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

  • A Saudi-Russia Thaw?
     

    Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman visited Russia today amid growing evidence of a thaw in Saudi-Russian relations. With the headline of “Saudi Arabia and Russia to cement ties,” the English language daily Arab News reports that Deputy Crown Prince Mohammed bin Salman “will seek to cement economic, cultural, political and trade relations […]

     
  • Fahad Nazer: ‘ISIS Will Fail in Saudi Arabia’
     

    After two bombings hit two soft targets in Saudi Arabia, the self-described Islamic State, or Daesh, has its sights set on Saudi Arabia, but the extremist group is unlikely to succeed in the Kingdom, writes Gulf expert Fahad Nazer. Nazer, a Saudi writer based in the United States whose contributions are featured on CNN, Washington […]

     
  • U.S. Chamber of Commerce, Saudi Committee for International Trade and SUSTG Host Shura Delegation in Washington
     

    Members of Saudi Arabia’s Shura Council visited Washington, D.C. last week for meetings.  The delegates represented the Saudi-U.S. Parliamentary Friendship Committee of the Majlis Al-Shura which makes regular visits to the United States in support of the U.S.-Saudi relationship. The Shura delegates and invited guests were hosted at the U.S. Chamber of Commerce for a […]

     
  • Video: CEO of Saudi Stock Exchange Adel Saleh Al-Ghamdi Speaks with CNBC as Saudi Bourse Opens
     

    Saudi Arabia’s $585 billion stock market – the largest in the region – opened to wider foreign investment today in Riyadh.  The CEO of Saudi Arabia’s Stock Exchange, Adel Saleh Al-Ghamdi gave an interview to CNBC on the opening of the market and the implications for the Kingdom of Saudi Arabia’s economy.  “The reason is not really […]

     
  • Video Released by King Abdulaziz Center for National Dialogue Asks Youth to Rethink Biases
     

    A powerful video campaign released by the King Abdulaziz Center for National Dialogue asks Saudi youth to rethink their biases. Joseph Braude at the Foreign Policy Research Institute shares the video with English subtitles, which has garnered 150,000 views in 48 hours and sparked a discussion in the kingdom about how to stem sectarian conflict. As Braude […]

     
  • Is it Crunch Time for Saudi Arabia’s Yemen Operation?
     

    In an in-depth analysis in Reuters, Angus McDowall writes that following Saudi Arabia and the GCC’s lack of success in significantly tipping the scales in Yemen with airstrikes, the limited options for Saudi Arabia’s leadership in the war-torn country come with high risks. With the possibility of a ground operation apparently ruled out, “Riyadh may soon […]

     
  • NCB: Saudi real GDP to grow 3.4 percent in 2015
     

    Saudi Arabia will face “a moderate business cycle during 2015 and 2016, growing around 3% in real terms,” Saudi Arabia’s National Commercial Bank (NCB) finds in a recently released study.  The study, entitled “Saudi Economic Perspectives 2015-2016” with the theme of “Tackling Challenges on Solid Ground,” finds less contribution from the oil sector and moderation in […]

     
  • Remittances from Gulf States Double in 5 Years to $100b
     

    Foreigners working in Arab Gulf states sent more than $100 billion in remittances to their home countries last year, according to the AFP/Saudi Gazette, a figure twice as high as 2010. The remittances are estimated at 6.2 percent of the combined GDP of the six GCC states of $1.6 trillion, the AFP reports, citing IMF […]

     
  • U.S. Chamber of Commerce, Saudi Committee for International Trade to Host Private Roundtable Luncheon with Visiting Shura Council Members in Washington
     

    This week, members of Saudi Arabia’s Shura Council will attend a private roundtable luncheon at the Washington Headquarters of the U.S. Chamber of Commerce as part of the delegation’s outreach to the U.S. business community. Organized by the U.S. Chamber of Commerce, the Committee for International Trade (CIT) of the Council of Saudi Chambers, and […]

     
  • Level of Turmoil in Middle East at ‘Highest Point in 50 years’, Gulf Expert Writes in Politico Magazine
     

    Gary Sick, a well-known and respected Gulf expert writes in an in-depth piece for Politico Magazine that the turmoil in the Middle East is at the highest point in 50 years, and that Saudi Arabia is dramatically increasing its efforts to slow the spread of Iranian influence across the region. Dr. Sick, a Columbia professor […]

     

MUST-READS

  • Saudi Arabia’s Largest PropTech Hackathon Set for Cityscape Global 2024

    ROSHN Group, Saudi Arabia’s premier real estate developer and a Public Investment Fund (PIF) company, has unveiled plans for Hackathon 24, the Kingdom’s largest property technology competition. Aimed at strengthening Saudi Arabia’s position as a leader in PropTech, the event will be a highlight at this year’s Cityscape Global in Riyadh from November 11th to 14th.

  • Is FIFA’s sponsorship deal with a Saudi-owned oil giant really ‘a middle finger’ to women’s soccer?

    It is easy to claim, as many have done, that this is purely an exercise in sportswashing. But that ignores that soccer is also helping to facilitate a fast-moving cultural shift in Saudi Arabia, and the region more broadly, while being careful not to attract the attention of some of the ultra-conservative religious leaders who remain committed to the region’s more traditional ways. One of the teams in the Saudi Women’s Premier League is the Eastern Flames. It was originally established in 2006 with players from the Aramco  community. Despite significant hurdles for women to play sport at all, the team survived and flourished and has been elevated into the professional league.

  • Saudi-UAE trade soars 25% to $30bn amid strengthened economic ties

    Saudi Arabia’s trade with the UAE has experienced a 25 percent increase, highlighting a significant boost in economic collaboration between the two nations. By the end of 2023, the trade volume reached SR113 billion ($30 billion), up from SR90 billion in 2019. During the third Saudi-Emirati Economic Forum held in Riyadh, Saudi Minister of Economy and Planning Faisal Al-Ibrahim announced that direct Emirati investments in Saudi Arabia have also grown, reaching SR111 billion by the end of 2023—a 15 percent increase compared to the previous year.

  • Saudi-UAE Economic Forum’s Third Edition Draws Over 400 Investors, Highlights Growth and Cooperation

    The Federation of Saudi Chambers hosted the third edition of the Saudi-UAE Economic Forum in Riyadh today, gathering more than 400 investors from both nations. The event was attended by Minister of Economy and Planning Faisal Alibrahim, Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef, and UAE Minister of Economy Abdullah bin Touq Al-Marri, along with other key officials and investors.

  • US consul general praises plan to link Iraq and GCC electricity grids at international forum

    In an interview with Arab News, James Sindle said the plan to link Iraq’s grid with that of the GCC “is a vital step toward greater regional interdependence.” “It will not only provide critical power to the Iraqi people but also pave the way for deeper economic cooperation in the years to come.” Sindle went on to say: “As President Biden emphasized during the April 2023 Major Economies Forum on Energy and Climate, addressing the climate crisis requires ambitious efforts, including reducing emissions and investing in multilateral solutions. The United States is proud to support these global efforts through contributions to the Green Climate Fund and other initiatives aimed at empowering developing countries to take climate action.”

  • Harris vs. Trump on the War and Crisis in the Middle East

    The Middle East Institute has tracked the positions of both main candidates during the past three months. This policy assessment examines the statements and positions staked out by Vice President Kamala Harris, the Democratic candidate for president, and former President Donald Trump, the Republican candidate, as well as their respective running mates, Tim Walz and J. D. Vance. The spotlight is on the past few weeks, with a stronger focus on two main issues that are likely to dominate the regional agenda of the next US administration: Iran and Israeli-Palestinian affairs.

  • Iran emphasizes ‘right to respond’ after Israeli attack

    Iranian officials have reserved the right to respond to Israel’s Oct. 26 aerial attack, but stopped short of explicitly vowing vengeance. This comes as Supreme Leader Ayatollah Ali Khamenei says the attack should neither be exaggerated nor downplayed. Meanwhile, the UN Security Council is set to convene for an emergency session at Iran’s request. Of further note, Arab states have widely condemned the attack—although Saudi Arabia and the United Arab Emirates (UAE) avoided naming Israel.

  • High expectations, new players expected to take part in Saudi Arabia’s FII

    “We see some new big players coming to FII for the first time, and these people are the tech guys. So, you see people from Google, Microsoft, and IBM who were not really present before because they thought that FII would be just a world of bankers and private equities. Now we see the tech companies coming, which is great for us,” Attias said.

  • Race Upgrades Announced Ahead of 2025 Saudi Cup Meeting

    The Sports Boulevard Riyadh Dirt Sprint and Longines Red Sea Turf Handicap will be run as Group 2 contests for the first time in 2025, it was announced by the Jockey Club of Saudi Arabia (JCSA) on Sunday. Both races take place during the Saudi Cup meeting, which is scheduled for Saturday, February 22 as part of the 2024/25 Riyadh season.

  • Saudi Arabia opens NEOM’s luxury island Sindalah

    Saudi Arabia’s futuristic mega-city NEOM announced on Sunday the opening of Sindalah, a luxury Red Sea island featuring restaurants, hotels and yachting berths. NEOM described Sindalah as its “first physical showcase” that “will serve as NEOM’s gateway to the Red Sea, providing easy access for European, Saudi, and GCC yacht owners.” Sindalah is “spread over 840,000 square meters” (200 acres) and will be set to receive “up to 2,400 guests per day by 2028,” the statement said.