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Recent stories from sustg
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Royal Decree May Ease a ‘$67B Housing Logjam’ in Saudi Arabia, Reuters Reports
- April 24,2013
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- Lucien Zeigler
Reuters is reporting that last week’s Royal Decree to tackle Saudi Arabia’s housing program has removed “an obstacle to a $67 billion program to ease the country’s housing shortage,” which “may push the program forward by opening up thousands of acres of state-owned land for construction.”
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Defense Secretary Hagel in Riyadh, Greeted by Saud al-Faisal and Amb James Smith
- April 23,2013
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- Lucien Zeigler
SUSRIS reports that US Defense Secretary Chuck Hagel arrived in Riyadh on Monday.
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PHOTOS: Riyadh Hit by Heavy Rains, Floods; Several Dead and Millions in Damage
- November 19,2013
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- Lucien Zeigler
The streets of the Saudi Arabian capital Riyadh were inundated with water after a rare rainstorm dumped two hours of rain onto the desert city, leaving at least four dead, many more missing, and millions in damage. Photos published on social media outlets and in the Saudi press show the extent of the damage to […]
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Private Sector in the Middle East Conference to Begin Tuesday in Riyadh at Council of Saudi Chambers
- December 2,2013
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- Lucien Zeigler
The Council of Saudi Chambers of Commerce and Industry will host a new conference, the Private Sector in the Middle East (PSMEC) in Riyadh on Tuesday, December 3rd, 2013.
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Saudi Arabia to Shift Weekend to Friday Start
- April 22,2013
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- SUSTG Team
Pending approval from the Council of Ministers, Saudi Arabia could soon join its GCC neighbors in establishing a Friday-Saturday weekend. Oman will officially shift its weekend beginning this May leaving only Saudi Arabia to make the transition. The current Thursday-Friday weekend has long been considered a drag on the Saudi economy and the Ministry of […]
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Suspect Journalism: The New York Post’s Shoddy Saudi Student Reporting
- April 18,2013
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- Lucien Zeigler
A Saudi student studying in the United States on the King Abdullah Scholarship Program was injured in the Boston Marathon bombing on Monday. The student was one of at least two Saudi nationals hospitalized as a result of the attack. One of the victim’s friends told Al Arabiya that an amputation was almost required but […]
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Should the U.N. Security Council have a Permanent Seat for Arab States?
- November 11,2013
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- SUSTG Team
In the wake of Saudi Arabia’s decision to turn down a non-permanent seat on the U.N. Security Council, Saudi Arabia’s Ambassador to the United Nations Abdallah Yahya A. Al-Mouallimi is calling for Arab states to be permanently represented on the U.N.’s most powerful body and for veto power to be eliminated.
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Ease of doing business: Saudi Arabia Drops 4 Slots to 26th Overall in World Bank Ranking for 2014
- October 29,2013
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- Lucien Zeigler
Saudi Arabia is second in the Middle East in the World Bank’s Ease of Doing Business report and 26th overall, according to the recently released 2014 report. The placement represents an overall drop of 4 slots in the coveted ranking since 2013, when the Kingdom was ranked 22nd overall.
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Saudi Arabia Sees Limited Impact from US Shale Oil While SABIC Eyes Gas
- April 14,2013
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- Lucien Zeigler
According to this report by Summer Said in the Wall Street Journal, a close advisor of Saudi Arabia’s Minster of Petroleum and Natural Resources Ali Al Naimi said that the production of oil from shale will be “too limited and costly” to make a significant impact on the interests of exporters, but that the so-called […]
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Photos of Saudi Arabia’s Impressive Pavilion at the Hannover Industrial Forum in Germany
- April 11,2013
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- Lucien Zeigler
Saudi Arabia’s presence at the Hannover Industrial Forum, which took place in Hannover, Germany this week, is worth seeing. The Kingdom constructed a massive pavilion to show off business opportunities in Saudi Arabia and provide a networking platform for visitors of the expo in Hannover, Germany.
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MUST-READS
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Israeli SettlementsU.S. condemns new Israeli plan on settlements: State Department
The United States strongly condemned Israel's decision to advance a plan for a new settlement deep in the West Bank, the State Department said on Wednesday, saying it would damage prospects for a two-state solution.
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Vision 2030Saudi Arabia’s Post-Oil Plan Off to Rough Start in Year One
The first year of Saudi Arabia’s drive to reduce its oil dependence may end with the opposite result. A flurry of cost-cutting measures will likely push the non-oil economy into recession, analysts say. That means that any overall growth in 2016 will be largely due to record crude output.
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Saudi MilitarySaudi Arabia starts naval exercises in the Gulf
Saudi Arabia began naval war games including live fire exercises on Tuesday in the Gulf and Strait of Hormuz, the world’s most important oil route, official media reported, a move that coincides with heightened tensions with regional rival Iran.
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Ma'adenSaudi’s Ma’aden starts commercial output at alumina refinery
Production will reach maximum annual capacity of 1.8 million tonnes of alumina by early 2017, meeting Ma'aden's domestic requirement of 1.4 million tonnes for its smelter and allowing the surplus to be sold elsewhere in the region and internationally, the company said.
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Civil Service PaySaudi abandons Islamic calendar as part of cost-cutting measures
The change, approved by cabinet last week, brings civil service pay in line with the government's January-December fiscal year, the Arab News and Saudi Gazette reported.
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Atomic EnergySaudi Arabia takes part in International Conference on Atomic Energy
The International Conference on Atomic Energy has opened its 60th session in the Austrian capital Vienna.
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Anti-ISIS CampaignSigns of panic and rebellion in the heart of Islamic State’s self-proclaimed caliphate
Mosul is the largest city under Islamic State control and is central to its narrative of having restored the Islamic caliphate.
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Saudi Binladen GroupSaudi builder Binladin says government started to pay dues
The Saudi finance ministry has resumed payments to Saudi Binladin Group (SBG), the kingdom's biggest construction firm, for its work on government projects, Saudi Okaz newspaper reported on Thursday, citing an adviser to the chairman.
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SecuritySaudi Arabia thwarts terror plans by ISIS-linked groups
Saudi security forces have thwarted ISIS-linked terrorist operations in the kingdom, the Saudi Interior Ministry said in a statement Monday.
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SyriaUK took part in strike that killed government troops
The UK took part in a recent air strike in Syria that killed dozens of government troops fighting the so-called Islamic State, the Ministry of Defence (MoD) has confirmed.
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