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Recent stories from sustg
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Opinion: Teaching Religious Tolerance in Schools
- October 23,2014
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- Nouf Al Sadiq
In recent months, much attention has been given to the expanding influence of jihadist groups and religious extremists in the Middle East. The rise of the Islamic State (ISIS) in Iraq has been attributed, in part, to former Prime Minister Maliki’s sectarian policies. The Houthis, a Shiite rebel group in Yemen have occupied Sanaa and […]
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Murder of Abdullah Alkadi in California Hits Home for Saudi Students, Families
- October 20,2014
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- Lucien Zeigler
The suspected murder-carjacking death of Saudi Arabian national Abdullah Alkadi has caused tremors through the vast, tightly-knit community of Saudi students in the United States. In comments to SUSTG, Ghadah Alghunaim, co-founder of the popular Saudi student social networking group, Saudis in USA, said that the event shook many Saudi students in the US and […]
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Body of Saudi Student in the USA Abdullah Abdullatif Alkadi Found in California Desert
- October 19,2014
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- Lucien Zeigler
Saudi students in the USA and others on social media are mourning Abdullah Abdullatif Alkadi, whose body was found in Palm Desert, California alongside a freeway more than a month after he disappeared. The 23 year old California State University, Northridge student was an electrical engineering student on the King Abdullah Scholarship Program. His brother […]
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After Sfakianakis Hire, Ashmore to Open an Office in Saudi Arabia Ahead of Market Opening
- October 15,2014
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- Lucien Zeigler
London-based Ashmore Investments is set to open an office in Saudi Arabia before the opening of the Saudi Stock Exchange to foreign investors, the Wall Street Journal‘s Nicholas Parasie reports. Ashmore, which is registered with the Saudi market regulator the Capital Markets Authority and based in Riyadh on Olaya Main Street, recently hired John Sfakianakis to join the […]
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Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
- October 14,2014
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- SUSTG Team
An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]
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Saudi FM Says Iran is ‘Part of the Problem and Not Part of the Solution’ in Regional Conflicts as KSA Diplomatic Activity Increases
- October 13,2014
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- Lucien Zeigler
The Kingdom of Saudi Arabia had an active start to the week for its regional policy as the Emir of Qatar and Germany’s Foreign Minister were in Jeddah to meet with Saudi officials. Qatar’s Emir Sheikh Tamim bin Hamad al-Thani met with King Abdullah at his palace on the Red Sea, while Prince Saud al-Faisal met […]
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Complex Security ‘Fence’ System on Saudi Arabia’s Northern Border with Iraq to Deter Encroachers
- October 12,2014
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- Lucien Zeigler
With an eye on the threat posed by the extremist group IS in Iraq and Syria and a deteriorating security situation in Yemen, Saudi Arabia has prioritized border security to safeguard the Kingdom from outside threats. A promotional video in Arabic shows how Saudi security forces monitor and deploy to deter encroachers onto Saudi soil. […]
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Saudi Arabia in the Air
- October 10,2014
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- SUSTG Team
A stunning collection of photos from Saudi Arabia’s Press Agency, the SPA, showed Saudi Arabia’s helicopters and some shots of the Kingdom from above. [Click here to view a slideshow of Saudi helicopters and aerial shots of the Kingdom from above]
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Red Sea Coastal Cities May Soon be Connected by Rail as SRO Chief Criticized for ‘Endless Promises’
- October 9,2014
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- SUSTG Team
Saudi Arabia’s coastal cities Jeddah and Jazan may soon be connected by rail as the Saudi Railways Organization completed the first phase of a feasibility study, according to a report in Arab News. P.K. Abdul Ghafour reports that businessmen and officials are welcoming the plan for a railway that would run alongside roads connecting the two coastal cities […]
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Central bank’s record reserves ‘show strength of Saudi economy’
- October 8,2014
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- SUSTG Team
The Saudi Arabian Monetary Agency (SAMA)’s reserve assets soared to another historic level in August, official data show, to over $757.3 billion. The jump in August, an increase of $10.4 billion, shows the strength of the Saudi economy, Asharq Alawsat reports, citing economist Abdulaziz Al-Fahad. Asharq Alawsat: “SAMA itself attributed the rise in reserves to […]
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MUST-READS
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What does hosting the 2034 World Cup mean for Saudi Arabia?
For a historically football-obsessed nation, it represents arguably the pinnacle achievement of Saudi Arabia’s changing physical and social landscape since the introduction of the country’s wide-reaching Vision 2030 strategy. Now all eyes are on 2034. The Kingdom’s love of football knows no bounds. It drives conversations and friendships, with 80 percent of Saudis engaged with the beautiful game either through playing or watching. Saudi Arabia’s Ministry of Sport has done an admirable job of diversifying Saudi sporting interests in recent years, but there is still no escaping the fact that football remains the nation’s undisputed No. 1 pastime.
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Study: Saudi management boards increasingly diverse in their make-up
In terms of board composition, the Heidrick & Struggles report found that diversity in boards is increasing. For example, 8% of board members in the KSA are women, a new reality that would not have been possible without the significant reforms Saudi leadership kicked off starting over a decade ago. What’s more, 8% of board appointments are non-nationals, with Saudi Arabia being home to a relatively large expat community of people from all over Asia and the MENA region, among other regions. “Boards in the KSA must look at diversity holistically and strive to achieve the right balance of demographics and expertise, which includes gender, age, nationality, as well as industry and geographical experiences,” said Maliha Jilani, partner Heidrick & Struggles in Dubai.
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OPEC makes fifth and biggest cut to 2024 oil demand growth forecast
OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China's sputtering role as the world's demand growth engine. The weaker outlook underlines the challenge facing OPEC+, which comprises the Organization of the Petroleum Exporting Countries and allies such as Russia. OPEC+ earlier this month delayed its plan to start raising output until April 2025 against a backdrop of falling prices.
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The Israeli Jews who spied for Iran in biggest infiltration in decades
Israel's arrest of almost 30 mostly Jewish citizens who allegedly spied for Iran in nine covert cells has caused alarm in the country and points to Tehran's biggest effort in decades to infiltrate its arch foe, four Israeli security sources said. Among the unfulfilled goals of the alleged cells was the assassination of an Israeli nuclear scientist and former military officials, while one group gathered information on military bases and air defences, security service Shin Bet has said. Last week, the agency and Israel's police said a father and son team had passed on details of Israeli force movements including in the Golan Heights where they lived.
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Saudi Arabia to host FIFA World Cup 2034: When and where will it be staged?
Securing the 2034 FIFA World Cup was a central part of the kingdom’s “Vision 2030” economic strategy, spearheaded by the de facto ruler Saudi Crown Prince Mohammed bin Salman. In recent years, Saudi Arabia’s Public Investment Fund has allowed the country to rapidly grow its influence in the global sporting sector, resulting in several large-scale professional events already taking place inside the country: LIV Golf Tour, Formula One, Saudi Pro League football, Combat Sports (Boxing and MMA), ATP and WTA Tennis, and the famous Dakar motorsports rally event.
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Eric Trump reveals rendering of Trump Tower project in Saudi Arabia
Trump, executive vice president of the Trump Organization, shared the video rendering in a post on X of what marks the Trump Organization’s first major project in Saudi Arabia. "Incredibly proud to officially launch a project that has been underway for many months, Trump Tower - Jeddah!" he wrote. "Thank you to our partners @dar_global - This will be our 5th project together and among the most luxurious buildings anywhere in the world!" In the video, the rendering of the potential future high-rise residential tower is emblazoned with the Trump name.
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2034 World Cup in Saudi Arabia puts lives at risk: rights groups
Awarding the tournament to Saudi Arabia "despite the well-known and severe risks to residents, migrant workers and visiting fans alike, marks a moment of great danger," Amnesty and organisations including Human Rights Watch, the Gulf Centre for Human Rights and the Football Supporters Europe group said in a statement. "As global and regional human rights organisations, trade unions, fans groups and organisations representing migrant workers, many of us have long highlighted the severe risks posed by Saudi Arabia’s hosting of mega-sporting events," the groups said. "By awarding the 2034 World Cup to Saudi Arabia without meaningful protections, FIFA has today decided both to ignore our warnings and discard its own human rights policies."
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Saudi Arabia confirmed as 2034 World Cup host. The next question: Winter, summer or neither?
World Cups have traditionally been held in the Northern Hemisphere's summer, even when staged beneath the equator in South America or South Africa. The entire rhythm of global soccer settled in around this tradition. Most top-flight leagues begin their seasons in August, finish in or around May, and then break for high-profile international tournaments. But Saudi Arabia's climate, like Qatar's, complicates matters. In the Gulf, summer temperatures regularly exceed 100 degrees. Such heat is often considered unsafe for soccer — and undesirable for the millions of fans that World Cups attract. FIFA, citing those dangers, moved the 2022 Qatar World Cup from its typical summer window to November and December. Many assume Infantino and the current FIFA administration will push for a similar move in 2034.
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What will a Saudi 2034 World Cup look like?
Saudi Arabia has invested around £5bn in sports since 2021, when the country's crown prince Mohammed bin Salman made it a key part of his strategy to diversify the economy, with a host of major sporting events brought to the kingdom, including high-profile boxing and Formula 1. The country's domestic football league now includes world stars such as Cristiano Ronaldo, Karim Benzema and Neymar Jr, and the country's Public Investment Fund owns Newcastle United and launched the breakaway LIV golf series. However, the country has been accused of 'sportswashing' - using its unprecedented spending on sport to improve the oil-producing kingdom's reputation over its human rights record and environmental impact. So what will a World Cup in Saudi Arabia look like?
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2034 World Cup: Why Saudi Arabia is hosting, explained
When the bidding process for 2030 and 2034 was announced in Oct 2023, the FIFA Council adopted a so-called "principle of confederation rotation" to ensure that five of its six confederations -- Europe (UEFA), South America (CONMEBOL), Asia (AFC), Africa (CAF) and Oceania (OFC) -- would be considered as potential hosts. Concacaf, the North and Central American confederation, was omitted due to the 2026 Men's World Cup being staged in the United States, Mexico and Canada. With Qatar hosting in 2022, Asia would ordinarily have had to wait until 2042 to host another World Cup under the terms of confederation rotation, but the decision to stage the 2030 tournament across three confederations (UEFA, CAF and CONMEBOL) suddenly pushed Oceania and Asia to the front of the line in 2034.
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