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Recent stories from sustg

  • Saudi Labor Reform and a Supermarket Checkout Line
     

    Last month SUSTG featured a Summer 2014 Report Card analysing the Nitaqat Program to significantly increase the number of Saudis in the workforce.  In that article Nathan Field assessed the structural reform required simply to implement the Nitaqat initiative as well as the array of regulatory changes and their impact on the Saudi labor environment. In […]

     
  • ‘Sigh of Relief’ as Saudi Arabia Secures Hajj from Disease, Violence
     

    Saudi Arabia’s management of the largest annual human migration on the planet is closely watched due to the importance of the rite in the Islamic religion, the participation of Muslims from around the globe and the immense logistical complexities of the event. This year’s Hajj was exceptionally challenging for authorities with a trifecta of serious threats […]

     
  • Why MNCs Must Localize their Saudi Business
     

    Saudi Arabia is one of Europe, Middle East and Africa’s (EMEA) top emerging markets, but it is on an unsustainable growth path that threatens long-term prosperity. In addressing this problem through economic diversification, the government will increasingly push multi-national corporations (MNC) to localize their presence or risk being shut out of the market. Success for […]

     
  • Nitaqat Three Years On: A Summer 2014 Report Card
     

    Four years into the Arab Spring, Saudi Arabia has been an oasis of relative calm and stability in an otherwise tumultuous Middle East region. This is partially because the perceived social, economic and political dysfunction resulting from Arab Spring reform movements has had a sobering effect on Saudi perceptions.  In fact, many Saudis consider the […]

     
  • Shifting Gender Norms in Saudi Arabia
     

    Though often caricatured as backwards and traditional, Saudi gender roles are undergoing a reconfiguration. Previously, the majority of Saudi women did not work outside of the home and relied on male relatives to manage many aspects of family life. Globalization and economic necessity, not necessarily liberal values, are propelling more Saudi women into work outside […]

     
  • Desert Classic: Toyota’s Iconic Land Cruiser ’70’ to be Re-Released
     

    Toyota’s original iconic Land Cruiser 70, popular among Saudis and others in the region, is receiving a makeover. Toyota is re-releasing its classic desert car as part of a special edition to “commemorate Toyota’s longest-running nameplate,” the company said in a press release. The Land Cruiser 70 was first released in 1984, and the re-release […]

     
  • HRDF’s New Priority: Business Education Scholarships For Saudi’s Young Private Sector Leaders
     

    Since its inception in 2000, the primary mission of the Saudi Human Resources Development Fund (HRDF) has been to provide job training and locate entry-level employment for young Saudis. But thanks to a new partnership with The Madinah Institute for Leadership and Entrepreneurship (MILE), HRDF now has another ambitious goal: to educate and support Saudi’s […]

     
  • High Performance Government and MILE: Delivering on the Promise of eGovernment
     

    In a country with 185% mobile device penetration and some of the highest levels of Web usage in the world, how do Saudi officials deliver on the promise of eGovernment? Dr. Mohammed Mustafa Mahmoud, CEO of the Madinah Institute for Leadership and Entrepreneurship (MILE), says it’s not an easy task, given the high expectations of […]

     
  • For Saudi Arabia, Change in Fiscal Policy Should Come Sooner than Later
     

    Each year brings the announcement of a new historic budget for Saudi Arabia with an increase in spending higher than its predecessor. In fact, there is nothing permanent in the economy, and there is nothing permanent in government spending. For Saudi Arabia, government spending depends on oil prices, and the continued expansion of the budget is […]

     
  • Several Prominent Saudi Voices Continue to Express Discontent with Western Policies toward Iran, Syria
     

    In a hard-hitting New York Times op-ed, Saudi Arabia’s Ambassador to the United Kingdom Prince Mohammed Bin Nawaf Bin Abdulaziz Al Saud wrote that while the Western-Saudi relationship friendship has lasted for decades, Saudi Arabia will pursue its own interests in the Middle East, even if they diverge from those of the Western powers.

     

MUST-READS

  • Steady 66% Want Leading or Major World Role for U.S.

    Sixty-six percent of Americans want the U.S. to take either the leading role (19%) or a major role (47%) in trying to solve international problems. That combined percentage remains lower than Gallup readings between 2001 and 2009, which averaged 75%, and is essentially tied with 2023 (65%) and 2011 (66%) as the low in the trend. Twenty-eight percent of Americans say the U.S. should take a minor role in world affairs, and 3% say it should have no role at all. Over time, most of the shifts in opinion have come in the shares of U.S. adults favoring a major versus a minor role. Compared with the 2001-2009 averages, the current percentage of Americans wanting the U.S. to take a major role is down seven percentage points, while the percentage favoring a minor role is up nine points.

  • Why Gulf Arab states and Turkey eye key roles in ending Ukraine war

    The Russia-Ukraine war, now in its third year, has profoundly affected global geopolitics. Despite numerous mediation efforts, Gulf Arab states and Turkey have emerged as key players in navigating the crisis and acting as relatively neutral mediators. Saudi Arabia on Feb. 18 hosted Russian and US officials for talks aimed at ending the war in Ukraine. The four-and-a-half-hour meeting marked the most extensive dialogue between the two sides since the conflict began in 2022. While Riyadh facilitated the contentious session, Ukrainian President Volodymyr Zelensky flew to Turkey, his second stop after visiting the United Arab Emirates (UAE)—another influential actor that is engaging with both Kyiv and Moscow. The flurry of visits by Russian, Ukrainian and US officials to Turkey and Gulf Arab capitals underscore the growing influence these regional states have. Driven by their own national interests, Ankara and Gulf states are positioning themselves to play a dominant role in the resolution of the Ukraine war, each seeking to secure significant gains from the outcome.

  • ‘A stupid game of chicken’: Inside the PGA Tour/Saudi PIF negotiation breakdown and the state of a potential deal

    For a time just last month, professional golf seemed to be on the brink of a historic reconciliation. PGA Tour commissioner Jay Monahan and Tiger Woods conveyed unmistakable optimism at Torrey Pines in mid-February, generating conviction throughout the golf world that an upcoming White House summit—bringing together Saudi Arabia's Public Investment Fund and President Donald Trump—would deliver the long-awaited formal announcement. Yet two weeks after that high-stakes meeting, with the sport poised to converge on PGA Tour headquarters for the tour’s flagship event, any semblance of an agreement appears to have evaporated.

  • Less Than Half in U.S. Now Sympathetic Toward Israelis

    Although Americans remain more likely to say their sympathies in the Middle East situation are with the Israelis rather than the Palestinians, the 46% expressing support for Israel is the lowest in 25 years of Gallup’s annual tracking of this measure on its World Affairs survey. The previous 51% low point in this trend of Americans’ sympathy for Israelis was recorded both last year and in 2001. At the same time, the 33% of U.S. adults who now say they sympathize with the Palestinians is up six percentage points from last year and the highest reading by two points.

  • Is Saudi Arabia the next China or India? See for yourself

    For decades, Saudi Arabia has been viewed through an increasingly outdated lens—an oil-rich kingdom dependent on energy exports and held back by regional politics and what some describe as a fundamentalist Islamist past. That perception is so 20th century. Saudi Arabia is not the next China or the next India. With a population of just more than 33 million, this kingdom on the move is evolving into something entirely its own. Ranked as the world’s 19th-largest economy and the seventh largest in Asia, according to International Monetary Fund (IMF) data, with a GDP of approximately $1.14 trillion, Saudi Arabia is leveraging its oil wealth to transition beyond dependence on fossil fuels.

  • Zelensky hopes US-Ukraine talks next week will be ‘meaningful’

    Zelensky announced the US-Ukraine talks in Saudi Arabia in a series of posts on social media, after attending Thursday's crisis summit in Brussels where European Union leaders endorsed plans for a boost in defence spending. "Ukrainian and American teams have resumed work, and we hope that next week we will have a meaningful meeting," he wrote on X. "Ukraine has been seeking peace since the very first moment of the war, and we have always stated that the war continues solely because of Russia." Zelensky urged the global community to put more pressure on Moscow so it "accepts the need to end" the war. He also made an apparent reference to a truce plan outlined earlier this week by French President Emmanuel Macron, which proposed a ceasefire in the air and at sea, and an end to attacks on energy and other civilian infrastructure.

  • Zelensky says US and Ukraine will hold talks next week in Saudi Arabia on ending the war

    Ukrainian President Volodymyr Zelensky says talks between Ukraine and the US on ending the war will take place in Saudi Arabia next week. In his nightly address on Thursday, March 6, Zelensky said he would travel to Saudi Arabia on Monday and his team would stay on to hold talks with US officials. "I am scheduled to visit Saudi Arabia to meet with the Crown Prince. After that, my team will stay in Saudi Arabia to work with American partners. Ukraine is most interested in peace," Zelensky said. The EU's 27 leaders on Thursday greenlit a plan drawn up by the European Commission that aims to mobilize €800 billion to "rearm Europe" against the perceived threat from Russia. At the summit, Zelensky told EU leaders that Ukrainian and American negotiators had "resumed work," and that "we hope that next week we will have a meaningful meeting." He thanked EU leaders for standing by Kyiv, with America's outreach to Russia raising fears Ukraine could be forced into an unfavorable deal. "We are very thankful that we are not alone," said the Ukrainian leader.

  • Saudi Fund Set to Invest in AirAsia, Boosting Ties to Region

    Saudi Arabia’s sovereign wealth fund is poised to invest about $100 million in Malaysian carrier group AirAsia, according to people familiar with the matter, strengthening the Gulf kingdom’s ties with a region that’s a major source of tourism. Shares gained. AirAsia is seeking funds to reboot its growth ambitions after years of Covid-induced losses. The low-cost airline group is offering outside investors a stake of as much as 15% at a valuation of $2 billion, one of the people said. The timing is key as controlling shareholder Capital A Bhd nears approval to restructure ownership of the airline and merge its aviation businesses into sister firm AirAsia X Bhd.

  • Analysis: PwC’s Saudi ban is a warning sign

    The Gulf is one of the few remaining growth markets for global consultancy firms, and Saudi Arabia has been a particularly lucrative destination. The kingdom’s Vision 2030 transformation has relied heavily on firms like McKinsey & Co., Boston Consulting Group, PwC, and others to design and execute economic and regulatory overhauls. Entry-level compensation is higher than London “even without adjusting for taxes,” according to The Financial Times, and the region has become a bright spot in a declining industry. PwC’s temporary ban — reportedly affecting its advisory business but without clarification on the specific type of work impacted — has not been confirmed or explained by either the firm or the sovereign wealth fund. The lack of transparency has added to the mystery surrounding the situation. The suspension has reignited debates about the dominance of foreign consultancies, with many Saudis expressing frustration over what they see as a monopoly by these firms, arguing that such dominance stifles the development of local expertise and opportunities. This sentiment underscores a broader call for economic sovereignty and the cultivation of homegrown talent.

  • Trump warns Hamas as US holds unprecedented talks for Gaza hostages

    The United States broke a longstanding diplomatic taboo by holding secret talks with Hamas on securing the release of U.S. hostages held in Gaza, sources told Reuters on Wednesday, while President Donald Trump warned of "hell to pay" should the Palestinian militant group not comply. U.S. hostage affairs envoy Adam Boehler has the authority to talk directly with Hamas, the White House said when asked about the discussions, which broke with a decades-old policy against negotiating with groups that the U.S. brands as terrorist organizations. Boehler and Hamas officials met in Doha in recent weeks, two sources briefed on the negotiations said. It was not clear who represented Hamas.