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
-
Work to Begin on 400-megawatt Dumat Al Jandal Wind Power Facility in Saudi Arabia
- July 22,2019
•
- SUSTG Team
Saudi Arabia will begin producing wind energy at the Dumat Al Jandal site within three years to offset domestic oil consumption and diversify its energy supply, according to reports. Work will begin soon on Dumat Al Jandal, the Kingdom’s first major wind power facility, located in the Al-Jouf province in the north of Saudi Arabia, near the […]
-
PIF Acquires Stake in Jasara Program Management Co., Agrees to $10b Loan Terms
- July 16,2019
•
- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Jasara Program Management Co., a joint venture between Saudi Aramco and Jacobs Engineering Group, three people familiar with the matter told Bloomberg. The PIF acquired 30% of Jasara Program Management Co. from Saudi Aramco and 10% of the joint venture from Jacobs, one of the people told Bloomberg, […]
-
‘Expanded Reach’ for SIDF to Mining, Logistics and Energy Projects – Report
- July 10,2019
•
- SUSTG Team
Saudi Arabia is reportedly expanding the reach of its $28b Saudi Industrial Development Fund (SIDF) to allow the financing of energy, logistics and mining projects as part of broader efforts to develop the kingdom’s industries. The changes greatly extend the purview of the Saudi Industrial Development Fund, which previously only provided financing to local manufacturing […]
-
Princess Reema bint Bandar al-Saud Presents Credentials to President Trump at White House
- July 9,2019
•
- SUSTG Team
Saudi Ambassador to the United States Princess Reema bint Bandar Al-Saud presented her credentials to President Trump at the White House on Monday, officially beginning her tenure as the Kingdom’s new top diplomat in Washington. “Presented credentials today at the White House. Conveyed the well wishes of Kingdom’s Leadership. Looking forward to working on strengthening and […]
-
Saudi Desalination Plant Struck by Missile from Yemen, U.S. Drone Shot Down – Reports
- June 20,2019
•
- SUSTG Team
A Saudi desalination plant was struck by a missile that appeared to come from within Yemen, according to reports. Hours after the statements from U.S. officials, Saudi Arabia confirmed the missile strike, saying it caused no damage or casualties, the Wall Street Journal reports. Shortly after the strike was made apparent, senior U.S. officials met at […]
-
Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 1: Madain Salih
- June 14,2019
•
- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. The blog noted that this list was, in fact, the seven runners up to […]
-
UK Petrochemical Company INEOS will Invest $2bn to Build Three Plants in Saudi Arabia
- June 3,2019
•
- SUSTG Team
INEOS, one of the world’s largest chemical producers and oil and gas companies, is a privately owned company based in London. “On top of a combined $4bn investment recently announced in the UK and Europe, this is part of a wider Group strategy of globalisation that will stimulate growth and jobs worldwide,” the company said on Twitter. […]
-
Vision 2030 economic reforms ‘have started to yield positive results’ in Saudi Arabia, IMF says
- May 16,2019
•
- SUSTG Team
The International Monetary Fund (IMF) said that Saudi Arabia’s Vision 2030 economic and social reform plan was starting to pay off for the Kingdom, according to a report issued by the fund after a mission visit. “Economic reforms have started to yield positive results. Non-oil growth has picked-up, female labor force participation and employment have […]
-
Bloomberg Economics: Rising Private Sector Spending, Fiscal Stimulus Boost Non-Oil Economy
- May 10,2019
•
- SUSTG Team
Rising private sector consumption and government fiscal stimulus measures are expected to give a boost to the non-oil Saudi economy, Bloomberg Economics reports. “BE expects non-oil growth to average 2.6% this year, up from 2.1% in 2018, helped by fiscal stimulus, a lower drag from monetary policy and improved private consumption,” the outlet revealed in […]
-
Saudi Arabia Replaces Head of Civil Aviation by Royal Decree Amid Airport Delays
- May 8,2019
•
- SUSTG Team
Saudi Arabia replaced the head of its civil aviation authority on Wednesday, Reuters reports, appointing Abdelhadi Al-Mansouri president of the General Authority for Civil Aviation (GACA). Al-Mansouri’s appointment fills a position that has been vacant officially since January, when his predecessor, Abdelhadi Al-Mansouri, was dismissed. He was appointed in June 2017. No details were given on the […]
- 10 of 3131 results<< 1 … 90 91 92 93 94 … 314 >>
MUST-READS
-
Oil Facility AttacksAramco Showcases Oil-Attack Recovery Though Damage Remains
A visit to the Khurais oil field on Saturday revealed gleaming stabilization towers, four of which were hit in the strike by missiles and drones on Sept. 14. While one of the towers shown to reporters remained a charred wreck, Aramco insisted that the site is now able to operate at full capacity for limited periods.
-
Aramco IPOBankers Due to Deliver Crucial Aramco Valuation as Soon as Friday
The offering’s lead bank underwriters are slated to earn unusually low fees for their work, according to the people. That underscores the banks’ bet that working on the Aramco IPO will generate additional future business as a result of Saudi Arabia’s continuing diversification efforts. Typically in Europe and the U.S. IPOs can yield fees of 2.5% to as much as 7% of the proceeds raised from the issue.
-
Saudi AramcoSaudi Aramco says its growth lies in natural gas, refining and chemicals
“Cost reduction is a driver for us … but future [profit growth] will be more from diversification into integrated oil refining and petrochemicals, besides natural gas production and supply for both the domestic and international markets,” Mohammed Al Qahtani, senior vice-president for upstream operations at Aramco, said during a visit to the company’s site in Dhahran, Saudi Arabia.
-
Aramco IPOSaudi Arabia may only sell 2% of Aramco. It could still be the biggest IPO on record
Though official details have not been announced, analysts expect that Saudi Arabia will list between 1% and 2% of Saudi Aramco on the Tadawul exchange in Riyadh by the end of the year. An international listing, possibly in Tokyo, could follow in 2020 or 2021.
-
Saudi Aramco IPOAramco IPO Prospectus Due to Be Published Before Month-End
Saudi Arabia’s preparations to list Saudi Arabian Oil Co. are in full swing, with the company expected to publish its prospectus before the end of the month, people familiar with the matter said, paving the way for a final decision soon after on whether to proceed with the float.
-
Saudi AramcoSaudi Aramco says full oil production capacity will return by end Nov
Saudi Arabia’s full oil production capacity will be recovered by the end of November, Saudi Aramco CEO Amin Nasser said at the Oil & Money Conference in London on Wednesday. Aramco’s maximum production capacity is 12 million barrels per day (bpd), though the OPEC kingpin has been pumping significantly below that level as part of a coordinated agreement OPEC and non-OPEC producers to lower output and keep a floor under falling oil prices.
-
Aramco IPOSaudi central bank vets local lenders ahead of Aramco IPO – sources
SAMA is checking whether local banks have the capacity to handle demand for loans linked to the IPO, one of the sources said. Up to 6-7 million local investors are expected to participate in the listing, he added, but it is not clear how many of them will use credit to finance their share purchases.
-
Saudi AramcoFitch downgrades Aramco to ‘A’ with stable outlook, after attacks on oil facilities
Fitch on Monday downgraded Saudi Aramco by one notch after attacks last month on two production facilities, putting the rating of the state-owned oil giant at par with the one of Saudi Arabia, which the agency downgraded on Sept. 30. Aramco – the world’s largest oil company and the most profitable – obtained its first credit rating of A+ by Fitch in April ahead of its inaugural public bond issue.
-
Aramco IPOCommentary: Why Saudi Arabia’s Delayed Aramco IPO Is No Ordinary Share Sale
The deal has been extensively marketed to international investors, according to people familiar with the plans, approaches have been made to potential key investors including Malaysia’s Petroliam Nasional Bhd. and China’s Sinopec Group and China National Petroleum Corp.
-
Satorp RefinerySaudi Aramco Seeks to Refinance $2.2 Billion of Total JV Debt
The state-owned oil producer is seeking to cut the borrowing cost on the loans that were used to build the Satorp refinery, the people said, asking not to be identified because the discussions are private. The facility converts fossil fuels into building blocks for plastics.
- 10 of 1636 results<< 1 … 91 92 93 … 164 >>
