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Recent stories from sustg
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Builder of “Largest Swimming Pool on the Planet” to Construct Lagoon, Golf Course in Saudi Arabia
- September 5,2014
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- SUSTG Team
Builders have already broken ground on a new $4 billion, 8-hectare project megaproject in Saudi Arabia, consisting of a large lagoon, the first Jack Nicklaus golf course in the Kingdom, and more as part of a larger development. The project, the Prince Sultan Cultural Centre (PSCC), is one of 8 mega projects the company has under development […]
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Desert Classic: Toyota’s Iconic Land Cruiser ’70’ to be Re-Released
- September 3,2014
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- Lucien Zeigler
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 […]
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FocusKSA: Rami Khouri on Critical National Security and Foreign Policy Issues for Saudi Arabia
- September 2,2014
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- SUSTG Team
Pat Ryan of SUSRIS talked with commentator Rami Khouri from the American University in Beirut about the crises sweeping the Middle East in this #FocusKSA discussion.
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Saudi Arabia Continues Extremist Crackdown: 88 Arrested ‘On the Verge of Carrying Out Operations’
- September 2,2014
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- SUSTG Team
The government of Saudi Arabia has arrested 88 it says were “on the verge of carrying out operations,” news agencies are reporting. The move is the latest in an ongoing crackdown on extremism. The arrests follow remarks made by King Abdullah over the weekend to foreign Ambassadors to Saudi Arabia in which the Custodian of […]
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A Tadawul Opening Road Map
- August 28,2014
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- Richard Wilson
Jadwa Investments is a well respected Shariah-compliant investment bank based in Saudi Arabia. Jadwa’s market studies and regular updates can be counted on to be highly informed and concise analyses of the topic at hand. Their monthly ‘Chartbooks,’ quarterly GDP updates, annual budget report and specific sector analysis are regular features on the Saudi-US Trade […]
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FocusKSA Video: Former U.S. Ambassador to Saudi Arabia James Smith on the King Abdullah Scholarship Program
- August 27,2014
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- SUSTG Team
The number of students participating in Saudi Arabia’s King Abdullah Scholarship Program has skyrocketed over the past decade from around 2,000 students in 2002 to over 80,000 today, comments former U.S. Ambassador to Saudi Arabia James B. Smith. In a recent FocusKSA (a joint Saudi-US Trade Group/SUSRIS.com initiative) interview with Pat Ryan, SUSRIS Editor-in-Chief, former U.S. […]
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‘A New Page’ for Diplomacy between Saudi Arabia and Iran?
- August 26,2014
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- SUSTG Team
In what may be another step in a growing thaw in Saudi-Iranian relations, Iran’s Deputy Foreign Minister Hossein Amir Abdollahian visited Jeddah, Saudi Arabia on Tuesday and met with Saudi Arabia’s Foreign Minister, Prince Saud al Faisal. In remarks to Reuters following the meeting, Abdollahian said that both countries agreed that “a new page” was […]
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Sfakianakis: Now is the Time for Energy Subsidy Reform in Saudi Arabia
- August 26,2014
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- John Sfakianakis
Annual energy subsidies in Saudi Arabia amount to $120 billion; roughly a quarter of all global energy subsidies combined. As with subsidies worldwide, those in Saudi Arabia are in place primarily for political and social reasons. Unfortunately, energy subsidies result in numerous and profound economic distortions that ultimately do not benefit the poor in particular […]
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Saudi Arabia’s Timely Push for Solar to Reduce Oil Consumption
- August 18,2014
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- Lucien Zeigler
It’s no secret that Saudi Arabia’s energy consumption is soaring, and that to meet increasing demand, the Kingdom is siphoning off more and more of its crude to power the booming Saudi economy. Although Saudi Arabia has plenty of oil, what is consumed to meet domestic power demand cannot be sold on the market. Writing […]
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‘Clash of Investment Cultures’ Awaits Foreigners in Saudi Stock Market
- August 15,2014
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- SUSTG Team
Marwa Rashad and Andrew Torchia report on the impact on the Saudi stock market in the wake of the announcement that the Tadawul will open to foreign investors, and interview stock trader Mohamed al-Otaibi on his current “shorter-term approach” to investing in the market:
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MUST-READS
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Vision 2030Saudi Arabia Economic Reform Is a Harder Sell in Heartland
Young Saudi entrepreneurs at a Riyadh conference last month mingled comfortably across the gender divide. They sat in beanbag chairs, listened to tales from the digital frontier, and took part in panels with titles like “Unpacking the Toolkit of Tomorrow” and “Own the Trendway.”
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Women in the WorkplaceWomen’s Labor Force Participation Across the GCC
This paper examines women’s integration in the labor force in the Gulf Arab states, paying special attention to differences in public and private sector employment, and national and migrant female labor participation.
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Lockheed MartinLockheed Martin to provide spares for Saudi F-15s
Lockheed Martin has received a $67 million contract from the U.S. Air Force to deliver spare parts for the Royal Saudi Air Force's F-15 fighters.
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Travel and TourismSaudi Arabia to start work on pilgrim airport at Taif
Work on Saudi Arabia’s new Taif International Airport will start within the next three months and be completed by 2020, according to local media.
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RailwaysLarge part of Gulf railway in Saudi completed
The conclusion of the 37th Gulf Cooperation Council (GCC) summit in Bahrain also saw moves to speed up the implementation of the major infrastructure project to link the Gulf countries through a train line to carry passengers as well as goods.
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U.S. Foreign PolicyObama defends his wartime strategy and laments Trump’s likely change of course
President Obama made a final public defense of his counterterrorism record at a military base in Tampa on Tuesday just hours before President-elect Donald Trump introduced his choice of a vocal Obama critic to lead the Pentagon at a rally in North Carolina.
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Iran and the GulfTougher Stance on Iran Should Reassure Washington’s Gulf Partners
With both sides talking tough, Congress seeking to strengthen the U.S. position, and the new administration poised to take a harder line toward Iran, at least some aspects of U.S. policy in the Middle East seem to be moving in a direction compatible with the perspectives of most of the Gulf Arab countries.
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Vision 2030Saudi Arabia’s Post-Oil Era Starts in Human Resources
A shock therapy is starting to hit home for a society that’s mostly known state handouts, cushy jobs and little reliance on private enterprise.
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OPEC Oil OutputJoint Kuwait-Saudi Oil Fields to Stick to OPEC Caps If Restarted
Kuwait and Saudi Arabia agreed that any resumption of crude production from shared oil fields along their border won’t raise their output beyond limits set at an OPEC meeting last week, according to two officials familiar with the talks.
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Dakota Access PipelineA Saudi Artist Hoists Flags at Standing Rock to Bring Attention to the Environmental Crisis
One Saudi artist sees parallels between the battle to stop the Dakota Access Pipeline and the impact of oil in his own country.
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