SUSTG.com / Research

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

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

  • Hajj 2016 Begins: Millions Gather in Saudi Arabia
     

    An estimated two million pilgrims have converged in Saudi Arabia for the start of the annual Hajj pilgrimage today, lasting until Wednesday, September 13th. The hajj is one of the five pillars of Islam, which capable Muslims must perform at least once, marking the spiritual peak of their lives. Worshippers from more than 150 countries will embark on […]

     
  • Report: $20 Billion in Projects may be Canceled; Ministerial Budgets Squeezed as Saudis Adapt to Low Oil Prices
     

    A report in Bloomberg today said that Saudi Arabia is considering canceling more than $20 billion of projects in addition to making deep cuts to ministry budgets as the Kingdom takes austerity measures due to low oil prices. The budget cuts to some ministries could be as much as 25%, the Bloomberg report said.  Overall, the government is […]

     
  • Saudi, Russia Sign Oil Cooperation Agreement
     

    Saudi Arabia and Russia signed an agreement on Monday to cooperate in world oil markets – but the cooperation does not include an immediate cut in production that some other oil producing nations want. The agreement was struck between top Saudi and Russian officials currently at the G20 summit in the Chinese city of Hangzhou. Saudi Energy Minister […]

     
  • Jadwa: Economic Data for July Shows ‘Mixed Picture’ for Saudi Economy
     

    Recently-released Jadwa Investment monthly chartbook data on the Saudi economy for July showed “a mixed picture in economic activity,” the Riyadh-based investment firm said, noting that data on point-of-sale transactions and ATM withdrawals showed a notable slowdown in July, while the non-oil PMI rose to a 2016 high. The Saudi unemployment rate rose slightly to 11.6 […]

     
  • Asian Banks Said to Have ‘Intense Interest’ in First Saudi Foreign Debt Issuance, Reports Say
     

    Saudi Arabia is seeing “intense interest” in its first international bond sale of $15 billion and is considering further issuances given the current appetite, according to a report today in the Financial Times.  The Kingdom’s first international debt sale has generated so much interest from particularly from Asian investors that “the kingdom is weighing a […]

     
  • Deputy Crown Prince Mohammed bin Salman Arrives in China, Meets with Top Chinese Officials to Discuss ‘Vision 2030’
     

    Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and a delegation including top ministers and other officials are in China this week for talks aimed at pushing the Kingdom’s Vision 2030 broad economic reforms. The visit to global economic powerhouse China, like the Deputy Crown Prince’s visit to the United States in June, hopes to “showcase […]

     
  • In 2016, Saudi Restrictions Removed for U.S. Meat Exporters
     

    2016 has been a good year for U.S. farmers and food producers looking to expand into the Saudi market as the Kingdom has relaxed previously established restrictions on both poultry and beef imports from the United States.  In July, Saudi Arabia lifted a lengthy four-year ban on US beef imports that followed a scare over […]

     
  • Contemporary Saudi Art Exhibit Continues Tour of America
     

    Today’s SUSTG Review includes a review from the East Bay Express about GENERA#ION, a traveling show presenting contemporary art from Saudi Arabia that is now on view in a number of galleries in San Francisco.  The East Bay Express gives the show a strong recommendation and, in fact, the exhibition has been very well-received as […]

     
  • Saudi CMA Presses on Adoption of International Financial Reporting Standards
     

    The Saudi Capital Market Authority (CMA) continues to press forward it’s efforts to make the Saudi stock market (Tadawul) more attractive to foreign investors.  Earlier this month the CMA approved amended rules for Qualified Foreign Investors by lowering the asset qualifications as well as adjusting upwards some key ownership limitations.  For more on those changes […]

     
  • John Kerry to Visit Saudi Arabia
     

    U.S. Secretary of State, John Kerry, will travel to Kenya, Nigeria and Saudi Arabia next week as part of a tour that is expected to focus on counter terrorism.  Secretary Kerry is expected to be in Jeddah on Wednesday, August 24th. AFP reports that Secretary Kerry will meet with his counterparts from the six-nation Gulf […]

     

MUST-READS

  • Saudi Arabia sends first aid truck convoy to Syria

    Sixty trucks passed the Jaber Border Crossing in Jordan in the first Saudi aid convoy aimed at assisting the Syrian people. The operation is managed by Saudi aid agency KSrelief. The trucks are preparing to enter Syria, carrying essential supplies such as food, shelter and medical assistance to help alleviate the difficult conditions faced by the Syrian people. Also on Sunday, a sixth airlift relief plane to Syria, operated by KSrelief, arrived at Damascus International Airport, the Saudi Press Agency reported.

  • Saudi Arabia’s first ‘recycled road’ built in Al-Ahsa

    The project, a collaboration with Al-Ahsa municipality and the National Center for Waste Management, incorporated waste material into the asphalt layers of a road in the Al-Ahsa governorate, following research by the authority to assess the performance of asphalt and gravel layers made from aggregates sourced from the municipality’s environmental landfill. Using recycled material in infrastructure projects supports the Kingdom’s goal of transitioning to a circular economy. The target is a 60 percent recycling rate for such waste by 2035, which “highlights the Kingdom’s commitment to environmental sustainability and efficient infrastructure development,” the SPA said.

  • Impact of taxation on tobacco products prices in Bahrain, Saudi Arabia and United Arab Emirates

    The 3 countries imposed more than 70% excise tax on tobacco products. Saudi Arabia, in addition, imposed the value added tax. This led to sharp price increases and less affordability in all the countries. In 2020, the affordability index in the Gulf Cooperation Council countries ranged from 1.3% in Kuwait to 3.8% in Saudi Arabia. However, affordability was still higher in these countries than in the rest of the world.

  • A review of sugar-sweetened beverages taxation in Saudi Arabia and United Arab Emirates

    Both countries implemented SSBs taxation consistently between 2015 and 2023, generating additional revenue and reducing obesity rates. The acceleration scenario estimates showed that SBB taxation could reduce overweight prevalence among children and adolescents (‎aged 5–19 years)‎ from 38.2% in 2020 to 34.4% in 2030 in Saudi Arabia and from 37.0% to 34.6% in United Arab Emirates, and could reduce obesity rate by approximately 12.7% in Saudi Arabia and 9.5% in United Arab Emirates in the same period.

  • German, French foreign ministers meet Syria’s new rulers in Damascus

    The foreign ministers of Germany and France said they wanted to forge a new relationship with Syria and urged a peaceful transition as they met its de facto leader Ahmed al-Sharaa in Damascus on Friday on behalf of the European Union. Germany's Annalena Baerbock and France's Jean-Noel Barrot are the first ministers from the EU to visit Syria since rebels seized control of Damascus on Dec. 8 and forced President Bashar al-Assad to flee after more than 13 years of civil war, ending his family's decades-long rule. Their trip is meant to send a message of cautious optimism to the Islamist rebels led by Sharaa's Hayat Tahrir al-Sham (HTS), showing an openness to acknowledging the new rulers while also urging moderation and respect for minorities' rights.

  • Texas man who backed Islamic State acted alone in New Orleans attack, FBI says

    A U.S. Army veteran who killed 14 people by ramming a truck into a crowd of New Year's Day revelers in New Orleans had pledged allegiance to Islamic State and appeared to have made recordings in which he condemned music, drugs and alcohol. Shamsud-Din Jabbar, a 42-year-old Texas native who once served in Afghanistan, acted alone in the attack, the FBI said on Thursday, reversing an earlier assessment that he may have had accomplices. He was killed in a shootout with police after the rampage, which also injured dozens of people and has been labeled by the FBI as an act of terrorism. "It was premeditated and an evil act," FBI Deputy Assistant Director Christopher Raia told a press conference on Thursday, reaffirming the bureau's conclusion that Jabbar was inspired by Islamic State, the militant group with fighters in Iraq and Syria.

  • Riyadh’s King Khalid Airport named world’s most on-time large and global airport

    Riyadh’s King Khalid International Airport has been named winner in both the ‘Large’ and ‘Global’ Airport categories in Cirium’s 2024 On-Time Performance report. It was a double celebration for Saudi Arabia as Saudia was a close runner-up with 86.35 per cent among the airlines. Saudi was second only to Aeromexico, Mexico’s flag carrier, which was named the most On-Time ‘Global Airline’ in 2024 with a 86.7 per cent on-time rate. American giant Delta Air Lines secured third place with 83.46 per cent. Qatar Airways, with 82.83 per cent on-time arrivals and 82.56 per cent on-time departure, was placed fifth globally, one place behind LATAM Airlines at fourth.

  • Senior Saudi officials meet new Syrian counterparts in Riyadh

    Saudi Arabia’s Defense Minister Prince Khalid bin Salman and Foreign Minister Prince Faisal bin Farhan met their new Syrian counterparts during a trip to Riyadh. Syrian Foreign Minister Asaad Hassan al-Shibani met Prince Faisal at the Saudi Foreign Ministry before the pair joined a larger meeting with Prince Khalid. “We discussed developments in Syria and explored ways to support the transitional political process in achieving the Syrian people’s aspirations for security, stability, and unity,” Prince Khalid said after their meeting.

  • More young footballers interested in Middle East move ahead of Saudi Arabia World Cup

    Birmingham-born Brad Young now lives and plays football in Saudi. The 21-year-old left the Welsh first tier to join Saudi Pro League (SPL) side Al-Orobah in September and said the league is among the world's top five. "All the big players are starting to come here," Brad told Sky News. "The league is growing and obviously it's good for me to get that learning experience off the experienced players." "These players are all experienced and they know their stuff like when you make runs off the back of defenders, they block you, they've got that experience. "So, you have to regroup and learn how to play against them. You've got to think smart and think better."

  • Saudi Al Qadsiah sign Brazilian teenager Gabriel Carvalho

    Saudi Pro League's Al Qadsiah announced on Thursday the signing of 17-year-old Brazilian attacking midfielder Gabriel Carvalho from Internacional. Carvalho, the latest transfer into a lucrative league featuring the likes of Cristiano Ronaldo and Karim Benzema, is set to join his new team in the summer. “Gabriel Carvalho signed for Al Qadsiah. He will join in August during the summer transfer window,” the third-placed club said on the X social media platform.