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Recent stories from sustg
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PHOTOS: Wild Weather Strikes Across Saudi Arabia as Rain, Floods Cause Damage and School Closings
- November 17,2014
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- SUSTG Team
The rain season began in several provinces of Saudi Arabia this past weekend with rain and floods reported in Mecca, Jeddah, and Hail provinces. Photos provided by the SPA show hail and rain storms caused flooding and damage in Taif and Mecca while Jeddah experienced thunderstorms. Director of Civil Defense in Taif Saleh Mansi Al-Harthi has […]
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Iraq’s President in Saudi Arabia Latest Evidence of Improved Relations
- November 12,2014
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- SUSTG Team
Iraq’s President Fuad Masum visited Saudi Arabia’s King Abdullah in Riyadh last night, the latest evidence of a thaw in diplomatic relations between the two countries. “The Iraqi president expressed his happiness to visit the kingdom and meet with his brother the king,” according to the SPA. The meeting was the highest level meeting of officials between […]
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Trading Begins Tomorrow on NCB’s ‘Steeply’ Discounted IPO as the Government Eyes Financial Sector Reforms
- November 11,2014
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- Lucien Zeigler
Trading is set to begin tomorrow on steeply discounted shares of Saudi Arabia’s National Commercial Bank as Saudi Arabia’s capital market regulator will introduce rules for credit rating agencies next September, according to reports. Matthew Martin and Sarmad Khan of Bloomberg quote Asim Bukhtiar, a vice president and head of research at Riyad Capital, as saying […]
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AP Reports Women May Be Moving Closer to Driving Rights, But Report Immediately Denied
- November 9,2014
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- SUSTG Team
The Associated Press reported this weekend that an unnamed Saudi Shoura member confirmed its body had “recommended that the government lift its ban on female drivers,” a report that a government official quickly denied after it surfaced. As the AP reports, “The council member said the Shura Council made the recommendations in a secret, closed session […]
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Saudi Officials Visit Wounded from Al-Ahsa Terror Strike as Security Agencies Expand Activities
- November 7,2014
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- SUSTG Team
The clampdown on extremism broadened on Friday as Saudi Arabia’s security forces have arrested another 8 people in Monday’s terrorist attack in a Shiite village in Saudi Arabia’s Eastern Province, according to media reports, including two police officers. The raids were conducted simultaneously across the country, including in Riyadh, Qassim and the Eastern Province, Arab News reported […]
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Energy Subsidies in the Gulf a Staggering $160 billion Annually, World Bank Says
- November 5,2014
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- Lucien Zeigler
Gulf states are spending an average of 10% of GDP on energy subsidies each year, a total of $160 billion, an IMF official said according to Arab News. “The GCC and other MENA states must start cutting energy subsidies now otherwise problems associated with them will get worse,” said Shantayanan Devarajan, chief economist for the World Bank in Middle […]
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First Global Entrepreneurship Forum Kicks off in Riyadh, Saudi Arabia as Kingdom Eyes SME Growth
- November 3,2014
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- Lucien Zeigler
The first Global Business Entrepreneurship Forum (GEF) was held in Riyadh, Saudi Arabia today to bring together top business and startup leaders to the Ritz Carlton Hotel near the Diplomatic Quarter in the Saudi capital. Organized by the Centennial Fund, the GEF’s first event in Riyadh was a chance for entrepreneurs and others in the […]
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Al-Jubeir: ‘Every Time the U.S. and Saudi Arabia Have Come Together, We have Done Wonders for the Region’
- October 30,2014
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- SUSTG Team
In his luncheon keynote remarks to the National Council on US-Arab Relation’s annual policymaker’s forum in Washington, D.C., Saudi Arabia’s Ambassador to the United States Adel al-Jubeir discussed the historical and current status of the Saudi-U.S. relationship and it’s track record of success when facing regional and global challenges. Full video of his remarks can […]
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At Policymakers Event, Prince Turki al-Faisal Takes Aim at Allegations of Saudi Support of Terror
- October 29,2014
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- Lucien Zeigler
Saudi Arabia’s Prince Turki al-Faisal, Chairman, King Faisal Center for Research and Islamic Studies, Riyadh, Saudi Arabia and former Saudi Arabian Ambassador to the United Kingdom and to the United States of America, delivered sharp criticism of those who put forth unsupported allegations of Saudi financing of extremism abroad, urging them to come forward with […]
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#FocusKSA: Power Subsidies and Electricity Supply in Saudi Arabia
- October 28,2014
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- SUSTG Team
A clip from SUSTG.com’s recent FocusKSA discussion with Dr. Fahad al-Turki of Jadwa Investment highlights some challenges and opportunities in powering the Kingdom of Saudi Arabia. Jadwa is a well-regarded, Shariah-compliant, investment firm based in Riyadh and Dr. Fahad spearheads a superb analysis team that publishes very informative reports such as it’s Chart […]
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MUST-READS
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State DepartmentTrump’s State Department Anxiously Awaits its Future
With the State Department demonstratively shut out of meetings with foreign leaders, key State posts left unfilled, and the White House not soliciting many department staffers for their policy advice, there is little left to do.
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King Salman in IndonesiaElderly man’s kiss on King Salman’s head warms the hearts of Saudis
King Salman’s visit to Malaysia received a positive feedback nationwide, at a time Saudis circulated a selfie taken by the Malaysian Prime Minister Najib Razak with the Saudi King on Monday, another picture of an elderly man kissing King Salman’s forehead has also gone viral.
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Suicide AttacksIsis has industrialised martyrdom, says report into suicide attacks
Islamic State is launching suicide attacks as a military tactic with similarities to Japan’s use of kamikaze pilots in the second world war, according to a study that looked at nearly 1,000 Isis suicide operations in a single year.
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Social Media AppHow This UAE Startup Is Helping Big Brands To Dominate Social Media In The Middle East
Three years ago, Brndstr started with a custom built software that allowed a brand’s Twitter account to automatically respond to hashtags with offers and vouchers.
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MosulU.S. Forces Push Artillery, Rockets, and Helicopters Closer to the Fight in Mosul
Special operations forces, artillery, rockets, and airpower are working overtime to back up thousands of Iraqi troops fighting to eject ISIS from the city.
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Saudi Women and the ArtsBeyond the veil: Saudi women making their presence felt in the arts
Intended to help remedy a lack of formal support for curatorial work, it struck a chord across the Saudi arts community.
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Renewable EnergyWorld’s biggest oil exporter Saudi starts hunt for solar and wind firms
The world's biggest oil exporter on Monday took the first step toward a goal of generating 9.5 gigawatts (GW) of energy through solar and other renewable means.
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Women's GymsSaudi to soon start granting licences for women’s gyms
Saudi authorities plan to start granting licences for women’s gyms from the end of February, a senior official has said.
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Healthcare Joint VenturesPfizer partners with Tabuk Pharmaceuticals to provide medicines to Saudi market
The venture leverages the local manufacturing capabilities of Tabuk and global promotional capabilities of Pfizer Saudi Limited.
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Abdullah JaberSaudi cartoonist on ‘reflecting society’ back to readers
But he says it is the balancing act of avoiding what he deemed as “short-lived red lines” and for Saudis to recognize the difficulties in doing so that he strives for in his cartoons.
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