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Al-Falih Signals ‘Wait and See’ Approach to Trump’s Harsher Iran Oil Sanctions
- April 23,2019
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- SUSTG Team
The recent decision by President Trump to end all Iran sanction waivers by May was welcomed in Saudi Arabia, but the Kingdom indicated it would respond cautiously with decisions on oil production. “President Donald J. Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May,” a White House readout […]
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Saudi Aramco to Acquire Stake in South Korean Hyundai Oilbank for $1.2 billion
- April 15,2019
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- SUSTG Team
Saudi Aramco says it has reached an agreement to acquire a $1.25 billion stake in South Korean refiner Hyundai Oilbank that would provide it with “a dedicated outlet for its crude to South Korea.” The deal was struck between Aramco and Hyundai Heavy Industries Holdings for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to […]
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Trump, Crown Prince Mohammed bin Salman Speak by Phone, White House Says
- April 10,2019
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- SUSTG Team
U.S. President Donald Trump spoke with Saudi Arabia’s Crown Prince Mohammed bin Salman by phone on Tuesday, discussing Riyadh’s role in Middle East stability, maintaining pressure on Iran other issues, according to reports. “President Trump and the Crown Prince discussed regional developments and opportunities to further enhance the American-Saudi partnership on a range of security and economic […]
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King Salman Makes Day Trip to Bahrain, Meets with Bahraini King Hamad Al-Khalifa
- April 3,2019
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- SUSTG Team
Saudi Arabia’s King Salman arrived in Bahrain on Wednesday to discuss bilateral relations and regional developments, according to reports. The visit is the second foreign trip in as many weeks for King Salman, having visited Tunisia for an Arab League summit at the end of March. King Salman was welcomed to the country by the King of Bahrain, […]
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Energy Secretary Rick Perry Confirms KSA One of 16 Countries Approved for Unclassified Civil Nuclear Technology
- March 29,2019
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- SUSTG Team
The Trump administration has approved seven applications for U.S. companies to sell nuclear power technology and assistance to Saudi Arabia, but did not reveal the particular companies or specifics of those authorizations, the Energy Department said Thursday. Energy Secretary Rick Perry told the Senate Armed Services Committee that the seven applications approved were among 37 […]
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Saudi Tourism Officials Eye $20b Investment for Al-Ula, with Roadshow Planned for This Year – Report
- March 21,2019
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- SUSTG Team
A recent report in Reuters revealed Saudi Arabia’s big ambitions for Al-Ula, in the northwestern corner of the kingdom that was a key site for an ancient civilization and is near to the future planned city NEOM. Saudi Arabia is targeting up to $20 billion of investments through 2035 for a planned landmark tourism destination and will hold a global investor […]
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Saudi Top Buyer of Military Arms as Flow Increases to Middle East
- March 13,2019
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- SUSTG Team
Saudi Arabia became the world’s largest arms importer between 2014–18, with an increase of 192 per cent compared with 2009–13, according to a new annual report published by the Stockholm International Peace Research Institute (SIPRI). The report also noted that U.S. and other Western weapons sales “are in high demand” in the Middle East, edging out Russia and […]
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Saudi Society Debates Keeping Shops Open during Prayer Times ahead of Shoura Consideration
- March 4,2019
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- SUSTG Team
A debate is raging on social media in Saudi Arabia about whether the Kingdom should continue to require by law the closing down of all shops, malls, restaurants, gas stations, and even hospitals during the call for adhan (Islamic prayer) and throughout prayer time, according to media reports. According to Gulf News, Yahya Al Samaan, assistant president of […]
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Crown Prince Mohammed bin Salman Meets with Xi Jinping in Beijing, Tours Great Wall
- February 22,2019
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman continued his tour of Asian nations with a second day in China, where he met with Chinese President Xi Jinping and the two countries inked over $28 billion in deals, according to reports. In his meeting with President Xi Jinping, the Chinese leader urged joint efforts to counter extremism and […]
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Jadwa Investment Forecasts ‘Continued Improvement in the Health and Direction of the Saudi Economy’
- February 15,2019
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- SUSTG Team
In a research report on the year ahead for the Saudi economy, Jadwa Investment said 2019 will be “marked by a continued improvement in the health and direction of the Saudi economy.” “During 2019, we expect to see a consolidation of efforts in striving towards the goals of the Vision 2030, as well as the targets […]
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MUST-READS
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Women DrivingHuman Rights Watch urges Saudi to free women held in driving case
During October, dozens of women drove in the kingdom and posted images of themselves doing so as part of an online campaign supporting the right to drive. In response, the interior ministry said it would "strictly implement" measures against anyone undermining "the social cohesion". Activists say it is not actually against the law for women to drive and that the ban is linked to tradition and custom in the kingdom.
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SocietyVideo: Behind-the-scenes look at life for Saudi women
Saudi Arabia is clearly changing. There are now more women than men graduating from university, and the government is encouraging them to join the workforce. We met countless professional Saudi women who - despite a legal system that treats them as less-than-full citizens - occupy powerful positions in government and private companies.
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Women in the WorkforceStigma of Saudi women working in hotels gradually disappearing
"In the past, if you had told someone you were a hotel receptionist, they would jump to conclusions and think you didn't have a good reputation as a woman. After all, we live in a conservative society. Today, everything has changed because of the new regulations, which had a profound effect on the way people look at us," Badawood said.
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Women DrivingNew debate in Saudi over women’s right to drive
The country has been witnessing tense debates, mainly on social media, over the merit of allowing women to drive, with each camp resorting to social, economic and religious arguments to reinforce their views. Al Ghaith’s tweet was the latest trigger to re-launch the debate.
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WomenMale colleagues? 47% Saudi women have no problem
About 47 percent of Saudi women say they have no problem in working with male colleagues, while 44 percent of Saudi men would not prevent their female relatives from working with male colleagues and customers, a recent survey conducted by Khadeeja bint Khuwailed Center has revealed.
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WomenOpinion: Despite some western perceptions, Saudi women are on a roll
Contrary to the western perception that Saudi women are under the thumb of a patriarchal society, there are some things that can’t be ignored. Take, for instance, a recent government study that found that Saudi women have more than $100 billion in ready cash lying around in banks. That’s up from $62 billion in 2004.
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Women and HealthFor Saudi Women, A Weighty Development
xercise and participation in sports represent important progress for Saudi women, who have traditionally been excluded from most activities outside the home. It is not just a question of social evolution and liberalizing trends, it is a major public health issue. The kingdom has one of the world’s highest rates of obesity and diabetes.
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Women‘Saudi women can succeed’: The creative response to entrepreneurship
Apart from these well-known Saudi women there are also many others who are successful wedding planners, fashion designers, jewelry designers, chefs, photographers and consultants. All of these women reflect the entrepreneurial spirit; they are prolific and self-driven and they have taken on a role in life and have proven one thing: “Saudi women can succeed”.
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Saudi Women and FinanceSaudi Women Have $99 Billion in Bank Deposits
Government statistics have revealed that Saudi women are holding disposable cash exceeding £64 billion (375 billion Saudi Riyals) in commercial banks. Official statistics published by the Ministry of Commerce and Industry on Wednesday (12 November) confirmed however, that women account for only 7.3 per cent of commercial registrations issued by the ministry.
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Saudi Women and MarriageSome Saudi women prefer to marry foreigners
Shoura Council member Sadaqah Fadel said there are 700,000 Saudi women married to foreigners, accounting for 10 percent of the Saudi female population. The council is currently studying a bill that proposes granting Saudi nationality to foreigners married to Saudi women in order to foster security in marriage and make their daily lives easier.
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