SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

  • Seasonality and the Saudi Stock Market
     

    A recently released note by Jadwa Investment discusses the effect that seasonal trends have on the Saudi economy, noting that while all economies have seasonal trends, “for Saudi Arabia these trends are more pronounced than for most other global economies…The slowdown in activity in the third quarter due to the long hot summer is a key driver […]

     
  • Saudi Athletes in London
     

    London 2012 was historic for both Saudi Arabia and the Olympic games. Saudi Arabia sent its first female athletes ever to the Olympics, completing a strong talking point for the games’ organizers: London 2012 was the first time every country competing in the Olympics sent at least one woman. Sarah Attar (800m) and Wojdan Shahrkhani (Judo) […]

     
  • Saudi success in show jumping underscores shift in equestrian order, helps its Olympic future
     

    Saudi Arabia appeared on the equestrian show jumping map in at the Sydney Games in 2000 when Khaled Al Eid won an individual bronze. He qualified for London but had to withdraw in July after his horse, Presley Boy, developed laminitis, a painful inflammation of the hoof. Some had considered the Sydney medal a blip, […]

     
  • Graph of the Day – Saudi Oil Production Since 2008
     

    Jadwa Investment’s recently released Chartbook for the month of August 2012 found that  the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.

     
  • Jadwa Saudi Chartbook: Inflation at 10 Month Low
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]

     
  • Jadwa Saudi Chartbook for August 2012: Banking Indicators
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since […]

     
  • ‘There is a large infrastructure boom happening in Saudi Arabia’
     

    Saudi Arabia is spending more than $60 billion on a logistics hub, airport improvement and roads to reduce travel time in the Arab world’s biggest economy. The investments also yielded the largest sukuk, or Islamic bond, offered in the Middle East this year and an initial public offering on the stock exchange in June. “There […]

     
  • Wealth Management in the Middle East: Boon or Bust?
     

    Middle Eastern policymakers and bankers will develop an indigenous wealth management industry which keeps the super-wealthy’s investments at home. Developing a local national wealth management industry requires letting in foreign competition, changing banking and securities laws, and growing local companies whose shares are worth buying. The first part of the article reviews trends in wealth […]

     
  • Saudi Students Flood In as U.S. Reopens Door
     

    The more than 300 graduates gathered at a hotel overlooking the Potomac River were all from Saudi Arabia, part of a massive government-paid foreign study program to earn bachelor’s, master’s and doctorate degrees and return home to help run their country. “You are the best of the best, and the future of our country,” Saudi […]

     
  • Saudi consumer electronics market surges
     

    Saudi Arabia’s consumer electronics devices market, defined as the addressable market for computing devices, mobile handsets and video, audio and gaming products is projected at $6.4 billion in 2012, Business Monitor International said in “Saudi Arabia Consumer Electronics Report Q2 2012″report. This is expected to increase to $8.2 billion by 2016, driven by the growing […]

     

MUST-READS

  • Two deaths from Mers reported in Saudi Arabia in past six months

    Four new cases of Mers, including two deaths in the Middle East, have been reported to the World Health Organisation. In a twice-a-year update on the Middle East Respiratory Syndrome Coronavirus (MERS-CoV) – a disease typically transmitted by camels – four confirmed cases were reported by the Saudi Arabia Ministry of Health in Riyadh and the Eastern and Qassim regions of the kingdom. The deaths occurred between October 19 and December 24, 2023, while all four of those involved, two men and two women aged 59 to 93, had other health conditions.

  • ‘Strings attached’: Saudi Arabia steps up demands in tech deals with China

    Saudi Arabia is mandating that leading Chinese technology companies invest in the Gulf kingdom in return for huge deals, as it leverages its petrodollar wealth to boost its domestic tech industry. Alibaba and SenseTime are among the top Chinese groups to have secured deals worth hundreds of millions of dollars with Saudi Arabia over the past three years, in exchange for setting up joint ventures in the country. According to five industry insiders, including fund managers, tech entrepreneurs and consultants working on the agreements, Saudi investors are applying increasingly stringent requirements to fund deals.

  • Saudi Arabia sees medium-term non-oil growth at over 5%, below previous estimate

    Saudi Arabia's non-oil growth is expected to come in above 5% in the medium term, Finance Minister Mohammed Al Jadaan said on Monday, slightly lower than the 6% figure previously projected, but likely to outperform the wider region this year. "If you look at the non-oil GDP, it is growing at very healthy numbers: 4% and north of 4%. We are expecting 5%-plus in the medium term," Jadaan told delegates at the Saudi Capital Markets Forum in Riyadh. "That is very strong growth."

  • Saudi Arabian racer Reema Juffali announced as F1 ACADEMY Wild Card entry for Round 1 in Jeddah

    Reema Juffali, Saudi Arabia’s first-ever female racing driver, has been confirmed as the Wild Card entry for the first round of the 2024 F1 ACADEMY in Jeddah. Making history in 2018 with her racing debuts in the TRD 86 Cup and MRF Challenge, Juffali went on to secure frequent points-scoring finishes in the F4 British Championship the next year. In addition, she became the first Saudi Arabian woman to compete in an international race in her home country, driving in the Jaguar I-PACE eTROPHY.

  • International women jockeys to compete in world’s richest race meet in Saudi Arabia

    A raft of the world’s elite jockeys and horses will descend on King Abdulaziz Racetrack in Riyadh this weekend for the 2024 Saudi Cup. The fifth edition of the event begins on Friday with the International Jockeys’ Challenge and concludes on Saturday with the highly anticipated Saudi Cup race itself. The international challenge (IJC) is a four-race competition featuring 14 high-calibre jockeys – seven men and seven women – from all around the world. Among them are three-time Melbourne Cup champion Damien Oliver, America’s Katie Davies and reigning IJC champion Luis Saez, and New Zealand’s Lisa Allpress, the first woman to win a flat race in Saudi Arabia when she competed in 2020.

  • Inside Saudi Arabia’s wild football experiment

    Saudi Arabia is spending an unfathomable fortune to lure the biggest stars of global football (Ronaldo! Benzema! Neymar!) to its upstart league. So GQ ventured to the kingdom to discover what the gambit represents. Is this the future of the world’s most popular sport? The vanguard of sportswashing? Or something way bigger?

  • Tadawul Says Foreigners Missing Out on Saudi Arabia’s Peer-Beating Stock Returns

    The operator of Saudi Arabia’s stock exchange said foreign investors’ exposure to the bourse isn’t high enough, showing that they’re missing out on returns that have beaten most emerging-market peers. While flows have been positive for the the past five years, “the representation of foreign investors in the market is still, in my opinion, not at the level we would anticipate,” Khalid Al-Hussan, the chief executive officer of Saudi Tadawul Group Holding Co., told Bloomberg Television at the Saudi Capital Market Forum 2024.

  • Saudi Arabia Pushes Deeper Into Entertainment With New Film Fund

    A Saudi Arabian investment firm is setting up a $100 million fund to invest in the kingdom’s film industry, one of the first such bets on the region’s fastest-growing movie production markets. The Saudi Film Fund, a partnership between MEFIC Capital and Roaa Media Ventures, will collaborate with major international studios and “provide content that reflects Saudi culture and values,” according to a statement Monday.

  • Megaprojects in the Desert Sap Saudi Arabia’s Cash

    Among the most expensive elements are an array of what he calls “gigaprojects.” They include New Murabba, a Riyadh development with the giant cube, and a yacht resort on the Red Sea. The most notable is a planned sci-fi-like city of nine million called Neom that features a pair of mirror-glass-covered, 110-mile-long buildings taller than the Empire State Building with a $500 billion price tag.  Much of the spending is only just ramping up. A $62 billion Riyadh gigaproject called Diriyah is a sea of construction cranes, while armies of excavators are digging foundations for the first sections of Neom’s lengthy towers. Neom last month committed $5 billion to build a dam at the base of a planned arid mountain ski resort marked by its heavy reliance on artificial snow-making. 

  • Saudi Arabia launches $373 million road projects in Makkah

    The Makkah region in Saudi Arabia has embarked on a significant infrastructure development initiative with the launch of 20 road projects worth SAR1.4 billion ($373 million). With a total length of 385km, the projects aim to enhance connectivity and facilitate travel within the region. Led by Prince Saud bin Mishaal bin Abdulaziz Al Saud, Deputy Prince of Makkah, the projects underscore the government’s commitment to modernizing transportation networks and supporting the needs of pilgrims visiting the holy cities of Makkah and Madinah.