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Saudi Arabia’s Power List – 2012
- November 19,2012
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- SUSTG Team
Welcome to the first Arabian Business Saudi Power List – our guide to the kingdom’s most influential movers and shakers. As the rest of the planet, from emerging to traditional markets, teeters on the brink of recession, the mood has never been more positive in Saudi Arabia. A high oil price has swelled the kingdom’s […]
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Regional e-commerce firms set sights on Saudi Arabia
- November 19,2012
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- SUSTG Team
Digital expert Omar Christidis, founder of ArabNet, the hub for Arab digital professionals and entrepreneurs, said that Saudi Arabia is currently the largest digital market in the MENA region – with almost 40 percent of all Arabic tweets, half of Wikipedia’s Arabic content and 35 percent of all Arabic content on the web coming from […]
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For Saudi Football, a Moment in the International Spotlight
- November 15,2012
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- Lucien Zeigler
Saudi Arabia’s national football team has had its ups and downs in the last decade, thus far struggling to make a name for itself as a contender in a world full of elite national teams. Nevertheless, the ups and downs of the Saudi program are closely followed by Saudis all over the world and has, […]
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Jadwa Investment – November 2012 Saudi Chartbook
- November 13,2012
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- SUSTG Team
Jadwa Investment’s Saudi Chartbook for the month of November 2012 assesses a number of key aspects of the Saudi economy including the real economy, bank lending, banking indicators, inflation, trade, oil, exchange rates, the TASI (Saudi Stock Market), sectoral performance, and third quarter earnings. To read the entire report in full as a PDF, click […]
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Saudi Arabia’s SABIC sets sights on U.S. shale gas boom
- November 13,2012
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- SUSTG Team
Saudi Basic Industries Corp (SABIC) is considering investing in the United States to capitalise on the shale gas boom there, its chief executive told Reuters on Monday. SABIC and other petrochemical producers in Saudi Arabia have been looking for additional gas supplies to fuel their expansion plans, with SABIC now casting its gaze overseas. “We […]
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Saudi Arabia Seeks $6.7 Billion of U.S. Transport Planes
- November 9,2012
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- SUSTG Team
Saudi Arabia plans to buy 20 C-130J military transport planes, five KC-130J refueling aircraft and related equipment from Lockheed Martin Corp. (LMT) valued at about $6.7 billion, the Pentagon said today in a statement.The Pentagon’s Defense Security Cooperation Agency notified Congress of the potential sale to Saudi Arabia, the agency said in a statement posted […]
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Vela-Bahri merger creates one of the world’s largest shipping firms
- November 6,2012
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- SUSTG Team
Vela International Marine Limited, a subsidiary of Saudi Arabian Oil Company, signed a landmark merger agreement with the National Shipping Company of Saudi (Bahri), resulting in the creation of one of the world’s largest shipping companies.The signing of the agreement was held Sunday and attended by executive officials of both parties including Khalid A. Al-Falih, […]
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Commentary: Saudi Arbitration Court in the UK?
- November 5,2012
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- SUSTG Team
In a recent Financial Times article Caroline Binham and Helen Warrell reported that, “Saudi Arabia will lobby the UK government as early as November to set up a confidential court in London that would settle multimillion pound commercial disputes arising from the Middle Eastern kingdom. The Saudis hope that a London-based arbitration centre would help counter investor […]
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A Conversation with Prince Turki Al-Faisal
- November 1,2012
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- SUSTG Team
Few can be said to have been more influential in forging cooperation and building bridges in the relationship than Prince Turki Al-Faisal. He is currently Chairman of the King Faisal Center for Research and Islamic Studies and is one of the founders of the King Faisal Foundation, the namesake of which was his father. His […]
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Saudi Arabia: Rising steel demand
- October 30,2012
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- SUSTG Team
Steel producers in Saudi Arabia are set for a busy few years, with growth in the industry driven by rising demand due to state-backed investments and increasing activity in the private sector. However, even with additional capacity, the sector is working to bridge the supply gap. The Kingdom is already the largest steel producer in […]
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MUST-READS
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ExtremismKSA, US looking for Saudi Daesh member
The United States has announced a reward of $5 million to those who provide information which would lead to the arrest of naturalized Saudi Tarrad Mohammad Al-Garba.
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Ma'adenSaudi’s Ma’aden wins backing from banks for $3bn loan
Saudi Arabian Mining Co (Ma'aden) said its phosphate business has received commitments from local, regional and international banks for a 11.5 billion riyal ($3.07 billion) loan, according to a bourse filing on Wednesday.
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G20Saudi king, President Obama discuss global issues
The meeting was attended by Deputy Crown Prince Mohammed bin Salman, second deputy premier and defense minister; Minister of State and Cabinet member Dr. Musaed bin Mohammed Al-Aiban, Foreign Affairs Minister Adel Al-Jubeir and Minister of State and Cabinet's member and Royal Court Chief-designate Khalid bin Abdulrahman Al-Essa.
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Anti-ISIS Campaign: SyriaU.S. bombs ISIS oil trucks, looking to strangle revenue
On Monday, U.S. A-10 attack planes and AC-130 gunships attacked a fleet of trucks Islamic State has been using to smuggle oil out of Syria, a major source of income for the militant group.
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G20 2016Why the G-20 is a ‘Robust platform to highlight Kingdom’s investment potential’
“The Saudi economy is on par with many other G-20 nations, such as the host country Turkey in terms of size. Regionally, Saudi Arabia is a positive contributor to growth for many decades and plays an important balancing act.”
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Saudi-EgyptSaudi King orders national airline to continue Sharm flights
Saudi King Salman has expressed "full confidence" in Egyptian security measures, ordering Riyadh's national airline to continue flights to Sharm el-Sheikh despite suspicions a bomb downed a Russian jet flying from the resort.
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U.S. - IsraelObama and Netanyahu to meet in D.C., looking for a way past the ugliness of the Iran deal
President Obama and Israeli Prime Minister Benjamin Netanyahu will seek to move beyond the nasty public clash over the Iran nuclear deal and restore a more transactional approach to the U.S.-Israeli relationship — including delicate conversations about possible expansion of military aid — when they meet in Washington on Monday.
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UnemploymentThe ticking threat of high joblessness
Of the 345 million Arabs some 65 million live in poverty, representing around 19 per cent. But the actual stats are likely to be higher. Sons and daughters are not required to leave parental houses at a certain age, and hence do not have sustain themselves.
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Michelle ObamaWhat is Michelle Obama asking Arab men to do?
Michelle Obama is turning to a new ally in her campaign to improve girls' education and career opportunities around the world: Arab men.
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English ProficiencyShu? Inglizi? Middle East countries at the bottom in global ranking of English skills
In terms of English proficiency, both women and men are markedly behind global averages, and the gender gap in MENA is significantly wider than in any other region in the world."
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