Recent stories from sustg

  • Saudi Aramco: Not Your Ordinary NOC
     

    Last month Saudi Aramco opened a 50,000 square foot, state-of-the-art research center in Houston that Saudi Aramco President and CEO, Khalid Al-Falih called, “an upstream research center like no other.”  It will be an extension of Saudi Aramco’s Exploration and Petroleum Engineering Center’s Advanced Research Center (EXPEC ARC) and it’s Research and Development Center both […]

     
  • Lockheed, Raytheon Sell ‘Worlds Most Advanced’ Patriot Missile System to Saudi Arabia for $1.7b
     

    U.S. defense contractors Lockheed Martin and Raytheon are the lead contractors in the proposed $1.7b sale of the Patriot Advanced Capability-3 (PAC-3) Missile system to Saudi Arabia, following a request for approval by the Pentagon.  The development is the latest in recent weeks indicating a strengthening of U.S.-Saudi ties as the two countries coordinate security efforts to counter […]

     
  • Saudi Foreign Minister Prince Saud Al-Faisal Remarks to the Global Counterterrorism Forum in New York
     

    [Press Release] Saudi Foreign Minister Prince Saud Al-Faisal addressed the Global Counterterrorism Forum yesterday in New York to discuss international efforts toward combatting global terrorism. During his remarks, Prince Saud stated, “Faced with such serious realities, we are required today to initiate polices and take fateful and resolute decisions to confront this vicious attack with full force and determination, and to act seriously […]

     
  • U.S. and Saudi Arabia Conduct Joint Strikes on IS Targets in Syria
     

    The United States and Gulf Arab allies, including Saudi Arabia, conducted joint airstrikes within Syria’s borders for the first time primarily on Islamic State targets in and around Raqqa, several news agencies and CENTCOM are reporting.  Islamic State militants bore the brunt of the large-scale attack, which included strikes from various aircraft and also missile […]

     
  • Nitaqat Three Years On: A Summer 2014 Report Card
     

    Four years into the Arab Spring, Saudi Arabia has been an oasis of relative calm and stability in an otherwise tumultuous Middle East region. This is partially because the perceived social, economic and political dysfunction resulting from Arab Spring reform movements has had a sobering effect on Saudi perceptions.  In fact, many Saudis consider the […]

     
  • Saudi Arabia Fast-Tracks Nuclear Power to Meet Soaring Domestic Demand
     

    In an excellent round-up of the shifting energy sector in Saudi Arabia, James Conca in Forbes discusses Saudi Arabia’s embrace of nuclear and renewable energy sources to meet demand – an important initiative for the increasingly energy-hungry Saudi society. “Saudi Arabia burns almost a billion barrels of oil a year to produce electricity, this change […]

     
  • 5 Things to Know about the TASI Opening
     

    Last month’s announcement that the Saudi Arabian stock market, known as the Tadawul or TASI, would open to foreign investment has created waves of optimism from news outlets to seasoned investors. Most think the opening of the market will be great for investors and provide extra liquidity and capital into the market, but the Saudi […]

     
  • Saudi Arabia’s Timely Push for Solar to Reduce Oil Consumption
     

    It’s no secret that Saudi Arabia’s energy consumption is soaring, and that to meet increasing demand, the Kingdom is siphoning off more and more of its crude to power the booming Saudi economy. Although Saudi Arabia has plenty of oil, what is consumed to meet domestic power demand cannot be sold on the market. Writing […]

     
  • Uptick in US-Saudi Diplomacy including Secretary Kerry’s Praise for Saudi ‘Compassion’ for its $500m Humanitarian Pledge to Iraq
     

    U.S. Secretary of State John Kerry lauded Saudi Arabia’s “compassion” and “generosity” after the Kingdom announced it would donate $500 million in humanitarian aid to all people of Iraq, regardless of ethnicity or religion, according to a release made public by the State Department.  “Saudi Arabia has made an enormous and very significant commitment to help […]

     
  • ‘Observe Ramadan in the true spirit of Islam’
     

    Imams in mosques throughout the Kingdom, including those in Makkah and Madinah, welcomed on Friday the holy month of Ramadan with an immense sense of piety and requested their respective congregation to strictly follow the teachings of the Holy Qur’an during the fasting period. The Supreme Court in Riyadh called on all Muslims in the […]

     

MUST-READS