SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
List of World’s Top Golfers Competing at Third Saudi International Grows as Kevin Na Commits
- January 21,2021
•
- SUSTG Team
The field of competitors for next month’s Saudi International powered by Softbank Investment Advisers is growing as another top golfer in the world has joined some of the sports biggest names confirmed to compete in Saudi Arabia. Five-time PGA Tour winner Kevin Na, who won the PGA Tour’s Sony Open in Hawaii on Sunday, is […]
-
First American Chamber of Commerce Established in Riyadh; ABGR Becomes AmCham KSA
- January 20,2021
•
- SUSTG Team
The American Business Group of Riyadh (ABGR) has formally become part of the global network of the American Chambers of Commerce with the announcement that the group will now be known as the American Chamber of Commerce in Saudi Arabia (AmCham KSA), the first such establishment of its kind in the Kingdom.
-
After Strong Finish in 2020, Oil Likely to Continue Steady Comeback in 2021 — Jadwa Investment
- January 18,2021
•
- SUSTG Team
After a strong finish to 2020, oil demand will continue rising in Q1 and during the rest of the year on a quarterly basis, but still end up 3 percent lower than pre-COVID-19 levels by the end of 2021, a recent report by Jadwa Investment on the market said.
-
Saudi Arabia’s Crown Prince Says Kingdom Offering $6 Trillion in Investment Opportunities Over Next Decade
- January 14,2021
•
- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman said the Kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, he said in a speech at the World Economic Forum on Wednesday.
-
In Rare Televised Appearance, Crown Prince Mohammed bin Salman Launches ‘The Line’, a Zero-Carbon Emissions City at NEOM
- January 11,2021
•
- SUSTG Team
In a rare televised appearance on Sunday, Saudi Arabia’s Crown Prince Mohammed bin Salman unveiled ambitious plans for a new carbon-free city at NEOM, in the Kingdom’s northwest along the Red Sea.
-
Positive Economic Data Seen in Latest Saudi Chartbook for January 2021 – Jadwa Investment
- January 4,2021
•
- SUSTG Team
A more optimistic Saudi private sector reacting to the start of the vaccine rollout in the Kingdom is is being credited for positive data seen for Saudi Arabia’s economy, Jadwa Investment says in its latest Charbook for the month of January 2021. Saudi Arabia’s non-oil PMI saw a significant monthly rise in November, the latest data available and reported […]
-
Saudi Arabia’s PIF Makes Two Moves in Security, Defense Space
- December 29,2020
•
- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) and its defense subsidiary SAMI announced separate moves in the defense and security space this week, according to reports. The PIF said Tuesday it had established a company to develop and expand the private security sector in the Kingdom, creating the National Security Services Co. (SAFE). SAFE will focus on […]
-
More Golf Stars Join List of Committed Players for Saudi International in February
- December 23,2020
•
- SUSTG Team
More international golf stars have joined the growing list of players who have committed to playing in the Saudi International at Royal Greens Golf & Country Club, beginning February 4th 2021. Norwegian youngster Viktor Hovland and American Ryder Cup star Tony Finau are the latest top international stars to confirm their entry for the third edition […]
-
Saudi Arabia’s Tourism Minister: Kingdom Needs to Inject $200 Billion into Industry — Report
- December 22,2020
•
- SUSTG Team
Saudi Arabia’s tourism minister Ahmed Al-Khateeb dismissed naysayers of the Kingdom’s ambitious tourism plans, telling Arab News‘ Frank Kane in an exclusive interview that the Kingdom’s target of obtaining 100 million visits by 2030 is not overambitious with big investments in the industry.
-
Houston-Based Baker Hughes, Saudi Aramco to Develop Oil, Gas Products Using Nonmetallic Resources
- December 9,2020
•
- SUSTG Team
Saudi Aramco and Houston-based Baker Hughes have announced the formation of Novel, a 50/50 Joint Venture (JV) to develop and commercialize a broad range of non-metallic products for multiple applications in the energy sector, the companies said in a press release.
- 10 of 1103 results<< 1 … 44 45 46 47 48 … 111 >>
MUST-READS
-
Amazon.sa’s Investments in Saudi Arabia will Continue to Expand Across Several Businesses
The company’s new offices in Riyadh will support Amazon’s commitment to bringing world-class e-commerce and logistics expertise to Saudi Arabia, delighting customers, empowering independent sellers, and nurturing an environment for the Kingdom’s talent to learn new skills. Ronaldo Mouchawar, Vice President of Amazon Middle East and North Africa (MENA), shed light on Amazon’s ongoing expansion and investment in Saudi Arabia’s growing digital economy to support the Kingdom’s social and economic progress in line with Saudi Vision 2030.
-
Adipec 2022: world set to lose 5 million barrels of oil per day if investment stops
The world will lose 5 million barrels per day of oil each year from current supplies if spending comes to a halt, Dr Sultan Al Jaber, managing director and group chief executive of Adnoc, has said. “This would make the shocks we have experienced this year feel like a minor tremor,” he said. “If this year has taught us anything, it taught us that energy security is the foundation of all progress — economic, social and climate progress.” Dr Al Jaber, who is also Minister of Industry and Advanced Technology, was speaking at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) on Monday, where he called for “maximum” energy with “minimum” emissions to ensure global energy security.
-
Israel’s Bank Leumi interested in investments in Saudi, chairman says
Israel's Bank Leumi (LUMI.TA) would like to tap into investment opportunities in Saudi Arabia, Chairman Samer Haj Yehia told a business forum in Riyadh, which he is attending in the latest sign of a potential thawing in Saudi-Israeli relations. The presence of Bank Leumi, one of Israel's two largest banks, at the kingdom's flagship investment event suggested this marked another gesture by Riyadh towards warmer ties with Israel after fellow Gulf states the United Arab Emirates and Bahrain forged ties with Israel in 2020, with Saudi blessings. "We can see that there's a lot of investment going on, and we want to tap into that kind of investment, whether it's on the payment side or on the retail side or on the cryptocurrency side," Haj Yehia told a panel at the FII forum on Thursday.
-
Israeli Business in Saudi Arabia Emerges From Shadows at Investment Conference
On Thursday, the final day of the conference, the chairman of one of Israel’s top banks said he would like to invest in Saudi Arabia’s fintech industry. “The opportunities are amazing,” Bank Leumi’s Samer Haj-Yehia said on a panel that included the Saudi Export-Import Bank’s chief executive. He said he saw the Saudi economy as “very healthy, unlike other economies around the world, and the prospects for the future are very positive.
-
PIF to launch 5 regional investment firms to draw $24bn: Saudi Crown Prince
The PIF, which manages about $620 billion in assets and aims to grow that to over $1 trillion by 2025, was the second most active state investor between January and October, with 39 deals valued at $17.2 billion during the period, according to wealth fund tracker Global SWF.
-
Saudi Arabia’s Future Investment Initiative Conference in Riyadh: Latest News + Updates
JPMorgan Chase CEO Jamie Dimon and his Goldman Sachs counterpart David Solomon said a recession in the US and Europe is increasingly likely. Solomon said economic conditions are going to “tighten meaningfully from here” as the Federal Reserve has made it clear it is going to raise to the path target for interest rates. “When there’s an economic scenario where inflation is embedded it’s very hard to get out of it without a real economic slowdown,” he said at Saudi Arabia’s Future Investment Initiative conference in Riyadh.
- Bloomberg - Dimon Warns Geopolitical Issues Are Bigger Worry Than Recession
- Video - Dalio Says Unsound Finances Pose Risk to US Productivity
- France24 - Growing 'Davos in the Desert' a sign of Saudi clout
- Al Arabiya - Sixth edition of FII opens in Riyadh with eyes firmly set on new global order
- Reuters - Goldman's Solomon: Fed could raise beyond 4.5-4.75% if no 'real changes in behaviour'
-
BMW to manufacture six EV models in the US; announces $1.7 billion investment
By 2030, the group plans to build at least six fully electric models in the US. The investment in its US operations includes $1 billion to prepare for the production of electric vehicles at its existing manufacturing facility in Plant Spartanburg in South Carolina, and $700 million to build a new high-voltage battery assembly facility in nearby Woodruff.
-
Saudi Arabia and South Africa sign 11 agreements, MoUs to boost investment
Saudi Arabia and South Africa signed 11 agreements and Memoranda of Understanding to boost investment in energy, water, green hydrogen, waste diversion, and logistics, the official Saudi Press Agency reported on Saturday. The deals were made at the Saudi-South African Investment Forum in Jeddah which was organized by the Kingdom’s Ministry of Investment and was attended by South African President Cyril Ramaphosa.
-
Future Investment Initiative 2022: Biden’s Ire Won’t Keep U.S. Executives From Big Saudi Summit
But those tough words don’t appear to have dissuaded Jamie Dimon and other leaders of corporate America from attending a Saudi-sponsored business conference — popularly known as Davos in the Desert — in Riyadh this month. Mr. Dimon, JPMorgan Chase’s chief executive, who is listed on the conference’s website as a featured speaker, is still expected to attend. So are Steve Schwarzman of the investment giant Blackstone, Ray Dalio of the hedge fund Bridgewater Associates and Michael Arthur, Boeing’s top international executive.
-
Analysis: Xi faces painful gear shift as China’s investment-led growth sputters
China's blistering pace of domestic investment has built the world's largest network of high-speed railways, most of the world's 10 longest bridges, the world's busiest ports but also, by some estimates, enough empty buildings to house the entire population of France. That investment-consumption imbalance is deeper than it was in Japan in the 1980s, before its infamous "lost decades", and with China accumulating total debt worth almost three times GDP.
- 10 of 1173 results<< 1 … 45 46 47 … 118 >>
