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As Fasting Ends, the Lessons of Ramadan Linger
- August 19,2012
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- SUSTG Team
Before we began our three-day Eid al-Fitr holiday, marking the end of Ramadan, I came across an article in a Saudi newspaper with a checklist of what makes a successful Ramadan. First on the list: Recognizing that one can change for the better and acquiring patience and strong will. This month my deficiencies have shone […]
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What Islamic Advertising in Saudi Arabia Looks Like
- August 17,2012
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- Lucien Zeigler
This image of McDonald’s famous Golden Arches — the ne plus ultra of a Western brand — looks jarring in Arabic script. But in the Middle East and parts of Asia, that’s McDonald’s all-American brand.
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Saudis Back Syria Rebels, Mindful of Past
- August 16,2012
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- Lucien Zeigler
Overcome by the suffering of civilians in warring Syria, a professor in Saudi Arabia’s capital strips off his watch on live television to give as aid. A Saudi bride on her wedding night offers up her entire dowry of $13,000. Parents bring their children to donation centers set up around the Saudi kingdom, watching proudly […]
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Seasonality and the Saudi Stock Market
- August 13,2012
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- Lucien Zeigler
A recently released note by Jadwa Investment discusses the effect that seasonal trends have on the Saudi economy, noting that while all economies have seasonal trends, “for Saudi Arabia these trends are more pronounced than for most other global economies…The slowdown in activity in the third quarter due to the long hot summer is a key driver […]
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Saudi construction sector to gather steam in H2 2012
- August 13,2012
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- SUSTG Team
The Saudi construction sector will further gather steam in the second half of 2012, the National Commercial Bank “Construction Contracts Index” for the second quarter of this year released Saturday indicated. NCB Construction Contracts Index reached 309.12 points by the end of the second quarter of 2012, with the total value of awarded contracts reaching […]
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Saudi Athletes in London
- August 10,2012
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- Lucien Zeigler
London 2012 was historic for both Saudi Arabia and the Olympic games. Saudi Arabia sent its first female athletes ever to the Olympics, completing a strong talking point for the games’ organizers: London 2012 was the first time every country competing in the Olympics sent at least one woman. Sarah Attar (800m) and Wojdan Shahrkhani (Judo) […]
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Saudi success in show jumping underscores shift in equestrian order, helps its Olympic future
- August 9,2012
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- SUSTG Team
Saudi Arabia appeared on the equestrian show jumping map in at the Sydney Games in 2000 when Khaled Al Eid won an individual bronze. He qualified for London but had to withdraw in July after his horse, Presley Boy, developed laminitis, a painful inflammation of the hoof. Some had considered the Sydney medal a blip, […]
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The Secret History of America’s Thirty-Year Conflict with Iran
- August 8,2012
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- SUSTG Team
A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms are remarkable given their source: David Crist, author […]
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Graph of the Day – Saudi Oil Production Since 2008
- August 6,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Chartbook for the month of August 2012 found that the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.
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Saudi students to establish Islamic center at Murray State University
- August 4,2012
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- Lucien Zeigler
Saudi students at Murray State University in Kentucky have received a license to establish an Islamic center where they can organize cultural and social programs along with observing religious rites. Saudi students had been performing their prayers and Iftar in a rented building in which other Arab and Muslim students participated. The city’s mayor and […]
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MUST-READS
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SyriaTurkey-U.S. joint patrols in Syria’s Manbij to start soon: minister
Turkey and the United States will begin joint patrols in the northern Syrian Manbij area soon after training is completed within the next couple of days, Defence Minister Hulusi Akar told state-owned Anadolu news agency on Wednesday.
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Arab EntrepreneursTop 100 Startups In The Arab World 2018
For the second consecutive year, Forbes Middle East reveals its annual list of Top 100 Startups In The Middle East that rounds up companies offering innovative solutions to some of the challenges that the region’s businesses and consumers face.
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IndiaIndia’s top court partially bans firecrackers as smog season begins
The Indian Supreme Court banned the sale of most firecrackers Tuesday, amid concerns their use during annual Diwali celebrations next month will again send pollution levels spiking across the country.
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JordanJordan′s king to scrap part of Israel peace treaty
King Abdullah said Jordan intends to reclaim territory leased to Israel under a 1994 peace deal. The 25-year lease on two pieces of agricultural land expires next year.
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Art and CultureNew York museums to refuse Saudi funds for Middle East art programs
Two museums in New York that were set to use Saudi money for upcoming programs and seminars on Middle Eastern art now say that they will seek alternative funding in the wake of Washington Post columnist Jamal Khashoggi's disappearance and alleged killing.
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Saudi-KuwaitSaudis, Kuwait Fail To Agree On 500,000-Bpd Joint Oil Fields Restart
Due to operational divergences and geopolitical divisions, Saudi Arabia and Kuwait haven’t made any progress in talks about the potential restart of jointly operated oil fields that analysts were hoping could soon add 500,000 bpd of oil production in the Middle East, Reuters reported on Wednesday, quoting sources familiar with the talks.
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Russia in the RegionRussia signs ‘comprehensive partnership’ deal with Egypt
Putin’s announcement coincided with the beginning of Egyptian President Abdel Fattah Al-Sisi’s three-day visit to Russia earlier today.
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ME BusinessEight in 10 Middle East business execs say tech is part of daily life in the region
Tech adoption is poised for growth as executives said they are prioritising investments in artificial intelligence (64 per cent) and the internet of things (68 per cent) in the coming months.
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Saudi WorkforceAuto spare parts shops absorb young Saudis
Like in other sectors, in the automobile field big players successfully implement the mandatory 70 percent Saudization while small-scale shops largely managed by expatriates have left the scene for failing to comply with the new rule.
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Emerging MarketsEmerging-Market Bulls Start to Overtake the Bears, Survey Shows
After two quarters of declines, developing-nation assets will find a floor and remain stable in the final three months of the year as central banks from Argentina to Turkey move to defend their currencies, a Bloomberg survey shows.
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