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Recent stories from sustg
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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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Photos of Saudi Arabia’s Impressive Pavilion at the Hannover Industrial Forum in Germany
- April 11,2013
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- Lucien Zeigler
Saudi Arabia’s presence at the Hannover Industrial Forum, which took place in Hannover, Germany this week, is worth seeing. The Kingdom constructed a massive pavilion to show off business opportunities in Saudi Arabia and provide a networking platform for visitors of the expo in Hannover, Germany.
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Billionaires Prince Alwaleed bin Talal, Bill Gates Team Up to Defeat Polio
- April 10,2013
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- Lucien Zeigler
Two of the richest men in the world, and the two richest men in the United States and Saudi Arabia respectively, are teaming up through their foundations to finally eradicate polio, according to a press release. “The Alwaleed Bin Talal Foundation-Global (Registered in Lebanon), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, signed […]
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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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Stanford University in California Asks Five Questions of Saudi MBA Alumnus Fahd Al-Rasheed, CEO And Managing Director Of King Abdullah Economic City (KAEC)
- April 3,2013
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- Lucien Zeigler
Saudi Arabia’s King Abdullah Economic City (KAEC) is set to astonish the world when completed, and it is only one of four brand new cities that will be constructed by the Kingdom in the coming years. At a cost of more than $100 billion, Saudi Arabia began construction on four new economic cities designed to […]
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Op-Ed: Block of WhatsApp, Skype Flunks Smart Phones
- April 2,2013
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- SUSTG Team
The proposal by telecommunications regulatory commissions in Saudi Arabia to ban VoIP services like WhatsApp and Skype, which are an inexpensive and preferred way by many to communicate, particularly between students and families abroad, has caused several in the Saudi media to take issue with the ban.
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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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17-day long Janadriyah festival for Saudi Heritage and Culture to begin April 3
- March 27,2013
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- Lucien Zeigler
The 28th National Festival for Heritage and Culture at Al-Janadriyah showcasing the cultures and traditions of Saudi Arabia will open Wednesday, April 3, the Saudi Gazette reports. The festival is a display of Saudi culture and tradition. China is a guest country at the celebration, and will have a pavilion that is 2.000 sq. meters “at the […]
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Twitter Use Booms in Saudi Arabia: Infographic
- March 23,2013
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- Lucien Zeigler
Bit.ly, a link-tracking service company, published a comprehensive look at global social media use, which found that Saudi Arabia is rapidly embracing Twitter. “In this country, most of the social sharing happens on facebook and twitter, but what about in the rest of the world?” bit.ly asks on its company blog. The findings detail the number of […]
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Out There
- March 22,2013
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- SUSTG Team
Pat Ryan and his team at our sister site SUSRIS (say that fast five times) not only produce timely analysis and feature unparalleled current and historical resources pertaining to the Arabia and the larger Middle East they also find cool stuff like this.
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MUST-READS
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Atlético Madrid stadium rights bought by Saudi state airline
Saudi Arabia has consolidated its branding push with Atlético Madrid by paying for naming rights to the Spanish club's stadium for the next nine years. Atlético, which has been sponsored by Saudi state-owned Riyadh Air since last season, confirmed on Wednesday that its Metropolitano stadium will be known as the Riyadh Air Metropolitano henceforth until 2033. Atlético did not say how much it was receiving for the new agreement "which makes the Saudi Arabian company the most important sponsor in the club's history."
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Inside Saudi Arabia’s Remarkable Logistics Transformation
The 2024 Agility Emerging Markets Logistics Index continues to rank Saudi Arabia highly across several key metrics and demonstrates the impact of the agenda set forth by Saudi Vision 2030. The country ranks sixth for ‘international opportunities’ in the logistics sector, up three places from 2023. When it comes to ‘business fundamentals’ and ‘digital readiness’, it ranks third and sixth respectively, showing how well the Kingdom matches up in the context of global logistics. Meanwhile, Saudi Arabia has risen 17 places in the World Bank's Logistics Performance Index and is set to host the Global Logistics Forum in Riyadh later this month, reflecting its growing status as a leader in the field.
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Saudi q-commerce Nana acquires Rasseed app
Founded in 2016 by Abdulmajeed Alsukhan and Sami Alhelwah, Nana is a digital grocery shopping platform dedicated to fulfilling daily, weekly, and monthly household grocery needs. Meanwhile, Rasseed, founded in Saudi Arabia in 2016, is focused on providing software solutions to simplify the purchase of branded and local gift cards.
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Saudi Arabia, Japan are the safest and least crime countries among G20
A recent statistic for the Global Crime Index for 2023 showed that Saudi Arabia and Japan topped the list of the safest and least crime countries in the G20, as the Kingdom came in second place in the list of the safest countries, with a rate of 75.3, reflecting the success of ongoing efforts to enhance security and stability in the country, and reliance on strict legal systems and advanced technologies to monitor security, in addition to community programs aimed at enhancing safety and preventing crime.
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Saudi Arabia’s e-commerce market set to surge to $69.33 billion in 2025
Saudi Arabia’s e-commerce sector is on track for substantial growth, with revenues projected to hit SR260 billion (approximately $69.33 billion) by 2025, according to Commerce Minister Dr. Majed Al-Qasabi. During a visit to the Al-Baha region, the minister emphasized the increasing momentum in online shopping, noting that over 50 million e-commerce shipments entered the kingdom in 2023 alone.
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A Region Aflame – October 7 A Year Later
You could say Hamas as a military organization is shattered compared to what it was a year ago, but I think Israel wants to ensure that not only are they not a threat today, but they will also never be a threat. That's an exceptionally difficult bar, right? I don't actually know how you do that on a practical level. In Gaza, Israel seems to want to eradicate or destroy Hamas, but not do what the United States would say is necessary, which would be a mix of having lots of troops there so you can keep Hamas down and at the same time putting in place some sort of political structure that replaces Hamas.
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Saudi Arabia narrowly fails to win seat on U.N. Human Rights Council
Saudi Arabia narrowly failed on Wednesday to win a seat on the United Nations Human Rights Council, a blow to Riyadh's efforts to boost the country's rights reputation abroad and four years after it was rejected in a 2020 bid to join the 47-member body. Saudi Arabia is spending billions to transform its global image from a country known for strict religious restrictions and human rights abuses into a tourism and entertainment hub under a plan its Crown Prince Mohammed Bin Salman launched, known as Vision 2030. The Asia-Pacific group, which included Saudi Arabia, was the only competitive race on Wednesday with six candidates vying for five seats. Marshall Islands came in fifth with 124 votes, while Saudi Arabia missed out with 117 votes.
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New ‘Dragon Ball’ game is boost for Saudi theme park
Manga fans are eagerly awaiting the launch on Friday of the latest “Dragon Ball” video game, the first since the death in March of Akira Toriyama, the legendary Japanese artist who created the series 40 years ago. Among them are leisure chiefs at Qiddiya, the entertainment and tourism project being built near Riyadh, who revealed plans this year for a massive “Dragon Ball” theme park. The Saudi “Dragon Ball” attraction, the Kingdom’s first theme park, will cover more than half a million square meters with at least 30 rides, including a roller coaster inside a dragon modeled on Shenron, a wish-giving dragon that features in the franchise.
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Saudi crown prince meets with Iranian foreign minister in Riyadh
Saudi Crown Prince Mohammed bin Salman received the Iranian Foreign Minister Abbas Araghchi in Riyadh on Wednesday. During the meeting, Saudi-Iranian relations and the latest regional developments were discussed, Saudi Press Agency reported. The meeting was also attended by Saudi officials including Foreign Minister Prince Faisal bin Farhan who received Aragchi separately, earlier on Wednesday.
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Saudi business delegation lands in Pakistan for $2b investment talks
A high-level Saudi delegation, headed by Khalid bin Abdulaziz Al-Falih, the Kingdom’s Investment Minister, arrived in Islamabad on Wednesday for a three-day visit aimed at finalising $2 billion in business-to-business (B2B) investment proposals.
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