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

  • Design Released for Saudi Arabia’s New Global Business School in Jeddah
     

    Renderings of the forthcoming Global Business School in Jeddah have been published online, depicting a massive building that will serve as a modern campus for the educational institution in Saudi Arabia’s second largest city. The new business school, which will have both Saudi and international students, is expected to open in 2020 and will operate […]

     
  • Will Trump’s JCPoA Decision Affect U.S.-Saudi Nuclear Talks?
     

    President Trump’s decision to withdraw the United States from the so-called Iran deal may have an effect on the ongoing negotiations between the U.S. and Saudi Arabia, according to analysts, as Energy Secretary Rick Perry hopes to steer Saudi nuclear negotiators into an “acceptable 123 agreement with additional protocols.” The U.S. is hoping to position Westinghouse among […]

     
  • Saudi Arabia Launches $13b ‘Quality of Life 2020’ Program to Promote Entertainment, Health, and Sports
     

    At a ceremony in Riyadh yesterday, the Kingdom unveiled its plans to spend 50 billion riyals ($13.33 billion) by 2020 on a new ‘Quality of Life 2020’ initiative to promote entertainment, health, sports and education as part of a modernizing drive by Crown Prince Mohammed bin Salman, according to Reuters. The program, which aims to generate 300,000 […]

     
  • Following Audit, Saudi Aramco Reserves ‘Higher than Expected’
     

    An audit of Saudi Aramco’s oil reserves done ahead of a planned IPO has found the state oil giant “to have higher reserves than it previously reported,” Reuters reports, citing sources familiar with the matter. Saudi Arabia’s oil, which is easily recoverable from the ground compared with shale sources found in the United States and […]

     
  • Saudi King, Crown Prince Attend Groundbreaking Ceremony for Qiddiya, Saudi Arabia’s Answer to Disneyworld
     

    Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman attended the opening ceremony this week of the Kingdom’s massive forthcoming entertainment city, Qiddiya, on the outskirts of Riyadh this weekend. Qiddiya represents another major investment in expanding social outlets for Saudis backed by Saudi Arabia’s PIF. The entertainment city sits 40km from downtown Riyadh and […]

     
  • Will Saudi Arabia Send Troops to Syria? Foreign Minister Adel Al-Jubeir Says Talks with U.S. Ongoing
     

    Saudi Arabia’s Foreign Minister Adel Al-Jubeir said it is “in discussions with the United States about sending troops to Syria,” according to the Washington Post, as President Trump seeks a way out for the U.S. military there. In comments to reporters in Riyadh, Al-Jubeir said the deliberations on what type of force needs to remain in […]

     
  • Arab Leaders Gather in Dhahran to Unite on Regional Challenges
     

    Arab leaders gathered in Dhahran this weekend for the 29th session of the Arab Summit, held for the first time at the recently-opened King Abdulaziz International Cultural Center in Dhahran. The group called on Sunday for an international probe into the “criminal” use of chemical weapons in Syria and condemned what it saw as Iran’s […]

     
  • Saudi Arabia’s Swings for Fences With ‘Bold, Risky’ Solar Bet
     

    Saudi Arabia and SoftBank signed a MOU to build a $200 billion solar power project this week in New York, dwarfing all other existing or planned projects in the world and placing the Kingdom and its 3,000 hours of sunshine a year into a global leadership position in the renewable energy field. The project, unveiled in New York this week […]

     
  • Crown Prince Mohammed bin Salman Visits UK on Wednesday with Billions in Deals Eyed
     

    Saudi Arabia’s Crown Prince Mohammed bin Salman will arrive to the United Kingdom on Wednesday, his second stop in a multi-national tour with a broad economic and diplomatic agenda. The Crown Prince is due to meet Prime Minister Theresa May and other senior ministers, members of the royal family, as well as security officials and […]

     
  • VAT, Fuel Price Reforms Cause Bump in Saudi Inflation
     

    Inflation rose in Saudi Arabia in January 2018 by 3 percent year-on-year, and 3.9 percent month-on-month “largely as a result of the implementation of VAT and utility and fuel price reform during the month,” Riyadh-based Jadwa Investment confirmed in a research note. The data is based on official Saudi figures released by the government. The figures suggested […]

     

MUST-READS

  • Saudi crude oil supply to China set to rise to 46 mln bbls in Oct, sources say

    Saudi Arabia's crude oil supply to China is set to rise to 46 million barrels in October, trade sources said on Thursday, after the world's top oil exporter slashed prices for Asia, boosting demand. China's top refiners Sinopec (600028.SS), opens new tab and PetroChina (601857.SS), opens new tab sought more crude for loading in October while demand from private refiners Rongsheng Petrochemical and Hengli Petrochemical held steady, they said.

  • Saudi Arabia expects to get access to Nvidia’s high performance chips ‘within the next year’

    “I think within the next year,” Habib, Deputy CEO of SDAIA’s strategy management office, told CNBC’s Dan Murphy after being asked about a potential timeline. It’s a significant expectation given that the United States’ strict export controls have thus far prevented the chips’ export to the kingdom. Habib made the comments on the sidelines of GAIN, Saudi Arabia’s international AI summit, which took place in Riyadh this week.

  • Three takeaways as Saudi Arabia begins 2026 World Cup qualifying with draw and win

    The third round of Asian qualifying for the 2026 FIFA World Cup began for Saudi Arabia last week and after a pair of matches against Indonesia and then China this Tuesday, the Green Falcons are sitting in second place on four points in Group C, behind leaders Japan. With rival Japan winning both of its opening matches, it sets up a fascinating clash between the two sides atop Group C next time out in Jeddah on October 10. Here, Al Arabiya English highlights three key takeaways from Saudi Arabia’s opening fixtures as it aims for a place at the 2026 FIFA World Cup in USA, Canada and Mexico.

  • Aramco fosters closer collaboration with key Chinese partners

    The agreements reinforce Aramco’s ongoing contribution to China’s long-term energy security and development, support China’s participation in Saudi Arabia’s economic growth, and foster collaboration in new technology development. They include preliminary documentation relating to a Development Framework Agreement with Rongsheng Petrochemical Co. Ltd. (Rongsheng) and a Strategic Cooperation Agreement with Hengli Group Co., Ltd.

  • Over 1 million Saudi ID cards renewed through Absher

    The Ministry of Interior, represented by its Civil Status Agency, has carried out more than one million national ID card renewals through the Absher platform. This is through using the latest facial recognition technologies since the launch of the electronic service in 2022. Saudi male and female citizens have benefited from the national ID card renewal service by uploading a personal photo electronically through the Absher platform, and it is possible to renew the ID 180 days before its expiry without the need to visit personally the Civil Status offices.

  • A new crisis may plunge Libya back into chaos

    In recent months, though, the considerable drama gripping the country has been far more shadowy, shaped by backroom deals, black market transfers and illicit smuggling. But it’s equally important and fraught. A rolling crisis over control of Libya’s central bank has paralyzed the economy and sparked new fears of conflict. Oil exports have dropped precipitously in recent weeks, while ordinary Libyans are facing long lines at gas stations, restrictions on their ability to withdraw cash from banks and a collapsing electricity grid.

  • Personal Data Protection Law Transition Period to end on September 14, 2024

    The one-year transition period granted to bring businesses’ activities into compliance with the Personal Data Protection Law of the Kingdom of Saudi Arabia is about to end on September 14, 2024. Given the law’s extraterritorial reach, it is crucial to consider its applicability and the data protection measures implemented.

  • Pakistan requests Saudi Arabia to provide $1.2bn oil facility

    The Saudi government wants to invest in the Reko Diq project to procure 15 percent stakes in two phases but the transaction is yet to be accomplished. Pakistan had struck a staff level agreement with the IMF under the $7 billion Extended Fund Facility (EFF) but it is yet to be placed before the Fund’s Executive Board for approval of the loan.

  • Non-Saudis invest over $106.6B in Saudi market

    The Saudi Exchange Co. (Tadawul) is working on introducing a package of developments in the derivatives and options contracts market, which was launched in December 2023 to boost liquidity and diversify contracts, CEO Mohammed Al-Rumaih said.

  • Hong Kong in talks with UAE and Saudi sovereign wealth funds for Asia investments

    Hong Kong is in talks with sovereign wealth funds in Dubai, Abu Dhabi and Riyadh to channel their investments into broader Asian markets including China and enable deals for Asian investors in the Gulf, a senior government official has said. The city, one of the biggest financial and trading hubs in Asia, has already developed a strong deal pipeline in Asia, the GCC and the broader Middle East region, in sectors such as energy, sustainability, infrastructure and utilities, commissioner for Belt and Road Nicholas Ho told The National.