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Recent stories from sustg
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Modernity and tradition: Khalid Habash’s stunning photos of Saudi
- October 1,2012
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- Lucien Zeigler
It is no secret that Saudi Arabia’s economy and society are modernizing at a remarkable pace. Already the Arab world’s largest economy, the Kingdom also has one of the world’s highest GDP growth rates. Government spending is expansive and investment in infrastructure, education and numerous other sectors are at all time highs. Soon to be […]
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Jadwa: Private sector leads real GDP growth in Q2
- September 21,2012
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- SUSTG Team
Jadwa Investment recently released a report about GDP growth in Saudi Arabia, noting that the private sector was leading real GDP growth in the second quarter of 2012. Latest economic growth data released last week confirm that the healthy performance of the Saudi economy continued into the second quarter of 2012 albeit at slower pace than previous […]
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Abdullah Alireza speaks at C3 Summit
- September 20,2012
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- Richard Wilson
SUSTG attended the C3 Summit in New York City September 13-14, 2012. This was the inaugural event in what the organizers anticipate will be an annual gathering to ‘build new relationships, foster existing partnerships and exchange best practices’ between the U.S. and the Arab world. C3 (Community, Collaboration and Commerce) is looking to host the […]
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Total US-Saudi Bilateral Trade Reaches Record-High $39 Billion in H1 2012
- September 17,2012
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- SUSTG Team
Total bi-lateral trade between Saudi Arabia and the United States reached $39 billion in the first six months of 2012, a record high for any half to date. Below are some key US-Saudi trade figures for the first half (H1) of 2012 provided to SUSTG by the Saudi Commercial Office at the Royal Embassy of […]
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Saudi Mortgage Law: Key Details Still to be Determined
- September 7,2012
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- Hussein Abusaaq
Saudi Arabia faces housing challenges caused by rapid population growth and an inflow of expatriate workers to the kingdom.
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Jadwa September 2012 Saudi Chartbook – Inflation
- September 6,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.” However, Jadwa notes that the “healthy underlying economic momentum remains in place.” Below is a snapshot of […]
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Jadwa September 2012 Chartbook – Construction Indicators
- September 4,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.” However, Jadwa notes that the “healthy underlying economic momentum remains in place.” Below is a snapshot of […]
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Jadwa September 2012 Saudi Chartbook – Real Economy
- September 2,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Saudi Charbook for the month of September 2012 found that the Saudi economic activity in July experienced a “modest slowdown of economic activity…with indicators of consumer spending and PMI slowing on the back of a seasonal trend.” However, Jadwa notes that the “healthy underlying economic momentum remains in place.” Below is a snapshot of […]
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For GCC, a Challenge Within Reach: The Gulf Rail Network
- August 22,2012
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- SUSTG Team
Railways have never been the preferred mode of transportation in the Gulf, neither for passengers nor for goods, for geographic reasons and, mostly, due to the affordable prices of fuel for road transportation. But in the next few years, and in order to boost trade, Gulf countries are expected to spend more than $100 billion on rail […]
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Saudi: strongest passenger growth in a decade as market expands
- August 15,2012
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- SUSTG Team
After several years of sagging performance, Saudi Arabia’s aviation market reported its strongest growth in passenger traffic in more than a decade in 2011, even against the background of the Middle East’s regional social unrest. Despite the Arab Spring uprisings in North Africa and some of the Gulf states, Saudi Arabian passenger traffic boomed in […]
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MUST-READS
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Banking and FinanceSaudi hires Jadwa Investment to advise on selling soccer clubs
Saudi Arabia's Jadwa Investment, one of the country's largest privately owned investment banks, has been appointed to advise on the privatization of as many as five soccer clubs in the Saudi Professional League, sources told Reuters on Wednesday.
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Airport PrivatizationSaudi Airports to Attract Foreign Investments
The Saudi official noted that all of the 27 Saudi airports, in addition to the sectors of air navigation and IT services, fall within the framework of the privatization project, according to a comprehensive plan aimed at turning airports into operating companies by the middle of 2020.
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U.S. EnergySaudi Arabia indicates Trump policies may spur it to raise US oil investments
Saudi Arabia may increase its oil investments in the United States due to a more fossil fuel-oriented energy policy by the U.S. administration of President Donald Trump, the kingdom's energy minister told the BBC in an interview.
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Public Investment Fund (PIF)Saudi Public Investment Fund set to become a world leader
The publically owned Saudi Public Investment Fund is looking set to become one of the world’s most powerful sovereign funds after a sudden burst deal making, Al Arabiya English reported Monday citing a report from UK daily the Financial Times.
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LibyaLibyan oil chief: investment could help west recover moral authority
The international community has lost moral authority in Libya and can best help the country by acting to end oil smuggling and providing investment to boost production, the chairman of the Libyan National Oil Corporation, Mustafa Sanalla, has said.
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ICTInvestment in KSA’s communication sector to hit SR138bn in 2017
Total investment in the communication sector hit SR180 billion and spending reached SR130 billion during 2016, with the sector’s contribution to the GDP at 6 percent.
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DowDow to Increase Investment in Saudi Arabia
Dow Center for Innovation and Development in the Middle East is expected to kick off its operations in the second half of 2018 to boost its exports all across the world.
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PIFApple joins SoftBank’s Vision Fund with $1 billion investment
Today, Apple confirmed plans to invest in SoftBank’s massive $100 billion Vision Fund, the international tech fund the telecom giant announced last October.
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Foreign InvestmentForeign investment in Saudi Arabia rises to $0.3 trillion
Foreign investments in Saudi Arabia has recorded a rise of 3.2 per cent equivalent to 36.1 billion riyals ($9.6 billion) at the end of the third quarter of this year compared to the same period last year.
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TechnologySoftBank-Saudi Arabia tech fund is behind $50 billion investment Donald Trump touted
In reality, a big chunk of the cash is likely to come from the Saudi government.
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