SUSTG.com / Research

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

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

  • Samsung and Galaxy chocolate top brands in Kingdom in 2012
     

    Samsung ranked first in the 2012 BrandIndex Buzz Rankings for Saudi Arabia, scoring 54.9 points, YouGov market research agency said Tuesday. Galaxy Chocolate, produced by Mars Inc and Al-Qur’an Al-Kareem, a channel owned by the Saudi government, ranked second and third, scoring 53.7 and 47.4 points respectively. Sony, which ranked sixth, dropping from second place in […]

     
  • Saudi Arabia Strong Market for U.S. Companies, Ex-Im Head Says
     

    Saudi Arabia, the Arab world’s biggest economy, represents an “exceedingly” strong market for U.S. companies, Export-Import Bank Chairman Fred Hochberg said. “Part of that has been driven by in this part of the world a diversification of economies,” Hochberg said in an interview yesterday in Riyadh. “We see a lot of opportunity here. U.S. companies […]

     
  • Saudi investment in education tripled in just a decade
     

    In Saudi Arabia, the government appropriated SR204 billion ($54.4 billion) for education in its budget for 2013, from SR168 billion ($44.80 billion) in 2012, and SR150 billion ($40 billion) in 2011. Investment in human capital has become a top priority for the Saudi government, as spending on education has more than tripled since 2000. The […]

     
  • Al-Assaf, Al-Rabiah Headline Important Private Sector Initiative in Riyadh
     

    The high-level meeting, an ambitious private sector initiative, addressed joint Arab action agendas, with 21 proposals of developmental projects discussed. Saudi Finance Minister Ibrahim Al-Assaf and Commerce Minister Tawfig Al Rabiah headlined this important event in Riyadh, which was widely discussed on Social Media sites and in the general media.

     
  • Saudi Arabia’s $220bn spending spree
     

    Even at growth of 3.4 percent, Saudi Arabia’s economy will be the envy of most other large countries. That figure is above the average expected GDP (3 percent) of the G20 nations – of which the kingdom is one – according to Moody’s. And, waiting in the wings, is Saudi Arabia’s vast foreign reserves, which […]

     
  • Saudi Arabia’s 2013 Budget – Jadwa
     

    Budgeted spending is at another all-time high in 2013, as the government continues with its program to upgrade the human and physical infrastructure and spurring economic growth. One highlight of the Ministry of Finance (MoF) budget announcement is the 18 percent jump in revenues. With no new initiatives announced, we think this is a sign […]

     
  • ‘Expansionary’ Saudi 2013 Budget Provides for Record Spending on the Back of 2012 Surplus
     

    A recently released report by Jadwa Investment on Saudi Arabia’s 2013 budget highlights the Saudi government’s plans for record spending to sustain the Kingdom’s economic expansion next year.

     
  • Nitaqat: Towards a Saudi “New Deal?”
     

    Editor’s Note: ‘Saudization’ is a topic that has garnered a great deal of front-page ink in Saudi Arabia of late.  The Nitaqat (“Ranges”) Program introduced in 2011 has staunch advocates and detractors and the ongoing argument between members of the private sector and the Ministry of Labor over recent fee hikes for foreign employees has been […]

     
  • Are Members of Royalty “Foreign Officials” Under the FCPA?
     

    For U.S. companies conducting business abroad, the Foreign Corrupt Practices Act (FCPA) is a constant companion.  The FCPA, “applies to any person who has a certain degree of connection to the United States and engages in foreign corrupt practices. The Act also applies to any act by U.S. businesses, foreign corporations trading securities in the […]

     
  • AME Info’s series on doing business in Saudi Arabia: a guide to the guide
     

    AMEinfo, based in Dubai’s Media City, is a well-known provider of business news and information covering the Gulf and larger Middle East.  Founded in 1993 it was acquired by London-based Emap Communications in July 2006.  Emap also owns MEED. The AME info site now claims over two million readers monthly.

     

MUST-READS

  • KKR and Gulf Data Hub Form Strategic Partnership to Scale One of the Middle East’s Largest Independent Data Center Platforms

    Gulf Data Hub (“GDH” or the “Company”), one of the largest independent data center platforms in the Middle East focused on serving hyperscale demand across the Gulf countries, and KKR, a leading global investment firm, today announced that funds affiliated with KKR will acquire a stake in GDH. The investment, which is subject to customary regulatory approvals, is being made through KKR’s Global Infrastructure strategy. Established in 2012 and headquartered in Dubai, GDH, is one of the largest independent carrier and vendor neutral data center platforms in the Middle East with significant operating capacity and pipeline of projects. With an owned portfolio of seven purpose-built and state-of-the art data centers in the UAE and Saudi Arabia, and additional facilities planned in Kuwait, Qatar, Bahrain and Oman, GDH is focused on delivering the infrastructure required to meet hyperscale demand across the region to support increasing data consumption driven by the growing trends in digital connectivity, cloud and artificial intelligence.

  • Saudi economy minister gives insights on Kingdom’s role in global growth, innovation

    In this Special Interview with Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim on Al Arabiya News, the discussion focuses on the pivotal role of the Kingdom’s economic health in ensuring regional stability. The minister highlights Vision 2030’s transformative initiatives to diversify the economy, foster global partnerships, and strengthen the private sector.

  • Saudi Arabia’s Riyadh Air defers launch to 3Q25

    Aircraft delivery delays have caused Riyadh Air (RXI, Riyadh) to push back launch plans from the first quarter of 2025 to sometime in the third quarter, according to Bloomberg. The state-owned start-up had hoped to have eight B787-9 delivered throughout 2025, but Boeing has advised it to expect around four. According to the ch-aviation fleets module, Riyadh Air has thirty-nine B787-9s on order, along with sixty A321-200Ns from Airbus.

  • Saudi ambassador to US represents Kingdom at Trump inauguration ceremony

    The princess passed on the congratulations of King Salman and Crown Prince Mohammed bin Salman to Trump on the day of his second inauguration as US president. She also conveyed the hopes of the Saudi leadership that he will enjoy success in his duties, the Saudi Press Agency reported

  • Saudi: New executive regulations for law practice come into force

    The Saudi Bar Association (SBA) has announced the enforcement of the new executive regulations for law practice, effective from Jan. 15. These regulations replace the previous ones issued in 1423 AH. The updated regulations aimed to enhance the organizational framework of the legal profession, aligning it with modern international best practices. They also seek to strengthen the Kingdom’s competitiveness and improve its business environment by ensuring the availability of essential legal services for investors and business owners across various sectors. The new regulations include significant updates and reforms, such as the repeal of the rules on disciplinary action and the filing and adjudication of related complaints issued in 1443 AH. Additionally, the executive regulations for licensing foreign law firms, issued in 1444 AH, and the rules for mitigating conflicts of interest for former judiciary employees and their equivalents practicing law, issued in 1444 AH, will be annulled.

  • Hamas frees hostages, Israel releases Palestinian prisoners on day one of ceasefire

    Hamas released three Israeli hostages and Israel released 90 Palestinian prisoners on Sunday, the first day of a ceasefire suspending a 15-month-old war that has devastated the Gaza Strip and inflamed the Middle East. The truce allowed Palestinians to return to bombed-out neighborhoods to begin rebuilding their lives, while relief trucks delivered much-needed aid. Elsewhere in Gaza, crowds cheered Hamas fighters who emerged from hiding. Fireworks were launched in celebration as buses carrying the Palestinian prisoners arrived in Ramallah on the West Bank, where thousands of people waited to welcome them. Those freed from Israeli prisons included 69 women and 21 teenage boys from the West Bank and Jerusalem, according to Hamas.

  • New Honeywell centre cements Saudi Arabia’s position in global cybersecurity market

    Honeywell recently launched a new centre in Saudi Arabia’s Jubail to provide localised cybersecurity services for critical industrial sectors in the Kingdom, according to a press release. Honeywell Himaya Center, which was announced at the In-Kingdom Total Value Add (iktva) Forum and Exhibition 2025 in Dhahran, will support Saudi Arabia’s digital transformation and strengthen its position as a key player in the global cybersecurity market.

  • Sotheby’s Reveals Linup For Saudi Auction

    Titled “Origins“, the two-day evening auction will open on February 8th. It will occur at the historic town of Diriyah, a UNESCO heritage site – though the exact location hasn’t been shared. Over 100 works would be sold in the auction. Before it, between February 1st and 8th, the works would be on public display at both enclosed spaces and open sites around Diriyah.  The artworks include works by Picasso and Warhol. There would be installations like one by James Turrell (est. $120k -$180k) and Sidle by Antony Gormley (est. 700k -$800k). Sotheby’s is also paying special focus to surrealist art. These include L’État de veille by Rene Magritte (est. $1 million -$1.5 million) and La Légende égyptienne by Paul Delvaux (est. 700k).

  • Saudi Arabia boosts mining industry

    Throughout this year, Saudi Arabia intends to promote mineral exploration opportunities in an area of up to 50,000 square kilometres, Minister of Industry and Mineral Resources Bandar Al-Khorayef announced at the International Mining Conference recently held in Riyadh.  The minister noted that the Kingdom's programme to enable mineral exploration has already helped exploration companies excavate more than 440,000 square metres. He also used the occasion to announce the launch of the Mining Innovation Studio initiative, a project designed to attract global talent and accelerate the use of advanced technologies, as well as to advance Riyadh's vision of becoming the ‘Silicon Valley of Metals’.

  • Trump’s Middle East envoy is considering a visit to the Gaza Strip amid ceasefire deal

    President-elect Donald Trump’s envoy to the Middle East, Steve Witkoff, is considering a visit to the war-torn Gaza Strip as part of his efforts to keep a ceasefire deal between Israel and Hamas on track, according to a transition official with direct knowledge of the ceasefire process. Underscoring just how fragile the president-elect’s team believes the ceasefire deal that’s set to go into effect on Sunday is, Witkoff also plans to be a near-constant presence in the region over the coming weeks and months to troubleshoot flare-ups on the ground that he believes could unravel the agreement and halt the release of hostages held by Hamas at any moment, the official said.