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Commentary: Saudi Arbitration Court in the UK?
- November 5,2012
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- SUSTG Team
In a recent Financial Times article Caroline Binham and Helen Warrell reported that, “Saudi Arabia will lobby the UK government as early as November to set up a confidential court in London that would settle multimillion pound commercial disputes arising from the Middle Eastern kingdom. The Saudis hope that a London-based arbitration centre would help counter investor […]
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Anne Habiby: Entrepreneurship and Job Creation in the Arab World
- October 24,2012
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- SUSTG Team
In addition to featured speakers such as President Bill Clinton and Mr. Abdullah Alireza the recent C3 Summit in New York City presented a number of compelling panel discussions addressing commercial and trade issues related to doing business in the MENA region. SUSTG has featured the remarks at this event of Abdullah Alireza (Global Economic […]
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Energy policy: What we need to talk about
- October 18,2012
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- SUSTG Team
For starters, the United States is already over 80 percent (up from 70 percent a decade ago) self sufficient when it comes to energy production and use. We are routinely described as the Saudi Arabia of coal, and have the largest nuclear fleet in the world. We are the world’s largest natural gas producer and […]
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Saudi oil sales to U.S. robust despite refinery upsets
- October 17,2012
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- SUSTG Team
Saudi Arabia appears to be keeping its pledge to ensure global markets are well supplied with oil, barely letting up in shipments to the United States even after two of its biggest refining customers suffered crippling glitches. A Reuters analysis of U.S. import data shows sales to the world’s top oil consumer have dipped less […]
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Public policy considerations in Saudi Arabia’s new Arbitration Law
- October 15,2012
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- Richard Wilson
We see plenty of coverage these days of Saudi Arabia’s growing economy; and justifiably so. Expansionary government spending, elevated oil prices, a strong banking system, a maturing private-sector, increasing diversification, growing foreign investment and other factors contribute to an exciting period for Saudi Arabia. While elevated oil prices have fueled Saudi Arabia’s impressive recent growth, […]
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Saudi market opening to take ‘a while’ as conditions debated
- October 11,2012
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- SUSTG Team
Saudi Arabia — the largest, most liquid and yet least accessible stock market in the Arab world — is considering opening its stock market to foreign investors in a move that could help turn the local market into a regional trading hub. But when the kingdom will make its final decision on this proposal, which […]
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Modernity and tradition: Khalid Habash’s stunning photos of Saudi
- October 1,2012
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- Lucien Zeigler
It is no secret that Saudi Arabia’s economy and society are modernizing at a remarkable pace. Already the Arab world’s largest economy, the Kingdom also has one of the world’s highest GDP growth rates. Government spending is expansive and investment in infrastructure, education and numerous other sectors are at all time highs. Soon to be […]
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Abdullah Alireza speaks at C3 Summit
- September 20,2012
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- Richard Wilson
SUSTG attended the C3 Summit in New York City September 13-14, 2012. This was the inaugural event in what the organizers anticipate will be an annual gathering to ‘build new relationships, foster existing partnerships and exchange best practices’ between the U.S. and the Arab world. C3 (Community, Collaboration and Commerce) is looking to host the […]
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‘A Disciplined Approach To Forward-Looking Policymaking’
- September 11,2012
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- SUSTG Team
A recently released report by the Center for Strategic and International Studies on Saudi Arabia’s energy policy finds that the Kingdom is pursuing a “disciplined approach to forward-looking policymaking.” The report was published by Hisham Akhonbay, who is a visiting fellow with the Energy and National Security Program at CSIS from the King Abdullah Petroleum […]
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The Secret History of America’s Thirty-Year Conflict with Iran
- August 8,2012
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- SUSTG Team
A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms are remarkable given their source: David Crist, author […]
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MUST-READS
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Branding: European FootballThe Middle East’s appetite for European football continues to grow
Five of the top eight revenue generating clubs in the world have Middle East-based shirt sponsors and the involvement of regional sponsors is a key part in driving the commercial growth at many of Europe’s biggest clubs.
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Education: Saudis AbroadSaudi student in US thinks big about social entrepreneurship
Aware that he would be the first Arab man to hold such a degree (two women from Saudi Arabia have the same degree), Firas added: “This gave me a huge incentive to be very active in terms of raising people’s awareness about the filed and work on building its ecosystem throughout the Arab World.”
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Iran DealOld Europe pushes Iran deal on Capitol Hill
As the Obama administration steps up its campaign to sell the Iran nuclear deal on Capitol Hill, it is welcoming the assistance of Europe’s top ambassadors to Washington.
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U.S.-SaudiU.S.-Saudi Fuel Feud Pits Saudis’ Secretive Ghawar Against Sprawling Bakken
How much crude the Saudis pump out of their largest field may determine the fate of some of America’s oilmen.
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Iran NegotiationsIran deal poses geopolitical challenge for EU
Most photos taken of the negotiators seeking to reach an agreement over Iran's nuclear programme have EU foreign policy chief Federica Mogherini standing in the middle.
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Migrants: EUEU leaders agree to relocate 40,000 migrants
EU leaders holding late-night talks in Brussels have agreed to relocate tens of thousands of migrants who have arrived in Italy and Greece.
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Saudi - FranceFrench and Saudis meet over projects worth billions of euros
Foreign Minister Laurent Fabius announced Saudi Arabia -- the Arab world's largest economy -- and France were in talks regarding 20 projects potentially worth tens of billions of euros (dollars). It is unclear if the Saudi visit this week will yield concrete signed contracts, but Hollande said in May that announcements on deals between the two nations could come as soon as June.
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TourismFour historical sites in Saudi Arabia being converted into open museums
Four historical sites in Saudi Arabia are being converted into open museums, a project undertaken by the Saudi Commission for Tourism (SCTA), the Al-Hayat daily reported.
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U.S. Arms SalesU.S. arms makers say sales process improving but still too slow | Reuters
Many U.S. arms makers have sought to offset declines in American and European defense spending by boosting international sales, but they regularly complain that slow government approvals of deals frustrates some customers and drives them to look at offers from non-U.S companies.
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Commercial Aviation: Gulf AirlinesU.S.-Gulf Airline Feud Shadows Industry Amid 80% Surge in Profit
Global airlines buoyed by a record profit forecast are also grappling with how to mend a rift between the largest U.S. carriers and their rivals in the Persian Gulf.
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