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Recent stories from sustg

  • Interview with Thuraya Al-Arrayed, Women Join Shura Council
     

    This month King Abdullah of Saudi Arabia kept his promise and appointed women to the Shura Council for the first time. The council is a non-voting, advisory body. But the inclusion of women is significant. Anchor Marco Werman speaks with Thuraya al-Arrayed, one of the Shura’s new female members.

     
  • Oil Exports, Politics and Propaganda
     

    Last month, the US mainstream media barraged us with simplistic reports about how the US will soon be producing more oil than Saudi Arabia—making America the world’s top producer. Left out of this story was the fact that the math was a bit skewed: the US may end up producing more total hydrocarbons than Saudi […]

     
  • Abu Dhabi Buzzes On Eve of World Future Energy Summit ‘13
     

    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 […]

     
  • Al-Assaf, Al-Rabiah Headline Important Private Sector Initiative in Riyadh
     

    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.

     
  • Breakthrough in Saudi Arabia: 30 women named to parliament
     

    King Abdullah Bin Abdul Aziz of Saudi Arabia issued Friday a historic decree allowing women to be members of the kingdom’s previously all-male Shura Council for the first time. The decree amended two article in the council’s statute introducing a 20 percent quota for women in the country’s 150-member Shura Council, and the king appointed […]

     
  • How to create a transmedia hit in the Middle East: C3 Summit:
     

    The distinguished panel of industry leaders walked through a hypothetical case where creative people in the business designed a Middle East based transmedia enterprise and talked through the process of launching and promoting it. They provided an overview of developments in their field in the Middle East and the role of education and creativity in […]

     
  • Saudi Arabia’s ‘golden age of learning’ under King Abdullah
     

    The major barrier in the progress of science in Muslim countries is the absence of a culture based on scientific research. There are no established research strategies, poor institutional support and insufficient integration among science-rich communities. Appointments and promotions in faculties must be based on merit. Muslim countries must create a merit-based structure that fosters […]

     
  • Saudi Arabia’s $220bn spending spree
     

    Even at growth of 3.4 percent, Saudi Arabia’s economy will be the envy of most other large countries. That figure is above the average expected GDP (3 percent) of the G20 nations – of which the kingdom is one – according to Moody’s. And, waiting in the wings, is Saudi Arabia’s vast foreign reserves, which […]

     
  • Saudi Arabia’s 2013 Budget – Jadwa
     

    Budgeted spending is at another all-time high in 2013, as the government continues with its program to upgrade the human and physical infrastructure and spurring economic growth. One highlight of the Ministry of Finance (MoF) budget announcement is the 18 percent jump in revenues. With no new initiatives announced, we think this is a sign […]

     
  • ‘Expansionary’ Saudi 2013 Budget Provides for Record Spending on the Back of 2012 Surplus
     

    A recently released report by Jadwa Investment on Saudi Arabia’s 2013 budget highlights the Saudi government’s plans for record spending to sustain the Kingdom’s economic expansion next year.

     

MUST-READS

  • Saudi Arabia Said to Tee Up Multibillion-Dollar Bet on Hydrogen

    The kingdom’s sovereign wealth fund, chaired by de facto ruler Crown Prince Mohammed bin Salman, has created a company called Energy Solutions Co. to finance so-called green hydrogen power production, the people said, asking not to be identified as the information is private.  The Public Investment Fund expects the firm to invest at least $10 billion, the people said, though that number could grow significantly in years to come depending on demand for hydrogen and its investment pipeline. Some investments will be made with state oil producer Saudi Aramco, they said.

  • Saudi Arabia opens doors to Hong Kong stocks with launch of 2 ETFs at month-end: SFC CEO

    Financial Secretary Paul Chan Mo-po will lead a delegation comprising scores of local regulators and financiers to the FII conference in Riyadh and to mark the launch of the ETFs, according to Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC).

  • Saudi Perfume Maker Climbs 30% on Debut as IPO Rush Continues

    Saudi Arabia-based perfume maker Al Majed for Oud Co. jumped by the maximum allowed in its Riyadh trading debut in a sign that demand for Middle Eastern listings remains robust. The shares jumped to 122.2 riyals ($32.53), up 30% from the offer price of 94 riyals apiece. The initial public offering — where the company sold a 30% stake for $188 million — had been 156.5 times oversubscribed.

  • The crazy Saudi Pro League top scorers chart of 2024-25: Ronaldo, Benzema…

    Former Manchester United, Real Madrid and Celtic stars are among the Saudi Pro League top scorers of the 2024-25 season so far. Following a few years of heavy investment, the Saudi Pro League is now packed with superstars and several of them manage to make their way onto this list.

  • Mossad’s pager operation: Inside Israel’s penetration of Hezbollah

    The AR924 pager was slightly bulky but rugged, built to survive battlefield conditions. It boasted a waterproof Taiwanese design and an oversized battery that could operate for months without charging. Best of all, there was no risk that the pagers could ever be tracked by Israel’s intelligence services. Hezbollah’s leaders were so impressed they bought 5,000 of them and began handing them out to mid-level fighters and support personnel in February.

  • For Gulf Countries, There May Be No Clear Preference Between Trump and Harris

    Neither Harris nor her Republican opponent is likely to fundamentally alter or abandon the partnership that has defined relations between Washington and the six Gulf Cooperation Council countries. Nothing in their agenda or rhetoric suggests otherwise. And even when candidates imply a major deviation from tradition – such as President Joseph R. Biden Jr.’s vow to treat Saudi Arabia as a “pariah” during the 2020 Democratic primaries – once they assume leadership and responsibility for national security, the shared core interests in regional security and stability compel the president to abandon such political rhetoric and repair personal relations, as Biden did with Riyadh with his visit to Jeddah 18 months after his inauguration, to maintain this crucial partnership.   

  • Opinion: Here’s how Israel, Iran and Hezbollah can an avoid all-out war

    A mutual drawdown could center on the implementation of United Nations Security Council resolution 1701, adopted in the aftermath of the last major Israel-Hezbollah war in 2006. The resolution holds that Hezbollah should withdraw its fighters and heavy equipment from the south of Lebanon up to the Litani River, about 25 km (roughly 15.5 miles) into the country.

  • The UAE’s Network-Based Vision for Economic Integration

    China’s mega Belt and Road Initiative, once President Xi Jinping’s flagship project, does not lack leadership support. Yet, 11 years after its inception, the project has yet to take off as envisioned. Meanwhile, the global trade and investment strategy of the United Arab Emirates – a country of just 11 million people – is providing an alternative vision. The brainchild of UAE Foreign Minister Abdullah bin Zayed al-Nahyan, the trade expansion project envisions the UAE as the center of the world’s largest trade and investment network. This network is what has differentiated it from Beijing’s project. The BRI was, at its core, a carrot for countries that cooperate with China – a play-to-get-paid strategy defined by Beijing’s single-party leadership.

  • IRGC Newspaper Demands Nuclear Bomb

    While some reformist media outlets warn Pezeshkian that the present conflict with Israel may evolve into a military confrontation between Iran and the United States (and a prolonged Israeli and U.S. bombing campaign against Iran similar to the U.S. bombings of Iraq throughout the 1990s) the IRGC’s main mouthpiece, Javan, urges Iran to change its nuclear doctrine, which to judge by the article quoting American political scientist the late Professor Kenneth Waltz saying “Peace-lovers ought to love the nukes!,” may indicate nuclear breakout.   

  • Solomon Islands agrees visa exemption for Saudis

    At the outset of the meeting, Prince Faisal conveyed the greetings and appreciation of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman, wishing the government and people of the Solomon Islands continued stability and prosperity. In turn, the prime minister of the Solomon Islands offered his greetings and appreciation to King Salman and the Crown Prince, wishing the government and people of the Kingdom steady progress and prosperity.

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