Analysis

TOURISM

Saudi Arabia Taps Aradhana Khowala for NEOM Tourism Chief

• SUSTG Team
• |
• 8. 30. 2018

Aradhana Khowala, former CEO and founder of Aptamind, a global private client advisory firm, has been appointed as NEOM’s managing director of tourism, according to reports.

• Vision 2030

  

  SAMI CEO Gives Interview to DefenseNews.com: ‘SAMI itself is acting as a kind of active holding company’

  SUSTG Team  |  8. 28. 2018

  The CEO of Saudi Arabian Military Industries (SAMI) recently gave an interview with DefenseNews.com about how the organization works within Vision 2030 to develop the Kingdom's future defense industry.

• Economy

  

  Saudi Arabia’s Fiscal Deficit Narrows Dramatically, Jadwa Investment Report Finds

  SUSTG Team  |  8. 15. 2018

  Saudi Arabia's total government revenue soared in Q2 2018 compared with the same period last year, according to a recent report by Jadwa Investment.

• Saudi Aramco

  

  Saudi Aramco Appoints New Top-Level Positions During Board Meeting

  SUSTG Team  |  8. 10. 2018

  Saudi Aramco has made new appointments during a meeting of its board of directors, naming Khalid al-Dabbagh to become senior vice president for finance. Al-Dabbagh takes over the position from Abdallah al-Saadan, who is now chairman of the Royal Commission for Jubail and Yanbu.

• Public Investment Fund

  

  Saudi Arabia’s PIF Ups Stake in Tesla, Musk Considers Taking Company Private

  SUSTG Team  |  8. 8. 2018

  Saudi Arabia's Public Investment Fund (PIF) has bought a minority stake in Tesla at just below 5 percent, Reuters reports, citing a source familiar with the stake.

• Vision 2030

  

  Report: Saudi-backed SoftBank Earnings Surge on Vision Fund Valuation

  SUSTG Team  |  8. 7. 2018

  SoftBank has reported a 49.2 percent surge in its latest quarterly earnings due in part to a $2.2 billion gain at its tech-focused Saudi-backed Vision Fund, Zawya reports.

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  Reports: Saudi Aramco Interested in Buying Controlling Stake in Sabic, Possibly Up to 70%; IPO Timeline in Question

  SUSTG Team  |  7. 23. 2018

• U.S.-Saudi Relations

  

  Report Says U.S., Saudi Arabia Officials Working Closely on Ongoing Economic, Security Cooperation

  SUSTG Team  |  7. 11. 2018

  U.S. government teams spent three days in Saudi Arabia discussing ways to cut off money flows to Iran without disrupting energy markets, Bloomberg reports, ahead of U.S. efforts to press nations to stop buying Iranian oil by Nov. 4.

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  Report: Saudi Modified Mineral Investment System Preparation Done: Al-Falih

  SUSTG Team  |  7. 9. 2018

  The Saudi Ministry of Energy, Industry and Mineral Resources announced Sunday the completion of the modified mineral investment system which will "open the path for investors and the private sector to benefit from promising investment opportunities in this vital sector."

• Saudi Aramco

  

  Saudi Aramco, US Firm NOV Sign Deal for Onshore Oil Rigs, Equipment

  SUSTG Team  |  6. 29. 2018

  Saudi Aramco signed a deal with Houston-based National Oilwell Varco Inc. (NOV) to form a joint venture to make onshore rigs and equipment in Saudi Arabia, according to a press release by Aramco and reported in several news outlets.