SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
Saudi Arabia Plans $2 billion Boost for Space Program by 2030
- October 28,2020
•
- SUSTG Team
Saudi Arabia is planning an 8 billion riyals ($2.1 billion) boost for its space program, The Saudi Space Commission (SSC), by 2030 under an economic diversification plan that aims to attract foreign investment and create thousands of jobs for young Saudis, Reuters reports.
-
Road to the G20: Two-Day Virtual B20 Begins Today
- October 26,2020
•
- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. This week, Saudi Arabia will host the B20 business-focused group, as well as the T20 meetings later this week.
-
G20 Saudi Secretariat Announces Digital Summit to Discuss Inclusive Growth in Aftermath of Covid-19
- October 20,2020
•
- SUSTG Team
The G20 Saudi Secretariat as part of the International Conference program announces a four-day digital event series to explore how businesses, governments, and citizens can drive opportunities for inclusive growth through regulation, new technologies, and long-term strategic approaches in the aftermath of the Covid-19 pandemic.
-
Saudi Aramco in Talks with BlackRock, Others for $10 Billion Pipeline Deal
- October 14,2020
•
- SUSTG Team
Saudi Aramco is in talks with U.S.-based global investment management corporation BlackRock and other investors on a planned deal worth over $10 billion to sell a stake in its pipeline business, sources told Reuters, although the deal is still in early stages.
-
Arab News Launches ‘Research and Studies’ Unit to Deliver ‘Thought-Provoking Studies by Experts on Regional Affairs’
- October 13,2020
•
- SUSTG Team
Arab News, Saudi Arabia’s leading English-language daily news publication, has announced the establishment of a new Research and Studies Unit (RSU) which will “deliver thought-provoking studies written by a team of acclaimed resident and non-resident experts on a number of regional affairs,” according to a press release from the company.
-
Virginia-Based SAIC Wins $49.5 Million U.S. Navy Contract for Royal Saudi Naval Forces
- October 9,2020
•
- SUSTG Team
The U.S. Navy awarded Reston-based Science Applications International Corp. (SAIC) a $49.5 million single-award task order to continue to provide the Royal Saudi Naval Forces support services for command, control, communications, computers, and intelligence, surveillance and reconnaissance (C4ISR) upgrade and refurbishment, a press release issued by the company confirms.
-
Road to the G20: This Week’s Events Include Civil Society (C20), Tourism Meetings
- October 5,2020
•
- SUSTG Team
SUSTG is covering the events and meetings taking place in the run up to the G20 in November as part of our “Road to the G20” series of posts and featured items. This week, Saudi Arabia will host virtual meetings on Civil Society (C20), as well as meetings on tourism and a workshop on sustainable mobility.
-
Saudi Government Lifts Suspension of Entry and Exit into Saudi Arabia for Residents, Visa Holders
- September 18,2020
•
- SUSTG Team
The Government of Saudi Arabia announced changes effective September 15 that allow holders of current residence permits (known as “iqamas”) with a valid entry/exit visa as well as holders of a valid business or visit visa to enter (including exit and re-enter) Saudi Arabia, according to an advisory provided to SUSTG.
-
Report: Saudi Binladen Group Seeks to Accelerate Corporate-Debt Revamp
- September 9,2020
•
- SUSTG Team
Troubled construction giant Saudi Binladin Group (SBG) plans to hire additional advisers “to accelerate one of the Middle East’s biggest corporate-debt revamps and tackle its estimated $15 billion debt pile,” Bloomberg reports.
-
Pandemic Continues to Ease in Saudi Arabia; Authorities ‘Encouraged by the Resilience Demonstrated by the Saudi Economy’
- September 4,2020
•
- SUSTG Team
The Coronavirus pandemic continues to ease in Saudi Arabia, with daily new cases remaining under 1,000 this week and trends continuing in a positive direction in what may potentially provide a boost to the Kingdom’s economy in the months ahead.
- 10 of 814 results<< 1 … 31 32 33 34 35 … 82 >>
MUST-READS
-
Reliance to Separate Oil-to-Chemicals Business Amid Aramco Talks
Reliance Industries Ltd. announced plans to carve out it oil and petrochemicals business into a separate entity before a proposed stake sale to Saudi Arabian Oil Co., the kingdom’s main oil producer. Reliance will approach the National Company Law Tribunal to hive off the oil-to-chemicals division, it said in a statement Thursday. The separation may help expedite the deal with Saudi Aramco, once talks and due diligence conclude.
-
Saudi government survey measures impact of COVID-19 on business
The General Authority for Statistics (GASTAT) has launched an electronic survey to measure the impact of the COVID-19 crisis on the private sector in the Kingdom.
-
Saudi’s small businesses get boost from new SAMA licensing rules
New licensing rules in the Kingdom should give a much needed boost to small businesses, says finance chiefs. The Saudi Arabian Monetary Agency (SAMA) this week published new rules which aim to regulate the licensing process for such companies and how they conduct their business.
-
Agri-tech business lands $100m to support food security in UAE and Saudi
Abu Dhabi agri-tech start-up Pure Harvest Smart Farms secured a multi-stage investment commitment of $100 million (Dh367m) with Wafra International Investment Company to fund hiring and massive expansion of its sustainable greenhouses in the UAE and Saudi Arabia. Wafra is leading Pure Harvest’s $20.6m Series A financing round with an initial $10m, the first step in a multi-phase regional growth plan that will include increasing headcount from 19 to 90, and a new six-hectare farm in Riyadh, Saudi Arabia, the company’s first foray into the kingdom.
-
Saudi Arabia Tells Banks to Support Businesses to Avoid Job Cuts
The Saudi Arabian Monetary Authority wants banks to immediately put in place a lending program for at least six months to “assist in maintaining employment levels,” according to a document sent by the regulator to lenders and seen by Bloomberg. Banks should also provide relief on debt repayments for any customers that have already been dismissed, SAMA, as the central bank is known, said in the circular.
-
Saudi, UAE businesses battle cash crunch despite anti-coronavirus stimulus
Saudi Arabia and the United Arab Emirates are spending tens of billions to prop up their economies during the coronavirus crisis and oil price slump but the scaling back of state projects is blunting the impact.
-
A time for Saudi Arabia’s business community to lead
In concert with this initiative, we have joined with the World Health Organization and the International Chamber of Commerce — as the representative of 45 million businesses worldwide — to call on the governments of the G20 to implement a common framework for coordinated global action to support national priorities aligned with combating the COVID-19.
-
Guide to Business Continuity in Case of Emergency
The Saudi Ministry of Investment has released a 12-page Guide to Business Continuity in Case of Emergency: Coronavirus Covid-19.
-
Saudi women rising up in business in line with Vision 2030
The World Bank report “Women, Business, and the Law 2020” recognized Saudi Arabia as the top reformer globally in the last year. Saudi Arabia implemented historic reforms to advance women’s economic participation. The measures introduced freedom of travel and movement for women over the age of 21.
-
Dubai businesses, hurt by coronavirus, pin hopes on Expo
Luxury car rental dealer Sheshan Gautham had a disappointing start to 2020 when nearly two thirds of his Chinese clients canceled bookings in January due to the coronavirus outbreak. The business, Uptown Rent A Car, took the hit and Gautham thought the worst was over. But then Saudi Arabia, his biggest source of customers, halted flights to and from the United Arab Emirates this week to stop the virus spreading.
- 10 of 598 results<< 1 … 32 33 34 … 60 >>
