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Recent stories from sustg

  • Saudi Arabia’s First Female Director Brings ‘Wadjda’ to Cannes
     

    Wadjda, the first-ever film shot in Saudi Arabia, hits the Cannes market as The Match Factory begins pre-sales at Cannes’ Marche du Film on the coming-of-age drama from Haiffa al Mansour, the first female Saudi filmmaker. Haifaa wrote and directed Wadjda, which tells the ordinary but uplifting story of Wadjda, an 11-year-old girl growing up in […]

     
  • Baseball and Saudi Economic Policy
     

    Dr. Muhammad Al-Jasser, Minister of Economy and Planning, recently spoke to the Young Businessmen’s Committee of the Riyadh Chamber of Commerce and Industry. Though the setting would appear innocuous, Dr. Al-Jasser’s remarks were not. The theme was the Future Vision of the Saudi Economy and they are worth reading in full.

     
  • Opening the TASI: What You Need to Know
     

    Saudi Arabia, the world’s largest oil exporter and the Middle East’s biggest economy, is about to complete a gradual process to open its stock market, known as the Tadawul or TASI, directly to international investors for the first time.  The initial step toward this action was to give other GCC countries the right to invest […]

     
  • Seven years of prosperity and development
     

    Saudi Arabia will mark the seventh anniversary of Custodian of the Two Holy Mosques King Abdullah’s accession to the Saudi throne on May 17 with a variety of programs highlighting the remarkable progress achieved by the Kingdom in education, health, industry, agriculture and other sectors under his wise leadership. King Abdullah’s announcement at the Shoura […]

     
  • Saudi Perspective on the Middle East: Obaid
     

    In this SUSRIS exclusive presentation, the “Saudi Perspective on the Middle East: The View from Riyadh” assessment provides: the background and context for Saudi diplomacy — assets and characteristics; economic and energy data; sources of regional instability; the “New Gulf Union”; profile of Gulf defense configurations; the Kingdom’s role in regional stabilization and its political and […]

     
  • Jadwa: Inflation Report, April 2012
     

    Year-on-year inflation dipped to 5.3 percent in April from 5.4 percent in March. Lower food price inflation was the main reason for the decline. Rental inflation picked up.

     
  • Not a Drop to Drink: The Global Water Crisis
     

    In the next twenty years, global demand for fresh water will vastly outstrip reliable supply in many parts of the world. Thanks to population growth and agricultural intensification, humanity is drawing more heavily than ever on shared river basins and underground aquifers. Meanwhile, global warming is projected to exacerbate shortages in already water-stressed regions, even […]

     
  • Petchem projects lead Saudi industrialization drive
     

    The Saudi project market continues to thrive. Latest data from Meed put the value of projects “planned or underway” at $745 billion in mid-April, around 13 percent higher than a year earlier. These figures need to be treated with some caution: The topline number is some 30 percent larger than the nominal size of the […]

     
  • Journey of a lifetime
     

    To say that I was excited to be in the presence of such history would be an understatement. I had been looking forward to this trip for months and was absolutely beside myself. My purpose was to travel with my mother to Saudi Arabia to perform the Umrah, a mini version of the annual Hajj […]

     
  • Al-Qaida’s wretched utopia and the battle for hearts and minds
     

    Driving east out of Aden, we were just a few hundred metres past the last army checkpoint when we saw the black al-Qaida flag. It flew from the top of a concrete building that had been part-demolished by shelling. From here into the interior, all signs of control by the government of Yemen disappeared. This […]

     

MUST-READS

  • Navantia Delivers 4th Avante 2200 Corvette to Saudi Arabia

    His Royal Highness Prince Khalid bin Salman bin Abdulaziz, Saudi Minister of Defense commissioned yesterday to the Royal Saudi Arabian Navy (RSNF) the fourth of the five Avante 2200 corvettes. The event  was held at the King Faisal Naval Base in Jeddah, where the ship had undergone completion of localization works of major combat systems. The ceremony was attended by H.E. General Fayyad bin Hamed Al-Ruwaili, Chief of the General Staff, and H.E. Vice Admiral Fahd bin Abdullah Al-Ghofaily, the Chief of Staff of Royal Saudi Naval Forces; as well as by the Vice Minister of Commerce of Spain, Xiana Méndez; the Chief of Spanish Navy Personnel, Admiral Gonzalo Sanz and Navantia’s Chairman, Ricardo Domínguez.

  • US to modernize secretive Saudi RE-3A surveillance aircraft

    he US State Department has made a determination approving a possible Foreign Military Sale to the Saudi Arabia of RE-3A Tactical Airborne Surveillance System (TASS) aircraft modernisation and related equipment for an estimated cost of $582m. The 4 December announcement, published by the US Defense Security Cooperation Agency (DSCA), stated that Saudi Arabia had earlier requested to purchase hardware and software modifications to modernise its fleet of RE-3A TASS aircraft. Including in its request were seven GPS/INS security systems with selective anti-proofing module, five L3Harris BlackRock communications intelligence sensor suites, KY-100M narrowband/wideband secure communications terminals, integrated signals intelligence (SIGINT) systems, among other equipment. The principal contractor will be L3 Technologies, the DSCA stated.

  • Saudi’s Red Sea Global Confirms New Giga-Project Full of Affordable Hotels

    Saudi Arabia's "Maldives of the Middle East", The Red Sea, will cost you at least $500 a night to experience. To remedy this, the developers are planning a whole new development to place their mid-market hotels.

  • Pirelli rules out Saudi sovereign fund taking stake in company – exec

    Saudi Arabia's Public Investment Fund (PIF) will not take a stake in Italy's Pirelli, the tyremaker's Executive Vice Chairman Marco Tronchetti Provera said on Tuesday. "It's what you see, there's nothing more," he said referring to Pirelli's joint venture with the Saudi sovereign wealth fund to build a tyre manufacturing facility in the Gulf country. "There isn't going to be anything else," Tronchetti Provera said when asked about a potential entry of PIF in Pirelli's shareholding.

  • Putin to Visit Saudi Arabia and U.A.E. on Wednesday

    President Vladimir V. Putin will make a rare trip to the Middle East on Wednesday, the Kremlin announced, saying he would discuss bilateral relations, oil and international affairs in Saudi Arabia and the United Arab Emirates. The trip is part of a flurry of diplomatic meetings the Russia leader will conduct this week; on Thursday in Moscow, Mr. Putin will host President Ebrahim Raisi of Iran, the leader of another key player in the region. Mr. Putin, who has not traveled beyond China, Iran and the former Soviet states since he launched the full-scale invasion of Ukraine in February 2022, will visit both the Emirates and Saudi Arabia in one day, Dmitri S. Peskov, his spokesman, told journalists during a briefing on Tuesday.

  • Palestinian media says at least 50 killed in Israeli air strike in north Gaza

    The official Palestinian news agency said at least 50 people were killed on Monday in an Israeli air strike that hit two schools sheltering displaced people in the north of the Gaza Strip. The reported attack took place as Israeli bombs also rained down on southern areas of the enclave and Israeli troops and tanks pressed a ground campaign against Hamas militants in that sector. The strike hit the Daraj neighbourhood in Gaza City, the WAFA agency said. It was not immediately possible to verify the report independently, and a spokesperson for the Israeli army said it was looking into the report.

  • US kills 5 Iran-backed militia members in drone strike in Iraq

    US forces killed at least five Iran-backed militia members in a drone strike after the US “identified an imminent attack” was likely to be launched by militia forces in Kirkuk, Iraq, on Sunday, a US official said. It wasn’t immediately clear which group the forces killed on Sunday belonged to. The number of attacks by Iran-backed proxy groups on US and coalition forces in Iraq and Syria has risen to 76 since October 17, a defense official told CNN.

  • Continuing War Casts Long Shadow Over Egypt-Gaza Border

    Egypt’s Rafah border crossing with the besieged Gaza Strip has been a site of hope and despair in the unprecedented aftermath of Hamas’ deadly October 7 attack on southern Israel.

  • Netanyahu’s Corruption Trial Resumes Amid War

    The corruption trial of Prime Minister Benjamin Netanyahu of Israel resumed on Monday, bringing back into focus the legal and political challenges he faces even as he presides over the Israeli military’s war in Gaza. Israeli courts stopped hearing non-urgent cases after Hamas launched its surprise attack from Gaza on Oct. 7, but on Friday the country’s justice minister, Yariv Levin, said that most normal court operations could resume because the suspension had expired. Mr. Netanyahu did not attend Monday’s hearing, which dealt with procedural issues, according to Israeli news media reports.

  • Kushner, Jewish business leaders huddle with Qatari PM

    Jared Kushner and Ivanka Trump organized a private meeting in New York last Wednesday with Qatar's prime minister and a bipartisan group mostly of Jewish businessmen and billionaires, three sources with direct knowledge of the meeting tell Axios. Why it matters: Qatari Prime Minister Mohammed Bin Abdulrahman Al Thani has been a key player in mediating talks between Israel and Hamas during their ongoing war — especially negotiations over the talks over on the issue of release hostages held by the terrorist group in Gaza.