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Recent stories from sustg
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The Saudi Stock Exchange is Opening Up to Foreign Investment
- July 23,2014
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- Lucien Zeigler
The Saudi Stock Market, also known as the Tadawul All-Share Index or TASI, will open up to foreign investment to money managers outside the GCC for the first time, Bloomberg reports citing the official Saudi Press Agency. “The oil-rich kingdom’s cabinet authorized the Capital Market Authority to allow overseas financial institutions to buy and sell […]
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10 Things to Know: 2014 SACM Career Fair and Graduation Ceremony at the Gaylord Hotel in Washington
- July 10,2014
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- SUSTG Team
If you’re attending the 2014 SACM career fair and graduation ceremony in the Washington, D.C.-area starting on May 24th, you’ll be joining thousands of other Saudi students in the U.S. for an excellent networking opportunity. Students on the King Abdullah Scholarship Program and their families come from around the country to celebrate their achievements and […]
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$16.5 Billion Mecca Metro Deal to be Signed in October by Mayor
- July 7,2014
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- Lucien Zeigler
Mecca will sign a $16.5 billion contract with the winning bidder for a new metro project for the holy city, ArabianSupplyChain.com via the Arabic newspaper Al Youm said. The contract will include 88 new train stations and 22 underground depots, the report said:
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Jamal Khashoggi Addresses the Deteriorating Security Situation in Iraq and Why ISIS is a Threat to Saudi Arabia and the United States [VIDEO]
- July 2,2014
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- Lucien Zeigler
As the security situation in Iraq deteriorates and the Islamic State of Iraq and the Levant (ISIL) continues to battle the security forces of the Maliki government in Iraq, SUSTG and SUSRIS hosted a special edition of FocusKSAwith experts to discuss the implications of these developments for Saudi Arabia and the U.S.-Saudi relationship. Joining the panel […]
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Hardin Lang Discusses the Advance of ISIS in Iraq and the Implications for the U.S.-Saudi Relationship [VIDEO]
- July 2,2014
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- Lucien Zeigler
Last week’s FocusKSA discussion brought together leading thinkers and analysts to discuss the advance of ISIS in Iraq and hash out the implications for key players, especially the United States and Saudi Arabia. In his opening remarks, Hardin Lang, Senior Fellow, Center for American Progress (CAP), discussed the findings from the just-released CAP study, co-written with Brian Katulis […]
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Uptick in US-Saudi Diplomacy including Secretary Kerry’s Praise for Saudi ‘Compassion’ for its $500m Humanitarian Pledge to Iraq
- July 2,2014
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- Lucien Zeigler
U.S. Secretary of State John Kerry lauded Saudi Arabia’s “compassion” and “generosity” after the Kingdom announced it would donate $500 million in humanitarian aid to all people of Iraq, regardless of ethnicity or religion, according to a release made public by the State Department. “Saudi Arabia has made an enormous and very significant commitment to help […]
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HRDF’s New Priority: Business Education Scholarships For Saudi’s Young Private Sector Leaders
- June 11,2014
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- Bill Connor
Since its inception in 2000, the primary mission of the Saudi Human Resources Development Fund (HRDF) has been to provide job training and locate entry-level employment for young Saudis. But thanks to a new partnership with The Madinah Institute for Leadership and Entrepreneurship (MILE), HRDF now has another ambitious goal: to educate and support Saudi’s […]
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Needed Changes at Saudi Arabia’s Majlis As Shura Council
- June 9,2014
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- John Sfakianakis
A parliament is a legislature. More generally, “parliament” may simply refer to a democratic government’s legislature. The term is derived from the French parlement, the action of parler (“to speak”): a parlement is a discussion. The term came to mean a meeting at which such a discussion took place. It acquired its modern meaning as […]
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PHOTOS: The 2014 SACM Career Fair at the Gaylord Hotel in Washington DC
- May 30,2014
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- Lucien Zeigler
The recently completed 2014 SACM Career Fair brought together over 12,500 Saudi graduates and leading employers in Saudi Arabia to match talent with opportunities. Leading companies from the U.S., Saudi Arabia and around the world set up booths to meet the recent graduates, introduce their companies, and discuss employment opportunities.
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Saudi Arabia’s Upcoming 10th Economic Development Plan is of Critical Importance
- May 27,2014
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- John Sfakianakis
Saudi Arabia’s two most important national economic goals are diversification and the creation of jobs. Simply, if the economy fails to diversify and doesn’t create enough jobs for Saudis, prospects for Saudi Arabia’s post-oil future will be severely diminished. An economic development plan is only as good as its implementation.
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Could Trump’s re-election derail the Saudi-Iran rapprochement?
Addressing the Organization of Islamic Countries (OIC) and the Arab League at the Riyadh Summit this month, Crown Prince Mohammed Bin Salman also underscored the international community’s responsibility to respect Iran’s sovereignty, a drastic shift from just eight years ago when both countries cut diplomatic relations. Riyadh and Tehran’s recent reconciliation is a product of both states’ pragmatic approach to realising their respective national and regional goals. Saudi Arabia’s ambitious Vision 2030 hinges on a stable and secure wider regional environment which would not be achieved under sustained tensions between Riyadh and Tehran.
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STC shifts narrative around the Saudi lost generation
STC, a tech and digital enabler in Saudi Arabia, has unveiled its latest campaign for the “Sawa” prepaid packages, reflecting the evolving spirit of today’s youth. Developed by VML Riyadh, the campaign, titled “For every vibe, there’s sawa,” aims to redefine perceptions around the young generation often labelled as indecisive or “جيل ضايع” (lost generation). Firas Ghamman, Executive Creative Director at VML Riyadh, explained the campaign’s vision: “We’re not just shifting perceptions of this generation, we’re celebrating their freedom to change their minds from one day to the next. They say this generation is lost, we say they’re constant explorers. With Sawa, they can explore without limits.”
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Saudi minister highlights nation’s leadership in digital innovation and AI during G20 Summit
Speaking on the sidelines of the opening day of the G20 Leaders’ Summit in Brazil, the Kingdom’s minister of communications and information technology, Abdullah Al-Swaha, highlighted Saudi Arabia’s efforts to drive economic growth and productivity through the adoption of AI technologies. He also underscored the nation’s achievements in its efforts to empower women and youth in the technology sector, noting that participation by women increased from 7 percent in 2018 to 35 percent in 2024.
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Facing the Storm: Gulf States Build Climate Resilience
The Gulf region, which is one of the world’s most water-stressed areas, has recently been exposed to frequent extreme rainstorms and floods. In April, severe rainstorms swamped the UAE, Bahrain, Qatar, Saudi Arabia, and Oman. At least 21 people lost their lives in Oman and four in the UAE. In Dubai, rainfall on April 15 broke a 75-year record for daily precipitation, forcing Dubai International Airport – the world’s second busiest – to cancel hundreds of flights.
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First EU-GCC Summit Charts Course for Strategic Partnership
On October 16, the European Union and the Gulf Cooperation Council held their first-ever summit. The meeting in Brussels, Belgium gathered leaders and representatives of the two organizations and respective member states at a critical juncture in the interinstitutional relations between the two blocs. The GCC region has rarely topped the EU strategic agenda. However, the acknowledgment of the growing interdependency between the two blocs showcased by global crises, such as the coronavirus pandemic and Russia’s war on Ukraine, and the rising diplomatic role of the Gulf Arab countries in global affairs have prompted Brussels to step up political engagement with the GCC. From a Gulf standpoint, the renewed resolve of GCC countries to diversify partners in a world order tilting toward multipolarity, coupled with the reconciliation after the 2017-21 Gulf crisis, has injected new life into the GCC project, strengthening the bloc’s standing as a meaningful institutional interlocutor.
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Secretary Blinken’s Meeting with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud
Secretary of State Antony J. Blinken met today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud in Rio de Janeiro on the margins of the G20 conference. The Secretary and Foreign Minister discussed efforts to end the war in Gaza, secure the release of hostages, and advance governance and security. The Secretary and Foreign Minister also discussed ongoing efforts to reach a diplomatic resolution to the conflict in Lebanon that fully implements United Nations Security Council Resolution 1701 and allows citizens on both sides of the border to return to their homes. The Secretary underscored U.S. efforts to increase the delivery of humanitarian assistance in Gaza and Lebanon and expressed appreciation to the Foreign Minister for Saudi Arabia’s efforts to provide aid.
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Launch of the Kering Generation Award in Saudi Arabia, a strategic market for luxury
This Monday, November 18, in Riyadh, marks the start of the competition organised by the luxury group Kering and the Saudi Fashion Commission to reward the most promising start-ups in the field of the circular economy. During the first phase, the 20 selected start-ups will be supported in a three-day boot camp and will participate in workshops designed to encourage their development. A second phase will select the ten best proposals, which will be assessed by a panel of judges on the basis of their capacity to innovate, their relevance to fashion and sustainability, their potential impact on the environment and society, and their commercial viability.
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Saudi Arabia bans commercial use of symbols and logos of other countries
Saudi Minister of Commerce Dr. Majed Al-Qasabi issued a decision banning the commercial use of symbols and logos of countries, as well as religious and sectarian symbols and logos. This is aimed at preventing the abuse or misuse of these symbols and logos. The ministry had previously announced the ban on using Saudi Arabia’s flag, which includes the name of God, the word of monotheism, the state emblem (the two swords and the palm tree), and pictures of the leadership and officials and their names in commercial transactions, including “printed materials, goods and products, media bulletins, special gifts, and others.”
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EU must put pressure on Israel over Gaza war, Borrell says
he European Union's top diplomat on Monday confirmed he would suggest to members of the bloc that the EU pauses its political dialogue with Israel, citing the country's conduct of the war in Gaza. "Many people tried to stop the war in Gaza... this has not happened yet. And I don't see a hope for this to happen. That's why we have to put pressure on the Israeli government, and also, obviously on the Hamas side," Josep Borrell told journalists ahead of an EU meeting.
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Hezbollah media head killed in Israeli strike on Beirut, security sources say
Lebanese armed group Hezbollah confirmed its media relations chief Mohammad Afif was killed by an Israeli strike on a building in central Beirut on Sunday. Israel has rarely hit senior Hezbollah personnel who do not have clear military roles, and its air strikes have mostly targeted Beirut's southern suburbs where the group has its heaviest presence. Israel's military, which earlier declined to comment, issued a statement late on Sunday reporting it had "eliminated" Afif. The Lebanese health ministry said the strike had killed one and injured three.
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