Recent stories from sustg

  • Defense Secretary Hagel in Riyadh, Greeted by Saud al-Faisal and Amb James Smith
     

    SUSRIS reports that US Defense Secretary Chuck Hagel arrived in Riyadh on Monday.

     
  • Islam and science: The road to renewal
     

    The tide of money is bearing a fleet of results. In the 2000 to 2009 period Turkey’s output of scientific papers rose from barely 5,000 to 22,000; with less cash, Iran’s went up 1,300, to nearly 15,000. Quantity does not imply quality, but the papers are getting better, too. Scientific journals, and not just the […]

     
  • Abu Dhabi Buzzes On Eve of World Future Energy Summit ‘13
     

    World Leaders, Luminaries, Companies and Businessmen Descend on Abu Dhabi For the 6th edition of the World’s Largest Renewable Energy Conference and Exhibition [Abu Dhabi] – This week, world leaders, government officials and delegations, business executives, academics, engineers, scientists and many more will converge for the World Future Energy Summit 2013, part of Abu Dhabi’s […]

     
  • Anne Habiby: Entrepreneurship and Job Creation in the Arab World
     

    In addition to featured speakers such as President Bill Clinton and Mr. Abdullah Alireza  the recent C3 Summit in New York City presented a number of compelling panel discussions addressing commercial and trade issues related to doing business in the MENA region. SUSTG has featured the remarks at this event of Abdullah Alireza (Global Economic […]

     
  • Saudi, UAE, Qatar top Cleantech list
     

    Saudi Arabia, the UAE, Qatar and Jordan are the most attractive markets for clean technologies, thanks to their government plans, budgets and long-term strategies, said a report by Ernst & Young. These countries have also demonstrated investments in large initiatives such as KACARE, Masdar and the ‘Green’ Fifa World Cup 2022, said E&Y in the […]

     
  • Internet in the Middle East Still Short of Its Potential
     

    Last week’s third ArabNet conference for digital entrepreneurs in the MENA region was, by the standard of these things, a modest affair. But nonetheless it showed how the regional digital economy has grown, and how it is poised to take off. As one commentator said: “Jordan for the talent, Lebanon for the creativity, Egypt for […]

     
  • Water Brings Green to Saudi Arabia
     

    Over the last two-and-a-half decades, a series of NASA’s Landsat satellites have captured these pictures of the growing agriculture industry in the northern reaches of the Syrian Desert in Saudi Arabia, not far from Jordan. Farmers use a technique called center-pivot irrigation to bring up water from below the desert floor to grow wheat and […]

     

MUST-READS

  • Saudi Crown Prince To Visit Egypt, Jordan Ahead Of Turkey

    Saudi Crown Prince Mohammed bin Salman begins a regional tour Monday in Egypt that will also take him to Turkey to bolster regional ties, a Saudi diplomat said. After Cairo, Prince Mohammed, Saudi Arabia's de facto leader, will travel to Jordan and then on to Turkey, the diplomat said.

  • Bid deadline extended for Saudi Arabia-Jordan interconnection

    Saudi Electricity Company (SEC) has extended the bid submission date for the planned electricity interconnection project between Saudi Arabia and Jordan by two months until the end of July 2022

  • 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.

  • Saudi PIF buys 23.97% stake in Jordan’s Capital Bank Group

    The $600 billion Saudi state fund will pay $185 million for the stake, by buying 63 million new shares of the bank, it said in a statement. The deal aims to increase the banking group's total shareholder equity to around $846 million, bolstering its ability to execute its strategy and expand its business, the statement said.

  • Saudi PIF buys 23.97% stake in Jordan’s Capital Bank Group

    Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said on Sunday it will buy a 23.97% stake in Capital Bank Group, one of the largest banking groups in Jordan, Iraq and the Middle East and North Africa (MENA) region. The $600 billion Saudi state fund will pay $185 million for the stake, by buying 63 million new shares of the bank, it said in a statement.

  • Jordan army official confirms Syria military assists drug traffickers

    According to the local Jordanian Al-Ghad newspaper, Brigadier General Ahmed Hashem Khalifat, the Director of the Jordanian army's Border Security Directorate, stated that "Undisciplined forces from the Syrian army are cooperating with drug smugglers and their gangs, which have become organised." The drug traffickers and organised gangs in Syria "are supported by these forces and their security services, besides the militias of Hezbollah and Iran deployed in southern Syria," Khalifat said.

  • Jordanian craftsman makes swords out of car parts: Video

    21-year-old Motaz al Mazari keeps his family’s craft of sword manufacturing alive, adding his own twist of using metal scrap from used car parts.

  • Abu Dhabi Crown Prince, President of Egypt, and King of Jordan discuss impact of Ukraine crisis

    Sheikh Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; Abdel Fattah el-Sisi, the President of Egypt; and King Abdullah II bin Al Hussein, the King of Jordan, have met in Egypt’s capital city of Cairo.

  • Saudi Arabia Sends $50 MN in Fourth Aid Installment to Jordan

    At the 2018 Makkah Summit, Saudi Arabia, Kuwait and the UAE approved a package of economic aid to Jordan totaling $2.5 billion by 2023. Each of the three countries agreed to send $50 million annually to Jordan.

  • Israel downs Gaza rocket, admonishes Jordan as Jerusalem tensions simmer

    Palestinians accuse Israel of encroaching at Al Aqsa during the Muslim holy month of Ramadan. Israel says Palestinian protesters seek to disrupt Muslim prayer for political ends and to prevent visits by Jews, who are now celebrating Passover. The tensions complicate Israel's security ties with Jordan, which is custodian of Al Aqsa and has a Palestinian majority.