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Recent stories from sustg
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How Gulf Countries Are Splurging at Home
- May 8,2012
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- SUSTG Team
Asa Fitch, writing in the Wall Street Journal, details the extent to which oil dollars are fueling economic growth “at home” for GCC countries: Booming oil prices are flooding Arab countries with money, but where the lion’s share of that wealth would once have been pumped into the world’s financial markets, much of it is […]
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Island in the Gulf – A Film of Juraid Island
- May 8,2012
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- SUSTG Team
One of the great joys of living in Saudi Arabia has always been the natural environment itself – the dunes, the jebals and especially the Gulf with its beaches, reefs and islands. For those lucky enough to visit Juraid Island, fifteen miles offshore from Jubail, the experience has always been unforgettable. A pristine island shaped […]
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Foreign Military Sales Keep Production Lines Hot
- May 8,2012
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- SUSTG Team
“Partnership building is part of one of the largest benefits that we see,” Hunt said. “It’s building and maintaining friendships, it’s about building allies. United States Central Command, or CENTCOM, is obviously a very busy place for the United States now. The more that we can help those countries not only defend, but operate amongst […]
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SEC unveils SR452b projects
- May 8,2012
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- SUSTG Team
The Saudi Electricity Company (SEC) has allocated SR452 billion to implement energy projects until the year 2021 according to SEC Chairman of the Board of Directors Dr. Saleh Bin Hussein Al-Awaji. These projects will provide services consistent with international standards, including building up an adequate power at a peak time about 10 percent of combined capacity. The […]
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US and Saudi team up for renewable energy projects
- April 18,2012
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- SUSTG Team
The United States and Saudi Arabia are prepared to sign a number of deals related to the establishment of investment and service projects depending on renewable energy resources, Arab News reported. US Assistant Secretary of Commerce for Manufacturing and Services, Nicole Lamb, said the US would support the Kingdom on its drive to develop clean […]
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The arms spending map of the world
- April 18,2012
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- SUSTG Team
How much do countries spend on their militaries? This data from the Stockholm International Peace research Institute shows the world in arms spending – both in dollars over time and as a percentage of GDP.
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Major Banks Expanding in Saudi Arabia
- April 17,2012
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- SUSTG Team
“We’d be crazy to limit ourselves to a handful of bankers when we can see oil prices are going to sustain the Saudi economy for the foreseeable future,” Rory Gilbert, the head of Middle East and North Africa at London-based Barclays’s wealth management unit, said in an interview this week in Dubai. “In four or […]
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A Nuclear Iran: CNN
- April 17,2012
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- SUSTG Team
What do we really know about the Iranian nuclear threat? Iran says it wants the right to have its peaceful nuclear program formally recognized. But from the outside, Iran has long given the impression it has something to hide. And fear that Iran may soon have the capability to build a nuclear weapon, has spurred […]
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Saudi ‘tops in mobile users’
- April 16,2012
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- SUSTG Team
Saudi Arabia has the highest proportion of mobile phone users in the world with 188 per cent, followed by Vietnam and Oman in the second and third places respectively, according to a recent study. The study which was conducted by the United Nations Conference on Trade and Development (UNCTAD) indicated that this percentage is by far […]
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The Menu of Options in the Iranian Nuclear Talks
- April 12,2012
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- SUSTG Team
For the first time in more than a year and a half, negotiators from Iran and the so-called P5+1 countries – the five permanent members of the United Nations Security Council, the U.S., Russia, China, France and England, plus Germany – will sit down with their Iranian counterparts this Friday in Istanbul to talk about […]
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MUST-READS
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Dakar Rally 2024 Results: Carlos Sainz Earns Audi’s 1st Win; Father of Star F1 Driver
Carlos Sainz, the father of Formula 1 driver Carlos Sainz Jr., won the 2024 Dakar Rally on Friday in Saudi Arabia to give Audi it's first-ever victory in the race.
Sainz, who has now won the race four times, finished one hour, 20 minutes and 25 seconds ahead of Guillaume de Mevius to claim the title. He broke his own record as the oldest winner in Dakar Rally history at 61 years old.
The Spaniard also won the race in 2010, 2018 and 2020. However, he was racing for different manufacturers in each of those races—Mini, Volkswagen and Peugeot.
"To be here at my age and to stay at the level, you need to work a lot beforehand. It doesn't just come like that," Sainz said after the race, according to BBC.
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2024 Edelman Trust Barometer Reveals Innovation has Become a New Risk Factor for Trust
The 2024 Edelman Trust Barometer reveals a rift between innovation and society that has become the new factor causing further polarization. Respondents, by nearly a two-to-one margin, feel innovation is being poorly managed; this is true across age groups, income levels, and gender, and in both developed and developing countries people are more likely to say innovation is poorly managed than well managed. Innovations have also become politicized, especially in Western democracies where right leaning individuals are far more likely than those on the left to reject them; the biggest differences between those on the right and left are in the U.S. (41 points), Australia (23 points), Germany (20 points), and Canada (18 points).
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Saudi Arabia Reveals Grand Ambition to Become a Global Biotech Powerhouse by 2040
Saudi Arabia, another powerhouse in the region, has recently launched a National Biotech Strategy (the Strategy) with an ambition to become MENA’s leading biotech hub by 2030 and a global biotech leader with a far-reaching impact in biomanufacturing and medical innovation by 2040.
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Son faces Saudis, Palestine make history in Asian Cup last 16
The tournament has been whittled down from 24 teams to 16 but trying to predict who lifts the trophy on February 10 looks more difficult than ever. Japan came to Qatar as favourites and looking to win the title for a record-extending fifth time, but they reached the knockout phase as only runners-up in their group behind Iraq. Iraq impressed in deservedly beating Japan 2-1 and along with Iran and Qatar were the only teams to win all three games in the first round. Iraq play Jordan and Iran meet Syria next.
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Saudi Arabia’s AlUla exhibition at the Forbidden City
The exhibition "AlUla, Wonder of Arabia" has kicked off at the Palace Museum in Beijing recently. AlUla is located in the northwestern Saudi Arabia, 1,100 kilometers away from the capital Riyadh. It boasts rich natural and cultural heritage, including the Hegra archaeological site, Saudi Arabia's first UNESCO World Heritage Site. Let's visit the exhibition with Xinhua reporter Sandra Ahmed!
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Real Madrid Target Mbappe Still Wanted By Saudi Arabia Confirms Prince
Saudi Arabia is still interested in signing Paris Saint-Germain forward and Real Madrid transfer target Kylian Mbappe, as confirmed by a member of its royal family Prince Abdullah Saad Abdulaziz Al Saud to Carre on YouTube. Mbappe becomes a free agent on June 30, and is expected to join Los Blancos if not extending his contract at the Parc des Princes. The Frenchman was involved in a 2023 tug-of-war with his current Qatari-owned club, which looked to sell him after he sent a letter explaining his intention not to agree fresh terms.
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Acciona to bid for Line 7 of Riyadh metro together with Siemens, Samsung and Alayuni, and against FCC and its consortium
Acciona and FCC are part of two consortiums formed to bid for the construction of the new Line 7 of the Riyadh metro in Saudi Arabia, according to sources consulted by the newspaper Expansión. Specifically, Acciona has formed an alliance with Siemens, Samsung and Alayuni. In addition, FCC, as part of the consortium that won in 2013 one of the lots to design and build the first lines of the subway, has been invited to participate in the extension of Line 2. Overall, the investment needed to build the two rail projects amounts to more than €10 billion in the capital investment (capex) phase alone, according to expert estimates, as the authorities have not yet published a baseline budget.
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U.S. Secretly Alerted Iran Ahead of Islamic State Terrorist Attack
The U.S. secretly warned Iran that Islamic State was preparing to carry out the terrorist attack early this month that killed more than 80 Iranians in a pair of coordinated suicide bombings, U.S. officials said.
The confidential alert came after the U.S. acquired intelligence that Islamic State’s affiliate in Afghanistan, ISIS-Khorasan, known as ISIS-K, was plotting to attack Iran, they said.
American officials said the information passed to Iran was specific enough about the location and sufficiently timely that it might have proved useful to Tehran in thwarting the attack on Jan. 3 or at least mitigating the casualty toll.
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Commentary: Were the Saudis Right About the Houthis After All?
Past experience, including with Somali pirates, has shown that attempting to patrol large bodies of water with a limited naval force isn’t enough to suppress piracy. Rather, the cost of such aggression has to be rendered unsustainable for the culprits. The Biden administration is now leading the international demand that the Houthis desist and that the security of international shipping and commerce in this all-important waterway be restored. The Houthis, for their part, appear to be relishing the prospect of a confrontation with the United States. That is, or at least must be made to be, their problem.
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Israeli tanks batter hospital districts in Gaza’s Khan Younis, displaced set to flee southward
Israeli tanks bombarded areas around two hospitals in Gaza's main southern city Khan Younis on Thursday, forcing displaced people into a new desperate scramble for safe shelter, residents said, in an offensive Israel says is targeting Hamas militants.Gaza health officials said at least 50 Palestinians had been killed in Khan Younis in the past 24 hours, including two children in an Israeli air strike that hit a residential home.
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