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Taxi Apps Prosper As Women Seek to Cope with Ban Driving – Report
- October 16,2014
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- SUSTG Team
Taxi apps in Saudi Arabia are flourishing in large part due to demand from women unable to drive themselves, according to a Wall Street Journal report. Rory Jones and Ahmed al-Omran note that taxi and ride-sharing businesses are rushing to meet demand in Saudi Arabia, and the services are well-liked by many women who are finding […]
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After Sfakianakis Hire, Ashmore to Open an Office in Saudi Arabia Ahead of Market Opening
- October 15,2014
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- Lucien Zeigler
London-based Ashmore Investments is set to open an office in Saudi Arabia before the opening of the Saudi Stock Exchange to foreign investors, the Wall Street Journal‘s Nicholas Parasie reports. Ashmore, which is registered with the Saudi market regulator the Capital Markets Authority and based in Riyadh on Olaya Main Street, recently hired John Sfakianakis to join the […]
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Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
- October 14,2014
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- SUSTG Team
An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]
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Saudi FM Says Iran is ‘Part of the Problem and Not Part of the Solution’ in Regional Conflicts as KSA Diplomatic Activity Increases
- October 13,2014
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- Lucien Zeigler
The Kingdom of Saudi Arabia had an active start to the week for its regional policy as the Emir of Qatar and Germany’s Foreign Minister were in Jeddah to meet with Saudi officials. Qatar’s Emir Sheikh Tamim bin Hamad al-Thani met with King Abdullah at his palace on the Red Sea, while Prince Saud al-Faisal met […]
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Complex Security ‘Fence’ System on Saudi Arabia’s Northern Border with Iraq to Deter Encroachers
- October 12,2014
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- Lucien Zeigler
With an eye on the threat posed by the extremist group IS in Iraq and Syria and a deteriorating security situation in Yemen, Saudi Arabia has prioritized border security to safeguard the Kingdom from outside threats. A promotional video in Arabic shows how Saudi security forces monitor and deploy to deter encroachers onto Saudi soil. […]
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Saudi Arabia in the Air
- October 10,2014
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- SUSTG Team
A stunning collection of photos from Saudi Arabia’s Press Agency, the SPA, showed Saudi Arabia’s helicopters and some shots of the Kingdom from above. [Click here to view a slideshow of Saudi helicopters and aerial shots of the Kingdom from above]
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Red Sea Coastal Cities May Soon be Connected by Rail as SRO Chief Criticized for ‘Endless Promises’
- October 9,2014
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- SUSTG Team
Saudi Arabia’s coastal cities Jeddah and Jazan may soon be connected by rail as the Saudi Railways Organization completed the first phase of a feasibility study, according to a report in Arab News. P.K. Abdul Ghafour reports that businessmen and officials are welcoming the plan for a railway that would run alongside roads connecting the two coastal cities […]
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Google on a Camel
- October 9,2014
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- SUSTG Team
Google’s Street View has provided 360-degree views of locations around the globe since 2007. Street View cameras have been deployed on boats, underwater and now, Raffia, a 10-year old camel. Writing for The National, Lindsay Carroll reports on Raffia’s walk in the desert around the Liwa Oasis carrying a specialized camera. The Liwa Desert […]
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Saudi Aramco: Not Your Ordinary NOC
- October 8,2014
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- Richard Wilson
Last month Saudi Aramco opened a 50,000 square foot, state-of-the-art research center in Houston that Saudi Aramco President and CEO, Khalid Al-Falih called, “an upstream research center like no other.” It will be an extension of Saudi Aramco’s Exploration and Petroleum Engineering Center’s Advanced Research Center (EXPEC ARC) and it’s Research and Development Center both […]
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Central bank’s record reserves ‘show strength of Saudi economy’
- October 8,2014
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- SUSTG Team
The Saudi Arabian Monetary Agency (SAMA)’s reserve assets soared to another historic level in August, official data show, to over $757.3 billion. The jump in August, an increase of $10.4 billion, shows the strength of the Saudi economy, Asharq Alawsat reports, citing economist Abdulaziz Al-Fahad. Asharq Alawsat: “SAMA itself attributed the rise in reserves to […]
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MUST-READS
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Europe’s pro-nuclear leaders seek atomic energy revival
Leaders from pro-nuclear European countries and energy experts called for a nuclear energy revival on Thursday at a summit in Brussels, seeking to rebuild the European industry after years of gradual decline. The political push to expand nuclear - a low-carbon energy source - is part of the drive to meet Europe's ambitious climate targets. But it faces headwinds including a lack of investment and cost overruns and delays that have plagued recent projects.
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UAE seeks bilateral EU trade talks with GCC negotiations at impasse, sources say
The United Arab Emirates is quietly urging the European Union to start talks on a trade pact separate from an Arab bloc, five people familiar with the matter said, as the Gulf state seeks closer political and economic ties with Europe. They told Reuters that Abu Dhabi is frustrated at long-stalled trade negotiations between the EU and the Gulf Cooperation Council (GCC), an Arab bloc that includes the UAE and Saudi Arabia. The UAE, an influential, oil-rich Middle East state, has long advocated deeper EU involvement in the Gulf region. It is the Arab world's second-largest economy after Saudi Arabia, a major Middle East trade partner for many other nations, and its sovereign wealth funds rank among the world's most active.
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Blinken cites progress with Saudis on normalising ties with Israel
The United States and Saudi Arabia have made "good progress" in talks on normalising ties between the kingdom and Israel, U.S. Secretary of State Antony Blinken said on Thursday without providing a timeline for concluding a deal. "I believe we can reach an agreement, which would present a historic opportunity for two nations, but also for the region as a whole," Blinken said at a joint press conference with Egyptian Foreign Minister Sameh Shoukry in Cairo. Talks on normalisation had been put on ice in the immediate aftermath of the Oct. 7 attack by Palestinian Hamas fighters and Israel's subsequent assault on Hamas-ruled Gaza, but conversations have resumed in recent months.
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World’s first ‘Dragon Ball’ theme park to be built in Saudi Arabia
The world's first theme park devoted to the "Dragon Ball" universe of comics, movies, and games will be built in Saudi Arabia, the franchise owner said on Friday. The park, centred around the world of magical martial artist Goku and friends, will be part of the Qiddiya Investment Company's project near Riyadh, according to a release. The 500,000 metre project will feature rides and attractions in seven areas inspired by the series along with hotels and restaurants.
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Spain-Saudi soccer deal in spotlight as Spanish federation and ex-boss raided
Police searched the Spanish Soccer Federation's (RFEF) headquarters and an apartment belonging to its former President Luis Rubiales on Wednesday and arrested seven people in a corruption probe over a multimillion-euro deal to relocate the Spanish Super Cup to Saudi Arabia. A Spanish court has been investigating since June 2022 whether Rubiales committed a crime of improper management when the RFEF agreed with former Barcelona player Gerard Pique's Kosmos firm to move the tournament, a judicial source said.
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Top EM Manager: ‘Sportswashing’ Claims Show Saudi’s Fight For Survival
There's absolutely no question that sport is great business. They're coming from a long way back and therefore they need heavy investment in business in order to get control. And in the short term, the beneficiaries are sports people. I don't know why there is a concern about sports people who have worked all their lives for a particular goal, being well rewarded for what they're doing, being described as sportswashing.
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Saudi Arabia pledges $40M to support UN agency for Palestinian refugees
Saudi Arabia announced Wednesday that it will donate $40 million to the UN agency for Palestinian refugees (UNRWA), which has been under pressure following funding cuts due to Israeli allegations, the Saudi Press Agency reported. The King Salman Humanitarian Aid and Relief Centre (KSrelief) signed a $40 million financial support memorandum with UNRWA to support its emergency appeal in Gaza, said the report.
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The four Grand Slams, the two tours and Saudi Arabia are all hoping to revamp tennis
Tennis could be on the verge of massive structural change if one of two separate proposals formulated by the four Grand Slam tournaments and the WTA and ATP professional tours ends up moving forward
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Secretary Blinken’s Meeting with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud
Secretary of State Antony J. Blinken met today with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud. The Secretary and the Foreign Minister discussed the urgent need to protect all civilians in Gaza and immediately increase humanitarian assistance to those in need. Secretary Blinken stressed the importance of continued close coordination with regional and international partners on resolving the conflict in Gaza and preparing for the post-conflict phase. The Secretary emphasized the United States’ commitment to achieving sustained peace through the establishment of an independent Palestinian state with security guarantees for Israel. The Secretary and Foreign Minister also discussed the importance of ending the conflicts in Sudan and Yemen.
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Saudi Arabia distributes 1 million iftar meals in Riyadh, Jeddah and Dammam to curb road crashes
A Saudi initiative has been launched to give away 1 million fast-ending iftar meals on main roads in the kingdom during Ramadan to reduce traffic accidents. Undertaken by the Saudi National Centre for Responsibilities and Studies and the Saudi Coffee Company Barn’s, the effort is aimed at distributing the meals at traffic signals and road intersections in the cities of Riyadh, Jeddah and Dammam during Ramadan to curb the pre-iftar accidents.
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