Analysis

RAMADAN 2020

Ramadan Kareem from the SUSTG Team

• SUSTG Team
• |
• 4. 23. 2020

The SUSTG team wishes to express our warmest wishes on the occasion of the holy month of Ramadan.

• Oil Markets

  

  COVID-19-Induced Oil ‘Demand Destruction’: Jadwa Sees Saudi Crude Production at 9.4 mbpd Average in 2020

  SUSTG Team  |  4. 20. 2020

  With a bleak outlook for oil demand growth in 2020 by OPEC, and recent pledged cuts agreed to by the so-called OPEC+ group of producers last week, Saudi Arabia is set to produce about 2 million barrels per day less on average.

• Oil Markets

  

  Oil Continues Steep Decline; U.S. Crude Reaches 17-Year Low

  SUSTG Team  |  3. 18. 2020

  Oil prices fell for a third session on Wednesday on indices around the world, and U.S. crude futures tumbled to a 17-year low "as the outlook for fuel demand darkened with travel and social lockdowns triggered by the coronavirus epidemic," according to Reuters.

• Saudi Aramco IPO

  

  Saudi Aramco reports 2019 results in ‘difficult macro environment’

  SUSTG Team  |  3. 16. 2020

  Saudi Aramco announced its full-year 2019 financial results, delivering "strong profits and dividends despite a lower price environment and challenging margins in refining and chemicals," the company said in a press release.

• COVID-19

  

  Saudi Arabia Postpones Red Sea Festival, Takes Other Precautions Against COVID-19

  SUSTG Team  |  3. 4. 2020

  Saudi Arabia is taking unprecedented steps to curb the spread of the Coronavius, or COVID-19, in the Kingdom, announcing that it would suspend the upcoming Red Sea Film Festival after announcing a suspension of the Umrah religious pilgrimage for its citizens and residents.

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  Saudi Arabia Continues with Cautious Path on Coronavirus; King Salman, Xi Jinping Speak by Phone

  SUSTG Team  |  2. 6. 2020

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  KSA sets air traffic records

  SUSTG Team  |  7. 19. 2024

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  Already a Riyadh Centerpiece, KAFD CEO Gautam Sashittal Discusses Future Plans

  SUSTG Team  |  3. 14. 2024

  Gautam Sashittal, CEO of King Abdullah Financial District Development and Management Company (KAFD DMC), sits with Imogene Lillywhite of Zawya for an extensive interview outlining what is next for the exciting city hub.

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  Riyadh Air Makes Waves at Aviation Festival of Asia 2024

  SUSTG Team  |  2. 28. 2024

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  Al-Falih Says Vision 2030’s Impact on Saudi Economy is Visible in 66% Increase in GDP

  SUSTG Team  |  12. 12. 2023

  Saudi Arabia's Minister of Investment, HE Khalid Al-Falih, said that the Kingdom’s gross domestic product (GDP) has increased by 66 percent since the launch of Saudi Arabia's Vision 2030.