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‘Saudi Arabia is among our closest counterterrorism partners’ CIA Chief Brennan Says
- July 14,2016
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- SUSTG Team
Director of the CIA John Brennan said that Saudi Arabia is “among our closest counterterrorism partners” at an event at the Brookings Institution yesterday. Brennan pointed to the enemies that both the United States and Saudi Arabia share, including the Islamic State and al-Qaeda terrorists. “The Saudi government and leadership today has inherited a history whereby there […]
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Construction Begins on ‘World’s Largest’ Gas Complex in Jazan, Saudi Arabia
- July 13,2016
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- SUSTG Team
Construction has begun on a $2.1 billion industrial gas complex in Jazan, Saudi Arabia, which is slated to become the largest such facility in the world. The industrial gas complex will serve Saudi Aramco’s Jazan refinery and terminal when complete, and will require 600MW to operate, according to a report in Gulf Business. The contract for the […]
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Engineers and Two Government Employees to Face Charges in Mecca Crane Disaster – Report
- July 12,2016
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- SUSTG Team
Saudi prosecutors will bring charges against engineers and two government employees as a result of the 2015 crane collapse in Mecca, Saudi Arabia, which killed 107 people and infuriated top government leaders. Reuters reports that Al-Riyadh, a local newspaper that “reflects government thinking,” quoted a source as saying that investigators and the prosecution “had completed an […]
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Millions Worldwide Celebrate Eid Al-Fitr, End of the holy month of Ramadan
- July 7,2016
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- SUSTG Team
Millions of Muslims worldwide celebrated the festival at the end of the holy month of Ramadan on Wednesday as the three-day Eid al-Fitr festival began. Eid al-Fitr festival traditionally means family gatherings and the exchange of gifts and a feast after a month of fasting from dawn until dusk. Despite two deadly terrorist attacks in […]
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G.E., Aramco Ventures Pump $52m into Boston-Area 3D Printing Startup
- July 6,2016
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- SUSTG Team
General Electric Ventures and Saudi Aramco Ventures have led an investment of $52m in total funding into a Boston-based 3D printing device company, Desktop Metal. Desktop Metal aims to bring “an everyday-use metal 3D printing solution to the workspace of every engineering team,” according to CEO Ric Fulop. Boston Business Journal reports that the investment from […]
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Ramadan Must-Watch TV: ‘Selfie 2’
- July 5,2016
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- SUSTG Team
Ramadan in Saudi Arabia is more than a month of fasting and personal reflection. It is a communal up-ending of one’s normal schedule with work, school and every facet of daily life rearranged in order to fulfill one of the five main pillars of Islam while also coming through this trial healthy and whole. Saudi […]
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Jadwa Investment: A Turn to Positive for Saudi Economic Data in July 2016 Economic Chartbook
- July 1,2016
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- SUSTG Team
Jadwa Investment’s recently released July 2016 Chartbook reveals economic data for Saudi Arabia trending toward the positive for the month of May, citing data on ATM withdrawals and point-of-sales transactions showing seasonal increases. Cement sales and PMI data also showed a slight acceleration in activity. The government also has reversed the months-long decline in assets at […]
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‘Very Good News’ for Saudi Real Estate as Kingdom Gets Boost in Transparency Ranking, Citing Chambers of Commerce
- June 30,2016
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- Lucien Zeigler
JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI) has increased Saudi Arabia’s standing to “Semi-Transparent” after recent efforts by the Chambers of Commerce in Saudi Arabia. “The formation of real estate committees in the Chambers of Commerce has highlighted the issue of low transparency in the market and encouraged more action […]
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First Ever Direct Crude to Chemicals Plant “One Step Closer” for Aramco, SABIC
- June 28,2016
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- SUSTG Team
State-owned Saudi oil giant Aramco and diversified chemicals company SABIC are “one step closer” to being the first ever to use crude oil directly, rather than using refined products such as naphtha or ethane gas as feedstock, to create chemicals, according to reports and announcements by the companies on Saudi Arabia’s stock exchange. The achievement […]
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Mohammed Bin Salman Departs U.S. for France, Sends Cable Thanking U.S. and Obama for Hospitality
- June 27,2016
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- SUSTG Team
Saudi Deputy Crown Prince Mohammed bin Salman sent a cable of thanks to US President Barack Obama on Sunday as he concluded his visit to the United States. “I am pleased as I am leaving your friendly country after the end of my official visit to extend to Your Excellency my deep thanks for the […]
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Saudi Arabia’s mandatory USB Type-C charging port regulation comes into effect
Saudi authorities have announced the implementation of the first mandatory phase of unified charging ports for electronic devices in Saudi Arabia, effective January 1, 2025. This initiative from the Communications, Space and Technology Commission (CST) and the Saudi Standards, Metrology and Quality Organization (SASO) mandates the use of USB Type-C as the standard charging port across various devices. The unified charging ports decision aims to enhance user experience, reduce consumer costs, and promote the adoption of high-quality charging and data transfer technologies. Additionally, it aligns with environmental sustainability goals by reducing electronic waste and supporting the UN’s Sustainable Development Goals (SDGs). The first phase covers mobile phones, tablets, digital cameras, e-readers, portable video game consoles, headphones, earphones, portable speakers, amplified speakers, keyboards, computer mice, portable navigation systems, and wireless routers.
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New Syrian FM on first official visit to Saudi Arabia aims for regional reset
On his first official visit to Saudi Arabia since Bashar al-Assad's ouster, Syrian Foreign Minister Assaad al-Shibani said he hoped to open a "new, bright page" in bilateral relations. Syria's new leaders are focused on rebuilding their war-shattered country amid Saudi concerns over the trafficking of captagon, a narcotic produced under the Assad regime in large quantities.
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Syria delegation in Saudi Arabia for first official visit
A high-ranking Syrian delegation arrived in Saudi Arabia on Wednesday on the first foreign visit by the country's new Islamist rulers since they ousted President Bashar al-Assad last month, state media said. "An official Syrian delegation headed by Foreign Minister Assaad al-Shibani, Defence Minister Murhaf Abu Qasra and General Intelligence Service chief Anas Khattab arrives in the Saudi capital Riyadh," the official SANA news agency reported, quoting a foreign ministry source. The statement described it as "the first official foreign visit, at the invitation of the Saudi foreign minister". Last month, a Saudi delegation met Syria's new leader Ahmed al-Sharaa in Damascus, a source close to the government told AFP at the time.
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Who was Shamsud-Din Jabbar, the suspect in New Orleans truck attack?
Shamsud-Din Jabbar, the 42-year-old Texas man accused of crashing a truck into New Year's Day revelers in New Orleans, killing 15 and injuring dozens of people, served in the U.S. Army for 13 years including a deployment to Afghanistan, the Army said. Federal officials and local law enforcement in New Orleans said that Jabbar did not act alone and that they are looking for accomplices. The FBI said Jabbar had an Islamic State flag on his truck and view the attack as a potential act of terrorism. The Islamic State, or ISIS, is a Sunni Muslim militant group which has carried out attacks throughout the world. While the investigation is ongoing, so far no information has surfaced to explain why Jabbar, a U.S. citizen raised in Texas, would carry out the New Orleans attack. Jabbar died at the scene in a shootout with police, officials said.
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Russian gas era in Europe ends as Ukraine stops transit
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets. The gas had kept flowing despite nearly three years of war, but Russia's gas firm Gazprom said it had stopped at 0500 GMT after Ukraine refused to renew a transit agreement. The widely expected stoppage will not impact prices for consumers in the European Union - unlike in 2022, when falling supplies from Russia sent prices to record highs, worsened a cost-of-living crisis and hit the bloc's competitiveness. The last remaining EU buyers of Russian gas via Ukraine, such as Slovakia and Austria, have arranged alternative supply, while Hungary will keep receiving Russian gas via the TurkStream pipeline under the Black Sea.
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Saudi Arabia condemns New Orleans attack
Saudi Arabia condemned and denounced on Wednesday a deadly car ramming in New Orleans, Louisiana, that struck a crowd celebrating New Year’s Eve. A 42-year-old Texas man crashed a pickup truck into a crowd in the city’s French Quarter before opening fire with a gun, killing at least 10 people and injuring 35, in an early morning attack the FBI said was a potential act of terrorism. The suspect was fatally shot in an exchange of gunfire with police. Potential homemade bombs were found in the truck and around the French Quarter, the FBI said.
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Energy efficiency card is mandatory for dishwashers from Jan. 1
The Saudi Energy Efficiency Center announced that energy efficiency card is mandatory for dishwashers at all points of sale in the Kingdom, starting from January 1, 2025. The center called on consumers wishing to purchase this type of device to ensure that the energy efficiency card label is available with the dishwasher and report the center via the Balagh Tijari application if the label is not available with the device. The card includes basic data about the device such as its type, model, brand, electrical energy consumption, and test specifications.
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Saudi Venture Capital invests in $150 million Global Ventures fund
Saudi Venture Capital (SVC) announced its investment in Global Ventures III, an early-stage venture capital fund managed by Global Ventures with a fund size exceeding $150 million. The fund will focus on investments in technology and tech-enabled sectors across Saudi Arabia, the MENA region, and Sub-Saharan Africa. Key areas of interest include supply chain technology, agritech, enterprise SaaS, and emerging technologies such as artificial intelligence and deep tech, according to an SVC press release.
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Syria FM hopes first foreign visit to Saudi opens ‘new, bright page’
Syria's top diplomat said he hoped to open a "new, bright page" with Saudi Arabia upon arriving in the kingdom Wednesday, the first foreign visit for Syria's new rulers, who seized power last month. "I have just arrived in the sisterly Kingdom of Saudi Arabia, accompanied by the Minister of Defence Murhaf Abu Qasra and the Head of the General Intelligence Service Anas Khattab," Assaad al-Shibani said in a statement on X. "Through this first visit in the history of Free Syria, we aspire to open a new, bright page in Syrian-Saudi relations that befits the long shared history between the two countries," he added. Earlier Wednesday Syrian state media said the top delegation had come to the kingdom "at the invitation of the Saudi foreign minister", quoting a foreign ministry source.
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Commerce ministry recalls 28,806 Ford Explorer vehicles
The Ministry of Commerce announced the recall of 28,806 Ford Explorer vehicles, 2011 – 2019 models. This was attributed to a defect in the installation of the external side covers of the windshield supports, which may lead to their separation from the vehicle, posing a danger to road users and increasing the risk of an accident. The ministry called on users of the vehicles included in the recall to contact the local agents, Al Jazirah Vehicles Agencies Company, on the toll-free number (8007492222), and Mohammed Yousuf Naghi Company, on the toll-free number (8001240218), to carry out the necessary repairs free of charge.
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