Candidate’ as its Official Entry for the 2020 Oscars

  SUSTG Team  |  10. 4. 2019

  Saudi Arabia has selected Haifaa Al Mansour's The Perfect Candidate as its official entry for the 2020 Oscars in the best international feature category, according to reports.

• Maj. Gen. Abdulaziz Al-Fagham

  

  Saudis Pay Tribute to Famous Bodyguard to Kings Killed in Dispute with Friend in Jeddah

  SUSTG Team  |  9. 30. 2019

  Saudi citizens took to social media to pay tribute to Maj. Gen. Abdulaziz Al-Fagham, the bodyguard to both the late King Abdullah and King Salman who was killed in argument with a friend in Jeddah, Saudi state media said.

• Saudi Aramco IPO

  

  First shares in Aramco will be sold on Saudi stock exchange – reports

  SUSTG Team  |  9. 11. 2019

  Saudi Aramco will list the first shares of the company on Saudi Arabia's stock exchange, the Tadawul, and will do so "very soon," the company's CEO Amin Nasser said. The local listing is likely to precede an international one, but the company has not yet selected a location, according to reports.

• Economy

  

  IMF suggests Saudi Arabia double its VAT to 10%

  SUSTG Team  |  9. 10. 2019

  The International Monetary Fund (IMF) suggested that Saudi Arabia would see positive economic benefits by raising its Value Added Tax (VAT) to 10% after successfully implementing a 5% VAT last year.

• Governance

  

  Royal Decrees Shake Up Saudi Aramco, Energy and Industry Sectors

  SUSTG Team  |  9. 3. 2019

  A series of Royal Decrees issued by King Salman of Saudi Arabia on Friday included major shake ups to Saudi Aramco as well as government ministries and top leadership.