Analysis

SAUDI-UAE

UAE, Saudi Arabia to form new ‘Joint Cooperation Committee’

• SUSTG Team
• |
• 12. 5. 2017

The United Arab Emirates on Tuesday announced "a new economic and partnership group" with Saudi Arabia that is a "joint cooperation committee" in a move that further emphasizes Saudi-UAE alignment.

• Banking and Finance

  

  Citigroup Saudi Arabia to be ‘Fully Operational’ in 1Q 2018

  SUSTG Team  |  11. 15. 2017

  Citigroup will be "fully operational" in Saudi Arabia in the first quarter of 2018 after an absence of more than a decade, according to reports, as it seeks to capitalize on opportunities in debt and equity capital markets.

• Corruption Crackdown

  

  Markets Rattled by Saudi Shake-Up, Rising Regional Tensions

  SUSTG Team  |  11. 10. 2017

  Rising tensions between Saudi Arabia and Iran, as well as the kingdom's crackdown on corruption last week that has seen over 200 jailed and $100b in assets frozen, have rattled markets in the region and kicked off efforts for wealthy Saudis to move money abroad, according to reports.

• Saudi-Iran

  

  Al-Jubeir: ‘There Is No Doubt’ Iranian-Built Missile Shot from Yemen ‘Act of Aggression’

  SUSTG Team  |  11. 7. 2017

  Saudi Arabia's Foreign Minister Adel Al-Jubeir said that Saudi Arabia had the right to defend itself against Iran and would take "appropriate" actions to counter Iranian aggression against the Kingdom, according to an interview the foreign minister gave to CNN.

• Nuclear Power

  

  Saudi Arabia Takes Significant Step Toward Formal Tender for Peaceful Nuclear Power Plants

  SUSTG Team  |  10. 31. 2017

  Saudi Arabia has sent a request for information (RFI) to international suppliers to build two nuclear power plants, a first step towards a formal tender, three sources told Reuters.

• 

  Crown Prince Mohammed bin Salman Makes Rare Public Speaking Appearance at Conference in Riyadh, Announces New Megacity

  SUSTG Team  |  10. 24. 2017

• Public Investment Fund

  

  Keeping Track of Saudi Arabia’s Public Investment Fund’s Expanding Footprint

  Lucien Zeigler  |  10. 19. 2017

  Saudi Arabia's Public Investment Fund (PIF) has created a handful of new companies in several sectors in the Kingdom while investing in many others, injecting capital and a new competitor in the housing, energy, waste and recycling, tourism, transportation sectors and more.

• Social Reform

  

  Goldman Sachs Head Lloyd Blankfein Visits Saudi Arabia, Calls Changes in Kingdom ‘Striking’

  SUSTG Team  |  9. 29. 2017

  "Just back from Saudi Arabia. Social and economic change is striking. Long way to go but new generation is 'driving' reform," Blankfein said.

• Women's Rights

  

  With Historic Decree on Saudi Women Driving, An Economic and Social Game-Changer

  SUSTG Team  |  9. 27. 2017

  Saudi women and champions of equal rights around the world embraced a decision by Saudi Arabia's King Salman to allow women to drive for the first time, a landmark royal decree that will change the Kingdom's economy and society in countless ways.

• Vision 2030

  

  ‘NTP 2.0’ Keeps Key Policies and Privatization Plans in Place, Report Says

  SUSTG Team  |  9. 8. 2017

  Revision to Saudi Arabia's National Transformation Plan (NTP), dubbed 'NTP 2.0' that was released a year ago will keep key policies of fiscal reforms and a massive privatization program in place, sources familiar with the matter told Reuters.