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Recent stories from sustg
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The Saudis on the ‘Arabian Business’ Power 500 List
- March 29,2013
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- Lucien Zeigler
The ArabianBusiness.com ‘World’s 500 Most Influential Arabs’ list for 2013 was released this week with the revelation that Saudi Arabia’s Prince Alwaleed bin Talal had topped the list for the 9th consecutive year. Although an impressive feat, there are 31 other Saudis on the list doing some amazing things in business, culture, the media and […]
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17-day long Janadriyah festival for Saudi Heritage and Culture to begin April 3
- March 27,2013
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- Lucien Zeigler
The 28th National Festival for Heritage and Culture at Al-Janadriyah showcasing the cultures and traditions of Saudi Arabia will open Wednesday, April 3, the Saudi Gazette reports. The festival is a display of Saudi culture and tradition. China is a guest country at the celebration, and will have a pavilion that is 2.000 sq. meters “at the […]
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Twitter Use Booms in Saudi Arabia: Infographic
- March 23,2013
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- Lucien Zeigler
Bit.ly, a link-tracking service company, published a comprehensive look at global social media use, which found that Saudi Arabia is rapidly embracing Twitter. “In this country, most of the social sharing happens on facebook and twitter, but what about in the rest of the world?” bit.ly asks on its company blog. The findings detail the number of […]
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Out There
- March 22,2013
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- SUSTG Team
Pat Ryan and his team at our sister site SUSRIS (say that fast five times) not only produce timely analysis and feature unparalleled current and historical resources pertaining to the Arabia and the larger Middle East they also find cool stuff like this.
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Unusual Video Footage Shows Saudi Arabia’s Grand Mosque Under Construction
- March 21,2013
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- Lucien Zeigler
Amazing footage of the ongoing construction at Mecca’s Grand Mosque surfaced on Facebook, showing the large-scale reconstructive efforts at the holy site in Saudi Arabia. The video, shot from what looks like a crane, shows worshippers circling the Kaaba with construction efforts ongoing at the mataf expansion not far away. The amateur footage shows the […]
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We’re here, can we come in? TASI and foreign investors
- March 20,2013
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- Richard Wilson
The figurative lobby to the Tadawul All Shares Index (TASI), Saudi Arabia’s stock market, is filling up with eager investors. Intrigued by the $387 billion Saudi stock market (three times the UAE bourses combined) and the $727 billion Saudi economy, many of them think… Brazil; whose fully accessible stock market’s capitalization exceeds $1 trillion. While […]
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First of 84 new Boeing F-15SAs bound for Saudi Arabia Tested as U.S.-Saudi Military Relations Remain Active
- March 18,2013
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- Lucien Zeigler
UPI.com reports that the first new Boeing F-15SA completed a successful test flight last month in the United States. The report quotes Lt. Gen. C. D. Moore II, the commander of the Air Force Life Cycle Management Center, who said, “The successful first flight of the F-15SA is a tremendous milestone for the program and […]
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The Stunning Photos of Sultan Al-Ghamdi
- March 18,2013
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- SUSTG Team
Elephant Rock, Devil’s Head Mountains, Desert Waves… These are some of the evocative names given to his Saudi landscape photos by Sultan Al-Ghamdi. Qusay Fayoumi describes him as ‘talented and hardworking.’ Take a look for yourself at Sultan’s Flickr page by clicking here. Below are three of the featured photos, but be sure to check […]
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The Saudi Economy 2013 and Investment Opportunities – CIT
- March 18,2013
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- SUSTG Team
The Committee for International Trade is active in many countries promoting Saudi trade. In the United States it is a primary organizer of the US-Saudi Business Opportunities Forums that have been held in Chicago (2010) and Atlanta (2011). The third in this series will be announced soon. The Secretary General of CIT, Mr. Omar Bahlaiwa, […]
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2013 SACM Career Fair to Begin May 24 at the Gaylord Hotel, will host at least 8,000 Graduates
- March 16,2013
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- Lucien Zeigler
SACM’s Career Fair will take place on May 24th, 2013 at the Gaylord National Harbor just outside of Washington, D.C., according to the Saudi Cultural Attache’s Office at the embassy in Washington. The joint graduation and career fair is an impressive event, in which graduating Saudi students descend on the U.S. capital to celebrate their […]
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MUST-READS
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Saudi sovereign wealth fund pitches kingdom as AI hub
The head of Saudi Arabia's Public Investment Fund (PIF) on Thursday pitched the kingdom as a prospective hub for artificial intelligence activity outside the United States, citing its energy resources and funding capacity. "We are fairly well positioned to be an AI hub outside of the U.S.," said PIF Governor Yasir Al-Rumayyan, speaking at a Miami investment event sponsored by the sovereign wealth fund.
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US warns Iran against providing ballistic missiles to Russia
The Biden administration on Thursday warned Iran of a "swift and severe" response from the international community if Tehran provided ballistic missiles to Russia, after Reuters reported earlier this week that the Islamic Republic shipped the powerful weapons to Moscow. Speaking at a virtual briefing with reporters, White House National Security spokesperson John Kirby said Washington has yet to see confirmation that missiles have moved from Iran to Russia.
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Israel’s Netanyahu presents first official post-Gaza war plan
According to the document, presented to members of Israel's security cabinet on Thursday and seen by Reuters on Friday, Israel would maintain security control over all land west of Jordan, including the occupied West Bank and Gaza - territories where the Palestinians want to create an independent state. In the long-term goals listed, Netanayhu rejects the "unilateral recognition" of a Palestinian state. He says a settlement with the Palestinians will only be achieved through direct negotiations between the two sides - but it did not name who the Palestinian party would be.
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Saudi Arabia Hotel Market Poised for Exceptional Growth with Projected US$ 62.57 Billion Value by 2030
The latest comprehensive analysis of Saudi Arabia's hotel industry encapsulates the meteoric rise anticipated for the sector, forecasting a market value swell to US$ 62.57 billion by 2030. The research divulges critical trends, growth trajectories, and opportunities within the Saudi Arabian hospitality market, contextualized within the broader framework of the Kingdom's Vision 2030 goals.
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Endangered native animals released in Saudi reserve
Fourteen Arabian oryxes and 40 Arabian sand gazelles have been released into the Gharameel nature reserve by the the National Center for Wildlife. The conservation effort at Gharameel, located 60 km north of AlUla, took place with cooperation from the Royal Commission for AlUla. The reserve features unique biodiversity throughout its rock and sand formations, and hillsides.
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Al Nassr advances to AFC Champions League quarter-finals
In a riveting Round of 16 second leg at Al Awwal Park on Wednesday, Al Nassr secured their spot in the AFC Champions League 2023/24 quarter-finals with a 2-0 victory over Al Fayha. The win sets up a highly anticipated clash with the United Arab Emirates' Al Ain FC for a place in the semi-final.
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Late own goal takes Al-Ittihad into all-Saudi Asian CL quarters clash
Toma Tabatadze's late own goal spared Karim Benzema's blushes as the defender gifted Saudi Arabia's Al-Ittihad a 2-1 win over Navbahor of Uzbekistan on Thursday to set up an Asian Champions League quarter-final meeting with compatriots Al-Hilal. The French striker headed Jamshid Iskanderov's free kick into his own net in the 25th minute to give the visitors the lead in Jeddah, with the teams going into the tie level after a scoreless draw in the first leg last week.
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Saudi golfer Faisal Salhab has impressive opening round at $2m International Series Oman
On a tricky Al-Mouj Golf Club course in the opening round of the $2 million International Series Oman, Saudi Arabia’s Faisal Salhab got off the mark with a solid 1-under par 71 round.
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Saudi Tadawul Group Holding Company’s top owners are sovereign wealth funds with 60% stake, while 35% is held by individual investors
A look at the shareholders of Saudi Tadawul Group Holding Company (TADAWUL:1111) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are sovereign wealth funds with 60% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
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The Saudi Cup secures international coverage
The Saudi Cup 2024 – the world’s most valuable horse race – will be shown live by over 30 broadcasters with a reach that targets all corners of the globe for the $20 million contest. Now entering its fifth year, the Group 1 Saudi Cup is established as one of horse racing’s premium international events. This is reflected by the growing list of major linear and OTT broadcasters who will access an array of media packages. The IMG-produced World Feed will be presented by Nick Luck and Michelle Yu and document the full February 24th card, with six Group races and a $33.5million total prize pot. The event will conclude with a 60-minute ‘Golden Hour’ programme that focuses on the cultural and sporting elements of the Saudi Cup.
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