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Saudi Officials Visit Wounded from Al-Ahsa Terror Strike as Security Agencies Expand Activities
- November 7,2014
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- SUSTG Team
The clampdown on extremism broadened on Friday as Saudi Arabia’s security forces have arrested another 8 people in Monday’s terrorist attack in a Shiite village in Saudi Arabia’s Eastern Province, according to media reports, including two police officers. The raids were conducted simultaneously across the country, including in Riyadh, Qassim and the Eastern Province, Arab News reported […]
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Khoja Out as Information Minister, Replacement Named
- November 6,2014
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- Lucien Zeigler
Saudi Arabia’s King Abdullah relieved Culture and Information Minister Abdul Aziz Khoja of his post by royal decree and replaced him with Bandar bin Mohammed Asaad Hajjar, an economist and Saudi Arabia’s Hajj Minister. Although an Arab News headline said that Culture and Information Minister Abdul Aziz Khoja “quit,” media outlets are speculating that the Khoja was actually […]
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Energy Subsidies in the Gulf a Staggering $160 billion Annually, World Bank Says
- November 5,2014
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- Lucien Zeigler
Gulf states are spending an average of 10% of GDP on energy subsidies each year, a total of $160 billion, an IMF official said according to Arab News. “The GCC and other MENA states must start cutting energy subsidies now otherwise problems associated with them will get worse,” said Shantayanan Devarajan, chief economist for the World Bank in Middle […]
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First Global Entrepreneurship Forum Kicks off in Riyadh, Saudi Arabia as Kingdom Eyes SME Growth
- November 3,2014
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- Lucien Zeigler
The first Global Business Entrepreneurship Forum (GEF) was held in Riyadh, Saudi Arabia today to bring together top business and startup leaders to the Ritz Carlton Hotel near the Diplomatic Quarter in the Saudi capital. Organized by the Centennial Fund, the GEF’s first event in Riyadh was a chance for entrepreneurs and others in the […]
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The Best SPA Photos from October 2014
- November 3,2014
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- SUSTG Team
In the September edition of the best photos from the Saudi Press Agency, a dazzling performance from Saudi security forces, infrastructure in the Kingdom, ancient woodworking and more.
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Investing in Middle East Healthcare for both Financial and Social Returns
- October 31,2014
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- Mussaad Al-Razouki
It is no secret that Gulf Cooperation Council (GCC) governments are spending billions of dinars, riyals and dirhams on upgrading their healthcare infrastructure. Local and regional newspapers are filled with stories on newer, bigger and flashier hospital projects. Saudi Arabia’s 2013-2014 budget includes funds for 19 new hospitals in addition to the 102 hospitals currently […]
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Video: Full Keynote Address by HRH Prince Turki Al Faisal at the 2014 AUSPC
- October 30,2014
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- SUSTG Team
Prince Turki al-Faisal’s remarks to the 23nd Annual Arab-U.S. Policymakers Conference, entitled, “Framing and Charting the Region’s Issues, Interests, Challenges, and Opportunities: Implications for Arab and U.S. Policies” Saudi Arabia’s Prince Turki al-Faisal is Chairman, King Faisal Center for Research and Islamic Studies, Riyadh, Saudi Arabia and former Saudi Arabian Ambassador to the United Kingdom and to […]
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Al-Jubeir: ‘Every Time the U.S. and Saudi Arabia Have Come Together, We have Done Wonders for the Region’
- October 30,2014
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- SUSTG Team
In his luncheon keynote remarks to the National Council on US-Arab Relation’s annual policymaker’s forum in Washington, D.C., Saudi Arabia’s Ambassador to the United States Adel al-Jubeir discussed the historical and current status of the Saudi-U.S. relationship and it’s track record of success when facing regional and global challenges. Full video of his remarks can […]
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At Policymakers Event, Prince Turki al-Faisal Takes Aim at Allegations of Saudi Support of Terror
- October 29,2014
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- Lucien Zeigler
Saudi Arabia’s Prince Turki al-Faisal, Chairman, King Faisal Center for Research and Islamic Studies, Riyadh, Saudi Arabia and former Saudi Arabian Ambassador to the United Kingdom and to the United States of America, delivered sharp criticism of those who put forth unsupported allegations of Saudi financing of extremism abroad, urging them to come forward with […]
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#FocusKSA: Power Subsidies and Electricity Supply in Saudi Arabia
- October 28,2014
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- SUSTG Team
A clip from SUSTG.com’s recent FocusKSA discussion with Dr. Fahad al-Turki of Jadwa Investment highlights some challenges and opportunities in powering the Kingdom of Saudi Arabia. Jadwa is a well-regarded, Shariah-compliant, investment firm based in Riyadh and Dr. Fahad spearheads a superb analysis team that publishes very informative reports such as it’s Chart […]
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MUST-READS
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Women DrivingWomen Who Violated Saudi Arabia Ban On Female Driving May Face Charges
Two women have been held in a Saudi prison for nearly one month for trying to break the ban on female drivers have been referred to a court on terrorism charges.
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2015 BudgetSaudi Arabia’s 2015 Budget Will Finance ‘Massive’ Projects
“They’re going to keep spending reasonably firm but slow the pace of growth,” James Reeve, an economist at Samba Financial Group in London, said in response to e-mailed questions. The country’s rulers have invested a lot of political capital in major projects “and they are not about to pull them. Nor are they going to start cutting spending on salaries,” he said.
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ReutersSaudi Arabia posts biggest daily drop in 6 years
Saudi Arabia's stock index posted its biggest daily loss in six years on Tuesday after the price of Brent crude oil dropped below $59 per barrel for the first time since 2009.
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2015 BudgetSaudi Arabia to keep spending in 2015 budget: finance minister
Saudi Arabia will continue spending on development projects and social benefits in its 2015 budget despite "challenging" global economic conditions, Finance Minister Ibrahim Alassaf said on Wednesday, state news agency SPA reported.
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SecurityFingerprinting declared compulsory in Saudi Arabia
Fingerprint registration for male and female expatriates will be completed by Dec. 23, 2014, for all Passports Department (Jawazat) services except the renewal of residence permits (iqamas), Jawazat spokesman Lt. Col. Ahmed Fahd Al-Luhaidan said on Sunday.
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Women in Saudi ArabiaVideo: Saudi Arabia is undergoing a “huge transformation”
Dean Malak Talal Al-Nory told us her students have futures their mothers could only dream of. "It has been a huge change, huge transformation, in almost every way," she told Williams. "It has been a change in the mentality, in the acceptance of women in the workplace."
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OilSaudi Arabia likely to tighten 2015 budget – but not stop growth – after oil price falls
Plunging oil prices could mean the first budget cuts for major exporter Saudi Arabia since 2002 but they are not expected to be large enough to stop growth in the Arab world’s biggest economy.
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Traffic SafetyRoad rage and the value of feeling safe in Saudi Arabia
The traffic situation in the Saudi city of Jeddah has reached an almost unbearable point – both for motorists and pedestrians.
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Internet SecuritySaudi Arabia target No. 1 for hackers
Saudi Arabia tops the list of countries impacted by advanced targeted cyber attack in META (Middle East, Turkey and Africa) computer networks, accounting for 30.1 percent of the total attacks in the region during the first half of this year, said a report issued by FireEye, a leader in cyber security.
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MalwareRussia, Saudi Arabia ‘main targets of new Stuxnet malware’
The largest number of infections discovered -- 28 percent -- was in Russia, and Saudi Arabia was second with 24 percent. Other countries where the malware was found included Mexico, Ireland, India, Afghanistan, Iran, Belgium, Austria and Pakistan. There were no reported infections in the United States.
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