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Recent stories from sustg
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Ambassador Chas Freeman on US-Saudi Relations, Obama Visit
- June 30,2014
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- SUSTG Team
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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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‘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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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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2014 SACM Career Fair and Graduation: 9 Things to Know
- May 20,2014
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- Lucien Zeigler
If you’re attending the 2014 SACM career fair and graduation ceremony in the Washington, D.C.-area starting on May 24th, you’ll be joining thousands of other Saudi students in the U.S. for an excellent networking opportunity. Students on the King Abdullah Scholarship Program and their families come from around the country to celebrate their achievements and […]
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SMEs in Saudi Arabia: How the Supreme Economic Council Can Support SME Growth in the Kingdom
- May 20,2014
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- John Sfakianakis
SMEs (small and medium-sized enterprises) are key to an economy’s growth and account for 60% to 70% of jobs in most Organisation for Economic Cooperation and Development (OECD) countries, with a particularly large share in Italy and Japan, and a relatively smaller share in the US. The percentage contribution of SMEs to GDP/total value added […]
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The Euromoney Conference: Investment in Saudi Arabia – Sfakianakis
- May 16,2014
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- John Sfakianakis
Just recently Fitch upgraded the sovereign rating of Saudi Arabia to AA from AA-, denoting a stable outlook for the Kingdom. Fitch’s upgrade of Saudi Arabia’s sovereign rating makes it rank seventh within the G20 members, after the United States, Germany, Canada, Australia, Britain, France, and ahead of even Japan and China. Despite political upheaval […]
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Commentary | King Abdullah: Nine Golden Years of Prosperity and Stability – Mulhim
- May 6,2014
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- SUSTG Team
Saturday marked the 9th anniversary [on the Islamic calendar] of Custodian of the Two Holy Mosques King Abdullah’s accession to the throne and pledging of allegiance to him. When King Abdullah assumed the leadership of Saudi Arabia, the world in general and the region in particular was facing difficult times, as violence, instability and drastic […]
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Saudi Minister of Finance Ibrahim Al-Assaf to Represent Saudi Arabia at the G20 Meetings in Washington on Thursday
- April 8,2014
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- Lucien Zeigler
The Saudi Press Agency reports the Minister of Finance, Dr. Ibrahim Al-Assaf, will represent Saudi Arabia in Washington on Thursday at the G20 meethings. He will join other finance ministers and governors of central banks.
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MUST-READS
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LebanonLebanese protesters united against garbage… and sectarianism
Protests initiated by “You Stink” activists against Lebanon’s garbage crisis and the government’s infamous corruption and dysfunction continue to grow. What insight can this garbage crisis and mounting public frustration provide us about not only the country’s sectarian political system but also broader regional trends?
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Saudi-QatarSaudi cabinet grants licence to Qatari bank for first time
The Saudi Council of Ministers granted a licence for Qatar National Bank to open a branch inside the kingdom, the official SPA news agency said on Monday, in what would be its first licence awarded to a Qatari lender.
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Banking and FinanceSaudi banks said to still be strong despite oil slump
Saudi Arabian banks’ financial cushion and the government’s commitment to keep spending should enable them to weather a prolonged slump in oil prices, even though loan growth is slowing, Saudi British Bank (Sabb) said.
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AfghanistanTaliban frees 350 inmates in Afghan jail raid
The insurgents raided a jail in eastern Afghanistan early Monday, setting 350 inmates free, a provincial official said. And they killed four police officers and wounded another seven in their attack.
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Financial TransactionsBanks’ messaging system SWIFT’s growth in Middle East, Africa outpaces global rate
In the Middle East growth in the year up to the end of August was 12 percent, with double-digit expansion in Qatar and the United Arab Emirates helping offset a decline in Lebanon, Iraq and Libya
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LebanonLebanon’s ‘You Stink’ campaigners criticise rubbish plan
The organisers of Lebanon's "You Stink" mass protests over piles of festering rubbish in the streets on Thursday criticised the government's long-awaited plan to deal with the crisis.
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Banking and FinanceSaudi central bank to appoint KPMG partner as deputy governor for supervision
The Saudi Arabian Monetary Agency (SAMA) is set to appoint KPMG Saudi Arabia's managing partner Tareq al-Sadhan as its new deputy governor for supervision, two sources told Reuters on Thursday.
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Taliban: Al-QaedaTaliban flaunts al Qaeda links in latest issue of its official magazine
Al Sumud’s heavy reliance on al Qaeda leaders to eulogize Mullah Omar should come as no surprise. The Taliban and al Qaeda have deep ties spanning decades, and the Taliban has actively publicized the relationship over the past several months.
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Saudi MediaSaudi Arabia Bans National Geographic Cover Featuring Pope Francis
Pope Francis has won praise around the world for advancing a more humble, tolerant version of Catholicism, but there’s one country that he evidently hasn’t won over. Saudi Arabia banned the August issue of the National Geographic’s Arabic edition, whose cover featured Francis standing in the Sistine Chapel, due to what the magazine said were “cultural reasons.”
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Sandstorm‘Unprecedented’ sandstorm envelops Lebanon and Syria
The meteorological department at Beirut's Rafik Hariri International Airport described the storm as being "unprecedented" in Lebanon's modern history.
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