Analysis

ECONOMY

NCB: Saudi real GDP to grow 3.4 percent in 2015

• SUSTG Team
• |
• 6. 10. 2015

Saudi Arabia will face a moderate business cycle during 2015 and 2016, growing around 3% in real terms, the National Commercial Bank (NCB) said.

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  Level of Turmoil in Middle East at ‘Highest Point in 50 years’, Gulf Expert Writes in Politico Magazine

  SUSTG Team  |  6. 5. 2015

• Security

  

  Cash Reward Offered for Wanted Men Connected to Mosque Bombings

  SUSTG Team  |  6. 4. 2015

  Saudi Arabia's government offered a $1.3m cash reward for men connected to bombings at mosques in the past two weeks, saying that "[a]nyone dealing with the wanted men will be held accountable."

• Saudi Exports

  

  Saudi Arabia’s total exports in 2014 dropped by 8.9 percent

  SUSTG Team  |  5. 29. 2015

  Imports into Saudi Arabia rose by 3.3 percent to SR651.88bn ($173.8bn), but exports fell by 8.9 percent in 2014, new statistics show.

• Economy

  

  Photos: King Salman Urges More ‘Support to Investment and Investors in the Kingdom’ at High-Level Business Gathering

  SUSTG Team  |  5. 28. 2015

  King Salman addressed presidents and members of the Council of Saudi Chambers of Commerce, CEOs and directors of banks, businessmen, senior officials of the Ministries of Commerce and Industry and Labor, as well as SAGIA and SAMA officials at at Al-Salam Palace.

• U.S.-Saudi

  

  Saudi Arabia Seeks Sikorsky MH-60R Helicopters, First Military Sale Request from a Gulf State Since Camp David Summit

  SUSTG Team  |  5. 22. 2015

  The Royal Saudi Navy is seeking to purchase 10 Sikorsky MH-60R Sea Hawk helicopters as part of its naval expansion program, the first military purchase since the U.S.-GCC summit last week in Washington.

• Saudi Energy Policy

  

  Sfakianakis: “The choices now being made stand to alter the face of the kingdom”

  SUSTG Team  |  5. 20. 2015

  In a opinion piece in the Financial Times (paywall), veteran banker in Saudi Arabia Dr. John Sfakianakis writes, "when your income is cut in half, it helps to have a few dollars on hand, but even then you will have to make changes. So it is in Saudi Arabia..."

• U.S. - GCC Summit

  

  Reaction: GCC Camp David Summit ‘Exceeded Expectations’, Indicates ‘Clear and Continuing Commitment’ between U.S., Gulf Partners

  SUSTG Team  |  5. 18. 2015

  Reaction from officials and analysts after last week's U.S.-Gulf Cooperation Council (GCC) meeting indicate that President Obama's outreach to leaders helped to shore up the U.S.-GCC alliance.

• U.S.-G.C.C. Relations

  

  President Obama Hosts GCC Leaders to Camp David, Offers ‘Ironclad’ Security Commitment

  SUSTG Team  |  5. 15. 2015

  President Barack Obama hosted a summit of GCC member states in Camp David this week to shore up U.S. security support for external threats to Gulf Nations and discuss the Administration's nuclear deal with Iran.

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  French President Hollande in Riyadh for Talks on Regional Issues with GCC Leaders

  SUSTG Team  |  5. 5. 2015