SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Saudi Government Publishes New Overview of Economy Highlighting Balanced Budget Goal by 2020
- December 28,2016
•
- SUSTG Team
Saudi Arabia has published a new report highlighting its goals to achieve a fiscal balance by the year 2020. The 85-page report, which places the goal in the context of the Kingdom’s ongoing economic transformation plans, is the first of its kind since Saudi Arabia published its Vision 2030 and National Transformation Program overviews earlier this year. The […]
-
For Saudi Arabia’s 2017 Budget, Jadwa Investment Sees ‘Expansionary Fiscal Stance’
- December 27,2016
•
- SUSTG Team
Saudi Arabia unveiled its 2017 budget last week with a budgeted SR890b ($237.2b) in spending, which is a SR50b ($13.3b) increase over the 2016 budget of SR840b ($223.8b). In a note sent to investors, Riyadh-based Jadwa Investment released a report outlining Saudi Arabia’s efforts to reduce its deficit despite the increase in spending. Based on revenues […]
-
U.S. Chamber of Commerce Brings Global Initiative on Health and Economy to Saudi Arabia
- December 21,2016
•
- SUSTG Team
A delegation from the U.S. Chamber of Commerce recently traveled to Saudi Arabia as part of an initiative aimed at promoting healthy living as a way to achieve a thriving economy. The U.S. Chamber’s Global Initiative on Health and Economy works to promote health as an economic asset around the world. This month, representatives from the […]
-
Saudi Housing Authorities to Set Up Online Portal to Increase Transparency and Resolve Renter, Landlord Disputes
- December 20,2016
•
- SUSTG Team
Saudi Arabia plans to set up a center to resolve disputes between tenants and landlords as authorities look to reform and modernize the way property is bought, sold, and leased in Saudi Arabia. According to the English language daily Saudi Gazette, the Saudi housing ministry plans to establish the “Center for Real Estate Dispute Redressal,” which will […]
-
Careem, an Uber Rival in the Middle East, is Newest ‘Unicorn’ Company with Saudi, Japanese Investments
- December 19,2016
•
- SUSTG Team
Careem, one of Uber’s rivals in the Middle East, has taken in $350 million in investment led by Japanese e-commerce firm Rakuten and Saudi Telecom Company (STC), the second investment made by Saudi Arabia’s government into ride-sharing apps this year. Saudi Arabia’s Public Investment Fund (PIF) invested $3.5 billion in ride-hailing app Uber in June, […]
-
Saudi Arabia’s SIDF Gets New Investment Muscle to Enter New Industries
- December 16,2016
•
- SUSTG Team
Saudi Arabia’s Energy Minister Khalid al-Falih said that Saudi Arabia plans to boost the capital of the Saudi Industrial Development Fund (SIDF) by SAR6bn ($1.6bn) to help finance the kingdom’s entry into new industries. The additional planned allocation would be on top of the SAR3bn ($800m) of capital recently injected in the fund, Falih said, […]
-
Monetary and Financial Developments in the Kingdom
- December 15,2016
•
- SUSTG Team
A recently released report by Jadwa Investment finds that, following the US Federal Reserve’s second rate hike since 2008, the US’s path to policy normalization “is expected to accelerate.” For the Saudi monetary system, the Saudi Arabian Monetary Authority (SAMA) has passed several measures to enhance liquidity in the domestic financial system, which has contributed […]
-
Mixed Picture for Saudi Labor Market as Unemployment in Kingdom Hits 4-Year High
- December 12,2016
•
- SUSTG Team
Saudi unemployment rose to a four-year high despite overall employment growth remaining positive, the Riyadh-based Jadwa Investment finds in a report on the Saudi labor market. The report is a mixed picture for Saudi Arabia. For example, during the first three quarters of 2016, total net employment in the Kingdom saw a “significant rise” of […]
-
Major U.S. $7.9 Billion Weapon Sales Plans Include $3.51b in Chinooks to Saudi Arabia
- December 9,2016
•
- SUSTG Team
The Defense Security Cooperation Agency (DSCA) has approved five notifications of weapon sales to Congress, including 48 Chinook Cargo Helicopters for Saudi Arabia, Apache helicopters for the United Arab Emirates and TOW missiles for Morocco, according to reports. The estimated cost for the Saudi purchase is $3.51 billion. The Defense Security Cooperation Agency delivered the required […]
-
OPEC’s Oil Production Announcement Sends Prices Soaring, Raises Optimism for Reigning in Oversupply in 2017
- December 6,2016
•
- SUSTG Team
In the wake of last week’s OPEC decision to reduce crude oil production, oil prices have surged roughly 15% in just one week. At roughly $55/barrel on Brent, that’s the highest level in more than a year. OPEC agreed to slash its output by 1.2 million barrels a day, or more than 1% of global output, […]
- 10 of 1679 results<< 1 … 104 105 106 107 108 … 168 >>
MUST-READS
-
SecurityJordan Foils Iran-Linked Plot Against Saudi Targets
Jordanian security forces have allegedly arrested a man who they say was affiliated with an Iranian-backed group and plotting to carry out an attack in the country, Arab news outlets reported Monday. The suspect, who was detained with nearly 100 pounds of explosives, was planning to attack Saudi targets in Jordan, the Times of Israel reported.
-
Solar EnergyDesert Technologies plots Saudi manufacturing expansions to capture domestic market
“Saudi was our first target but we couldn't keep waiting so we developed other projects and that has enabled us to get experience in the region. Solar is a necessity in the region and Saudi will do solar perhaps after the summer. There is no debate, for sure they will go solar and when they start, it will be huge, they will want gigawatts and they'll be asking for projects to start yesterday,” said Cherradi pointing to the recent competitiveness of tenders in Dubai.
-
Saudi - RussiaDid Moscow’s ‘air defense’ diplomacy land Saudi deal?
Not everyone, however, shares this skepticism, and official Moscow appears to be quite serious about the potential for developing military-technical cooperation with Riyadh given the changes that have taken place in the region and in the kingdom.
-
Ministry of JusticeJustice Ministry trains 6,000 employees
The ministry source said: “The ministry provided specialized program in anti-money laundering that discusses the definition of the crime, its causes and effects.” They also learned about methods and the role of regulators and supervisory staff in monitoring money laundering. The training also discussed international efforts in the fight this crime.
-
Wikileaks: Saudi ArabiaWikileaks exposes reams of secret Saudi diplomatic files
Wikileaks so far has published roughly 60,000 documents, of which The Associated Press only has been able to authenticate a handful. But the organization has a long track record of hosting large leaks of government material and in a statement released late Saturday, the Saudi government acknowledged its diplomatic servers had been penetrated ahead of the mass disclosure.
- WSJ (Paywall) - Purported Saudi Documents Published by WikiLeaks Show Tensions with Iran
- The Guardian - Saudi Arabia tells citizens to ignore latest WikiLeaks release
- Washington Post - How leaked Saudi documents might really matter
- Independent - 5 things we've learned from the Saudi Arabia Wikileaks documents
-
Counter-TerrorismBahrain thwarts anti-Saudi plot
Bahrain said on Thursday it had seized explosives and bomb-making materials planned for use in Bahrain and Saudi Arabia in what it said was an attempt to use its borders as a base for attacking targets in the region.
-
U.S. - Iran: Sports DiplomacyWrestling’s Curby Cup next move in US-Iran sports diplomacy
In the past, the competition has attracted teams from less accomplished wrestling nations, Christina “Kiki” Kelley, team leader for USA Wrestling and a major supporter of the Curby Cup, told Al-Monitor. “Iran is No. 1 in the world for Greco-Roman so it’s a huge deal to get them.”
-
Saudi - Israel: Track Two DialogueHow important is Saudi-Israeli track-two diplomacy?
These affiliations suggest a possibility that, at least on the Saudi side, the dialogue was revealed because it’s no longer impactful. The engagement with Israel might have been more an initiative of the previous regime, which has now been supplanted through a series of swift policy and personnel changes by the new king. There would thus be little reason for the Saudis involved to continue to keep the channel secret, and perhaps some hope that revealing it will increase pressure on their new leadership to explore some of the ideas the track-two dialogue produced.
-
WomenSaudi Arabia shuts 90 bridal shops ‘for not employing women’
Saudi authorities have shut 90 bridal shops in Jeddah for failing to employ women, it was reported on Monday.
-
U.S. - IsraelObama: Stalled peace process makes it harder for U.S. to defend Israel at UN – Diplomacy and Defense
U.S. President Barack Obama said Tuesday that the stalled Israeli-Palestinian peace process, along with the conditions Israeli Prime Minister Benjamin Netanyahu has set for establishing a Palestinian state, have made it harder for the United States to continue defending Israel at the United Nations against European initiatives. In saying this, Obama hinted that the U.S. may withhold its veto on the French initiative to transfer a decision on the Israeli-Palestinian conflict to the UN Security Council.
- 10 of 1113 results<< 1 … 105 106 107 … 112 >>
