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Shoura Council to appoint 30 women
- September 2,2012
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- Lucien Zeigler
Saudi Arabia is expected to appoint 30 women on the Shoura Council before the consultative body begins its next annual session. “The expectations are that up to 30 women will be appointed to the Shoura,” sources close to the council told Al-Sharq Arabic daily. The newspaper said that talks have already begun with several institutions […]
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The Island of the Arabs
- August 29,2012
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- SUSTG Team
So in 1954 when Aramco’s New York office decided to produce a feature film about Saudi Arabia and the company’s role in the kingdom, they chose Dick Lyford to direct it. The film called Island of the Arabs begins with the early geologists landing in Jubail and then exploring in the desert. While sitting around […]
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Saudi banks most profitable in Middle East
- August 28,2012
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- SUSTG Team
Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks lead the pack “having a good track record of maintaining strong asset quality and adapting adequate lending practices and underwriting standards,” Sheetal Kothari, research analyst, business and financial services practice, Frost & Sullivan, said. The […]
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Beware the Siren Call of Jihad
- August 27,2012
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- SUSTG Team
There’s a full-court press, likely at the instigation of Saudi Arabia’s government, to discourage would-be jihadis from traveling up to Syria. Saudi Gazette/Okaz report that a wide array of authority figures are warning enthusiastic youths of the potential dangers and about how their brothers and cousins fell into traps in Afghanistan, Chechnya, and Iraq. Usefully, […]
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Saudi Arabia breaks onto contemporary art scene
- August 24,2012
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- Lucien Zeigler
Saudi Arabia is making its mark on the global contemporary art scene: works by Middle Eastern artists such as Talal Al Zeid and Mohammed Farea are available at Lam Art Gallery in Riyadh, the Empty Quarter photography gallery in Dubai was founded by the Saudi photographer Princess Reem Al-Faisal, while Message/Messenger, a 2010 installation incorporating […]
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For GCC, a Challenge Within Reach: The Gulf Rail Network
- August 22,2012
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- SUSTG Team
Railways have never been the preferred mode of transportation in the Gulf, neither for passengers nor for goods, for geographic reasons and, mostly, due to the affordable prices of fuel for road transportation. But in the next few years, and in order to boost trade, Gulf countries are expected to spend more than $100 billion on rail […]
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What Islamic Advertising in Saudi Arabia Looks Like
- August 17,2012
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- Lucien Zeigler
This image of McDonald’s famous Golden Arches — the ne plus ultra of a Western brand — looks jarring in Arabic script. But in the Middle East and parts of Asia, that’s McDonald’s all-American brand.
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Saudis Back Syria Rebels, Mindful of Past
- August 16,2012
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- Lucien Zeigler
Overcome by the suffering of civilians in warring Syria, a professor in Saudi Arabia’s capital strips off his watch on live television to give as aid. A Saudi bride on her wedding night offers up her entire dowry of $13,000. Parents bring their children to donation centers set up around the Saudi kingdom, watching proudly […]
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Saudi: strongest passenger growth in a decade as market expands
- August 15,2012
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- SUSTG Team
After several years of sagging performance, Saudi Arabia’s aviation market reported its strongest growth in passenger traffic in more than a decade in 2011, even against the background of the Middle East’s regional social unrest. Despite the Arab Spring uprisings in North Africa and some of the Gulf states, Saudi Arabian passenger traffic boomed in […]
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Top 10 salaries in Saudi Arabia
- August 14,2012
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- SUSTG Team
Banking is one of the only sectors in Saudi Arabia to see a dip in compensation in 2012 Salary Survey. Construction project managers now earn the highest monthly salary.
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MUST-READS
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Saudi Arabia sets dress code for high-ranking officials and legal practitioners
Saudi Arabia has issued guidelines specifying the formal use of the traditional men’s cloak, bisht, for certain categories of individuals and officials at formal events and workplaces. The directive mandates the wearing of the bisht for emirs and deputy emirs of provinces, governors, ministers, assistant and deputy ministers, leaders of independent departments and their deputies, as well as heads and deputy heads of town centres.
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Saudi Arabia to invest $800B in major tourist destinations: Minister
The Kingdom saw a 156% increase in tourist arrivals in 2023 compared to 2019, surpassing both regional and global recovery rates. He said that $800 billion would be invested by the Kingdom in cities and tourist destinations over the next decade as part of its Vision 2030 goals. Tourism is one of the key sectors in the Kingdom, as it helped the Kingdom achieve one of Vision 2030 targets of attracting 27 million visitors in 2023. These tourists spent more than SAR 100 billion during the first three quarters of 2023.
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First film announced as Saudi Arabia launches Big Time Investment to fund Arab productions
Egyptian actress Mona Zaki is set to star in a film portraying the life of legendary singer Umm Kulthum, which is the first film in a slate of productions as Saudi Arabia’s General Entertainment Authority announced the launch of a film fund named Big Time Investment, aimed at fostering the production of Arabic cinema.
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Expat remittances from Saudi Arabia fall to $33.3 Billion in 2023
Remittances from expatriates in Saudi Arabia fell 13%, or SAR 18.3 billion, to SAR 124.9 billion in 2023, compared to SAR 143.2 billion in 2022, according to recent data released by the Saudi Central Bank (SAMA). Last year's remittances from expatriates are the lowest since 2011, when they reached SAR 110.4 billion.
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Navigating the Landscape of Esports and Gaming in Saudi Arabia
According to the Chairman of the Federation of Esports and Gaming HRH Prince Faisal bin Bandar bin Sultan Al Saud, the Kingdom’s aim to become a leading global hub for gaming and esports by 2030 will create over 35,000 jobs and contribute $13.3bn to the nation’s economy.
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Saudi Arabia Has Become The Fight Capital Of The World
Las Vegas has been the fight capital of the world for decades. It seems almost crazy to look at any other place as the destination spot for fighters, fans, and the promoters who push the events. Over the past two years, it's become clear that Riyadh, Saudi Arabia, and the Gulf states have taken a significant piece of the pie. So much so it's not a stretch to say Saudi Arabia has become the world's fight capital.
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Amazon Saudi Arabia expands Ramadan meal support drive with Eta’am, enabling millions of customers to contribute through Amazon.sa
This Holy Month of Ramadan, Amazon Saudi Arabia expands its longstanding partnership with the Saudi Food Bank (Eta’am), further strengthening its support to serve families in need. Building on four years of collaboration to deliver iftar meals, pack and deliver food essentials, organize community iftars, and more, the company will now offer customers across Saudi Arabia a seamless way to contribute essential day-to-day food items to underprivileged families through Amazon.sa.
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Saudi Arabia’s AI economy goals key focus for Oracle at LEAP 2024
Riyadh, Kingdom of Saudi Arabia: Latest cloud innovation that is geared to help Saudi Arabia accelerate its Artificial Intelligence (AI) powered economy will be on display at Oracle’s state of the art exhibit at LEAP 2024. Oracle will this year present a comprehensive portfolio of AI solutions including state of the art cloud applications on a best-in-class AI cloud infrastructure and state-of-the-art generative AI innovations. “Over the last three decades, Oracle has significantly expanded presence in Saudi Arabia to help the Kingdom emerge as a digital economy leader. Our US $1.5 billion investment in Saudi Arabia will play a vital role in expanding local cloud capacity, which will act as the foundation for local organisations to unlock the full potential of latest digital technologies like Artificial Intelligence”, said Reham AlMusa, vice president – Business Applications, and Saudi Arabia Country Leader, Oracle. “AI is seeing incredible adoption in the Kingdom, as businesses look to innovate and grow. PwC estimates that Artificial intelligence is set to contribute $135 billion to the Saudi economy in 2030, making the Kingdom the biggest beneficiary of the technology in the Middle East. Oracle is well positioned to help Saudi organisations leverage this AI opportunity, and LEAP 2024 will be an opportunity for us to demonstrate how our latest AI innovation can help address the most complex business challenges across diverse industries and help drive growth.”
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Saudi Arabia’s Film AlUla Targets Music Industry With Recording Studio
Saudi Arabia‘s Film AlUla has announced the construction of a state-of-the-art recording studio, within its recently launched studio complex. Set to open in June 2024, the facility will comprise a 190 sq m (2045 sq ft) studio space, 47sq m (505 sq ft) control room and two Iso booths, as well as catering facilities and a rack room. Film AlUla said it had worked with industry experts to design the facilities, which will provide the latest audio and recording equipment.
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Saudi Arabian conglomerate Ajlan eyes ‘mega deals’ with Chinese companies in tech, new energy, petrochemical sectors
Ajlan & Bros Holding Group, a private conglomerate headquartered in Riyadh, Saudi Arabia, is targeting “mega deals” reaching over US$1 billion in value with companies in China’s petrochemicals, new energy, and technology sectors in 2024. The company aims to make strategic investments by acquiring equity stakes, providing financial expertise, and offering legal advice to leading players in these industries, said Vincent Yan, its senior vice-president.
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