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‘History in the Making’: Saudi Arabia Allows Women to Travel Independently; Enacts Other Reforms
- August 5,2019
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- SUSTG Team
Saudi Arabia’s decision to allow women to travel independently is being hailed a historic leap for gender equality in the Kingdom as women celebrate their new rights and freedoms enacted under King Salman and Crown Prince Mohammed bin Salman. “The new regulations are history in the making,” Princess Reema Bint Bandar, Saudi Arabia’s first woman ambassador […]
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The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 6: Rijal Alma—’A Wonder to Behold’
- August 2,2019
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- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom.
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Houthis Reportedly Attack Dammam in Saudi Arabia, Military Parade in Yemen
- August 1,2019
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- SUSTG Team
Yemen’s Houthi group said on Thursday it had targeted a military site in Dammam, Saudi Arabia with a long-range missile and had launched a drone attack on a military parade in Yemen, which killed 30 people, according to reports. The attack in Dammam, which Houthis claim hit a military base, was not immediately confirmed by Saudi […]
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Senate Fails to Override Trump’s Veto of Saudi and UAE Defense Sale Bans
- July 30,2019
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- SUSTG Team
The U.S. Senate failed to override President Donald Trump’s vetoes of legislation passed by Congress that would have blocked the sales of certain weapons to Saudi Arabia and the United Arab Emirates, meaning the transactions may proceed forward. Supporters of the ban won a voice vote of 45-40 in the Senate, roughly 21 votes short of […]
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The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 5: Al-Hasa—’The Grandest Oasis of All’
- July 26,2019
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- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. In the fifth installment of the series of seven, Aramco Expats chose Al-Hasa Oasis in […]
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Trump Vetoes Three Bills Limiting U.S. Military Sales to Saudi Arabia and UAE
- July 25,2019
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- SUSTG Team
President Trump vetoed three congressional resolutions aimed at blocking his administration from selling billions of dollars of weapons to Saudi Arabia and the United Arab Emirates. “This resolution would weaken America’s global competitiveness and damage the important relationships we share with our allies and partners,” the president said in a statement on Wednesday. The arms package included […]
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Saudi Arabia in talks with ‘regional and global investors’ for Qiddiya, the Kingdom’s mega entertainment and sports city – report
- July 24,2019
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- SUSTG Team
Saudi officials are engaged in talks with “regional and global investors” for the Kingdom’s first mega entertainment and sports city that’s being developed as part of the kingdom’s plans for life after oil, Bloomberg reports. The company is looking at options for investment including “joint ventures, land leasing and privatization to fund the project,” according to comments from the company’s […]
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IMF: Saudi Arabia’s real non-oil growth is expected to strengthen to 2.9 percent in 2019, outlook positive
- July 23,2019
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- SUSTG Team
The International Monetary Fund (IMF) expects real non-oil growth in Saudi Arabia to pick up in 2019 to 2.9% as government spending and confidence increase, according to reports, while real GDP growth is projected to slow to 1.9 percent as real oil growth slows to 0.7 percent with the implementation of the OPEC+ agreement. The data was […]
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Work to Begin on 400-megawatt Dumat Al Jandal Wind Power Facility in Saudi Arabia
- July 22,2019
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- SUSTG Team
Saudi Arabia will begin producing wind energy at the Dumat Al Jandal site within three years to offset domestic oil consumption and diversify its energy supply, according to reports. Work will begin soon on Dumat Al Jandal, the Kingdom’s first major wind power facility, located in the Al-Jouf province in the north of Saudi Arabia, near the […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 4: The Rock Art of the Ha’il Region
- July 19,2019
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- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. In the fourth installment of the series of seven, Aramco Expats chose the […]
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MUST-READS
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How will the UAE’s new venture capital fund help overcome obstacles in the nation’s startup sector?
Approved on Thursday by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of Dubai Executive Council, the fund is expected to bolster and sustain startup projects and entrepreneurs in the emirate.
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Heart And Soul – Vignettes from Ali Al-Baluchi’s Memoir: Part II
In the 1940s, a good education was not widely available to the majority of the Saudi population. Realizing the advantages of a literate local workforce, Aramco built a small evening school in Al-Khobar to enable the learning of English. From amongst the students who attended on a voluntary basis, the company could select those showing potential to further their training at the company’s ‘Jebel School’ in Dhahran. In this second extract from his Memoir, Ali Al-Baluchi recounts the excitement of being selected whilst facing the subsequent challenge of proving his age to Aramco.
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How the Iran Deal Blocked a Nuclear Bomb in Two Charts
The 2015 Iran Deal, negotiated by the Obama administration, blocked Iran’s paths to a nuclear weapon by placing a series of restrictions on Iran’s nuclear research and stockpiles, and enacting a slew of monitoring, verification and oversight mechanisms. One of the most significant elements of the deal was its ban on highly enriched uranium.
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Endeavor launches report on state of Saudi startup ecosystem
Endeavor Saudi Arabia in collaboration with Endeavor Insight launched its latest research project that studies, analyses, and maps the activity and connections in the entrepreneurial tech ecosystem in Riyadh for the past 20 years.
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Endeavor launches report on state of Saudi startup ecosystem
Endeavor Saudi Arabia in collaboration with Endeavor Insight launched its latest research project that studies, analyses, and maps the activity and connections in the entrepreneurial tech ecosystem in Riyadh for the past 20 years.
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From Resalaty to Unifonic, tracing the Saudi startup’s journey
It is difficult to recall a time when messaging large numbers of people was impossible, but that was the reality for brothers Ahmed and Hassan Hamdan, who wanted to message the members of a student club at their university in Saudi Arabia. This was back in 2006, when Whatsapp did not exist, Facebook had yet to make it to the Middle East and BlackBerry Messenger had a limit on the number of people one could message in one go. The only alternative was sending emails, but few people had mobile internet connectivity and the way most people kept in touch was via SMS.
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Desert X Saudi Arabia Asks Viewers to Separate Politics and Art
Susan Davis, founder and president of Desert X, says the Saudi iteration came about through person-to-person diplomacy, rather than any international intrigue. The connector was Los Angeles–based artist, collector, and Saudi royal Sultan Bin Fahad, whose work “Desert Kite” appears in this year’s show.
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A strategic partnership aims to make Saudi Arabia a top global destination
A recently signed agreement between the Saudi Tourism Authority (STA) and Emirates, one of the biggest commercial carriers in the world, promises to boost the number of international travelers opting to vacation in the Kingdom, while benefiting both economies.
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SoftBank Cuts Back Spending, Leaving Startups Desperate for Cash
SoftBank Group Corp.-backed Light is struggling to raise funds after the world’s largest tech investor balked at putting more money into the startup, people familiar with the matter said. SoftBank owns about 30% of Light through its first Vision Fund, which led an injection of $121 million into the advanced camera developer in 2018. SoftBank’s continued support is critical for the cash-strapped startup, which had been spending millions of dollars to expand into self-driving tech at SoftBank’s urging.
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Saudi Royals Are Selling Homes, Yachts and Art as Crown Prince Cuts Income
Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the U.S. and Europe since the kingdom’s de facto ruler tightened the purse strings of the ultrawealthy ruling family. The transactions represent a radical change of fortune for senior princes who funneled windfalls from oil booms in the 1970s and 1980s into some of the world’s most exclusive markets. The vast sums of money were spent largely on hard-to-sell assets or drained by spending that reached $30 million a month for some royals with large staffs and lavish lifestyles, making them vulnerable to recent changes in government policy.
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