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Recent stories from sustg

  • The Saudis on the ‘Arabian Business’ Power 500 List
     

    The ArabianBusiness.com ‘World’s 500 Most Influential Arabs’ list for 2013 was released this week with the revelation that Saudi Arabia’s Prince Alwaleed bin Talal had topped the list for the 9th consecutive year. Although an impressive feat, there are 31 other Saudis on the list doing some amazing things in business, culture, the media and […]

     
  • 17-day long Janadriyah festival for Saudi Heritage and Culture to begin April 3
     

    The 28th National Festival for Heritage and Culture at Al-Janadriyah showcasing the cultures and traditions of Saudi Arabia will open Wednesday, April 3, the Saudi Gazette reports. The festival is a display of Saudi culture and tradition. China is a guest country at the celebration, and will have a pavilion that is 2.000 sq. meters “at the […]

     
  • Twitter Use Booms in Saudi Arabia: Infographic
     

    Bit.ly, a link-tracking service company, published a comprehensive look at global social media use, which found that Saudi Arabia is rapidly embracing Twitter. “In this country, most of the social sharing happens on facebook and twitter, but what about in the rest of the world?” bit.ly asks on its company blog. The findings detail the number of […]

     
  • Out There
     

    Pat Ryan and his team at our sister site SUSRIS (say that fast five times) not only produce timely analysis and feature unparalleled current and historical resources pertaining to the Arabia and the larger Middle East they also find cool stuff like this.

     
  • Unusual Video Footage Shows Saudi Arabia’s Grand Mosque Under Construction
     

    Amazing footage of the ongoing construction at Mecca’s Grand Mosque surfaced on Facebook, showing the large-scale reconstructive efforts at the holy site in Saudi Arabia. The video, shot from what looks like a crane, shows worshippers circling the Kaaba with construction efforts ongoing at the mataf expansion not far away. The amateur footage shows the […]

     
  • We’re here, can we come in? TASI and foreign investors
     

    The figurative lobby to the Tadawul All Shares Index (TASI), Saudi Arabia’s stock market, is filling up with eager investors.  Intrigued by the $387 billion Saudi stock market (three times the UAE bourses combined) and the $727 billion Saudi economy, many of them think… Brazil; whose fully accessible stock market’s capitalization exceeds $1 trillion. While […]

     
  • First of 84 new Boeing F-15SAs bound for Saudi Arabia Tested as U.S.-Saudi Military Relations Remain Active
     

    UPI.com reports that the first new Boeing F-15SA completed a successful test flight last month in the United States. The report quotes Lt. Gen. C. D. Moore II, the commander of the Air Force Life Cycle Management Center, who said, “The successful first flight of the F-15SA is a tremendous milestone for the program and […]

     
  • The Stunning Photos of Sultan Al-Ghamdi
     

    Elephant Rock, Devil’s Head Mountains, Desert Waves… These are some of the evocative names given to his Saudi landscape photos by Sultan Al-Ghamdi.  Qusay Fayoumi describes him as ‘talented and hardworking.’ Take a look for yourself at Sultan’s Flickr page by clicking here. Below are three of the featured photos, but be sure to check […]

     
  • The Saudi Economy 2013 and Investment Opportunities – CIT
     

    The Committee for International Trade is active in many countries promoting Saudi trade. In the United States it is a primary organizer of the US-Saudi Business Opportunities Forums that have been held in Chicago (2010) and Atlanta (2011).  The third in this series will be announced soon.  The Secretary General of CIT, Mr. Omar Bahlaiwa, […]

     
  • 2013 SACM Career Fair to Begin May 24 at the Gaylord Hotel, will host at least 8,000 Graduates
     

    SACM’s Career Fair will take place on May 24th, 2013 at the Gaylord National Harbor just outside of Washington, D.C., according to the Saudi Cultural Attache’s Office at the embassy in Washington. The joint graduation and career fair is an impressive event, in which graduating Saudi students descend on the U.S. capital to celebrate their […]

     

MUST-READS

  • Don’t bomb Beirut: U.S. leads push to rein in Israel’s response

    The United States is leading a diplomatic dash to deter Israel from striking Lebanon's capital Beirut or major civil infrastructure in response to a deadly rocket attack on the Golan Heights, five people with knowledge of the drive said. Washington is racing to avert a full-blown war between Israel and the Iranian-backed Lebanese movement Hezbollah after the attack on the Israeli-occupied Golan killed 12 youths at the weekend, according to the five people who include Lebanese and Iranian officials plus Middle Eastern and European diplomats.

  • GAFT Heads Saudi Team at GCC-Türkiye Free Trade Negotiations

    The General Authority of Foreign Trade (GAFT) -- represented by GAFT Deputy Governor for International Organizations and Agreements and head of the Saudi negotiating team Farid bin Saeed Al-Asali -- led the Kingdom's delegation participating in the first round of negotiations of a free-trade agreement (FTA) between the Gulf Cooperation Council (GCC) countries and Türkiye, held in Ankara July 29 to 31.

  • Saudi Arabia formally bids to host FIFA World Cup 2034

    Saudi Arabia has officially submitted its bid to host the Fifa World Cup 2034. The bid books will be published after the official deadline ends on July 31, the football governing body said in a statement. Saudi officials, including sports minister Prince Abdulaziz bin Turki Al Faisal and Saudi Arabian Football Federation president Yasser Al Misehal, handed the bid book to Fifa.

  • Abu Dhabi Investor Backs AI Firm Founded by Saudi MIT Graduates

    Shorooq teamed up with other public and private institutions including Saudi Venture Capital Company, Saudi Technology Ventures and Olayan Financing Company in what it described as the largest Series A investment for an AI firm in the Middle East and North Africa. The funds will be used to develop the firm’s product offering and geographical expansion, according to a statement.

  • LME approves Saudi port as warehouse delivery point

    The London Metal Exchange (LME) has approved Red Sea port city Jeddah in Saudi Arabia as a warehouse delivery point for copper and zinc, it said on Monday. The exchange said the listing will become active three months after the first warehouse company has been approved in the new location. Warehouses registered with the LME, the world's largest and oldest metals trading venue, are usually located in areas of net metals consumption or top transit hubs such as Rotterdam.

  • A day of chaos in Israel as far-right protesters storm military bases

    Israel experienced hours of chaos on Monday after far-right protesters encouraged by ultranationalist politicians from the governing coalition broke into a military base where Hamas militants are detained and another base hosting the Israel Defense Forces military court.

  • Oil prices stabilise after Golan Heights attack

    Oil prices were stable on Monday as fears of a widening conflict in the Middle East after a rocket strike in the Israeli-occupied Golan Heights put a floor under last week's price losses. Brent crude futures gained 7 cents, or 0.09%, to $81.20 a barrel at 1007 GMT. U.S. West Texas Intermediate (WTI) crude futures rose by 1 cent, or 0.01%, to $77.17. The Brent and WTI benchmarks lost 1.8% and 3.7% respectively last week on sagging Chinese demand and hopes of a Gaza ceasefire agreement.

  • How AI is unlocking the creative potential of Saudi Arabia’s burgeoning fashion industry

    Saudi Arabia has witnessed a remarkable transformation in its fashion industry in recent years, emerging as a vibrant and dynamic regional hub of creativity. Now, thanks to the power of artificial intelligence, more opportunities are fast emerging. With a blend of traditional influences and modern innovation, Saudi designers have been captivating global audiences, redefining cultural norms, and showcasing the Kingdom’s rich heritage through contemporary fashion.

  • Unearthing the transformative potential of Saudi Arabia’s mining sector

    Saudi Arabia’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a global leader in the industry. But have you wondered what treasures lie beneath its lands? Saudi Arabia is rich in minerals essential for various global industries. The Kingdom is transforming into a leading exporter of diverse energy types, shifting away from its traditional role as an oil producer.

  • Saudi hails kingdom’s first female Olympic swimmer Mashael Alayed

    Saudi dignitaries on Sunday hailed the performance of Mashael Alayed, the first female swimmer from the kingdom to compete in an Olympics. The 17-year-old is the only female swimmer in the delegation and smashed her personal best to come sixth of seven in her 200 metres freestyle heat. Female athletes were for many years an untapped reservoir of talent in the conservative Islamic state, with girls banned from participating in sport at public schools until 2017 and women not allowed into sports stadiums until the following year.