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Saudi Arabia Replaces Labor Minister, Appoints 30 Women to Shoura Council
- December 5,2016
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- SUSTG Team
Saudi King Salman appointed a new Minister of Labor on Sunday and appointed 30 women to the Shoura council as the Kingdom seeks to turn short term economic pain into long term stability and diversification with its Vision 2030 policy. Dr. Ali bin Nasser al-Afis (also spelled Ali bin Nasser al-Ghafis) is the new Minister, replacing Dr. Mufrej […]
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$800m King Abdulaziz Center for World Culture in Dhahran Opens
- December 2,2016
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- SUSTG Team
Saudi Aramco opened the $800 million King Abdulaziz Center for World Culture in Dhahran on Thursday, a large steel structure that aims to deepen knowledge and creativity among Saudi youth, according to reports. According to Reuters, the center, known as “Ithra” (“to enrich” in Arabic) is located close to Saudi’s “prosperity well” that tapped some of the […]
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Saudi Prince Alwaleed bin Talal: ‘Stop the Debate…It’s Time for Women to Drive’ in Saudi Arabia
- November 30,2016
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- Lucien Zeigler
In a 4-page essay entitled, “It’s High Time Women Started Driving Their Cars,” billionaire Saudi businessman Prince Alwaleed bin Talal urged an end to the debate about women’s driving in Saudi Arabia. The essay is as much a short treatise on modern Saudi feminism and the progress of women’s rights in the Kingdom as it […]
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Saudi Arabia Needs $53b in Water Investment as Sector Looks Toward Privatization
- November 28,2016
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- SUSTG Team
Saudi Arabia will need $53 billion in water sector investment supported by private funds as the Ministry in charge of the sector said it was looking to privatize in order to meet demand, government leaders said. The comments were made by officials from Saudi Arabia’s Ministry of Environment, Water and Agriculture, and Saudi Arabia’s […]
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Jadwa Investment: ‘Prudent Policies’ Should Decrease Saudi Deficit in 2017
- November 23,2016
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- SUSTG Team
Jadwa Investment’s recently released macroeconomic update for the Kingdom’s economy finds that “prudent policies” have been taken to reform the fiscal budget. The Riyadh-based bank said that “fiscal consolidation, coupled with improved non-oil revenues, will mean a smaller-than-anticipated fiscal deficit in both 2016 and 2017. This consolidation will, nevertheless, negatively impact private sector activity, thereby […]
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Trump’s Complex Global Business Interests Could Present Problems for President-Elect
- November 22,2016
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- SUSTG Team
President-elect Donald Trump’s complex business dealings before and during his candidacy for the office, and now after his victory on November 8th, continue to draw scrutiny from the media and elected officials in the United States. The president-elect has drawn additional attention for his initial meetings with world leaders that apparently mix his business and family […]
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Government Makes Payments to Construction Companies as MMG Sends Letter to Deputy Crown Prince Warning of Operations Halt
- November 21,2016
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- SUSTG Team
Saudi Arabia has reportedly made good on $10.7 billion that it owed to private sector companies, according to Arab News, but one construction firm said on Monday that it wrote directly to the Deputy Crown Prince warning it may need to cease operations. Mohammad Al Mojil Group (MMG) said in a short statement through Saudi […]
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Three New Ventures by MiSK to Boost Innovation, Training and Investment
- November 18,2016
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman’s MiSK Foundation launched three new strategic ventures in Riyadh aimed “at comprehensively building the skills, knowledge and capability for economic growth within the Saudi Arabian tech sector,” Reuters and the Saudi Gazette reports. MiSK Academy, MiSK Technovation and MiSK Booster mark a significant new development in the foundation’s work to empower, […]
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Updated LinkedIn Profiles Indicate Key Hires by Saudi Arabia’s PIF
- November 17,2016
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- SUSTG Team
Recently updated LinkedIn profiles indicate a hiring spree by Saudi Arabia’s Public Investment Fund (PIF) as the Kingdom looks to use the sovereign wealth fund to jump-start its reform plans. Reuters reports that several executives have updated their LinkedIn profiles to indicate a new affiliation with the PIF, but the PIF did not comment directly on […]
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Saudi, Russia Energy Ministers to Meet in Doha as Output Cut Deadline Looms
- November 16,2016
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- SUSTG Team
Saudi Arabia and Russia energy ministers will meet in Doha, Qatar this week on the sidelines of Gas Exporting Countries Forum (GECF), industry sources quoted by the Wall Street Journal said. The meeting comes as OPEC and non-OPEC members try to solidify an oil output limiting deal agreed to in September. OPEC is hoping to complete […]
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MUST-READS
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Arab IdentityAs conversations focus on sectarianism, a panel explores pluralism in the Arab world
While failed states and weaker central authorities have forced not only fragmentation but also turning to local, tribal, familial, and sectarian identities, the simultaneous expansion of communications across groups and across state boundaries has created new opportunities for bolstering more encompassing identities.
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Iran Negotiations: Framework AgreementExxon Deploys More Sanction Watchers as Iran Nuke Deal Looms
“We are not influencing or advocating in any way on Iran sanctions; our work with regard to Iran has involved only monitoring legislative activity in the U.S. Congress dealing with that sanctions regime.”
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GazaGaza economy ‘on verge of collapse’, with world’s highest unemployment
The economy of Gaza – assailed by war, poor governance and a joint Israeli-Egyptian blockade – has reached the “verge of collapse” with the coastal strip suffering the highest rate of unemployment in the world.
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Vatican and the Middle EastWhat’s driving Pope Francis’ Middle East diplomacy?
From the beginning of his papacy Pope Francis hasn't hesitated to jump into the bloody politics of the Middle East, starting with his September 2013 appeal for a day of fasting and prayer to protest the planned US military strikes on Syria. Since then he has recognized the Armenian slaughter of 1915 as a genocide and repeatedly called for peace in the region, all in the name of defusing conflicts that threaten to tear apart a rich mosaic of cultures in which Christians once thrived.
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SyriaBashar al-Assad’s spy chief arrested over Syria coup plot
Ali Mamlouk, the head of the country's National Security Bureau, and one of the few officials still to have access to President Bashar al-Assad, was accused of holding secret talks with countries backing rebel groups and exiled members of the Syrian regime.
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War in YemenWar launched to foil Houthi ‘terror plot’ in region: King Salman
Saudi Arabia said on Sunday that the purpose of launching Operation Decisive Storm was to prevent foreign forces from using Yemen as a base for regional conspiracies and transforming it into a stage for terrorism.
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PakistanPakistan helicopter carrying foreign diplomats crashes
The dead include Norwegian Ambassador Leif Larsen, Philippines Ambassador Domingo Lucenario Jr, and the wives of the Malaysian and Indonesian ambassadors to Pakistan.
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U.S. - SaudiUS diplomats on drive to meet Saudis
American diplomats have recently been crisscrossing the country to meet Saudis, in an attempt to boost personal and business ties between the two longtime allies.
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War in YemenFew Signs of Diplomacy in Yemen
Four weeks on, all sides party to the conflict have publicly expressed interest in reaching a political compromise. However, a viable diplomatic opening remains elusive.
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War in Yemen: UNU.N. vote as early as Friday on Yemen arms embargo: diplomats
The U.N. Security Council could vote as early as Friday on a resolution to blacklist the son of the Yemen's former president and a Houthi leader and effectively impose an arms embargo on the rebels that rule most of the country, diplomats said.
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