Analysis

LABOR

To Avoid Layoffs, Saudi Arabia to Guarantee Salaries to Support Virus-Hit Firms

• SUSTG Team
• |
• 4. 3. 2020

Saudi Arabia moved to help firms avoid having to fire Saudi citizens amid an economic slowdown resulting from the coronavirus pandemic, according to reports.

• G20

  

  ‘We are determined to spare no effort’: G20 Leaders’ Summit Statement on COVID-19

  SUSTG Team  |  3. 27. 2020

  Leaders of the G20 economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic," according to a statement from the G20 leaders.

• COVID-19

  

  Everything Saudi Arabia is Doing to Combat the Spread of COVID-19 in One Video

  SUSTG Team  |  3. 17. 2020

  Saudi Arabia's ambassador to the United States HRH Princess Reema bint Bandar recently shared on twitter a 60-second video showing all the steps that Saudi Arabia has taken to combat the spread of the Coronavirus, or COVID-19, within the Kingdom.

• SIPRI

  

  Strong U.S., Saudi Arabia Security Alliance Evident in Latest SIPRI Annual Report

  SUSTG Team  |  3. 13. 2020

  Saudi Arabia was the largest recipient of US arms in 2015–19 and accounted for 25 percent of U.S. arms exports, a surge of 17.6 percent over the period between 2010-2014, according to the latest Trends in International Arms Transfers, 2019 report from SIPRI.

• 

  For Saudi Arabia’s Red Sea Projects, Protecting the Natural Wonder of Sea and Sky a Priority

  SUSTG Team  |  3. 3. 2020

• Oil Markets

  

  Weaker Demand for Oil as Coronavirus Spreads, Pushing Prices Down

  SUSTG Team  |  2. 12. 2020

  Saudi Arabia and other oil producing nations that form the OPEC+ group are seeking common ground on how to keep oil prices from tumbling further in the face of weak demand from the spread of the Coronavirus.

• Climate

  

  Saudi Arabia’s 2018 CO2 Emissions Fall Faster Than Expected

  SUSTG Team  |  2. 4. 2020

  Latest data for the year of 2018 show that emissions in Saudi Arabia have fallen significantly for the first time, down 4.4% or 26 million tons, according to researchers at the King Abdullah Petroleum Studies and Research Center (KAPSARC).

• Saudi Aramco IPO

  

  Using ‘Greenshoe Option’, Saudi Aramco Raises IPO to Record $29.4B; Banks Seek ‘Incentive Fee’

  SUSTG Team  |  1. 14. 2020

  Saudi Aramco sold millions of additional shares of its initial public offering using a so-called "greenshoe option" that has raised the size of its IPO by nearly $4 billion.

• Economy

  

  Saudi Non-Oil GDP Rises as Vision 2030 Reforms Kick In

  SUSTG Team  |  1. 2. 2020

  Economic indicators from the month of November show a continued positive trend for Saudi Arabia, with non-oil GDP surging and credit to the private sector rising to the highest rise in 3 years, Jadwa Investment said.

• Entertainment

  

  The Big Business of Riyadh Season: GEA Nets $270 Million from Entertainment Push

  SUSTG Team  |  12. 19. 2019

  The chairman of the General Entertainment Authority (GEA) in Saudi Arabia said that the Kingdom's "Riyadh Season" of events has generated more than SR1 billion ($270 million) for the GEA, according to Arab News.