SUSTG.com / Research

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

Recent stories from sustg

MUST-READS

  • Saudi Arabia’s industrial sector to benefit from agreement between the Ministry of Industry, Digital Government

    Saudi Arabia's industrial sector is set to see closer integration of its digital platforms and the development of new online products thanks to an agreement between the Ministry of Industry and Mineral Resources and the Digital Government Authority. Under the deal, the MIMR will provide advisory support regarding decisions and regulations related to digital transformation and digital government work in order to enable the ministry to activate all industrial sector services, according to the Saudi Press Agency.

  • Saudi government raises $5bn in 2022 to become the MENA’s biggest debt issuer

    Saudi Arabia’s government was the Middle East and North Africa’s biggest debt issuer in 2022 as it raised $5 billion, according to a report released by global provider of financial market data and infrastructure Refinitiv. The Kingdom’s administration was also in the lead when it came to the issuance of Islamic bonds, securing $2.5 billion. The UAE government came second in the ranking with $3 billion, the report disclosed.

  • Saudi government raises $5bn in 2022 to become the MENA’s biggest debt issuer

    Saudi Arabia’s government was the Middle East and North Africa’s biggest debt issuer in 2022 as it raised $5 billion, according to a report released by global provider of financial market data and infrastructure Refinitiv. The Kingdom’s administration was also in the lead when it came to the issuance of Islamic bonds, securing $2.5 billion. The UAE government came second in the ranking with $3 billion, the report disclosed.

  • Saudi Arabia gives government agencies limited options to contract with foreign firms

    Article Six of the regulations states that it does not prevent companies that do not have regional headquarters in the Kingdom or any related party from submitting offers for public biddings by any of these agencies, provided that these entities do not accept the submissions of these companies or related parties except on two occasions: The first is when there is only one technically acceptable offer, and the second is when the offer submitted by the company, which does not have a regional headquarters in the Kingdom or the related party, submitted the best offer after the overall evaluation from a technical point of view and is financially 25 percent more or less than the value of the second best offer.

  • Amak obtains exploration licence from Saudi government

    The Saudi Ministry of Industry and Mineral Resources has licensed Almasane Alkobra Mining Company (Amak) to explore gold, zinc, and copper in Aseer province. Under the licence that was issued on 2 January 2023, Amak will explore an area of 20.67 square kilometres in Dhahran Al Janub, according to a recent bourse filing.

  • Finance Ministry launches e- service for government fee payment from outside Saudi Arabia

    The Ministry of Finance, represented by the National Center for Government Resources Systems (NCGR), launched the electronic payment service for government services fees from within and outside Saudi Arabia. The service will be implemented in cooperation with the Digital Government Authority (DGA). This will be through a collection system for government agencies, which allows the beneficiary to complete the process of paying his service fees through the platform of each government agency that works for the service through bank payment methods such as Mada, Visa, MasterCard, and Sadad.

  • Government support drives telehealth in Saudi Arabia

    Globally, new hybrid models of care delivery involving face-to-face and remote care are emerging post-pandemic, ensuring constant patient-physician communication and patient experience are not compromised. This is propelled by the increased uptake of digital health solutions such as telehealth. The Kingdom of Saudi Arabia (KSA) is moving in the same direction, and this is evident from the strong growth forecasted for telehealth, which includes virtual visits, mHealth, and remote patient monitoring (RPM) in the region. This is estimated to reach US$415.4 million by 2025, according to a Frost & Sullivan analysis. While virtual visits/ consultations have an emerging adoption rate, remote patient monitoring technologies currently have a low adoption rate in Saudi Arabia.

  • German government approves arms exports to Saudi Arabia: reports

    Germany's coalition government has approved new arms export deals to Saudi Arabia, media reported on Thursday. The reports emerged after German Chancellor Olaf Scholz returned from a trip to Saudi Arabia, the United Arab Emirates (UAE) and Qatar. Berlin had imposed a ban on weapons exports to Riyadh over its involvement in the war in Yemen, as well as accusations of murdering the dissident US-Saudi journalist Jamal Khashoggi.

  • Saudi Arabia implements Data Driven-Government to realise digital economy as part of the Vision 2030

    Saudi Arabia, which is executing the third phase of the three-stage data-driven government or the National Strategy for Digital Transformation, is currently bringing all the public services under a single digital platform as part of the Smart Government Strategy (2020-2024), that once implemented, will deliver public services through smart phones, on the citizen’s fingertips.

  • Saudi Crown Prince named prime minister in cabinet reshuffle, meet the new government

    Saudi Arabia's King Salman named Crown Prince Mohammed bin Salman as the Kingdom's prime minister and Prince Khalid bin Salman as defense minister, according to a royal decree issued on Tuesday.