SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Saudi PPP to Invest $15 Billion in New Technology Fund – Report
- July 29,2021
•
- SUSTG Team
A Saudi public-private partnership will launch a $15 billion technology fund “to advance the digital infrastructure in the Kingdom,” a report in Arab News said, based on an announcement at a conference in Riyadh on Wednesday.
-
Finance, Insurance Sectors in Saudi Arabia Latest to Move Toward 100% Saudization
- July 28,2021
•
- SUSTG Team
The finance and insurance sectors in Saudi Arabia will move toward implementing total Saudization with the hiring of Saudi nationals in as many as 91,000 jobs that are currently occupied by non-Saudis, according to a report from the local Okaz/Saudi Gazette.
-
Saudi Startups Raise Over $250m So Far in 2021, Report Says
- July 19,2021
•
- SUSTG Team
Dubai-based research platform Magnitt says Saudi Arabian startups raised more than a quarter of a billion dollars in venture capital (VC) funding during the first half of 2021, as the Kingdom looks to continue to develop entrepreneurship within its borders. Magnitt says that VC funding in MENA increased by 12% from FY’20, “marking a quarterly […]
-
IEA: Lack of Agreement in OPEC+ Means Volatility, Tightening Market
- July 13,2021
•
- SUSTG Team
The oil market will see tighter supply for now as a dispute inside OPEC+ between Saudi Arabia and the UAE goes unresolved, according to a new report from the International Energy Agency (IEA). World oil markets are on edge with OPEC+ negotiations to boost supply now in deadlock, and after initially surging to multi-year highs in early […]
-
Uncertainty Inside OPEC+ Causes Oil Price Flux
- July 9,2021
•
- SUSTG Team
Oil prices continued to see increased volatility as traders attempt to understand how the Saudi-UAE chasm on production might affect supply in the coming months, according to reports.
-
Saudi Arabia to Invest Over $133 Billion in Transportation Sector as Details of New Plan Emerge
- July 6,2021
•
- SUSTG Team
New details are emerging regarding Saudi Arabia’s new plans to turbocharge growth in the Kingdom’s transportation sector and place it in more direct competition with the UAE as a hub connecting east and west, according to comments from the Kingdom’s transportation minister this week. Saudi Arabia will invest over 500 billion riyals ($133.34 billion) in airports, […]
-
Crown Prince Mohammed bin Salman Launches New Transportation and Logistics Strategy
- June 30,2021
•
- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday launched a new strategy that aims to make the kingdom a global logistics hub and boost the sector’s contribution to non-oil revenues, according to reports. The plans include an “ambitious package of mega-projects” and focuses on aviation, rail, and maritime shipping and logistics, according to the SPA.
-
83% of SMEs in Saudi Arabia Optimistic About Future Growth, New Mastercard Middle East Study Finds
- June 28,2021
•
- SUSTG Team
83% of small and medium enterprises (SMEs) in Saudi Arabia are optimistic about the next 12 months, according to the latest research by Mastercard in a new report released by the company.
-
Yergin: Saudi Leadership in OPEC+ Played Significant Role in ‘Incredible Strong Global Economic Recovery’
- June 21,2021
•
- SUSTG Team
Saudi Arabia’s leadership in the OPEC+ group of oil-producing nations “brought a kind of predictability and stability and caution to the market” as the global economy recovers from the pandemic in 2021, Pulitzer Prize-winning historian of the oil industry Daniel Yergin told Arab News‘ Frank Kane in an interview.
-
Saudi Arabia Plans to Auction Two Major Mining Licenses in 2022 as Kingdom Seeks to Boost Foreign Investments
- June 18,2021
•
- SUSTG Team
Saudi Arabia will begin auctioning off two licenses to mine in then mineral-rich Kingdom starting next year, the vice-minister for mining affairs, Khalid al-Mudaifer, told S&P Global Platts on June 16 in an exclusive interview. The mining sector in Saudi Arabia has $1.3 trillion in untapped potential reserve value, according to the minister.
- 10 of 814 results<< 1 … 26 27 28 29 30 … 82 >>
MUST-READS
-
Women, Business and the Law 2021: KSA Makes Progress, Moves above World Average
56 of the 190 economies fall below the world average. 42 of these in the bottom 40% are member countries or territories of the Organisation of Islamic Cooperation. In all, there are 56 Islamic economies on The World Bank Index. Saudi Arabia and Bahrain both improved by 9.4 points, reaching 80 and 55.6, respectively.
-
India’s Reliance sees oil-to-chemicals business spin off in September quarter
India’s Reliance Industries Ltd expects to hive off its oil-to-chemicals (O2C) business into a 100% subsidiary in the September quarter, the company said on Tuesday, paving the way for a stake sale in the new company. Reliance, which operates the world’s biggest refining complex, is in talks with Saudi Aramco to sell a fifth of its O2C business.
-
Saudi Aramco prepares $10 bln loan for pipeline business buyers – sources
The planned pipeline sale would be similar to infrastructure deals signed over the last two years by Abu Dhabi's national oil company ADNOC, which raised billions of dollars by leasing its oil and gas pipeline assets to investors, sources have previously said.
-
The Middle East’s Power Businesswomen 2021
Overall, this year’s power businesswomen hail from 19 countries and work across 16 sectors. Egypt scored the most entries in the list with eight, followed by the U.A.E with seven. The banking and financial services sector is the most dominant, with 16 entries.
-
Uber’s Mideast business Careem sees recovery slowing as infections rise
Uber’s Middle East business Careem is seeing a slowdown in the recovery of its ride-hailing business due to a new wave of COVID-19 infections, and tentatively forecast business would return to pre-pandemic levels by the end of the year.
-
American Chamber of Commerce: Why Biden will be business as usual for US-KSA economic ties
AmCham recently launched its first chamber in Saudi Arabia. It is part of the United States Chamber of Commerce umbrella that has hundreds of branches around the world. In the region, there are already branches in Dubai and Abu Dhabi, as well as in Egypt and Lebanon.
-
The American Chamber of Commerce launches AmCham KSA to represent the American business community in the Kingdom
The new organization builds on 40 years of experience and its reputation as a leading platform for American businesses in Saudi Arabia under the former moniker of the American Business Group of Riyadh (ABGR). The move from ABGR’s independent operation to AmCham KSA marks the partnership with the global network of the American Chambers of Commerce. Specifically, the transition to a powerful global brand and an extensive network of top international professionals signals a renewed focus on advancing a strong bilateral relationship between the Kingdom and the United States.
-
Overdue business rents waived by Saudi court
The new regulations also cover construction contracts, supply contracts, and the like, which have been affected by the pandemic.
-
Businesses in Saudi Arabia are showing signs of recovery, with some big winners
Some of the most optimistic people did not expect to see the rapid recovery of startups and small and medium enterprises (SME) in Saudi Arabia, following both the lockdown due to the Covid-19 pandemic and the increase of VAT. In addition, few expected to see the dynamic transformation of business models across many of the startups and SMEs, along with the overall growth of some within this sector. The notable and rapid intervention of the Saudi government, and the introduction of various initiatives to support these companies are to be credited for this recovery.
-
Saudi Crown Prince launches zero-carbon city in NEOM business zone
Saudi Arabia’s crown prince unveiled plans on Sunday to build a zero-carbon city at NEOM, the first major construction project for the $500 billion flagship business zone aimed at diversifying the economy of the world’s largest oil exporter. Prince Mohammed bin Salman, in a rare televised appearance, said the city, known as “The Line”, would extend over 170 km (105 miles) and be able to house a million residents in “carbon-positive urban developments powered by 100% clean energy”.
- 10 of 598 results<< 1 … 27 28 29 … 60 >>
