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Recent stories from sustg
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Are U.S. Companies Missing Out on a Saudi Nuclear Bonanza?
- April 25,2013
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- Lucien Zeigler
The recently-completed Saudi Sustainable Energy Symposium at the Ritz Carlton Riyadh brought high-level officials and companies together to discuss “a common understanding between all stakeholders” concerning the development of the Kingdom of Saudi Arabia’s sustainable energy program, of which nuclear energy is a big part. The event was hosted by the King Abdullah Center for […]
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Saudi Arabia Sees Limited Impact from US Shale Oil While SABIC Eyes Gas
- April 14,2013
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- Lucien Zeigler
According to this report by Summer Said in the Wall Street Journal, a close advisor of Saudi Arabia’s Minster of Petroleum and Natural Resources Ali Al Naimi said that the production of oil from shale will be “too limited and costly” to make a significant impact on the interests of exporters, but that the so-called […]
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Hard Choices Ahead for MENA Energy Pricing
- April 5,2013
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- SUSTG Team
In order for Saudi Arabia to effectively address some of its most pressing challenges it will need to make some hard, unpopular and, quite likely, disruptive choices. The current uproar over the expulsion of illegal foreign workers, for example, doesn’t change the fact that it is a necessary step in re-ordering the incentives of private-sector […]
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A Kingdom’s Thirst: The Saudi Water Challenge
- March 29,2013
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- Lucien Zeigler
It’s no secret that Saudi Arabia is a dry place in a particularly arid region of the world. The dearth of water resources in the Kingdom is among its foremost challenges, with some estimates predicting full depletion by 2050 if nothing is done.
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Al-Rabiah to Promote Saudi Auto Industry in U.S.
- March 13,2013
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- Lucien Zeigler
The U.S.-Saudi Arabian Business Council (USSABC) issued a press release today to announce a new conference in Michigan to promote the Saudi auto industry. H.E. Tawfiq al Rabiah, the Saudi Minister of Commerce and Industry, is listed as a confirmed speaker of the event, which will “bring together senior Saudi Government officials, major Saudi industrialists, […]
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Keystone: Saudi Arabia’s First Idea Translation Lab
- March 11,2013
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- SUSTG Team
Many people are familiar with the King Abdullah University for Science and Technology (KAUST) and it’s glittering $20 billion endowment. Founded in 2009 and sited north of Jeddah on the Red Sea, KAUST intends to be a global caliber research university as well as an educational and social bellwether that allows co-ed education. The KAUST […]
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New President for KAUST in Saudi Arabia
- February 19,2013
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- Lucien Zeigler
In a press release today, the King Abdullah University of Science and Technology (KAUST) in Thuwal, Saudi Arabia, announced a new president in Dr. Jean-Lou Chameau, who will be the second to serve in that post since the university’s inception. Dr. Chameau previously served as President of the California Institute of Technology in Pasadena.
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Abu Dhabi Buzzes On Eve of World Future Energy Summit ‘13
- January 14,2013
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- Lucien Zeigler
World Leaders, Luminaries, Companies and Businessmen Descend on Abu Dhabi For the 6th edition of the World’s Largest Renewable Energy Conference and Exhibition [Abu Dhabi] – This week, world leaders, government officials and delegations, business executives, academics, engineers, scientists and many more will converge for the World Future Energy Summit 2013, part of Abu Dhabi’s […]
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Al-Assaf, Al-Rabiah Headline Important Private Sector Initiative in Riyadh
- January 14,2013
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- Lucien Zeigler
The high-level meeting, an ambitious private sector initiative, addressed joint Arab action agendas, with 21 proposals of developmental projects discussed. Saudi Finance Minister Ibrahim Al-Assaf and Commerce Minister Tawfig Al Rabiah headlined this important event in Riyadh, which was widely discussed on Social Media sites and in the general media.
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GE Sees Gas Turbine Sales Gain Amid Saudis’ Solar Shift
- October 4,2012
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- SUSTG Team
General Electric Co. GE predicts demand for its gas turbines will increase in Saudi Arabia, even with the kingdom working to supply a third of power needs from solar energy within the next two decades. Saudi Arabia already has 500 installed gas turbines from GE that generate about half its electricity, and the Middle Eastern […]
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MUST-READS
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Fresh chaos, arrests on US college campuses as police flatten camp at UCLA
Police forcibly removed scores of defiant pro-Palestinian protesters at several colleges on Thursday, including taking down an encampment at UCLA in a jarring scene that underscored the heightened chaos that has erupted at universities this week.In the pre-dawn hours, helmeted police swarmed a tent city set up at the University of California in Los Angeles, using flash bangs and riot gear to push through lines of protesters who linked arms in a futile attempt to halt their advance.
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Missile defence successes in Gulf, Ukraine fuel global urgency to acquire systems
The success of ballistic missile defences facing their first complex, high-stakes combat scenarios in Israel, the Red Sea and Ukraine will encourage militaries globally to invest in the pricey systems, experts say - and intensify missile arms races.Iran launched as many as 120 intermediate-range ballistic missiles at Israel on April 13, U.S. and Israeli officials say. U.S. SM-3 and Israeli Arrow interceptors destroyed nearly all of them, leaving drones and smaller threats to the Iron Dome system.
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Nearly 2,200 people have been arrested during pro-Palestinian protests on US college campuses
Police have arrested nearly 2,200 people during pro-Palestinian protests at college campuses across the United States in recent weeks, sometimes using riot gear, tactical vehicles and flash-bang devices to clear tent encampments and occupied buildings. One officer accidentally discharged his gun inside a Columbia University administration building while clearing out protesters camped inside, authorities said.
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‘None go forward without the others.’ US mega-deal would tie together the futures of Saudi Arabia, Israel and Gaza
Saudi Arabia and the United States are finalizing the details of a landmark deal to strengthen bilateral trade and defense – but an agreement will not be reached if the kingdom and Israel do not establish diplomatic relations, US officials said.
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US ‘very close’ to bilateral deal with Saudi Arabia as part of Israel normalization
The US said on Thursday that it was “very close” to reaching an agreement on the bilateral piece of a potential package deal with Saudi Arabia, which would need to include normalization with Israel.
“The Secretary did meet with the Crown Prince of Saudi Arabia this week when he was in Riyadh… and we are very close to reaching an agreement on the bilateral pieces of a normalization agreement,” State Department Spokesman Matt Miller said after the top US diplomat’s weekend trip to Saudi Arabia.
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Cercamon has acquired international sales rights for Saudi director Tawfik Alzaidi’s first feature Norah
Cercamon has acquired international sales rights for Saudi director Tawfik Alzaidi’s first feature Norah ahead of its world premiere in the Cannes Film Festival’s Un Certain Regard.
Norah will make history in May as the first ever Saudi feature to play in Cannes’ Official Selection. The achievement comes six years after Saudi Arabia announced the end of its 35-year cinema ban and is a sign of the bubbling cinema scene that has sprung up since.
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Secret Cliff Diving spots in Saudi Arabia
Catalin Preda from Romania and America’s David Colturi have become the first people to dive into the wadis of Saudi Arabia in a hike and dive experience through the rough and rugged natural landscape of Jazan province. Set against the unique backdrop of the Wadis Lajab and Al-Rough in the kingdom’s Jazan province, the Romanian American duo explored the canyons, deep valleys, waterfalls and freshwater ponds deep enough to host fish and some incredible cliff dives.
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Saudi-Uzbek energy investments reach $14B: Minister
Prince Abdulaziz bin Salman, Minister of Energy, stated that the energy sector represents an important aspect of the growing relationship between Saudi Arabia and Uzbekistan, especially in the field of renewable energy. The size of investments between the two countries in this sector exceeded $14 billion, aimed at producing more than 11 gigawatts of electricity from renewable energy.
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Biggest Saudi IPO of the Year Sells Out in Under an Hour
Dr. Soliman Abdul Kader Fakeeh Hospital and its shareholders are seeking to raise as much as 2.86 billion riyals ($763.4 million) in the Riyadh initial public offering. Books were covered throughout the price range of 53 riyals to 57.5 riyals per share, according to terms of the deal seen by Bloomberg News.
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How Microsoft’s billion-dollar bet on G42 spotlights the UAE’s AI ascension
In the aftermath of Microsoft's $1.5 billion investment in Abu Dhabi artificial intelligence and cloud company G42, the spotlight is now on the Middle East's growing stature as a regional leader for global technology.
The charge, led by the UAE and Saudi Arabia, has attracted attention from the likes of Oracle, Google and Amazon and highlights increasing investor confidence in the region, with growing financial backing from, and relations with, the West, considered the home of the world's technology industry leaders.
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