Jews revere the site they call the Temple Mount as the location of the first and second temples and worship at the Western Wall, a remnant of the ancient complex. Muslims know it as the Noble Sanctuary, where the prophet Muhammad is said to have ascended to heaven.
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Recent stories from sustg
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An Interview with Abdulaziz Alhazmi, COO and Acting Director General of Saudi Arabian Airlines (Saudia)
- June 30,2014
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- Richard Wilson
On the eve of the 2014 Saudi Arabian Cultural Mission (SACM) Career Fair and Graduation Ceremony last week, I sat down with Abdulaziz Alhazmi, COO and Acting Director General of Saudi Arabian Airlines (Saudia). Saudia is a major sponsor of these events and Mr. Alhazmi was in Virginia to personally congratulate the 12,500 Saudi students […]
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‘Saudi Labor in Transition’
- June 30,2014
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- SUSTG Team
With regard to preserving economic, political and social stability at home, none of these external issues may be as important for Saudi Arabia to ‘get right’ as the issue of jobs. FOCUS KSA presents Saudi Labor in Transition: What are the Challenges facing the Kingdom?
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Richard Wilson and the Saudi-US Trade Group (SUSTG) [Video]
- June 30,2014
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- SUSTG Team
SUSTG’s Richard Wilson interviewed by SUSRIS editor-in-chief Patrick Ryan, the first in a new series called FocusKSA.
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Fahad Nazer: Assertions that Saudi Supports ISIL ‘Without Evidence’ and ‘Defies Common Sense’ [VIDEO]
- June 30,2014
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- Lucien Zeigler
Last week’s FocusKSA discussion on the deteriorating security situation in Iraq brought together three experts on the subject to make sense of the advance of ISIL and discuss the implications for Saudi Arabia and the United States. Fahad Nazer, analyst with JTG Inc. and frequent commentator on CNN, Al Monitor and other media outlets, focused on the lack of […]
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‘Observe Ramadan in the true spirit of Islam’
- June 28,2014
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- admin
Imams in mosques throughout the Kingdom, including those in Makkah and Madinah, welcomed on Friday the holy month of Ramadan with an immense sense of piety and requested their respective congregation to strictly follow the teachings of the Holy Qur’an during the fasting period. The Supreme Court in Riyadh called on all Muslims in the […]
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HRDF’s New Priority: Business Education Scholarships For Saudi’s Young Private Sector Leaders
- June 11,2014
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- Bill Connor
Since its inception in 2000, the primary mission of the Saudi Human Resources Development Fund (HRDF) has been to provide job training and locate entry-level employment for young Saudis. But thanks to a new partnership with The Madinah Institute for Leadership and Entrepreneurship (MILE), HRDF now has another ambitious goal: to educate and support Saudi’s […]
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Needed Changes at Saudi Arabia’s Majlis As Shura Council
- June 9,2014
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- John Sfakianakis
A parliament is a legislature. More generally, “parliament” may simply refer to a democratic government’s legislature. The term is derived from the French parlement, the action of parler (“to speak”): a parlement is a discussion. The term came to mean a meeting at which such a discussion took place. It acquired its modern meaning as […]
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FocusKSA: An Interview with Abdulaziz Alhazmi, COO and Acting Director General of Saudi Arabian Airlines (Saudia)
- June 4,2014
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- Richard Wilson
On the eve of the 2014 Saudi Arabian Cultural Mission (SACM) Career Fair and Graduation Ceremony last week, I sat down with Abdulaziz Alhazmi, COO and Acting Director General of Saudi Arabian Airlines (Saudia). Saudia is a major sponsor of these events and Mr. Alhazmi was in Virginia to personally congratulate the 12,500 Saudi students […]
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PHOTOS: The 2014 SACM Career Fair at the Gaylord Hotel in Washington DC
- May 30,2014
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- Lucien Zeigler
The recently completed 2014 SACM Career Fair brought together over 12,500 Saudi graduates and leading employers in Saudi Arabia to match talent with opportunities. Leading companies from the U.S., Saudi Arabia and around the world set up booths to meet the recent graduates, introduce their companies, and discuss employment opportunities.
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Saudi Arabia’s Upcoming 10th Economic Development Plan is of Critical Importance
- May 27,2014
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- John Sfakianakis
Saudi Arabia’s two most important national economic goals are diversification and the creation of jobs. Simply, if the economy fails to diversify and doesn’t create enough jobs for Saudis, prospects for Saudi Arabia’s post-oil future will be severely diminished. An economic development plan is only as good as its implementation.
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MUST-READS
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A Saudi business is leaving Arizona valley after it was targeted by the state over groundwater use
Arizona officials said a Saudi-owned company they targeted over its use of groundwater to grow forage crops is moving its farming operation out of a valley in the Southwestern state’s rural west. Gov. Katie Hobbs and the Arizona State Land Department announced late Thursday that Fondomonte Arizona is officially no longer pumping water in the Butler Valley groundwater basin. Some residents of La Paz County had complained that the company’s pumping was threatening their wells.
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Saudi Wealth Fund Eyes $20 Billion Windfall from Aramco Dividend
Saudi Arabia’s sovereign wealth fund is set to earn about $5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares in the state-controlled oil company, which then said it would boost shareholder payouts. The hike in Aramco’s dividend, which is set to total at least $124 billion this year, comes days after Crown Prince Mohammed bin Salman ordered the transfer of an 8% stake in Aramco to the Public Investment Fund.
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At Jerusalem’s al-Aqsa Mosque, Ramadan brings uncertainty and fear
It’s the holiest site in Judaism and third holiest in Islam. The competing claims are one of the most challenging elements of the decades-long Israeli-Palestinian conflict.
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Elderly Saudi family members recall beloved tradition of sighting crescent moon
“Every year, before sunset, we would sit at a high spot in the village with serene views of clear skies, waiting for the sighting of the crescent moon. We watched the gradual descent of the sun before sunset. These changing colors had magnificent effects that we admired and later described to our mothers at home.”
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US threatens action against Iran at IAEA over continued ‘stonewalling’
The United States on Thursday threatened future action against Iran at the U.N. nuclear watchdog if Tehran keeps "stonewalling" the watchdog by denying it the cooperation and answers it seeks on issues including long-unexplained uranium traces.At a quarterly meeting of the International Atomic Energy Agency's 35-nation Board of Governors, Washington again told Iran to cooperate with IAEA inspectors who for years have been seeking explanations from Tehran on the origin of uranium particles at undeclared sites.
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Aramco seeks more investment opportunities in China, sees healthy oil market in 2024: CEO
On an earnings call, Nasser added that the global oil market is expected to remain healthy for the rest of the year and increase by roughly 1.5 million barrels, according to Reuters. The CEO also predicted that global oil demand will reach 104 million barrels per day in 2024, up from an average of 102.4 million barrels in 2023. Aramco, he added, is targeting a 60% boost in gas production by 2023, compared to 2021 levels.
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Saudi Arabia starts to localize 35% of dental profession
Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD) started to localize 35% of the dental profession in the private sector as of today, March 10. The decision, issued by HRSD Ministry in partnership with the Ministry of Health, will be implemented in the private-sector institutions with three or more workers. The Health Ministry will oversee and implement the decision, in line with the job market and the requirements of the dental profession.
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Saudi GDP falls 0.8% in 2023
Saudi Arabia’s real gross domestic product (GDP) fell by 0.8% year-on-year (YoY) in 2023, data issued by the General Authority for Statistics (GASTAT) showed. Oil activities declined by 9% YoY, while non-oil activities grew by 4.4% annually. In addition, government services increased by 2.1% YoY. GASTAT adopted the chain-linked methodology in the national accounts to calculate the real GDP. It issued the publications of Q4 2023 and 2023, adopting the new methodology instead of the previous one, which was based on utilizing the fixed base year.
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Saudi Aramco boosts dividends despite profit fall
Saudi Aramco has reported a steep decline in profits, after the energy giant cut production and oil prices fell sharply in 2023.
Its profits fell 25% to $121bn (£91bn) profits after a record-smashing year in 2022.
But the figure is still the second-highest profit ever for the state-backed company.
The firm said it was boosting its payments to shareholders and looking for opportunities to invest in China.
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Veteran Saudi diplomat warns of consequences of Israel’s Gaza war, regional spillover risk
“We hope that a ceasefire will take place in Gaza. Ramadan is coming. And the brutality that we have seen will not make anyone happy, any human being happy, especially in the Muslim world.” Asked about the risks of a regional spillover, he said the war was already contributing to tensions in the north of Israel and in the south of Lebanon. “There’s tit-for-tat ongoing between Hezbollah and Israel.”
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