Recent stories from sustg

• Crown Prince Mohammed bin Salman Makes Rare Public Speaking Appearance at Conference in Riyadh, Announces New Megacity
  • October 24,2017

  • •

  • SUSTG Team
   

  Saudi Arabia’s Crown Prince Mohammed bin Salman made a rare public speaking appearance today at the Future Investment Initiative conference, organized by Saudi Arabia’s Public Investment Fund (PIF). The Forum in Riyadh, with attendance by chief executives of BlackRock Inc. and Blackstone Group LP and leaders from Goldman Sachs Group Inc. and J.P. Morgan Chase […]

   
• Media Conglomerate Saudi Research and Marketing Group Acquires Stake in Argaam Financial News Service
  • October 18,2017

  • •

  • SUSTG Team
   

  The Saudi Research and Marketing Group (SRMG) has acquired a controlling stake in the Argaam Investment and Trading Company, which publishes an online financial news service Argaam.com, according to reports. SRMG Chairman Prince Badr bin Abdullah Al-Saud said the acquisition “will help pave the way to a “brighter future” for the digital content industry in […]

   
• Over 87,000 Business Licenses Issued to Saudi Arabia this Year – Report
  • October 11,2017

  • •

  • SUSTG Team
   

  Saudi Arabia’s Ministry of Commerce and Investment issued over 87,000 business licenses to women in the last year as the Kingdom looks to increase female integration into the Saudi economy. The Ministry said it issued 87,575 commercial registrations for women “for businesses in various fields, including trade, manufacturing, communications, information technology, real estate, cleaning, tourism, restaurants […]

   
• Saudi’s PIF Continues Investment Drive in Kingdom’s Tourism and Hospitality Development
  • October 2,2017

  • •

  • Lucien Zeigler
   

  Saudi Arabia’s Public Investment Fund (PIF) is continuing to expand its investment portfolio in Saudi Arabia’s travel, tourism, and leisure infrastructure across different regions of the country as part of the Kingdom’s Vision 2030 economic and social reform plans. The latest such development came in the form of an announcement by the PIF today that it […]

   
• Saudi Arabia’s PIF Takes Charge of $5b Jeddah Corniche Redevelopment to create “New Downtown”
  • September 28,2017

  • •

  • SUSTG Team
   

  Saudi Arabia’s Public Investment Fund (PIF) has announced it will lead the redevelopment of Jeddah’s waterfront corniche, creating a “unique tourist, residential and commercial destination” that aims to become the “New Jeddah Downtown.” The PIF will look to add 12,000 housing units as well as shops and other attractions like museums, a cultural and social area, an activities center, […]

   
• Saudi-based Restaurant Management Startup Raises $4m
  • September 26,2017

  • •

  • SUSTG Team
   

  A restaurant management startup in Saudi Arabia has raised a $4m Series A investment as the Kingdom sees signs of life for new small and medium-sized enterprises (SMEs). Foodics, which is a Saudi-based company, offers an all-in-one iPad-based point of sale and restaurant management system. Foodics raised its venture funding from Saudi VC firms Raed […]

   
• Saudi Arabia to Get New Bankruptcy Law Next Year, Al-Qassabi Says
  • September 22,2017

  • •

  • SUSTG Team
   

  Saudi Arabia will begin implementing a new bankruptcy law early next year as part of efforts to attract foreign investment and encourage private sector activity, Reuters reports, citing Saudi-owned broadcaster Al Arabiya which aired comments from Minister of Commerce and Investment Dr. Majed Al-Qassabi. “(The) bankruptcy law has been passed to the Shura Council and […]

   
• PIF $2.7b Bet on Entertainment an Investment Toward a ‘Vibrant Saudi Society’
  • September 21,2017

  • •

  • SUSTG Team
   

  Saudi Arabia’s Public Investment Fund (PIF) announced on September 20 that it is setting up a new company to invest in the entertainment sector, as the Kingdom looks to achieve a more vibrant society – a stated goal of Saudi Arabia’s Vision 2030. The company, which will have $2.67 billion in initial capital to invest, will seek […]

   
• Saudi Arabia Will Remove its Ban on Internet Phone Calls on Thursday
  • September 20,2017

  • •

  • SUSTG Team
   

  Saudi Arabia will remove its ban on internet phone calls on Thursday, a government spokesman said, in a bid “aimed at stimulating online business as the kingdom looks to boost non-oil revenue,” Reuters reports. The news is sure to be welcomed by the many foreign men and women who travel to Saudi Arabia for business, […]

   
• Saudi Arabia’s ‘Third Rail’ No More? Kingdom Eyes Ambitious Energy Subsidies Cuts By November 2017, Report Says
  • September 18,2017

  • •

  • Lucien Zeigler
   

  Energy subsidies have long been a significant drag on the Saudi economy on numerous fronts, but as Vision 2030 reforms move ahead, Saudi Arabia is reportedly eyeing further cuts to its domestic energy subsidy program, long a third rail for Saudi domestic politics. According to a Bloomberg report, the government will aim to phase out “subsidies for gasoline and jet […]

   
• 10 of 814 results<< 1 … 50 51 52 53 54 … 82 >>
  VIEW ALL 814 RESULTS

  (MAY TAKE A LONG TIME TO LOAD)