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Riyadh and Jeddah in Top 10 Global Hometowns of America’s Foreign Students
- September 24,2014
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- SUSTG Team
We recently recommended the Brookings Institution’s innovative study of foreign students in America (Brookings’ Gold: Interactive Data On Foreign Students In U.S. Higher Education). By mining visa data the study discovered a number of fascinating trends with regard to American higher education. Recognizing this commodity as a major service export, Neil Ruiz, the study’s author, […]
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U.S. and Saudi Arabia Conduct Joint Strikes on IS Targets in Syria
- September 23,2014
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- SUSTG Team
The United States and Gulf Arab allies, including Saudi Arabia, conducted joint airstrikes within Syria’s borders for the first time primarily on Islamic State targets in and around Raqqa, several news agencies and CENTCOM are reporting. Islamic State militants bore the brunt of the large-scale attack, which included strikes from various aircraft and also missile […]
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Marking Saudi National Day Celebration, U.S. Ambassador to the Kingdom Congratulates Saudis on Modernization
- September 23,2014
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- SUSTG Team
The Kingdom of Saudi Arabia marks its 84th National Day today, a celebrating 84 years as a unified Kingdom and marking the anniversary of the formation of Saudi Arabia by the late King Abdulaziz. Establishments across Saudi Arabia’s cities were turning green in celebration and local municipalities were preparing events for Saudi citizens today, Arab News reports. […]
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NCB’s October 19th IPO May be 2014’s Second Largest Behind Alibaba
- September 22,2014
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- SUSTG Team
Saudi Arabia’s National Commercial Bank is set to issue an IPO in October that might raise as much as 16 billion riyals ($4.3 billion), which would be the second largest of 2014 behind China’s Alibaba Group Holding Ltd., Bloomberg’s Matthew Martin reports. The IPO will list 300 million shares totaling 15% of the lender’s share capital, with an additional 200 million shares, […]
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LG Breaks a Record on way to King Khalid International Airport
- September 19,2014
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- SUSTG Team
It’s about 45 kilometers from Riyadh to King Khalid International Airport. For a couple kilometers during that trip you are now able to see the largest outdoor advertising structure ever. In fact, for about a quarter of a kilometer you will be passing right by it. LG built it to promote its G3 phone and […]
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Long Taboo, Cinema to Return to the Kingdom of Saudi Arabia
- September 19,2014
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- Lucien Zeigler
Saudi Arabia will relax its ban on cinema and film-related activities in the Kingdom, according to reports. The change didn’t come with an announcement, but rather, with an adjustment to a feature on the Ministry of Labor’s web portal for entrepreneurs, according to Arab News. Information on how to register for cinema licenses is now […]
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SAGIA in Transition
- September 18,2014
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- Richard Wilson
The Saudi Arabian General Investment Authority (SAGIA) was established in 2000 to be a major driver in the Kingdom’s efforts to liberalize its economy. It has certainly fulfilled that role and over the last 14 years SAGIA has been a chief strategist, leading promoter and the administrative front office for the Kingdom’s business as Saudi […]
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Saudi Arabia’s Labor Ministry Launches Web Site to Handle Complaints, Educate Workers
- September 18,2014
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- Lucien Zeigler
Saudi Arabia’s Ministry of Labor has launched the online web portal www.laboreducation.gov.sa to educate expatriate workers on their rights and handle complaints systematically, Arab News reports. Launched on Tuesday, the site “aims to boost awareness about workers’ rights and the rules that regulate the relationship between the employee and employer in the Kingdom,” but the […]
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KAFD: Saudi Arabia’s ‘City Within a City’ Slated for Soft Opening as Kingdom Gears Up To Be Financial Hub of the Gulf
- September 17,2014
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- Lucien Zeigler
A date has been set for a “soft opening” of Saudi Arabia’s King Abdullah Financial District, a mega project in Saudi Arabia’s capital city that has been under construction for years. Situated on the outskirts of Riyadh, the new development bears the name of a King who has steered a nation through a period of […]
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SUSRIS: The Emergence of the GCC+4 Against ISIS
- September 16,2014
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- SUSTG Team
SUSRIS.com shares an assessment of the surge in recent diplomatic activity from Gulf expert Theodore Karasik, Director of Research and Development at the Institute for Near East and Gulf Military Analysis (INEGMA) in Dubai. “A day before the meeting in Jeddah, Saudi Arabia agreed to an American request to provide a base to train moderate […]
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MUST-READS
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Iran Nuclear AgreementU.N. nuclear agency says Iran sticking to nuclear deal
Iran has kept to a nuclear deal it agreed with six world powers last year limiting its stockpiles of substances that could be used to make atomic weapons, a report by the U.N. nuclear agency found.
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SyriaObama and Putin tell diplomats to keep working on Syria argument
U.S. President Barack Obama and Russian President Vladimir Putin had a longer-than-expected discussion on Monday about whether, and how, they could agree on a ceasefire deal in war-torn Syria, a senior U.S. administration official said.
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Liquidity CrisisSaudi Arabia’s Attempts to Boost Bank Liquidity Aren’t Working
Easier lending rules and direct cash injections are doing little to alleviate a cash shortage at Saudi Arabian banks, now at its worst since the financial crisis.
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TurkeyKing Salman, Crown Prince and Deputy Crown Prince offer condolences to Erdogan
Custodian of the Two Holy Mosques King Salman has sent a cable of condolence and sympathy to President Recep Tayyip Erdogan of Turkey on the victims of Gaziantep explosion, resulting in death and injury of scores of innocent people.
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Rio OlympicsKingdom’s rout at Rio upsets Saudis
Twitterati are upset over the poor Saudi performance at the Rio Olympics. Saudi Arabia's challenge ended on Wednesday on a low point, not very far from the beginning.
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TurkeyUnpacking Turkey’s Failed Coup: Causes and Consequences
Given their conflicted history, it was a natural reflex for Erdogan to blame the “parallel state,” a term that refers to Gulenists, for Turkey’s most recent coup attempt. But how much are the Gulenists really involved? And who gave the orders to initiate the coup attempt?
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Saudi MilitaryKing Salman orders month’s extra pay for soldiers active in Yemen conflict
Saudi Arabia's King Salman bin Abdulaziz announced bonus payouts for its military and security personnel to acknowledge their contributions in the fight against rebel forces in Yemen. He made the announcement soon after his return to the kingdom on Sunday (14 August) following a month-long holiday in Morocco.
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YemenKingdom intercepts 2 missiles fired from Yemen
Saudi Air Force intercepted two ballistic missiles fired from Yemen into the Kingdom, a Saudi military statement said.
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Iran Nuclear AgreementPerspective: The Iran Nuclear Deal is Working for Both Sides, So Why All the Complaints?
So why is there so much unhappiness with the agreement? Largely because it is burdened by unmet – and undeserved – expectations on both sides.
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GCC BanksIMF warns on impact of lower oil prices on GCC banking
In a paper entitled “The Impact of Oil Prices on the Banking System in the GCC” the International Monetary Fund (IMF) said it ‘finds strong empirical evidence of feedback loops between oil price movements, bank balance sheets, and asset prices’.
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