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 Arabia Joins Global Community with Pledge to Achieve Net Zero Emissions by 2060
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Saturday at the Saudi Green Initiative (SGI) event that the world’s top oil exporter aims to reach “net zero” emissions of greenhouse gases, mostly produced by burning fossil fuels, by 2060, according to reports.
-
Saudi Arabia’s Nayifat Finance Company Latest to Announce IPO Plans on Surging Tadawul
Saudi Arabia’s Nayifat Finance Company said on Tuesday it plans an initial public offering (IPO) on the Riyadh stock exchange with a free float of 35% of its shares, according to a Reuters report. Nayifat, a consumer-focused Islamic finance firm, said in a statement that it plans a sale of 35 million shares to institutional […]
-
Saudi Arabia Adjusts Fiscal Outlook for 2022, Jadwa Investment Sees ‘Conservative’ Approach by Saudi Ministry of Finance
Saudi authorities released a preliminary budget statement for the 2022 fiscal year on 30th September 2021, and some fiscal and economic indicators were revised for the medium term. According to a report and analysis by Jadwa Investment, the main adjustment to Saudi Arabia’s fiscal outlook “relates to government revenue, with the upward revision to revenue from 2022 […]
-
Residential Mortgages Soar in Saudi Arabia; Commercial Rents in Riyadh See Post-Pandemic Recovery
Roughly five years after the launch of the Kingdom’s National Transformation Plan (NTP), a key part of the Saudi Arabia’s Vision 2030 social and economic masterplan, Saudi is seeing major initial progress in the real estate sector, with new residential mortgages soaring 1000% since 2016, according to a report from industry powerhouse KnightFrank.
-
‘Massive’ Coral Colony Discovered on Saudi Arabia’s Al-Waqadi Island is First in Region
A team of marine scientists and environment experts working for the Red Sea Development Company found a massive and unique coral reef south of Al-Waqadi Island off of Saudi Arabia’s coastline, Arab News and the Saudi Press Agency report.
-
Report: Potential Showdown Looms as PGA Tour Says it Wont Allow Players to Compete in Saudi International
The PGA Tour will refuse to allow some of its biggest stars to play in the Saudi International golf tournament next year in response to the Saudi Public Investment Fund’s backing of a new challenging tour to rival the PGA, according to a report in Golf Week.
-
Saudi Arabia’s Rock Art Complex Hima Gets Sought-After UNESCO World Heritage list Designation
Hima, one of the largest rock art complexes in the world located in Saudi Arabia, has landed on UNESCO’s World Heritage list, the sixth such location in the Kingdom to receive the sought-after designation, according to reports. Entered into UNESCO’s listings as the Ḥimā Cultural Area, the incredible rock art is located in an arid, mountainous area of […]
-
Biden Administration, Saudi Arabia ‘Working Closely on Multiple Fronts’, Top Embassy Spokesman Fahad Nazer Says
Saudi Arabia and the Biden Administration are working closely on multiple fronts as strategic allies to resolve regional conflicts, the Royal Embassy of Saudi Arabia in Washington’s top spokesperson, Fahad Nazer, said in an interview with Frank Kane of Arab News.
-
Saudi Screening of Hajj Applicants Enters Second Stage as 560k Apply for Only 60k Spots
The second stage of the selection process for 60,000 places available at the Hajj pilgrimage in 2021 began on Friday, The National reports, with applications being sorted according to health status.
-
U.S. State Department Blasts Yemen’s Houthis, Says Iran-Backed Group Bears ‘Major Responsibility’ in Conflict
The Biden administration’s State Department on Friday blamed Iran-aligned Houthis for the failure of a ceasefire to take hold in Yemen and accused them of failing to take additional meaningful steps to end the conflict, Reuters and other news agencies report. “While there are numerous problematic actors inside of Yemen, the Houthis bear major responsibility for refusing to engage […]
- 10 of 3043 results<< 1 … 223 224 225 226 227 … 305 >>
MUST-READS
-
Breakthrough pension reform in Saudi Arabia – A model for the MENA region
Saudi Arabia took a big leap forward in transforming its pension system with the recent announcement of comprehensive reforms, designed with support from the World Bank, aimed at enhancing income protection during old-age, but also promoting gender equality
-
Early medieval inscription discovered in Saudi Arabia
Saudi Arabia’s Heritage Commission announced the discovery, which was made at the village of Alqan in the northwestern part of the kingdom. Its historical significance lies in confirming the continued use of the Thamudic script in the 5th century AD, and offers new insights into the evolution of Arabic letter forms in the pre-Islamic era.
-
U.S. Oil Production Develops Massive Lead Over Russia And Saudi Arabia
For the first time, global oil consumption surpassed 100 million barrels per day in 2023. The demand for gasoline, diesel, and kerosene has returned to or exceeded pre-2019 levels, although there are variations across different regions. Global gasoline consumption slightly exceeded its pre-COVID level at 25 million barrels per day, while kerosene, despite showing strong growth of 17.5% in 2023, has not yet returned to its peak levels from 2019.
-
Foreign Minister Prince Faisal emphasizes significant progress in Saudi-Turkish relations
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan emphasized significant progress in Saudi-Turkish relations across political, economic, and security domains. During his official visit to the Republic of Türkiye, Prince Faisal announced the signing of a protocol to amend the minutes establishing the Coordination Council, with plans for the second coordination meeting in Riyadh soon. This reflects the leadership's commitment to advancing relations in all areas of mutual interest, he said.
-
Senior senators warn Israel-Saudi normalisation is slipping away from US
“It’s clear at this stage that none of this is going to work through Congress before the November elections,” Elizabeth Dent, a senior fellow at the Washington Institute for Near East Policy, told MEE, referring to the Biden administration’s prospective agreements with Riyadh. Coons said that those watching for a deal would need to see a “prompt announcement” of one from the Biden administration in the coming days. It would also require Congress to come back into session during the summer.
-
Who is Mohammed Deif, the Hamas military chief targeted by Israel?
Israel has targeted Hamas’ military chief Mohammed Deif in a strike on a designated humanitarian zone in southern Gaza which killed at least 90 Palestinians. It is not clear yet if Deif was among the dead. But who is he? An elusive and powerful figure, Deif is understood to be one of the masterminds behind the October 7 attacks. He has led the Palestinian militant group’s armed wing for more than two decades. If his death is confirmed, Deif would be the highest profile Hamas leader killed since the war in Gaza began nine months ago. Israel has been seeking to dismantle Hamas following the October 7 attacks but with fighting ongoing and senior Hamas figures at large, that goal has seemed distant.
-
Saudi Arabia’s environmental efforts helping to reduce dust storms
The center’s Executive Director, Jamaan Saad Al-Qahtani, said dust storms are declining due to the country’s environmental initiatives, especially the Saudi Green Initiative, an ambitious national program of planting 10 billion trees within the kingdom. The natural reserves also prevent desertification, and recent favorable weather patterns have further aided vegetation growth.
-
Saudi Arabia condemns assassination attempt on former US president Trump
Saudi Arabia on Sunday condemned the assassination attempt against former US president Donald Trump. In a statement by the foreign ministry, the Kingdom stressed its “rejection of all forms of violence” and expressed its “complete solidarity with the United States of America, the former president and his family.”
-
Thailand investment body opens first Middle East office in Saudi Arabia
The Thai Board of Investment (BOI) officially inaugurated its office in Saudi Arabia to capitalize on investment potential and regional cooperation. This marks its first office in the Middle East, launched during the "Saudi-Thai Investment Forum" held in Riyadh on Sunday, with senior government officials and business leaders from both countries in attendance.
-
Turkish President Erdogan receives Saudi foreign minister
Turkish President Recep Tayyip Erdogan on Sunday received Saudi Foreign Minister Prince Faisal bin Farhan Al Saud. “President Recep Tayyip Erdogan received Minister of Foreign Affairs of Saudi Arabia Prince Faisal bin Farhan bin Abdullah Al Saud at the Dolmabahce Presidential Office in Istanbul,” said the country’s Communications Directorate on X. Turkish Foreign Minister Hakan Fidan, who earlier Sunday had one-on-one talks with his Saudi counterpart, also attended the closed-door reception held at the Dolmabahce Palace Presidential Office.
- 10 of 60970 results<< 1 … 224 225 226 … 6,097 >>