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Recent stories from sustg
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Tadawul Up 11.2 Percent This Year, Funds Seen as Increasingly Bullish on Saudi Arabian Equities
- February 26,2015
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- SUSTG Team
After a rough second half of 2014, Saudi Arabia’s stock market, the Tadawul or TASI, has begun a bounce-back. The bourse is up 11.2 percent this year, and a recent Reuters survey of regional asset managers found bullishness in those polled about Saudi Arabia equities and the Tadawul. The current gains in Riyadh are the […]
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King’s Speech at Global Islamic Conference in Mecca to Counter Terrorism Urges Strategy
- February 23,2015
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- SUSTG Team
At the Global Islamic Conference that brought together scholars in Mecca, Prince Khaled Al-Faisal read a speech on behalf of King Salman in which the monarch urged the defeat of extremism and noted, “terrorists do not at all represent Islam.” “Many people have the misconception that terrorism is the main feature of Islam and Muslims,” […]
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Military Officials from 26 Nations Battling Daesh Begin 2-Day Summit in Saudi Arabia
- February 19,2015
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- SUSTG Team
Military officials from 26 nations descended on Saudi Arabia this week for a two-day meeting to discuss joint efforts to combat the self-styled Islamic State extremist group, or Daesh, in Iraq and Syria, according to the Saudi Press Agency. According to the Military Times, the head of the U.S. military’s Central Command, Gen. Lloyd Austin, […]
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Jadwa Investment: Healthy Growth in Consumer Spending; Strong Consumption Growth in 2015 Likely
- February 18,2015
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- SUSTG Team
A recently released note by Riyadh-based Jadwa Investment predicts strong growth in consumer spending on the back of recent spending announced in Royal Decrees. Jadwa: “December data showed healthy growth in both cash withdrawals from ATMs and point of sale transaction. Consumption growth in 2015 is likely to be strong following the recent Royal decrees. […]
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#FocusKSA Video: Theodore Karasik on Saudi Arabia’s Political Transition
- February 17,2015
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- SUSTG Team
Gulf-based expert and analyst Theodore Karasik discussed the political transition in Saudi Arabia following the death of King Abdullah and the transition to King Salman last week with SUSTG and SUSRIS in an exclusive #FocusKSA interview. Karasik noted that the transition “went very smoothly,” and added, “I think what caught all of us by surprise […]
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Saudi Arabia Evacuates Embassy in Yemen as Houthis Make Gains
- February 13,2015
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- SUSTG Team
Saudi Arabia has suspended operations at its embassy in Yemen and evacuated its staff as the security situation there deteriorates, various agencies are reporting. Sanaa, Yemen’s capital, is currently under control of a Shiite militant group, the Houthis, who have battled the Saudi government along its long border with the Kingdom for years. The AFP […]
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Recent Data Show Saudi Women Make Up Only 13% of the Workforce, Despite Representing 50% of All Graduates from Saudi Universities
- February 10,2015
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- SUSTG Team
Recently released figures from Saudi Arabia’s Central Department of Statistics show that Saudi women have a long way to go in achieving equality in the workforce in the Kingdom, a longstanding challenge with economic and social facets facing Saudi Arabia’s new King Salman bin Abdulaziz al Saud and Labor Minister Adel Al-Fakeih. The official statistics […]
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U.S. Merchandise Exports to MENA Slowing, But Still Record-Breaking in 2014, NUSACC Finds
- February 6,2015
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- SUSTG Team
A recently released study of government data by the National U.S.-Arab Chamber of Commerce (NUSACC) found another record-breaking year for American exports to the MENA region, but growth slowed in 2014 in what the organization called mixed results. NUSACC: “Exports of U.S. goods to the Middle East and North Africa (MENA) region set a new […]
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Saudi Arabia’s First Social Media King Salman Nets More than 450k Followers on Twitter Since Ascending to Saudi Throne
- January 29,2015
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- SUSTG Team
The citizens of the Kingdom of Saudi Arabia are some of the most active social media users in the world. Roughly 20% of the country is on Twitter and 25% is on Facebook, according to Statista. Upon King Abdullah’s passing, then Crown Prince Salman became Saudi Arabia’s first King to use social media publicly – […]
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Sfakianakis: Passing of King Abdullah and Advent of King Salman a ‘Time of Continuity’ in Oil Policy
- January 27,2015
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- SUSTG Team
Writing in MEES, a Middle East oil and gas weekly magazine, Saudi finance expert Dr. John Sfakianakis says that the transfer of power from King Abdullah to King Salman is likely to represent a continuation of Saudi oil policy, particularly with respect to production levels. “The passing of King Abdullah and the advent of King Salman […]
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MUST-READS
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Orlando Mass ShootingOrlando Sees Worst Mass Shooting On U.S. Soil: What We Know Monday
One day after a depraved attack on an Orlando, Fla., nightclub left 50 people dead and 53 more wounded, investigators are working to learn more about the man they say was the lone gunman in the case, Omar Mateen, who was killed at the scene.
- Washington Post - Orlando nightclub shooter worked at one of the world’s largest security firms
- Politico - Obama confronts a 'lone wolf' attack — again
- Newsweek - ISIS Radio Calls Orlando Shooter 'Soldier of Caliphate of America'
- Washington Post - A timeline of the deadliest shootings in American history
- Guardian - Pulse nightclub massacre: questions over how suspect on FBI's radar could buy guns
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Anti-ISIS CampaignU.S. military says it has killed more than 120 Islamic State leaders
The leadership attacks have picked up recently due to intelligence collected by special-operations teams on night raids, from captured militants and from intercepts of emails, cellphones and other communications.
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AfghanistanExclusive: Obama approves broader role for U.S. forces in Afghanistan
Obama's decision again redefines America's support role in Afghanistan's grinding conflict, more than a year after international forces wrapped up their combat mission and shifted the burden to Afghan troops.
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Anti-ISIS CampaignU.S.-backed forces tighten grip around Islamic State in Syria’s Manbij
U.S.-backed forces fighting Islamic State near the Syrian-Turkish border said on Thursday they had reached the militants' last main route in and out of their stronghold in the area, the city of Manbij.
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Iran SanctionsU.S. Said to Rebuff EU Bid to Shield Banks on Iran Sanctions
European Union governments have hit a wall with the U.S. in attempts to shield banks and companies that do business with Iran from the threat of financial sanctions.
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SyriaSyrian army, U.S.-backed forces advance separately against Islamic State
The offensives both got underway last week and are targeting Islamic State in areas of major strategic importance to its foothold in Syria, where it controls swathes of land up to the Iraqi border.
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Saudi Oil PolicySaudis Cut European Oil Prices, Increase Most U.S. Prices
Saudi Arabia cut oil prices to Europe and raised prices in the U.S. and Asia by less than expected as it continued its long-running battle to protect market share from resurgent Iranian exports.
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U.S. Middle East PolicyPerspective: Why U.S. diplomacy can’t fix the Middle East
But by the time I left government in 2003, I was a disillusioned diplomat and peace processor with serious doubts about what the United States could accomplish in the Middle East.
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Perspective: Why U.S. diplomacy can’t fix the Middle East
But by the time I left government in 2003, I was a disillusioned diplomat and peace processor with serious doubts about what the United States could accomplish in the Middle East.
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Supercritical CO2U.S., Saudi Arabia Announce International Collaboration on Supercritical CO2 Tech Development
The U. S. and the Kingdom of Saudi Arabia have announced the intention to establish an international consortium to promote the research, development, and demonstration (RD&D) of supercritical carbon dioxide (sCO2) power cycles.
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