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
-
Saudi Arabia’s Budget Deficit Shrinks a Whopping 60%
- November 1,2018
•
- SUSTG Team
Saudi Arabia reduced its budget deficit by 60 percent to SR49 billion ($13 billion) in the first nine months of the year, official figures published Wednesday show. The reduction — greater than anticipated in earlier budget forecasts — was the result of a significant growth in both oil and non-oil revenues, the Ministry of Finance […]
-
Saudi Crown Prince Promises Justice for ‘Heinous Crime’ of Khashoggi Murder, Touts Reform Progress
- October 25,2018
•
- SUSTG Team
Crown Prince Mohammed bin Salman took the stage yesterday at the Future Investment Initiative conference in Riyadh, making his first public comments since the murder of Saudi journalist Jamal Khashoggi in Istanbul grabbed the world’s attention. The Crown Prince did not shy away from the topic, and opened with addressing what he and the Saudi […]
-
Oil Down 11% in Two Weeks
- October 19,2018
•
- SUSTG Team
Despite sanctions against Iran and tensions between Riyadh and Washington over the disappearance of Saudi journalist Jamal Khashoggi, the price of oil has fallen 11% in two weeks on oversupply and other downward pressures, according to reports. U.S. crude has plunged 11 percent from peak to trough over the last two weeks, while Brent is […]
-
The Impact of Reforms on The Saudi Retail Experience – Report
- September 26,2018
•
- SUSTG Team
A report today in Reuters highlights the impact that Saudi Arabia’s Vision 2030 economic and social reforms are having on Saudi Arabia’s malls and bazaars – which are changing as retailers embrace a shift in shopping habits. “Designer clothes stores and high-end chocolate and flower shops are shutting and fast-fashion, fast-food, budget stores and cinemas […]
-
75% of Riyadh Metro Project Work Completed, Riyadh Emir Says
- September 18,2018
•
- SUSTG Team
Saudi Arabia’s ambitious and sprawling Riyadh metro project is 75% completed, Riyadh Emir Prince Faisal Bin Bandar said after chairing the Arriyadh Development Authority meeting on Monday. Prince Faisal, who is also the chairman of the board of directors of Arriyadh Development Authority and chairman of the supreme committee for supervision of the King Abdul […]
-
Ministry of Labor Inspectors ‘Find Many Shops Closed’ as Store Owners Deal With New Regulations
- September 12,2018
•
- SUSTG Team
Saudi Arabia’s plans to increase Saudi employment to 70 percent of jobs in stores in several sectors came into force on Tuesday, and inspectors from the Ministry of Labor reportedly found that “many such shops in Dammam and Al-Khobar downed their shutters to avoid penalties and ensure that when they open they are in line with the […]
-
PIF Selects Goldman Sachs, Bank of America Merrill Lynch and Michael Klein Selected to Advise on SABIC sale
- September 11,2018
•
- SUSTG Team
Saudi Arabia’s sovereign wealth fund has chosen Goldman Sachs, Bank of America Merrill Lynch and Michael Klein as advisers on its planned sale of a stake in petrochemicals firm SABIC to Saudi Aramco, sources familiar with the process told Reuters. Citigroup Inc has reportedly won the mandate to advise Saudi Basic Industries Corp (SABIC). Reuters previously […]
-
Kingdom of Saudi Arabia Contributes $100 Million for Syria’s Stabilization Efforts: Raqqa and Areas of Northeast Syria Liberated from ISIS
- August 17,2018
•
- SUSTG Team
Saudi Arabia has announced that it has contributed $100 million for Global Coalition to Defeat ISIS-supported stabilization projects in areas liberated from ISIS in northeast Syria, the largest Coalition contribution to date for these liberated areas. “This substantial contribution will play a critical role in the Coalition’s efforts to revitalize communities, such as Raqqa, that […]
-
Al Widyan is Saudi Arabia’s Next PIF-Backed ‘City Within a City’ Planned for Riyadh
- August 6,2018
•
- SUSTG Team
A new Public Investment Fund (PIF)-backed “city within a city” is being planned for North Riyadh, according to a report in the English-language daily Arab News. The development – called Al Widyan – will include residential, commercial, retail and leisure facilities on a 7 million square meter site to the north of the capital, and will […]
-
Saudi Arabia Forms New ‘Higher Committee for Hydrocarbon Affairs’ to Oversee Oil and Gas Sectors
- August 1,2018
•
- SUSTG Team
Saudi Arabia plans to form “a higher committee for hydrocarbons,” which will fall under the leadership of Crown Prince Mohammed bin Salman, according to the state-run Saudi Press Agency. The decision for the creation of a body to oversee the oil and gas sectors was approved in a cabinet meeting chaired by King Salman. “The […]
- 10 of 3131 results<< 1 … 147 148 149 150 151 … 314 >>
MUST-READS
-
Iran-Backed Groups in Lebanon and Iraq Seek Public Support Through Coronavirus Fight
Outbreaks in the two countries are small so far, at least according to official figures, and government health systems have so far managed to treat the sick. Many of the initial cases in Lebanon and Iraq, and much of the Mideast, trace back to travelers from Iran, the regional epicenter of the pandemic.
-
Netanyahu ‘confident’ U.S. will allow West Bank annexation in two months
Netanyahu, in announcing a deal with his centrist rival Benny Gantz last week to form a unity government, set July 1 for the start of cabinet discussions on extending Israeli sovereignty to Jewish settlements in the West Bank and annexing outright the area’s Jordan Valley.
-
Pompeo says annexation of West Bank is Israeli decision to make
Pompeo’s comment drew condemnation from Palestinian President Mahmoud Abbas, who said his administration would view agreements with Israel and the United States as “completely canceled” if Israel annexes land in the West Bank.
-
SAMA: Banks to Postpone Payment of Installments for Saudi Workers
The Saudi Arabian Monetary Authority (SAMA) has directed Saudi local banks to postpone three months installments of all financing products for Saudi workers registered in the support of unemployment insurance (SANED) without any additional costs or fees. The decision is effective as of April.
-
Lebanon is in a big mess. But on coronavirus, it’s doing something right.
Now, two months since that first case, Lebanon has reported just 677 coronavirus infections and 21 deaths. It is far behind (or ahead) of Norway, which is widely regarded as having done a good job of managing the spread of covid-19 and has a slightly smaller population — 5.3 million compared to Lebanon’s 6 million. Norway has over 7,000 cases and 182 deaths.
-
Turkey’s banks take the strain
COVID-19 has spread rapidly among Turkey’s 80m-strong population since it reported its first confirmed case on March 11 – reaching 86,306 cases and 2,017 associated deaths by April 20.
-
Commentary: Trump Can’t Save Oil Prices With Saudi Import Ban
Banning imports of crude oil from Saudi Arabia is just the sort of gesture that might appeal to President Donald Trump, who has vowed to protect jobs in the U.S. shale patch. But such a move wouldn’t do much to reverse the decline in prices that has seen the May contract for West Texas oil fall below zero.
-
Trump Eyes Saudi Oil Import Ban, SPR Fill as Prices Go Negative
“This is a great time to buy oil,” Trump said in a White House press conference Monday night. He said he wants either permission from Congress to purchase oil for the reserve or will allow companies to use its 75 million barrels of spare capacity to store crude.
-
Saudi banks get small part of $7bn bond sale amid liquidity concerns
Saudi Arabia received around $54 billion in combined orders for the bonds, a sign of strong investor appetite, but its borrowing costs have increased after a sell-off of Gulf bonds last month caused by lower crude prices and the coronavirus outbreak.
-
Pandemic raises fears over welfare of domestic workers in Lebanon
Calls by NGOs for increased protection of domestic workers in Lebanon during the coronavirus crisis have cast a spotlight on the predicament of migrant workers across the Middle East, many of whom are highly vulnerable to the pandemic and without support. In parts of the Levant, the Gulf states and Saudi Arabia, workers from south and south-east Asia account for a large proportion of labour forces. Closed airports, bonded labour, or other forms of unbreakable employment contracts, and little access to funds, have made it close to impossible for those who want to leave to do so.
- 10 of 2982 results<< 1 … 148 149 150 … 299 >>
