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  • Deputy Crown Prince to Promote Saudi Vision 2030 in Japan, China and at G20
     

    Saudi Deputy Crown Prince, Minister of Defense and head of the influential Council of Economic and Development Affairs, HRH Mohammed bin Salman, plans to visit China August 29-31 and Japan August 31-September 3. Prince Mohammed will then attend the Group of 20 Summit September 4-5 to be held in Hangzhou, China where he will be […]

     
  • In 2016, Saudi Restrictions Removed for U.S. Meat Exporters
     

    2016 has been a good year for U.S. farmers and food producers looking to expand into the Saudi market as the Kingdom has relaxed previously established restrictions on both poultry and beef imports from the United States.  In July, Saudi Arabia lifted a lengthy four-year ban on US beef imports that followed a scare over […]

     
  • Contemporary Saudi Art Exhibit Continues Tour of America
     

    Today’s SUSTG Review includes a review from the East Bay Express about GENERA#ION, a traveling show presenting contemporary art from Saudi Arabia that is now on view in a number of galleries in San Francisco.  The East Bay Express gives the show a strong recommendation and, in fact, the exhibition has been very well-received as […]

     
  • Ministry of Labor Moves to Implement Saudisation of all Telecom Shops
     

    The Saudi Ministry of Labor and Social Development continues to move aggressively to implement its goal to Saudize the telecom sector – specifically workers in mobile telephone shops – by September 2, 2016. Minister Mofrej Al-Haqbani had previously stated that, “We have no intention of postponing the implementation of the decision or extending the grace […]

     
  • Saudi CMA Presses on Adoption of International Financial Reporting Standards
     

    The Saudi Capital Market Authority (CMA) continues to press forward it’s efforts to make the Saudi stock market (Tadawul) more attractive to foreign investors.  Earlier this month the CMA approved amended rules for Qualified Foreign Investors by lowering the asset qualifications as well as adjusting upwards some key ownership limitations.  For more on those changes […]

     
  • John Kerry to Visit Saudi Arabia
     

    U.S. Secretary of State, John Kerry, will travel to Kenya, Nigeria and Saudi Arabia next week as part of a tour that is expected to focus on counter terrorism.  Secretary Kerry is expected to be in Jeddah on Wednesday, August 24th. AFP reports that Secretary Kerry will meet with his counterparts from the six-nation Gulf […]

     
  • Ematah (Removal) Campaign Addresses Saudi Litter
     

    The ‘Crying Indian’ was one of the most iconic images on American television in the 1970s. Produced by the Keep America Beautiful organization it featured Iron Eyes Cody as a Native American distraught over the amount of pollution and litter there was in the United States. Litter was a significant issue in America at the […]

     
  • As Entertainment Industry Develops, A ‘Great Opportunity’ for Cinema Business Awaits in Saudi Arabia
     

    With Deputy Crown Prince Mohammed bin Salman’s recent visit to the United States that included meetings with several top entertainment industry executives in Silicon Valley, it is quite possible that entertainment options in Saudi Arabia could be dramatically greater in a decade. But what will that look like? The Vision 2030 document states that the Kingdom’s leaders “consider culture […]

     
  • As Civilian Casualties Grow in Yemen, Capitol Hill Questions U.S.-Saudi Arms Deals
     

    As casualties mount in the Saudi-led war in Yemen to reinstate the legitimate U.N.-recognized Hadi government, some U.S. lawmakers are considering whether to block the sale of additional arms to Saudi Arabia. It is not known if the potential block has significant backing on Capitol Hill, and criticism of past arms sales to Saudi Arabia […]

     
  • Social Media Lights Up after First Saudi Woman Competes in 100m in Rio
     

    Saudi Sprinter Kariman Abuljadayel made history as the first woman ever to compete in the 100m dash in the Olympics at Rio, and she did it covered from head-to-toe. The sprinter did not qualify for the final event, but her participation in the 100m dash – like Sarah Attar’s participation in the 800m race in London in […]

     

MUST-READS

  • Saudi Arabia records 2nd highest amount of rainfall in 32 years

    Saudi Arabia recorded the second highest amount of precipitation in its history in 32-year, after it was witnessed during last January by rains higher than the normal rate compared to the period 1991-2020, the National Center of Meteorology (NCM) announced. NCM’s announcement came while revealing a climate report for rains and temperatures in January 2023, noting that most of the stations in the Kingdom had recorded rainfall higher than the normal. The rainfall quantity in Al-Qassim station during last January amounted 122.7 mm, highest in its history, compared to the period 1991-2020.

  • Dubai’s property market made over $9.3bn in March 2023 alone

    Recent data found by Property Founder has revealed Dubai’s flourishing property market. According to Property Finder’s data, March 2023 real estate transactions recorded around 45% YoY increase in volume by crossing 12,000 sales transactions compared to 8,344 in March 2022.

  • Kuwait confiscates 300,000 expat driving licenses: Report

    Kuwait’s Ministry of Interior has formed a new committee to withdraw driving licenses from expats who hold a salary of less than KWD600 and those who do not have a university degree, according to a report by the Arabic daily Al-Jarida. The ministry will reportedly implement its decision to “deal with traffic jams,” the report said, adding that the committee was formed by First Deputy Prime Minister, Minister of Interior and Acting Minister of Defense, Sheikh Talal Al-Khalid.

  • Saudi bourse gains on higher oil prices

    Saudi Arabia's stock market ended higher on Tuesday on rising oil prices, while the Egyptian bourse eased after four sessions of gains. Crude prices - a catalyst for the Gulf's financial markets - rose after OPEC+ plans to cut more production jolted markets on Monday, with investor attention shifting to demand trends and the impact of higher prices on the global economy.

  • Saudi Arabia Super App Startup ToYou Hires Moelis to Help Raise Funds

    Saudi Arabia’s ToYou, a startup that provides a range of services from ride hailing to food delivery, has hired Moelis & Co. to help raise funds to fuel the super app’s growth. Talks for the financing round are at an early stage and the target amount is still being firmed up, according to people familiar with the matter, who asked not to be identified because the information is private.

  • Cross-border rockets fired from Gaza after Israeli police raid Al-Aqsa mosque

    Israeli police entered Jerusalem's Al-Aqsa mosque in force before dawn on Wednesday and clashed with worshippers, drawing condemnation from Arab countries and a furious reaction in the occupied West Bank and crossborder strikes in Gaza. The incident, during the Muslim holy month of Ramadan and on the eve of the Jewish Passover, came amid fears that tensions built up during a year of escalating Israeli-Palestinian violence could be unleashed at the Al-Aqsa mosque, known to Jews as the Temple Mount.

  • The high-speed train in Saudi Arabia that connects Mecca and Medina

    In the distant past, Muslim pilgrims came to the holy city of Mecca on foot. Now, though, they can come via high-speed train. About 50 times a day these sleek, long-nosed javelins shoot across the baking-hot deserts of Saudi Arabia, reaching speeds of up to 300 kph (186 mph) carrying pilgrims and other passengers.

  • What Saudi Arabia’s Shanghai Cooperation deal means for China and the region

    "With the emergence of China as a rising international power, Riyadh does not want China's relations in the region to be limited to strategic relations only with Iran," said Al-Otaibi. "Saudi Arabia aims to strengthen the Gulf and Arab weight in the circle of China's relations with the region."

  • Saudis are draining Arizona to feed their cows? Not exactly

    Tronstad estimates that of all the water used to irrigate farmland in Arizona, exported alfalfa accounts for 2% to 4.6% of it – or 121,000 acre-feet to 202,000 acre-feet in 2022. That’s not insignificant. The city of Phoenix typically delivers a little more than 300,000 acre-feet of water to taps each year, for comparison. But considering that agriculture accounts for about 70% of water use statewide, exported alfalfa represents just a few drops in that bucket.

  • Opinion: Erdoğan’s authoritarian bargain collapses in Turkey

    Turkey’s presidential and parliamentary elections on May 14 will pose a key question of our time: is it possible to slow authoritarian backsliding and renew democratic progress? At a time of autocratic surge, it has become fashionable to make bleak predictions about the fate of liberal democracies. Less scrutinised is the future of autocracies. Will countries such as Turkey that descended into one-man rule remain autocratic? Is it possible to depose entrenched strongmen like Recep Tayyip Erdoğan through elections? Turkey’s opposition parties have never been more optimistic about that prospect, and for good reason. Just like democracies, autocracies die in poverty. Strongmen mobilise popular support behind their autocratic agendas but they must deliver economic growth. Erdoğan came to power in 2003 after the worst economic crisis in three decades. He took the reins of power in the name of the forgotten people, pledging prosperity. He followed through on that promise in his first decade in charge thanks to an economic rebound and a pro-western foreign policy.