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Recent stories from sustg
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Tourism in Saudi Arabia: How the SCTA Can Help the Saudi Economy
- May 6,2014
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- John Sfakianakis
In 2012, 1 billion tourists visited countries all over the world, and this movement led to the generation of more than $1.3 trillion for the global economy. More than half of tourists used air travel to reach their destinations. In 2010, the total contribution of tourism toward the global GDP reached $6.6 trillion (9.3% of […]
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Opportunities for Saudi-China Trade: Is Asia the Future for the Kingdom?
- April 8,2014
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- John Sfakianakis
As part of the recent visit by Saudi Arabia’s Crown Prince Salman to China, I participated the Saudi-China Investment Forum organized by the Saudi Arabian General Investment Authority (SAGIA). I was honored to receive an invitation to speak, and compared with forums organized inside and out of the Kingdom of Saudi Arabia in 2014, this […]
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Mecca has five times more hotel rooms than any other Saudi city
- April 2,2014
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- Lucien Zeigler
Saudi Arabia’s holy city of Mecca has more than five times as many hotels as any other city in Saudi Arabia, according to a lengthy report on the Saudi tourism sector in Arab News. That report highlights the growth in the hotel industry – put at 172 percent in the last decade – especially to tourist destinations […]
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President Obama’s Visit to Riyadh: 3 Takeaways from Obama’s Meeting with King Abdullah
- March 31,2014
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- Lucien Zeigler
President Obama’s recently concluded visit to Riyadh – his second as President – comes at a pivotal time in U.S.-Saudi relations. With the ongoing conflict in Syria and Iran’s nuclear program the big topics discussed between the two leaders, the meeting was an important opportunity for the two old allies to get on the same […]
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Analysis Roundup: President Obama’s Second State Visit to the Kingdom of Saudi Arabia
- March 27,2014
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- Lucien Zeigler
President Obama’s visit to Saudi Arabia later this week comes at a crucial time in U.S.-Saudi relations and in the context of regional and geopolitical developments.
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KACARE and Saudi Arabia’s Frightening Consumption of Energy
- March 26,2014
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- John Sfakianakis
Four years ago, King Abdullah City for Atomic and Renewable Energy (KACARE) was established by a royal decree. Public statements highlighted the numerous nuclear and solar power plants that would be built and entered into production during the next 15 to 20 years. Large sums of money have been paid for advisers and global consulting […]
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Why Technical and Vocational Training is an Urgent Need for Saudi Arabia’s Future
- March 17,2014
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- John Sfakianakis
Higher education and technical and vocational training are still so far from the requirements of the labor market and specifically in the private sector. Official data show that the proportion of those who enrolled in Saudi universities from high school is the highest in the world – 78% (more than 383,000 students), compared to 56% […]
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A Plea to the Saudi Ministry of Transportation: Save the Lives of Thousands of Saudis
- March 11,2014
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- John Sfakianakis
Recently, I received an invitation from Saudi Aramco to deliver a speech in the Eastern Province peninsula town of Ras Tanura, Saudi Arabia. I was welcomed as a member of the Saudi Aramco family, and not just a visitor. This was not my first time delivering a speech for this great company. I decided to […]
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High Performance Government and MILE: Delivering on the Promise of eGovernment
- March 3,2014
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- Bill Connor
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 […]
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Is the Saudi Arabian Economy Productive?
- February 21,2014
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- John Sfakianakis
Over the past few years, key macroeconomic indicators point to remarkable breakthroughs by the Saudi Arabian economy. The Kingdom’s economy maintained high GDP growth rates, a budget surplus, growth in the Kingdom’s current account, all while the ratio of public debt to GDP remained minimal. Saudi Arabia’s inflation rate remained low amidst a large influx […]
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MUST-READS
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Saudi crown prince meets with Pakistani army chief in Riyadh
Saudi Crown Prince Mohammed bin Salman received Pakistani Army Chief General Asim Munir in Riyadh on Wednesday, Saudi Press Agency reported. During the reception, Saudi-Pakistani relations and opportunities to develop them were reviewed. A number of issues of common interest were also discussed.
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19th Saudi Relief Plane Departs for Lebanon
A 19th relief plane of the Saudi air bridge, operated by King Salman Humanitarian Aid and Relief Center (KSrelief), left King Khalid International Airport for Lebanon today, carrying food, shelter, and medical supplies.
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Saudi Arabia approves cooperation agreement with US for the use of outer space for peaceful purposes
The Cabinet session, chaired by Crown Prince and Prime Minister Mohammed bin Salman in Riyadh on Tuesday, approved a framework agreement for cooperation in the fields of air navigation and the exploration and use of airspace and outer space for peaceful purposes between Saudi Arabia and the United States of America. The Council also approved, in principle, the national general framework and guiding principles for foreign direct investment.
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Saudis Plan $100 Billion AI Powerhouse to Rival UAE Tech Hub
The state-backed entity will invest in data centers, startups and other infrastructure to develop artificial intelligence, the people said, asking not to be identified discussing plans that aren’t yet public. The initiative, called “Project Transcendence,” will also focus on recruiting new talent to the kingdom, developing the local ecosystem and encouraging tech companies to put resources in the country, they said. An AI hub being built by Saudi Arabia’s PIF and Alphabet Inc.’s Google may serve as the starting point for a broader initiative, the people said. The companies are planning to invest between $5 billion and $10 billion in the partnership, which will include work on creating Arabic language AI models, one person said. Alphabet shares gained 4% on Wednesday to $176.51.
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Shortfalls in migrant workers’ insurance scheme highlight need for major reforms on eve of ILO labour complaint
On 7 October Saudi Arabia announced the launch of an insurance scheme to protect migrant workers’ wages- the latest in a series of labour rights reforms over the past few years as part of the country’s Vision 2030 plan to diversify the economy. However, the scheme and other reforms still fail to offer sufficient protection to foreign workers from exploitation and abuse. The complaint lodged against Saudi Arabia by global trade union Building and Wood Workers’ International (BWI) relates to severe human rights abuses and wage theft involving 21,000 workers. BWI lodged its complaint to the ILO in June 2024. It will be heard on 7 November at the ILO Governing Body meeting, and if accepted, could create a committee to look into the complaints and produce a report recommending further action.
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Arab leaders congratulate Trump but wonder if he can end Middle East wars as promised
Arab leaders quickly congratulated Donald Trump on his U.S. presidential election victory. Some are hopeful he could bring an end to conflicts raging in the Middle East while others are looking for a stronger stance against Iran. Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman, United Arab Emirates leaders, and Qatar’s emir, Sheikh Tamim bin Hamad, all congratulated Donald Trump on his win, saying strengthening strategic partnerships is important.
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Green Light for Energy: Egypt-Saudi Arabia Interconnection Project Moves Forward
In recent years, Egypt has faced substantial electricity supply challenges, exacerbated by heat waves and gas shortages, which have led to persistent rolling blackouts across the country since July 2022. The strain on the electrical system has grown due to increased demand, particularly from widespread use of air conditioning in Egyptian cities. In spite of this challenge, Egypt is steadfast in its ambitious goal of generating 42 percent of its electricity from renewable sources by 2035. Cairo has not yet met this target. The state has invested heavily in hydropower along Egypt’s coast, and in by the end of 2022 hydropower accounted for 2,832 MW of Egypt’s 6,322 MW of renewable energy capacity, or around 45 percent. However, renewables still only account for a small portion of the overall electricity mix. Although Egypt’s potential for renewable energy is increasing—and it has developed extensive solar and wind programs in addition to hydropower—it has not yet attained the 42 percent goal, and does not appear likely to in the near future.
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Commentary: Why Trump’s Middle East policy will go to the highest bidder
Trump is widely seen in the Gulf as a man without a clear vision for the region. His regional policy will be determined by the two most powerful foreign policy lobbies in Washington: the pro-Israel lobby on one side and the Gulf lobbies on the other. The crucial question will be to what extent the Gulf lobby networks will be able to pull together to achieve a common position on key regional issues such as Palestine as well as Iran and its ‘Axis of Resistance’.
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Apprehension in Iran as Trump returns to power
Donald Trump’s political comeback has sparked a deluge of mostly negative reactions in Iran. Many in Tehran—including hardliners—have expressed resentment at his return to the White House. However, some view Trump’s victory as an opportunity for Reformist President Masoud Pezeshkian to engage with the US.
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Saudi Tourism officially launches coastal super-destination
The Saudi Red Sea represents a pioneering effort in sustainable coastal development, encompassing a pristine 1,800-kilometre stretch of virgin coastline. This launch presents an extraordinary opportunity for superyachts, featuring cutting-edge infrastructure, dive sites, luxury accommodations and untouched natural landscapes. Red Sea Global, NEOM, Amaala, Jeddah Historical and KAEC were among the coastal destinations that were present on the stand.
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