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Recent stories from sustg
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Saudi’s Tadawul: What foreign investors might expect
- August 27,2013
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- SUSTG Team
Nandagopal J. Nair in Quartz discusses what foreign investors might expect from Saudi Arabia’s $400 billion stock market:
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How stable is Saudi Arabia? Five experts consider the question.
- August 20,2013
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- Richard Wilson
Sada, the Carnegie Endowment for International Peace’s online journal focusing on the Middle East, poses the question, Is Saudi Arabia Stable?, to five experts. The responses look closely at trends that could threaten Saudi stability. Though occasionally dire, they are generally thoughtful and the points of emphasis are varied. They are also short and to the […]
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Saudi Arabia Gives $100m to UN Counter-Terrorism Center
- August 8,2013
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- Lucien Zeigler
The Royal Embassy of Saudi Arabia today announced in a distributed press release that the Kingdom has donated $100 million to the U.N. Counter -Terrorism Center on occasion of the Eid Al-Fitr, the end of Ramadan. “I announce the donation from the Kingdom of Saudi Arabia of $100 million to support this center and work for its activation under […]
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$7 Billion Deal Inked Between U.S.-Based Fertilizer Giant Mosaic Company and Ma’aden, SABIC
- August 5,2013
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- Lucien Zeigler
U.S.-based fertilizer giant Mosaic Company signed a $7 billion contract with Saudi Arabia Basic Industries (SABIC) and the Saudi Arabian Mining Company (Ma’aden) for a 3.5 million ton phosphate operation in the Kingdom, according to a press release issued today. “The estimated $7 billion greenfield project, to be known as Wa’ad Al Shamal, or Northern Promise, Phosphate Project, […]
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PHOTOS: A New Look for the Grand Mosque in Mecca – Kabaa ‘Walkaround’ Completed
- July 26,2013
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- Lucien Zeigler
Construction on the new Kabaa “walkaround” is now complete, enabling increased capacity for visitors to the Grand Mosque in Mecca, Saudi Arabia. Photos of the new construction were published on the Instagram handle of Arab News, which show a double-decker structure that appears to dramatically increase the amount of space for pilgrims to circle the holy […]
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An7a.com Releases List of Most Influential Saudis on Twitter
- July 13,2013
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- Lucien Zeigler
The Arabic website An7a.com released a list of the most influential Saudis on Twitter. The website ranks Saudi Arabia’s most popular users based on number of followers and other measurements like Klout, which measures a user’s influence and following on social networking sites. Saudi comedian Fahad Albutairi (@fahad) tops the list. Prominent Saudi commentator and […]
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U.S.-Saudi Business Opportunities Forum Website, Registration Launched by Organizers
- July 11,2013
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- Lucien Zeigler
Organizers of the upcoming U.S.-Saudi Business Opportunities Forum announced today a new website and live registration to the upcoming conference taking place September 16-18 in Los Angeles, California. The Saudi-US Trade Group (SUSTG) is pleased to be an organizer of the upcoming U.S.-Saudi Business Opportunities Forum to be held at the J.W. Marriott L.A. LIVE downtown. […]
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Foreign Worker Amnesty: Deadline Extended by Saudi King Abdullah to November 3
- July 3,2013
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- Lucien Zeigler
Saudi Arabia has given foreign workers until November 3rd to obtain legal status in the country “a day before a previous three-month amnesty expired, bringing respite to hundreds of thousands of expatriates who fear deportation,” News 24 and other outlets report. “Foreigners who do a different job to the one listed on their residence permit, […]
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Weekend Shift In Saudi Arabia ‘A Welcome Development’ Among Saudis
- July 1,2013
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- Lucien Zeigler
From SUSRIS, an excellent roundup of opinion and analysis on Saudi Arabia’s recent weekend shift and the implications for business and aspects of Saudi Arabia’s society. “There’s hardly anyone who likes to wait for the weekend to get here quickly but in the case of Saudi Arabia many have been waiting for years to see […]
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Marriott Worldwide, Saudia Announce Partnership To Offer More Reward Options for Regional Travelers
- June 25,2013
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- Lucien Zeigler
Marriott Rewards members traveling throughout the Middle East can now earn ‘Saudia’ Airlines – Alfursan Miles for stays at more than 3,700 Marriott International hotels in 70 countries across 14 distinctive brands, according to a press release. Additionally, Marriott points can also be redeemed for Alfursan Miles. The new program takes immediate effect for travelers.
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MUST-READS
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Prince Saud bin Talal Launches First Hydrogen-Powered Bus in Saudi Arabia
Al-Ahsa Governor Prince Saud bin Talal bin Badr on Thursday inaugurated the trial of the first hydrogen-powered bus in Saudi Arabia. The bus boasts the ability to travel up to 635 kilometers on a single charge and has a capacity of 45 passengers. It will connect the city of Dammam with Al-Ahsa Governorate, covering a total distance of 359 kilometers daily as part of intercity transportation services operated by SATCO, a licensed company in the southern concession area.
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British Boxer Ramla Ali Launches Production Company 786 Entertainment With Backing From Saudi Prince
British boxer, model and campaign activist Ramla Ali is launching film and TV production company 786 Entertainment, which has the backing of Saudi Prince Faisal Al Saud. Olympic boxer Ali, who moved to England in 1989 as a refugee from the Somali Civil War, was one of Time Magazine’s 2023 Women of the Year. She is now launching 786 Entertainment with her husband, manager and former coach, Richard A. Moore, and Saudi-owned Vainqueur Family Group. Moore has previously produced sports docs Fighting For A City and Being AP. The Vainqueur Family Group is headed up by Prince Faisal’s business partner, Bilal Nasser.
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Imax CEO Richard Gelfond on Launching the Company’s First Arabic Film and Expanding Its Footprint in Saudi Arabia and the MENA Region
In what amounts to a milestone for the Middle East, Imax has announced plans to release its first-ever Arabic-language feature film. It’s a comedy titled “Ambulance” led by Saudi star Ibrahim Hajjaj, whose 2023 wrestling movie “Sattar”is Saudi Arabia‘s highest grossing local title. The announcement was made by Imax CEO Richard Gelfond during the grand opening on Wednesday of a new Imax theater in the Saudi city of Jeddah, which featured screenings of “Gladiator II” and “Moana 2.” The event took place on the eve of the Red Sea Film Festival, which will open Thursday with Gelfond in attendance.
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2024 PIF Saudi International final results: Prize money payout, leaderboard and how much each Asian Tour golfer won
The 2024 PIF Saudi International final leaderboard is headed by winner Joaquin Niemann, who topped the Asian Tour leaderboard this week with a win at Riyadh Golf Club in Riyadh, Saudi Arabia. Niemann earned the win to take the final International Series title of 2024, winning with a birdie on the second hole of a sudden-death playoff against Cam Smith and Caleb Surratt after all three finished regulation on 21-under 263.
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List of Saudi Players Who Played Professionally Abroad
The professional experience of Saudi players abroad is a national project aimed at developing and nurturing Saudi talents in football by engaging with European football. This initiative enhances the ability to supply the Saudi national teams with these stars, while also opening opportunities for players to join European teams. The professional experience of Saudi players abroad has gone through important phases, some of which were individual, while others were collective, until it became a national program dedicated to football talents in the Kingdom. Through this program, players are prepared professionally and scientifically. Many players have played professionally abroad since the start of professional football in the Kingdom.
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UK’s Starmer to Push for Stronger Ties With UAE, Saudi Arabia in First Gulf Visit
British Prime Minister Keir Starmer will begin a multi-day visit to the Gulf on Sunday, his first trip to the region since taking office, seeking stronger economic and defence ties with the United Arab Emirates and Saudi Arabia. He will aim to boost investment and deepen defence and security partnerships, the government said in a statement on Saturday, describing the two Middle Eastern countries as "some of the UK's most vital modern-day partners." Starmer, elected to lead the world's sixth-largest economy in July, will arrive in the UAE on Sunday, where he is due to hold talks with President Sheikh Mohamed bin Zayed Al Nahyan on Monday. He will fly to Saudi Arabia later on Monday to meet Crown Prince Mohammed bin Salman.
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How Russia Could Maintain a Foothold in Syria
The stunning downfall of Syrian President Bashar al-Assad leaves not merely a vacuum of power in that country but a nearly endless list of unanswered questions. One of the most significant concerns the fate and future of the minority Alawite community, from which Assad and his inner circle hailed. The Assad dictatorship began when Bashar’s father, Hafez, seized control of the country in 1970. The government that Bashar inherited upon his father’s death in 2000 was nominally Baathist, a socialist and pan-Arab ideology, but the heart of the regime has always been—and, more important, perceived as—a communal Alawite project at the expense of the Syrian Sunni majority. What happens to that community now will say a great deal about whether post-Assad Syria coheres into a stable, pluralistic nation—or descends into further sectarian chaos.
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Apple announces Apple Retail expansion in the Kingdom of Saudi Arabia
Apple today announced plans to expand in the Kingdom of Saudi Arabia, starting with the launch of the Apple Store online in summer 2025. The online store will bring customers across Saudi Arabia new ways to shop Apple’s full range of products, with exceptional service and support directly from Apple in Arabic for the very first time. Starting in 2026, Apple will begin opening the first of several flagship Apple Store locations in Saudi Arabia. These retail stores will offer customers in the country even more ways to connect with Apple’s knowledgable team members and find the perfect products and services. As part of this expansion, Apple is in the initial stages of planning an iconic retail store coming to Diriyah, a UNESCO World Heritage site.
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Saudi designer finds inspiration in AlUla’s history
In AlUla, a region rich in history and natural splendor, young Saudi designer Wejdan Al-Faqiri finds her muse. Drawing from the unique essence of her surroundings, she crafts designs that echo heritage and embody the region’s identity. Al-Faqiri’s venture into clothing design stems from her deep appreciation for AlUla's details, evident in her creations and her love for handicrafts, according to a Saudi Press Agency report. Recognizing the potential in AlUla’s scenic beauty, such as rock formations and date palms, and historical sites, including ruins, Al-Faqiri translates these elements into products that narrate the essence and long-standing stories of the region.
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New KAUST president: In Saudi Arabia, the possibilities are even greater
Possibly the most exciting thing happening in Saudi Arabia at the moment is the energy generated by its youthful population, which is fully engaged in transforming the nation. Some two-thirds of Saudi Arabians are under 35 years of age, and there is a huge appetite for tertiary education, and the acquisition of the skill set the nation needs for its transformation. The work ethic of young people of all genders is high, and the energy manifested in the country's transformation is very impressive indeed. Why did I come to KAUST? For those unfamiliar with its journey, KAUST is an extraordinary university. Only 15 years old, it was endowed with significant resources by the late King Abdullah, with the mission to develop one of the world’s leading research-intensive universities in Saudi Arabia, using Caltech as a model. Its success has been remarkable. KAUST has attracted an international faculty, boasting a citation rate per faculty member that leads the world, along with outstanding students.
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