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Saudi Arabia’s Energy Pivot to Asia ‘May Result in Lower Crude Prices’, Analyst Predicts
- September 30,2014
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- SUSTG Team
Saudi Arabia is starting to focus more on Asian destinations for its crude, which may result in lower costs to the region, writes Clyde Russell in a Reuters analysis. “The Saudis aren’t exactly retreating from the North American and European markets, but they seem to have read in the tea leaves the trend that physical […]
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‘Security, Lack of Co-Operation’ to Blame in Delay of Newcomers to Saudi’s Mobile Market, Report Finds
- September 24,2014
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- SUSTG Team
Reuters reports that state security requirements and a lack of co-operation from Saudi Arabia’s existing telecom operators have delayed the launch of two new mobile companies until later this year, citing their chief executives. “VMMEA in March said it hoped to launch services in the first half of 2014, while Mobily initially said its Jawraa’s […]
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Long Taboo, Cinema to Return to the Kingdom of Saudi Arabia
- September 19,2014
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- Lucien Zeigler
Saudi Arabia will relax its ban on cinema and film-related activities in the Kingdom, according to reports. The change didn’t come with an announcement, but rather, with an adjustment to a feature on the Ministry of Labor’s web portal for entrepreneurs, according to Arab News. Information on how to register for cinema licenses is now […]
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#FocusKSA: Mark N. Katz Discusses Regional Challenges for the Arabian Gulf States
- September 18,2014
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- SUSTG Team
SUSRIS’ Pat Ryan spoke with George Mason University’s Mark N. Katz, who recently attended the “Arabian Gulf and Regional Challenges” conference that took place September 16-17, 2014, in Riyadh.
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‘Changing Tack’: Saudi Arabia Cushions Labor Reform with New Hours, Subsidies
- September 5,2014
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- SUSTG Team
A new draft labor law in Saudi Arabia “would limit working hours at companies to entice new employees” and includes adjustments to recent rules, according to a Reuters report. That report, a thorough look at Nitaqat reform in the Kingdom, found that reforms have had mixed results: [Read the full report from Reuters]
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C3 US-Arab Business Summit Set for October 6, 2014 in New York City
- September 4,2014
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- SUSTG Team
Since 2012, C3 Summit, in collaboration with the US State Department, US Chamber of Commerce and the US Department of Commerce, has been producing US-Arab Summits focusing on healthcare, commerce and economic development between the Arab region and North America. Given the continuing growth and importance of the business sector to both regions, C3 has developed the US-Arab […]
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Saudi Arabia Continues Extremist Crackdown: 88 Arrested ‘On the Verge of Carrying Out Operations’
- September 2,2014
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- SUSTG Team
The government of Saudi Arabia has arrested 88 it says were “on the verge of carrying out operations,” news agencies are reporting. The move is the latest in an ongoing crackdown on extremism. The arrests follow remarks made by King Abdullah over the weekend to foreign Ambassadors to Saudi Arabia in which the Custodian of […]
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King Abdullah’s Message to the World: Destroy the Islamic State Before It Spreads to the West
- August 30,2014
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- Lucien Zeigler
At a meeting for new diplomats in Riyadh, Saudi Arabia’s King Abdullah warned that the Islamic State (also known as ISIS or ISIL) may spread to Europe and the United States if it is not first destroyed in Iraq and Syria. According to the AFP/Yahoo, King Abdullah made the blunt remarks at a welcoming ceremony on Friday for […]
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A Tadawul Opening Road Map
- August 28,2014
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- Richard Wilson
Jadwa Investments is a well respected Shariah-compliant investment bank based in Saudi Arabia. Jadwa’s market studies and regular updates can be counted on to be highly informed and concise analyses of the topic at hand. Their monthly ‘Chartbooks,’ quarterly GDP updates, annual budget report and specific sector analysis are regular features on the Saudi-US Trade […]
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Formidable
- August 28,2014
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- Richard Wilson
Although many in the intelligence community assert that American (at least) foreign policy leaders had been alerted to the threat of re-emerging Sunni extremism in Iraq, the seemingly sudden appearance of ISIS (also Islamic State, IS, ISIL or Da’ish) in June 2014 has forced the United States along with its regional allies, Europe and even […]
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MUST-READS
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EUEU lawmakers call for Saudi arms embargo despite lobbying
In a resolution, the legislators called for the EU's foreign policy chief Federica Mogherini "to launch an initiative aimed at imposing an EU arms embargo against Saudi Arabia."
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Saudi-EUEuropean Parliament calls for Saudi arms embargo
The European Parliament called on the European Union to impose an arms embargo against Saudi Arabia Thursday, saying Britain, France and other EU governments should no longer sell weapons to a country accused of targeting civilians in Yemen.
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TurkeyTurkish army presses crackdown on Kurdish militants, Europe worried over rights
Turkey's military said on Monday it had killed 14 militants in a drive against the outlawed Kurdistan Workers Party (PKK) in the southeast as an envoy from the European parliament denounced what she said were rights abuses by Ankara.
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MilitaryEU lawmakers to vote on banning arms sales to Saudi Arabia
European Union lawmakers are gearing up for a vote Feb. 25 on whether to call for an embargo on weapons sales to Saudi Arabi
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Refugees: EUEU’s East wants plan to seal Greek border if Turkey deal fails
"We are waiting for the results of the EU-Turkey pact," Slovak Prime Minister Robert Fico said Monday. "There are attempts to make it work. But if this attempt fails, we won't have an alternative other than drawing a new Schengen border. Our stance in Brussels will be that we want a plan B.
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SyriaComment: What the Fall of Aleppo Would Mean for the Syrian Civil War and the Future of Europe
An unnamed U.S. defense official told The Daily Beast’s Nancy Youssef that “the war is essentially over” if Assad manages to seize and hold Aleppo.
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ME EntrepreneurshipEntrepreneurship is flourishing in the Middle East, says study
The survey of nearly 500 regional executives found that the Middle East is seen as a growing market for entrepreneurship, with more than two thirds (71.4 percent) of respondents describing the sector growth as ‘steady’, ‘fast’ or ‘very fast’.
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U.S. Defense BudgetObama’s Last Defense Budget Adds Funds for Europe, Counterterrorism
President Barack Obama's last defense budget proposal totals $583 billion and marks a legacy document that seeks to prolong a fundamental shift in the ways the nation prepares for and fights wars -- changes for which he has advocated with mixed results.
- Washington Post - In the Pentagon's new budget, the Air Force won and the Navy and Army lost
- Defense One - White House Wants to Revamp Cybersecurity In New $19B Plan
- The Hill - Spies ask for increase in 'black budget'
- Defense One - What Obama’s Air Force Budget Request Says About the Future of Warfare
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Refugees: EUEU unveils plan to curb funding to extremists
The proposals aim to track extremists as they move money or assets and limit their ability to raise funds by targeting their sources of income.
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HospitalityMiddle East invests $5.2bn in European hotels
Buyers from the Middle East invested a total of €4.79 billion ($5.22 billion) in hotels in Europe over the past two years, according to real estate consultancy CBRE.
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