Analysis

NEOM

Saudi Arabia’s Energy Ministry to Directly Assist with NEOM’s Development

• SUSTG Team
• |
• 8. 24. 2020

Saudi Arabia's Ministry of Energy will participate in the development of NEOM to ensure its timely completion, offering "assistance" in the city's grand development plans, according to Reuters, which cited comments from the Minister.

• NEOM

  

  Saudi Arabia’s King Salman Arrives in NEOM for Rest Period

  SUSTG Team  |  8. 13. 2020

  Saudi Arabia's King Salman bin Abdulaziz arrived in the NEOM economic zone on Wednesday for a period of rest and relaxation, according to state news agency SPA.

• MISA

  

  Saudi Arabia’s Ministry of Investment, U.S. Chamber Host Giga Projects Webinar

  SUSTG Team  |  7. 24. 2020

  Saudi Arabia's Ministry of Investment (MISA) and the U.S. Chamber of Commerce hosted an online webinar on Wednesday to explore and discuss the range of giga-projects available for investment in the Kingdom.

• Security

  

  U.S., Saudi-Chaired Body Created to Fight Terrorism Financing Sanctions Six

  SUSTG Team  |  7. 16. 2020

  Members of the Terrorist Financing Targeting Center (TFTC), a 2017-created body co-chaired by the U.S. and Saudi Arabia to fight terrorist financing, jointly designated six targets affiliated with the Islamic State of Iraq and Syria (ISIS), according to the U.S. Treasury Department.

• 

  Saudi Company Behind Red Sea Tourism Development Awards Airport Contracts

  SUSTG Team  |  7. 13. 2020

• Development

  

  Despite Downturn, Kingdom Presses Ahead with Ambitious Goals for Saudi Capital Riyadh

  SUSTG Team  |  7. 7. 2020

  Saudi Arabia is seeking to "double the size and population" of its capital Riyadh in the next decade, Reuters reports, citing comments from Fahd Al-Rasheed, president of Riyadh’s royal commission.

• VAT

  

  Life in Saudi Arabia: After Weeks of Lockdown, Savvy Saudi Shoppers Hunt for Bargains Ahead of VAT Deadline

  SUSTG Team  |  6. 30. 2020

  After weeks in lockdown with access to stores and malls restricted, Saudi shoppers found themselves under a time crunch to hunt for deals ahead of a planned increase in the Kingdom's Value Added Tax (VAT) on July 1.

• PIF

  

  Report: Kingdom Owns a Majority Stake in Tesla Rival Lucid Motors

  SUSTG Team  |  6. 26. 2020

  Saudi Arabia has amassed a more than 50% stake in California EV startup and Tesla rival Lucid Motors, according to a report in The Verge.

• 

  Aerial View of Jeddah Port Stars in NASA Earth Observatory’s Image of the Day

  SUSTG Team  |  6. 24. 2020

• Entrepreneurship

  

  New York-based Wahed Invest, an Online Halal Investment Platform, Secures Funding from Saudi Aramco

  SUSTG Team  |  6. 8. 2020

  New York-based online Islamic investment platform Wahed Invest has secured backing from Saudi Aramco, the world’s biggest company, to expand into the Middle East and make Riyadh its hub for the region, according to Bloomberg.