SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Saudi Arabia’s Public Investment Fund (PIF) boosts economic diversification

    Saudi Arabia's Public Investment Fund (PIF) has managed to double the value of its investment portfolio aimed at developing and enhancing emerging sectors, reaching 943 billion Saudi Riyals (equivalent to EUR 231 billion) by the end of 2023.  This significant increase reflects a key strategy to strengthen its role in the Kingdom's economic transformation and diversification of its revenue sources, thereby reducing dependence on oil.

  • Commentary: OPEC’s and Saudi Arabia’s moment of truth

    In the next few weeks, Saudi Arabia and its OPEC allies must take a delicate decision about whether to proceed with planned production increases from October, or postpone them because of an uncertain economic outlook. The recent slides in front-month Brent futures prices, calendar spreads and refinery margins, amid concerns about the outlook for petroleum consumption, have dramatised the danger of getting it wrong. Boosting production despite downward revisions to consumption growth and a continued output increases from rivals in the United States, Canada, Brazil and Guyana risks another accumulation of inventories and a slump in prices.

  • Turki Al-Sheikh unveils theme of 94th Saudi National Day

    Advisor Turki Al-Sheikh, chairman of the General Entertainment Authority (GEA), announced on Thursday the theme of Saudi Arabia’s 94th National Day, which falls on September 23 each year. The theme “We dream, we achieve,” carried over from last year, highlights the significant projects related to the Saudi Vision 2030 and showcases the Kingdom’s leading role in various fields.

  • Hornets defender Hoedt makes Saudi switch

    Watford Player of the Year Wesley Hoedt has left the club to join Saudi Pro League outfit Al-Shabab. The 30-year-old - who has won six caps for the Netherlands - joined the Hornets from Belgian side Anderlecht in January 2023. Hoedt made himself a fans' favourite with a goal on his debut against Blackburn and went on to play 15 times in 2022-23, then every minute of 48 games last season, wearing the captain’s armband on 32 occasions.

  • Israel and Hezbollah in major missile exchange as escalation fears grow

    Hezbollah launched hundreds of rockets and drones at Israel early on Sunday, as Israel's military said it struck Lebanon with around 100 jets to thwart a larger attack, in one of the biggest clashes in more than 10 months of border warfare. Missiles were visible curling up through the dawn sky, dark vapour trails behind them, as an air raid siren sounded in Israel and a distant blast lit the horizon, while smoke rose over houses in Khiam in southern Lebanon.

  • What is Islamic State, the group implicated in Germany stabbing?

    Islamic State has described the 26-year-old Syrian man taken into custody after a stabbing rampage in the western German city of Solingen as a "soldier" of the group. Though largely crushed by a U.S.-led coalition several years ago, IS has managed some major attacks while seeking to rebuild. They include an assault on a Russian concert hall in March that killed at least 143 people and two explosions in the Iranian city of Kerman in January that killed nearly 100 people.

  • Saudi perfume maker sets IPO price guidance

    Al Majed for Oud Company, a Riyadh-based perfume and oud products manufacturer, has set the price range for its initial public offering (IPO) between SAR90 and SAR94 ($23.99-$25.05) per share. The institutional book-building period started on Sunday and will end on August 29. The company is floating 30 percent of its capital, or 7.5 million shares, on the Saudi stock exchange.

  • Saudi Arabia, US working on ‘history making agreement:’ US ambassador in Riyadh

    “We are now working with the Saudi government and Saudi companies in areas that we would not have imagined in the past, for example, space exploration for commercial purposes,” the US ambassador said. “The Kingdom has huge ambitions in the commercial space, and we as companies want to be there with them.”

  • Healthy eating doesn’t have to be boring, says Saudi Instagram star

    Bakur Tamim, a Saudi food influencer with over 300,000 Instagram followers, is shaking up the way we think about healthy eating. The Jeddah-based culinary wizard is known for whipping up delicious, low-calorie meals that are as visually stunning as they are nutritious, giving his audience alternatives to bland salads and tasteless protein shakes.

  • The Rise of Saudi Arabia’s Oil Empire

    Saudi Aramco, originally founded as the California-Arabian Standard Oil Company in the 1930s, began its journey after oil was discovered in the Eastern Province of Saudi Arabia. The company was established through a partnership between Saudi Arabia and Standard Oil of California (now Chevron). Over the decades, it grew from a regional enterprise into the world’s largest oil producer, pivotal in the development of Saudi Arabia's economy and its global economic influence.