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
-
PIF-backed Uber Technologies Buys Regional Rival Careem for $3.1 Billion
It’s the biggest tech deal the Middle East region has ever seen. Uber Technologies, Inc. is buying regional ride-sharing rival Careem for $3.1 billion, $1.7 billion in convertible notes and $1.4 billion in cash. Dubai-based Careem successfully rivaled Uber in Saudi Arabia and other parts of the Middle East region, amassing 30 million users across 90 […]
-
King Salman Announces New Governor of the General Authority for Foreign Trade in Weekend Royal Orders
Custodian of the Two Holy Mosques King Salman issued several royal orders on Saturday appointing a number of officials to positions, including appointing Abdulrahman Al-Harbi to be the first governor of the General Authority for Foreign Trade. Al-Harbi is serving as Deputy Minister for Foreign Trade and Investment in Saudi Arabia’s Ministry of Commerce and Investment. The […]
-
Saudi Arabia Enters Global Race for 5G Telecom with New STC Deals
Saudi Arabia is in the global race to launch one of the first 5G telecom networks in the world and the largest 5G in the Middle East and North Africa, according to reports. The stakes are high for all countries in the 5G race; the new cellular system will potentially transform the world as we […]
-
VAT Rollout in Saudi Arabia ‘Raised More Revenue than Initially Expected’ – Latest PWC Middle East Economy Watch
The latest Middle East Economy Watch quarterly report by PWC examined the economic impact of the VAT roll out in the UAE and Saudi Arabia, noting that “with some caveats, the early data suggests that the inflationary impact of the tax has been contained, the impact on growth is limited and in Saudi Arabia it has raised more revenue […]
-
PIF-backed Saudi mortgage refinancing firm to expand offering in 2019 – Report
The Public Investment Fund-backed Saudi Real Estate Refinance Company (SRC) expects to issue its first public sukuk this year and a second private placement in the next two weeks, while developing further plans to finance an expansion of the kingdom’s home mortgage market, according to reports. Saudi Real Estate Refinance Co., a unit of the kingdom’s […]
-
‘MSCI Tadawul 30 Index’ Goes Live with 30 Biggest Saudi Equities
MSCI Inc. and the Saudi Stock Exchange (Tadawul) announced today the launch of the MSCI Tadawul 30 Index, a tradeable index, according to a press release. The Index is based on the MSCI Saudi Arabia IMI Index that represents the performance of large, mid and small-cap stocks of the Saudi Arabia equity market. The Index […]
-
Saudi Arabia Sets Up New Company for NEOM Fully Owned by Kingdom’s PIF
Saudi Arabia has established a new company to proceed with the development of NEOM, the planned $500 billion mega-city to be built in the northwest of the Kingdom, according to reports. The company will be owned by the government’s Public Investment Fund, according to a Reuters report, which cited the Saudi Press Agency. The new legal status of […]
-
Royal Decree Removes Saudi Civil Aviation Authority President
The chairman of Saudi Arabia’s General Authority of Civil Aviation (GACA), Abdul Hakim bin Mohammed Bin Sulaiman Al-Tamimi, has been removed from his post by a royal decree issued on Monday, the Saudi Press Agency and other regional outlets reported. No announcement was made on who would replace him, nor was there a reason given for the […]
-
Saudi Arabia Explores Interconnected Gas Grid for Region
Saudi Arabia may pursue an interconnected natural gas grid in the region that would link together the Kingdom with Oman, Kuwait, and the United Arab Emirates, according to reports. “I am talking to my colleagues in Oman, Kuwait, UAE, about extending a gas grid in the region and we hope to exchange gas and we also have […]
-
Salaries in Saudi to Increase 5-6% in 2019, Women Participation to Rise 15%, Study Says
Salaries for mid-level to senior professionals in Saudi Arabia will rise between 5-6% on average in 2019 and women will see a 15% rise in workforce participation in 2019, a recent study by GCC-based recruitment consultancy Cooper Fitch said. The study, the Cooper Fitch Salary Guide for the Kingdom of Saudi Arabia in 2019, provides salary expectation […]
- 10 of 3038 results<< 1 … 232 233 234 235 236 … 304 >>
MUST-READS
-
Saudi Arabia Launches Geographical Survey Project with 1,200 Solar and Wind Stations
In a landmark initiative spearheaded by His Royal Highness, Prince AbdulAziz bin Salman bin AbdulAziz Al Saud, Saudi Arabia has launched a pioneering Geographic Survey Project for Renewable Energy sites. This ambitious endeavor, part of the National Renewable Energy Program, involves the installation of 1,200 stations across the Kingdom to assess solar and wind energy potential over 850,000 square kilometers. The scale of this project is unprecedented globally, covering regions equivalent to the combined areas of major European nations like the UK and France or Germany and Spain.
-
Saudi Arabia condemns Israeli approval of West Bank settlement expansion
Saudi Arabia’s Foreign Ministry on Saturday condemned the Israeli security cabinet’s approval to expand settlement operations in the West Bank. In a statement carried by the state news agency SPA, the ministry affirmed the Kingdom’s rejection of what it described as the “ongoing Israeli violations of international law and international legitimacy resolutions,” and warned of the “dire consequences” of Israel’s actions.
-
Governor of Asir Region Announces Launch of Saudi Summer 2024 Program
The Governor of Asir Region and Chairman of its Development Authority, Prince Turki bin Talal bin Abdulaziz, announced the launch of this year's Asir summer season activities as a part of the Saudi Summer 2024 program. The program will start in early July under the supervision of the Asir Region Development Authority and with the support of the Ministry of Tourism, the Saudi Tourism Authority, and the General Entertainment Authority, SPA reported.
-
How Saudi Arabia is creating a buzz around beekeeping and the honey making industry
Honey has long held a special place in Saudi culture, cultivated by beekeepers across the region for its medicinal and culinary uses. Now, with added government support, its true economic potential and environmental benefits are being realized. Last year, more than 100 licenses were granted to beekeepers to produce this liquid gold on land administered by the Imam Abdulaziz bin Mohammed Royal Reserve Development Authority, predominantly in the Rawdat Khuraim oasis.
-
Saudi Arabia, US Discuss Supporting Growth of Digital Economy in the Region
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawah has met in Washington with the US Secretary of Commerce, Gina Raimondo. Friday’s meeting was attended by Princess Reema bint Bandar bin Sultan bin Abdulaziz, the Saudi Ambassador to the US. During the meeting, the two sides discussed strengthening the strategic partnership between the Kingdom and the US to support the growth of the digital economy in the region, as Saudi Arabia is a pivotal hub for technology and innovation.
-
Jeddah Season 2024 kicks off with spectacular activities
The season includes numerous distinctive tourist and cultural activities. The City Walk area offers a mix of interactive experiences, motor and skill games, Arabic plays, restaurants, cafes, and shopping stores. Additionally, the Warner Bros. Discovery: Celebrate Every Story area, being held for the first time in Saudi Arabia, provides visitors and tourists with a variety of games and entertainment shows.
-
SEC boosts reliability with $266m Saudi interconnection project
The Saudi Electricity Company (SEC) has announced the successful completion and operation of a new strategic electrical interconnection project between the central and southern regions, that passes through the main substations in Al Kharj, Al Aflaj, Wadi Al Dawasir and Bisha.
-
Euros form of Saudi-based stars tests perceptions of slide in standard
France's N'Golo Kante had looked to be winding down his glittering career but his unexpected recall for Euro 2024 and eye-popping performances suggest his quality has not been diminished by his big-bucks move to Saudi Arabia last year. He is among several players in Germany challenging popular perceptions that the new Saudi Pro League is a career-ending option for big players seduced by huge salaries, with Kante dazzling on his return after a two-year absence and winning player of the match in his first two games.
-
Why Pakistan is looking to Saudi Arabia and the UAE to ramp up investment
Pakistan’s less-than-four-month-old government is pursuing a two-track approach to stabilize the country’s long-troubled economy. It is engaged in lengthy negotiations with the International Monetary Fund (IMF) to secure at least $6 billion in loans to shore up its ability to service its external debt. At the same time, Islamabad is also trying to woo its Gulf allies, most notably Saudi Arabia and the United Arab Emirates, in a bid to diversify its sources of external financing, address the lingering threat of insolvency, and put its economy on an upward trajectory of sustainable growth.
-
Non-citizens now allowed to participate in ZATCA auctions
The updates include improvements to the procedures for announcing public auctions through official channels and making all auction details available on the authority's website. This ensures greater transparency and allows bidders to participate according to clear and defined policies, saving time and effort for all stakeholders. Additionally, the updates allow both individuals and legal entities, including citizens and non-citizens, to participate in auctions. The updates also clarify the requirements and procedures related to auctions to enhance transparency and increase bidder compliance.
- 10 of 60854 results<< 1 … 233 234 235 … 6,086 >>