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Jadwa Investment Sees Non-Oil Sector Growth in Saudi Arabia at 2.4% in 2019
- July 11,2019
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- SUSTG Team
A recent report issued by Jadwa Investment shows expected growth in the non-oil sector at 2.4 percent in 2019, compared to 1.7 percent in 2018, and forecasted 2020 non-oil sector growth at 2.7 percent. “Our economic forecast for the Kingdom has been revised down wholly on the account of developments related to the oil market…On the non-oil side, however, we see […]
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Another Houthi attack on Saudi Arabia’s Abha airport leaves nine injured
- July 2,2019
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- SUSTG Team
A Houthi drone attack on Saudi Arabia’s Abha airport has injured nine civilians on Tuesday, the latest in a series of recent cross-border terrorist attacks by the Iran-backed group in Yemen. Eight Saudis and one Indian citizen were injured in the attack. The Houthis have recently stepped up attacks against targets in Saudi Arabia, which is […]
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In Saudi Arabia, Pompeo Seeks ‘Global Coalition’ On Iran; Dines at Nobu Popup with Crown Prince
- June 25,2019
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- SUSTG Team
Secretary of State Mike Pompeo visited Saudi Arabia on Monday in the first stop of a trip to the Gulf region to build a “global coalition” on Iran and express support for the security of Saudi Arabia. Pompeo held two separate meetings with King Salman and Crown Prince Mohammed bin Salman, photos show. Pompeo called the United States and […]
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Declines in Saudi unemployment continue as more women join workforce, report says
- June 19,2019
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- SUSTG Team
A recently-released Jadwa Investment report on the Saudi labor market highlights gains made in edging down the Saudi unemployment rate, especially for women and youth in the Kingdom. According to Jadwa, The latest General Authority for Statistics (GaStat) labor market release for Q1 2019 shows that unemployment declined to 12.5 percent, reaching its lowest rate since […]
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Saudi Arabia’s Crown Prince Mohammed bin Salman Gives Interview to Asharq Alawsat, Addresses Iran Aggression
- June 17,2019
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman gave an interview to the Saudi-owned, London-based Asharq Alawsat newspaper and discussed recent attacks on oil tankers and on the Kingdom’s southern border, saying Saudi Arabia does not want a war in the region, but stressed that it “will not hesitate in dealing with any threat against our people, sovereignty […]
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More Weaponized Drones Launched at Saudi city of Khamis Mushayt from Yemen, Two Shot Down
- June 11,2019
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- SUSTG Team
Saudi Arabia’s air defense forces shot down two “weaponized drones” launched by Houthis from Yemen toward the city of Khamis Mushait, a spokesman for the Arab Coalition supporting Yemen’s legitimate government said early Tuesday. In a statement carried by the Saudi Press Agency (SPA) and carried by Arab News, Colonel Turki Al-Maliki said the attack […]
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Shawwal Crescent Sighted, Eid to be Celebrated Tuesday
- June 4,2019
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- SUSTG Team
The Saudi Royal Court said the Shawwal crescent moon was seen in Saudi Arabia on Monday, meaning the festival of Eid al-Fitr will officially begin on Tuesday. Celebrations and observances began across the Kingdom of Saudi Arabia today. Eid al-Fitr celebrations follow the sighting of the Shawwal crescent moon. It marks the end of the holy month of Ramadan and the fasting of […]
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Saudi Arabia Jumps 13 Places to 26th Overall in IMD World Competitiveness Ranking
- May 29,2019
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- SUSTG Team
Saudi Arabia jumped 13 places in one ranking on world competitiveness as the Kingdom’s economic reforms continue to gather steam. 63 countries participated in the IMD World Competitiveness Yearbook 2019 issued this week. Saudi Arabia was 26th overall in the ranking, and the 7th most competitive country among its G20 peers. IMD highlighted Saudi investment in education, […]
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Tensions Simmer in the Gulf as Kingdom Says it Wants to Avoid War but ‘Will Respond Firmly and Decisively to Any Threat’
- May 20,2019
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- SUSTG Team
Tensions simmered with Iran over the weekend as Saudi Arabia, the United States and allies made it clear war should be avoided at all costs but that they would respond to security threats and defend their interests if necessary. Following last week’s two attacks on key Saudi energy targets, which the Kingdom blames on Iran and […]
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Saudi Arabia’s Sipchem, Sahara Eye U.S. and Asia Deals after Merger – Report
- May 14,2019
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- SUSTG Team
Saudi International Petrochemical Co (Sipchem) and Sahara Petrochemical “plan to target acquisitions and joint ventures in the United States and Asia when their merger is completed in order to expand market reach,” Reuters reports, citing top executives. Sipchem signed a non-binding agreement to buy Sahara Petrochemicals Company in a deal valued at 8.25 billion riyals ($2.2 […]
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MUST-READS
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Islamic Military AlliancePerspective: Is Saudi Arabia building an ‘Islamic NATO?’
From their vantage point, this coalition might in fact be a reaction to what they perceive as the international community's (under US leadership) largely ineffective campaign against IS, which in their eyes, lacks a clear strategy and resolve and neglects the two main factors that have allowed IS to spread: Bashar al-Assad’s brutalization of Syria’s Sunni majority and Iran’s support of Shiite militias in Iraq, Syria, Lebanon and Yemen.
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Yemen Peace TalksYemen peace talks: Are the decision makers in Switzerland?
The third day of Yemen's peace talks in Switzerland ended on Thursday with fears they are on the brink of collapse after two intense sessions in which stark differences emerged between the camps over demands by the Hadi government for the release of senior officials held by the Houthis.
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SyriaHas Kerry Opened the Door for Syria’s Assad To Stay?
On a trip to Moscow this week, Secretary of State John Kerry urged a focus not on removing Syrian President Bashar Assad but instead on developing greater cooperation in Syria — a change in tone which could represent a reversal of standing US policy and have dramatic repercussions for the fight against the Islamic State group.
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HousingCan engineers resolve Saudi’s housing shortage?
The Kingdom's housing ministry recently said the country will need three million new homes by 2025.
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IraqPerspective: Iraq has Fragmented: Can it be Put Back Together?
Present policy is directed at strengthening the Iraqi military by providing weapons and training so it can fight ISIL more effectively and regain control over the entire country, while at the same time convincing the government in Baghdad to become more inclusive, less corrupt, and more responsive to its citizens.
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San Bernadino ShootingWhat’s the San Bernadino shooters’ Saudi connection?
“Why would he do something like this? I have absolutely no idea. I am in shock myself,” Malik’s brother-in-law, Farhan Khan, told The Los Angeles Times.
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Lebanon: Saudi - IranCan Saudi and Iran play ball in Lebanon?
In Lebanon, both Saudi and Iran agree on the need to avert a bigger crisis and are prioritizing stability over political gains in the interim. Maintaining cold peace in Beirut while securing their influence could drive both countries into accepting the deal.
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Saudi Soft PowerCommentary: Will Iranians watch Saudi-financed Persian TV?
This sense of indifference toward Saudi culture stems largely from the fact that the Saudis have never tried to promote their diverse cultural heritage — such as their music, poetry, artifacts and literature — to the world.
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ISIS in AmericaISIS In America: Who Is The Average Islamic State Sympathizer?
A new report analyzes the 56 people who were detained this year, of 71 charged since March 2014, and the results paint a rough sketch of the Islamic State’s adherents inside the U.S.
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Saudi-RussiaShould Saudi Arabia see Putin as threat?
We had better take seriously the implicit Russian threats made in an article published by the Pravda website, which is supportive of President Vladimir Putin. It urged the sanction of Saudi Arabia, Qatar and Turkey due to what the writer claimed was the three countries' support of ISIS, something it said threatens to trigger World War III.
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