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$6.9 billion in Tourist Projects Approved under Saudi NTP
- August 2,2016
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- SUSTG Team
Saudi Arabia approved more than SR26 billion ($6.9 billion) of tourism projects under the Kingdom’s National Transformation Program (NTP) on Sunday, according to reports. The funding will go to existing development projects in the pipeline as well as new efforts to preserve Saudi Arabia’s heritage sites, of which many are seen as underdeveloped and inadequately protected. Previously, […]
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11 Saudi Citizens Including 7 Soldiers Die on Border with Yemen ahead of Next Round of Peace Talks
- August 1,2016
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- SUSTG Team
Four people were killed and three wounded in Saudi Arabia when a shell fired from inside Yemen exploded in a town close to the border, Saudi Civil Defense said on Monday. The announcement followed news that seven Saudi soldiers and dozens of Houthi fighters were killed in heavy fighting on the border with Yemen on […]
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Reuters Poll: Non-Oil Business Activity Slows in Gulf as Governments Tighten Spending
- July 28,2016
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- SUSTG Team
A recently released Reuters poll of economists finds that non-oil business activity is slowing in the Gulf because of government austerity measures, causing some to revise their economic forecasts down for the region. In 2015, growth in the GCC “began to lose steam as governments reduced spending to limit big budget deficits caused by cheap oil,” […]
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Aramco Names Ibrahim Al Buainain as Chief Executive of Its Trading Arm
- July 27,2016
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- SUSTG Team
Saudi Aramco has named Ibrahim Al-Buainain as chief executive of its trading arm, the company said on Tuesday, as Al-Buainain’s star continues to rise within the ranks of the energy giant. Ibrahim Al-Buainain’s promotion to CEO of Saudi Aramco Trading takes effect this month. In November 2014, Aramco named Al Buainain as head of Saudi […]
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SABIC, Exxon Affiliate Studying JV Petrochemicals Complex on U.S. Gulf Coast
- July 26,2016
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- SUSTG Team
Saudi Arabia’s SABIC said Monday it is studying launching a jointly-owned petrochemicals complex with an affiliate of U.S. Exxon Mobil. fIf developed, the project would be “located in Texas or Louisiana near natural gas feedstock and include a world-scale steam cracker and derivative units,” the company said. Before making final investment decisions, the companies will “conduct necessary […]
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U.S. Warns Of ‘Potential, Imminent Threat’ Against Americans In Jeddah
- July 22,2016
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- SUSTG Team
The U.S. Embassy in Saudi Arabia posted a notice to its website yesterday warning of “potential, imminent threat against U.S. citizens in areas of Jeddah frequented by Westerners, such as markets, restaurants, and shopping malls, among others.” State Department spokesman John Kirby told reporters in Washington that the notice is “a security message, not a […]
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Deputy Crown Prince Mohammed bin Salman Back in U.S. for Defense, Anti-ISIS Talks
- July 21,2016
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- SUSTG Team
Deputy Crown Prince Mohammed bin Salman arrived in the United States for a second time in as many months this week for a defense ministerial meeting of nations involved in the effort to counter the self-described ISIS in Iraq and Syria, held at Joint Base Andrews, Maryland. Coalition partners taking part in the meeting “are looking for […]
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Pokemon GO Banned in Saudi Arabia; 3 Arrested at Jeddah Airport – Report
- July 20,2016
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- Lucien Zeigler
Pokemon GO, the viral video game phenomenon that has taken the U.S. and other markets around the world by storm, has been banned in Saudi Arabia, according to a report in the Evening Standard which cited the Arabic-language newspaper Almowaten. Pokemon GO is a game available on smartphones that allows users to catch different characters […]
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New Saudi Fund Created by Apicorp and Bahri Seeks to Create Biggest Tanker Fleet
- July 19,2016
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- SUSTG Team
A venture between Arab Petroleum Investment Corporation (Apicorp) and National Shipping Co. of Saudi Arabia (Bahri) “will create the world’s largest fleet of oil tankers and support the kingdom’s plan to boost crude exports,” according to a report in Bloomberg, which cited comments from Dr. Khalid al-Falih. The venture will create a $1.5 billion fund […]
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’28 Pages’ Released: Once-Classified Section of 9/11 Report Made Public; Saudi FM Al-Jubeir Says Matter Now ‘Finished’
- July 18,2016
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- SUSTG Team
The U.S. Congress on Friday released a long-classified section of the official report on the Sept. 11 attacks that described potential potential links between some of the hijackers and officials in Saudi Arabia. Saudi Arabia’s foreign minister said on Friday he welcomed the release of this “28 pages” of the official report. “The matter is […]
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War on Gaza: Netanyahu hindering deal again by changing demands, source says
Israeli Prime Minister Benjamin Netanyahu has returned to his “evasive approach” in the Gaza ceasefire talks, hindering negotiations, an Egyptian source has told the Al-Araby Al-Jadeed news outlet. The source, who was described as “familiar with the negotiations,” said in the Wednesday report that the change in the Israeli positions surprised mediators and slowed recent progress made in the indirect talks with Palestinian movement Hamas. Netanyahu submitted a new list of demands, which included modifications regarding the captives Israel wants to be released, as well as additional conditions related to the timeline for the army’s withdrawal during that phase of the proposed agreement, the source said. He added that talks were “proceeding very well” until the latest Israeli changes.
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How Stealthy F-22 Raptors Learned to Take on Elusive Iranian Threats in the Middle East
As America’s premier air superiority fighter, the F-22 was designed to take on advanced enemy aircraft, capable of maneuvering stealthily and cruising at supersonic speeds. But the dangers that most concerned Johnson and his Airmen included Iranian-designed drones and cruise missiles that Tehran and its proxies have employed during the most recent stretch of unrest in the Middle East. Though the drones posed less of a threat to the F-22s than a high-end Chinese fighter, downing them presented some challenges. Like the F-16s and F-15Es, the F-22s that have been deployed to the region in recent months have Active Electronically Scanned Array (AESA) radars, which makes detecting drones easier, a senior U.S. defense official noted to Air & Space Forces Magazine. But it is still not an easy task. Not only were the drones very small, but their slow speed always made them hard to detect.
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Israel allocates $150m to sway global opinion over Gaza genocide
The 20-fold funding increase aims to boost Tel Aviv’s narrative and justification of its war against the besieged enclave while portraying the Palestinian struggle as “anti-Semitic” and as a form of “Nazi” terrorism aimed at eliminating Jews and to promote Islamophobia in European countries in an effort to paint the Palestinian struggle as no different from Daesh. The aim of such action is to end sympathy or support for the Palestinian cause and justify the genocide being orchestrated in Gaza.
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Unstoppable Oman beat Saudi Arabia 2-1 to enter Gulf Cup final
With temperatures at a chilly 18°C, the electrifying atmosphere was fueled by passionate supporters waving flags and chanting for their teams. Coach Rashid Jaber faced a daunting task, making last-minute changes due to injuries and yellow card suspensions. Still, his confidence in his squad proved well-placed as Oman battled fiercely from start to finish. The game started with Saudi Arabia in control, threading passes and creating early chances. Oman’s goalkeeper, Al Rushaidi, made a brilliant save from a stinging free-kick, keeping the scores level. Saudi’s dominance persisted through the opening minutes, with Oman struggling to find their rhythm.
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Saudi Arabia says it executed six Iranians for drug trafficking
Six Iranian citizens have been executed in Saudi Arabia on charges of drug trafficking, Riyadh’s Ministry of Interior announced on Wednesday. The ministry did not provide further details regarding the time of arrest, trial, and execution. The executions took place in Dammam, located along the coast of the Persian Gulf, according to the official Saudi Press Agency. The Iranians were put to death for their involvement in smuggling hashish into Saudi Arabia, the interior ministry said. Saudi Arabia has executed 330 people this year, marking the highest number in decades, despite Crown Prince Mohammed bin Salman’s 2022 claim that the death penalty would be limited to murder cases under his vision of a modernized kingdom.
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GASTAT: Saudi Women’s Participation in the Labor Force Reaches 36.2%
The General Authority for Statistics (GASTAT) released today the Labor Market Bulletin for the third quarter of 2024. Figures show that the unemployment rate among Saudis in Q3 of 2024 was 7.8%, an increase of 0.7 percentage points over Q2 of this same year, and a year-on-year decrease of 1 percentage point from Q3 2023. The bulletin also shows that the Saudi and non-Saudi labor force stood, in Q3 of this year, at 66.6%, a 0.4 percentage point increase over Q2 of 2024. Among Saudis, the labor force grew by 0.7 percentage points in Q3 2024, to reach 51.5%, marking a year-on-year increase of 0.7 percentage points. The employment-to-population ratio among Saudis went up by 0.2 percentage points, reaching 47.4%, or an annual growth of 1.1 percentage points. The bulletin also highlighted the growth of Saudi women's participation in the labor force, which increased by 0.8 percentage points, to 36.2%, in the mentioned period.
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Saudi Arabia’s unemployment rate hits 3.7%: GASTAT
Saudi Arabia’s unemployment rate dropped to 3.7 percent in the third quarter of 2024, down 0.5 percentage points from last year, official data showed. According to data released by the General Authority for Statistics, labor force participation across Saudis and non-Saudis reached 66.6 percent during the third quarter, reflecting a year-on-year increase of 0.2 percentage points and a quarterly rise of 0.4 percentage points. The unemployment rate increased by 0.4 percentage points compared to the second quarter of this year.
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Saudi Arabia orders removal of unlicensed hospitality venues from booking sites, warns of $266,000 fines
This directive is part of a broader campaign aimed at improving adherence to licensing and classification standards within the hospitality sector. The ministry seeks to ensure that all facilities meet the conditions and requirements stipulated in the Tourism Law and its associated regulations. The ministry stressed that all tourist and private hospitality facilities must obtain or renew their licences before commencing operations. Operating without a valid licence will result in penalties, including fines of up to SR1m ($266,000), facility closure, or both. Violations may also be disclosed publicly.
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Saudi Arabia bans use of ‘sponsor,’ mandates ’employer’ for government and private entities
The Ministry of Commerce in Saudi Arabia has instructed both government and private entities to refrain from using the term 'sponsor' and instead use 'employer' in all official documents. The ministry emphasised that, according to Article 2 of the Labour Law, the term 'employer' refers to "any natural or legal person who employs one or more workers in return for a wage." This directive was conveyed through a letter sent by the Ministry to the Federation of Saudi Chambers, which subsequently issued a circular to chambers of commerce and industry across the Kingdom.
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Saudi Arabia launches humanitarian air bridge to Syria to deliver food, shelter and medical supplies
Saudi Arabia on Wednesday launched a humanitarian air bridge to Syria, delivering food, shelter and medical supplies' The air bridge, established by the King Salman Humanitarian Aid and Relief Centre (KSrelief), aims to 'alleviate the effects of the difficult conditions currently facing the Syrian people', the official Saudi Press Agency reported. Others, including the European Union and Ukraine, have also announced aid for Syria, where the United Nations said seven out of 10 people need support. Riyadh's air bridge will 'be followed by another land bridge in the coming days,' said Abdullah al-Rabeeah, the head of KSrelief.
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