SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • CNBC’s full interview with Saudi Investment Minister Khalid Al Falih

    CNBC's Steve Sedgwick speaks to Khalid A. Al-Falih, the minister of investment for Saudi Arabia, at the Ambrosetti Forum.

  • Saudi Arabia’s Public Investment Fund to transfer its gaming stock to Savvy Games Group

    Saudi Arabia's Public Investment Fund is set to transfer its games-related stock to its subsidiary Savvy Games Group. The move could happen as early as 2025, according to a Savvy representative talking to Nikkei, with the initiative part of a wider plan to leverage IP across the Middle East, the Japanese publication reported.

  • Construction licenses drive investment surge in Saudi Arabia; Egypt secures 30% of total share in Q2

    Construction permits led Saudi Arabia’s investment licenses in the second quarter of 2024, with 737 issued, representing 27 percent of the total, according to official data. Figures from the Kingdom’s Ministry of Investment quarterly report also revealed that this number represents a 32.1 percent increase compared to the same period last year. Saudi Arabia is aiming to increase foreign direct investment inflows by SR388 billion annually by the end of the decade, contributing 5.7 percent to GDP,  as part of its Vision 2030 economic diversification strategy.

  • Saudi Industry Minister Visits China to Explore Investments, Cooperation

    Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef has commenced an official visit to the People's Republic of China. The visit aims to explore opportunities in the fields of automation and technology solutions, in addition to attracting quality investments to strategic industrial sectors in the Kingdom of Saudi Arabia, including the automotive, technology, and artificial intelligence sectors.

  • Saudi Industry Minister highlights shift from expatriate labor to automation and local talent investment

    During a business roundtable meeting organized by the Federation —the largest body representing the interests of manufacturing industries in Singapore— Al Khorayef emphasized Saudi Arabia’s strategic shift from reliance on expatriate labor towards automation and investment in local human resources.

  • Oman announces major changes to foreign investment rules

    The move offers opportunities for SMEs owned by Omanis to contest most business sectors, the decision lays emphasis on ensuring that the projects and activities related to the national identity and Omani heritage shall not be compromised.

  • GAFT refers 915 investment, export opportunities to Ministry of Investment

    The Saudi General Authority of Foreign Trade (GAFT) referred 915 investment and export opportunities to the Ministry of Investment and the Saudi Export Development Authority (SEDA) in 2023, compared to 948 opportunities referred in 2022. According to GAFT’s annual report, the number of export opportunities referred to SEDA was 660, compared to 871 in 2022. Meanwhile, the number of investment opportunities referred to the Ministry of Investment last year was 255, compared to 77 in 2022.

  • Saudi Arabia’s Hades Financial readies $750m for India investment

    The Riyadh-based group, which manages assets worth $6.1 billion, will deploy the new funds over the next three years. About $400 million from the new allocation will flow into homegrown companies, mostly those ripe for a public flotation within three years, said Mohammed Abrar Asif, co-chief executive officer at Hades, in a recent interview with Nikkei Asia.

  • Saudi banks’ T-bond investments fall to SAR 561.3B in July

    Saudi banks’ investments in treasury bonds declined by about SAR 1.9 billion month-on-month (MoM) to SAR 561.3 billion in July, data from the Saudi Central Bank (SAMA) showed.

  • Saudi Environment Ministry launches aquaponics investment opportunity in Jubail

    The Saudi Ministry of Environment, Water and Agriculture has offered a new opportunity for investors to establish a fish farm using aquaponics technology through the Furas Platform, the Saudi Press Agency reported. Through the project, the ministry aims to produce fish and plants in a total area of 40,000 sq. meters in Jubail Governorate.