Recent stories from sustg

  • Smartphone Generation: The Overnight Mobile Internet Revolution in the MENA Region
     

    What is the single indicator related to the online market opportunity in the United Arab Emirates and Saudi Arabia that beats all other developed and developing countries? Just take a look at people in coffee shops, malls, or even at family gatherings, you’ll notice immediately that everyone has a smartphone. To be specific, 74% of […]

     
  • Investing in Middle East Healthcare for both Financial and Social Returns
     

    It is no secret that Gulf Cooperation Council (GCC) governments are spending billions of dinars, riyals and dirhams on upgrading their healthcare infrastructure. Local and regional newspapers are filled with stories on newer, bigger and flashier hospital projects. Saudi Arabia’s 2013-2014 budget includes funds for 19 new hospitals in addition to the 102 hospitals currently […]

     
  • At Policymakers Event, Prince Turki al-Faisal Takes Aim at Allegations of Saudi Support of Terror
     

    Saudi Arabia’s Prince Turki al-Faisal, Chairman, King Faisal Center for Research and Islamic Studies, Riyadh, Saudi Arabia and former Saudi Arabian Ambassador to the United Kingdom and to the United States of America, delivered sharp criticism of those who put forth unsupported allegations of Saudi financing of extremism abroad, urging them to come forward with […]

     
  • After Sfakianakis Hire, Ashmore to Open an Office in Saudi Arabia Ahead of Market Opening
     

    London-based Ashmore Investments is set to open an office in Saudi Arabia before the opening of the Saudi Stock Exchange to foreign investors, the Wall Street Journal‘s Nicholas Parasie reports. Ashmore, which is registered with the Saudi market regulator the Capital Markets Authority and based in Riyadh on Olaya Main Street, recently hired John Sfakianakis to join the […]

     
  • Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
     

    An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]

     
  • At C3 US-Arab Business Summit in New York, Experts Discuss Opportunities
     

    On Monday, business and government officials gathered in New York City for the C3 U.S.-Arab Business Summit to discuss opportunities and key issues to the region. In his Keynote address, UAE Businessman Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group, discussed his path to success and how he built his business empire over […]

     
  • UAE Fighter Pilots who Bombed IS in Syria Led by Female Commander
     

    A Saudi Prince and a female fighter pilot from the United Arab Emirates took part in this week’s airstrikes on the Islamic State in Syria, according to reports and photos emerging on the social networking site Twitter. Fighter pilots from the UAE’s air force were led by Maj. Mariam Al Mansouri, a female commander of the […]

     
  • C3 US-Arab Business Summit Set for October 6, 2014 in New York City
     

    Since 2012, C3 Summit, in collaboration with the US State Department, US Chamber of Commerce and the US Department of Commerce, has been producing US-Arab Summits focusing on healthcare, commerce and economic development between the Arab region and North America.   Given the continuing growth and importance of the business sector to both regions, C3 has developed the US-Arab […]

     
  • Desert Classic: Toyota’s Iconic Land Cruiser ’70’ to be Re-Released
     

    Toyota’s original iconic Land Cruiser 70, popular among Saudis and others in the region, is receiving a makeover. Toyota is re-releasing its classic desert car as part of a special edition to “commemorate Toyota’s longest-running nameplate,” the company said in a press release. The Land Cruiser 70 was first released in 1984, and the re-release […]

     
  • A Tadawul Opening Road Map
     

    Jadwa Investments is a well respected Shariah-compliant investment bank based in Saudi Arabia.  Jadwa’s market studies and regular updates can be counted on to be highly informed and concise analyses of the topic at hand. Their monthly ‘Chartbooks,’ quarterly GDP updates, annual budget report and specific sector analysis are regular features on the Saudi-US Trade […]

     

MUST-READS

  • UAE announces major education change for students

    The UAE Ministry of Education has announced changes to allow students more freedom to select subjects tailored to their abilities and interests. The UAE Ministry of Education has introduced a new model for the eleventh and twelfth-grade students in the general and advanced streams in public and private schools that implement the Ministry’s curriculum, to allow them to choose elective subjects.

  • UK business minister to visit Qatar, Saudi Arabia and UAE

    Britain's business and trade minister Kemi Badenoch will visit Qatar, Saudi Arabia and the United Arab Emirates this week as part of her efforts to reach a trade deal with the six countries in the Gulf Cooperation Council (GCC). Trade talks between Britain and the GCC - whose members also include Bahrain, Kuwait and Oman - started last year and there have been three rounds so far.

  • Saudi and UAE astronauts working together in space ‘will inspire the Arab world’

    Saudi astronauts gearing up to join the UAE's Sultan Al Neyadi on the International Space Station next week hope to inspire people across the Arab world. Ali Al Qarni, 31, and Rayyanah Barnawi, 33, the first Saudi female astronaut, are preparing to blast off to the orbiting laboratory on May 22 at 1.37am GST (May 21, 5.37pm ET) from the Kennedy Space Centre in Florida.

  • US Biden express gratitude to UAE for joint efforts in climate initiative

    The culmination of the Aim for Climate summit, which started on 8 May in Washington DC, saw collaboration between the US Department of Agriculture and the UAE Ministry of Climate Change and Environment in organising the event. Her Excellency Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, and numerous ministers, government officials, and non-government representatives from several partner countries were in attendance.

  • Metaverse could add $55bn to economies of Saudi Arabia and UAE by 2035, study says

    Metaverse technologies have the potential to add a combined $55 billion to the economies of Saudi Arabia and the UAE by 2035, a new study from Facebook parent Meta Platforms suggests. The innovation could contribute up to $38.1 billion and $16.7 billion to the kingdom and the Emirates respectively by the middle of the next decade, as the nations adopt the metaverse, the report by consultancy Deloitte said. The minimum impact would be $20.2 billion for Saudi Arabia and $8.8 billion for the UAE, the study said.

  • Commentary: Saudi, UAE Had to Bring Assad’s Syria Back Into Arab League

    Because of this incredible record of brutality, much of the world, including many Arabs, are dismayed at the practical re-embracing of the dictatorship. Yet there really hasn’t been any long-term alternative for the Arab states ever since the rebel-held parts of Aleppo fell to pro-regime forces at the end of 2016. That functionally ended the main part of the war for what the dictatorship has called “necessary Syria,” the central swath of the country running from the Lebanese border up the Mediterranean coast and inland far enough to encompass all the major cities.

  • Commentary: Saudi, UAE Had to Bring Assad’s Syria Back Into Arab League

    Because of this incredible record of brutality, much of the world, including many Arabs, are dismayed at the practical re-embracing of the dictatorship. Yet there really hasn’t been any long-term alternative for the Arab states ever since the rebel-held parts of Aleppo fell to pro-regime forces at the end of 2016. That functionally ended the main part of the war for what the dictatorship has called “necessary Syria,” the central swath of the country running from the Lebanese border up the Mediterranean coast and inland far enough to encompass all the major cities.

  • World not ready yet to ‘switch off’ fossil fuels, COP28 host UAE says

    The United Arab Emirates said on Tuesday that countries should agree to phase out fuel emissions - not the production of oil, gas and coal - at the upcoming U.N. climate change negotiations that it will host this December. The comments reflect deep divisions between nations over how to combat global warming ahead of the COP28 talks. Some wealthy Western governments and climate-afflicted island nations have been pushing for a phase out of fossil fuels, while resource-rich countries have campaigned to keep drilling.

  • In a first, NSAs of US, India and UAE hold meet in Saudi

    The US NSA said the “fundamental notion” behind the partnership was to “connect South Asia to the Middle East to the United States in ways that advance our economic technology and diplomacy”. “And we have already got a number of projects underway and some new exciting steps that we are looking forward to undertaking in the months ahead,” he said.

  • Targeted Acquisitions, Major Commissions: The UAE’s Dual Approach to the Naval Defense Sector

    The UAE has sought to enhance its naval might and secure its fast-expanding networks of ports and logistics infrastructure to match its evolving strategic and commercial ambitions, in the Middle East and beyond.