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
-
Saudi Embassy Responds to Misinformation in U.S. Election Debates
The spokesperson for the Saudi embassy in Washington, Fahad Nazer, responded to “worrisome and false” allegations being made by U.S. politicians against Saudi Arabia as the 2020 election cycle gears up. Nazer sought to “set the record straight” especially on accusations connecting Saudi Arabia with Al-Qaeda made by longshot Democratic candidate, representative Tulsi Gabbard from Hawaii. […]
-
‘History in the Making’: Saudi Arabia Allows Women to Travel Independently; Enacts Other Reforms
Saudi Arabia’s decision to allow women to travel independently is being hailed a historic leap for gender equality in the Kingdom as women celebrate their new rights and freedoms enacted under King Salman and Crown Prince Mohammed bin Salman. “The new regulations are history in the making,” Princess Reema Bint Bandar, Saudi Arabia’s first woman ambassador […]
-
Saudi Binladen Group Seeks Restructure Advisor for Billions of Debt – Report
The Saudi BinLaden Group is seeking an advisor to help the troubled company restructure as much as $20-$30 billion in debt, according to a new report in Reuters. The once-dominant construction company in the Kingdom that has fallen on hard times is now looking for a comeback. In late 2017, the Saudi government, through a Finance-ministry […]
-
Saudi Arabia in talks with ‘regional and global investors’ for Qiddiya, the Kingdom’s mega entertainment and sports city – report
Saudi officials are engaged in talks with “regional and global investors” for the Kingdom’s first mega entertainment and sports city that’s being developed as part of the kingdom’s plans for life after oil, Bloomberg reports. The company is looking at options for investment including “joint ventures, land leasing and privatization to fund the project,” according to comments from the company’s […]
-
IMF: Saudi Arabia’s real non-oil growth is expected to strengthen to 2.9 percent in 2019, outlook positive
The International Monetary Fund (IMF) expects real non-oil growth in Saudi Arabia to pick up in 2019 to 2.9% as government spending and confidence increase, according to reports, while real GDP growth is projected to slow to 1.9 percent as real oil growth slows to 0.7 percent with the implementation of the OPEC+ agreement. The data was […]
-
U.S. Preparing to Send 500 Troops to Prince Sultan Air Base in Saudi Arabia
The Trump administration is preparing to send 500 troops to Saudi Arabia amid increasing tensions with Iran, CNN reports. The troops are expected to be sent to the Prince Sultan Air Base, located in the desert east of Riyadh. A small number of troops and support personnel are already on site with initial preparations being made for a […]
-
New E-Commerce Law in Saudi Arabia May Boost Kingdom’s Fast-Growing Online Retail Market – Report
A new e-commerce law in Saudi Arabia, passed last week by the Saudi cabinet, is set to “further accelerate the kingdom’s fast-growing online retail market,” analysts told Zawya. The new law aims to enhance the reliability of e-commerce in the Kingdom and provide a boost to that sector. The new law is being hailed as a first of its kind […]
-
Saudi Foreign Reserves Continue Climb, Non-oil PMI Index at Highest Since December 2017
The recently-released Jadwa Investment report on the Saudi economy found a positive picture developing for the Kingdom, with economic data positive in May with the non-oil PMI index reaching its highest reading since December 2017. The Kingdom also continued adding to its foreign reserves accounts. SAMA FX reserves rose by $12 billion month-on-month to stand at $517 […]
-
Report Looks at Surging Role of Sovereign Wealth Funds in GCC Economies
A recently-released joint publication from the Sovereign Wealth Fund Institute (SWFI) and Marmore Mena Intelligence examines the growing role of sovereign wealth funds (SWFs) in GCC economics. Sovereign wealth funds, like the Saudi Arabia Public Investment Fund (PIF), are growing in importance in GCC economies as they press ahead with economic diversification efforts and reduce their […]
-
Saudi cabinet affirms desire to avoid war and have stable oil markets in face of heightened Iran tensions
Saudi Arabia’s cabinet took the step of affirming the Kingdom’s desire to avoid regional conflict and ensure stable oil markets as tensions between Iran and the United States simmer, according to the state-run Saudi Press Agency and Reuters. The kingdom “will do everything in its power to prevent any war and its hand is always extended […]
- 10 of 3045 results<< 1 … 106 107 108 109 110 … 305 >>
MUST-READS
-
Authorities warn of thunderstorms, hail across Saudi Arabia until Sunday
The Saudi Civil Defense warned of thunderstorms across the Kingdom until Sunday as the country experiences cooler autumn weather. The authorities urged people to avoid areas susceptible to flooding, not to swim in open water, and to follow instructions issued through social media channels. The Makkah region is expected to receive heavy rain that may lead to torrential downpours, hail, and strong winds.
-
Saudi Arabia approves first ETFs tracking Hong Kong-listed equities
Saudi Arabia has granted approval for its first exchange-traded funds (ETFs) tracking equities listed in Hong Kong on Tuesday, the Capital Market Authority (CMA) said, marking the debut of such a product in the Middle East. The move follows efforts by Beijing and Hong Kong to deepen ties with Arab countries in response to escalating tensions with the West.
-
One commercial registration is enough for a firm throughout Saudi Arabia
The law facilitated the conduct of commercial business by canceling the issuance of sub-registrations for companies and establishments, and then sufficing with one commercial register at the Kingdom level, including all the activities of the establishment, which contributes to reducing the financial burdens on these firms.
-
HALO Space to Build Final Assembly Facilities in Saudi Arabia, Prepares for Test Flight
“The decision to establish industrial capabilities like final assembly, testing facilities, a spaceport, and an immersive dome experience in Saudi Arabia reflects the Kingdom’s favourable business environment,” Mira said. “We believe Saudi Arabia is well-positioned to lead the near-space sector, and we’re excited to deepen our partnership as we push forward with our mission.”
-
UAE, Saudi consumer spending trends revealed
The eighth edition of the VML Shopper Report was released this week, revealing data-based predictions of how shopping habits will evolve in the years to come. The report surveyed over 30,000 consumers from 20 countries, two of which include the UAE and Saudi Arabia (KSA). The report finds that consumers’ affinity for online shopping has waned globally, with many now craving a more balanced retail landscape. Another key finding is that brick and mortar retail must evolve to offer a better integrated omni-channel shopping experience.
-
Saudi Foreign Minister Arrives in Jordan
Prince Faisal bin Farhan, Minister of Foreign Affairs, arrived today in Amman, Jordan, to attend the meeting of the ministerial committee from the Arab-Islamic summit on Gaza Strip developments. The meeting of the ministerial committee in Amman comes to coordinate joint Arab and Islamic efforts during the high-level week of the 79th session of the United Nations General Assembly, which will be held in New York later this month.
-
Saudi Arabia will not recognize Israel without Palestinian state, says Crown Prince
Saudi Crown Prince Mohammed bin Salman on Wednesday said that Saudi Arabia would not recognize Israel without a Palestinian state and strongly condemned the “crimes of the Israeli occupation” against the Palestinian people. “The Kingdom will not stop its tireless work towards the establishment of an independent Palestinian state with East Jerusalem as its capital, and we affirm that the Kingdom will not establish diplomatic relations with Israel without that,” the Crown Prince, known as MBS, said.
-
UAE President to begin official visit to US on Monday
President His Highness Sheikh Mohamed bin Zayed Al Nahyan will start an official visit to the United States of America on Monday, the first since assuming the Presidency of the UAE.
-
Saudi property market grows despite flurry of new units
A combined 27,500 units came onto the market from January to June in Saudi Arabia’s two largest cities, bringing the total residential stock to about 1.5 million units in the capital and to 891,000 in Jeddah, a new report from the real estate consultancy JLL said. Despite this, residential sales prices jumped 10 percent over a year in Riyadh, with rents growing by 9 percent. In Jeddah, prices were up 5 percent and rents up 4 percent over the first half of 2023, the report said.
-
Nestlé establishes its first food manufacturing plant in Saudi Arabia
Nestlé agrees plans for its first food manufacturing plant in Saudi Arabia with investment from the Saudi Authority for Industrial Cities and Technology Zones (Modon). The project aims in its initial stages to produce children’s food and launch an automated production line with modern technologies for packaging and filling materials operated by highly skilled and qualified national personnel. The 270 million SAR (US$72 million) investment is intended to boost local food production. The agreement, signed on September 15, 2024, in Riyadh, allocates a 117,000 SQM plot in Jeddah city’s Third Industrial City for the facility.
- 10 of 61020 results<< 1 … 107 108 109 … 6,102 >>