Analysis

U.S.-SAUDI RELATIONS

Secretary of State Mike Pompeo Visits Saudi Arabia, Meets with King, Crown Prince

• SUSTG Team
• |
• 10. 16. 2018

US Secretary of State Mike Pompeo held separate talks with King Salman and Crown Prince Mohammed bin Salman on Tuesday in Riyadh as the situation over missing journalist Jamal Khashoggi continues.

• Economy

  

  IMF Lifts Projections for Economic Growth for Saudi Arabia

  SUSTG Team  |  10. 9. 2018

  In its World Economic Outlook, the International Monetary Fund (IMF) on Tuesday lifted its projections for economic growth in Saudi Arabia, the region’s biggest economy, and its oil-rich neighbors in the Gulf - while also predicting that Iran's economy will suffer due to renewed US sanctions.

• Crown Prince Mohammed

  

  Bloomberg Lands Another Wide-Ranging Sit-Down Interview with Crown Prince Mohammed bin Salman

  SUSTG Team  |  10. 8. 2018

  Bloomberg's reporting team in Saudi Arabia landed another wide-ranging sit down interview with Saudi Arabia's Crown Prince Mohammed bin Salman, revealing the powerful leader's thinking on many issues from Vision 2030 to the Saudi Aramco IPO and others.

• Economy

  

  Kingdom’s Finances Trending Positively as Higher Oil Enables Government to Increase Spending by 7% in 2019

  SUSTG Team  |  10. 1. 2018

  “I hope that the private sector sees in the contents of this statement a clear message of the government’s determination to support economic growth,” Saudi Finance Minister Mohammed Al-Jadaan said on Sunday.

• Tourism

  

  PIF Launches Plans to Build Amaala, a Brand New ‘Ultra-Luxury’ Tourist Destination to Compete with Riviera

  SUSTG Team  |  9. 27. 2018

  Saudi Arabia’s Public Investment Fund (PIF) has announced the launch of Amaala, set to become an uber-luxury destination on the northwestern coast of Saudi Arabia that the Kingdom hopes will compete with the French Riviera for tourism dollars when completed.

• Saudi-Pakistan

  

  Uptick in Saudi-Pakistan Relations Following Visit of New PM Khan to Riyadh

  SUSTG Team  |  9. 21. 2018

  New Pakistani Prime Minister Imran Khan visited Saudi Arabia this week for meetings with high-level Saudi officials to discuss trade and diplomatic issues.

• Economy

  

  Saudi private-sector growth in August is fastest this year: PMI

  SUSTG Team  |  9. 4. 2018

  Growth in Saudi Arabia’s non-oil private sector edged up in August to its fastest rate this year, according to reports, "suggesting a long-awaited recovery of the economy may have begun."

• Public Investment Fund

  

  Saudi Arabia’s PIF Seeks $11 Billion Loan, FT Reports

  SUSTG Team  |  8. 24. 2018

  Saudi Arabia’s Public Investment Fund (PIF) is set to choose international banks to lend the wealth fund $11 billion, according to a report in the London-based Financial Times.

• Hajj 2018

  

  2.3 Million Attend Hajj in Saudi Arabia

  SUSTG Team  |  8. 21. 2018

  An estimated 2.3 million pilgrims reassembled in Mina on Tuesday in celebration of the Eid Al-Adha with the rest of the Islamic world, as part of the annual Hajj pilgrimage.

• Aramco-Sabic

  

  Saudi Aramco Weighs Global Bond Sale to Finance Purchase of Sabic Stake from PIF

  SUSTG Team  |  7. 27. 2018

  Saudi Aramco is considering tapping the international bond market for the first time, Bloomberg and the WSJ report, in order to finance the acquisition of petrochemical giant Sabic.