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Recent stories from sustg
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Why Saudi Arabia is ‘The Next Big Thing’ for Global Investors
- August 7,2014
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- SUSTG Team
Leone Lakhani and Alanna Petroff write in CNN Money that Saudi Arabia is the “next big emerging market” following the announcement of the TASI opening to foreign investors. That report cited Saleem Khokhar, head of equities at the National Bank of Abu Dhabi’s asset management group, as saying that the market is “deeply liquid…with lots […]
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Turning the Corner on MERS
- August 5,2014
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- Lucien Zeigler
When the spread of the deadly coronavirus MERS started making headlines on a daily basis in the Spring, international concern began to mount that the Saudi government wasn’t doing enough to contain the virus. New confirmed cases started emerging in other countries in the region, even reaching the United States. As the death toll mounted, […]
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Over 43% of the World’s Natural Gas is in the Middle East, According to BP
- July 30,2014
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- Lucien Zeigler
43% of the world’s natural gas reserves are in the Middle East region, a June 2014 report by energy company BP found. The BP Statistical Review of World Energy June 2014 found that 80.3 trillion cu/m of natural gas sits under countries in the Middle East. The annual report by BP published every June noted […]
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IP in Saudi Arabia: Why does Saudi society ‘prefer to buy pirated material’?
- July 10,2014
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- Lucien Zeigler
A guest contributor to the Saudi Gazette lamented the Kingdom’s inability to stop pirating, saying “because of our negligence and violation of intellectual property rights, we have been prevented from buying electronic books from the world’s major providers of such material.” Abdullah Azzam noted that he was unable to purchase ebooks through Google Play because […]
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Theodore Karasik on ISIL in Iraq and the Implications for Saudi Arabia
- July 7,2014
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- Lucien Zeigler
In a FocusKSA interview last week, Dr. Theodore Karasik addressed the expansion of ISIL control in Iraq and the challenges for the Kingdom of Saudi Arabia. “ISIL is continuing to look to expand in other directions, and one of those directions includes Saudi Arabia,” Dr. Theodore Karasik told SUSRIS in the interview. On July 6th, […]
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An Exclusive Interview with Steve Clemons from the Atlantic on ISIL, Iraq, and Syria
- July 2,2014
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- Lucien Zeigler
The deteriorating security situation in Iraq and the swift territorial advance of the extremist Sunni militia the Islamic State in Iraq and the Levant (ISIL) present an extraordinarily complex set of local, regional and even global challenges for both Saudi Arabia and the United States. Where is the situation in Iraq going? What are the […]
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Jamal Khashoggi Addresses the Deteriorating Security Situation in Iraq and Why ISIS is a Threat to Saudi Arabia and the United States [VIDEO]
- July 2,2014
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- Lucien Zeigler
As the security situation in Iraq deteriorates and the Islamic State of Iraq and the Levant (ISIL) continues to battle the security forces of the Maliki government in Iraq, SUSTG and SUSRIS hosted a special edition of FocusKSAwith experts to discuss the implications of these developments for Saudi Arabia and the U.S.-Saudi relationship. Joining the panel […]
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Hardin Lang Discusses the Advance of ISIS in Iraq and the Implications for the U.S.-Saudi Relationship [VIDEO]
- July 2,2014
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- Lucien Zeigler
Last week’s FocusKSA discussion brought together leading thinkers and analysts to discuss the advance of ISIS in Iraq and hash out the implications for key players, especially the United States and Saudi Arabia. In his opening remarks, Hardin Lang, Senior Fellow, Center for American Progress (CAP), discussed the findings from the just-released CAP study, co-written with Brian Katulis […]
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Uptick in US-Saudi Diplomacy including Secretary Kerry’s Praise for Saudi ‘Compassion’ for its $500m Humanitarian Pledge to Iraq
- July 2,2014
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- Lucien Zeigler
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 […]
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An Interview with Abdulaziz Alhazmi, COO and Acting Director General of Saudi Arabian Airlines (Saudia)
- June 30,2014
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- Richard Wilson
On the eve of the 2014 Saudi Arabian Cultural Mission (SACM) Career Fair and Graduation Ceremony last week, I sat down with Abdulaziz Alhazmi, COO and Acting Director General of Saudi Arabian Airlines (Saudia). Saudia is a major sponsor of these events and Mr. Alhazmi was in Virginia to personally congratulate the 12,500 Saudi students […]
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MUST-READS
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Blinken scraps Jordan stop on Gaza truce tour, heading to Saudi Arabia instead
US Secretary of State Antony Blinken will travel to Saudi Arabia on Wednesday for talks on normalization with Israel as he pushes for a ceasefire in Gaza, a US official tells reporters. Blinken, who is on a regional tour expected to last throughout the week, will travel to Saudi capital Riyadh instead of previous plans to head to Jordan due to scheduling issues, the official says on condition of anonymity. The normalization deal is widely seen as dead in the water, as Riyadh is now conditioning it on the establishment of a Palestinian state — a nonstarter for Israel.
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Saudi Arabia enlists BlackRock to improve MBS market: Report
According to data available on Argaam, the Saudi Real Estate Refinance Co. (SRC) signed an agreement with BlackRock to develop the real estate finance sector, expand the local and international investor base, and ensure market stability and diverse financing options.
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Rafael Nadal gives brutally honest verdict on Saudi Arabia criticism and sportswashing claims
“What happens is that there comes a certain moment when you can be in one place or another, based on your opinion. I respect all opinions, as long as mine are also respected,” Nadal began. “Do they pay me to come here? Yes. But we must not lose perspective. You come here and what do you think? Are you doing good or bad? Because the only problem in the end is that you get paid for it. “Because, really, by coming here, you help the country. And those who speak in such a drastic way against the country, very well. “So, what do you want? For them to continue being bad, for them to continue keeping the country locked up, with more inequality? There is only one reality. “In the end, by coming here, we make events happen and tourists come, something that didn’t happen four or five years ago.
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Trees of the Gulf: Olive Trees and a Mediterranean Diet in the Desert
Aside from the sea itself, there is nothing that defines Mediterranean culture and heritage more than the olive tree. While entrepreneurs and immigrants from the Mediterranean to places with similar climates, such as California and parts of Australia, have planted olive groves and developed small industries, olive oil from outside the Mediterranean is a niche product, rarely held in high regard. But Saudi Arabia is challenging the Mediterranean’s 6,000-year hold on olive oil on a grand scale.
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Attackers kill 5, injure 22 at Turkish aviation site
Two attackers killed five people and wounded 22 others on Wednesday in what Ankara called a terrorist attack at the Turkish Aerospace Industries headquarters, where witnesses said they heard gunfire and an explosion. Interior Minister Ali Yerlikaya said both attackers were killed after the attack, adding two of the injured are in critical condition. TV broadcasters showed footage of armed assailants entering the TUSAS building near Ankara.
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Lebanon’s cash economy surge drives FATF grey-listing concerns
Lebanon is set to be placed on a financial crime watchdog’s grey list this week, with experts pointing to the country’s expanding cash economy and parallel financial system as key drivers behind the designation, according to senior economists and sources familiar with the matter. The designation comes as Lebanon grapples with a complex web of challenges, including a widespread shift away from traditional banking following the 2019 financial crisis, which has created new vulnerabilities in the financial system.
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BRICS Summit 2024: Key moments from day 1 of Kazan talks
The opening day featured traditional performances and cultural exchanges. Putin is scheduled for approximately 20 bilateral meetings, including talks with Palestinian leader Mahmoud Abbas regarding Gaza. In addition, a significant Modi-Xi meeting is planned for Wednesday, their first since recent border tensions. The summit will conclude with the Kazan Declaration on Thursday, focusing on economic cooperation, alternative payment systems, and global challenges.
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MBC Studios Head Zeinab Abu Alsamh on Training the Next Generation of Saudi Talent
Prior to joining Saudi Arabia’s MBC Group in 2021, Zeinab Abu Alsamh, one of The Hollywood Reporter‘s 2024 Most Powerful Women in International TV, served as chief commercial officer of the Saudi Broadcasting Authority, where she was responsible for the programming strategies of its entire broadcast portfolio. At MBC Studios, the in-house premium content production arm of MBC Group, she oversees the production and development of new projects, while also serving as CEO of MBC Academy, which discovers and nurtures emerging talent.
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Saudi Surgeon Honored for Performing the World’s First Fully Robotic Heart Transplant
The award also commemorates his successful completion of the world’s first robotic heart transplant on a 16-year-old patient suffering from end-stage (Class IV) heart failure. This achievement represents a turning point in heart transplant surgery practices, with a medical approach that relies on minimal surgical intervention, thereby reducing pain, shortening recovery times, and minimizing the risks of complications.
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Saudi FM arrives in Russia’s Kazan to attend BRICS summit
Saudi Foreign Minister Prince Faisal bin Farhan arrived in Russia’s Kazan to head the Kingdom’s delegation at the BRICS summit as “a country which is invited to join the group,” Al-Ekhbariya said on Wednesday. Prince Faisal is representing King Salman at the meeting of around 20 world leaders. In a joint statement issued on Wednesday, the BRICS group said it was “deeply concerned about ongoing conflicts and instability in the Middle East and North African region.”
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