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Recent stories from sustg

  • The Best SPA Photos from October 2014
     

    In the September edition of the best photos from the Saudi Press Agency, a dazzling performance from Saudi security forces, infrastructure in the Kingdom, ancient woodworking and more.

     
  • Video: Full Keynote Address by HRH Prince Turki Al Faisal at the 2014 AUSPC
     

    Prince Turki al-Faisal’s remarks to the 23nd Annual Arab-U.S. Policymakers Conference, entitled, “Framing and Charting the Region’s Issues, Interests, Challenges, and Opportunities: Implications for Arab and U.S. Policies” Saudi Arabia’s Prince Turki al-Faisal is Chairman, King Faisal Center for Research and Islamic Studies, Riyadh, Saudi Arabia and former Saudi Arabian Ambassador to the United Kingdom and to […]

     
  • Is the Saudi Health Ministry Failing to Meet Targets?
     

    Saudi Arabia is in danger of failing to meet crucial targets set out in the Kingdom’s ninth development plan for 2010 to 2014, according to a post published in the Saudi Gazette, based on information from the Arabic-language Al-Eqtisadiah. “With only two months left until the end of 2014, the ministry is far from reaching […]

     
  • #FocusKSA: What to Expect from the Opening of the Saudi Stock Market: Fahad al-Turki of Jadwa Investment
     

    In part 2 of our FocusKSA conversation with Dr. Fahad al-Turki, Head of Research for Jadwa Investment, discusses what to expect from the opening of the Saudi stock market to foreigners in 2015. Jadwa is a well-regarded, Shariah-compliant, investment firm based in Riyadh and Dr. Fahad spearheads a superb analysis team that publishes very informative reports […]

     
  • #FocusKSA: Jadwa Investment’s Head of Research Fahad al-Turki on the Saudi Economy
     

    In another edition of the FocusKSA discussion series, Saudi-US Trade Group President, Richard Wilson, speaks with Jadwa Investment’s Head of Research, Dr. Fahad al-Turki, about the Saudi economy and investment in the Kingdom (Part 1, video below) as well as the planned opening of the Saudi stock market to qualified foreign investors (Part 2 to be […]

     
  • Cracking the Online Payments Puzzle in MENA
     

    Online payments have been at the center of electronic commerce challenges in the Middle East and North Africa since the first regional e-commerce sites came online. In many cases, they’ve kept both investors and founders worried about venturing into e-commerce businesses, and prevented many consumers from enjoying the benefits. Research shows that 47% of people […]

     
  • PHOTOS: Saudi Commando Forces Train in the Alps
     

    Saudi Arabia’s commando forces are training in the Alps with their French counterparts. The forces included “Saudi commando units, surveillance units of paratroopers and special forces units from the Royal Saudi Land Forces, joined by French commandos, all took part in the high-altitude drills dubbed ‘Shamrakh 1,’ Al Arabiya reports. [CLICK HERE TO VIEW A […]

     
  • After Sfakianakis Hire, Ashmore to Open an Office in Saudi Arabia Ahead of Market Opening
     

    London-based Ashmore Investments is set to open an office in Saudi Arabia before the opening of the Saudi Stock Exchange to foreign investors, the Wall Street Journal‘s Nicholas Parasie reports. Ashmore, which is registered with the Saudi market regulator the Capital Markets Authority and based in Riyadh on Olaya Main Street, recently hired John Sfakianakis to join the […]

     
  • Riyadh Gunman who Killed an American Co-Worker and was Born in the US Identified as Abdulaziz bin Fahd Al-Rasheed
     

    An American was shot and killed in a car in Riyadh today by a 25 year-old Saudi citizen named Abdulaziz bin Fahd Al-Rasheed who was born in the United States, the official Saudi Press Agency reports. The two were employed by Vinnell Company contracting with the Ministry of the National Guard, the SPA has said, […]

     
  • Saudi Arabia in the Air
     

    A stunning collection of photos from Saudi Arabia’s Press Agency, the SPA, showed Saudi Arabia’s helicopters and some shots of the Kingdom from above. [Click here to view a slideshow of Saudi helicopters and aerial shots of the Kingdom from above]

     

MUST-READS

  • Dr. Basma AlBuhairan: A Story of Cross-Sector Leadership

    The Kingdom’s ranking in global innovation and technology indices is continuously improving. Saudi Arabia jumped 10 ranks to achieve 2nd place among the G20 countries according to ITU’s ICT Development Index (IDI) 2023

  • How a Saudi university’s AI solution is revolutionizing Red Sea coral conservation

    The groundbreaking technology, Coral-AI, combines real-time environmental monitoring with automated delivery of beneficial microorganisms, offering a proactive approach to preserving coral health not just in the Red Sea, but potentially across the world’s oceans. The Red Sea, the world’s northernmost tropical sea, is a semi-enclosed body of water connected to the Mediterranean Sea and the Arabian Sea through the narrow Suez Canal and Bab Al-Mandab Strait.

  • Iran’s president visits Iraq amid Middle East tensions

    Iranian President Masoud Pezeshkian visited Iraq on Wednesday on his first foreign trip, signalling the clerical establishment's intention to strengthen ties with a strategic ally of both Tehran and Washington as regional tensions rise. Pezeshkian, a relative moderate who was elected in July, met Iraqi Prime Minister Mohammed Shia al-Sudani at the start of a three-day visit that Tehran and Baghdad said would include the signing of a number of agreements and discussion of the Gaza war and the situation in the Middle East.

  • 23 years later, September 11 families continue quest for accountability from Saudi Arabia through civil lawsuit

    Now, as survivors and the victims’ families commemorate another anniversary, they await a federal judge’s pivotal decision in their yearslong legal battle with the Kingdom of Saudi Arabia over their claim of KSA’s role in backing an extremist support network that assisted the hijackers in the US leading up to the attack on the World Trade Center and the Pentagon on September 11, 2001. The Kingdom denies the allegations.

  • Saudi FM discuss Palestine, Syria and Somalia crises with counterparts in Cairo meeting

    Saudi Foreign Minister Prince Faisal bin Farhan met with his counterparts at the sidelines of the Arab League foreign ministers meeting in Cairo on Tuesday. During the meeting, ministers discussed joint Arab action to intensify coordination on the Palestinian issue and other matters of concern. Regional and international developments were also discussed at the meeting that was attended by a Turkish foreign minister for the first time in 13 years.

  • Saudi Arabia says Israel humanitarian aid blockade in Gaza amounts to ‘war crime’

    Saudi Arabia said, Tuesday, that Israel’s obstruction of humanitarian aid to the Gaza Strip is a “war crime” and a “humanitarian catastrophe”, according to Saudi state channel, Al-Ikhbariya. The failure to reach a ceasefire in Gaza for nearly a year is evidence of the “repeated failure of the international security system,” Foreign Minister, Prince Faisal Bin Farhan, said at a news conference in Cairo with his Egyptian counterpart, Badr Abdelatty, Anadolu Agency reports. Bin Farhan criticised Israel’s intransigence and refusal to agree to a ceasefire.

  • Saudi Arabia reopens embassy in Syria, completing reconciliation with Assad regime

    At a reception held at Damascus’s Four Seasons Hotel on Monday, Saudi Chargé d’Affaires, Abdullah Al-Harith, stated that the reopening of the Kingdom’s diplomatic mission in Syria “represents an important moment in the history of relations between our two brotherly countries”. He also emphasised Riyadh’s commitment to developing bilateral relations with Damascus.

  • Saudi Arabia reopens its embassy in Damascus after a hiatus of 12 years

    It is noteworthy that in May this year Saudi Arabia had appointed Faisal bin Saud Al-Mujfel as its ambassador to Syria, months after announcing the resumption of diplomatic relations between the two countries, becoming the first Saudi ambassador since the embassy was closed in 2012. Syria appointed earlier Dr. Muhammad Soussan as new ambassador to Saudi Arabia. Dr. Soussan assumed charge in Riyadh in January this year. In May 2023, Saudi Arabia restored diplomatic ties with Syria after a hiatus of 12 years.

  • Saudi Arabia to scale back debt issuance in H2: Fitch Ratings

    Saudi Arabia plans to reduce its debt issuance in the second half of 2024, thanks to substantial dividend payments from Aramco that have alleviated the need for sovereign financing, according to Fitch Ratings. This decision comes after a period of significant debt issuance in the first half of the year, reflecting the government’s strategic fiscal management.

  • Saudi Falcons Aerobatic Team Performs at Egypt Air Show

    The Saudi Falcons Aerobatic Team, representing the Royal Saudi Air Force, showcased impressive aerial displays today during the Egypt Aviation and Space Exhibition 2024, currently taking place in northwestern Egypt.