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Recent stories from sustg
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Slideshow: Coming to Riyadh’s KAFD: A Female-Designed Metro Station
- May 19,2013
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- Lucien Zeigler
A leading female architect has been chosen to be the lead architect of the forthcoming metro station in the brand-new King Abdullah Financial District, Arabian Business reports.
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Saudi Arabia: Car Manufacturer?
- May 14,2013
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- Lucien Zeigler
A new report states that Saudi Arabia is in negotiations with Jaguar Land Rover for a production line in Yanbu, an industrial city, following an initial agreement signed last year. The National reports that the Indian-owned company “can count on Saudi government investment of close to US$1 billion and some of the world’s cheapest aluminium. […]
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Save the Date for the 2013 U.S.-Saudi Business Opportunities Forum in Los Angeles, California
- May 6,2013
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- SUSTG Team
The 2013 US-Saudi Business Opportunities Forum, to be held in Los Angeles, California at the JW Marriott L.A. Live on September 16-18, is the third in a series of extraordinarily successful gatherings featuring top American and Saudi government and private sector leaders and providing an ideal platform for building new and lasting business ties. Please visit www.us-saudiforum.com to register your interest.
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Are U.S. Companies Missing Out on a Saudi Nuclear Bonanza?
- April 25,2013
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- Lucien Zeigler
The recently-completed Saudi Sustainable Energy Symposium at the Ritz Carlton Riyadh brought high-level officials and companies together to discuss “a common understanding between all stakeholders” concerning the development of the Kingdom of Saudi Arabia’s sustainable energy program, of which nuclear energy is a big part. The event was hosted by the King Abdullah Center for […]
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Royal Decree May Ease a ‘$67B Housing Logjam’ in Saudi Arabia, Reuters Reports
- April 24,2013
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- Lucien Zeigler
Reuters is reporting that last week’s Royal Decree to tackle Saudi Arabia’s housing program has removed “an obstacle to a $67 billion program to ease the country’s housing shortage,” which “may push the program forward by opening up thousands of acres of state-owned land for construction.”
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Defense Secretary Hagel in Riyadh, Greeted by Saud al-Faisal and Amb James Smith
- April 23,2013
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- Lucien Zeigler
SUSRIS reports that US Defense Secretary Chuck Hagel arrived in Riyadh on Monday.
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Suspect Journalism: The New York Post’s Shoddy Saudi Student Reporting
- April 18,2013
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- Lucien Zeigler
A Saudi student studying in the United States on the King Abdullah Scholarship Program was injured in the Boston Marathon bombing on Monday. The student was one of at least two Saudi nationals hospitalized as a result of the attack. One of the victim’s friends told Al Arabiya that an amputation was almost required but […]
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Saudi Arabia Sees Limited Impact from US Shale Oil While SABIC Eyes Gas
- April 14,2013
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- Lucien Zeigler
According to this report by Summer Said in the Wall Street Journal, a close advisor of Saudi Arabia’s Minster of Petroleum and Natural Resources Ali Al Naimi said that the production of oil from shale will be “too limited and costly” to make a significant impact on the interests of exporters, but that the so-called […]
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Hard Choices Ahead for MENA Energy Pricing
- April 5,2013
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- SUSTG Team
In order for Saudi Arabia to effectively address some of its most pressing challenges it will need to make some hard, unpopular and, quite likely, disruptive choices. The current uproar over the expulsion of illegal foreign workers, for example, doesn’t change the fact that it is a necessary step in re-ordering the incentives of private-sector […]
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Stanford University in California Asks Five Questions of Saudi MBA Alumnus Fahd Al-Rasheed, CEO And Managing Director Of King Abdullah Economic City (KAEC)
- April 3,2013
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- Lucien Zeigler
Saudi Arabia’s King Abdullah Economic City (KAEC) is set to astonish the world when completed, and it is only one of four brand new cities that will be constructed by the Kingdom in the coming years. At a cost of more than $100 billion, Saudi Arabia began construction on four new economic cities designed to […]
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MUST-READS
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Saudi Arabia discovers 56-million-year marine fossils
Saudi geological authorities unearthed ancient marine fossils that date back to some 56 million years, Anadolu Agency reports. In a statement, the Saudi Geological Survey (SGS) said the fossils were found in limestone rock formations in the Ras Al-Ru’us sedimentary area in northern Saudi Arabia. The fossils date back to the early Eocene period and include imprints and internal moulds of bony fish, which all help understand the prehistoric marine communities of the early Eocene epoch, according to the statement.
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Inside Saudi Arabia’s plan to tame the desert and turn its capital into a cool green oasis
They plan to plant seven-and-a-half million trees across the city and build numerous new parks and green spaces including one four times the size of Hyde Park. A new irrigation system using treated wastewater is being developed, and the building code is being rewritten taking inspiration from traditional local architecture to make new homes more energy efficient. Much is riding on the project’s success – making Riyadh a more appealing place to live to tempt in expats and foreign investment is a cornerstone of Crown Prince Mohamed bin Salman’s efforts to overhaul the country’s image and diversify the economy away from oil. And with millions of people suffering from extreme heat in cities around the world – increasingly relying on environmentally disastrous air conditioning – the lessons Saudi Arabia learns could be vital to averting the worst effects of climate change in the coming decades.
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Saudi Arabia: Israel determined to sabotage Syria’s chance for stability
Saudi Arabia said Monday that Israel’s seizure of a buffer zone in the Golan Heights shows its determination to sabotage Syria’s chance of restoring stability. Israeli forces announced over the weekend that they had deployed to the buffer zone, claiming that the move was to protect Israeli citizens. Despite Israel’s foreign minister saying the takeover was temporary, embattled Prime Minister Benjamin Netanyahu quickly came out and said that the Golan Heights would remain Israeli “for eternity.”
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Apple announces retail expansion plans in Saudi Arabia
The company is set to debut its online Apple Store in the summer of 2025, offering a complete range of products with Arabic service and support for the first time. From 2026, Apple aims to inaugurate the first of many flagship stores across the country. Apple is in the early phases of designing a store at Diriyah, a UNESCO World Heritage site. Apple CEO Tim Cook said: “We’re excited to be expanding here in Saudi Arabia with the launch of the Apple Store online next year, and the first of several flagship Apple Store locations starting in 2026, including an iconic store at the stunning site of Diriyah coming later.
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Assad’s downfall is a humbling blow to Russia. How will it affect Putin’s prestige?
Almost exactly seven years ago, President Vladimir Putin stood with Russian troops at their air base in Syria and proudly declared victory over “terrorists” in that country as part of the Kremlin’s military intervention to prop up the government of Bashar Assad amid a civil war. This weekend, those hard-won gains seemed a distant memory. Assad hastily fled to Moscow as his power crumbled during a lightning offensive by rebels that his main international allies, Russia and Iran, were unable to stem. The Kremlin’s failure to prevent Assad’s swift downfall has exposed limits of Russia’s power and dented its international clout at a pivotal stage of its war in Ukraine.
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UN pledges to address migrant labour rights as Saudi Arabia is set to host 2034 World Cup
The UN High Commissioner for Human Rights, Volker Türk, has pledged to ensure proper labour standards during tournament preparations, which will heavily rely on migrant workers. Two days before FIFA is set to officially confirm Saudi Arabia as the host of the 2034 World Cup, the United Nations’ top human rights official pledged on Monday to advocate for the proper respect of migrant labour standards during the tournament preparations. The kingdom’s plans include constructing eight of the 15 proposed stadiums from scratch and adding 175,000 hotel rooms relying heavily on migrant workers — primarily from South Asia — under a labour framework that human rights groups have criticised for inadequate protections.
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Seismic events in Syria will not affect oil markets. Here’s why
On one level, that is not surprising. Syria does have some oil – capacity to produce around 450,000 barrels per day is usually cited – but it has been a footnote in global markets for many years because of civil war and the resulting infrastructure and investment deficits. It has become an accepted truth that the only regional event that will really get the oil price soaring again is the closure of the Straits of Hormuz, through which about 20 percent of the world’s crude passes.
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Israel pounds Syrian army bases, denies deeper incursion
Israel pounded Syrian army bases on Tuesday in strikes it says aim to keep weapons from falling into hostile hands, but denied its forces had advanced into Syria beyond a buffer zone at the border. In the Syrian capital, banks reopened for the first time since the overthrow of President Bashar al-Assad, in a major step towards restoring normal life. Shops were reopening, traffic returned to the roads, construction workers were back fixing a roundabout in the city centre and street cleaners were out sweeping the streets.
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Netanyahu corruption trial: What you need to know
Netanyahu was indicted in 2019 on charges of bribery, fraud and breach of trust - all of which Netanyahu denies. The trial began in 2020 and involves three criminal cases. He denies the charges and has pleaded not guilty. Prosecutors allege Netanyahu granted regulatory favours worth around 1.8 billion shekels (about $500 million) to Bezeq Telecom Israel (BEZQ.TA). In return, prosecutors say, he sought positive coverage of himself and his wife Sara on a news website controlled by the company's former chairman, Shaul Elovitch. In this case, Netanyahu has been charged with bribery, fraud and breach of trust.
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Shaping the future of an historic region with Fabien Toscano, CEO, AlUla Development: Video
The latest episode of Invested in Better is looking back to go forward with a focus on the magical region of AlUla and the exciting modern developments happening there. UDC’s CEO, Fabien Toscano, tells host Kimberley Leonard about the ambitious plan to provide a luxury heritage experience and how PIF’s vision is helping shape this.
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