Analysis

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.

• Vision 2030

  

  Saudi Students See Greater Freedom in Travel with New Rules

  SUSTG Team  |  8. 20. 2019

  New rules put in place by Saudi government authorities have granted the right of all Saudi students studying oversees to travel without requiring a permit from their parents or guardians, even if they are under the age of 21, according to reports.

• Entertainment

  

  Will Formula One Racing Come to Saudi Arabia?

  SUSTG Team  |  8. 6. 2019

  Saudi Arabia and Formula One are discussing the possibility of holding a race in the country, "and team bosses have been asked for an opinion," sources told Reuters on Tuesday.

• Flyadeal

  

  Saudia’s Flyadeal Cancels $6b Boeing Deal, Opts for Airbus’ A320neo

  SUSTG Team  |  7. 8. 2019

  Saudi airline Flyadeal has canceled an order for up to $6 billion worth of Boeing 737 Max planes, instead opting to purchase from Boeing's top European competitor, Airbus SE, according to reports.

• Debt Finance

  

  Saudi Arabia Raises €3b in first bond denominated in European currency

  SUSTG Team  |  7. 3. 2019

  Saudi Arabia has raised 3 billion euros from over 14.5 billion worth of orders for its first bond denominated in European currency, according to reports.