Analysis

Saudi Economy to Grow Fastest in Over a Decade in 2022; IMF Raises 2022 Forecast to 7.6%

• SUSTG Team
• |
• 4. 20. 2022

Forecasters are raising estimates on Saudi economic growth for 2022 as higher oil prices persist while non-oil output growth exceeds expectations, according to reports.

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  Global Entrepreneurship Congress in Riyadh Attracts $600m in Investment Announcements

  SUSTG Team  |  3. 29. 2022

  The Global Entrepreneurship Congress, a conference gathering investors, policymakers and community leaders from around the world to focus on the startup space, is underway in Riyadh with big announced investments into the important sector for the Kingdom's diversification goals.

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  Saudi Aramco to Invest Doubled Profits, with a Focus on Upstream

  SUSTG Team  |  3. 22. 2022

  Saudi Aramco said its 2021 net profit more than doubled to $110 billion, in what amounts to a significant boost to the Kingdom's economy as it seeks to continue ahead with Vision 2030 economic and social reforms.

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  Inaugural World Defense Show in Saudi Arabia Produces Results in Saudi’s Localization Drive for U.S. Companies

  SUSTG Team  |  3. 7. 2022

  Saudi Arabia is hosting its first ever major defense show as industry giants from around the world assemble in Riyadh to display the latest in military tech -- and pitch for lucrative opportunities as Saudi Arabia seeks to localize much of its defense industry production.

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  Top PGA Tour Golfers Balk at Saudi-backed Super Tour, Dealing Blow to Organizers

  SUSTG Team  |  2. 21. 2022

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  Report: Staggering Estimated Cost of Air Pollution for the Middle East Reaches $141 billion a Year

  SUSTG Team  |  2. 9. 2022

  Air pollution is costing the Middle East and North Africa (MENA) region countries as much as 2% of total economic output per year, a World Bank report said, which said that MENA nations should curb fossil-fuel subsidies, provide cleaner transport and create markets for emissions.

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  Overwhelming Interest in Saudi Security Company Elm’s IPO; Institutional Investors 69.5x Oversubscribe

  SUSTG Team  |  2. 1. 2022

  Elm, a digital security firm owned by Saudi Arabia’s Public Investment Fund, drew $57 billion in orders for its IPO from institutional investors, according to Bloomberg, in what appears to be the latest evidence that the appetite for middle east stocks continues to run strong.

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  Report – Global Islamic Funds Market has Grown by More than 300% Over the Last Decade

  SUSTG Team  |  1. 27. 2022

  The global Islamic funds market has grown by more than 300% over the last decade to nearly reach $200 billion in assets under management, according to a new report from the Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) as reported in Reuters.

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  Saudi Arabia’s Stock Market Holds Near 15-Year Highs; Goldman Sees Saudi as Region’s Busiest in 2022

  SUSTG Team  |  1. 24. 2022

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  Goldman Sachs is ‘Extremely Bullish’ on Commodities Amid Potential Decade-Long ‘Supercycle’

  SUSTG Team  |  1. 6. 2022

  Goldman Sachs’s global head of commodities research Jeff Currie told Bloomberg today in a televised interview that the bank is “extremely bullish” on commodities amid a supercycle that has the potential to last for a decade.