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Saudi Mortgage Law: Key Details Still to be Determined
- September 7,2012
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- Hussein Abusaaq
Saudi Arabia faces housing challenges caused by rapid population growth and an inflow of expatriate workers to the kingdom.
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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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Wider world opened to Saudis studying abroad
- June 6,2012
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- Lucien Zeigler
Wearing the black face-covering veil favoured by Saudi women, Maha Mazyad looked through leaflets for prospective jobs with some of the Islamic kingdom’s largest companies at a recent career fair in Riyadh. A few years ago she would have worried about the disapproving reaction of friends and parents to the notion of a young woman […]
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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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Gulf united on Russia-Ukraine war, says Saudi foreign minister
“Our stance as Gulf countries regarding the Russian-Ukrainian crisis is unified,” he said on Wednesday during a speech at the opening of the 152nd session of the Ministerial Council of the Gulf Cooperation Council. “Today we had two fruitful meetings with the Russian and Ukrainian ministers, during which we stated our unified stance regarding the Russian-Ukrainian crisis and its negative consequences, namely the food security of the affected countries and the world.” Closer to home, he added, regional security and concerns about the activities of Iran are important unifying factors.
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Saudi Arabia Offers To Mediate Russian-Ukrainian Crisis
Russia’s Foreign Minister Sergey Lavrov will participate in the regular meeting of the foreign ministers of the Gulf Cooperation Council countries on Wednesday at the headquarters of the GCC Secretariat in Riyadh, where he will hold strategic dialogues with countries and global blocs, and discuss the latest regional and international developments.
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Saudi Arabia Offers To Mediate Russian-Ukrainian Crisis
Russia’s Foreign Minister Sergey Lavrov will participate in the regular meeting of the foreign ministers of the Gulf Cooperation Council countries on Wednesday at the headquarters of the GCC Secretariat in Riyadh, where he will hold strategic dialogues with countries and global blocs, and discuss the latest regional and international developments.
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Commentary: Conflict In Ukraine – How Long Can The Middle East Walk A Tightrope?
However, in the final analysis, Middle Eastern states realize that the United States, in the words of former White House director for the Gulf, Kirsten Fontenrose, “can still easily build global coalitions when necessary. While Russia will be radioactive, more a predatory pariah than partner.”
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After Ukraine, ‘whole world’ is a customer for Turkish drone, maker says
"Bayraktar TB2 is doing what it was supposed to do – taking out some of the most advanced anti-aircraft systems and advanced artillery systems and armoured vehicles," he told Reuters in English beside the new Akinci drone at an exhibition in Baku. "The whole world is a customer."
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Saudi Arabia launches $666m water projects in Tabuk region
Saudi Arabia has announced the launch of 26 water, environmental and agricultural projects in the Tabuk region of the kingdom at a total cost of more than SR2.5 billion ($667 million). These projects, which include four desalination projects worth SR1 billion, and 5 projects for water transmission systems valued at SR1 billion - were inaugurated by Prince Fahd bin Sultan bin Abdulaziz, Governor of Tabuk Region, at key ceremony held in Tabuk.
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Analysis: How the Ukraine conflict is reshaping global oil markets
The reroutings mark the biggest supply-side shakeup of the global oil trade since the U.S. shale revolution altered the shape of the market around a decade ago and suggest Russia will be able to navigate a European Union (EU) oil ban, provided Asia and China continue to buy its crude.
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Saudi official warns of growing global food crisis from Ukraine war
Before the war, more than 95% of Ukraine’s total grain, wheat and corn exports were shipped out via the Black Sea, and half of those exports went to MENA countries. That vital conduit is now shut, choking off Ukraine’s maritime trade after its ports came under attack from Russia’s military.
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Commentary: Could Ukraine Offer a Template for Better US-Gulf Security Relations?
Washington has been able to support and sustain Ukraine’s military effort so quickly and effectively because of a little-known presidential authority called the Drawdown Authorities, as provided by Section 506 of the Foreign Assistance Act. It means that the president can execute rapid assistance in a crisis for requirements the United States cannot otherwise meet under Arms Export Control Act programs like Foreign Military Sales, or FMS.
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Top Ukrainian official asks Saudi Arabia to fix fuel crisis
Ukrainian Foreign Minister Dmytro Kuleba on Wednesday called on Saudi Arabia to step up and fix the fuel crisis as shortages plague the war-torn country and prices skyrocket worldwide. Following a meeting with Saudi Foreign Minister, Prince Faisal Bin Farhan Al Saud, Kuleba said he asked the top oil-producing nation to help "resolve" the fuel crisis. Ukraine has seen a serious fuel shortage over the last several weeks as Russia has continued its devastating invasion and supply chains have fallen victim to Moscow’s aggression.
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