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

  • VICE Video: ‘Building Saudi Arabia’s First Movie Theatre’
     

    VICE News has posted a video on the burgeoning entertainment industry in Saudi Arabia and the challenges of creating original content in the Kingdom. “There is strong content being created by Saudis in the underground filmmaking scene. The challenges Saudi artists face, instead of lessening the quality of their work, actually add layers, nuance and […]

     
  • Transfer of Tiran and Sanafir Islands Approved by Egypt’s Parliament
     

    Egypt’s parliament has approved the transfer of two key islands in the Red Sea to Saudi Arabia, all but finalizing a deal to restore ownership of the islands to Saudi Arabia after more than half a century. The parliament, after “three days of rowdy and emotional debate” according to the New York Times, approved a […]

     
  • Jadwa Investment Data Shows ‘Mildly Improving Picture’ for Saudi Economy
     

    Riyadh-based Jadwa Investment’s recently released Economic Chartbook for the month of April finds data continues to “show a mildly improving picture,” according to Fahad Alturki, Jadwa’s Chief Economist. “Economic data continues to show a mildly improving picture in April. POS transactions jumped 11.4 percent, year-on-year, and although ATM withdrawals remain negative year-on-year, they showed an […]

     
  • Custodian of the Two Holy Mosques, Ruler of Saudi Arabia, and King of Twitter
     

    Saudi Arabia’s King Salman is ruler of more than just the Kingdom of Saudi Arabia. King Salman is the world leader whose original Tweets generate the most Retweets, according to the latest “Twiplomacy” study by the communications firm Burson-Marsteller. But unlike President Trump, King Salman publishes sparingly, with only 10 Tweets posted during the study. And […]

     
  • Gulf Spat Following President Trump’s Visit to Saudi Arabia Tests GCC Unity
     

    Tensions continue to run high for a sixth straight day in the GCC between Saudi Arabia and Qatar regarding relations with regional rival Iran, according to reports. Despite a strong show of unity for the recent visit of President Trump to the Kingdom, “[t]ensions in the Gulf were laid open for a sixth day, with […]

     
  • Deputy Crown Prince Mohammed bin Salman in Moscow to Meet with Russian President Vladimir Putin
     

    Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and Russian President Vladimir Putin met today in Moscow as the Kingdom and Russia work together on oil production cuts, Reuters reports. Russia and Saudi Arabia played key roles in a successful global deal which saw oil production curtailed by 1.8 million barrels per day as part of […]

     
  • Overview of Saudi Arabia’s Drive Toward Privatization
     

    Saudi Arabia’s push toward privatization is a key component of the government’s ambitious Vision 2030 economic and social reform program, and necessary for the Kingdom’s goals of diversifying its economy away from petroleum revenue dependency. The news service Reuters provides a “factbox” list of Saudi Arabia’s sectors that are making progress toward privatization, and encouraging […]

     
  • Ahead of Trump’s Visit, White House Official Tells Reuters $100b in Arms Deals Planned
     

    The United States is close to completing a series of arms deals with Saudi Arabia totaling more than $100 billion, a senior White House official told Reuters on Friday, a week ahead of President Donald Trump’s planned visit to Riyadh. The arms deals could reach up to $300 billion over 10 years to help Saudi […]

     
  • Major Reduction in Quarterly Budget Deficit Figures a Positive for Kingdom’s Economic Reforms
     

    In an analysis of official data from the Kingdom, Bloomberg found a significant year-on-year reduction in Saudi Arabia’s budget deficit from Q1 2017, a sign that the Kingdom’s economic reforms coupled with an uptick in oil prices have positively impacted the government’s balance sheet. According to Saudi Arabia’s finance ministry and as reported in Bloomberg, […]

     
  • Plans Move Ahead for Saudi Arabia’s ‘Fannie Mae’ Mortgage-Refinancing Firm
     

    Saudi Arabia’s first mortgage-refinancing firm has started approaching banks to buy their mortgage portfolios as the state tries to boost lending for homes, Bloomberg reports. In 2015, Bloomberg and Reuters reported on Saudi Arabia’s plans to work with the Boston Consulting Group to help start a state-owned mortgage firm similar to the U.S.’s Fannie Mae and […]

     

MUST-READS

  • Shedding light on the non-profit sector in Saudi Arabia

    While the sector has shown rapid growth in recent years, Al-Mubarak highlighted how there remains a long road ahead. “At the end of 2023, the non-profit sector contributed just under 0.9% to the economy. The goal of Vision 2030 is to lift the sector’s contribution to 5% of GDP by 2030. Achieving this would require the sector to grow by a factor of five in the next five years.”

  • MBS reaffirms support for Palestinians in Riyadh meeting with Mahmoud Abbas

    During the meeting, the Crown Prince reaffirmed Saudi Arabia’s commitment to engaging with international and regional parties to help de-escalate the situation, SPA added. He also emphasized the Kingdom’s support for the Palestinian people in their pursuit of legitimate rights, a dignified life, and a just and lasting peace.

  • Saudi Arabia, Netherlands Explore Cooperation in Football

    President of the Saudi Arabian Football Federation (SAFF) Yasser bin Hassan Al-Misehal received Dutch Ambassador to the Kingdom of Saudi Arabia Hans Peter van der Woude today at the federation's headquarters in Riyadh. During the meeting, the two officials discussed aspects of cooperation in the field of football. They also reviewed the latest developments in collaboration between the Saudi and Dutch federations in areas such as youth development, women's football, and technological solutions related to modern football.

  • At least nine Palestinians killed as Israel mounts major West Bank operation

    At least nine Palestinians were killed on Wednesday, Palestinian authorities said, as Israeli forces raided the flashpoint cities of Jenin and Tulkarm as well as other areas in the occupied West Bank in a major operation involving helicopters and drones. The assault, one of the largest seen in the West Bank for months, followed a series of smaller raids in the area over recent weeks as Israeli forces sought to crush groups of fighters from Palestinian militant groups.

  • AI’s race for US energy butts up against bitcoin mining

    U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing data centers. Those data centers are driving the fastest U.S. power demand growth since the start of the millennium, outpacing grid expansions and leaving giant technology companies, like Amazon (AMZN.O) and Microsoft (MSFT.O) to scavenge for vast amounts of electricity.

  • Lego to replace oil in its bricks with pricier renewable plastic

    Toymaker Lego said on Wednesday it was on track to replace the fossil fuels used in making its signature bricks with more expensive renewable and recycled plastic by 2032 after signing deals with producers to secure long-term supply. Lego, which sells billions of plastic bricks annually, has tested over 600 different materials to develop a new material that would completely replace its oil-based brick by 2030, but with limited success.

  • Saudi Arabia Signals Ambition to Host Olympic Games

    “We as a country are setting up for doing more and more, and I think the Olympics is a logical step,” said Prince Faisal bin Bandar bin Sultan Al Saud, chairman of the Saudi Esports Federation. “But, when we are ready.” The prince spoke on the sidelines of the closing ceremony for the first ever Esports World Cup, which was held in Riyadh and featured a record prize pot for the industry, at $60 million.

  • Perspective: Saudi Official Views of Hamas

    Saudi disapproval of the October 7 atrocities began immediately after the massacre. When Hamas leader Khaled Meshaal appeared on the Saudi state-owned Al-Arabiya, an anchor asked him, “Would you apologize for what was done to Israeli civilians on October 7?” When he refused to give a clear answer, the anchor pressed him: “You say this is legitimate resistance in your view, but what the people saw on Western TV screens were transgressions by Hamas against civilians.”

  • Saudi Arabia condemns militant attacks in Pakistan’s Balochistan

    Saudi Arabia condemned on Tuesday attacks by separatist militants in Pakistan’s southwestern province of Balochistan that started late on Sunday. At least 73 people were killed in Pakistan’s province of Balochistan when separatist militants attacked police stations, railway lines, and highways. The Kingdom confirmed its rejection of all forms of violence, extremism, and the targeting of civilians.

  • Saudi crown prince discusses situation in Gaza with Palestinian president

    The Crown Prince stressed that the Kingdom will continue its efforts to communicate with all international and regional parties to stop the escalation in the war-torn territory. He also reiterated Saudi Arabia’s contentious support for the Palestinian people to achieve their legitimate rights to a decent life, fulfill their hopes and aspirations, and achieve just and lasting peace.