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#FocusKSA: Jadwa Investment’s Head of Research Fahad al-Turki on the Saudi Economy
- October 21,2014
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- Richard Wilson
In another edition of the FocusKSA discussion series, Saudi-US Trade Group President, Richard Wilson, speaks with Jadwa Investment’s Head of Research, Dr. Fahad al-Turki, about the Saudi economy and investment in the Kingdom (Part 1, video below) as well as the planned opening of the Saudi stock market to qualified foreign investors (Part 2 to be […]
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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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Cracking the Online Payments Puzzle in MENA
- October 20,2014
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- Khaldoon Tabaza
Online payments have been at the center of electronic commerce challenges in the Middle East and North Africa since the first regional e-commerce sites came online. In many cases, they’ve kept both investors and founders worried about venturing into e-commerce businesses, and prevented many consumers from enjoying the benefits. Research shows that 47% of people […]
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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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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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Saudi Aramco: Not Your Ordinary NOC
- October 8,2014
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- Richard Wilson
Last month Saudi Aramco opened a 50,000 square foot, state-of-the-art research center in Houston that Saudi Aramco President and CEO, Khalid Al-Falih called, “an upstream research center like no other.” It will be an extension of Saudi Aramco’s Exploration and Petroleum Engineering Center’s Advanced Research Center (EXPEC ARC) and it’s Research and Development Center both […]
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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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Saudi-SyriaSaudi King Salman meets Syrian opposition leader Riad Hijab
Custodian of the Two Holy Mosques King Salman received Riad Hijab, general coordinator of Supreme Commission for Negotiations of the Syrian Revolutionary and Opposition Forces.
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Saudi-KazakhstanSaudi King, President of Kazakhstan Showcase Bilateral Relations
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz held at Al-Yammamh Palace a session of official talks with President Nursultan Nazarbayev of Republic of Kazakhstan.
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Saudi Bond IssueSaudi Bond Coup Seen Strengthening Banks Seeking Aramco IPO Role
Banks that helped Saudi Arabia raise a record $17.5 billion last week will next turn to an even bigger prize: landing a role on the potential $100 billion initial public offering of Saudi Arabian Oil Co.
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Saudi-IranIranian ‘attempts to smuggle weapons into Kingdom foiled’
In its efforts to stop the smuggling of weapons, Saudi Arabia has busted terrorist cells related to Iran which smuggled weapons and explosives into the Kingdom, Bahrain and Kuwait.
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MosulBattle for Mosul: Iraqi army making advance
Kurdish Peshmerga forces and the Iraqi army are making advances on different fronts as they push towards the ISIL stronghold of Mosul, but they are facing stiff resistance, and elsewhere in Iraq, ISIL has staged counterattacks.
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Hague ConferenceThe Kingdom of Saudi Arabia becomes the 82nd Member of the Hague Conference
The Kingdom of Saudi Arabia becomes the 82nd Member of the Hague Conference
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Saudi OgerSaudi Oger seeking buyers for $1 billion Arab Bank stake
Saudi Oger has begun talks with potential buyers for its 20.93 percent stake in Arab Bank in a deal that could raise about $1 billion for the embattled construction giant, sources aware of the matter told Reuters.
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Russian HackersThe US Accused Russia of Hacking. What Happens Next Will Set a Cyber War Precedent
It will be difficult to assign responsibility without revealing intelligence capabilities, and attribution may allow Russia to patch vulnerabilities and result in the loss of U.S. defensive and offensive capabilities.
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IraqEx-PM Maliki making comeback as Iraq’s most powerful man
Nuri al-Maliki is once again positioning himself as Iraq's most powerful man, poised to return as kingmaker in a fight for influence that could decide Iraq's fate as a unified country after the coming battle to recapture Mosul from Islamic State.
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LibyaMaking Libya’s economy work again
In a country of 6 million people, there are an estimated 20 million weapons in circulation. The armed forces no longer exist as any sort of coherent entity, in spite of efforts by some Western countries to help train security forces.
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