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Recent stories from sustg
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Crown Prince Mohammed bin Naif Joins Twitter
Following the lead of King Salman and other top Saudi government officials, Saudi Arabia’s Crown Prince has joined the social microblogging website Twitter using the handle @M_Naif_Alsaud. The Crown Prince chairs the Council of Political and Security Affairs (CPSA) and is Minister of Interior of Saudi Arabia. His first tweet, sent on April 5, 2016 […]
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Saudi Arabia was world’s third largest military spender in 2015, surpassing Russia
Saudi Arabia surpassed Russia in military spending for 2015 to be the world’s third largest spender on defense, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The United States retained its top position globally in total military spending in 2015, accounting for almost one-third of all military spending globally. The […]
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Saudi Arabia taking ‘unprecedented hands-on role in housing finance and development’
Saudi Arabia’s housing minister Majed al-Hogail gave an interview with Bloomberg last week in which he discussed the government’s plans to create its own development company and start a mortgage-guarantee fund to encourage banks to increase lending for Saudis. “‘We are looking to improve the productivity of the local developers’ but also trying to attract international […]
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Throwback: Photos of King Salman at King Saud University, 40 Years On
Recently released photos by the Saudi Press Agency (SPA) show King Salman at the King Saud University roughly 40 years ago, as the then-prince assisted in shaping the Riyadh-based University to be what it is today. King Saud University (KSU) is billed as “the premier institution of higher education in the Kingdom of Saudi Arabia. Prince […]
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New Homeland Security Decision Allows Saudi Students to Stay in U.S. for 3 Years By Getting On the Job Training
The United States Department of Homeland Security (DHS) recently published a new rule allowing F1 students the opportunity to stay in the country longer “by getting training on the job at some companies for a period of 36 months,” according to a report in Arab News and information posted to the DHS website. According to DHS, […]
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What Will Be Saudi Arabia’s Next Tourist Destination?
Saudi Arabia’s King Abdullah Economic City (KAEC) attracted more than 100,000 visitors last year, a sign that the planned mega city about 100 miles north of Jeddah on the Red Sea might become Saudi Arabia’s next domestic tourist destination. Although Saudi citizens typically flock to Dubai, Bahrain, or elsewhere abroad for leisure trips, that might […]
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In Bid to Boost Transparency, Saudi Regulators Require International Banks to Disclose Financial Statements
Saudi Arabia’s Capital Markets Authority (CMA) is instructing international banks to publicly disclose financial statements for the first time as the kingdom seeks to boost transparency, according to a report in Bloomberg. The Bloomberg report says that companies under the regulation of the CMA in Saudi Arabia must publish the financial information on their websites […]
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Surge in Flights from Saudi Airports as Kingdom’s Aviation Sector Booms
Saudi Arabia’s airports have seen a “substantial growth in international traffic” as the number of international flight services from the Kingdom’s airport surges 50% since last year. The number of international flight services from the domestic airports jumped by 51.5 percent to 26,361 at the end of 2015 from 17,405 in 2014, according to a […]
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Construction Payment Delays Draw International Attention, Report Says
Foreign governments are pressing both government authorities and company executives in Saudi Arabia “to ensure that local construction firms make delayed salary payments to thousands of workers, a sign of pressure on the kingdom’s economy due to low oil prices,” according to a Reuters report. Construction firms in Saudi Arabia are have been squeezed as […]
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Saudi Arabia Eyes Privatization of Power, Opening Opportunities for International Power Companies
Saudi Arabia is heading towards privatizing the electricity sector and “shifting towards solar and alternative energy in the framework of its efforts to reduce the use of fossil fuels in production rates,” according to a report in Asharq Al-Awsat citing “informed sources.” The Saudi Electricity Company plans to “split into four units with local and […]
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MUST-READS
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Just the beginning of a long story on Saudi Arabia’s Tabuk region.
From deep slot canyons to the most incredible towers I've seen in any desert in the world, this is a region for the ages. I haven't processed much yet from a recent visit, but here's a little to get you started
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Head of Saudi Arabia’s AlUla cultural development arrested over corruption claims
The allegations concern events prior to his AlUla appointment in 2017. He is accused of having benefited from contracts given by the King Abdullah City for Atomic and Renewable Energy, a public scientific research fund, to a company he co-owns. The contracts were worth $55m. The source from the anti-corruption authority says that three of his partners have also been arrested, have made confessions and are now awaiting trial.
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U.S. struggles to contain Gaza conflict, as Qatar PM sees progress in hostage release talks
“I think it’s very important to note that this is an incredibly volatile time in the Middle East,” Blinken said at a press event with visiting NATO Secretary General Jens Stoltenberg this afternoon. “I would argue that we have not seen a situation as dangerous as the one we’re facing now across the region since at least 1973, and arguably even before that.” “We’ve made very, very clear from day one that we’re going to defend our people,” Blinken said. “We’re going to defend our personnel.”
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3 Options for How Biden Could Respond to Iran
The Biden administration said in a statement on Sunday that U.S. intelligence had already determined that the drone strike was orchestrated by “radical Iran-backed militant groups” in Syria and Iraq. The Associated Press reported on Monday that groups in Iraq were specifically responsible, and a coalition of Iran-backed militias called the Islamic Resistance in Iraq claimed on Sunday that it had targeted U.S. personnel in the vicinity, but it did not explicitly confirm that it had carried out this specific attack. Iran said it had “no connection and had nothing to do” with the strike, stating that decisions by so-called “resistance groups” in the region to attack U.S. forces are made by the groups on their own. However, Iran remains the primary backer of such groups, and its Islamic Revolutionary Guard Corps maintains close ties with them.
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Qatar’s Prime Minister Says Progress Made on Hostage-Release Deal
“We are in a much better place than where we were a few weeks ago,” said Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani, during a public forum in Washington. Still, gaps remain wide over key issues, including international guarantees, that during the pause in fighting a comprehensive agreement would be reached that would lead to a permanent end to the war, according to officials familiar with the talks between the leaders. While the talks were positive, a deal isn’t imminent, they said.
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U.S. Failed to Stop Drone Attack Because of Identification Mixup
The U.S. failed to stop a deadly attack on an American military outpost in Jordan because the enemy drone approached its target at the same time a U.S. drone was also returning to base, U.S. officials said Monday.
The return of the U.S. drone led to some confusion over whether the incoming drone was friend or foe, officials have concluded so far.
The enemy drone was launched from Iraq by a militia backed by Tehran, U.S. officials said. The outpost, Tower 22, sits in Jordan, near the borders of Iraq and Syria.
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Riyadh prepares construction tender for stadiums
Saudi Arabia's Sport Ministry is preparing to issue tenders for contracts to build sports stadiums as part of its SR10.1bn ($2.7bn) capital projects programme. "The prequalification process has been completed and the tender for the stadiums is expected to be issued in a week or two," sources close to the scheme told MEED. In July, the ministry invited construction companies to submit prequalification documents for the main construction contracts. The projects are slated for completion before the 2027 Asian Football Confederation (AFC) Asian Cup.
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Arab officials held secret meeting to discuss plans for post-war Gaza
Senior national security officials from Saudi Arabia, Jordan, Egypt and the Palestinian Authority secretly met in Riyadh 10 days ago to coordinate plans for the day after the war in Gaza and discuss ways to involve a revitalized Palestinian Authority in governing there, three sources with knowledge of the meeting told Axios.
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Messi fronts new global campaign for Saudi Arabia tourism
‘Saudi Welcome To Arabia’ has kicked off another global marketing campaign featuring football legend and Saudi Tourism ambassador, Lionel Messi. Launching across key target markets in Europe, India and China, the “Go Beyond What You Think” campaign is anchored on the common misconceptions about the destination. It invites audiences to experience the vibrant cultural transformation taking place across Saudi.
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Saudi, Egyptian foreign ministers call for ceasefire in Gaza
Saudi Foreign Minister Prince Faisal bin Farhan on Sunday called for an immediate ceasefire in the Gaza Strip to allow for the entry of humanitarian aid and to pave the way for a political solution to the crisis based on a two-state solution. Speaking at a press conference alongside Egyptian Foreign Minister Sameh Shoukri in Cairo, the prince said: “Today, we discussed the mechanisms of cooperation and the situation in Palestine.” The two men had earlier chaired the Egyptian-Saudi Follow-up and Political Consultation Committee meeting, which included a review of their nations’ efforts at economic integration and removing obstacles to investment.
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