SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Construction Payment Delays Draw International Attention, Report Says
- March 8,2016
•
- SUSTG Team
Foreign governments are pressing both government authorities and company executives in Saudi Arabia “to ensure that local construction firms make delayed salary payments to thousands of workers, a sign of pressure on the kingdom’s economy due to low oil prices,” according to a Reuters report. Construction firms in Saudi Arabia are have been squeezed as […]
-
Riyadh to Keep Arms Originally Bound for Lebanese Army
- March 7,2016
•
- SUSTG Team
Saudi Arabia will honor its contracts with French defense companies for $3 billion in arms previously bound for Lebanon as military aid, but will keep the equipment for its own army, foreign minister Adel Al-Jubeir said. Saudi Arabia recently withdrew its promise of $3 billion in military aid and $1 billion for security services over […]
-
Saudi Arabia Eyes Privatization of Power, Opening Opportunities for International Power Companies
- March 4,2016
•
- SUSTG Team
Saudi Arabia is heading towards privatizing the electricity sector and “shifting towards solar and alternative energy in the framework of its efforts to reduce the use of fossil fuels in production rates,” according to a report in Asharq Al-Awsat citing “informed sources.” The Saudi Electricity Company plans to “split into four units with local and […]
-
More than 50 Members of U.S. GOP ‘Foreign Policy Community’ Write Open Letter Calling Donald Trump Unfit for Office
- March 3,2016
•
- Lucien Zeigler and Richard Wilson
An open letter signed by over 50 members of the Republican foreign policy community, including former Department of Homeland Security Secretary Michael Chertoff and former Deputy Secretary of State Robert Zoellick, has called Donald Trump unfit for office and pledged to work to stop him from receiving the Republican nomination. “We the undersigned, members of […]
-
Borrowing by Arab Governments More than Doubled Last Year as Energy Producing Nations Feel the Pinch
- March 2,2016
•
- SUSTG Team
Borrowing by Arab governments more than doubled last year and is forecasted to remain high in 2016, according to the ratings agency Standard and Poor’s (S&P). Last year, Saudi Arabia borrowed $26 billion, and in total, GCC Governments borrowed $40 billion overall. Egypt borrowed the most of any Arab nation with $44 billion. S&P projects […]
-
Nitaqat Effort Suffers Setback: 2015 was the ’Slowest Annual Increase on Record for Saudi Net Employment’ as Most New Jobs Still Going to Non-Saudis
- March 1,2016
•
- SUSTG Team
A recently released Jadwa Investment report on Saudi Arabia’s labor market found little headway being made in Saudi Arabia’s goal of increasing employment of Saudis. According to Jadwa Investment, although Saudi Arabia’s unemployment rate fell slightly from 11.7 percent in 2014 to 11.5 percent in 2015, “of these positions, 368 thousand (or 88 percent) […]
-
Saudi Central Bank Announces an ‘Affordable Mortgage’ Program Intended to Boost Housing Sector
- February 29,2016
•
- SUSTG Team
Saudi Arabia’s central bank said in a statement it plans to launch an “affordable mortgage” program to finance residential real estate purchases by Saudi citizens, according to reports. Home buyers would be responsible for a down payment of 15 percent of the property’s value, and commercial banks would supply a further 70 percent. An additional […]
-
Riyadh Metro’s New Trains will have Three Separate Classes of Cars
- February 26,2016
•
- SUSTG Team
The trains for Riyadh’s forthcoming metro project on lines 1 and 2 will have three separate classes of cars for citizens and expats, according to reports. The Siemens-built trains will have a first class for men with “gold-colored seats” that are wider than other sections. A second section will be for families, which in Saudi […]
-
‘Saudi Student Boom’ for U.S. Colleges and Universities may be Slowing as Scholarship Program Evolves
- February 25,2016
•
- SUSTG Team
A number of reports have indicated that the popular King Abdullah Scholarship Program (KASP) that has placed hundreds of thousands of Saudi students at academic institutions all over the world is being reviewed and can anticipate significant changes with regard to the program’s size and scope. In 2014 over 207,000 Saudi students and dependents were […]
-
Jadwa Investment Report Finds Inflation at 5-Year High
- February 24,2016
•
- admin
In a recently released report by Jadwa Investment on inflation in the Saudi economy, the Riyadh-based firm found that inflation in Saudi Arabia had reached a new 5-year high as a result of recent energy price reforms that have increased domestic energy costs. “The inflationary impact of the recent hike to energy prices is […]
- 10 of 2897 results<< 1 … 219 220 221 222 223 … 290 >>
MUST-READS
-
Saudi Arabia and sport: a strategic gamble aiming for economic, political and social goals
The scale of Saudi Arabia’s investment is clear enough. But it is worth remembering that this hugely expensive outlay is not for reasons of vanity or largesse. It is a carefully constructed strategy in response to the kingdom’s pressing economic, political and social challenges.
-
Saudi Arabia to establish 15 new plants for medicines, aircraft parts, and metal forming
Speaking as part of a dialogue session at the third edition of the International Engineering Conference and Exhibition, Osama Al-Zamil said three of the new plants will be advanced factories for vital medicines and medical vaccines, four for assembling aircraft components, and eight for metal forming. The announcement comes as the national strategy for industry is seeking to boost the number of factories in the Kingdom to 36,000 factories by 2035, the deputy minister said.
-
EU, Russia take strong positions as Ukraine war takes centrestage on G20 meet eve
The foreign ministers meeting comes days after a meeting of finance chiefs of G20 countries in Bengaluru which was also overshadowed by Russia's war in Ukraine. Delegates at the Bengaluru meeting wrangled over condemning Russia for the war, failed to reach a consensus on a joint statement and settled instead for a summary document. "This war has to be condemned," Josep Borrell, the European Union's High Representative for Foreign Affairs and Security Policy, told reporters.
-
Next Generation Sustainable Retreat Slated to Open in Saudi Arabia
Being developed in partnership with NEOM, the property is located in the snowcapped mountains of Northwestern Saudi Arabia and is expected to open at the beginning of 2026. When complete, Collective Trojena will feature 60 open-air guest rooms, as well as meeting spaces, dramatic water features, communal campfires, and even “fire-inspired culinary experiences.” Information released online about the project says “guests will be immersed in a journey that creates a true appreciation” of the property’s awe-inspiring mountain location. The property is being designed to evoke the intrepid spirit of the Collective Retreats brand, while also showcasing natural and developed landscapes. TRENDING NOW Eco-Friendly Travel JetBlue Partners With CHOOSE To Give Customers Tools To Scale... Aurora Expeditions Officially Christens the Sylvia Earle in... MSC's Most Sustainable Ship, MSC Euribia, to Launch This... United Airlines Commits More Than $100 Million to New...
-
Uber-backed ride hailing app Careem is halting its operations in Qatar
The surprise announcement, which went into effect immediately on Feb. 28, comes just months after the country became the first Middle Eastern nation to host the World Cup. Careem played a key role in Qatar’s 2022 World Cup, expanding its fleet in the country by 50% in November, while growing in neighboring Saudi Arabia and the UAE.
-
US welcomes Saudi FM’s visit to Ukraine, aid package
The US has welcomed Saudi Arabia’s announcement the Kingdom will provide $400 million worth of humanitarian aid to Ukraine, the White House’s national security spokesman John Kirby said on Monday.
-
Saudi Arabia launches program to train Hajj pilgrim leaders from overseas
Saudi Arabia’s Ministry of Hajj and Umrah has launched a program to train the leaders of foreign Hajj pilgrim groups before their arrival in the Kingdom. The first session was held in Tabung Haji, in the Malaysian capital Kuala Lumpur, and was attended by more than 30 group leaders. The aim of the program is to improve the quality of service for pilgrims, facilitate their trip and enrich their religious and cultural experience, in line with the goals of Saudi Vision 2030.
-
NEOM fundraising tour of Saudi Arabia reaches Eastern Provinces
The region forms the second leg of the nationwide tour that is seeing the development’s top management meet with prominent entrepreneurs, business leaders and investors to showcase the latest developments in NEOM’s projects and to highlight the immense investment potential it holds, both now and in the future.
-
Water entertainment set to boost Saudi Vision Plan
The total number of entertainment venues in the Kingdom is expected to exponentially grow, with licenses being granted for more than 24 amusement parks and 421 entertainment centres in January 2023. Whether visiting animals at the zoo and seeing a splash pad for kids, shopping at the mall and witnessing a FlowRider surf simulator, or staying at a hotel with a full set of water slides, these attractions are growing rapidly due to their contribution in raising the overall quality of life, helping to form healthy relationships, and driving economic growth.
-
Donors pledge $1.2 bln of $4.3 bln sought for Yemen aid plan
The United Nations raised around $1.2 billion from crisis-strained donors on Monday towards its $4.3 billion aid plan for Yemen, one of the world's biggest humanitarian disasters despite a no-war, no-peace stalemate that has largely stopped fighting. Underfunding has seen agencies scale back Yemen aid projects, including food rations, in the past couple of years. Last year donors gave $2.2 billion of the $4.27 billion sought, U.N. data shows.
- 10 of 10285 results<< 1 … 220 221 222 … 1,029 >>