SUSTG.com / Research

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

Recent stories from sustg

  • The problem with taxing foreign-earned income
     

    Eritrea is one of only two countries in the world that applies citizenship-based taxation in addition to residence-based taxation.  The other? The United States of America. In fact, the US is the ONLY industrialized country in the world to impose citizenship-based taxation. The immediate result for American expatriates is a blizzard of confusing and complex […]

     
  • Saudis allow women to compete
     

    Saudi Arabia is to allow its women athletes to compete in the Olympics for the first time. Officials say the country’s Olympic Committee will “oversee participation of women athletes who can qualify”. The decision will end recent speculation as to whether the entire Saudi team could have been disqualified on grounds of gender discrimination.

     
  • Education, Women’s Empowerment and Change
     

    There has been a significant investment in education, which is great. In the last eight or nine years the number of Saudi Universities has more than quadrupled from about seven to over 30. Some of that increase has been through splitting up existing, very large universities, like King Abdul Aziz University, into more manageable sizes. […]

     
  • Saudi car sector to accelerate
     

    Strong fundamentals coupled with a rapidly growing young population made Saudi Arabia the largest importer of vehicles and automotive parts in the Middle East in 2011, with the pace seen accelerating in the medium term, the National Commercial Bank said in its report on the Kingdom’s automotive sector released Wednesday. It noted that rising income […]

     
  • The Importance of Economic Diversification for Saudi Arabia
     

    In a clear break from past trends, Saudi Arabia’s private sector is growing. This trend can be in part explained by the increase in bank lending to private sector. In year-on-year terms, lending growth was at its highest since March 2009. More specifically, bank lending to private sector rose by 1.1 percent in April to […]

     
  • Saudi Arabia names Defense Minister Prince Salman new heir to throne
     

    Saudi Arabia’s ruler named Defense Minister Prince Salman bin Abdul-Aziz is the country’s new crown prince Monday — an expected nod that leaves power still within an aging and shrinking circle of leaders in one of the West’s most critical Middle East allies.

     
  • Saudi Arabia mourns death of Crown Prince Naif
     

    The funeral prayers for the Saudi Crown Prince Naif bin Abdul Aziz will be held at the Haram Mosque in Makkah following the Maghreb prayer today. The body will then be buried at the graveyard in the holy city. Muslim leaders from across the world started arriving in Jeddah on their way to Makkah to […]

     
  • Saudi Crown Prince Nayef dies
     

    Saudi Crown Prince Nayef bin Abdulaziz, a hard-line conservative who is credited with pushing back al Qaeda, has died, Saudi state TV said on Saturday. Nayef, who had been named crown prince in October by his brother the king, was heir to the Saudi throne. State TV is broadcasting Quran readings as an expression of […]

     
  • Jadwa Investments May 2012 Inflation Report for Saudi Arabia
     

    Jadwa Investment’s recently released May inflation report for Saudi Arabia found a year-on-year decrease in inflation to 5.1 percent, the lowest since August 2011. Jadwa noted that the decline “was due to a fall in inflation for ‘other expenses and services,’ which stems from lower gold prices.”

     
  • Saudi Arabia remains largest takaful market
     

    The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an integral part of the mainstream financial system, with Saudi Arabia at the forefront, Ernst & Young executive said Wednesday at the opening of “The World takaful Conference: Asia Leaders Summit (WTC: ALS 2012)” at Hotel Istana, Kuala Lumpur. South East […]

     

MUST-READS

  • Saudi summer entertainment to enthrall 16 cities

    A major entertainment calendar is due to kick off this week in Saudi Arabia, covering 16 cities across the kingdom where the entertainment industry is experiencing an unprecedented boom. The “Kingdom’s Tour 2023” will take place in the cities of Riyadh, Dammam, the Northern Borders, Hafr Al Batin, Tabuk, H’ail, Al Qassim, Al Ihsa, Al Kharj, Wadi Al Dawasir, Jeddah, Taif, Al Namas, Al Baha, Jizan and Abha.

  • Chart: Cars Still Dominate the American Commute

    According to Statista Consumer Insights, 73 percent of American commuters use their own car to move between home and work, making it by far the most popular mode of transportation. Meanwhile, only 13 percent of the 7,649 respondents use public transportation while 11 percent ride their bike. As our chart shows, alternatives to the car have become more popular since 2019, but none comes close to challenging the car's status as the king of the American commute.

  • Neom Green Hydrogen Energy Company closes $8.4bn in investment deals for plant

    Saudi Arabia's Neom Green Hydrogen Company has signed deals worth $8.4 billion with financial institutions for the plant it is building at Oxagon in the kingdom's $500 billion futuristic city Neom. The equal joint venture between Acwa Power, Air Products and Neom is billed as the world’s largest green hydrogen production facility. It will integrate up to 4 gigawatts of solar and wind energy to produce up to 600 tonnes per day of carbon-free hydrogen by the end of 2026 in the form of green ammonia. The project is being financed with $6.1 billion non-recourse financing from 23 local, regional and international banks and investment companies, Neom said on Monday.

  • Neom Green Hydrogen Energy Company closes $8.4bn in investment deals for plant

    Saudi Arabia's Neom Green Hydrogen Company has signed deals worth $8.4 billion with financial institutions for the plant it is building at Oxagon in the kingdom's $500 billion futuristic city Neom. The equal joint venture between Acwa Power, Air Products and Neom is billed as the world’s largest green hydrogen production facility. It will integrate up to 4 gigawatts of solar and wind energy to produce up to 600 tonnes per day of carbon-free hydrogen by the end of 2026 in the form of green ammonia. The project is being financed with $6.1 billion non-recourse financing from 23 local, regional and international banks and investment companies, Neom said on Monday.

  • Commentary: Can US rail plan woo Middle East states away from China’s belt and road?

    Reaction to the US infrastructure plan from the media in India - an opponent of China's belt and road vision - was positive, but analysts said the Middle Eastern countries were likely to be wary of a partnership with the US while the project's financing was unclear. The UAE did not release a statement after the Sullivan meeting, while Saudi Arabia's output did not touch on the infrastructure project. Both countries are participants in the belt and road.

  • Saudi Film Commission Empowers Emerging Talent With Support Programs

    With original content and fresh storytelling, Saudi Arabia’s local breakthrough talent are smashing box office records and driving a new wave of Saudi cinema. The kingdom now boasts a developing ecosystem, state-of-the-art film facilities and financial incentives, empowering Saudi creatives to capitalize on these unprecedented support systems and make films that are finding audiences, acclaim and commercial success.

  • Mataf Expansion Building in Grand Mosque named Saudi portico

    Sheikh Abdul Rahman Al-Sudais said that the Saudi portico that surrounds the Abbasid portico features a much wider area that the Grand Mosque has not seen before. It consists of four floors, which are the ground floor, the first floor, the second floor mezzanine, and the roof. The Saudi portico and the mataf have the maximum capacity to accommodate 287,000 worshipers, and 107,000 performers of tawaf per hour.

  • Former Israeli soldier returns key to Al-Aqsa Mosque after 56 years

    "I arrived at the Al-Mughrabi Gate (in the western corridor of Al-Aqsa Mosque)…and when I looked at the left side, I found a key. I don't know why I put my hand on it and took it," he said. "I put the key in my pocket, and since then, I've had it in my possession," he added. Barack said that after 40 or 50 years, he began feeling uncomfortable that the key was still with him "simply because I stole it and I now decided to return it."

  • Why technology is key to decarbonising the whole MENA region

    Based on this analysis, the optimal pathway to emissions reduction in MENA will differ from other regions. Its natural resources and climatic conditions require MENA countries to focus more on technology-based solutions. Emissions reduction is likely to cost significantly more in MENA than in other regions. For example, the optimal decarbonisation pathway for the North American/European country was afforestation, which has a 33% higher abatement potential per unit of investment than the optimal pathway in MENA (solar).

  • Why technology is key to decarbonising the whole MENA region

    Based on this analysis, the optimal pathway to emissions reduction in MENA will differ from other regions. Its natural resources and climatic conditions require MENA countries to focus more on technology-based solutions. Emissions reduction is likely to cost significantly more in MENA than in other regions. For example, the optimal decarbonisation pathway for the North American/European country was afforestation, which has a 33% higher abatement potential per unit of investment than the optimal pathway in MENA (solar).