SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • UAE latest GCC state to offer Russia-Ukraine mediation

    Emirati President Sheikh Mohammed bin Zayed Al Nahyan (MbZ) has offered to mediate between Russia and Ukraine in a meeting with Russian President Vladimir Putin. Attempting to remain neutral between Moscow, Kyiv, and the latter’s western partners— particularly the United States—the United Arab Emirates (UAE) is joining other Gulf Arab states in offering to facilitate peace talks.

  • Saudi Arabia Plans Sukuk Sale, $15.5 Billion Bond Buyback

    The world’s biggest oil exporter priced a $2.5 billion sale of sukuk bonds maturing in six years and $2.5 billion in dollar notes due in 10 years, paying 105 basis points and 150 basis points over similarly dated US Treasuries, respectively, according to a person familiar with the matter who’s not authorized to speak publicly and asked not to be identified. It’s the kingdom’s first foray into international debt markets since November.

  • The UN Resolution Against Russia’s Ukraine Annexations: How Did the Middle East Vote?

    Most of the region supported the measure, with one nay vote, a pair of notable changes since the March resolution, and several strong statements in support of territorial integrity.

  • Saudi Arabia Plans Sukuk Sale, $15.5 Billion Bond Buyback

    Saudi Arabia sold bonds and Islamic securities, while offering to buy back some of its existing debt. The world’s biggest oil exporter priced a $2.5 billion sale of sukuk bonds maturing in six years and $2.5 billion in dollar notes due in 10 years, paying 105 basis points and 150 basis points over similarly dated US Treasuries, respectively, according to a person familiar with the matter who’s not authorized to speak publicly and asked not to be identified. It’s the kingdom’s first foray into international debt markets since November.

  • Russia’s drone strikes on Ukraine aren’t the sign of strength Putin thinks

    The Russian military unleashed Shahed-136 ‘kamikaze’ drones against civilian targets in Kyiv on Monday as part of its campaign to terrorize Ukraine’s population into submission. The drones can reportedly carry an 80-pound warhead up 1,500 miles and linger over a designated area before striking a target.

  • Earthquake strikes Saudi Arabia’s Tabuk

    An earthquake measuring 3.38 on the Richter scale struck Saudi Arabia’s Tabuk region on Sunday evening, the Saudi Press Agency (SPA) reported.

  • Saudi Arabia returns to debt markets with dollar sukuk and bonds

    The top oil exporter’s first bond sale since November comes amid turbulent markets and heightened tensions with Washington over an OPEC+ oil production cut, as Riyadh gears up to host its annual flagship investment conference next week. Initial price guidance for the new notes was around 135 basis points (bps) over U.S. Treasuries (UST) for six-year sukuk and around 180 bps over UST for 10-year conventional bonds, the bank document showed.

  • Saudi Arabia returns to debt markets with dollar sukuk and bonds

    The top oil exporter’s first bond sale since November comes amid turbulent markets and heightened tensions with Washington over an OPEC+ oil production cut, as Riyadh gears up to host its annual flagship investment conference next week. Initial price guidance for the new notes was around 135 basis points (bps) over U.S. Treasuries (UST) for six-year sukuk and around 180 bps over UST for 10-year conventional bonds, the bank document showed.

  • Saudi Crown Prince announces $400 million in humanitarian aid for Ukraine

    It followed a phone call between the Crown Prince and President Volodymyr Zelenskyy on Friday where the Crown Prince emphasized “the Kingdom's position of supporting everything that will contribute to de-escalation, and the Kingdom's readiness to continue the efforts of mediation,” SPA reported.

  • Ukrainians Support Fighting Until Victory

    More than six months into a war that many around the world (including Russia) thought Ukraine would lose quickly, most Ukrainians are resolved to keep fighting. A clear majority -- 70% of all Ukrainians interviewed in early September -- say their country should continue fighting until it wins the war with Russia. Just over one in four (26%) favor negotiating to end it as soon as possible.