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Recent stories from sustg

  • Royal Decree Removes Saudi Civil Aviation Authority President
     

    The chairman of Saudi Arabia’s General Authority of Civil Aviation (GACA), Abdul Hakim bin Mohammed Bin Sulaiman Al-Tamimi, has been removed from his post by a royal decree issued on Monday, the Saudi Press Agency and other regional outlets reported. No announcement was made on who would replace him, nor was there a reason given for the […]

     
  • Saudi Arabia Explores Interconnected Gas Grid for Region
     

    Saudi Arabia may pursue an interconnected natural gas grid in the region that would link together the Kingdom with Oman, Kuwait, and the United Arab Emirates, according to reports. “I am talking to my colleagues in Oman, Kuwait, UAE, about extending a gas grid in the region and we hope to exchange gas and we also have […]

     
  • Salaries in Saudi to Increase 5-6% in 2019, Women Participation to Rise 15%, Study Says
     

    Salaries for mid-level to senior professionals in Saudi Arabia will rise between 5-6% on average in 2019 and women will see a 15% rise in workforce participation in 2019, a recent study by GCC-based recruitment consultancy Cooper Fitch said. The study, the Cooper Fitch Salary Guide for the Kingdom of Saudi Arabia in 2019, provides salary expectation […]

     
  • Saudi GDP Grew in 3Q, but Non-Oil Growth Slows
     

    Saudi Arabia’s economy grew in the third quarter of 2018 at its fastest rate since early 2016, according to reports, but non-oil growth slowed to 2.1 percent from 2.4 percent. The economic expansion came on the back of the oil sector, Reuters reports, with gross domestic product growth up 2.5 percent from a year earlier. But the slowing […]

     
  • Saudi Arabia Plans to Increase State Spending by More than 7 Percent in 2019
     

    Saudi Arabia plans to ramp up state spending by more than 7 percent in 2019, according to a budget released by the Finance Ministry on Tuesday. Spending is projected to rise to $295 billion next year, Arab News reports, an increase of $25 billion over 2018’s figure of $270 billion. The move is seen as an effort […]

     
  • Saudi Private Sector Growth hits 11 Month High as Economy Adjusts to Reforms
     

    Saudi Arabia’s non-oil private sector grew at its fastest rate for 11 months in November, Reuters reports, citing a monthly survey of companies. The positive private sector growth figure is “a sign that the economy may finally be recovering from austerity measures” imposed at the start of 2018 as part of the Kingdom’s economic reform plans, which […]

     
  • Senate Set to Vote On Measure to End U.S. Support Saudi Arabia in Yemen as Pompeo Pens Op-Ed Touting ‘Vital Partnership’
     

    The U.S. Senate is expected to vote on legislation as early as Wednesday that would end U.S. involvement in the Saudi Arabia-backed war in Yemen, as the Trump Administration continues to publicly express support for the U.S.-Saudi relationship. Politico reports that the bill introduced by Sens. Mike Lee (R-Utah) and Bernie Sanders (I-Vt.) “has gained support since […]

     
  • Trump Taps Gen. John Abizaid as U.S. Ambassador to Saudi Arabia
     

    President Trump has selected Retired Four-Star General John Abizaid to be the next U.S. Ambassador to Saudi Arabia. An experienced military leader who retired from the U.S. Army in 2007 after 34 years of service, Gen. Abizaid was head of the U.S. Central Command (CENTCOM). At the time of his retirement, Abizaid was the longest serving commander […]

     
  • Top Think Tank in Saudi Arabia Studying ‘Hypothetical World Without OPEC’
     

    Saudi Arabia’s King Abdullah Petroleum Studies and Research Center in Riyadh is studying what happens to oil markets in a hypothetical world without OPEC, according to the Wall Street Journal and other reports. The study does not represent government thinking or any active discussions about OPEC within the Saudi government. “We’re looking at what happens if […]

     
  • Severe Weather, Rains Across Saudi Arabia Kill 14
     

    Damaging rains and floods have killed 14 people in Saudi Arabia in recent days as officials say the weather across the Kingdom this year has been among the most severe in decades. The heavy rain has affected 13 areas of the Kingdom, the Saudi Press Agency reported. Since Oct. 19, the Command and Guidance Center in […]

     

MUST-READS

  • Executive Pay
    Senior executives of GCC construction industry raking in basic pay up to US$ 1.2 mn a year

    “Top-level executives within these sectors are now in a position to reap the benefits of this momentum. Companies too stand to benefit as these talented executives are capable of adding value in terms of leading organisational development and augmenting income and profits,” he said in a statement.

  • Mecca
    Mecca development ‘top priority’ as King Salman arrives

    Custodian of the Two Holy Mosques King Salman arrived in Jeddah on Thursday for his first visit since ascending the throne on Jan. 23, where he would outline efforts to further develop the region and improve services for pilgrims.

  • U.S. - Saudi: Tight Oil
    Perspective: The fracking of US-Saudi relations

    The kingdom’s state-run oil company Saudi Aramco recently announced plans to invest $7bn on top of $3bn earmarked last year to start its own fracking revolution. Speaking at a conference in Riyadh in January, Aramco chief executive Khalid Al Falih declared Saudi Arabia was the “next frontier” in shale gas exploration — the kingdom is estimated to have the fifth largest shale gas reserves in the world, and shale production is considered crucial in helping the country maintain its powerful position within the global oil market.

  • Discrimination
    Saudi King: No discrimination between citizens and expats

    Saudi King Salman received senior Saudi human rights officials at Al-Yamamah Palace here on Wednesday. They included President of the Human Rights Commission Bandar Al-Aiban, President of the National Society for Human Rights (NSHR) Mufleh Al-Qahtani, and a number of senior officials.

  • Tobacco Use
    Tackling tobacco smoking in Saudi Arabia

    On the other hand, Saudi Arabia’s refusal in recent times to increase taxes on the import of cigarettes is due to the Finance Ministry’s apprehension that increased tobacco taxation would encourage smuggling of cigarettes.

  • Nuclear Weapons
    Is Saudi Arabia seeking nuclear weapons from Pakistan?

    A Saudi defense official on Tuesday dismissed as "speculation" a media report that Saudi Arabia is seeking to acquire nuclear weapons from Pakistan amid growing fears of a nuclear-armed Iran.

  • SABIC
    Saudi Basic Industries Making More Steel as Low Oil Helps Growth

    Saudi Basic Industries Corp., the world’s second-biggest petrochemicals manufacturer by market capitalization, expects to boost steel production with lower oil prices stimulating demand.

  • Taxis in Saudi Arabia
    A History of taxicabs in the Kingdom

    In bygone times, people in the Arabian Peninsula used to travel on foot or by other modes of primitive transport such as camels, horses and even donkeys. This was the case until the arrival of motor vehicles in the last century which revolutionized transport.

  • War in Yemen: Humanitarian Aid
    Saudi king doubles Yemen aid pledge to $540 mn

    King Salman doubled Saudi Arabia's Yemen aid commitment to $540 million on Wednesday, the first day of a humanitarian pause in a bombing campaign it has led against neighbouring rebels.

  • Syria
    Syria army pushes towards Jisr al-Shughur seeking morale boost

    Stung by recent losses, Syria's regime is making a concerted push to reach besieged forces trapped in the rebel-held town of Jisr al-Shughur, hoping to give supporters a much-needed morale boost.