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 Takes Significant Step Toward Formal Tender for Peaceful Nuclear Power Plants
Saudi Arabia has sent a request for information (RFI) to international suppliers to build two nuclear power plants, a first step towards a formal tender, three sources told Reuters. Saudi Arabia has announced plans to extract uranium domestically as part of its nuclear power program and will start building its first nuclear reactors next year. Extracting […]
-
Crown Prince Mohammed bin Salman Makes Rare Public Speaking Appearance at Conference in Riyadh, Announces New Megacity
Saudi Arabia’s Crown Prince Mohammed bin Salman made a rare public speaking appearance today at the Future Investment Initiative conference, organized by Saudi Arabia’s Public Investment Fund (PIF). The Forum in Riyadh, with attendance by chief executives of BlackRock Inc. and Blackstone Group LP and leaders from Goldman Sachs Group Inc. and J.P. Morgan Chase […]
-
Keeping Track of Saudi Arabia’s Public Investment Fund’s Expanding Footprint
Saudi Arabia’s Public Investment Fund (PIF) has created a handful of new companies in several sectors in the Kingdom while investing in many others, injecting capital and a new competitor in the housing, energy, waste and recycling, tourism, transportation sectors and more. As the PIF’s role in the Saudi economy increases, critics say the mega-fund will crowd out private […]
-
Goldman Sachs Head Lloyd Blankfein Visits Saudi Arabia, Calls Changes in Kingdom ‘Striking’
Goldman Sachs Group’s CEO visited Saudi Arabia this week and praised the Kingdom’s reform efforts on Twitter, calling the progress in Saudi Arabia “striking.” Lloyd Blankfein visited Saudi Arabia after speaking on a panel with the managing director of Saudi Arabia’s sovereign wealth fund, Yassir Al-Rummayan, on September 20th. In comments on that panel, Blankfein said Saudi […]
-
With Historic Decree on Saudi Women Driving, An Economic and Social Game-Changer
Saudi women and champions of equal rights around the world embraced a decision by Saudi Arabia’s King Salman to allow women to drive for the first time, a landmark royal decree that will change the Kingdom’s economy and society in countless ways. Saudi Women will now be able to legally apply for their own driving licenses without having to secure […]
-
‘NTP 2.0’ Keeps Key Policies and Privatization Plans in Place, Report Says
Revision to Saudi Arabia’s National Transformation Plan (NTP), dubbed ‘NTP 2.0’ that was released a year ago will keep key policies of fiscal reforms and a massive privatization program in place, sources familiar with the matter told Reuters. “It is looking increasingly unlikely that some of the targets can be hit by their 2020 deadline, however, partly […]
-
Eid Mubarak from the SUSTG Team
This week marks the start of Eid al-Adha, the greater of the two Eid celebrations and one of the holiest occasions in the Islamic calendar. The SUSTG team wishes our readers and Muslims around the world a happy and blessed Eid season!
-
With Hajj Beginning on Wednesday, Saudi Arabia Welcomes Millions from 178 Countries
Saudi Arabia is making final preparations and welcoming millions of pilgrims into its borders for the annual Hajj pilgrimage, which begins Wednesday and lasts until September 4. 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 over […]
-
Looking East, Saudi Arabia Plans $20b Investment Fund with China, Al-Falih Says
Saudi Energy Minister Khalid al-Falih said that the Kingdom and China plan to establish and operate jointly a $20 billion investment fund, sharing costs and profits on a 50:50 basis, according to a Reuters report based on comments from the minister. H.E. Al-Falih, who is Saudi Arabia’s Minister of Energy, Industry, and Mineral Resources, was […]
-
Kushner Flies to Jeddah, Saudi Arabia to Meet with Crown Prince Mohammed bin Salman
Senior advisor to President Trump Jared Kushner was in Jeddah on Tuesday as part of a US delegation that met with Saudi Arabia’s Crown Prince Mohammed bin Salman. According to reports, the US delegation also included Jason Greenblatt, special presidential representative for international negotiations, and Dina Powell, deputy national security advisor for strategy. The delegation […]
- 10 of 2914 results<< 1 … 172 173 174 175 176 … 292 >>
MUST-READS
-
Saudi defense minister discusses regional developments during call with US counterpart
Saudi Arabia’s Defense Minister Prince Khalid bin Salman discussed recent regional and international developments with his US counterpart during a phone call on Monday. Prince Khalid and Lloyd Austin reviewed Saudi-US relations and ways to bolster defense cooperation between the two countries. The officials also spoke about the need to de-escalate tensions in the region to achieve security and stability, Prince Khalid said
-
Saudi more than doubles 2030 foreign tourism target: minister
"We have reached 100 million tourists this year, 77 million from home, 27 million from abroad, over 100 million," Tourism Minister Ahmed Al Khateeb said at a conference organised by Saudi Arabia's sovereign wealth fund, describing the 2023 figures. Authorities now hope to hit 150 million tourists by 2030, up from an earlier goal of 100 million, with 70 million of those coming from abroad, up from an earlier goal of 30 million, he said. Read more: https://www.al-monitor.com/originals/2024/02/saudi-more-doubles-2030-foreign-tourism-target-minister#ixzz8QyFBJdm4
-
Saudi foreign minister, GCC chief discuss Gulf initiatives
Saudi Foreign Minister Prince Faisal bin Farhan met the Gulf Cooperation Council’s Secretary-General Jassem Mohamed Albudaiwi on Monday, the Saudi Press Agency reported. Discussions focused on collective Gulf initiatives and provided updates on regional and international developments, highlighting the ongoing efforts in these areas. The meeting was also attended by Dr. Abdulrahman Al-Rassi, undersecretary of the Ministry of Foreign Affairs for Multilateral International Affairs.
-
Saudi Arabia Signals a Shift in Oil Strategy
Saudi Arabia's dilemma is faced by many oil exporters who may want to consider whether setting oil production to full throttle might cause a decline in production flows much sooner than anticipated due to depletion. These exporters in many cases also have growing populations that will demand a greater share of oil crimping exports. This has already caused exports to decline, sometimes rapidly, in a number of oil producing nations. Dallas petroleum geologist Jeffrey Brown outlined this problem long ago in his Export Land Model which has been confirmed over time.
-
Secretary Blinken’s Meeting with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud in Riyadh
Secretary of State Antony J. Blinken met today with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman Al Saud in Riyadh. The Secretary underscored the importance of addressing humanitarian needs in Gaza and preventing further spread of the conflict. The Secretary and Crown Prince continued discussions on regional coordination to achieve an enduring end to the crisis in Gaza that provides lasting peace and security for Israelis and Palestinians alike. They discussed the importance of building a more integrated and prosperous region and reaffirmed the strategic partnership between the United States and Saudi Arabia. The Secretary and Crown Prince also discussed the urgent need to reduce regional tensions, including a cessation of Houthi attacks undermining both freedom of navigation in the Red Sea and progress on the Yemen peace process.
-
McDonald’s says Middle East turmoil is hurting its business
The burger chain, reporting growing overall sales and earnings for fourth quarter, noted that the overseas tensions were weighing on the region’s sales, and the company is monitoring the evolving situation. The Middle East doesn’t make up a huge part of its overall business. McDonald’s for the most part licenses its brand to independent companies in the region, and McDonald’s said it provided some financial assistance in the form of royalty relief or deferred cash collection.
-
Many Israelis Want Netanyahu Out. But There Is No Simple Path to Do It.
Prime Minister Benjamin Netanyahu of Israel is on his last legs, it is widely believed, and will be forced to relinquish his post once the war against Hamas in Gaza ends. He is historically unpopular in the opinion polls and blamed for the governmental and security failures that led to the Oct. 7 attack by Hamas, the killings of an estimated 1,200 Israelis and the difficult war that has followed. He faces a long-running trial on a variety of corruption charges.
-
Saudi Arabia’s NEOM opens New York office
Saudi Arabia’s NEOM has opened its first US office in New York City, which will serve as a base for its business across the US. The announcement comes months after it launched its London office in November to serve as a base for its UK and European business. Nadhmi Al-Nasr, CEO of NEOM, stated the New York office will work towards exploring ‘new partnerships and sources of investment from the US’, a release stated.
-
AlUla Arts Festival turns Saudi Arabia’s ancient city into open-air, living museum
The AlUla Arts Festival will transform Saudi Arabia’s ancient city into a place of creative inspiration and cultural exchange, turning it into an open-air living museum, AlUla Moments announced. Running from February 9 to 24, the multi-form arts festival returns for the third time with a program that features flagship events, immersive exhibitions, and creative initiatives for a city-wide celebration of all things art.
-
Alstom Wins $540M Contract for Saudi Battery-Power Tramway
Alstom has won a $540 million contract to construct the world's longest battery-powered tramway in Saudi Arabia. The catenary-free, 22.4-km project will feature 20 Citadis B battery trams manufactured by the French rolling stock manufacturer, and 17 new stations. Alstom’s contract includes designing a comprehensive system for the tram project as well as integrating, installing, testing and commissioning its battery-powered system. The firm will deliver power supply, signaling, communication and depot equipment as well as providing full tram maintenance for at least 10 years.
- 10 of 57756 results<< 1 … 173 174 175 … 5,776 >>