Analysis

Saudi’s PIF Profit and Spending up in 2023

• SUSTG Team
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• 7. 2. 2024

Saudi Arabia’s Public Investment Fund (PIF) made $25 billion from investment activities in 2023 after an $11 billion loss in 2022. It was also the top spender in 2023, deploying $31.6 billion.

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  Dolce & Gabbana Launches Flagship Saudi Store at Via Riyadh after Approaching KSA Market with ‘Caution and Respect’

  SUSTG Team  |  4. 1. 2024

  Fashion icon Dolce & Gabbana unveiled a unique strategy for Saudi Arabia, opening up a flagship new store in Via Riyadh after approaching the market with "caution and respect," Vogue Middle East reported.

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  Saudi Arabia Leads Arab Push for Palestinian State as Anger over Israel’s Brutality Mounts in East and West

  SUSTG Team  |  2. 9. 2024

  Saudi Arabia is pushing for Arab states to take “a common position on how to end Israel’s war on Hamas as fears grow over its attacks on the refugee haven of Rafah — while increasing calls for an independent Palestinian state,” Bloomberg reports.

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  AlUla’s Ancient Kingdoms Festival Spotlights the Region’s History

  SUSTG Team  |  11. 15. 2023

  The Ancient Kingdoms Festival in AlUla, Saudi Arabia returns for its second year November 16-December 2. The festival celebrates the three great oases of AlUla, Khaybar, and Tayma.

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  Video Shows Massive Lightning Strike Hitting Mecca Clock Tower, Heavy Rains Inundating Holy City

  SUSTG Team  |  8. 24. 2023

  A video published by the UAE-based The National shows Mecca's Clock Tower, one of the tallest buildings in the world, being dramatically struck by a bolt of lightning amid heavy rains that caused localized flooding.

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  Esports World Cup is Underway in Riyadh

  SUSTG Team  |  7. 3. 2024

  The Esports World Cup Foundation celebrated the start of the Esports World Cup , the world's largest gaming festival, held at Boulevard City in Riyadh, Saudi Arabia. The event runs for eight weeks, from July 3 – August 25 with more than 1,500 players from the best esports clubs across the globe.

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  KSRelief Spearheads Saudi aid to Gaza and the Globe

  SUSTG Team  |  3. 29. 2024

  King Salman Humanitarian Aid and Relief Centre (KSRelief) provides humanitarian aid and relief to people outside of Saudi Arabia's borders. KSRelief was established by King Salman bin Abdulaziz in 2015 and works in 46 countries, with a focus on the Middle East and North Africa region.

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  Discussing Saudi Arabia’s growth and construction projects with Waleed Abdel-Fattah, President of the MENA Region at Hill International

  SUSTG Team  |  2. 12. 2024

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  Aramco produces first unconventional tight gas at South Ghawar

  SUSTG Team  |  11. 16. 2023

  Aramco has successfully produced the first unconventional tight gas from its South Ghawar operational area two months ahead of schedule. This development supports Aramco’s strategy to increase gas production by more than half, over 2021 levels, through 2030, subject to domestic demand.

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  Saudi Arabia Sends Foreign Minister to BRICS Events in South Africa as it Seeks Membership

  SUSTG Team  |  8. 23. 2023

  Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah will arrive in South Africa this week to take part in the BRICS Plus Dialogue and the BRICS-Africa Outreach events, according to reports.