SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Saudi Arabia’s Sindalah Island, Neom’s ‘Yachting Hub’, to Open in 2024 with Golf Course, 40 Restaurants
- December 6,2022
•
- SUSTG Team
Saudi Arabia’s Sindalah Island, off the coast of NEOM in Saudi Arabia, will open by 2024 and will include a beach club, yacht club and almost 40 restaurants, new details released about the project yesterday confirm.
-
Virginia-Based Bechtel Corp. Wins Contract to Provide Project Management Consultancy Services for NEOM’s TROJENA
- December 5,2022
•
- SUSTG Team
Virginia-based Bechtel Corporation has been appointed as the Project Management Consultant for TROJENA, a year-round mountain destination in the NEOM region of northwest Saudi Arabia, the company confirmed in a press release.
-
Jadwa Chartbook: Saudi Arabia’s Growth Streak Continues with Non-Oil PMI Increasing on ‘Higher New Orders and Business Optimism’
- November 30,2022
•
- SUSTG Team
Saudi Arabia’s economy continues its streak of growth with positive data points in key areas like non-oil PMI, consumer spending, and point of sale transactions, according to the latest monthly chartbook released by Jadwa Investment.
-
Riyad Capital Sees 2022 Non-Oil Economy Growth in Saudi Arabia at 5.2% in 2022 and 4.3% in 2023
- November 29,2022
•
- SUSTG Team
Saudi-based investment bank Riyad Capital said Saudi Arabia’s non-oil economy is projected to grow of 5.2% in 2022 and 4.3% in 2023, Hans Peter Huber, Chief Investment Officer, said in a report.
-
An ‘Aerotropolis’: Saudi Arabia Plans to Build One of the World’s Largest International Airport’s in Riyadh Named After King Salman
- November 28,2022
•
- SUSTG Team
Saudi Arabia plans to build one of the world’s largest airports in the capital Riyadh, named after King Salman, which will be capable of handling 185 million passengers a year and eventually powered by renewable energy, according to a statement from Saudi Arabia’s Public Investment Fund and reported widely by news outlets.
-
Oil Prices Fall as WSJ Reports OPEC is Considering an Output Increase on December 4
- November 21,2022
•
- SUSTG Team
Saudi Arabia and other OPEC countries are discussing an oil output increase to be determined at its next meeting, the Wall Street Journal reports, “a move that could help heal a rift with the Biden administration and keep energy flowing amid new attempts to blunt Russia’s oil industry over the Ukraine war.”
-
Saudi Arabia Signs $30 Billion Worth of Investment Agreements with South Korea
- November 17,2022
•
- SUSTG Team
South Korean and Saudi Arabian leaders signed investment agreements worth at least $30 billion with South Korean companies in a major push to strengthen ties between the two nations, according to reports.
-
Lucid Teases ‘Gravity’, its First SUV with Seating for Seven, Targeting 2024 for Launch
- November 16,2022
•
- SUSTG Team
Lucid Motors today revealed ‘Gravity’, its first SUV with seating for up to seven people that “reimagines utility — and sport — like never before,” the company said on its website and in a promotional video on YouTube.
-
Crown Prince Heads to G20 in Indonesia as Chinese Leader Xi Jinping Reportedly Eyes December for Saudi Visit
- November 14,2022
•
- SUSTG Team
Crown Prince Mohammed bin Salman of Saudi Arabia will represent the Kingdom at the G20 in Indonesia at this year’s meetings, and will visit other Asian countries as part of the trip, state news agency SPA reported.
-
Prince Waleed bin Nasser Al-Saud from Saudi-based Consultancy Mukatafa, more on the U.S.-Saudi relationship, Saudi’s mining sector, and more
- November 11,2022
•
- SUSTG Team
Episode 65! Prince Waleed Bin Nasser Al Saud joins The 966 — Prince Waleed is CEO of Mukatafa, a consultancy based in Riyadh that brings together the public and private sectors in Saudi Arabia, forming an ecosystem that enables the private, public, and third-party sectors to collaborate, integrate, and grow together as the Kingdom drives […]
- 10 of 2014 results<< 1 … 31 32 33 34 35 … 202 >>
MUST-READS
-
Israel Aerospace, UAE weapons maker team up on anti-drone tech
Israel Aerospace Industries (IAI) said on Thursday it would jointly develop an advanced drone defence system with the United Arab Emirates’ state-owned weapons maker EDGE. Israel and the UAE formalised relations last year, brought closer by commercial interests and concern over Iran.
-
Lucid, Long Before SPAC, Promised to Build Saudi Auto Plant
Electric-car startup Lucid Motors Inc. has an undisclosed commitment to build an assembly plant in Saudi Arabia, a potentially costly promise the company made after accepting more than $1 billion in financing from the Saudi Public Investment Fund in 2018, according to people familiar with the matter. The plant promise represents a significant investment commitment for the startup, which hasn’t yet sold a car from its one existing factory in Arizona. It is also a potential boon for Saudi Arabia, which has struggled to lure Western companies to the country in the wake of the 2018 murder of Saudi journalist Jamal Khashoggi.
-
Saudi king approves support for Islamic pilgrimage operators after COVID-19: SPA
Saudi Arabia’s King Salman approved a range of initiatives aimed at assisting firms and individuals operating in support of Islamic pilgrimages, Saudi state news agency SPA said late on Monday. The initiatives are aimed at mitigating the financial and economic effects of the COVID-19 pandemic across the sector that provides support for the haj and umrah pilgrimages, SPA said.
-
Saudi Arabia lift most coronavirus-related curbs as of Sunday: SPA
Saudi Arabia will end most coronavirus-related restrictions on Sunday, including resuming indoor dining, reopening cinemas and resuming entertainment activities and events, the state news agency SPA said on Saturday. Some activities will remain banned, including weddings and corporate meetings. Social gatherings will continue to be limited to a maximum of 20 people, SPA said, citing an interior ministry source.
-
Saudi Arabia says COVID-19 vaccination required for 2021 haj – newspaper
Saudi Arabia’s health ministry has ruled that only people who have been vaccinated against COVID-19 will be allowed to attend the haj this year, Saudi newspaper Okaz reported on Monday. “The COVID-19 vaccine is mandatory for those willing to come to the haj and will be one of the main conditions (for receiving a permit to come),” the report said, citing a circular signed by the health minister.
-
Anghami becomes first MENA startup to list on Nasdaq through SPAC Merger | MAGNiTT
The transaction, which is expected to close in Q2 of this year, includes a $40M funding commitment from UAE-based VC and existing investor, Shuaa Capital, and Vistas Media Capital Singapore (the parent of the sponsor for Vistas Media Acquisition Company Inc.). By taking the SPAC route, Anghami was able to raise funds via Vistas Media Acquisition Company and list directly through it, therefore reducing what can be a costly and time-consuming initial public offering process. Vistas raised $100M in its August 2020 IPO.
-
Military projectile fell in Saudi Arabia’s Jazan, injured five civilians – SPA
Saudi Arabia’s civil defense said a military projectile launched by Yemen’s Houthis fell in Saudi’s Jazan and injured five civilians, three of which are citizens and Tow Yemeni residents, the state news agency reported early on Tuesday. The five injured were transferred to the hospital with medium injuries, while two houses, three cars and a grocery shop were affected, the civil defense statement said.
-
Saudi Arabia’s PIF launches $3 billion tourism, infrastructure venture – SPA
Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency SPA reported on Wednesday.
-
Lucid Motors and the SPAC Churchill Capital Corp. IV May Announce a Merger Agreement Shortly – EV Company may be valued at $15 billion
Lucid Motors is expected to start delivering the Air EVs in the spring of 2021. The company has already indicated that it needs additional financing in place before the summer of 2021. This suggests that the proposed merger between Lucid Motors and Churchill Capital may achieve a closure quite soon, provided that the DA materializes next week.
-
Saudi Cabinet approves establishing bank of SMEs -SPA
“The SMEs Bank to provide all its products and services in digital form without the need to establish branches,” state news agency (SPAeconomic) wrote on Twitter.
- 10 of 648 results<< 1 … 32 33 34 … 65 >>
