SUSTG.com / Research

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

Recent stories from sustg

MUST-READS

  • Mohamed Salah’s agent shuts down potential Saudi Arabia transfer from Liverpool

    Mohamed Salah’s agent has dismissed speculation that the Liverpool attacker could join the exodus to Saudi Arabia this summer. Reports in the Middle East claimed that Al Ittihad are prepared to pay a fee of £60million ($76.3m) and offer the Egypt international around £155m in wages over the course of two years. However, his representative, Ramy Abbas, insists that Salah has no interest in ending his six-year stay at Anfield.

  • Saudi Arabia brings together international teams to participate in Camel Festival

    Teams from around the world have arrived in Saudi Arabia to participate in the Crown Prince Camel Festival which commenced on Tuesday. Countries including the US, France, Switzerland, Oman, Bahrain, the UAE, Jordan, Qatar, Kuwait, Sudan and Egypt, along with Saudi Arabia, will participate in the fifth edition of the sport at the historic Taif Camel Field, running through September 7, according to the official Saudi Press Agency (SPA).

  • Saudi Arabia brings together international teams to participate in Camel Festival

    Teams from around the world have arrived in Saudi Arabia to participate in the Crown Prince Camel Festival which commenced on Tuesday. Countries including the US, France, Switzerland, Oman, Bahrain, the UAE, Jordan, Qatar, Kuwait, Sudan and Egypt, along with Saudi Arabia, will participate in the fifth edition of the sport at the historic Taif Camel Field, running through September 7, according to the official Saudi Press Agency (SPA).

  • Saudi Arabia’s Sabic: World’s Biggest Chemical Firm Sees Profit Plunge

    The Riyadh-based company known as Sabic said its “target markets were subject to a continuous decline in demand and an increase in supply for most of the company’s products, leading to lower average selling prices.” “The global economy is continuously slowing down as a result of tightening monetary policies to confront inflation, leading to weaker demand and a decrease in the average selling prices of the company’s products as well as lower quantities sold,” it said.

  • MSC Loreto Becomes Largest Container Ship To Ever Dock On Any Saudi Arabian Port

    The MSC Loreto is a massive ship, measuring a whopping 400 meters long, 61.3 meters wide, and with a depth of over 33 meters. It’s like a floating city! With its incredible size, the ship can carry an impressive 24,346 standard containers – a lot of cargo! It also boasts a draft of 17 meters and can sail at a maximum speed of 22.5 knots, making it one of the fastest ships.

  • Opinion: Biden wants to bring Israel and Saudi Arabia together. But why?

    But the Biden administration is trying to formalize the fact that Israel and Saudi Arabia in recent years have quietly grown closer, in part due to their shared enmity for Iran’s Middle East influence and through less-public collaborations on technology and the military. And several other Arab states normalized relations with Israel under President Donald Trump’s Abraham Accords in 2020. Those transactional deals induced Arab states to make peace in return for the goodies they had sought from the US and Israel. The Biden administration initially distanced itself from that Trump policy but has since redoubled efforts, with Saudi Arabia as the prize.

  • Saudi Arabia to Give Yemen $1.2 Billion Support to Back Budget

    Saudi Arabia will provide a new $1.2 billion financial support package to Yemen, the latest aid provided by the kingdom to its war-torn neighbor as it looks to move a long-standing truce into a formal peace agreement. The deal, announced Tuesday by the Saudi government, comes as Yemen lies on the verge of financial collapse due to last year’s block on oil exports, after the Iran-backed Houthi rebels attacked terminals and threatened to carry out more assaults. They are demanding that salaries of government employees in the areas under their control should be issued from oil revenues.

  • Hollywood Gets Snubbed in Saudi Arabia as Arabic Films Dominate

    “Fifty percent of the population in Saudi does not speak English,” explains Gianluca Chakra, head of regional distributor Front Row, which, via its Front Row Arabia joint venture with exhibition giant Muvi, was behind the releases of Sattar, House of Ruby and The Boogeyman. “They just relate to local stuff.”

  • Hollywood Gets Snubbed in Saudi Arabia as Arabic Films Dominate

    Even before Sattar’s release just before the new year, lower-budget regional productions had increasingly been muscling out major studio tentpoles — many (many) times more expensive and backed by global marketing firepower — in a manner very few would have expected back in April 2018, when Black Panther became the first commercial film to be given a public screening in Saudi Arabia in 35 years.

  • Doubling Down on Saudi Arabia Stocks Helps EM Fund Manager Beat Peers

    Saudi Arabia’s stocks offer some of the best buying opportunities in emerging markets, if investors look beyond oil, according to a top-performing fund manager. The kingdom’s initiatives to reduce its economic reliance on crude will boost the market even as the global backdrop may be challenging, says Fiera Capital’s Dominic Bokor-Ingram, who has doubled his fund’s exposure to Saudi stocks to 20%. His EM fund has beaten 99% of peers this year, according to data compiled by Bloomberg.