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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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Women in Saudi ArabiaSaudi Religious Police Want Help Studying Unveiled Women
Saudi Arabia’s religious police are hiring people to study unveiled women and people who don’t pray.
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Women's HealthSaudi private sector encouraged to set up fitness centres for women
Saudi Arabia’s Shura [Consultative] Council on Monday called for encouraging the private sector to establish fitness centres for women.
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Manal Al-SharifSaudi activist jailed for driving says women ‘still being treated as slaves in 2017′
Manal Al-Sharif, who spent nine days in prison for flouting the ban in Saudi Arabia on women drivers, has spoken out about her ordeal.
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Women in the Workforce130% spike in Saudi women joining workforce; 11.1 million expats in private sector
Women now represent 30 per cent of the total Saudi work force in the private sector, up from just 12 per cent in 2011, the study said.
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Economic ReformsPerspective: How Economic Reform Will Help Women Drive In Saudi Arabia
This transition in male attitudes, coupled with the growth in the number of Saudi women entering the labor market and the clear benefits of having a two-income household amidst a period of economic transformation are game-changers that will, eventually, undermine the prohibition on women driving.
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Women DrivingUK ‘backstabbed’ women’s rights activists in Saudi Arabia, says woman jailed for ‘driving while female’
She accused the UK and other democratic governments who reportedly voted for Saudi Arabia to join the UN Commission for Women's Rights of damaging the struggle to end the country's guardianship scheme.
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Women in Saudi ArabiaWomen’s Rights Activist Detained in Saudi Arabia
Authorities in Saudi Arabia have detained prominent women’s rights activist Loujain al-Hathloul, Amnesty International first reported Monday. The 27-year-old Hathloul has openly criticized and challenged Saudi Arabia’s female driving ban, and was arrested and held for 73 days in 2014 after trying to drive from the United Arab Emirates into Saudi Arabia. The specific reasons for her most recent arrest are not clear.
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Women in Real EstateJLL encourages Saudi women to join real estate sector
JLL, a leading real estate investment and advisory firm, have signed an MoU with Effat University, a private non-profit institution of higher education for women in Saudi Arabia, that encourages students into the real estate sector.
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Saudi WomenSaudi women driving: Prince Faisal bin Abdullah says ‘no doubt’ it will happen
Prince Faisal Bin Abdullah, a member of the ruling family and a former Saudi education minister, said in an interview with a privately-owned TV channel this week that he had "no doubt" that women will drive.
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Women in Saudi ArabiaSaudi Arabia’s King Salman Eases ‘Guardianship’ Rules Against Women?
An order from the Saudi king allows women access to more services, barring a previous 'regulatory obligation' that requires them to have male guardianship.
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