SUSTG.com / Research

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

Recent stories from sustg

MUST-READS

  • Iran says nuclear negotiations to resume amid EU ‘concern’

    The European Union's top diplomat has expressed concern about the prolonged pause in the negotiations between Iran and world powers to revive the 2015 nuclear deal. Iran maintains that it is ready to conclude the talks and blames the Joe Biden administration for making "excessive demands" and delaying an agreement. Washington, however, says Tehran seeks concessions "beyond" the scope of the nuclear accord.

  • Business experts offer recipe for Saudi entrepreneurial success

    Made in Saudi seeks to market national goods and services to become the preferred option locally and globally, in cooperation with a group of partners from the public and private sectors. It aims to stimulate national industries and encourage consumers to purchase local goods, while developing and promoting the Kingdom’s exports to global markets.

  • Pique rejects wrongdoing over 24-million euros Saudi Super Cup deal

    "We don't understand how such a clear, positive and clean operation becomes a source of controversy. We all know that there is nothing illegal here," the Spanish FA's head of communications Pablo Garcia Cuervo told Cadena Ser on Tuesday. "Pique is a businessman who has an agency that operates internationally with major events and has great contacts. All he did was put us in contact with Saudi Arabia. That is no conflict of interest, he just helped Spanish football to close an extraordinary operation.”

  • Oil rises on news EU may phase in a ban on Russian oil imports

    A phased-in ban would force European buyers "to seek alternative sources, some of which in the near term is being met by Strategic Petroleum Reserve releases, but in the future, more supplies coming out of the ground will be required," Andrew Lipow of Lipow Oil Associates in Houston said.

  • European Union to Boost Natural Gas Cooperation With Egypt

    Egypt and the European Union will enhance cooperation in energy, the Egyptian cabinet said after a meeting between Prime Minister Mostafa Madbouly and Frans Timmermans, the EU’s climate chief, in Cairo. The delegations discussed the potential supply of liquefied natural gas to Europe in the short term, and whether the EU will contribute to building a green hydrogen production facility in Egypt to help the country become a production center in the region, according to a statement.

  • Qatar Airways, Airbus feud over safety in rare court clash

    Qatar Airways and Airbus clashed in court on Thursday over the fate of billions of dollars of jet orders as their 25-year partnership unravelled in scenes resembling a corporate divorce trial. The two sides have been locked for months in a dispute over damaged lightning protection within the painted skin of the A350 that Qatar says has forced it to ground jets and stop taking deliveries.

  • Saudi Arabia buys 625,000 tons of wheat from Americas, Europe, and Australia

    Traders say Saudi Arabia is among importing countries hit by disruption to Ukrainian and Russian grain exports and surging prices of wheat and other commodities. The shipments will be delivered between September and November, the state grains importer said.

  • Russian gas flows to Europe despite Putin deadline

    An order by President Vladimir Putin cutting off gas buyers unless they pay in roubles from Friday had caused alarm in Europe, where it was seen as Moscow's strongest card to play to retaliate for Western financial sanctions. Germany, the biggest buyer, rejected the demand as "blackmail".

  • Saudi Arabia Sees Growth in Entrepreneurs’ Funds

    Investment in Saudi Arabia has witnessed a qualitative leap in the stock market and a significant growth in entrepreneurs' funds, be it private or venture investment or startup funds, announced Chairman of the Capital Market Authority (CMA) Mohammed al-Kuwaiz. Speaking at a panel discussion at the Global Entrepreneurship Congress (GEC) in Riyadh, Kuwaiz pointed out that the crowdfunding platforms contributed to accelerating the financing process for pioneering projects and shortening the time and effort, as it is now possible to obtain funding in less than two minutes through the platforms.

  • Saudi Aramco petroleum storage site hit by Houthi attack, fire erupts

    A huge plume of black smoke could be seen rising over the Red Sea city where the Saudi Arabian Grand Prix is taking place this weekend, an eyewitness said. The Iran-aligned Houthis have escalated attacks on the kingdom's oil facilities in recent weeks and ahead of a temporary truce for the Muslim holy month of Ramadan.