Analysis

PIF Returns to Buy-Low Playbook with 2Q Stock Market Buying Spree

• SUSTG Team
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• 8. 18. 2022

Saudi Arabia’s Public Investment Fund (PIF) bought shares in Alphabet, Zoom Video, and Microsoft this week as part of a wider pick of U.S. stocks, bringing the market value of the sovereign wealth fund's investment portfolio to about $40.8 billion at the end of the second quarter, Reuters reports.

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  Report: Saudi, UAE Save Remaining Spare Capacity for Potential Winter Supply Crisis

  SUSTG Team  |  8. 4. 2022

  According to a report in Reuters, OPEC+ production leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a "significant increase" in oil output "should the world face a severe supply crisis this winter," sources familiar with the thinking of the top Gulf exporters told Reuters.

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  OPEC, Allies Agree to Increase in Oil Production

  SUSTG Team  |  8. 3. 2022

  Saudi Arabia and the OPEC+ group of oil-producing countries agreed to a small increase in oil production on Wednesday by 100,00bpd after the U.S. and other consuming nations called for more crude in the market, according to reports.

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  Crown Prince Mohammed bin Salman arrives in Greece in First Visit to Europe Since 2018

  SUSTG Team  |  7. 26. 2022

  Saudi Arabia’s Crown Prince Mohammed bin Salman arrives in Greece today for talks with its premier, Kyriakos Mitsotakis, marking his first trip to a European Union nation since 2018.

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  Foreign Direct Investment into Saudi Arabia Jumps 9.5%, Saudi Arabia’s Ministry of Investment Says

  SUSTG Team  |  6. 29. 2022

  Saudi Arabia recorded 9.5% increase year on year in foreign direct investment (FDI) flows during the first three months of 2022, Saudi Arabia's Ministry of Investment (MISA) said on Twitter on Tuesday.

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  Saudi Crown Prince Lands in Egypt on Start of Regional Tour

  SUSTG Team  |  6. 21. 2022

  Saudi Arabia's Crown Prince Mohammed bin Salman arrived in Cairo, Egypt on Monday, kicking off his first tour outside the Gulf region in over three years, according to reports.

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  Saudi Arabia Invites Proposals for Rabigh 4 Independent Water Project; 8 Pre-Qualified to Bid

  SUSTG Team  |  6. 20. 2022

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  President Biden Visit to Saudi Arabia Likely in July; Says US-Saudi Ties on ‘Steady Footing’

  SUSTG Team  |  6. 8. 2022

  President Biden and the White House said US-Saudi relations are on "solid footing" and that the President is targeting a July date to visit the Kingdom and meet with its top leadership, according to comments by the White House press secretary Karine Jean-Pierre said.

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  Number of Women with Jobs in Saudi Arabia has ‘Nearly Doubled in the Last Five Years’

  SUSTG Team  |  5. 19. 2022

  The number of women with jobs in Saudi Arabia "has nearly doubled in the last five years and now stands at over 35 per cent of the workforce," a top official in Saudi Arabia said this week, according to comments reported by The National.

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  Saudi Arabia’s Inaugural ‘Future Aviation Forum’ Begins May 9

  SUSTG Team  |  5. 4. 2022

  Saudi Arabia is hosting the inaugural Future Aviation Forum next week, a new annual event that aims to seize the opportunity of a "pivotal moment for the global aviation sector," a Saudi official said.