Analysis

ECONOMY

Saudi Economy More Resilient than Expected in Q2, Q3 2020; Recovery Possible Next Year – Jadwa Investment

• SUSTG Team
• |
• 11. 27. 2020

Saudi Arabia's economy proved to be more resilient than expectations in the face of dual crises of the Coronavirus pandemic and a drop in oil prices in 2020, Jadwa Investment writes in an economic update.

• G20

  

  Road to the G20: Saudi Arabia Set to Host Main Leaders’ Summit this Weekend

  SUSTG Team  |  11. 19. 2020

  Saudi Arabia is set to host the G20 Leaders Summit this weekend, the main event involving the heads of the 20 nations chaired virtually by the Kingdom due to the Coronavirus pandemic.

• Economy

  

  Saudi Economy Contracts 4.2% in 3Q, Improves from 2Q; Fitch Affirms Credit Rating at ‘A’

  SUSTG Team  |  11. 10. 2020

  Saudi Arabia’s economy shrank 4.2% in the third quarter from a year earlier, government data showed on Tuesday, but the contraction was smaller than the second quarter when the economy was reeling from coronavirus-linked lockdowns, Reuters reports.

• Economy

  

  As Saudi Non-Oil Revenue Soars, Uncertainty Looms Over Oil Market

  SUSTG Team  |  10. 30. 2020

  Saudi Arabia saw a significant boost in non-oil revenue in the third quarter of this year, with an increase of 63% year-on-year to SR123 billion ($32.8 billion), new data shows, an encouraging trend for policymakers as the market for oil continues on an uncertain path.

• Al-Ula

  

  Images: Architect Jean Nouvel Reveals Design for Sharaan Resort in Al-Ula, Saudi Arabia

  SUSTG Team  |  10. 28. 2020

  French architect Jean Nouvel unveiled his design for Sharaan, a new resort hidden within the rock dwellings of Al-Ula, a cultural oasis in north-west Saudi Arabia.

• Sports

  

  Top Names in Golf Commit to Saudi International Tournament in February

  SUSTG Team  |  10. 27. 2020

  Saudi Arabia's annual golf tournament secured two of the sports top names to compete in February, winning commitments from the world’s top-ranked golfer and the latest major championship winner on Monday to play in the Saudi International.

• Media

  

  Arab News Launches ‘Research and Studies’ Unit to Deliver ‘Thought-Provoking Studies by Experts on Regional Affairs’

  SUSTG Team  |  10. 13. 2020

  Arab News, Saudi Arabia's leading English-language daily news publication, has announced the establishment of a new Research and Studies Unit (RSU) which will "deliver thought-provoking studies written by a team of acclaimed resident and non-resident experts on a number of regional affairs."

• Defense

  

  U.S. Again Tops Arms Exporters to the Middle East, Saudi Arabia, Report Says

  SUSTG Team  |  9. 25. 2020

  A newly released report by the Center for International Policy finds the U.S. dominated arms and defense exports to the Middle East region between 2015-2019, accounting for nearly half of all deliveries of major weapons systems.

• Road to the G20

  

  G20 Trade and Investment Ministers Meet as Kingdom Reportedly Suggests Delay Main Summit until December

  SUSTG Team  |  9. 22. 2020

  Trade and Investment Ministers from the G20 held a meeting today under the Saudi G20 Presidency to strengthen trade and investment policy cooperation towards an inclusive and sustainable economic growth amid the COVID-19 pandemic.

• 

  Saudi Arabia’s Oil Exports to the U.S. Hit 35-Year Lows as Goldman Sees Oil at $65 Next Year

  SUSTG Team  |  9. 2. 2020