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Recent stories from sustg

  • Changing patterns in U.S. crude imports
     

    U.S. crude oil import patterns have been undergoing significant shifts in recent months. While growing domestic tight oil production from the Bakken formation in North Dakota and elsewhere has helped displace imports from some countries, U.S. import volumes from the Canadian oil sands and Saudi Arabia have been on the rise. In total, U.S. crude […]

     
  • At the SACM Career Fair in Washington, Saudi Arabia’s Brightest Are Met With Opportunities (PHOTOS)
     

    Across the United States, around the end of the month of May every year, graduating students from high schools and universities join with families and friends to celebrate their achievements in

     
  • Saudi Satire Ignites YouTube’s Massive Growth in Middle East
     

    Fahad Albutairi never expected a career in broadcast or comedy, and he certainly didn’t expect to emerge as a YouTube star known to millions. Albutairi is the co-founder and star of the La Yekthar Show, a small cadre of YouTube shows shot in Saudi Arabia that have become wildly popular in the last year. His […]

     
  • Saudi female entrepreneurs exploit changing attitudes
     

    In Saudi Arabia, a small but determined number of women are overcoming obstacles to build their own thriving businesses. Social constraints in the conservative Kingdom have not stopped women from amassing substantial individual wealth. An estimated $11.9 billion is held by women primarily in bonds and bank accounts, according to asset managers Al Masah Capital. […]

     
  • Saudi Arabian Airlines Officially Becomes ‘Saudia’, Embraces Privatization
     

    Saudi Arabian Airlines has today been formally renamed Saudia and has become a full member of the SkyTeam alliance while at the same time confirming the first stage of the long-awaited privatisation will go ahead in the next month.

     
  • Saudi construction sector ‘most buoyant globally’
     

    Massive construction projects in the GCC, particularly around social and transport infrastructure, will offer tremendous opportunities valued at up to $500 billion for contractors, Deloitte Middle East’s annual report “GCC Powers of Construction: Five Lessons to Learn From” released Wednesday said. The Deloitte report showed that there is imminent growth in the Saudi Arabian construction […]

     
  • IMAX ARABIA 3D Now Available for Mass Consumption on Netflix Streaming
     

    IMAX ARABIA 3D, the film directed by Hamzah Jamjoom, is now available to watch at any time on Netflix’s instant streaming option for the first time.

     
  • Saudi Budget Needs Less Than $80/Bbl To Be Balanced
     

    Top oil exporter Saudi Arabia would still be able to balance its budget even if oil prices fall to less than $80 per barrel, Al Arabiya television reported Tuesday, citing the kingdom’s finance minister, Ibrahim Al-Assaf. “As you know the oil revenues are affected by two factors; price and production…the price that leads to a […]

     
  • The Gulf Military Balance in 2012
     

    The Burke Chair at CSIS is issuing a new report called the Gulf Military Balance in 2012. The report shows that the Gulf military balance is dominated by five major groups of military forces: the Southern Gulf states, Iran, Iraq, outside powers like the US, and non-state actors like the various elements of Al Qa’ida, the […]

     
  • Saudi Arabia’s Bond With U.S. ‘Goes Beyond Energy’
     

    The U.S. and Saudi Arabia have a close relationship with a bond “that goes far beyond energy,” Saudi Oil Minister Ali al-Naimi said. The minister told graduates during his commencement speech at Lehigh University in Bethlehem, Pennsylvania, that “We seek together a world of greater understanding, mutual tolerance, and respect for human dignity and personal […]

     

MUST-READS

  • Israel’s hunt for the most-wanted person in Gaza

    After more than two months of battering the terror group's positions, Israeli officials believe that eliminating Sinwar and his close associates would accelerate Hamas' military collapse and an end to the war that began after Hamas attacked Israel on Oct. 7.

  • ‘Buying Quiet’: Inside the Israeli Plan That Propped Up Hamas

    Even as the Israeli military obtained battle plans for a Hamas invasion and analysts observed significant terrorism exercises just over the border in Gaza, the payments continued. For years, Israeli intelligence officers even escorted a Qatari official into Gaza, where he doled out money from suitcases filled with millions of dollars.

  • Opinion: America, the country of ‘Hi!’

    America is a country of hope and values; it is great because Americans learn both from their successes and from their failures. I call upon Americans to remind the world what America truly stands for and not to wait two years before making the moral call to resolve the flaring new crisis in the Middle East.

  • Ex-Saudi Spy Chief Says Palestinian Issue Key on Any Israel Deal

    Saudi Arabia is making a resolution to the Palestinian issue a condition for any engagement with Israel, the kingdom’s former head of intelligence said, even as the US attempts to work on normalizing their ties while war rages in Gaza.

    “The Palestinian issue is upfront and must be dealt with, a priority of any Saudi engagement on the level that was presented in the press as being imminent,” Prince Turki Al-Faisal said at the Milken Institute’s Middle East and Africa Summit in Abu Dhabi on Friday.

  • Saudi Arabia to host FIBA Asia Cup 2025

    The Saudi Basketball Federation (SBF) has been awarded the hosting rights for the FIBA Asia Cup 2025, with all the games to be played in Jeddah. This will be the second time that Saudi Arabia has hosted this prestigious continental event. The last time the Asia Cup was played in the Kingdom was in 1997, in Riyadh, where Korea lifted the trophy after beating Japan, 78-76, in the final. The hosts also made it to their first-ever semi-finals, finishing in fourth place. As there is continued growth for basketball in the region, the FIBA Asia Cup 2025 will engage millions of fans as Asia's flagship event makes its return to the Gulf.

  • US insistence on Saudi-Israeli normalisation amid Gaza war puzzles many

    US Deputy Secretary of State nominee Kurt Campbell told Congress on Thursday there is still willingness among the key players of the US-led talks to normalise ties between Saudi Arabia and Israel to restart the process even after the devastating October 7 attack by Hamas. “I think we can be carefully encouraged by some of the discussions that we’ve had to date that indicate that there still is a willingness among the key players to restart this process and continue it,” Campbell told senators during his confirmation hearing at the Senate Foreign Relations Committee.

  • Real estate developer discusses the appeal of the Saudi market: Video

    David Grover, group CEO of Roshn, says Saudi Arabia is the world’s biggest construction market.

  • Syria regime appoints new envoy to Saudi Arabia following 11-year absence

    Syrian President Bashar al-Assad has appointed a new envoy to Saudi Arabia following an 11-year absence, amid a recent thaw in relations between the regime and Riyadh.

    Deputy Foreign Minister Ayman Soussan was appointed with the role according to Syria’s state-run news agency SANA, and was subsequently sworn in during a ceremony attended by Foreign Minister Faisal Mekdad.

    The move comes as ties between Syria and Saudi Arabia were restored earlier this year, after Riyadh severed its ties with Damascus in 2012 over the country’s devastating civil war, in which the Assad regime led the brutal suppression of peaceful protesters.

  • 2024 budget boosts Saudi economic growth: Al-Sayari

    Saudi Arabia’s budget for 2024 aims to boost the Kingdom’s economic growth and development, Ayman Alsayari, Governor of the Saudi Central Bank (SAMA), said.   The Saudi economy proved to be highly resilient to face all global challenges, Alsayari added, pointing to the sound policies and decisions taken to preserve economic gains.   SAMA continued to perform its duties in harmony with the national economic requirements and Vision 2030.   The banking sector has financial solvency, operating efficiency and is able to face challenges.

  • Orsted Powers Up America’s First Major Offshore Wind Farm

    The turbine was installed just two weeks ago with union labor, and it’s the first of 12 that are expected to be completed by early 2024. Each one will have three blades measuring 318 feet from base to tip, or about twice the length of an olympic-sized swimming pool. When completed, the project will have the capacity to meet the electricity needs of some 70,000 homes on Long Island. New York officials estimate the project will eliminate up to 6 million tons of carbon emissions per year, similar to taking 60,000 cars off the road.