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
-
Deputy Crown Prince Mohammed bin Salman Departs for United States, Set to Meet with Donald Trump
Deputy Crown Prince Mohammed bin Salman is set to visit Washington, D.C. this week and will meet with President Trump. The Saudi Royal Court, in a statement carried by the official Saudi Press Agency, said that Prince Mohammed will meet with the President and a number of US officials to discuss “the strengthening of bilateral relations […]
-
Saudi Arabia’s Fiscal Balance Program (FBP) 2020: The Kingdom’s Path to Fiscal Sustainability
Fiscal reforms already underway in Saudi Arabia could save the Kingdom as much as SR362 billion ($97 billion) annually by 2020, leading to a surplus of SR162 billion ($43 billion) annually, according to a recent analysis by Jadwa Investment. That amount is a significant increase as compared to if nothing was done to address Saudi Arabia’s fiscal […]
-
Saudi Arabia Gains ‘Upper Hand’ in Competition for Asia Energy Demand with Massive $7b Aramco-Petronas Deal
Oil giant Saudi Aramco signed a $7 billion deal Tuesday to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia and give the Kingdom an “upper hand” in the supply competition for Asia’s energy demand, according to reports. Saudi […]
-
Saudi Arabia Makes Diplomatic Push to Warm Ties with Iraq
Saudi Arabia’s Foreign Minister Adel Al-Jubeir made a surprise trip to Iraq on Saturday, the first trip there by a Saudi foreign minister since 1990. While in Baghdad, Al-Jubeir met with Iraqi Prime Minister Haider Al-Abadi and his counterpart, Ibrahim Al-Jaafari. Al-Jubeir said that Saudi Arabia plans to appoint a new ambassador and resume direct flights […]
-
Petrochemicals Sector in Saudi Arabia Remains Vital for Vision 2030 Aims
The Petrochemicals sector in Saudi Arabia makes up 60% of the Kingdom’s non-oil exports and remains vital to the Kingdom’s Vision 2030 aims, according to a recent study on the sector released by Jadwa Investment. The sector’s prominence in the non-oil economy means it has been identified by both the National Transformation Program (NTP) 2020 and […]
-
“Ken of Arabia” Lands Moelis and Co. as Lead Advisor for Saudi Aramco IPO
Saudi Aramco has chosen New York-based boutique investment bank Moelis & Co as an adviser on its plans for what is expected to be the world’s biggest initial public share offer, Reuters reports. Moelis & Co secured the role of lead independent adviser. The selection is set to move the small newcomer, and its CEO, […]
-
Raw Video Emerges of Houthi Attack on Saudi Frigate as U.S. Sends Destroyer to Red Sea
Raw video has emerged online of a Houthi attack on a Saudi frigate that damaged the ship and drew the condemnation of Saudi Arabia and its allies. Suicide boats belonging to the Houthi militias from Yemen struck the Saudi frigate off Hodeida port in the Red Sea. Two crew members were killed and three were […]
-
Saudi Restarts Renewable Energy Investment Plans with up to $50b in Solar, Wind by 2023
Saudi Arabia appears to be re-starting its efforts to expand renewable energy projects to meet growing domestic power needs with up to $50b invested through 2023, according to reports and comments by the Kingdom’s energy and industry minister Khalid al-Falih. The projects, part of the National Renewable Energy Plan (NREP) will be managed under a […]
-
Jeddah Cell Connected to ISIS Busted after Two Saudis Blow Themselves Up During Raid
Saudi Arabia has busted a large terror cell after two Saudis blew themselves up during a gun battle in Jeddah, the Kingdom’s second-largest city. In addition to the two dead, 16 suspected terrorists have been arrested, including three Saudis and 13 Pakistani nationals, according to the Saudi Gazette. The Kingdom has also named the two […]
-
Saudi Arabia May Cancel $20b in Projects to Cut Costs, Hires PwC
Saudi Arabia is reportedly working with accounting and consulting firm PricewaterhouseCoopers (PwC) on plans to cancel up to $20 billion of projects as the Kingdom continues to seek ways to cut costs as part of economic reforms, Bloomberg reports. The Ministry of Economy and Planning has appointed PwC to review $69 billion of government contracts and aims […]
- 10 of 2919 results<< 1 … 176 177 178 179 180 … 292 >>
MUST-READS
-
The Race to Make This Dying U.S. Lake the ‘Saudi Arabia of Lithium’
California’s toxic Salton Sea has enough lithium to make the U.S. self-sufficient in the mineral, which is a key component of rechargeable batteries. WSJ explores the tech being developed to extract it—and what it means for the future of domestic production
-
Exploring the unseen: Desert X AlUla uncovers beauty of Saudi Arabia’s desert canvas
Contemporary art finds a gallery amid the dunes of Saudi Arabia’s ancient city as Desert X AlUla returns to the Kingdom for its third edition on Friday. Running until March 23, the event will feature 15 commissioned artworks exhibited under the curatorial vision of Maya El Khalil and Marcello Dantas, with artistic direction from Raneem Farsi and Neville Wakefield.
-
Biden says Gaza fighting ‘over the top,’ pushing for a pause
U.S. President Joe Biden on Thursday suggested that Israel's military response in Gaza has been "over the top" and said he is seeking a "sustained pause in the fighting" to help ailing Palestinian civilians. "I'm of the view, as you know, that the conduct of the response in the Gaza Strip has been over the top," Biden told reporters at the White House. He added that he has been pushing for a deal to normalize Saudi Arabia-Israel relations, increased humanitarian aid for Palestinian civilians and a temporary pause in fighting to allow the release of hostages taken by Hamas. "I'm pushing very hard now to deal with this hostage ceasefire," Biden said. "There are a lot of innocent people who are starving, a lot of innocent people who are in trouble and dying, and it's gotta stop."
-
Houthi negotiator says Red Sea attacks won’t deter Yemeni peace, praises Saudi ‘brothers’
Mohammed Abdulsalam, chief negotiator and spokesperson of the Houthis, says that the recent meeting of the Sanaa delegation with Saudi Arabia officials has “resulted in overcoming the most important obstacles facing the roadmap” to peace. These solutions were in line with those championed by the UN envoy to Yemen, Hans Grundberg, said Abdulsalam in a wide-ranging interview with Asharq Al-Awsat on Thursday. Abdulsalam had previously called Saudi Arabia officials his “brothers” in a statement to Asharq Al-Awsat in January. He did so again on Thursday, and answered questions about peace initiatives, attacks in the Red Sea and regional and international relations.
-
The Undertaker Attends Soccer Game In Saudi Arabia, Presents Riyadh Season Cup Trophy
One WWE Hall of Famer who will definitely not be participating in this evening’s WrestleMania 40 Kickoff press conference is The Undertaker. The Deadman made a surprise appearance in Saudi Arabia earlier today at the soccer game between Al-Hilal and Al-Nassr. The Undertaker presented the winners of the game with the Riyadh Season Cup Trophy. Al-Hilal won the game 2 to 0.
-
NPR: Why Saudi Arabia is building a new city in the desert
For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. Its ability to influence global oil supply propelled Saudi Arabia to one of the richest countries in the world. The Saudi royal family became important players on the world stage. However, waning dominance in the oil market is forcing the Saudi government to think differently about its reliance on the commodity. Today on the show, we explain Saudi Arabia's fantastical vision for its future and how the government is using its present influence in the oil market to fund it.
-
Opinion: Unless Biden exerts real pressure on Israel, Saudi Arabia will not normalize relations
The Biden administration has for some time sought to dangle the prospect of Saudi recognition of Israel as part of an Israeli-Hamas cease-fire agreement that would also involve the terrorists’ freeing of Israeli hostages. It has been widely assumed that if Riyadh recognizes the Jewish State, it would do so under the umbrella of the Abraham Accords. For its part, the White House has made no attempt to dispel that assumption. Indeed, the administration initially appointed Daniel Shapiro, a former ambassador to Israel, as special envoy for the accords (he has since taken the slightly lower-ranking position as Deputy Assistant Secretary of Defense for the Middle East).
-
India Relaxed About OPEC+ Cutting Oil Output, Minister Says
India’s oil minister said the country isn’t concerned about OPEC+’s output cuts and Saudi Arabia’s recent decision not to expand production capacity. “There is enough oil in the world and new suppliers are coming in,” Hardeep Singh Puri said on the sidelines of India Energy Week in Goa. “You decide, you want to sell it or you want to keep it in the ground.”
-
Photos: US bolsters regional partnerships at Saudi World Defense Show
U.S. Air Force personnel assigned to the Air Forces Central Band pose for a photo during the Saudi World Defense Show at an undisclosed location in the Central Command area of responsibility, Feb. 4, 2024. U.S. military participation in the Saudi World Defense Show allows foreign military and civilian decision-makers an opportunity to evaluate and compare U.S. Air Force aircraft in a non-operational and threat-free environment.
-
Saudi Arabia poised for new Aramco share sale -sources
Saudi Arabia is poised to sell more shares of energy giant Aramco, three people familiar with the matter said, which could boost the country's funding and its aim to wean the economy away from oil. The government has lined up Citigroup, Goldman Sachs and HSBC for the sale, one of the people said, which could take place in the second or third quarter of this year, a second person said. The share sale could raise about $20 billion, according to Bloomberg, which first reported the news. The preparations are ongoing and the details could change, the people said. The government's communication office did not have an immediate comment. Aramco declined to comment.
- 10 of 57887 results<< 1 … 177 178 179 … 5,789 >>