Analysis

OIL

BofA Revises Upward 2021 Brent Oil Price by $10 a Barrel – Report

• SUSTG Team
• |
• 2. 23. 2021

Bank of America (BofA) Global Research has hiked its forecast for Brent crude oil prices for this year, citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, Reuters reports, citing a research note from the bank.

• Media

  

  Saudi Research and Marketing Group Hires Two Goldman Bankers as Execs, Looks to Expand

  SUSTG Team  |  2. 10. 2021

  Saudi media powerhouse Saudi Research & Marketing Group (SRMG) hired two bankers from Goldman Sachs Group Inc. in the Gulf in a bid to to bolster its regional and global presence, according to a report in Bloomberg.

• Golf

  

  Saudi International Kicks Off with English golfer David Horsey with a Day One Lead

  SUSTG Team  |  2. 4. 2021

  This week’s Saudi International kicked off today at the Royal Greens Golf and Country Club in King Abdullah Economic City, Saudi Arabia, playing host to an impressive field of star Tour pros.

• FII 2021

  

  Future Investment Initiative Conference Opens with Impressive Virtual Platform for Distance Participation, Audience

  SUSTG Team  |  1. 27. 2021

  Saudi Arabia's annual flagship investment conference, the Future Investment Initiative, began today with both in-person and remote participation from speakers and audience on an impressive digital platform built to expand engagement in the conference around the world.

• U.S.-Saudi relations

  

  Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Voices Optimism with U.S.-Saudi Relations under Biden Administration

  SUSTG Team  |  1. 22. 2021

  Saudi Arabia’s foreign minister has voiced optimism that relations between Riyadh and Washington will be “excellent” under new U.S. President Joe Biden, Al-Arabiya TV channel cited him as saying on Thursday.

• Investment

  

  Saudi Arabia’s Crown Prince Says Kingdom Offering $6 Trillion in Investment Opportunities Over Next Decade

  SUSTG Team  |  1. 14. 2021

  Saudi Arabia's Crown Prince Mohammed bin Salman said the Kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, he said in a speech at the World Economic Forum on Wednesday.

• Saudi-Qatar

  

  After Summit Agreement, Saudi Arabia’s Crown Prince Extends Saudi Hospitality to Visiting Qatari Emir

  SUSTG Team  |  1. 6. 2021

  This week, Saudi Arabia and other GCC nations buried the hatchet with neighboring Qatar after a diplomatic standoff that lasted over three years. The two sides, working toward a fresh start in recent weeks, finalized the end of the feud at Tuesday's 42nd GCC Summit in Saudi Arabia.

• Security

  

  Trump Administration Approves Nearly $300 Million in Bomb Sales to Saudi Arabia

  SUSTG Team  |  12. 30. 2020

  The Trump Administration's State Department has approved a possible the sale of nearly $300 million in GBU-39 Small Diameter Bomb I (SDB I) Munitions and related equipment to Saudi Arabia, the latest large U.S.-Saudi security deal to be approved in recent years.

• Coronavirus

  

  Saudi Arabia Joins Dozens of Nations in Blocking International Travel as Mutant Coronavirus Strain Alarms Authorities

  SUSTG Team  |  12. 21. 2020

  Saudi Arabia suspended late on Sunday all international commercial flights for a renewable week except for the foreign flights already in the kingdom which will be allowed to leave, according to reports.

• Energy

  

  Oil Approaches Prices Not Seen Since Start of Pandemic as Optimism on Vaccines, U.S. Stimulus Drives Prices

  SUSTG Team  |  12. 18. 2020

  Oil reached its highest close in almost 10 months as U.S. lawmakers worked toward finalizing a stimulus deal that may boost near-term demand ahead of a broad roll-out of the Covid-19 vaccine.