Recent stories from sustg

• Large Quantities of Natural Gas Discovered in Red Sea, Al-Falih Says
  • March 8,2019

  • •

  • SUSTG Team
   

  Large quantities of gas have been discovered in the Red Sea, the official Saudi Press Agency said, citing comments made by Minister of Energy Khalid Al-Falih. Al-Falih said that Saudi Aramco will intensify exploration work over the next two years after completion of a feasibility study. Falih also said Saudi Aramco was studying possible Liquified Natural Gas (LNG) project […]

   
• Saudi Housing Sector to See $21 Billion in Investment in 2019; Home Ownership Growing 6-7 Percent Annually – Minister
  • March 6,2019

  • •

  • SUSTG Team
   

  Saudi Arabia’s Minister of Housing Majed al-Hogail said he expects investments in the real estate financing sector to reach between 60 billion Saudi riyals and 80 billion riyals ($21.33 billion) in 2019, according to Reuters on the sidelines of a housing conference in Riyadh. The minister told Reuters that real estate financing for January hit 4.7 […]

   
• Latest Economic Data Shows Continued Improvement in Saudi Economy, Jadwa Investment Says
  • March 5,2019

  • •

  • SUSTG Team
   

  Latest economic data from Jadwa Investment’s March 2019 economic chartbook shows more positive signs for the Saudi economy. Economic data reviewed by Jadwa for the month of January showed improvements for the economy, including a 32 percent rise in POS transactions, and a rise in non-oil PMI to its highest level since December 2017, the Riyadh-based bank said. […]

   
• Positives Seen in Latest Saudi Government Labor Market Data as Vision 2030 Reforms Take Hold
  • March 1,2019

  • •

  • SUSTG Team
   

  Saudi Arabia’s workforce saw an increase in female participation and a slight decline in unemployment, according latest data on the Saudi labor revealed in a Jadwa Investment report. The General Authority for Statistics (GaStat) labor market release for Q3 2018 shows that unemployment declined slightly to 12.8 percent, from 12.9 percent in the previous two […]

   
• Kushner, Crown Prince Mohammed bin Salman Meet in Riyadh
  • February 28,2019

  • •

  • SUSTG Team
   

  President Donald Trump’s senior adviser and son-in-law, Jared Kushner, met with King Salman and Crown Prince Mohammed bin Salman yesterday in Riyadh, the first visit by Kushner since the killing of Jamal Khashoggi. “Building on previous conversations, they discussed increasing cooperation between the United States and Saudi Arabia, and the Trump Administration’s efforts to facilitate […]

   
• Saudi Arabia Enters Global Race for 5G Telecom with New STC Deals
  • February 26,2019

  • •

  • SUSTG Team
   

  Saudi Arabia is in the global race to launch one of the first 5G telecom networks in the world and the largest 5G in the Middle East and North Africa, according to reports. The stakes are high for all countries in the 5G race; the new cellular system will potentially transform the world as we […]

   
• Analysis: Vision 2030 is Well Underway. Here’s What’s Needed to Make it a Success.
  • February 25,2019

  • •

  • Hussain Abusaaq
   

  In 2016, Saudi Arabia’s Crown Prince Mohammed bin Salman announced his “Vision 2030″—the most comprehensive transformation plan in the history of the country, which includes wide-ranging social and economic reforms. Vision 2030 was designed as a 14-year project; however, in its first three years, we have already seen tangible advances, such as fiscal consolidation efforts, […]

   
• Crown Prince Mohammed bin Salman Meets with Xi Jinping in Beijing, Tours Great Wall
  • February 22,2019

  • •

  • SUSTG Team
   

  Saudi Arabia’s Crown Prince Mohammed bin Salman continued his tour of Asian nations with a second day in China, where he met with Chinese President Xi Jinping and the two countries inked over $28 billion in deals, according to reports. In his meeting with President Xi Jinping, the Chinese leader urged joint efforts to counter extremism and […]

   
• Crown Prince Mohammed bin Salman Arrives in India for Next Stop of Asia Tour
  • February 20,2019

  • •

  • SUSTG Team
   

  Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in India for the second stop on a three-country tour of Asian nations as the Kingdom looks to boost relationships and trade opportunities in the East. India “rolled out the red carpet for the crown prince,” Reuters reports, amid simmering tensions with neighboring Pakistan following a militant attack in […]

   
• Jadwa Investment Forecasts ‘Continued Improvement in the Health and Direction of the Saudi Economy’
  • February 15,2019

  • •

  • SUSTG Team
   

  In a research report on the year ahead for the Saudi economy, Jadwa Investment said 2019 will be “marked by a continued improvement in the health and direction of the Saudi economy.” “During 2019, we expect to see a consolidation of efforts in striving towards the goals of the Vision 2030, as well as the targets […]

   
• 10 of 1103 results<< 1 … 61 62 63 64 65 … 111 >>
  VIEW ALL 1103 RESULTS

  (MAY TAKE A LONG TIME TO LOAD)