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Secretary Kerry Returns to the Region for Meetings with Egypt, Qatar
- August 3,2015
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- SUSTG Team
US Secretary of State John Kerry departed late Friday to Egypt and Qatar for a round of diplomatic talks, where the Secretary hopes to ease Gulf countries’ concerns about the Iran nuclear deal. The trip will not include a stop in Israel, according to reports. Today, Secretary Kerry will travel to Doha to meet with his […]
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U.S. State Department OKs Sale of 600 Patriot Missiles, Ammunition and Arms to Saudi Arabia
- July 30,2015
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- SUSTG Team
The U.S. State Department today approved the sale of 600 patriot missiles to Saudi Arabia at a cost of $5.3 billion, according to reports. The additional additional PAC-3 missiles for Saudi Arabia will be built by Lockheed Martin Corp. “The Kingdom of Saudi Arabia has requested a possible sale of six hundred (600) Patriot Advanced Capability-3 […]
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Is SABIC Looking to Invest in U.S. Shale?
- July 27,2015
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- SUSTG Team
SABIC CEO Yousef al Benyan said the company is looking to expand its interests in U.S. shale gas through joint venture projects, according to a report in Bloomberg. SABIC has signed an agreement with Houston, Texas-based Enterprise Products Partners L.P. to get shale gas, according to the report, to be used in the United States or […]
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Deputy Crown Prince Mohammed bin Salman Orders Aid to Yemen as Gains for Saudi-backed Forces Continue
- July 24,2015
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- SUSTG Team
Saudi-led coalition land forces operating in Yemen have seen gains in recent weeks following the initiation of Operation Golden Arrow to recapture the city of Aden on July 16, according to DefenseNews.com. Saudi Arabia’s Brig. Gen. Ahmed Al-Assiri told Al-Arabiya television in an interview on July 22 that “[Saudi] are supporting the legitimate corps in the […]
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In Saudi Arabia, Carter Says Saudi Arabia Supports Iran Deal; King Salman to Visit U.S. in Fall
- July 23,2015
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- SUSTG Team
Following a meeting in Jeddah with HRH King Salman and Deputy Crown Prince and Minister of Defense Prince Mohammed bin Salman, U.S. Defense Secretary Ash Carter said the King and Prince expressed “their support for the Iranian nuclear deal, albeit with a couple reservations about how the deal would be implemented,” according to the Wall Street Journal. According […]
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Defense Secretary Ash Carter in Saudi Arabia to Meet with King Salman, Deputy Crown Prince Mohammed bin Salman
- July 22,2015
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- SUSTG Team
Secretary of Defense Ash Carter met today with King Salman and his defense minister, Deputy Crown Prince Mohammed bin Salman, in Jeddah on the Red Sea coast to reassure Saudi Arabia about U.S. commitment to their security. Secretary Carter is also slated to meet with GCC military officials, per remarks made by Saudi Foreign Minister Adel Al-Jubeir […]
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Saudi Arabia’s King Salman’s Outreach to Hamas Leader Seen as Widening Effort to Counter Iran through Arab Unity
- July 21,2015
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- SUSTG Team
King Salman’s historic meeting last Friday with Hamas leader Khaled Meshaal “was part of an effort by Riyadh to shore up Arab unity in the face of a perceived threat from Iran that it believes has become more urgent since last week’s nuclear deal,” writes Angus McDowall in Reuters. Meshaal, who was on pilgrimage to […]
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Saudi Arabia Prepares Female Faculty Members For Online Education
- July 21,2015
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- SUSTG Team
The Open Education Consortium today announced a partnership with the National e-Learning Center of Saudi Arabia to offer a year-long, comprehensive eLearning Pioneers Program. The core of the program is built on the principles of online learning in the U.S. to prepare female faculty and university leaders with skills in online and blending learning. With […]
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How Saudi Women are Finding a Way in the Workforce
- July 20,2015
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- SUSTG Team
Saudi women’s successes in the workforce represent “evidence of a slow but seismic shift” in Saudi society with entrepreneurs and career professionals finding ways toward career success in the Kingdom, according to a feature story by Alexandra Zarvis in the Los Angeles Times. “No matter how successful we are, no matter how much we achieve, the […]
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U.S. Secretary of Defense Ash Carter to Visit Saudi Arabia Next Week to Push Benefits of Iran Deal
- July 16,2015
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- SUSTG Team
U.S. Defense Secretary Ash Carter will travel to Saudi Arabia as part of the Obama administration’s efforts to convince skeptical allies in the region about the benefits of the Iran nuclear deal, National Security Adviser Susan Rice told Reuters in an exclusive interview on Wednesday. Carter’s trip had not been announced previously. Although Saudi Arabia […]
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MUST-READS
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Saudi StartupStartup of the Week: A Saudi Eco-friendly food waste startup brings value-added benefits
“We produce fatty acids from the food waste, extracting them through a liquid-liquid extraction system. The fatty acid oils are then used to help animal feed, as well as the feed and chemical industries,” said Xu.
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PowerSEC to roll out smart meters in Saudi Arabia next month
Saudi Electricity Company (SEC) has revealed that it will soon launch the first phase of the smart metering project. Old smart meters will be replaced with new smart meters starting February. In the second phase, meters will be linked to telecom systems, presumably to users’ smartphones, before being linked to the billing systems in the third and final stage.
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EconomySaudi Arabia Escapes Deflation Just Barely as Cycle Turns: Chart
Saudi inflation crawled above zero in December for the first time in a year, ending an unprecedented stretch of price declines made worse by a slump in housing costs. A pickup in the non-oil economy is likely to keep up price pressures after the headline figure ticked up as food inflation doubled last month. A diminishing drag from housing, coupled with stronger domestic demand, should push Saudi inflation further into positive territory throughout this year, according to Ziad Daoud of Bloomberg Economics.
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ChineseSaudi schools start teaching Chinese language
The eight boys schools, which teach the language from the second semester that started Sunday in the kingdom, include four in the capital Riyadh, two in the western city of Jeddah and two others in the Eastern region, spokesman for the Education Ministry Ibtasam Al Shiheri said, according to Okaz newspaper.
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Desert XDesert X AlUla—the inaugural sculpture biennial in a historic Saudi Arabian valley—announces participants
Fourteen artists including five Saudi nationals will take part in the inaugural Desert X exhibition launching in the vast AlUla region in northwest Saudi Arabia later this month (31 January-7 March).
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SudanSudan army quells Khartoum mutiny by pro-Bashir troops
Shooting broke out on Tuesday in the capital Khartoum and the city's airport was briefly closed amid the clashes. The violence was sparked by a row over severance pay for officers in a much-feared intelligence agency that is being overhauled, the government said.
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EgyptIsrael starts exporting natural gas to Egypt under landmark deal
Israel began exporting natural gas to Egypt on Wednesday under one of the most important deals to have been signed by the neighbors since they made peace decades ago. A private firm in Egypt, Dolphinus Holdings, will purchase 85 billion cubic meters (bcm) of gas, worth an estimated $19.5 billion, from Israel’s Leviathan and Tamar offshore fields over 15 years.
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Healthcare IPOSaudi Healthcare Firm Said to Start IPO in Wake of Aramco Sale
Dr. Sulaiman Al Habib Medical initially planned to sell shares in 2016, people familiar with the matter said at the time. The company operates at least 14 medical facilities across Saudi Arabia, the United Arab Emirates and Bahrain, according to its website.
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SyriaFor these Syrian artists, humor is essential to coping with oppression and war
There is an Arabic proverb that says the worst tragedies are the ones that make you laugh. Alzakout is part of a flourishing community of Syrian artists in exile who are testing that notion. After eight years of conflict in Syria, at least half a million people have been killed and about 11 million have been forced to flee their homes. The war has devastated the country’s infrastructure and economy, plunging 80 percent of the population into poverty.
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Capital MarketsSaudi Healthcare Firm Said to Start IPO in Wake of Aramco Sale
One of Saudi Arabia’s largest private healthcare operators plans an initial public offering next month, according to people familiar with the matter, in what will be a litmus test for investor appetite after the world’s biggest share sale. Dr. Sulaiman Al Habib Medical Group appointed Jadwa Investment and Riyad Capital as advisers, the people said, asking not to be identified because the matter is private.
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