Washington is steering some of this shift, using the industry to push the region away from China’s orbit and focusing particularly on the UAE, a key U.S. security partner. The White House hosted executives from firms including Microsoft, Google and OpenAI last June for a meet-and-greet with Tahnoun bin Zayed al Nahyan, UAE’s national security adviser.
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
-
Local content rate seen at 43% in Saudi Arabia with a 20% jump in spending – PIF
The growth rate of local content in Saudi Arabia has now reached 43 percent, a top PIF official noted at the Private Sector Forum in Riyadh yesterday, noting that overall spending on content has increased by 20 percent.
-
2nd PIF Private Sector Forum Concludes; Expands Private Sector Interaction with PIF Portfolio Companies
Saudi Arabia concluded its second edition of the “PIF Private Sector Forum” in Riyadh, an event that brought together stakeholders from the PIF and its portfolio companies to engage directly with private sector companies at the King Abdulaziz International Convention Center in Riyadh.
-
Fitch Affirms Saudi Arabia at ‘A+’ with Outlook Stable
Fitch Ratings has affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook, the ratings agency said. “Saudi Arabia’s ratings reflect its strong fiscal and external balance sheets, with government debt/GDP and sovereign net foreign assets (SNFA) considerably stronger than both the ‘A’ and ‘AA’ medians, and significant fiscal buffers […]
-
The Public Investment Fund’s Head of National Development, Jerry Todd, talks PIF investment strategy, localization and more…
Lucien Zeigler sits down with an exclusive conversation with Jerry Todd, Head of the National Development Division at the Public Investment Fund (PIF) of Saudi Arabia, in a new format and program called 966 Live, recorded at PIF studios in a fireside chat style of engagement. Jerry Todd, who is also on the PIF’s Management […]
-
Kingdom Launches ‘Alat’, A New Effort to Transform Saudi int Electronics and Advanced Industries Hub
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Thursday the launch of a new Public Investment Fund company called “Alat,” which will contribute to the aim of making Saudi Arabia a global hub for sustainable technology manufacturing that focuses on advanced technologies and electronics, Saudi Press Agency reported.
-
Saudi Arabia’s non-oil sector grew 4.6 percent in 2023 – Reports
Saudi Arabia’s non-oil sector grew at a strong rate, a positive sign for the Saudi government’s Vision 2030 economic and social reform drive that puts diversification of the economy away from oil as a top goal.
-
Report: Saudis Resume US Defense Talks After Pause From Israel-Hamas War
Saudi Arabia has resumed talks with the US about forging closer defense ties after a pause following the start of the Israel-Hamas war in early October, according to people familiar with the discussions, Bloomberg reports.
-
The PIF’s biggest event of the year in Riyadh, the latest on the Saudi peace plan, and alcohol in Saudi Arabia? — The 966 Episode 120
In episode 120, The 966 once again has on offer a menu of excellence discussing some of the most important topics happening in Saudi Arabia this week — a tough decision for the editorial team as Saudi Arabia continues to create headlines as it marches forward with economic and social reforms.
-
Saudi Arabia’s New Luxury Train Experience through Kingdom’s Desert Set to Add to Tourism Portfolio
State-owned railway company Saudi Arabia Railways (SAR) recently struck a 200 million Saudi riyals ($53.33 million) deal with Italian hospitality company Arsenale Group to launch the first luxury train in the Middle Eastern kingdom, which paves the way for the Kingdom to have another differentiating tourism experience.
-
Report: China, Eying Increased Influence in the Middle East, Presses Iran to Rein in Houthi Attacks in Red Sea – Reuters
A recently-published Reuters report says that top Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, citing four Iranian sources and a diplomat familiar with the matter.
- 10 of 2919 results<< 1 … 6 7 8 9 10 … 292 >>
MUST-READS
-
Majority of Middle East IPOs experience positive aftermarket gains in 2024: Report
Middle East IPOs continued to demonstrate positive aftermarket performance in 2024, as revealed by PwC Middle East’s latest IPO+ Watch report. Most Q1 2024 IPOs experienced significant post-IPO gains.
Notable market gains were observed in the case of MBC Group Co and Middle East Pharmaceutical Industries Co (Avalon Pharma).
Additionally, the IPO of Dubai Parkin experienced an unprecedented surge in demand, with a subscription rate of 165 times, marking the highest level of oversubscription ever achieved on the Dubai Financial Market (DFM).
-
Top 10 Trending Products to Sell in Saudi Arabia in 2024
Saudi Arabia's consumer market is undergoing a remarkable transformation, propelled by the nation's economic diversification, rising disposable incomes, and a rapidly evolving consumer landscape. As businesses navigate this lucrative market, staying ahead of the curve by understanding and capitalising on emerging trends is paramount. In 2024, Saudi consumers will be driven by a unique blend of cultural influences, technological advancements, and a heightened focus on sustainability and well-being.
-
What is Saudi Arabia Vision 2030? Its Pillars, Programs and Projects
Saudi Arabia Vision 2030 is a monumental undertaking with its fair share of challenges. Implementing such a comprehensive transformation requires significant investment, social reforms, and overcoming bureaucratic hurdles. However, the potential rewards are immense. A successful Saudi Arabia Vision 2030 paves the way for a more prosperous, diversified, and globally connected Saudi Arabia.
-
Purple paradise: Witness Saudi Arabia’s stunning jacaranda blooms in spring showers
Tourists flock to see the purple-flowered Jacarandas, particularly those lining Abha's Art Street, which resemble natural paintings when raindrops grace their vibrant blooms.
-
Nicholas Blanford: Hezbollah’s Struggle Against Israel
So, there's a more complicated relationship between Hezbollah and Hamas. On a grassroots level, there's not much love for Hamas amongst Hezbollah fighters. They quietly call Hamas the back stabbers for switching sides in Syria. So, it’s fairly ironic that what is happening in South Lebanon over the last six months, with more than 300 people dead and a lot of destruction and damage to Lebanese border villages, is essentially for the sake of coming to the support of Hamas and Gaza.
-
How the authoritarian Middle East became the capital of Silicon Valley
-
Power Broker Behind Saudi Golf Deal Resigns From PGA Tour Board
In a pointed letter to his fellow policy board members, Dunne defended the framework deal with the Saudis, writing that “unifying professional golf is paramount to restoring fan interest and repairing wounds left from a fractured game.” He also cited how he hasn’t been asked to take a role in the negotiations with Saudi Arabia’s Public Investment Fund over the past 11 months and that “no meaningful progress has been made toward a transaction with the PIF.”
-
Saudi Economic ‘Overheating’ Fears Emerge as Constraint
The economic makeover, known as Vision 2030, has been hitting some snags eight years after being unveiled by Crown Prince Mohammed bin Salman. Al-Jadaan has previously acknowledged that there may be delays or acceleration for some projects.
-
Sullivan plans talks in Saudi Arabia, Israel amid tensions over Rafah
National Security Adviser Jake Sullivan plans to travel to Saudi Arabia and Israel this weekend amid the rising tensions over the Israeli military operation in Rafah, three U.S. and Israeli officials with knowledge of the plans tell Axios.
-
Saudi Arabia ‘conservative’ on oil revenue as it pares back Vision 2030 plans
Speaking at the Qatar Economic Forum in Doha on Tuesday, Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices. "We are not complacent; obviously we need to push through the momentum of reforming and transforming our economy, but we see the results," he added.
- 10 of 57899 results<< 1 … 7 8 9 … 5,790 >>