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
-
State Department Approves $200m Services Contract Request from Saudi Arabia which will ‘Increase U.S. – Saudi Arabia Military Interoperability’
The State Department has approved a request for continued support services to Saudi Arabia at an estimated cost of $200 million. According to a release from the Defense Security Cooperation Agency (DSCA), the sale “will enhance the foreign policy and national security objectives of the United States by helping to improve the security of an […]
-
Saudi Arabia’s War in Yemen Could Put Pressure on Future European Arms Deals
On February 25th, European Union lawmakers are gearing up for a vote on whether to call for an embargo on weapons sales to Saudi Arabia, according to a report in the Canada-based Globe and Mail. Concern in Europe is mounting over Saudi Arabia’s war in Yemen, and the use of European military equipment sold to […]
-
Popular King Abdullah Scholarship Program Reported to have New Restrictions along with Reduced Budget
Saudi Arabia’s King Abdullah Scholarship Program (KASP) has reportedly been narrowed to include only top universities and programs, months after the program was expanded to include all students and their families. Founded in 2005 and one of the late King Abdullah’s legacy programs, the scholarship fund covers full tuition, medical insurance, a monthly stipend for living expenses, and […]
-
Little Upside in Latest Jadwa Saudi Chartbook
Riyadh-based Jadwa Investment’s latest monthly chartbook overviewing the Saudi economy contains mostly negative economic data on consumer spending, activity, government accounts, and inflation. Economic data for the month of December 2015 indicates a slowdown in activity, and data on consumer spending continued to point to a softening trend, while PMI fell to a record low, […]
-
With affordable housing in short supply, new JV set to provide mortgage loans to low and middle-income Saudis
A new joint venture between Saudi Arabia’s Ministry of Finance (MoF) and the Islamic Corporation for the Development of the Private Sector (ICD) has received approval to provide loans to low and middle-income Saudis, in what could be a much-needed boost for access to mortgages in the Kingdom. Bidayaa Home Finance was launched to provide […]
-
U.S. Chamber of Commerce and Council of Saudi Chambers Kick-off U.S.-Saudi Arabia CEO Summit
On January 24, 2016 at the Council of Saudi Chambers of Commerce building the U.S.-Saudi CEO Summit kicks off a focused, high-level private-sector initiative to assess the U.S.-Saudi commercial and business environment in order to enhance bi-lateral trade, investment and cooperation. The Saudi-US Trade Group team is in Riyadh to participate in the inaugural U.S.-Saudi […]
-
FM Al-Jubeir: Most Effective Way to Solve Regional Crises ‘Through our close partnership and alliance with the United States of America’
U.S. Secretary of State John Kerry on Thursday stood by ally Saudi Arabia in its widening rift with Iran over the execution of a Shiite cleric while urging the regional rivals to pursue a diplomatic solution, the Associated Press reports. Kerry said Washington stands by its friends, “but we also want to see diplomacy work. […]
-
Saudi Aramco Considers IPO, but Scope of Listing Unknown
As Saudi Arabia appears to actively consider a potential IPO for its state-owned oil company, Saudi Aramco, two conflicting reports emerged today about the potential scope of the offering. On Thursday of last week, Saudi Arabia’s deputy crown prince Mohammed bin Salman told the Economist in an interview that he was optimistic about the potential […]
-
Saudi Stocks Hit 4-Year Low as Global Markets Shudder at China’s Second Halt in Trading This Week
Saudi Arabia’s stock market has continued a tumultuous start to the new year, with the Kingdom’s benchmark index falling another 4.8 percent on Thursday to a four-year low. According to the Financial Times, the drop this year has totaled 10.6 percent, and leaves it 44 per cent weaker than its post financial crisis peak in 2014. The TASI […]
-
Video Released Shows Timelapse Construction on Riyadh’s Metro Project
A recently released video by the leading construction partners on Riyadh’s metro project highlighted the progress made on the mega-project that will change the way the city’s residents get around. In October, the Riyadh metro project hit a major milestone as a consortium led by Spanish construction giant FCC said it has completed the drilling […]
- 10 of 2918 results<< 1 … 184 185 186 187 188 … 292 >>
MUST-READS
-
Blinken returns to Mideast in push for hostage deal and postwar plan for Gaza, but obstacles loom
U.S. Secretary of State Antony Blinken met with Saudi Arabia’s crown prince Monday at the start of his fifth visit to the Middle East since the outbreak of the war in Gaza, hoping to press ahead with a potential cease-fire deal and postwar planning while tamping down regional tensions. But on all three fronts he faces major challenges: Hamas and Israel are publicly at odds over key elements of a potential truce. Israel has dismissed the United States’ calls for a path to a Palestinian state, and Iran’s militant allies in the region have shown little sign of being deterred by U.S. strikes.
-
Fitch Affirms Saudi Arabia at ‘A+’; Outlook Stable
Saudi Arabia's ratings reflect its strong fiscal and external balance sheets, with government debt/GDP and sovereign net foreign assets (SNFA) considerably stronger than both the 'A' and 'AA' medians, and significant fiscal buffers in the form of deposits and other public sector assets. Oil dependence, low World Bank governance indicators and vulnerability to geopolitical shocks remain relative weaknesses. Nonetheless, governance is improving with social and economic reforms and efforts to bolster effectiveness across government institutions.
-
Lockheed Martin strikes subcontractor deals in Saudi Arabia for local THAAD parts production
"There are currently only two production lines for these products: the original production line in the US, and now an additional source of supply here in the Kingdom," Lockheed Martin's vice president and general manager of Integrated Air and Missile Defense, Jason Reynolds told Breaking Defense.
-
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.
- 10 of 57879 results<< 1 … 185 186 187 … 5,788 >>