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Is the Saudi Health Ministry Failing to Meet Targets?
- October 27,2014
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- SUSTG Team
Saudi Arabia is in danger of failing to meet crucial targets set out in the Kingdom’s ninth development plan for 2010 to 2014, according to a post published in the Saudi Gazette, based on information from the Arabic-language Al-Eqtisadiah. “With only two months left until the end of 2014, the ministry is far from reaching […]
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Opinion: Teaching Religious Tolerance in Schools
- October 23,2014
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- Nouf Al Sadiq
In recent months, much attention has been given to the expanding influence of jihadist groups and religious extremists in the Middle East. The rise of the Islamic State (ISIS) in Iraq has been attributed, in part, to former Prime Minister Maliki’s sectarian policies. The Houthis, a Shiite rebel group in Yemen have occupied Sanaa and […]
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Murder of Abdullah Alkadi in California Hits Home for Saudi Students, Families
- October 20,2014
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- Lucien Zeigler
The suspected murder-carjacking death of Saudi Arabian national Abdullah Alkadi has caused tremors through the vast, tightly-knit community of Saudi students in the United States. In comments to SUSTG, Ghadah Alghunaim, co-founder of the popular Saudi student social networking group, Saudis in USA, said that the event shook many Saudi students in the US and […]
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Cracking the Online Payments Puzzle in MENA
- October 20,2014
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- Khaldoon Tabaza
Online payments have been at the center of electronic commerce challenges in the Middle East and North Africa since the first regional e-commerce sites came online. In many cases, they’ve kept both investors and founders worried about venturing into e-commerce businesses, and prevented many consumers from enjoying the benefits. Research shows that 47% of people […]
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Body of Saudi Student in the USA Abdullah Abdullatif Alkadi Found in California Desert
- October 19,2014
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- Lucien Zeigler
Saudi students in the USA and others on social media are mourning Abdullah Abdullatif Alkadi, whose body was found in Palm Desert, California alongside a freeway more than a month after he disappeared. The 23 year old California State University, Northridge student was an electrical engineering student on the King Abdullah Scholarship Program. His brother […]
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Saudi Labor Reform and a Supermarket Checkout Line
- October 17,2014
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- SUSTG Team
Last month SUSTG featured a Summer 2014 Report Card analysing the Nitaqat Program to significantly increase the number of Saudis in the workforce. In that article Nathan Field assessed the structural reform required simply to implement the Nitaqat initiative as well as the array of regulatory changes and their impact on the Saudi labor environment. In […]
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PHOTOS: Saudi Commando Forces Train in the Alps
- October 17,2014
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- SUSTG Team
Saudi Arabia’s commando forces are training in the Alps with their French counterparts. The forces included “Saudi commando units, surveillance units of paratroopers and special forces units from the Royal Saudi Land Forces, joined by French commandos, all took part in the high-altitude drills dubbed ‘Shamrakh 1,’ Al Arabiya reports. [CLICK HERE TO VIEW A […]
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Taxi Apps Prosper As Women Seek to Cope with Ban Driving – Report
- October 16,2014
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- SUSTG Team
Taxi apps in Saudi Arabia are flourishing in large part due to demand from women unable to drive themselves, according to a Wall Street Journal report. Rory Jones and Ahmed al-Omran note that taxi and ride-sharing businesses are rushing to meet demand in Saudi Arabia, and the services are well-liked by many women who are finding […]
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After Sfakianakis Hire, Ashmore to Open an Office in Saudi Arabia Ahead of Market Opening
- October 15,2014
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- Lucien Zeigler
London-based Ashmore Investments is set to open an office in Saudi Arabia before the opening of the Saudi Stock Exchange to foreign investors, the Wall Street Journal‘s Nicholas Parasie reports. Ashmore, which is registered with the Saudi market regulator the Capital Markets Authority and based in Riyadh on Olaya Main Street, recently hired John Sfakianakis to join the […]
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Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
- October 14,2014
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- SUSTG Team
An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]
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Saudi-AfghanistanSaudi Arabia: Huge Islamic Center in Kabul Will Counter Terrorism
Saudi Arabian officials launched work on a massive Islamic center to be built on a hilltop in the heart of Kabul Friday, saying the multi-million-dollar complex will help battle terrorism.
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ISIS and Saudi ArabiaIslamic State leader urges attacks in Saudi Arabia: speech
Islamic State leader Abu Bakr al-Baghdadi called for attacks against the rulers of Saudi Arabia in a speech purported to be in his name on Thursday, saying his self-declared caliphate was expanding there and in four other Arab countries. Baghdadi also said a U.S.-led military campaign against his group in Syria and Iraq was failing and he called for "volcanoes of jihad" the world over. Reuters could not independently confirm the authenticity of the speech - an audio recording carried on Islamic State-run social media. The voice sounded similar to a previous speech delivered by Baghdadi in July in a mosque in the Iraqi city of Mosul, the last time he spoke in public.
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Minimum WageSaudi Arabia sets minimum wage for expats at SR2,500
The Labor Ministry is considering to fix the minimum wage for Saudis in the private sector at SR5,300 ($1412) and for expatriates at SR2,500 ($666).
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CreditSaudi Arabia to introduce credit rating agency rules in September 2015
Saudi Arabia’s capital market regulator will introduce rules for credit rating agencies next September, part of reforms aimed at modernising the financial sector of the world’s top oil exporter.
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Al-Ahsa AttackOpinion: The Crime that Changed the Face of Saudi Arabia
Last week, the winds of change blew with a vengeance in Saudi Arabia, when armed terrorists opened fire on visitors to a Shi’ite Husseiniyah (meeting house) in the Al-Ahsa province, killing eight people, among them three children. True, this is not the first time Saudi Arabia has witnessed a crime of this nature, where innocent civilians and children have lost their lives. In fact, it has seen even worse. But it is the first time such terrorist acts have played on the country’s dissonant sectarian chord in such an ugly and dangerous way, in an attempt to fan the flames of sedition and strife between its people. It is also the first time Saudi Arabia’s Grand Mufti, and its entire Council of Religious Scholars, have come out in defense of Saudi Shi’ites in this way, and they were joined by all groups in society—unequivocally and without pretense.
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NCBWhy the Second Largest IPO This Year Has Come Out of Saudi Arabia
About 1.25 million people ordered shares at a total value of 310.7 billion Saudi riyals ($82.8 billion) for the 300 million shares, or 15% of the bank’s stock, offered to retail investors. An additional 10% of the bank was allocated to the kingdom’s Public Pension Agency.
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WomenWEF recognizes Saudi Arabia’s efforts on gender parity
The Global Gender Gap Report 2014 named Saudi Arabia as one of the most improved countries in efforts to close the gender gap.
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Airspace SafetyUN aviation body urges Saudi Arabia to improve safety
The International Civil Aviation Organization (ICAO) has urged Saudi authorities to upgrade some of its systems to reduce the risk of a mid-air crash.
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Islamic StateSaudi Arabia could aid talks with ISIS in hostage situations, says veteran negotiator
He told Amanpour that if asked to engage in open talks with the terrorist group, he would have a “conversation… with somebody in Saudi Arabia”.
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Non-oil GrowthNon-oil private sector in Saudi Arabia surges to over 3-year high
In the latest Saudi British Bank PMI report, it noted that the growth was underpinned by accelerated increase in new work and output. Latest data showed that new business rose at its strongest pace for 28 months, amid strong demand for goods and services. Notably, construction was reported by several sources to be a key area of demand growth, while others reported the benefits of higher marketing and promotional activities.
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