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Recent stories from sustg

  • 10 Saudi women take fight against breast cancer to Mount Everest
     

    Princess Reema bint Bandar bin Sultan and the Zahra Breast Cancer Association launched a campaign on Tuesday where 10 Saudi women will climb to the Mount Everest base camp in May. The 10 climbers include Jude Al-Aitani, Asma Al-Sharif, Mashael Alhegelan, Mona Shahab, Noura Bouzo, Raha Al-Moharrak, Lina Almaeena, Samaher Mously, Hatun Madani, Alya Al-Sa’ad, […]

     
  • Saudi Arabia Jeddah Weddings
     

    I was approached, a couple of months ago by a media company, about the wedding video I made for my cousin’s wedding. The company makes documentaries and would like to make a documentary about modern day Saudi couples in Jeddah getting married. They were, in my opinion, too optimistic, but then again I am a […]

     
  • Saudi Market Opens Up, but Gradually
     

    Regulators of the Saudi stock exchange, Tadawul, the largest in the Arab world, are fine-tuning the draft of a law on Qualified Foreign Investors in the hope of attracting institutional fund managers to buy shares directly in the $400 billion market. The market, which is equal in size to the combined value of the stock […]

     
  • Opportunities in Water Production
     

    Saudi Arabia will increase by almost double its desalinated water production over the next three years according to the governor of the Saline Water Conversion Corporation (SWCC) who said the daily water production will rise from the current 3.3 million cubic meters to about 6 million. SWCC’s HR General Manager, Abdul Latif Al-Harkan, was a […]

     
  • Saudi Aramco Rethinks Global Communications Strategy
     

    Saudi Aramco, the world’s largest oil company, is rethinking its global communications strategy as it undertakes an ambitious corporate transformation. The company is understood to be actively seeking public relations agency support across a wide range of areas, including media relations, internal communications, and event management. The review covers Saudi Aramco’s operations in the Gulf, North […]

     
  • Top-10 ranking in sight for Tadawul
     

    Saudi Arabia’s stock exchange is expected to quickly rank among the world’s 10 most active markets if it opens up to international investors.

     
  • American Public Opposes Israel Striking Iran
     

    A new poll finds that only one in four Americans favors Israel conducting a military strike against Iran’s nuclear program. Seven in ten (69%) favor the US and other major powers continuing to pursue negotiations with Iran, a position that is supported by majorities of Republicans (58%), Democrats (79%) and Independents (67%).

     
  • 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 […]

     

MUST-READS

  • Saudi Arabia records highest daily COVID-19 cases in months

    Saudi Arabia on Monday reported 967 new cases of COVID-19 to bring its total number of confirmed infections to 772,269, making it the highest number of daily cases reported in months. The Ministry of Health reported 997 cases on Feb. 19, 2022. Ministry figures showed that the highest number of Monday’s cases were recorded in Riyadh with 317, followed by Jeddah with 164, Dammam with 93, Makkah with 43, Madinah with 27, Taif and Dhahran with 26 each, and Abha with 24 cases.

  • Saudi Wealth Fund’s $3 Billion Jordan Unit Aims to Ramp Up Deals

    The Saudi Jordanian Investment Fund, controlled by Saudi Arabia’s sovereign wealth fund, is backing the development of a $400 million hospital in Amman as it looks to ramp up spending over the next few years. The fund, which has committed capital of $3 billion, will be the only equity investor in a new 300-bed hospital in Jordan in a partnership with California’s UCLA Health and University College London’s medical school. The investment is expected to create more than 5,000 jobs and will be the first of several deals announced by the fund over the next year, chief executive officer Omar Alwir said in an interview.

  • Syria army should use air defences against Turkish invasion, U.S.-backed force says

    The U.S.-backed Syrian Democratic Forces would coordinate with Syrian government troops to fend off any Turkish invasion of the north, the SDF commander told Reuters on Sunday, saying Damascus should use its air defence systems against Turkish planes. Ankara has vowed a new offensive on swathes of northern Syria controlled by the SDF, a Kurdish-led alliance that is spearheaded by the Kurdish People's Protection Units (YPG).

  • Biden to waive tariffs for 24 months on solar panels hit by probe

    Biden's action would allay companies' concerns about having to hold billions of dollars in reserves to pay potential tariffs, one source familiar with the White House's plans said. "There is going to be this safe harbor timeout on the ... collection of duties, and that's at the heart of what's going to save all of these solar projects and ensure that they are going forward," the source said.

  • Saudi Aramco raises July OSPs for Asia, Europe while holding US prices

    Saudi Aramco raised all of its official selling prices across Asia, Europe and the Mediterranean for July-loading cargoes and kept US differentials unchanged, with Asia-bound barrels seeing the largest increases of between $1.80/b and $2.75/b, according to a pricing document released June 5.

  • Saudi Space Agency Training Program Ready For Liftoff

    SSC Chairman Abdullah Al-Swaha recently held talks with heads of US space companies on the exchange of expertise and technologies, as well as enhancing joint capabilities in the sector. The meetings focused on bilateral cooperation in spacecraft launch services, building partnerships to contribute to the growth of the space tourism sector, and developing the sector’s role in achieving the goals of the Kingdom’s Vision 2030.

  • In interview, Blinken speaks of nuanced relationship with Saudi Arabia, US goals in Ukraine

    Blinken described ties with the Arab kingdom as having to be “recalibrated” after the administration took office, making sure that the relationship “was serving our own interests, as well as our values,” while being able to work together for common interests.

  • Israel, Saudi Arabia make deal for security arrangements in Straits

    Israel is set to agree to new security arrangements allowing Egypt to transfer control of two islands in the Straits of Tiran to Saudi Arabia, US President Joe Biden is expected to announce on his trip to the region at the end of the month. There is currently a multinational force on the islands of Tiran and Sanafir, which Saudi Arabia does not want there once they control the islands. Under a soon-to-be-announced deal, Israel will agree to have the forces stationed on what will remain Egyptian soil, several kilometers away.

  • Israel, Saudi Arabia make deal for security arrangements in Straits

    Israel is set to agree to new security arrangements allowing Egypt to transfer control of two islands in the Straits of Tiran to Saudi Arabia, US President Joe Biden is expected to announce on his trip to the region at the end of the month. There is currently a multinational force on the islands of Tiran and Sanafir, which Saudi Arabia does not want there once they control the islands. Under a soon-to-be-announced deal, Israel will agree to have the forces stationed on what will remain Egyptian soil, several kilometers away.

  • Emirates ranked as region’s most valuable airline brand and world’s fourth

    Global airlines are starting to rebound from a two-year slump in air travel during the worst of the Covid-19 pandemic as border restrictions ease around the world. But staff shortages at airlines and airports are causing severe disruption at some major centres with cancelled flights and long queues at security. Stepping up operations and rehiring staff fast enough to meet recovering demand is the latest challenge for the aviation industry.