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 Market Opens Up, but Gradually
     

    Regulators of the Saudi stock exchange, Tadawul, the largest in the Arab world, are fine-tuning the draft of a law on Qualified Foreign Investors in the hope of attracting institutional fund managers to buy shares directly in the $400 billion market. The market, which is equal in size to the combined value of the stock […]

     
  • Opportunities in Water Production
     

    Saudi Arabia will increase by almost double its desalinated water production over the next three years according to the governor of the Saline Water Conversion Corporation (SWCC) who said the daily water production will rise from the current 3.3 million cubic meters to about 6 million. SWCC’s HR General Manager, Abdul Latif Al-Harkan, was a […]

     
  • Saudi Aramco Rethinks Global Communications Strategy
     

    Saudi Aramco, the world’s largest oil company, is rethinking its global communications strategy as it undertakes an ambitious corporate transformation. The company is understood to be actively seeking public relations agency support across a wide range of areas, including media relations, internal communications, and event management. The review covers Saudi Aramco’s operations in the Gulf, North […]

     
  • Top-10 ranking in sight for Tadawul
     

    Saudi Arabia’s stock exchange is expected to quickly rank among the world’s 10 most active markets if it opens up to international investors.

     
  • American Public Opposes Israel Striking Iran
     

    A new poll finds that only one in four Americans favors Israel conducting a military strike against Iran’s nuclear program. Seven in ten (69%) favor the US and other major powers continuing to pursue negotiations with Iran, a position that is supported by majorities of Republicans (58%), Democrats (79%) and Independents (67%).

     
  • SACM Career Fair and Graduation Ceremony Begins in Washington
     

    Saudi students from around the United States are descending on the U.S. capital for a graduation ceremony and career fair organized by the Saudi Arabian Cultural Mission (SACM) on May 26-27. SACM, in coordination with the Saudi Ministry of Higher Education, will host the SACM Career Fair and Graduation Ceremony this weekend at the Gaylord […]

     
  • Global Markets Drag on TASI
     

    The TASI has dipped over the past month, primarily due to global factors. First quarter results of listed companies point to ongoing strength in the domestic economy, with profits 14.9 percent higher than in the first quarter of 2011. Nonetheless, the TASI is down by 10 percent since the end of March, mirroring falls on […]

     
  • USTR: Saudi Continues to Protect Intellectual Property Rights
     

    The Office of the U.S. Trade Representative on Monday released the 2012 Special 301 Report reviewing the intellectual property protection policies of foreign nations.  Saudi Arabia is not named on the “Watch List” again this year and has not been since a successful Out-of-Cycle Review in 2009 to resolve IP issues in cooperation with the […]

     
  • How Gulf Countries Are Splurging at Home
     

    Asa Fitch, writing in the Wall Street Journal, details the extent to which oil dollars are fueling economic growth “at home” for GCC countries: Booming oil prices are flooding Arab countries with money, but where the lion’s share of that wealth would once have been pumped into the world’s financial markets, much of it is […]

     
  • Island in the Gulf – A Film of Juraid Island
     

    One of the great joys of living in Saudi Arabia has always been the natural environment itself – the dunes, the jebals and especially the Gulf with its beaches, reefs and islands. For those lucky enough to visit Juraid Island, fifteen miles offshore from Jubail, the experience has always been unforgettable. A pristine island shaped […]

     

MUST-READS

  • Saudi Arabia Achieves Remarkable 300% Surge In Installed Renewables Capacity

    In conjunction with COP28, the third edition of the Saudi Green Initiative (SGI) Forum showcased Saudi Arabia’s commitment to climate action and its strides towards achieving net zero by 2060. Launched in 2021 by Crown Prince Mohammed bin Salman, the SGI aims to unite the nation’s efforts in combating climate change and fostering sustainable innovation.

  • Saudi Arabia Cuts the Price of Its Flagship Crude for Asian Buyers

    On Tuesday, Saudi Arabia reduced the official selling price of its flagship Arab Light for Asian buyers in January. This is the first price reduction for the last seven months, Reuters noted in a report, but it is a modest one, at $0.50 per barrel. This is half what analysts expected as a price reduction, the report also said. "Saudi set the price too high. That could prompt some buyers to nominate less cargoes and turn to buy cheaper crude from other suppliers from the spot market," a refinery executive from Asia told Reuters.

  • Jon Rahm’s LIV defection would be the ultimate Saudi power play before pivotal PGA Tour talks

    It would be something seismic. Rahm would be the first European giant to go. He is the reigning Masters champion and among the four best players in the world. He is the Saudis’ top realistic target, given how vigorously Tiger Woods and Rory McIlroy have denigrated LIV and ruled themselves out of a move.

  • Saudi PIF allocates $3bn for investments in Iraq, says ambassador

    Saudi Arabia’s Public Investment Fund (PIF) has allocated $3 billion for investments in various sectors in Iraq, the country’s envoy in Baghdad said on Wednesday. Saudi Ambassador to Iraq Abdulaziz Al-Shammari's remarks to the Iraqi state media INA came on the sidelines of a signing ceremony of a partnership agreement in the industrial field.

  • Saudi Arabia meets expectations as powerhouses, and a lesser light, march on in AFC Champions League

    After all the hype -- and heightened expectations -- surrounding the Saudi Pro League for its mega-spending ways over the past 12 months, its clubs certainly did not disappoint when it came to the big stage. Not yet, at least. With the group stage of the 2023-24 AFC Champions League -- Asia's premier club competition -- done and dusted, Saudi Arabia's three giants in Al Hilal, Al Nassr and Al Ittihad all booked their places in the round of 16 with a game to spare.

  • Asia’s first Saudi Arabia ETF lists on Hong Kong stock exchange

    Asia’s first exchange traded fund investing solely in Saudi Arabia’s equities market has listed on the Hong Kong exchange attracting $1bn in initial investment, marking one of the territory’s largest ever debuts. The CSOP Saudi Arabia ETF was launched on the back of strong government support, after more than a year of high-level efforts by senior Hong Kong officials attempting to woo investment from the Middle East. The ETF invests in a portfolio correlated to the FTSE Saudi Arabia Index, which has a market capitalisation of more than $270bn and aims to align with the Saudi Vision 2030 project, Crown Prince Mohammed bin Salman’s road map for economic diversification and global engagement.

  • Front Row Takes MENA Distribution for Saudi Drama ‘Norah’

    Dubai-based distributor Front Row Filmed Entertainment has picked up Middle East and North Africa (MENA) region distribution rights to groundbreaking Saudi drama “Norah,” which world premiered in competition at the Red Sea Film Festival. Directed by pioneering Saudi director Tawfik Alzaidi, making his feature film debut, “Norah” is set in 1990s Saudi Arabia, when conservatism was at its height and all forms of art and painting were banned for religion-related reasons.

  • Saudi Filmmakers Form Trade Org to Hold Sway in Sector Regulations

    Saudi Arabia’s burgeoning filmmakers have formed a trade organisation called Film Association in an effort to hold sway in regulations being laid out for the country’s booming film industry. The Saudi Film Association, announced during the ongoing Red Sea Film Festival in Jeddah, comes five years after the government removed its 35-year-old religion-related ban on cinemas. Since then, Saudi Arabia has built studios, formed film commissions and launched tax incentives for production.

  • Edelman Hires Ex-Ogilvy Leader As Saudi Arabia General Manager

    Edelman has appointed former Ogilvy leader Elie Azzi as the new general manager of its business in the Kingdom of Saudi Arabia (KSA). Azzi (pictured, left) will join Edelman in January, replacing Kenana Dahlan, who has left the firm to become a government advisor in Saudi Arabia. In his time at Ogilvy, Azzi led the agency’s transformation of the communications and PR function in the kingdom, and has also held senior positions at Havas and Porter Novelli in the region. At the same time, Edelman KSA has appointed Sarah Alarrak (pictured, right) in the newly-created role of strategic communications advisor, with a remit that includes growing the agency’s client base in Saudi Arabia.

  • Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs

    Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing their regional headquarters in the kingdom, the latest move in its aggressive campaign to attract international investment and headcount. “The Ministry of Investment of Saudi Arabia, in coordination with the Ministry of Finance and the Zakat, Tax and Customs Authority today announced 30-year tax incentive package for The Regional Headquarters (RHQ) Program, to further streamline the process for multinational companies (MNCs) to establish their RHQ in Saudi Arabia,” the Saudi state press agency wrote in a statement Tuesday.