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

MUST-READS

  • Saudi Arabia bans Lebanese produce over drug smuggling

    audi Arabia announced on Friday a ban on imports of fruits and vegetables from Lebanon, blaming an increase in drug smuggling, in a measure that will add to Lebanon’s economic woes.

  • Saudi travel ban to remain on 20 countries when flights resume May 17

    The banned countries, named by the Ministry of Interior, are: Argentina, the UAE, Germany, the US, Indonesia, Ireland, Italy, Pakistan, Brazil, Portugal, the UK, Turkey, South Africa, Sweden, Switzerland, France, Lebanon, Egypt, India and Japan.

  • Saudi Arabia bans Lebanese produce over drug smuggling

    Saudi Arabia said on Friday it was banning fruits and vegetables originating from Lebanon from entering or transiting through the kingdom due to an incrase in drug smuggling, Saudi state media said.

  • Saudi Tourism Fund Enlists Local Bank for $346.7 Million Project

    Saudi Arabia’s Tourism Development Fund will help finance a 1.3 billion-riyal ($346.7 million) project in the holy city of Medina together with Riyad Bank, as the kingdom steps up fundraising for a key part of Crown Prince Mohammed bin Salman’s program to diversify the economy. The 15 billion-riyal TDF signed an agreement with Medina-based Knowledge Economic City Co. and Public Investment Fund-backed Riyad Bank to finance a hub it called “the biggest of its kind.” TDF and Riyad Bank will each provide 391 million riyals in funding, according to a statement Thursday.

  • Lebanon PM calls on Qatar to rescue nation facing ‘total collapse’

    "Lebanon has reached the brink of total collapse, as a result of decades of corruption and policies that have encouraged a rentier economy at the expense of a productive economy," Diab told local media. "We knock on (Qatar's) door just as we will knock on the doors of other sister Arab countries and wait for it to open its doors for us, as did sister Qatar."

  • Saudi Tadawul Group narrows banks for IPO process – sources

    Saudi Tadawul Group has short-listed three local and three foreign banks for potential advisory roles in the financial market company’s upcoming initial public offering (IPO), three sources said. Citigroup, JPMorgan and Morgan Stanley were chosen, along with the securities unit of Saudi National Bank, Saudi Fransi Capital and HSBC Saudi Arabia, the sources said.

  • Saudi Arabia’s Al Rajhi Bank’s first quarter profit surges 40% on stronger economic recovery

    Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 40 per cent increase in first-quarter net profit on the back of lower impairment charges and higher net income from special commissions, financing and investments as the Arab world’s biggest economy recovers from the coronavirus pandemic.

  • Turkey postpones Afghanistan peace summit over Taliban no-show

    “We thought that it would be beneficial to postpone it … We consulted Qatar, the United States and the United Nations and decided to hold it after Ramadan and Eid festivities,” Turkish Foreign Minister Mevlut Cavusoglu told the Haberturk news channel on Tuesday.

  • ‘No food in the fridge’: A gruelling Ramadan in Lebanon

    For the past decade, Sawa For Development and Aid has been delivering evening iftar meals for about 4,000 families breaking the daily fast during Ramadan in Lebanon’s eastern Bekaa Valley. But this year the NGO’s busy kitchen has had to work non-stop, cooking for at least 7,000 Syrian refugee and Lebanese families.

  • Kuwait Asks Banks to Employ Citizens in Top Leadership Positions

    Kuwaiti nationals should comprise at least 70% of the banking sector’s upper and middle-level managements, the regulator said Wednesday. Banks will have until the end of 2023 to implement the changes.