Analysis

Saudi Arabian Low-Cost Carrier Flynas is in Talks for an Airbus SE Jet Order – Reports

• SUSTG Team
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• 6. 13. 2023

Saudi Arabian low-cost carrier Flynas is in talks for an Airbus SE jet order, people familiar with the matter told Bloomberg, as the main challenger to U.S.-based Boeing eyes major deals from growing Middle East carriers.

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  Aquaculture in KSA

  SUSTG Team  |  7. 18. 2024

  The aquaculture sector has witnessed significant growth and is well on its way to achieving the government’s target of producing 600,000 tons of seafood annually. This progress is largely due to supportive government policies, essential infrastructure development, and significant investments.

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  Saudi Non-Oil Activity reaches 50% of GDP as Economy Continues to Diversify

  SUSTG Team  |  3. 15. 2024

  Non-oil economic activity in Saudi Arabia contributed 50 percent to the Kingdom’s gross domestic product in 2023, the highest level ever, the Ministry of Economy and Planning said on Thursday. The total non-oil economy was worth $453 billion at constant prices, driven by continued growth in investm

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  Lucid CEO Says Saudi Arabia Views Struggling EV Maker as Strategic Investment for Economic Diversification

  SUSTG Team  |  2. 27. 2024

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  NEOM Announces Launch of ‘Topian’, the NEOM Food Company, Seeking to ‘Revolutionize Global Food Systems’

  SUSTG Team  |  12. 11. 2023

  NEOM launched this weekend a new company, called "Topian," the NEOM Food Company, which "seeks to redefine food production, distribution, and consumption through the creation of sustainable and innovative food solutions across five vertical pillars: climate-proof agriculture; regenerative aquacultur

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  Lucid Air Limited Assembly In Saudi Arabia To Start In September; Company Slashes ‘Air’ Model Price

  SUSTG Team  |  8. 9. 2023

  Lucid Motors, an EV company in which the Saudi Arabian Public Investment Fund (PIF) has a majority ownership stake, announced its second-quarter financial results yesterday, and provided some updates on its plans during an earnings call lead by CEO Peter Rawlinson.

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  Brazilian Miner Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia’s PIF, Ma’aden – Report

  SUSTG Team  |  7. 26. 2023

  Brazilian miner Vale is reportedly close to completing a deal to sell a roughly 10% stake in its $25 billion base metals unit to a joint venture between Saudi Arabia’s sovereign-wealth fund, the PIF, and the Saudi mining company Ma'aden, people familiar with the matter told the Wall Street Journal.

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  Saudi PIF Reports $11 Billion Loss in 2022 after Earning $19 Billion in 2021 – Reports

  SUSTG Team  |  7. 12. 2023

  Saudi Arabia’s sovereign wealth fund lost $11 billion on its investments last year, as the fall in global stock and bond prices impacted its holdings, according to a report in Bloomberg.

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  Congressional Hearing Puts Capitol Hill Focus on Saudi Arabia’s Role in PGA

  SUSTG Team  |  7. 11. 2023

  Two top PGA Tour officials will meet with US lawmakers today on Capitol Hill and plan to tell them that Saudi Arabia would have little sway over the golf business if a proposed merger with LIV Golf goes through, according to Bloomberg.

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  Kingdom at the Forefront of Air Taxi Tech with Test of Volocopter in Collaboration with Neom

  SUSTG Team  |  6. 22. 2023

  Saudi Arabia's NEOM hosted the first test campaign of air taxi flights in the northwest of Saudi Arabia, building on a reputation of a leader in technologies in the under-development futuristic zone.