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Recent stories from sustg
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A Plea to the Saudi Ministry of Transportation: Save the Lives of Thousands of Saudis
- March 11,2014
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- John Sfakianakis
Recently, I received an invitation from Saudi Aramco to deliver a speech in the Eastern Province peninsula town of Ras Tanura, Saudi Arabia. I was welcomed as a member of the Saudi Aramco family, and not just a visitor. This was not my first time delivering a speech for this great company. I decided to […]
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High Performance Government and MILE: Delivering on the Promise of eGovernment
- March 3,2014
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- Bill Connor
In a country with 185% mobile device penetration and some of the highest levels of Web usage in the world, how do Saudi officials deliver on the promise of eGovernment? Dr. Mohammed Mustafa Mahmoud, CEO of the Madinah Institute for Leadership and Entrepreneurship (MILE), says it’s not an easy task, given the high expectations of […]
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Is the Saudi Arabian Economy Productive?
- February 21,2014
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- John Sfakianakis
Over the past few years, key macroeconomic indicators point to remarkable breakthroughs by the Saudi Arabian economy. The Kingdom’s economy maintained high GDP growth rates, a budget surplus, growth in the Kingdom’s current account, all while the ratio of public debt to GDP remained minimal. Saudi Arabia’s inflation rate remained low amidst a large influx […]
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Is Saudi Arabia Too Dependent on Management Consultants and Think Tanks?
- February 11,2014
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- John Sfakianakis
During the past ten years, major think tanks and global management consulting firms came to different government agencies and ministries in Saudi Arabia to provide them with recommendations and plans in return for huge wages – in the millions of Riyals. This makes me wonder whether these governmental bodies and ministries are managed by those […]
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The 10 Best SPA Photos This Month – January 2014 Edition
- February 3,2014
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- Lucien Zeigler
For those that follow Saudi news closely, the state-run Saudi Press Agency is a valuable resource. Similar to the press offices of U.S. and other government offices and ministries around the world, the SPA is updated daily, and features local, national and international news from the official feed on its website in Arabic and English. […]
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Saudi Arabia’s Non-Oil Export Figures are Just Numbers on Paper
- February 3,2014
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- John Sfakianakis
During the past few weeks, we have heard in statements from Saudi officials that Saudi Arabia’s non-oil exports are increasing. In 2013 alone, the value of Saudi oil exports increased by 6.7%, while non-oil exports increased by 2.4%. From 2003 to 2012, total non-oil exports increased from SAR 350 billion to 1.4 trillion.
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Opinion: Comprehensive Reform of the Labor Market in Saudi Arabia
- January 26,2014
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- John Sfakianakis
Besides energy subsidies and the future of energy consumption at the local level, the labor market is considered one of the key variables with respect to the economic future of the kingdom. The labor market should be an integral part of the thinking of government officials when planning at all levels, without exception. The Ministry of […]
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The Reliable Supplier: Saudi Economy Expert Explains Why the Shale Boom in the United States is Actually a Good Thing for Riyadh
- January 24,2014
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- Lucien Zeigler
In a recent article for Foreign Affairs magazine, Saudi economy expert and investment banker Dr. John Sfakianakis writes that while it may be easy to think that the shale boom in the United States is threatening to the world’s largest oil producer in Saudi Arabia, there are several reasons that more production from the United […]
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This Cool Timelapse Video of Saudi Arabia’s Capital, Riyadh Shows an Amazing Sunset (and Terrible Traffic) [VIDEO]
- January 23,2014
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- Lucien Zeigler
Riyadh, Saudi Arabia’s capital city, is a rapidly growing metropolis – one that has benefitted greatly from soaring governmental spending on infrastructure and development. While in Riyadh last month, SUSTG created an HD time lapse video from the roof of the Council of Saudi Chambers building, looking down King Fahd road toward Riyadh’s iconic Kingdom […]
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On Saudi Employment, The Numbers Do Not Lie
- January 5,2014
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- John Sfakianakis
During the past few weeks the public’s attention has been focused on the labor market, and much has been said about providing jobs for Saudis. There is no doubt that jobs have been created in the past few years, but some figures announced in the media are exaggerated.
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MUST-READS
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Hajj 2016Iran Pilgrims Won’t Be Making Hajj in Saudi Arabia This Year
An Iranian government minister says Iranian pilgrims will not be traveling to Saudi Arabia this year for the annual hajj pilgrimage because security conditions in the Sunni kingdom are inadequate.
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King SalmanSaudi Arabia’s Surprisingly Assertive 80-Year-Old King
Yet Salman has unleashed major initiatives and shaken up the kingdom, setting a course for change in a land where the watchwords have long been tradition, stability and continuity.
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Saudi Oil PolicyShift in Saudi oil thinking deepens OPEC split
As OPEC officials gathered this week to formulate a long-term strategy, few in the room expected the discussions would end without a clash. But even the most jaded delegates got more than they had bargained with.
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King SalmanKing becomes emotional at son’s graduation
Custodian of the Two Holy Mosques King Salman could not hold back his emotions as he attended the graduation of one of his sons, Prince Rakan, who finished high school studies here.
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Anti-ISIS CampaignUN diplomat says Islamic State seeking new revenue streams
The Islamic State extremist group is looking to increase revenue from taxation, smuggling antiquities "and potentially kidnap for ransom" after losing some territory and oil revenue following the destruction of significant oil facilities, the chair of the U.N. committee monitoring sanctions against the militant group and al-Qaida said Wednesday.
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Mohammed Bin SalmanSaudi prince makes bold challenges to kingdom’s old ways
The plans, aimed at ending dependence on oil by 2030, require shaking up a bureaucracy that has stymied changes in the past, challenging powerful religious conservatives and building up a private sector currently reliant on state spending.
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IraqProtesters leave Baghdad’s Green Zone a day after ransacking parliament
Carrying the tents, pillows and blankets they had brought for what many expected to be a longer sit-in, supporters of Shiite cleric Moqtada al-Sadr streamed out of Baghdad’s fortified Green Zone on Sunday, a day after they had broken in, ransacking parliament and demanding reform.
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Anti-ISIS CampaignFacing skepticism, military leaders say Islamic State strategy is making headway
Top U.S. military leaders faced skepticism Thursday on Capitol Hill as they made the case that President Obama’s strategy in Iraq and Syria is beginning to show results against the Islamic State.
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VisionsSaudi Arabia isn’t the only country looking to kick its crude addiction
Oman hatched its "Vision 2020" in 1996, while the United Arab Emirates (UAE) has "Vision 2021" and there is "Vision 2030" in Bahrain and the "Qatar National Vision 2030" — all aimed at diversifying economies away from oil.
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Saudi ChangeSaudi ambassdor: Kingdom in transformation
So when people judge Saudi Arabia, sometimes quite harshly, they seem not to notice that the modern Saudi state is barely 84 years old.
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