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

  • Saudis Increasing Riyadh Water Supply
     

    With the bulk of Saudi Arabia’s drinking water coming from desalination plants, the country’s sky-rocketing population growth puts enormous demand on water supply. Arab News reports that a new desalination plant in the Eastern Province is gearing up to go online. When it is producing, it will nearly double the amount of water flowing into […]

     
  • Internet in the Middle East Still Short of Its Potential
     

    Last week’s third ArabNet conference for digital entrepreneurs in the MENA region was, by the standard of these things, a modest affair. But nonetheless it showed how the regional digital economy has grown, and how it is poised to take off. As one commentator said: “Jordan for the talent, Lebanon for the creativity, Egypt for […]

     
  • Saudi to maintain oil supply if U.S. draws stocks
     

    Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said. U.S. Secretary of State Hillary Clinton on Saturday in Riyadh sought an assurance from Saudi King Abdullah that the kingdom […]

     
  • Hillary Clinton: Time running out for diplomacy with Iran
     

    U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April. With speculation over a possible U.S. or Israel military attack adding urgency to the next round of discussions […]

     
  • Water Brings Green to Saudi Arabia
     

    Over the last two-and-a-half decades, a series of NASA’s Landsat satellites have captured these pictures of the growing agriculture industry in the northern reaches of the Syrian Desert in Saudi Arabia, not far from Jordan. Farmers use a technique called center-pivot irrigation to bring up water from below the desert floor to grow wheat and […]

     
  • U.S. Might Have More Oil Than Saudi Arabia, But…
     

    People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to be produced if bureaucrats will simply stop blocking development. In fact, in a recent debate between Republican candidates contending for Gabrielle Giffords’ recently vacated House seat, one candidate […]

     
  • Five short stories from World Energy Outlook
     

    The IEA’s World Energy Outlook (WEO) is an annual tradition, the result of much work, data analysis and presentation. A formative volume is produced for all to read and digest, but few of us have the time to do so in the detail required.  As such we rely to some extent on IEA presentations and summary documents. […]

     
  • Saudi Arabia will act to lower soaring oil prices
     

    In an op-ed in the Financial Times, Ali Al Naimi writes, “High international oil prices are bad news. Bad for Europe, bad for the US, bad for emerging economies and bad for the world’s poorest nations. A period of prolonged high prices is bad for all oil producing nations, including Saudi Arabia, and they are […]

     
  • “Out in the Blue” Part 9 of Video Series “Distant Arabia”
     

    In this clip excerpted with permission from the documentary The Prize: The Epic Quest for Oil, Money and Power based on the book of the same name by Daniel Yergin, the story of Tom Barger’s first journey to Saudi Arabia is related through his movies and letters. The complete story is told in Barger’s book […]

     
  • GE wins $200mn power plant conversion contract in Saudi Arabia
     

    GE said it has received a contract for nearly $200 million to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Co.’s (SEC) PP10 power plant from simple to combined-cycle operation. The project will add 1,300 MW to the plant’s capacity. “The conversion to combined-cycle operation is […]

     

MUST-READS

  • India, Saudi Arabia sign Bilateral Haj Agreement 2024

    Saudi Arabia’s Minister of Hajj and Umrah Dr. Tawfiq bin Fawzan signed the Bilateral Haj Agreement 2024 with Minister of Minority Affairs Smriti Irani and Minister of State for External Affairs V Muraleedharan in Jeddah. Joint Secretary Nirupama Kotru, who accompanied Smriti Irani, was instrumental in enabling the agreement’s signature and reaffirming the two countries’ commitment to a robust bilateral relationship.

  • Transformation in Saudi Arabia’s Healthcare Sector

    Saudi Arabia has a well-established healthcare system, consisting of primary, secondary, and tertiary facilities. Multi-specialty hospitals provide the full range of specialised healthcare services, including transplant services and cancer treatment. The government has previously been the main provider of healthcare services, however private investment and provision is now increasing rapidly. While the public sector provides healthcare for Saudi Nationals, private healthcare insurance is now compulsory for expatriates and Saudi nationals working within the private sector. The Ministry of Health (MOH) regulates healthcare throughout the Kingdom.

  • Saudi Arabia’s FDI surges by 29 percent in Q3 of 2023

    Recently, Saudi Arabia’s Ministry of Investment adopted a new methodology, endorsed by the IMF and praised by UNCTAD, to enhance the accuracy of FDI reporting. Analyzing individual financial statements of over 10,000 foreign companies from 2015 to 2022, the new methodology provides a more precise picture of FDI trends. Under the revamped methodology, the FDI stock balance in Saudi Arabia has shown consistent growth from SAR413 billion in 2015 to SAR775 billion in 2022. FDI inflow, in particular, has seen a significant increase, reaching SAR122 billion in 2022 compared to SAR64 billion in 2015. This positions Saudi Arabia as the 16th largest recipient of FDI among the G20 economies.

  • What analysts expect for Saudi Arabia in 2024?

    International institutions like the International Monetary Fund (IMF) and the World Bank see a leap in the growth of non-oil activities in the Kingdom and the region, as there is still a strong growth momentum in the non-oil sectors. The World Bank expects the non-oil economy to grow, while the IMF set the fair price of oil in the Kingdom’s 2024 budget at $75.1 per barrel.

  • What analysts expect for Saudi Arabia in 2024?

    International institutions like the International Monetary Fund (IMF) and the World Bank see a leap in the growth of non-oil activities in the Kingdom and the region, as there is still a strong growth momentum in the non-oil sectors. The World Bank expects the non-oil economy to grow, while the IMF set the fair price of oil in the Kingdom’s 2024 budget at $75.1 per barrel.

  • Saudi Arabia’s Tadawul launches index to track top 50 companies

    Saudi Arabia's Tadawul stock exchange has launched a new index that tracks the top 50 companies ranked by their market value on the Arab world’s biggest bourse.

    The TASI 50 index comprises companies that cover 90 per cent of Tadawul’s free float market cap with a minimum annual traded value ratio of 5 per cent, the bourse said in a statement on its website on Sunday.

    The ratio signifies the proportion of the total stock value traded annually, ensuring the companies included in the index are actively traded and not illiquid or rarely transacted.

  • Backstreet Boys, Cairokee and Afrojack to close Diriyah E-Prix weekend in Saudi Arabia

    American boy band Backstreet Boys will headline the 2024 Diriyah E-Prix on January 27. The second and final day of the ABB FIA Formula E World Championship races will also see Egyptian rock band Cairokee and Dutch DJ Afrojack take to the stage.

    The Backstreet Boys are no strangers to the region, and made their Saudi Arabia debut in June 2019, as part of the Jeddah Season cultural festival. Their latest show in the kingdom was last May, preceded by their sold-out debut Abu Dhabi performance.

    Likewise, Afrojack played at the Formula 1 Saudi Arabian Grand Prix 2023 in March.

  • Germany will not oppose further Eurofighters for Saudi Arabia

    Germany is prepared to allow further deliveries of Eurofighter jets to Saudi Arabia, German Foreign Minister Annalena Baerbock said on Sunday.

    Berlin halted arms sales to Saudi Arabia following the killing of Saudi journalist Jamal Khashoggi inside the Saudi consulate in Istanbul in 2018.

    Chancellor Olaf Scholz had pushed back against pressure to unblock delivery of Eurofighters to Saudi Arabia. His coalition partner, the Greens, had firmly opposed the move, pointing to human rights concerns and Saudi Arabia's role in the Yemen war.

  • Saudi Arabia’s MBS meets with chair, members of US Senate Intelligence Committee

    Saudi Crown Prince Mohammed bin Salman discussed the Kingdom’s relations with the United States on Saturday during a meeting with members of the US Senate Select Committee on Intelligence, the Saudi Press Agency reported. MBS welcomed the delegation, which was headed by committee chairman Senator Mark Warner, at the Winter Camp in AlUla, SPA added.

  • Will Saudi Arabia’s recent gold discovery provide a major boost to its economy?

    Saudi Arabia, the world’s largest oil exporter, has been looking to diversify away from crude exports by developing sectors including tourism, hospitality and finance.

    Mining is also a key component of the kingdom’s drive to attract foreign direct investment as laid out in the Vision 2030 plan. It aims to more than triple the mining sector’s contribution to the nation’s economic output by the end of the decade.

    “Gold mining has the potential to diversify Saudi Arabia’s economy and contribute to the kingdom’s gross domestic product,” the WGC said.