Analysis

Saudi Arabia’a Allocating $267 Million to Intellectual Property Strategy, a Sign That Kingdom is ‘Prioritizing a Knowledge-Based Economy’

SUSTG Team
|
10. 12. 2023

The allocation of $267 million to the Intellectual Property Strategy is a signal that Saudi Arabia is "prioritizing a knowledge-based economy," according to an item in the International Intellectual Property Law Association website.

Shares of oil and gas driller ADES Holding Climbed Almost 30% above its listing price on its market debut in Riyadh

SUSTG Team | 10. 11. 2023

Shares of oil and gas driller ADES Holding climbed almost 30% above its listing price on its market debut in Riyadh on Wednesday after raising $1.22 billion in an initial public offering last month, according to Reuters.
Regional HQ Executives to get Premium Residency Under New Government Scheme to Boost Investment

SUSTG Team | 10. 10. 2023

Saudi Arabia's Ministry of Investment has developed a mechanism to grant premium residency to executives who base their company's regional headquarters in the Kingdom, according to reports, in a bid to boost the business environment in the Kingdom and attract more foreign investment.
First Hydrogen Train in Middle East to Begin Trials Next Week, Saudi Energy Minister Says

SUSTG Team | 10. 9. 2023

Saudi Arabia's Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East will begin trials next week, according to a report in Reuters.
The Growing Size and Role of the Public Investment Fund (PIF) in Saudi Arabia with Robert Mogielnicki, FII 2023, Saudi World Cup and more…

SUSTG Team | 10. 6. 2023
Israeli Minister Speaks Publicly for the First Time in Saudi Arabia’s Capital Riyadh – Report

SUSTG Team | 10. 5. 2023

An Israeli minister spoke publicly for the first time in Saudi Arabia’s capital Riyadh about “blossoming ties” between the two countries, the latest sign the duo are inching toward normalizing relations - and even thanked the two leaders, mentioning first the Kingdom of Saudi Arabia.
Saudi Arabia’s Tourism Effort Paying Off as Sector Sees 58% Growth in 2023 — Report

SUSTG Team | 10. 4. 2023

Saudi Arabia has been ranked second globally in terms of tourist arrivals during the first seven months of 2023, the Saudi Press Agency reported on Tuesday.
PIF Announces Establishment of Al Balad Development Company (BDC) to become the main developer of Jeddah’s historic Al Balad District

SUSTG Team | 10. 3. 2023

The Public Investment Fund (PIF) announced the establishment of the Al Balad Development Company (BDC), which will become the main developer of Jeddah’s historic Al Balad district.
Discussing the Venture Capital ecosystem in Saudi Arabia and the MENA with investor Amjad Ahmad and much more…

SUSTG Team | 10. 2. 2023

In episode 105 of The 966, Amjad Ahmad, a leading venture capitalist and seasoned investment professional with extensive experience in VC and private equity in emerging markets, joins to discuss the VC ecosystem in Saudi Arabia, the MENA region, and globally today.
Saudi Aramco expands into LNG by buying stake worth $500m in MidOcean Energy

SUSTG Team | 9. 29. 2023

Saudi Aramco has signed a $500 million agreement to buy a minority stake in liquefied natural gas company MidOcean Energy. This is Aramco's first investment in LNG and is part of the company's efforts to diversify its activity beyond its core oil business.

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