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Kechichian: How will Saudi Foreign Policy Evolve Under King Salman?
- February 19,2015
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- SUSTG Team
Following the successful and smooth transition of power from Saudi Arabia’s King Abdullah to the new King Salman, all eyes are on how the new Custodian of the Two Holy Mosques will navigate the regional and global foreign policy landscape. Although King Salman kept on the Minister of Foreign Affairs, Prince Saudi al Faisal, major […]
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Jadwa Investment: Healthy Growth in Consumer Spending; Strong Consumption Growth in 2015 Likely
- February 18,2015
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- SUSTG Team
A recently released note by Riyadh-based Jadwa Investment predicts strong growth in consumer spending on the back of recent spending announced in Royal Decrees. Jadwa: “December data showed healthy growth in both cash withdrawals from ATMs and point of sale transaction. Consumption growth in 2015 is likely to be strong following the recent Royal decrees. […]
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#FocusKSA Video: Theodore Karasik on Saudi Arabia’s Political Transition
- February 17,2015
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- SUSTG Team
Gulf-based expert and analyst Theodore Karasik discussed the political transition in Saudi Arabia following the death of King Abdullah and the transition to King Salman last week with SUSTG and SUSRIS in an exclusive #FocusKSA interview. Karasik noted that the transition “went very smoothly,” and added, “I think what caught all of us by surprise […]
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For Saudi Arabia, Instability in Yemen Poses Political, Security, and Economic Challenges
- February 11,2015
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- SUSTG Team
As the political crisis in Yemen intensifies following a Houthi takeover that some in the Gulf are calling a “coup,” two recent essays provide useful analysis on the serious challenges facing Saudi Arabia and its new King Salman. Writing for the Carnegie Endowment for International Peace blog, Khaled Fattah discusses the current situation in Yemen […]
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A Transitioning Kingdom of Saudi Arabia: SUSRIS Interviews Theodore Karasik
- February 6,2015
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- SUSTG Team
This week, SUSRIS featured in two parts a wide-ranging interview with Dr. Theodore Karasik in which the expert discussed the recent transition in Saudi Arabia and the implications for regional and global affairs. Karasik, based in Dubai as a Senior Advisor to Risk Insurance Management and formerly Director of Research and Development at the Institute for […]
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Saudi Arabia’s Golden Opportunity to Reform Energy Subsidies
- February 5,2015
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- Lucien Zeigler
With low oil prices, Saudi Arabia and other energy producers that subsidize domestic prices have a golden opportunity to reform those schemes. Will they? According to an IMF official in remarks made last year, Gulf states spent an average of 10% of GDP subsidies in 2013, a total of $160 billion annually. As a whole, the Middle East and North Africa region accounts for nearly […]
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With Regional Challenges Mounting, Prominent Saudi Journalist Calls for ‘Saudi-American-Turkish Cooperation’ for Stability in the Middle East
- February 4,2015
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- SUSTG Team
Saudi Arabia’s foreign policy is in focus following the death of King Abdullah and the new leadership under King Salman. Although King Salman kept on Prince Saud al Faisal as Minister of Foreign Affairs, and headlines in Saudi newspapers proclaimed that foreign policy under King Salman would not change, challenges in the region are evolving […]
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King Salman Restructures Government with Major Changes to Ministers and Other Government Bodies
- January 30,2015
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- SUSTG Team
Yesterday, Saudi Arabia’s new King Salman issued a series of royal decrees that restructure the government ministers, “eliminating numerous government bodies, establishing new government bodies and merging the Ministry of Higher Education and the Ministry of Education and much more,” SUSRIS reports. Of the 8 Minsters that were appointed by King Abdullah less than two months ago, […]
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Saudi Arabia’s First Social Media King Salman Nets More than 450k Followers on Twitter Since Ascending to Saudi Throne
- January 29,2015
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- SUSTG Team
The citizens of the Kingdom of Saudi Arabia are some of the most active social media users in the world. Roughly 20% of the country is on Twitter and 25% is on Facebook, according to Statista. Upon King Abdullah’s passing, then Crown Prince Salman became Saudi Arabia’s first King to use social media publicly – […]
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Discovering Business in Saudi Arabia 2014-2015
- January 27,2015
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- SUSTG Team
The Saudi-British Relations Information Service (SBRIS), shares with its readers the 2014-2015 Discovering Business handbook published by Allurentis Ltd, in association with UK Trade and Investment and the Saudi Committee for International Trade. The report series, now available on SBRIS in three sections with more forthcoming, highlights key sectors and provides important, in-depth data on the […]
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MUST-READS
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Saudi SocietyOpinion: Saudi Arabia is basking in real change
Most of these restrictive declarations came from men — who paraded around pushing their own repressive interpretations of Islam. Grudgingly, women found solace either in teaching at all-girls schools or retreated into their shells, waiting to get married.
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Iran SanctionsIraq to exchange food for Iranian gas, seeks U.S. approval: government officials
Iraq has agreed with Iran to exchange Iraqi food items for Iranian gas and energy supplies, two Iraqi government officials said on Wednesday.
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HajjSaudi Rule Change May Bar Israeli, Palestinian Pilgrims From Mecca
The new rules close a loophole that allowed passage from Israel, which does not have diplomatic relations with the Saudi kingdom, home to Islam’s two holiest shrines.
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SyriaHow $100,000 of pay-for-play access changed U.S. Syria policy
The money that New Jersey cardiologist Rim Al-Bezem paid for short audiences with Trump pales in comparison with the millions spent by some corporations or foreign governments. And there’s no doubt she was effective. Trump has publicly stated multiple times that, but for her, he would not have known about — and would not have done anything to stop — the looming humanitarian crisis in Idlib. That’s the Syrian province where more than 2 million displaced civilians fear a military onslaught from the Bashar al-Assad regime, Russia and Iran.
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ME TechWomen are driving change in the Middle East tech industry
According to Wamda's calculations, the share of women digital entrepreneurs now comprise 35 per cent in the region compared to only 10 per cent worldwide.
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TadawulVideo: Tadawul Chairwoman on Social Changes in Saudi Society, Women’s Empowerment
Saudi Arabia's Stock Exchange Chairwoman Sarah Al-Suhaimi says Saudi women now hold more jobs in business and finance compared to the past. She discusses the recent economic and social changes in the country with Bloomberg's Erik Schatkzer at the Bloomberg Invest summit in London. (Source: Bloomberg)
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EconomyChange in Saudi Arabia: Towards a Knowledge-Based Economy
Saudi Arabia is facing an unprecedented pace of change across all aspects, including social, cultural, economic and even regulatory. Many key projects in the Kingdom demonstrate an actual shift towards a knowledge-based economy, with a significant focus on technology. How is law & regulation keeping up ? In this video, Joycia Young and Dino Wilkinson discuss the trends and implications of this shift for Saudi Arabia.
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Energy PolicyFacing the Dual Challenge of Energy Security and Climate Change: The Oman Example
To meet the dual challenge of energy security and climate change, the Gulf Arab states need a holistic understanding of energy systems when planning an advantageous energy mix.
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Climate ChangeBig Oil Warns of Backlash as It Makes Vow on Climate Change
The world’s biggest oil and gas companies made an unprecedented vow to cut their contributions to global warming, even as they warned of a potential backlash from pushing change too quickly.
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Retail TrendsCinemas and fast fashion: Reforms change Saudi shopping habits
Cuts to electricity and petrol subsidies and a rise in VAT have eaten into household budgets and many are making savings by switching from luxury to budget goods.
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