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The Secret History of America’s Thirty-Year Conflict with Iran
- August 8,2012
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- SUSTG Team
A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms are remarkable given their source: David Crist, author […]
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Graph of the Day – Saudi Oil Production Since 2008
- August 6,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Chartbook for the month of August 2012 found that the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.
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Saudi students to establish Islamic center at Murray State University
- August 4,2012
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- Lucien Zeigler
Saudi students at Murray State University in Kentucky have received a license to establish an Islamic center where they can organize cultural and social programs along with observing religious rites. Saudi students had been performing their prayers and Iftar in a rented building in which other Arab and Muslim students participated. The city’s mayor and […]
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Jadwa Saudi Chartbook: Inflation at 10 Month Low
- August 3,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]
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Obama authorizes secret U.S. support for Syrian rebels
- August 2,2012
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- Lucien Zeigler
President Barack Obama has signed a secret order authorizing U.S. support for rebels seeking to depose Syrian President Bashar al-Assad and his government, U.S. sources familiar with the matter said. Obama’s order, approved earlier this year and known as an intelligence “finding,” broadly permits the CIA and other U.S. agencies to provide support that could […]
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Jadwa Saudi Chartbook for August 2012: Banking Indicators
- August 1,2012
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- Lucien Zeigler
Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of banking indicators in Saudi Arabia, Jadwa found that “bank lending to the private sector jumped in June. Monthly growth was the highest since August 2009. In year-on-year terms it was at its peak since […]
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‘There is a large infrastructure boom happening in Saudi Arabia’
- July 31,2012
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- Lucien Zeigler
Saudi Arabia is spending more than $60 billion on a logistics hub, airport improvement and roads to reduce travel time in the Arab world’s biggest economy. The investments also yielded the largest sukuk, or Islamic bond, offered in the Middle East this year and an initial public offering on the stock exchange in June. “There […]
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Wealth Management in the Middle East: Boon or Bust?
- July 31,2012
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- Lucien Zeigler
Middle Eastern policymakers and bankers will develop an indigenous wealth management industry which keeps the super-wealthy’s investments at home. Developing a local national wealth management industry requires letting in foreign competition, changing banking and securities laws, and growing local companies whose shares are worth buying. The first part of the article reviews trends in wealth […]
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Saudi Students Flood In as U.S. Reopens Door
- July 28,2012
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- Lucien Zeigler
The more than 300 graduates gathered at a hotel overlooking the Potomac River were all from Saudi Arabia, part of a massive government-paid foreign study program to earn bachelor’s, master’s and doctorate degrees and return home to help run their country. “You are the best of the best, and the future of our country,” Saudi […]
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Saudi consumer electronics market surges
- July 26,2012
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- SUSTG Team
Saudi Arabia’s consumer electronics devices market, defined as the addressable market for computing devices, mobile handsets and video, audio and gaming products is projected at $6.4 billion in 2012, Business Monitor International said in “Saudi Arabia Consumer Electronics Report Q2 2012″report. This is expected to increase to $8.2 billion by 2016, driven by the growing […]
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MUST-READS
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PetrochemicalsSaudi’s Sadara starts operations at Jubail polyethylene plant
The plant is designed to produce 375,000 metric tons per year of products used in specialty applications, such as the manufacture of food-grade plastics, industrial and consumer packaging and health and hygiene films, it said in a bourse statement.
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Arms SalesThe ISIS Fight Is Reshaping US Arms Exports to Its Partners
By raw value, the $45.8 billion in U.S. arms sales approved in the past 16 months for countries battling the Islamic State and other militants is just a bit more than the $43 billion approved for the same countries over the same duration before coalition airstrikes began. But the kinds of weapons going to those countries — Iraq, Saudi Arabia, and others — have shifted dramatically.
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International StudentsExplore International Student Trends in 3 Charts
U.S. News took a dive into this year's data, which show that nearly 1 million students enrolled in U.S. universities during the 2014-2015 academic year. The overall total increased 10 percent over the previous year.
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Gulf MilitariesCarter Hits Gulf Allies for Prioritizing Air, Not Ground, Forces
"They frequently complain to me, for example, about how capable the Iranians are, to which I say 'yes, and you're not in the same game, an effective game on the ground,'" he said.
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EU SecurityFailure to stop Paris attacks reveals fatal flaws at heart of European security
To carry out the attacks that left 130 people dead in Paris this month, the killers relied on a cunning awareness of the weaknesses at the heart of the European security services charged with stopping them.
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Terror WarningState Department terror warning casts shadow over Thanksgiving travel
AAA, formerly known as the American Automobile Association, predicts that 46.9 million Americans will travel more than 50 miles from home this holiday, the largest number since 2007.
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Stock MarketSaudi may test chart barrier, most markets to consolidate
Saudi Arabia's stock market may test technical resistance on Wednesday but most Middle Eastern bourses look set to consolidate in the absence of positive corporate news, and because of caution over Turkey-Russia tensions.
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Death PenaltySaudi Artist’s Death Sentence Follows a String of Harsh Punishments
For years, Ashraf Fayadh, an artist and poet, has served as an unofficial ambassador for Saudi Arabia’s small contemporary art scene, organizing shows and working to introduce Saudi art to the world.
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Stock MarketSaudi bounces further from chart support; Egypt edges up
Saudi Arabia's stock market bounced further from a technical support level on Sunday but other Gulf bourses were little changed. Egypt's market edged up.
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Anti-ISIS CampaignCarter ‘Prepared’ To Change Rules of Engagement Against ISIS
Speaking on the MSNBC program "Morning Joe," Carter was asked directly if the Pentagon was willing to change the rules of engagement, a touchy subject for supporters and critics of the Obama administration's air campaign in Syria and Iraq.
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