SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Browse Research Topics

Recent stories from sustg

MUST-READS

  • China’s MOF to issue up to $2b of dollar bonds in Saudi Arabia amid efforts to boost funding, opening-up

    China's Ministry of Finance (MOF) said on Tuesday that it would issue up to $2 billion of US dollar-denominated sovereign bonds in Riyadh, Saudi Arabia, during the week starting November 11, following approval by the State Council.  The move can help boost confidence in China's economy and sovereign credit among overseas markets while providing a new way for the Chinese government to raise funds, Wang Peng, an associate research fellow at the Beijing Academy of Social Sciences, told the Global Times on Tuesday.

  • Donald Trump elected US president in stunning comeback

    Donald Trump was elected president, capping a remarkable comeback four years after he was voted out of the White House and ushering in a new American leadership likely to test democratic institutions at home and relations abroad. Trump, 78, recaptured the White House on Wednesday by securing more than the 270 Electoral College votes needed to win the presidency, Edison Research projected, following a campaign of dark rhetoric that deepened the polarization in the country.

  • Netanyahu sacks defence minister, jolting Israeli politics as war grinds on

    Israeli Prime Minister Benjamin Netanyahu fired Defence Minister Yoav Gallant on Tuesday, citing a “crisis of trust”, and replaced him with close ally Israel Katz to lead the country’s war in Gaza and Lebanon. Netanyahu’s critics accused him of putting politics ahead of national security at a time when Israel is bracing for Iranian retaliation to its Oct. 26 airstrikes on the Islamic Republic.
    After Gallant was fired, protesters in Israel blocked highways and lit bonfires on roads, police said.

  • Saudi hits back at claim of 21,000 deaths due to safety violations

    In response, the National Council for Occupational Safety and Health published a statement to the Saudi Press Agency (SPA) refuting the claims. The council deemed the documentary a “misinformation campaign” involving “unfounded statistics lacking credible sources”, and reiterated Saudi’s commitment to workplace safety.  Also, the council emphasised that comprehensive health insurance, preventive care and safety protocols are mandated by Saudi labour laws to protect workers. Regulations also prohibit outdoor work during peak summer hours to prevent heat-related health incidents. According to Saudi officials, the nation’s work-related fatality rate is among the lowest in the world, at 1.12 fatalities per 100,000 workers.

  • Understanding Saudi Arabia’s Civil Transactions Law: A Cornerstone of Vision 2030 Reforms

    In a significant development, Saudi Arabia introduced the Civil Transactions Law (CTL or KSA Civil Code) on June 19, 2023, which came into effect December 16, 2023. This law, established by Royal Decree M/191, reflects a bold commitment to codifying Shari’ah principles, addressing commercial challenges, and aligning the nation’s legal framework with international standards. The CTL is an essential component of Vision 2030, Saudi Arabia’s roadmap for economic diversification and transformation. This reform is poised to improve legal certainty and create a predictable business environment, making Saudi Arabia a more attractive destination for local and foreign investments.

  • Saudi Arabia launches tender for 8 GWh of battery storage in world’s largest deal

    The Saudi Power Procurement Company (SPPC) has begun qualifying bidders for an enormous undertaking of four grid-scale battery projects totaling 8 GWh of storage capacity across the Kingdom. The projects mark the first phase of Saudi Arabia’s battery storage program, designed to support its goal of 50% renewable energy by 2030. Each 500 MW facility will operate for four hours, providing 2,000 MWh of total power capacity, said the Saudi Power Procurement Company (SPPC).

  • Strengthening Civil Aviation Partnership Between the United States and Saudi Arabia

    U.S. Deputy Assistant Secretary of State for Transportation Affairs Heidi Gómez and Saudi Executive Vice President of Air Transport and International Cooperation Ali bin Mohammed Rajab signed on October 22 a record of discussions finalizing negotiations on a Protocol of Amendment to further expand the U.S.-Saudi Arabia Air Transport Agreement of 2013.  The signing took place during the International Civil Aviation Organization (ICAO) Air Services Negotiation Event (ICAN2024) in Kuala Lumpur, Malaysia.  Once signed and entered into force, the Amendment will add seventh-freedom traffic rights for all-cargo operations to the bilateral Air Transport Agreement.

  • Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps

    The test for how long the payout can be maintained will likely come early next year, when a special component that amounts to about $10 billion a quarter is scheduled to start shrinking. Aramco is already paying out more than it’s earning as Saudi Arabia’s ambitious economic transformation plans widen the government’s budget deficit. It’s pushed the company into a net debt position for the first time in two years.

  • Saudi Arabia water crisis: how do they handle sustainable agriculture and water management?

    Dutch technology and expertise are central to these efficiency improvements. "There’s a strong awareness in the region that the current situation is unsustainable," according to Landhuis. "Over recent years, particularly in the UAE and Saudi Arabia, we’ve seen the construction of large-scale closed greenhouse systems and a growing interest in vertical farming. To give you an idea, the water used for producing one kilogram of tomatoes in a high-tech greenhouse is about 5 liters, compared to over 200 liters in many traditional systems. Much of this technology and knowledge comes from the Netherlands, particularly from Wageningen University & Research (WUR).”

  • Saudi megafund’s success rests on fuzzy local bets

    Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is undergoing a transition of its own. The kingdom’s $950 billion Public Investment Fund (PIF), tasked by Crown Prince Mohammed bin Salman (MbS) with delivery, is increasingly focused on a collection of relatively young domestic firms. While this segment’s value now exceeds $250 billion and is growing rapidly, the PIF’s dual mandate of boosting profits and jobs looks tough.