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Saudi Arabia is the World’s Largest Arms Importer, Qatar Third – UK Study
- August 10,2017
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- SUSTG Team
Saudi Arabia is the largest arms importer in the world by total sales amount, with regional rival Qatar surging to third largest importer, according to a data released by the UK’s Ministry of Justice. The report sheds light on the flow of arms, weaponry and military equipment around the world. According to the data, which can be […]
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Vision 2030 Opportunities ‘Unprecedented in the Region’, HSBC Exec Says as Bank Plans Saudi Expansion
- August 9,2017
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- SUSTG Team
HSBC is planning to add staff to its Saudi Arabian operations as the kingdom embarks “on one of the biggest economic transformations attempted by any country,” the bank’s regional chief Georges Elhedery told Reuters, via the New York Times. HSBC, which started as the Hong Kong and Shanghai Bank and is now based in London, is a […]
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Recent Economic Data for July 2017 Points to Mixed Picture for Saudi Economy
- August 3,2017
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- SUSTG Team
Growth in Saudi Arabia’s non-oil private sector accelerated in July, albeit at a moderate pace, while the expansion in employment slowed, according to a Reuters report citing a Emirates NBD survey. “The seasonally-adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI) rose to 55.7 last month from 54.3 in June. A level above 50 means business is […]
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With Riyadh Metro Progressing, Bechtel Eyes Mining Sector Growth as Saudi Arabia Diversifies
- August 2,2017
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- SUSTG Team
Bechtel, the construction company behind some of the world’s largest and most impressive megaprojects, is eyeing growth in Saudi Arabia’s mining and minerals sector, according to reports and quotes by the company’s Saudi Arabia country manager. “Mining and metals is something that is of extreme interest to us,” said Abdulrahman Al Ghabban, who was appointed […]
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Plans to Tap Massive Tourism Potential for Saudi Arabia’s Red Sea Unveiled
- August 1,2017
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- SUSTG Team
Saudi Arabia wants to turn hundreds of miles of its Red Sea coastline into a global tourism destination, according to an announcement by the government’s Public Investment Fund (PIF) and reports. The development will include “50 islands and 34,000 square kilometers — an area bigger than Belgium — between the cities of Umluj and Al Wajh […]
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New Saudi City Aims for Nearly 1m New Housing Units Near Mecca and Jeddah
- July 27,2017
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- SUSTG Team
Details have emerged on plans for a “giant extension” to the holy city of Mecca in Saudi Arabia that could add up to one million housing units by 2050, according to reports. Prince Khalid Al-Faisal bin Abdulaziz is governor of the Mecca Region. In a press conference, the Prince told reporters that the Al-Faisaliah project […]
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Saudi Female Private Sector Employment Grew 10% in 2016, Ministry of Labor Says
- July 26,2017
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- SUSTG Team
The employment of Saudi women in the private sector increased 10 percent in 2016 over the previous year, according to the Saudi Ministry of Labor and Social Development as reported in the Saudi Gazette. The latest figures show a continuation of a dramatic increase in the last four years for female participation in the workplace. Based on figures provided […]
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President Trump Approves Credentials of New Saudi Ambassador to the U.S. Prince Khaled bin Salman
- July 24,2017
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- SUSTG Team
US President Donald Trump received at the White House on Friday newly appointed Saudi ambassador Prince Khaled bin Salman bin Abdulaziz to approve his credentials as an official diplomat to Washington. Prince Khaled is the 10th Ambassador of Saudi Arabia to the US since 1945. According to the London-based Saudi newspaper Asharq Alawsat, US political analysts believe […]
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King Salman Issues Royal Decrees on Security as U.S. Praises ‘Strong Counterterrorism Relationship’
- July 21,2017
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- SUSTG Team
Saudi Arabia’s King Salman issued a number of royal decrees on Thursday regarding the Kingdom’s security governance, creating a new security authority and separating forces from the Ministry of the Interior, according to reports. The executive order creates a security authority known as the “The Presidency for State Security” linked with the Prime Minister’s Office, the […]
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U.S. Removes Laptop Ban on Flights from Jeddah, Saudi Arabia; Riyadh to be Inspected by U.S. Officials ‘This Week’
- July 18,2017
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- SUSTG Team
The Trump administration on Monday lifted the ban on carrying laptops onboard Saudia Airlines, the last airline facing in-flight restrictions on electronics, a TSA spokesman has said. The removal only affects passengers on Saudia flying out of the airline’s hub in Jeddah, Saudi Arabia. US government officials will visit Riyadh’s King Khalid International Airport “later this […]
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MUST-READS
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King SalmanSaudi king reinstates 200 government employees following dismissals
Saudi Arabia’s King Salman has ordered the reappointment of 200 state employees who were dismissed from their jobs at the Ministry of Education in January 2013, according to local media.
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Petro DiplomacyPetro Diplomacy: Challenges in the New Energy World
fter decades of almost uninterrupted expansion, the sudden collapse in oil prices in mid-2014 has had a dramatic impact on the political economy of the region
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UnemploymentSaudi unemployment rises 12% in Q3 to four-year high
Unemployment levels in Saudi Arabia rose to 12.1 percent in the third quarter of 2016, a four-year high, although employment growth remained positive, according to new data from Jadwa Investment.
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Turkey38 Killed, Dozens Injured In Explosions Outside Turkish Stadium In Istanbul
A set of explosions outside a major sports stadium in Istanbul killed 38 people and wounded more than 160 others, officials said, in an attack that appeared to target police officers Saturday evening.
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Boris JohnsonThe British government doesn’t agree with its top diplomat about Saudi Arabia
Not surprisingly, a spokeswoman from Downing Street came out strongly against Johnson's remarks
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IranIran hails historic diplomacy at work in Opec deal
As the Iranian presidential election approaches, the moderates can claim this deal is a political and economic victory.
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WikileaksWikiLeaks releases thousands of diplomatic cables
“If any year could be said to be the ‘year zero’ of our modern era, 1979 is it," WikiLeaks head Julian Assange said in a statement.
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ISIS IEDsISIS Put Improvised Explosives All Over Syria, and Disposal Won’t Be Easy
With thousands of square miles to defend, ISIS began using IEDs like traditional landmines
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SecurityFour charged with plotting to assassinate late Saudi king, media says
Four suspected al Qaeda members have gone on trial accused of plotting to assassinate the late King Abdullah of Saudi Arabia, newspapers in the kingdom reported on Tuesday.
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CounterterrorismEgypt to Try Nearly 300 ISIS Suspects Over Sisi and Saudi Prince Assassination Plots
Egyptian authorities are to try 292 Islamic State militant group (ISIS) suspects for involvement in plots to assassinate Egypt's President Abdel Fattah el-Sisi and the Saudi Crown Prince Mohammed bin Nayef.
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