SBG

Report: Saudi Binladin Group (SBG) to be Renamed and Resized after Rough Decade, Graft Allegations

A construction worker in Saudi Arabia speaks on his mobile phone at a construction site in Riyadh. Photo by Lucien Zeigler for SUSTG.
The one time leader in Saudi Arabia's construction market, Saudi Binladin Group, will be slimmed down and renamed, according to an exclusive Reuters report, which cited six sources familiar with the matter.

Saudi Arabia

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Detentions

Saudi Arabia frees leading women’s rights activist: Amnesty

Saudi Arabia has released veteran women’s rights activist Aisha al-Manea following her arrest last week with several other activists in a crackdown just weeks before ...

 

Detentions

Commentary: Internal Political Realignment Targets Saudi Women Activists

To make sense of this paradoxical situation, it is necessary to delve into the nature of political authority in Saudi Arabia: how it is transforming ...

 

Global Oil Markets

Russia and Saudi to discuss response to oil rally

Russia and Saudi Arabia will discuss how to respond to the recent spike in global oil prices, Russia’s energy minister has said, adding that the ...

 

Saudi Banks

Reform bonus for Saudi banks as profits surge

The banks have cumulatively reported a 7.5 percent year-on-year increase and an 18 percent quarter-on-quarter growth in net profit for the first quarter, thanks to ...

 

Saudi Currency

SAMA starts withdrawing SR1 notes from market

The SR1 banknote accounts for 49 percent of the volume of traded cash, as it is often dealt between people and rarely deposited into banks, ...

 

U.S. Military Sales

Pentagon Is Speeding Up Arms Exports to Saudi Arabia, Other Allies

The Pentagon is speeding up U.S. weapons deliveries to allied militaries such as Saudi Arabia, Romania, Japan, and South Korea through new “pilot authorities” that ...

 

U.S.-Saudi

U.S. Backing for Saudi War in Yemen Draws Congressional Concern

The Trump administration’s plan to sell more weapons to Saudi Arabia is running into new resistance in Congress, where lawmakers are raising concerns about the ...

 

Yemen Civil War

France, Saudi to hold Yemen humanitarian conference end June

France and Saudi Arabia will co-host an international conference on Yemen in Paris in June to assess humanitarian needs for the country and possibly contribute ...

 

War in Yemen

Saudi-led Coalition Destroys Houthi Boats Threatening Oil Tanker

The Saudi-led Arab military coalition destroyed on Wednesday two boats of the Iran-aligned Houthi rebels threatening a commercial oil tanker in the Red Sea, the ...

 

Houthi Missile Attack

Saudi Arabia shoots down Houthi missile from Yemen over Jazan

This is the second time this week the Houthi rebels target the southern city ...

 

Foreign Labor

785,000 foreigners lost their jobs in Saudi Arabia since 2017

According to data from the General Organization for Social Insurance (GOSI) , the number of foreign employees fell to 7.71 million at the end of ...

 

Law

Saudi courts recover $3.4bn after enforcing foreign rulings

Saudi enforcement courts have recovered more than $3.4 billion after imposing a number of foreign rulings. ...

 

Tourism

Saudi Arabia is preparing 120 tourist festivals this summer

The Commission also explained that the festivals will include culture, heritage, sports, adventure, youth, environmental, entertainment, and shopping events. ...

 

Saudi Reform and Al-Qaeda

Perspective: The Crown Prince of Riyadh vs. the Crown Prince of Jihad: Al-Qaeda Responds to Mohammed Bin Salman’s Reforms

If Salman’s reforms fall short or fail, al-Qaeda will seek to fill the void with a jihadist alternative that will have greater resonance, just as ...

 

Saudi +

Regional and related topics

Iran Nuclear Agreement

Iran lists tough conditions for Europe to save nuclear deal

Iran's supreme leader, Ayatollah Ali Khamenei, has given tough terms to Britain, France and Germany if they want to save the 2015 nuclear deal. Pledging ...

 

Syria

How a 4-Hour Battle Between Russian Mercenaries and U.S. Commandos Unfolded in Syria

The details of the Feb. 7 firefight were gleaned from interviews and documents newly obtained by The New York Times. They provide the Pentagon’s first ...

 

Egypt

Egypt’s population: Boom then bust?

gypt’s worrying population boom fails to generate the same headline attention as terrorist attacks, the impact of economic reforms on the poor, the country’s hyper-constrained ...

 

Travel to Iran

Perspective: What I Saw in Post-Nuclear Deal Iran

I’m just back from eight days in Iran. Before my trip the United States withdrew from the 2015 Joint Comprehensive Plan of Action, the nuclear accords, ...

 

U.S.-Israel

Israel to push for US recognition of occupied Golan Heights

Israel's intelligence minister has said US recognition of its sovereignty over the occupied Golan Heights is at the top of the agenda in its diplomatic ...

 

War in Yemen

France, Saudi to hold Yemen humanitarian conference end June

France and Saudi Arabia will co-host an international conference on Yemen in Paris in June to assess humanitarian needs for the country and possibly contribute ...

 

UAE

U.A.E. Foreign Ownership Law May Be More Limited Than You Think

A landmark law that will allow foreign investors to own 100 percent of companies in the United Arab Emirates will be limited to specific industries ...

 

Nuclear Power

U.S. and partners form international alliance to push nuclear power

The partners are Japan, Canada, Russia, South Africa, the United Arab Emirates, Poland, Argentina and Romania. ...

 

Koko Shirts

“Black Panther” koko shirts are popular this Ramadan in Indonesia

In Indonesia, viewers have noticed how closely some of the shirts seen in the movie resemble traditional koko shirts worn by Muslim men, especially during holidays ...

 

Global Oil Markets

Modi Has an Oil Problem – and Saudi Arabia Is Set to Make It Worse

India’s Prime Minister Narendra Modi has an oil problem. And it’s set to worsen with Saudi Arabia rooting for the commodity to push through the ...

 

Yemen Civil War

Sudan says committed to Yemen military campaign, weeks after signaling doubts

Sudan remains committed to a Saudi-led alliance fighting in Yemen, state news agency SUNA quoted President Omar al-Bashir as saying, three weeks after the Sudanese ...

 

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