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  • What’s the foreign policy agenda for the next four years?
     

    Is it too early to talk about the foreign policy and national security agenda that will face the next president? No matter who wins on November 6, the feature that is going to dominate U.S. national security planning over the next four years is constraint. Even if we avoid going off the sequestration cliff, there […]

     
  • A Conversation with Prince Turki Al-Faisal
     

    Few can be said to have been more influential in forging cooperation and building bridges in the relationship than Prince Turki Al-Faisal. He is currently Chairman of the King Faisal Center for Research and Islamic Studies and is one of the founders of the King Faisal Foundation, the namesake of which was his father. His […]

     
  • Saudi Arabia: Rising steel demand
     

    Steel producers in Saudi Arabia are set for a busy few years, with growth in the industry driven by rising demand due to state-backed investments and increasing activity in the private sector. However, even with additional capacity, the sector is working to bridge the supply gap. The Kingdom is already the largest steel producer in […]

     
  • Roads of Arabia at the Smithsonian’s Sackler in Washington
     

    In archaeology, Saudi Arabia has been something of a slow starter, but a Washington exhibition of more than 200 statues, funerary objects and other relics shows that the study of the region’s past has come of age. Saudi archaeology “really goes back only 40 years,” says Massumeh Farhad, chief curator and curator of Islamic art […]

     
  • Major natural gas find by Saudis. A shift ahead?
     

    Saudi Arabia has announced that they made a major new find in natural gas in the Red Sea. The Saudis are already ranked 5th in the world for their reserves of natural gas, but they are only ranked 9th in terms of production of the commodity. They account for about 3 percent of world natural gas production. Compared […]

     
  • Anne Habiby: Entrepreneurship and Job Creation in the Arab World
     

    In addition to featured speakers such as President Bill Clinton and Mr. Abdullah Alireza  the recent C3 Summit in New York City presented a number of compelling panel discussions addressing commercial and trade issues related to doing business in the MENA region. SUSTG has featured the remarks at this event of Abdullah Alireza (Global Economic […]

     
  • Saudi best in MidEast for doing business
     

    Saudi Arabia is the best country in the Middle East for doing business, according to a new study published by the World Bank. The Gulf kingdom, the world’s largest oil producer, was ranked 22nd globally in the ‘Doing Business 2013’ report, ahead of neighbour the UAE which placed 26th. Elsewhere in the GCC, Qatar came […]

     
  • The Saudi Economy: Still Shining
     

    A recently released October 2012 economic report by Jadwa Investment finds that a recent flow of data has been generally stronger than expected, and as a result of high oil production (which elevates the hydrocarbon sector growth to 6.1 percent for the year) Jadwa raises its projections for Saudi Arabia’s budget and current account surpluses. […]

     
  • Energy policy: What we need to talk about
     

    For starters, the United States is already over 80 percent (up from 70 percent a decade ago) self sufficient when it comes to energy production and use. We are routinely described as the Saudi Arabia of coal, and have the largest nuclear fleet in the world. We are the world’s largest natural gas producer and […]

     
  • Randa Hudome: How do I get my business over to the Middle East?
     

    In addition to featured speakers such as President Bill Clinton and Mr. Abdullah Alireza the recent C3 Summit in New York City presented a number of compelling panel discussions addressing commercial and trade issues related to doing business in the MENA region.

     

MUST-READS

  • UK government removes visit visa requirements for GCC and Jordan citizens

    Instead, these individuals will have the option to obtain an Electronic Travel Authorisation that will be valid for two years, and the cost for this will be only £10 ($12). This change will align the entry requirements for Gulf travellers and Jordanians with those of US and Australian citizens.

  • How the PGA Tour, LIV Golf shockingly came together to change pro golf

    Tuesday was unlike any other in golf history. In a snap, without warning, the entire professional sport changed both structurally and fundamentally. The PGA Tour is partnering with an entity it once stood in proud contrast to. The PIF (and with it, the Saudi Arabian government) is investing in the PGA Tour, pumping multiple billions of dollars into the tour’s coffers, and forming a new partnership with the PGA Tour and the DP World Tour, a partnership that will end golf’s multi-year turf war.

  • PGA’s Jay Monahan and PIF’s Yasir Al Rumayyan break down surprise deal to merge PGA and LIV: Video

    CNBC’s David Faber sits down with PGA Tour Commissioner Jay Monahan and Yasir Al Rumayyan, governor of the Saudi Public Investment Fund (PIF), to break down how two golfing entities come in agreement to merge, to form a new, yet-to-be-named for-profit company.

  • Saudi mega-city project NEOM secures $5.6 bln for workforce housing

    The agreement will see an additional 10 communities established across NEOM, adding capacity for 95,000 more occupants once the first phase of the project is completed, NEOM said. The temporary accommodation, needed during the construction period, can be repurposed once it is no longer needed, it added.

  • PGA TOUR, DP World Tour and PIF announce newly formed commercial entity to unify golf

    “After two years of disruption and distraction, this is a historic day for the game we all know and love,” said PGA TOUR Commissioner Jay Monahan. “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV – including the team golf concept – to create an organization that will benefit golf’s players, commercial and charitable partners and fans. Going forward, fans can be confident that we will, collectively, deliver on the promise we’ve always made – to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future.

  • PGA TOUR, DP World Tour and PIF announce newly formed commercial entity to unify golf

    “After two years of disruption and distraction, this is a historic day for the game we all know and love,” said PGA TOUR Commissioner Jay Monahan. “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV – including the team golf concept – to create an organization that will benefit golf’s players, commercial and charitable partners and fans. Going forward, fans can be confident that we will, collectively, deliver on the promise we’ve always made – to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future.

  • Commentary: Gulf support for Turkey’s Erdogan is about more than economics

    At a time when the UAE and Saudi Arabia adopt positions at odds with the policies of the United States, the region’s security guarantor, they may see Mr. Erdogan as an increasingly important partner irrespective of whether the Gulf states’ moves constitute a genuine policy shift or merely a pressure tactic to persuade the US to be more attentive to their concerns.

  • Saudi Pro League football targets: Luke Modric, Hugo Lloris approached to join Lionel Messi, Cristiano Ronaldo

    “Beside receiving quite lucrative offers they will play in a very competitive league,” the source said, adding that the Saudis aimed to “seal most of the deals” before the new season starts on August 11. Such a wishlist would have seemed unthinkable before the Saudis pulled off the signing of Ronaldo, 37, in January on a two-and-a-half-year deal said to be worth more than 400 million euros.

  • Ronaldo, Benzema, Messi and more? The overhaul of Saudi football – explained

    PIF will take control of the four largest teams in the Saudi Pro League — Al Nassr, Al Hilal, Al Ittihad, and Al Ahli. These deals will be completed in time for the start of the 2023-24 season in August. The fund will hold a 75 per cent stake in these four teams, with the other 25 per cent controlled by a non-profit organisation. The board of those clubs, according to the ministry of sport, will be made up of seven members, five of which will be appointed by PIF and the other two by the non-profit.

  • Ronaldo, Benzema, Messi and more? The overhaul of Saudi football – explained

    “The timing of the project is a further boost to the existing momentum and major uptake of sport in Saudi Arabia,” comes the official explanation. “More Saudis, young and old, boys and girls, (are) playing more sport than ever before as part of more active and healthy lifestyles. Mass participation in sport has increased from 13 per cent in 2015 to close to 50 per cent in 2022 and the number of sports federations has increased from 32 in 2015 to over 95 in 2022, demonstrating the investment potential.”