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Recent stories from sustg
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How Riyadh’s King Abdullah Financial District’s Future Has Shifted
Riyadh’s unfinished King Abdullah Financial District (KAFD) located halfway between downtown Riyadh and King Fahd International Airport is headed for new ownership and a revised master plan. KAFD – the city within a city that was originally designed to be home to the Kingdom’s banks and international financial houses – will soon be owned by […]
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Ahead of ‘Vision 2030’, Saudi Arabia Tested Foreign Lending Appetite
Ahead of Saudi Arabia’s landmark Vision 2030 announcement, the Kingdom tested its credit-worthiness from international lenders by raising $10 billion, despite downgrades by Moody’s and Standard & Poor’s (S&P) earlier this year. Not only was Saudi Arabia able to easily raise the funding, the issuance was oversubscribed – so much so that the Kingdom increased […]
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Jadwa Investment: ‘Vision 2030’ Plan May Help Saudi Avoid Significant Fiscal Deficit
Jadwa Investment’s recently released economic analysis on Saudi Arabia’s ‘Vision 2030’ finds that Saudi Arabia’s new plan to move toward sustainability may help it avoid a looming fiscal crisis. Calling the plan “major and ambitious,” the Riyadh-based Jadwa looks at what might hypothetically happen if Saudi Arabia were to do nothing about the harsh fiscal […]
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Mining in Focus for ‘Vision 2030’ as Ma’aden Appoints Health Minister Khalid al-Falih Chairman, Reshuffles Board
Saudi Arabia’s ‘Vision 2030’ plan to diversify its economy identifies the mining and minerals sector as one of the top non-oil growth sectors for the Kingdom. Days after the Vision 2030 plan was announced the Saudi Public Investment Fund (PIF) reshuffled the board of the Saudi Arabian Mining Company – known as Ma’aden – and […]
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Saudi Arabia’s ‘Vision 2030’: What Does Success Look Like?
The recently released ‘Vision 2030’ is notable in many ways; not the least for the scope and ambition of the plan’s goals. As SUSTG has documented this week through a series of infographics, ‘Vision 2030’ is organized around three main themes and calls for the implementation of 13 separate ‘programs’ in support of the plan’s goals. […]
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Full Text: Saudi Arabia’s ‘Vision 2030’ National Transformation Program
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman, who is chair of the Council of Economic Development Authority (CEDA) and Minister of Defense presented the much-anticipated ‘Vision 2030’ framework of new policies to be pursued by the Saudi government. Here’s the full text of his presentation, as well as the Vision 2030 roadmap itself. The […]
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‘Saudi Vision 2030,’ Saudi Arabia’s National Transformation Plan for a New Saudi Economy, Launches with Media Push
Saudi Arabia’s has launched the ‘Saudi Arabia 2030’ National Transformation Plan (sometimes referred to as ‘Vision 2030’) today with a video announcement on Twitter and the first video interview with Deputy Crown Prince Mohammed bin Salman given to the news channel Al Arabiya. Details of the comprehensive plan are expected to include economic and social […]
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President Obama Arrives Tomorrow to Saudi Arabia for Meetings with King Salman, GCC Leaders
President Obama arrives tomorrow (Wednesday) in Riyadh for meetings with King Salman and other top Saudi government leaders, and to attend a GCC summit meeting. The visit to Saudi Arabia, the President’s fourth trip to the Kingdom, comes amid increased focus on U.S.-Saudi relations. On Monday, the White House expressed confidence that Saudi Arabia would not […]
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CIT’s Omar Bahlaiwa Appointed Acting Secretary General of the Council of Saudi Chambers
Saudi Committee for International Trade (CIT) Secretary General, Eng. Omar Bahlaiwa, has been appointed Acting Secretary General of the Council of Saudi Chambers, replacing Khalid Al-Otaibi. Eng. Bahlaiwa, who will continue to serve as Secretary General of CIT which is within the Council of Saudi Chambers of Commerce (CSC), was appointed by CSC Chairman, Dr. Abdulrahman […]
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What to Know About the CBS 60 Minutes on Redacted 28 Pages in House/Senate 9/11 Report
Last night’s report by CBS’s 60 Minutes with correspondent Steve Kroft covered the controversial classified pages of the Joint Inquiry Into Intelligence Community Activities Before and After the Terrorist Attacks of September 11, 2001 report produced by U.S. Senate Select Committee on Intelligence and the U.S. House Permanent Select Committee on Intelligence in December 2002. This report preceded what is known […]
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MUST-READS
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Commentary: Does Kamala Harris Have a Vision for the Middle East?
But like the Hotel California, the Middle East doesn’t let you leave, even after you check out. Obama and Trump both made historic deals purportedly to increase stability in the region and allow the United States to pivot elsewhere. But unexpected events popped up for both as well as for Biden, pulling them back in and leading them to expend much of their energy there.
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US approves sale to Israel of $20 billion weapons package
The United States on Tuesday approved the sale of $20 billion in fighter jets and other military equipment to Israel as it prosecutes a 10-month-old war in the Gaza Strip although the Pentagon said deliveries would not begin for years. U.S. Secretary of State Antony Blinken approved the sale of F-15 jets and equipment worth nearly $19 billion along with tank cartridges valued at $774 million, explosive mortar cartridges valued at over $60 million and army vehicles worth $583 million, the Pentagon said in a statement.
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Taliban Leadership Tracker
With the Taliban entrenched in power in Afghanistan, the group's extremist ideology, history of ruthless repression, and extensive ties to militant networks demand close monitoring of its members, affiliates, and their activities. This imperative demands a deeper understanding of the configuration of the Taliban's current government and the internal power dynamics. This initiative aims to provide continuous insights into the “who's who” within the regime's corridors of power.
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The Two Biggest Global Trends Are at War
These two trends—the ever-increasing capacity to blow things up at a distance and the stubborn power of local identities—are at odds in part because using the former tends to reinforce the latter. Early airpower theorists predicted that aerial bombardment would shatter civilian morale and lead opponents to surrender quickly, but experience shows that dropping bombs on a civilian population is more likely to foster a powerful sense of unity and spirit of resistance.
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Saudi Arabia launches National Kidney Exchange Program between families
The program enables reciprocal kidney transplant between a pair of patients and their donors for the first time in the Kingdom, between families at King Fahd Specialist Hospital in Dammam, and King Abdulaziz Medical City at the National Guard in Riyadh, under the supervision of the SCOT.
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Saudi firm plans hydrogen-powered skyscraper in Egypt’s new capital
A Saudi-controlled real estate firm says it plans to break ground early next year in Egypt's new capital on a $1 billion, 50-storey office tower that aims to be the first of its kind to be powered by clean hydrogen. The sophisticated design and high price tag represent a bet by Magnom Properties, a subsidiary of Saudi industrial group Rawabi Holding, that international clients will be drawn to the new capital, a city for over 6 million people being built from scratch in the desert east of Cairo.
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Commentary: The Saudi Crown Prince is Talking About An Assassination. His Own.
“The way he put it was, ‘Saudis care very deeply about this, and the street throughout the Middle East cares deeply about this, and my tenure as the keeper of the holy sites of Islam will not be secure if I don’t address what is the most pressing issue of justice in our region,’” said one of the people with knowledge of conversations MBS has had with regional and American leaders.
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Saudi Arabia Stresses Efforts to Consolidate Arab Cooperation
The cabinet hailed the Arab Parliament's efforts and contributions at international platforms. It emphasized the Kingdom's commitment to strengthening cooperation in various fields with its Arab counterparts to boost security and stability and facilitate sustainable development and growth.
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Saudi Teachers Now Required To Wear National Dress In Schools To Boost Cultural Pride
From now on, teachers across the Kingdom are required to wear traditional national attire—specifically the thobe and ghutra or shemagh—throughout their time at school. The move is designed to boost national identity and cultural heritage within the educational environment.
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Al Wahbah Crater: Saudi Arabia’s Magnificent Natural Anomaly
On a dark and stormy night, a lightning bolt illuminated the beauty of Qitn Mountain, making Tamya Mountain fall deeply in love with it. Promising to reunite with its beloved, Tamya’s jealous cousin, Shelman, shot it with an arrow. The heartbroken mountain fell into the ground, leaving a bowl-shaped depression behind. Or so goes the local folklore behind the Al Wahbah crater in Saudi Arabia.
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