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Saudi Women Tackle Everest to Advance Breast Cancer Awareness
- May 19,2012
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- SUSTG Team
To the ten Saudi women attempting a punishing ascent to a major milestone on the world’s highest peak, the dangers of reaching the Mount Everest base camp are no match for their cause. As a part of an ever-growing effort in Saudi Arabia, the campaign, “A Woman’s Journey: Destination Mount Everest,” intends to raise awareness […]
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Statement on the Temporary Ban on Beef Imports from the U.S. to Saudi
- May 18,2012
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- Lucien Zeigler
The Saudi Food & Drug Authority has issued a temporary ban on beef imported to Saudi Arabia from the United States. On May 2, 2012, the Saudi FDA issued decision 33/90 preventing the import of all beef products from the U.S. due to a confirmed case of BSE, bovine spongiform encephalopathy.
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The Surprising $100 Billion Solar Investment
- May 16,2012
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- SUSTG Team
If you thought Germany and California were aggressively trying to add solar power to the grid, the oil state of Saudi Arabia is giving both of them a run for their money with recent plans to enter the solar market. The country is looking for investors in a $109 billion plan to build 41 GW […]
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Effat University on the Forefront of Change in Saudi Arabia
- May 16,2012
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- SUSTG Team
I was also impressed to see Effat graduating a quarter of its students from its College of Engineering, which it established in partnership with Duke University’s Pratt School of Engineering. When I first visited Effat seven years ago, it was still in the early stages of establishing engineering as a degree, a first for women […]
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Saudi Arabia’s First Female Director Brings ‘Wadjda’ to Cannes
- May 15,2012
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- SUSTG Team
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 […]
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Global Markets Drag on TASI
- May 15,2012
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- SUSTG Team
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 […]
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Baseball and Saudi Economic Policy
- May 15,2012
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- Richard Wilson
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.
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Opening the TASI: What You Need to Know
- May 15,2012
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- Hussein Abusaaq
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 […]
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Seven years of prosperity and development
- May 14,2012
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- SUSTG Team
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 […]
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Saudi Perspective on the Middle East: Obaid
- May 14,2012
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- SUSTG Team
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 […]
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MUST-READS
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SAMA Completes Connectivity to Social Development Bank through “Tanfeeth” Program
The Saudi Central Bank (SAMA) announced the completion of connectivity to the Social Development Bank via "Tanfeeth" program. The underlying objective is to optimize system connectivity and integration between Saudi government entities and banks operating in the Kingdom of Saudi Arabia, with a view to promoting automation of processes and efficiency of work flows to help realize Saudi Vision 2030 objectives.
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Saudi Arabia’s Aramco names presidents for upstream and downstream businesses
Saudi Arabian oil giant (2222.SE) Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments, which have been approved by the board, will be effective from July 1, the state oil company said. "We expect this decision to help drive operational and financial performance, supporting our upstream capacity growth and our downstream expansion," Aramco President and Chief Executive Officer Amin Nasser said in a statement.
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Saudi Arabia banks on Arab League summit to test foreign policy realignment
Senior officials from across the Arab world have been trickling into the coastal city of Jeddah ahead of a much anticipated summit of Arab League leaders on Friday, which is expected to include Syrian President Bashar Al Assad. Over the past weeks and months, Saudi Arabia has become more active once again on the foreign stage as it prepares for its year-long Arab League presidency. The kingdom has in that period realigned many of its foreign policy agendas.
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Saudi Arabia banks on Arab League summit to test foreign policy realignment
Senior officials from across the Arab world have been trickling into the coastal city of Jeddah ahead of a much anticipated summit of Arab League leaders on Friday, which is expected to include Syrian President Bashar Al Assad. Over the past weeks and months, Saudi Arabia has become more active once again on the foreign stage as it prepares for its year-long Arab League presidency. The kingdom has in that period realigned many of its foreign policy agendas.
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Saudi Arabia assumes Arab Summit Presidency
The Arab foreign ministers began on Wednesday their preparatory meeting ahead of Friday's 32nd Arab Summit in Jeddah. The President of the 31st Arab Summit and Foreign Minister of Algeria Ahmad Atef delivered a speech to the meeting, which stressed the importance of banding together to face regional and international challenges.
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Saudi Arabia’s Jeddah readies itself to welcome Arab League summit delegates
They have been applying the finishing touches in Jeddah to ensure the high-level delegations invited to the upcoming Arab League summit on Friday receive the warmest of welcomes. The flags of all countries attending can be seen across the city and even more tress have been planted as part of Saudi Arabia’s green drive. One of the most notable views at this year’s summit is that of the Syrian national flag fluttering among the flags of other countries.
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Katie Holmes To Mentor Saudi Female Filmmakers
Under the filmmaking mentoring program, Holmes will team up with Film AlUla to identify three emerging female Saudi filmmakers, who she will then mentor throughout the year. The mentorship will kick off with a location scouting trip to AlUla to develop and structure a short film concept. The winning concept will be announced later this year and is slated for production in Q1 2024 in AlUla.
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In Iran, what women wear has long been both personal and political
The continuing crackdown coincides with a record number of executions in Iran, many for unrelated matters such as drug offenses. The high number of executions is meant to be a deterrent, a fear factor, like the recent execution of two people convicted of apostasy
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Saudi Arabia Doubles-Down on Investment in Electronic Arts
Saudi Arabia’s sovereign wealth fund has increased its stake in Electronic Arts, building upon its massive $38 billion already invested in the video game industry. The Kingdom’s Public Investment Fund has increased its shares in Electronic Arts by 55%, going from owning 16.01 million shares to now 24.81 million shares, according to a financial filing observed by Seeking Alpha. EA’s sports titles include Madden NFL, EA Sports PGA Tour, NHL, F1, and FIFA—though future installments of the popular soccer series will be branded as EA Sports FC after EA and FIFA failed to agree to a new licensing agreement.
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Saudi experts discover and document 58 archaeological sites at Kingdom’s royal reserves
Saudi Arabia’s Imam Abdulaziz bin Mohammed Royal Reserve Development Authority has completed a research and documentation project designed to help protect and restore historical and archaeological sites and develop the Kingdom’s heritage, the Saudi Press Agency reported on Tuesday. During the month-long project at King Khalid Royal Reserve and parts of Imam Abdulaziz bin Mohammed Royal Reserve, 58 historical and archaeological sites were discovered and documented.
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