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

  • Al Jubayl Saudi Arabia As Seen From Orbit at Night
     

    The city of Al Jubayl (or Jubail) is located on the coast of Saudi Arabia, along the Persian Gulf. The city has a history extending back more than 7,000 years, but since 1975 it has been associated with the petrochemical, fertilizer, and steel industries. At night, these industrial areas form a brightly lit region (image […]

     
  • Study finds ’80 more years of Saudi oil at current production levels’
     

    Saudi Arabia, the biggest oil producer in the world with a proven reserve of 264 billion barrels, could continue oil supplies for the next 80 years at the current production levels, the Kuwait-based Diplomatic Center for Strategic Studies (DCSS) said in a study. Saudi Arabia retains 38.7 percent of world oil reserves whereas the shares […]

     
  • Why Saudi Arabia’s Travel and Tourism Sector Is Ripe for Growth
     

    Saudi Arabia’s travel and tourism sector is poised for rapid growth in the next decade and beyond, and both Saudi and international corporations are looking to cash in on the opportunities ahead. A product of the changing economic and social landscape in Saudi Arabia, the coming tourism boom is likely to contribute to the Kingdom’s […]

     
  • Saudi, UAE, Qatar top Cleantech list
     

    Saudi Arabia, the UAE, Qatar and Jordan are the most attractive markets for clean technologies, thanks to their government plans, budgets and long-term strategies, said a report by Ernst & Young. These countries have also demonstrated investments in large initiatives such as KACARE, Masdar and the ‘Green’ Fifa World Cup 2022, said E&Y in the […]

     
  • Saudi Mortgage Law Approved – Jadwa Flash Note
     

    Jadwa Investments released a flash note discussing the recently approved mortgage law in Saudi Arabia, which the bank believes “is a very important step in broadening home ownership.” The new mortgage law “will help to tackle one of the most pressing social issues for many in the Kingdom and will generate significant benefits to the economy. However, […]

     
  • The Ritz-Carlton in Riyadh is Arguably the World’s Nicest Hotel
     

    If you look at pictures of the new Ritz Carlton, it might not look like it belongs in Riyadh, the capital of Saudi Arabia. Not because the arguably world’s nicest hotel isn’t worthy for the Kingdom, but because the style of the hotel makes it look like a king’s palace in old Europe, with a […]

     
  • Saudis allow women to compete
     

    Saudi Arabia is to allow its women athletes to compete in the Olympics for the first time. Officials say the country’s Olympic Committee will “oversee participation of women athletes who can qualify”. The decision will end recent speculation as to whether the entire Saudi team could have been disqualified on grounds of gender discrimination.

     
  • Education, Women’s Empowerment and Change
     

    There has been a significant investment in education, which is great. In the last eight or nine years the number of Saudi Universities has more than quadrupled from about seven to over 30. Some of that increase has been through splitting up existing, very large universities, like King Abdul Aziz University, into more manageable sizes. […]

     
  • Saudi car sector to accelerate
     

    Strong fundamentals coupled with a rapidly growing young population made Saudi Arabia the largest importer of vehicles and automotive parts in the Middle East in 2011, with the pace seen accelerating in the medium term, the National Commercial Bank said in its report on the Kingdom’s automotive sector released Wednesday. It noted that rising income […]

     
  • Saudi Arabia mourns death of Crown Prince Naif
     

    The funeral prayers for the Saudi Crown Prince Naif bin Abdul Aziz will be held at the Haram Mosque in Makkah following the Maghreb prayer today. The body will then be buried at the graveyard in the holy city. Muslim leaders from across the world started arriving in Jeddah on their way to Makkah to […]

     

MUST-READS

  • Saudi Arabian film sector can lead on innovation, says agent David Unger

    Speaking at a panel entitled ‘The Growth of International Content and Potential Investment Opportunities’ which took place during the second edition of Saudi Film Confex in Riyadh (October 9-12), Ungar described the energy of Saudi creatives as “like nothing I’ve seen anywhere in the world." “Hollywood has made films the same way for over 100 years, but digital technology has changed those rules,” he said. “That is what is exciting about a country like Saudi Arabia, because it has the support and enthusiasm of the government but it is not beholden by the old systems. It’s going to be AI first, mobile first, all of that innovation is going to come from here.”

  • Hyatt debuts two hotels in Saudi Arabia

    The brand-new Park Hyatt Jaumur and Andaz Jaumur Marina, set to open in 2027, will offer a combination of 350 rooms and suites. Park Hyatt Jaumur will sit at the community’s vibrant epicentre, overlooking the marina. Designed as an oasis of relaxation with 125 rooms, Park Hyatt Jaumur will serve to seamlessly blend entertainment, leisure, and cultural experiences. Andaz Jaumur Marina will be a 225-key project with a blend of rooms and suites.

  • Saudi Ports Authority sees fewer containers in September

    The total number of handled containers amounted to 673,124 TEUs, marking a decline of 8.08% compared to the same month last year, with transshipment boxes showing a decrease of 42.98%, reaching 159,511 TEUs.  Additionally, the total general cargo amounted to 975,406 tons, solid bulk cargo to 4,473,019 tons, and liquid bulk cargo to 15,277,608 tons. Meanwhile, the ports received 343,952 cattle heads, marking a decrease of 35.58% compared to 533,948 cattle heads in the same period of 2023.

  • Saudi real estate: Best-performing areas, price rises and increase in sales

    In the 12 months to Q2 2024, Saudi Arabia’s residential transactions across the three major cities of Riyadh, Jeddah, and Dammam Metropolitan Area (DMA) recorded annual improvements in transaction volumes by 51.6 per cent, 43.2 per cent and 22.4 per cent, respectively. “Riyadh particularly is demonstrating attributes of an undersupplied market, driven by strong employment and population growth on the back of government investment projects, resulting in very tight supply in certain areas of the market as new deliveries fail to keep pace with the robust housing demand”.

  • Saudi Arabia’s Muvi Studios Locks Deals at Saudi Confex Including on Hotly Anticipated Satire About ‘Chaotic World’ of Local Stardom

    Muvi Studios, the production arm of Saudi Arabia’s leading exhibition chain, have announced a slew of deals during the ongoing Saudi Film Confex confab, including a partnership with local label Sirb Production on hotly anticipated social satire “Lail Nahar,” directed by local hitmaker Abdulaziz Almuzaini.

  • Gulf Countries Seek to Avoid Getting Drawn Into the Israel-Iran Confrontation

    The three GCC countries with a recent history of disputes with Iran are the ones most concerned. The United Arab Emirates, which is extremely vulnerable to missile attacks, and Saudi Arabia are particularly anxious to avoid any involvement in Israel’s expected retaliation. In meetings with Iranian President Masoud Pezeshkian on the sidelines of an Asia conference in Doha and, most significantly, Foreign Minister Abbas Araghchi’s highly significant October 9 visit to Riyadh, both sides made their positions unequivocally clear. Iran stated that any overflight, with or without cooperation, would be “unacceptable” and invite potential retaliation, presumably including military reprisals. For their part, Saudi Arabia and the other Gulf Arab countries expressed their neutrality in the bilateral Israeli-Iranian confrontation and their determination not to take sides in any way.

  • Golden Globes aims to include Saudi judges, says organization’s president

    Helen Hoehne, president of the Golden Globes organization, revealed the organization's aspiration to include judges from Saudi Arabia in the future. Speaking at the second edition of the Saudi Film Confex in Riyadh on Wednesday, Hoehne expressed interest in adding more judges from the region to the lineup of the prestigious awards, which already includes judges from Turkey, the UAE, and Qatar. “We don’t have any voters from Saudi Arabia yet, but that will come, and it will be my mission to bring them on board,” Hoehne said. “We’re hopeful that we expand further and become even more global than we already are.”

  • Shifting Sands in the Kingdom of Saudi Arabia

    One of the most striking aspects of this new Saudi Arabia is its progressive approach toward introducing new laws and inviting foreign investment. The kingdom has rolled out a red carpet for international businesses, showcasing its commitment to creating a dynamic economy. The recent landmark investment law exemplifies this shift — a comprehensive piece of legislation that not only outlines the regulations but also provides a roadmap for investors, answering their queries with clarity and precision. The Saudi Ministry of Investment has crafted a detailed guide, ensuring that the path to doing business in the kingdom is as seamless as possible.

  • Saudi sovereign wealth fund allocates $5.2 billion in green bonds project amid diversification push

    Saudi Arabia’s Public Investment Fund (PIF) has allocated $5.2 billion out of $8.5 billion raised through green bonds to projects as of June 2024, according to its Allocation and Impact Report released on Friday. This allocation figure is up from $1.3 billion in June of the previous year. A green bond is a type of income used to finance projects that have environmental benefits. The PIF became the first sovereign wealth fund to issue a green bond back in October 2022. It followed up with a second green bond offering in February 2023.

  • Saudi university reaches new heights in 2024 global ranking

    King Fahd University of Petroleum and Minerals, which is located in the Eastern Province, has secured a historic achievement after ranking as the top university in the Middle East and North Africa for 2024, according to the Times Higher Education World University Rankings. This puts KFUPM ahead of all universities in Saudi Arabia and the wider Gulf region. KFUPM’s rapid rise is part of a broader strategic transformation that began in 2020, when it was ranked 507th globally. In the space of just four years it has climbed over 330 spots, now securing 176th place worldwide in the 2024 rankings.