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The Death of King Abdullah and the Future of Saudi Arabia: 5 Storylines to Watch This Week
- January 26,2015
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- Lucien Zeigler
The passing of Saudi Arabia’s King Abdullah in the early morning on Friday, January 23rd is a major event in the Kingdom’s history. The impact of the King’s reign on current and future generations will be lasting, and his death has drawn global attention to the Kingdom as the country moves forward with new leadership. […]
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An Outpouring of Grief from Saudis on Social Media as Heads of State Arrive for Funeral of the Late King Abdullah
- January 23,2015
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- SUSTG Team
Saudi Arabia’s citizens took to social media to express their grief and sadness at the death of King Abdullah bin Abdulaziz al Saud as heads of state arrived in Riyadh to attend services and express solidarity with the leaders and people of the Kingdom. At the time of this writing, the hashtag #KingAbdullah is the […]
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President Obama: ‘My personal condolences and the sympathies of the American people’ following death of King Abdullah as VP Biden plans visit
- January 23,2015
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- SUSTG Team
President Obama issued a statement today on the death of Saudi Arabia’s King Abdullah bin Abdulaziz, expressing his condolences and “the sympathies of the American people” to the family of the King and the people of Saudi Arabia. “It is with deep respect that I express my personal condolences and the sympathies of the American […]
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Spain’s Abengoa and AWT to Develop the World’s First Solar-Powered Desalination Plant in Saudi Arabia
- January 21,2015
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- SUSTG Team
[Press Release] Spain’s Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been selected by Advanced Water Technology (AWT) to jointly develop the world’s first large-scale desalination plant to be powered by solar energy, in Saudi Arabia. AWT is a newly formed company […]
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Google’s Eric Schmidt Headlines Impressive Speaker List for the Upcoming Global Competitiveness Forum (GCF) on January 25th in Riyadh
- January 20,2015
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- SUSTG Team
Google’s executive chairman Eric Schmidt will speak at the upcoming Global Competitiveness Forum (GCF) in Riyadh, Saudi Arabia, according to the Forum’s website. The technology billionaire headlines a long list of high-level speakers set to descend on Riyadh to discuss investment and development in the region and beyond. Schmidt joined Google in 2001 and served […]
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U.S. Delegation Led by Senator John McCain Visits Saudi Arabia to Discuss Military Cooperation Efforts Against Daesh, Training of Moderate Rebels
- January 19,2015
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- SUSTG Team
U.S. Senate Republican John McCain and a delegation of Senate Armed Services Committee members visited Saudi Arabia on Saturday as part of a broad tour of the region to discuss American-Saudi joint efforts to back moderate Syrian rebels in that country’s 4-year old civil war. According to the Guardian, McCain and the Senate Armed Services […]
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Solar Power in MENA to See Six-Fold Growth in 2015
- January 16,2015
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- Lucien Zeigler
The MENA region will see solar projects worth $2.7 billion unveiled in 2015, 6 times as much as 2014, according to Arabian Business, which cited a new study by the Middle East Solar Industry Association (MESIA). 1,800MW worth of solar projects will be tendered or awarded during the next 12 months, compared with less than 300MW […]
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‘No Shortage of Funds’ for Saudi Arabia’s Troubled Housing Market as Minister Eyes Taxes on Undeveloped Lands
- January 14,2015
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- SUSTG Team
A longstanding issue for the Kingdom of Saudi Arabia has been the drag on the housing market caused by privately-owned property in urban locales that remains unused with no plans for development. Without taxation of this land, and low prices that owners might receive on the market, there is little incentive to sell it. However, […]
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Photos: Rare Snow Blankets Areas of Saudi Arabia
- January 13,2015
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- SUSTG Team
A rare blanket of snow hit areas of Saudi Arabia on Monday, causing a stir on social media sites and even eliciting a Fatwa about snowmen. The bulk of the snow hit a town near the northern city of Tabuk, according to the BBC. Images appearing on the website Alriyadh.com, which often has excellent user-submitted photographs […]
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The ‘Monumental’ Opening of the Saudi Stock Market in 2015 to Wider Foreign Investment
- January 7,2015
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- SUSTG Team
As Saudi Arabia prepares to open its stock market to wider foreign investment possible as soon as April 2015, there is tremendous enthusiasm on the part of foreign investors as wells as anticipation within the Kingdom. In a recent FocusKSA discussion with Dr. John Sfakianakis, SUSTG’s President Richard Wilson asked about the importance of the […]
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MUST-READS
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Informatica Launches Saudi Arabia’s First AI-Powered Intelligent Data Management Cloud Platform
Informatica (NYSE: INFA), the enterprise cloud data management leader, today launched its AI-powered Intelligent Data Management Cloud™ (IDMC) in Saudi Arabia, a first for the Kingdom. The investment includes establishing a new Point of Delivery (PoD) in Riyadh, and reflects a commitment to support local, scalable, cloud-first data management services. The move further strengthens Informatica’s presence in the Middle East, following the launch of its first regional PoD in Abu Dhabi, UAE, in 2023.
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Saudi Arabia’s Upcoming National Space Strategy a Blueprint for Growth
The Saudi space sector generated USD400 million in 2022. That figure is expected to reach USD2.2 billion by 2030. Saudi Arabia’s Vision 2030 strategy, a national blueprint for diversifying and growing the country’s economy, highlights the space sector’s role in growing the economy. The Saudi Space Agency says there is a strong emphasis in the country on space research and innovation for peaceful purposes. There is also an eye on the commercial opportunities, including space tourism.
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Ethiopia to repatriate 70,000 nationals from Saudi Arabia
Ethiopia will repatriate some 70,000 of its nationals living in Saudi Arabia starting early April. State Minister Birtukan Ayano said the repatriation, the third such programme since 2018, will target “Ethiopians who are in a difficult situation”. During the announcement last week the minister didn't specify whether the returnees have been living in Saudi Arabia legally.
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Opinion: UN’s Selecting Saudi Arabia To Lead Women’s Rights Forum May Advance The Cause
The UN’s decision to give the chair of the “Commission on the Status of Women (CSW)” to Saudi Arabia on March 27 has been roundly condemned by human rights groups and the media citing that country’s “abysmal” record on women’s rights. Interestingly, there were no rival candidates and no dissent either at the CSW’s annual meeting in New York. The decision was proposed by the group of Asia-Pacific States on the Commission.
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U.S. Special Envoy for Yemen Lenderking’s Travel to Saudi Arabia and Oman
U.S. Special Envoy for Yemen Tim Lenderking is traveling to Saudi Arabia and Oman this week to meet with partners to discuss the need for an immediate cessation of Houthi attacks in the Red Sea and Gulf of Aden, which are undermining progress on the Yemen peace process and the delivery of humanitarian assistance to Yemen and other countries in need.The United States remains firmly committed to supporting a durable peace in Yemen and alleviating the complex humanitarian and economic crises harming the Yemeni people. The United States supports a return to UN-led peace efforts once the Houthis halt their indiscriminate attacks.Special Envoy Lenderking will meet with regional counterparts to discuss the steps to de-escalate the current situation and renew focus on securing a durable peace for the Yemeni people.
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Saudi Arabia condemns targeting of Iranian consulate in Syria
Saudi Arabia has condemned the targeting of the Iranian consulate building in the Syrian capital Damascus, a foreign ministry statement said early Tuesday. On Monday, suspected Israeli warplanes bombed Iran’s consulate in Syria, a marked escalation in a war pitting Israel against its regional adversaries, and Tehran said the strike killed seven military advisers including three senior commanders.
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Rogers, Smith Statement On Return Of Congressional Delegation To Saudi Arabia, Türkiye, And Uzbekistan
U.S. Representatives Mike Rogers (R-AL) and Adam Smith (D-WA), Chairman and Ranking Member of the House Armed Services Committee, released the following statement after returning from a congressional delegation to Saudi Arabia, Türkiye, and Uzbekistan. Joining them on the delegation were Representatives Salud Carbajal (D-CA) and Veronica Escobar (D-TX), both members of the committee.
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Saudi Arabia condemns attack on Iran’s consulate in Damascus
“The Ministry expresses the Kingdom’s categorical rejection of targeting diplomatic facilities for any justification, and under any pretext, which is a violation of international diplomatic laws and the rules of diplomatic immunity,” the ministry said in a statement carried by state news agency SPA. Iran on Monday accused Israel of targeting its consulate in Damascus with airstrikes and killing seven Iranian military personnel, including two senior commanders.
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White House’s Sullivan traveling to Saudi Arabia for talks with MBS
White House national security adviser Jake Sullivan plans to travel to Saudi Arabia this week for talks with Crown Prince Mohammed bin Salman amid a U.S. push for progress toward normalizing relations between Israel and Saudi Arabia.Talks on normalization had been put on ice in the immediate aftermath of the Oct. 7 attack by Palestinian Hamas fighters on southern Israel and Israel's subsequent assault on Hamas-ruled Gaza, but conversations have resumed in recent months.
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Canoo taps into the $30B Saudi Arabian EV market
Canoo is tapping into Saudi Arabia’s electric vehicle (EV) market, estimated to have a total addressable market of over $30 billion. According to a press release emailed to Teslarati, the mobility company’s entry point into the Saudi Arabian EV market is Jazeera Paints. Canoo recently signed a vehicle sales agreement with Jazeera Paints, a paint manufacturer in the Gulf Cooperation Council (GCC), which encompasses Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The paint manufacturer also operates in the Middle East and North Africa (MENA).
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