SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

  • SACM Career Fair and Graduation Ceremony Begins in Washington
     

    Saudi students from around the United States are descending on the U.S. capital for a graduation ceremony and career fair organized by the Saudi Arabian Cultural Mission (SACM) on May 26-27. SACM, in coordination with the Saudi Ministry of Higher Education, will host the SACM Career Fair and Graduation Ceremony this weekend at the Gaylord […]

     
  • Global Markets Drag on TASI
     

    The TASI has dipped over the past month, primarily due to global factors. First quarter results of listed companies point to ongoing strength in the domestic economy, with profits 14.9 percent higher than in the first quarter of 2011. Nonetheless, the TASI is down by 10 percent since the end of March, mirroring falls on […]

     
  • USTR: Saudi Continues to Protect Intellectual Property Rights
     

    The Office of the U.S. Trade Representative on Monday released the 2012 Special 301 Report reviewing the intellectual property protection policies of foreign nations.  Saudi Arabia is not named on the “Watch List” again this year and has not been since a successful Out-of-Cycle Review in 2009 to resolve IP issues in cooperation with the […]

     
  • How Gulf Countries Are Splurging at Home
     

    Asa Fitch, writing in the Wall Street Journal, details the extent to which oil dollars are fueling economic growth “at home” for GCC countries: Booming oil prices are flooding Arab countries with money, but where the lion’s share of that wealth would once have been pumped into the world’s financial markets, much of it is […]

     
  • Island in the Gulf – A Film of Juraid Island
     

    One of the great joys of living in Saudi Arabia has always been the natural environment itself – the dunes, the jebals and especially the Gulf with its beaches, reefs and islands. For those lucky enough to visit Juraid Island, fifteen miles offshore from Jubail, the experience has always been unforgettable. A pristine island shaped […]

     
  • Foreign Military Sales Keep Production Lines Hot
     

    “Partnership building is part of one of the largest benefits that we see,” Hunt said. “It’s building and maintaining friendships, it’s about building allies. United States Central Command, or CENTCOM, is obviously a very busy place for the United States now. The more that we can help those countries not only defend, but operate amongst […]

     
  • SEC unveils SR452b projects
     

    The Saudi Electricity Company (SEC) has allocated SR452 billion to implement energy projects until the year 2021 according to SEC Chairman of the Board of Directors Dr. Saleh Bin Hussein Al-Awaji. These projects will provide services consistent with international standards, including building up an adequate power at a peak time about 10 percent of combined capacity. The […]

     
  • US and Saudi team up for renewable energy projects
     

    The United States and Saudi Arabia are prepared to sign a number of deals related to the establishment of investment and service projects depending on renewable energy resources, Arab News reported. US Assistant Secretary of Commerce for Manufacturing and Services, Nicole Lamb, said the US would support the Kingdom on its drive to develop clean […]

     
  • The arms spending map of the world
     

    How much do countries spend on their militaries? This data from the Stockholm International Peace research Institute shows the world in arms spending – both in dollars over time and as a percentage of GDP.

     
  • Major Banks Expanding in Saudi Arabia
     

    “We’d be crazy to limit ourselves to a handful of bankers when we can see oil prices are going to sustain the Saudi economy for the foreseeable future,” Rory Gilbert, the head of Middle East and North Africa at London-based Barclays’s wealth management unit, said in an interview this week in Dubai. “In four or […]

     

MUST-READS

  • Saudi aid chief reinforces need for collective action to reduce global food insecurity

    Abdullah Al-Rabeeah, the adviser at the Royal Court and supervisor general of the Saudi aid agency KSrelief, has reinforced the need for collective action to reduce global food insecurity and malnutrition. Al-Rabeeah was speaking at the Global Food Security Summit which was held in London and attended by British Prime Minister Rishi Sunak; British Foreign Secretary David Cameron; Somalia’s President Hassan Sheikh Mohamud; and a number of ministers from several countries, and representatives from the UN leadership, regional and international bodies, civil society, and relevant stakeholders.

  • Seven announces new Transformers Axis coaster for Saudi Arabia

    Seven, a subsidiary of Saudi’s Public Investment Fund (PIF), is opening the new coaster at three of its 21 entertainment destinations as part of the world’s first Transformers-themed indoor entertainment centres. These are in Riyadh, Dammam and Jeddah. According to Seven, the attraction will offer a thrilling and unrivalled experience, reaching speeds of up to 55 km/h. Developed by amusement ride and coaster company S&S Worldwide, it will be the world’s first Axis coaster.

  • Savvy Games has $38 billion to build a Saudi gaming sector. Here’s how they plan to do it

    I have always thought that Savvy Games Group is an unusual company, and my interview with CEO Brian Ward confirmed that hunch. Most companies have a simple objective: Make enough money to keep shareholders happy. But Savvy isn’t like most companies. Owned by Saudi Arabia’s Public Investment Fund (PIF), it has been tasked with transforming the Kingdom into a global gaming hub, and it has $38 billion to make it happen. That’s a tall order for a two-year-old company.

  • Newcastle get green light to loan players from Saudi Pro League – media

     Newcastle United will be allowed to loan players from sides controlled by their Saudi owners in the January transfer window after a vote on a temporary ban on related-party loans did not get enough support from Premier League clubs, British media reported on Tuesday.

    Thirteen Premier League clubs voted in favour of the temporary ban on loan moves between teams under the same ownership at a shareholders' meeting on Tuesday, the BBC reported, falling one vote short of the number needed for it to be introduced.

  • Messi vs. Ronaldo rivalry could be rekindled in Saudi Arabia tournament

    Organizers of the Riyadh Season Cup said Tuesday that Messi’s Inter Miami is expected to play in the three-team event. Miami called the announcement “inaccurate” and said it had been determining its preseason schedule. But the prospect of Messi vs. Ronaldo was already being pushed in Saudi Arabia.

  • The Evolution of Entertainment in Saudi Arabia

    When I curiously asked some of my Saudi friends about their fondest memories growing up across the Kingdom, many of them mentioned ‘Kashtah’ – a family picnic in the desert. “We used to go a day earlier to scout the best location in the desert for our family to drive to the next day – a space away from the city lights and animals and close to a water source. It used to be the most awaited overnight gathering of the year when the weather was not too cold or too hot.” These days it’s common for Saudi families even during weekdays to pitch a mini tent right next to their cars off the roads, hang cute fairy lights and bring out their coffee and tea pots to have a little chill time.

  • Saudi Arabia’s landmark new Civil Transactions Law

    Articles 461 to 478 of the CTL now contain detailed provisions dealing with contractors and employers’ obligations, subcontracting and termination of construction contracts. Other key principles included elsewhere in the CTL will also be relevant to construction contracts and claims.

  • Beyond the bottom line: How PIF is finding value in operational efficiency

    “If you go back 20-plus years in the private equity arena, value is mainly driven by financial leverage. I buy it at a multiple of X and sell it at a multiple of Y,” says Raid Ismail, Head of Direct Investments for the Middle East and North Africa at PIF. “Fast forward to where we are today, and value creation is driven by operational enhancements – improving systems and processes and culture.”

  • Biden welcomes deal to free hostages from Hamas

    Biden thanked Qatari Sheikh Tamim bin Hamad Al-Thani and Egyptian President Abdel-Fattah El-Sisi “for their critical leadership and partnership in reaching this deal,” as well as Israeli Prime Minister Benjamin Netanyahu and the Israeli government “for supporting an extended pause to ensure this deal can be fully carried out and to ensure the provision of additional humanitarian assistance to alleviate the suffering of innocent Palestinian families in Gaza.”

  • Israel, Hamas agree four-day truce, 50 hostages to go free

     Israel and Hamas agreed on Wednesday to a ceasefire in Gaza for at least four days, to let in aid and release at least 50 hostages captured by militants in exchange for at least 150 Palestinians jailed in Israel.

    The first truce in a brutal near seven-week-old war, reached after mediation by Qatar, was hailed around the world as a sign of progress that could ease the suffering of Gaza's civilians and bring more Israeli hostages home. Israel said the ceasefire could be extended further, as long as more hostages were freed.