Analysis

CONSTRUCTION IN SAUDI ARABIA

In Letter to King Salman, Council of Saudi Chambers Chairman Al-Zamil Urges Payments to Construction Firms

• SUSTG Team
• |
• 2. 16. 2016

Saudi businessman and Chairman of the Council of Saudi Chambers of Commerce, Dr. Abdulrahman al-Zamil, has written a letter to Saudi Arabia's King Salman requesting that he intervene to ensure that the government makes delayed payments to construction companies.

• Water in Saudi Arabia

  

  How Long Does Saudi Arabia Have Until it Runs Out of Groundwater?

  SUSTG Team  |  2. 12. 2016

  A new local study done by the King Faisal University finds that Saudi Arabia’s timetable for water is much shorter than previously estimated.

• U.S.-Saudi

  

  Will Saudi Arabia Remove the Requirement for a Local Partner in a Bid to Boost Foreign Investment?

  SUSTG Team  |  2. 9. 2016

  Saudi Arabia, with low oil prices putting the pinch on virtually every corner of the Saudi economy, is pushing hard for foreign entities to invest in Saudi Arabia. This was a theme at the recently-held U.S.-Saudi CEO Summit in Riyadh, Saudi Arabia in January, as well as the GCF.

• 

  FM Al-Jubeir Blasts Critics of Saudi Arabia’s Counter-Terrorism Efforts: ‘It is in our National Interest to Defeat Terrorism’

  SUSTG Team  |  2. 4. 2016

• GCF 2016

  

  Saudi Competitiveness, Energy, Women in Focus at 9th Global Competitiveness Forum in Riyadh

  SUSTG Team  |  1. 26. 2016

  Annually, the GCF is one of the largest and business forums in the Kingdom and is well-attended by busienss by government, business, and academic leaders from Saudi Arabia and abroad.

• U.S.-Saudi Defense Cooperation

  

  Delivery Schedule, Costs Become Sticking Points in U.S.-Saudi Littoral Combat Ship Deal

  SUSTG Team  |  1. 13. 2016

  Saudi Arabia is balking at the potential sale from the U.S. Navy of 4 Lockheed Martin Littoral Combat Ships because of concerns about delivery schedules and costs, according to a report in Defense News.

• Fiscal Policy

  

  Fitch: 2016 Saudi Budget ‘Contains Significant Reforms and Follows Notable Expenditure Restraint’

  SUSTG Team  |  1. 6. 2016

  In a recently released statement by Fitch Ratings, the agency said Saudi Arabia's 2016 budget "contains significant reforms and follows notable expenditure restraint during the second half of 2015, but the fall in oil prices means that the deficit/GDP ratio will again be in double-digits."

• Saudi-Turkey

  

  Saudi-Turkey Ties Grow with Erdogan Visit, Agree to Form ‘Strategic Cooperation Council’

  SUSTG Team  |  12. 30. 2015

  Turkish President Recep Tayyip Erdogan visited Saudi Arabia this week to meet with top Saudi officials to discuss security and energy cooperation.

• 2016 Budget

  

  Early Look at Saudi Arabia’s 2016 Budget Reveals Spending at $226b

  SUSTG Team  |  12. 28. 2015

  Saudi officials revealed the Kingdom’s 2016 budget at a press conference today in Riyadh, a budgeted spend of 840 billion riyals ($224 billion) and forecasted revenue at 513 billion ($137 billion).

• 

  ‘Major Economic Shake-Up’ In the Works for Saudi Arabia

  SUSTG Team  |  12. 21. 2015

  Saudi Arabia’s deputy crown prince Mohammed bin Salman, Minister of Defense and chair of the powerful Council of Economic and Development Affairs, is planning a major economic shake-up that involves “plans to reshape the economy to withstand low oil prices.”