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

  • Abdullah Alireza speaks at C3 Summit
     

    SUSTG attended the C3 Summit in New York City September 13-14, 2012. This was the inaugural event in what the organizers anticipate will be an annual gathering to ‘build new relationships, foster existing partnerships and exchange best practices’ between the U.S. and the Arab world. C3 (Community, Collaboration and Commerce) is looking to host the […]

     
  • Total US-Saudi Bilateral Trade Reaches Record-High $39 Billion in H1 2012
     

    Total bi-lateral trade between Saudi Arabia and the United States reached $39 billion in the first six months of 2012, a record high for any half to date.  Below are some key US-Saudi trade figures for the first half (H1) of 2012 provided to SUSTG by the Saudi Commercial Office at the Royal Embassy of […]

     
  • Will Saudi Arabia become an oil importer by 2030?
     

    THIS was the question asked all of this past week all over the world. Thousands of stories were filed on the topic, following speculation by a Citigroup analyst that Saudi Arabia may start importing oil by 2030. According to that theory, by 2030, Saudi consumption of oil would outstrip production and we could be importing […]

     
  • Saudi Mortgage Law: Key Details Still to be Determined
     

    Saudi Arabia faces housing challenges caused by rapid population growth and an inflow of expatriate workers to the kingdom.

     
  • Property rents soar in Saudi Arabia, analyst report shows
     

    Residential property rents in Saudi Arabia’s main cities have increased by up to 15% in some locations in the first six months of the year. The latest analysis report from real estate consultants CBRE explains that an increasing population and a rapid rise in per capita GDP has led to soaring rents. There has been […]

     
  • Mitt Romney on Foreign and Middle East Policy
     

    This [US election] year is different. There is relatively little attention to issues outside America’s borders – only four percent of Americans “consider foreign affairs much of an issue in this year’s campaign” according to Foreign Policy.com.  The sluggish economy – taxes, unemployment, deficits, thorny domestic issues and “personality” questions dominate the campaigns. With the […]

     
  • Saudi Arabia breaks onto contemporary art scene
     

    Saudi Arabia is making its mark on the global contemporary art scene: works by Middle Eastern artists such as Talal Al Zeid and Mohammed Farea are available at Lam Art Gallery in Riyadh, the Empty Quarter photography gallery in Dubai was founded by the Saudi photographer Princess Reem Al-Faisal, while Message/Messenger, a 2010 installation incorporating […]

     
  • For GCC, a Challenge Within Reach: The Gulf Rail Network
     

    Railways have never been the preferred mode of transportation in the Gulf, neither for passengers nor for goods, for geographic reasons and, mostly, due to the affordable prices of fuel for road transportation. But in the next few years, and in order to boost trade, Gulf countries are expected to spend more than $100 billion on rail […]

     
  • What Islamic Advertising in Saudi Arabia Looks Like
     

    This image of McDonald’s famous Golden Arches — the ne plus ultra of a Western brand — looks jarring in Arabic script. But in the Middle East and parts of Asia, that’s McDonald’s all-American brand.

     
  • Saudis Back Syria Rebels, Mindful of Past
     

    Overcome by the suffering of civilians in warring Syria, a professor in Saudi Arabia’s capital strips off his watch on live television to give as aid. A Saudi bride on her wedding night offers up her entire dowry of $13,000. Parents bring their children to donation centers set up around the Saudi kingdom, watching proudly […]

     

MUST-READS

  • Israel pounds Beirut’s southern suburbs after US truce push

    Israel pounded Beirut's southern suburbs with a series of powerful airstrikes early on Friday morning after issuing evacuation orders to residents, in the first such strikes in days targeting the dense urban area, Reuters witnesses said. The Israeli military said it was targetting Hezbollah facilities and assets, an assertion that it has repeated over the course of dozens of strikes over more than a month in the neighborhood where the Iran-backed group holds sway.

  • Gulf region poised to rival Silicon Valley as next global tech hub, ‘unicorn factory’, tech investor says

    Speaking on the sidelines of the Future Investment Initiative (FII) in Riyadh this week, Moschini outlined an ambitious vision where the Gulf could become a “unicorn factory,” particularly by capitalising on its growing ties with Latin American entrepreneurs seeking global expansion. “One of my main goals is to connect talented Latin American entrepreneurs who are eager to expand with the resources and vision that can help them grow and turn the Gulf into a unicorn factory,” Moschini said in an interview with Arabian Business. She noted that Latin America, despite being home to dozens of unicorns, still faces significant capital access challenges that the Gulf could help address.

  • Red Sea Global announces $1.5bn AMAALA infrastructure funding

    The deal, supported by local and international financial institutions including First Abu Dhabi Bank, Emirates NBD, Riyad Bank, SNB, and Alinma Bank, highlights the consortium’s efforts to realise AMAALA’s vision of a sustainable luxury destination. Red Sea Global Group chief executive John Pagano said: “This project showcases our ability to develop large-scale, fully renewable energy-powered tourism destinations, delivering exceptional guest experiences and strong financial returns for partners.

  • Saudi commercial property market thrives as office investment interest hits 6-year high

    Saudi Arabia remains one of the strongest commercial property markets in the world, according to the Royal Institution of Chartered Surveyors (RICS) Global Construction Monitor Q3 2024. Overall occupier demand reported a very strong reading (+56 per cent net aggregate), and this growth is found among every commercial property sector, with office property recording an exceptionally strong +76 per cent result. There is exceptionally strong international investor demand growth, particularly for office property, which posted a +88 per cent reading – a record since the monitor was established in Q4 2018.

  • Saudi Arabia aims to enable direct investment by GCC residents: ElKuwaiz

    ElKuwaiz sees two prominent amendments to expand the scope of foreign investment. The first is to work on reviewing the rules of opening investment accounts, considering dealing with GCC residents as Saudi residents regarding investing in stocks, and thus allowing them to invest directly in the Saudi market.   This will be followed—after a year—with a review of the investor regulations to liberalize them in terms of the targeted categories and ratios, which have become a restricted factor for foreign investors.

  • Saudi Arabia may cut December oil prices for Asia, sources say

    Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in Middle East benchmark Dubai, trade sources said. Price cuts for Saudi oil would signal weak demand and provide more evidence for the Organization of the Petroleum Exporting Countries, led by Saudi Arabia, and its allies including Russia, a group known as OPEC+, to potentially delay plans to increase production from December.

  • Saudi Arabia and India agree to study feasibility of establishing power grid

    The second Ministerial Meeting of the Economy and Investment Committee under the Saudi-India Strategic Partnership Council was held in Riyadh. The meeting was co-chaired by Saudi Minister of Energy Prince Abdulaziz bin Salman and India's Minister of Commerce and Industry Piyush Goyal. During the meeting, Prince Abdulaziz and Goyal witnessed the signing of an agreement between the Saudi National Electricity Transmission Company and the Central Transmission Utility of India to study the feasibility of electrical interconnection between the two countries. The minutes of the Economy and Investment Committee of the Saudi-Indian Strategic Partnership Council was also signed on the occasion.

  • Singapore’s Olam receives buyout offer for agri unit amid IPO delays

    Singapore-based Olam Group (OLAG.SI), opens new tab said on Friday that Saudi Agricultural and Livestock Investment (SALIC) had made an offer to buy its remaining stake in Olam Agri (IPO-OLAA.SI). The offer comes almost two years after the group completed the sale of a 35.43% stake in Olam Agri to SALIC for $1.24 billion in December 2022. The transaction had given Olam Agri an equity valuation of $3.5 billion. Olam Group currently holds a stake of 64.57% in Olam Agri.

  • AI Leaders Gather in Saudi Arabia to Talk Energy

    Schwarzman of Blackstone, which is building a $25 billion data center empire, estimated that the AI boom could potentially propel electricity use to soar 40% in the next decade. He warned that could slow the development of the technologies, quite aside from its disruption to global economies. “In four years, giant economies, at the rate that expansion is going to happen, are going to stock out of electricity unless there’s either efficiencies in semiconductors and other types of things or you’re going to have to slow down the growth or have a giant expansion,” he said.

  • Riyadh hosts first meeting of ‘international alliance’ pushing for Palestinian state

    The Riyadh meeting was expected to focus on humanitarian access, the embattled UN agency for Palestinian refugees and measures to advance a two-state solution, diplomats said. The European Union was set to be represented by Sven Koopmans, the special representative for the Middle East peace process, diplomats said. The United States, Israel's top military backer, sent Hady Amr, the State Department's special representative for Palestinian affairs.