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Recent stories from sustg
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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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Incredible Photos from North Dakota’s Oil Boom
- March 15,2013
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- SUSTG Team
For fans of high quality photographs, Alan Taylor’s In Focus blog hosted at TheAtlantic.com is worth following. Taylor regularly compiles stunning images on a wide range of subjects, and most recently had excellent posts on the conflict in Mali, the do-it-yourself weapons of Syrian rebels, one man’s journey to Iran, and many others. The blog’s latest collection […]
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Cyberattacks are nation’s top security threat
- March 13,2013
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- SUSTG Team
Yesterday, Director of National Intelligence, James Clapper, testified before the Senate Intelligence Committee’s annual hearing on worldwide threats. Mr. Clapper prioritized the threat of cyber attacks above all other threats. “Our statement this year leads with cyber, and it’s hard to overemphasize its significance,” said Clapper, reading a statement on behalf of himself, FBI Director […]
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Al-Rabiah to Promote Saudi Auto Industry in U.S.
- March 13,2013
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- Lucien Zeigler
The U.S.-Saudi Arabian Business Council (USSABC) issued a press release today to announce a new conference in Michigan to promote the Saudi auto industry. H.E. Tawfiq al Rabiah, the Saudi Minister of Commerce and Industry, is listed as a confirmed speaker of the event, which will “bring together senior Saudi Government officials, major Saudi industrialists, […]
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MUST-READS
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HezbollahLebanon’s Hezbollah acknowledges battling the Islamic State in Iraq
The leader of Lebanon’s Hezbollah movement acknowledged for the first time Monday that the Shiite militia has sent fighters to Iraq, and he urged Arab states throughout the region to set aside sectarian rivalries to confront the threat posed by the Islamic State.
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Pakistani TalibanTaliban hit Shiite mosque in Pakistan, killing 19
Militants stormed a Shiite mosque in northwestern Pakistan on Friday, killing 19 people in a wave of shooting and explosions before the siege ended, officials said. The attack in the city of Peshawar also wounded more than 40 people, according to Provincial Information Minister Mushtaq Ghani. There was intense shooting in the immediate aftermath of the explosion he said, but the violence was now over.
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Saudi-LebanonSaudi/French arms shipment to Lebanon to arrive in April
The Saudi grant, which was announced on Dec. 29, 2013, is now more than 400 days old, and the senior French official chose the only day regarded by both the Lebanese and the French as a joke to implement it.
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Banking and FinanceSaudi Hollandi Bank proposes 20% capital hike to support growth
Saudi Hollandi Bank has proposed increasing its capital by 20 per cent through a bonus share issue for funding business activities and growth, the lender said in a statement.
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Saudi Women DrivingTwo Saudi Women Who Were Detained for Defying a Driving Ban Have Been Freed
Two women’s-rights campaigners from Saudi Arabia, who were detained for defying a ban on female driving, have been released after spending two months in prison, a fellow activist said on Friday.
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SubsidiesSaudi central bank chief calls for energy subsidy reform
In a speech published on the central bank's website late on Sunday, Fahad al-Mubarak gave no indication that the government actually planned concrete action. Any subsidy reform would be politically sensitive, so authorities have largely held back from it for years.
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U.S. Tax PolicyHSBC the latest bank to implement FATCA
“International banks have no choice. Compiling with FATCA is compulsory,” said one banker privately because he is not allowed to talk to press. “Our headquarters and regulators compel us to implement the policy,” he added.
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ISIS and KobaneWhy ISIS Did Not Entirely Lose in Kobane
But ISIS still found in the anticipated military loss in Kobane a strategic advantage: Fissures had begun to emerge within the ranks of ISIS fighters inside Syria, especially along national and ethnic lines but also among Syrian members of the organization. The leadership of the Islamic State had begun executing dissidents who had either questioned its leadership or had been seen as a cause of fracture among its different multinational brigades. Knowing that anyone sent to Kobane would face almost certain death, ISIS arranged for those members it wanted to get rid of to be assigned to Kobane. ISIS therefore used Kobane as a legitimate cover to “purify” its ranks.
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LibyaLibya revokes bill which banned Gaddafi-era officials from office
Libya's internationally recognised parliament has revoked a controversial law which banned Gaddafi-era officials from taking part in politics. The law was passed under duress in 2013 when MPs were being besieged by armed groups in the capital Tripoli.
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KobaniIslamic State in Syria withdrawing from Kobani outskirts: monitor
Islamic State militants are withdrawing from areas around the Syrian town of Kobani, a group monitoring the war said on Monday, after Kurdish and Arab fighters met little resistance as they seized new ground overnight.
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