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Recent stories from sustg
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Report: Saudi Aramco Considering Tokyo For International Listing
- August 30,2019
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- SUSTG Team
Saudi Aramco is considering Tokyo as the international destination to list its shares, according to an exclusive report in The Wall Street Journal on Thursday. Saudi Aramco is “considering a plan to split the world’s largest IPO into two stages, offering a portion of its shares on the Saudi stock exchange later this year and following up […]
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Secretary Pompeo, Saudi Deputy Defense Minister Prince Khalid bin Salman Meet in Washington
- August 29,2019
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- SUSTG Team
Secretary of State Mike Pompeo and Saudi Deputy Defense Minister Prince Khalid bin Salman met in Washington D.C. yesterday to discuss the ongoing war in Yemen and other U.S.-Saudi defense related topics. “On Yemen, the Secretary reiterated U.S. support for a negotiated resolution between the Republic of Yemen government and the Southern Transitional Council, and thanked […]
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Almarai Company Solar Project Set to be Kingdom’s Largest, For Now
- August 22,2019
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- SUSTG Team
Saudi Arabia food and beverage conglomerate Almarai has completed a solar project which is being billed as Saudi Arabia’s largest to date, according to a report. The 15MW Al Kharj Solar project, built at a cost of SAR44.4 million (around $12 million), will generate 28GWh of solar power every year, according to the company. Almarai said Al […]
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Saudi Aramco Reports $47 Billion in Earnings; Plans to Buy Reliance Refining Stake
- August 12,2019
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- SUSTG Team
In its first-ever half-year earnings report, Saudi Aramco said the company had earned a net income of $46.9 billion in the first half of 2019, a 12 percent decrease from $53 billion in the period a year earlier, when oil prices were higher. Saudi Aramco partly attributed the decline in net income to a 4% fall in the average […]
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Senate Fails to Override Trump’s Veto of Saudi and UAE Defense Sale Bans
- July 30,2019
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- SUSTG Team
The U.S. Senate failed to override President Donald Trump’s vetoes of legislation passed by Congress that would have blocked the sales of certain weapons to Saudi Arabia and the United Arab Emirates, meaning the transactions may proceed forward. Supporters of the ban won a voice vote of 45-40 in the Senate, roughly 21 votes short of […]
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Trump Vetoes Three Bills Limiting U.S. Military Sales to Saudi Arabia and UAE
- July 25,2019
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- SUSTG Team
President Trump vetoed three congressional resolutions aimed at blocking his administration from selling billions of dollars of weapons to Saudi Arabia and the United Arab Emirates. “This resolution would weaken America’s global competitiveness and damage the important relationships we share with our allies and partners,” the president said in a statement on Wednesday. The arms package included […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 4: The Rock Art of the Ha’il Region
- July 19,2019
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- SUSTG Team
Aramco Expats, an online blog that is a resource for current and former Saudi Aramco expatriates and their families, recently published a series of excellent blog posts on the seven wonders of the Arabia – the best heritage sites and historical places in the Kingdom. In the fourth installment of the series of seven, Aramco Expats chose the […]
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Saudi Arabia approves new tendering and procurement law – report
- July 17,2019
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- SUSTG Team
Saudi Arabia’s government has approved a law to improve the way it procures contracts and services “by saving money, making the process fairer, and boosting local bidders,” Reuters reports, citing information from the Ministry of Finance. The new Government Tendering and Procurement law is an “important measure” within Vision 2030 reforms as it helps to improve the […]
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Dates Set for Saudi Arabia’s Future Investment Initiative 2019
- July 5,2019
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- SUSTG Team
Saudi Arabia’s Future Investment Initiative (FII) will take place from 29-31 October in Riyadh, the event’s official Twitter page said in an announcement. Dubbed “Davos in the Desert,” the FII brings together world leaders, investors and innovators will explore the opportunities, trends, and challenges shaping the global investment landscape. Attendees will gather to “continue to discuss the […]
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Aramco Expats’ The Seven Wonders of Arabia, a Tribute to the Kingdom’s Remarkable Heritage Sites – Part 3: Ad Diriyah
- June 28,2019
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- SUSTG Team
Over the course of seven weeks, SUSTG is publishing a series of posts highlighting the seven wonders of Arabia as selected and featured by AramcoExpats.com, an online blog that is a resource for current and former Saudi Aramco expatriates and their families. As the Kingdom prepares to open itself up to more visitors and boost its tourism industry in line with Vision […]
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MUST-READS
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Battle of Marj DabiqExactly 500 Years Ago, This Battle Changed the Middle East Forever
This month marks the five hundredth anniversary of one of the most important of these battles, the Battle of Marj Dabiq, between the Ottoman Empire and the Mamluk Sultanate of Egypt, the Levant and the Hejaz.
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Muslim WomenYes, Muslim women face discrimination – but they’re pushing for change
Large numbers of Muslim women in Britain argue that it is the intersecting effects of Islamophobia, including public stereotyping and male-dominated interpretations of Islam from within Muslim communities or assumptions made by non-Muslims, which constrain them.
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Climate ReportingThe Unique Burden of Covering Climate Change in the Middle East
And as climate change keeps putting the squeeze on water and arable land, social tensions over resources will only increase — which is how climate reporting can get very tense very fast.
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SyriaAs Syria Transition Date Passes, US Makes No Policy Change
The United States outlined no change in its Syria policy as a target date for a political transition passed Monday, despite warning a few months ago that no progress would lead to a more muscular approach for ending the 5½-year-old civil war.
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Climate ChangeClimate change risk threatens 18 U.S. military sites: study
Rising sea levels due to hurricanes and tidal flooding intensified by climate change will put military bases along the U.S. East Coast and Gulf Coast at risk, according to a report released on Wednesday.
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Saudi-IsraelIn Saudi Delegation’s Visit to Jerusalem, Signs of Broader Changes
It stands out that the Saudis did not call for Israel’s blanket acceptance of the 2002 initiative. Prime Minister Benjamin Netanyahu has spoken about his willingness to accept the Saudi plan–with modifications. This visit reflects far more change in Saudi views than those in Israel.
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Real Estate in the UAESaudi developer Artar aims to change face of Dubai housing
One of Saudi Arabia’s leading real estate development companies believes its first venture in the UAE can help mould the changing face of Dubai residential property over the next few years.
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Turkey Coup AttemptTweeting Turkey, or how social media may have fundamentally changed the future of coups
On Friday, I received an alert on my phone that a coup attempt was underway in Turkey. Rather than turn on the TV — or even open the app of the newspaper that sent me the alert — I went directly to Twitter.
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Prince Turki Al-FaisalPerspective: Saudi talk of ‘regime change’ takes hostility to Iran to new level
Turki accused the Islamic Republic of destabilising the Middle East and “spreading chaos”. He even said that he hoped to see the fall of the regime - in the familiar phrase of the Arab spring uprisings.
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Sarah AttarIn conservative Saudi Arabia, 2012 Olympian Sarah Attar sees rumblings of change
On a visit in 2011, as they tell it, Sarah wished to go for a run, so Amer helped her dress as if she were male and took her to a coastal road along the Jeddah Corniche.
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