Recent stories from sustg

• Royal Succession Planning at Saudi Inc.
  • January 26,2015

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  • Matthew Spivack
   

  Following the death of Saudi Arabia’s King Abdullah, it is important for companies to be prepared to answer questions from the corporate office regarding how royal succession impacts Saudi Arabia’s trajectory. New Saudi King Salman’s ascension to the throne, and the appointment of Crown Prince Muqrin, represents continuity from King Abdullah’s reign. Salman is unlikely […]

   
• The Death of King Abdullah and the Future of Saudi Arabia: 5 Storylines to Watch This Week
  • January 26,2015

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  • Lucien Zeigler
   

  The passing of Saudi Arabia’s King Abdullah in the early morning on Friday, January 23rd is a major event in the Kingdom’s history. The impact of the King’s reign on current and future generations will be lasting, and his death has drawn global attention to the Kingdom as the country moves forward with new leadership. […]

   
• An Outpouring of Grief from Saudis on Social Media as Heads of State Arrive for Funeral of the Late King Abdullah
  • January 23,2015

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  • SUSTG Team
   

  Saudi Arabia’s citizens took to social media to express their grief and sadness at the death of King Abdullah bin Abdulaziz al Saud as heads of state arrived in Riyadh to attend services and express solidarity with the leaders and people of the Kingdom. At the time of this writing, the hashtag #KingAbdullah is the […]

   
• President Obama: ‘My personal condolences and the sympathies of the American people’ following death of King Abdullah as VP Biden plans visit
  • January 23,2015

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  • SUSTG Team
   

  President Obama issued a statement today on the death of Saudi Arabia’s King Abdullah bin Abdulaziz, expressing his condolences and “the sympathies of the American people” to the family of the King and the people of Saudi Arabia. “It is with deep respect that I express my personal condolences and the sympathies of the American […]

   
• Spain’s Abengoa and AWT to Develop the World’s First Solar-Powered Desalination Plant in Saudi Arabia
  • January 21,2015

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  • SUSTG Team
   

  [Press Release] Spain’s Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been selected by Advanced Water Technology (AWT) to jointly develop the world’s first large-scale desalination plant to be powered by solar energy, in Saudi Arabia. AWT is a newly formed company […]

   
• Jadwa Investment: Central Department of Statistics Finds 2014 inflation rate was 2.7%, Down from 3.5% in 2013
  • January 19,2015

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  • SUSTG Team
   

  According to a recently released note by Jadwa Investment, a leading Saudi investment firm, inflation in the Kingdom was down in 2014 to 2.7% on average, and found a deceleration in prices to 2.4% year-on-year. Jadwa’s Head of Research Dr. Fahad Alturki wrote in an investor note: “The Central Department of Statistics and Information (CDSI) has […]

   
• U.S. Delegation Led by Senator John McCain Visits Saudi Arabia to Discuss Military Cooperation Efforts Against Daesh, Training of Moderate Rebels
  • January 19,2015

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  • SUSTG Team
   

  U.S. Senate Republican John McCain and a delegation of Senate Armed Services Committee members visited Saudi Arabia on Saturday as part of a broad tour of the region to discuss American-Saudi joint efforts to back moderate Syrian rebels in that country’s 4-year old civil war. According to the Guardian, McCain and the Senate Armed Services […]

   
• ‘No Shortage of Funds’ for Saudi Arabia’s Troubled Housing Market as Minister Eyes Taxes on Undeveloped Lands
  • January 14,2015

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  • SUSTG Team
   

  A longstanding issue for the Kingdom of Saudi Arabia has been the drag on the housing market caused by privately-owned property in urban locales that remains unused with no plans for development.  Without taxation of this land, and low prices that owners might receive on the market, there is little incentive to sell it. However, […]

   
• Photos: Rare Snow Blankets Areas of Saudi Arabia
  • January 13,2015

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  • SUSTG Team
   

  A rare blanket of snow hit areas of Saudi Arabia on Monday, causing a stir on social media sites and even eliciting a Fatwa about snowmen. The bulk of the snow hit a town near the northern city of Tabuk, according to the BBC. Images appearing on the website Alriyadh.com, which often has excellent user-submitted photographs […]

   
• Five trends that will shape the Arab World’s online industry in 2015
  • January 8,2015

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  • Khaldoon Tabaza
   

  2014 was a milestone year for online businesses in the Arab world. It was the year in which Arab online users spent more time behind their smartphone and computer screens than their televisions, online classified’s popularity soared over that of print classifieds, and several industries such as transportation, automotive, and food & beverage were disrupted […]

   
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