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 private-sector growth in August is fastest this year: PMI
     

    Growth in Saudi Arabia’s non-oil private sector edged up in August to its fastest rate this year, according to reports, “suggesting a long-awaited recovery of the economy may have begun.” The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index rose to 55.1 last month from 54.9 in July; a level above 50 indicates expansion, Reuters […]

     
  • Saudi Arabia’s PIF Seeks $11 Billion Loan, FT Reports
     

    Saudi Arabia’s Public Investment Fund (PIF) is set to choose international banks to lend the wealth fund $11 billion, according to a report in the London-based Financial Times. The FT reports that there is strong interest from major international lenders in participating in the loan to the PIF, including “[s]ome of the most senior names in international banking, including JPMorgan’s Jamie Dimon, Morgan […]

     
  • 2.3 Million Attend Hajj in Saudi Arabia
     

    An estimated 2.3 million pilgrims reassembled in Mina on Tuesday in celebration of the Eid Al-Adha with the rest of the Islamic world, as part of the annual Hajj pilgrimage, a 5-day journey to the holy city of Mecca in Saudi Arabia. The pilgrimage represents one of the five pillars of Islam and is required of all able-bodied […]

     
  • Saudi Aramco Weighs Global Bond Sale to Finance Purchase of Sabic Stake from PIF
     

    Saudi Aramco is considering tapping the international bond market for the first time, Bloomberg and the WSJ report, in order to finance the acquisition of petrochemical giant Sabic. The move into global capital markets could offer an alternative to an initial public offering, according to Bloomberg, citing people familiar with the talks. ‘The plans for a bond, […]

     
  • Jadwa Investment Raises Projected Economic Growth in Saudi Arabia to 2.2% in 2018
     

    Saudi Arabia’s economy is forecast to grow faster this year following a significant improvement in the global oil market, according to a recently released report by Riyadh-based Jadwa Investment. Jadwa Investment raised its forecasts for the Saudi Arabian economy’s growth in 2018 to 2.2%, compared with previous estimates for a growth rate of 1.5%. Jadwa expects Saudi production […]

     
  • Saudi Women Take the Wheel as Kingdom Marches to More Vibrant Society
     

    Saudi women exercised their new legal right to drive across the Kingdom for the first time in decades this weekend, with many taking to social media to document their experience. The new law allowing women to drive took effect on June 24th, with some newly licensed women drivers in the kingdom doing so right at […]

     
  • In Win for Saudis, OPEC Agrees On ‘Modest’ Increase in Oil Production
     

    The Organization of the Petroleum Exporting Countries (OPEC) agreed on Friday on a modest increase in oil production from July, Reuters reports, after its de-facto leader Saudi Arabia “persuaded arch-rival Iran to cooperate” amid calls from major consumers to help reduce the price of crude and avoid a supply shortage. The increase followed days of […]

     
  • Report: Saudi Binladin Group (SBG) to be Renamed and Resized after Rough Decade, Graft Allegations
     

    The one time leader in Saudi Arabia’s construction market, Saudi Binladin Group, will be slimmed down and renamed, according to an exclusive Reuters report, which cited six sources familiar with the matter. The government seized management control of the construction giant from the chairman and other family members after they were detained in anti-graft arrests last […]

     
  • In Boost to Corruption Reforms, King Salman Signs Order Protecting Whistleblowers
     

    Saudi Arabia’s King Salman has ordered protection for employees who report financial and administrative corruption, according to reports, an indication that the Kingdom is taking seriously its efforts to combat graft. King Salman’s order is an “interim measure while more detailed legislation is finalized,” according to Faisal bin Farhan, the top advisor to the Royal Embassy […]

     
  • ‘Huge Potential’ for Tourism in Saudi Arabia, Jadwa Finds
     

    A recently published research report by Riyadh-based Jadwa Investment finds a ripe landscape for investment and job growth potential in Saudi Arabia’s budding tourism sector, set for gains as the Kingdom continues to open up. “Despite high local demand and consumer spending, the sector has not been a strong performer yet, offering sizeable growth opportunities for […]

     

MUST-READS

  • Foreign ministers of GCC and Iran meet to address escalating tensions in the region

    Albudaiwi said that the meeting discussed the increasing escalation in the region and its serious repercussions on regional and international peace and security. He stressed on the urgency of de-escalation, exercising maximum restraint, and sparing the region further instability from the dangers of wars and destruction, and their effects on the peoples of the region and the world.

  • Qatar: Minister of Finance spotlights huge GCC financial and economic accomplishments

    He noted that the GCC is expected to achieve a 4.7-percent growth rate in 2025, up from 2.4 percent in 2024, and largely outperforming the relatively weak 2023 rates due to oil production reduction as part of efforts to support prices.

  • Gulf states sought to reassure Iran of their neutrality in Iran-Israel conflict, sources say

    Gulf Arab states sought to reassure Iran of their neutrality in the conflict between Tehran and Israel in meetings in Doha this week on the back of concerns that a wider escalation in violence could threaten their oil facilities, two sources told Reuters. Ministers from Gulf Arab states and Iran attending a meeting of Asian nations hosted by Qatar centred their conversations around de-escalation, the sources said.

  • Saudi foreign minister: A two-state solution is more urgent than ever

    A two-state solution is not merely an ideal; it is the only viable path to ensuring Palestine, Israel and the region’s long-term security. Uncontrolled escalatory cycles are the building blocks of wider war. In Lebanon, we are witnessing this first hand. Peace cannot be built on a foundation of occupation and resentment; true security for Israel will come from recognising the legitimate rights of the Palestinian people. By embracing a solution that allows both peoples to coexist in peace, we can dismantle the cycle of violence that has entrapped both sides for far too long.

  • Delta Air Lines and Saudia Airlines enter into new codeshare agreement

    As further evidence of the importance of US carriers establishing and expanding travel options to the Middle East, Atlanta-based Delta Air Lines has announced the signing of a new codeshare agreement with Saudia Airlines, the national carrier of the Kingdom of Saudi Arabia. The agreement, which remains subject to regulatory approval, builds on the existing interline agreement between the two companies.

  • Together Iran and Israel are destroying Biden’s Middle East policy

    Ironically, the principal threat to this US imperative has come from Israel rather than Iran. In the week following the October 7 attacks, Israeli Defence Minister Yoav Gallant began pressing for a major offensive against Hezbollah. Mr Biden pressured Israeli Prime Minister Benjamin Netanyahu to reject these demands and focus on Hamas. A similar scenario was repeated at least twice.

  • Architecture in the First Saudi State

    Architecture in the First Saudi State is the architectural designs in the provinces of the First Saudi State, founded by Imam Mohammed Bin Saud in 1727, with ad-Dir'iyyah as its capital, preserved a unique character. This architectural style reflects the societal bonds of the Saudi State. The architecture of that period was characterized by its durability and distinctive external lines, utilizing materials such as mud, adobe, stones, wood, tamarisk, and palm trunks in houses, as well as beams of forts and castles.

  • Saudi Arabia updates regulations for temporary work visas for Hajj and Umrah services

    These changes, approved by the Saudi Cabinet in its session on Tuesday, will aim to provide more flexibility for the private sector, allowing businesses to better align visa needs with labor market demands and contribute to creating a more attractive work environment, SPA added. One of the updates is the renaming of the seasonal work visa to the “temporary work visa for Hajj and Umrah services,” and extending the grace period for these visas from Shaban 15 until the end of Muharram (around Feb. 14 to July 25).

  • Palestinian Life in the West Bank, East Jerusalem After Oct. 7

    For the past decade, Palestinians living in the West Bank and East Jerusalem have rated their lives between 5.0 and 5.5 out of 10. In 2023, in the weeks before Oct. 7, they rated their lives at a 5.5, which is as positive as they have been since Gallup began measuring life evaluations there in 2006. Today, almost a year later, Palestinians’ evaluations of their current lives have dropped by nearly 1 point to 4.6, the lowest average in almost two decades.

  • 517 int’l companies licensed to open regional HQs in Saudi Arabia

    As many as 517 international companies were so far granted licenses to open their regional headquarters (HQs) in Saudi Arabia, Ministry of Investment said in its 2025 pre-budget statement. This came thanks to the efforts made under the National Investment Strategy (NIS), the minister noted. This surpassed the target to have regional HQs of 500 international companies by 2030, it further stated.

Left Menu Icon
Logo Header Menu