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
-
Oil Demand Soars in 2021, Expected to Grow Further as Market Reacts to Reported Saudi-UAE Agreement
- July 16,2021
•
- SUSTG Team
Global demand for oil is soaring in 2021 as the world rebounds from the pandemic year, according to OPEC data and shared by Riyadh-based Jadwa Investment in an oil market update.
-
Report: Algosaibi Family Conglomerate AHAB Near Debt Settlement after Nearly 12 Years
- July 8,2021
•
- SUSTG Team
One of Saudi Arabia’s largest and longest debt sagas, ongoing for nearly 12 years, is set to finally reach a resolution. Saudi Arabia’s Algosaibi family’s conglomerate AHAB and its creditors have submitted a debt restructuring proposal to the Dammam commercial court this week after approval from a creditor committee, Reuters reports.
-
Saudi Reaches Key 70% Vaccination Milestone, but New Cases Reach 10-Month High
- June 24,2021
•
- SUSTG Team
Saudi Arabia’s Ministry of Health (MoH) on Wednesday said it has administered more than 16.8 million vaccine doses covering 70 percent of the total adult population in Saudi Arabia, a key milestone as the Kingdom progresses toward a full recovery from the pandemic, according to the Saudi Gazette.
-
For Second Straight Year, Saudi Arabia Puts Safety First with Plans for Scaled Back Hajj in 2021
- June 14,2021
•
- SUSTG Team
Saudi Arabia announced over the weekend that this year’s Hajj pilgrimage will be limited to no more than 60,000 people, all of them from within the kingdom, as authorities seek to build on progress combatting the ongoing coronavirus pandemic.
-
Saudis Surge Investments into U.S. Stock Market in Q1 2021 as Overseas Inflows Reach Record Highs
- May 20,2021
•
- SUSTG Team
The total amount invested by Saudi traders in the U.S. stock market through companies licensed by the Capital Market Authority (CMA) surged 162 percent, year-on-year, to SR77.4 billion ($20.64 billion) in the first quarter, Zawya reports, citing data compiled by financial website Argaam.
-
Eid Al-Fitr to Start Thursday, Saudi Scholar Says; Saudis to Look for Crescent Moon
- May 10,2021
•
- SUSTG Team
A Saudi scholar and advisor to the Royal Court predicts that Ramadan will end on Wednesday May 12th and the Eid Al-Fitr will begin on Thursday May 13th, according to a report in Gulf News. The precise ending of the 30 days-long Ramadan for the world’s 1.8 billion Muslims will depend on the sighting of the youngest […]
-
Saudi Arabia’s Stock Market Revamps Corporate Structure Ahead of Highly-Anticipated IPO
- April 7,2021
•
- SUSTG Team
Saudi Arabia’s stock exchange, the Tadawul, has announced a revamped corporate structure as it prepares for a much anticipated IPO, converting to a holding company called the Saudi Tadawul Group, according to reports. The change was announced by the Tadawul Group CEO Khalid al-Hussan said on Wednesday.
-
‘Red Sea Rainforests’: Astronaut Captures Striking View of Saudi Arabia’s Northwest Coastline from Space Station
- March 30,2021
•
- SUSTG Team
An astronaut captured a striking view of the northwest coastline of Saudi Arabia, showing the extent of a coral reef where Saudi Arabia hopes to boost sustainable tourism and where up to 260 reef species thrive, according to a post the NASA Earth Observatory blog.
-
Saudi Arabia’s Stock Market Amends Rules, Allows All Qualified Investors to Sell Short
- March 26,2021
•
- SUSTG Team
Saudi Arabia’s stock exchange, Tadawul, has widened access to short-selling and stock-lending, while tightening some other rules as of March 25, according to a report in Arab News.
-
New Paper Highlights Deep U.S.-Saudi Economic Relationship Beyond Defense and Energy
- March 16,2021
•
- SUSTG Team
A new paper from authors David Kenner and Kameal Al-Ahmad of the King Faisal Center for Research provides a fresh overview of the US-Saudi economic relationship beyond the headline-dominating oil and arms sales.
- 10 of 3131 results<< 1 … 46 47 48 49 50 … 314 >>
MUST-READS
-
No booze in 2034 World Cup, LGBTQ fans welcome, Saudi ambassador says
Saudi Arabia will uphold its current ban on alcohol during the 2034 World Cup, said Khalid bin Bandar Al Saud, the host country's ambassador to the United Kingdom. Global soccer governing body FIFA officially announced Saudi as hosts of the 2034 World Cup in December. The kingdom banned alcohol, which is prohibited for observant Muslims, in 1952. It was not sold at stadiums in neighbouring Qatar, where drinking in public is illegal, during the 2022 tournament but beer was available at designated fan zones and in some hotels. "Plenty of fun can be had without alcohol - it's not 100 per cent necessary and if you want to drink after you leave, you're welcome to, but at the moment we don't have alcohol," Khalid bin Bandar told British radio station LBC on Wednesday. "Rather like our weather, it's a dry country. Everyone has their own culture. We're happy to accommodate people within the boundaries of our culture but we don’t want to change our culture for someone else."
-
Saudi Arabia acquires Tanzania’s Bagamoyo port
The Tanzanian authorities granted the Saudi African Investment and Development Co. (SADC) concession and acquisition rights for Bagamoyo Port in Tanzania, Saudi Press Agency reported, citing Chairman of Federation of Saudi Chambers of Commerce Hassan Al-Huwaizi. The approval is part of SADC's "East Gateway Project," aimed at the East African region. The initiative will bolster Saudi Arabia’s position as a key driver of global economic development, attract greater foreign investment (particularly in Africa), and strengthen its logistical capacity to deliver Saudi exports worldwide.
-
Saudi Arabia is evaluating BRICS membership, says economy minister
Saudi Arabia is evaluating the benefits of joining the BRICS economic bloc, Faisal Alibrahim, the Kingdom’s minister of economy and planning, said at the World Governments Summit on Wednesday. Speaking during a session titled “The Emergence of Multiple Economic Blocs,” Alibrahim highlighted Saudi Arabia’s commitment to fostering global dialogue while navigating an increasingly fragmented economic landscape. The BRICS bloc was formed in 2009 and initially named after its original founders Brazil, Russia, India and China, while South Africa joined a year later. It now has 10 full members including Iran, Egypt, Ethiopia, the UAE and Indonesia. Alibrahim said economic blocs such as BRICS were not an end in themselves but tools to promote stability and integration. “Dialogue is important. It’s important for the Kingdom and for the world today.”
-
Saudi Arabia: Suspension of Multiple-Entry Visa for Certain Nationals
Saudi Arabia has suspended the issuance of one-year multiple-entry visas for business, tourism, and family visits for nationals of Algeria, Bangladesh, Egypt, Ethiopia, India, Indonesia, Iraq, Jordan, Morocco, Nigeria, Pakistan, Sudan, Tunisia, and Yemen. Affected nationals are still eligible to apply for a single-entry visa, however, based on experience, processing times for single-entry visas may be longer, and in some cases, applications may be rejected, especially during the Hajj season.
-
‘Haram. Haram. Haram!’ — Riyadh Air CEO slams lack of direct flights from Saudi Arabia to major global cities
“Haram. Haram. Haram.” With those three emphatic words, Riyadh Air CEO Tony Douglas made it clear — Saudi Arabia’s lack of direct global connectivity is unacceptable, and it’s time to fix it. Speaking at the PIF Private Sector Forum on Wednesday, Douglas didn’t hold back. “We can’t travel directly from Riyadh to Tokyo, to Shanghai, to Seoul, to Sydney — the list goes on and on,” he said. What’s worse, Saudi travelers are propping up foreign airlines instead. “The number one premium passenger for Qatar Airways — business and first class — is Saudi passport holders. Number three on Emirates? Saudi passport holders,” he revealed. Even Douglas himself is forced to fly Emirates next week to attend FII Miami. “Why? Because there is no direct connectivity from Riyadh. Haram. Haram. Haram.”
-
Saudi Arabia assumes presidency of global anti-corruption network
Saudi Arabia, through its Oversight and Anti-Corruption Authority, or Nazaha, has assumed the presidency of the Global Operational Network of Anti-Corruption Law Enforcement Authorities. Spain handed over the leadership of the GlobE Network during a ceremony at the UN Office on Drugs and Crime’s headquarters in Vienna, Austria, the Saudi Press Agency reported on Wednesday. Nasser Nasser Abaalkhail, Nazaha’s deputy for international collaboration, was installed as chairman of the committee, with Boni de Moraes Soares, Brazil’s national solicitor for international affairs, as vice chair.
-
Saudi Arabia, Tanzania Sign Trade Agreements and Establish Joint Business Council
The Federation of Saudi Chambers of Commerce and the Tanzania Chamber of Commerce, Industry And Agriculture (TCCIA) signed an agreement to establish a joint Saudi-Tanzanian business council, marking a significant stride towards enhancing economic cooperation between the two countries. The signing ceremony took place in Dar es Salaam on the sidelines of the Saudi-Tanzanian Roundtable meeting held yesterday, in which ministers, officials, and business leaders from both countries took part. During the meeting, discussions revolved around exploring partnership opportunities in vital sectors such as ports, agriculture, and transportation. The event also witnessed the signing of trade agreements between Saudi and Tanzanian companies across various economic sectors.
-
Saudi educator known for charity and prisoner work wins $1 million Global Teacher Prize
Al-Mansour, a teacher at the Prince Saud bin Jalawi School in al-Ahsa, is also an author and is known for work in his community, including a program that helped ensure people had access to air conditioning maintenance during Saudi Arabia’s scorching summer months. He also works with orphans and hopes to use the prize to build a school for them.
-
Italy-Saudi ties strengthen with $10bn energy deals
The Italian move highlights the strengthening ties between the two countries and signals the growing relevance of the Middle East for Italy, amid a tenser relationship between Europe and the U.S. as Donald Trump took office for a second presidential mandate last month. The deals were part of a strategic partnership that involved energy as well as other sectors such as defence and infrastructure, Italian Prime Minister Giorgia Meloni said after meeting Saudi Crown Prince Mohammed bin Salman, Reuters reported. Among the deals, Italy’s credit export agency SACE said it would provide loan guarantees worth $3 billion for Saudi Arabia’s NEOM real estate project.
-
Trump’s special envoy to the Middle East reveals how the US secured Marc Fogel’s release
U.S. Special Envoy to the Middle East Steve Witkoff said some things were still up in the air when he hopped on his jet to Russia to discuss the potential release of American school teacher Marc Fogel. Witkoff, a longtime friend of President Donald Trump, said Wednesday on "Hannity" that someone who is an intermediary between the United States and Russian governments reached out with an opportunity to bring Fogel back. A plan was presented to the president and members of his Cabinet, including national security advisor Mike Waltz and CIA director John Ratcliffe, who deemed the information "credible" and "actionable."
- 10 of 63018 results<< 1 … 47 48 49 … 6,302 >>