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Contemporary Saudi Art Exhibit Continues Tour of America
- August 24,2016
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- SUSTG Team
Today’s SUSTG Review includes a review from the East Bay Express about GENERA#ION, a traveling show presenting contemporary art from Saudi Arabia that is now on view in a number of galleries in San Francisco. The East Bay Express gives the show a strong recommendation and, in fact, the exhibition has been very well-received as […]
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Saudi CMA Presses on Adoption of International Financial Reporting Standards
- August 22,2016
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- SUSTG Team
The Saudi Capital Market Authority (CMA) continues to press forward it’s efforts to make the Saudi stock market (Tadawul) more attractive to foreign investors. Earlier this month the CMA approved amended rules for Qualified Foreign Investors by lowering the asset qualifications as well as adjusting upwards some key ownership limitations. For more on those changes […]
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Social Media Lights Up after First Saudi Woman Competes in 100m in Rio
- August 15,2016
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- SUSTG Team
Saudi Sprinter Kariman Abuljadayel made history as the first woman ever to compete in the 100m dash in the Olympics at Rio, and she did it covered from head-to-toe. The sprinter did not qualify for the final event, but her participation in the 100m dash – like Sarah Attar’s participation in the 800m race in London in […]
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Amended Rules Increasing Foreign Investor Access to Saudi Stock Market Approved
- August 11,2016
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- SUSTG Team
Saudi Arabia’s Capital Market Authority (CMA) Board has approved changes to rules that regulate what type of foreign investor can enter into the Saudi stock market. The changes include 24 Articles that address procedures, requirements, and conditions for the registration of qualified foreign investors (QFIs) with the CMA to invest in listed securities in the Saudi […]
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Saudi Arabia Confirms Cooperation with Germany to Investigate, Prevent Terrorist Attacks
- August 8,2016
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- SUSTG Team
Saudi Arabia’s has confirmed it was working with German investigators to track Islamist militants behind bomb and axe attacks in July. The news was originally reported by the German outlet Der Spiegel and confirmed in rare comments by a Saudi spokesman. A spokesman for the Saudi interior ministry, General Mansour al-Turki, said Saudi and German security experts […]
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Jadwa Saudi Chartbook for August 2016: Signs of ‘Resilience’ in Saudi Economic Activity
- August 3,2016
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- SUSTG Team
Jadwa Investment’s Saudi Chartbook for the month of August found points of “resilience” in economic activity, according to chief economist and head of research Fahad Al-Turki. “June data showed resilience in economic activity. Data on point-of-sale transactions and ATM withdrawals came out strong, while the non-oil PMI continued to reflect an expanding non-oil economy,” Jadwa said. Data on […]
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11 Saudi Citizens Including 7 Soldiers Die on Border with Yemen ahead of Next Round of Peace Talks
- August 1,2016
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- SUSTG Team
Four people were killed and three wounded in Saudi Arabia when a shell fired from inside Yemen exploded in a town close to the border, Saudi Civil Defense said on Monday. The announcement followed news that seven Saudi soldiers and dozens of Houthi fighters were killed in heavy fighting on the border with Yemen on […]
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Deputy Crown Prince Mohammed bin Salman Back in U.S. for Defense, Anti-ISIS Talks
- July 21,2016
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman arrived in the United States for a second time in as many months this week for a defense ministerial meeting of nations involved in the effort to counter the self-described ISIS in Iraq and Syria, held at Joint Base Andrews, Maryland. Coalition partners taking part in the meeting “are looking for […]
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’28 Pages’ Released: Once-Classified Section of 9/11 Report Made Public; Saudi FM Al-Jubeir Says Matter Now ‘Finished’
- July 18,2016
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- SUSTG Team
The U.S. Congress on Friday released a long-classified section of the official report on the Sept. 11 attacks that described potential potential links between some of the hijackers and officials in Saudi Arabia. Saudi Arabia’s foreign minister said on Friday he welcomed the release of this “28 pages” of the official report. “The matter is […]
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Saudi King, Crown Prince and Deputy Crown Prince Express Condolences to France’s Hollande after Nice Terror Attacks
- July 15,2016
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- SUSTG Team
Saudi Arabia’s top leadership expressed their condolences for the tragic act of violence in Nice, France on the country’s Bastille Day celebration. King Salman, Crown Prince Mohammed bin Naif and Deputy Crown Prince Mohammed bin Salman sent a cable of condolence to the the French leader about the attack. An official source told SPA the […]
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Shale Gas in Saudi ArabiaSaudi Aramco to Supply Shale Gas to Industrial Projects
The energy minister said that the Kingdom has made promising shale gas discoveries and acquired the technologies to produce it at a reasonable price. Saudi Aramco said in its annual report that its unconventional gas program became fully operational in 2013, only 2 years after launching its unconventional gas program in the frontier northern region.
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Saudi Aramco: RestructureSaudi Arabia restructures oil giant Aramco
Saudi Arabia is restructuring the world's biggest energy company, Saudi Aramco [SDABO.UL], in a move apparently aimed at letting it operate more at arm's length from the powerful oil ministry.
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Saudi AramcoSaudi Aramco gets new supreme council headed by deputy crown prince – statement
Saudi Arabia has created a new 10-member supreme council for state-run oil company Saudi Aramco , headed by the kingdom's deputy crown prince, according to a statement on Aramco's website.
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Ministry of Petroleum and MineralsSaudi King Names Al-Falih Aramco Chairman, Replacing Al-Naimi
Saudi Arabia’s King Salman named Khalid A. Al-Falih as chairman of Saudi Arabian Oil Co., the world’s biggest crude exporter, replacing Oil Minister Ali Al-Naimi, according to state television.
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Ministry of HealthAramco CEO Khalid al-Falih appointed Saudi health minister
Saudi King Salman on Wednesday appointed Saudi Aramco Chief Executive and President Khalid al-Falih as the country's health minister and chairman of the state oil company in the world's top crude exporter, state television said.
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AramcoSaudi Aramco board visits S.Korean shipbuilder
Board members of Saudi Aramco visited the headquarters of South Korea's Hyundai Heavy Industries Co Ltd on Tuesday, as the shipping arm of Saudi Arabia's state oil firm looks to buy up to 10 tankers, four industry sources said
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AramcoSaudi Aramco signs $10 billion loan as oil companies raise funds
Saudi Arabian Oil Co. has signed an agreement with a group of regional and international lenders for $10 billion of standby revolving credit facilities, one of the biggest loan deals in the Gulf region since 2011.
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Saudi Aramco: ChinaSaudi Aramco wants to boost supply to China
“We see our energy supply potentially doubling at one point of time as China’s energy demand grows,” he said. The firm supplied about 13% of China’s crude-oil demand last year, according to government data.
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Saudi AramcoSaudi Aramco Said Close to Signing $10 Billion Debt Deal
Saudi Aramco, the world’s biggest oil exporter, is the latest oil company in the Middle East to capitalize on low borrowing costs to raise funds for possible acquisitions amid a downturn in the industry.
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Saudi AramcoDubai builder Arabtec wins $283 mln contract from Saudi Aramco
Arabtec, which this week put four of its five Saudi subsidiaries up for sale, said it would complete the project in Al Dhahran within 28 months.
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