SUSTG.com / Research
Discover stories, topics, and more about Saudi Arebia faster.
Recent stories from sustg
-
7 Major Changes to the Kingdom of Saudi Arabia that Happened This Weekend and What They Mean
- April 24,2017
•
- Lucien Zeigler
Over the weekend, Saudi Arabia’s King Salman announced a series of major changes to key leadership positions, a new “national security center” for Saudi Arabia that is affiliated with the Royal Court, and more. Here’s what is different now for Saudi Arabia and what those changes mean for the Kingdom, U.S.-Saudi relations and Saudi Arabia’s […]
-
Secretary of State Rex Tillerson, Saudi Minister of Commerce Dr. Majed Al-Qassabi Deliver Keynote Remarks at U.S.-Saudi Arabia CEO Summit
- April 20,2017
•
- SUSTG Team
Secretary of State Rex Tillerson gave his first on-the-record public speech as Secretary yesterday to the U.S.-Saudi Arabia CEO Summit, hosted by the U.S. Chamber of Commerce, the Saudi Committee for International Trade and the Council of Saudi Chambers of Commerce. The Secretary said that the U.S.-Saudi Relationship should be “taken to new heights” and […]
-
FULL TEXT: Secretary of State Rex Tillerson’s Remarks at the U.S.-Saudi Arabia CEO Summit
- April 20,2017
•
- SUSTG Team
Full text of the Secretary of State’s remarks at the U.S.-Saudi CEO Summit, hosted by the U.S. Chamber of Commerce, the Saudi Committee for International Trade and the Council of Saudi Chambers of Commerce. *** SECRETARY TILLERSON: (Applause.) Well, thanks so much, Tom, and good afternoon to all of you. And Tom and I are old […]
-
Saudi Arabia Looks to Overhaul Billions in Government Projects, Report Says
- April 17,2017
•
- SUSTG Team
Saudi Arabia’s government is ordering its ministries and agencies to review billions of dollars’ worth of unfinished infrastructure and economic development projects “with a view to shelving or restructuring them,” a report in Reuters said, citing government sources. According to the report, Riyadh’s Bureau of Capital and Operational Spending Rationalization, set up last year to make […]
-
Tadawul Announces Update on Progress To Reforms
- April 13,2017
•
- SUSTG Team
Saudi Arabia’s stock exchange, the Tadawul, today provided in a press release “an update of its progress across a range of far-reaching capital market reforms to enhance efficiency, corporate governance, and transparency.” The reforms are part of the Exchange’s efforts to further align Saudi capital market with international standards and make it more attractive to […]
-
New Accounting Standards Cost Saudi $1.3b, but Feared Accountant Shortage Avoided
- April 5,2017
•
- SUSTG Team
Writing in Forbes, contributor Dominic Dudley notes that Saudi Arabia’s January 2017 switch to new accounting standards did not cause chaos in the Kingdom’s affected listed companies as feared, but it did cost some companies a pretty penny. Saudi Arabia’s switch from accountancy standards set by the Saudi Organization for Certified Public Accountants (SOCPA) to International Financial Reporting […]
-
Saudi Economic Data for February Paints Another ‘Mixed Picture’
- April 4,2017
•
- SUSTG Team
Saudi Arabia’s economic data for the month of February 2017 showed a mixed picture for the Kingdom, with foreign reserves falling to $514 billion in February, the lowest since August 2011. The latest Jadwa Investment monthly chartbook for February finds cash withdrawals from ATMs and POS transactions showed a downward trend, but non-oil PMI was […]
-
In Shift from Obama, Trump to Host Egypt’s President Sisi at the White House for Lengthy Lunch Meeting
- April 3,2017
•
- SUSTG Team
Egypt’s strongman president Abdul Fattah al-Sisi will visit the White House for the first time since he led the military’s overthrow of his predecessor in 2013, marking a shift in U.S. policy under President Obama who never invited him to the White House. President Trump “wants to use President Sisi’s visit to reboot the bilateral relationship and […]
-
At Annual Arab Summit, King Salman Stresses Solidarity, Signs Deals with Jordan
- March 29,2017
•
- SUSTG Team
Saudi Arabia’s King Salman is in Jordan this week for the annual Arab Summit, a meeting between Arab states on Wednesday to “achieve cooperation and solidarity” toward shared regional challenges. King Salman arrived early to meet directly with his Jordanian counterpart, King Abdullah II, and announce several agreements to boost cooperation and bilateral ties, including an […]
-
Saudi King Salman Returns Home from Asia Tour, Deputy Crown Prince Mohammed Departs United States
- March 20,2017
•
- SUSTG Team
Saudi Arabia’s King Salman returned home from a month-long trip to several Asian nations this weekend as Deputy Crown Prince and Minister of Defense Mohammed bin Salman, left the United States. King Salman arrived in Riyadh on Saturday after a successful visit to China, where the Kingdom signed up to $65 billion in trade deals […]
- 10 of 1103 results<< 1 … 77 78 79 80 81 … 111 >>
MUST-READS
-
Saudi Arabia to host major global tech event with aims to boost foreign investment
LEAP is integral to MCIT’s five-year strategy aimed at accelerating the growth of the Kingdom’s digital economy by 50%, elevating its GDP contribution by US$13.3 billion, increasing foreign investments and continuing the drive of empowering women in the Kingdom’s tech sector and encouraging Saudi youth to pursue their dreams.
-
MENA fund managers to increase Saudi investments with eye to recovery – Reuters poll
“We are looking for opportunities ... across sectors less impacted by both the oil price slump and the pandemic,” said Jai Lawrence, asset management analyst at Almal Capital.
-
Saudi Arabia and Iraq agree investments in energy and sports -state TV
Saudi Arabia and Iraq signed investment agreements on energy and sports, the kingdom’s state TV reported on Monday.
-
Saudi Arabia exempts investment of oil and hydrocarbon producing companies into Saudi-listed companies
On 26 June 2020, the Saudi Arabian government issued Royal Decree No. M/153 (RD M/153). The Decree exempts from income tax the direct and indirect investment of oil and hydrocarbon producing companies into Saudi Arabian listed companies and subsidiaries of these listed companies.
-
Iraq Seeks IMF Loan, Saudi Gas Investments to Boost Economy
The IMF and Iraq are in “intensive” negotiations about a loan that would probably be a maximum of $5 billion, Ali Allawi, the OPEC member’s finance and deputy prime minister, said in an interview in Baghdad on Tuesday night. He didn’t specify if Iraq wanted a rapid credit facility, which would come with few strings attached, a conditional line or both.
-
Saudi ACWA Power to hit $10 bln target of new 2020 investments despite virus
Saudi power plant developer and operator ACWA Power expects to achieve its target of more than $10 billion in new investments this year, as the coronavirus pandemic had “minimal impact” on its projects, the firm’s chief executive told Reuters.
-
New mining law in Saudi Arabia will attract investment, create jobs
The Saudi Cabinet recently approved a mining investment law to help attract local and international investors to the sector. The law, which includes 63 articles, is aimed at boosting the untapped mineral industry in Saudi Arabia as part of the Vision 2030 reform plan to diversify the economy and public financial resources.
-
VAT and Customs Duty Increases in Saudi Arabia – Implications for Investment into the Kingdom
On 27 May 2020, the General Authority of Saudi Customs announced an increase in the rate of customs duties applicable to a range of imported products, including food, minerals, chemicals, machinery, equipment, vehicles and other manufactured goods. The new rates are effective from 10 June.
-
Amlak IPO is test of Saudis’ post-pandemic investment appetite |
Despite the pandemic, and the measures enacted by the Kingdom’s government to combat it, not much has changed in Saudi real estate. There is still demand for residential and commercial real estate, while the Vision 2030 strategy for diversification continues to put emphasis on the need for a property-owning economy.
-
Middle East energy sector will see sharp drop in investments between 2020-24
Investments in the Middle East energy sector will see a $173 billion decline between 2020-24 to $792 billion. This according to the latest outlook from Arab Petroleum Investments Corporation (Apicorp), which had projected investments of $965 billion in last year’s five-year outlook for the region’s energy industry.
- 10 of 1173 results<< 1 … 78 79 80 … 118 >>
