Analysis

Saudi-US Business Forum held in Riyadh

• SUSTG Team
• |
• 12. 9. 2024

The Federation of Saudi Chambers, in collaboration with the U.S. Department of Commerce, organized the Saudi-U.S. Business Forum in Riyadh on Sunday. The event was attended by Secretary General of the Federation Walid Al-Arainan, Deputy Chief of Mission at the U.S. Embassy Alison Dilworth.

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  4th Saudi Green Initiative Forum concludes

  SUSTG Team  |  12. 6. 2024

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  At COP16 in Riyadh, Arab Coordination Group pledges $10 billion to combat land degradation

  SUSTG Team  |  12. 5. 2024

  The Arab Coordination Group pledged $10 billion while the OPEC Fund and the Islamic Development Bank committed $1 billion each to the Riyadh Global Drought Resilience Partnership, alongside the $150 million dollars provided by Saudi Arabia to operationalize the initiative.

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  French President Macron in Saudi for three-day state visit

  admin  |  12. 4. 2024

  French President Emmanuel Macron’s arrival in Riyadh on Monday for a three-day state visit demonstrates the deepening ties between France and Saudi Arabia. The visit follows an invitation from Crown Prince Mohammed bin Salman and it reflects the shared ambition to enhance cooperation across various

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  FIFA issues highest ever rating for 2034 World Cup in Saudi Arabia

  SUSTG Team  |  12. 3. 2024

  Saudi Arabia’s 2034 World Cup bid received a higher technical score from Fifa than the 2026 joint bid by the United States, Canada and Mexico, even though the Middle Eastern nation has yet to construct a number of stadiums proposed for the tournament.

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  Riyadh hosts COP16 – the United Nations Convention to Combat Desertification

  SUSTG Team  |  12. 2. 2024

  The largest-ever meeting of the United Nations Convention to Combat Desertification (UNCCD) is set to kick-off in Riyadh, with an action-packed agenda to drive multilateral action on land degradation, drought and desertification.

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  Its a big day – Riyadh Metro

  SUSTG Team  |  11. 29. 2024

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  FY 2025 Budget approved with $27bn deficit forecast

  SUSTG Team  |  11. 27. 2024

  Saudi Arabia the state budget for fiscal year 2025 with revenues projected at SR1.18 trillion ($315.73 billion) and expenditure at SR1.28 trillion, leading to a deficit of SR101 billion. Saudi Arabia’s Real GDP growth is projected at 4.6 percent in 2025, up from the 0.8% in 2024

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  Moody’s upgrades Saudi Arabia’s rating on economic diversification efforts

  SUSTG Team  |  11. 25. 2024

  Moody’s upgraded Saudi Arabia’s sovereign credit rating to Aa3, citing progress in economic diversification and prudent fiscal management. The agency’s fourth-highest grade reflects confidence in KSA to sustain forecasted deficits of 2%-3% per year through 2030, supported by a low debt to GDP ratio.

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  First three lines of Riyadh Metro to open this week

  admin  |  11. 24. 2024

  The Riyadh Metro is part of the King Abdulaziz Project for Riyadh Public Transport and will consist of six metro lines spanning a total length of 176 kilometres (109 mi), with 84 stations. The project will cost $22.5 billion to build.[