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Recent stories from sustg
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Saudi Arabia Ghazal Defies Camels as SUV for Desert Market
- July 16,2012
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- Lucien Zeigler
Saudi Arabia is venturing into a territory normally reserved for automakers. The kingdom is developing the Ghazal, a sport-utility vehicle for the hazards of the desert, to diversify its economy beyond oil. The SUV, built by King Saud University in Riyadh, is an all-wheel drive vehicle with a rugged carbon-fiber frame aimed at taking on […]
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Sarah Attar Is a Saudi Trailblazer, By Way of the U.S.
- July 14,2012
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- Lucien Zeigler
One of the first women to compete for Saudi Arabia at the Olympics was born and raised in California. The athletes are Wodjan Ali Seraj Abdulrahim Shahrkhani, who competes in judo, and Sarah Attar, a 19-year-old junior at Pepperdine University and a graduate of Escondido High School in California. Attar, who trains in San Diego, […]
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Living Social
- July 13,2012
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- SUSTG Team
In their pursuit to be where the young consumers are, brands have long identified social media as a crucial place to establish a presence. Where else will you find huge numbers of youngsters highly active and engaged? Results from market research company TNS indicate that 68 percent of MENA youth spend 12 hours per week […]
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Saudi Arabia to Send Olympic Women Athletes for First Time
- July 12,2012
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- Lucien Zeigler
Saudi Arabia will send female athletes to the Olympic Games for the first time, the International Olympic Committee said, ending a ban by the kingdom where women aren’t allowed to drive. Wodjan Ali Seraj Abdulrahim Shahrkhani will compete in judo at the London Games and Sarah Attar will run the 800 meters. The athletes, who […]
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Saudi Arabia Weighs Annual Budget to Boost Clean Energy
- July 12,2012
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- SUSTG Team
An annual budget for renewables would differ from the feed- in tariffs that Germany, Spain, Italy, France and Britain offered to spur solar and wind power in their nations. Germany was first to introduce the feed-in tariff in 2004 and became the world’s biggest market for solar because of the subsidy, which is paid for […]
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Saudi Arabia wins oil battle against Iran
- July 12,2012
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- SUSTG Team
It seems that the first round in the series of the ferocious battles between Iran and Saudi Arabia, the two giant oil-exporting countries, was settled in favor of the latter. The Kingdom continued to produce oil regardless of the Iranian threats warning the Kingdom against filling the shortage in oil supplies that might result from […]
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Showing Pragmatism, Egypt’s Morsi Looks to Saudi
- July 11,2012
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- SUSTG Team
The first official foreign visit of any newly elected president represents a significant symbolic statement. Knowing this, new leaders choose their first visit very carefully, often selecting a country that is either a major strategic ally or an important trade partner. Nonetheless, the Egyptian government’s announcement that President Mohammed Morsi’s first foreign visit will take […]
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Underground in Arabia
- July 11,2012
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- SUSTG Team
Born and raised in Dhahran, I thought I had seen most of the natural wonders of the Eastern kingdom from the towering dunes of the Rub’ Al Khali to the pristine reefs of the Gulf, so it was a true surprise to read the manuscript for John Pint’s Underground in Arabia. I had visited the […]
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Saudi Aramco to invest in new energy ventures
- July 9,2012
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- Lucien Zeigler
Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. Saudi Aramco Energy Ventures LLC (SAEV) plans to invest in start-up and high-growth ventures offering new technologies to the upstream and downstream […]
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Al Jubayl Saudi Arabia As Seen From Orbit at Night
- July 9,2012
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- SUSTG Team
The city of Al Jubayl (or Jubail) is located on the coast of Saudi Arabia, along the Persian Gulf. The city has a history extending back more than 7,000 years, but since 1975 it has been associated with the petrochemical, fertilizer, and steel industries. At night, these industrial areas form a brightly lit region (image […]
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MUST-READS
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Commercial Regulation2 partners can now establish joint stock company
In a major boost for the small and medium enterprises sector, the Council of Ministers on Monday approved the new law of companies under which two partners can establish a joint stock company instead of a minimum five partners.
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BoeingBoeing says ‘difficult to predict’ when Iran can start sales talk
Boeing cannot engage in any commercial talks with Iran until the sanctions are lifted and the July agreement still needs to be ratified by the US Congress.
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AfghanistanTaliban have started killing each other over succession, Afghan official says
Taliban insurgents loyal to rival leaders have been fighting in a southeastern province of Afghanistan, where about 50 men on both sides have been killed in two days, an Afghan official said Sunday.
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GCC Military CapabilityCarter: Gulf Allies Need Better Special Operators, Ground Forces More Than ‘Fancy’ Jets
‘Guys, you come and complain to us but you’re not in the game. You have to get in the game. This stuff that you want”—advanced aircraft, mainly—“doesn’t do you any good when the Houthis are overrunning Yemen.’”
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Middle East AirlinesMiddle East Carriers Start to Look Locally Too
As an indication of momentum in Middle Eastern development, Boeing cites the region alongside the Far East as an emerging market. “In 1994, airlines in Europe or North America carried more than 73 percent of all traffic. By 2034, that share will shrink to 38 percent, with Asia/Pacific and Middle East airlines becoming prominent in global aviation,” predicts Boeing.
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Financial MarketsSaudi Pressure Points Shown in Four Charts After S&P Rating Cut
The pressure is building in Saudi Arabian markets.
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Venture CapitalMiddle East technology start-up fund raises $30m
MEVF II is a venture capital fund that invests in the region’s early stage technology and mobile businesses and is MEVP’s fourth venture capital fund, increasing its total assets under management to $120 million, a statement said.
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Information SecurityGartner Says Middle East & North Africa Information Security Spending to Reach US$1.1 Billion in 2015
Middle East and North Africa (MENA) spending on information security technology and services is on pace to reach US$1.1 billion in 2015, an increase of 3.3 percent over 2014, according to Gartner, Inc.
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Energy and Fiscal PolicySaudi Arabia may cut energy subsidies and start to wean its citizens off ultra-cheap gasoline
Saudi Arabia is reportedly contemplating a cut in subsidies for gasoline and other fuel, a move that could entail political risk in a nation where pampered citizens are accustomed to lavish social perks.
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TurkeyTurkey’s plan to ignore daylight saving time has been foiled by smartphones
Today, Oct. 26, many people in Turkey with the latest Apple, Android, and Windows devices woke up with their clocks an hour slower than the government’s.
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