Analysis

VISION 2030

Saudi Arabia to Get New Bankruptcy Law Next Year, Al-Qassabi Says

• SUSTG Team
• |
• 9. 22. 2017

Saudi Arabia will begin implementing a new bankruptcy law early next year as part of efforts to attract foreign investment and encourage private sector activity, Reuters reports, citing comments from Minister of Commerce and Investment Dr. Majed Al-Qassabi.

• Transportation

  

  Saudi Arabia’s ‘Longest Railway’ to Come Online in December

  SUSTG Team  |  9. 15. 2017

  Saudi Arabia will kick-start operations on the country’s longest railway, running 2,750-km between capital Riyadh and the northern city of Gurayat, on December 24 2017.

• National Transformation Plan

  

  ‘NTP 2.0’: FT Obtains Copy of Draft of Changes to Saudi National Transformation Plan

  SUSTG Team  |  9. 7. 2017

  The London-based Financial Times has obtained an internal copy of a document that outlines Saudi Arabia's desire to amend the Kingdom's National Transformation Plan (NTP), dubbed "NTP 2.0."

• Qatar

  

  Qatar Restores Full Diplomatic Relations with Iran

  SUSTG Team  |  8. 25. 2017

  Qatar restored full diplomatic relations with Iran early on Thursday and promised to send its ambassador back to Tehran – a move aimed to counter the demands of Arab nations like Saudi Arabia.

• U.S.-Saudi Relations

  

  The Next U.S. Ambassador to Saudi Arabia?

  Lucien Zeigler  |  8. 22. 2017

  What we know about Dave Urban, who is rumored to be President Trump's selection for U.S. Ambassador to Saudi Arabia.

• Economy

  

  ‘Continued Improvement in Saudi Arabia’s Fiscal Position’ Seen as Revenues Increase

  SUSTG Team  |  8. 17. 2017

  The latest quarterly budget performance report by Saudi Arabia's Ministry of Finance showed a continued improvement in Saudi Arabia’s fiscal position, according to a recently released report by the Riyadh-based Jadwa Investment.

• Aramco IPO

  

  New York Reportedly Pulls Ahead of London in Aramco Listing Race for ‘Political Considerations’; Final Decision Rests with Crown Prince Mohammed

  SUSTG Team  |  8. 11. 2017

  Despite a report in July that Saudi Aramco’s advisers have reportedly recommended London for the historic listing of the oil company, a new report now says Saudi Arabia favors New York in part because of the strength of the U.S.-Saudi relationship.

• H.E. Khalid Al-Falih

  

  Report: Saudi Oil Minister Khalid Al-Falih Met With Top Commodity Hedge Funds

  SUSTG Team  |  8. 4. 2017

  Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid Al-Falih met in private with some of the world’s top commodity hedge funds in July, a break from tradition in order to gather investor views on the state of the market, Bloomberg reports.

• Oil

  

  OPEC Discipline Partly to Blame for Oversupply, but Saudi Leadership May Boost Prices

  SUSTG Team  |  7. 25. 2017

  OPEC discipline might be waning as oil's price continues to stay low on international indices as high supply persists, but recent moves by Saudi Arabia in Russia this week indicate action is forthcoming to curb supply.

• 

  U.S. Removes Laptop Ban on Flights from Jeddah, Saudi Arabia; Riyadh to be Inspected by U.S. Officials ‘This Week’

  SUSTG Team  |  7. 18. 2017