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Recent stories from sustg

  • 5 More Years for Booming King Abdullah Scholarship
     

    Al Arabiya reports that the King Abdullah Scholarship Program, which has sent thousands of Saudi students to the United States and elsewhere, has been renewed for another five years in an important step that will strengthen US-Saudi cultural and economic ties. According to Al Arabiya, Minister of Higher Education Khalid Al Angari said the move was “clear […]

     
  • Drone Revelation Underscores Defense/Security Bonds
     

    The recent news reports that American remotely operated aircraft are operating against Al Qaeda targets in Yemen should come as no surprise to those who have followed the close collaboration between the United States and Saudi Arabia over the course of the historic relationship. The revelations may be uncomfortable to those who seek to keep […]

     
  • Samsung and Galaxy chocolate top brands in Kingdom in 2012
     

    Samsung ranked first in the 2012 BrandIndex Buzz Rankings for Saudi Arabia, scoring 54.9 points, YouGov market research agency said Tuesday. Galaxy Chocolate, produced by Mars Inc and Al-Qur’an Al-Kareem, a channel owned by the Saudi government, ranked second and third, scoring 53.7 and 47.4 points respectively. Sony, which ranked sixth, dropping from second place in […]

     
  • Saudi Arabia Strong Market for U.S. Companies, Ex-Im Head Says
     

    Saudi Arabia, the Arab world’s biggest economy, represents an “exceedingly” strong market for U.S. companies, Export-Import Bank Chairman Fred Hochberg said. “Part of that has been driven by in this part of the world a diversification of economies,” Hochberg said in an interview yesterday in Riyadh. “We see a lot of opportunity here. U.S. companies […]

     
  • Saudi Chartbook – February 2013
     

    Jadwa Investment’s recently released Saudi Chartbook for the month of February 2013 assesses a number of key aspects of the Saudi economy including the real economy, bank lending, banking indicators, inflation, trade, oil, exchange rates, the TASI (Saudi Stock Market), sectoral performance, and more. [The full report from Jadwa Investment can be read here.]

     
  • MENA solar to exceed 3GW annually by 2015: Saudi leads
     

    GTM Research’s report states that Saudi Arabia and Turkey will have the highest demand, with Saudi Arabia looking to be the region’s first gigawatt-scale market by 2015. Nearly 70% of the demand is expected to come from Saudi Arabia and its K.A. CARE program and secondly, Turkey.

     
  • Islam and science: The road to renewal
     

    The tide of money is bearing a fleet of results. In the 2000 to 2009 period Turkey’s output of scientific papers rose from barely 5,000 to 22,000; with less cash, Iran’s went up 1,300, to nearly 15,000. Quantity does not imply quality, but the papers are getting better, too. Scientific journals, and not just the […]

     
  • Saudi Arabia’s Six New Economic Cities
     

    Except for King Abdullah Economic City, each of the cities has its own area specialization being developed around at least one globally competitive cluster or industry. They are also being developed according to environmental guidelines using state-of-the-art greenfield solutions. The aim is to create opportunities for the private sector by way of jobs and attractive […]

     
  • Must-see interactive 360° view from top of Burj Dubai
     

    On the heels of last month’s viral photograph of the World’s Tallest Mountain, Mount Everest, which was captured in astounding interactive detail so much so that you can zoom in and out and see the entire mountain, it looks like a similar project was done on top of Dubai’s impressive Burj Khalifa tower, currently the […]

     
  • Saudi investment in education tripled in just a decade
     

    In Saudi Arabia, the government appropriated SR204 billion ($54.4 billion) for education in its budget for 2013, from SR168 billion ($44.80 billion) in 2012, and SR150 billion ($40 billion) in 2011. Investment in human capital has become a top priority for the Saudi government, as spending on education has more than tripled since 2000. The […]

     

MUST-READS

  • A US aircraft carrier and its crew have fought Houthi attacks for months. How long can it last?

    At the Pentagon, leaders are wrestling with what has become a thorny but familiar debate. Do they bow to Navy pressure to bring the Eisenhower and the other three warships in its strike group home or heed U.S. Central Command’s plea to keep them there longer? And if they bring them home — what can replace them?

  • Saudi influence over gaming extends far beyond esports

    There’s the PIF’s numerous stakes in game publishers themselves, which include sizeable investments in behemoths such as Nintendo (8.26 percent), Electronic Arts (9.2 percent) and Koei Tecmo (6.6 percent), as well as complete ownership of smaller publishers such as mobile gaming publisher Scopely. Then there’s ESL/FACEIT Group, the prominent esports league operator that Savvy purchased for $1.5 billion in 2022. And that’s not to mention the multitude of smaller bets that the PIF has made in gaming, which range from a sponsorship of the annual Esports Awards to the backing of Rolling Stone’s new gaming vertical, which launched last month.

  • Cristiano Ronaldo, N’Golo Kante, turn Euro 2024 into referendum on Saudi Pro League

    There are 14 players participating in the Euros who ply their club trade in the Saudi Pro League, having been lured by the whopping sums offered as the Middle East nation tries to rapidly build its domestic competition into one of the world's best. Ronaldo is the headliner, just like he always is, and how effectively he and the other members of the Saudi export collective perform over the coming weeks is a de facto referendum that could have a seismic impact on what happens next in global soccer.

  • Saudi Arabia begins early preparations for Hajj 2025

    Saudi Arabia has begun preparations for Hajj 1446 H/2025 season at the Closing Ceremony of the current Hajj season. Dr. Tawfig Al-Rabiah, Minister of Hajj and Umrah, highlighted the achievements of the current year and detailed the groundwork for the upcoming pilgrimage season. Dr. Al-Rabiah underscored the importance of early and meticulous planning, noting the guidance of the Custodian of the Two Holy Mosques King Salman, and the vigilant oversight of Crown Prince Mohammed bin Salman.

  • PGA Tour commissioner says sides are making progress on deal with Saudi backers of LIV Golf

    “With complexity comes opportunity,” he said before the start of the Travelers Championship at the TPC River Highlands. “There are a lot of different factors at play, but nobody who is having the conversation is unaware of the complexity. And everyone, I think, is embracing the fact that there are obstacles and things you’ve got to overcome in a complex situation.

  • Saudi Taekwondo Champion Dunya AbuTaleb Soars to Fourth in World Rankings

    AbuTaleb, already the first Saudi woman to qualify for the Paris 2024 Olympics, has her sights set even higher. With her recent Asian Championship gold medal (another first for Saudi women's taekwondo), she's considered a strong contender for the World Championship bronze medal.

  • Mapping The World’s Refugee Population

    According to a report by the UNHCR, the number of people fleeing war, persecution and conflict exceeded 117 million. This number is up eight percent from the year before and increased by 31 percent compared to 2021.

  • More than 550 hajj pilgrims die in Mecca as temperatures exceed 50C

    At least 550 pilgrims have died during the hajj, underscoring the gruelling nature of the pilgrimage which again unfolded in scorching temperatures this year.

    At least 323 of those who died were Egyptians, most of them succumbing to heat-related illnesses, the two Arab diplomats coordinating their countries’ responses told AFP.

  • Saudi Arabia Tops Global Cybersecurity Rankings

    The Kingdom of Saudi Arabia has secured the top position globally in the cybersecurity indicator, according to the 2024 World Competitiveness Yearbook published by the Swiss-based Institute for Management Development (IMD). National Cybersecurity Authority (NCA) Board of Directors Chairman Dr. Musaed Al-Aiban congratulated the Saudi leadership on this achievement. He highlighted it as a confirmation of the country's leading role in international cybersecurity and a testament to its commitment to Saudi Vision 2030.

  • Israeli army knew of Hamas’s plans on 7 October, report finds

    The Israeli army and intelligence services had detailed knowledge of Hamas’s plan to attack Israel and take captives weeks before the 7 October attack, a newly surfaced document reveals. A report by Israel’s Kan News says the report, titled “Detailed End-to-End Raid Training”, was compiled by the Israeli army’s Gaza Division, distributed on 19 September 2023, and was known to top intelligence officials. The document went through Hamas’s intentions and described in detail the series of exercises conducted by the Palestinian group’s elite units.