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  • A Trump win would impact Gulf trade and oil markets

    Oxford Economics’ Global Scenarios Services has modelled the outcomes of these two scenarios. We find that a Harris presidency will provide a boost to the US economy over the next couple of years through the expansion of social benefits, but is unlikely to materially alter the economic outlook for the GCC. An alternative outcome is a full-blown Trump presidency in which he not only wins the White House and Republicans regain control of Congress, but a re-elected President Trump follows through in full on his election pledges.

  • Regional rail projects transforming urban development within the GCC

    “Rail infrastructure projects are more than just transportation solutions—they are economic catalysts. By creating efficient, interconnected transport systems, they unlock new opportunities for businesses, reduce congestion, and improve productivity. Such projects provide reliable, affordable mobility options, reducing commuting times and opening new doors for commerce, tourism, and industry.” “The construction phases of these large-scale rail projects generate thousands of jobs and supporting nationalisation, while their operational phases foster employment opportunities across multiple sectors. From retail to technology, robust transportation networks help cities become more attractive to investors and entrepreneurs, paving the way for economic diversification. This economic shift supports long-term ambitions for sustainable, thriving economies across the GCC.”

  • Premier League will not review Saudi Newcastle deal after Bin Salman claims

    Leaked WhatsApp ­messages from the former Newcastle minority co-owner Amanda Staveley obtained by the Telegraph suggest the buyout hinged on the approval of Bin ­Salman, the kingdom’s de facto leader. Although the £305m ­takeover led by Saudi’s Public Investment Fund in 2021 was approved only once the Premier League received “legally binding assurances” that the Saudi state would not control Newcastle, it is understood the governing body will not be re-examining its legitimacy.

  • What’s behind Algeria’s suspension of Saudi-owned Al Arabiya news?

    Algeria's recent move against Al Arabiya came just one day after Iraq’s Communications and Media Commission revoked the license and closed the office of Saudi media conglomerate MBC Group, the parent company of Al Arabiya. The decision came after MBC aired a controversial report on Friday calling recently slain Hezbollah leader Hassan Nasrallah, Hamas leader Ismail Haniyeh, Islamic Revolutionary Guard Corps commander Qasem Soleimani and others terrorists. The report has since been removed from all MBC platforms.

  • Yahya Sinwar’s death alone won’t end the war

    The death of Hamas leader Yahya Sinwar, who was killed while battling Israeli soldiers in the southern Gaza town of Rafah last Wednesday, is a potential inflection point in the now year-long war that has seen at least 42,000 Palestinians killed and most of the Gaza Strip reduced to rubble. As the architect of the Oct. 7 attack and the ultimate arbiter over whether and when to accept a cease-fire, Sinwar’s death represents a major accomplishment for Israel’s military, which has racked up numerous tactical victories but has so far failed to achieve a decisive victory over Hamas. Both US and Israeli leaders have cast Sinwar as the primary obstacle to a cease-fire and hostage release deal, which has been stalled for many weeks.

  • The Presidential Election’s Implications for Gulf Oil Exporters

    With less than a month before Americans go to the polls to elect a new president, the global oil market is in turmoil because of geopolitical developments in the Middle East. The risk of an oil price shock should Israel target Iran’s energy infrastructure in response to Iran’s October 1 missile attack would have repercussions beyond the region. Oil prices immediately surged to register the highest weekly increase in more than a year after the October 1 attack, as the market braced for Israel’s response. Any further increase in the price of oil might influence voters come the U.S. election in November with the incumbent Democratic Party at risk of being penalized at the polls if there is a spike in U.S. gasoline prices.

  • Saudi Arabia and BRICS—a balancing act?

    Russia last month invited Saudi Crown Prince Mohammed bin Salman to attend the Oct. 22-24 BRICS summit it is hosting in Kazan. The summit is the bloc’s first since its expansion last year when six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE)—were invited to join. While countries such as Iran have been quick to accept the invite, the Kingdom has yet to confirm its formal alignment with BRICS. Most likely, Saudi strategists are still weighing all pros and cons of membership—with factors in favor and against broadly balanced.

  • Putin hosts BRICS summit in Russia under shadow of Ukraine war

    Russia wants the BRICS summit to showcase the rising clout of the non-Western world, but Moscow's partners from China, India, Brazil and the Arab world are urging President Vladimir Putin to find a way to end the war in Ukraine. The BRICS group now accounts for 45% of the world's population and 35% of its economy, based on purchasing power parity, though China accounts for over half of its economic might.

  • How Saudi parents rationalize the choice of schoolfor their children

    In societies where education holds high significance and parental ambitions for their chil-dren’s academic achievements are profound, understanding the rationale behind parental school choice becomes crucial. This study aims to explore the question: Are Saudi parentsrational in selecting their children’s schools? Through an in-depth analysis of preferences and decision-making factors, this research endeavors to shed light on the intricate dynamicsinfluencing parental school choice within the Saudi Arabian context.

  • Saudi Arabia: Parsons, OBMI signs contracts with ARDARA

    ARDARA‘s flagship destination is AlWadi – the exciting mixed-use waterfront development in the heart of Downtown Abha. Elegantly designed homes, thriving commercial spaces, vibrant retail hubs, and exhilarating entertainment outlets that will entice residents and visitors throughout the seasons.